Sale reports / Montana / Billings Livestock Commission / 2024-04-11

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Apr 11
● Final45 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
326 head
4,640 vs last sale 4,966 97 vs year ago 229 · +42.4%
Slaughter Cattle receipts
213 head
108 vs last sale 105 364 vs year ago 577 · 63.1%
Replacement Cattle receipts
133 head
39 vs last sale 172 212 vs year ago 345 · 61.4%
Also sold here(Mon)Thu Apr 16, 2026
View

Reporter comment USDA

As filed

Compared to last week: Feeder cattle were to light to develop a market trend. Slaughter cows steady to 1.00 lower. Slaughter bulls steady. Demand good. Quality average.

Weight class

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $266.77/cwt on 32 head. That ranks 1 of 21 comparable sales and sits 167.10 against this barn's trailing median of $433.86.
Average price
$266.77
32 head · 545 lb average
Value per head Derived
$1,453
Price × average weight ÷ 100
Grade differential Derived
$239
per head · Medium and Large 1 over Medium and Large 2
$45.62/cwt at this weight
vs the market
10.74
vs MT average
+2.81 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1550280.621,54218thin
Medium and Large 1-2517267.581,3836thin
Medium and Large 2555235.001,3038thin
One grade step is worth $45.62/cwt here — about $239 a head. Across this sale the premium is widest at 300–400 lb. USDA reports each grade on its own line and never publishes the spread.

This barn's trailing prices 500–600 lb

21 sales
483428373319median 433.8612/1802/0504/0905/2108/13
Heifers 500–600 lb: high $469.35, low $332.50, median $433.86 across 21 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

How it compared 500–600 lb

Same class and week · spot auction only
This sale32 hd
266.77
MT average3 barns · 77 hd
277.51
−10.74
National average181 barns · 13,137 hd
263.96
+2.81
This barn, trailing median21 sales
433.86
−167.10
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
BullsAverage1,902146.382,78422
CowsBreaker 75-80%Average1,465134.741,97476
CowsBoner 80-85%High1,287128.031,64853
CowsLean 85-90%Average1,132115.801,31014

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)1,226$2,3804thin
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,235$1,9362thin

Every lot, as filed

45 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
Bulls1,927148.24/cwt139.50–155.002,85720
CowsBoner 80-85%Return to Feed1,205135.08/cwt135.00–135.501,62812
CowsBreaker 75-80%Return to Feed1,385139.13/cwt128.00–143.501,92744
CowsBreaker 75-80%1,607131.87/cwt124.00–137.502,11925
CowsBreaker 75-80%1,464117.41/cwt115.00–120.501,7197
CowsLean 85-90%Return to Feed1,147115.71/cwt110.00–123.001,3277
HeifersMedium and Large 1-2400–450415255.00/cwt255.00–255.001,0581
Bred CowsMedium and Large 1-21,2262,379.59/head2,325.00–2,400.002,3804
Bred CowsMedium and Large 1-21,2351,936.29/head1,900.00–1,975.001,9362
HeifersMedium and Large 1600–650634268.26/cwt261.00–270.001,70118
HeifersMedium and Large 1550–600573276.31/cwt274.00–279.001,5839
SteersMedium and Large 1450–500484349.71/cwt330.00–358.001,69310
HeifersMedium and Large 1-2500–550509267.10/cwt265.00–275.001,3605
SteersMedium and Large 1-2550–600580308.00/cwt308.00–308.001,7861
SteersMedium and Large 1-2650–700675266.00/cwt266.00–266.001,7961
SteersMedium and Large 1500–550521325.44/cwt322.50–327.001,69610
SteersMedium and Large 1600–650611308.19/cwt305.00–309.001,88315
SteersMedium and Large 1400–450432363.04/cwt361.00–370.001,5685
HeifersMedium and Large 1-2750–800785206.67/cwt206.00–207.001,6223
HeifersMedium and Large 1-2550–600555270.00/cwt270.00–270.001,4991
HeifersMedium and Large 1-2350–400394305.00/cwt305.00–305.001,2029
HeifersMedium and Large 1500–550526284.92/cwt284.00–286.001,4999
HeifersMedium and Large 2300–350338255.00/cwt255.00–255.008622
HeifersMedium and Large 2550–600595220.00/cwt220.00–220.001,3092
Bulls1,653127.83/cwt125.00–130.002,1132
CowsBoner 80-85%1,327126.09/cwt121.00–133.001,67316
CowsBoner 80-85%Return to Feed1,301125.89/cwt119.50–133.501,63825
CowsLean 85-90%1,116115.89/cwt112.00–121.001,2937
HeifersMedium and Large 1700–750738242.36/cwt240.00–244.001,78912
SteersMedium and Large 1700–750721269.54/cwt264.00–272.001,9437
Stock CowsMedium and Large 1-2898187.88/cwt175.00–202.001,68778
BullsMedium and Large 1-2300–350305355.00/cwt355.00–355.001,0831
Stock CowsMedium and Large 1-21,026169.70/cwt163.00–177.001,74144
HeifersMedium and Large 2500–550541240.00/cwt240.00–240.001,2986
HeifersMedium and Large 1400–450414306.66/cwt300.00–320.001,2706
SteersMedium and Large 1650–700671277.28/cwt274.00–282.001,86111
HeifersMedium and Large 1350–400368325.00/cwt325.00–325.001,1962
BullsMedium and Large 1600–650610285.00/cwt285.00–285.001,7395
BullsMedium and Large 1500–550503310.00/cwt310.00–310.001,5592
SteersMedium and Large 1750–800768242.00/cwt242.00–242.001,8592
BullsMedium and Large 1-2700–750720227.50/cwt227.50–227.501,6383
BullsMedium and Large 1-2500–550520307.50/cwt307.50–307.501,5991
BullsMedium and Large 1-2350–400395370.00/cwt370.00–370.001,4621
HeifersMedium and Large 1750–800789226.67/cwt224.00–239.001,78811
SteersMedium and Large 1550–600572321.71/cwt312.00–324.001,84028

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.