Sale reports / Montana / Billings Livestock Commission / 2024-10-21

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Mon, Oct 21
● Final74 lots reportedUSDA AMS · slug 1775
Feeder Cattle receipts
301 head
94 vs last sale 395 487 vs year ago 788 · 61.8%
Slaughter Cattle receipts
709 head
27 vs last sale 682 78 vs year ago 787 · 9.9%
Replacement Cattle receipts
139 head
260 vs last sale 399 146 vs year ago 285 · 51.2%
Also sold hereRegular saleThu Aug 13, 2026
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Reporter comment USDA

As filed

Compared to last week: All feeder cattle were too lightly tested to develop any market trend, however steady to firm undertones were noticed. Quality today was mostly average. Demand was mostly moderate for light offerings. Market activity was mostly moderate to active today with good buyer participation seen both ring side as well as over the internet. Weigh up cows comprised most of the market today. Demand for cows was mostly moderate to good for mostly moderate offerings. Slaughter cows sold mostly 3.00-5.00 higher on breaking cows. Boning and lean cows sold generally steady to firm in a narrow comparison. Feeding cows sold mostly steady to weak. Good demand was seen for a limited offering of bred cows. Slaughter bulls were too lightly tested to develop a full market trend, steady undertones were noticed. Weigh up conditions were mostly average to below average today. Most cows were pushing moderate amounts of fill. Cows suitable to feed or rebreed sold on mostly good demand. Quality was mostly average and not as attractive as last weeks offering. Young age offerings sold steady on cows of similar quality quality.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $286.36/cwt on 41 head.
Average price
$286.36
41 head · 563 lb average
Value per head Derived
$1,612
Price × average weight ÷ 100
Grade differential Derived
$115
per head · Medium and Large 1 over Medium and Large 1-2
$6.86/cwt at this weight
vs the market
12.64
vs MT average
12.68 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1569287.871,63832
Medium and Large 1-2542281.011,5239thin
One grade step is worth $6.86/cwt here — about $115 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 sale41 hd
286.36
MT average5 barns · 1,999 hd
299.01
−12.64
National average191 barns · 36,605 hd
299.04
−12.68
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
BullsHigh1,710146.702,50926
CowsBreaker 75-80%Average1,649130.942,15928
CowsBoner 80-85%Low1,407124.071,746229
CowsLean 85-90%Average1,153113.281,307103

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)1,459$2,2946
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,299$1,8559

