Sale reports / Montana / Billings Livestock Commission / 2026-05-07

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, May 7
● Final108 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
588 head
1,647 vs last sale 2,235 133 vs year ago 455 · +29.2%
Slaughter Cattle receipts
517 head
379 vs last sale 138 132 vs year ago 385 · +34.3%
Replacement Cattle receipts
569 head
381 vs last sale 188 236 vs year ago 333 · +70.9%
Also sold here(Mon)Thu Apr 16, 2026
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Reporter comment USDA

As filed

Compared to last sale (4-30-26): Feeder cattle were all too lightly tested to develop any market trend. Quality this week was mostly plain to average. Demand was moderate to good for light offerings. Quality limited demand today as many ranchers and backgrounders cleaned up pens and pastures. Many lame and blemished offerings were seen this sale. Most feeders were offered in small groups or as singles with no load lots seen. Buyers pick around to try and fill loads for the week. Demand did diminish as buyers filled loads and exited the market. A small crowd was on hand for todays sale. Market activity was mostly moderate. Weigh up cows sold on good to very good demand. Demand for feeding cows remains very good. Canadian buyers continue to buy high quality cows to ship north and feed. American packers tried to fill feeding loads for the week but showed no desire to push offerings higher. Quality this week was average to very attractive with many reputation ranches offering cows this week. Feeding cows sold generally steady in a narrow comparison. Slaughter cows sold steady to weak as packers showed slightly lighter demand for cows too lame or blemished to feed. Slaughter bulls were too lightly tested last week to develop an accurate market trend, however steady undertones were noticed. Demand for feeding bulls was very good this sale. Feeding bulls were too lightly tested last week to develop an accurate market trend, however higher undertones were noticed. Young age offerings suitable to feed or rebreed comprised a large portion of the cow offering this week. Buyers continue to be willing to take up to middle age cows to turn out and rebreed. Young cow offerings sold with higher undertones on a higher quality offering. Quality this week was mostly average to very attractive and overall more attractive than last week.

Weight class

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $448.67/cwt on 64 head, down $20.68 from the prior sale. That ranks 17 of 21 comparable sales and sits +14.81 against this barn's trailing median of $433.86.
Average price
$448.67
20.68 vs prior sale
64 head · 548 lb average
Value per head Derived
$2,460
Price × average weight ÷ 100
Grade differential Derived
$359
per head · Medium and Large 1 over Large 1-2
$80.96/cwt at this weight
vs the market
+0.79
vs MT average
+20.77 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1544465.962,53538
Medium and Large 1-2558427.332,38621
Medium and Large 2533412.382,1984thin
Large 1-2565385.002,1751thin
One grade step is worth $80.96/cwt here — about $359 a head. Across this sale the premium is widest at 500–600 lb. USDA reports each grade on its own line and never publishes the spread.

This barn's trailing prices 500–600 lb

21 sales
483428373319median 433.8612/1802/0504/0905/2108/13
Heifers 500–600 lb: high $469.35, low $332.50, median $433.86 across 21 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

How it compared 500–600 lb

Same class and week · spot auction only
This sale64 hd
448.67
MT average2 barns · 66 hd
447.88
+0.79
National average182 barns · 12,459 hd
427.90
+20.77
This barn, trailing median21 sales
433.86
+14.81
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

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
BullsAverage1,842216.343,98564
CowsBoner 80-85%Low1,360184.892,515198
CowsLean 85-90%Average1,173181.162,125183
CowsBreaker 75-80%High1,629173.072,82038

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 Cows3rd Stage (7-9 mo)Young (2-4 yrs)1,173$4,01210
Bred Cows3rd Stage (7-9 mo)Aged (>8 yrs)1,465$3,4366
Bred Cows2nd/3rd Stage (4-9 mo)Young (2-4 yrs)1,265$3,3501thin
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)968$3,3002thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged/Aged (>5 yrs)1,513$3,2502thin
Bred Heifers3rd Stage (7-9 mo)(<2 yrs)1,150$3,8567

