Sale reports / Montana / Billings Livestock Commission / 2023-12-18

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Mon, Dec 18
● Final66 lots reportedUSDA AMS · slug 1775
Feeder Cattle receipts
490 head
302 vs last sale 188 118 vs year ago 608 · 19.4%
Slaughter Cattle receipts
401 head
142 vs last sale 543 171 vs year ago 572 · 29.9%
Replacement Cattle receipts
101 head
34 vs last sale 135 77 vs year ago 178 · 43.3%
Also sold hereRegular saleThu Aug 13, 2026
View

Reporter comment USDA

As filed

Compared to last week: Feeder cattle were all too lightly tested to develop an accurate market trend, however higher undertones were noticed. Quality today was plain to average. A large portion of the feeder cattle offering was comprised of pen clean up cattle with many blemished and lame cattle seen. Buyers picked around and showed good demand for high quality calves. Demand was mostly moderate for light to moderate offerings. CME positions traded higher today with triple digit gains seen. The nearby January traded 2.275 higher while the March traded 1.975 higher, to close at 223.175 and 224.15 respectfully. Market activity was mostly moderate today. Weigh up cows sold on moderate to good demand for mostly light to moderate offerings. Slaughter cows sold mostly steady to 1.00 higher on all classes. High quality feeding cows sold 1.00-2.00 higher. Thin feeding or turn out cows sold mostly steady to 1.00 higher. Slaughter bulls were too lightly tested last week to develop an accurate market trend, however steady undertones were noticed. Weigh up conditions were mixed today. Young cows suitable to feed or rebreed sold on light to moderate demand. Quality was mostly plain to average and most offerings sold to feed. Too few offerings were seen this week to develop an accurate market trend, however lower undertones were noticed.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $241.22/cwt on 184 head.
Average price
$241.22
184 head · 550 lb average
Value per head Derived
$1,327
Price × average weight ÷ 100
Grade differential Derived
−$153
per head · Medium and Large 1 over Medium and Large 2
$70.30/cwt at this weight
vs the market
10.30
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1497260.301,29595
Medium 1-2265240.006367thin
Medium and Large 1-2607224.321,36268
Medium 1789199.001,5707thin
Medium and Large 2762190.001,4487thin
One grade step is worth $70.30/cwt here — about −$153 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 sale184 hd
241.22
MT average4 barns · 1,461 hd
251.52
−10.30
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
BullsAverage1,567105.231,64946
CowsBreaker 75-80%High1,63696.581,58012
CowsBoner 80-85%High1,41991.811,30273
CowsLean 85-90%Average1,13681.81930194

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)1,317$1,6136
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged/Aged (>5 yrs)1,424$1,47010
Bred Cows2nd/3rd Stage (4-9 mo)Aged (>8 yrs)1,295$1,17410

