Sale reports / Montana / Billings Livestock Commission / 2026-05-21

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, May 21
● Final90 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
344 head
124 vs last sale 220 45 vs year ago 299 · +15.1%
Slaughter Cattle receipts
712 head
122 vs last sale 590 215 vs year ago 497 · +43.3%
Replacement Cattle receipts
321 head
6 vs last sale 315 119 vs year ago 202 · +58.9%
Also sold here(Mon)Thu Apr 16, 2026
View

Reporter comment USDA

As filed

Compared to last sale (5-14-26): Feeder cattle were all too lightly tested to develop any market trend. Quality this week was mostly plain with many blemished cattle in the offering. Very few reportable cattle sold today as a result. Demand was mostly moderate to good for light offerings. Most offerings were offered in small groups or as singles. Quality limited demand this sale. A small crowd was on hand for todays sale. Market activity was mostly moderate. Weigh up cows sold on good to very good demand. Demand for feeding cows was very good with additional buyers in the market this week buying cows to feed. Canadian buyers were mostly absent this week, however private feeders all showed very good demand for cows and pushed offerings higher. Feeding cows sold 2.00-5.00 higher on breaking and boning flesh cows, while lean fleshed cows sold generally steady to firm. Demand for slaughter cows was stronger this week as packers showed need for cows for immediate harvest. All slaughter cows were too lightly tested to develop an accurate market trend, however higher undertones were noticed on all offerings. Slaughter bulls sold mostly steady to firm on a higher yielding offering. Bull quality this week was mostly attractive. Bull quality and yields were higher this week, and while prices were slightly higher on a live basis, bulls sold near steady on a dressed basis. Demand for feeding bulls was very good again this sale. Feeding bulls sold mostly steady. Young age offerings suitable to feed or rebreed sold mostly 10.00-15.00 higher on a higher quality offering. Quality this week was mostly average to attractive and overall significantly higher than last weeks offering. Demand for feeding quality young cows was very good this week with additional buyers in the market.

Weight class

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $411.81/cwt on 30 head, down $27.65 from the prior sale. That ranks 5 of 21 comparable sales and sits 22.05 against this barn's trailing median of $433.86.
Average price
$411.81
27.65 vs prior sale
30 head · 551 lb average
Value per head Derived
$2,271
Price × average weight ÷ 100
Grade differential Derived
$181
per head · Medium and Large 1 over Medium and Large 2
$36.36/cwt at this weight
vs the market
3.54
vs MT average
6.45 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1555440.002,4421thin
Medium and Large 1-2549415.902,28416thin
Large 1-2520410.002,1322thin
Medium and Large 2560403.642,26111thin
One grade step is worth $36.36/cwt here — about $181 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
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 sale30 hd
411.81
MT average2 barns · 41 hd
415.35
−3.54
National average175 barns · 12,602 hd
418.26
−6.45
This barn, trailing median21 sales
433.86
−22.05
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
BullsAverage1,841223.734,11977
CowsBoner 80-85%High1,407189.532,667194
CowsBreaker 75-80%Average1,614188.833,048146
CowsLean 85-90%Average1,146175.842,01697
Dairy CowsBreaker 75-80%High1,275185.002,3591thin

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 Cows3rd Stage (7-9 mo)Young (2-4 yrs)1,178$3,89112
Bred Cows3rd Stage (7-9 mo)Aged (>8 yrs)1,435$3,4501thin
Cow-Calf PairsOpenAged (>8 yrs)1,655$4,2004thin

