Sale reports / Montana / Billings Livestock Commission / 2024-12-12

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Dec 12
● Final145 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
2,928 head
3,234 vs last sale 6,162 1,058 vs year ago 1,870 · +56.6%
Slaughter Cattle receipts
551 head
347 vs last sale 204 264 vs year ago 287 · +92.0%
Replacement Cattle receipts
528 head
437 vs last sale 91 305 vs year ago 223 · +136.8%
Also sold here(Mon)Thu Apr 16, 2026
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Reporter comment USDA

As filed

Compared to last week: Feeder steer calves under 450 lbs were too lightly tested to develop an accurate market trend, however steady to weak undertones were noticed on a lower quality offering. Steers 450-500 lbs sold mostly 10.00 higher, steers 500-649 lbs steers sold generally steady; steers over 650 lbs were too lightly tested to develop an accurate market trend, however higher undertones were noticed. Heifer calves under 400 lbs were too lightly tested to develop an accurate market trend, however steady undertones were noticed. Heifers 400-550 lbs sold mostly 3.00-10.00 higher; heifer calves over 550 lbs sold mostly steady to 5.00 lower. Yearling steers and heifers were too lightly tested to develop an accurate market trend, however higher undertones were noticed. Demand was mostly good to very good for all calves on offer. Offerings were moderate. Quality today was mixed from plain to very attractive. A slightly smaller buyer pool was on hand for todays sale compared to last week, however despite fewer buyers, participation was good with many bidders actively bidding on offering. A few farmer feeders were in the stands again this week. Several were looking for heifers to develop into replacements. Package sizes varied greatly again this week. Fewer load lots were seen, however buyers were content to piece together loads as demand remains good to very good for all offerings. Demand for light weight calves suitable to go to grass was very good again today. The best demand for calves to go to grass was for 400-550 lbs for steers and 375-525 lbs for heifers. Market activity was active this sale with buyers rapidly bidding on offerings. Weigh up cows sold on moderate demand and heavy offerings. Slaughter cows sold mostly 3.00-5.00 higher on all classes in a narrow comparison. Feeding cows sold with the best demand again this week. Feeding cows sold with steady to 3.00 higher undertones. Slaughter bulls were too lightly tested to develop an accurate market trend, steady to higher undertones were noticed. Young age cows suitable to feed or rebreed were too lightly tested last week to develop an accurate market trend, however higher undertones were noticed on a higher quality offering. Quality was mostly average to very attractive today. Over 100 head of 1 iron home raised cows sold all off one ranch and these offerings sold with very good demand as quality was very attractive.

Weight class

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $308.32/cwt on 391 head. That ranks 1 of 21 comparable sales and sits 125.55 against this barn's trailing median of $433.86.
Average price
$308.32
391 head · 540 lb average
Value per head Derived
$1,666
Price × average weight ÷ 100
Grade differential Derived
$428
per head · Medium and Large 1 over Medium 2
$95.60/cwt at this weight
vs the market
+0.71
vs MT average
+28.02 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1537315.601,693332
Medium and Large 1-2560284.601,59431
Large 1570277.501,5821thin
Medium 1554276.461,53113thin
Medium 2575220.001,26514thin
One grade step is worth $95.60/cwt here — about $428 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.

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 sale391 hd
308.32
MT average3 barns · 651 hd
307.61
+0.71
National average188 barns · 25,726 hd
280.30
+28.02
This barn, trailing median21 sales
433.86
−125.55
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
BullsLow1,826137.032,50344
CowsBreaker 75-80%Low1,661120.241,99739
CowsBoner 80-85%High1,397111.521,558196
CowsLean 85-90%Very Low1,154110.161,271173
Dairy CowsBoner 80-85%High1,370122.001,6711thin
Dairy CowsLean 85-90%Low1,68789.001,5016thin

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/3rd Stage (4-9 mo)Young (2-4 yrs)1,228$2,4026
Bred Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)1,171$2,4004thin
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)1,120$2,0336
Bred Cows2nd/3rd Stage (4-9 mo)Aged (>8 yrs)1,571$1,8636
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged/Aged (>5 yrs)1,220$1,6752thin
Bred Heifers2nd/3rd Stage (4-9 mo)(<2 yrs)987$2,21811