Every lot, as filed

108 lots · USDA AMS · Billings Livestock Commission Cattle Auction - Billings, MT (Thu)
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
SteersMedium and Large 1Fleshy900–950913341.00/cwt341.00–341.003,1136
SteersLarge 1-2Fleshy1100–11501,127278.00/cwt278.00–278.003,13311
SteersMedium and Large 2Fleshy850–900885330.00/cwt330.00–330.002,9213
SteersMedium and Large 2Unweaned500–550523450.00/cwt450.00–450.002,3543
SteersMedium and Large 2700–750717378.07/cwt367.50–385.002,7115
HeifersMedium and Large 1-2600–650625380.65/cwt375.00–382.502,3794
HeifersMedium and Large 1-2700–750740358.00/cwt358.00–358.002,6493
HeifersLarge 1600–650635377.50/cwt377.50–377.502,3973
HeifersMedium and Large 1650–700689386.00/cwt386.00–386.002,6605
HeifersLarge 1-2550–600565385.00/cwt385.00–385.002,1751
HeifersMedium 1400–450431502.50/cwt502.50–502.502,16611
HeifersMedium and Large 1-2550–600585417.50/cwt417.50–417.502,44212
HeifersMedium and Large 1-2750–800783350.00/cwt350.00–350.002,7413
HeifersMedium and Large 1500–550534473.01/cwt460.00–480.002,52624
HeifersMedium and Large 1550–600561453.87/cwt440.00–455.002,54614
HeifersMedium and Large 1750–800758358.17/cwt354.00–359.002,71512
HeifersMedium and Large 1800–850837341.50/cwt341.50–341.502,85812
HeifersMedium and Large 2800–850847312.00/cwt312.00–312.002,6435
HeifersMedium and Large 1-2400–450445510.02/cwt505.00–513.002,2708
HeifersMedium and Large 1-2500–550523440.44/cwt439.00–441.002,3049
HeifersMedium and Large 1-2350–400365525.00/cwt525.00–525.001,9161
HeifersMedium and Large 2600–650630347.50/cwt347.50–347.502,1891
HeifersMedium and Large 1-2650–700682363.75/cwt340.00–381.002,4819
BullsMedium and Large 1-2800–850839345.31/cwt340.00–347.002,8974
HeifersMedium and Large 1Fleshy850–900891317.00/cwt317.00–317.002,8248
HeifersMedium and Large 1600–650634412.36/cwt411.00–415.002,6143
HeifersMedium and Large 2500–550533412.38/cwt405.00–430.002,1984
SteersMedium and Large 1Fleshy550–600587474.00/cwt474.00–474.002,7823
SteersMedium and Large 1-2550–600579455.00/cwt455.00–455.002,6345
SteersMedium and Large 2600–650629403.26/cwt400.00–415.002,5379
SteersMedium and Large 2500–550537449.87/cwt447.50–460.002,4165
SteersMedium and Large 2750–800763360.00/cwt360.00–360.002,7472
SteersMedium 1500–550508495.00/cwt495.00–495.002,5152
SteersMedium and Large 1750–800762386.99/cwt385.00–391.002,9493
SteersMedium and Large 1-2350–400379601.22/cwt600.00–605.002,2794
SteersMedium and Large 1-2700–750712393.36/cwt392.50–395.002,8013
SteersMedium and Large 1-2500–550522499.61/cwt490.00–516.002,60831
SteersMedium and Large 1-2650–700662400.09/cwt372.50–427.002,6497
SteersMedium and Large 1400–450406610.00/cwt610.00–610.002,4774
SteersMedium and Large 1-2600–650619440.00/cwt440.00–440.002,7245
SteersMedium and Large 1-2Unweaned250–300290600.00/cwt600.00–600.001,7402
SteersMedium and Large 1Unweaned500–550508532.50/cwt532.50–532.502,70522
SteersMedium and Large 1Unweaned400–450419585.00/cwt585.00–585.002,4517
SteersMedium and Large 1450–500468577.50/cwt577.50–577.502,7035
SteersMedium and Large 1700–750713410.00/cwt410.00–410.002,9233
SteersMedium and Large 1900–950909351.00/cwt351.00–351.003,19110
SteersMedium and Large 1650–700654435.75/cwt435.00–437.002,8508
SteersMedium and Large 1-2Unweaned400–450422566.56/cwt560.00–570.002,3913
BullsMedium and Large 1-2700–750715361.70/cwt355.00–370.002,5866
BullsLarge 11050–11001,072290.63/cwt285.00–295.003,1166
BullsMedium and Large 1550–600588457.50/cwt457.50–457.502,6904
