Sale reports / Montana / Billings Livestock Commission / 2026-02-05

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Feb 5
● Final108 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
2,562 head
2,153 vs last sale 409 1,453 vs year ago 1,109 · +131.0%
Slaughter Cattle receipts
179 head
70 vs last sale 249 306 vs year ago 485 · 63.1%
Replacement Cattle receipts
205 head
9 vs last sale 196 0 vs year ago 205 · +0.0%
Also sold here(Mon)Thu Apr 16, 2026
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Reporter comment USDA

As filed

Compared to last sale (1-29-26): Feeder cattle were all too lightly tested last sale to develop an accurate market trend, however higher undertones were noticed on both steers and heifers. Last weeks sale featured mostly weigh up cows and bulls, while this weeks sale featured mostly feeder cattle. Demand for all feeder cattle was good to very good on moderate offerings. Quality this week was mostly average to very attractive with many home raised offerings seen. Most feeder cattle were offered in moderate sized groups this sale with a few load lots on offer as well. Demand for cattle too big to go to grass sold was mostly very good. Private feeders and order buyers buying for packers both showed very good demand for this weight of cattle. Heifer demand was very good as well with replacement and feeding buyers both pushing to fill loads. Market activity was very active with rapid bidding seen from a large 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 steady to 3.00 higher. Some buyers were active in buying replacement cows as they tried to purchase weigh cows to re-pregnancy check. Very few slaughter cows were purchased this week as feeding demand and replacement demand pushed cow prices over where slaughter buyers wanted to buy cows. Breaking slaughter cows sold generally steady, boning cows and lean cows sold steady to weak. Weigh up conditions were mostly below average with many full to very full offerings noticed. Slaughter bulls sold mostly steady to 5.00 higher in a narrow comparison. Several buyers purchased feeding bulls this week and these offerings sold mostly 5.00 higher. Young age offerings suitable to feed or rebreed sold generally steady. Quality this week was mostly average.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $475.77/cwt on 202 head, down $33.04 from the prior sale (only 16 head in that comparison). That ranks 7 of 21 comparable sales and sits 12.01 against this barn's trailing median of $487.78.
Average price
$475.77
33.04 vs prior sale
202 head · 575 lb average
Value per head Derived
$2,737
Price × average weight ÷ 100
Grade differential Derived
$678
per head · Medium and Large 1 over Large 2
$102.88/cwt at this weight
vs the market
5.40
vs MT average
7.26 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1570492.882,808109
Medium and Large 1-2584460.242,68987
Large 2546390.002,1296thin
One grade step is worth $102.88/cwt here — about $678 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
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 sale202 hd
475.77
MT average2 barns · 260 hd
481.17
−5.40
National average143 barns · 13,122 hd
483.03
−7.26
This barn, trailing median21 sales
487.78
−12.01
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
BullsAverage1,877182.933,43436
CowsBreaker 75-80%Very Low1,605159.962,56722
CowsBoner 80-85%Average1,404158.732,22869
CowsLean 85-90%Low1,086138.491,50443
Dairy CowsLean 85-90%Low975100.009751thin

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)Young/Middle Aged (2-8 yrs)1,464$3,75014
Bred Cows2nd/3rd Stage (4-9 mo)Young (2-4 yrs)1,163$3,5859
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged/Aged (>5 yrs)1,308$3,2002thin
Bred Cows2nd/3rd Stage (4-9 mo)Aged (>8 yrs)1,518$3,15423
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,456$3,11214
Bred Cows2nd Stage (4-6 mo)Aged (>8 yrs)1,437$3,0009
Bred Cows2nd Stage (4-6 mo)Young/Middle Aged (2-8 yrs)1,243$2,6504thin

