Sale reports / Montana / Public Auction Yards / 2022-11-11

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Fri, Nov 11
● Final62 lots reportedUSDA AMS · slug 1776
Feeder Cattle receipts
3,181 head
384 vs last sale 2,797 938 vs year ago 4,119 · 22.8%
Slaughter Cattle receipts
112 head
149 vs last sale 261 122 vs year ago 234 · 52.1%
Replacement Cattle receipts
10 head
91 vs last sale 101 147 vs year ago 157 · 93.6%
Also sold hereRegular saleWed Aug 19, 2026
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Reporter comment USDA

As filed

Compared to last week: Steer calves under 450 lbs traded steady to 10.00 lower in a narrow comparison, steer calves over 450 lbs traded steady to 3.00 higher. Heifer calves under 500 lbs sold mostly 5.00-8.00 higher, heifers over 500 lbs sold steady to 3.00 higher. Demand was mostly moderate to good for moderate to heavy offerings. Quality today was average to very attractive, and even better than last weeks offering. Many sets of fresh calves, straight off the cow, were seen today. Demand for light weight cattle suitable to develop into yearlings remains very good, however after buyers filled loads the price for this class of claves lightened. This was more apparent on steers than heifers. Unweaned calves with both spring and fall preconditioning shots sold with the best demand. Fully preconditioned calves could sell with as much as a $5.00 premium to calves with with only spring shots. Calves weaned 45 days or longer sold on moderate to good demand today. Many sets of weaned calves were weaned 45 days up to 60 days. Demand for short weaned calves remains light especially if calves were rough haired and carrying some belly or excess fill. Market activity was mostly active today. A good crowd of buyers was on hand as both farmer feeders and order buyers were both active in filling loads. Weigh up cows sold on mostly light to moderate demand for very light offerings. Both slaughter and feeding cows sold with steady undertones in a very narrow comparison. Cow quality was mostly plain to average today. Weigh up conditions were average to below average today with many cows carrying excess fill. Slaughter bulls were too lightly tested to develop any trend. Young age cows suitable to feed or rebreed were too lightly tested to trend.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $202.47/cwt on 1,729 head.
Average price
$202.47
1,729 head · 582 lb average
Value per head Derived
$1,179
Price × average weight ÷ 100
Grade differential Derived
−$150
per head · Medium and Large 1-2 over Large 1
$41.42/cwt at this weight
vs the market
0.40
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2507210.921,07050
Medium and Large 1582202.881,1801,646
Large 1720169.501,22033
One grade step is worth $41.42/cwt here — about −$150 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 sale1,729 hd
202.47
MT average5 barns · 4,061 hd
202.88
−0.40
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
BullsLow1,66281.101,3485thin
CowsBreaker 75-80%Low1,51178.641,1887thin
CowsBoner 80-85%Low1,41266.3493728
CowsLean 85-90%Low1,23056.5569554

