Sale reports / Montana / Public Auction Yards / 2026-10-23

Public Auction Yards

Name: Public Auction Yards livestock auction prices — 2026-10-23
Creator: RaisedBeef
Published: 2026-10-23

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Fri, Oct 23

● Final83 lots reportedUSDA AMS · slug 1776

← Oct 16Oct 23latest

Feeder Cattle receipts

2,601 head

▲ 459 vs last sale 2,142▼ 799 vs year ago 3,400 · −23.5%

Slaughter Cattle receipts

163 head

▲ 74 vs last sale 89▼ 22 vs year ago 185 · −11.9%

Replacement Cattle receipts

148 head

▲ 140 vs last sale 8▲ 3 vs year ago 145 · +2.1%

Also sold hereRegular saleWed Oct 28, 2026

View

Reporter comment USDA

As filed

Compared to last week's sale steer calves under 400 lbs sold 35.00-40.00 lower, 400-499 lbs mostly 10.00 lower. Heavier steer calves 500-699 lbs sold 9.00-13.00 higher. Feeder steers 700-899 lbs not enough to establish a market trend. Feeder heifers 350-499 lbs sold uneven at 5.00 lower to 5.00 higher, 500-699 lb heifers sold 7.00-9.00 lower. Not enough heavier heifers for price comparison. Compared to the Wednesday sale, slaughter and return to feed cows traded 2.00-3.00 lower.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $433.18/cwt on 455 head, up $5.13 from the prior sale. That ranks 4 of 5 comparable sales and sits +1.90 against this barn's trailing median of $431.29.

Average price

$433.18

▲ 5.13 vs prior sale

455 head · 548 lb average

Value per head Derived

$2,375

Price × average weight ÷ 100

Grade differential Derived

$382

per head · Medium and Large 1 over Medium and Large 2

$63.18/cwt at this weight

vs the market

+1.78

vs MT average

−6.09 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	549	436.89	2,398	423
Medium and Large 1-2	541	389.64	2,108	21
Medium and Large 2	539	373.71	2,015	11thin

One grade step is worth $63.18/cwt here — about $382 a head. Across this sale the premium is widest at 200–300 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 sale455 hd

433.18

—

MT average5 barns · 2,181 hd

431.40

+1.78

National average183 barns · 33,329 hd

439.27

−6.09

This barn, trailing median5 sales

431.29

+1.90

A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

This barn's trailing prices 500–600 lb

5 sales

Steers 500–600 lb: high $503.89, low $428.05, median $431.29 across 5 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

Slaughter cattle

By class and quality grade · $/cwt

Cull cows and bulls are graded, not weight-classed — grade is what moves the money here.

Class	Grade	Dressing	Avg wt	$/cwt	$/head	Head
Bulls	—	Average	1,573	145.50	2,288	13
Cows	Boner 80-85%	Average	1,301	135.71	1,765	81
Cows	Breaker 75-80%	Low	1,965	117.00	2,299	3thin
Cows	Lean 85-90%	Average	1,155	101.74	1,175	32

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.

Class	Stage	Age	Avg wt	$/head	Head
Bred Cows	2nd Stage (4-6 mo)	Middle Aged (5-8 yrs)	1,174	$2,663	6
Bred Cows	1st Stage (1-3 mo)	Middle Aged (5-8 yrs)	1,153	$2,038	4thin

Every lot, as filed

83 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. Grouped by class and set lightest first; USDA files them in sale-ring order.

