Sale reports / Montana / Billings Livestock Commission / 2024-10-17

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Oct 17
● Final101 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
4,775 head
1,795 vs last sale 2,980 869 vs year ago 3,906 · +22.2%
Slaughter Cattle receipts
193 head
74 vs last sale 267 28 vs year ago 221 · 12.7%
Replacement Cattle receipts
65 head
79 vs last sale 144 97 vs year ago 162 · 59.9%
Also sold here(Mon)Thu Apr 16, 2026
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Reporter comment USDA

As filed

Compared to last sale: Feeder steer calves sold mostly steady to 5.00 higher, with the exception of 500-549 lbs steers which sold steady to 5.00 lower. Heifer calves under 450 lbs sold mostly 5.00 higher, heifer calves over 450 lbs sold steady to 5.00 higher. Yearling steers and heifers were too lightly tested either this week or last to develop an accurate market trend, however higher undertones were noticed on a larger offering. Demand was mostly good on both yearlings and calves. Offerings were moderate. Lots of packages of calves sold today with lots of quality variation seen. Demand did improve as the sale progressed and more buyers started loads. CME positions traded near steady today with the front two months selling firm and the differed months trading weak. Quality today was mixed from plain to attractive. Most load lots on offer today were yearling cattle. Market activity was mostly active this sale. A large buyer pool was noticed again this week with many bidders seen both ringside as well as over the internet. Weigh up cows sold on moderate to good demand for light offerings. Most cows were pushing heavy amounts of fill today. Fleshy breaking cows sold with the best demand as both feeding and slaughter buyers competed over these offerings. Slaughter cows were too lightly tested to develop an accurate market trend, however higher undertones were noticed on limited offerings. Feeding cows sold mostly steady to 5.00 higher. Cow and bull quality was plain to average. Weigh up conditions were mostly below average today. Bull quality this sale was mostly average. Slaughter bulls sold mostly steady to 3.00 higher. Young age cows suitable to feed or rebreed were too lightly tested to develop any market trend. Quality was mostly plain to average today.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $297.43/cwt on 766 head. That ranks 1 of 21 comparable sales and sits 190.35 against this barn's trailing median of $487.78.
Average price
$297.43
766 head · 541 lb average
Value per head Derived
$1,610
Price × average weight ÷ 100
Grade differential Derived
$340
per head · Medium and Large 1 over Medium and Large 2
$50.32/cwt at this weight
vs the market
1.42
vs MT average
1.90 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1542300.321,627652
Medium and Large 1-2534286.271,52991
Medium 1597270.001,61211thin
Medium and Large 2515250.001,28812thin
One grade step is worth $50.32/cwt here — about $340 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
540488436384median 487.7812/1802/0504/0205/1406/18
Steers 500–600 lb: high $525.97, low $398.08, median $487.78 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 sale766 hd
297.43
MT average5 barns · 2,175 hd
298.85
−1.42
National average188 barns · 32,793 hd
299.33
−1.90
This barn, trailing median21 sales
487.78
−190.35
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
BullsLow1,714139.272,38750
CowsBreaker 75-80%High1,716138.282,37320
CowsBoner 80-85%Low1,354121.881,65049
CowsLean 85-90%Very Low1,170102.271,19745

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 Cows1st Stage (1-3 mo)Young (2-4 yrs)1,233$2,1002thin

