Sale reports / Montana / Public Auction Yards / 2021-12-03

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Fri, Dec 3
● Final80 lots reportedUSDA AMS · slug 1776
Feeder Cattle receipts
3,082 head
1,166 vs last sale 1,916 448 vs year ago 3,530 · 12.7%
Slaughter Cattle receipts
33 head
232 vs last sale 265 47 vs year ago 80 · 58.8%
Replacement Cattle receipts
12 head
70 vs last sale 82 2 vs year ago 14 · 14.3%
Also sold hereRegular saleWed Aug 19, 2026
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Reporter comment USDA

As filed

Compared to two weeks ago: All yearlings were scarcely tested thus no trend is available. Steer calves under 500 lbs traded mostly 10.00-15.00 higher, with instances of higher sales noted. Steers over 500 lbs traded mostly steady to 10.00 higher. Heifers under 500 lbs traded mostly 8.00-12.00 higher, heifers over 500 lbs traded steady to 5.00 higher. Quality this week was average to very attractive. A heavy offering of weaned cattle were seen this week as todays sale featured weaned calves with a full health protocol. Most calves were weaned 45 days or more this sale, with some sets weaned 90 days or longer. Demand for cattle suitable to develop into yearlings was very good. Several load lots of cattle were on offer this sale and these offerings were met with good demand. Transportation has loosened some and demand improved on all classes as a result. Most calves had two rounds of vaccinations this sale. Price spreads were the tightest seen all fall. CME positions have inched higher since last sale as higher prices for finished cattle has helped improve all feeder contract prices. Market activity this sale was mostly active with a large buyer pool actively bidding on offerings. Weigh up cows sold on mostly moderate to good demand for light offerings. Too few cows sold to develop an accurate market trend, however higher undertones were noticed on all offerings.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $185.85/cwt on 1,553 head.
Average price
$185.85
1,553 head · 538 lb average
Value per head Derived
$1,000
Price × average weight ÷ 100
Grade differential Derived
$349
per head · Medium and Large 1 over Medium and Large 2
$34.87/cwt at this weight
vs the market
+2.39
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1539188.391,0161,317
Medium and Large 1-2507182.42925117
Medium 1580162.54942100
Medium and Large 2435153.5266719thin
One grade step is worth $34.87/cwt here — about $349 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 sale1,553 hd
185.85
MT average5 barns · 4,128 hd
183.46
+2.39
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
CowsBoner 80-85%Average1,40254.307615thin
CowsLean 85-90%Average1,19850.8360921

