Sale reports / Montana / Billings Livestock Commission / 2025-10-20

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Mon, Oct 20
● Final79 lots reportedUSDA AMS · slug 1775
Feeder Cattle receipts
575 head
▲ 185 vs last sale 390▲ 274 vs year ago 301 · +91.0%
Slaughter Cattle receipts
755 head
▲ 412 vs last sale 343▲ 46 vs year ago 709 · +6.5%
Replacement Cattle receipts
410 head
▲ 272 vs last sale 138▲ 271 vs year ago 139 · +195.0%
View

Reporter comment USDA

As filed

Compared to last Mondays sale: Last Monday was a federal holiday and the first Monday sale of the fall run was not reported as a result. Feeder cattle sold on moderate to good demand for light offerings. Most offerings were offered in small packages and buyers pieced together loads as a result. Quality today was mostly average to attractive. Demand for lightweight calves continues to be very good as buyers purchase these offerings to develop into yearlings. Market activity was mostly moderate to active with a small buyer pool bidding on calves. Internet activity continues to be very active with several buyers actively bidding. Weigh up cows sold on good to very good demand today for light to moderate offerings. Most cows were purchased to feed this week. Feeding cow demand was very good with a large pool of buyers actively bidding on offerings. Very few cows were purchased to send to immediate harvest this week. Slaughter cows were too lightly tested to develop any market trend. There is no recent test for cows as last week was a holiday. Demand for all cows suitable to feed was very good. Quality was most average to attractive today. Weigh up conditions were mostly average today. Slaughter bulls sold on moderate demand. Packer buyers and feeding buyers showed good demand for all sound bulls suitable to feed. Cows suitable to feed or rebreed sold on mostly very good demand. Quality was mostly average this week.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $435.85/cwt on 101 head. That ranks 4 of 3 comparable sales and sits +44.52 against this barn's trailing median of $391.33.
Average price
$435.85
101 head · 564 lb average
Value per head Derived
$2,459
Price × average weight ÷ 100
Grade differential Derived
$72
per head · Medium and Large 1 over Medium and Large 1-2
$19.56/cwt at this weight
vs the market
−37.08
vs MT average
−22.29 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1563438.562,46987
Medium and Large 1-2572419.002,39714thin
One grade step is worth $19.56/cwt here — about $72 a head. Across this sale the premium is widest at 600–700 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 500–600 lb

Same class and week · spot auction only
This sale101 hd
435.85
—
MT average5 barns · 1,963 hd
472.93
−37.08
National average182 barns · 38,495 hd
458.14
−22.29
This barn, trailing median3 sales
391.33
+44.52
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

This barn's trailing prices 500–600 lb

3 sales
445417388359median 391.3310/1210/1210/1910/2610/26
Steers 500–600 lb: high $431.25, low $373.42, median $391.33 across 3 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

Slaughter cattle

By class and quality grade · $/cwt
Cull cows and bulls are graded, not weight-classed — grade is what moves the money here.
ClassGradeDressingAvg wt$/cwt$/headHead
Bulls—Average1,774187.643,32926
CowsBreaker 75-80%High1,613181.812,93318
CowsBoner 80-85%Low1,410176.842,494212
CowsLean 85-90%High1,201158.491,904157

Replacement cattle Per head

By class, stage and age
Bred stock and pairs are reported per head, not per hundredweight — these prices are never mixed with the $/cwt figures above.
ClassStageAgeAvg wt$/headHead
Bred Cows2nd Stage (4-6 mo)Young/Middle Aged (2-8 yrs)1,082$3,5003thin
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,217$3,47825
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)1,440$3,4002thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,435$3,3277
Bred Cows2nd Stage (4-6 mo)Middle Aged/Aged (>5 yrs)1,363$3,23526
Bred Cows2nd Stage (4-6 mo)Aged (>8 yrs)1,346$3,022118
Bred Cows1st Stage (1-3 mo)Aged (>8 yrs)1,493$2,8506
Bred Cows1st Stage (1-3 mo)Middle Aged/Aged (>5 yrs)1,270$2,8506
Bred Cows1st Stage (1-3 mo)Middle Aged (5-8 yrs)1,445$2,8502thin
Bred Heifers2nd Stage (4-6 mo)(<2 yrs)914$3,4005

