Sale reports / Montana / Billings Livestock Commission / 2026-10-12

Billings Livestock Commission

Name: Billings Livestock Commission livestock auction prices — 2026-10-12
Creator: RaisedBeef
Published: 2026-10-12

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Mon, Oct 12

● Final72 lots reportedUSDA AMS · slug 1775

← Dec 15Oct 12Oct 19 →

Feeder Cattle receipts

335 head

▲ 1 vs last sale 334▲ 335 vs year ago 0 · no sale a year ago

Slaughter Cattle receipts

399 head

▼ 3 vs last sale 402▲ 399 vs year ago 0 · no sale a year ago

Replacement Cattle receipts

139 head

▼ 136 vs last sale 275▲ 139 vs year ago 0 · no sale a year ago

Also sold hereRegular saleThu Oct 29, 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. Demand for feeder cattle was mostly light to moderate for light offerings. Quality this week was mostly plain. Most feeders were offered in small packages with many singles noticed. Market activity was mostly moderate. Weigh up cows sold on moderate to good demand for light to moderate offerings. Cow quality this week was mixed from plain to attractive. Feeding cows sold with mostly moderate to good demand. American packers were more active this sale as they bid aggressively against Canadian buyers buying feeding cows to ship north. The last sale with cows was on October 1st so all sale comparisons are to that sale. Feeding cows sold mostly steady to 3.00 higher on breaking and boning cows, lean flesh cows sold 5.00-8.00 higher. Farmer feeders were much more active as they purchased lean cows which will gain quickly when put on feed. Weigh up conditions were mostly average today. Slaughter cows were too lightly tested to develop an accurate market trend, however lower undertones were noticed. Very few cows were purchased for immediate harvest this week as feeding buyers pushed most lame and blemished cows over slaughter cow orders. Slaughter bulls sold steady to firm on a higher yielding offering. Many bulls have been left out on range and have fleshed up on green fall grass. Yields have improved over the past few weeks as a result. Feeding bulls sold with higher undertones in a narrow comparison. Quality was mostly average to attractive this week. Young age cows suitable to feed or rebreed sold on moderate to good demand. Quality this week was mostly average. Steady to higher undertones were noticed.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $373.42/cwt on 35 head. That ranks 1 of 3 comparable sales and sits −17.91 against this barn's trailing median of $391.33.

Average price

$373.42

35 head · 569 lb average

Value per head Derived

$2,125

Price × average weight ÷ 100

Grade differential Derived

$83

per head · Medium and Large 1-2 over Medium 1

$15.15/cwt at this weight

vs the market

−60.91

vs MT average

−58.87 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1-2	569	375.15	2,135	31
Medium 1	570	360.00	2,052	4thin

One grade step is worth $15.15/cwt here — about $83 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 sale35 hd

373.42

—

MT average5 barns · 1,808 hd

434.33

−60.91

National average190 barns · 30,929 hd

432.29

−58.87

This barn, trailing median3 sales

391.33

−17.91

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

Steers 500–600 lb: high $431.25, low $373.42, median $391.33 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.

Class	Grade	Dressing	Avg wt	$/cwt	$/head	Head
Bulls	—	Low	1,766	171.86	3,035	32
Cows	Breaker 75-80%	Low	1,591	140.78	2,239	48
Cows	Boner 80-85%	Average	1,376	139.03	1,913	150
Cows	Lean 85-90%	Very Low	1,161	130.30	1,512	138

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.

Class	Stage	Age	Avg wt	$/head	Head
Bred Cows	1st/2nd Stage (1-6 mo)	Young (2-4 yrs)	1,373	$3,034	4thin
Bred Cows	1st Stage (1-3 mo)	Young (2-4 yrs)	1,237	$2,950	3thin
Bred Cows	1st/2nd Stage (1-6 mo)	Middle Aged (5-8 yrs)	1,440	$2,750	1thin
Bred Cows	1st/2nd Stage (1-6 mo)	Middle Aged/Aged (>5 yrs)	1,278	$2,150	2thin
Bred Cows	1st/2nd Stage (1-6 mo)	Aged (>8 yrs)	1,403	$2,071	10
Bred Cows	1st Stage (1-3 mo)	Middle Aged/Aged (>5 yrs)	1,006	$1,700	4thin

Every lot, as filed

72 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.