Every lot, as filed

145 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 1Unweaned500–550521327.22/cwt317.50–331.001,70559
HeifersMedium and Large 1300–350326393.85/cwt382.50–405.001,28464
HeifersMedium and Large 1Unweaned450–500464338.36/cwt326.00–342.001,57030
HeifersMedium and Large 1Fleshy800–850849224.00/cwt224.00–224.001,9025
HeifersMedium and Large 11000–10501,037214.00/cwt214.00–214.002,2194
SteersMedium and Large 1Unweaned800–850807244.00/cwt244.00–244.001,9693
HeifersMedium and Large 1Unweaned600–650624269.39/cwt262.00–277.001,68178
Bred CowsMedium and Large 11,2352,500.00/head2,500.00–2,500.002,5003
BullsMedium and Large 1600–650614293.00/cwt293.00–293.001,79917
BullsMedium and Large 1Unweaned750–800762245.00/cwt245.00–245.001,8673
Bred CowsMedium and Large 1Broken Mouth1,5711,862.62/head1,860.00–1,875.001,8636
BullsMedium and Large 1750–800774234.00/cwt234.00–234.001,81111
SteersMedium and Large 1250–300285511.58/cwt505.00–512.501,4588
HeifersMedium and Large 1-2350–400364356.11/cwt352.50–370.001,29619
Stock CowsMedium and Large 1906214.38/cwt154.00–234.501,942306
BullsMedium and Large 1Unweaned550–600560310.00/cwt305.00–315.001,7362
Stock CowsMedium and Large 11,233124.00/cwt124.00–124.001,52920
Bred CowsMedium and Large 11,1712,400.00/head2,400.00–2,400.002,4004
SteersMedium and Large 1-2250–300295495.00/cwt495.00–495.001,4602
Stock CowsMedium and Large 1-21,125152.56/cwt131.00–180.001,7169
Stock CowsMedium and Large 1-21,039141.98/cwt114.00–175.001,4757
Bred CowsMedium and Large 11,1382,100.00/head2,100.00–2,100.002,1004
BullsMedium and Large 1-2600–650605294.00/cwt294.00–294.001,7793
HeifersMedium and Large 1-2900–950944226.09/cwt225.00–227.002,13411
HeifersMedium and Large 1-21000–10501,041207.76/cwt206.00–211.002,16318
HeifersMedium and Large 1-2450–500491316.83/cwt315.00–318.001,55610
SteersMedium and Large 1-2350–400391395.59/cwt395.00–400.001,5478
Stock CowsMedium and Large 11,108151.28/cwt123.00–201.001,676129
SteersMedium and Large 1-2400–450424384.16/cwt373.00–397.501,6297
BullsMedium and Large 1-2500–550545319.00/cwt319.00–319.001,7392
SteersMedium and Large 1-2550–600584306.00/cwt306.00–306.001,7879
HeifersMedium and Large 1-2700–750722246.00/cwt246.00–246.001,77613
HeifersMedium and Large 1-2500–550547295.89/cwt289.00–299.001,61916
Bred CowsMedium and Large 1-21,2202,303.69/head2,000.00–2,450.002,3043
Bred CowsMedium and Large 1-21,0851,898.16/head1,850.00–1,950.001,8982
SteersMedium and Large 1-2450–500458365.13/cwt343.00–373.001,67235
HeifersMedium and Large 1-2950–1000988218.00/cwt218.00–218.002,1546
HeifersMedium and Large 1-2Unweaned550–600583268.00/cwt268.00–268.001,5628
HeifersMedium and Large 1-2400–450431329.77/cwt320.00–335.001,42155
SteersMedium and Large 1-2Unweaned650–700687280.00/cwt280.00–280.001,9248
HeifersMedium and Large 1-2550–600564277.77/cwt267.00–286.001,5677
CowsLean 85-90%Light Weight93573.23/cwt65.00–81.006859
CowsBreaker 75-80%1,829118.09/cwt111.00–121.002,1605
CowsLean 85-90%Light Weight94088.59/cwt87.00–90.008332
CowsBoner 80-85%Return to Feed1,416128.08/cwt126.50–130.501,81416
CowsLean 85-90%1,210107.85/cwt104.00–110.501,3053
