Sale reports / Montana / Public Auction Yards / 2023-03-22

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Mar 22
● Final85 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
746 head
351 vs last sale 395 391 vs year ago 355 · +110.1%
Slaughter Cattle receipts
456 head
124 vs last sale 332 30 vs year ago 486 · 6.2%
Replacement Cattle receipts
248 head
58 vs last sale 190 51 vs year ago 299 · 17.1%
Also sold hereRegular saleFri Nov 7, 2025
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Reporter comment USDA

As filed

Compared to last week: Feeder cattle were too lightly tested last week to develop an accurate market trend, steady undertones were noticed on steers and firm undertones were noticed on heifers. Demand for feeders was mostly good for light offerings. Quality this week was mostly plain to average, with a limited number of attractive consignments. Most cattle were sold in small packages or as singles. Market activity was mostly active again this week. Weigh up cows sold on mostly good demand for moderate offerings. Slaughter cows sold steady to firm on all offerings. Quality this week was average to attractive, however weigh up conditions were very attractive to buyers and most buyers showed very good demand for high dressing cows. Packer buyers opted to send a few set of cows to feed again this week. Feeding cows sold steady to firm on an attractive offering. Slaughter bulls sold generally steady in a narrow comparison. Bull quality, overall, was better today than last sale. Young age cows suitable to feed or rebreed sold on mostly good demand. Buyers showed the best demand for high quality cows which had lost calves. Young offerings sold mostly 10.00 higher with sharply higher instances noticed on very attractive offerings. A complete dispersion of cows sold today. Offerings were met with mostly good demand. Bred heifer and cow offerings were very attractive.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $217.00/cwt on 274 head.
Average price
$217.00
274 head · 659 lb average
Value per head Derived
$1,430
Price × average weight ÷ 100
Grade differential Derived
$195
per head · Medium and Large 1-2 over Medium 1-2
$81.16/cwt at this weight
vs the market
8.90
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2558236.161,318123
Medium and Large 1745202.481,509141
Large 1652198.001,2916thin
Medium 1743182.001,3522thin
Medium 1-2725155.001,1242thin
One grade step is worth $81.16/cwt here — about $195 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 sale274 hd
217.00
MT average3 barns · 455 hd
225.90
−8.90
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
BullsHigh1,907110.992,11741
CowsBreaker 75-80%High1,62492.691,50559
CowsBoner 80-85%Average1,43390.971,304202
CowsLean 85-90%Low1,20285.741,031113

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 Cows3rd Stage (7-9 mo)Middle Aged (5-8 yrs)1,442$2,2008
Bred Cows3rd Stage (7-9 mo)Middle Aged/Aged (>5 yrs)1,430$2,04640
Bred Cows3rd Stage (7-9 mo)Aged (>8 yrs)1,442$1,70019
Bred Heifers3rd Stage (7-9 mo)(<2 yrs)1,250$2,20837

