Sale reports / Montana / Billings Livestock Commission / 2025-12-18

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Dec 18
● Final120 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
1,320 head
▼ 1,454 vs last sale 2,774▼ 225 vs year ago 1,545 · −14.6%
Slaughter Cattle receipts
732 head
▲ 540 vs last sale 192▲ 158 vs year ago 574 · +27.5%
Replacement Cattle receipts
689 head
▲ 540 vs last sale 149▲ 407 vs year ago 282 · +144.3%
Also sold here(Mon)Mon Oct 26, 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. Yearling quality was mostly plain this week. Steer calves under 550 lbs sold 15.00-20.00 higher, steers 550-649 lbs sold 5.00-15.00 higher, steer calves over 650 lbs were too lightly tested to develop any market trend. Heifer calves under 550 lbs sold steady to 10.00 higher in a narrow comparison; Heifers 550-649 lbs sold generally steady; Heifers over 650 lbs were not well tested. Demand for light weight cattle suitable to develop into yearlings remains good to very good. Cattle too heavy to go to grass sold on mostly moderate to good demand. Buyers were willing to take heavier cattle to grass this week as this is the last chance to buy feeder cattle in Billings for 2025. Quality this week was mixed from plain to attractive, with lots of variation noticed. Light weight calf quality was not as attractive this week as last week. 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 for the year. Several ranchers were in the stands buying grass cattle again this week. Market activity was active with a moderate to large crowd on hand. Weigh up cows sold on moderate to good demand for light to moderate offerings. Feeding cows sold on good demand with several buyers in the stands actively bidding on all classes of cows to feed. Feeding cows sold mostly 3.00-6.00 higher on a very attractive offering. Breaking slaughter cows were too lightly tested last week to develop any market trend. Boning and lean cows sold sharply lower with fewer packer buyers in the stands this week. Slaughter bulls were too lightly tested last week to develop an accurate market trend, however steady to lower undertones were noticed. Young age cows suitable to feed or rebreed sold on mostly very good demand on a very attractive offering. One feature consignment offered 200 fancy 2 coming 3 year old cows all off one ranch. Young offerings sold steady to 15.00 higher.

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $388.48/cwt on 210 head. That ranks 9 of 23 comparable sales and sits −23.14 against this barn's trailing median of $411.62.
Average price
$388.48
210 head · 546 lb average
Value per head Derived
$2,121
Price × average weight ÷ 100
Grade differential Derived
$146
per head · Medium and Large 1 over Medium and Large 1-2
$34.75/cwt at this weight
vs the market
+9.64
vs MT average
−1.43 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1542400.062,169140
Medium and Large 1-2554365.322,02370
One grade step is worth $34.75/cwt here — about $146 a head. Across this sale the premium is widest at 200–300 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 sale210 hd
388.48
—
MT average4 barns · 284 hd
378.84
+9.64
National average175 barns · 15,310 hd
389.91
−1.43
This barn, trailing median23 sales
411.62
−23.14
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—Low1,768163.692,89453
CowsBreaker 75-80%High1,578165.872,61771
CowsBoner 80-85%Very Low1,341157.132,107231
CowsLean 85-90%Low1,165142.121,656289

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)1,094$3,15013
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,080$3,04911
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged/Aged (>5 yrs)1,463$2,4004thin
Bred Cows2nd/3rd Stage (4-9 mo)Young (2-4 yrs)1,024$2,29313
Bred Cows2nd/3rd Stage (4-9 mo)Aged (>8 yrs)1,373$2,2423thin

