Sale reports / Montana / Public Auction Yards / 2026-03-18

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Mar 18
● Final86 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
647 head
473 vs last sale 174 897 vs year ago 1,544 · 58.1%
Slaughter Cattle receipts
176 head
319 vs last sale 495 234 vs year ago 410 · 57.1%
Replacement Cattle receipts
72 head
251 vs last sale 323 63 vs year ago 135 · 46.7%
Also sold hereRegular saleFri Nov 7, 2025
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Reporter comment USDA

As filed

Compared to last week (3-11-26): Feeder cattle were not well tested last week, thus no accurate trend is available, however higher undertones were noticed. Quality this week was mostly average to attractive and offered in small to moderate size packages. Demand was mostly good for light to moderate offerings. Limited feeder cattle made putting together loads difficult for buyers. A moderate size crowd was on hand for todays sale. Market activity was active as a result. Weigh up cows sold on good to very good demand again this week. Almost every cow purchased today was once again purchased to feed in some capacity. Feeding cows sold fully steady. Quality this week was average to attractive, and similar to last week. A few sets of cows which had be started on feed sold this week. Demand from packers was stronger this week as they showed good demand for fleshy cows which had been started on feed. Most of fed cows on offer were purchased to return to feed as most needed another 30-60 days to grade premium white. Canadian buyers were back in the market this week and they showed very good demand for feeding cows to ship north and feed. Weigh up conditions were mostly average to below average today and similar to last weeks sale. Cows with blemishes were also heavily purchased to feed this week as buyers pushed cow prices well over packer buyers orders for slaughter cows. Very few cows were purchased for immediate harvest as feeding cow demand held cow prices above slaughter cow orders. Slaughter cows were too lightly tested to develop an accurate market trend, however higher undertones were noticed. Slaughter bulls sold mostly steady to 2.00 higher. Feeding bull buyers were very aggressive in buying bulls to feed. Feeding bulls sold generally steady to firm in a narrow comparison. Demand for young cows remains very good. Young age offerings sold mostly steady. Quality this week was average to attractive, but not as attractive as last weeks offering.

Weight class

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $420.42/cwt on 14 head, down $1.12 from the prior sale (only 13 head in that comparison). That ranks 9 of 19 comparable sales and sits 1.12 against this barn's trailing median of $421.54.
Average price
$420.42
1.12 vs prior sale
14 head · 568 lb average
Value per head Derived
$2,388
Price × average weight ÷ 100
Grade differential Derived
$313
per head · Medium and Large 1 over Medium 2
$47.16/cwt at this weight
vs the market
24.66
vs MT average
+4.30 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1570427.162,43312thin
Medium 2558380.002,1202thin
One grade step is worth $47.16/cwt here — about $313 a head. Across this sale the premium is widest at 600–700 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 sale14 hd
420.42
MT average3 barns · 150 hd
445.09
−24.66
National average164 barns · 8,069 hd
416.12
+4.30
This barn, trailing median19 sales
421.54
−1.12
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
BullsAverage1,776203.463,61337
CowsBoner 80-85%Low1,393174.962,43871
CowsBreaker 75-80%Low1,496174.592,61245
CowsLean 85-90%Low1,121155.111,73815

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/Aged (>5 yrs)1,580$3,5001thin
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,440$3,4002thin
Bred Cows2nd/3rd Stage (4-9 mo)Aged (>8 yrs)1,407$2,9673thin
Bred Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)1,300$2,9001thin
Cow-Calf PairsOpenYoung/Middle Aged (2-8 yrs)1,587$4,7003thin
Cow-Calf PairsOpenAged (>8 yrs)1,835$4,1502thin

