Sale reports / Montana / Billings Livestock Commission / 2025-09-25

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Sep 25
● Final144 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
2,428 head
2,109 vs last sale 319 90 vs year ago 2,518 · 3.6%
Slaughter Cattle receipts
590 head
321 vs last sale 269 236 vs year ago 354 · +66.7%
Replacement Cattle receipts
202 head
114 vs last sale 88 113 vs year ago 89 · +127.0%
Also sold here(Mon)Thu Apr 16, 2026
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Reporter comment USDA

As filed

Compared to last reported sale (9-11-25): All feeder cattle were too lightly tested last sale to develop any market trend. Yearlings and calves both sold on uneven demand for moderate offerings. CME positions traded lower today and buyers showed some caution as they bid on offerings. Demand did improved as buyers started loads. Quality was mixed from plain to attractive with lots of variation noticed. Feeders were mixed for package size. A few load lots of yearlings sold today and these offerings were met with mostly good to very good demand. Packages of feeders sold on lighter demand as buyers had to pick through offerings to find like quality cattle. Market activity was moderate to active. A large crowd was on hand for todays sale with many order buyers and farmer feeders noticed. Weigh up cows sold on good to very good demand for light to moderate offerings. Slaughter cows were to lightly tested to develop an accurate market trend, however steady to weak undertones were noticed. Feeding demand was so strong packers only purchased very blemished cows for harvest. Feeding cow demand was very good this sale. Feeding cows sold mostly 2.00-5.00 higher on boning flesh cows. Lean feeding cows sold sharply higher with most sales 8.00-10.00 higher. These cows had the most compensatory gain and buyers showed good demand for these offerings as a result. Weigh up conditions were mostly average this week. Cow quality was mostly average to attractive this sale. Slaughter bulls sold on mostly moderate demand for light offerings. Slaughter bulls sold steady to 2.00 higher in a narrow comparison. Several packages of thin fleshed bulls continue to be purchased to feed. Feeding bulls sold unevenly steady. Young age cows suitable to feed or rebreed sold on mostly 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 to attractive. Too few offerings were seen to develop an accurate market trend, however sharply higher undertones were noticed.

Weight class

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $386.08/cwt on 124 head. That ranks 3 of 21 comparable sales and sits 47.78 against this barn's trailing median of $433.86.
Average price
$386.08
124 head · 532 lb average
Value per head Derived
$2,056
Price × average weight ÷ 100
Grade differential Derived
$116
per head · Medium and Large 1 over Medium 1-2
$48.65/cwt at this weight
vs the market
0.05
vs MT average
+20.23 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1533401.152,13668
Medium 1502397.001,99312thin
Large 1510367.501,87410thin
Medium and Large 1-2535360.681,93121
Medium 1-2573352.502,02013thin
One grade step is worth $48.65/cwt here — about $116 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 sale124 hd
386.08
MT average3 barns · 136 hd
386.13
−0.05
National average172 barns · 11,458 hd
365.85
+20.23
This barn, trailing median21 sales
433.86
−47.78
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
BullsLow1,793182.123,26547
CowsBoner 80-85%High1,393171.992,397326
CowsBreaker 75-80%Average1,591165.912,64032
CowsLean 85-90%Low1,166155.621,81486

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)1,292$3,21429
Bred Cows3rd Stage (7-9 mo)Middle Aged (5-8 yrs)1,533$3,1003thin
Bred Cows1st Stage (1-3 mo)Middle Aged/Aged (>5 yrs)1,393$2,83439
Cow-Calf PairsOpenMiddle Aged/Aged (>5 yrs)1,733$4,19228
Cow-Calf PairsOpenYoung/Middle Aged (2-8 yrs)1,569$4,1707
Cow-Calf PairsOpenAged (>8 yrs)1,471$3,31914

