Sale reports / Montana / Billings Livestock Commission / 2024-05-16

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, May 16
● Final97 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
317 head
71 vs last sale 246 165 vs year ago 482 · 34.2%
Slaughter Cattle receipts
711 head
442 vs last sale 269 188 vs year ago 523 · +35.9%
Replacement Cattle receipts
515 head
275 vs last sale 240 193 vs year ago 322 · +59.9%
Also sold here(Mon)Thu Apr 16, 2026
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Reporter comment USDA

As filed

Compared to last sale: Feeder cattle were too lightly tested to develop any market trend. Demand for feeders was mostly moderate to good. Quality was mostly plain to average today, however quality today was better than last weeks sale. Most calves were offered in small packages or as singles. CME Feeder and live cattle contracts all closed higher today as strong gains were seen throughout the week for the boxed beef cutout prompting buyers to push contracts higher. Boxed beef values closed 3.38 and 2.20 higher at 310.15 and 296.51, on choice and select respectfully. Market activity was mostly moderate to active this week. Weigh up cows sold on good to very good demand for heavy offerings. Packers showed good demand for all cows on offer. Slaughter cows sold mostly steady to firm on breaking and boning cows, lean cows sold mostly 2.00-4.00 higher. Feeding cows sold steady to 2.00 higher on boning and breaking flesh cows, thin fleshed cows sold 2.00-4.00 higher. Quality was mostly average to very attractive this week. Private feeding cow buyers were very aggressive this week as they showed good demand for thin cows that will flesh up quickly. Weigh up conditions were mixed this week with a mix of both empty and full cows seen. Slaughter bulls sold mostly 5.00-8.00 higher. Bull quality was mostly attractive to very attractive today. Young age cows suitable to feed or rebreed sold 10.00-15.00 higher. Quality was mostly attractive to very attractive this week. Demand was mostly good to very good with the best demand seen for cows which lost calves. Many open 2 and 3 year old cows sold for 1,900-2,100 per head.

Weight class

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $279.62/cwt on 59 head. That ranks 1 of 21 comparable sales and sits 154.24 against this barn's trailing median of $433.86.
Average price
$279.62
59 head · 544 lb average
Value per head Derived
$1,522
Price × average weight ÷ 100
Grade differential Derived
$238
per head · Medium and Large 1 over Medium and Large 2
$26.77/cwt at this weight
vs the market
9.72
vs MT average
+9.62 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1554292.241,61924
Medium and Large 1-2564279.201,57514thin
Medium and Large 2520265.471,38121
One grade step is worth $26.77/cwt here — about $238 a head. Across this sale the premium is widest at 400–500 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 sale59 hd
279.62
MT average3 barns · 564 hd
289.34
−9.72
National average167 barns · 11,471 hd
270.00
+9.62
This barn, trailing median21 sales
433.86
−154.24
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
BullsAverage1,767148.902,63086
CowsBreaker 75-80%High1,562138.522,16463
CowsBoner 80-85%High1,400133.471,868213
CowsLean 85-90%Low1,155126.291,459305

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)1,240$2,31911
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,056$2,17710
Bred Cows3rd Stage (7-9 mo)Middle Aged/Aged (>5 yrs)1,459$2,0754thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,235$1,5504thin
Cow-Calf PairsOpenMiddle Aged/Aged (>5 yrs)1,775$2,6751thin
Cow-Calf PairsOpenYoung/Middle Aged (2-8 yrs)1,416$2,6004thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,530$2,3501thin

