Sale reports / Montana / Billings Livestock Commission / 2026-01-29

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Jan 29
● Final71 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
409 head
87 vs last sale 322 356 vs year ago 765 · 46.5%
Slaughter Cattle receipts
249 head
297 vs last sale 546 379 vs year ago 628 · 60.4%
Replacement Cattle receipts
196 head
72 vs last sale 268 25 vs year ago 221 · 11.3%
Also sold here(Mon)Thu Apr 16, 2026
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Reporter comment USDA

As filed

Compared to last sale (1-22-26): Feeder cattle were all too lightly tested to develop an accurate market trend, however steady to firm undertones were noticed on a light offering. Demand for all feeder cattle was good to very good on light offerings. Quality this week was mostly plain to average with limited offering of attractive feeders noticed. Several sets of backgrounded feeders were noticed with most offerings pushing moderate amounts of flesh. Most feeder cattle were offered in small groups or as singles this sale. Market activity was mostly active despite a small buyer pool. Internet bidding was active again this week. Weigh up cows sold on good demand for light to moderate offerings. Feeding cow demand was good to very good with a larger buyer pool actively buying cows to feed. Feeding cows sold mostly 4.00-5.00 higher, with the largest price increases seen on lower quality poorer yielding cows. Slaughter cows sold on good demand this week. Packers showed stronger demand for slaughter cows as they competed with feeding cow buyers over offerings. Breaking cows sold mostly 4.00-5.00 higher, boning and lean cows sold 3.00-5.00 higher in a narrow comparison. Slaughter bulls sold mostly 2.00-4.00 higher. Weigh up conditions were mostly below average throughout the sale with many very full offerings noticed. Young age offerings suitable to feed or rebreed were too lightly tested to develop an accurate market trend, however steady undertones were noticed. Quality this week was mostly plain to average.

Weight class

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $429.23/cwt on 75 head, up $3.93 from the prior sale (only 17 head in that comparison). That ranks 9 of 21 comparable sales and sits 4.63 against this barn's trailing median of $433.86.
Average price
$429.23
3.93 vs prior sale
75 head · 556 lb average
Value per head Derived
$2,385
Price × average weight ÷ 100
Grade differential Derived
$300
per head · Medium and Large 1 over Medium and Large 1-2
$57.45/cwt at this weight
vs the market
9.92
vs MT average
8.42 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1555437.662,42964
Medium and Large 1-2560380.212,12911thin
One grade step is worth $57.45/cwt here — about $300 a head. Across this sale the premium is widest at 500–600 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 sale75 hd
429.23
MT average3 barns · 379 hd
439.16
−9.92
National average68 barns · 7,217 hd
437.65
−8.42
This barn, trailing median21 sales
433.86
−4.63
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
BullsAverage1,778186.663,31964
CowsBoner 80-85%Average1,420165.212,34677
CowsBreaker 75-80%Low1,607164.632,64676
CowsLean 85-90%Average1,099136.821,50329

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 Cows2nd/3rd Stage (4-9 mo)Middle Aged/Aged (>5 yrs)1,345$2,9501thin
Bred Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)1,226$2,7429
Bred Cows2nd/3rd Stage (4-9 mo)Aged (>8 yrs)1,361$2,6505
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,115$2,5001thin
Bred Heifers1st Stage (1-3 mo)(<2 yrs)929$2,87920

