Sale reports / Montana / Public Auction Yards / 2023-09-20

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Sep 20
● Final88 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
1,370 head
▲ 731 vs last sale 639▲ 415 vs year ago 955 · +43.5%
Slaughter Cattle receipts
220 head
▲ 77 vs last sale 143▼ 100 vs year ago 320 · −31.3%
Replacement Cattle receipts
20 head
▼ 100 vs last sale 120▼ 80 vs year ago 100 · −80.0%
Also sold hereRegular saleFri Nov 7, 2025
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Reporter comment USDA

As filed

Compared to last sale(9-13-23): Feeder steers sold mostly steady, feeder heifers sold unevenly steady, feeder bulls lightly tested. Demand for feeders was mostly good. Quality this week was mostly average to attractive with market activity being mostly active. Weigh up cows sold on moderate to good demand, slaughter cows and feeding cows both sold 1.00 to 6.00 lower. Slaughter bulls and feeding bulls both sold 2.00 to 6.00 lower. Cow quality today was mostly average to attractive. Several packages of young age cows sold this week. Demand for these offerings was mostly good as feeding and rebreeding buyers competed over attractive offerings.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $242.35/cwt on 585 head.
Average price
$242.35
585 head · 765 lb average
Value per head Derived
$1,855
Price × average weight ÷ 100
Grade differential Derived
$211
per head · Medium and Large 1 over Medium and Large 2
$29.71/cwt at this weight
vs the market
−4.55
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1794245.901,953319
Medium and Large 1-2710244.081,734209
Medium and Large 2806216.191,74257
One grade step is worth $29.71/cwt here — about $211 a head. Across this sale the premium is widest at 0–100 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 0–100 lb

Same class and week · spot auction only
This sale585 hd
242.35
—
MT average3 barns · 1,212 hd
246.91
−4.55
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
Bulls—Average1,805115.332,08239
CowsBreaker 75-80%Average1,573111.381,75227
CowsBoner 80-85%Low1,348103.241,39272
CowsLean 85-90%Average1,25389.261,11829

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)1,202$1,4093thin
Bred Heifers1st/2nd Stage (1-6 mo)(<2 yrs)864$1,7046
Cow-Calf PairsOpenYoung (2-4 yrs)1,273$1,8502thin

