Sale reports / Montana / Public Auction Yards / 2026-03-25

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Mar 25
● Final100 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
498 head
149 vs last sale 647 64 vs year ago 434 · +14.7%
Slaughter Cattle receipts
299 head
123 vs last sale 176 329 vs year ago 628 · 52.4%
Replacement Cattle receipts
224 head
152 vs last sale 72 22 vs year ago 202 · +10.9%
Also sold hereRegular saleFri Nov 7, 2025
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Reporter comment USDA

As filed

Compared to last week (3-18-26): Feeder cattle too lightly tested to develop an accurate market trend, however steady to higher undertones were noticed on a lower quality offering. Quality this week was mostly plain and offered in small packages or as singles. A large portion of todays sale was offered as singles making putting together loads difficult for buyers. Many blemished calves or cutback calves off video sales were seen today. Demand was mostly moderate to good for light offerings. A small to moderate size crowd was on hand for todays sale. Market activity was moderate to active. 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 unevenly steady, with high quality cows selling higher and average and poorer quality cows selling lower. Quality this week was mixed from plain to attractive. A few sets of cows which had be started on feed sold this week. Weigh up conditions were mixed this week with lots of variation noticed. 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 steady undertones were noticed. Slaughter bulls sold mostly steady. Feeding bull buyers were very aggressive in buying bulls to feed. Feeding bulls sold generally steady. Demand for young cows remains very good. Young age offerings sold mostly steady to 10.00 higher with higher prices seen on light weight offerings which had recently lost calves. Quality this week was average to attractive, and similar to last weeks offering.

Weight class

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $413.80/cwt on 51 head, down $6.62 from the prior sale (only 14 head in that comparison). That ranks 8 of 19 comparable sales and sits 7.74 against this barn's trailing median of $421.54.
Average price
$413.80
6.62 vs prior sale
51 head · 544 lb average
Value per head Derived
$2,251
Price × average weight ÷ 100
Grade differential Derived
$374
per head · Medium and Large 1 over Medium and Large 2
$61.06/cwt at this weight
vs the market
1.37
vs MT average
11.39 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1559421.062,35418thin
Medium and Large 1-2536411.402,20332
Medium and Large 2550360.001,9801thin
One grade step is worth $61.06/cwt here — about $374 a head. Across this sale the premium is widest at 500–600 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 sale51 hd
413.80
MT average2 barns · 53 hd
415.17
−1.37
National average176 barns · 15,314 hd
425.19
−11.39
This barn, trailing median19 sales
421.54
−7.74
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
BullsLow1,736199.943,47245
CowsBoner 80-85%High1,397174.612,439130
CowsBreaker 75-80%Average1,611174.132,80546
CowsLean 85-90%Low1,096154.801,69662

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)Young (2-4 yrs)1,252$4,13411
Bred Heifers3rd Stage (7-9 mo)(<2 yrs)1,215$4,0001thin