Class	Weight	Grade / description	Avg wt	Price	Range	Per head	Head
Feeder Cattle · Steers16 lots · lightest first
Steers	250–300	Medium and Large 1-2Unweaned	273	636.46/cwt	615.00–640.00	1,738	7
Steers	250–300	Medium and Large 2Unweaned	282	543.37/cwt	540.00–550.00	1,532	3
Steers	300–350	Medium and Large 1-2Unweaned	327	560.00/cwt	560.00–560.00	1,831	3
Steers	300–350	Medium and Large 2Unweaned	339	500.04/cwt	460.00–520.00	1,695	6
Steers	350–400	Large 1-2Unweaned	358	550.00/cwt	550.00–550.00	1,969	10
Steers	350–400	Medium and Large 2Unweaned	365	360.00/cwt	360.00–360.00	1,314	4
Steers	400–450	Large 1-2Unweaned	438	427.00/cwt	427.00–427.00	1,870	19
Steers	450–500	Medium and Large 1-2Unweaned	463	457.50/cwt	457.50–457.50	2,118	2
Steers	500–550	Medium and Large 1-2Unweaned	540	402.00/cwt	402.00–402.00	2,171	2
Steers	550–600	Medium 1Unweaned	570	360.00/cwt	360.00–360.00	2,052	4
Steers	550–600	Medium and Large 1-2Unweaned	571	373.30/cwt	352.50–384.00	2,132	29
Steers	650–700	Medium and Large 1-2Unweaned	650	325.50/cwt	321.00–330.00	2,116	4
Steers	700–750	Medium and Large 2	738	335.00/cwt	335.00–335.00	2,472	2
Steers	750–800	Medium and Large 2	781	331.93/cwt	330.00–338.00	2,592	8
Steers	850–900	Medium and Large 1Fleshy	897	317.50/cwt	317.50–317.50	2,848	15
Steers	850–900	Medium and Large 1-2	897	316.00/cwt	316.00–316.00	2,835	3
Feeder Cattle · Heifers13 lots · lightest first
Heifers	300–350	Medium and Large 1Unweaned	325	535.00/cwt	535.00–535.00	1,739	2
Heifers	300–350	Large 1-2Unweaned	326	430.00/cwt	430.00–430.00	1,402	7
Heifers	300–350	Medium and Large 1-2Unweaned	349	447.00/cwt	447.00–447.00	1,560	8
Heifers	400–450	Medium and Large 1-2Unweaned	420	422.00/cwt	422.00–422.00	1,772	4
Heifers	400–450	Large 1-2Unweaned	422	410.00/cwt	410.00–410.00	1,730	5
Heifers	450–500	Medium and Large 1-2Unweaned	478	379.51/cwt	377.00–392.00	1,814	6
Heifers	500–550	Medium and Large 1Unweaned	518	375.00/cwt	375.00–375.00	1,943	2
Heifers	500–550	Medium and Large 1-2Unweaned	538	362.00/cwt	362.00–362.00	1,948	5
Heifers	500–550	Medium and Large 2	549	340.00/cwt	340.00–340.00	1,867	5
Heifers	550–600	Medium and Large 1Unweaned	553	350.00/cwt	350.00–350.00	1,936	2
Heifers	550–600	Medium and Large 1-2Unweaned	573	326.60/cwt	320.00–332.00	1,871	9
Heifers	700–750	Medium and Large 2	700	305.00/cwt	305.00–305.00	2,135	7
Heifers	1150–1200	Large 1Fancy	1,155	292.00/cwt	292.00–292.00	3,373	2
Feeder Cattle · Bulls5 lots · lightest first
Bulls	400–450	Medium and Large 1-2Unweaned	448	432.50/cwt	432.50–432.50	1,938	2
Bulls	450–500	Medium and Large 1-2Unweaned	470	370.00/cwt	370.00–370.00	1,739	1
Bulls	550–600	Medium and Large 1-2Unweaned	577	336.44/cwt	332.50–342.50	1,941	5
Bulls	650–700	Medium and Large 1-2Unweaned	665	340.00/cwt	340.00–340.00	2,261	1
Bulls	700–750	Medium and Large 1-2	749	307.50/cwt	307.50–307.50	2,303	8