Every lot, as filed

144 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 1Full950–1000979304.92/cwt293.00–309.002,9858
BullsMedium and Large 1Unweaned600–650624397.00/cwt397.00–397.002,4775
HeifersMedium and Large 1Unweaned250–300287597.16/cwt560.00–640.001,71430
HeifersMedium and Large 1850–900888333.27/cwt328.50–343.002,95926
BullsMedium and Large 1950–1000954314.00/cwt314.00–314.002,9967
SteersMedium and Large 1Full1050–11001,063305.00/cwt305.00–305.003,2423
SteersMedium and Large 1Unweaned400–450444512.42/cwt500.00–530.002,27521
SteersMedium and Large 1Unweaned300–350326615.83/cwt595.00–617.502,00828
HeifersMedium and Large 1450–500458436.00/cwt436.00–436.001,99715
BullsMedium and Large 1Unweaned450–500468461.30/cwt445.00–470.002,15918
BullsMedium and Large 1Unweaned550–600572402.00/cwt402.00–402.002,29926
SteersMedium and Large 1Unweaned650–700691367.59/cwt367.00–370.002,5405
HeifersMedium and Large 1650–700663375.00/cwt375.00–375.002,4866
BullsMedium and Large 1900–950908329.00/cwt323.00–337.002,9877
SteersMedium and Large 1Unweaned600–650620416.28/cwt397.00–421.002,5815
BullsMedium and Large 1Unweaned200–250215700.00/cwt700.00–700.001,5052
BullsMedium and Large 1Unweaned300–350340548.54/cwt545.00–560.001,86513
BullsMedium and Large 1Unweaned250–300282627.32/cwt625.00–630.001,76918
HeifersMedium and Large 1350–400399480.00/cwt480.00–480.001,91521
SteersMedium and Large 1700–750725409.00/cwt409.00–409.002,9653
SteersMedium and Large 1Unweaned250–300270660.00/cwt660.00–660.001,7821
BullsMedium and Large 11000–10501,000312.00/cwt312.00–312.003,1203
SteersMedium and Large 1-2850–900855352.14/cwt350.00–353.003,01114
BullsMedium and Large 1Unweaned350–400393525.00/cwt525.00–525.002,0636
SteersMedium and Large 1900–950905356.79/cwt351.00–358.003,22976
HeifersMedium and Large 1750–800755357.00/cwt357.00–357.002,69516
HeifersMedium and Large 1-2Unweaned550–600558360.00/cwt360.00–360.002,0094
SteersMedium and Large 1-2Unweaned350–400380540.00/cwt540.00–540.002,0521
HeifersMedium and Large 1-2Unweaned450–500460402.50/cwt402.50–402.501,8521
SteersMedium and Large 1950–1000984330.00/cwt330.00–330.003,24717
HeifersMedium and Large 11000–10501,023303.55/cwt300.00–311.003,10512
SteersMedium and Large 1-2Unweaned550–600582400.06/cwt382.50–409.002,32817
SteersMedium and Large 1-2Unweaned400–450446492.57/cwt460.00–505.002,19723
SteersMedium and Large 1-2Unweaned500–550538411.96/cwt404.00–420.002,2164
SteersMedium and Large 1-2700–750726371.22/cwt370.00–380.002,69524
SteersMedium and Large 1-21000–10501,031312.00/cwt312.00–312.003,2174
HeifersMedium and Large 1Full850–900879320.00/cwt320.00–320.002,8137
HeifersMedium and Large 1900–950923330.23/cwt321.00–334.003,048127
HeifersMedium and Large 1700–750724378.11/cwt372.00–379.002,73873
HeifersMedium and Large 1Unweaned300–350327577.73/cwt560.00–582.501,88934
HeifersMedium and Large 1Unweaned450–500470422.06/cwt410.00–455.001,98427
HeifersMedium and Large 1Unweaned350–400372516.09/cwt500.00–535.001,92013
BullsMedium and Large 1Unweaned500–550511430.00/cwt430.00–430.002,1975
SteersMedium and Large 1Unweaned500–550528451.27/cwt430.00–466.002,38364
