Sale reports / Montana / Billings Livestock Commission / 2022-11-17

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Nov 17
● Final89 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
5,604 head
2,567 vs last sale 3,037 1,352 vs year ago 4,252 · +31.8%
Slaughter Cattle receipts
280 head
101 vs last sale 179 106 vs year ago 386 · 27.5%
Replacement Cattle receipts
35 head
44 vs last sale 79 177 vs year ago 212 · 83.5%
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 any market trend. Steer calves under 450 lbs sold mostly 10.00-15.00 lower, 450-499 lbs steers sold steady to 10.00 lower, steer calves over 500 lbs sold steady to 5.00 lower. Heifer calves under 600 lbs sold steady to 5.00 higher, heifers over 600 lbs sold unevenly steady. Quality this week was mixed from plain to very attractive with lots of variance seen this week. Demand for feeders was mostly light to moderate. Cold and snowy conditions have been seen over the past week and cattle have greened up considerably. Weather was a big factor in demand for light calves today as buyers backed up calf prices due to concern over weather stress. Todays high was only 21 degrees and tonight's low is forecasted for the low single digits, the coldest of the fall. A large buyer pool was on hand for todays sale, with both farmer feeders and order buyers actively bidding on offerings. Market activity was mostly mostly active today. Weigh up cows sold on mostly light to moderate demand and light offerings. Cow quality was mostly plain to average today. Both slaughter and feeding cows were too lightly tested to develop a full market trend, however lower undertones were noticed on both classes. Packers showed mostly light demand for slaughter cows as they put most cows away on feed, either for the upcoming holidays or to feed to premium white. Slaughter bulls were too lightly tested to develop an accurate market trend, steady undertones were noticed. Young age cows were too lightly tested to develop any market trend.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $210.12/cwt on 2,646 head.
Average price
$210.12
2,646 head · 531 lb average
Value per head Derived
$1,116
Price × average weight ÷ 100
Grade differential Derived
−$213
per head · Medium 1 over Large 1
$56.75/cwt at this weight
vs the market
+1.80
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1446224.751,00216thin
Medium and Large 1542210.841,1422,127
Medium and Large 1-2487207.871,013450
Medium 1-2444205.0091040
Large 1723168.001,21513thin
One grade step is worth $56.75/cwt here — about −$213 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 sale2,646 hd
210.12
MT average5 barns · 6,171 hd
208.32
+1.80
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
BullsLow1,64480.951,3318thin
CowsBreaker 75-80%Low1,52573.881,12736
CowsBoner 80-85%Low1,42762.2488882
CowsLean 85-90%Low1,18854.21644136

