Sale reports / Montana / Billings Livestock Commission / 2023-05-11

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, May 11
● Final89 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
482 head
179 vs last sale 303 425 vs year ago 907 · 46.9%
Slaughter Cattle receipts
523 head
70 vs last sale 593 102 vs year ago 421 · +24.2%
Replacement Cattle receipts
322 head
80 vs last sale 402 75 vs year ago 397 · 18.9%
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 higher undertones were noticed. Quality this sale was mostly plain. Most lots were offered in small packages or as singles. Demand remains good to very good. With only one feeder sale in billings this week several buyers were looking for cattle to finish filling loads and were aggressive as they did so. The best demand continues to be for cattle suitable to run on grass. Market activity was active to very active, despite light offerings. Weigh up cows sold on mostly good demand for moderate offerings. Packers and order buyers both showed the best demand for feeding quality cows this week. Slaughter cows sold generally steady. Feeding cows sold steady to firm. Slaughter bulls sold mostly 1.00-2.00 higher. Feeding bull buyers continue to push packer buyers as they try to purchase bulls, however packers purchased most of the bulls away from feeding buyers this week despite having to pay higher prices for bulls. Weigh up conditions were average to below average today with many full offerings noted. Young age cows suitable to feed or rebreed sold 2.00-4.00 higher. Quality this week was mostly average to attractive.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $213.23/cwt on 189 head.
Average price
$213.23
189 head · 635 lb average
Value per head Derived
$1,355
Price × average weight ÷ 100
Grade differential Derived
$645
per head · Medium and Large 1 over Medium 2
$66.67/cwt at this weight
vs the market
4.56
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1690216.671,494100
Medium and Large 1-2569215.541,22780
Medium 1800170.001,3602thin
Medium 2566150.008497thin
One grade step is worth $66.67/cwt here — about $645 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 sale189 hd
213.23
MT average2 barns · 358 hd
217.79
−4.56
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
BullsHigh1,845115.192,12655
CowsBreaker 75-80%High1,61799.521,60931
CowsBoner 80-85%High1,39991.251,277171
CowsLean 85-90%Low1,16186.501,004225

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$2,0764thin
Bred Cows3rd Stage (7-9 mo)Middle Aged/Aged (>5 yrs)1,550$1,6001thin
Bred Heifers3rd Stage (7-9 mo)(<2 yrs)1,041$2,0005
Cow-Calf PairsOpenMiddle Aged/Aged (>5 yrs)1,441$1,7546
Cow-Calf PairsOpenAged (>8 yrs)1,542$1,7103thin