HeifersMedium and Large 1800–850833338.46/cwt332.00–345.002,819187
HeifersMedium and Large 1Full1000–10501,041290.47/cwt287.50–295.003,0245
HeifersMedium and Large 1Unweaned550–600582362.52/cwt347.50–369.002,1109
HeifersMedium and Large 1Unweaned500–550520413.71/cwt406.00–425.002,15152
HeifersMedium and Large 1Unweaned400–450419480.93/cwt457.50–503.002,01577
SteersMedium and Large 1Full700–750711388.00/cwt388.00–388.002,75919
SteersMedium and Large 1Unweaned450–500470490.10/cwt475.00–515.002,30354
SteersMedium and Large 1750–800778388.98/cwt385.00–393.003,02634
HeifersMedium and Large 1950–1000974314.26/cwt309.00–318.003,061210
HeifersMedium and Large 1550–600562357.50/cwt357.50–357.502,0097
SteersMedium and Large 1650–700653417.00/cwt417.00–417.002,72313
SteersMedium and Large 1Unweaned550–600573426.99/cwt421.00–431.002,44748
SteersMedium and Large 1Unweaned350–400374566.26/cwt562.50–595.002,11846
SteersMedium and Large 1600–650618420.00/cwt420.00–420.002,59612
Cow-Calf PairsMedium and Large 1Non-Legible BANGS1,6123,850.00/head3,850.00–3,850.003,8506
Cow-Calf PairsMedium and Large 11,5694,169.90/head4,150.00–4,200.004,1707
Cow-Calf PairsMedium and Large 1Broken Mouth1,4953,700.00/head3,700.00–3,700.003,7002
Stock CowsMedium and Large 11,095245.39/cwt191.00–276.002,68716
Bred CowsMedium and Large 11,2923,213.74/head3,050.00–3,400.003,21429
Bred CowsMedium and Large 11,5333,100.00/head3,100.00–3,100.003,1003
Stock CowsMedium and Large 1Broken Mouth1,419173.00/cwt173.00–173.002,4554
Cow-Calf PairsMedium and Large 1-2Broken Mouth1,4673,255.22/head3,150.00–3,450.003,25512
CowsLean 85-90%Return to Feed1,173162.40/cwt155.00–166.001,90523
CowsLean 85-90%1,195146.24/cwt145.00–147.501,7482
CowsBreaker 75-80%Return to Feed1,574165.00/cwt162.00–169.002,59716
CowsBreaker 75-80%Return to Feed1,501173.88/cwt173.00–174.002,6109
CowsBreaker 75-80%1,775137.00/cwt137.00–137.002,4321
Bulls1,883176.89/cwt170.00–183.003,3312
BullsReturn to Feed1,738169.01/cwt161.00–184.002,93722
CowsLean 85-90%Light Weight810105.00/cwt105.00–105.008511
CowsLean 85-90%1,184124.29/cwt110.00–139.001,47222
CowsBreaker 75-80%1,762154.77/cwt149.00–158.002,7273
CowsBreaker 75-80%1,650169.00/cwt169.00–169.002,7892
CowsBreaker 75-80%1,855165.00/cwt165.00–165.003,0611
CowsBoner 80-85%1,493153.79/cwt153.00–154.502,2962
CowsBoner 80-85%Return to Feed1,430155.89/cwt141.00–162.002,22919
CowsBoner 80-85%Return to Feed1,369171.40/cwt163.00–175.002,346167
CowsBoner 80-85%1,398137.23/cwt135.00–140.001,9183
Bulls2,200193.00/cwt193.00–193.004,2461
Bulls2,120186.00/cwt186.00–186.003,9431
HeifersLarge 11050–11001,070301.50/cwt290.00–307.503,22648
CowsLean 85-90%Return to Feed1,159171.48/cwt164.00–173.501,98738
BullsReturn to Feed1,569192.78/cwt186.00–196.003,02511
Bulls2,118202.74/cwt199.00–205.004,2945
CowsBoner 80-85%Return to Feed1,417176.03/cwt175.00–177.002,494135
Bulls2,017194.90/cwt191.00–197.003,9315
HeifersLarge 1Full1250–13001,280255.00/cwt255.00–255.003,2644
HeifersLarge 11150–12001,150281.00/cwt281.00–281.003,2327
HeifersLarge 1350–400362427.50/cwt427.50–427.501,5485
HeifersLarge 1850–900865308.00/cwt308.00–308.002,6643
SteersLarge 1Unweaned450–500484427.50/cwt427.50–427.502,06917
