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

Billings Livestock Commission

Name: Billings Livestock Commission livestock auction prices — 2025-10-23
Creator: RaisedBeef
Published: 2025-10-23

Feeder Cattle · Billings, Montana · Thu, Oct 23

● Final88 lots reportedUSDA AMS · slug 1777

← Oct 16Oct 23Oct 30 →

Receipts

4,837 head

▲ 242 vs last sale 4,595▲ 1,796 vs year ago 3,041 · +59.1%

Also sold here(Mon)Mon Oct 26, 2026

View

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 — the figures below change to match

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $447.06/cwt on 779 head. That ranks 12 of 22 comparable sales and sits +4.11 against this barn's trailing median of $442.94.

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 / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	554	452.53	2,507	565
Large 1	520	445.00	2,314	70
Medium and Large 1-2	559	427.85	2,391	136
Medium and Large 2	539	404.89	2,181	8thin

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.

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 median22 sales

442.94

+4.11

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

22 sales

Steers 500–600 lb: high $525.97, low $398.08, median $442.94 across 22 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

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. Grouped by class and set lightest first; USDA files them in sale-ring order.

Class	Weight	Grade / description	Avg wt	Price	Range	Per head	Head
Feeder Cattle · Steers36 lots · lightest first
Steers	200–250	Medium and Large 1Unweaned	225	800.00/cwt	800.00–800.00	1,800	1
Steers	250–300	Medium and Large 1Unweaned	260	778.30/cwt	770.00–790.00	2,024	9
Steers	250–300	Medium and Large 1-2Unweaned	263	742.31/cwt	730.00–760.00	1,952	7
Steers	300–350	Medium and Large 1Unweaned	325	666.07/cwt	650.00–710.00	2,165	24
Steers	300–350	Medium and Large 1-2Unweaned	330	600.07/cwt	540.00–650.00	1,980	12
Steers	300–350	Medium and Large 2Unweaned	339	531.15/cwt	500.00–580.00	1,801	5
Steers	350–400	Medium and Large 1Unweaned	374	606.37/cwt	570.00–650.00	2,268	51
Steers	350–400	Medium and Large 1-2Unweaned	374	568.14/cwt	555.00–575.00	2,125	15
Steers	400–450	Medium and Large 1Unweaned	421	561.54/cwt	550.00–565.00	2,364	87
Steers	400–450	Medium 1Unweaned	426	542.50/cwt	542.50–542.50	2,311	20
Steers	400–450	Medium and Large 2Unweaned	426	495.00/cwt	495.00–495.00	2,109	5
Steers	400–450	Medium and Large 1-2Unweaned	431	528.02/cwt	515.00–535.00	2,276	25
Steers	450–500	Large 1Unweaned	461	466.41/cwt	452.00–475.00	2,150	11
Steers	450–500	Medium and Large 1Unweaned	479	506.37/cwt	487.50–537.50	2,426	190
Steers	450–500	Medium and Large 1-2Unweaned	485	479.34/cwt	455.00–502.50	2,325	38
Steers	450–500	Medium and Large 2Unweaned	491	433.66/cwt	375.00–445.00	2,129	41
