Sale reports / Montana / Public Auction Yards / 2024-01-24

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Jan 24
● Final73 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
204 head
158 vs last sale 46 171 vs year ago 375 · 45.6%
Slaughter Cattle receipts
1,034 head
872 vs last sale 162 815 vs year ago 219 · +372.1%
Replacement Cattle receipts
414 head
356 vs last sale 58 359 vs year ago 55 · +652.7%
Also sold hereRegular saleFri Nov 7, 2025
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Reporter comment USDA

As filed

Compared to last week: Feeder cattle offerings were limited today as todays sale featured bred cows and weigh ups. Quality was plain to average. Demand was light to moderate as quality hampered demand. Offerings were light. Market activity was slow. Weigh up cows comprised most of the sale this week. Packers remain short bought and were aggressive as they tried to buy cows for immediate harvest. Slaughter cows sold mostly 1.00-3.00 higher on breaking and boning cows; lean cows sold 3.00-5.00 higher. Packers showed good demand for high quality cows suitable to feed to premium white as they continue to put cows away on feed. Both private feeders and packers were very aggressive as they bid on very high quality cows. Cow quality today was mostly attractive to very attractive. Feeding cows sold mostly steady to 3.00 higher. Weigh up conditions were average to above average in the morning as many sets of open cows were preg checked through the chute. Afternoon weigh conditions moderated slightly. Slaughter bulls were not well compared as last week saw very light volume, however steady to higher undertones were noticed. Young age cows sold mostly steady in a narrow comparison. Quality was mostly average to attractive today. Bred cow quality was mostly average today. Demand for bred cows was moderate.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $243.32/cwt on 83 head.
Average price
$243.32
83 head · 756 lb average
Value per head Derived
$1,839
Price × average weight ÷ 100
Grade differential Derived
−$328
per head · Medium and Large 1-2 over Medium and Large 1
$64.91/cwt at this weight
vs the market
43.67
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2543294.691,59916thin
Medium 1580263.001,5251thin
Large 1650235.001,52810thin
Medium and Large 1839229.781,92756
One grade step is worth $64.91/cwt here — about −$328 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 sale83 hd
243.32
MT average4 barns · 1,493 hd
286.99
−43.67
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
BullsAverage1,764112.941,99264
CowsPremium White 65-75%Low1,621102.481,66125
CowsBreaker 75-80%Low1,544102.011,57584
CowsBoner 80-85%Average1,39798.021,369257
CowsLean 85-90%Low1,16992.121,077380

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 Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,247$2,0003thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,428$1,84612
Bred Cows2nd/3rd Stage (4-9 mo)Young (2-4 yrs)1,109$1,74122
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged/Aged (>5 yrs)1,442$1,64619
Bred Cows2nd/3rd Stage (4-9 mo)Aged (>8 yrs)1,418$1,48720
Bred Cows2nd Stage (4-6 mo)Aged (>8 yrs)1,310$1,4751thin
Bred Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)974$1,34811
Bred Cows2nd Stage (4-6 mo)Young/Middle Aged (2-8 yrs)583$4253thin

