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

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Fri, Oct 10
● Final87 lots reportedUSDA AMS · slug 1776
Feeder Cattle receipts
1,709 head
46 vs last sale 1,663 1,284 vs year ago 2,993 · 42.9%
Slaughter Cattle receipts
165 head
119 vs last sale 46 101 vs year ago 64 · +157.8%
Replacement Cattle receipts
40 head
17 vs last sale 23 35 vs year ago 5 · +700.0%
Also sold hereRegular saleWed Aug 19, 2026
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Reporter comment USDA

As filed

Compared to last week: Yearling cattle were all too lightly tested to develop any market trend. Yearling quality was mostly plain to average. Most yearlings were cut backs off summer video sales. Despite a lower quality offering demand remains very good. Steer calves under 550 lbs sold mostly 15.00-20.00 higher, while steer calves over 550 lbs sold 5.00-10.00 higher. Heifer calves under 550 lbs sold mostly 5.00-15.00 higher. Heifer calves over 550 lbs were too lightly tested to develop an accurate market trend, however higher undertones were noticed. Demand was good to very good for all calves on offer. Quality this week was mostly average to very attractive for calves. Heavyweight calves were more attractive than lightweight calves this sale. Calves were mostly offered in small to moderate size packages. No load lots were seen this sale. Heifer demand was slightly uneven compared to steer demand. 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 buyers. Weigh up cows and bulls were too lightly tested to develop an accurate market trend, however steady undertones were noticed on feeding cows, slaughter cows and slaughter bulls. Demand was mostly moderate for light offerings. Weigh up conditions were mostly below average as many cows were very full. Cow and bull quality today was mostly average.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $463.91/cwt on 373 head. That ranks 1 of 1 comparable sales and sits 39.98 against this barn's trailing median of $503.89.
Average price
$463.91
373 head · 544 lb average
Value per head Derived
$2,526
Price × average weight ÷ 100
Grade differential Derived
$128
per head · Medium and Large 1 over Medium and Large 1-2
$30.46/cwt at this weight
vs the market
2.37
vs MT average
+18.06 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1544468.572,550312
Medium 1514450.002,31310thin
Medium and Large 1-2553438.112,42151
One grade step is worth $30.46/cwt here — about $128 a head. Across this sale the premium is widest at 300–400 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 sale373 hd
463.91
MT average4 barns · 2,047 hd
466.28
−2.37
National average181 barns · 23,254 hd
445.85
+18.06
This barn, trailing median1 sales
503.89
−39.98
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
BullsLow1,766182.453,22222
CowsBoner 80-85%Average1,420170.462,42175
CowsBreaker 75-80%Average1,665163.002,7142thin
CowsLean 85-90%Low1,213154.871,87962

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/2nd Stage (1-6 mo)Young (2-4 yrs)1,080$3,5501thin

