Sale reports / Montana / Billings Livestock Commission / 2022-02-03

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Feb 3
● Final80 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
2,236 head
1,499 vs last sale 737 2,503 vs year ago 4,739 · 52.8%
Slaughter Cattle receipts
390 head
119 vs last sale 509 132 vs year ago 522 · 25.3%
Replacement Cattle receipts
135 head
26 vs last sale 161 78 vs year ago 213 · 36.6%
Also sold here(Mon)Thu Apr 16, 2026
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Reporter comment USDA

As filed

Compared to last week: All feeder cattle were too lightly tested last week to develop an accurate market trend, higher undertones were noticed on both steers and heifers. Quality this week was mixed from plain to attractive. Calves were offered in mostly moderate size packages. A few light load lots were on offer as well and these were met with very good demand. Most calves were backgrounded and long weaned. A few bigger calves were starting to show some flesh, however quality on calves over 700 lbs was very attractive and buyers showed good demand as a result. CME positions were higher most of the week and buyers showed good demand for all feeders on offer. A large crowd was on hand for todays sale and both order buyers and ranchers were actively bidding on offerings. The best demand was for cattle suitable to develop into yearlings. Buyers purchased steers up to 660 lbs and heifers up to 625 lbs to run on grass. Weigh up cows sold on mostly good to very good demand for light to moderate offerings. Packer buyers showed very good demand for slaughter cows this week. Packers pushed to own the majority of the cows in the offering as they pushed cow prices sharply higher again this week. Slaughter cows sold sharply higher with most sales 6.00-9.00 higher on all classes. Slaughter bulls sold sharply higher, with most sales 13.00-17.00 higher. Young age cows suitable to feed or rebreed sold generally steady. Quality this week was mostly average and better than last week. Demand for young age cows was mostly moderate.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $178.85/cwt on 901 head.
Average price
$178.85
901 head · 652 lb average
Value per head Derived
$1,166
Price × average weight ÷ 100
Grade differential Derived
−$199
per head · Medium 1 over Medium and Large 1-2
$41.32/cwt at this weight
vs the market
4.06
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1407210.9685813thin
Medium and Large 1666180.131,200738
Medium 1-2303170.005158thin
Large 1620169.821,05481
Medium and Large 1-2623169.641,05861
One grade step is worth $41.32/cwt here — about −$199 a head. Across this sale the premium is widest at 0–100 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 0–100 lb

Same class and week · spot auction only
This sale901 hd
178.85
MT average2 barns · 1,655 hd
182.91
−4.06
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
BullsAverage1,76197.111,71035
CowsBoner 80-85%Low1,36371.64977135
CowsLean 85-90%Low1,14465.69752109

