Sale reports / Montana / Billings Livestock Commission / 2025-12-11

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Dec 11
● Final136 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
2,774 head
973 vs last sale 1,801 154 vs year ago 2,928 · 5.3%
Slaughter Cattle receipts
192 head
160 vs last sale 32 359 vs year ago 551 · 65.2%
Replacement Cattle receipts
149 head
143 vs last sale 6 379 vs year ago 528 · 71.8%
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 an accurate market trend, however higher undertones were noticed on a larger offering of yearlings. Yearling quality was mostly average this week with several packages of heavy weight backgrounded offerings noticed. Steer calves under 500 lbs sold generally steady to firm, steers 500-599 lbs sold mostly 8.00 to 12.00 higher, steer calves over 600 lbs sold 5.00-10.00 higher. Heifer calves under 450 lbs were too lightly tested last week to develop any market trend. Heifers 450-549 lbs sold sharply higher with most sales 15.00-20.00 higher; heifers over 550 lbs sold generally steady to firm in a narrow comparison. Demand for light weight cattle suitable to develop into yearlings was good to very good. Buyers pushed to fill loads early in the sale as they wanted to get them on the road ahead of this evenings snowstorm. Demand for cattle to heavy to go to grass was mostly good this week with many buyers noticed. Quality this week was mixed from plain to attractive, with lots of variation noticed. Large packages of calves sold on mostly good to very good demand with small packages selling on moderate to good demand. Many small packages of calves were seen this week as buyers cleaned up offerings as only 2 sales are left at Billings livestock commission for the year. CME positions traded sharply higher several days over the last few weeks which help support all calf prices. Several ranchers were in the stands buying grass cattle this week. Market activity was active with a larger crowd on hand. Weigh up cows sold on moderate to good demand for light offerings. Slaughter and feeding cows were both too lightly tested last week to develop an accurate market trend, however higher undertones were noticed on slaughter cows and steady undertones were noticed on feeding cows. Slaughter bulls were too lightly tested to develop any market trend. Young age cows suitable to feed or rebreed sold on mostly good demand as buyers pushed to finish loads for the week. Young offerings were too lightly tested last week to develop any market trend.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $442.95/cwt on 392 head. That ranks 3 of 21 comparable sales and sits 44.83 against this barn's trailing median of $487.78.
Average price
$442.95
392 head · 552 lb average
Value per head Derived
$2,445
Price × average weight ÷ 100
Grade differential Derived
$325
per head · Medium and Large 1 over Medium and Large 2
$58.11/cwt at this weight
vs the market
+5.70
vs MT average
+12.32 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1562453.112,545247
Large 1598432.502,5866thin
Medium and Large 1-2530426.992,264130
Medium 1580415.002,4073thin
Medium and Large 2562395.002,2206thin
One grade step is worth $58.11/cwt here — about $325 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