Every lot, as filed

101 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 11000–10501,043211.00/cwt211.00–211.002,20110
SteersMedium and Large 1700–750706274.00/cwt274.00–274.001,93435
BullsMedium and Large 1Unweaned450–500451280.00/cwt280.00–280.001,2635
SteersMedium and Large 1Unweaned750–800783252.00/cwt252.00–252.001,9738
HeifersMedium and Large 1850–900864234.50/cwt234.50–234.502,02663
SteersMedium and Large 1Unweaned400–450425374.02/cwt354.00–400.001,590167
SteersMedium and Large 1Unweaned650–700662276.06/cwt266.00–285.001,828110
SteersMedium and Large 1Unweaned450–500467331.78/cwt314.00–356.001,549254
SteersMedium and Large 1Unweaned300–350327426.42/cwt415.00–432.501,39430
Bred CowsMedium and Large 11,2332,100.00/head2,100.00–2,100.002,1002
HeifersMedium and Large 1Unweaned400–450423319.37/cwt308.00–330.001,351158
SteersMedium and Large 1Unweaned600–650629284.09/cwt275.00–290.001,787118
HeifersMedium and Large 1500–550546265.00/cwt265.00–265.001,4479
HeifersMedium and Large 1Unweaned650–700662249.49/cwt247.00–250.001,65219
HeifersMedium and Large 1Unweaned350–400377338.69/cwt331.00–345.001,277127
Stock CowsMedium and Large 1-2970152.78/cwt142.00–167.501,4822
Bred CowsMedium and Large 1Broken Mouth1,447117.00/cwt117.00–117.001,6933
SteersMedium and Large 1Unweaned250–300277432.86/cwt432.50–450.001,19947
HeifersMedium and Large 1Unweaned600–650607258.25/cwt252.00–261.001,56847
HeifersMedium and Large 1Unweaned450–500481302.03/cwt293.00–310.501,453216
Stock CowsMedium and Large 1962156.03/cwt136.00–171.001,50135
SteersMedium and Large 1-2450–500467282.50/cwt282.50–282.501,3193
Stock CowsMedium and Large 1965184.07/cwt145.00–190.001,7769
HeifersMedium and Large 1Unweaned550–600570267.51/cwt261.00–273.501,525131
SteersMedium and Large 1Unweaned850–900857244.00/cwt244.00–244.002,0915
HeifersMedium and Large 1-2Unweaned450–500478278.87/cwt260.00–286.001,33342
HeifersMedium and Large 1-2Unweaned350–400374310.00/cwt310.00–310.001,1594
SteersMedium and Large 1-2Unweaned500–550534286.27/cwt275.00–294.001,52991
Stock CowsMedium and Large 1-2935143.73/cwt140.00–150.001,3449
SteersMedium and Large 1Unweaned700–750733255.76/cwt247.00–263.001,87517
HeifersMedium and Large 1Unweaned500–550517285.51/cwt270.00–295.001,476253
SteersMedium and Large 1-2850–900862242.50/cwt242.50–242.502,0903
SteersMedium and Large 1-2950–1000960225.00/cwt225.00–225.002,1602
SteersMedium and Large 1-2Unweaned350–400387362.57/cwt340.00–387.501,40377
SteersMedium and Large 1-2750–800763249.89/cwt247.00–250.001,90756
SteersMedium and Large 1-2Unweaned200–250248445.00/cwt445.00–445.001,1046
HeifersMedium and Large 1-2400–450410310.00/cwt310.00–310.001,2714
BullsMedium and Large 1-2Unweaned350–400373375.00/cwt375.00–375.001,3995
SteersMedium and Large 1-2Unweaned250–300287421.63/cwt420.00–425.001,2103
HeifersMedium and Large 1-2Unweaned300–350346330.76/cwt330.00–335.001,14426
SteersMedium and Large 1-2Unweaned400–450432348.00/cwt348.00–348.001,50320
SteersMedium and Large 1-2Unweaned450–500493292.45/cwt285.00–295.001,44294
HeifersMedium and Large 1-2Unweaned400–450444294.55/cwt293.00–305.001,30864
SteersMedium and Large 1-2Unweaned300–350338384.93/cwt382.50–410.001,30136
CowsBreaker 75-80%1,925146.50/cwt146.50–146.502,8205
CowsBreaker 75-80%1,733132.00/cwt132.00–132.002,2883
CowsBreaker 75-80%Return to Feed1,601137.00/cwt137.00–137.002,19311
CowsBoner 80-85%Return to Feed1,370113.17/cwt108.00–115.501,55014