Steers	500–550	Large 1Unweaned	520	445.00/cwt	445.00–445.00	2,314	70
Steers	500–550	Medium and Large 2Unweaned	520	419.82/cwt	417.50–429.00	2,183	5
Steers	500–550	Medium and Large 1Unweaned	529	466.82/cwt	445.00–499.00	2,469	277
Steers	500–550	Medium and Large 1-2Unweaned	545	439.25/cwt	433.00–441.00	2,394	64
Steers	550–600	Medium and Large 1-2	555	400.00/cwt	400.00–400.00	2,220	10
Steers	550–600	Medium and Large 2Unweaned	570	380.00/cwt	380.00–380.00	2,166	3
Steers	550–600	Medium and Large 1-2Unweaned	574	420.57/cwt	395.00–429.00	2,414	62
Steers	550–600	Medium and Large 1Unweaned	578	438.79/cwt	429.50–451.00	2,536	288
Steers	600–650	Medium and Large 1Unweaned	613	430.02/cwt	416.00–444.00	2,636	268
Steers	600–650	Medium and Large 1-2Unweaned	624	395.24/cwt	362.50–409.00	2,466	43
Steers	650–700	Medium and Large 1Unweaned	667	401.28/cwt	386.00–412.00	2,677	217
Steers	650–700	Large 1Unweaned	687	364.61/cwt	335.00–384.00	2,505	10
Steers	700–750	Medium and Large 1Unweaned	713	392.14/cwt	387.00–399.50	2,796	40
Steers	750–800	Medium and Large 1Unweaned	768	382.00/cwt	382.00–382.00	2,934	11
Steers	850–900	Medium and Large 1	854	346.00/cwt	346.00–346.00	2,955	7
Steers	850–900	Medium and Large 1Fleshy	867	341.24/cwt	338.00–342.00	2,959	26
Steers	900–950	Medium and Large 1-2	905	338.00/cwt	338.00–338.00	3,059	4
Steers	900–950	Medium and Large 1Fleshy	946	331.00/cwt	331.00–331.00	3,131	38
Steers	950–1000	Medium and Large 1-2	985	318.00/cwt	318.00–318.00	3,132	16
Steers	1050–1100	Large 1-2	1,060	306.00/cwt	306.00–306.00	3,244	4
Feeder Cattle · Heifers45 lots · lightest first
Heifers	250–300	Medium and Large 1Unweaned	278	659.15/cwt	620.00–690.00	1,832	14
Heifers	300–350	Medium and Large 1-2Unweaned	338	525.44/cwt	520.00–530.00	1,776	13
Heifers	350–400	Medium and Large 1Unweaned	363	554.93/cwt	515.00–570.00	2,014	34
Heifers	350–400	Medium and Large 1-2Unweaned	379	500.42/cwt	495.00–505.00	1,897	29
Heifers	350–400	Medium and Large 2Unweaned	394	435.00/cwt	435.00–435.00	1,714	4
Heifers	400–450	Medium and Large 1Unweaned	423	496.38/cwt	475.00–532.50	2,100	170
Heifers	400–450	Medium and Large 1-2Unweaned	430	473.52/cwt	450.00–492.50	2,036	47
Heifers	400–450	Medium 1Unweaned	436	350.00/cwt	350.00–350.00	1,526	14
Heifers	400–450	Medium and Large 2Unweaned	443	415.00/cwt	415.00–415.00	1,838	2
Heifers	450–500	Medium and Large 2Unweaned	464	315.00/cwt	315.00–315.00	1,462	9
Heifers	450–500	Medium and Large 1Unweaned	479	468.01/cwt	449.00–487.50	2,242	210
Heifers	450–500	Large 1Unweaned	483	415.00/cwt	415.00–415.00	2,004	9
Heifers	450–500	Medium and Large 1-2Unweaned	488	430.00/cwt	430.00–430.00	2,098	3
Heifers	500–550	Medium and Large 1Fancy	509	454.16/cwt	450.00–460.00	2,312	172
Heifers	500–550	Medium and Large 2Unweaned	518	355.00/cwt	355.00–355.00	1,839	3
