Sale reports / Montana / Billings Livestock Commission / 2024-11-18

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Mon, Nov 18
● Final83 lots reportedUSDA AMS · slug 1775
Feeder Cattle receipts
402 head
446 vs last sale 848 402 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
509 head
700 vs last sale 1,209 443 vs year ago 952 · 46.5%
Replacement Cattle receipts
303 head
232 vs last sale 535 1,172 vs year ago 1,475 · 79.5%
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 an accurate market trend, however steady to higher undertones were noticed on steers and mostly higher undertones were noticed on heifers. Quality today was mostly average. Demand was mostly moderate for light offerings. The best demand continues to be for calves under 500 lbs which buyers can develop into yearlings. Market activity was mostly moderate to active. Weigh up cows comprised most of the market today. Demand for cows was mostly moderate for light to moderate offerings. Most cows were purchased to send to feed in some capacity. Very few cows were purchased for immediate harvest. Slaughter cows were too lightly tested to develop a full market trend, steady to firm undertones were noticed. Quality was most average to attractive. Slightly blemished cows continue to be purchased to feed for the upcoming holidays. Short term feeding cows sold mostly 1.00-2.00 higher. High quality cows suitable to feed to premium white sold steady to firm. Slaughter bulls sold 4.00 to 5.00 lower in a narrow comparison. Weigh up conditions were mostly average. Cows suitable to feed or rebreed sold on mostly good demand. Young age offerings sold generally steady.

Weight class

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $270.95/cwt on 54 head.
Average price
$270.95
54 head · 541 lb average
Value per head Derived
$1,466
Price × average weight ÷ 100
Grade differential Derived
$127
per head · Medium and Large 1 over Medium and Large 1-2
$20.95/cwt at this weight
vs the market
11.17
vs MT average
+3.90 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1542273.661,48247
Medium and Large 1-2536252.711,3557thin
One grade step is worth $20.95/cwt here — about $127 a head. Across this sale the premium is widest at 500–600 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 sale54 hd
270.95
MT average5 barns · 1,174 hd
282.12
−11.17
National average196 barns · 21,141 hd
267.05
+3.90
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
BullsLow1,893143.022,70728
CowsBreaker 75-80%Low1,705115.661,97323
CowsBoner 80-85%Low1,383113.001,563215
CowsLean 85-90%Very Low1,147105.851,214158

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/Middle Aged (2-8 yrs)944$1,8504thin
Bred Cows2nd Stage (4-6 mo)Middle Aged/Aged (>5 yrs)1,327$1,6676
Bred Cows2nd Stage (4-6 mo)Aged (>8 yrs)1,177$1,58918
Bred Cows1st Stage (1-3 mo)Young/Middle Aged (2-8 yrs)1,035$1,5002thin