Every lot, as filed

71 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
Bred CowsMedium and Large 1Broken Mouth1,3612,650.00/head2,650.00–2,650.002,6505
Bred CowsMedium and Large 11,3452,950.00/head2,950.00–2,950.002,9501
Bred CowsMedium and Large 11,1152,500.00/head2,500.00–2,500.002,5001
Bred CowsMedium and Large 1Broken Mouth1,446165.00/cwt165.00–165.002,3864
HeifersMedium and Large 1500–550549439.77/cwt439.50–440.002,41453
HeifersMedium and Large 1550–600584427.47/cwt426.00–443.002,49611
HeifersMedium and Large 1-2Fleshy600–650635337.50/cwt337.50–337.502,1432
HeifersMedium and Large 1Fleshy800–850817317.00/cwt317.00–317.002,59034
HeifersMedium and Large 1Fleshy650–700684332.00/cwt332.00–332.002,27119
HeifersMedium and Large 1Fleshy600–650630369.00/cwt369.00–369.002,32510
HeifersMedium and Large 1-2550–600560380.21/cwt370.00–395.002,12911
HeifersMedium 1400–450420460.00/cwt460.00–460.001,9322
HeifersMedium and Large 1-2400–450441473.95/cwt467.50–482.502,0907
HeifersMedium and Large 1400–450438483.08/cwt481.00–484.002,11610
HeifersMedium 1450–500473425.00/cwt425.00–425.002,0105
HeifersLarge 1600–650618364.00/cwt364.00–364.002,2502
SteersLarge 1650–700695362.50/cwt362.50–362.502,5192
SteersMedium and Large 1600–650611434.97/cwt432.50–437.502,6584
SteersMedium and Large 1Unweaned500–550522525.00/cwt525.00–525.002,74111
HeifersMedium and Large 1-2700–750740337.00/cwt337.00–337.002,4943
HeifersMedium and Large 1600–650630395.11/cwt381.00–400.002,4898
HeifersMedium and Large 1650–700673367.25/cwt359.50–370.002,47238
SteersMedium and Large 1Fleshy850–900854332.00/cwt332.00–332.002,83517
SteersMedium and Large 1-2500–550543460.00/cwt460.00–460.002,4982
SteersMedium and Large 1400–450400580.00/cwt580.00–580.002,3201
HeifersMedium and Large 1-2350–400373466.47/cwt455.00–475.001,7405
SteersMedium and Large 1550–600573482.00/cwt482.00–482.002,7623
SteersMedium and Large 1450–500470552.50/cwt552.50–552.502,5974
SteersMedium and Large 1Unweaned600–650633427.00/cwt427.00–427.002,70315
BullsMedium and Large 1600–650617392.50/cwt392.50–392.502,4223
BullsMedium and Large 1950–1000970287.50/cwt287.50–287.502,7893
BullsMedium and Large 1700–750706366.36/cwt362.50–367.002,58714
BullsMedium and Large 1750–800784337.50/cwt337.50–337.502,6464
BullsMedium and Large 1550–600593417.50/cwt417.50–417.502,4762
BullsMedium and Large 1Unweaned600–650623397.50/cwt397.50–397.502,4762
Bulls1,844183.56/cwt179.00–192.003,38516
CowsLean 85-90%Return to Feed1,180166.56/cwt163.00–169.001,9655
CowsBreaker 75-80%Return to Feed1,521153.20/cwt143.00–161.002,33013
CowsBreaker 75-80%Return to Feed1,585167.81/cwt167.00–170.002,66031
CowsBoner 80-85%Return to Feed1,415168.63/cwt160.00–172.002,38663
Bulls2,475193.50/cwt193.50–193.504,7891
BullsNatural1,830195.27/cwt186.00–197.003,57320
CowsLean 85-90%1,118101.24/cwt100.00–102.501,1322
CowsBreaker 75-80%1,686159.17/cwt150.00–162.002,6848
CowsBreaker 75-80%1,638168.74/cwt163.00–174.002,76423
CowsBoner 80-85%1,472138.31/cwt133.00–142.002,0363
CowsBoner 80-85%Return to Feed1,496173.50/cwt173.50–173.502,5964
CowsLean 85-90%Return to Feed1,012147.58/cwt135.00–154.001,4946
CowsBoner 80-85%1,418124.92/cwt120.00–130.001,7712
CowsLean 85-90%Return to Feed1,195171.50/cwt170.00–172.002,0494
CowsLean 85-90%Light Weight91085.00/cwt85.00–85.007741
CowsBreaker 75-80%Heavy Weight2,090164.00/cwt164.00–164.003,4281
CowsBoner 80-85%Return to Feed1,387147.81/cwt140.00–157.002,0505
CowsLean 85-90%Light Weight94395.00/cwt95.00–95.008962
CowsLean 85-90%1,120120.67/cwt112.00–130.001,3529
Bulls1,698172.15/cwt167.00–176.002,9237
BullsNatural1,881198.50/cwt198.50–198.503,7348
BullsNon-Traditional1,210165.00/cwt165.00–165.001,9971
BullsNon-Traditional1,350182.00/cwt182.00–182.002,4571
BullsReturn to Feed1,518169.08/cwt152.50–182.502,5673
BullsReturn to Feed1,596180.40/cwt165.00–184.002,8797
Stock CowsMedium and Large 1-2989225.07/cwt185.00–252.502,22611
Stock CowsMedium and Large 1891300.25/cwt257.50–322.002,67561
Stock CowsMedium and Large 1-2930244.00/cwt244.00–244.002,2693
Stock CowsMedium and Large 11,056247.54/cwt184.00–310.002,61467
Stock CowsMedium and Large 1-2Thin Fleshed935185.00/cwt185.00–185.001,7301
Stock CowsMedium and Large 1Fleshy1,313178.60/cwt175.00–182.502,3453
Bred CowsMedium and Large 11,2262,742.05/head2,650.00–2,800.002,7429
Stock CowsMedium and Large 11,223171.33/cwt171.00–172.002,0956
Bred HeifersMedium and Large 19553,025.00/head3,025.00–3,025.003,02511
Bred HeifersMedium and Large 1Non-Legible BANGS8972,700.00/head2,700.00–2,700.002,7009

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.