Sale reports / Montana / Public Auction Yards / 2023-01-18

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Jan 18
● Final87 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
2,978 head
2,798 vs last sale 180 2,673 vs year ago 305 · +876.4%
Slaughter Cattle receipts
368 head
166 vs last sale 534 178 vs year ago 190 · +93.7%
Replacement Cattle receipts
188 head
1,632 vs last sale 1,820 6 vs year ago 182 · +3.3%
Also sold hereRegular saleFri Nov 7, 2025
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Reporter comment USDA

As filed

Compared to last week: Public auction yards had back to back feeder specials last friday and again today. Compairsons are to last fridays feeder special. Feeder steers under 600 lbs sold steady to firm, steers over 600 lbs sold steady to 5.00 lower. Feeder heifers under 650 lbs sold generally steady, heifers over 650 lbs sold mostly 2.00 lower. Feeder cattle quality was mixed from plain to very attractive. Several large load lots of reputation feeders were seen this sale. Demand remains good for both sexes of feeders suitable to develop into yearlings. Demand for heavy weight feeders was slightly lighter this sale as many roads and interstates to the plains and corn belt are closed after recieving heavy amounts of snow and wind. Several buyers remarked they were out of the market as a result. Market activity was mostly active again this sale and a large crowd was on hand for todays sale which pushed late into the evening. Demand remained constant as most buyers stayed the length of the sale. Weigh up cows sold on mostly moderate to good demand for light to moderate offerings. Eastern packer buyers showed slightly stronger demand for slaughter cows this sale as they pushed western packer buyers over offerings. Slaughter cows sold mostly 1.00-2.00 higher on boning and lean cow offerings; breaking cows sold 3.00-5.00 higher in a narrow compairson, as feeding buyers looking for fat cows helped push all breaking cow offerings higher. Slaughter bulls sold 2.00-3.00 higher. Young age cows suitable to feed or rebreed sold generally steady in a narrow compaison.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $188.81/cwt on 1,126 head.
Average price
$188.81
1,126 head · 542 lb average
Value per head Derived
$1,023
Price × average weight ÷ 100
Grade differential Derived
$12
per head · Medium and Large 1 over Medium and Large 2
$37.69/cwt at this weight
vs the market
4.35
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1566190.691,080892
Medium 1-2510188.509617thin
Medium and Large 1-2466186.3286780
Medium 1431179.15772145
Medium and Large 2698153.001,0682thin
One grade step is worth $37.69/cwt here — about $12 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 sale1,126 hd
188.81
MT average4 barns · 3,674 hd
193.16
−4.35
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
BullsLow1,84092.891,70937
CowsBreaker 75-80%High1,60980.951,30313
CowsBoner 80-85%Low1,37669.34954127
CowsLean 85-90%Very Low1,15563.52734117