Every lot, as filed

83 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
SteersMedium and Large 1Unweaned400–450408372.50/cwt372.50–372.501,5206
SteersMedium and Large 1450–500455340.00/cwt340.00–340.001,5473
HeifersMedium and Large 1900–950924216.59/cwt215.00–219.002,00110
HeifersMedium and Large 1500–550504290.00/cwt290.00–290.001,46218
HeifersMedium and Large 1650–700672239.00/cwt239.00–239.001,6066
SteersMedium and Large 1Full500–550518320.00/cwt320.00–320.001,65818
SteersMedium and Large 1Unweaned550–600557294.00/cwt294.00–294.001,6388
SteersMedium and Large 1Unweaned600–650637267.27/cwt264.00–268.001,70311
Stock CowsMedium and Large 1983183.44/cwt139.00–212.001,803127
Stock CowsMedium and Large 11,064144.41/cwt118.00–195.001,53746
HeifersMedium and Large 1300–350340365.00/cwt365.00–365.001,2411
SteersMedium and Large 1Full400–450404355.00/cwt355.00–355.001,4344
HeifersMedium and Large 1600–650633245.00/cwt245.00–245.001,55119
SteersMedium and Large 1-2Unweaned500–550512305.00/cwt305.00–305.001,56212
SteersMedium and Large 2Unweaned300–350330360.00/cwt360.00–360.001,1881
HeifersMedium and Large 2Unweaned250–300267320.00/cwt320.00–320.008543
SteersMedium and Large 1-2Unweaned250–300270420.00/cwt420.00–420.001,1341
HeifersMedium and Large 1-2450–500468290.00/cwt290.00–290.001,3576
SteersMedium and Large 1Full550–600593276.00/cwt276.00–276.001,63710
HeifersLarge 11100–11501,113194.00/cwt194.00–194.002,15913
HeifersLarge 11050–11001,055206.00/cwt206.00–206.002,1731
Stock CowsMedium 2795125.00/cwt125.00–125.009941
Stock CowsMedium 1711174.62/cwt135.00–185.001,2426
HeifersMedium 1800–850840224.00/cwt224.00–224.001,8821
SteersMedium and Large 1-2Unweaned450–500473312.00/cwt312.00–312.001,4762
CowsBoner 80-85%1,31594.53/cwt92.00–97.001,2432
CowsBreaker 75-80%Return to Feed1,710108.45/cwt104.00–111.001,8546
CowsBreaker 75-80%Return to Feed1,657121.14/cwt118.50–122.002,0077
CowsBoner 80-85%Return to Feed1,39993.20/cwt90.00–96.001,3046
CowsLean 85-90%Light Weight84572.50/cwt72.50–72.506131
SteersLarge 1Unweaned550–600599259.00/cwt259.00–259.001,5515
CowsLean 85-90%1,18482.06/cwt70.00–88.0097210
CowsLean 85-90%1,14693.85/cwt87.50–98.001,0764
CowsBreaker 75-80%Return to Feed1,66093.00/cwt93.00–93.001,5441
CowsBoner 80-85%Return to Feed1,371116.76/cwt110.00–121.501,601148
CowsBreaker 75-80%Return to Feed1,665124.00/cwt124.00–124.002,0651
CowsBoner 80-85%1,405102.33/cwt102.00–103.001,4383
CowsBreaker 75-80%1,755118.07/cwt115.00–123.002,0728
CowsLean 85-90%Return to Feed1,164112.62/cwt107.00–116.001,31173
CowsLean 85-90%Return to Feed1,139124.50/cwt124.50–124.501,4187
CowsLean 85-90%Return to Feed1,136101.87/cwt95.00–107.501,15756
CowsLean 85-90%Return to Feed1,08592.04/cwt89.00–93.009995
CowsLean 85-90%Light Weight98899.00/cwt99.00–99.009782
BullsReturn to Feed1,694141.50/cwt141.50–141.502,3974
Bulls1,686135.82/cwt128.00–140.002,2905
Bulls1,935143.69/cwt138.00–149.502,78016
Bulls2,275153.50/cwt153.50–153.503,4923
CowsBoner 80-85%Return to Feed1,350122.79/cwt122.00–123.001,6585
CowsBoner 80-85%Return to Feed1,420104.81/cwt97.00–109.001,48851
Bred CowsMedium and Large 1-2Broken Mouth1,2691,625.00/head1,625.00–1,625.001,6254
Stock CowsMedium and Large 1-2Thin Fleshed725145.00/cwt145.00–145.001,0512
SteersMedium and Large 1-2Unweaned400–450445330.00/cwt330.00–330.001,4692
Bred CowsMedium and Large 1-29441,850.00/head1,850.00–1,850.001,8504
HeifersMedium and Large 1-2850–900881223.00/cwt223.00–223.001,9654
BullsMedium and Large 1-2Unweaned350–400373335.00/cwt335.00–335.001,2502
HeifersMedium and Large 1-2950–1000980206.00/cwt206.00–206.002,0191
HeifersMedium and Large 1-2500–550543266.00/cwt266.00–266.001,4444
Stock CowsMedium and Large 1Fleshy1,370140.00/cwt140.00–140.001,9181
HeifersMedium and Large 1-2Unweaned500–550527235.00/cwt235.00–235.001,2383
Bred CowsMedium and Large 1-21,2791,625.00/head1,625.00–1,625.001,6254
Stock CowsMedium and Large 1-2984144.95/cwt130.00–165.001,42614
Stock CowsMedium and Large 1-21,127127.58/cwt117.00–145.001,4385
Bred CowsMedium and Large 1-21,0351,500.00/head1,500.00–1,500.001,5002
HeifersMedium and Large 1Unweaned550–600579257.00/cwt257.00–257.001,48818
Stock CowsMedium and Large 11,143123.50/cwt123.50–123.501,4128
HeifersMedium and Large 1-2Unweaned400–450434305.22/cwt302.50–312.501,32511
Bred CowsMedium and Large 1Broken Mouth1,1511,578.50/head1,550.00–1,675.001,57914
Bred CowsMedium and Large 1Broken Mouth1,037118.00/cwt118.00–118.001,22415
HeifersMedium and Large 1Unweaned350–400373355.49/cwt355.00–360.001,32610
Stock CowsMedium and Large 1Thin Fleshed768181.63/cwt175.00–187.501,3959
SteersMedium and Large 1Unweaned500–550521327.58/cwt325.00–331.001,7079
HeifersMedium and Large 1-2Unweaned300–350336336.07/cwt310.00–345.001,1298
SteersMedium and Large 1Unweaned650–700663269.00/cwt257.00–278.001,7837
HeifersMedium and Large 1Unweaned650–700665232.00/cwt232.00–232.001,5433
HeifersMedium and Large 1Unweaned450–500475304.87/cwt300.00–305.001,44836
BullsMedium and Large 1Unweaned550–600567256.00/cwt256.00–256.001,45211
HeifersMedium and Large 1Unweaned500–550542274.19/cwt272.00–275.001,48611
Bred CowsMedium and Large 11,4231,750.00/head1,750.00–1,750.001,7502
BullsMedium and Large 1Unweaned350–400390360.00/cwt360.00–360.001,4048
HeifersMedium and Large 1750–800760237.00/cwt237.00–237.001,8011
HeifersMedium and Large 1450–500461303.00/cwt303.00–303.001,3975
SteersMedium and Large 1Unweaned450–500498330.00/cwt330.00–330.001,6433
HeifersMedium and Large 1950–1000979212.70/cwt207.00–215.002,08219

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.