Sale reports / Montana / Public Auction Yards / 2026-06-24

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Jun 24
● Final117 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
544 head
364 vs last sale 180 305 vs year ago 239 · +127.6%
Slaughter Cattle receipts
656 head
135 vs last sale 521 234 vs year ago 422 · +55.5%
Replacement Cattle receipts
529 head
268 vs last sale 261 277 vs year ago 252 · +109.9%
Also sold hereRegular saleFri Nov 7, 2025
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Reporter comment USDA

As filed

Compared to last week (6-17-26): Feeder cattle were too lightly tested last week to develop an accurate market trend, however higher undertones were noticed. Quality this week was mixed from plain to attractive, with lots of variation noticed. Most offerings were in small to moderate size packages. Demand was mostly good to very good. CME positions pushed sharply higher again today with most contracts 2.00-5.00 higher. Demand for fall and lightweight spring calves was good to very good. Offerings were mixed for weaning status but all offerings sold on very good demand. Market activity was moderate to active with a moderate crowd on hand. Internet bidding was active. Weigh up cows sold on mostly moderate to good demand. Feeding cows sold steady to firm on boning and lean cows. Breaking fleshed feeding cows sold 4.00-6.00 higher after two weeks of lower movement. Demand for grass fat cows was light to moderate, but stronger this week compared to last week and more offerings were purchased to feed compared to the last two weeks. Demand for feeding cows was very good this week with a large buyer pool noticed. Slaughter cows sold on good to very good demand as packers all showed need for cows for immediate harvest. Slaughter cows sold 2.00-4.00 higher on breaker cows, boning and lean cows sold steady to 3.00 higher in a narrow comparison. Slaughter bulls sold steady to firm. Feeding bulls sold steady to 5.00 lower. Weigh up conditions were mixed this week, with lots of variation noticed. Cow quality this week was mostly average to attractive. Demand for young cows suitable to feed or rebreed was good this week, and similar to last week. Quality was mostly average to attractive. Young cows sold mostly steady to firm in a narrow comparison.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $494.25/cwt on 40 head, down $16.45 from the prior sale. That ranks 7 of 11 comparable sales and sits +2.80 against this barn's trailing median of $491.45.
Average price
$494.25
16.45 vs prior sale
40 head · 567 lb average
Value per head Derived
$2,803
Price × average weight ÷ 100
Grade differential Derived
$435
per head · Medium and Large 1 over Medium and Large 2
$95.91/cwt at this weight
vs the market
1.86
vs MT average
+25.79 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1568500.912,84533
Medium and Large 1-2557472.462,6326thin
Medium and Large 2595405.002,4101thin
One grade step is worth $95.91/cwt here — about $435 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

11 sales
525496467438median 491.4501/0701/2803/1804/2206/24
Steers 500–600 lb: high $510.69, low $452.33, median $491.45 across 11 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 sale40 hd
494.25
MT average3 barns · 79 hd
496.10
−1.86
National average150 barns · 8,917 hd
468.46
+25.79
This barn, trailing median11 sales
491.45
+2.80
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
BullsLow1,798216.633,896114
CowsBoner 80-85%Low1,395183.102,553246
CowsBreaker 75-80%Low1,613173.132,79256
CowsLean 85-90%Low1,162169.341,96864
Dairy CowsBreaker 75-80%Low1,900140.002,6601thin
Dairy CowsBoner 80-85%Low1,375137.501,8911thin
Dairy CowsLean 85-90%Low1,155125.001,4441thin

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)1,334$3,91418
Bred Cows2nd/3rd Stage (4-9 mo)Young (2-4 yrs)1,294$3,6385
Bred Cows3rd Stage (7-9 mo)Middle Aged/Aged (>5 yrs)1,530$3,1001thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,505$3,0001thin
Bred Cows3rd Stage (7-9 mo)Aged (>8 yrs)1,350$2,8002thin
Bred Cows2nd Stage (4-6 mo)Middle Aged/Aged (>5 yrs)1,389$2,7645
Bred Cows2nd Stage (4-6 mo)Aged (>8 yrs)1,648$2,6502thin
Bred Heifers3rd Stage (7-9 mo)Young (2-4 yrs)1,033$3,7004thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,572$4,58113
Cow-Calf PairsOpenMiddle Aged/Aged (>5 yrs)1,658$4,40954
Cow-Calf PairsOpenAged (>8 yrs)1,501$4,23144
Heifer PairsOpenYoung (2-4 yrs)1,418$4,6002thin