Every lot, as filed

86 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
CowsLean 85-90%Return to Feed1,080161.66/cwt155.00–164.001,7466
CowsLean 85-90%Return to Feed1,218176.18/cwt172.50–180.002,1462
CowsBreaker 75-80%Return to Feed1,469164.34/cwt160.00–170.502,4146
Bulls2,190207.00/cwt207.00–207.004,5331
Bulls1,955212.56/cwt202.00–215.004,15617
Bulls2,270216.00/cwt216.00–216.004,9031
CowsLean 85-90%1,138146.39/cwt145.00–147.501,6662
CowsBreaker 75-80%1,690163.91/cwt161.00–166.002,7704
CowsBreaker 75-80%1,645169.57/cwt167.00–176.002,7897
CowsBoner 80-85%Return to Feed1,419163.77/cwt156.00–169.002,3247
CowsBoner 80-85%Return to Feed1,335185.59/cwt184.00–188.002,4788
CowsLean 85-90%Return to Feed1,145181.00/cwt181.00–181.002,0721
BullsMedium and Large 1-2500–550538465.00/cwt465.00–465.002,5024
BullsMedium and Large 1850–900860320.00/cwt320.00–320.002,7521
BullsMedium and Large 1350–400375650.00/cwt650.00–650.002,4381
BullsMedium and Large 1800–850823347.50/cwt347.50–347.502,8603
BullsMedium and Large 1-2450–500477490.00/cwt490.00–490.002,3373
HeifersMedium and Large 1Fleshy850–900877311.00/cwt311.00–311.002,7273
Beef/Dairy HeifersLarge 1-2900–950934290.00/cwt290.00–290.002,7094
Beef/Dairy HeifersLarge 1-2800–850818320.00/cwt320.00–320.002,61832
Beef/Dairy SteersLarge 1-2800–850836322.50/cwt322.50–322.502,69612
SteersMedium and Large 1-2550–600570443.62/cwt440.00–450.002,5297
SteersMedium 1600–650633436.16/cwt432.00–445.002,7616
SteersMedium and Large 1650–700679420.43/cwt418.00–425.002,85514
SteersMedium and Large 1-2650–700674397.06/cwt395.00–401.002,6763
Beef/Dairy SteersLarge 1-2900–950902306.50/cwt306.50–306.502,76525
Beef/Dairy HeifersLarge 1-2750–800770320.00/cwt320.00–320.002,4642
SteersMedium and Large 1700–750712407.99/cwt406.00–421.502,90523
SteersMedium and Large 1-2350–400362600.00/cwt600.00–600.002,1726
SteersMedium and Large 1600–650608450.50/cwt450.50–450.502,73936
SteersMedium and Large 1-2450–500459545.00/cwt545.00–545.002,5024
SteersMedium 2400–450420355.00/cwt355.00–355.001,4912
SteersMedium 2600–650610275.00/cwt275.00–275.001,6783
HeifersMedium and Large 1750–800770350.40/cwt350.00–352.002,69810
HeifersMedium and Large 1700–750737362.82/cwt359.75–365.502,674142
SteersMedium and Large 1Fleshy850–900858340.00/cwt340.00–340.002,9174
SteersMedium and Large 1750–800759395.00/cwt395.00–395.002,99814
SteersMedium and Large 1-2400–450407572.95/cwt570.00–575.002,3325
SteersMedium and Large 1550–600588462.50/cwt462.50–462.502,7206
HeifersMedium and Large 1-2600–650630385.00/cwt385.00–385.002,4261
HeifersMedium and Large 1-2350–400378500.00/cwt500.00–500.001,8902
HeifersMedium and Large 1650–700659380.00/cwt377.00–385.002,50413
SteersMedium and Large 2300–350325570.00/cwt570.00–570.001,8531
SteersMedium and Large 1-2600–650645428.38/cwt427.00–432.502,7634
HeifersMedium and Large 1-2300–350315506.64/cwt505.00–510.001,5963
HeifersMedium 2600–650623310.00/cwt310.00–310.001,9312
HeifersMedium and Large 1-2700–750706345.00/cwt345.00–345.002,4364
HeifersMedium and Large 1-2650–700660357.50/cwt357.50–357.502,3601
SteersMedium and Large 1Fleshy1000–10501,013305.00/cwt305.00–305.003,0907
CowsBoner 80-85%1,348142.36/cwt140.00–145.001,9192
CowsBoner 80-85%1,460161.00/cwt161.00–161.002,3511
CowsBoner 80-85%1,455150.00/cwt150.00–150.002,1832
CowsBoner 80-85%Return to Feed1,397177.36/cwt170.00–182.502,47851
CowsLean 85-90%1,118132.62/cwt120.00–137.001,4834
CowsBreaker 75-80%Return to Feed1,423179.04/cwt172.00–180.002,54825
CowsBreaker 75-80%Return to Feed1,553183.91/cwt182.00–185.002,8563
Bulls1,626187.65/cwt182.50–192.003,0518
BullsReturn to Feed1,746196.79/cwt196.00–197.003,4364
BullsReturn to Feed1,330205.24/cwt199.00–210.002,7305
BullsLight Weight1,360177.00/cwt177.00–177.002,4071
Stock CowsMedium and Large 11,127262.10/cwt240.00–311.002,95417
Stock CowsMedium and Large 1-21,129219.00/cwt180.00–280.002,4734
Stock CowsMedium and Large 1-21,160242.50/cwt242.50–242.502,8131
Bred CowsMedium and Large 1-21,3002,900.00/head2,900.00–2,900.002,9001
Bred CowsMedium and Large 1-21,4403,400.00/head3,400.00–3,400.003,4002
Bred CowsMedium and Large 1-21,5803,500.00/head3,500.00–3,500.003,5001
Bred CowsMedium and Large 1Broken Mouth1,4403,250.00/head3,250.00–3,250.003,2502
Cow-Calf PairsMedium and Large 1Broken Mouth1,8354,150.00/head4,150.00–4,150.004,1502
Stock CowsMedium and Large 11,255184.97/cwt183.00–190.002,3215
Stock CowsMedium and Large 11,065269.89/cwt202.00–322.502,87430
Bred CowsMedium and Large 1-2Broken Mouth1,3402,400.00/head2,400.00–2,400.002,4001
Cow-Calf PairsMedium and Large 11,5874,700.00/head4,700.00–4,700.004,7003
HeifersMedium and Large 1Fleshy800–850806322.00/cwt322.00–322.002,5955
HeifersMedium and Large 2300–350342500.00/cwt500.00–500.001,7109
HeifersMedium 2550–600558380.00/cwt380.00–380.002,1202
HeifersMedium and Large 1-2800–850814325.00/cwt325.00–325.002,6464
HeifersMedium and Large 2450–500497440.00/cwt440.00–440.002,1877
HeifersMedium and Large 1Fleshy700–750743349.00/cwt349.00–349.002,59320
HeifersMedium and Large 1-2400–450415490.20/cwt472.50–525.002,0343
HeifersMedium and Large 1600–650623405.27/cwt394.00–417.002,52524
HeifersMedium and Large 1-2750–800795338.00/cwt338.00–338.002,6874
HeifersMedium and Large 1550–600576422.59/cwt422.00–425.002,43410
HeifersMedium and Large 1500–550538450.00/cwt450.00–450.002,4212
HeifersMedium and Large 1-2Fleshy700–750732335.00/cwt335.00–335.002,4525
HeifersMedium and Large 1-2450–500495452.50/cwt452.50–452.502,2403
SteersMedium and Large 1Fleshy900–950922330.88/cwt330.00–336.503,05122

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.