Sale reports / Montana / Billings Livestock Commission / 2026-02-12

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Feb 12
● Final102 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
2,413 head
149 vs last sale 2,562 696 vs year ago 1,717 · +40.5%
Slaughter Cattle receipts
132 head
47 vs last sale 179 66 vs year ago 66 · +100.0%
Replacement Cattle receipts
151 head
54 vs last sale 205 104 vs year ago 47 · +221.3%
Also sold here(Mon)Thu Apr 16, 2026
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Reporter comment USDA

As filed

Compared to last sale (2-05-26): Feeder sold generally steady to 5.00 higher on all weight classes. Feeder heifers under 500 lbs sold mostly 5.00-10.00 higher, all other weights of heifers sold generally steady, with the exception of 600-649 lbs heifers which sold mostly 3.00-5.00 higher. 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 with several order buyers buying for packers noticed. Cattle overall were more fleshy this week as most large offerings were out of backgrounding lots. Cattle were very clean as weather conditions have been mostly dry with little to no snow. Market activity was very active with rapid bidding seen. A smaller buyer pool was noticed this week, however demand was similar to last week. 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. Feeding cows sold mostly steady. 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. Slaughter cows were all too lightly tested to develop an accurate market trend, however steady undertones were noticed. Weigh up conditions were mostly average to below average this week. Slaughter bulls sold mostly 2.00-4.00 higher in a very 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 were too lightly tested to develop a full market trend, however higher undertones were noticed. Quality this week was mostly average. Demand for replacement cows was very good as buyers showed willingness to buy older cows to try and rebreed.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $508.50/cwt on 257 head, up $32.73 from the prior sale. That ranks 17 of 21 comparable sales and sits +20.72 against this barn's trailing median of $487.78.
Average price
$508.50
32.73 vs prior sale
257 head · 546 lb average
Value per head Derived
$2,776
Price × average weight ÷ 100
Grade differential Derived
$254
per head · Medium and Large 1 over Medium and Large 1-2
$35.70/cwt at this weight
vs the market
+9.03
vs MT average
+30.11 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1546510.402,787243
Large 1574477.502,7414thin
Medium and Large 1-2534474.702,53210thin
One grade step is worth $35.70/cwt here — about $254 a head. Across this sale the premium is widest at 600–700 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 sale257 hd
508.50
MT average3 barns · 402 hd
499.47
+9.03
National average184 barns · 16,706 hd
478.39
+30.11
This barn, trailing median21 sales
487.78
+20.72
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
BullsHigh1,816189.503,44121
CowsBoner 80-85%High1,435167.782,40820
CowsBreaker 75-80%Average1,610165.582,66515
CowsLean 85-90%Average1,119146.261,63730

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 (2-4 yrs)1,200$3,5502thin
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,225$3,1503thin
Bred Cows3rd Stage (7-9 mo)Middle Aged/Aged (>5 yrs)1,350$3,1502thin
Bred Cows3rd Stage (7-9 mo)Aged (>8 yrs)1,492$2,8005
Bred Cows2nd/3rd Stage (4-9 mo)Aged (>8 yrs)1,354$2,2757

