Sale reports / Montana / Billings Livestock Commission / 2025-10-23

Billings Livestock Commission

Feeder Cattle · Billings, Montana · Thu, Oct 23
● Final88 lots reportedUSDA AMS · slug 1777
Receipts
4,837 head
242 vs last sale 4,595 1,796 vs year ago 3,041 · +59.1%
Also sold here(Mon)Thu Apr 16, 2026
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Reporter comment USDA

As filed

Compared to last week: Yearling steers and heifers were too lightly tested last week to develop any market trend. Demand for yearlings was good to very good. A few load lots of heifers and a partial load lot of steers were seen this sale. Demand for load lots was good to very good. Yearlings were mixed for flesh with some coming out of lots while others were off grass. Light fleshed yearlings sold with very good demand. Steer calves under 450 lbs sold mostly 20.00-25.00 lower, 450-599 lbs steers sold 10.00-20.00 lower, steer calves over 600 lbs sold mostly steady to 5.00 lower. Heifer calves under 450 lbs sold 20.00-30.00 lower, heifers 450 lbs and heavier sold mostly 5.00-15.00 lower. Demand was mostly moderate to good for moderate to heavy offerings. Quality was mixed today from plain to attractive, but overall not as attractive as last weeks offering. No load lots of calves were seen this week and the majority of packages were 30 head or less. Buyers showed strong demand for calves with two rounds of vaccinations as calf health has been an issue for many. Vaccination status and package size both led to wide price spreads throughout the day. Demand for heifers remains good as buyers look for high quality heifers they can develop into replacements. Several farmer feeders were in the stands again this week buying cattle to feed. Most showed good demand and were very competitive with order buyers as they pushed to fill loads. Demand for lightweight calves remains mostly good, but was lighter than last week as buyers adjust to a lower feeder cattle basis. CME positions were mostly lower again today and have moved lower throughout the week. Market activity was moderate to active this week, however a slightly smaller crowd of buyers was on hand for todays sale. No cows will be sold on Thursdays in the fall.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $447.06/cwt on 779 head. That ranks 3 of 21 comparable sales and sits 40.72 against this barn's trailing median of $487.78.
Average price
$447.06
779 head · 552 lb average
Value per head Derived
$2,466
Price × average weight ÷ 100
Grade differential Derived
$326
per head · Medium and Large 1 over Medium and Large 2
$47.64/cwt at this weight
vs the market
17.69
vs MT average
11.08 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1554452.532,507565
Large 1520445.002,31470
Medium and Large 1-2559427.852,391136
Medium and Large 2539404.892,1818thin
One grade step is worth $47.64/cwt here — about $326 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
540488436384median 487.7812/1802/0504/0205/1406/18
Steers 500–600 lb: high $525.97, low $398.08, median $487.78 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 sale779 hd
447.06
MT average5 barns · 2,294 hd
464.75
−17.69
National average182 barns · 38,495 hd
458.14
−11.08
This barn, trailing median21 sales
487.78
−40.72
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Every lot, as filed

