Sale reports / Montana / Billings Livestock Commission / 2022-07-21

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Jul 21
● Final61 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
590 head
354 vs last sale 236 1,864 vs year ago 2,454 · 76.0%
Slaughter Cattle receipts
359 head
167 vs last sale 526 633 vs year ago 992 · 63.8%
Replacement Cattle receipts
45 head
313 vs last sale 358 864 vs year ago 909 · 95.0%
Also sold here(Mon)Thu Apr 16, 2026
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers and heifers were all too lightly tested last week to develop an accurate market trend, however higher to sharply higher undertones were noticed. Quality was mostly plain to average this week. Most offerings were sold in small packages. Todays sale featured feeder cattle and a good crowd was on hand bidding on offerings. Several farmer feeders were in the stands as well as several bidders on the internet, both parties showed good to very good demand for offerings. Market activity was mostly active. Weigh up cows sold on mostly moderate demand for light to moderate offerings. Packers showed slightly lighter demand for slaughter cows this week. The cutter cow cutout has lost value over the last week or two as the drought in the southern Plaines continues to worsen. This has put pressure on the lean meat as unseasonably high supplies are being harvested. The cutter cow cutout closed at 214.30 as of today, 4.55 lower than yesterday. Slaughter cows sold mostly steady to 3.00 lower on all classes. Boning cows sold with the best demand as feeding cow buyers were the most competitive for this class of cows. Feeding cows sold mostly steady to 2.00 lower. Slaughter bulls sold mostly 2.00-5.00 lower. Young age cows suitable to feed or rebreed sold on mostly moderate demand. Quality this week was plain to average. Offerings were too lightly tested to develop an accurate market trend, steady undertones were noticed.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $159.47/cwt on 302 head.
Average price
$159.47
302 head · 711 lb average
Value per head Derived
$1,134
Price × average weight ÷ 100
Grade differential Derived
$498
per head · Medium and Large 1 over Small and Medium 2
$25.86/cwt at this weight
vs the market
+0.00
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1748167.861,256164
Medium 2483156.0075316thin
Medium and Large 1-2759154.811,17541
Medium 1606151.8091920
Large 11,092144.001,57210thin
Medium 1-2601143.6186344
Small and Medium 2534142.007587thin
One grade step is worth $25.86/cwt here — about $498 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 sale302 hd
159.47
MT average1 barns · 302 hd
159.47
+0.00
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
BullsLow1,706103.371,76457
CowsBoner 80-85%Average1,41081.751,152204
CowsBreaker 75-80%Average1,69380.731,36722
CowsLean 85-90%Low1,19674.7389432

Every lot, as filed

61 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
HeifersMedium and Large 1811158.38/cwt156.00–160.001,28410
SteersMedium and Large 1905161.43/cwt161.00–163.001,46114
HeifersMedium and Large 1-2643151.00/cwt151.00–151.009717
HeifersMedium and Large 1Unweaned383180.00/cwt180.00–180.006892
HeifersMedium and Large 1-2814154.00/cwt154.00–154.001,25414
HeifersMedium 1-2608143.00/cwt143.00–143.0086938
HeifersMedium 1596153.43/cwt153.00–154.0091414
SteersMedium 1-2698169.00/cwt169.00–169.001,1807
SteersMedium and Large 2820157.00/cwt157.00–157.001,2875
SteersMedium and Large 2890152.00/cwt152.00–152.001,3531
SteersMedium and Large 1555192.00/cwt192.00–192.001,0667
SteersMedium and Large 1-2993144.00/cwt144.00–144.001,4302
SteersMedium and Large 1891183.20/cwt182.00–185.001,6325
SteersMedium and Large 1-2788172.61/cwt170.00–173.001,36022
SteersMedium and Large 1-2939149.00/cwt149.00–149.001,3993
SteersMedium and Large 1-2832174.63/cwt165.00–177.001,45311
SteersMedium and Large 1-2610171.00/cwt171.00–171.001,0436
SteersMedium and Large 1611186.00/cwt186.00–186.001,1367
SteersMedium and Large 1773179.00/cwt179.00–179.001,3844
SteersMedium and Large 1666183.00/cwt183.00–183.001,21910
SteersMedium and Large 1-2683171.00/cwt171.00–171.001,1682
SteersMedium and Large 1-2885163.00/cwt163.00–163.001,4431
SteersMedium and Large 1833184.66/cwt180.00–186.001,5389
SteersMedium and Large 1-2714177.14/cwt174.00–179.001,26511
HeifersMedium 2483156.00/cwt156.00–156.0075316
HeifersLarge 1Fancy1,092144.00/cwt144.00–144.001,57210
BullsMedium and Large 1-2937145.00/cwt145.00–145.001,3593
BullsLarge 11,133120.00/cwt120.00–120.001,3602
BullsMedium and Large 1Unweaned408185.00/cwt185.00–185.007552
BullsLarge 11,046148.45/cwt148.00–152.501,55310
CowsLean 85-90%Light Weight94565.00/cwt65.00–65.006141
CowsBreaker 75-80%Return to Feed1,60585.00/cwt85.00–85.001,3641
CowsBoner 80-85%Return to Feed1,38180.62/cwt78.00–85.501,11356
CowsBoner 80-85%Return to Feed1,45676.99/cwt75.00–79.501,1214
CowsLean 85-90%Return to Feed1,21584.75/cwt84.50–85.001,0302
Bulls1,61189.89/cwt85.00–93.001,4487
CowsLean 85-90%1,12268.78/cwt64.00–73.0077210
CowsLean 85-90%1,24677.32/cwt76.75–82.0096319
CowsBreaker 75-80%1,68477.09/cwt73.00–81.501,29812
CowsBreaker 75-80%1,71886.96/cwt86.50–87.501,4943
CowsBreaker 75-80%1,71484.19/cwt83.00–86.501,4436
CowsBoner 80-85%1,35375.47/cwt70.00–77.501,0219
CowsBoner 80-85%1,53989.06/cwt86.50–89.501,37112
Bulls2,063107.88/cwt106.50–112.002,22616
CowsBoner 80-85%1,41282.11/cwt80.00–84.501,159121
CowsBoner 80-85%Return to Feed1,44385.75/cwt85.50–86.001,2372
Bulls1,768101.34/cwt97.00–106.001,79218
BullsReturn to Feed1,41592.00/cwt92.00–92.001,3021
BullsReturn to Feed1,316108.05/cwt95.00–113.001,42215
Stock CowsMedium and Large 11,09992.34/cwt89.50–100.001,0158
Stock CowsMedium and Large 11,030109.12/cwt101.00–121.001,12422
HeifersMedium and Large 1-2661160.50/cwt153.00–165.001,0618
HeifersMedium 1-2558147.50/cwt147.50–147.508236
HeifersMedium and Large 1712169.50/cwt169.50–169.501,20785
HeifersMedium and Large 1780165.25/cwt163.00–169.001,28921
HeifersMedium and Large 1Fancy893167.00/cwt167.00–167.001,49129
HeifersMedium 1628148.00/cwt148.00–148.009296
HeifersMedium and Large 1650168.50/cwt168.50–168.501,09517
HeifersSmall and Medium 2534142.00/cwt142.00–142.007587
HeifersMedium and Large 1-2874152.16/cwt150.00–153.001,3307
HeifersMedium and Large 1-2763157.00/cwt157.00–157.001,1985

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.