Every lot, as filed

79 lots · USDA AMS · Billings Livestock Commission Cattle Auction - Billings, MT (Mon)
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added. Grouped by class and set lightest first; USDA files them in sale-ring order.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers14 lots · lightest first
Steers200–250Medium and Large 1Unweaned230840.00/cwt840.00–840.001,9322
Steers250–300Medium and Large 1Unweaned263810.00/cwt810.00–810.002,13016
Steers300–350Medium and Large 1Unweaned332663.06/cwt620.00–700.002,20142
Steers350–400Medium and Large 1Unweaned384565.46/cwt550.00–615.002,1714
Steers400–450Medium and Large 1Unweaned408539.04/cwt519.00–565.002,19935
Steers400–450Medium and Large 1-2Unweaned436510.00/cwt510.00–510.002,2248
Steers500–550Medium and Large 1Unweaned534442.50/cwt442.50–442.502,36319
Steers550–600Medium and Large 1Unweaned571437.46/cwt436.00–439.002,49868
Steers550–600Medium and Large 1-2Unweaned572419.00/cwt419.00–419.002,39714
Steers600–650Medium and Large 1Unweaned621410.24/cwt401.00–420.002,54814
Steers600–650Medium and Large 1-2Unweaned645335.00/cwt335.00–335.002,1613
Steers600–650Medium and Large 1-2648376.00/cwt376.00–376.002,4364
Steers650–700Medium and Large 1-2693366.00/cwt366.00–366.002,5363
Steers700–750Medium and Large 1Unweaned727372.00/cwt372.00–372.002,7049
Feeder Cattle · Heifers15 lots · lightest first
Heifers150–200Medium and Large 1-2Unweaned192650.00/cwt650.00–650.001,2483
Heifers300–350Medium and Large 1-2Unweaned339516.57/cwt500.00–533.001,7516
Heifers350–400Medium and Large 1-2Unweaned373488.06/cwt480.00–495.001,82011
Heifers350–400Medium and Large 1Unweaned381542.50/cwt542.50–542.502,06710
Heifers400–450Medium and Large 1Unweaned413508.07/cwt487.50–510.002,09823
Heifers450–500Medium and Large 1Unweaned474441.87/cwt431.00–460.002,09411
Heifers450–500Medium and Large 1-2Unweaned493412.50/cwt412.50–412.502,0347
Heifers500–550Medium and Large 1Unweaned521408.00/cwt408.00–408.002,12612
Heifers550–600Medium and Large 1Unweaned555373.00/cwt373.00–373.002,0704
Heifers800–850Medium and Large 1-2820322.00/cwt322.00–322.002,6401
Heifers850–900Medium and Large 1-2858315.00/cwt315.00–315.002,7032
Heifers850–900Medium and Large 1885322.00/cwt322.00–322.002,85014
Heifers900–950Medium and Large 1917316.79/cwt316.00–318.002,9055
Heifers950–1000Medium and Large 1963312.50/cwt312.50–312.503,0094
Heifers1050–1100Medium and Large 11,082295.00/cwt295.00–295.003,1927
Feeder Cattle · Bulls2 lots · lightest first
Bulls950–1000Medium and Large 1962326.00/cwt326.00–326.003,1363
Bulls1100–1150Large 11,125269.00/cwt269.00–269.003,0261
Slaughter Cattle · Bulls5 lots · lightest first
Bulls——Return to Feed1,405176.61/cwt159.00–183.502,4813
Bulls——Return to Feed1,745190.40/cwt184.00–196.003,32217
Bulls——1,980172.00/cwt172.00–172.003,4061
Bulls——2,038186.27/cwt186.00–187.003,7964
Bulls——Return to Feed2,115195.00/cwt195.00–195.004,1241
Slaughter Cattle · Cows21 lots · lightest first
Cows—Lean 85-90%Light Weight968118.73/cwt117.50–120.001,1492
Cows—Lean 85-90%Light Weight985147.50/cwt147.50–147.501,4531
