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)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. 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 class

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $388.48/cwt on 210 head. That ranks 3 of 21 comparable sales and sits 45.38 against this barn's trailing median of $433.86.
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.

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 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 median21 sales
433.86
−45.38
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
BullsLow1,768163.692,89453
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.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
HeifersMedium and Large 1-2350–400376470.00/cwt470.00–470.001,7679
HeifersMedium and Large 1-2800–850800280.00/cwt280.00–280.002,2402
HeifersMedium and Large 1-2850–900878295.50/cwt295.50–295.502,5945
HeifersMedium and Large 2450–500480360.00/cwt360.00–360.001,7284
HeifersMedium and Large 1200–250238580.00/cwt580.00–580.001,3803
HeifersMedium and Large 1-2300–350324480.00/cwt480.00–480.001,55524
HeifersMedium and Large 1-2650–700670326.02/cwt319.00–330.002,18410
HeifersMedium and Large 2200–250200420.00/cwt420.00–420.008402
HeifersMedium and Large 1-2500–550522378.63/cwt365.00–387.501,97633
HeifersMedium and Large 2300–350305400.00/cwt400.00–400.001,2201
HeifersMedium and Large 1-2750–800793295.00/cwt295.00–295.002,3393
HeifersMedium and Large 1-2450–500473427.00/cwt415.00–435.002,02018
HeifersMedium and Large 1-2400–450418413.77/cwt402.50–440.001,73041
HeifersMedium and Large 1600–650625354.95/cwt350.00–361.002,21832
HeifersMedium and Large 1550–600563380.57/cwt362.00–395.002,14366
HeifersMedium and Large 1300–350324517.50/cwt517.50–517.501,67712
HeifersMedium and Large 1750–800755329.00/cwt329.00–329.002,48415
HeifersMedium and Large 1Unweaned300–350340530.00/cwt530.00–530.001,8021
HeifersMedium and Large 1500–550528412.99/cwt397.50–432.502,18156
HeifersMedium 1350–400384353.34/cwt345.00–360.001,3577
HeifersMedium and Large 1650–700665351.84/cwt346.00–355.002,34016
HeifersMedium and Large 1700–750700340.00/cwt340.00–340.002,3801
SteersMedium and Large 1250–300258702.43/cwt700.00–705.001,8122
SteersMedium and Large 1Full700–750704353.00/cwt353.00–353.002,48510
HeifersMedium and Large 1Unweaned450–500475435.96/cwt420.00–444.002,07125
HeifersMedium and Large 1Unweaned600–650642352.06/cwt352.00–352.502,26041
HeifersMedium and Large 1Unweaned500–550509431.33/cwt411.00–432.502,19518
HeifersMedium and Large 1350–400375492.42/cwt489.00–495.001,84732
SteersMedium and Large 1-2600–650620395.00/cwt395.00–395.002,4492
SteersMedium and Large 1-2500–550523443.60/cwt440.00–457.502,32012
SteersMedium 1-2350–400398410.00/cwt410.00–410.001,6322
SteersMedium and Large 2800–850805305.00/cwt305.00–305.002,4555
SteersMedium and Large 2450–500466390.00/cwt390.00–390.001,8176
SteersMedium and Large 1-2400–450443511.93/cwt500.00–535.002,26811
SteersMedium and Large 2250–300285500.00/cwt500.00–500.001,4251
SteersMedium and Large 1-2450–500490480.00/cwt480.00–480.002,3521
SteersMedium and Large 1600–650636420.55/cwt412.00–434.002,67578
SteersMedium and Large 1-2750–800779343.83/cwt343.00–345.002,6787
SteersMedium and Large 2350–400368460.00/cwt460.00–460.001,6933
SteersMedium and Large 2400–450410510.00/cwt510.00–510.002,0912
SteersMedium and Large 1-2300–350348500.00/cwt500.00–500.001,7403
SteersMedium and Large 1550–600573456.06/cwt442.50–471.002,61377
SteersMedium and Large 1500–550511482.66/cwt470.00–511.002,46637
SteersMedium and Large 1-2550–600565427.50/cwt427.50–427.502,4151
SteersMedium and Large 1-2650–700666344.00/cwt344.00–344.002,2917
SteersMedium and Large 1450–500463544.32/cwt535.00–557.002,52089
SteersMedium and Large 1-2Unweaned450–500465490.00/cwt490.00–490.002,2796
SteersMedium and Large 1650–700695375.00/cwt375.00–375.002,6063
SteersMedium and Large 1350–400398592.50/cwt592.50–592.502,3589
SteersMedium and Large 1Unweaned550–600565470.00/cwt470.00–470.002,65624
SteersMedium and Large 1300–350333617.99/cwt600.00–650.002,0588
SteersMedium and Large 1400–450421578.49/cwt572.50–581.002,4357
SteersMedium 1Unweaned450–500465495.00/cwt495.00–495.002,3023
