Sale reports / Montana / Public Auction Yards / 2026-04-15

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Apr 15
● Final117 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
2,988 head
2,796 vs last sale 192 2,632 vs year ago 5,620 · 46.8%
Slaughter Cattle receipts
125 head
178 vs last sale 303 33 vs year ago 158 · 20.9%
Replacement Cattle receipts
33 head
179 vs last sale 212 29 vs year ago 62 · 46.8%
Also sold hereRegular saleFri Nov 7, 2025
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Reporter comment USDA

As filed

Today was the Annual April Fest Feeder and Replacement Special. Demand for feeder cattle was mostly good to very good, especially for several loads of attractive quality replacement heifers. Feeder cattle were too lightly tested to develop an accurate market trend. Feeders were mostly offered in moderate size packages this week, with a few load lots on offer as well. Feeding cows and bulls were too lightly tested to develop a market trend, however higher undertones were noted. Slaughter cows and bulls were too lightly tested to develop a market trend, however steady to lower undertones were noted. Buyer demand overall was good to very good.

Weight class

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $464.07/cwt on 143 head, up $18.62 from the prior sale. That ranks 19 of 19 comparable sales and sits +42.53 against this barn's trailing median of $421.54.
Average price
$464.07
18.62 vs prior sale
143 head · 544 lb average
Value per head Derived
$2,523
Price × average weight ÷ 100
Grade differential Derived
$463
per head · Medium and Large 1 over Medium and Large 2
$97.82/cwt at this weight
vs the market
1.61
vs MT average
+36.68 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1543477.822,595101
Medium and Large 1-2543437.902,37737
Medium and Large 2561380.002,1325thin
One grade step is worth $97.82/cwt here — about $463 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.

This barn's trailing prices 500–600 lb

19 sales
478431384337median 421.5401/0702/2504/1506/0308/19
Heifers 500–600 lb: high $464.07, low $350.88, median $421.54 across 19 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

How it compared 500–600 lb

Same class and week · spot auction only
This sale143 hd
464.07
MT average3 barns · 330 hd
465.68
−1.61
National average182 barns · 12,591 hd
427.39
+36.68
This barn, trailing median19 sales
421.54
+42.53
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
BullsHigh1,841215.733,97122
CowsBoner 80-85%Average1,279180.902,31429
CowsBreaker 75-80%Average1,537173.722,66931
CowsLean 85-90%Low1,067152.591,62830

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
Cow-Calf PairsOpenYoung/Middle Aged (2-8 yrs)1,333$3,4552thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,683$2,4002thin