Every lot, as filed

97 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
BullsMedium and Large 1-2950–1000960190.00/cwt190.00–190.001,8241
Stock CowsMedium and Large 11,193134.16/cwt131.00–137.001,6018
Stock CowsMedium and Large 1-2917187.91/cwt167.00–205.001,72314
Cow-Calf PairsMedium and Large 1-21,5302,350.00/head2,350.00–2,350.002,3501
Cow-Calf PairsMedium and Large 1-21,4162,600.00/head2,600.00–2,600.002,6004
Stock CowsMedium and Large 1963207.68/cwt151.00–230.002,000209
Bred CowsMedium and Large 11,2402,319.24/head2,200.00–2,375.002,31911
HeifersMedium and Large 1850–900885234.50/cwt234.50–234.502,0756
Stock CowsMedium and Large 1Fleshy1,494155.67/cwt155.50–156.002,3266
Stock CowsMedium and Large 11,031176.38/cwt137.00–221.001,818111
BullsMedium and Large 1100–150130525.00/head525.00–525.005252
Cow-Calf PairsMedium and Large 11,7752,675.00/head2,675.00–2,675.002,6751
Bred CowsMedium and Large 11,2351,550.00/head1,550.00–1,550.001,5504
Bred CowsMedium and Large 11,4592,075.00/head2,075.00–2,075.002,0754
BullsMedium and Large 1700–750735244.00/cwt244.00–244.001,7936
BullsMedium and Large 1900–950948220.00/cwt220.00–220.002,0862
BullsMedium and Large 1750–800782242.00/cwt242.00–242.001,8925
HeifersMedium and Large 1600–650633285.54/cwt285.00–286.501,8078
HeifersMedium and Large 1550–600553292.85/cwt290.00–300.001,61921
SteersMedium and Large 2350–400353325.00/cwt325.00–325.001,1472
SteersMedium and Large 2500–550503297.51/cwt295.00–300.001,4964
HeifersMedium and Large 1650–700661276.00/cwt276.00–276.001,8244
HeifersMedium and Large 1750–800796236.33/cwt235.00–239.001,8816
SteersMedium and Large 1550–600558327.53/cwt327.53–327.531,8282
BullsMedium and Large 1-2600–650631263.00/cwt263.00–263.001,6606
SteersMedium and Large 1-2500–550507316.39/cwt307.00–322.501,6045
SteersMedium and Large 1-2450–500492337.50/cwt337.50–337.501,6613
SteersMedium and Large 1-2550–600595300.00/cwt300.00–300.001,7851
Bred CowsMedium and Large 11,0562,177.34/head2,175.00–2,200.002,17710
SteersMedium and Large 1-2800–850805243.00/cwt243.00–243.001,9565
HeifersMedium and Large 1-2500–550510282.50/cwt282.50–282.501,4412
SteersMedium and Large 1-2650–700690265.00/cwt265.00–265.001,8291
HeifersMedium and Large 1-2550–600573278.65/cwt275.00–280.001,59712
HeifersMedium and Large 1-2450–500461289.30/cwt282.50–299.001,3345
Stock CowsMedium and Large 1-21,057135.37/cwt132.50–139.001,4315
SteersMedium and Large 1-2600–650617298.98/cwt289.00–303.001,8457
HeifersMedium and Large 1-2800–850846222.00/cwt222.00–222.001,87810
BullsMedium and Large 1-2700–750745236.00/cwt236.00–236.001,7582
BullsMedium and Large 1-21050–11001,065160.00/cwt160.00–160.001,7041
HeifersMedium and Large 1-2600–650625272.50/cwt272.50–272.501,7032
BullsLight Weight1,385137.00/cwt137.00–137.001,8971
Bulls1,770151.17/cwt144.00–159.002,67635
CowsBreaker 75-80%Natural1,485145.00/cwt145.00–145.002,1538
CowsBoner 80-85%Return to Feed1,407142.57/cwt140.00–146.002,00636
Bulls2,006166.75/cwt162.00–175.003,34521
