Sale reports / Montana / Billings Livestock Commission / 2026-10-15

Billings Livestock Commission

Feeder Cattle · Billings, Montana · Thu, Oct 15
● Final79 lots reportedUSDA AMS · slug 1777
Receipts
4,224 head
▲ 1,641 vs last sale 2,583▼ 371 vs year ago 4,595 · −8.1%
Also sold here(Mon)Mon Oct 26, 2026
View

Reporter comment USDA

As filed

Compared to last sale (10-08-26): Yearling cattle were too lightly tested to develop any market trend. Steer calves under 400 lbs were too lightly tested last week to develop an accurate market trend, however higher to sharply higher undertones were noticed on a higher quality offering. Steer calves 400-549 lbs sold mostly 10.00 higher, 550 lbs steers and heavier sold generally steady. Heifer calves under 450 lbs were too lightly tested last week to develop an accurate market trend, however higher undertones were noticed. 450-499 lbs heifer calves sold 10.00-20.00 higher, 500-649 lbs higher sold mostly 5.00-10.00 higher, heifers over 650 lbs were too lightly tested to develop any market trend. Calves were offered in mostly moderate size packages this week with a few light load lots seen. Quality this week was mixed but mostly average to attractive. Some calves showed signs of stress after an early week rain and snow storm. Many cutback calves continue to be seen off summer video sales. A wide variety of quality and breed types were seen again this sale. Demand for light weight calves did diminish as buyers filled loads leading to wide price on light weight offerings. Market activity was mostly active with a larger buyer pool noticed. Billings livestock commission will not sale cows or bulls again this fall on Thursdays. Cows will be sold on Mondays during the fall run.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $437.54/cwt on 870 head, up $7.22 from the prior sale. That ranks 11 of 22 comparable sales and sits −5.41 against this barn's trailing median of $442.94.
Average price
$437.54
▲ 7.22 vs prior sale
870 head · 546 lb average
Value per head Derived
$2,388
Price × average weight ÷ 100
Grade differential Derived
$194
per head · Medium and Large 1 over Medium 1
$49.26/cwt at this weight
vs the market
+4.92
vs MT average
+5.25 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1546445.512,432624
Large 1537426.002,28899
Medium and Large 1-2549413.572,271129
Medium 1565396.252,23818thin
One grade step is worth $49.26/cwt here — about $194 a head. Across this sale the premium is widest at 300–400 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 sale870 hd
437.54
—
MT average4 barns · 1,930 hd
432.62
+4.92
National average190 barns · 30,929 hd
432.29
+5.25
This barn, trailing median22 sales
442.94
−5.41
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

22 sales
540488436384median 442.9403/0504/3006/1109/2410/29
Steers 500–600 lb: high $525.97, low $398.08, median $442.94 across 22 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