BullsLarge 11000–10501,017304.54/cwt301.00–306.003,0977
BullsMedium and Large 1900–950922327.00/cwt327.00–327.003,01514
BullsLarge 11200–12501,240230.00/cwt230.00–230.002,8522
CowsLean 85-90%Return to Feed1,102181.88/cwt175.00–186.002,00432
CowsLean 85-90%Return to Feed1,103165.34/cwt150.00–173.001,82426
CowsLean 85-90%Return to Feed1,222191.37/cwt186.00–196.002,339110
CowsBreaker 75-80%Return to Feed1,575187.53/cwt186.00–192.502,95411
CowsBreaker 75-80%Return to Feed1,638179.78/cwt176.00–184.002,9454
CowsBreaker 75-80%Return to Feed1,559166.97/cwt165.00–171.002,6034
CowsBoner 80-85%1,378145.10/cwt142.50–147.501,9992
CowsLean 85-90%1,063114.92/cwt110.00–120.001,2224
CowsLean 85-90%1,126132.35/cwt127.50–142.501,4906
CowsLean 85-90%1,155152.69/cwt147.50–157.501,7643
CowsBreaker 75-80%1,657161.91/cwt153.00–164.002,6839
CowsBreaker 75-80%1,689166.98/cwt165.50–171.002,82010
CowsBoner 80-85%1,383161.36/cwt159.00–164.002,2328
CowsLean 85-90%Light Weight975115.00/cwt115.00–115.001,1211
CowsLean 85-90%Light Weight890155.00/cwt155.00–155.001,3801
CowsBoner 80-85%Return to Feed1,398168.10/cwt154.00–175.002,35018
CowsBoner 80-85%Return to Feed1,389183.16/cwt176.00–187.002,54451
CowsBoner 80-85%Return to Feed1,340190.42/cwt188.00–194.002,552119
Bulls2,210218.00/cwt218.00–218.004,8181
Bulls1,644197.59/cwt191.00–206.003,2484
Bulls1,980224.99/cwt222.00–231.004,45510
Bulls2,064216.98/cwt209.00–220.004,47814
BullsReturn to Feed1,845209.60/cwt205.00–212.003,8676
BullsReturn to Feed1,701216.98/cwt212.00–219.003,69129
Stock CowsLarge 11,500188.00/cwt188.00–188.002,8201
Stock CowsMedium 1-2Thin Fleshed883215.00/cwt215.00–215.001,8982
Stock CowsMedium and Large 1-2Thin Fleshed953249.03/cwt196.00–275.002,3733
Stock CowsMedium and Large 1Fleshy1,058255.76/cwt237.50–275.002,7062
Bred HeifersMedium and Large 1-21,0953,800.00/head3,800.00–3,800.003,8005
Bred HeifersMedium and Large 11,2883,996.31/head3,900.00–4,100.003,9962
Stock CowsMedium and Large 11,002319.75/cwt227.50–373.003,204188
Stock CowsMedium 1-2853260.00/cwt260.00–260.002,2182
Stock CowsMedium 1-2717277.50/cwt260.00–285.001,9903
Stock CowsMedium and Large 1-21,052213.37/cwt195.00–282.502,24527
Stock CowsMedium and Large 11,102268.01/cwt191.00–335.002,953142
Stock CowsMedium and Large 11,238196.00/cwt196.00–196.002,4262
Stock CowsMedium 1865332.50/cwt332.50–332.502,8764
Stock CowsLarge 11,185205.00/cwt205.00–205.002,4291
Stock CowsMedium and Large 11,190202.72/cwt190.00–262.002,41250
Stock CowsMedium and Large 1-2999274.25/cwt220.00–340.002,74016
Bred CowsMedium and Large 11,2294,139.51/head4,000.00–4,200.004,1408
Bred CowsMedium and Large 1-21,2653,350.00/head3,350.00–3,350.003,3501
Bred CowsMedium and Large 19683,300.00/head3,300.00–3,300.003,3002
Bred CowsMedium 19483,500.00/head3,500.00–3,500.003,5002
Bred CowsMedium and Large 11,5133,250.00/head3,250.00–3,250.003,2502
Bred CowsMedium and Large 1Broken Mouth1,4653,436.26/head3,400.00–3,475.003,4366
BullsMedium and Large 2700–750734347.00/cwt347.00–347.002,5476
BullsMedium and Large 1-2750–800785347.50/cwt347.50–347.502,7282
BullsLarge 1-21050–11001,090276.65/cwt275.00–280.003,0153
BullsMedium and Large 1-2550–600558450.00/cwt450.00–450.002,5118
BullsMedium and Large 1-2650–700668392.50/cwt392.50–392.502,6224
BullsMedium and Large 150–10088925.00/head925.00–925.009257
HeifersMedium and Large 1450–500467506.08/cwt505.00–512.502,36334
HeifersMedium and Large 1700–750712375.45/cwt362.00–384.002,67343

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.