Sale reports / Montana / Billings Livestock Commission / 2025-04-03

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Apr 3
● Final103 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
4,086 head
3,827 vs last sale 259 880 vs year ago 4,966 · 17.7%
Slaughter Cattle receipts
86 head
160 vs last sale 246 19 vs year ago 105 · 18.1%
Replacement Cattle receipts
75 head
220 vs last sale 295 97 vs year ago 172 · 56.4%
Also sold here(Mon)Thu Apr 16, 2026
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Reporter comment USDA

As filed

Compared to last sale (3/20/25): Feeder steer and heifer calves were all too lightly tested last sale to develop an accurate market trend, however higher to sharply higher undertones were noticed on all feeder cattle offerings. Demand was mostly very good for heavy offerings. Quality this week was mixed from average to very attractive. Many long strings of feeders were seen today for todays Spring N.I.L.E. feeder cattle special. Many set of backgrounded cattle were seen this week. Some cattle were developed specifically for grass and were in very light to light flesh. Buyers showed very good demand for thin fleshed cattle which they planned on running on grass. Package sizes were mixed this week however, a large portion of the offering was comprised of load lots and partial load lots. Buyers took cattle up to 700 lbs for steers and 625 lbs for heifers to go to grass. Cattle too big to go to grass sold on good to very good demand as well. Order buyers, buying for packers, were active in buying many of these offerings, especially heifers. Demand for heifers too big to go to grass was very good as quality was very attractive. Many sets of heifers were advertised as replacement quality and demand from feeding buyers and replacement buyers pushed all heifers higher. Market activity was active this sale with bidders both ringside and over the internet actively bidding on offerings. Weigh up cows sold on good demand for light offerings. Regional packers and major packers continue to push to own high quality offerings. Major packers purchased cows mostly to feed while regional packers purchased cows to slaughter. Demand for both slaughter and feeding cows was good this week. Slaughter cows sold steady to 3.00 higher on breaking and boning cows. Lean cows were too lightly tested to develop an accurate market trend, as most offerings were purchased by feeding buyers; higher undertones were noticed. Feeding cows sold steady to 3.00 higher on boning flesh cows. Lean fleshed feeding cows sold 4.00-6.00 higher in a narrow comparison. Weigh up conditions were mostly average today. Slaughter bulls sold mostly steady to 2.00 higher in a narrow comparison. Young age cows suitable to feed or rebreed sold generally steady to firm in a narrow comparison. Quality this week was mostly average.

Weight class

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $348.64/cwt on 362 head. That ranks 3 of 21 comparable sales and sits 85.22 against this barn's trailing median of $433.86.
Average price
$348.64
362 head · 556 lb average
Value per head Derived
$1,938
Price × average weight ÷ 100
Grade differential Derived
$259
per head · Medium and Large 1 over Medium and Large 2
$46.21/cwt at this weight
vs the market
+3.86
vs MT average
+27.26 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1555356.441,979273
Medium and Large 1-2556327.511,82073
Medium 1586316.001,8525thin
Medium and Large 2555310.231,72011thin
One grade step is worth $46.21/cwt here — about $259 a head. Across this sale the premium is widest at 300–400 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 sale362 hd
348.64
MT average3 barns · 492 hd
344.78
+3.86
National average178 barns · 12,751 hd
321.38
+27.26
This barn, trailing median21 sales
433.86
−85.22
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
BullsAverage1,703168.132,86315
CowsBreaker 75-80%High1,634153.872,5144thin
CowsLean 85-90%Low1,208143.781,73726
CowsBoner 80-85%High1,433143.462,05531

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/2nd Stage (1-6 mo)Young (2-4 yrs)1,158$2,0508