Every lot, as filed

120 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 · Steers28 lots · lightest first
Steers250–300Medium and Large 1258702.43/cwt700.00–705.001,8122
Steers250–300Medium and Large 2285500.00/cwt500.00–500.001,4251
Steers300–350Medium and Large 1333617.99/cwt600.00–650.002,0588
Steers300–350Medium and Large 1-2348500.00/cwt500.00–500.001,7403
Steers350–400Medium and Large 2368460.00/cwt460.00–460.001,6933
Steers350–400Medium and Large 1398592.50/cwt592.50–592.502,3589
Steers350–400Medium 1-2398410.00/cwt410.00–410.001,6322
Steers400–450Medium and Large 2410510.00/cwt510.00–510.002,0912
Steers400–450Medium and Large 1421578.49/cwt572.50–581.002,4357
Steers400–450Medium and Large 1-2443511.93/cwt500.00–535.002,26811
Steers450–500Medium and Large 1463544.32/cwt535.00–557.002,52089
Steers450–500Medium 1Unweaned465495.00/cwt495.00–495.002,3023
Steers450–500Medium and Large 1-2Unweaned465490.00/cwt490.00–490.002,2796
Steers450–500Medium and Large 2466390.00/cwt390.00–390.001,8176
Steers450–500Medium and Large 1Unweaned482510.00/cwt510.00–510.002,45811
Steers450–500Medium and Large 1-2490480.00/cwt480.00–480.002,3521
Steers500–550Medium and Large 1511482.66/cwt470.00–511.002,46637
Steers500–550Medium and Large 1-2523443.60/cwt440.00–457.502,32012
Steers550–600Medium and Large 1Unweaned565470.00/cwt470.00–470.002,65624
Steers550–600Medium and Large 1-2565427.50/cwt427.50–427.502,4151
Steers550–600Medium and Large 1573456.06/cwt442.50–471.002,61377
Steers600–650Medium and Large 1-2620395.00/cwt395.00–395.002,4492
Steers600–650Medium and Large 1636420.55/cwt412.00–434.002,67578
Steers650–700Medium and Large 1-2666344.00/cwt344.00–344.002,2917
Steers650–700Medium and Large 1695375.00/cwt375.00–375.002,6063
Steers700–750Medium and Large 1Full704353.00/cwt353.00–353.002,48510
Steers750–800Medium and Large 1-2779343.83/cwt343.00–345.002,6787
Steers800–850Medium and Large 2805305.00/cwt305.00–305.002,4555
Feeder Cattle · Heifers36 lots · lightest first
Heifers200–250Medium and Large 2200420.00/cwt420.00–420.008402
Heifers200–250Medium and Large 2Unweaned233400.00/cwt400.00–400.009323
Heifers200–250Medium and Large 1238580.00/cwt580.00–580.001,3803
Heifers250–300Medium and Large 2288445.00/cwt445.00–445.001,2822
Heifers300–350Medium and Large 2305400.00/cwt400.00–400.001,2201
Heifers300–350Medium and Large 1324517.50/cwt517.50–517.501,67712
Heifers300–350Medium and Large 1-2324480.00/cwt480.00–480.001,55524
Heifers300–350Medium and Large 1Unweaned340530.00/cwt530.00–530.001,8021
Heifers350–400Medium and Large 1375492.42/cwt489.00–495.001,84732
Heifers350–400Medium and Large 1-2376470.00/cwt470.00–470.001,7679
Heifers350–400Medium 1384353.34/cwt345.00–360.001,3577
Heifers350–400Medium and Large 1-2Unweaned395420.00/cwt420.00–420.001,6595
Heifers400–450Medium and Large 1-2418413.77/cwt402.50–440.001,73041
Heifers400–450Medium and Large 1427467.93/cwt467.50–475.001,99829
Heifers400–450Medium and Large 2438397.50/cwt397.50–397.501,7413
Heifers400–450Medium and Large 1-2Unweaned445440.00/cwt440.00–440.001,9584
Heifers450–500Medium and Large 1-2473427.00/cwt415.00–435.002,02018
Heifers450–500Medium and Large 1Unweaned475435.96/cwt420.00–444.002,07125
Heifers450–500Medium and Large 1477443.86/cwt432.50–450.002,11738
Heifers450–500Medium and Large 2480360.00/cwt360.00–360.001,7284
Heifers500–550Medium and Large 1Unweaned509431.33/cwt411.00–432.502,19518
Heifers500–550Medium and Large 1-2522378.63/cwt365.00–387.501,97633
Heifers500–550Medium and Large 1528412.99/cwt397.50–432.502,18156
Heifers550–600Medium and Large 1563380.57/cwt362.00–395.002,14366
Heifers550–600Medium and Large 1-2582353.44/cwt340.00–360.002,05737
Heifers600–650Medium and Large 1625354.95/cwt350.00–361.002,21832
Heifers600–650Medium and Large 1-2633343.75/cwt341.00–349.002,1768
Heifers600–650Medium and Large 1Unweaned642352.06/cwt352.00–352.502,26041
Heifers650–700Medium and Large 1665351.84/cwt346.00–355.002,34016
Heifers650–700Medium and Large 1-2670326.02/cwt319.00–330.002,18410
Heifers700–750Medium and Large 1700340.00/cwt340.00–340.002,3801