Every lot, as filed

62 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 1734176.29/cwt174.00–181.001,29462
HeifersMedium and Large 1-2Unweaned377210.00/cwt210.00–210.0079214
SteersMedium and Large 1-2635169.01/cwt168.00–169.501,0739
SteersMedium and Large 1687184.00/cwt184.00–184.001,26442
SteersMedium and Large 1592191.88/cwt191.00–195.001,13638
SteersMedium and Large 1Full744169.00/cwt169.00–169.001,2578
SteersMedium and Large 1Fancy558209.25/cwt209.25–209.251,168120
SteersMedium and Large 1-2Unweaned538189.00/cwt189.00–189.001,01710
SteersMedium and Large 1Unweaned416256.11/cwt243.00–267.001,06532
SteersMedium and Large 1513207.02/cwt202.00–210.501,06222
SteersMedium and Large 1814181.00/cwt181.00–181.001,4736
SteersMedium and Large 1Unweaned475230.57/cwt223.00–257.501,095262
SteersMedium and Large 1622186.98/cwt181.50–194.001,16386
SteersMedium and Large 1Unweaned671181.54/cwt172.00–187.001,218151
SteersMedium and Large 1Unweaned582196.56/cwt189.50–203.001,144235
SteersMedium and Large 1Unweaned719174.66/cwt173.00–181.001,25650
SteersMedium and Large 1Unweaned384268.14/cwt250.00–285.001,03049
SteersMedium and Large 1-2750157.00/cwt157.00–157.001,1784
SteersMedium and Large 1-2Unweaned498206.00/cwt206.00–206.001,0262
SteersMedium and Large 1-2Unweaned381255.42/cwt247.00–277.5097321
SteersLarge 1Unweaned720169.50/cwt169.50–169.501,22033
SteersMedium and Large 1-2Unweaned568182.80/cwt181.00–188.001,0384
SteersMedium and Large 1Unweaned313286.48/cwt280.00–287.508978
SteersMedium and Large 1Unweaned626191.51/cwt182.00–195.001,199262
SteersMedium and Large 1Unweaned533206.68/cwt195.00–214.001,102172
HeifersMedium and Large 1Unweaned479201.79/cwt187.50–214.50967165
HeifersMedium and Large 1Unweaned433215.41/cwt207.00–221.00933106
HeifersLarge 1583165.00/cwt165.00–165.0096215
HeifersMedium and Large 1Fancy520194.10/cwt192.50–194.501,00963
BullsMedium and Large 1Unweaned535189.00/cwt189.00–189.001,01111
BullsMedium and Large 1Unweaned573170.50/cwt170.50–170.5097710
CowsLean 85-90%1,25653.91/cwt48.00–57.0067732
CowsBoner 80-85%1,43556.00/cwt56.00–56.008041
CowsBreaker 75-80%Return to Feed1,47378.50/cwt78.50–78.501,1565
CowsBoner 80-85%Return to Feed1,42560.10/cwt59.00–65.0085616
CowsBoner 80-85%Return to Feed1,39176.36/cwt74.00–79.001,06211
CowsLean 85-90%Return to Feed1,23363.60/cwt60.50–66.5078413
CowsLean 85-90%1,08145.71/cwt45.00–46.004944
CowsBreaker 75-80%1,60579.00/cwt79.00–79.001,2682
CowsLean 85-90%Light Weight99047.00/cwt47.00–47.004651
CowsLean 85-90%Return to Feed1,17055.00/cwt55.00–55.006441
CowsLean 85-90%Return to Feed1,23072.40/cwt71.00–74.008913
Bulls1,73377.17/cwt72.00–86.001,3373
Bulls1,75592.00/cwt92.00–92.001,6151
BullsReturn to Feed1,35582.00/cwt82.00–82.001,1111
Stock CowsMedium and Large 11,10371.58/cwt71.00–75.007907
Stock CowsMedium and Large 1933101.91/cwt95.00–109.009512
HeifersMedium and Large 1-2495183.50/cwt183.50–183.509082
HeifersMedium and Large 1596178.50/cwt178.50–178.501,06440
HeifersMedium and Large 1480188.78/cwt188.50–189.0090616
HeifersMedium and Large 1530186.27/cwt183.00–188.0098768
HeifersMedium and Large 1Unweaned621176.62/cwt171.00–179.001,09769
HeifersMedium and Large 1-2Unweaned614165.00/cwt165.00–165.001,01315
HeifersMedium and Large 1Unweaned531185.63/cwt177.50–188.50986189
HeifersMedium and Large 1-2Unweaned443194.00/cwt194.00–194.0085932
HeifersMedium and Large 1-2Unweaned465171.13/cwt160.00–175.007964
HeifersMedium and Large 1Unweaned371219.76/cwt212.50–229.0081535
SteersMedium and Large 1Fancy713188.00/cwt188.00–188.001,34041
HeifersMedium and Large 1-2Unweaned570167.00/cwt167.00–167.009525
HeifersMedium 1Unweaned449207.00/cwt207.00–207.0092915
HeifersMedium and Large 1Unweaned583179.39/cwt170.50–186.001,046228
HeifersMedium and Large 1Unweaned317240.00/cwt240.00–240.007618

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.