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
BullsMedium and Large 1701210.00/cwt210.00–210.001,4726
BullsMedium and Large 1403312.50/cwt312.50–312.501,2593
BullsMedium and Large 1948151.00/cwt151.00–151.001,43112
BullsMedium and Large 1643228.18/cwt217.50–230.001,46720
BullsMedium and Large 1-2593187.50/cwt187.50–187.501,1123
BullsMedium and Large 1-2493265.00/cwt265.00–265.001,3062
SteersMedium and Large 1-2668205.57/cwt200.00–210.001,3737
SteersMedium and Large 1-2590238.00/cwt238.00–238.001,4042
SteersMedium 2523134.14/cwt127.50–150.007027
SteersMedium and Large 1-2335326.27/cwt325.00–330.001,09360
SteersMedium and Large 1-2607200.00/cwt200.00–200.001,2143
SteersMedium and Large 1-2398317.50/cwt317.50–317.501,2646
SteersMedium and Large 1561270.00/cwt270.00–270.001,51513
HeifersMedium and Large 1757198.00/cwt198.00–198.001,4993
HeifersMedium and Large 1619215.18/cwt211.00–219.001,33224
HeifersMedium and Large 1558235.00/cwt235.00–235.001,3112
SteersMedium and Large 1471304.21/cwt300.00–307.501,43315
SteersMedium and Large 1505291.00/cwt291.00–291.001,4703
SteersMedium and Large 1433324.00/cwt324.00–324.001,4033
HeifersMedium 1789199.00/cwt199.00–199.001,5707
HeifersMedium and Large 1-2375285.00/cwt285.00–285.001,0691
HeifersMedium and Large 1-2762190.00/cwt190.00–190.001,4487
HeifersMedium 1-2265240.00/cwt240.00–240.006367
HeifersMedium and Large 1908190.00/cwt190.00–190.001,7254
HeifersMedium and Large 1-2480251.28/cwt250.00–252.001,2064
HeifersMedium and Large 2762190.00/cwt190.00–190.001,4487
HeifersMedium and Large 1-2431258.08/cwt251.00–265.001,11217
HeifersMedium and Large 1331300.00/cwt300.00–300.0099344
HeifersMedium and Large 1-2803196.00/cwt196.00–196.001,57420
HeifersMedium and Large 1-2520232.50/cwt232.50–232.501,2091
HeifersMedium and Large 1466270.00/cwt270.00–270.001,2586
HeifersMedium and Large 11,012185.50/cwt185.50–185.501,8775
HeifersMedium and Large 1422284.62/cwt280.00–287.001,2017
CowsBreaker 75-80%1,640100.50/cwt100.50–100.501,6483
CowsLean 85-90%Return to Feed1,19085.21/cwt81.00–92.001,01479
CowsLean 85-90%Return to Feed1,08077.83/cwt70.00–82.5084191
CowsBoner 80-85%Return to Feed1,468101.61/cwt97.00–103.251,49216
CowsBoner 80-85%Return to Feed1,39591.55/cwt87.00–96.001,27739
CowsBreaker 75-80%Return to Feed1,56299.49/cwt99.00–100.501,5543
CowsLean 85-90%1,16483.33/cwt80.00–87.009706
CowsBoner 80-85%Return to Feed1,43382.61/cwt75.00–85.501,1847
CowsLean 85-90%Return to Feed1,17993.85/cwt93.00–95.001,10612
CowsLean 85-90%1,16550.00/cwt50.00–50.005831
CowsBoner 80-85%1,42482.08/cwt73.00–84.001,1695
CowsBoner 80-85%1,41986.15/cwt85.00–88.001,2226
CowsBreaker 75-80%1,72089.00/cwt89.00–89.001,5311
CowsBreaker 75-80%1,81893.27/cwt92.00–94.501,6962
CowsLean 85-90%1,17376.28/cwt67.00–79.008955
CowsBreaker 75-80%Return to Feed1,55594.50/cwt94.50–94.501,4693
Bulls1,809112.83/cwt109.00–117.002,04115
Bulls1,63594.28/cwt94.00–94.501,5412
Bulls1,904121.48/cwt119.00–126.002,3133
BullsReturn to Feed1,25989.64/cwt83.00–101.001,12913
BullsReturn to Feed1,509110.00/cwt110.00–110.001,66013
Stock CowsMedium and Large 11,07598.88/cwt84.00–106.001,06336
Stock CowsMedium and Large 1-2953109.23/cwt107.00–112.501,0413
Stock CowsMedium and Large 11,072115.31/cwt109.00–143.001,23613
Stock CowsMedium and Large 1-295288.77/cwt87.00–90.008453
Bred CowsMedium and Large 11,4241,469.71/head1,350.00–1,500.001,47010
Bred CowsMedium and Large 11,3171,613.07/head1,600.00–1,685.001,6136
Bred CowsMedium and Large 1-2Thin Fleshed1,072885.00/head885.00–885.008855
Bred CowsMedium and Large 1Broken Mouth1,5171,462.03/head1,300.00–1,500.001,4625
HeifersMedium and Large 1-2560208.77/cwt200.00–223.001,16910
HeifersMedium and Large 1-21,043157.00/cwt157.00–157.001,6382
HeifersMedium and Large 1-2326287.00/cwt287.00–287.009364
HeifersMedium and Large 1-2Unweaned385272.00/cwt272.00–272.001,0472

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.