Sale reports / Montana / Billings Livestock Commission / 2023-05-04

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, May 4
● Final77 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
303 head
4,346 vs last sale 4,649 165 vs year ago 468 · 35.3%
Slaughter Cattle receipts
593 head
593 vs last sale 0 301 vs year ago 292 · +103.1%
Replacement Cattle receipts
402 head
331 vs last sale 71 214 vs year ago 188 · +113.8%
Also sold here(Mon)Thu Apr 16, 2026
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Reporter comment USDA

As filed

Compared to last week: Steers and heifers were too lightly tested today to develop an accurate market trend, however steady to lower undertones were noticed on a poorer quality offering. Quality this sale was mostly plain to average and significantly lower than last weeks attractive offering for the feeder special. Most lots were offered in small packages or as singles. Demand remains good to very good, despite light offerings. Demand for cattle suitable to run on grass was very good as order buyers and local ranchers competed over limited offerings. Market activity was active to very active. Weigh up cows sold on mostly good demand for moderate offerings. Packers showed the best demand for feeding quality cows this week as they purchased much of the cow offering to put away on feed. Slaughter and feeding cows were not well compared as last weeks sale featured mostly feeder cattle. No comparisons are available. Slaughter cows sold on lighter demand this week. As supplies of cows have started to increase around the country due to seasonal culling and pockets of drought. Slaughter bulls sold are not well compared. Demand for bulls remains mostly good. Feeding and slaughter bull buyers both were active bidders today showing mostly good demand. Weigh up conditions were mixed today as both full and empty offerings were seen. Young age cows suitable to feed or rebreed were not well compared. Quality this week was mostly average with a limited offering of attractive cattle noted.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $233.18/cwt on 118 head.
Average price
$233.18
118 head · 544 lb average
Value per head Derived
$1,269
Price × average weight ÷ 100
Grade differential Derived
−$20
per head · Medium 1 over Medium and Large 2
$8.64/cwt at this weight
vs the market
1.10
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1405237.509626thin
Medium and Large 1-2497234.191,16419thin
Medium and Large 1581233.211,35582
Medium and Large 2429228.8698211thin
One grade step is worth $8.64/cwt here — about −$20 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 sale118 hd
233.18
MT average3 barns · 254 hd
234.28
−1.10
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
BullsAverage1,717112.901,93919
CowsBreaker 75-80%Average1,744100.711,75649
CowsBoner 80-85%Low1,45196.341,39881
CowsLean 85-90%High1,16685.57998178

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 Cows3rd Stage (7-9 mo)Young (2-4 yrs)1,184$2,07832
Bred Cows3rd Stage (7-9 mo)Middle Aged/Aged (>5 yrs)1,522$1,8353thin
Bred Cows3rd Stage (7-9 mo)Aged (>8 yrs)1,274$1,3508
Cow-Calf PairsOpenYoung (2-4 yrs)1,262$2,42924
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,387$2,3008
Cow-Calf PairsOpenAged (>8 yrs)1,482$2,05010
Cow-Calf PairsOpenMiddle Aged/Aged (>5 yrs)1,410$2,0339

