Sale reports / Montana / Billings Livestock Commission / 2022-10-27

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Oct 27
● Final92 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
3,275 head
329 vs last sale 3,604 2,052 vs year ago 5,327 · 38.5%
Slaughter Cattle receipts
297 head
6 vs last sale 303 12 vs year ago 285 · +4.2%
Replacement Cattle receipts
198 head
56 vs last sale 142 13 vs year ago 185 · +7.0%
Also sold here(Mon)Thu Apr 16, 2026
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Reporter comment USDA

As filed

Compared to last week: Yearling steers and heifer were too lightly tested to develop an accurate market trend, however steady to higher undertones were noticed on steers and lower undertones were noticed on heifers on a lower quality offering. Steer calves under 500 lbs sold sharply higher, mostly 20.00-30.00 higher with instances of up to 40.00 higher. Steer calves over 500 lbs sold mostly 8.00-12.00 higher. Heifer calves under 450 lbs sold 10.00-15.00 higher, heifer calves over 450 lbs sold 5.00-10.00 higher. Demand was mostly good to very good on all offerings. The best demand was for lightweight calves suitable to develop into yearlings, with several packages of steer calves topping 300.00. Rain has fallen in the southern plains over the last two weeks and buyers were very aggressive as they pushed to fill loads of very attractive, green, light weight calves. With higher prices seen for fat cattle over the last couple weeks additional support was seen for heavier weight cattle as well. Cooperate buyers were particularly aggressive on attractive cattle of both sexes over 600 lbs. Quality this week was mostly average to very attractive. Market activity was mostly very active this week with the most buyer participation seen this fall. Weigh up cows sold on mostly light to moderate demand for moderate offerings. Slaughter cows sold steady to 2.00 lower on boning and lean cows, breaking cows were too lightly tested to develop any market trend. Feeding cows sold steady to 3.00 higher in a narrow comparison. Slaughter bulls were too lightly tested last sale to develop an accurate market trend, steady to higher undertones were noticed. Young age cows suitable to feed or rebreed sold unevenly steady. With higher prices seen on rebreed type cattle and weaker prices seen on feeding type.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $215.23/cwt on 1,497 head.
Average price
$215.23
1,497 head · 558 lb average
Value per head Derived
$1,200
Price × average weight ÷ 100
Grade differential Derived
−$2
per head · Medium 1 over Medium 1-2
$56.50/cwt at this weight
vs the market
+6.54
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1452217.5098314thin
Medium and Large 1560216.521,2131,367
Medium and Large 1-2531202.881,077106
Large 1607181.001,0993thin
Medium 1-2612161.009857thin
One grade step is worth $56.50/cwt here — about −$2 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 sale1,497 hd
215.23
MT average5 barns · 3,293 hd
208.69
+6.54
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
BullsLow1,61190.971,46529
CowsBreaker 75-80%Very Low1,62373.581,19411
CowsBoner 80-85%Average1,42471.611,02098
CowsLean 85-90%Very Low1,17752.26615133

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)Middle Aged (5-8 yrs)1,539$1,2857
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,256$1,2717
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)1,112$1,1503thin
Bred Cows2nd Stage (4-6 mo)Middle Aged/Aged (>5 yrs)1,347$1,02919

