Sale reports / Montana / Public Auction Yards / 2025-10-22

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Oct 22
● Final91 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
544 head
▲ 302 vs last sale 242▲ 98 vs year ago 446 · +22.0%
Slaughter Cattle receipts
1,077 head
▲ 556 vs last sale 521▲ 385 vs year ago 692 · +55.6%
Replacement Cattle receipts
575 head
▲ 26 vs last sale 549▲ 298 vs year ago 277 · +107.6%
Also sold hereRegular saleFri Oct 2, 2026
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Reporter comment USDA

As filed

Compared to last week: Yearling steers and heifers were too lightly tested to develop any market trend. All calves were too lightly tested last week to develop any market trend. Demand for calves and yearlings was moderate to good. Quality was mostly plain to average this week with many cut back cattle seen. Most feeder offerings were offered in small packages with many singles noticed. Demand for light weight calves suitable to develop into yearlings remains very good. Demand for offerings too heavy to develop into yearlings was mostly light to moderate. CME positions sold sharply lower today with all contracts moving limit lower with the exception of the nearby October contract which settles next week. Market activity was moderate to active despite a light offering. Weigh up cows sold on mostly very good demand for moderate to heavy offerings. Quality this week was mostly average to attractive. Small regional cow packers were in the market this week buying cows for immediate harvest. Slaughter cows sold sharply higher, with most sales 10.00-15.00 higher on boning and breaking cows as major packers and regional packers fought over offerings. Lean cows sold unevenly steady from 5.00 higher to 5.00 lower. Major packers opted to send most cows to feed. Major packers purchased both short term and long term cows to feed. Short term feeding cows were mostly slightly blemished cows that could be fed to hold or improve yield for harvest over the thanksgiving holiday week. No trend is available for short term feeding cows as most of these offerings were purchased for slaughter last week. Long term feeding cows sold mostly 5.00-10.00 higher as regional packers battled major packers over high quality sound offerings. Weigh conditions were mixed this week. Slaughter bulls sold steady to 3.00 lower. Bulls suitable to feed sold steady on very good demand. Young age cows suitable to feed or rebreed sold generally steady. Demand for these offerings remains good to very good. Quality was mostly average to attractive. Bred cow offerings sold on good to very good demand for light offerings. Prices for bred cows were mostly higher than last week.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $414.86/cwt on 61 head. That ranks 1 of 10 comparable sales and sits −69.61 against this barn's trailing median of $484.46.
Average price
$414.86
61 head · 566 lb average
Value per head Derived
$2,350
Price × average weight ÷ 100
Grade differential Derived
−$144
per head · Medium and Large 1-2 over Medium and Large 1
$5.92/cwt at this weight
vs the market
−58.92
vs MT average
−43.28 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2530420.002,2258thin
Medium and Large 1572414.082,36953
One grade step is worth $5.92/cwt here — about −$144 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

10 sales
525488451415median 484.4602/1803/1804/2206/2409/30
Steers 500–600 lb: high $510.69, low $428.82, median $484.46 across 10 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 sale61 hd
414.86
—
MT average5 barns · 2,474 hd
473.78
−58.92
National average182 barns · 38,495 hd
458.14
−43.28
This barn, trailing median10 sales
484.46
−69.61
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—Low1,833181.433,32654
CowsBreaker 75-80%Low1,546185.172,863101
CowsBoner 80-85%High1,360172.812,351334
CowsLean 85-90%Low1,200157.911,894213

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)1,122$3,51121
Bred Cows2nd Stage (4-6 mo)Young/Middle Aged (2-8 yrs)1,227$3,5009
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)1,123$3,38647
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,291$3,36513
Bred Cows1st Stage (1-3 mo)Middle Aged (5-8 yrs)1,235$3,3001thin
Bred Cows2nd Stage (4-6 mo)Middle Aged/Aged (>5 yrs)1,347$3,13025
Bred Cows2nd Stage (4-6 mo)Aged (>8 yrs)1,496$2,98510
Bred Cows1st Stage (1-3 mo)Middle Aged/Aged (>5 yrs)1,308$2,95813
Bred Cows1st Stage (1-3 mo)Aged (>8 yrs)1,300$2,9163thin
Bred Cows1st/2nd Stage (1-6 mo)Aged (>8 yrs)1,169$2,8504thin

