Sale reports / Montana / Billings Livestock Commission / 2023-12-14

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Dec 14
● Final108 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
1,870 head
1,770 vs last sale 3,640 1,288 vs year ago 3,158 · 40.8%
Slaughter Cattle receipts
287 head
23 vs last sale 310 142 vs year ago 429 · 33.1%
Replacement Cattle receipts
223 head
15 vs last sale 238 38 vs year ago 185 · +20.5%
Also sold here(Mon)Thu Apr 16, 2026
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Reporter comment USDA

As filed

Compared to last week: Yearling steers were too lightly tested this week to develop any market trend. Steer calves under 500 lbs sold mostly steady to firm; Steers 500-599 lbs sold steady to 5.00 higher; steer calves over 600 lbs sold mostly mostly 5.00-10.00 higher. Yearling heifers were too lightly tested to develop a full market trend, however steady undertones were noticed. Heifer calves under 400 lbs were not well compared; heifer calves 400-499 lbs sold mostly 5.00-10.00 higher; heifer calves 500-549 lbs sold mostly 5.00 lower on a lower quality offering; 550-649 lbs heifers were not well compared; Heifers over 650 lbs sold 5.00-10.00 higher in a narrow comparison. Demand was mostly moderate to good this sale. Quality today was mixed from plain to very attractive. A large portion of the offering was comprised of weaned calves this week. Demand for long weaned calves was mostly good. Many sets of calves were weaned over 50 days. The best demand continues to be for cattle suitable to develop into yearlings, and buyers were willing to take heavier weights of calves to grass this week. Most calves were offered in small groups this sale with very few partial loads seen and no load lots seen. CME positions improved throughout much of the week and buyers showed stronger demand for all offerings as a result. Today, the January contract closed at 219.35, which is 9.325 higher than last Thursdays close, while the March contract closed at 220.125, up 8.95 from last Thursdays close. Market activity was mostly active today with a large crowd on hand. Weigh up cows sold on moderate demand for mostly light to moderate offerings. Slaughter cows sold mostly 1.00-2.00 higher on boning and lean cows, Breaking cows sold mostly 3.00-5.00 higher in a narrow comparison. High quality feeding cows sold 1.00-2.00 higher in a narrow comparison. Thin feeding cows sold 2.00-4.00 higher on a higher quality and better yielding offering. Slaughter bulls were too lightly tested last week to develop an accurate market trend, however higher undertones were noticed. Weigh up conditions were mixed today. Young age cows suitable to feed or rebreed sold on light to moderate demand today. Quality was mostly average and most offerings sold to feed. This class sold mostly steady.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $250.09/cwt on 779 head.
Average price
$250.09
779 head · 533 lb average
Value per head Derived
$1,333
Price × average weight ÷ 100
Grade differential Derived
−$330
per head · Medium 1 over Medium 1-2
$72.77/cwt at this weight
vs the market
+2.08
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1380260.2799074
Medium and Large 1560252.671,415542
Medium and Large 1-2495244.821,213128
Medium and Large 2464224.001,03915thin
Large 1608206.001,2529thin
Medium 1-2704187.501,32011thin
One grade step is worth $72.77/cwt here — about −$330 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 sale779 hd
250.09
MT average5 barns · 1,696 hd
248.01
+2.08
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
BullsHigh1,751115.892,03016
CowsBreaker 75-80%Low1,56893.781,4706thin
CowsBoner 80-85%Low1,40387.891,233102
CowsLean 85-90%Low1,14580.01916103

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/3rd Stage (4-9 mo)Young (2-4 yrs)1,199$1,7004thin
Bred Heifers1st/2nd Stage (1-6 mo)(<2 yrs)907$1,5503thin

