Sale reports / Montana / Billings Livestock Commission / 2024-06-27

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Jun 27
● Final61 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
201 head
▼ 46 vs last sale 247▲ 19 vs year ago 182 · +10.4%
Slaughter Cattle receipts
535 head
▲ 133 vs last sale 402▲ 67 vs year ago 468 · +14.3%
Replacement Cattle receipts
148 head
▼ 546 vs last sale 694▼ 116 vs year ago 264 · −43.9%
Also sold here(Mon)Mon Nov 2, 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 good for light offerings. Quality was mostly plain to average today. Most feeders were offered in small groups or as singles. Buyers showed very good demand for limited feeders as they tried to fill loads to end out the week. Market activity was mostly moderate to active with several buyers actively bidding on limited offerings. Weigh up cows sold on good to very good demand for moderate offerings. Additional packer buyers were in the market this week trying to secure enough offerings for harvest both this week and next. Slaughter cows sold sharply higher as a result. Breaking and boning cows sold mostly 6.00-9.00 higher. Lean cows sold mostly 3.00-6.00 higher. Buyers searching for feeding cows were forced to pay significantly higher money for offerings as they tried to buy cows away from packers. Feeding cows sold mostly 6.00-8.00 higher. Several sets of thin fleshed cows were purchased to hold for the upcoming 4th of July holiday these cows were included in slaughter cows as the holiday is next week. Quality was mostly average to attractive this sale. Weigh up conditions were mostly average to above average. Slaughter bulls sold mostly 2.00-6.00 higher. Bull quality this sale was average to attractive. Young age cows suitable to feed or rebreed sold 5.00-10.00 lower. Quality was mostly average to attractive, however fewer takers were seen for this class of cow. Fewer buyers looking for rebreed offerings were seen this sale as most of the rebreeds from this point on will be April and later calving.

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $301.00/cwt on 9 head. That ranks 1 of 23 comparable sales and sits −110.62 against this barn's trailing median of $411.62.
Average price
$301.00
9 head · 564 lb average
Value per head Derived
$1,698
Price × average weight ÷ 100
Grade differential Derived
$30
per head · Medium and Large 1 over Medium and Large 1-2
$19.50/cwt at this weight
vs the market
+9.32
vs MT average
+31.72 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1555307.501,7076thin
Medium and Large 1-2582288.001,6763thin
One grade step is worth $19.50/cwt here — about $30 a head. Across this sale the premium is widest at 500–600 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 500–600 lb

Same class and week · spot auction only
This sale9 hd
301.00
—
MT average3 barns · 49 hd
291.68
+9.32
National average153 barns · 8,958 hd
269.28
+31.72
This barn, trailing median23 sales
411.62
−110.62
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

This barn's trailing prices 500–600 lb

23 sales
483428373319median 411.6203/0504/3006/1109/2410/29
Heifers 500–600 lb: high $469.35, low $332.50, median $411.62 across 23 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

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
Bulls—High1,807167.933,03461
CowsBreaker 75-80%Average1,574148.812,34245
CowsBoner 80-85%Low1,350147.941,997275
CowsLean 85-90%High1,051131.151,37971
Dairy Bulls—Low1,683132.412,2282thin

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)1,295$2,1916
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,263$1,9655
Cow-Calf PairsOpenYoung (2-4 yrs)1,197$2,9256
Cow-Calf PairsOpenMiddle Aged/Aged (>5 yrs)1,553$2,6855
Cow-Calf PairsOpenAged (>8 yrs)1,365$2,50711
Heifer PairsOpen(<2 yrs)1,555$3,0002thin