Every lot, as filed

87 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
HeifersMedium 1387192.05/cwt188.50–200.0074349
HeifersMedium and Large 1526199.18/cwt189.00–212.001,048250
HeifersMedium and Large 1-2466186.56/cwt182.00–197.0086927
HeifersMedium and Large 1Unweaned544185.17/cwt179.00–188.501,00723
HeifersMedium and Large 1Unweaned636174.10/cwt170.00–174.501,10787
HeifersMedium 1410175.00/cwt175.00–175.0071828
HeifersMedium and Large 1615184.30/cwt177.00–186.501,133133
HeifersMedium and Large 1-2546178.38/cwt175.00–187.0097414
HeifersMedium and Large 1568188.99/cwt181.50–195.001,073125
SteersMedium and Large 1-2663179.50/cwt179.50–179.501,1902
SteersMedium and Large 1-2527216.14/cwt200.00–219.001,13927
SteersMedium and Large 1426267.86/cwt253.00–273.501,14134
HeifersMedium and Large 2698153.00/cwt153.00–153.001,0682
HeifersMedium and Large 1768155.00/cwt155.00–155.001,1902
SteersMedium and Large 1387282.89/cwt272.50–299.001,09518
SteersMedium and Large 1627198.39/cwt190.00–205.001,244103
SteersMedium and Large 1-2594196.00/cwt196.00–196.001,1646
SteersMedium and Large 1-2485232.97/cwt225.00–237.001,1306
HeifersMedium and Large 1Unweaned484201.00/cwt201.00–201.009734
HeifersMedium 1598165.00/cwt165.00–165.009874
SteersMedium and Large 1525232.55/cwt224.00–236.501,22197
SteersMedium and Large 1583217.06/cwt202.50–224.501,265366
SteersMedium and Large 1Unweaned470256.00/cwt256.00–256.001,2032
SteersMedium and Large 1847171.00/cwt171.00–171.001,44820
SteersMedium and Large 1725179.79/cwt168.00–180.751,30322
SteersMedium and Large 1345300.00/cwt300.00–300.001,03511
SteersMedium and Large 1656196.65/cwt183.00–200.001,290148
SteersMedium and Large 1Unweaned564218.00/cwt218.00–218.001,23010
SteersMedium and Large 1Unweaned505236.00/cwt236.00–236.001,1927
SteersMedium and Large 1Unweaned650187.50/cwt187.50–187.501,21912
SteersMedium and Large 1-2422228.54/cwt225.00–252.509648
SteersMedium and Large 1-2628186.27/cwt182.00–189.001,1705
SteersMedium and Large 1Unweaned734171.02/cwt168.00–172.001,25524
SteersLarge 1664181.00/cwt181.00–181.001,20214
SteersLarge 1596188.00/cwt188.00–188.001,12060
SteersLarge 1623177.00/cwt177.00–177.001,1037
SteersMedium and Large 1474250.91/cwt235.00–262.001,18988
BullsMedium 1487150.00/cwt150.00–150.007319
BullsMedium and Large 1688175.04/cwt148.00–177.501,20446
BullsMedium and Large 1Unweaned591182.00/cwt182.00–182.001,0765
BullsMedium and Large 1Unweaned472212.50/cwt212.50–212.501,0035
BullsMedium and Large 1Unweaned769150.00/cwt150.00–150.001,1545
BullsMedium and Large 1Unweaned700165.50/cwt165.50–165.501,15934
CowsLean 85-90%1,06842.82/cwt37.00–48.004572
BullsLight Weight1,24565.00/cwt65.00–65.008091
Bulls2,073105.00/cwt104.00–106.002,1773
CowsBoner 80-85%Return to Feed1,38565.35/cwt62.00–67.5090511
CowsLean 85-90%Return to Feed1,17468.60/cwt67.00–69.0080521
CowsLean 85-90%Return to Feed90056.91/cwt55.00–59.005122
CowsBreaker 75-80%1,55583.00/cwt83.00–83.001,2911
CowsLean 85-90%Light Weight96955.54/cwt52.00–59.005384
CowsLean 85-90%Light Weight99060.00/cwt60.00–60.005941
CowsLean 85-90%Return to Feed1,15175.14/cwt72.00–75.508658
CowsBoner 80-85%1,40561.96/cwt55.00–67.5087124
CowsBoner 80-85%1,42568.71/cwt67.50–74.5097913
CowsBreaker 75-80%Return to Feed1,39578.00/cwt78.00–78.001,0883
CowsBreaker 75-80%Return to Feed1,73991.09/cwt84.00–93.501,5845
CowsBreaker 75-80%1,63567.97/cwt67.00–69.001,1112
CowsLean 85-90%1,15159.57/cwt50.00–61.0068632
CowsBreaker 75-80%Return to Feed1,60872.00/cwt72.00–72.001,1582
CowsBoner 80-85%Return to Feed1,35872.24/cwt68.00–76.5098179
CowsLean 85-90%1,18363.89/cwt62.00–68.5075647
Bulls1,83081.00/cwt81.00–81.001,4821
Bulls1,93597.09/cwt95.00–98.501,87912
Bulls1,84884.66/cwt63.00–93.001,5659
HeifersMedium and Large 1731165.93/cwt161.00–167.001,21344
HeifersMedium 1482171.00/cwt171.00–171.0082457
HeifersMedium and Large 1674170.16/cwt165.50–175.001,14752
HeifersMedium and Large 1443219.00/cwt219.00–219.009704
HeifersMedium and Large 1-2383191.45/cwt190.00–192.0073311
HeifersMedium and Large 1-2433192.61/cwt185.00–201.0083423
HeifersMedium 1-2510188.50/cwt188.50–188.509617
HeifersMedium 1307180.00/cwt180.00–180.005537
HeifersMedium and Large 1480206.06/cwt199.00–218.00989168
HeifersMedium and Large 1-2569167.11/cwt160.00–177.009515
BullsMedium 1510152.50/cwt152.50–152.507783
BullsMedium and Large 1502203.00/cwt203.00–203.001,01916
BullsMedium and Large 1-2578153.00/cwt153.00–153.008845
BullsMedium and Large 1-2532175.75/cwt160.00–185.009358
BullsMedium and Large 1581194.46/cwt177.00–199.001,13019
BullsMedium and Large 1620171.00/cwt171.00–171.001,0601
Stock CowsMedium and Large 11,004136.63/cwt81.00–152.001,37230
Stock CowsMedium and Large 11,07885.05/cwt62.00–109.00917100
Stock CowsMedium and Large 1-285392.00/cwt92.00–92.007853
BullsReturn to Feed1,31597.27/cwt92.00–99.001,2794
BullsReturn to Feed1,26581.91/cwt78.00–86.001,0362
Bulls2,22799.17/cwt98.00–101.002,2095

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.