BullsReturn to Feed1,300132.00/cwt132.00–132.001,7161
HeifersMedium and Large 1-2700–750743235.00/cwt235.00–235.001,7462
SteersMedium and Large 1-2400–450408340.00/cwt340.00–340.001,3876
CowsBreaker 75-80%Return to Feed1,583144.39/cwt142.00–147.002,2862
CowsLean 85-90%Light Weight929110.17/cwt102.50–117.501,02314
CowsLean 85-90%1,185134.88/cwt132.00–141.001,59811
CowsLean 85-90%1,114112.29/cwt105.00–120.001,25132
CowsBoner 80-85%1,448117.83/cwt115.00–123.001,7063
CowsBreaker 75-80%1,626143.03/cwt142.00–145.002,32611
CowsBreaker 75-80%Return to Feed1,574133.01/cwt129.00–135.002,09416
CowsLean 85-90%Return to Feed1,187130.07/cwt124.00–133.001,544127
CowsLean 85-90%Light Weight88394.76/cwt90.00–97.508375
CowsBoner 80-85%1,489141.40/cwt140.50–143.002,1054
CowsBoner 80-85%Return to Feed1,387133.59/cwt127.00–139.001,853114
CowsLean 85-90%1,191125.56/cwt122.00–131.001,49519
CowsBoner 80-85%Return to Feed1,425121.79/cwt116.00–126.001,73625
CowsBreaker 75-80%1,671131.39/cwt125.00–134.002,1964
CowsBoner 80-85%1,400132.34/cwt127.00–138.001,85331
CowsBreaker 75-80%1,628139.16/cwt135.00–141.502,2666
Bulls1,752137.48/cwt130.00–144.002,40915
CowsBreaker 75-80%Return to Feed1,491138.49/cwt135.50–142.002,06516
BullsLight Weight1,351126.93/cwt120.50–136.001,71511
CowsLean 85-90%Light Weight990122.00/cwt122.00–122.001,2082
BullsReturn to Feed1,335144.00/cwt144.00–144.001,9221
CowsLean 85-90%Return to Feed1,081119.12/cwt107.00–123.001,28827
Bulls2,685141.00/cwt141.00–141.003,7861
CowsLean 85-90%Return to Feed1,208134.57/cwt133.00–139.001,62665
HeifersLarge 1700–750719225.00/cwt225.00–225.001,6186
BullsLarge 11150–12001,185187.50/cwt187.50–187.502,2221
Stock CowsLarge 11,060150.00/cwt150.00–150.001,5902
Stock CowsLarge 11,183143.56/cwt142.00–145.001,6982
BullsLarge 1-21150–12001,185178.00/cwt178.00–178.002,1092
CowsLean 85-90%1,065104.00/cwt104.00–104.001,1083
HeifersMedium 2400–450445237.50/cwt237.50–237.501,0575
BullsLarge 11200–12501,200184.00/cwt184.00–184.002,2081
BullsLarge 1Fancy1200–12501,220190.00/cwt190.00–190.002,3184
BullsLarge 11250–13001,254160.00/cwt160.00–160.002,0064
BullsLarge 11300–13501,345155.00/cwt155.00–155.002,0851
SteersLarge 1700–750722263.00/cwt263.00–263.001,8993
BullsMedium 1850–900897217.50/cwt217.50–217.501,9513
BullsMedium 1750–800750227.50/cwt227.50–227.501,7065
Stock CowsMedium 1Thin Fleshed790175.00/cwt175.00–175.001,3831
Stock CowsMedium 1876155.00/cwt155.00–155.001,3584
SteersMedium 1-2450–500473305.00/cwt305.00–305.001,4432
HeifersMedium 1-2400–450436292.50/cwt292.50–292.501,2755
SteersMedium and Large 2750–800763224.59/cwt218.00–228.001,7143
HeifersMedium and Large 2500–550514266.31/cwt261.00–277.001,36919
HeifersMedium and Large 2550–600580257.50/cwt257.50–257.501,4942
SteersMedium and Large 2600–650634230.37/cwt230.00–231.001,4618
BullsMedium 1800–850849219.00/cwt219.00–219.001,8597
Stock CowsMedium 1755196.02/cwt191.00–215.001,4805
HeifersMedium and Large 1Full550–600562288.00/cwt288.00–288.001,6193

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.