Every lot, as filed

77 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
Cow-Calf PairsMedium and Large 11,1732,450.00/head2,450.00–2,450.002,45014
BullsMedium and Large 11,070164.00/cwt164.00–164.001,7552
HeifersMedium and Large 1476250.63/cwt247.50–260.001,19314
HeifersMedium and Large 1663218.00/cwt218.00–218.001,4452
HeifersMedium 1405237.50/cwt237.50–237.509626
BullsMedium 1354275.00/cwt275.00–275.009747
BullsMedium and Large 175200.00/head200.00–200.002001
BullsMedium and Large 1-2542241.82/cwt240.00–247.501,3114
HeifersMedium and Large 1-2475239.32/cwt230.00–240.001,13714
HeifersMedium and Large 1-2593222.00/cwt222.00–222.001,3162
HeifersMedium and Large 1630230.00/cwt230.00–230.001,44911
HeifersMedium and Large 2417232.50/cwt232.50–232.509709
HeifersMedium and Large 2483212.50/cwt212.50–212.501,0262
HeifersMedium and Large 173200.00/head200.00–200.002002
HeifersMedium and Large 1-2535218.38/cwt215.00–220.001,1683
SteersMedium and Large 1474282.16/cwt280.00–282.501,3377
HeifersMedium and Large 1568238.02/cwt230.00–244.001,35230
HeifersMedium and Large 1434254.44/cwt254.00–255.001,10411
HeifersMedium and Large 1897174.00/cwt174.00–174.001,5615
HeifersMedium and Large 1542237.00/cwt237.00–237.001,2853
HeifersMedium and Large 1800188.00/cwt188.00–188.001,5046
SteersMedium and Large 1759213.00/cwt213.00–213.001,6175
SteersMedium and Large 2745198.00/cwt198.00–198.001,4753
SteersMedium and Large 1-2687214.00/cwt214.00–214.001,47011
SteersMedium and Large 1-2411265.00/cwt265.00–265.001,0897
SteersMedium and Large 1-2710210.00/cwt210.00–210.001,4914
SteersMedium and Large 1708231.00/cwt231.00–231.001,6352
SteersMedium and Large 1675235.00/cwt235.00–235.001,5861
SteersMedium and Large 1619253.62/cwt250.50–258.001,5707
SteersMedium and Large 1857190.00/cwt190.00–190.001,6283
SteersMedium and Large 1528275.00/cwt275.00–275.001,4523
SteersMedium and Large 1-2557232.50/cwt232.50–232.501,2953
SteersMedium and Large 1-2472258.27/cwt255.00–260.001,2193
BullsMedium and Large 1617246.50/cwt246.50–246.501,5213
BullsLarge 11,060158.00/cwt158.00–158.001,6754
BullsMedium and Large 1666219.00/cwt219.00–219.001,45920
BullsMedium and Large 1466250.00/cwt250.00–250.001,1655
BullsMedium and Large 1563242.07/cwt240.00–245.001,3635
Cow-Calf PairsMedium and Large 11,3872,400.00/head2,400.00–2,400.002,40010
Cow-Calf PairsMedium and Large 11,3872,300.00/head2,300.00–2,300.002,3008
Cow-Calf PairsMedium and Large 11,3452,050.00/head2,050.00–2,050.002,0506
Cow-Calf PairsMedium and Large 11,5402,000.00/head2,000.00–2,000.002,0003
Stock CowsLarge 1963161.00/cwt161.00–161.001,5502
Stock CowsMedium and Large 1958165.02/cwt130.00–183.001,58150
Stock CowsMedium 1746153.01/cwt150.00–163.001,1414
Stock CowsMedium and Large 11,019121.16/cwt96.00–161.001,23582
Stock CowsMedium and Large 1-2800155.05/cwt151.00–160.001,2404
Bred CowsMedium and Large 1Broken Mouth1,2741,350.00/head1,350.00–1,350.001,3508
Bred CowsMedium and Large 11,1842,077.60/head1,925.00–2,250.002,07832
Bred CowsMedium and Large 11,5221,835.00/head1,835.00–1,835.001,8353
Stock CowsMedium and Large 11,22596.34/cwt92.00–103.001,1803
Stock CowsMedium and Large 1-2Thin Fleshed753142.00/cwt142.00–142.001,0698
Stock CowsMedium and Large 1-2891105.99/cwt100.00–111.0094413
Cow-Calf PairsMedium and Large 1Broken Mouth1,4822,050.00/head2,050.00–2,050.002,05010
BullsReturn to Feed1,307118.62/cwt111.00–123.001,5503
BullsReturn to Feed1,440106.00/cwt106.00–106.001,5262
Bulls2,003125.90/cwt124.00–129.002,5223
Bulls1,870114.07/cwt111.00–122.002,1337
CowsBoner 80-85%Return to Feed1,38085.58/cwt84.00–87.001,1812
CowsBreaker 75-80%Return to Feed1,54298.20/cwt97.50–99.001,5148
CowsLean 85-90%Return to Feed1,29597.50/cwt97.50–97.501,2631
CowsBreaker 75-80%1,68998.45/cwt96.00–100.001,6639
CowsLean 85-90%1,14582.13/cwt75.00–84.0094068
CowsBreaker 75-80%1,810101.97/cwt101.00–102.001,84632
CowsLean 85-90%1,05569.50/cwt69.50–69.507332
CowsBoner 80-85%1,41592.61/cwt87.50–96.001,31014
CowsBoner 80-85%Return to Feed1,367102.93/cwt100.50–107.001,40711
CowsBoner 80-85%Return to Feed1,48197.65/cwt92.00–100.501,44643
CowsBoner 80-85%1,485104.50/cwt104.50–104.501,5524
CowsBoner 80-85%1,47383.77/cwt82.00–85.001,2347
CowsLean 85-90%Return to Feed1,20289.16/cwt86.50–99.001,07261
Bulls1,683100.28/cwt89.00–109.001,6884
CowsLean 85-90%Return to Feed97085.00/cwt85.00–85.008253
CowsLean 85-90%Light Weight92073.04/cwt70.00–79.006726
CowsLean 85-90%1,19988.24/cwt84.50–93.001,05835
CowsLean 85-90%1,26095.00/cwt95.00–95.001,1972
BullsMedium and Large 1765185.00/cwt185.00–185.001,4153

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.