Sale reports / Montana / Public Auction Yards / 2025-10-03

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Fri, Oct 3
● Final67 lots reportedUSDA AMS · slug 1776
Feeder Cattle receipts
1,663 head
1,683 vs last sale 3,346 134 vs year ago 1,529 · +8.8%
Slaughter Cattle receipts
46 head
11 vs last sale 35 18 vs year ago 28 · +64.3%
Replacement Cattle receipts
23 head
22 vs last sale 45 5 vs year ago 18 · +27.8%
Also sold hereRegular saleWed Aug 19, 2026
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Reporter comment USDA

As filed

This was the first Friday feeder special of the fall run so no comparisons can be made. Demand was good for all yearlings on offer, while demand for calves was very good offerings were light. Quality this week was mostly average for yearlings and average to attractive for calves. Calves were mostly offered in small to moderate size packages. No load lots were seen this sale. Demand from order buyers buying for packers was very good as they tried to buy big calves to finish early. This helped push 600 lb and heavier cattle above heavy 5 weight cattle. Demand for light calves was very good as some farmer feeders are already buying calves to develop into yearlings. A large buyer pool was on hand for todays sale. Market activity was mostly active with a good mix of order buyers, farmer feeders and very active internet bidding. Weigh up cows and bulls were too lightly tested to develop any market trend. Demand was mostly light for very light offerings. Weigh up conditions were mostly below average as many cows were very full. Cow and bull quality today was mostly plain.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $459.67/cwt on 244 head. That ranks 1 of 1 comparable sales and sits 44.22 against this barn's trailing median of $503.89.
Average price
$459.67
244 head · 544 lb average
Value per head Derived
$2,501
Price × average weight ÷ 100
Grade differential Derived
$142
per head · Medium and Large 1 over Medium and Large 1-2
$50.63/cwt at this weight
vs the market
+8.92
vs MT average
+37.02 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1540465.902,517214
Medium and Large 1-2572415.262,37530
One grade step is worth $50.63/cwt here — about $142 a head. Across this sale the premium is widest at 400–500 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 500–600 lb

Same class and week · spot auction only
This sale244 hd
459.67
MT average4 barns · 409 hd
450.75
+8.92
National average177 barns · 15,324 hd
422.65
+37.02
This barn, trailing median1 sales
503.89
−44.22
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
BullsAverage1,955186.333,6433thin
CowsBoner 80-85%Low1,385149.962,07724
CowsLean 85-90%Average1,222131.141,60313

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 Cows1st Stage (1-3 mo)Young (2-4 yrs)1,358$3,1002thin
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,505$2,5001thin
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged/Aged (>5 yrs)1,287$2,5003thin
Bred Cows1st/2nd Stage (1-6 mo)Aged (>8 yrs)1,468$2,4542thin