Every lot, as filed

87 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 1-2Unweaned500–550530449.71/cwt420.00–460.002,38330
SteersMedium and Large 1-2Unweaned600–650618412.75/cwt392.00–427.002,55150
HeifersMedium and Large 1-2Unweaned450–500464427.65/cwt424.00–430.001,9849
SteersMedium and Large 1-2Unweaned250–300270740.00/cwt740.00–740.001,9986
SteersMedium and Large 1Unweaned700–750728391.19/cwt380.00–396.002,84821
SteersMedium and Large 1Unweaned450–500489512.03/cwt500.00–525.002,50464
HeifersMedium and Large 1Unweaned250–300260650.00/cwt650.00–650.001,6901
HeifersMedium and Large 1-2900–950920315.00/cwt315.00–315.002,8982
HeifersMedium and Large 1-2Unweaned350–400397470.00/cwt470.00–470.001,8663
SteersMedium and Large 1Unweaned350–400380615.00/cwt615.00–615.002,3371
SteersMedium and Large 1Unweaned550–600568447.27/cwt428.00–464.002,540160
BullsMedium and Large 1Unweaned550–600561422.50/cwt422.50–422.502,3709
BullsMedium and Large 1Unweaned650–700666376.63/cwt370.00–380.002,5086
SteersMedium and Large 1-2Unweaned450–500472491.27/cwt475.00–520.002,31936
SteersMedium and Large 1Unweaned650–700675416.54/cwt387.00–426.002,81257
HeifersMedium and Large 1Unweaned500–550520443.50/cwt420.00–459.002,306130
HeifersMedium and Large 1Unweaned650–700651350.00/cwt350.00–350.002,2794
HeifersMedium and Large 1350–400366532.50/cwt532.50–532.501,9494
BullsMedium and Large 1Unweaned600–650615390.00/cwt390.00–390.002,3992
HeifersMedium and Large 1Unweaned450–500481465.38/cwt432.50–490.002,23853
SteersMedium and Large 1Unweaned500–550519491.00/cwt466.00–508.502,548152
HeifersMedium and Large 1Unweaned300–350323603.27/cwt560.00–610.001,9499
BullsMedium and Large 1Unweaned400–450425515.00/cwt515.00–515.002,1891
HeifersMedium and Large 1Replacement550–600563425.00/cwt425.00–425.002,39320
HeifersMedium and Large 1Unweaned550–600595393.41/cwt383.00–422.502,34139
HeifersMedium and Large 1Unweaned600–650618372.59/cwt354.00–392.002,30322
HeifersMedium and Large 1Unweaned350–400369547.63/cwt545.00–550.002,02111
HeifersMedium and Large 1Unweaned400–450426500.93/cwt462.00–530.002,13445
HeifersMedium and Large 1450–500468432.50/cwt432.50–432.502,02412
HeifersMedium and Large 1950–1000966317.00/cwt317.00–317.003,0629
BullsMedium and Large 1800–850825355.00/cwt355.00–355.002,9292
SteersMedium and Large 1Unweaned750–800753386.00/cwt386.00–386.002,9079
HeifersMedium and Large 1850–900868334.00/cwt334.00–334.002,8994
HeifersMedium and Large 1650–700668383.50/cwt383.50–383.502,56246
HeifersMedium and Large 1Full500–550548407.50/cwt407.50–407.502,23313
HeifersMedium and Large 1Fancy500–550500464.00/cwt464.00–464.002,32014
SteersMedium and Large 1650–700655417.50/cwt417.50–417.502,73510
CowsBoner 80-85%Return to Feed1,414166.89/cwt163.00–172.002,36034
CowsLean 85-90%Return to Feed1,193150.26/cwt143.00–157.001,79324
Bulls1,671169.59/cwt162.00–180.002,8347
CowsBreaker 75-80%1,710165.00/cwt165.00–165.002,8221
CowsBoner 80-85%Return to Feed1,410156.60/cwt141.00–161.502,20810
BullsReturn to Feed1,445176.64/cwt171.00–185.002,5522
CowsBoner 80-85%Return to Feed1,431178.85/cwt175.00–185.002,55931
Bulls1,825200.00/cwt200.00–200.003,6501
Bulls2,054190.36/cwt184.00–196.003,9104
CowsLean 85-90%Return to Feed1,249167.04/cwt164.00–171.002,08630
CowsLean 85-90%1,138123.10/cwt110.00–131.001,4018
BullsReturn to Feed1,778189.00/cwt189.00–189.003,3608
SteersLarge 1Unweaned600–650632417.00/cwt417.00–417.002,6353
HeifersLarge 1Unweaned550–600576379.00/cwt379.00–379.002,1834
HeifersLarge 1Unweaned450–500451390.00/cwt390.00–390.001,7594
HeifersLarge 11050–11001,069299.00/cwt299.00–299.003,1967
HeifersLarge 1550–600552381.00/cwt381.00–381.002,1033
CowsBreaker 75-80%Return to Feed1,620161.00/cwt161.00–161.002,6081
SteersMedium 1Unweaned500–550514450.00/cwt450.00–450.002,31310
HeifersMedium 1Unweaned500–550538397.00/cwt397.00–397.002,1366
SteersMedium 1Unweaned600–650639395.00/cwt395.00–395.002,52413
HeifersMedium 1550–600580383.00/cwt383.00–383.002,22116
SteersLarge 1Unweaned700–750713367.50/cwt367.50–367.502,6202
HeifersLarge 1Unweaned700–750705340.00/cwt340.00–340.002,3971
Stock CowsMedium and Large 11,176219.82/cwt185.00–265.002,58510
Stock CowsMedium and Large 1-21,067196.39/cwt173.00–225.002,0957
Stock CowsMedium and Large 1-21,046220.26/cwt206.00–255.002,3044
Stock CowsMedium and Large 11,000276.45/cwt220.00–325.002,76510
HeifersMedium 2Unweaned300–350323360.00/cwt360.00–360.001,1634
SteersMedium 2350–400398320.00/cwt320.00–320.001,2748
SteersMedium and Large 1-2Unweaned400–450434517.48/cwt490.00–540.002,24630
SteersMedium and Large 1-2800–850831352.00/cwt352.00–352.002,9254
SteersMedium and Large 1-2350–400360560.00/cwt560.00–560.002,0162
SteersMedium and Large 2Unweaned400–450447430.00/cwt430.00–430.001,9223
Stock CowsMedium and Large 11,200188.00/cwt188.00–188.002,2562
Bred CowsMedium and Large 11,0803,550.00/head3,550.00–3,550.003,5501
HeifersMedium and Large 1-2Unweaned500–550519407.39/cwt392.50–415.002,11419
SteersMedium and Large 1-2Unweaned700–750715378.00/cwt378.00–378.002,7032
SteersMedium and Large 1-2Unweaned550–600585421.55/cwt415.00–425.002,46621
HeifersMedium and Large 1-2Unweaned150–200197640.00/cwt640.00–640.001,2613
HeifersMedium and Large 1-2Unweaned550–600567374.38/cwt362.50–390.002,12311
HeifersMedium and Large 2Unweaned450–500465390.00/cwt390.00–390.001,81410
SteersMedium and Large 1Unweaned250–300268770.00/cwt770.00–770.002,0646
SteersMedium and Large 1Unweaned400–450410556.88/cwt540.00–580.002,28333
HeifersMedium and Large 1-2850–900872325.60/cwt320.00–327.502,8394
HeifersMedium and Large 2Unweaned350–400353440.00/cwt440.00–440.001,5532
SteersMedium and Large 2Unweaned600–650622377.50/cwt370.00–385.002,3486
SteersMedium and Large 2Unweaned350–400356480.53/cwt440.00–495.001,7114
SteersMedium and Large 1Unweaned600–650621432.88/cwt422.00–442.002,688183
SteersMedium and Large 1Unweaned200–250205800.00/cwt800.00–800.001,6401

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.