Sale reports / Montana / Public Auction Yards / 2022-10-21

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Fri, Oct 21
● Final67 lots reportedUSDA AMS · slug 1776
Feeder Cattle receipts
2,098 head
407 vs last sale 2,505 3,206 vs year ago 5,304 · 60.4%
Slaughter Cattle receipts
223 head
33 vs last sale 190 49 vs year ago 272 · 18.0%
Replacement Cattle receipts
118 head
80 vs last sale 38 38 vs year ago 80 · +47.5%
Also sold hereRegular saleWed Aug 19, 2026
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Reporter comment USDA

As filed

Compared to last week: Steer calves under 550 lbs sold mostly 10.00-15.00 higher, steer calves over 550 lbs sold mostly steady to 3.00 higher. Heifers under 450 lbs sold generally steady, heifer calves over 450 lbs sold 4.00-6.00 higher. Yearlings of both sexes were too lightly tested to develop any market trend. Demand today was mostly moderate to good for moderate offerings. Quality today was mostly attractive. Todays sale featured preconditioned calves and the majority of calves had both spring and preconditioning shots. The best demand remains for cattle suitable to develop into yearlings, and buyers purchased steers up to 575 lbs and heifers up to 525 lbs for that purpose. The cattle on feed report added some fuel to todays market as it showed cattle on feed down 1%, placements down 1% and cattle marketed up 1% from last year. Market activity was mostly active this sale as a good crowd of buyers was on hand rapidly bidding on offerings. Weigh up cows sold on light to moderate demand for light offerings. Weigh up conditions were mostly below average this sale as many cows were pushing heavy amounts of fill. Slaughter cows sold mostly 2.00-5.00 lower on boning and lean cows. Breaking cows sold generally steady to weak. Slaughter bulls were too lightly tested to develop any market trend. Young age cows suitable to feed or rebreed were too lightly tested last sale to develop an accurate market trend, however higher undertones were noticed.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $200.77/cwt on 974 head.
Average price
$200.77
974 head · 566 lb average
Value per head Derived
$1,136
Price × average weight ÷ 100
Grade differential Derived
$89
per head · Medium and Large 1 over Large 1
$10.89/cwt at this weight
vs the market
4.25
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1568200.891,141918
Medium and Large 1-2528199.991,05750
Large 1554190.001,0526thin
One grade step is worth $10.89/cwt here — about $89 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 sale974 hd
200.77
MT average5 barns · 3,731 hd
205.03
−4.25
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
BullsLow1,64284.091,3813thin
CowsBreaker 75-80%Low1,55474.731,16113
CowsBoner 80-85%Low1,40362.8288166
CowsLean 85-90%Average1,20756.85686141

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)1,118$1,1756
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,326$1,15022
Bred Cows2nd Stage (4-6 mo)Middle Aged/Aged (>5 yrs)1,236$1,06018

