Sale reports / Montana / Billings Livestock Commission / 2025-12-15

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Mon, Dec 15
● Final59 lots reportedUSDA AMS · slug 1775
Feeder Cattle receipts
261 head
▲ 62 vs last sale 199▼ 129 vs year ago 390 · −33.1%
Slaughter Cattle receipts
298 head
▼ 74 vs last sale 372▼ 45 vs year ago 343 · −13.1%
Replacement Cattle receipts
79 head
▼ 122 vs last sale 201▼ 59 vs year ago 138 · −42.8%
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Reporter comment USDA

As filed

Compared to last Mondays sale: All feeder cattle were too lightly tested to develop any market trend. Demand for feeder cattle was mostly good for light offerings. Quality this week was mostly plain to average. Most feeders were offered in small packages with many singles noticed. Market activity was mostly active with a average crowd in the stands for a Monday sale. Weigh up cows sold on moderate demand for light to moderate offerings. Cow quality this week was mixed from plain to attractive. The best demand continues to be for cows suitable to feed. Feeding cows sold steady to firm in a narrow comparison. Weigh up conditions were mostly average to below average today. Slaughter cows were too lightly tested to develop an accurate market trend, however steady undertones were noticed on a noticeably fuller lower yielding offering. Slaughter bulls were too lightly tested to develop an accurate market trend, however steady to higher undertones were noticed. Most bulls were purchased to feed this week. Feeding bulls sold steady to firm in a narrow comparison. Quality was mostly average this week. Young age cows suitable to feed or rebreed sold on moderate to good demand. Quality this week was mostly plain to average. Steady undertones were noticed on a lower quality offering.

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $374.17/cwt on 18 head. That ranks 4 of 3 comparable sales and sits +14.66 against this barn's trailing median of $359.50.
Average price
$374.17
18 head · 550 lb average
Value per head Derived
$2,057
Price × average weight ÷ 100
Grade differential Derived
−$154
per head · Medium 1 over Medium and Large 1
$15.00/cwt at this weight
vs the market
−17.71
vs MT average
−15.74 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1505385.001,9445thin
Medium and Large 1567370.002,09813thin
One grade step is worth $15.00/cwt here — about −$154 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 sale18 hd
374.17
—
MT average4 barns · 568 hd
391.88
−17.71
National average175 barns · 15,310 hd
389.91
−15.74
This barn, trailing median3 sales
359.50
+14.66
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

This barn's trailing prices 500–600 lb

3 sales
384366348329median 359.5010/1210/1210/1910/2610/26
Heifers 500–600 lb: high $370.05, low $343.45, median $359.50 across 3 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

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
Bulls—Low1,589176.572,80655
CowsBreaker 75-80%Very Low1,538162.332,49621
CowsBoner 80-85%Low1,399155.632,176133
CowsLean 85-90%Low1,135136.431,54940
Dairy CowsBreaker 75-80%Low2,068144.002,9782thin
Dairy CowsBoner 80-85%Low1,698130.002,2073thin

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/Middle Aged (2-8 yrs)1,345$3,1002thin
Bred Cows2nd/3rd Stage (4-9 mo)Aged (>8 yrs)1,410$2,2515