Every lot, as filed

117 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
CowsBoner 80-85%Return to Feed1,413168.06/cwt155.00–176.002,37529
Bulls1,587200.75/cwt187.00–210.503,18613
CowsLean 85-90%1,160142.52/cwt130.00–147.001,6537
BullsHeavy Weight2,510228.00/cwt228.00–228.005,7231
CowsBoner 80-85%1,355137.00/cwt137.00–137.001,8561
BullsLarge 11250–13001,273237.50/cwt237.50–237.503,0232
Bulls1,901218.24/cwt209.00–225.004,14937
CowsBreaker 75-80%1,623164.31/cwt161.00–167.002,6678
CowsBreaker 75-80%1,805142.50/cwt142.50–142.502,5721
CowsBreaker 75-80%1,758170.52/cwt166.00–176.002,9988
Bulls2,056230.33/cwt224.00–251.004,73633
BullsReturn to Feed1,512199.23/cwt180.00–210.003,01216
CowsBreaker 75-80%Return to Feed1,551164.91/cwt161.00–174.002,55813
Dairy CowsBoner 80-85%1,375137.50/cwt137.50–137.501,8911
CowsLean 85-90%1,128162.22/cwt160.00–164.001,8302
BullsReturn to Feed1,393213.94/cwt207.00–224.002,98014
CowsBoner 80-85%1,340168.00/cwt168.00–168.002,2511
CowsBoner 80-85%Return to Feed1,394188.72/cwt187.00–195.002,631130
CowsBreaker 75-80%1,735178.00/cwt178.00–178.003,0881
CowsLean 85-90%Return to Feed1,172181.09/cwt175.00–185.002,12221
Dairy CowsBreaker 75-80%1,900140.00/cwt140.00–140.002,6601
CowsLean 85-90%Return to Feed1,175189.40/cwt187.00–199.002,2259
CowsBoner 80-85%1,474164.18/cwt161.00–166.002,42010
CowsLean 85-90%Return to Feed1,182163.73/cwt150.00–174.001,93523
SteersMedium and Large 1500–550534525.00/cwt525.00–525.002,80411
SteersMedium and Large 1Unweaned450–500485505.00/cwt505.00–505.002,4491
HeifersMedium and Large 1850–900860331.67/cwt330.00–334.002,85212
SteersMedium and Large 1Unweaned300–350343640.00/cwt640.00–640.002,19514
HeifersMedium and Large 1750–800793357.96/cwt356.00–370.002,83917
SteersMedium and Large 1750–800785392.41/cwt390.00–394.003,08010
BullsMedium and Large 1-2550–600589410.04/cwt405.00–412.502,4159
BullsMedium and Large 1Unweaned350–400350565.00/cwt565.00–565.001,9783
BullsMedium and Large 1850–900867330.97/cwt325.00–332.502,87010
HeifersMedium and Large 1900–950913329.00/cwt329.00–329.003,0043
BullsMedium and Large 1600–650630432.50/cwt432.50–432.502,7252
BullsMedium and Large 11000–10501,035295.00/cwt295.00–295.003,0531
SteersMedium and Large 1Unweaned250–300277654.73/cwt640.00–665.001,8143
Cow-Calf PairsMedium and Large 1-21,1354,100.00/head4,100.00–4,100.004,1001
Cow-Calf PairsMedium and Large 1Broken Mouth1,4244,100.00/head4,100.00–4,100.004,10012
Cow-Calf PairsMedium and Large 11,0954,200.00/head4,200.00–4,200.004,2001
Cow-Calf PairsMedium and Large 11,5674,044.36/head4,000.00–4,050.004,0449
HeifersMedium and Large 1950–1000968308.00/cwt308.00–308.002,9819
BullsMedium and Large 1Unweaned500–550510485.00/cwt485.00–485.002,4748
Cow-Calf PairsMedium and Large 1-21,6784,400.00/head4,400.00–4,400.004,4003
Heifer PairsMedium and Large 11,4184,600.00/head4,600.00–4,600.004,6002
Cow-Calf PairsMedium and Large 11,5774,388.36/head4,200.00–4,500.004,38827
Cow-Calf PairsMedium and Large 1Broken Mouth1,5124,261.85/head4,150.00–4,350.004,26229
HeifersMedium and Large 1700–750737369.71/cwt367.50–370.502,72511
HeifersMedium and Large 1600–650619413.38/cwt401.00–417.002,55930
Bred CowsMedium and Large 1Broken Mouth1,6482,650.00/head2,650.00–2,650.002,6502
Stock CowsMedium and Large 11,044282.41/cwt215.00–328.002,94860
Bred CowsMedium and Large 11,5053,000.00/head3,000.00–3,000.003,0001
Bred CowsMedium and Large 1-2Thin Fleshed1,1952,500.00/head2,500.00–2,500.002,5001
Cow-Calf PairsMedium and Large 1-2Broken Mouth1,7084,450.00/head4,450.00–4,450.004,4503
Cow-Calf PairsMedium and Large 1-21,6394,589.78/head4,500.00–4,600.004,59010
Bred CowsMedium and Large 1-21,1923,548.05/head3,500.00–3,700.003,5484
Bred HeifersMedium and Large 1-21,0333,700.00/head3,700.00–3,700.003,7004
Bred CowsMedium and Large 1-2Broken Mouth1,5053,100.00/head3,100.00–3,100.003,1001
