Sale reports / Montana / Billings Livestock Commission / 2023-10-16

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Mon, Oct 16
● Final66 lots reportedUSDA AMS · slug 1775
Feeder Cattle receipts
551 head
108 vs last sale 443 117 vs year ago 668 · 17.5%
Slaughter Cattle receipts
499 head
254 vs last sale 245 1 vs year ago 498 · +0.2%
Replacement Cattle receipts
95 head
19 vs last sale 114 82 vs year ago 177 · 46.3%
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 either this week or last to develop any accurate market trend. Demand was light to moderate demand for light offerings. All feeders were offered in small packages or as singles. Quality today was mostly plain. Market activity was slow to moderate with a small buyer pool on hand for todays sale. Weigh up cows sold on light to moderate demand and offerings. Slaughter cows sold generally steady to weak on all offerings in a narrow comparison. Feeding cows sold steady to 1.00 higher. Demand for feeding cows was stronger this week as more buyers were active in buying this class. Slaughter bulls sold steady to 2.00 higher in a narrow comparison. Young age cows suitable to feed or rebreed sold steady.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $267.77/cwt on 181 head.
Average price
$267.77
181 head · 513 lb average
Value per head Derived
$1,374
Price × average weight ÷ 100
Grade differential Derived
$390
per head · Medium and Large 1-2 over Medium and Large 2
$80.44/cwt at this weight
vs the market
30.11
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2480297.121,42660
Medium and Large 1553269.931,49283
Medium and Large 2478216.691,03638
One grade step is worth $80.44/cwt here — about $390 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 sale181 hd
267.77
MT average5 barns · 2,076 hd
297.88
−30.11
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
BullsAverage1,778109.931,95518
CowsBreaker 75-80%Low1,615103.641,67411
CowsBoner 80-85%High1,411100.961,425101
CowsLean 85-90%Very Low1,20189.421,07454

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 Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)1,190$1,5253thin

Every lot, as filed

66 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
HeifersMedium 1-2648227.00/cwt227.00–227.001,4713
HeifersMedium and Large 1-2740229.00/cwt229.00–229.001,6952
HeifersMedium and Large 1-2Unweaned348270.00/cwt270.00–270.009402
HeifersMedium and Large 1Unweaned635233.00/cwt233.00–233.001,4803
HeifersMedium and Large 1Unweaned664230.00/cwt230.00–230.001,5276
HeifersMedium and Large 1-2Unweaned526238.74/cwt230.00–246.001,25618
HeifersMedium and Large 1-2Unweaned435248.49/cwt244.00–255.001,08112
HeifersMedium 2Unweaned424182.00/cwt182.00–182.007727
SteersMedium and Large 1Unweaned463313.21/cwt310.00–321.001,45020
SteersMedium and Large 1Unweaned680238.49/cwt238.00–239.001,62212
SteersMedium and Large 1-2704239.00/cwt239.00–239.001,6835
HeifersMedium and Large 1Unweaned390312.00/cwt312.00–312.001,2171
HeifersMedium and Large 1Unweaned285326.00/cwt326.00–326.009291
HeifersMedium and Large 1Unweaned473271.90/cwt270.00–287.001,28617
SteersMedium and Large 2Unweaned439207.05/cwt206.00–209.0090923
SteersMedium and Large 2Unweaned517232.00/cwt232.00–232.001,1996
SteersMedium and Large 2Unweaned481240.00/cwt240.00–240.001,1544
SteersMedium and Large 2Unweaned618230.00/cwt230.00–230.001,4213
SteersMedium and Large 1Unweaned643240.00/cwt240.00–240.001,5433
SteersMedium and Large 1Unweaned536270.61/cwt270.00–272.001,45020
SteersMedium and Large 1-2Unweaned403329.00/cwt329.00–329.001,3265
SteersMedium and Large 1Unweaned565255.22/cwt249.00–270.001,44228
SteersMedium and Large 2Unweaned598215.00/cwt215.00–215.001,2862
SteersMedium and Large 1-2Unweaned385338.00/cwt338.00–338.001,30128
SteersMedium and Large 1-2Unweaned545258.56/cwt256.00–260.001,40911
SteersMedium and Large 1-2Unweaned495261.00/cwt261.00–261.001,2923
SteersMedium and Large 1-2Unweaned626237.04/cwt233.50–243.001,4848
HeifersMedium and Large 1Full896204.00/cwt204.00–204.001,8284
BullsMedium and Large 1Unweaned641228.00/cwt228.00–228.001,4614
BullsMedium and Large 1-2Unweaned327298.00/cwt298.00–298.0097417
BullsMedium and Large 1-2Unweaned480250.00/cwt250.00–250.001,2002
BullsMedium and Large 1Unweaned470270.00/cwt270.00–270.001,2695
BullsMedium and Large 1Unweaned430295.00/cwt295.00–295.001,2692
CowsLean 85-90%Light Weight91060.77/cwt60.00–63.005534
CowsLean 85-90%1,22593.50/cwt93.00–94.001,1452
CowsLean 85-90%Light Weight85580.00/cwt80.00–80.006841
CowsLean 85-90%Return to Feed1,23196.02/cwt94.50–99.001,18227
CowsLean 85-90%Return to Feed1,23390.67/cwt85.50–93.001,1184
CowsBoner 80-85%Return to Feed1,361110.75/cwt110.00–111.001,5074
CowsLean 85-90%1,32872.87/cwt70.00–76.009682
CowsBreaker 75-80%1,605100.99/cwt100.00–102.001,6215
CowsBreaker 75-80%1,624105.85/cwt105.00–109.001,7196
CowsLean 85-90%1,22186.97/cwt80.00–91.001,06214
CowsBoner 80-85%1,48191.51/cwt84.00–96.501,35524
CowsBoner 80-85%Return to Feed1,397104.90/cwt98.00–108.501,46563
CowsBoner 80-85%Return to Feed1,35494.90/cwt94.00–98.001,28510
Bulls1,826112.80/cwt109.00–117.002,06013
Bulls1,602101.14/cwt96.00–108.001,6203
BullsReturn to Feed1,61597.00/cwt97.00–97.001,5671
BullsReturn to Feed1,845112.00/cwt112.00–112.002,0661
Stock CowsMedium and Large 1-21,040105.35/cwt94.00–117.501,0962
Stock CowsMedium and Large 11,107119.93/cwt111.00–135.001,32811
Stock CowsMedium and Large 1980170.88/cwt139.00–184.501,67528
Stock CowsMedium and Large 1-2811152.52/cwt137.50–155.001,2377
Stock CowsMedium and Large 1Fancy1,122154.00/cwt154.00–154.001,7285
Bred CowsMedium and Large 1-21,1901,525.00/head1,525.00–1,525.001,5253
HeifersMedium and Large 1-21,040187.00/cwt187.00–187.001,9453
HeifersMedium and Large 1-2970193.00/cwt193.00–193.001,8722
HeifersMedium and Large 1Unweaned405296.19/cwt293.00–300.001,20015
HeifersMedium and Large 1918213.54/cwt212.50–214.001,96013
HeifersMedium and Large 1854224.27/cwt218.00–224.501,91529
HeifersLarge 11,145196.00/cwt196.00–196.002,2441
HeifersMedium and Large 2Unweaned431236.00/cwt236.00–236.001,01711
HeifersMedium and Large 1Unweaned519254.29/cwt252.00–256.001,3207
HeifersMedium and Large 1-2948211.00/cwt211.00–211.002,0002
HeifersMedium and Large 1-2795223.00/cwt223.00–223.001,7732

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.