Every lot, as filed

89 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 1Unweaned678165.65/cwt164.00–168.001,12357
HeifersLarge 1Unweaned521175.65/cwt175.00–176.0091518
HeifersMedium and Large 1Unweaned332229.59/cwt228.00–230.0076295
HeifersLarge 1Unweaned583161.00/cwt161.00–161.0093911
HeifersMedium 1Unweaned423196.00/cwt196.00–196.0082915
SteersMedium and Large 1676176.50/cwt176.50–176.501,19314
SteersMedium and Large 1455227.42/cwt227.00–228.001,03514
SteersMedium and Large 1605193.00/cwt193.00–193.001,1683
SteersMedium and Large 1-2413232.50/cwt232.50–232.509604
SteersMedium and Large 1-2645180.00/cwt180.00–180.001,1615
SteersMedium and Large 1-2662165.53/cwt165.00–166.001,09621
SteersMedium and Large 1Unweaned626188.95/cwt181.00–194.001,183301
SteersMedium and Large 1-2582184.00/cwt184.00–184.001,07122
SteersMedium and Large 1-2Unweaned344240.95/cwt240.00–241.0082987
SteersMedium and Large 1-2491208.80/cwt208.50–210.001,02524
SteersMedium and Large 1-2524187.50/cwt187.50–187.509834
SteersMedium and Large 1559196.06/cwt187.00–200.001,09626
SteersMedium and Large 1-2Unweaned491204.39/cwt197.50–211.001,00435
SteersMedium and Large 1-2Unweaned573183.66/cwt181.00–185.001,05227
SteersMedium and Large 1Unweaned374257.81/cwt252.00–266.0096416
SteersMedium 1Unweaned570186.00/cwt186.00–186.001,0606
SteersMedium and Large 1Unweaned417251.22/cwt240.00–256.001,048244
SteersMedium and Large 1Unweaned526204.86/cwt197.00–214.001,078222
SteersMedium 1-2Unweaned444205.00/cwt205.00–205.0091040
SteersMedium and Large 1-2Unweaned623170.79/cwt163.00–178.001,06479
SteersMedium and Large 1-2Unweaned428228.87/cwt220.00–235.0098058
SteersMedium and Large 1-2Unweaned532193.51/cwt188.00–194.501,02948
SteersMedium and Large 1Unweaned478228.37/cwt214.00–238.001,092608
SteersMedium and Large 1Unweaned723176.52/cwt170.00–183.001,276117
SteersMedium and Large 1Unweaned667186.59/cwt178.00–191.001,245141
SteersLarge 1Unweaned723168.00/cwt168.00–168.001,21513
SteersMedium and Large 1-2Unweaned389239.66/cwt230.00–246.0093217
SteersMedium and Large 1-2Unweaned274270.00/cwt270.00–270.0074016
SteersMedium and Large 1-2Unweaned217300.00/cwt300.00–300.006513
SteersMedium and Large 1Unweaned784168.48/cwt167.00–170.001,32114
SteersMedium 1Unweaned371248.00/cwt248.00–248.0092010
SteersMedium and Large 1Unweaned573195.11/cwt190.00–205.001,118371
SteersMedium and Large 1Unweaned336257.91/cwt252.50–262.5086726
HeifersMedium 1604163.50/cwt163.50–163.5098845
HeifersMedium and Large 1Fancy511196.00/cwt196.00–196.001,00238
HeifersMedium and Large 1Fancy751170.25/cwt170.25–170.251,27928
HeifersMedium and Large 1Fancy551191.00/cwt191.00–191.001,05222
BullsMedium and Large 1Unweaned535179.00/cwt179.00–179.009583
BullsMedium and Large 1Unweaned770148.00/cwt148.00–148.001,1405
CowsBoner 80-85%1,42657.36/cwt55.00–60.0081838
CowsLean 85-90%Light Weight81046.00/cwt46.00–46.003731
CowsLean 85-90%Light Weight93857.25/cwt57.00–57.505372
CowsLean 85-90%1,27961.26/cwt61.00–62.007847
CowsBoner 80-85%Return to Feed1,40771.19/cwt68.50–73.251,00222
CowsLean 85-90%Return to Feed1,21854.16/cwt50.50–59.0066043
CowsBreaker 75-80%1,70672.69/cwt69.00–74.501,2408
CowsLean 85-90%1,17554.65/cwt48.00–58.0064248
CowsBreaker 75-80%Return to Feed1,45775.00/cwt75.00–75.001,09324
CowsBoner 80-85%1,62174.00/cwt74.00–74.001,2004
CowsLean 85-90%1,04638.84/cwt37.50–42.0040613
CowsLean 85-90%Return to Feed1,25460.28/cwt59.00–63.5075622
CowsBreaker 75-80%Return to Feed1,57069.50/cwt69.50–69.501,0914
CowsBoner 80-85%Return to Feed1,40958.97/cwt53.00–63.0083118
Bulls1,66579.32/cwt74.50–88.501,3215
Bulls1,76590.00/cwt90.00–90.001,5892
BullsReturn to Feed1,30071.00/cwt71.00–71.009231
Stock CowsMedium and Large 192380.65/cwt70.00–91.0074422
Stock CowsMedium and Large 1Thin Fleshed73872.50/cwt72.50–72.505354
HeifersMedium and Large 1Unweaned421214.22/cwt197.00–218.00902250
HeifersMedium and Large 1502186.50/cwt186.50–186.509368
HeifersMedium and Large 1-2464157.50/cwt157.50–157.5073110
SteersMedium and Large 1528209.00/cwt209.00–209.001,10410
HeifersMedium and Large 1-2Unweaned660157.29/cwt155.00–159.001,0387
HeifersMedium and Large 1-2Unweaned422188.81/cwt184.00–197.5079722
HeifersMedium and Large 1Unweaned723164.03/cwt160.50–167.001,18615
HeifersMedium and Large 1Unweaned619169.75/cwt163.00–173.501,051192
HeifersMedium and Large 1Unweaned568180.87/cwt172.00–189.001,027137
HeifersMedium and Large 1Unweaned373219.79/cwt210.00–223.00820155
HeifersMedium and Large 2Unweaned589146.00/cwt146.00–146.008606
HeifersMedium and Large 1-2Unweaned534174.59/cwt167.50–179.0093228
HeifersMedium and Large 1Unweaned471195.27/cwt186.00–209.50920237
HeifersMedium and Large 1-2Unweaned371204.34/cwt195.00–211.0075841
HeifersMedium and Large 1Unweaned241240.90/cwt240.00–241.0058117
HeifersMedium and Large 1-2Unweaned345222.50/cwt222.50–222.507684
HeifersMedium and Large 1Replacement648175.50/cwt175.50–175.501,13730
HeifersMedium and Large 1-2525172.00/cwt172.00–172.009034
HeifersMedium and Large 1Unweaned522188.44/cwt184.50–193.75984243
HeifersMedium and Large 1-2Unweaned481182.02/cwt170.00–185.0087643
HeifersLarge 1Unweaned486186.00/cwt186.00–186.009045
HeifersMedium and Large 1-2Unweaned593168.83/cwt164.00–170.001,00110
HeifersMedium and Large 1615167.00/cwt167.00–167.001,0276
HeifersMedium and Large 1410206.00/cwt206.00–206.0084524
HeifersSmall and Medium 1520149.00/cwt149.00–149.0077519
HeifersMedium and Large 1487186.58/cwt184.00–190.0090929

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.