Every lot, as filed

80 lots · USDA AMS · Public Auction Yards Livestock Cattle Auction - Billings, MT (Fri)
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
SteersMedium and Large 1408222.15/cwt214.50–225.00906110
SteersMedium and Large 1Full662137.00/cwt137.00–137.009075
SteersMedium and Large 1Full717142.50/cwt142.50–142.501,0229
SteersMedium and Large 2436149.19/cwt135.00–172.0065010
SteersMedium and Large 1-2448209.00/cwt209.00–209.0093623
HeifersMedium and Large 1Unweaned412174.01/cwt165.00–174.5071777
SteersMedium 1546174.00/cwt174.00–174.0095024
SteersMedium and Large 2457165.00/cwt165.00–165.007546
SteersMedium and Large 2385145.00/cwt145.00–145.005583
SteersMedium and Large 1575175.80/cwt170.00–179.751,011172
SteersMedium and Large 1-2629152.76/cwt152.00–154.009618
SteersMedium and Large 1628164.66/cwt158.00–170.001,034123
SteersMedium and Large 1367231.05/cwt229.00–233.0084847
SteersMedium and Large 1719160.71/cwt156.00–162.001,15619
SteersMedium and Large 1463212.08/cwt164.00–217.00982238
SteersMedium and Large 1528187.13/cwt185.00–194.5098875
SteersMedium and Large 1349216.00/cwt216.00–216.0075411
SteersMedium and Large 1-2383210.35/cwt207.50–214.0080618
SteersMedium 1605155.00/cwt155.00–155.0093838
SteersMedium 1559164.58/cwt159.00–166.0092034
SteersMedium and Large 1795145.00/cwt145.00–145.001,1536
SteersMedium and Large 1Unweaned303213.00/cwt213.00–213.006456
SteersMedium and Large 1-2Unweaned508171.00/cwt171.00–171.008693
SteersMedium and Large 1667163.34/cwt157.00–169.001,08996
SteersMedium and Large 1Unweaned641168.24/cwt166.00–170.501,07869
SteersMedium and Large 1Unweaned713152.50/cwt152.50–152.501,08732
SteersMedium and Large 1Unweaned566175.84/cwt170.00–179.50995151
SteersMedium and Large 1Unweaned677167.00/cwt167.00–167.001,1315
SteersMedium and Large 1Unweaned423212.42/cwt209.00–214.5089915
SteersMedium 1720148.00/cwt148.00–148.001,0664
SteersMedium and Large 1Unweaned521189.00/cwt189.00–189.0098511
SteersMedium and Large 1Unweaned396215.00/cwt215.00–215.0085113
SteersMedium and Large 1Unweaned482202.57/cwt199.00–210.0097696
SteersMedium and Large 1-2Unweaned643155.00/cwt155.00–155.009975
HeifersMedium and Large 1615141.52/cwt137.00–144.0087020
HeifersMedium and Large 1659143.32/cwt138.00–147.0094414
HeifersMedium 1440163.00/cwt163.00–163.007172
HeifersMedium and Large 1Unweaned575146.38/cwt146.00–147.0084216
BullsLarge 1619136.00/cwt136.00–136.008427
BullsLarge 1495164.00/cwt164.00–164.008125
CowsLean 85-90%1,18251.17/cwt48.00–54.0060514
CowsBoner 80-85%1,39555.50/cwt55.50–55.507741
CowsLean 85-90%1,17545.00/cwt45.00–45.005291
CowsBoner 80-85%1,40545.00/cwt45.00–45.006321
CowsBoner 80-85%Return to Feed1,37359.00/cwt59.00–59.008102
CowsLean 85-90%Return to Feed1,23851.00/cwt51.00–51.006316
CowsBoner 80-85%Return to Feed1,46553.00/cwt53.00–53.007761
Stock CowsMedium and Large 11,08367.00/cwt67.00–67.007263
Stock CowsMedium and Large 199590.00/cwt90.00–90.008961
Bred HeifersMedium and Large 1-21,0051,100.00/cwt1,100.00–1,100.0011,0555
HeifersMedium and Large 1-2377169.99/cwt165.00–172.5064117
HeifersMedium and Large 1-2503147.00/cwt147.00–147.0073915
HeifersMedium and Large 1-2760137.00/cwt137.00–137.001,0415
HeifersMedium and Large 1384183.27/cwt180.00–185.00704159
HeifersMedium and Large 1574150.17/cwt142.00–154.00862236
HeifersMedium and Large 1Fancy452178.00/cwt178.00–178.008056
HeifersMedium and Large 1-2425156.00/cwt156.00–156.0066314
HeifersMedium and Large 1-2487149.50/cwt149.50–149.5072811
HeifersMedium and Large 1-2550140.00/cwt140.00–140.007702
HeifersLarge 1577140.00/cwt140.00–140.008087
HeifersMedium and Large 1443175.45/cwt165.00–184.00777183
HeifersMedium and Large 1-2321165.00/cwt165.00–165.005309
HeifersMedium and Large 1336195.00/cwt195.00–195.006554
HeifersMedium and Large 1511152.13/cwt150.00–160.0077767
HeifersMedium and Large 1478161.82/cwt154.00–166.0077362
HeifersMedium and Large 1-2Unweaned493154.00/cwt154.00–154.007597
HeifersMedium 1-2Unweaned345125.00/cwt125.00–125.004314
HeifersMedium and Large 1718139.50/cwt139.50–139.501,00212
HeifersMedium 1545145.00/cwt145.00–145.0079032
HeifersMedium and Large 1-2Unweaned447153.00/cwt153.00–153.006843
HeifersMedium 1-2Unweaned454112.50/cwt112.50–112.505113
SteersMedium and Large 1Full628150.00/cwt150.00–150.009428
HeifersMedium and Large 1Unweaned628138.44/cwt138.00–139.5086910
HeifersMedium 1389160.00/cwt160.00–160.0062217
HeifersMedium and Large 1Unweaned536152.64/cwt150.00–154.5081837
HeifersMedium and Large 1Unweaned465165.00/cwt165.00–165.0076720
HeifersMedium and Large 1Unweaned390184.00/cwt184.00–184.0071828
SteersMedium and Large 1-2535172.85/cwt170.00–175.0092549
SteersMedium and Large 1-2559160.90/cwt160.00–162.0089911
HeifersMedium and Large 1Replacement546165.75/cwt165.75–165.75905112

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.