Bred CowsMedium and Large 1-21,5303,100.00/head3,100.00–3,100.003,1001
Bred CowsMedium and Large 11,3744,018.97/head4,000.00–4,050.004,01914
Stock CowsMedium and Large 11,161231.91/cwt190.00–305.002,69285
SteersSmall and Medium 2350–4003681,850.00/head1,850.00–1,850.001,8506
Stock CowsMedium and Large 1-2958274.00/cwt245.00–312.502,6256
Stock CowsMedium and Large 1-21,027236.45/cwt189.00–287.502,42827
Dairy CowsLean 85-90%1,155125.00/cwt125.00–125.001,4441
CowsBoner 80-85%Return to Feed1,379182.50/cwt176.00–187.002,51775
CowsLean 85-90%Light Weight850152.50/cwt152.50–152.501,2961
CowsLean 85-90%Light Weight78090.00/cwt90.00–90.007021
CowsBreaker 75-80%Return to Feed1,567186.00/cwt186.00–186.002,9158
CowsBreaker 75-80%Return to Feed1,590180.24/cwt175.00–183.502,86617
SteersLarge 1-2750–800790350.00/cwt350.00–350.002,7652
BullsLarge 1-21200–12501,217230.00/cwt230.00–230.002,7993
BullsLarge 1-21100–11501,100260.00/cwt260.00–260.002,8601
BullsLarge 11100–11501,105278.00/cwt278.00–278.003,0722
BullsLarge 11200–12501,231240.00/cwt240.00–240.002,9546
BullsLarge 11150–12001,175263.48/cwt252.50–271.003,0965
HeifersMedium 2-3500–550519275.00/cwt275.00–275.001,4279
HeifersMedium 1-2400–450448445.00/cwt445.00–445.001,9943
Stock CowsMedium 1822323.79/cwt320.00–327.502,6625
Stock CowsMedium 1-2843245.00/cwt245.00–245.002,0652
Stock CowsMedium 1980202.50/cwt202.50–202.501,9851
SteersLarge 1-2850–900870340.00/cwt340.00–340.002,9583
Bred CowsMedium and Large 11,2943,638.10/head3,500.00–3,700.003,6385
Bred CowsMedium and Large 11,3892,764.44/head2,700.00–2,800.002,7645
Stock CowsMedium and Large 11,395187.38/cwt186.00–192.002,61414
Cow-Calf PairsMedium and Large 1-21,8004,600.00/head4,600.00–4,600.004,6005
Cow-Calf PairsMedium and Large 11,8834,700.00/head4,700.00–4,700.004,70010
Cow-Calf PairsMedium and Large 11,8105,350.00/head5,350.00–5,350.005,3501
SteersMedium and Large 1-2800–850823347.00/cwt346.00–352.502,85620
SteersMedium and Large 1-2600–650645450.00/cwt450.00–450.002,9031
SteersMedium and Large 2550–600595405.00/cwt405.00–405.002,4101
SteersMedium and Large 2650–700673368.78/cwt357.50–382.502,4829
SteersMedium and Large 2850–900875332.50/cwt332.50–332.502,9091
HeifersMedium and Large 1-2550–600580394.53/cwt385.00–410.002,2885
SteersMedium and Large 1-2750–800776385.46/cwt375.00–387.502,9916
SteersMedium and Large 1-2700–750700402.50/cwt402.50–402.502,8181
HeifersMedium and Large 1-2600–650625390.00/cwt390.00–390.002,4381
SteersMedium and Large 1-2550–600557472.46/cwt435.00–480.002,6326
SteersMedium and Large 1-2650–700695417.50/cwt417.50–417.502,9023
HeifersMedium and Large 1-2900–950920310.00/cwt310.00–310.002,8523
SteersMedium and Large 1-2450–500488527.22/cwt520.00–530.002,5737
HeifersMedium and Large 1-2500–550520421.51/cwt415.00–425.002,1923
HeifersMedium and Large 1-2Full800–850812301.00/cwt301.00–301.002,4443
HeifersMedium and Large 1Unweaned450–500463470.00/cwt470.00–470.002,1763
HeifersMedium and Large 1-2650–700670365.00/cwt365.00–365.002,4461
HeifersMedium and Large 1-2750–800770344.94/cwt340.00–350.002,6562
HeifersMedium and Large 1-2700–750728361.51/cwt350.00–365.002,6329
HeifersMedium and Large 1Unweaned300–350323552.00/cwt552.00–552.001,7834
HeifersMedium and Large 1Unweaned350–400351530.00/cwt530.00–530.001,8604
SteersMedium and Large 1800–850806369.08/cwt367.00–372.502,9757
BullsMedium and Large 1-2700–750745370.00/cwt370.00–370.002,7573
BullsMedium and Large 1-2600–650604417.99/cwt410.00–420.002,52510
BullsMedium and Large 1-2650–700654400.00/cwt400.00–400.002,6165
HeifersMedium and Large 1550–600583419.86/cwt418.00–421.002,44815
SteersMedium and Large 1550–600585488.87/cwt480.00–496.002,86022
SteersMedium and Large 1650–700662445.36/cwt435.00–455.002,94865
SteersMedium and Large 1850–900881365.48/cwt356.00–367.003,22035

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.