Every lot, as filed

91 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—1,031228.12/cwt203.00–295.002,3526
Bred CowsMedium and Large 1-2Thin Fleshed—1,3702,500.00/head2,500.00–2,500.002,5002
Bred CowsMedium and Large 1—1,337183.00/cwt183.00–183.002,4477
Bred CowsMedium and Large 1—1,2273,500.00/head3,500.00–3,500.003,5009
Bred CowsMedium and Large 1Broken Mouth—1,5283,106.15/head2,900.00–3,300.003,1068
Bred CowsMedium and Large 1Broken Mouth—1,236193.00/cwt193.00–193.002,38513
SteersMedium and Large 1Unweaned400–450421543.84/cwt540.00–570.002,29023
HeifersMedium and Large 1Unweaned250–300285630.00/cwt630.00–630.001,7963
BullsMedium and Large 1850–900865325.00/cwt325.00–325.002,8111
BullsMedium and Large 1Unweaned650–700681365.00/cwt365.00–365.002,4864
BullsMedium and Large 1950–1000980310.00/cwt310.00–310.003,0381
SteersMedium and Large 1Unweaned200–250228870.00/cwt870.00–870.001,9842
SteersMedium and Large 1Unweaned550–600572414.08/cwt412.50–417.502,36953
SteersMedium and Large 1Unweaned300–350337670.00/cwt670.00–670.002,25817
HeifersMedium and Large 1Unweaned400–450447461.00/cwt461.00–461.002,06124
BullsMedium and Large 1Unweaned600–650637370.00/cwt370.00–370.002,3575
SteersMedium and Large 1Unweaned450–500466498.35/cwt497.50–505.002,32237
SteersMedium and Large 1Unweaned250–300262805.00/cwt805.00–805.002,1095
SteersMedium and Large 1-2Unweaned450–500456433.52/cwt420.00–450.001,97711
HeifersMedium and Large 1Unweaned600–650628351.00/cwt351.00–351.002,20410
HeifersMedium and Large 1Unweaned450–500486430.00/cwt430.00–430.002,09011
SteersMedium and Large 1Unweaned600–650618408.46/cwt403.00–410.002,52419
Bred CowsMedium and Large 1-2—1,2383,100.00/head3,100.00–3,100.003,1002
Bred CowsMedium and Large 1-2—1,2233,149.49/head3,100.00–3,200.003,1492
Stock CowsMedium and Large 1-2Thin Fleshed—710155.00/cwt155.00–155.001,1011
Bred CowsMedium and Large 1—1,2353,300.00/head3,300.00–3,300.003,3001
Bred CowsMedium and Large 1-2—1,3502,841.67/head2,700.00–2,950.002,8422
Bred CowsMedium and Large 1Thin Fleshed—9783,400.00/head3,400.00–3,400.003,4003
Bred CowsMedium and Large 1—1,1363,576.87/head3,450.00–3,600.003,57716
Bred CowsMedium and Large 1—1,3473,155.00/head3,000.00–3,250.003,15523
Bred CowsMedium and Large 1—1,3043,079.75/head3,050.00–3,100.003,08010
Bred CowsMedium and Large 1-2Broken Mouth—1,1692,850.00/head2,850.00–2,850.002,8504
Stock CowsMedium and Large 1—1,284178.57/cwt175.00–181.002,2935
Bred CowsMedium and Large 1—1,1303,454.75/head3,400.00–3,550.003,45541
Bred CowsMedium and Large 1Thin Fleshed—9503,250.00/head3,250.00–3,250.003,2501
Stock CowsMedium and Large 1—985308.38/cwt245.00–355.003,038132
Stock CowsMedium and Large 1Thin Fleshed—980285.00/cwt285.00–285.002,7932
Stock CowsMedium and Large 1-2—1,079192.28/cwt174.00–270.002,07528
SteersSmall 2-3350–400351265.00/cwt265.00–265.009307
CowsBoner 80-85%Return to Feed—1,372185.43/cwt182.00–189.002,54446
CowsBoner 80-85%Return to Feed—1,331175.64/cwt168.00–181.002,338175
CowsLean 85-90%—1,173115.35/cwt100.00–125.001,35336
CowsBreaker 75-80%—1,604174.31/cwt171.00–178.002,7964