Every lot, as filed

108 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
SteersMedium and Large 1-2300–350325625.00/cwt625.00–625.002,0311
HeifersLarge 1400–450418450.00/cwt450.00–450.001,8814
HeifersLarge 1750–800750369.00/cwt369.00–369.002,7682
SteersLarge 2500–550546390.00/cwt390.00–390.002,1296
SteersMedium and Large 1-2600–650634425.23/cwt417.50–430.002,69628
HeifersMedium and Large 1900–950911325.00/cwt325.00–325.002,9618
HeifersMedium and Large 1Replacement700–750723361.00/cwt361.00–361.002,6104
HeifersLarge 1650–700686365.00/cwt365.00–365.002,5044
SteersMedium and Large 1300–350330680.00/cwt680.00–680.002,2442
SteersMedium and Large 1500–550536513.73/cwt507.00–542.502,7547
SteersMedium and Large 1-2700–750708385.00/cwt385.00–385.002,7262
HeifersMedium and Large 1-2700–750729350.36/cwt339.00–355.002,5547
HeifersMedium and Large 1700–750718362.70/cwt354.00–372.502,604130
HeifersLarge 1700–750735353.00/cwt353.00–353.002,5952
HeifersMedium and Large 1600–650621409.05/cwt390.00–423.002,540105
HeifersMedium and Large 1-2Replacement500–550515457.00/cwt457.00–457.002,35431
HeifersMedium and Large 1550–600577433.71/cwt432.50–435.002,50327
HeifersMedium and Large 1-2600–650616375.00/cwt375.00–375.002,31010
HeifersMedium and Large 1-2450–500489464.48/cwt457.50–475.002,2715
HeifersMedium and Large 1750–800783355.46/cwt347.00–359.002,78370
HeifersMedium and Large 1450–500484491.11/cwt480.00–502.502,37738
HeifersMedium and Large 1400–450428524.53/cwt505.00–532.502,24540
HeifersMedium and Large 1-2350–400384537.17/cwt520.00–540.002,0637
HeifersMedium and Large 1-2400–450427507.85/cwt465.00–520.002,16936
HeifersMedium and Large 1-2500–550539414.30/cwt400.00–430.002,23324
HeifersMedium and Large 1300–350343590.00/cwt590.00–590.002,0242
HeifersMedium and Large 2300–350343490.00/cwt490.00–490.001,6812
HeifersMedium and Large 1-2300–350307530.00/cwt530.00–530.001,6273
SteersMedium and Large 2400–450410506.55/cwt500.00–520.002,0776
SteersLarge 1-2600–650601431.00/cwt431.00–431.002,59082
SteersMedium and Large 1-2500–550535495.00/cwt495.00–495.002,6486
SteersMedium and Large 1900–950923358.00/cwt358.00–358.003,30463
SteersMedium and Large 1-2400–450428559.54/cwt552.50–587.502,39520
SteersMedium and Large 1450–500483559.49/cwt540.00–592.502,70284
SteersMedium and Large 1-2650–700687399.18/cwt399.00–400.002,74211
SteersMedium and Large 1-2450–500462558.18/cwt550.00–565.002,5799
SteersMedium and Large 1-2550–600588457.67/cwt425.00–474.502,69181
SteersMedium and Large 1950–1000966346.00/cwt346.00–346.003,34214
SteersMedium and Large 1400–450430600.63/cwt592.50–607.502,5839
SteersMedium and Large 1750–800752385.96/cwt380.00–392.502,902179
SteersMedium and Large 1850–900865360.51/cwt350.00–361.503,118107
SteersMedium and Large 1700–750736393.92/cwt389.50–409.002,899105
SteersMedium and Large 1550–600572491.45/cwt465.00–506.502,811102
SteersLarge 1650–700678404.00/cwt404.00–404.002,7392
SteersLarge 1400–450423557.50/cwt557.50–557.502,3585
SteersMedium and Large 1650–700675421.18/cwt409.00–435.002,84374
SteersMedium and Large 1800–850815367.68/cwt358.00–377.002,99772
SteersMedium and Large 1600–650625448.55/cwt430.00–467.502,80371
SteersMedium and Large 1350–400370627.26/cwt605.00–650.002,32117
BullsMedium and Large 1600–650620380.00/cwt380.00–380.002,3562
BullsMedium and Large 1700–750729362.50/cwt362.50–362.502,6434
BullsMedium and Large 1800–850845340.00/cwt340.00–340.002,8731
BullsLarge 11300–13501,315207.00/cwt207.00–207.002,7221