Every lot, as filed

102 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 1650–700694374.00/cwt374.00–374.002,5965
SteersMedium and Large 1650–700673427.93/cwt416.00–450.002,88033
SteersMedium and Large 1-2650–700678401.12/cwt380.00–419.002,72015
SteersMedium and Large 1900–950910360.00/cwt360.00–360.003,27660
SteersMedium and Large 1800–850821362.72/cwt360.00–369.002,97868
SteersMedium and Large 1-2500–550508496.14/cwt490.00–505.002,5205
SteersMedium and Large 1-2900–950929329.68/cwt323.00–331.003,0636
SteersMedium and Large 1Fleshy900–950931338.00/cwt338.00–338.003,14722
SteersMedium and Large 1Fleshy700–750735370.60/cwt367.50–380.002,72424
SteersMedium and Large 1Fleshy650–700690390.55/cwt385.00–396.002,69510
SteersLarge 1950–1000974339.00/cwt339.00–339.003,30210
SteersLarge 1800–850828356.00/cwt356.00–356.002,9482
SteersLarge 1550–600574477.50/cwt477.50–477.502,7414
HeifersMedium and Large 1450–500470510.17/cwt495.00–522.502,39860
HeifersMedium and Large 1550–600591430.27/cwt425.00–460.002,543187
HeifersMedium 1450–500478460.00/cwt460.00–460.002,1993
SteersMedium and Large 1Fleshy950–1000965340.00/cwt340.00–340.003,2813
SteersMedium and Large 1Fleshy850–900868349.00/cwt349.00–349.003,0294
SteersMedium and Large 1Fleshy750–800794356.00/cwt356.00–356.002,8275
HeifersMedium and Large 1-2700–750705354.00/cwt354.00–354.002,49614
HeifersMedium and Large 1-2750–800772348.00/cwt348.00–348.002,68716
HeifersMedium and Large 1600–650617416.91/cwt407.00–426.002,57265
HeifersMedium and Large 1650–700680379.68/cwt368.00–385.002,58265
HeifersMedium and Large 1500–550532469.88/cwt460.00–490.002,500139
HeifersMedium and Large 1400–450421526.69/cwt520.00–540.002,21753
HeifersMedium and Large 1-2800–850810324.00/cwt324.00–324.002,6247
HeifersMedium and Large 1350–400365558.46/cwt552.50–580.002,03846
SteersMedium and Large 1Fleshy800–850840341.24/cwt340.00–345.002,8664
SteersMedium and Large 1-2400–450438578.78/cwt525.00–589.002,53563
SteersMedium and Large 1-2850–900878343.00/cwt343.00–343.003,01218
SteersMedium and Large 1750–800768379.72/cwt374.00–382.002,91697
SteersMedium and Large 1-2550–600559453.25/cwt440.00–472.502,5345
SteersMedium and Large 1-2350–400378568.78/cwt552.50–585.002,15063
SteersMedium and Large 2250–300276550.00/cwt550.00–550.001,5187
SteersMedium and Large 1400–450400605.00/cwt605.00–605.002,4201
SteersMedium 1700–750720350.00/cwt350.00–350.002,5202
SteersMedium and Large 1-2300–350310625.31/cwt590.00–645.001,9386
SteersMedium and Large 1-2450–500483562.50/cwt562.50–562.502,7172
SteersMedium and Large 1-2600–650628432.08/cwt428.00–435.002,71321
SteersMedium and Large 1450–500476568.00/cwt468.00–595.002,70486
SteersMedium and Large 1500–550519530.78/cwt500.00–556.002,755132
SteersMedium and Large 1850–900880365.00/cwt365.00–365.003,212121
SteersMedium and Large 1550–600578486.16/cwt465.00–491.002,810111
SteersMedium and Large 1600–650637452.18/cwt447.50–467.502,88033
SteersMedium and Large 1700–750720395.49/cwt384.00–413.002,84871
BullsMedium and Large 1600–650625405.00/cwt405.00–405.002,5312
BullsMedium and Large 1450–500487490.09/cwt487.50–505.002,38713
BullsLarge 11450–15001,465210.00/cwt210.00–210.003,0773
BullsLarge 11250–13001,253235.00/cwt235.00–235.002,9452
BullsMedium and Large 1650–700671385.21/cwt370.00–401.002,5854
BullsMedium and Large 1500–550522511.41/cwt510.00–515.002,67011