Every lot, as filed

100 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 2550–600550360.00/cwt360.00–360.001,9801
HeifersMedium and Large 2700–750709306.27/cwt302.50–310.002,1716
SteersMedium and Large 1-2Unweaned350–400378525.00/cwt525.00–525.001,9854
HeifersMedium and Large 1-2200–250247565.00/cwt565.00–565.001,3965
HeifersMedium and Large 1-2600–650608395.00/cwt395.00–395.002,4025
HeifersMedium and Large 1-2500–550527413.21/cwt412.50–430.002,17824
HeifersMedium and Large 1800–850816321.24/cwt319.00–325.002,6218
HeifersMedium and Large 1600–650611403.83/cwt397.50–405.002,46711
HeifersMedium and Large 1-2700–750741347.08/cwt347.00–347.502,5726
HeifersMedium and Large 1-2300–350336500.00/cwt500.00–500.001,6807
HeifersMedium and Large 1-2650–700670339.96/cwt327.50–355.002,2787
HeifersMedium and Large 1700–750723356.63/cwt352.50–360.002,57811
HeifersMedium and Large 1750–800772344.75/cwt344.00–345.002,6618
HeifersMedium and Large 1-2Unweaned400–450421460.00/cwt460.00–460.001,9376
HeifersMedium and Large 2600–650610367.50/cwt367.50–367.502,2421
HeifersMedium and Large 2400–450425425.58/cwt425.00–430.001,8099
HeifersMedium and Large 1-2750–800790329.55/cwt327.50–338.002,6035
HeifersMedium and Large 1-2400–450440485.00/cwt485.00–485.002,1343
BullsMedium and Large 1-2500–550530450.00/cwt450.00–450.002,3851
BullsLarge 1-21000–10501,040290.00/cwt290.00–290.003,0161
BullsLarge 11100–11501,130260.00/cwt260.00–260.002,9384
BullsMedium and Large 1-2950–1000975300.00/cwt300.00–300.002,9252
BullsMedium and Large 1-2450–500478500.00/cwt500.00–500.002,39015
BullsMedium and Large 1-2400–450445495.00/cwt495.00–495.002,2031
BullsMedium and Large 2550–600590335.00/cwt335.00–335.001,9771
SteersMedium and Large 2550–600552360.00/cwt360.00–360.001,9873
HeifersMedium and Large 1650–700672384.42/cwt360.00–391.002,58330
HeifersMedium and Large 1950–1000998299.00/cwt299.00–299.002,9843
SteersMedium and Large 2300–350308535.00/cwt535.00–535.001,6482
SteersMedium and Large 1-2800–850800350.00/cwt350.00–350.002,8001
SteersMedium and Large 1450–500486532.02/cwt530.00–532.502,58615
SteersMedium and Large 1400–450444575.00/cwt575.00–575.002,5537
HeifersMedium and Large 1550–600559421.06/cwt419.00–425.002,35418
HeifersMedium and Large 1-2550–600561405.97/cwt405.00–410.002,2778
SteersMedium and Large 1-2600–650649422.50/cwt422.50–422.502,7425
SteersMedium and Large 2350–400395525.00/cwt525.00–525.002,0746
SteersMedium and Large 2400–450444495.00/cwt495.00–495.002,1984
SteersMedium and Large 1-2550–600557442.50/cwt442.50–442.502,4653
SteersMedium and Large 1-2650–700662415.00/cwt415.00–415.002,74712
SteersMedium and Large 2450–500460470.00/cwt470.00–470.002,1621
SteersMedium and Large 1650–700665431.00/cwt431.00–431.002,8662
SteersMedium and Large 1800–850825361.00/cwt361.00–361.002,9784
SteersMedium and Large 1500–550525525.00/cwt525.00–525.002,7565
SteersMedium and Large 1-2250–300266615.00/cwt615.00–615.001,6364
BullsMedium and Large 2700–750725305.00/cwt305.00–305.002,2111
BullsLarge 11150–12001,190253.34/cwt250.00–255.003,0159
BullsMedium and Large 1-250–10098750.00/head750.00–750.007502
BullsMedium and Large 1-2350–400367575.00/cwt575.00–575.002,1106
BullsMedium and Large 1-2750–800768362.50/cwt362.50–362.502,7842
BullsMedium and Large 1-2Thin Fleshed600–650604400.00/cwt400.00–400.002,41617
CowsBreaker 75-80%1,735165.85/cwt164.00–170.002,8775
Bulls1,698168.94/cwt160.00–179.002,8695
CowsBoner 80-85%Return to Feed1,394183.73/cwt182.00–191.002,56154
CowsLean 85-90%Return to Feed1,010154.40/cwt144.00–164.501,55921
CowsLean 85-90%Return to Feed1,157180.42/cwt179.00–182.002,0875
CowsLean 85-90%Return to Feed1,125172.70/cwt167.00–177.501,94317
CowsLean 85-90%1,188128.53/cwt115.00–137.501,5278
CowsLean 85-90%1,205162.50/cwt162.50–162.501,9581
CowsBreaker 75-80%Return to Feed1,573177.27/cwt171.00–180.002,78823
CowsBoner 80-85%1,425165.17/cwt164.50–166.002,3542
CowsLean 85-90%1,173149.02/cwt144.00–159.001,7486
CowsBreaker 75-80%1,618181.45/cwt181.00–182.002,9362
CowsLean 85-90%Light Weight81090.00/cwt90.00–90.007291
CowsLean 85-90%Light Weight995105.00/cwt105.00–105.001,0451
CowsBoner 80-85%1,416159.84/cwt155.50–162.002,2638
CowsBoner 80-85%Return to Feed1,409162.63/cwt150.00–167.502,29120
CowsBoner 80-85%Return to Feed1,395174.61/cwt168.00–181.002,43643
CowsLean 85-90%1,345105.00/cwt105.00–105.001,4121
CowsBreaker 75-80%Return to Feed1,663166.17/cwt162.00–170.002,7637
CowsBreaker 75-80%Return to Feed1,521182.00/cwt182.00–182.002,7686
CowsBreaker 75-80%1,748161.84/cwt159.00–164.002,8293
CowsBoner 80-85%1,320136.20/cwt132.00–139.001,7983
CowsLean 85-90%Light Weight905132.50/cwt132.50–132.501,1991
Bulls2,080216.49/cwt216.00–217.004,5032
Bulls2,225208.00/cwt208.00–208.004,6281
Bulls2,027210.63/cwt203.00–216.004,2699
BullsLight Weight1,460177.50/cwt177.50–177.502,5921
BullsReturn to Feed1,578204.91/cwt196.00–215.003,23318
BullsReturn to Feed1,684194.44/cwt187.50–197.003,2749
Stock CowsMedium and Large 2870225.00/cwt225.00–225.001,9581
Stock CowsMedium and Large 1-21,069238.83/cwt181.00–290.002,55318
Bred CowsMedium and Large 11,2744,187.91/head4,100.00–4,300.004,18810
Bred CowsMedium and Large 1-21,0303,600.00/head3,600.00–3,600.003,6001
Stock CowsMedium and Large 11,061276.94/cwt225.00–365.002,93868
Stock CowsMedium 2805220.00/cwt220.00–220.001,7711
Stock CowsMedium 1-2834219.59/cwt200.00–255.001,8314
Stock CowsMedium and Large 1Thin Fleshed735342.50/cwt342.50–342.502,5171
Stock CowsMedium and Large 11,239202.00/cwt185.00–222.502,50318
Stock CowsMedium and Large 1-21,195178.00/cwt178.00–178.002,1271
Stock CowsMedium and Large 1-21,022243.68/cwt220.00–315.002,4906
Stock CowsMedium and Large 11,086256.14/cwt172.00–340.002,78274
Stock CowsMedium and Large 1-2Fleshy1,125250.00/cwt250.00–250.002,8131
Stock CowsMedium and Large 1Fleshy1,443187.50/cwt187.50–187.502,7063
Stock CowsMedium and Large 1Fleshy1,173249.00/cwt249.00–249.002,9218
Bred HeifersMedium and Large 11,2154,000.00/head4,000.00–4,000.004,0001
BullsLarge 1-21250–13001,265205.00/cwt205.00–205.002,5931
BullsLarge 1-21100–11501,110240.00/cwt240.00–240.002,6641
BullsMedium and Large 1900–950924317.50/cwt317.50–317.502,9344
BullsMedium and Large 2600–650618347.33/cwt335.00–365.002,1465
BullsMedium 2500–550502380.00/cwt380.00–380.001,9083

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.