Every lot, as filed

90 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 2650–700679361.93/cwt340.00–367.502,45815
HeifersMedium and Large 2600–650611360.00/cwt360.00–360.002,2005
SteersMedium and Large 2950–1000965319.00/cwt319.00–319.003,0783
HeifersMedium and Large 2550–600571400.00/cwt400.00–400.002,2847
SteersMedium and Large 2650–700661370.63/cwt367.50–385.002,45011
HeifersMedium and Large 1-2700–750715364.99/cwt360.00–367.502,6109
HeifersMedium and Large 2400–450435465.00/cwt465.00–465.002,0232
HeifersMedium and Large 1-2400–450408490.00/cwt490.00–490.001,9992
SteersMedium and Large 1-2800–850825362.19/cwt360.00–362.502,9888
SteersMedium and Large 1-2550–600590440.00/cwt440.00–440.002,5962
BullsMedium and Large 1-2650–700668375.00/cwt375.00–375.002,5052
HeifersMedium and Large 2450–500493435.00/cwt435.00–435.002,1454
SteersMedium and Large 2700–750748350.00/cwt350.00–350.002,6182
SteersMedium and Large 1-2750–800782367.00/cwt367.00–367.002,87011
HeifersMedium and Large 1-2450–500456478.00/cwt475.00–480.002,18010
SteersMedium and Large 1-2900–950933320.00/cwt320.00–320.002,9867
BullsMedium and Large 1-2700–750725365.00/cwt365.00–365.002,6462
HeifersMedium and Large 1-2850–900863311.00/cwt311.00–311.002,6842
HeifersMedium and Large 1-2500–550536422.24/cwt420.00–425.002,26311
BullsMedium and Large 1-2350–400398560.00/cwt560.00–560.002,2293
BullsMedium and Large 1-21000–10501,022285.00/cwt285.00–285.002,9133
HeifersMedium and Large 1-2550–600578401.94/cwt390.00–405.002,3235
HeifersMedium and Large 1-2650–700667366.91/cwt360.00–369.002,44712
SteersMedium and Large 1-2500–550538470.00/cwt470.00–470.002,5294
HeifersMedium and Large 1-2Fleshy700–750742335.00/cwt335.00–335.002,4869
HeifersMedium and Large 1Unweaned550–600555440.00/cwt440.00–440.002,4421
HeifersMedium and Large 1-2600–650638380.02/cwt367.50–387.502,42516
HeifersMedium and Large 1-2800–850822323.47/cwt320.00–324.002,65915
HeifersMedium and Large 1600–650605400.00/cwt400.00–400.002,4201
HeifersMedium and Large 1800–850823331.00/cwt331.00–331.002,72415
SteersMedium and Large 1-2650–700689402.50/cwt402.50–402.502,7734
HeifersMedium and Large 1Fleshy950–1000968309.00/cwt309.00–309.002,9919
HeifersMedium and Large 1Fleshy850–900888320.00/cwt320.00–320.002,84219
BullsMedium and Large 1600–650625410.00/cwt410.00–410.002,5632
BullsMedium and Large 11000–10501,010302.50/cwt302.50–302.503,0551
Stock CowsMedium and Large 11,174238.17/cwt195.00–331.002,796105
Bred CowsMedium and Large 11,229310.00/cwt310.00–310.003,8103
Bred CowsMedium and Large 11,2533,971.96/head3,875.00–4,000.003,9726
Cow-Calf PairsMedium and Large 1Broken Mouth1,6554,200.00/head4,200.00–4,200.004,2004
CowsBreaker 75-80%Return to Feed1,614188.89/cwt181.00–194.003,04964
CowsBreaker 75-80%Heavy Weight2,151160.09/cwt156.00–164.003,4444
CowsBreaker 75-80%Return to Feed1,672170.82/cwt169.00–173.002,8566
CowsBreaker 75-80%Return to Feed1,527199.05/cwt194.00–204.503,03952
CowsBreaker 75-80%1,738173.32/cwt171.00–175.003,01210
CowsBreaker 75-80%1,695166.78/cwt162.00–171.002,8277
CowsLean 85-90%Light Weight915154.00/cwt154.00–154.001,4092
CowsLean 85-90%1,155139.63/cwt130.00–146.001,6136
CowsLean 85-90%1,215170.00/cwt170.00–170.002,0661
Bulls2,253214.36/cwt211.00–218.004,8302
CowsLean 85-90%Return to Feed1,194192.85/cwt189.00–197.002,30313
Dairy CowsBreaker 75-80%1,275185.00/cwt185.00–185.002,3591
CowsLean 85-90%Return to Feed1,158184.29/cwt175.00–189.002,13438
CowsBreaker 75-80%1,705188.00/cwt188.00–188.003,2053
CowsLean 85-90%Light Weight740160.00/cwt160.00–160.001,1841
Bulls1,810207.50/cwt207.50–207.503,7561
CowsBoner 80-85%Return to Feed1,419196.11/cwt192.00–208.002,783104
CowsBoner 80-85%Return to Feed1,477172.76/cwt166.00–176.002,55211
BullsLight Weight1,353198.34/cwt194.00–206.002,6843
CowsLean 85-90%1,152159.45/cwt157.50–162.501,8375
CowsBoner 80-85%1,381167.64/cwt165.00–171.002,3155
CowsBoner 80-85%1,518179.00/cwt179.00–179.002,7172
Bulls1,984222.69/cwt219.00–223.504,4189
CowsLean 85-90%Return to Feed1,150173.13/cwt160.00–177.501,99129
BullsReturn to Feed1,509220.42/cwt213.00–226.003,32617
CowsLean 85-90%Light Weight928126.29/cwt125.00–127.501,1722
Bulls2,034235.96/cwt227.00–254.004,79922
Bulls1,890220.07/cwt210.00–224.004,15922
CowsBoner 80-85%1,388150.22/cwt144.00–155.002,0853
CowsBoner 80-85%Return to Feed1,378185.88/cwt177.00–190.002,56169
BullsLarge 11150–12001,153265.00/cwt265.00–265.003,0554
SteersLarge 1700–750700385.00/cwt385.00–385.002,6952
HeifersLarge 1-2500–550520410.00/cwt410.00–410.002,1322
BullsLarge 11050–11001,053295.00/cwt295.00–295.003,1062
BullsLarge 11400–14501,440237.50/cwt237.50–237.503,4201
BullsReturn to Feed1,540212.00/cwt212.00–212.003,2651
Bred CowsMedium and Large 1Broken Mouth1,4353,450.00/head3,450.00–3,450.003,4501
SteersMedium 1Fleshy900–950920290.00/cwt290.00–290.002,6683
SteersLarge 2550–600552345.00/cwt345.00–345.001,9047
SteersLarge 1-2600–650643382.50/cwt382.50–382.502,4596
BullsLarge 1-21150–12001,175244.00/cwt244.00–244.002,8671
BullsLarge 11100–11501,110272.00/cwt272.00–272.003,0191
HeifersMedium and Large 2750–800752320.00/cwt320.00–320.002,4063
Stock CowsMedium and Large 2940205.00/cwt205.00–205.001,9272
Stock CowsMedium and Large 1-2945291.47/cwt225.00–322.502,75412
Stock CowsMedium and Large 1-21,110228.96/cwt190.00–300.002,54117
Bred CowsMedium and Large 1-21,1033,809.83/head3,800.00–3,850.003,8106
Stock CowsMedium and Large 11,044288.67/cwt226.00–335.003,014130
HeifersMedium and Large 2500–550541410.00/cwt410.00–410.002,2184
BullsMedium and Large 2500–550512464.92/cwt455.00–470.002,3803
SteersMedium and Large 2750–800765355.00/cwt355.00–355.002,7163

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.