Sale reports / Montana / Billings Livestock Commission / 2024-10-31

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Oct 31
● Final111 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
4,598 head
1,557 vs last sale 3,041 1,144 vs year ago 3,454 · +33.1%
Slaughter Cattle receipts
209 head
83 vs last sale 292 25 vs year ago 234 · 10.7%
Replacement Cattle receipts
88 head
54 vs last sale 142 3 vs year ago 85 · +3.5%
Also sold here(Mon)Thu Apr 16, 2026
View

Reporter comment USDA

As filed

Compared to last sale: Feeder steer calves under 400 lbs sold generally steady, steer calves 400-499 lbs sold 5.00 to 12.00 higher, steer calves over 500 lbs sold generally steady. Heifer calves under 450 lbs sold mostly 5.00-10.00 higher, heifer calves 450-499 lbs sold fully steady, 500-599 lbs heifers sold generally steady to 5.00 lower; Heifer calves over 600 lbs were too lightly tested to develop an accurate market trend, however lower undertones were noticed. Yearling steers were too lightly tested to develop an accurate market trend, however steady undertones were noticed. Yearling heifers sold steady to 3.00 higher in a narrow comparison. Demand was mostly good on both yearling and calves. Offerings were moderate to heavy. Most yearlings sold in load lots today. Demand was good as a result. Many small packages of calves continue to be seen. No load lots of calves sold this week. Quality today was mostly average to attractive for calves and yearlings. Quality was more attractive this week compared to last week. Large packages of calves sold with the best demand while small packages sold with a discount. Market activity was mostly active this sale. Todays buyer pool was larger than last week. Bidding was active both ringside as well as over the internet. Weigh up cows sold on light demand and offerings. Most cows were pushing heavy amounts of fill today. Slaughter cows sold lower as all cows were extremely full. Feeding cows sold mostly with the best demand. Feeding cows sold mostly steady on like quality offerings. Cow and bull quality was plain. Many thin cows were seen this week. Slaughter bulls were too lightly tested to develop any market trend. Young age cows suitable to feed or rebreed were too lightly tested to develop an accurate market trend, however steady undertones were noticed. Quality was mostly plain to average today. Buyers were more reserved as they bid on young cows as they accounted for excess fill.

Weight class

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $268.92/cwt on 380 head. That ranks 1 of 21 comparable sales and sits 164.95 against this barn's trailing median of $433.86.
Average price
$268.92
380 head · 550 lb average
Value per head Derived
$1,479
Price × average weight ÷ 100
Grade differential Derived
$112
per head · Medium and Large 1 over Medium 1-2
$18.06/cwt at this weight
vs the market
3.36
vs MT average
+8.46 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1550272.061,496313
Medium and Large 1-2556254.431,41534
Medium 1-2545254.001,38433
One grade step is worth $18.06/cwt here — about $112 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 sale380 hd
268.92
MT average5 barns · 1,135 hd
272.28
−3.36
National average194 barns · 26,693 hd
260.46
+8.46
This barn, trailing median21 sales
433.86
−164.95
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
BullsLow1,806132.822,3996thin
CowsBreaker 75-80%Low1,730114.001,9721thin
CowsBoner 80-85%Average1,384109.841,52150
CowsLean 85-90%Very Low1,131103.781,174110

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 Stage (4-6 mo)Young (2-4 yrs)1,172$2,3504thin
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)1,042$1,9005
Bred Cows1st/2nd Stage (1-6 mo)Young/Middle Aged (2-8 yrs)1,128$1,8003thin