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 1Unweaned550–600575441.61/cwt420.00–455.002,53946
HeifersMedium and Large 1-2950–1000955295.00/cwt295.00–295.002,8173
HeifersMedium and Large 1Unweaned300–350317542.46/cwt535.00–548.001,72027
SteersMedium and Large 1Unweaned500–550530474.08/cwt457.00–480.002,513163
SteersMedium and Large 1Unweaned650–700676418.74/cwt395.00–429.002,83187
HeifersMedium and Large 1700–750705365.00/cwt365.00–365.002,5739
BullsMedium and Large 1Unweaned500–550548422.50/cwt422.50–422.502,3159
HeifersMedium and Large 1Unweaned500–550534404.29/cwt392.50–414.002,15929
HeifersMedium and Large 1Unweaned600–650621387.80/cwt379.00–390.002,40864
HeifersMedium and Large 1Unweaned400–450410499.54/cwt487.50–502.502,04851
HeifersMedium and Large 1Unweaned450–500474439.42/cwt423.00–470.002,08373
HeifersMedium and Large 1750–800792350.25/cwt348.50–357.502,77438
SteersMedium and Large 1650–700689397.50/cwt397.50–397.502,73934
SteersMedium and Large 1Unweaned750–800753409.00/cwt409.00–409.003,08010
SteersMedium and Large 1850–900858354.00/cwt354.00–354.003,0374
SteersMedium and Large 1Unweaned600–650633423.02/cwt403.00–439.502,678112
BullsMedium and Large 1Unweaned400–450401520.00/cwt520.00–520.002,0855
HeifersMedium and Large 1850–900871329.12/cwt326.00–336.002,86748
HeifersMedium and Large 1800–850829341.64/cwt338.00–345.002,83234
BullsMedium and Large 1Unweaned450–500490462.50/cwt462.50–462.502,26620
HeifersMedium and Large 1650–700665375.00/cwt375.00–375.002,49422
SteersMedium and Large 1Unweaned350–400366586.39/cwt565.00–640.002,14665
HeifersMedium and Large 1Full900–950922312.00/cwt312.00–312.002,87722
HeifersMedium and Large 1Full750–800767335.00/cwt335.00–335.002,5693
Bred CowsMedium and Large 1-21,5052,500.00/head2,500.00–2,500.002,5001
SteersMedium and Large 1550–600555422.50/cwt422.50–422.502,3455
HeifersMedium and Large 1900–950948314.00/cwt314.00–314.002,97712
CowsLean 85-90%Return to Feed1,280165.00/cwt165.00–165.002,1121
CowsLean 85-90%Light Weight840126.00/cwt126.00–126.001,0581
CowsLean 85-90%1,264120.78/cwt113.00–133.001,5277
CowsBoner 80-85%Return to Feed1,377152.04/cwt150.00–154.002,09410
CowsBoner 80-85%Return to Feed1,423160.15/cwt160.00–161.002,2797
CowsBoner 80-85%1,358136.79/cwt135.00–139.001,8587
Stock CowsMedium and Large 1850305.00/cwt305.00–305.002,5931
Stock CowsMedium and Large 1-21,113199.23/cwt179.00–222.502,2172
SteersLarge 1Unweaned450–500463482.00/cwt482.00–482.002,23214
CowsLean 85-90%Return to Feed1,231142.09/cwt132.00–150.001,7494
Bulls2,065189.00/cwt189.00–189.003,9031
Bulls1,900185.00/cwt185.00–185.003,5152
HeifersMedium and Large 2650–700659317.50/cwt317.50–317.502,0924
SteersMedium and Large 2Unweaned450–500456405.00/cwt405.00–405.001,8477
Bred CowsMedium and Large 1-2Broken Mouth1,4682,453.83/head2,400.00–2,500.002,4542
Bred CowsMedium and Large 1-21,2872,500.00/head2,500.00–2,500.002,5003
Stock CowsMedium and Large 11,113212.50/cwt212.50–212.502,3652
Bred CowsMedium and Large 11,3583,100.00/head3,100.00–3,100.003,1002
SteersMedium and Large 1-2Unweaned350–400359525.00/cwt525.00–525.001,88512
SteersMedium and Large 1-2Unweaned550–600577411.96/cwt410.00–417.002,37727
SteersMedium and Large 1-2Unweaned400–450427503.94/cwt480.00–525.002,15214
SteersMedium and Large 1-2Unweaned300–350314572.84/cwt555.00–585.001,79914
SteersMedium and Large 1-2Unweaned250–300287635.00/cwt635.00–635.001,82211
SteersMedium and Large 2750–800763358.00/cwt358.00–358.002,7324
HeifersMedium and Large 1-2Unweaned600–650648369.00/cwt369.00–369.002,3914
HeifersMedium and Large 1-2Unweaned300–350303495.10/cwt465.00–520.001,50024
HeifersMedium and Large 1-2Unweaned350–400381497.50/cwt497.50–497.501,8959
HeifersMedium and Large 1-2Unweaned550–600558393.00/cwt393.00–393.002,1937
HeifersMedium and Large 1-2800–850839318.50/cwt318.50–318.502,6724
HeifersMedium and Large 1-2Unweaned250–300275480.00/cwt480.00–480.001,3202
HeifersMedium and Large 1-2900–950922310.00/cwt310.00–310.002,8583
HeifersMedium and Large 1-2850–900896322.00/cwt322.00–322.002,8859
SteersMedium and Large 1-2Unweaned500–550527445.00/cwt445.00–445.002,3453
SteersMedium and Large 1-2Unweaned200–250248640.00/cwt640.00–640.001,5873
HeifersMedium and Large 1Unweaned350–400366531.56/cwt515.00–540.001,94633
SteersMedium and Large 1-2Unweaned600–650645381.50/cwt365.00–398.002,46110
SteersMedium and Large 1Unweaned400–450430536.39/cwt528.00–550.002,30664
SteersMedium and Large 1Unweaned450–500464497.99/cwt485.00–520.002,31131
SteersMedium and Large 1Unweaned700–750706404.06/cwt381.00–415.002,85316
HeifersMedium and Large 1Unweaned550–600568388.05/cwt381.00–402.002,20472

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.