CowsLean 85-90%Return to Feed—1,206173.20/cwt165.00–178.002,08992
CowsLean 85-90%Return to Feed—1,182180.16/cwt180.00–181.002,12918
CowsLean 85-90%—1,194166.77/cwt166.00–167.001,9914
CowsBoner 80-85%—1,336123.51/cwt115.00–126.001,65014
CowsBoner 80-85%—1,325112.00/cwt112.00–112.001,4843
CowsBreaker 75-80%Return to Feed—1,478187.84/cwt185.00–189.502,77658
CowsBreaker 75-80%Non-Traditional—1,490187.00/cwt187.00–187.002,7861
CowsLean 85-90%Return to Feed—1,207148.68/cwt112.50–165.001,79515
Bulls——1,805166.40/cwt160.00–172.003,00412
CowsBreaker 75-80%—1,453187.00/cwt187.00–187.002,7172
Bulls——2,053184.52/cwt182.00–188.003,7888
CowsLean 85-90%—1,11978.70/cwt60.00–90.008819
CowsBoner 80-85%Return to Feed—1,428153.05/cwt132.50–167.002,18628
CowsBoner 80-85%—1,356169.25/cwt154.00–177.002,29531
Bulls—Return to Feed—1,850192.22/cwt187.00–197.003,55615
CowsLean 85-90%—1,248176.45/cwt175.50–179.002,20237
CowsLean 85-90%Light Weight—95585.00/cwt85.00–85.008122
CowsBreaker 75-80%Return to Feed—1,641181.89/cwt180.00–185.002,98511
Bulls—Return to Feed—1,684176.93/cwt160.00–183.002,9809
Bulls—Light Weight—1,270140.00/cwt140.00–140.001,7782
BullsLarge 11100–11501,101260.00/cwt260.00–260.002,8636
Bred CowsLarge 1—1,1012,850.00/head2,850.00–2,850.002,8505
Bred CowsLarge 1—1,3222,550.00/head2,550.00–2,550.002,5503
CowsBoner 80-85%—1,449185.23/cwt183.00–187.502,68437
Bulls——1,933196.09/cwt194.00–198.003,7908
CowsBreaker 75-80%—1,664181.92/cwt174.00–186.003,02725
Bred CowsMedium and Large 1—1,3013,412.68/head3,300.00–3,475.003,41311
Stock CowsMedium and Large 1—1,131228.63/cwt182.50–305.002,586134
HeifersMedium 1Unweaned450–500453420.00/cwt420.00–420.001,9032
SteersLarge 1Unweaned450–500478450.00/cwt450.00–450.002,1512
BullsLarge 11150–12001,175265.00/cwt265.00–265.003,1141
HeifersLarge 1Fleshy1050–11001,091285.00/cwt285.00–285.003,1095
SteersMedium and Large 1-2Unweaned550–600595375.00/cwt375.00–375.002,2312
SteersMedium and Large 1-2Unweaned600–650611395.00/cwt395.00–395.002,4135
Stock CowsMedium and Large 1Fleshy—1,441189.98/cwt185.00–191.002,7386
Bred CowsMedium and Large 1Broken Mouth—1,3002,916.29/head2,850.00–2,950.002,9163
Stock CowsMedium and Large 1Thin Fleshed—842316.30/cwt305.00–322.502,6639
Stock CowsMedium and Large 1Fleshy—1,145231.68/cwt205.00–270.002,6532
SteersMedium and Large 1-2800–850808355.00/cwt355.00–355.002,8688
SteersMedium and Large 1-2Unweaned400–450423501.06/cwt460.00–507.502,11921
HeifersMedium and Large 1-2Unweaned550–600581350.00/cwt350.00–350.002,0349
SteersMedium and Large 1-2Unweaned300–350342600.00/cwt600.00–600.002,05210
SteersMedium and Large 1-2Unweaned500–550508435.00/cwt435.00–435.002,2106
HeifersMedium and Large 1-2800–850838307.00/cwt307.00–307.002,57315
HeifersMedium and Large 1-2850–900874303.00/cwt303.00–303.002,6488
SteersMedium and Large 2Unweaned450–500477350.00/cwt350.00–350.001,6705
SteersMedium and Large 1Unweaned350–400364636.32/cwt625.00–670.002,31616
SteersMedium and Large 1Unweaned650–700678396.31/cwt390.00–397.002,68710

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.