Slaughter Cattle · Bulls6 lots · lightest first
Bulls	—	—Light Weight	1,293	150.53/cwt	150.00–151.00	1,946	2
Bulls	—	—Return to Feed	1,508	174.50/cwt	172.00–180.00	2,631	6
Bulls	—	—	1,753	166.92/cwt	161.00–173.00	2,926	6
Bulls	—	—Return to Feed	1,815	170.93/cwt	168.00–172.50	3,102	9
Bulls	—	—	1,947	179.59/cwt	175.00–183.00	3,497	8
Bulls	—	—	2,450	175.00/cwt	175.00–175.00	4,288	1
Slaughter Cattle · Cows18 lots · lightest first
Cows	—	Lean 85-90%Light Weight	895	88.67/cwt	87.50–90.00	794	2
Cows	—	Lean 85-90%Light Weight	901	101.68/cwt	97.50–105.00	916	6
Cows	—	Lean 85-90%	1,130	116.22/cwt	116.00–117.00	1,313	4
Cows	—	Lean 85-90%	1,132	93.53/cwt	90.00–97.50	1,059	5
Cows	—	Lean 85-90%Return to Feed	1,139	129.78/cwt	118.00–136.00	1,478	29
Cows	—	Lean 85-90%Return to Feed	1,168	152.13/cwt	148.00–155.00	1,777	5
Cows	—	Lean 85-90%	1,177	109.75/cwt	99.00–115.00	1,292	28
Cows	—	Lean 85-90%Return to Feed	1,203	146.85/cwt	138.00–149.50	1,767	59
Cows	—	Boner 80-85%Return to Feed	1,219	152.00/cwt	152.00–152.00	1,853	4
Cows	—	Breaker 75-80%Return to Feed	1,310	151.00/cwt	151.00–151.00	1,978	1
Cows	—	Boner 80-85%Return to Feed	1,361	132.90/cwt	115.00–141.00	1,809	20
Cows	—	Boner 80-85%Return to Feed	1,378	148.16/cwt	143.00–152.00	2,042	94
Cows	—	Boner 80-85%	1,392	118.83/cwt	117.00–124.00	1,654	13
Cows	—	Boner 80-85%	1,402	111.42/cwt	100.00–116.00	1,562	19
Cows	—	Breaker 75-80%Return to Feed	1,542	146.29/cwt	140.00–150.00	2,256	33
Cows	—	Breaker 75-80%Return to Feed	1,669	132.10/cwt	125.00–138.00	2,205	7
Cows	—	Breaker 75-80%	1,754	119.28/cwt	112.50–125.00	2,092	5
Cows	—	Breaker 75-80%	1,850	128.84/cwt	127.00–131.00	2,384	2
Replacement Cattle · Stock Cows5 lots · lightest first
Stock Cows	—	Medium 1	773	290.55/cwt	280.00–300.00	2,246	2
Stock Cows	—	Medium and Large 1-2	1,004	217.16/cwt	193.00–260.00	2,180	9
Stock Cows	—	Medium and Large 1	1,006	278.40/cwt	227.50–307.50	2,801	40
Stock Cows	—	Medium and Large 1-2	1,045	264.54/cwt	210.00–282.50	2,764	4
Stock Cows	—	Medium and Large 1	1,164	218.37/cwt	165.00–267.50	2,542	29
Replacement Cattle · Open Heifers2 lots · lightest first
Open Heifers	—	Medium 1	803	254.08/cwt	235.00–270.00	2,040	2
Open Heifers	—	Medium and Large 1	1,290	226.00/cwt	214.00–262.00	2,915	12
Replacement Cattle · Bred Cows7 lots · lightest first
Bred Cows	—	Medium and Large 1-2	1,006	1,700.00/head	1,700.00–1,700.00	1,700	4
Bred Cows	—	Medium and Large 1-2Broken Mouth	1,183	1,700.00/head	1,700.00–1,700.00	1,700	2
Bred Cows	—	Medium and Large 1	1,237	2,950.00/head	2,950.00–2,950.00	2,950	3
Bred Cows	—	Medium and Large 1	1,278	2,150.00/head	2,150.00–2,150.00	2,150	2
Bred Cows	—	Medium and Large 1	1,373	3,034.46/head	2,850.00–3,125.00	3,034	4
Bred Cows	—	Medium and Large 1	1,440	2,750.00/head	2,750.00–2,750.00	2,750	1
Bred Cows	—	Medium and Large 1Broken Mouth	1,458	2,163.74/head	2,100.00–2,325.00	2,164	8

