Sale reports / Montana / Billings Livestock Commission / 2025-09-11

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Sep 11
● Final71 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
319 head
▼ 1,018 vs last sale 1,337▲ 20 vs year ago 299 · +6.7%
Slaughter Cattle receipts
269 head
▼ 1 vs last sale 270▲ 4 vs year ago 265 · +1.5%
Replacement Cattle receipts
88 head
▲ 66 vs last sale 22▲ 27 vs year ago 61 · +44.3%
Also sold here(Mon)Mon Oct 26, 2026
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Reporter comment USDA

As filed

Compared to last sale: All feeder cattle were too lightly tested to develop any market trend. CME positions traded limit lower on Tuesday causing buyers since then to take pause as they bid on cattle. Too few offerings were seen today for buyers to build loads which also hindered demand. Additionally many offerings today were pushing heavy amounts of fill which also hindered demand. Demand was mostly light to moderate as a result. Offerings were light. Quality this week was mostly average. Market activity was moderate with fewer buyers in the stands this sale. Weigh up cows sold on good to very good demand for light offerings. Slaughter cows were to lightly tested to develop any market trend. Feeding demand was so strong packers only purchased very blemished cows for harvest. Many cows were extremely lame as even slightly lame cows were purchased to feed this week. Feeding cow demand was very good this sale. Feeding cows sold mostly steady to 5.00 higher in a narrow comparison. The largest increase in price came from lean cows which had freshly weaned calves. These cows had the most compensatory gain and buyers showed good demand for these offerings as a result. Weigh up conditions were mostly average to below average this week with most offerings pushing some fill. Cow quality was mostly average this sale. Slaughter bulls sold on mostly moderate demand for light to moderate offerings. Slaughter bulls sold 2.00-4.00 lower in a narrow comparison. Several packages of thin fleshed bulls continue to be purchased to feed. Feeding bulls sold mostly 3.00 lower. Young age cows suitable to feed or rebreed sold on mostly good to very good demand. Some older offerings are being purchased to rebreed for fall calving. Additionally, some cows are being sold as exposed and are bringing strong premiums to feeding cows. Quality this week was mostly average. Too few offerings were seen to develop an accurate market trend, however higher undertones were noticed.

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $362.38/cwt on 19 head. That ranks 4 of 23 comparable sales and sits −49.24 against this barn's trailing median of $411.62.
Average price
$362.38
19 head · 545 lb average
Value per head Derived
$1,975
Price × average weight ÷ 100
Grade differential Derived
$37
per head · Large 1 over Medium and Large 1-2
$19.43/cwt at this weight
vs the market
−26.37
vs MT average
−5.96 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Large 1543364.431,97917thin
Medium and Large 1-2563345.001,9422thin
One grade step is worth $19.43/cwt here — about $37 a head. Across this sale the premium is widest at 600–700 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 sale19 hd
362.38
—
MT average2 barns · 44 hd
388.76
−26.37
National average171 barns · 13,169 hd
368.34
−5.96
This barn, trailing median23 sales
411.62
−49.24
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—Average1,817184.893,36052
CowsBoner 80-85%Low1,446164.132,373109
CowsBreaker 75-80%Low1,616160.762,59816
CowsLean 85-90%Average1,182149.451,76758
Dairy CowsBoner 80-85%Average730140.001,0221thin

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
Cow-Calf PairsOpenMiddle Aged/Aged (>5 yrs)1,787$4,3506

