Sale reports / Montana / Billings Livestock Commission / 2024-11-04

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Mon, Nov 4
● Final77 lots reportedUSDA AMS · slug 1775
Feeder Cattle receipts
469 head
61 vs last sale 530 31 vs year ago 438 · +7.1%
Slaughter Cattle receipts
840 head
135 vs last sale 705 67 vs year ago 773 · +8.7%
Replacement Cattle receipts
230 head
19 vs last sale 249 14 vs year ago 216 · +6.5%
Also sold hereRegular saleThu Aug 13, 2026
View

Reporter comment USDA

As filed

Compared to last week: All feeder cattle were too lightly tested to develop an accurate market trend, however higher undertones were noticed on both steers and heifers. Quality today was mostly average, but overall more attractive than last weeks sale. Demand was mostly moderate for light offerings. The best demand continues to be for calves under 500 lbs which buyers can develop into yearlings. Calves over 500 lbs sold on light to moderate demand. Demand for steers was better than demand for heifers today as more takers were seen for steers. Market activity was mostly moderate. Weigh up cows comprised most of the market today. Demand for cows was mostly moderate for mostly moderate to heavy offerings. Slaughter cows sold mostly 2.00-4.00 higher on all classes. Quality was most average to attractive and more attractive than last weeks sale. Feeding cows sold mostly 2.00-3.00 higher. Many feeding cow buyers were in the seats today, which, along with higher quality cows, helped improve feeding cow prices. Good demand was seen for a limited offering of bred cows. Slaughter bulls sold 2.00-3.00 higher in a narrow comparison. Weigh up conditions were mostly average to below average. Cows suitable to feed or rebreed sold on mostly good demand. Young age offerings sold generally steady on a light offering.

Weight class

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $263.33/cwt on 38 head.
Average price
$263.33
38 head · 533 lb average
Value per head Derived
$1,405
Price × average weight ÷ 100
Grade differential Derived
$55
per head · Medium and Large 1 over Medium and Large 1-2
$38.30/cwt at this weight
vs the market
5.85
vs MT average
+4.94 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1524269.301,41132
Medium 1580232.001,3463thin
Medium and Large 1-2587231.001,3563thin
One grade step is worth $38.30/cwt here — about $55 a head. Across this sale the premium is widest at 400–500 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 sale38 hd
263.33
MT average5 barns · 944 hd
269.19
−5.85
National average194 barns · 18,518 hd
258.39
+4.94
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
BullsLow1,833147.202,69919
CowsBreaker 75-80%Low1,663120.942,01122
CowsBoner 80-85%Low1,406120.941,700362
CowsLean 85-90%Average1,193107.981,28894

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)1,155$2,0572thin
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,355$1,7001thin
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)1,187$1,7003thin
Bred Cows2nd Stage (4-6 mo)Aged (>8 yrs)1,275$1,6003thin