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 sale392 hd
442.95
MT average3 barns · 632 hd
437.25
+5.70
National average179 barns · 20,601 hd
430.63
+12.32
This barn, trailing median21 sales
487.78
−44.83
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
BullsAverage1,882168.793,1764thin
CowsBreaker 75-80%Average1,715153.002,6241thin
CowsBoner 80-85%Average1,364150.982,05963
CowsLean 85-90%Low1,167139.251,62478

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)1,133$3,2695
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)1,018$2,6502thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged/Aged (>5 yrs)1,280$2,5253thin
Bred Cows1st Stage (1-3 mo)Middle Aged (5-8 yrs)1,130$2,2501thin
Bred Cows1st Stage (1-3 mo)Middle Aged/Aged (>5 yrs)1,248$1,9002thin

Every lot, as filed

136 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
SteersLarge 11000–10501,004291.00/cwt291.00–291.002,9229
SteersMedium and Large 1-2450–500476480.48/cwt467.50–495.002,28757
SteersMedium and Large 1Unweaned400–450435560.00/cwt560.00–560.002,4367
SteersMedium and Large 1Unweaned700–750708381.09/cwt374.00–383.002,69834
SteersMedium and Large 1-2Unweaned450–500487481.46/cwt480.00–485.002,34524
SteersMedium and Large 1-2500–550528425.45/cwt412.50–455.002,246113
SteersMedium and Large 1-2Unweaned350–400368612.50/cwt612.50–612.502,2542
SteersMedium and Large 1-2Unweaned400–450410533.78/cwt525.00–540.002,1885
HeifersMedium and Large 1Full600–650600330.00/cwt330.00–330.001,9805
SteersLarge 1Unweaned700–750732368.00/cwt368.00–368.002,6943
SteersMedium and Large 2550–600562395.00/cwt395.00–395.002,2206
SteersMedium and Large 1Unweaned300–350310665.00/cwt665.00–665.002,0621
SteersLarge 1550–600598432.50/cwt432.50–432.502,5866
SteersMedium and Large 1350–400383621.73/cwt615.00–645.002,38116
HeifersMedium and Large 1-2350–400380450.72/cwt425.00–500.001,71316
SteersMedium and Large 1-2350–400372608.11/cwt605.00–610.002,26215
SteersMedium and Large 1-2600–650635391.86/cwt372.00–395.002,48829
SteersMedium and Large 1Unweaned650–700680396.70/cwt386.00–405.002,69876
SteersLarge 1Unweaned650–700665371.00/cwt371.00–371.002,4672
HeifersMedium and Large 1850–900879300.16/cwt300.00–301.002,6386
HeifersMedium and Large 1Unweaned350–400362490.62/cwt480.00–495.001,7767
HeifersMedium and Large 1-2500–550510395.00/cwt395.00–395.002,0153
SteersMedium and Large 1400–450410576.65/cwt530.00–590.002,36421
SteersMedium 1300–350348560.00/cwt560.00–560.001,94915
SteersMedium and Large 1-2550–600570411.75/cwt400.00–430.002,3477
HeifersMedium and Large 1Unweaned500–550530405.59/cwt400.00–420.002,15032
HeifersMedium and Large 1-2400–450414440.10/cwt435.00–455.001,82239
HeifersMedium and Large 1500–550511426.69/cwt405.00–442.002,180144
HeifersMedium 1400–450409440.00/cwt440.00–440.001,80036
HeifersMedium and Large 1600–650617365.87/cwt345.00–377.002,25783
HeifersMedium and Large 1Unweaned550–600583372.38/cwt367.00–381.002,17137
HeifersMedium and Large 1-2600–650606328.07/cwt311.00–338.001,98817
HeifersMedium and Large 1-2550–600559325.42/cwt310.00–347.501,81932
HeifersMedium and Large 2-3250–300293430.00/cwt430.00–430.001,2605
SteersMedium and Large 1Unweaned500–550535467.98/cwt460.00–490.002,50419
SteersLarge 1800–850842331.00/cwt331.00–331.002,7875