Every lot, as filed

71 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 · Steers12 lots · lightest first
Steers350–400Medium and Large 1-2Unweaned373518.26/cwt515.00–520.001,9333
Steers400–450Medium 1-2Unweaned413420.00/cwt420.00–420.001,7352
Steers400–450Medium and Large 1Unweaned427519.93/cwt515.00–530.002,22015
Steers500–550Medium and Large 1Unweaned512465.00/cwt465.00–465.002,3818
Steers500–550Large 1Unweaned541433.00/cwt433.00–433.002,3439
Steers650–700Medium 1678389.15/cwt385.00–390.002,6386
Steers750–800Medium and Large 1Full778360.00/cwt360.00–360.002,8013
Steers850–900Medium and Large 2883338.00/cwt338.00–338.002,9852
Steers900–950Medium and Large 1908334.00/cwt334.00–334.003,0335
Steers950–1000Medium and Large 1980322.00/cwt322.00–322.003,15614
Steers1000–1050Medium and Large 11,010314.00/cwt314.00–314.003,1713
Steers1050–1100Large 11,080306.50/cwt306.50–306.503,3103
Feeder Cattle · Heifers19 lots · lightest first
Heifers400–450Medium and Large 1Unweaned448425.00/cwt425.00–425.001,9044
Heifers500–550Large 1Unweaned543364.43/cwt362.50–365.001,97917
Heifers550–600Medium and Large 1-2Unweaned563345.00/cwt345.00–345.001,9422
Heifers600–650Medium 1608355.00/cwt355.00–355.002,1589
Heifers650–700Medium 2669317.00/cwt317.00–317.002,1218
Heifers700–750Medium and Large 1Full730329.00/cwt329.00–329.002,40211
Heifers700–750Medium and Large 1-2735329.56/cwt325.00–335.002,42221
Heifers750–800Medium and Large 1Full795320.00/cwt320.00–320.002,5444
Heifers800–850Medium and Large 1Full815325.00/cwt325.00–325.002,64932
Heifers850–900Medium and Large 2850292.50/cwt292.50–292.502,4861
Heifers900–950Medium and Large 1-2913304.47/cwt302.00–307.002,7802
Heifers900–950Medium and Large 1923310.40/cwt310.00–312.002,86515
Heifers950–1000Medium and Large 1-2969295.41/cwt291.00–300.002,8634
Heifers950–1000Medium and Large 1982311.19/cwt308.00–312.503,05617
Heifers1000–1050Large 11,020299.50/cwt299.50–299.503,0552
Heifers1000–1050Medium and Large 1-21,028290.34/cwt285.00–293.002,9853
Heifers1000–1050Medium and Large 1Full1,035298.00/cwt298.00–298.003,0842
Heifers1050–1100Large 11,074295.82/cwt295.00–296.003,17711
Heifers1150–1200Large 1Full1,164284.00/cwt284.00–284.003,3066
Feeder Cattle · Bulls6 lots · lightest first
Bulls600–650Medium and Large 1Unweaned607370.00/cwt370.00–370.002,2466
Bulls900–950Medium and Large 1920317.50/cwt317.50–317.502,9211
Bulls1000–1050Medium and Large 1-21,033260.00/cwt260.00–260.002,6862
Bulls1050–1100Large 1-21,085232.50/cwt232.50–232.502,5231
Bulls1150–1200Large 11,180256.00/cwt256.00–256.003,0212
Bulls1200–1250Large 11,210240.00/cwt240.00–240.002,9041
Slaughter Cattle · Bulls8 lots · lightest first
Bulls——Light Weight1,095163.00/cwt163.00–163.001,7851
Bulls——Return to Feed1,426177.86/cwt155.00–182.002,53610
Bulls——Return to Feed1,692184.68/cwt184.00–190.003,12510
Bulls——1,823178.33/cwt174.00–182.003,2518
Bulls——1,923200.49/cwt199.00–202.003,8552
Bulls——2,019191.14/cwt184.00–198.003,85918
Bulls——2,365190.78/cwt190.00–191.504,5122
Bulls——Heavy Weight2,720176.00/cwt176.00–176.004,7871
Slaughter Cattle · Cows15 lots · lightest first
Cows—Lean 85-90%1,095147.00/cwt147.00–147.001,6101
Cows—Lean 85-90%1,120118.00/cwt118.00–118.001,3221
Cows—Lean 85-90%1,149129.42/cwt125.00–136.001,48720
Cows—Lean 85-90%Return to Feed1,191162.20/cwt161.00–169.001,93221
Cows—Lean 85-90%Return to Feed1,216150.51/cwt143.00–155.501,8308
Cows—Lean 85-90%Return to Feed1,233172.03/cwt171.00–178.002,1217
Cows—Boner 80-85%1,367139.57/cwt136.00–144.001,90811
Cows—Boner 80-85%1,408149.72/cwt145.00–152.002,1086
Cows—Boner 80-85%Return to Feed1,440175.27/cwt173.00–180.002,52443
Cows—Boner 80-85%Return to Feed1,457148.97/cwt143.00–158.002,1709
Cows—Boner 80-85%Return to Feed1,477164.49/cwt159.00–172.002,43040
Cows—Breaker 75-80%Return to Feed1,554157.02/cwt156.00–159.002,4403
Cows—Breaker 75-80%Return to Feed1,580167.00/cwt167.00–167.002,6391
Cows—Breaker 75-80%1,618162.05/cwt160.50–164.502,6229
Cows—Breaker 75-80%1,683158.56/cwt157.50–159.002,6693
Slaughter Cattle · Dairy Cows1 lot · lightest first
Dairy Cows—Boner 80-85%Light Weight730140.00/cwt140.00–140.001,0221
Replacement Cattle · Stock Cows6 lots · lightest first
Stock Cows—Medium and Large 11,060177.50/cwt177.50–177.501,8821
Stock Cows—Medium and Large 11,063225.12/cwt200.00–261.002,3932
Stock Cows—Medium and Large 1-21,090228.14/cwt185.00–275.002,4872
Stock Cows—Medium and Large 11,156222.14/cwt172.00–260.002,56813
Stock Cows—Medium and Large 1-21,166188.15/cwt165.00–212.502,1944
Stock Cows—Medium and Large 1-2Broken Mouth1,174174.00/cwt174.00–174.002,0437
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 11,258215.45/cwt209.00–216.002,71012
Bred Cows—Medium and Large 1-2Thin Fleshed1,310159.00/cwt159.00–159.002,0833
Bred Cows—Medium and Large 11,403188.14/cwt187.50–197.002,64021
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 1-21,7874,350.00/head4,350.00–4,350.004,3506

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.