Heifers700–750Medium and Large 1-2730308.73/cwt307.00–309.002,2547
Heifers750–800Medium and Large 1755329.00/cwt329.00–329.002,48415
Heifers750–800Medium and Large 1-2793295.00/cwt295.00–295.002,3393
Heifers800–850Medium and Large 1-2800280.00/cwt280.00–280.002,2402
Heifers850–900Medium and Large 1-2878295.50/cwt295.50–295.502,5945
Feeder Cattle · Bulls16 lots · lightest first
Bulls350–400Medium and Large 1Unweaned370540.00/cwt540.00–540.001,9984
Bulls400–450Medium and Large 1432489.20/cwt460.00–500.002,11314
Bulls400–450Medium and Large 1Unweaned439450.00/cwt450.00–450.001,9765
Bulls450–500Medium and Large 1-2457405.00/cwt405.00–405.001,8513
Bulls450–500Medium and Large 1467431.66/cwt430.00–435.002,0163
Bulls500–550Medium and Large 1-2518383.99/cwt380.00–385.001,9895
Bulls500–550Medium and Large 2533362.79/cwt340.00–395.001,9347
Bulls550–600Large 1-2584340.00/cwt340.00–340.001,9868
Bulls600–650Medium and Large 1-2640325.00/cwt325.00–325.002,0802
Bulls600–650Medium and Large 1649343.00/cwt343.00–343.002,22628
Bulls650–700Large 1679336.00/cwt336.00–336.002,28126
Bulls700–750Medium and Large 2733275.00/cwt275.00–275.002,0162
Bulls750–800Medium and Large 1788290.00/cwt290.00–290.002,2852
Bulls950–1000Medium and Large 1-2952287.50/cwt287.50–287.502,7373
Bulls1250–1300Large 1-21,252220.87/cwt217.00–232.502,7654
Bulls1350–1400Large 11,379194.00/cwt194.00–194.002,6756
Slaughter Cattle · Bulls5 lots · lightest first
Bulls——1,515177.00/cwt177.00–177.002,6821
Bulls——Return to Feed1,558166.36/cwt162.00–170.002,5926
Bulls——Return to Feed1,592172.00/cwt172.00–172.002,7384
Bulls——1,736146.96/cwt131.00–172.002,55120
Bulls——1,898176.06/cwt172.00–181.003,34222
Slaughter Cattle · Cows20 lots · lightest first
Cows—Lean 85-90%Light Weight89355.00/cwt55.00–55.004916
Cows—Lean 85-90%1,141110.03/cwt87.50–117.501,25566
Cows—Lean 85-90%1,165122.50/cwt122.50–122.501,4271
Cows—Lean 85-90%Return to Feed1,170166.14/cwt165.75–169.001,944112
Cows—Lean 85-90%1,18680.93/cwt55.00–87.5096020
Cows—Lean 85-90%Return to Feed1,192160.13/cwt150.00–165.001,90969
Cows—Lean 85-90%Return to Feed1,195138.93/cwt115.00–149.001,66015
Cows—Boner 80-85%Return to Feed1,266169.00/cwt169.00–169.002,14038
Cows—Boner 80-85%1,328108.50/cwt95.00–117.001,4419
Cows—Boner 80-85%Return to Feed1,348163.23/cwt156.00–170.002,200116
Cows—Boner 80-85%Return to Feed1,368149.88/cwt126.00–157.502,05062
Cows—Boner 80-85%1,390134.62/cwt122.00–140.501,8713
Cows—Boner 80-85%1,46288.85/cwt80.00–102.501,2993
Cows—Breaker 75-80%Non-Traditional1,505190.50/cwt190.50–190.502,8671
Cows—Breaker 75-80%Return to Feed1,553154.90/cwt148.00–158.502,4066
Cows—Breaker 75-80%Return to Feed1,558170.21/cwt169.00–174.002,65215
Cows—Breaker 75-80%1,563170.50/cwt170.50–170.502,6653
Cows—Breaker 75-80%Return to Feed1,566165.83/cwt155.00–171.002,59740
Cows—Breaker 75-80%1,714162.40/cwt159.00–165.502,7845
Cows—Breaker 75-80%1,915147.00/cwt147.00–147.002,8151
Replacement Cattle · Stock Cows9 lots · lightest first
Stock Cows—Medium 1740260.00/cwt260.00–260.001,9241
Stock Cows—Medium and Large 1-2Thin Fleshed853194.84/cwt190.00–200.001,6622
Stock Cows—Medium and Large 1Fancy879359.00/cwt359.00–359.003,156209
Stock Cows—Medium and Large 1930297.09/cwt240.00–337.502,763174
Stock Cows—Medium and Large 1-2963252.20/cwt222.50–278.002,42928
Stock Cows—Medium and Large 11,061257.43/cwt172.00–322.502,731105
Stock Cows—Medium and Large 1-21,073198.05/cwt177.50–245.002,12516
Stock Cows—Medium and Large 1Fleshy1,335173.96/cwt161.00–197.502,3223
Stock Cows—Medium and Large 11,338170.00/cwt170.00–170.002,2752
Replacement Cattle · Bred Cows6 lots · lightest first
Bred Cows—Medium and Large 2-38531,100.00/head1,100.00–1,100.001,1006
Bred Cows—Medium and Large 11,0803,048.98/head2,900.00–3,100.003,04911
Bred Cows—Medium and Large 11,0943,150.00/head3,150.00–3,150.003,15013
Bred Cows—Medium and Large 11,1703,315.63/head3,300.00–3,350.003,3167
Bred Cows—Medium and Large 1-2Broken Mouth1,3732,241.50/head2,225.00–2,275.002,2423
Bred Cows—Medium and Large 11,4632,400.00/head2,400.00–2,400.002,4004

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.