Every lot, as filed

88 lots · USDA AMS · Public Auction Yards Livestock Cattle Auction - Billings, MT (Wed)
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
Stock CowsMedium and Large 1-2—1,143134.45/cwt120.00–157.001,53710
Bulls—Return to Feed—1,730111.46/cwt103.00–118.001,92813
Bulls——1,738113.01/cwt109.00–116.001,96415
Bulls——1,985123.05/cwt120.00–127.002,44311
CowsLean 85-90%Return to Feed—1,757107.44/cwt107.00–108.501,8883
CowsLean 85-90%Return to Feed—1,16881.87/cwt81.00–88.009567
Cow-Calf PairsMedium and Large 1-2—1,2731,850.00/head1,850.00–1,850.001,8502
HeifersMedium and Large 1—821236.50/cwt236.50–236.501,94220
HeifersMedium and Large 1-2—670248.34/cwt241.00–251.001,66419
HeifersMedium and Large 2—571239.23/cwt236.00–244.001,3665
HeifersMedium and Large 2—670232.48/cwt230.00–235.001,5582
HeifersMedium and Large 2—895212.00/cwt212.00–212.001,8971
BullsMedium and Large 1-2—645243.00/cwt243.00–243.001,5671
BullsMedium and Large 1-2—694235.00/cwt235.00–235.001,6318
BullsMedium and Large 1-2—586255.00/cwt255.00–255.001,4946
HeifersMedium and Large 2—830217.22/cwt214.00–222.501,8033
HeifersMedium and Large 2—619235.13/cwt235.00–236.001,45515
HeifersMedium and Large 1—687264.34/cwt255.00–266.501,81682
SteersMedium and Large 1—774265.02/cwt260.00–268.002,05159
SteersMedium and Large 1—530300.00/cwt300.00–300.001,59079
SteersMedium and Large 1-2—348347.50/cwt347.50–347.501,2098
SteersMedium and Large 1Value Added—731283.00/cwt283.00–283.002,06923
SteersMedium and Large 1—672281.61/cwt279.00–282.501,8924
SteersMedium and Large 1—429333.07/cwt332.50–334.001,42921
SteersMedium and Large 1-2—554278.00/cwt276.00–284.001,5408
SteersMedium and Large 1-2—473295.00/cwt295.00–295.001,3959
SteersMedium and Large 1-2—869234.21/cwt227.00–236.002,03519
SteersMedium and Large 1—1,059220.00/cwt220.00–220.002,3308
SteersMedium and Large 1—866252.06/cwt245.00–257.002,18312
SteersMedium and Large 1-2—513288.00/cwt288.00–288.001,4777
SteersMedium and Large 1—730271.49/cwt271.00–280.001,98218
SteersMedium and Large 1-2—977224.63/cwt220.00–227.002,1953
SteersMedium and Large 1-2—676262.60/cwt261.00–270.001,77511
SteersMedium and Large 1—461315.87/cwt315.00–320.001,45617
SteersMedium and Large 1-2—758251.04/cwt245.00–252.501,90311
SteersMedium and Large 1-2—918228.39/cwt223.00–230.502,09730
SteersMedium and Large 1-2—433323.85/cwt310.00–325.001,40234
SteersMedium and Large 1-2—825246.34/cwt238.00–248.002,03211
SteersMedium and Large 1—836255.57/cwt250.00–258.002,13721
SteersMedium and Large 2—767235.30/cwt235.00–239.001,80513
SteersMedium and Large 2—610259.48/cwt258.00–262.501,58318
SteersMedium and Large 1-2—1,059219.67/cwt217.00–220.002,3269
SteersMedium and Large 1-2—384323.91/cwt320.00–327.501,2449
SteersMedium and Large 2—712236.25/cwt235.00–240.001,6824
HeifersMedium and Large 1—1,032215.82/cwt215.50–216.502,2276
SteersMedium and Large 1-2—636275.19/cwt273.00–278.001,75023
SteersMedium and Large 2—900207.00/cwt207.00–207.001,8631
SteersMedium and Large 2—873221.43/cwt218.00–225.001,9332
SteersMedium and Large 2—583262.70/cwt260.00–264.001,5323
SteersMedium and Large 1—353344.00/cwt344.00–344.001,2142
HeifersMedium and Large 1-2—786233.00/cwt233.00–233.001,83113
SteersMedium and Large 1—331359.00/cwt359.00–359.001,1886
SteersMedium and Large 1—962238.00/cwt238.00–238.002,2903
SteersMedium and Large 1—924242.89/cwt234.00–245.002,24449
Bred CowsMedium and Large 1-2Fancy—1,2101,600.00/head1,600.00–1,600.001,6001
Bred CowsMedium and Large 1-2—1,1981,313.52/head1,125.00–1,475.001,3142
Bred HeifersMedium and Large 1-2—8641,704.36/head1,700.00–1,725.001,7046
SteersMedium and Large 2—683248.86/cwt242.50–254.501,7005
HeifersMedium and Large 1—977218.28/cwt217.00–219.252,13342
HeifersMedium and Large 1-2—731240.99/cwt235.00–242.001,7627
HeifersMedium and Large 1—937220.84/cwt219.50–224.002,06955
HeifersMedium and Large 1—735256.83/cwt247.50–259.001,88853
HeifersMedium and Large 1—525282.50/cwt282.50–282.501,4831
HeifersMedium and Large 1—415297.50/cwt297.50–297.501,2354
HeifersMedium and Large 1—352330.58/cwt330.00–332.501,16413
HeifersMedium and Large 2—949201.00/cwt201.00–201.001,90727
HeifersMedium and Large 1-2—513266.00/cwt266.00–266.001,3659
HeifersMedium and Large 1—778245.42/cwt242.00–247.501,90915
HeifersMedium and Large 1-2—881220.89/cwt215.00–224.001,94629
HeifersMedium and Large 1—872227.30/cwt225.00–230.001,98228
HeifersMedium and Large 2—990201.00/cwt201.00–201.001,9902
HeifersMedium and Large 2—730221.00/cwt221.00–221.001,6132
HeifersMedium and Large 1-2—433284.55/cwt280.00–288.001,23238
HeifersMedium and Large 1-2—633250.82/cwt250.00–253.001,5887
HeifersMedium and Large 1-2—984209.75/cwt209.75–209.752,06434
HeifersMedium and Large 1-2—462274.72/cwt257.00–281.001,26925
HeifersMedium and Large 1-2—920215.72/cwt212.00–217.001,98514
HeifersMedium and Large 1-2—818227.85/cwt226.00–231.001,86414
CowsBoner 80-85%—1,23289.48/cwt86.00–92.001,1028
CowsBreaker 75-80%Return to Feed—1,564111.93/cwt100.00–117.001,75123
CowsBreaker 75-80%—1,660111.46/cwt111.00–112.001,8502
CowsBreaker 75-80%—1,585105.00/cwt105.00–105.001,6642
CowsBoner 80-85%—1,37198.41/cwt96.00–103.001,34913
CowsLean 85-90%—1,27292.71/cwt85.00–113.001,1798
CowsLean 85-90%—1,15396.52/cwt96.00–97.001,1132
CowsLean 85-90%—1,15584.28/cwt77.00–103.009739
CowsBoner 80-85%—1,448107.96/cwt106.00–110.001,5632
CowsBoner 80-85%Return to Feed—1,357106.57/cwt98.00–118.001,44649

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.