SteersMedium and Large 1600–650625413.69/cwt408.00–424.002,58679
SteersMedium and Large 1-2300–350343630.00/cwt630.00–630.002,1614
SteersMedium and Large 1250–300275690.00/cwt690.00–690.001,8982
SteersMedium and Large 1550–600569447.02/cwt421.00–461.002,544100
SteersMedium and Large 1650–700670398.29/cwt389.00–407.002,66973
SteersMedium and Large 1500–550531466.46/cwt460.00–482.502,47725
SteersMedium and Large 2-3300–350322465.86/cwt455.00–490.001,50013
SteersMedium and Large 1-2650–700681337.04/cwt332.50–370.002,2958
SteersMedium and Large 2350–400392537.87/cwt530.00–547.502,1089
SteersMedium and Large 1Unweaned550–600567453.04/cwt421.00–463.002,569103
SteersMedium and Large 2300–350347565.00/cwt565.00–565.001,9616
SteersMedium and Large 2400–450421460.00/cwt460.00–460.001,93714
SteersMedium 1550–600580415.00/cwt415.00–415.002,4073
SteersMedium and Large 1-2Unweaned500–550527455.00/cwt455.00–455.002,39810
SteersMedium and Large 1Unweaned450–500467534.00/cwt534.00–534.002,49413
SteersMedium and Large 1700–750745367.10/cwt365.00–380.002,73543
SteersMedium and Large 1Unweaned350–400398595.00/cwt595.00–595.002,3686
SteersMedium and Large 1Unweaned750–800750369.00/cwt369.00–369.002,7687
SteersMedium and Large 1Unweaned600–650615423.50/cwt422.00–426.002,60546
SteersMedium and Large 2-3350–400361422.83/cwt405.00–455.001,52633
SteersMedium and Large 1300–350332608.05/cwt600.00–625.002,0198
SteersMedium and Large 1450–500478505.34/cwt492.50–526.002,41649
SteersMedium and Large 1-2400–450425508.55/cwt455.00–550.002,16149
SteersMedium and Large 2450–500457410.67/cwt370.00–440.001,87725
SteersMedium and Large 1750–800754366.40/cwt364.00–368.002,76315
SteersMedium 1450–500455490.00/cwt490.00–490.002,2303
BullsMedium and Large 1400–450413580.00/cwt580.00–580.002,3954
BullsMedium and Large 1650–700668363.00/cwt363.00–363.002,4253
BullsMedium and Large 1Unweaned450–500450450.00/cwt450.00–450.002,0251
BullsMedium and Large 1Unweaned600–650628370.00/cwt370.00–370.002,3242
BullsMedium and Large 1700–750740327.00/cwt327.00–327.002,4202
BullsMedium and Large 11050–11001,050267.00/cwt267.00–267.002,8041
CowsBoner 80-85%1,420135.00/cwt135.00–135.001,9171
CowsLean 85-90%Return to Feed1,193138.54/cwt127.50–151.001,65327
CowsLean 85-90%Return to Feed1,193155.27/cwt150.00–160.001,85229
CowsBoner 80-85%1,665151.00/cwt151.00–151.002,5142
CowsLean 85-90%1,075110.00/cwt110.00–110.001,1832
CowsLean 85-90%1,138123.16/cwt112.00–132.501,40216
Bulls2,425181.00/cwt181.00–181.004,3891
CowsBoner 80-85%Return to Feed1,350159.62/cwt154.00–164.002,15533
CowsBoner 80-85%1,345133.54/cwt132.00–135.001,7962
CowsBreaker 75-80%1,715153.00/cwt153.00–153.002,6241
CowsLean 85-90%1,090138.72/cwt137.50–140.001,5122
Bulls1,618156.58/cwt151.00–162.502,5332
CowsBoner 80-85%Return to Feed1,357141.60/cwt129.00–152.001,92225
CowsLean 85-90%Light Weight82575.00/cwt75.00–75.006192
BullsReturn to Feed1,865181.00/cwt181.00–181.003,3761
Bred CowsMedium and Large 1-21,0182,650.00/head2,650.00–2,650.002,6502
Stock CowsMedium and Large 11,088254.20/cwt192.00–297.502,76619
Stock CowsMedium 1-2733200.00/cwt200.00–200.001,4662
Stock CowsMedium and Large 1-21,007235.89/cwt167.00–270.002,37511
Stock CowsMedium and Large 2970165.00/cwt165.00–165.001,6011
Stock CowsMedium and Large 1-21,040196.66/cwt162.00–237.502,0459