CowsLean 85-90%1,15977.89/cwt60.00–87.0090316
Bred HeifersMedium 1Non-Legible BANGS8981,900.00/head1,900.00–1,900.001,9006
HeifersMedium 1350–400369360.76/cwt355.00–362.501,33134
SteersMedium 1450–500465337.00/cwt337.00–337.001,5674
SteersMedium 1350–400376405.00/cwt405.00–405.001,52312
BullsLarge 1Fleshy1150–12001,180180.00/cwt180.00–180.002,1241
HeifersLarge 1600–650638258.00/cwt258.00–258.001,6462
HeifersLarge 1450–500499304.00/cwt304.00–304.001,51734
HeifersLarge 1400–450446316.31/cwt304.00–318.001,4118
HeifersLarge 1550–600570277.50/cwt277.50–277.501,5821
Stock CowsLarge 1955160.00/cwt160.00–160.001,5281
SteersLarge 1-2400–450441280.00/cwt280.00–280.001,2357
Bred CowsLarge 1-21,2201,675.00/head1,675.00–1,675.001,6752
Stock CowsLarge 11,050150.25/cwt130.00–175.001,5782
BullsLarge 1Fleshy1250–13001,280154.00/cwt154.00–154.001,9714
HeifersLarge 1Fleshy1150–12001,180185.00/cwt185.00–185.002,1834
SteersLarge 1700–750703270.00/cwt270.00–270.001,89812
CowsLean 85-90%1,13095.40/cwt88.00–100.001,0785
HeifersMedium 2550–600575220.00/cwt220.00–220.001,26514
HeifersMedium 2650–700692224.44/cwt220.00–226.001,55314
SteersMedium 1400–450444375.00/cwt375.00–375.001,6654
HeifersMedium 1500–550546288.00/cwt288.00–288.001,5727
HeifersMedium 1550–600563263.00/cwt263.00–263.001,4816
HeifersMedium 1Full400–450403322.50/cwt322.50–322.501,3003
HeifersMedium 1300–350314395.00/cwt395.00–395.001,24011
SteersMedium 1550–600592296.00/cwt296.00–296.001,75210
HeifersMedium and Large 1-2Fleshy850–900855215.00/cwt215.00–215.001,8381
SteersMedium and Large 1-2600–650648279.00/cwt279.00–279.001,8082
HeifersMedium and Large 1-2300–350321376.84/cwt365.00–385.001,2105
SteersMedium and Large 1-2Unweaned400–450441371.35/cwt365.00–380.001,6387
HeifersMedium 1400–450428344.00/cwt344.00–344.001,4725
HeifersMedium 1Full450–500486262.50/cwt262.50–262.501,2769
BullsMedium and Large 1Unweaned600–650642280.00/cwt280.00–280.001,7985
HeifersMedium and Large 1350–400371372.54/cwt360.00–390.001,38214
HeifersMedium and Large 1900–950917246.13/cwt238.00–247.002,25731
BullsMedium and Large 11000–10501,020219.00/cwt219.00–219.002,23417
HeifersMedium and Large 1-2800–850840242.00/cwt242.00–242.002,0338
HeifersMedium and Large 2700–750708230.00/cwt230.00–230.001,6285
SteersMedium and Large 1750–800774265.66/cwt262.00–266.002,05634
SteersMedium and Large 1400–450424414.19/cwt400.00–440.001,75634
HeifersMedium and Large 1Unweaned350–400390371.00/cwt371.00–371.001,4475
HeifersMedium and Large 1Unweaned700–750730242.00/cwt242.00–242.001,7671
HeifersMedium and Large 1Unweaned400–450412358.14/cwt350.00–365.001,47610
Bred HeifersMedium and Large 11,0942,600.00/head2,600.00–2,600.002,6005
SteersMedium and Large 1450–500465393.55/cwt365.00–411.001,830203
SteersMedium and Large 1600–650613312.62/cwt299.00–318.001,916111
SteersMedium and Large 1Unweaned750–800751276.00/cwt276.00–276.002,0735
SteersMedium and Large 1Unweaned600–650616307.43/cwt299.00–313.501,89486
HeifersMedium and Large 1500–550525317.46/cwt311.00–325.001,667112
SteersMedium and Large 1550–600581318.97/cwt308.50–330.001,85358
SteersMedium and Large 1500–550531346.97/cwt339.00–357.001,842102