Every lot, as filed

85 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 and Large 2582170.00/cwt170.00–170.009893
HeifersMedium and Large 1-2852149.00/cwt149.00–149.001,2693
HeifersMedium and Large 1567218.12/cwt215.00–221.001,23727
HeifersMedium and Large 1675198.24/cwt192.00–199.001,3389
HeifersMedium and Large 1753169.50/cwt169.50–169.501,2765
HeifersMedium and Large 1863167.00/cwt167.00–167.001,4412
HeifersMedium and Large 1-2727169.00/cwt169.00–169.001,2293
HeifersMedium and Large 1-2447220.00/cwt220.00–220.009833
HeifersMedium and Large 1-2824149.00/cwt149.00–149.001,2284
HeifersMedium and Large 1510229.00/cwt229.00–229.001,1681
HeifersMedium 1501212.00/cwt212.00–212.001,0624
HeifersMedium and Large 1-2584193.41/cwt191.50–194.001,1308
HeifersMedium and Large 1620210.86/cwt198.50–214.001,30745
HeifersMedium and Large 1-2520210.90/cwt196.00–216.001,09720
HeifersMedium 2674125.00/cwt125.00–125.008434
SteersMedium and Large 1566247.18/cwt245.00–250.001,3999
SteersMedium and Large 1804182.78/cwt181.00–183.501,4707
SteersMedium and Large 1603240.00/cwt240.00–240.001,4475
SteersMedium and Large 1Fleshy837172.99/cwt171.00–175.001,4484
SteersMedium and Large 1Fleshy944169.00/cwt169.00–169.001,59511
HeifersMedium and Large 1-2631187.25/cwt183.00–194.001,18210
SteersMedium and Large 1685216.81/cwt215.00–221.001,48549
SteersMedium and Large 1-2420253.76/cwt250.00–257.501,06620
SteersMedium and Large 1-2534253.40/cwt244.00–258.001,35328
SteersMedium and Large 1-2692200.00/cwt200.00–200.001,38424
SteersMedium and Large 1-2585227.00/cwt227.00–227.001,3282
SteersMedium and Large 1-2745195.00/cwt195.00–195.001,45315
SteersMedium and Large 1764193.20/cwt187.00–199.001,47626
SteersMedium and Large 1885173.70/cwt173.00–174.501,53713
SteersMedium 1-2725155.00/cwt155.00–155.001,1242
SteersMedium and Large 1736201.10/cwt200.00–203.001,48016
SteersMedium 1743182.00/cwt182.00–182.001,3522
SteersMedium and Large 1-2459260.86/cwt256.00–262.501,19732
SteersMedium and Large 1-2835175.50/cwt175.50–175.501,4652
SteersMedium and Large 1905171.50/cwt171.50–171.501,5521
SteersLarge 1652198.00/cwt198.00–198.001,2916
BullsMedium and Large 1-2515210.00/cwt210.00–210.001,0821
BullsMedium and Large 1633221.00/cwt221.00–221.001,3994
BullsMedium and Large 1905160.00/cwt160.00–160.001,4481
BullsMedium and Large 1-2710172.50/cwt172.50–172.501,2252
BullsLarge 1-21,035140.00/cwt140.00–140.001,4492
BullsMedium and Large 1710199.00/cwt199.00–199.001,4136
CowsLean 85-90%Light Weight95775.99/cwt73.00–79.007275
CowsLean 85-90%Return to Feed1,29587.00/cwt87.00–87.001,1271
Bulls2,026132.02/cwt122.00–139.002,67511
Bulls1,907110.01/cwt107.00–112.002,0985
Bulls1,67596.19/cwt85.00–106.001,61117
CowsBreaker 75-80%1,55498.24/cwt97.50–98.501,5274
CowsBreaker 75-80%1,70694.43/cwt92.00–96.501,61113
CowsBreaker 75-80%1,58988.70/cwt87.00–93.001,40911
CowsBreaker 75-80%Return to Feed1,59692.50/cwt92.50–92.501,47630
CowsBoner 80-85%Return to Feed1,48893.09/cwt87.00–95.001,38514
CowsBoner 80-85%Return to Feed1,443107.50/cwt107.50–107.501,5513
CowsBoner 80-85%1,447100.82/cwt98.00–105.501,45923
CowsBoner 80-85%1,42790.93/cwt85.00–97.001,298115
CowsLean 85-90%1,21287.98/cwt85.00–93.001,06662
CowsBoner 80-85%1,42584.56/cwt81.00–86.501,20546
CowsBreaker 75-80%Heavy Weight2,05597.50/cwt97.50–97.502,0041
CowsLean 85-90%1,20281.57/cwt75.00–85.0098030
CowsLean 85-90%1,27595.95/cwt95.00–97.501,22310
CowsLean 85-90%1,16772.00/cwt72.00–72.008405
Bulls2,378118.67/cwt114.00–123.002,8222
CowsBoner 80-85%Return to Feed1,44085.00/cwt85.00–85.001,2241
BullsLight Weight1,32092.00/cwt92.00–92.001,2141
BullsHeavy Weight2,603122.53/cwt118.00–125.003,1893
BullsHeavy Weight2,715111.00/cwt111.00–111.003,0141
BullsReturn to Feed1,310105.00/cwt105.00–105.001,3761
Stock CowsLarge 1-2991103.50/cwt103.50–103.501,0267
Stock CowsMedium and Large 11,021140.78/cwt112.00–160.001,43787
Stock CowsLarge 11,005109.00/cwt109.00–109.001,0951
Stock CowsMedium and Large 1Fleshy1,520116.00/cwt116.00–116.001,7631
Bred HeifersMedium and Large 11,2502,207.95/head1,825.00–2,250.002,20837
Stock CowsMedium and Large 11,134107.53/cwt91.00–138.001,21930
Bred CowsMedium and Large 11,4302,046.25/head2,025.00–2,110.002,04640
Bred CowsMedium and Large 1Broken Mouth1,4421,700.00/head1,700.00–1,700.001,70019
Stock CowsMedium and Large 1-2899123.33/cwt100.00–138.001,10911
Bred CowsMedium and Large 11,4422,200.00/head2,200.00–2,200.002,2008
HeifersMedium and Large 1-2Fleshy604180.00/cwt180.00–180.001,0874
HeifersMedium and Large 1Fleshy724171.00/cwt171.00–171.001,2387
HeifersMedium and Large 1Fleshy795163.00/cwt163.00–163.001,29613
HeifersMedium and Large 1-2678184.81/cwt183.00–185.001,25331
HeifersMedium and Large 1718183.19/cwt182.00–184.001,31515
BullsMedium and Large 1-2460220.00/cwt220.00–220.001,0121
HeifersMedium and Large 1-2755148.00/cwt148.00–148.001,1175
HeifersMedium and Large 2737159.00/cwt159.00–159.001,1723

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.