Every lot, as filed

80 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 1467210.78/cwt210.50–211.0098440
HeifersMedium and Large 1627161.00/cwt157.00–162.251,009127
HeifersMedium and Large 1526179.00/cwt173.00–186.50942126
HeifersMedium and Large 1456182.00/cwt182.00–182.008304
HeifersLarge 1537160.00/cwt160.00–160.0085910
SteersMedium and Large 1-2464198.00/cwt198.00–198.009194
SteersMedium and Large 1-2674160.01/cwt155.00–168.001,07827
HeifersMedium and Large 1Unweaned413182.00/cwt182.00–182.007528
HeifersLarge 1702136.00/cwt136.00–136.009552
HeifersMedium and Large 1726145.50/cwt145.50–145.501,05653
HeifersLarge 1581152.00/cwt152.00–152.008835
SteersMedium and Large 1771155.87/cwt150.00–158.001,20231
SteersMedium and Large 1567193.40/cwt185.00–199.001,097131
SteersMedium and Large 1881158.06/cwt149.00–159.001,393123
SteersMedium and Large 1Fleshy649165.50/cwt165.50–165.501,0745
SteersMedium and Large 1Fleshy684168.00/cwt168.00–168.001,14913
SteersMedium and Large 1Fleshy887143.50/cwt143.50–143.501,27319
SteersMedium and Large 1619180.67/cwt176.00–186.001,118113
SteersMedium and Large 1979144.08/cwt143.00–144.501,41118
SteersMedium and Large 1-2528188.33/cwt183.00–190.009948
SteersMedium and Large 1410214.29/cwt212.50–216.0087910
SteersMedium 1396212.00/cwt212.00–212.0084010
SteersMedium 1-2303170.00/cwt170.00–170.005158
SteersMedium and Large 1674179.16/cwt177.00–180.001,20894
SteersLarge 1512193.00/cwt193.00–193.0098825
SteersLarge 1620163.19/cwt163.00–166.001,01245
SteersMedium and Large 1-2564180.00/cwt180.00–180.001,01515
SteersMedium and Large 1-2715147.00/cwt147.00–147.001,0513
SteersMedium and Large 1-2786147.00/cwt147.00–147.001,1554
SteersLarge 11,014136.00/cwt136.00–136.001,3794
SteersMedium 1443207.50/cwt207.50–207.509193
SteersMedium and Large 1Unweaned569188.00/cwt188.00–188.001,0704
SteersMedium and Large 1713162.95/cwt162.50–164.001,16240
SteersMedium and Large 1530205.11/cwt192.00–208.001,08797
BullsMedium and Large 1751144.00/cwt144.00–144.001,0819
BullsMedium and Large 1568176.00/cwt176.00–176.001,0006
BullsMedium and Large 1688145.00/cwt145.00–145.009985
BullsMedium and Large 1533168.00/cwt168.00–168.008953
BullsMedium and Large 1435193.92/cwt190.00–195.0084414
BullsMedium and Large 1635151.00/cwt151.00–151.009591
CowsBoner 80-85%1,39065.00/cwt65.00–65.009042
CowsBoner 80-85%Return to Feed1,42778.65/cwt78.00–79.001,1223
CowsLean 85-90%Light Weight94359.63/cwt55.00–62.005628
CowsLean 85-90%Return to Feed1,16570.50/cwt70.50–70.5082110
CowsLean 85-90%1,18969.10/cwt66.00–73.0082242
Bulls1,947101.19/cwt98.00–105.001,97017
Bulls1,57891.43/cwt83.50–94.001,44311
CowsBoner 80-85%1,47877.71/cwt77.00–78.501,1492
CowsBoner 80-85%1,35871.84/cwt68.00–76.5097699
CowsLean 85-90%1,10961.37/cwt58.00–66.0068142
Bulls2,028107.00/cwt107.00–107.002,1702
CowsLean 85-90%1,30054.00/cwt54.00–54.007021
CowsLean 85-90%1,28874.00/cwt74.00–74.009536
CowsBoner 80-85%Return to Feed1,36470.29/cwt69.00–75.0095929
Bulls1,46695.50/cwt95.50–95.501,4004
BullsLight Weight1,27077.00/cwt77.00–77.009781
Bred CowsMedium and Large 11,3151,225.00/cwt1,225.00–1,225.0016,1093
Stock CowsMedium and Large 1-21,02075.00/cwt75.00–75.007651
Stock CowsMedium and Large 191590.44/cwt73.00–110.0082858
Stock CowsMedium and Large 11,08577.86/cwt71.00–83.0084512
Stock CowsMedium and Large 1Thin Fleshed76080.00/cwt80.00–80.006081
HeifersMedium and Large 1658157.54/cwt149.50–161.501,03730
HeifersMedium and Large 1439183.93/cwt183.00–188.0080742
HeifersMedium and Large 1-2505168.73/cwt167.00–170.008527
HeifersMedium and Large 1-2780135.00/cwt135.00–135.001,0534
HeifersLarge 1461165.00/cwt165.00–165.0076130
HeifersMedium 1-2322160.00/cwt160.00–160.0051510
HeifersMedium 1403152.39/cwt150.00–156.0061410
HeifersMedium and Large 1577170.85/cwt161.50–176.00986179
HeifersMedium and Large 1-2624153.00/cwt153.00–153.0095520
HeifersMedium and Large 1-2367169.74/cwt167.50–175.0062310
HeifersMedium and Large 1898134.82/cwt134.00–135.001,21111
HeifersMedium 1-2517141.00/cwt141.00–141.0072914
HeifersMedium and Large 1Unweaned621157.96/cwt152.00–158.5098148
HeifersMedium and Large 1Unweaned516173.12/cwt172.00–173.5089336
HeifersMedium and Large 1386186.27/cwt180.00–187.0071928
HeifersMedium and Large 1-2432178.10/cwt175.00–179.007699
HeifersMedium and Large 1-2313172.00/cwt172.00–172.005383
HeifersMedium and Large 1-2479167.34/cwt167.00–168.008029
SteersLarge 1786149.00/cwt149.00–149.001,1717

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.