Every lot, as filed

73 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 1-2956100.18/cwt95.00–105.0095810
Bred CowsMedium and Large 1-21,3701,425.00/head1,425.00–1,425.001,4252
Stock CowsMedium and Large 1-21,065121.00/cwt121.00–121.001,2892
Stock CowsMedium and Large 11,014152.38/cwt110.00–188.001,54565
Bred CowsMedium and Large 1-21,2561,809.54/head1,550.00–1,900.001,81010
Bred CowsMedium and Large 11,0992,100.00/head2,100.00–2,100.002,1009
Stock CowsSmall 360145.06/cwt38.00–49.00271158
Bred CowsSmall 3583425.00/head425.00–425.004253
Stock CowsMedium and Large 11,114105.55/cwt101.00–117.501,17641
Bred CowsMedium and Large 11,4501,672.40/head1,600.00–1,700.001,67217
Bred CowsMedium and Large 1Broken Mouth1,3101,475.00/head1,475.00–1,475.001,4751
Bred CowsMedium and Large 1Broken Mouth1,4341,512.44/head1,500.00–1,525.001,51212
Bred CowsSmall 3Non-Legible BANGS650435.00/head435.00–435.004353
Bred CowsMedium and Large 1-21,3501,575.00/head1,575.00–1,575.001,5752
Bred CowsMedium 19711,375.00/head1,375.00–1,375.001,3757
HeifersMedium and Large 1-2523272.50/cwt272.50–272.501,4254
SteersMedium and Large 1-2442325.00/cwt325.00–325.001,4376
HeifersMedium and Large 1-21,032185.66/cwt185.00–186.001,9166
HeifersMedium and Large 1-2584260.80/cwt260.00–261.001,52315
HeifersMedium and Large 1665249.00/cwt249.00–249.001,6566
HeifersMedium and Large 1569270.00/cwt270.00–270.001,5366
SteersLarge 1650235.00/cwt235.00–235.001,52810
SteersMedium and Large 1679255.51/cwt255.00–259.001,73515
SteersMedium and Large 1Fleshy981211.00/cwt211.00–211.002,07017
HeifersMedium and Large 2484265.00/cwt265.00–265.001,2839
HeifersMedium and Large 1-2996189.50/cwt189.50–189.501,8877
HeifersMedium and Large 1-2667226.00/cwt226.00–226.001,5073
SteersMedium and Large 1-2760228.70/cwt225.00–231.001,7383
SteersMedium and Large 1-2536297.00/cwt297.00–297.001,5927
SteersMedium 1580263.00/cwt263.00–263.001,5251
HeifersMedium and Large 1Fleshy764219.00/cwt219.00–219.001,6738
SteersMedium and Large 1Fleshy838227.00/cwt227.00–227.001,90224
HeifersMedium and Large 1900209.00/cwt209.00–209.001,8812
BullsMedium and Large 1738205.00/cwt205.00–205.001,5132
BullsMedium and Large 1938195.00/cwt195.00–195.001,8292
BullsMedium and Large 1640245.00/cwt245.00–245.001,5681
CowsBreaker 75-80%Return to Feed1,54395.26/cwt94.00–100.001,47012
CowsBoner 80-85%1,38597.61/cwt94.50–102.501,35252
CowsBreaker 75-80%Return to Feed1,504103.76/cwt103.50–104.001,56113
Bulls1,824116.74/cwt115.00–118.002,12913
CowsPremium White 65-75%1,712101.37/cwt100.00–101.501,73512
CowsBreaker 75-80%Return to Feed1,536105.86/cwt104.50–106.001,62617
CowsLean 85-90%1,13886.74/cwt80.00–90.5098790
CowsLean 85-90%1,218102.04/cwt101.00–103.001,2434
CowsBoner 80-85%1,454103.73/cwt103.00–105.001,50810
CowsBoner 80-85%Return to Feed1,443103.89/cwt103.50–104.501,49927
CowsBoner 80-85%Return to Feed1,40492.63/cwt92.50–93.001,3018
CowsBoner 80-85%Return to Feed1,38698.38/cwt93.50–103.001,364129
CowsLean 85-90%Light Weight91592.95/cwt91.00–95.008503
CowsBreaker 75-80%Heavy Weight2,08597.00/cwt97.00–97.002,0221
CowsBoner 80-85%1,41791.49/cwt85.00–93.501,29630
CowsBreaker 75-80%1,57592.92/cwt88.00–96.501,4637
CowsBreaker 75-80%1,502106.20/cwt104.50–107.501,59517
CowsBreaker 75-80%1,579101.44/cwt99.00–103.001,60217
CowsBoner 80-85%Light Weight94097.00/cwt97.00–97.009121
CowsLean 85-90%Light Weight90059.99/cwt55.00–62.505403
CowsPremium White 65-75%1,537103.50/cwt103.50–103.501,59113
CowsLean 85-90%1,16592.85/cwt90.00–97.001,082141
CowsLean 85-90%1,12772.29/cwt65.00–78.008155
CowsLean 85-90%Light Weight91378.67/cwt75.00–86.007185
CowsLean 85-90%Return to Feed1,05190.15/cwt87.50–91.009476
CowsLean 85-90%Return to Feed1,206103.14/cwt100.00–106.001,24423
CowsLean 85-90%Return to Feed1,23195.72/cwt92.00–99.501,178100
Bulls1,861125.62/cwt122.00–129.002,33812
Bulls1,809114.84/cwt111.00–120.002,07719
Bulls1,73497.49/cwt90.00–111.001,69011
Bulls2,013120.00/cwt120.00–120.002,4162
BullsLight Weight1,375102.76/cwt101.50–106.001,4136
BullsReturn to Feed1,14092.00/cwt92.00–92.001,0491
Bred CowsMedium and Large 11,2472,000.00/head2,000.00–2,000.002,0003
Bred CowsMedium 1-29791,300.00/head1,300.00–1,300.001,3004
Bred CowsMedium and Large 11,4441,900.00/head1,900.00–1,900.001,90010
Bred CowsMedium and Large 1-21,3941,450.00/head1,450.00–1,450.001,4508

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.