Every lot, as filed

59 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. Grouped by class and set lightest first; USDA files them in sale-ring order.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers12 lots · lightest first
Steers200–250Medium and Large 2230505.00/cwt505.00–505.001,1621
Steers350–400Medium 2358390.00/cwt390.00–390.001,3962
Steers350–400Medium and Large 1-2375547.50/cwt547.50–547.502,05332
Steers400–450Medium and Large 1-2418500.00/cwt500.00–500.002,0902
Steers400–450Medium 2-3438290.00/cwt290.00–290.001,2707
Steers450–500Medium and Large 1450505.00/cwt505.00–505.002,2732
Steers450–500Medium 2466300.00/cwt300.00–300.001,3984
Steers500–550Medium and Large 1-2525402.50/cwt402.50–402.502,1132
Steers550–600Medium 2565285.00/cwt285.00–285.001,6102
Steers600–650Medium and Large 1-2612370.00/cwt370.00–370.002,2645
Steers650–700Medium and Large 1-2661354.00/cwt354.00–354.002,3404
Steers650–700Medium and Large 1-2Full688345.00/cwt345.00–345.002,37410
Feeder Cattle · Heifers10 lots · lightest first
Heifers250–300Medium and Large 2280445.00/cwt445.00–445.001,2465
Heifers350–400Medium and Large 1-2373435.00/cwt435.00–435.001,6238
Heifers400–450Medium and Large 1-2405451.39/cwt422.50–452.001,82848
Heifers450–500Medium and Large 1-2484381.61/cwt381.00–382.501,8475
Heifers500–550Medium 1505385.00/cwt385.00–385.001,9445
Heifers550–600Medium and Large 1567370.00/cwt370.00–370.002,09813
Heifers600–650Medium and Large 1-2610347.50/cwt347.50–347.502,1201
Heifers750–800Medium 1799310.00/cwt310.00–310.002,4777
Heifers950–1000Medium and Large 1-2986277.35/cwt272.00–280.002,7356
Heifers1000–1050Medium and Large 1-21,021282.00/cwt282.00–282.002,8796
Feeder Cattle · Bulls7 lots · lightest first
Bulls600–650Medium and Large 2628275.00/cwt275.00–275.001,7272
Bulls850–900Medium and Large 1-2895270.00/cwt270.00–270.002,4171
Bulls950–1000Medium and Large 2990225.00/cwt225.00–225.002,2282
Bulls1000–1050Medium and Large 1-21,000255.00/cwt255.00–255.002,5501
Bulls1000–1050Large 1-21,048267.50/cwt267.50–267.502,8032
Bulls1050–1100Large 1-21,085230.00/cwt230.00–230.002,4961
Bulls1100–1150Large 1-21,140240.00/cwt240.00–240.002,7362
Slaughter Cattle · Bulls4 lots · lightest first
Bulls——Return to Feed1,525181.58/cwt177.00–183.502,76933
Bulls——Return to Feed1,581167.09/cwt160.00–175.002,64212
Bulls——1,754167.40/cwt163.00–176.002,9367
Bulls——1,947180.74/cwt178.00–184.003,5193
Slaughter Cattle · Cows17 lots · lightest first
Cows—Lean 85-90%Light Weight933105.00/cwt105.00–105.009802
Cows—Lean 85-90%1,102136.24/cwt134.00–137.001,5014
Cows—Lean 85-90%1,133119.42/cwt102.50–142.501,3539
Cows—Lean 85-90%Return to Feed1,145154.04/cwt145.00–161.001,76416
Cows—Lean 85-90%1,15560.00/cwt60.00–60.006931
Cows—Lean 85-90%Return to Feed1,184137.86/cwt127.50–146.001,6328
Cows—Boner 80-85%1,354123.23/cwt118.00–127.001,66911
Cows—Boner 80-85%Return to Feed1,357147.70/cwt127.50–155.002,00432
Cows—Boner 80-85%1,360139.66/cwt130.00–145.001,8996
Cows—Boner 80-85%Return to Feed1,407162.90/cwt156.00–168.502,29264
Cows—Boner 80-85%1,445150.00/cwt150.00–150.002,1682
Cows—Boner 80-85%Return to Feed1,477169.60/cwt169.00–171.002,50518
Cows—Breaker 75-80%Return to Feed1,481171.62/cwt170.50–173.002,54210
Cows—Breaker 75-80%1,532146.00/cwt146.00–146.002,2373
Cows—Breaker 75-80%Return to Feed1,585145.00/cwt145.00–145.002,2982
Cows—Breaker 75-80%1,590138.00/cwt138.00–138.002,1941
Cows—Breaker 75-80%Return to Feed1,625165.36/cwt163.00–168.502,6875
Slaughter Cattle · Dairy Cows2 lots · lightest first
Dairy Cows—Boner 80-85%1,698130.00/cwt130.00–130.002,2073
Dairy Cows—Breaker 75-80%2,068144.00/cwt144.00–144.002,9782
Replacement Cattle · Stock Cows4 lots · lightest first
Stock Cows—Medium and Large 1-2990191.69/cwt173.00–205.001,8984
Stock Cows—Medium and Large 11,094258.20/cwt212.50–287.502,82536
Stock Cows—Medium and Large 11,156225.50/cwt197.50–287.502,60714
Stock Cows—Medium and Large 11,280169.62/cwt161.00–175.002,1716
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 1-2Thin Fleshed1,1601,700.00/head1,700.00–1,700.001,7001
Bred Cows—Medium and Large 11,3453,100.00/head3,100.00–3,100.003,1002
Bred Cows—Medium and Large 1-2Broken Mouth1,4732,388.71/head2,350.00–2,400.002,3894

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.