Bred CowsMedium and Large 1-21,2481,900.00/head1,900.00–1,900.001,9002
Stock CowsMedium and Large 1921317.26/cwt247.00–332.502,92261
Stock CowsMedium and Large 1Fleshy1,380181.00/cwt181.00–181.002,4981
Stock CowsMedium and Large 1Fleshy1,590212.00/cwt212.00–212.003,3714
Bred CowsMedium and Large 1-21,1302,250.00/head2,250.00–2,250.002,2501
Bred CowsMedium and Large 1-21,2802,525.00/head2,525.00–2,525.002,5253
Bred CowsMedium and Large 11,1333,269.47/head3,250.00–3,300.003,2695
BullsMedium and Large 1-2450–500483420.00/cwt420.00–420.002,02914
BullsMedium and Large 1Unweaned550–600558415.00/cwt415.00–415.002,3162
BullsMedium and Large 1-2700–750726290.00/cwt290.00–290.002,1054
BullsMedium and Large 1-2550–600594367.54/cwt342.50–392.502,18310
BullsMedium and Large 1Unweaned700–750712342.50/cwt342.50–342.502,4395
BullsMedium and Large 1600–650608401.43/cwt392.00–407.502,44113
HeifersMedium and Large 1-2450–500464414.63/cwt362.50–470.001,92428
HeifersMedium and Large 1Unweaned750–800755315.00/cwt315.00–315.002,3781
HeifersMedium and Large 1Unweaned600–650623370.74/cwt365.00–377.502,31073
HeifersMedium and Large 3300–350321375.00/cwt375.00–375.001,2047
HeifersMedium and Large 1-2300–350349495.00/cwt495.00–495.001,7285
HeifersMedium and Large 2450–500496354.05/cwt350.00–367.501,75613
HeifersMedium 1500–550522385.00/cwt385.00–385.002,0106
HeifersMedium and Large 1450–500471462.31/cwt435.00–492.502,177125
HeifersMedium and Large 1-2Unweaned450–500482360.00/cwt360.00–360.001,7353
HeifersMedium and Large 1-21000–10501,014281.50/cwt281.50–281.502,85415
HeifersMedium and Large 1-2Unweaned300–350321471.61/cwt465.00–480.001,5147
HeifersMedium and Large 1650–700685331.00/cwt331.00–331.002,26721
HeifersMedium and Large 1350–400362475.52/cwt460.00–477.501,72139
HeifersMedium and Large 1Unweaned400–450439462.14/cwt460.00–470.002,02911
HeifersMedium and Large 1Unweaned450–500459433.21/cwt427.50–450.001,98815
HeifersMedium and Large 1-2950–1000985280.00/cwt280.00–280.002,7584
HeifersMedium and Large 1-2Unweaned350–400389485.00/cwt485.00–485.001,8875
HeifersMedium and Large 1550–600577378.10/cwt370.00–380.002,18244
HeifersMedium and Large 1-2650–700660302.50/cwt302.50–302.501,9973
HeifersMedium and Large 1-2Full500–550543332.50/cwt332.50–332.501,8053
HeifersMedium and Large 1-2Unweaned400–450430455.00/cwt455.00–455.001,9575
HeifersMedium and Large 1-2Unweaned500–550516367.50/cwt367.50–367.501,8966
HeifersMedium and Large 1-2900–950939287.00/cwt287.00–287.002,6955
HeifersMedium and Large 1400–450428455.00/cwt455.00–455.001,94724
HeifersMedium and Large 2400–450405395.50/cwt385.00–410.001,60219
HeifersMedium and Large 2500–550521385.00/cwt385.00–385.002,0066
HeifersMedium and Large 1Unweaned650–700671331.84/cwt329.00–335.002,22716
HeifersMedium and Large 1-2Unweaned600–650613341.00/cwt341.00–341.002,0903
BullsMedium and Large 1-2600–650613337.50/cwt337.50–337.502,0694
HeifersLarge 1Fleshy1150–12001,171252.52/cwt248.00–253.002,95742
HeifersMedium and Large 1Replacement650–700655350.00/cwt350.00–350.002,2936
HeifersMedium and Large 1300–350310537.40/cwt525.00–555.001,66610
HeifersMedium 1450–500457370.00/cwt370.00–370.001,6915
HeifersMedium and Large 1-2Unweaned650–700673334.00/cwt334.00–334.002,2482

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.