Every lot, as filed

103 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 1-2600–650640307.85/cwt292.00–313.001,97027
HeifersMedium and Large 1-2700–750720277.46/cwt273.00–281.001,99816
HeifersMedium and Large 1-2750–800768268.00/cwt268.00–268.002,0586
HeifersMedium and Large 1-2800–850814256.04/cwt253.00–259.002,0844
Stock CowsMedium and Large 1-2920152.50/cwt152.50–152.501,4031
HeifersMedium and Large 1450–500463386.73/cwt378.00–395.001,79145
HeifersMedium and Large 1Replacement650–700698311.00/cwt311.00–311.002,17171
HeifersMedium and Large 1650–700664312.64/cwt304.00–315.252,076454
HeifersMedium and Large 1Replacement750–800760283.45/cwt280.00–287.002,15448
HeifersMedium and Large 1-2Fleshy750–800793255.00/cwt255.00–255.002,0223
HeifersMedium and Large 1600–650624323.01/cwt316.00–336.002,016586
BullsMedium and Large 1650–700697284.00/cwt284.00–284.001,9798
SteersMedium and Large 1900–950915272.23/cwt270.00–274.002,49116
SteersMedium and Large 1Thin Fleshed650–700650362.00/cwt362.00–362.002,35335
HeifersMedium and Large 1500–550538366.29/cwt347.50–372.001,97180
HeifersMedium and Large 1750–800767284.66/cwt277.50–287.502,18386
HeifersMedium and Large 1700–750717297.04/cwt284.00–300.502,130158
SteersMedium and Large 1Fleshy850–900877264.16/cwt261.00–267.002,31713
SteersMedium and Large 1850–900882279.78/cwt276.00–281.002,4688
HeifersMedium and Large 1400–450423399.10/cwt393.00–415.001,68829
HeifersMedium and Large 1550–600563352.75/cwt335.00–355.001,986187
SteersMedium and Large 1450–500467409.09/cwt407.50–412.501,91038
SteersMedium and Large 1650–700670329.84/cwt325.00–337.002,21032
BullsMedium and Large 1850–900860253.00/cwt253.00–253.002,1763
HeifersMedium and Large 1Replacement800–8508002,310.00/head2,310.00–2,310.002,31069
HeifersMedium and Large 1350–400389416.27/cwt415.00–420.001,6194
Bred CowsMedium and Large 1-29551,900.00/head1,900.00–1,900.001,9002
Stock CowsMedium and Large 1-2950189.50/cwt160.00–215.001,80014
SteersMedium and Large 1-2350–400373430.00/cwt430.00–430.001,6044
SteersMedium and Large 1-2700–750705303.11/cwt287.50–305.002,13752
SteersMedium and Large 1-2600–650619330.64/cwt327.00–340.002,04758
HeifersMedium and Large 1Replacement700–750715297.25/cwt293.50–299.002,12562
SteersMedium and Large 1-2550–600588326.42/cwt324.00–352.501,91946
SteersMedium and Large 1-2650–700671313.00/cwt313.00–313.002,10013
SteersMedium and Large 1-2800–850835274.49/cwt271.00–278.002,2928
SteersMedium and Large 1-2750–800785280.00/cwt280.00–280.002,1988
SteersMedium and Large 1-2500–550539377.56/cwt360.00–380.002,03546
HeifersMedium and Large 1-2650–700678293.46/cwt291.00–295.001,99023
HeifersMedium and Large 1-2300–350323407.00/cwt407.00–407.001,3152
HeifersMedium and Large 1-2550–600574321.96/cwt315.00–332.501,84842
HeifersMedium and Large 1-2400–450438375.00/cwt375.00–375.001,64313
HeifersMedium and Large 1-2450–500494350.40/cwt342.50–359.001,73114
HeifersMedium and Large 1-2500–550531335.04/cwt330.00–345.001,77931
SteersMedium and Large 1-2450–500475404.65/cwt400.00–405.001,92214
HeifersMedium and Large 1-2350–400389400.00/cwt400.00–400.001,5564
Bulls1,867178.92/cwt172.00–184.003,3405
BullsReturn to Feed1,417151.89/cwt138.00–157.002,1524
CowsBoner 80-85%Return to Feed1,408155.00/cwt155.00–155.002,1822
CowsBoner 80-85%Return to Feed1,384145.65/cwt143.00–152.002,01612
Bulls1,700157.99/cwt157.00–159.002,6862