SteersMedium and Large 1800–850833262.00/cwt262.00–262.002,1826
SteersMedium and Large 1Full450–500470340.00/cwt340.00–340.001,5984
HeifersMedium and Large 1750–800783239.00/cwt239.00–239.001,8719
SteersMedium and Large 1Unweaned400–450431383.97/cwt380.00–385.001,65515
HeifersMedium and Large 1650–700660259.33/cwt255.00–265.001,71230
BullsMedium and Large 1300–350341455.00/cwt455.00–455.001,55233
BullsMedium and Large 1550–600589305.88/cwt301.00–309.001,80219
SteersMedium and Large 1Full500–550530336.00/cwt336.00–336.001,78126
SteersMedium and Large 1650–700691285.94/cwt285.50–289.001,97623
SteersMedium and Large 1Unweaned650–700678290.54/cwt287.00–291.001,97044
SteersMedium and Large 1Unweaned500–550525359.29/cwt359.00–361.001,88640
SteersMedium and Large 1300–350329482.28/cwt462.50–515.001,5875
SteersMedium and Large 1Unweaned450–500486380.23/cwt377.00–390.001,84819
HeifersMedium and Large 1450–500465338.46/cwt325.00–347.501,57491
HeifersMedium and Large 1Unweaned550–600589277.92/cwt275.00–284.001,63715
HeifersMedium and Large 1Replacement500–550530322.00/cwt322.00–322.001,707103
HeifersMedium and Large 1Unweaned650–700668250.73/cwt244.00–259.001,67511
SteersMedium and Large 1Unweaned550–600556333.60/cwt320.00–341.001,85525
HeifersMedium and Large 1400–450411358.25/cwt344.00–375.001,472136
SteersMedium and Large 1350–400375435.25/cwt432.50–447.501,63223
HeifersMedium and Large 1600–650639268.05/cwt265.00–269.001,71331
HeifersMedium and Large 11150–12001,175191.00/cwt191.00–191.002,2443
HeifersMedium and Large 1700–750714242.22/cwt240.00–243.001,72920
HeifersMedium and Large 1550–600585292.59/cwt276.00–309.001,71243
SteersMedium and Large 1Unweaned250–300290510.00/cwt510.00–510.001,4791
SteersMedium and Large 1850–900895254.00/cwt254.00–254.002,27312
SteersMedium and Large 1700–750721288.36/cwt279.00–294.002,07911
SteersMedium and Large 1Unweaned350–400363450.00/cwt450.00–450.001,6342
SteersMedium and Large 1Unweaned700–750707290.70/cwt277.50–293.002,05530
BullsMedium and Large 1350–400382425.00/cwt425.00–425.001,62470
BullsMedium and Large 1500–550532323.78/cwt321.00–325.001,72319
Dairy CowsLean 85-90%1,68789.00/cwt89.00–89.001,5016
CowsLean 85-90%Return to Feed1,210128.48/cwt126.00–132.501,55553
Bulls1,962138.04/cwt125.00–144.002,70826
CowsBoner 80-85%1,51992.53/cwt87.00–102.001,40614
CowsBoner 80-85%1,506110.51/cwt104.00–118.001,66410
CowsBreaker 75-80%Return to Feed1,694122.00/cwt122.00–122.002,0678
CowsBreaker 75-80%Return to Feed1,530134.50/cwt134.50–134.502,0581
CowsBreaker 75-80%Return to Feed1,558116.26/cwt111.50–118.501,81116
CowsLean 85-90%Return to Feed1,192120.56/cwt114.00–123.501,43714
CowsLean 85-90%Return to Feed1,137108.12/cwt95.00–112.501,22971
CowsBreaker 75-80%1,734125.34/cwt124.00–127.002,1739
Dairy CowsBoner 80-85%1,370122.00/cwt122.00–122.001,6711
CowsBoner 80-85%Return to Feed1,369119.32/cwt113.00–125.001,63359
CowsBoner 80-85%Return to Feed1,383106.89/cwt91.00–116.501,47897
BullsLight Weight1,385144.00/cwt144.00–144.001,9941
BullsLight Weight1,335119.00/cwt119.00–119.001,5891
BullsReturn to Feed1,664136.08/cwt126.00–142.002,26416

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.