HeifersLarge 1500–550510367.50/cwt367.50–367.501,87410
SteersLarge 1800–850838335.00/cwt335.00–335.002,8072
SteersLarge 1Unweaned500–550540435.00/cwt435.00–435.002,3492
HeifersLarge 11100–11501,123283.49/cwt277.00–285.003,18427
SteersLarge 1Unweaned350–400377530.00/cwt530.00–530.001,9986
SteersLarge 1600–650610402.50/cwt402.50–402.502,45517
BullsLarge 11050–11001,075262.50/cwt262.50–262.502,8222
HeifersMedium 1500–550502397.00/cwt397.00–397.001,99312
HeifersMedium 1650–700659369.44/cwt360.00–370.002,43518
HeifersMedium 1750–800778333.00/cwt333.00–333.002,5916
Stock CowsMedium 1785255.00/cwt255.00–255.002,0021
SteersLarge 1950–1000970314.00/cwt314.00–314.003,04627
SteersLarge 1850–900870337.00/cwt337.00–337.002,93210
HeifersMedium and Large 1-2Unweaned350–400365455.43/cwt420.00–475.001,6623
HeifersMedium and Large 1-2900–950923298.00/cwt298.00–298.002,7514
HeifersMedium and Large 1-2450–500496390.00/cwt390.00–390.001,9348
HeifersMedium and Large 1-2Unweaned500–550530360.84/cwt353.00–374.001,91217
HeifersMedium and Large 1-2800–850842308.64/cwt303.00–311.002,59910
HeifersMedium and Large 1-2700–750743360.63/cwt353.00–362.002,67913
HeifersMedium and Large 1-2Fleshy800–850849311.00/cwt311.00–311.002,6405
BullsMedium and Large 1-2Unweaned700–750725370.00/cwt370.00–370.002,6832
BullsMedium and Large 1-2Unweaned550–600591385.00/cwt385.00–385.002,2754
BullsMedium and Large 1-2Unweaned500–550502410.00/cwt410.00–410.002,0583
SteersMedium and Large 1-2Unweaned300–350346575.00/cwt575.00–575.001,9908
SteersMedium and Large 1-2Unweaned450–500473433.32/cwt425.00–450.002,0509
SteersMedium and Large 2650–700693360.00/cwt360.00–360.002,4957
SteersMedium and Large 2750–800778360.64/cwt354.00–367.502,8064
SteersMedium and Large 2800–850828320.00/cwt320.00–320.002,6503
HeifersMedium and Large 1-2Unweaned400–450436443.77/cwt420.00–447.501,93519
SteersMedium and Large 1-2Unweaned750–800762371.00/cwt371.00–371.002,8277
BullsMedium and Large 1-2Unweaned450–500476445.00/cwt445.00–445.002,1188
Cow-Calf PairsMedium and Large 11,7664,285.00/head4,285.00–4,285.004,28522
HeifersMedium and Large 2750–800779310.00/cwt310.00–310.002,4158
SteersMedium and Large 2Unweaned450–500493445.00/cwt445.00–445.002,1942
SteersMedium and Large 2700–750730346.08/cwt342.00–350.002,5268
HeifersMedium and Large 1-2850–900858312.00/cwt312.00–312.002,6773
SteersMedium and Large 2950–1000993316.00/cwt316.00–316.003,1383
HeifersMedium 1-2600–650632349.21/cwt347.50–352.502,2076
Bred CowsMedium and Large 11,3932,834.48/head2,800.00–2,850.002,83439
Stock CowsMedium and Large 1Fleshy1,473204.00/cwt204.00–204.003,0052
Stock CowsMedium and Large 1984290.65/cwt265.00–296.002,8606
Stock CowsMedium and Large 1-21,153201.94/cwt182.00–227.502,3282
Stock CowsMedium and Large 1-2985232.50/cwt232.50–232.502,2901
SteersMedium 1Full650–700662370.00/cwt370.00–370.002,4496
HeifersMedium 1600–650634380.72/cwt373.00–383.502,41431
SteersMedium 1650–700669388.06/cwt371.00–400.002,59610
SteersMedium 1500–550546427.19/cwt420.00–429.002,33220
SteersMedium 1550–600569420.69/cwt420.00–421.002,39426
HeifersMedium 1-2550–600573352.50/cwt352.50–352.502,02013

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.