Every lot, as filed

111 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
SteersMedium and Large 1Unweaned700–750728260.00/cwt257.00–261.001,89343
HeifersMedium and Large 1950–1000986224.28/cwt224.25–225.002,21127
HeifersMedium and Large 1700–750732248.00/cwt248.00–248.001,81532
BullsMedium and Large 1Unweaned500–550503291.36/cwt280.00–297.001,4666
SteersMedium and Large 1Unweaned250–300292440.00/cwt440.00–440.001,2853
HeifersMedium and Large 1Unweaned600–650625247.91/cwt241.00–250.001,54960
SteersMedium and Large 1Unweaned750–800754245.00/cwt245.00–245.001,8475
BullsMedium and Large 1300–350312437.00/cwt437.00–437.001,36316
HeifersMedium and Large 1800–850818237.55/cwt236.25–241.001,943204
HeifersMedium and Large 11000–10501,033216.83/cwt216.50–218.002,2409
SteersMedium and Large 1800–850825259.50/cwt259.50–259.502,14168
SteersMedium and Large 1Unweaned500–550517313.90/cwt300.00–325.001,623132
BullsMedium and Large 1Unweaned200–250217480.00/cwt480.00–480.001,0423
HeifersMedium and Large 1850–900858237.10/cwt229.00–240.002,034195
SteersMedium and Large 1850–900861248.00/cwt248.00–248.002,13512
SteersMedium and Large 1Fleshy800–850818234.67/cwt232.00–236.001,9209
BullsMedium and Large 1Unweaned600–650616245.00/cwt245.00–245.001,5097
BullsMedium and Large 1Unweaned350–400385373.48/cwt345.00–394.001,43817
SteersMedium and Large 11000–10501,025228.96/cwt225.00–230.502,34730
HeifersMedium and Large 1-2Unweaned400–450433301.20/cwt293.00–312.501,30457
HeifersMedium and Large 1Full650–700660235.00/cwt235.00–235.001,5515
SteersMedium and Large 1Full650–700690245.00/cwt245.00–245.001,69110
SteersMedium and Large 1Full550–600597260.00/cwt260.00–260.001,5529
BullsMedium and Large 1450–500493303.00/cwt303.00–303.001,49410
HeifersMedium and Large 1750–800780244.08/cwt243.00–248.001,904119
HeifersMedium 1Thin Fleshed600–650629260.50/cwt260.50–260.501,639183
SteersMedium and Large 2Unweaned250–300296390.00/cwt390.00–390.001,1545
HeifersMedium and Large 2750–800795220.50/cwt220.50–220.501,75311
SteersMedium and Large 2350–400370350.00/cwt350.00–350.001,2959
HeifersMedium and Large 1-2Unweaned600–650608239.31/cwt236.00–241.001,45515
HeifersMedium and Large 1-2Unweaned500–550543257.11/cwt250.00–259.001,39624
SteersMedium 1Full450–500495281.00/cwt281.00–281.001,3917
SteersMedium 1Unweaned650–700694222.50/cwt222.50–222.501,5446
HeifersMedium 1Unweaned350–400380305.00/cwt305.00–305.001,1594
SteersMedium 1Unweaned400–450423340.00/cwt340.00–340.001,4385
SteersMedium 1Unweaned450–500492297.50/cwt297.50–297.501,46411
SteersMedium 1Unweaned350–400380372.50/cwt372.50–372.501,4167
HeifersMedium 1-2500–550545254.00/cwt254.00–254.001,38433
SteersMedium 1-2650–700652253.00/cwt253.00–253.001,6506
HeifersMedium 1Unweaned450–500466255.92/cwt250.00–274.001,19346
Stock CowsMedium 1828175.00/cwt175.00–175.001,4492
HeifersMedium 1750–800753226.50/cwt226.50–226.501,7066
HeifersMedium 1700–750746229.00/cwt229.00–229.001,7089
CowsLean 85-90%Return to Feed1,13786.00/cwt86.00–86.009788
CowsLean 85-90%Return to Feed1,156115.75/cwt111.00–122.501,33832
SteersLarge 1Unweaned650–700684251.00/cwt251.00–251.001,7175
BullsLarge 11200–12501,219185.00/cwt185.00–185.002,2555
HeifersMedium 1-2650–700684232.50/cwt232.50–232.501,5908
HeifersMedium 1-2600–650621247.00/cwt247.00–247.001,5349
CowsLean 85-90%Return to Feed1,116102.45/cwt95.00–112.001,14362
CowsLean 85-90%1,14686.72/cwt85.50–90.009945
CowsLean 85-90%1,14979.25/cwt77.50–82.009113
CowsBoner 80-85%Light Weight84095.00/cwt95.00–95.007981
CowsBoner 80-85%1,63097.00/cwt97.00–97.001,5811
CowsBoner 80-85%1,46891.63/cwt81.00–96.001,3455
Bulls1,638116.00/cwt116.00–116.001,9002
BullsReturn to Feed1,825134.00/cwt134.00–134.002,4461
Bulls1,912143.64/cwt143.00–145.002,7463
CowsBoner 80-85%Return to Feed1,334119.43/cwt113.00–125.001,59316