Cows—Lean 85-90%Light Weight990105.00/cwt105.00–105.001,0401
Cows—Lean 85-90%1,000155.00/cwt155.00–155.001,5501
Cows—Lean 85-90%1,03981.75/cwt65.00–92.508494
Cows—Lean 85-90%1,125124.00/cwt124.00–124.001,3951
Cows—Lean 85-90%Return to Feed1,156160.31/cwt150.00–164.001,85311
Cows—Lean 85-90%1,174113.91/cwt102.50–122.001,33728
Cows—Lean 85-90%Return to Feed1,222173.16/cwt166.00–177.502,11687
Cows—Lean 85-90%Return to Feed1,262179.45/cwt178.50–187.002,26521
Cows—Boner 80-85%1,336171.77/cwt157.00–183.002,2957
Cows—Boner 80-85%1,407119.62/cwt117.50–121.001,6833
Cows—Boner 80-85%Return to Feed1,409185.26/cwt181.00–187.502,61071
Cows—Boner 80-85%Return to Feed1,411177.53/cwt170.00–185.502,505105
Cows—Boner 80-85%Return to Feed1,415164.27/cwt136.00–172.002,32422
Cows—Boner 80-85%1,462135.08/cwt131.00–141.001,9753
Cows—Breaker 75-80%Return to Feed1,509187.00/cwt187.00–187.002,8224
Cows—Breaker 75-80%Return to Feed1,540166.00/cwt166.00–166.002,5561
Cows—Breaker 75-80%1,583190.00/cwt190.00–190.003,0082
Cows—Breaker 75-80%Return to Feed1,663179.87/cwt173.00–183.002,99111
Cows—Boner 80-85%1,680115.00/cwt115.00–115.001,9321
Replacement Cattle · Stock Cows7 lots · lightest first
Stock Cows—Medium and Large 1Thin Fleshed755302.58/cwt290.00–315.002,2842
Stock Cows—Medium and Large 1957306.08/cwt218.00–348.002,92966
Stock Cows—Medium and Large 21,000180.00/cwt180.00–180.001,8001
Stock Cows—Medium and Large 1-21,004245.41/cwt200.00–310.002,4645
Stock Cows—Medium and Large 1-21,033205.06/cwt200.00–210.002,1182
Stock Cows—Medium and Large 11,131234.48/cwt190.00–277.502,65268
Stock Cows—Medium and Large 1Fleshy1,403223.70/cwt217.00–228.003,1393
Replacement Cattle · Bred Heifers1 lot · lightest first
Bred Heifers—Medium and Large 19143,400.00/head3,400.00–3,400.003,4005
Replacement Cattle · Bred Cows14 lots · lightest first
Bred Cows—Medium and Large 11,0823,500.00/head3,500.00–3,500.003,5003
Bred Cows—Medium and Large 1-21,1072,950.00/head2,950.00–2,950.002,9503
Bred Cows—Medium and Large 1Thin Fleshed1,1482,750.00/head2,750.00–2,750.002,75013
Bred Cows—Medium and Large 11,2323,550.33/head3,400.00–3,650.003,55022
Bred Cows—Medium and Large 11,2702,850.00/head2,850.00–2,850.002,8506
Bred Cows—Medium and Large 11,274245.00/cwt245.00–245.003,1214
Bred Cows—Medium and Large 11,3633,234.93/head3,150.00–3,300.003,23526
Bred Cows—Medium and Large 1Broken Mouth1,3713,056.16/head2,800.00–3,100.003,056105
Bred Cows—Medium and Large 11,410196.00/cwt196.00–196.002,76410
Bred Cows—Medium and Large 11,4353,327.43/head3,150.00–3,400.003,3277
Bred Cows—Medium and Large 11,4403,400.00/head3,400.00–3,400.003,4002
Bred Cows—Medium and Large 11,4452,850.00/head2,850.00–2,850.002,8502
Bred Cows—Medium and Large 1Broken Mouth1,4932,850.00/head2,850.00–2,850.002,8506
Bred Cows—Medium and Large 11,632176.00/cwt176.00–176.002,8723

How this sale compares

Montana weighted averages
One sale is one barn on one day. The state ladder is every Montana auction USDA reported that week, weighted by head — the fairer test of whether a lot sold well.