Every lot, as filed

108 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
CowsBreaker 75-80%1,51587.00/cwt87.00–87.001,3181
CowsBoner 80-85%Return to Feed1,38182.80/cwt77.00–86.001,14329
CowsLean 85-90%Return to Feed1,11179.18/cwt70.00–82.0088029
Bulls1,952120.50/cwt120.50–120.502,3523
Bulls1,812116.08/cwt111.00–120.002,10310
Bulls1,58594.00/cwt94.00–94.001,4901
BullsReturn to Feed1,230119.00/cwt119.00–119.001,4642
Stock CowsMedium and Large 11,003111.06/cwt85.00–123.001,11431
Stock CowsMedium and Large 1-294393.73/cwt82.00–110.008842
Stock CowsMedium and Large 1905134.28/cwt102.50–145.001,21599
Stock CowsMedium and Large 1-2881119.68/cwt111.00–126.501,0549
Bred HeifersMedium and Large 19071,550.00/head1,550.00–1,550.001,5503
Bred CowsMedium and Large 11,1991,700.00/head1,700.00–1,700.001,7004
HeifersMedium and Large 2393235.00/cwt235.00–235.009242
HeifersMedium and Large 2453220.00/cwt220.00–220.009973
BullsMedium and Large 1-2Unweaned318305.00/cwt305.00–305.009705
BullsMedium and Large 1-2Unweaned390285.00/cwt285.00–285.001,1124
BullsMedium and Large 1Unweaned436305.33/cwt300.00–310.001,33111
BullsMedium and Large 1627236.00/cwt236.00–236.001,4805
HeifersLarge 1608206.00/cwt206.00–206.001,2529
HeifersMedium 1539223.00/cwt223.00–223.001,2024
HeifersMedium 1354270.00/cwt270.00–270.0095640
HeifersMedium and Large 1592231.90/cwt228.00–241.001,37327
HeifersMedium 1307274.91/cwt270.00–276.0084422
HeifersMedium and Large 2521220.00/cwt220.00–220.001,1464
HeifersMedium and Large 1638231.67/cwt229.00–232.501,47842
HeifersMedium and Large 1700221.93/cwt221.00–222.001,55428
HeifersMedium and Large 1466277.05/cwt263.00–291.001,291128
HeifersMedium and Large 1525253.82/cwt246.00–255.001,33352
HeifersMedium and Large 1670224.10/cwt215.00–228.001,50122
HeifersMedium 1633190.00/cwt190.00–190.001,2038
HeifersMedium and Large 1-2340269.94/cwt265.00–272.5091817
HeifersMedium and Large 11,028186.50/cwt186.50–186.501,91716
HeifersMedium 1-2704187.50/cwt187.50–187.501,32011
HeifersMedium and Large 1893193.00/cwt193.00–193.001,72313
HeifersMedium and Large 1411289.67/cwt276.00–295.001,19150
HeifersMedium and Large 1960188.00/cwt188.00–188.001,8055
HeifersMedium and Large 1376284.17/cwt280.00–285.001,06819
HeifersMedium and Large 1-2382264.61/cwt264.00–265.001,01117
HeifersMedium and Large 1-2857188.00/cwt188.00–188.001,6113
HeifersMedium and Large 1-2297270.00/cwt270.00–270.008023
HeifersMedium and Large 1833195.00/cwt195.00–195.001,6246
HeifersMedium and Large 1-2539235.51/cwt220.00–242.001,26933
HeifersMedium and Large 1-2417275.05/cwt272.50–277.001,1477
HeifersMedium and Large 1-2Unweaned413270.00/cwt270.00–270.001,1154
HeifersMedium and Large 11,143176.00/cwt176.00–176.002,0122
HeifersMedium and Large 1925188.00/cwt188.00–188.001,7392
HeifersMedium and Large 1-2585206.00/cwt206.00–206.001,2052
HeifersMedium and Large 1-2757188.71/cwt180.00–190.001,42916
HeifersMedium and Large 1Unweaned515251.66/cwt244.00–256.001,29615
HeifersMedium and Large 1Unweaned573237.53/cwt230.00–250.001,36131
HeifersMedium and Large 2Unweaned455225.00/cwt225.00–225.001,0246
HeifersMedium and Large 1Unweaned431284.21/cwt279.00–290.001,22541
HeifersMedium and Large 1-2Unweaned374280.00/cwt280.00–280.001,0475
