Sale reports / Montana / Billings Livestock Commission / 2024-10-14

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Mon, Oct 14
● Final78 lots reportedUSDA AMS · slug 1775
Feeder Cattle receipts
395 head
95 vs last sale 490 156 vs year ago 551 · 28.3%
Slaughter Cattle receipts
682 head
281 vs last sale 401 183 vs year ago 499 · +36.7%
Replacement Cattle receipts
399 head
298 vs last sale 101 304 vs year ago 95 · +320.0%
Also sold hereRegular saleThu Aug 13, 2026
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Reporter comment USDA

As filed

This is the first Monday sale of the fall. All feeder cattle were too lightly tested to develop any market trend. Quality today was mostly average. Demand was mostly moderate for light offerings. CME positions traded mixed today with weak prices seen on the nearby contracts and firm prices noticed on differed. Market activity was mostly moderate today. Weigh up cows comprised most of the market today. Demand for cows was mostly moderate to good for mostly moderate to heavy offerings. Slaughter cows sold mostly steady to 3.00 higher on all classes. Feeding cows sold mostly 2.00-5.00 higher. Good demand was seen for exposed cows as several order buyers showed interest in these offerings. Slaughter bulls sold mostly 3.00-5.00 higher in a narrow comparison. Weigh up conditions were mostly average to attractive to buyers. Younge cows suitable to feed or rebreed sold on mostly good demand. Quality was mostly average to attractive. Young age offerings sold mostly 10.00 higher.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $282.22/cwt on 90 head.
Average price
$282.22
90 head · 553 lb average
Value per head Derived
$1,561
Price × average weight ÷ 100
Grade differential Derived
$85
per head · Medium and Large 1 over Medium and Large 2
$41.15/cwt at this weight
vs the market
14.71
vs MT average
17.11 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1538291.151,56748
Medium 1520285.961,4874thin
Medium and Large 1-2566275.531,56024
Large 1592264.001,56312thin
Medium and Large 2593250.001,4832thin
One grade step is worth $41.15/cwt here — about $85 a head. Across this sale the premium is widest at 300–400 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 500–600 lb

Same class and week · spot auction only
This sale90 hd
282.22
MT average5 barns · 1,233 hd
296.93
−14.71
National average188 barns · 32,793 hd
299.33
−17.11
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
BullsAverage1,723147.742,54536
CowsBreaker 75-80%High1,572132.572,08336
CowsBoner 80-85%Very Low1,413128.081,810334
CowsLean 85-90%Very Low1,193112.311,340211
Dairy CowsLean 85-90%Average995107.501,0701thin

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)1,187$2,2828
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)1,164$2,06119
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,222$1,9119
Bred Cows1st Stage (1-3 mo)Middle Aged (5-8 yrs)1,315$1,7501thin
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged/Aged (>5 yrs)1,296$1,72528