Every lot, as filed

117 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
BullsMedium and Large 1500–550506506.31/cwt495.00–517.502,5624
HeifersMedium and Large 1Replacement800–8508393,179.76/head3,050.00–3,200.003,180192
HeifersMedium and Large 1Replacement950–10009613,107.16/head3,100.00–3,150.003,10714
HeifersMedium and Large 1850–900854340.41/cwt325.00–347.002,90714
HeifersMedium and Large 1-2400–450430510.42/cwt475.00–530.002,19522
HeifersMedium and Large 1-2500–550528450.69/cwt445.00–465.002,38028
HeifersMedium and Large 1700–750719384.89/cwt360.00–415.002,767232
HeifersMedium and Large 1550–600564449.55/cwt420.00–475.002,53547
HeifersMedium and Large 1750–800779351.95/cwt325.00–366.002,74220
HeifersMedium and Large 1-2350–400373519.90/cwt505.00–525.001,9398
HeifersMedium and Large 2750–800789285.96/cwt250.00–310.002,2567
HeifersMedium and Large 2600–650613357.00/cwt357.00–357.002,18819
HeifersMedium and Large 1900–950917326.88/cwt320.00–330.002,99714
HeifersMedium and Large 1800–850814345.29/cwt328.00–350.502,81122
HeifersMedium and Large 1950–1000965317.50/cwt317.50–317.503,0641
HeifersMedium and Large 2650–700683327.53/cwt325.00–330.002,2372
HeifersMedium and Large 2700–750715300.00/cwt300.00–300.002,1451
HeifersMedium and Large 1600–650628410.56/cwt390.00–431.002,578138
HeifersMedium and Large 1-2700–750737341.72/cwt320.00–358.002,51829
HeifersMedium and Large 1-2900–950932309.19/cwt307.50–310.002,8823
HeifersMedium and Large 1-2600–650625377.18/cwt370.00–383.002,35719
HeifersMedium and Large 2450–500493415.00/cwt415.00–415.002,0462
HeifersMedium and Large 2350–400384444.88/cwt440.00–450.001,7084
HeifersMedium and Large 2550–600561380.00/cwt380.00–380.002,1325
HeifersMedium and Large 1-2650–700665364.68/cwt361.00–385.002,42521
HeifersMedium and Large 1-2250–300288559.74/cwt550.00–570.001,6122
HeifersMedium and Large 1-2800–850805316.69/cwt315.00–320.002,5493
HeifersMedium and Large 1500–550525502.43/cwt480.00–505.002,63854
BullsMedium and Large 1-2500–550512450.26/cwt410.00–470.002,3053
BullsMedium and Large 1-2450–500470447.74/cwt425.00–470.002,1042
BullsMedium and Large 1550–600550460.00/cwt460.00–460.002,5301
BullsReturn to Feed1,793238.38/cwt232.00–250.004,2743
BullsReturn to Feed2,013215.72/cwt214.50–216.004,3428
Cow-Calf PairsMedium and Large 1-21,3333,454.78/head3,000.00–3,800.003,4552
Stock CowsMedium and Large 1-21,112198.06/cwt192.00–205.002,2023
Stock CowsMedium and Large 1-21,141226.53/cwt217.50–235.002,5857
Stock CowsMedium and Large 1935283.69/cwt267.50–298.002,6535
Stock CowsMedium and Large 1-2946250.34/cwt227.50–257.502,3688
Stock CowsMedium and Large 11,213251.94/cwt240.00–260.003,0565
Cow-Calf PairsLarge 1-21,6832,400.00/head2,400.00–2,400.002,4002
HeifersMedium and Large 2400–450420419.64/cwt405.00–450.001,7623
BullsMedium and Large 1600–650647400.56/cwt400.00–425.002,59243
SteersMedium and Large 1-2950–1000964311.38/cwt307.00–318.003,0025
SteersMedium and Large 1900–950927334.48/cwt333.00–345.003,10111
SteersMedium and Large 1-2900–950922316.63/cwt315.00–320.002,9193
SteersMedium and Large 1-2850–900870330.33/cwt326.00–337.502,8743
SteersMedium and Large 1850–900858359.53/cwt353.00–361.003,08582
BullsMedium and Large 1-2550–600575430.00/cwt430.00–430.002,4731
BullsMedium and Large 1750–800760355.00/cwt355.00–355.002,6981
BullsMedium and Large 1800–850800330.00/cwt330.00–330.002,6401
BullsMedium and Large 1950–1000975315.00/cwt315.00–315.003,0711
BullsMedium and Large 1650–700675400.00/cwt400.00–400.002,7001
BullsMedium and Large 1900–950935327.50/cwt327.50–327.503,0621
CowsLean 85-90%1,026135.00/cwt135.00–135.001,3857
CowsLean 85-90%998172.16/cwt167.50–177.501,7182
CowsBreaker 75-80%1,684168.52/cwt165.00–171.002,8384
CowsBoner 80-85%1,395159.36/cwt156.00–161.002,2233
CowsBreaker 75-80%Return to Feed1,612166.86/cwt163.00–172.002,6907
CowsLean 85-90%Return to Feed1,107163.73/cwt160.00–165.001,8125