BullsMedium and Large 1400–450423564.94/cwt520.00–575.002,39011
BullsMedium and Large 1500–550542455.00/cwt455.00–455.002,46610
CowsBreaker 75-80%1,723142.28/cwt141.00–144.002,4513
CowsBoner 80-85%1,414136.10/cwt129.00–145.001,92410
CowsLean 85-90%Return to Feed1,066140.06/cwt127.00–154.001,4936
CowsLean 85-90%Return to Feed1,251174.69/cwt174.00–177.002,1858
CowsLean 85-90%Return to Feed1,160165.04/cwt164.00–167.501,9147
CowsBreaker 75-80%Return to Feed1,460177.00/cwt177.00–177.002,5841
CowsLean 85-90%Light Weight806119.76/cwt117.50–125.009658
CowsLean 85-90%1,20095.73/cwt95.00–97.501,1493
CowsLean 85-90%1,121117.65/cwt105.00–124.001,3199
CowsLean 85-90%1,060133.00/cwt133.00–133.001,4101
CowsBreaker 75-80%1,698165.00/cwt163.00–167.002,8023
CowsBreaker 75-80%1,601160.94/cwt160.00–162.002,57712
Dairy CowsLean 85-90%975100.00/cwt100.00–100.009751
CowsBoner 80-85%1,388124.97/cwt122.50–127.501,7352
CowsBoner 80-85%Light Weight945140.00/cwt140.00–140.001,3232
CowsBoner 80-85%Return to Feed1,358176.52/cwt176.00–177.002,3973
CowsBoner 80-85%Return to Feed1,428169.53/cwt164.00–172.002,42140
CowsLean 85-90%Light Weight965125.00/cwt125.00–125.001,2061
CowsBreaker 75-80%Return to Feed1,458163.00/cwt163.00–163.002,3773
CowsBoner 80-85%Return to Feed1,404145.88/cwt144.00–149.002,04812
Bulls1,971190.73/cwt190.00–194.003,75913
Bulls2,021167.19/cwt161.00–171.003,3795
BullsReturn to Feed1,754167.97/cwt161.00–178.002,9464
BullsReturn to Feed1,774185.59/cwt184.50–188.003,29214
Stock CowsMedium and Large 1-2903268.19/cwt260.00–275.002,4222
Stock CowsMedium and Large 1Fleshy1,194222.05/cwt212.50–225.002,6515
Bred CowsMedium and Large 11,4643,750.00/head3,750.00–3,750.003,75014
HeifersMedium and Large 1650–700665380.03/cwt369.00–392.002,52770
HeifersMedium and Large 1-2Replacement550–600571446.00/cwt446.00–446.002,54776
HeifersMedium and Large 1500–550522474.05/cwt455.00–480.002,47576
HeifersMedium and Large 1-2650–700660364.00/cwt364.00–364.002,4023
HeifersMedium and Large 1-2550–600597404.00/cwt404.00–404.002,4126
BullsMedium and Large 1300–350340634.35/cwt632.50–640.002,1574
BullsMedium and Large 1350–400393627.50/cwt627.50–627.502,4662
BullsMedium and Large 1-2300–350330630.00/cwt630.00–630.002,0791
BullsLarge 1-21000–10501,035270.00/cwt270.00–270.002,7951
HeifersMedium and Large 1Fleshy650–700697360.99/cwt360.00–363.002,51618
HeifersMedium and Large 1350–400372582.07/cwt574.00–592.502,16544
Bred CowsMedium and Large 1-2Broken Mouth1,3032,650.00/head2,650.00–2,650.002,6503
Bred CowsMedium and Large 1Broken Mouth1,5613,250.00/head3,250.00–3,250.003,25019
Bred CowsMedium and Large 1Broken Mouth1,4373,000.00/head3,000.00–3,000.003,0009
Bred CowsSmall and Medium 2-3763165.00/cwt165.00–165.001,25913
Bred CowsMedium and Large 11,3452,850.00/head2,850.00–2,850.002,8501
Bred CowsMedium and Large 1-21,1633,585.23/head3,350.00–3,625.003,5859
Stock CowsMedium and Large 11,058246.98/cwt130.00–315.002,61333
Stock CowsMedium 1780295.00/cwt295.00–295.002,3011
Stock CowsMedium and Large 1-21,035165.00/cwt165.00–165.001,7081
Stock CowsMedium and Large 11,382169.33/cwt155.00–175.002,34013
Stock CowsMedium and Large 11,005284.25/cwt240.00–310.002,85737
Stock CowsMedium and Large 1-2996215.18/cwt175.00–250.002,1439
Bred CowsMedium and Large 1-21,3083,200.00/head3,200.00–3,200.003,2002
Bred CowsMedium and Large 11,4563,111.55/head3,000.00–3,250.003,11214
Bred CowsMedium and Large 1-21,2432,650.00/head2,650.00–2,650.002,6504

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.