Every lot, as filed

79 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. Grouped by class and set lightest first; USDA files them in sale-ring order.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers43 lots · lightest first
Steers200–250Medium and Large 1-2Unweaned242646.00/cwt645.00–655.001,56320
Steers250–300Medium and Large 1Unweaned270685.70/cwt650.00–690.001,85119
Steers250–300Medium and Large 1-2Unweaned288600.00/cwt600.00–600.001,7282
Steers250–300Medium and Large 2Unweaned289555.00/cwt555.00–555.001,6045
Steers300–350Medium 2Unweaned334385.00/cwt385.00–385.001,2864
Steers300–350Medium and Large 1Unweaned339615.00/cwt615.00–615.002,0856
Steers300–350Medium and Large 1-2Unweaned347591.75/cwt580.00–595.002,0539
Steers350–400Medium 2Unweaned359367.28/cwt350.00–400.001,31920
Steers350–400Medium and Large 1Unweaned367594.78/cwt540.00–640.002,183104
Steers350–400Medium and Large 1-2Unweaned379538.14/cwt525.00–555.002,04011
Steers350–400Medium and Large 2Unweaned386462.50/cwt462.50–462.501,78530
Steers400–450Medium and Large 2Unweaned421443.22/cwt427.50–445.001,866115
Steers400–450Large 1Unweaned422492.50/cwt492.50–492.502,07810
Steers400–450Medium and Large 1-2Unweaned428491.92/cwt450.00–520.002,10550
Steers400–450Medium and Large 1Unweaned431530.81/cwt512.50–562.502,288178
Steers400–450Medium 1Unweaned447462.50/cwt462.50–462.502,0676
Steers450–500Large 1Unweaned455490.00/cwt490.00–490.002,2304
Steers450–500Medium and Large 1462500.00/cwt500.00–500.002,31025
Steers450–500Medium and Large 1Unweaned475491.61/cwt475.00–522.502,335190
Steers450–500Medium and Large 1-2Unweaned484460.69/cwt450.00–470.002,23037
Steers500–550Medium 1Unweaned507427.50/cwt427.50–427.502,1675
Steers500–550Medium and Large 1Unweaned524463.51/cwt437.00–490.002,429334
Steers500–550Medium and Large 1-2Unweaned536422.86/cwt405.00–440.002,26783
Steers500–550Large 1Unweaned537426.00/cwt426.00–426.002,28899
Steers550–600Medium and Large 1553436.00/cwt436.00–436.002,41178
Steers550–600Medium and Large 1-2Unweaned573396.82/cwt385.00–401.002,27446
Steers550–600Medium and Large 1Unweaned578420.66/cwt401.00–440.002,431212
Steers550–600Medium 1Unweaned587384.23/cwt382.50–390.002,25513
Steers600–650Medium and Large 1Unweaned626400.63/cwt384.00–412.002,508400
Steers600–650Medium and Large 1-2Unweaned630375.99/cwt355.00–392.002,36973
Steers600–650Medium 1Unweaned638367.00/cwt367.00–367.002,3413
Steers650–700Medium and Large 1Full671365.00/cwt365.00–365.002,44917
Steers650–700Medium and Large 1Unweaned672381.60/cwt371.00–391.002,56481
Steers650–700Medium and Large 1-2Unweaned674363.65/cwt355.00–369.002,4519
Steers700–750Large 1Unweaned723345.00/cwt345.00–345.002,4942
Steers700–750Medium and Large 1Full727353.00/cwt353.00–353.002,5667
Steers700–750Medium and Large 1Unweaned730362.74/cwt358.00–366.002,64819
Steers700–750Medium and Large 1-2Unweaned730355.00/cwt355.00–355.002,5928
Steers700–750Medium and Large 1-2738360.00/cwt360.00–360.002,6572
Steers750–800Medium and Large 1Unweaned767365.00/cwt365.00–365.002,8003
Steers750–800Medium 1779337.50/cwt337.50–337.502,6294
Steers800–850Medium and Large 1Fleshy814331.00/cwt331.00–331.002,69411
Steers850–900Medium and Large 1-2879326.72/cwt324.00–330.002,87212
Feeder Cattle · Heifers32 lots · lightest first
Heifers150–200Medium and Large 1-2Unweaned164500.00/cwt500.00–500.008208
Heifers200–250Medium and Large 1-2Unweaned227605.00/cwt605.00–605.001,37318
Heifers250–300Medium and Large 1-2Unweaned286509.23/cwt500.00–525.001,45617
Heifers250–300Medium and Large 1Unweaned290640.00/cwt640.00–640.001,8561
Heifers300–350Medium and Large 2Unweaned320435.00/cwt435.00–435.001,39215
Heifers300–350Medium and Large 1Unweaned327530.98/cwt525.00–535.001,73612
Heifers300–350Medium and Large 1-2Unweaned327485.85/cwt480.00–500.001,5897
Heifers350–400Medium and Large 1Unweaned369497.57/cwt485.00–530.001,83692
Heifers350–400Medium and Large 1-2Unweaned386472.78/cwt455.00–479.001,82538
Heifers350–400Medium 2Unweaned386360.00/cwt360.00–360.001,3904
Heifers350–400Medium and Large 2Unweaned387403.81/cwt400.00–416.001,563148
Heifers400–450Large 1Unweaned403470.00/cwt470.00–470.001,8944
Heifers400–450Medium and Large 1Unweaned420481.72/cwt452.50–493.002,02390
Heifers400–450Medium and Large 1-2Unweaned433441.67/cwt425.00–460.001,91219
Heifers450–500Medium and Large 1Unweaned472438.20/cwt420.00–457.502,068256
Heifers450–500Medium and Large 1-2Unweaned478402.50/cwt402.50–402.501,9244
Heifers500–550Medium and Large 1Fancy500435.00/cwt435.00–435.002,17526
Heifers500–550Large 1Unweaned509400.00/cwt400.00–400.002,0364
Heifers500–550Medium 1Unweaned521380.00/cwt380.00–380.001,9806
Heifers500–550Medium and Large 1Unweaned527403.72/cwt385.00–428.002,128152
Heifers500–550Medium and Large 1-2Unweaned545370.16/cwt369.00–377.502,01714
Heifers550–600Medium and Large 1Fancy556401.00/cwt401.00–401.002,23023
Heifers550–600Medium and Large 1Unweaned576385.30/cwt372.00–391.502,219153
Heifers550–600Medium and Large 1-2Unweaned590364.12/cwt355.00–370.002,14810
Heifers600–650Medium and Large 1Unweaned613369.74/cwt366.00–380.002,26753
Heifers600–650Medium 1Full641300.00/cwt300.00–300.001,9235
Heifers650–700Medium and Large 1Unweaned659346.38/cwt345.00–352.002,28315
Heifers650–700Medium 1-2699340.00/cwt340.00–340.002,37711
Heifers850–900Medium and Large 1-2858305.00/cwt305.00–305.002,6172
Heifers1000–1050Medium and Large 1-21,025276.00/cwt276.00–276.002,8292
Heifers1000–1050Medium and Large 11,035283.11/cwt280.50–285.002,93012
Heifers1050–1100Large 11,091278.71/cwt277.00–280.003,0417
Feeder Cattle · Bulls4 lots · lightest first
Bulls300–350Medium and Large 1Unweaned335620.00/cwt620.00–620.002,0771
Bulls500–550Medium and Large 1Unweaned527416.00/cwt416.00–416.002,1923
Bulls650–700Medium and Large 1Unweaned667368.00/cwt368.00–368.002,45524
Bulls1150–1200Large 1-21,160225.00/cwt225.00–225.002,6101

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.