BullsReturn to Feed1,629134.80/cwt132.00–139.002,19623
Bulls1,816141.11/cwt135.00–144.002,56321
CowsLean 85-90%1,19887.00/cwt87.00–87.001,0426
CowsLean 85-90%1,11595.21/cwt93.00–97.001,06210
CowsLean 85-90%Light Weight99887.00/cwt87.00–87.008684
Bulls1,679150.00/cwt150.00–150.002,5196
CowsLean 85-90%Return to Feed1,215109.18/cwt91.00–116.001,32722
CowsLean 85-90%Return to Feed1,202126.00/cwt126.00–126.001,5153
HeifersLarge 11000–10501,045208.00/cwt208.00–208.002,1742
HeifersLarge 11250–13001,266192.00/cwt192.00–192.002,4315
HeifersLarge 1900–950908235.75/cwt235.75–235.752,14188
CowsBreaker 75-80%Return to Feed1,890130.00/cwt130.00–130.002,4571
CowsBoner 80-85%Return to Feed1,395141.00/cwt141.00–141.001,9671
CowsBoner 80-85%Return to Feed1,346124.90/cwt116.00–132.001,68134
HeifersLarge 1Full1050–11001,096190.00/cwt190.00–190.002,0825
SteersLarge 11100–11501,120215.25/cwt215.25–215.252,41124
SteersLarge 1850–900862244.00/cwt244.00–244.002,10313
HeifersLarge 1750–800764241.00/cwt241.00–241.001,8415
HeifersLarge 1950–1000999222.00/cwt222.00–222.002,21818
HeifersLarge 11050–11001,051207.75/cwt205.00–210.002,18310
HeifersMedium 1Unweaned400–450433303.89/cwt300.00–307.501,31634
SteersMedium 1Unweaned550–600597270.00/cwt270.00–270.001,61211
HeifersMedium 1Unweaned450–500473282.00/cwt282.00–282.001,3342
SteersMedium 1-2Unweaned400–450449312.50/cwt312.50–312.501,40310
SteersMedium 2Unweaned400–450436260.00/cwt260.00–260.001,13413
BullsLarge 1Fleshy1200–12501,210160.00/cwt160.00–160.001,9363
SteersMedium and Large 2Unweaned400–450431290.00/cwt290.00–290.001,2507
SteersMedium and Large 1Unweaned500–550525305.66/cwt294.50–313.001,605328
SteersMedium and Large 1850–900850254.00/cwt254.00–254.002,1591
SteersMedium and Large 1Unweaned350–400371403.35/cwt390.00–417.501,496112
HeifersMedium and Large 1600–650625259.25/cwt258.00–264.001,62014
HeifersMedium and Large 1750–800752243.75/cwt242.00–246.001,83348
SteersMedium and Large 1950–1000974240.00/cwt236.50–240.252,338245
SteersMedium and Large 1600–650643280.00/cwt280.00–280.001,80025
SteersMedium and Large 1800–850843257.06/cwt253.00–258.002,167106
SteersMedium and Large 1Unweaned550–600565293.53/cwt287.00–298.751,658293
HeifersMedium and Large 1Unweaned300–350310363.93/cwt347.50–370.001,12824
SteersMedium and Large 1450–500470321.41/cwt306.00–343.001,51123
SteersMedium and Large 11000–10501,011218.00/cwt218.00–218.002,2044
SteersMedium and Large 1500–550502308.00/cwt308.00–308.001,54631
SteersMedium and Large 1Fancy600–650633300.00/cwt300.00–300.001,8994
SteersMedium and Large 1750–800762258.00/cwt258.00–258.001,96619
SteersMedium and Large 2Unweaned450–500490260.00/cwt260.00–260.001,2745
HeifersMedium and Large 2Unweaned400–450429283.79/cwt282.50–285.001,21710
HeifersMedium and Large 1-2Unweaned500–550536267.00/cwt267.00–267.001,4316
SteersMedium and Large 1-2Unweaned600–650633267.36/cwt262.00–268.001,6929
SteersMedium and Large 1Fleshy650–700692257.00/cwt257.00–257.001,77811
HeifersMedium and Large 1Unweaned250–300287383.15/cwt381.00–390.001,10023
HeifersMedium 1600–650646245.00/cwt245.00–245.001,5837
HeifersMedium 1Unweaned350–400372313.00/cwt313.00–313.001,16413
HeifersMedium 1Thin Fleshed650–700691255.00/cwt255.00–255.001,76222
SteersMedium 1650–700688265.00/cwt265.00–265.001,8234
SteersMedium and Large 2Unweaned500–550515250.00/cwt250.00–250.001,28812

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.