Sale reports / Montana / Public Auction Yards / 2025-10-17

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Fri, Oct 17
● Final89 lots reportedUSDA AMS · slug 1776
Feeder Cattle receipts
2,023 head
314 vs last sale 1,709 424 vs year ago 1,599 · +26.5%
Slaughter Cattle receipts
245 head
80 vs last sale 165 137 vs year ago 108 · +126.9%
Replacement Cattle receipts
72 head
32 vs last sale 40 37 vs year ago 35 · +105.7%
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. Steer calves under 550 lbs sold mostly steady to 10.00 higher, while steer calves over 550 lbs sold mostly 5.00-10.00 lower. Heifer calves all sold steady to 5.00 higher. Demand was moderate to good for all calves on offer. While prices were higher than last week on most classes demand was uneven as limit lower CME feeder cattle positions pressured the feeder cattle market. Buyers showed caution as they bid on offerings today. Calf quality this sale was mixed from plain to very attractive. High quality calves sold on very good demand. Light weight calves suitable to develop into yearlings continue to sell on very good demand. Calves were mostly offered in small to moderate size packages. No load lots were seen this sale, however several partial loads were seen. Market activity was mostly moderate to active with a good mix of order buyers, and active internet bidding. Weigh up cows and bulls sold on good to very good demand. Demand for feeding cows remains very good. Some private buyers continue to buy cows away from slaughter buyers this sale. Demand was light to moderate for slaughter cows and good to very good for feeding cows. Slaughter cows were too lightly tested to develop any market trend. Feeding cows sold mostly 3.00-5.00 higher on all offerings compared to last Fridays sale. Weigh up conditions were average to below average. Several sets of cows were very full this sale. 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 $457.65/cwt on 348 head. That ranks 1 of 1 comparable sales and sits 46.24 against this barn's trailing median of $503.89.
Average price
$457.65
348 head · 553 lb average
Value per head Derived
$2,532
Price × average weight ÷ 100
Grade differential Derived
$210
per head · Medium 1 over Large 1
$64.00/cwt at this weight
vs the market
17.29
vs MT average
11.39 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1515480.002,4723thin
Medium and Large 1554463.882,571280
Medium and Large 1-2553433.902,39950
Large 1544416.002,26215thin
One grade step is worth $64.00/cwt here — about $210 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 sale348 hd
457.65
MT average4 barns · 1,862 hd
474.94
−17.29
National average176 barns · 29,227 hd
469.04
−11.39
This barn, trailing median1 sales
503.89
−46.24
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
BullsHigh1,857182.073,3816thin
CowsBreaker 75-80%Average1,633173.652,83625
CowsBoner 80-85%Low1,427173.382,474110
CowsLean 85-90%Average1,214154.561,87798

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)1,138$3,6253thin
Bred Cows1st/2nd Stage (1-6 mo)Young/Middle Aged (2-8 yrs)1,140$3,30013