Every lot, as filed

92 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 1974151.00/cwt151.00–151.001,47110
HeifersMedium and Large 1936157.23/cwt155.00–158.501,47215
HeifersMedium and Large 1Unweaned326225.16/cwt215.00–231.0073444
HeifersMedium and Large 1Unweaned674170.00/cwt161.00–175.501,14631
SteersMedium and Large 1625195.00/cwt195.00–195.001,21923
SteersMedium and Large 1Fancy909185.00/cwt185.00–185.001,68228
HeifersMedium and Large 1Unweaned419216.25/cwt205.00–225.00906150
HeifersMedium and Large 2Unweaned432169.00/cwt169.00–169.0073015
HeifersMedium and Large 1Unweaned580178.89/cwt172.00–184.001,038130
HeifersMedium and Large 1-2Unweaned483182.88/cwt173.00–186.0088349
SteersMedium and Large 1712179.00/cwt179.00–179.001,2749
SteersMedium 1Unweaned502205.00/cwt205.00–205.001,0299
HeifersMedium and Large 1-2Unweaned370208.26/cwt204.00–211.5077112
HeifersMedium and Large 1-2Unweaned416194.70/cwt192.00–200.0081014
SteersMedium and Large 1755180.50/cwt180.50–180.501,3637
SteersMedium 1-2612161.00/cwt161.00–161.009857
SteersMedium and Large 1-2Unweaned492209.46/cwt202.00–217.001,03138
SteersMedium 1Unweaned362240.00/cwt240.00–240.008695
SteersMedium and Large 1Fancy351319.00/cwt319.00–319.001,1208
HeifersMedium and Large 1-2Unweaned342210.83/cwt207.50–212.507216
SteersMedium and Large 1-2Unweaned522198.86/cwt185.00–208.001,03828
SteersMedium and Large 1574210.00/cwt210.00–210.001,20513
SteersMedium and Large 1-2Unweaned416256.45/cwt243.00–262.501,0674
SteersMedium and Large 1-2Unweaned621170.95/cwt161.00–178.001,06210
SteersMedium and Large 1Unweaned624191.88/cwt186.00–196.001,197241
SteersMedium and Large 1-2Unweaned396267.00/cwt267.00–267.001,0577
SteersMedium and Large 1Unweaned341305.36/cwt292.50–315.001,04115
SteersMedium and Large 1Unweaned773174.00/cwt174.00–174.001,34514
SteersMedium and Large 1Unweaned423278.79/cwt265.00–289.001,179133
SteersMedium and Large 1Unweaned481236.19/cwt221.00–261.001,136210
SteersMedium and Large 1Unweaned370290.12/cwt279.00–300.001,07346
SteersMedium and Large 1Unweaned568204.36/cwt189.00–214.501,161251
SteersMedium and Large 1Unweaned722175.09/cwt170.00–179.001,26449
SteersMedium and Large 1Unweaned670183.87/cwt175.00–189.001,232114
SteersMedium and Large 1Unweaned829154.00/cwt154.00–154.001,2776
SteersMedium and Large 1-2Unweaned764154.00/cwt154.00–154.001,17711
SteersMedium and Large 1-2Unweaned320253.00/cwt253.00–253.008103
SteersMedium and Large 1-2Unweaned585184.00/cwt184.00–184.001,0765
SteersLarge 1Unweaned607181.00/cwt181.00–181.001,0993
SteersMedium and Large 1Unweaned522215.57/cwt210.00–224.001,125200
HeifersMedium and Large 1Fancy538200.00/cwt200.00–200.001,07646
BullsMedium and Large 1Unweaned430251.16/cwt229.00–254.001,0809
BullsMedium and Large 1Unweaned525192.50/cwt192.50–192.501,0115
BullsMedium and Large 1Unweaned484222.36/cwt212.50–225.001,07619
BullsMedium and Large 1Unweaned660156.50/cwt156.50–156.501,0333
BullsMedium and Large 1Unweaned613162.00/cwt162.00–162.009938
CowsBoner 80-85%Return to Feed1,42475.76/cwt69.00–77.501,07965
CowsBoner 80-85%Return to Feed1,43864.62/cwt58.00–67.0092921
CowsLean 85-90%1,13344.78/cwt41.00–48.0050748
CowsLean 85-90%Return to Feed1,26663.60/cwt63.50–65.0080513
Bulls1,75982.23/cwt72.00–90.001,44610
Bulls1,94494.25/cwt91.50–95.501,8327
CowsBreaker 75-80%1,79062.00/cwt62.00–62.001,1101
CowsBreaker 75-80%1,64169.98/cwt67.00–74.001,1485
CowsBreaker 75-80%1,56384.50/cwt84.50–84.501,3213
CowsBoner 80-85%1,40955.19/cwt54.00–58.007789
CowsLean 85-90%1,22062.50/cwt62.50–62.507631
CowsBreaker 75-80%Return to Feed1,58572.00/cwt72.00–72.001,1412
CowsLean 85-90%Light Weight89345.58/cwt44.50–50.004075
CowsLean 85-90%1,22554.91/cwt51.00–58.5067348
CowsBoner 80-85%Return to Feed1,38280.00/cwt80.00–80.001,1063
CowsLean 85-90%Return to Feed1,18258.24/cwt50.00–60.0068818
BullsReturn to Feed1,49581.00/cwt81.00–81.001,2113
BullsReturn to Feed1,225101.44/cwt101.00–102.001,2439
Bred CowsMedium and Large 11,29069.00/cwt69.00–69.0089012
Bred CowsMedium and Large 11,1121,150.00/head1,150.00–1,150.001,1503
Bred CowsMedium and Large 11,3471,028.92/head1,000.00–1,050.001,02919
Bred CowsMedium and Large 11,2561,271.03/head1,200.00–1,285.001,2717
Stock CowsMedium and Large 11,08281.80/cwt71.00–95.0088533
HeifersMedium and Large 1Unweaned627174.26/cwt166.00–177.001,09394
HeifersMedium and Large 1Unweaned386222.91/cwt217.00–230.0086096
HeifersMedium and Large 1-2Unweaned653156.00/cwt156.00–156.001,0192
HeifersMedium and Large 1-2Unweaned555166.00/cwt166.00–166.009214
HeifersMedium and Large 1786164.43/cwt164.00–164.501,29221
HeifersMedium 1665161.37/cwt160.00–162.501,0739
HeifersMedium and Large 1Unweaned522189.17/cwt180.00–195.50987168
HeifersMedium and Large 1Unweaned472195.63/cwt186.00–210.50923236
HeifersMedium and Large 1-2514165.00/cwt165.00–165.008486
HeifersMedium 1-2675153.00/cwt153.00–153.001,0333
HeifersMedium and Large 1869159.00/cwt159.00–159.001,3825
HeifersMedium and Large 1726166.00/cwt166.00–166.001,2058
HeifersLarge 1Unweaned570166.55/cwt165.00–169.0094913
HeifersMedium and Large 1-2Unweaned529170.30/cwt160.00–175.0090127
HeifersMedium and Large 1Fancy553187.00/cwt187.00–187.001,0349
HeifersLarge 11,073148.50/cwt148.50–148.501,5934
Bred CowsMedium and Large 1Broken Mouth1,46369.40/cwt67.00–71.001,01519
Bred CowsMedium and Large 11,5391,285.00/head1,285.00–1,285.001,2857
Stock CowsMedium and Large 1-21,13965.33/cwt65.00–71.0074418
Stock CowsMedium and Large 11,18668.97/cwt68.00–70.0081829
Bred CowsMedium and Large 1Thin Fleshed1,37964.00/cwt64.00–64.008835
Bred CowsMedium and Large 1Thin Fleshed1,41761.77/cwt59.00–65.008754
Stock CowsMedium and Large 1944113.01/cwt96.00–126.501,06726

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.