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.

Montana feeder prices, every weight →Every state and region →

Billings Livestock Commission Cattle Auction - Billings, MT (Mon)

Mon Oct 12, 2026

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Billings, MT (LS-BL)

Feeder CattleReceipts 335Last week 334Year ago 0

Slaughter CattleReceipts 399Last week 402Year ago 0

Replacement CattleReceipts 139Last week 275Year ago 0

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Stock Cows — Medium and Large 1$ per cwt · actual wt
Young (2-4 yrs)	Open	29	—	1,164	165.00–267.50	218.37
(<2 yrs)	Open	40	—	1,006	227.50–307.50	278.40

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Stock Cows — Medium and Large 1-2$ per cwt · actual wt
(<2 yrs)	Open	9	—	1,004	193.00–260.00	217.16
Young (2-4 yrs)	Open	4	—	1,045	210.00–282.50	264.54

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Stock Cows — Medium 1$ per cwt · actual wt
(<2 yrs)	Open	2	—	773	280.00–300.00	290.55

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Open Heifers — Medium and Large 1$ per cwt · actual wt
Young (2-4 yrs)	N/A	12	—	1,290	214.00–262.00	226.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Open Heifers — Medium 1$ per cwt · actual wt
Young (2-4 yrs)	N/A	2	—	803	235.00–270.00	254.08

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1$ per head · actual wt
Young (2-4 yrs)	1st Stage (1-3 mo)	3	—	1,237	2,950.00	2,950.00
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	1	—	1,440	2,750.00	2,750.00
Middle Aged/Aged (>5 yrs)	1st/2nd Stage (1-6 mo)	2	—	1,278	2,150.00	2,150.00
Young (2-4 yrs)	1st/2nd Stage (1-6 mo)	4	—	1,373	2,850.00–3,125.00	3,034.46

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1 · Broken Mouth$ per head · actual wt
Aged (>8 yrs)	1st/2nd Stage (1-6 mo)	8	—	1,458	2,100.00–2,325.00	2,163.74

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1-2 · Broken Mouth$ per head · actual wt
Aged (>8 yrs)	1st/2nd Stage (1-6 mo)	2	—	1,183	1,700.00	1,700.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1-2$ per head · actual wt
Middle Aged/Aged (>5 yrs)	1st Stage (1-3 mo)	4	—	1,006	1,700.00	1,700.00

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1-2$ per cwt · actual wt
8	700–750	749	307.50	307.50

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1-2 · Unweaned$ per cwt · actual wt
2	400–450	448	432.50	432.50
1	450–500	470	370.00	370.00
5	550–600	577	332.50–342.50	336.44
1	650–700	665	340.00	340.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2 · Unweaned$ per cwt · actual wt
8	300–350	349	447.00	447.00
4	400–450	420	422.00	422.00
6	450–500	478	377.00–392.00	379.51
5	500–550	538	362.00	362.00
9	550–600	573	320.00–332.00	326.60

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
5	500–550	549	340.00	340.00
7	700–750	700	305.00	305.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
2	300–350	325	535.00	535.00
2	500–550	518	375.00	375.00
2	550–600	553	350.00	350.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Large 1-2 · Unweaned$ per cwt · actual wt
7	300–350	326	430.00	430.00
5	400–450	422	410.00	410.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Large 1 · Fancy$ per cwt · actual wt
2	1150–1200	1,155	292.00	292.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2 · Unweaned$ per cwt · actual wt
7	250–300	273	615.00–640.00	636.46
3	300–350	327	560.00	560.00
2	450–500	463	457.50	457.50
2	500–550	540	402.00	402.00
29	550–600	571	352.50–384.00	373.30
4	650–700	650	321.00–330.00	325.50

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
3	850–900	897	316.00	316.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2 · Unweaned$ per cwt · actual wt
3	250–300	282	540.00–550.00	543.37
6	300–350	339	460.00–520.00	500.04
4	350–400	365	360.00	360.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt
15	850–900	897	317.50	317.50

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium 1 · Unweaned$ per cwt · actual wt
4	550–600	570	360.00	360.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
2	700–750	738	335.00	335.00
8	750–800	781	330.00–338.00	331.93

Head	Wt range	Avg wt	Price range	Avg price
Steers — Large 1-2 · Unweaned$ per cwt · actual wt
10	350–400	358	550.00	550.00
19	400–450	438	427.00	427.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
6	—	1,753	161.00–173.00	166.92
8	—	1,947	175.00–183.00	179.59
1	—	2,450	175.00	175.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Light Weight$ per cwt · actual wt
2	—	1,293	150.00–151.00	150.53

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Return to Feed$ per cwt · actual wt
6	—	1,508	172.00–180.00	174.50
9	—	1,815	168.00–172.50	170.93

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80% · Return to Feed$ per cwt · actual wt
7	—	1,669	125.00–138.00	132.10
1	—	1,310	151.00	151.00
33	—	1,542	140.00–150.00	146.29

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
5	—	1,132	90.00–97.50	93.53
4	—	1,130	116.00–117.00	116.22
28	—	1,177	99.00–115.00	109.75

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85% · Return to Feed$ per cwt · actual wt
94	—	1,378	143.00–152.00	148.16
20	—	1,361	115.00–141.00	132.90
4	—	1,219	152.00	152.00

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
13	—	1,392	117.00–124.00	118.83
19	—	1,402	100.00–116.00	111.42

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90% · Return to Feed$ per cwt · actual wt
59	—	1,203	138.00–149.50	146.85
5	—	1,168	148.00–155.00	152.13
29	—	1,139	118.00–136.00	129.78

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90% · Light Weight$ per cwt · actual wt
6	—	901	97.50–105.00	101.68
2	—	895	87.50–90.00	88.67

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80%$ per cwt · actual wt
2	—	1,850	127.00–131.00	128.84
5	—	1,754	112.50–125.00	119.28

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.