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 1Unweaned424280.00/cwt280.00–280.001,1874
HeifersMedium and Large 1626239.66/cwt237.00–243.001,5009
BullsMedium and Large 2439220.00/cwt220.00–220.0096614
BullsMedium and Large 2727173.00/cwt173.00–173.001,2583
BullsMedium and Large 2571197.50/cwt197.50–197.501,1289
HeifersMedium and Large 1-2608218.76/cwt210.00–225.001,33010
HeifersMedium and Large 1-2437231.65/cwt230.00–237.501,01214
HeifersMedium and Large 1-2575218.62/cwt195.00–227.501,25722
HeifersMedium 2566150.00/cwt150.00–150.008497
HeifersMedium and Large 1-2810178.00/cwt178.00–178.001,4422
HeifersMedium and Large 1Unweaned622236.00/cwt236.00–236.001,46813
HeifersMedium 1800170.00/cwt170.00–170.001,3602
HeifersMedium and Large 1-2Unweaned541219.00/cwt219.00–219.001,1858
HeifersMedium and Large 1-2470210.00/cwt210.00–210.009874
HeifersMedium and Large 1480248.15/cwt242.50–250.001,1914
HeifersMedium and Large 1857182.05/cwt176.00–182.501,56029
HeifersMedium and Large 1723197.21/cwt192.00–207.001,42610
SteersMedium and Large 1635260.00/cwt260.00–260.001,6513
SteersMedium and Large 1Unweaned579271.00/cwt271.00–271.001,5695
SteersLarge 1830193.00/cwt193.00–193.001,6024
HeifersMedium and Large 1-2532227.18/cwt222.50–235.001,20910
HeifersMedium and Large 1529237.50/cwt237.50–237.501,2568
HeifersMedium and Large 1-2717182.00/cwt179.00–183.001,3054
SteersMedium and Large 1-2743225.00/cwt225.00–225.001,6722
SteersMedium and Large 1716234.71/cwt230.00–239.001,6814
SteersMedium and Large 2742190.00/cwt190.00–190.001,4103
SteersMedium and Large 1-2575245.09/cwt240.00–250.001,4092
SteersMedium 2785180.00/cwt180.00–180.001,4137
HeifersMedium and Large 1673224.96/cwt215.00–230.001,51421
SteersMedium and Large 2671198.00/cwt198.00–198.001,3297
SteersMedium 2585195.00/cwt195.00–195.001,1415
SteersMedium and Large 1-2479273.65/cwt267.50–290.001,3117
SteersMedium and Large 1-2546267.50/cwt267.50–267.501,4614
SteersMedium 2515215.00/cwt215.00–215.001,1075
HeifersMedium and Large 1-2781175.85/cwt173.00–177.001,3736
SteersMedium and Large 1870190.00/cwt190.00–190.001,6532
SteersMedium and Large 1650255.00/cwt255.00–255.001,6581
SteersMedium and Large 1501295.00/cwt295.00–295.001,4784
SteersMedium and Large 1-2771202.00/cwt202.00–202.001,5575
BullsMedium and Large 1-2540225.00/cwt225.00–225.001,2151
BullsMedium and Large 1-2930152.50/cwt152.50–152.501,4182
BullsMedium and Large 2Unweaned380200.00/cwt200.00–200.007603
BullsMedium and Large 1808185.00/cwt185.00–185.001,4953
BullsMedium and Large 1733205.00/cwt205.00–205.001,5032
BullsLarge 11,218144.00/cwt144.00–144.001,7542
CowsBreaker 75-80%1,623105.74/cwt104.00–107.501,7168
CowsBoner 80-85%Return to Feed1,400100.50/cwt100.50–100.501,4075
CowsLean 85-90%Return to Feed1,11884.37/cwt82.00–86.009434
Bulls2,029125.90/cwt124.00–128.002,55513
CowsLean 85-90%Return to Feed1,250100.04/cwt99.00–100.501,2513
CowsBreaker 75-80%Return to Feed1,428106.63/cwt106.50–107.501,5237
CowsBoner 80-85%1,690103.50/cwt103.50–103.501,7491
CowsBoner 80-85%1,44191.87/cwt90.00–96.001,32432
CowsLean 85-90%1,21488.67/cwt86.00–92.501,07661
CowsBreaker 75-80%1,69690.35/cwt85.00–94.001,53210
CowsLean 85-90%1,27596.00/cwt96.00–96.001,2241
CowsLean 85-90%1,14882.04/cwt71.00–86.0094267
CowsLean 85-90%Light Weight95564.00/cwt64.00–64.006111
CowsLean 85-90%Light Weight96891.00/cwt91.00–91.008812
CowsBoner 80-85%Return to Feed1,38193.06/cwt90.00–99.001,28586
CowsBoner 80-85%Return to Feed1,40986.47/cwt84.00–87.001,2186
CowsLean 85-90%Return to Feed1,16389.33/cwt86.00–94.001,03975
CowsBoner 80-85%1,40886.19/cwt84.00–89.001,21440
CowsLean 85-90%Light Weight94981.23/cwt77.00–83.0077110
CowsBreaker 75-80%1,76397.01/cwt96.00–98.001,7103
CowsLean 85-90%1,21065.00/cwt65.00–65.007871
CowsBoner 80-85%Light Weight89588.00/cwt88.00–88.007881
HeifersMedium and Large 1Unweaned583227.00/cwt227.00–227.001,3232
Cow-Calf PairsMedium and Large 11,3251,800.00/head1,800.00–1,800.001,8002
Cow-Calf PairsMedium and Large 1-21,4991,731.32/head1,710.00–1,750.001,7314
Cow-Calf PairsMedium and Large 11,5421,710.00/head1,710.00–1,710.001,7103
Bred CowsMedium and Large 11,5501,600.00/head1,600.00–1,600.001,6001
Bred HeifersMedium and Large 11,0412,000.00/head2,000.00–2,000.002,0005
Stock CowsMedium and Large 1Fleshy1,385122.00/cwt122.00–122.001,6902
Stock CowsMedium 1785138.48/cwt131.00–140.001,0876
Stock CowsMedium and Large 11,055125.55/cwt92.00–173.001,325129
Bred CowsMedium and Large 11,1842,076.39/head2,050.00–2,100.002,0764
Stock CowsMedium and Large 1-2Thin Fleshed744122.50/cwt122.50–122.509114
Stock CowsMedium and Large 1965166.74/cwt130.50–189.001,60976
Stock CowsMedium and Large 1-21,055129.27/cwt120.50–158.001,36426
Stock CowsMedium 1703124.79/cwt105.00–145.008772
Stock CowsMedium and Large 1-21,09398.66/cwt91.00–110.001,0786
Stock CowsMedium and Large 11,18592.00/cwt92.00–92.001,0901
BullsReturn to Feed1,313112.00/cwt112.00–112.001,4712
BullsHeavy Weight2,500127.00/cwt127.00–127.003,1756
Bulls1,591101.84/cwt96.00–109.001,62014
Bulls1,791115.95/cwt111.00–124.002,07719
BullsLight Weight1,19584.00/cwt84.00–84.001,0041
CowsBreaker 75-80%Return to Feed1,63299.41/cwt97.00–101.001,6223

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.