Every lot, as filed

89 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
HeifersMedium and Large 1Unweaned400–450432501.27/cwt485.00–517.502,16592
SteersMedium and Large 1Unweaned300–350318688.62/cwt680.00–690.002,19015
HeifersMedium and Large 1-2Unweaned250–300283590.00/cwt590.00–590.001,6703
HeifersMedium and Large 1-2Unweaned500–550519389.97/cwt385.00–412.502,02440
SteersMedium and Large 1-2Unweaned400–450431534.54/cwt475.00–560.002,30419
HeifersMedium and Large 1Unweaned250–300284680.00/cwt680.00–680.001,9314
HeifersMedium and Large 1-2Unweaned400–450422460.50/cwt455.00–465.001,94317
SteersMedium and Large 1-2Unweaned650–700671381.60/cwt380.00–384.002,56110
HeifersMedium and Large 1-2Unweaned950–1000980293.00/cwt293.00–293.002,8711
SteersMedium and Large 1Unweaned500–550517493.55/cwt475.00–515.002,55274
SteersMedium and Large 1-2700–750725367.00/cwt367.00–367.002,66111
SteersMedium and Large 1Unweaned650–700673397.42/cwt397.00–400.002,67521
SteersMedium and Large 1-2Unweaned600–650631399.00/cwt399.00–399.002,5185
HeifersMedium and Large 1Unweaned700–750731302.00/cwt302.00–302.002,2085
HeifersMedium and Large 1Unweaned350–400371548.88/cwt531.00–585.002,03618
HeifersMedium and Large 1-2Unweaned350–400381487.46/cwt445.00–507.501,85736
SteersMedium and Large 1-2Unweaned250–300293690.00/cwt690.00–690.002,0222
BullsMedium and Large 1Unweaned550–600578390.00/cwt390.00–390.002,2542
SteersMedium and Large 1Unweaned700–750729384.61/cwt373.00–401.002,80471
SteersMedium and Large 1Unweaned450–500469542.02/cwt502.50–587.502,542123
SteersMedium and Large 1Unweaned600–650621424.04/cwt416.00–431.002,633168
BullsMedium and Large 1Unweaned600–650608390.00/cwt390.00–390.002,3712
SteersMedium and Large 1Unweaned550–600568454.74/cwt428.00–472.002,583197
SteersMedium and Large 1Unweaned400–450421569.20/cwt550.00–585.002,39639
HeifersMedium and Large 1Unweaned500–550521443.44/cwt422.00–470.002,31099
HeifersMedium and Large 1Unweaned450–500481472.02/cwt470.00–480.002,27031
SteersMedium and Large 1Unweaned350–400368613.00/cwt600.00–622.502,25611
Bred CowsMedium and Large 11,1383,625.00/head3,625.00–3,625.003,6253
HeifersMedium and Large 1Replacement500–550512479.50/cwt479.50–479.502,45592
HeifersMedium and Large 1Unweaned600–650609386.44/cwt373.00–391.002,35342
HeifersMedium and Large 1Full550–600552365.00/cwt365.00–365.002,01511
BullsMedium and Large 1Unweaned350–400393570.00/cwt570.00–570.002,24011
HeifersMedium and Large 1Unweaned650–700675353.02/cwt330.00–365.002,3836
HeifersMedium and Large 1Unweaned550–600571399.73/cwt380.00–431.002,28287
HeifersMedium and Large 1Full600–650642361.00/cwt361.00–361.002,31815
HeifersMedium and Large 1Full450–500463405.00/cwt405.00–405.001,8755
SteersMedium and Large 1Full550–600556420.00/cwt420.00–420.002,3359
SteersMedium and Large 1Full950–1000979320.00/cwt320.00–320.003,13318
CowsBreaker 75-80%Return to Feed1,581177.56/cwt175.00–178.002,80715
CowsBreaker 75-80%1,726168.24/cwt166.50–169.502,9044
CowsLean 85-90%Return to Feed1,254170.66/cwt168.00–178.002,14058
CowsLean 85-90%Light Weight975100.00/cwt100.00–100.009751
CowsLean 85-90%Light Weight935120.00/cwt120.00–120.001,1221
CowsLean 85-90%1,139115.51/cwt112.00–120.001,31611
Bulls2,105200.47/cwt200.00–201.004,2202
Bulls1,650183.00/cwt183.00–183.003,0201
CowsLean 85-90%1,095103.26/cwt102.50–107.501,13110
CowsBreaker 75-80%Return to Feed1,625164.50/cwt164.00–165.002,6732
CowsBreaker 75-80%1,725164.00/cwt164.00–164.002,8292
CowsBoner 80-85%Return to Feed1,381162.46/cwt143.00–166.002,24411
BullsReturn to Feed1,535169.00/cwt169.00–169.002,5941
Bulls1,873169.73/cwt163.00–176.003,1792
CowsBreaker 75-80%1,755174.00/cwt174.00–174.003,0542
CowsLean 85-90%Return to Feed1,227160.34/cwt127.00–168.001,96717
CowsBoner 80-85%Return to Feed1,457182.96/cwt180.00–186.002,66624
CowsBoner 80-85%Return to Feed1,418175.07/cwt168.00–180.002,48268
SteersLarge 1Unweaned550–600595400.00/cwt400.00–400.002,3803
SteersLarge 1Unweaned350–400360540.00/cwt540.00–540.001,9442
HeifersLarge 1Unweaned450–500476335.00/cwt335.00–335.001,59511
SteersLarge 1Unweaned700–750703373.00/cwt373.00–373.002,62212
CowsBoner 80-85%1,415140.00/cwt140.00–140.001,9811
CowsBoner 80-85%1,493141.51/cwt124.00–164.002,1136
SteersMedium 1Unweaned500–550515480.00/cwt480.00–480.002,4723
SteersLarge 1Unweaned600–650636382.03/cwt380.00–388.002,43030
HeifersLarge 1Unweaned650–700685326.00/cwt326.00–326.002,2335
HeifersLarge 1Unweaned550–600588346.00/cwt346.00–346.002,03436
HeifersMedium and Large 1-2Unweaned450–500478413.52/cwt395.00–420.001,97743
SteersMedium and Large 1-2Unweaned550–600558423.93/cwt417.00–429.002,36637
HeifersMedium and Large 1-2950–1000970293.00/cwt293.00–293.002,8423
HeifersMedium and Large 1-2700–750747343.00/cwt343.00–343.002,5625
SteersMedium and Large 1-2Unweaned350–400384567.26/cwt537.50–572.002,17833
SteersMedium and Large 1-2Unweaned500–550538462.29/cwt450.00–470.002,48713
HeifersMedium and Large 2Unweaned250–300275400.00/cwt400.00–400.001,1002
HeifersMedium and Large 1-2Unweaned600–650638358.00/cwt358.00–358.002,2842
SteersMedium and Large 1-2Unweaned450–500461471.75/cwt450.00–510.002,1759
Stock CowsMedium and Large 1982301.40/cwt245.00–317.502,96013
Stock CowsMedium and Large 1-2908251.43/cwt212.50–272.002,2834
Stock CowsMedium and Large 1-21,088221.68/cwt202.50–256.002,4125
Stock CowsMedium and Large 11,095262.75/cwt187.00–299.002,87712
HeifersMedium and Large 1-2Unweaned300–350336534.18/cwt517.50–560.001,79531
SteersMedium and Large 1-2Unweaned150–200197750.00/cwt750.00–750.001,4783
HeifersMedium 1-2700–750719340.00/cwt340.00–340.002,44510
HeifersMedium 1-2650–700663340.00/cwt340.00–340.002,2542
HeifersMedium 2550–600570347.50/cwt347.50–347.501,98112
HeifersMedium 2600–650613342.50/cwt342.50–342.502,1006
Bred CowsMedium and Large 11,1403,300.00/head3,300.00–3,300.003,30013
Stock CowsMedium and Large 1Thin Fleshed1,203185.00/cwt185.00–185.002,2268
SteersLarge 1Unweaned750–800796340.00/cwt340.00–340.002,7065
SteersLarge 1Unweaned500–550531420.00/cwt420.00–420.002,23012

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.