CowsBreaker 75-80%1,515160.94/cwt157.00–163.002,4386
CowsBreaker 75-80%Return to Feed1,421180.24/cwt175.00–183.002,5616
CowsBoner 80-85%Return to Feed1,267182.80/cwt175.00–185.002,31623
CowsBoner 80-85%Return to Feed1,257187.83/cwt187.00–188.502,3613
CowsLean 85-90%Return to Feed1,169188.50/cwt188.50–188.502,2044
CowsLean 85-90%1,035155.81/cwt150.00–161.001,6139
CowsLean 85-90%1,098104.50/cwt95.00–115.001,1473
CowsBreaker 75-80%Return to Feed1,500187.00/cwt186.00–188.002,8058
Bulls1,681213.63/cwt212.00–218.503,5917
BullsReturn to Feed2,243223.74/cwt221.00–226.005,0182
BullsLight Weight1,378181.13/cwt180.00–182.002,4962
SteersMedium and Large 1-2550–600580438.87/cwt427.00–465.002,54513
SteersMedium and Large 1-2400–450435564.91/cwt540.00–585.002,45720
SteersMedium and Large 1-2700–750737377.45/cwt355.00–387.502,78226
SteersMedium and Large 1800–850823361.22/cwt355.00–375.002,97335
HeifersMedium and Large 1400–450421600.55/cwt596.00–615.002,52886
HeifersMedium and Large 1650–700668395.99/cwt373.00–414.002,645158
SteersMedium and Large 2650–700675324.56/cwt310.00–340.002,1912
SteersMedium and Large 2750–800771326.14/cwt325.00–340.002,51518
SteersMedium and Large 1-2600–650616422.62/cwt400.00–445.002,60361
HeifersMedium and Large 1Replacement700–7507362,887.39/head2,885.00–2,900.002,88738
HeifersMedium and Large 1Replacement750–800759375.57/cwt361.00–384.002,851108
HeifersMedium and Large 1Replacement800–850825342.00/cwt342.00–342.002,82215
SteersMedium and Large 1Fleshy650–700688381.00/cwt381.00–381.002,6219
SteersMedium and Large 1700–750722413.76/cwt399.00–425.002,98774
SteersMedium and Large 1350–400353654.28/cwt652.50–680.002,31026
HeifersMedium and Large 1Replacement550–6005842,671.81/head2,600.00–2,725.002,67223
HeifersMedium and Large 1450–500486515.66/cwt505.00–560.002,50664
HeifersMedium and Large 1300–350313605.00/cwt605.00–605.001,89419
HeifersMedium and Large 1Replacement900–9509093,335.00/head3,335.00–3,335.003,335114
HeifersMedium and Large 1Replacement850–9008643,154.25/head2,925.00–3,250.003,154178
HeifersMedium and Large 1Replacement750–8007852,900.00/head2,900.00–2,900.002,9008
HeifersMedium and Large 1Replacement900–950913346.49/cwt339.00–353.503,16364
HeifersMedium and Large 1-2550–600589398.12/cwt390.00–402.502,3459
HeifersMedium and Large 1-2450–500478475.80/cwt440.00–495.002,27410
HeifersMedium and Large 1-2Replacement900–950910290.00/cwt290.00–290.002,6394
SteersMedium and Large 1-2650–700685382.03/cwt375.00–395.002,61726
SteersLarge 1-2850–900867335.00/cwt335.00–335.002,90419
SteersMedium and Large 2550–600580399.87/cwt395.00–405.002,3192
SteersMedium and Large 1500–550535528.56/cwt522.50–552.502,82839
SteersMedium and Large 1-2500–550543480.92/cwt470.00–482.502,61119
SteersMedium and Large 1250–300263701.94/cwt700.00–710.001,8465
SteersMedium and Large 1650–700676428.66/cwt419.00–450.002,89870
SteersMedium and Large 1-2350–400385605.00/cwt605.00–605.002,3291
SteersMedium and Large 2400–450418507.51/cwt485.00–520.002,1215
SteersMedium and Large 2800–850800305.00/cwt305.00–305.002,4401
SteersMedium and Large 1450–500478573.09/cwt555.00–590.002,73958
SteersMedium and Large 1400–450430625.17/cwt600.00–631.002,68869
SteersMedium and Large 1300–350345665.14/cwt650.00–670.002,2954
SteersMedium and Large 1600–650621460.07/cwt451.00–487.502,857100
SteersMedium and Large 1-2800–850811348.71/cwt330.00–355.002,8286
SteersMedium and Large 1-2750–800767363.52/cwt350.00–377.502,7889
SteersMedium and Large 1550–600579499.49/cwt482.50–526.002,89281
SteersMedium and Large 1950–1000957341.00/cwt341.00–341.003,2633
SteersMedium and Large 1750–800753401.80/cwt385.00–408.003,026105
SteersMedium and Large 1-2450–500482505.48/cwt500.00–517.502,43631
HeifersMedium and Large 1Replacement700–750716398.32/cwt390.00–401.002,85242
HeifersMedium and Large 1Replacement650–700697408.00/cwt408.00–408.002,84456

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.