Every lot, as filed

67 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 1-2Unweaned548185.50/cwt185.50–185.501,0176
HeifersMedium and Large 1Unweaned560178.61/cwt167.00–185.751,000103
HeifersMedium and Large 1-2Unweaned339200.28/cwt191.00–206.0067910
SteersMedium and Large 1625190.50/cwt190.50–190.501,19117
HeifersMedium and Large 1Unweaned622170.44/cwt164.00–172.501,06042
HeifersMedium 1Unweaned577156.46/cwt145.00–162.5090324
HeifersMedium and Large 1Unweaned286225.00/cwt225.00–225.006445
HeifersMedium and Large 1-2Unweaned541171.00/cwt171.00–171.009257
HeifersMedium and Large 1Unweaned524179.52/cwt170.00–186.00941196
SteersMedium and Large 1-2Unweaned481203.27/cwt197.00–211.5097830
SteersMedium and Large 1721171.38/cwt171.00–172.001,23613
SteersMedium and Large 1Unweaned740176.81/cwt173.00–178.501,30816
SteersMedium and Large 1-2939159.72/cwt158.50–166.001,5006
SteersMedium and Large 1891179.00/cwt179.00–179.001,5959
SteersMedium and Large 1-2Unweaned346245.00/cwt245.00–245.008484
SteersMedium and Large 1Unweaned618188.71/cwt175.00–194.001,166181
SteersMedium and Large 1Unweaned572194.29/cwt185.00–201.501,111293
SteersMedium and Large 1Unweaned525210.45/cwt200.00–226.001,105213
SteersMedium and Large 1Unweaned758169.00/cwt169.00–169.001,2815
SteersMedium and Large 1Unweaned460230.92/cwt226.00–244.001,06255
SteersMedium and Large 1Unweaned663179.84/cwt174.00–182.001,19252
SteersMedium and Large 1Unweaned335261.46/cwt247.50–271.008769
SteersMedium and Large 1Unweaned387255.39/cwt248.00–260.009889
SteersMedium and Large 1-2Unweaned420212.50/cwt212.50–212.508934
SteersLarge 1Unweaned657165.00/cwt165.00–165.001,0843
SteersLarge 1Unweaned450215.00/cwt215.00–215.009683
SteersMedium and Large 1Unweaned439240.22/cwt230.00–249.001,05546
BullsMedium and Large 1Unweaned586173.88/cwt163.00–176.001,01912
BullsMedium and Large 1Unweaned390242.50/cwt242.50–242.509461
BullsMedium and Large 1Unweaned699156.00/cwt156.00–156.001,0907
BullsMedium and Large 1Unweaned702157.00/cwt157.00–157.001,1023
BullsMedium and Large 1Unweaned340233.73/cwt232.50–235.007952
BullsMedium and Large 1752166.00/cwt166.00–166.001,24832
CowsBreaker 75-80%1,57574.50/cwt70.00–76.501,17311
CowsBoner 80-85%1,40957.96/cwt56.00–63.0081735
CowsLean 85-90%1,27063.71/cwt61.50–66.0080919
CowsLean 85-90%1,10446.00/cwt46.00–46.0050823
CowsLean 85-90%Return to Feed1,26668.71/cwt65.50–72.5087015
CowsBreaker 75-80%Return to Feed1,43876.00/cwt76.00–76.001,0932
CowsLean 85-90%1,21555.69/cwt50.00–61.0067773
CowsBoner 80-85%Return to Feed1,44271.23/cwt69.50–72.001,02720
CowsBoner 80-85%Return to Feed1,31363.00/cwt63.00–63.0082711
CowsLean 85-90%Return to Feed1,20959.66/cwt52.00–61.5072110
CowsLean 85-90%Light Weight88055.00/cwt55.00–55.004841
Bulls1,82390.14/cwt87.00–93.001,6432
BullsReturn to Feed1,28072.00/cwt72.00–72.009221
Stock CowsMedium and Large 1-21,03570.00/cwt70.00–70.007251
Bred CowsMedium and Large 11,3261,150.00/head1,150.00–1,150.001,15022
Bred CowsMedium and Large 11,2361,060.00/head1,060.00–1,060.001,06018
Bred CowsMedium and Large 1-21,1181,175.00/head1,175.00–1,175.001,1756
Stock CowsMedium and Large 1964110.15/cwt91.00–125.001,06240
Stock CowsMedium and Large 11,11282.34/cwt74.00–94.0091615
HeifersMedium and Large 1Unweaned469191.93/cwt186.50–205.00900109
HeifersMedium and Large 1996150.00/cwt150.00–150.001,4944
BullsMedium and Large 1-2Unweaned564151.70/cwt151.00–154.008569
BullsMedium and Large 1Unweaned432231.35/cwt225.00–236.009999
BullsMedium and Large 1-2Unweaned326225.00/cwt225.00–225.007344
BullsMedium and Large 1Unweaned503201.00/cwt201.00–201.001,0113
HeifersMedium and Large 1Unweaned426200.79/cwt194.00–214.0085553
HeifersLarge 1Unweaned532167.00/cwt167.00–167.008883
HeifersMedium and Large 1Unweaned660164.78/cwt161.00–168.501,08824
HeifersMedium 1-2593151.00/cwt151.00–151.008956
HeifersMedium and Large 1Unweaned340212.00/cwt212.00–212.0072112
HeifersMedium and Large 1-2Unweaned438188.05/cwt185.50–191.0082417
HeifersMedium and Large 1Unweaned374214.59/cwt208.00–218.0080341
HeifersMedium and Large 1Unweaned710162.50/cwt162.50–162.501,1549
HeifersMedium 1Unweaned453155.00/cwt155.00–155.007028

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.