Every lot, as filed

74 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
CowsBreaker 75-80%1,652131.41/cwt128.00–135.002,17112
CowsLean 85-90%1,189110.70/cwt107.00–117.001,31612
CowsBreaker 75-80%Return to Feed1,463133.79/cwt131.50–135.001,9573
CowsBoner 80-85%1,374108.62/cwt101.00–112.001,49219
CowsBoner 80-85%1,54093.00/cwt93.00–93.001,4321
CowsLean 85-90%1,141101.33/cwt94.00–109.001,15616
CowsBoner 80-85%Return to Feed1,441136.22/cwt135.00–138.001,96319
CowsLean 85-90%Light Weight93697.23/cwt92.00–100.009107
CowsBreaker 75-80%1,985124.01/cwt123.00–125.002,4622
CowsBoner 80-85%Return to Feed1,382127.09/cwt121.00–134.001,756138
CowsLean 85-90%Return to Feed1,124112.15/cwt110.00–115.001,26114
CowsLean 85-90%Return to Feed1,211133.13/cwt128.00–137.001,61210
Bulls2,160164.25/cwt163.50–165.003,5482
CowsLean 85-90%1,00982.40/cwt78.00–85.008314
BullsReturn to Feed1,375139.46/cwt131.00–147.001,9183
CowsBreaker 75-80%Return to Feed1,589127.15/cwt124.00–128.002,0207
CowsLean 85-90%Return to Feed1,196120.16/cwt112.00–127.001,43740
CowsBoner 80-85%Return to Feed1,486116.55/cwt108.00–120.001,73234
SteersMedium and Large 1-2Unweaned300–350348325.00/cwt325.00–325.001,1312
HeifersMedium 1700–750701230.00/cwt230.00–230.001,6126
Bulls1,835150.23/cwt145.00–159.002,75713
Bulls1,603136.76/cwt127.00–143.002,1925
BullsLight Weight1,382143.50/cwt143.50–143.501,9833
CowsBoner 80-85%1,409117.57/cwt113.00–123.001,65712
CowsBoner 80-85%1,523125.80/cwt124.00–126.501,9166
CowsBreaker 75-80%1,715137.50/cwt137.50–137.502,3584
HeifersMedium and Large 1-2Unweaned200–250205340.00/cwt340.00–340.006971
SteersMedium and Large 1-2Unweaned500–550519285.51/cwt277.00–290.001,4826
BullsMedium and Large 1-2700–750705237.50/cwt237.50–237.501,6741
BullsMedium and Large 1-2850–900860224.00/cwt224.00–224.001,9261
HeifersMedium and Large 1-2Unweaned400–450418305.00/cwt305.00–305.001,2752
Bred CowsMedium and Large 1-21,2121,642.62/head1,625.00–1,660.001,6434
SteersMedium and Large 1-2750–800778260.00/cwt260.00–260.002,0233
HeifersMedium and Large 1-2850–900865221.44/cwt218.00–225.001,9152
SteersMedium and Large 1Unweaned400–450447327.00/cwt327.00–327.001,46210
BullsMedium and Large 1Unweaned450–500475296.61/cwt292.50–301.001,4098
HeifersMedium and Large 1-2Unweaned550–600550240.00/cwt240.00–240.001,3205
SteersMedium and Large 1-2Unweaned350–400395333.76/cwt315.00–336.001,31818
SteersMedium and Large 1-2Fleshy750–800768233.00/cwt233.00–233.001,7893
SteersMedium and Large 1-2Fleshy900–950933225.00/cwt225.00–225.002,09911
BullsMedium and Large 1Unweaned400–450408327.48/cwt325.00–330.001,3362
HeifersMedium and Large 1Unweaned300–350303360.00/cwt360.00–360.001,0913
Stock CowsMedium and Large 1-21,080132.50/cwt132.50–132.501,4311
Stock CowsMedium and Large 1-2952147.09/cwt142.00–150.001,4006
Stock CowsMedium and Large 11,086154.61/cwt134.00–180.001,67918
HeifersMedium and Large 1Unweaned550–600550260.00/cwt260.00–260.001,4302
HeifersMedium and Large 11000–10501,020208.00/cwt208.00–208.002,1221
BullsMedium and Large 1Unweaned300–350310410.00/cwt410.00–410.001,2711
HeifersMedium and Large 1Unweaned450–500471294.22/cwt292.00–312.001,38623
HeifersMedium and Large 1Unweaned350–400357360.00/cwt360.00–360.001,2853
SteersMedium and Large 1Unweaned300–350318420.00/cwt420.00–420.001,3362
SteersMedium and Large 1Unweaned550–600569287.87/cwt285.00–292.001,63832
HeifersMedium and Large 1Full800–850805230.00/cwt230.00–230.001,8522
HeifersMedium and Large 1Full600–650615235.00/cwt235.00–235.001,4454
HeifersMedium and Large 1950–1000995214.31/cwt213.00–221.002,1326
SteersMedium and Large 1Unweaned450–500463321.00/cwt321.00–321.001,4863
HeifersMedium and Large 1900–950905230.00/cwt230.00–230.002,0821
BullsMedium and Large 1950–1000950221.00/cwt221.00–221.002,1001
Bred CowsMedium and Large 11,3682,025.00/head2,025.00–2,025.002,0255
Stock CowsMedium and Large 1959187.70/cwt169.00–200.001,80053
HeifersMedium and Large 1850–900860230.49/cwt230.00–231.001,9822
SteersMedium and Large 1Unweaned250–300271441.85/cwt435.00–450.001,1978
SteersMedium and Large 1950–1000985230.00/cwt230.00–230.002,2662
BullsMedium and Large 1Unweaned350–400386372.65/cwt370.00–380.001,4387
SteersMedium and Large 1-2Unweaned550–600588272.00/cwt272.00–272.001,5993
SteersMedium and Large 1-2Unweaned650–700670253.00/cwt253.00–253.001,6952
BullsMedium and Large 1-2900–950935216.33/cwt215.00–217.002,0233
Stock CowsMedium and Large 1-21,002136.46/cwt127.00–145.001,3673
HeifersMedium and Large 1-2Unweaned350–400395310.00/cwt310.00–310.001,2252
Bred CowsMedium and Large 11,4592,293.83/head2,000.00–2,350.002,2946
BullsLarge 11100–11501,147195.50/cwt194.00–197.002,2426
BullsLarge 11150–12001,168192.99/cwt192.00–194.002,2542
Stock CowsLarge 11,270140.00/cwt140.00–140.001,7781
SteersMedium 1650–700670262.00/cwt262.00–262.001,7555

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.