CowsBreaker 75-80%1,910162.00/cwt162.00–162.003,0941
CowsLean 85-90%Light Weight965135.00/cwt135.00–135.001,3031
CowsLean 85-90%Return to Feed1,178162.34/cwt162.00–166.001,91213
CowsLean 85-90%Return to Feed1,082139.79/cwt135.00–154.001,51312
CowsBreaker 75-80%Return to Feed1,572168.67/cwt164.00–173.002,65112
CowsBoner 80-85%Return to Feed1,455176.00/cwt176.00–176.002,5611
CowsLean 85-90%1,077116.25/cwt112.50–123.001,2524
CowsBreaker 75-80%1,685148.82/cwt145.00–152.002,5082
CowsBoner 80-85%Return to Feed1,434167.35/cwt160.00–170.002,40019
Bulls2,130206.00/cwt206.00–206.004,3881
Bulls2,035192.97/cwt190.00–197.003,92710
Bulls1,535174.51/cwt171.00–178.002,6792
BullsLight Weight1,220156.00/cwt156.00–156.001,9031
BullsReturn to Feed1,624191.25/cwt189.00–193.503,1067
Stock CowsMedium and Large 11,260170.39/cwt168.00–178.002,1474
BullsMedium and Large 1-2500–550540485.00/cwt485.00–485.002,6192
Stock CowsMedium and Large 11,316178.25/cwt170.50–183.002,34612
Stock CowsMedium 1882265.00/cwt265.00–265.002,3373
Stock CowsMedium and Large 1-21,183197.71/cwt181.00–215.002,3399
Stock CowsMedium 1-2800225.00/cwt225.00–225.001,8001
Bred CowsMedium and Large 11,2253,150.00/head3,150.00–3,150.003,1503
Stock CowsMedium and Large 11,126249.04/cwt207.00–285.002,80423
Stock CowsMedium and Large 11,043281.06/cwt212.50–315.002,93132
Stock CowsMedium and Large 1-2960273.31/cwt230.00–285.002,6245
Bred CowsMedium and Large 1-21,3503,150.00/head3,150.00–3,150.003,1502
Bred CowsMedium and Large 11,2003,550.00/head3,550.00–3,550.003,5502
Bred CowsMedium and Large 1Broken Mouth1,5503,150.00/head3,150.00–3,150.003,1501
Bred CowsMedium and Large 1-2Broken Mouth1,4772,712.32/head2,700.00–2,725.002,7124
Bred CowsMedium and Large 1-2Broken Mouth1,3542,275.00/head2,275.00–2,275.002,2757
Bred CowsMedium and Large 1-2Broken Mouth1,300161.00/cwt161.00–161.002,0933
HeifersMedium and Large 1-2Fleshy900–950911275.00/cwt275.00–275.002,5054
HeifersMedium and Large 1Fleshy800–850840325.00/cwt325.00–325.002,73019
BullsMedium 1-2500–550525405.00/cwt405.00–405.002,12615
BullsMedium and Large 1-2550–600578400.00/cwt400.00–400.002,3124
BullsMedium and Large 1-2750–800798312.50/cwt312.50–312.502,4942
HeifersMedium and Large 1700–750724358.64/cwt354.00–364.002,59751
HeifersMedium and Large 1-2550–600568416.26/cwt405.00–422.502,3649
HeifersMedium and Large 1-2450–500496475.51/cwt472.50–489.002,35948
HeifersMedium and Large 1Fleshy750–800766344.90/cwt344.00–347.002,64210
HeifersMedium and Large 1Fleshy700–750737348.00/cwt348.00–348.002,5653
HeifersMedium and Large 1-2Fleshy800–850837310.00/cwt310.00–310.002,5953
HeifersMedium and Large 2650–700678320.00/cwt320.00–320.002,1702
HeifersMedium and Large 2900–950908303.00/cwt303.00–303.002,7514
HeifersMedium and Large 1-2400–450421501.69/cwt500.00–505.002,1129
HeifersMedium and Large 1-2350–400363518.10/cwt500.00–540.001,88112
HeifersMedium and Large 1-2600–650641399.00/cwt399.00–399.002,5586
HeifersMedium and Large 1-2650–700686364.15/cwt357.50–365.002,49826
HeifersMedium and Large 1-2500–550539423.95/cwt420.00–450.002,28522
HeifersMedium and Large 1800–850826343.99/cwt338.00–347.002,84199
HeifersMedium and Large 1850–900882330.00/cwt330.00–330.002,91130
HeifersMedium and Large 2600–650608362.00/cwt350.00–370.002,2015

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.