Every lot, as filed

78 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
CowsLean 85-90%Light Weight85072.50/cwt72.50–72.506161
CowsBreaker 75-80%Return to Feed1,609135.33/cwt135.00–136.002,1776
CowsLean 85-90%1,184108.63/cwt107.00–113.001,2868
CowsBreaker 75-80%1,580126.00/cwt126.00–126.001,9912
CowsBreaker 75-80%Return to Feed1,560123.00/cwt123.00–123.001,9191
CowsBoner 80-85%1,49096.00/cwt96.00–96.001,4301
CowsLean 85-90%1,32587.90/cwt80.00–90.001,1655
CowsBreaker 75-80%Return to Feed1,560132.95/cwt126.00–134.002,07426
CowsLean 85-90%1,15899.29/cwt90.00–108.001,15047
CowsBreaker 75-80%1,640129.00/cwt129.00–129.002,1161
CowsBoner 80-85%Return to Feed1,401129.72/cwt119.00–134.001,817252
Dairy CowsLean 85-90%Light Weight995107.50/cwt107.50–107.501,0701
SteersMedium 1Unweaned650–700652257.00/cwt257.00–257.001,6765
BullsMedium and Large 1850–900875220.00/cwt220.00–220.001,9251
HeifersMedium and Large 1Fleshy950–1000955198.00/cwt198.00–198.001,8912
HeifersMedium and Large 1Unweaned250–300256375.00/cwt375.00–375.009608
Bred CowsMedium and Large 11,1872,281.61/head2,275.00–2,325.002,2828
Stock CowsMedium and Large 11,108160.01/cwt132.50–192.501,77367
SteersMedium and Large 2Unweaned550–600593250.00/cwt250.00–250.001,4832
Bred CowsMedium and Large 11,1642,061.14/head2,000.00–2,075.002,06119
SteersMedium and Large 1Unweaned400–450428333.16/cwt330.00–342.501,42618
SteersMedium and Large 1Unweaned550–600596271.68/cwt271.00–282.001,61915
HeifersMedium and Large 1950–1000968215.29/cwt215.00–216.002,0847
HeifersMedium and Large 1Unweaned400–450406328.35/cwt312.50–335.001,3337
SteersMedium and Large 1Unweaned500–550512300.00/cwt300.00–300.001,53633
HeifersMedium and Large 1Unweaned350–400369331.41/cwt327.00–344.001,22311
SteersMedium and Large 1Unweaned650–700682252.00/cwt252.00–252.001,7199
HeifersMedium and Large 1Unweaned450–500462297.43/cwt293.00–300.001,37426
HeifersMedium and Large 1Unweaned500–550525281.18/cwt276.00–285.001,47614
HeifersMedium and Large 1Unweaned300–350325341.00/cwt337.50–355.001,1085
SteersMedium and Large 1Unweaned600–650611258.75/cwt254.00–267.001,5819
SteersMedium and Large 1Unweaned450–500488309.00/cwt309.00–309.001,50819
SteersMedium and Large 1Unweaned300–350315405.00/cwt405.00–405.001,2764
Bred CowsMedium and Large 11,2221,910.87/head1,850.00–1,950.001,9119
Bred CowsMedium and Large 11,3151,750.00/head1,750.00–1,750.001,7501
SteersMedium and Large 1Unweaned350–400364385.00/cwt385.00–385.001,4014
Bred CowsMedium and Large 11,2961,725.42/head1,700.00–1,750.001,72528
SteersMedium and Large 1Unweaned250–300288435.00/cwt435.00–435.001,2535
Bred CowsMedium and Large 1-21,277120.45/cwt119.00–121.001,53889
Bred CowsMedium and Large 1-2Thin Fleshed1,144115.21/cwt115.00–116.001,31854
BullsMedium and Large 1-21050–11001,090194.00/cwt194.00–194.002,1151
BullsMedium and Large 1-2750–800780230.00/cwt230.00–230.001,7941
Stock CowsMedium and Large 11,035188.52/cwt160.00–221.001,95164
SteersMedium and Large 1-2Unweaned650–700665246.00/cwt246.00–246.001,6363
HeifersMedium and Large 1-2Unweaned400–450439293.05/cwt290.00–307.501,28619
HeifersMedium and Large 1-2Unweaned350–400384322.36/cwt320.00–324.001,23812
HeifersMedium and Large 1-2900–950915215.00/cwt215.00–215.001,9672
SteersMedium and Large 1-2Unweaned350–400399345.00/cwt345.00–345.001,3774
Stock CowsMedium and Large 1-21,045157.93/cwt152.50–163.001,6502
BullsReturn to Feed1,393144.47/cwt144.00–145.002,0122
CowsBoner 80-85%1,379107.75/cwt103.00–111.501,48613
CowsBoner 80-85%Return to Feed1,441111.95/cwt104.00–117.001,61324
Bulls2,330162.00/cwt162.00–162.003,7751
BullsReturn to Feed1,396138.79/cwt135.00–143.001,9389
Bulls1,914158.52/cwt149.00–164.003,03410
SteersMedium and Large 1-2Unweaned550–600597265.18/cwt265.00–266.001,58311
SteersMedium and Large 1-2Unweaned400–450437324.74/cwt320.00–335.001,41919
HeifersMedium and Large 1-2Unweaned550–600576248.69/cwt241.00–256.001,4328
SteersMedium and Large 1-2Unweaned500–550540284.29/cwt284.00–286.001,53513
HeifersMedium and Large 1-2Unweaned450–500466277.66/cwt276.00–285.001,29416
HeifersLarge 11100–11501,105202.00/cwt202.00–202.002,2321
HeifersLarge 1Unweaned550–600565231.00/cwt231.00–231.001,3052
HeifersLarge 11050–11001,070203.91/cwt202.00–204.502,18211
SteersLarge 1Unweaned550–600592264.00/cwt264.00–264.001,56312
HeifersLarge 11200–12501,205191.00/cwt191.00–191.002,3021
SteersMedium 1Unweaned500–550520285.96/cwt285.00–287.001,4874
CowsLean 85-90%Return to Feed1,180107.58/cwt101.00–115.001,26943
CowsBoner 80-85%Return to Feed1,500136.16/cwt135.00–139.002,04240
CowsBoner 80-85%Light Weight900109.00/cwt109.00–109.009811
CowsBoner 80-85%1,363116.89/cwt114.00–119.001,5933
BullsLarge 1-21100–11501,145170.00/cwt170.00–170.001,9471
Stock CowsLarge 11,375145.00/cwt145.00–145.001,9941
CowsLean 85-90%Light Weight90091.66/cwt88.00–95.008252
BullsLight Weight1,220126.21/cwt125.00–127.501,5402
CowsLean 85-90%Return to Feed1,217120.73/cwt117.00–128.001,46990
CowsLean 85-90%Return to Feed1,225131.68/cwt127.00–135.001,61315
Bulls1,879145.92/cwt143.00–150.002,74211
Bulls2,085176.00/cwt176.00–176.003,6701

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.