Heifers	500–550	Medium and Large 1-2Unweaned	520	387.79/cwt	370.00–410.00	2,017	21
Heifers	500–550	Medium and Large 1Unweaned	524	430.51/cwt	420.00–444.00	2,256	179
Heifers	550–600	Medium and Large 1Fancy	558	445.65/cwt	442.00–452.00	2,487	22
Heifers	550–600	Large 1Unweaned	562	325.00/cwt	325.00–325.00	1,827	3
Heifers	550–600	Medium and Large 1Unweaned	566	407.03/cwt	387.50–424.00	2,304	236
Heifers	550–600	Medium and Large 1Full	574	367.29/cwt	365.00–375.00	2,108	18
Heifers	550–600	Medium 1Unweaned	586	340.00/cwt	340.00–340.00	1,992	12
Heifers	550–600	Medium and Large 1-2Unweaned	594	374.47/cwt	372.00–387.50	2,224	24
Heifers	600–650	Medium and Large 1Unweaned	621	368.60/cwt	359.00–378.00	2,289	52
Heifers	600–650	Medium and Large 1Replacement	627	389.00/cwt	389.00–389.00	2,439	21
Heifers	600–650	Large 1Unweaned	640	351.00/cwt	351.00–351.00	2,246	3
Heifers	650–700	Medium 1	665	362.50/cwt	362.50–362.50	2,411	2
Heifers	650–700	Large 1Unweaned	673	325.00/cwt	325.00–325.00	2,187	3
Heifers	650–700	Medium and Large 1Unweaned	685	360.00/cwt	360.00–360.00	2,466	3
Heifers	650–700	Medium 1Fleshy	696	324.00/cwt	324.00–324.00	2,255	8
Heifers	650–700	Large 1-2Unweaned	699	300.00/cwt	300.00–300.00	2,097	7
Heifers	700–750	Medium and Large 1Unweaned	710	344.00/cwt	344.00–344.00	2,442	3
Heifers	700–750	Large 1Unweaned	723	309.32/cwt	309.00–310.00	2,236	12
Heifers	750–800	Medium and Large 1	766	353.51/cwt	351.00–356.00	2,708	10
Heifers	750–800	Medium 1	783	321.00/cwt	321.00–321.00	2,513	5
Heifers	800–850	Medium and Large 1	805	353.34/cwt	341.00–355.00	2,844	79
Heifers	850–900	Medium and Large 1Fleshy	880	308.00/cwt	308.00–308.00	2,710	33
Heifers	850–900	Medium and Large 1-2	882	315.19/cwt	312.50–319.00	2,780	13
Heifers	900–950	Medium and Large 1	923	340.00/cwt	340.00–340.00	3,138	79
Heifers	900–950	Medium and Large 1Fleshy	936	318.00/cwt	318.00–318.00	2,976	137
Heifers	900–950	Medium and Large 1-2	944	281.00/cwt	281.00–281.00	2,653	5
Heifers	950–1000	Medium and Large 1Fleshy	960	289.16/cwt	283.00–291.00	2,776	18
Heifers	1000–1050	Medium and Large 1	1,026	292.20/cwt	288.00–301.00	2,998	46
Heifers	1050–1100	Large 1	1,062	287.00/cwt	287.00–287.00	3,048	5
Heifers	1100–1150	Large 1-2	1,122	275.00/cwt	275.00–275.00	3,086	15
Feeder Cattle · Bulls7 lots · lightest first
Bulls	350–400	Medium and Large 1Unweaned	367	620.00/cwt	620.00–620.00	2,275	3
Bulls	550–600	Medium and Large 1Unweaned	585	380.00/cwt	380.00–380.00	2,223	14
Bulls	600–650	Medium and Large 1-2Unweaned	613	335.00/cwt	335.00–335.00	2,054	4
Bulls	600–650	Medium and Large 1Unweaned	621	365.00/cwt	365.00–365.00	2,267	4
Bulls	600–650	Large 1Unweaned	629	355.00/cwt	355.00–355.00	2,233	7
Bulls	650–700	Medium and Large 1	692	370.00/cwt	370.00–370.00	2,560	11
Bulls	700–750	Large 1Unweaned	738	325.00/cwt	325.00–325.00	2,399	2