Every lot, as filed

77 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 and Large 1Unweaned500–550524269.30/cwt248.00–280.001,41132
SteersMedium and Large 1-2Unweaned550–600564264.00/cwt264.00–264.001,4895
SteersMedium and Large 1Unweaned500–550503302.50/cwt302.50–302.501,5223
Bulls1,791139.82/cwt125.00–146.002,5049
CowsBoner 80-85%Return to Feed1,387113.77/cwt104.00–119.001,57843
CowsBoner 80-85%1,416110.03/cwt108.00–112.001,55817
CowsBoner 80-85%1,339104.15/cwt95.00–107.001,39514
CowsLean 85-90%Light Weight93598.00/cwt98.00–98.009161
CowsLean 85-90%Light Weight96592.01/cwt91.00–94.008884
SteersMedium and Large 1-2Unweaned350–400378368.28/cwt358.00–375.001,39244
BullsMedium and Large 1-2Unweaned500–550523277.00/cwt277.00–277.001,4492
HeifersMedium and Large 1-2Unweaned300–350300350.00/cwt350.00–350.001,05011
HeifersMedium and Large 1-2Unweaned350–400374317.50/cwt317.50–317.501,18711
Bred CowsMedium and Large 1-2Broken Mouth1,2751,600.00/head1,600.00–1,600.001,6003
HeifersMedium and Large 1-2Unweaned400–450422285.00/cwt285.00–285.001,2035
HeifersMedium and Large 1-2Unweaned550–600587231.00/cwt231.00–231.001,3563
HeifersMedium and Large 1-2800–850810210.00/cwt210.00–210.001,7011
SteersMedium and Large 1Unweaned550–600578266.00/cwt266.00–266.001,5374
Bred CowsMedium and Large 11,3551,700.00/head1,700.00–1,700.001,7001
HeifersMedium and Large 1-2850–900855211.00/cwt211.00–211.001,8041
BullsMedium and Large 1Unweaned500–550531272.69/cwt255.00–282.001,44827
Stock CowsMedium and Large 1-21,079139.72/cwt126.00–157.001,5089
Stock CowsMedium and Large 1-21,238127.34/cwt120.00–136.001,5762
HeifersMedium and Large 1Unweaned300–350327370.00/cwt370.00–370.001,2106
Stock CowsMedium and Large 11,135148.10/cwt121.00–174.001,68140
Bred CowsMedium and Large 11,1552,056.82/head1,825.00–2,250.002,0572
SteersMedium and Large 1Unweaned700–750707249.00/cwt249.00–249.001,7609
BullsMedium and Large 1Unweaned350–400385366.47/cwt365.00–380.001,41119
Stock CowsMedium and Large 1946192.62/cwt130.00–206.001,822103
BullsMedium and Large 1Unweaned550–600555257.00/cwt257.00–257.001,4266
HeifersMedium and Large 1Unweaned450–500477290.69/cwt283.00–291.001,38750
SteersMedium and Large 1Unweaned600–650604272.00/cwt272.00–272.001,6434
SteersMedium and Large 1Unweaned300–350311437.00/cwt437.00–437.001,3599
SteersMedium and Large 1950–1000980230.00/cwt230.00–230.002,2541
BullsMedium and Large 1Unweaned300–350310402.50/cwt402.50–402.501,2481
BullsMedium and Large 1Unweaned600–650620250.00/cwt250.00–250.001,5502
BullsMedium and Large 1Unweaned450–500471297.50/cwt297.50–297.501,4014
HeifersMedium and Large 1Unweaned400–450437305.00/cwt305.00–305.001,3335
Bulls1,790165.00/cwt165.00–165.002,9541
CowsLean 85-90%1,22199.78/cwt92.00–105.001,21821
CowsLean 85-90%1,15869.24/cwt62.00–75.008022
CowsBoner 80-85%Return to Feed1,411123.65/cwt117.00–129.001,745287
CowsBreaker 75-80%Return to Feed1,642117.12/cwt115.50–119.001,9235
CowsBreaker 75-80%1,672122.12/cwt120.00–126.002,04210
CowsBreaker 75-80%1,582112.63/cwt107.00–119.001,7823
CowsBreaker 75-80%1,800130.00/cwt130.00–130.002,3401
CowsBoner 80-85%1,56072.00/cwt72.00–72.001,1231
CowsBreaker 75-80%Return to Feed1,780128.00/cwt128.00–128.002,2782
CowsBreaker 75-80%Return to Feed1,540130.00/cwt130.00–130.002,0021
CowsLean 85-90%1,149109.40/cwt106.00–111.001,2576
HeifersLarge 11050–11001,062214.75/cwt214.75–214.752,2819
HeifersLarge 1-21050–11001,080203.50/cwt203.50–203.502,1981
BullsReturn to Feed1,315150.00/cwt150.00–150.001,9731
Bulls1,951152.93/cwt147.00–159.002,9848
CowsLean 85-90%Return to Feed1,203106.80/cwt100.00–115.001,28522
CowsLean 85-90%Return to Feed1,212116.95/cwt110.50–125.001,41738
SteersMedium 1Unweaned500–550510262.50/cwt262.50–262.501,3393
HeifersMedium 1Unweaned550–600580232.00/cwt232.00–232.001,3463
BullsMedium 1Unweaned400–450440310.00/cwt310.00–310.001,3643
HeifersMedium 1450–500450270.00/cwt270.00–270.001,2151
SteersLarge 1Unweaned750–800764235.00/cwt235.00–235.001,7956
HeifersLarge 1Unweaned650–700675223.00/cwt223.00–223.001,50513
SteersMedium and Large 1-2Unweaned500–550509297.50/cwt297.50–297.501,5144
SteersMedium and Large 2Unweaned550–600550242.50/cwt242.50–242.501,3342
HeifersMedium and Large 2Unweaned450–500481241.00/cwt241.00–241.001,1596
HeifersMedium and Large 1-2Unweaned250–300292330.00/cwt330.00–330.009643
SteersMedium and Large 1-2750–800783239.00/cwt239.00–239.001,8713
HeifersMedium and Large 1-2900–950945213.00/cwt213.00–213.002,0131
HeifersMedium and Large 11050–11001,080206.00/cwt206.00–206.002,2252
BullsMedium and Large 11000–10501,000217.00/cwt217.00–217.002,1701
BullsMedium and Large 1750–800780232.00/cwt232.00–232.001,8101
SteersMedium and Large 1Unweaned250–300277442.01/cwt440.00–445.001,2247
HeifersMedium and Large 1Unweaned350–400369350.00/cwt350.00–350.001,29235
Bred CowsMedium and Large 11,1871,700.00/head1,700.00–1,700.001,7003
SteersMedium and Large 1Unweaned650–700667252.70/cwt250.00–253.001,68620
HeifersMedium and Large 1Unweaned250–300278375.00/cwt375.00–375.001,0433
HeifersMedium and Large 1Unweaned600–650634238.00/cwt238.00–238.001,50917

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.