CowsBoner 80-85%Return to Feed1,410108.55/cwt99.00–114.501,53127
CowsBreaker 75-80%1,730114.00/cwt114.00–114.001,9721
SteersMedium and Large 1-2Unweaned550–600577279.06/cwt271.00–283.001,61069
SteersMedium and Large 1-2Unweaned400–450442343.85/cwt330.00–353.001,52017
SteersMedium and Large 1-2Unweaned600–650623263.06/cwt245.00–266.001,6397
BullsMedium and Large 1-2Unweaned550–600591247.00/cwt247.00–247.001,4606
SteersMedium and Large 1-2Unweaned200–250245440.00/cwt440.00–440.001,0781
SteersMedium and Large 1-2Unweaned500–550540290.49/cwt280.00–302.001,56949
SteersMedium and Large 1-2Unweaned650–700670256.00/cwt256.00–256.001,7153
SteersMedium and Large 1-2Unweaned450–500476311.53/cwt298.00–321.001,48318
BullsMedium and Large 2Unweaned400–450410290.00/cwt290.00–290.001,1893
HeifersMedium and Large 1-2800–850814229.80/cwt226.00–232.001,871115
HeifersMedium and Large 1-2900–950938215.00/cwt215.00–215.002,01724
HeifersMedium and Large 1-2750–800771238.00/cwt238.00–238.001,83539
SteersMedium and Large 1-2Unweaned300–350348385.00/cwt385.00–385.001,34016
BullsMedium and Large 1-2Unweaned450–500493312.50/cwt312.50–312.501,5413
HeifersMedium and Large 1-2Unweaned550–600587248.01/cwt246.00–250.001,45610
SteersMedium and Large 1-2750–800797247.50/cwt247.50–247.501,9736
SteersMedium and Large 1-2700–750707249.00/cwt249.00–249.001,7603
Bred CowsMedium and Large 11,0421,900.00/head1,900.00–1,900.001,9005
SteersMedium and Large 1-2Unweaned350–400362374.83/cwt362.00–382.501,35730
HeifersMedium and Large 1-2950–1000973213.00/cwt213.00–213.002,0724
HeifersMedium and Large 1-2850–900851237.00/cwt237.00–237.002,0179
HeifersMedium and Large 1-2Unweaned250–300290380.74/cwt370.00–392.001,10421
SteersMedium and Large 1Unweaned550–600575288.90/cwt282.00–297.001,661181
SteersMedium and Large 1Unweaned350–400389390.17/cwt385.00–399.001,518103
HeifersMedium and Large 1900–950912224.00/cwt224.00–224.002,04318
SteersMedium and Large 1Unweaned200–250241475.00/cwt475.00–475.001,1454
SteersMedium and Large 1Unweaned450–500476345.90/cwt324.00–359.001,646224
HeifersMedium and Large 1Unweaned350–400375351.54/cwt335.00–368.001,318178
HeifersMedium and Large 1Unweaned300–350326375.34/cwt367.00–377.501,22456
HeifersMedium and Large 1Unweaned400–450425329.02/cwt316.00–340.001,398192
SteersMedium and Large 1Unweaned400–450427375.56/cwt361.00–387.501,604162
HeifersMedium and Large 1Unweaned450–500488303.20/cwt297.00–315.001,48085
SteersMedium and Large 1Unweaned600–650623277.88/cwt258.00–288.001,731251
Stock CowsMedium and Large 11,025174.37/cwt165.00–195.001,78744
Bred CowsMedium and Large 11,535114.00/cwt114.00–114.001,7501
Bred CowsMedium and Large 11,1281,800.00/head1,800.00–1,800.001,8003
HeifersMedium and Large 1Unweaned500–550524279.06/cwt265.00–285.001,462132
HeifersMedium and Large 1Unweaned250–300288396.52/cwt385.00–404.001,14227
HeifersMedium and Large 1Unweaned550–600569266.96/cwt254.50–275.001,519181
Stock CowsMedium and Large 1-21,028148.38/cwt128.00–170.001,52510
Stock CowsMedium and Large 1-21,165129.76/cwt127.50–136.001,5124
Bred CowsMedium and Large 11,1722,350.00/head2,350.00–2,350.002,3504
HeifersMedium and Large 1Unweaned650–700667240.27/cwt236.00–244.001,60329
Stock CowsMedium and Large 11,094157.99/cwt145.00–175.001,7285
SteersMedium and Large 1Unweaned300–350322426.98/cwt420.00–435.001,37520
HeifersMedium and Large 1-2Unweaned650–700672238.00/cwt238.00–238.001,5995
HeifersMedium and Large 1-2Unweaned450–500474279.26/cwt255.00–295.001,32426
HeifersMedium and Large 1-2700–750706240.00/cwt240.00–240.001,69413
SteersMedium and Large 1Unweaned650–700669265.15/cwt253.00–272.001,77495
HeifersMedium and Large 1-2Unweaned350–400397326.15/cwt326.00–330.001,29525

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.