HeifersMedium and Large 1-2484250.83/cwt242.00–255.001,21421
SteersMedium and Large 1-2411307.50/cwt307.50–307.501,26410
SteersMedium and Large 1-2676229.64/cwt225.00–232.001,5528
SteersMedium and Large 1Fleshy813198.00/cwt198.00–198.001,6104
HeifersMedium and Large 1Unweaned665222.86/cwt212.00–230.501,48217
HeifersMedium and Large 1Unweaned463277.19/cwt271.00–281.001,2838
HeifersMedium and Large 1Unweaned639230.00/cwt230.00–230.001,47018
SteersMedium and Large 1388330.00/cwt330.00–330.001,2803
SteersMedium and Large 1871209.00/cwt209.00–209.001,82013
SteersMedium and Large 1761220.83/cwt215.00–223.501,68123
SteersMedium and Large 1477308.27/cwt297.00–325.001,47069
SteersMedium and Large 1620254.75/cwt249.00–263.501,57975
SteersMedium 1327335.00/cwt335.00–335.001,09529
SteersMedium and Large 1-2585253.00/cwt253.00–253.001,4804
SteersMedium and Large 1428330.10/cwt320.00–340.001,41320
SteersMedium and Large 1572270.26/cwt264.00–282.001,54619
BullsMedium and Large 1Unweaned515279.49/cwt267.50–283.001,43913
BullsMedium and Large 1Unweaned645225.00/cwt225.00–225.001,4516
BullsMedium and Large 1Unweaned808205.00/cwt205.00–205.001,6562
BullsMedium and Large 1Unweaned714209.00/cwt209.00–209.001,4924
BullsMedium and Large 1Unweaned559270.00/cwt270.00–270.001,5098
BullsMedium and Large 1-2694205.00/cwt205.00–205.001,4234
SteersMedium and Large 1Unweaned581263.43/cwt255.00–269.001,53155
SteersMedium 1Unweaned366310.02/cwt302.00–315.001,13510
SteersMedium and Large 1Unweaned719234.77/cwt234.00–236.001,68813
SteersMedium and Large 1Unweaned663244.29/cwt233.00–249.001,62044
SteersMedium and Large 1Unweaned520296.53/cwt293.00–300.001,54234
SteersMedium and Large 1-2703215.00/cwt211.00–221.001,5116
SteersMedium and Large 1-2Unweaned368320.00/cwt320.00–320.001,1782
SteersMedium and Large 1Unweaned633251.61/cwt251.50–254.001,59369
SteersMedium and Large 1Unweaned457308.92/cwt292.50–317.501,4126
SteersMedium and Large 1-2Unweaned667232.00/cwt232.00–232.001,5475
SteersMedium and Large 1Unweaned422333.02/cwt325.00–336.001,40515
SteersMedium and Large 1724236.31/cwt232.00–237.001,7117
SteersMedium and Large 1-2482279.83/cwt255.00–287.501,34935
SteersMedium and Large 1-2926203.00/cwt203.00–203.001,88015
SteersMedium and Large 1-2398317.86/cwt315.00–320.001,2657
SteersMedium and Large 1-2638235.47/cwt227.00–240.001,50221
SteersMedium and Large 1-2321321.00/cwt321.00–321.001,0305
SteersMedium and Large 1678232.00/cwt232.00–232.001,5735
SteersMedium and Large 1507302.78/cwt289.00–305.001,53532
SteersMedium 1440300.00/cwt300.00–300.001,3201
CowsBoner 80-85%1,45582.19/cwt81.00–83.501,1962
CowsBreaker 75-80%1,69096.00/cwt96.00–96.001,6221
CowsLean 85-90%Return to Feed1,17884.95/cwt82.00–90.001,00150
CowsBoner 80-85%Return to Feed1,58997.00/cwt97.00–97.001,5415
CowsBoner 80-85%Return to Feed1,39989.85/cwt86.50–95.501,25762
CowsBreaker 75-80%Return to Feed1,55094.92/cwt94.00–97.501,4714
CowsBoner 80-85%1,35685.99/cwt85.00–89.001,1664
CowsLean 85-90%1,08459.59/cwt56.00–62.506464
CowsLean 85-90%1,18471.69/cwt66.00–80.008499
CowsLean 85-90%Light Weight79053.89/cwt52.50–55.004262
CowsLean 85-90%Light Weight73867.37/cwt65.00–70.004972
CowsLean 85-90%1,25081.64/cwt81.00–82.501,0217

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.