Every lot

61 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. Grouped by class and set lightest first; USDA files them in sale-ring order.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers9 lots · lightest first
Steers450–500Medium and Large 2478312.50/cwt312.50–312.501,4943
Steers600–650Medium 2623199.00/cwt199.00–199.001,2407
Steers650–700Medium and Large 1Unweaned658290.00/cwt290.00–290.001,90812
Steers700–750Medium and Large 1712281.00/cwt281.00–281.002,0019
Steers700–750Medium and Large 1-2725268.51/cwt267.50–269.001,9473
Steers750–800Medium and Large 1-2780239.56/cwt235.00–244.001,8692
Steers750–800Medium and Large 1790259.00/cwt259.00–259.002,0462
Steers800–850Medium and Large 1808262.00/cwt262.00–262.002,1175
Steers850–900Medium and Large 1868252.60/cwt248.00–262.002,1933
Feeder Cattle · Heifers10 lots · lightest first
Heifers400–450Medium and Large 1-2418322.50/cwt322.50–322.501,3487
Heifers450–500Medium and Large 1-2498312.00/cwt312.00–312.001,55412
Heifers550–600Medium and Large 1Unweaned555307.50/cwt307.50–307.501,7076
Heifers550–600Medium and Large 1-2582288.00/cwt288.00–288.001,6763
Heifers600–650Medium and Large 1-2639258.38/cwt258.00–260.001,6515
Heifers650–700Medium and Large 1691262.00/cwt262.00–262.001,8104
Heifers700–750Medium and Large 1715260.96/cwt253.00–264.001,8666
Heifers750–800Medium and Large 1755245.00/cwt245.00–245.001,8502
Heifers850–900Medium and Large 1868224.27/cwt223.00–232.001,94714
Heifers900–950Medium and Large 1947214.00/cwt214.00–214.002,0277
Feeder Cattle · Bulls3 lots · lightest first
Bulls550–600Medium and Large 1-2579268.00/cwt268.00–268.001,5527
Bulls600–650Medium and Large 1-2620275.00/cwt275.00–275.001,7052
Bulls1100–1150Medium and Large 11,133197.00/cwt197.00–197.002,2324
Slaughter Cattle · Bulls7 lots · lightest first
Bulls——Return to Feed1,303139.97/cwt137.00–146.001,8243
Bulls——Return to Feed1,507160.92/cwt151.00–173.002,42513
Bulls——Return to Feed1,536178.35/cwt174.00–182.002,7396
Bulls——1,885162.51/cwt153.00–174.003,06319
Bulls——Natural1,995143.00/cwt143.00–143.002,8531
Bulls——Natural2,010180.90/cwt178.00–184.003,6362
Bulls——2,098180.55/cwt174.00–190.003,78817
Slaughter Cattle · Cows18 lots · lightest first
Cows—Lean 85-90%Light Weight803117.43/cwt112.00–125.0094316
Cows—Lean 85-90%1,005102.50/cwt102.50–102.501,0301
Cows—Lean 85-90%1,089120.50/cwt115.00–123.001,3124
Cows—Lean 85-90%Return to Feed1,093125.72/cwt119.00–129.001,3748
Cows—Lean 85-90%Return to Feed1,104134.86/cwt131.00–136.001,48912
Cows—Lean 85-90%1,114137.60/cwt133.00–140.001,53314
Cows—Lean 85-90%Return to Feed1,154142.31/cwt141.00–147.001,6427
Cows—Lean 85-90%1,197144.60/cwt143.00–149.001,7319
Cows—Boner 80-85%1,288141.58/cwt135.00–145.001,82454
Cows—Boner 80-85%1,327151.24/cwt146.00–158.002,00798
Cows—Boner 80-85%1,353135.34/cwt135.00–136.001,8313
Cows—Boner 80-85%Return to Feed1,373134.00/cwt134.00–134.001,8403
Cows—Boner 80-85%Return to Feed1,389142.86/cwt139.00–145.001,98416
Cows—Boner 80-85%Return to Feed1,398149.72/cwt146.00–154.502,093101
Cows—Breaker 75-80%Return to Feed1,520153.50/cwt153.50–153.502,3335
Cows—Breaker 75-80%1,551153.48/cwt149.00–158.502,38023
Cows—Breaker 75-80%1,591136.00/cwt136.00–136.002,1645
Cows—Breaker 75-80%1,634143.23/cwt141.00–146.502,34012
Slaughter Cattle · Dairy Bulls1 lot · lightest first
Dairy Bulls——1,683132.41/cwt131.00–134.002,2282
Replacement Cattle · Cow-Calf Pairs5 lots · lightest first
Cow-Calf Pairs—Medium 11,1242,850.00/head2,850.00–2,850.002,8505
Cow-Calf Pairs—Medium and Large 1-2Thin Fleshed1,1801,850.00/head1,850.00–1,850.001,8503
Cow-Calf Pairs—Medium and Large 1Broken Mouth1,4352,753.27/head2,675.00–2,800.002,7538
Cow-Calf Pairs—Medium and Large 11,5532,685.00/head2,685.00–2,685.002,6855
Cow-Calf Pairs—Medium and Large 11,5603,300.00/head3,300.00–3,300.003,3001
Replacement Cattle · Heifer Pairs1 lot · lightest first
Heifer Pairs—Medium and Large 11,5553,000.00/head3,000.00–3,000.003,0002
Replacement Cattle · Stock Cows5 lots · lightest first
Stock Cows—Medium and Large 1-2830195.00/cwt195.00–195.001,6193
Stock Cows—Medium and Large 11,024178.39/cwt150.00–199.001,82738
Stock Cows—Large 11,060167.50/cwt167.50–167.501,7761
Stock Cows—Medium and Large 1-21,090141.80/cwt138.00–151.001,5463
Stock Cows—Medium and Large 11,169153.05/cwt144.00–172.501,78910
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 11,2631,965.23/head1,900.00–2,010.001,9655
Bred Cows—Medium and Large 11,2952,191.28/head2,150.00–2,200.002,1916

This sale against other markets

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.