SteersMedium and Large 1Unweaned450–500482510.00/cwt510.00–510.002,45811
BullsMedium and Large 1450–500467431.66/cwt430.00–435.002,0163
BullsMedium and Large 1750–800788290.00/cwt290.00–290.002,2852
BullsLarge 11350–14001,379194.00/cwt194.00–194.002,6756
BullsMedium and Large 1Unweaned350–400370540.00/cwt540.00–540.001,9984
BullsMedium and Large 1Unweaned400–450439450.00/cwt450.00–450.001,9765
BullsMedium and Large 1600–650649343.00/cwt343.00–343.002,22628
CowsBreaker 75-80%1,563170.50/cwt170.50–170.502,6653
CowsLean 85-90%Return to Feed1,195138.93/cwt115.00–149.001,66015
CowsLean 85-90%Return to Feed1,170166.14/cwt165.75–169.001,944112
CowsLean 85-90%Return to Feed1,192160.13/cwt150.00–165.001,90969
CowsBreaker 75-80%Return to Feed1,558170.21/cwt169.00–174.002,65215
CowsBreaker 75-80%Return to Feed1,566165.83/cwt155.00–171.002,59740
CowsBoner 80-85%1,46288.85/cwt80.00–102.501,2993
CowsBoner 80-85%1,390134.62/cwt122.00–140.501,8713
CowsLean 85-90%1,18680.93/cwt55.00–87.5096020
CowsLean 85-90%1,141110.03/cwt87.50–117.501,25566
CowsBreaker 75-80%1,915147.00/cwt147.00–147.002,8151
CowsLean 85-90%1,165122.50/cwt122.50–122.501,4271
CowsBreaker 75-80%Non-Traditional1,505190.50/cwt190.50–190.502,8671
CowsLean 85-90%Light Weight89355.00/cwt55.00–55.004916
CowsBoner 80-85%Return to Feed1,266169.00/cwt169.00–169.002,14038
CowsBoner 80-85%Return to Feed1,348163.23/cwt156.00–170.002,200116
CowsBoner 80-85%Return to Feed1,368149.88/cwt126.00–157.502,05062
CowsBreaker 75-80%1,714162.40/cwt159.00–165.502,7845
CowsBoner 80-85%1,328108.50/cwt95.00–117.001,4419
CowsBreaker 75-80%Return to Feed1,553154.90/cwt148.00–158.502,4066
Bulls1,736146.96/cwt131.00–172.002,55120
Bulls1,898176.06/cwt172.00–181.003,34222
Bulls1,515177.00/cwt177.00–177.002,6821
BullsReturn to Feed1,558166.36/cwt162.00–170.002,5926
BullsReturn to Feed1,592172.00/cwt172.00–172.002,7384
Stock CowsMedium and Large 11,338170.00/cwt170.00–170.002,2752
Stock CowsMedium and Large 1930297.09/cwt240.00–337.502,763174
Stock CowsMedium and Large 1-2963252.20/cwt222.50–278.002,42928
Stock CowsMedium and Large 1-2Thin Fleshed853194.84/cwt190.00–200.001,6622
Stock CowsMedium and Large 1Fleshy1,335173.96/cwt161.00–197.502,3223
HeifersMedium and Large 1-2550–600582353.44/cwt340.00–360.002,05737
HeifersMedium and Large 2250–300288445.00/cwt445.00–445.001,2822
HeifersMedium and Large 1-2Unweaned400–450445440.00/cwt440.00–440.001,9584
HeifersMedium and Large 1-2Unweaned350–400395420.00/cwt420.00–420.001,6595
HeifersMedium and Large 1-2600–650633343.75/cwt341.00–349.002,1768
HeifersMedium and Large 1-2700–750730308.73/cwt307.00–309.002,2547
HeifersMedium and Large 1400–450427467.93/cwt467.50–475.001,99829
HeifersMedium and Large 2400–450438397.50/cwt397.50–397.501,7413
BullsMedium and Large 1-2450–500457405.00/cwt405.00–405.001,8513
BullsMedium and Large 1-2950–1000952287.50/cwt287.50–287.502,7373
BullsMedium and Large 1-2500–550518383.99/cwt380.00–385.001,9895
BullsMedium and Large 1400–450432489.20/cwt460.00–500.002,11314
HeifersMedium and Large 1450–500477443.86/cwt432.50–450.002,11738
HeifersMedium and Large 2Unweaned200–250233400.00/cwt400.00–400.009323
BullsLarge 1-21250–13001,252220.87/cwt217.00–232.502,7654
BullsMedium and Large 1-2600–650640325.00/cwt325.00–325.002,0802
BullsMedium and Large 2500–550533362.79/cwt340.00–395.001,9347
BullsMedium and Large 2700–750733275.00/cwt275.00–275.002,0162
BullsLarge 1650–700679336.00/cwt336.00–336.002,28126
BullsLarge 1-2550–600584340.00/cwt340.00–340.001,9868
Bred CowsMedium and Large 1-2Broken Mouth1,3732,241.50/head2,225.00–2,275.002,2423
Bred CowsMedium and Large 11,0943,150.00/head3,150.00–3,150.003,15013
Bred CowsMedium and Large 11,1703,315.63/head3,300.00–3,350.003,3167
Bred CowsMedium and Large 2-38531,100.00/head1,100.00–1,100.001,1006
Bred CowsMedium and Large 11,4632,400.00/head2,400.00–2,400.002,4004
Bred CowsMedium and Large 11,0803,048.98/head2,900.00–3,100.003,04911
Stock CowsMedium 1740260.00/cwt260.00–260.001,9241
Stock CowsMedium and Large 1-21,073198.05/cwt177.50–245.002,12516
Stock CowsMedium and Large 11,061257.43/cwt172.00–322.502,731105
Stock CowsMedium and Large 1Fancy879359.00/cwt359.00–359.003,156209

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.