88 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
BullsMedium and Large 1-2Unweaned600–650613335.00/cwt335.00–335.002,0544
HeifersMedium and Large 1-2Unweaned300–350338525.44/cwt520.00–530.001,77613
SteersMedium and Large 1Unweaned300–350325666.07/cwt650.00–710.002,16524
SteersMedium and Large 1Unweaned350–400374606.37/cwt570.00–650.002,26851
BullsMedium and Large 1Unweaned550–600585380.00/cwt380.00–380.002,22314
SteersMedium and Large 1Unweaned650–700667401.28/cwt386.00–412.002,677217
SteersMedium and Large 1-2950–1000985318.00/cwt318.00–318.003,13216
SteersMedium and Large 1-2Unweaned550–600574420.57/cwt395.00–429.002,41462
SteersMedium and Large 1-2Unweaned600–650624395.24/cwt362.50–409.002,46643
SteersMedium and Large 1-2Unweaned450–500485479.34/cwt455.00–502.502,32538
BullsMedium and Large 1Unweaned600–650621365.00/cwt365.00–365.002,2674
SteersMedium and Large 1Unweaned250–300260778.30/cwt770.00–790.002,0249
SteersMedium and Large 1Unweaned450–500479506.37/cwt487.50–537.502,426190
SteersMedium and Large 1Unweaned400–450421561.54/cwt550.00–565.002,36487
SteersMedium and Large 1Unweaned550–600578438.79/cwt429.50–451.002,536288
HeifersMedium and Large 1Unweaned700–750710344.00/cwt344.00–344.002,4423
HeifersMedium and Large 11000–10501,026292.20/cwt288.00–301.002,99846
HeifersMedium and Large 1900–950923340.00/cwt340.00–340.003,13879
SteersMedium and Large 1Unweaned200–250225800.00/cwt800.00–800.001,8001
SteersMedium and Large 1Unweaned750–800768382.00/cwt382.00–382.002,93411
SteersMedium and Large 1Unweaned600–650613430.02/cwt416.00–444.002,636268
SteersMedium and Large 1Unweaned500–550529466.82/cwt445.00–499.002,469277
HeifersMedium and Large 1Unweaned400–450423496.38/cwt475.00–532.502,100170
HeifersMedium and Large 1Unweaned600–650621368.60/cwt359.00–378.002,28952
HeifersMedium and Large 1Unweaned650–700685360.00/cwt360.00–360.002,4663
HeifersMedium and Large 1Replacement600–650627389.00/cwt389.00–389.002,43921
HeifersMedium and Large 1Unweaned450–500479468.01/cwt449.00–487.502,242210
HeifersMedium and Large 1Unweaned500–550524430.51/cwt420.00–444.002,256179
SteersMedium and Large 1850–900854346.00/cwt346.00–346.002,9557
HeifersMedium and Large 1750–800766353.51/cwt351.00–356.002,70810
HeifersMedium and Large 1Unweaned350–400363554.93/cwt515.00–570.002,01434
HeifersMedium and Large 1Unweaned250–300278659.15/cwt620.00–690.001,83214
HeifersMedium and Large 1Fleshy950–1000960289.16/cwt283.00–291.002,77618
HeifersMedium and Large 1Unweaned550–600566407.03/cwt387.50–424.002,304236
BullsMedium and Large 1650–700692370.00/cwt370.00–370.002,56011
HeifersMedium and Large 1Full550–600574367.29/cwt365.00–375.002,10818
HeifersMedium and Large 1800–850805353.34/cwt341.00–355.002,84479
BullsMedium and Large 1Unweaned350–400367620.00/cwt620.00–620.002,2753
HeifersLarge 1Unweaned450–500483415.00/cwt415.00–415.002,0049
HeifersLarge 1Unweaned650–700673325.00/cwt325.00–325.002,1873
HeifersLarge 1Unweaned550–600562325.00/cwt325.00–325.001,8273
BullsLarge 1Unweaned600–650629355.00/cwt355.00–355.002,2337
BullsLarge 1Unweaned700–750738325.00/cwt325.00–325.002,3992
HeifersLarge 11050–11001,062287.00/cwt287.00–287.003,0485
HeifersLarge 1Unweaned600–650640351.00/cwt351.00–351.002,2463
HeifersLarge 1Unweaned700–750723309.32/cwt309.00–310.002,23612
SteersLarge 1Unweaned450–500461466.41/cwt452.00–475.002,15011
SteersLarge 1Unweaned650–700687364.61/cwt335.00–384.002,50510
HeifersLarge 1-21100–11501,122275.00/cwt275.00–275.003,08615
HeifersLarge 1-2Unweaned650–700699300.00/cwt300.00–300.002,0977
HeifersMedium 1Unweaned400–450436350.00/cwt350.00–350.001,52614
HeifersMedium 1Unweaned550–600586340.00/cwt340.00–340.001,99212
HeifersMedium 1Fleshy650–700696324.00/cwt324.00–324.002,2558
HeifersMedium 1750–800783321.00/cwt321.00–321.002,5135
SteersLarge 1-21050–11001,060306.00/cwt306.00–306.003,2444
SteersLarge 1Unweaned500–550520445.00/cwt445.00–445.002,31470
SteersMedium and Large 1Fleshy900–950946331.00/cwt331.00–331.003,13138
SteersMedium and Large 1Fleshy850–900867341.24/cwt338.00–342.002,95926
HeifersMedium and Large 1Fancy500–550509454.16/cwt450.00–460.002,312172
HeifersMedium and Large 1Fancy550–600558445.65/cwt442.00–452.002,48722
SteersMedium 1Unweaned400–450426542.50/cwt542.50–542.502,31120
HeifersMedium 1650–700665362.50/cwt362.50–362.502,4112
SteersMedium and Large 1-2Unweaned250–300263742.31/cwt730.00–760.001,9527
SteersMedium and Large 1-2550–600555400.00/cwt400.00–400.002,22010
SteersMedium and Large 2Unweaned300–350339531.15/cwt500.00–580.001,8015
SteersMedium and Large 1-2Unweaned350–400374568.14/cwt555.00–575.002,12515
HeifersMedium and Large 1Fleshy850–900880308.00/cwt308.00–308.002,71033
HeifersMedium and Large 1Fleshy900–950936318.00/cwt318.00–318.002,976137
HeifersMedium and Large 1-2Unweaned450–500488430.00/cwt430.00–430.002,0983
HeifersMedium and Large 1-2850–900882315.19/cwt312.50–319.002,78013
HeifersMedium and Large 2Unweaned500–550518355.00/cwt355.00–355.001,8393
HeifersMedium and Large 2Unweaned400–450443415.00/cwt415.00–415.001,8382
HeifersMedium and Large 2Unweaned450–500464315.00/cwt315.00–315.001,4629
HeifersMedium and Large 2Unweaned350–400394435.00/cwt435.00–435.001,7144
HeifersMedium and Large 1-2Unweaned500–550520387.79/cwt370.00–410.002,01721
SteersMedium and Large 1-2Unweaned400–450431528.02/cwt515.00–535.002,27625
SteersMedium and Large 2Unweaned550–600570380.00/cwt380.00–380.002,1663
SteersMedium and Large 2Unweaned400–450426495.00/cwt495.00–495.002,1095
SteersMedium and Large 2Unweaned450–500491433.66/cwt375.00–445.002,12941
SteersMedium and Large 2Unweaned500–550520419.82/cwt417.50–429.002,1835
HeifersMedium and Large 1-2900–950944281.00/cwt281.00–281.002,6535
SteersMedium and Large 1-2900–950905338.00/cwt338.00–338.003,0594
SteersMedium and Large 1-2Unweaned300–350330600.07/cwt540.00–650.001,98012
HeifersMedium and Large 1-2Unweaned400–450430473.52/cwt450.00–492.502,03647
HeifersMedium and Large 1-2Unweaned350–400379500.42/cwt495.00–505.001,89729
HeifersMedium and Large 1-2Unweaned550–600594374.47/cwt372.00–387.502,22424
SteersMedium and Large 1-2Unweaned500–550545439.25/cwt433.00–441.002,39464
SteersMedium and Large 1Unweaned700–750713392.14/cwt387.00–399.502,79640

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.