Bulls2,220186.45/cwt185.00–188.004,1392
CowsBreaker 75-80%Return to Feed1,583157.00/cwt157.00–157.002,4852
BullsReturn to Feed1,350165.49/cwt165.00–166.002,2342
CowsLean 85-90%1,218120.62/cwt117.50–124.001,4693
CowsLean 85-90%1,275142.50/cwt142.50–142.501,8171
CowsLean 85-90%1,060101.00/cwt101.00–101.001,0711
CowsLean 85-90%Light Weight945127.00/cwt127.00–127.001,2001
SteersLarge 21050–11001,078231.00/cwt231.00–231.002,4905
CowsLean 85-90%Return to Feed1,232149.77/cwt142.00–151.501,84516
CowsLean 85-90%Return to Feed1,190152.38/cwt152.00–152.501,8134
CowsBoner 80-85%1,472142.69/cwt140.00–148.002,10015
CowsBoner 80-85%1,455124.55/cwt123.00–126.001,8122
CowsBreaker 75-80%1,685150.73/cwt150.50–151.002,5402
SteersLarge 1800–850831265.00/cwt265.00–265.002,2027
SteersLarge 1700–750703279.00/cwt279.00–279.001,9614
HeifersLarge 1600–650612312.00/cwt312.00–312.001,9093
HeifersLarge 1750–800780258.50/cwt258.50–258.502,01621
HeifersLarge 1800–850815252.00/cwt252.00–252.002,0543
BullsLarge 1-21200–12501,248187.50/cwt187.50–187.502,3402
HeifersMedium and Large 2500–550542322.50/cwt322.50–322.501,7488
SteersMedium and Large 2750–800763274.00/cwt274.00–274.002,0918
Stock CowsMedium 1900183.99/cwt162.50–208.001,6562
HeifersMedium 1550–600586316.00/cwt316.00–316.001,8525
SteersLarge 1600–650641324.38/cwt313.00–331.002,07917
HeifersLarge 1650–700697279.00/cwt279.00–279.001,9457
Stock CowsMedium and Large 11,238155.44/cwt153.00–158.001,9242
BullsMedium and Large 1Thin Fleshed600–650627346.00/cwt346.00–346.002,16911
SteersMedium and Large 1750–800770296.11/cwt289.50–303.502,280111
HeifersMedium and Large 1800–850822272.53/cwt267.00–277.002,24069
SteersMedium and Large 1700–750731309.53/cwt300.75–318.002,263161
SteersMedium and Large 1Fleshy950–1000974254.38/cwt252.00–256.002,47810
Bred CowsMedium and Large 11,2262,100.00/head2,100.00–2,100.002,1006
SteersMedium and Large 1600–650627351.19/cwt342.50–364.002,202266
SteersMedium and Large 1550–600580374.76/cwt357.00–387.002,174102
SteersMedium and Large 1400–450412446.63/cwt442.50–455.001,84012
SteersMedium and Large 1Fleshy900–950903260.00/cwt260.00–260.002,34816
SteersMedium and Large 1800–850809292.01/cwt280.00–293.502,36296
HeifersMedium and Large 1Fleshy700–750728278.49/cwt275.50–281.002,02722
HeifersMedium and Large 1Replacement700–7507132,100.00/head2,100.00–2,100.002,10028
HeifersMedium and Large 1Replacement750–8007592,275.00/head2,275.00–2,275.002,27531
SteersMedium and Large 1500–550526397.05/cwt391.00–411.002,088132
Stock CowsMedium and Large 11,075199.52/cwt160.00–233.002,14528
Bred CowsMedium and Large 11,463155.50/cwt155.50–155.502,2752
HeifersMedium and Large 1Fleshy500–550544340.00/cwt340.00–340.001,8506
Stock CowsMedium and Large 1960217.48/cwt186.00–241.002,0888
SteersMedium and Large 1Fleshy750–800776285.38/cwt283.00–288.002,21516
HeifersMedium and Large 1Fleshy750–800774266.00/cwt266.00–266.002,0599
HeifersMedium and Large 1Fleshy650–700675296.88/cwt292.50–299.002,00412
HeifersMedium and Large 1Fleshy600–650636312.29/cwt311.50–312.501,98672
HeifersMedium and Large 2550–600588277.50/cwt277.50–277.501,6323
HeifersMedium and Large 2350–400395362.00/cwt362.00–362.001,4306
SteersMedium and Large 2600–650628322.00/cwt322.00–322.002,0227
SteersMedium and Large 2650–700656284.00/cwt284.00–284.001,8637

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.