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.

Montana feeder prices, every weight →Every state and region →

Billings Livestock Commission Cattle Auction - Billings, MT (Thu)

Thu Oct 23, 2025

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Billings, MT (LS-BL)

Receipts 4,837Last week 4,595Year ago 3,041

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1-2 · Unweaned$ per cwt · actual wt
4	600–650	613	335.00	335.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1 · Unweaned$ per cwt · actual wt
3	350–400	367	620.00	620.00
14	550–600	585	380.00	380.00
4	600–650	621	365.00	365.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
11	650–700	692	370.00	370.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Large 1 · Unweaned$ per cwt · actual wt
7	600–650	629	355.00	355.00
2	700–750	738	325.00	325.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2 · Unweaned$ per cwt · actual wt
13	300–350	338	520.00–530.00	525.44
29	350–400	379	495.00–505.00	500.42
47	400–450	430	450.00–492.50	473.52
3	450–500	488	430.00	430.00
21	500–550	520	370.00–410.00	387.79
24	550–600	594	372.00–387.50	374.47

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
14	250–300	278	620.00–690.00	659.15
34	350–400	363	515.00–570.00	554.93
170	400–450	423	475.00–532.50	496.38
210	450–500	479	449.00–487.50	468.01
179	500–550	524	420.00–444.00	430.51
236	550–600	566	387.50–424.00	407.03
52	600–650	621	359.00–378.00	368.60
3	650–700	685	360.00	360.00
3	700–750	710	344.00	344.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
10	750–800	766	351.00–356.00	353.51
79	800–850	805	341.00–355.00	353.34
79	900–950	923	340.00	340.00
46	1000–1050	1,026	288.00–301.00	292.20

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt
21	600–650	627	389.00	389.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
33	850–900	880	308.00	308.00
137	900–950	936	318.00	318.00
18	950–1000	960	283.00–291.00	289.16

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Full$ per cwt · actual wt
18	550–600	574	365.00–375.00	367.29

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Large 1 · Unweaned$ per cwt · actual wt
9	450–500	483	415.00	415.00
3	550–600	562	325.00	325.00
3	600–650	640	351.00	351.00
3	650–700	673	325.00	325.00
12	700–750	723	309.00–310.00	309.32

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Large 1$ per cwt · actual wt
5	1050–1100	1,062	287.00	287.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Large 1-2$ per cwt · actual wt
15	1100–1150	1,122	275.00	275.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Large 1-2 · Unweaned$ per cwt · actual wt
7	650–700	699	300.00	300.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium 1 · Unweaned$ per cwt · actual wt
14	400–450	436	350.00	350.00
12	550–600	586	340.00	340.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium 1 · Fleshy$ per cwt · actual wt
8	650–700	696	324.00	324.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium 1$ per cwt · actual wt
2	650–700	665	362.50	362.50
5	750–800	783	321.00	321.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Fancy$ per cwt · actual wt
172	500–550	509	450.00–460.00	454.16
22	550–600	558	442.00–452.00	445.65

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2$ per cwt · actual wt
13	850–900	882	312.50–319.00	315.19
5	900–950	944	281.00	281.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2 · Unweaned$ per cwt · actual wt
4	350–400	394	435.00	435.00
2	400–450	443	415.00	415.00
9	450–500	464	315.00	315.00
3	500–550	518	355.00	355.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
1	200–250	225	800.00	800.00
9	250–300	260	770.00–790.00	778.30
24	300–350	325	650.00–710.00	666.07
51	350–400	374	570.00–650.00	606.37
87	400–450	421	550.00–565.00	561.54
190	450–500	479	487.50–537.50	506.37
277	500–550	529	445.00–499.00	466.82
288	550–600	578	429.50–451.00	438.79
268	600–650	613	416.00–444.00	430.02
217	650–700	667	386.00–412.00	401.28
40	700–750	713	387.00–399.50	392.14
11	750–800	768	382.00	382.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
10	550–600	555	400.00	400.00
4	900–950	905	338.00	338.00
16	950–1000	985	318.00	318.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2 · Unweaned$ per cwt · actual wt
7	250–300	263	730.00–760.00	742.31
12	300–350	330	540.00–650.00	600.07
15	350–400	374	555.00–575.00	568.14
25	400–450	431	515.00–535.00	528.02
38	450–500	485	455.00–502.50	479.34
64	500–550	545	433.00–441.00	439.25
62	550–600	574	395.00–429.00	420.57
43	600–650	624	362.50–409.00	395.24

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
7	850–900	854	346.00	346.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Large 1 · Unweaned$ per cwt · actual wt
11	450–500	461	452.00–475.00	466.41
70	500–550	520	445.00	445.00
10	650–700	687	335.00–384.00	364.61

Head	Wt range	Avg wt	Price range	Avg price
Steers — Large 1-2$ per cwt · actual wt
4	1050–1100	1,060	306.00	306.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt
26	850–900	867	338.00–342.00	341.24
38	900–950	946	331.00	331.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium 1 · Unweaned$ per cwt · actual wt
20	400–450	426	542.50	542.50

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2 · Unweaned$ per cwt · actual wt
5	300–350	339	500.00–580.00	531.15
5	400–450	426	495.00	495.00
41	450–500	491	375.00–445.00	433.66
5	500–550	520	417.50–429.00	419.82
3	550–600	570	380.00	380.00

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.