Sale reports / Montana / Billings Livestock Commission / 2022-10-24

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Mon, Oct 24
● Final39 lots reportedUSDA AMS · slug 1775
Feeder Cattle receipts
136 head
532 vs last sale 668 415 vs year ago 551 · 75.3%
Slaughter Cattle receipts
328 head
170 vs last sale 498 1,003 vs year ago 1,331 · 75.4%
Replacement Cattle receipts
71 head
106 vs last sale 177 338 vs year ago 409 · 82.6%
Also sold hereRegular saleThu Aug 13, 2026
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Reporter comment USDA

As filed

Compared to last week: Feeder cattle were too lightly tested to develop any market trend. Demand was mostly light to moderate for light offerings. Quality today was plain to average and lower compared to last week. Too few offerings sold for buyers to build loads which hampered demand. Market activity was mostly slow to moderate. Weigh up cows sold on mostly moderate demand for light to moderate offerings. Slaughter cows sold mostly 1.00-2.00 higher on boning and lean cows in a narrow comparison. Breaking cows sold generally steady. Feeding cows sold steady to 2.00 higher in a narrow comparison. Slaughter bulls were too lightly tested to develop an accurate market trend, steady undertones were noticed. Young age cows suitable to feed or rebreed were too lightly tested to develop a full market trend, steady undertones were noticed.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $164.85/cwt on 36 head.
Average price
$164.85
36 head · 575 lb average
Value per head Derived
$948
Price × average weight ÷ 100
Grade differential Derived
−$120
per head · Medium and Large 1-2 over Large 1
$18.98/cwt at this weight
vs the market
16.95
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2486170.9883122
Medium and Large 1802158.431,2717thin
Large 1626152.009527thin
One grade step is worth $18.98/cwt here — about −$120 a head. Across this sale the premium is widest at 0–100 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 0–100 lb

Same class and week · spot auction only
This sale36 hd
164.85
MT average5 barns · 2,661 hd
181.80
−16.95
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
BullsLow1,28069.3988816
CowsBreaker 75-80%Average1,63475.151,22817
CowsBoner 80-85%High1,42271.161,012117
CowsLean 85-90%Low1,21460.48734136

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 Stage (4-6 mo)Young (2-4 yrs)1,065$1,1634thin

Every lot, as filed

39 lots · USDA AMS · Billings Livestock Commission Cattle Auction - Billings, MT (Mon)
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
SteersMedium and Large 1-2Unweaned443214.00/cwt214.00–214.009482
HeifersMedium and Large 1Unweaned630161.00/cwt161.00–161.001,0143
BullsLarge 1-21,048112.00/cwt112.00–112.001,1742
BullsMedium and Large 1-2858127.00/cwt127.00–127.001,0904
HeifersMedium and Large 1-2Unweaned421180.00/cwt180.00–180.007584
HeifersMedium and Large 1-2Unweaned474170.39/cwt161.00–175.0080817
SteersMedium and Large 1-2Unweaned548186.00/cwt186.00–186.001,0196
SteersMedium and Large 1Unweaned484207.71/cwt207.00–209.001,0058
SteersMedium and Large 1Unweaned516197.50/cwt197.50–197.501,0194
SteersMedium and Large 1-2833167.00/cwt167.00–167.001,3914
SteersMedium and Large 2Unweaned544171.00/cwt171.00–171.009304
HeifersMedium and Large 1-2955145.00/cwt145.00–145.001,3851
HeifersLarge 1Unweaned626152.00/cwt152.00–152.009527
HeifersMedium and Large 1931156.50/cwt156.50–156.501,4574
SteersMedium and Large 1-2715173.00/cwt173.00–173.001,2373
Bred CowsMedium and Large 11,2801,200.00/head1,200.00–1,200.001,2001
Bred CowsMedium and Large 1-29931,150.00/head1,150.00–1,150.001,1503
Stock CowsMedium and Large 1-21,01270.00/cwt70.00–70.007084
Stock CowsMedium and Large 11,021105.48/cwt94.00–116.001,07732
Stock CowsMedium and Large 11,14788.99/cwt75.00–103.001,02118
Stock CowsMedium and Large 1-297585.00/cwt85.00–85.008291
BullsReturn to Feed1,41782.77/cwt78.00–85.001,1733
BullsReturn to Feed1,29093.00/cwt93.00–93.001,2001
BullsHeavy Weight2,52588.00/cwt88.00–88.002,2221
BullsLight Weight96755.00/cwt55.00–55.005329
CowsLean 85-90%Return to Feed1,27262.45/cwt60.00–63.5079420
CowsBoner 80-85%Return to Feed1,42581.00/cwt81.00–81.001,1541
CowsLean 85-90%Return to Feed1,19865.90/cwt64.00–74.0078923
CowsBoner 80-85%Return to Feed1,45075.15/cwt72.50–77.001,09066
CowsLean 85-90%1,11647.74/cwt47.00–49.005336
CowsLean 85-90%Light Weight95845.00/cwt45.00–45.004312
CowsBreaker 75-80%1,50180.00/cwt80.00–80.001,2017
CowsBreaker 75-80%1,65874.80/cwt72.00–77.501,2402
CowsBoner 80-85%Return to Feed1,38166.55/cwt58.00–69.0091942
CowsLean 85-90%1,30767.30/cwt64.50–69.0088016
CowsLean 85-90%1,19658.07/cwt50.00–62.0069569
CowsBoner 80-85%1,40261.15/cwt56.00–66.008578
Bulls1,85893.00/cwt93.00–93.001,7282
CowsBreaker 75-80%Return to Feed1,74471.00/cwt71.00–71.001,2388

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.