Class	Weight	Grade / description	Avg wt	Price	Range	Per head	Head
Feeder Cattle · Steers29 lots · lightest first
Steers	250–300	Medium and Large 1-2Unweaned	272	610.00/cwt	610.00–610.00	1,659	9
Steers	250–300	Medium and Large 2Unweaned	299	530.00/cwt	530.00–530.00	1,585	4
Steers	300–350	Medium and Large 1-2Unweaned	308	627.50/cwt	627.50–627.50	1,933	37
Steers	300–350	Medium and Large 1Unweaned	341	570.19/cwt	560.00–585.00	1,944	5
Steers	350–400	Medium and Large 1Unweaned	369	555.13/cwt	550.00–590.00	2,048	39
Steers	350–400	Medium and Large 1-2Unweaned	373	501.33/cwt	450.00–515.00	1,870	28
Steers	400–450	Medium and Large 1Unweaned	419	535.95/cwt	480.00–580.00	2,246	54
Steers	400–450	Medium and Large 2Unweaned	422	428.57/cwt	425.00–430.00	1,809	7
Steers	400–450	Medium and Large 1-2Unweaned	425	493.57/cwt	475.00–517.50	2,098	21
Steers	450–500	Medium and Large 1-2Unweaned	477	438.09/cwt	432.50–440.00	2,090	12
Steers	450–500	Medium and Large 2Unweaned	478	405.00/cwt	405.00–405.00	1,936	2
Steers	450–500	Medium and Large 1Unweaned	479	487.13/cwt	435.00–515.00	2,333	246
Steers	500–550	Medium and Large 1Unweaned	515	468.81/cwt	445.00–486.50	2,414	163
Steers	500–550	Medium and Large 2Unweaned	522	388.47/cwt	377.00–400.00	2,028	6
Steers	500–550	Medium and Large 1-2Unweaned	531	392.19/cwt	370.00–415.00	2,083	14
Steers	550–600	Medium and Large 2Unweaned	560	356.00/cwt	350.00–360.00	1,994	5
Steers	550–600	Medium and Large 1-2Unweaned	561	384.55/cwt	380.00–388.00	2,157	7
Steers	550–600	Medium and Large 1Unweaned	570	416.88/cwt	345.00–438.00	2,376	260
Steers	600–650	Medium and Large 1Unweaned	625	403.84/cwt	368.00–415.00	2,524	126
Steers	600–650	Medium and Large 1	627	403.12/cwt	387.50–411.00	2,528	52
Steers	600–650	Medium and Large 2Unweaned	637	369.00/cwt	369.00–369.00	2,351	3
Steers	650–700	Medium and Large 2Unweaned	668	340.00/cwt	340.00–340.00	2,271	2
Steers	650–700	Medium and Large 1Unweaned	669	383.18/cwt	379.00–390.00	2,563	90
Steers	650–700	Medium and Large 1	674	388.33/cwt	382.00–393.00	2,617	39
Steers	650–700	Medium and Large 2	690	368.00/cwt	368.00–368.00	2,539	2
Steers	700–750	Medium and Large 1	731	369.90/cwt	350.00–380.00	2,704	12
Steers	750–800	Medium and Large 1	789	335.17/cwt	324.00–371.00	2,644	25
Steers	800–850	Medium and Large 1	828	320.31/cwt	310.00–331.00	2,652	4
Steers	850–900	Medium and Large 1	898	312.00/cwt	312.00–312.00	2,802	2
Feeder Cattle · Heifers32 lots · lightest first
Heifers	250–300	Medium and Large 1-2Unweaned	254	530.00/cwt	530.00–530.00	1,346	12
Heifers	250–300	Medium and Large 1Unweaned	274	532.19/cwt	525.00–555.00	1,458	16
Heifers	300–350	Medium and Large 2Unweaned	328	470.00/cwt	470.00–470.00	1,542	2
Heifers	300–350	Medium and Large 1Unweaned	335	505.23/cwt	502.50–510.00	1,693	23
Heifers	350–400	Medium and Large 1Unweaned	380	492.39/cwt	475.00–510.00	1,871	47
Heifers	350–400	Medium and Large 1-2Unweaned	384	442.23/cwt	425.00–450.00	1,698	22
Heifers	350–400	Medium and Large 2Unweaned	396	420.00/cwt	420.00–420.00	1,663	4
Heifers	400–450	Medium and Large 1Unweaned	425	472.91/cwt	450.00–485.00	2,010	83
Heifers	400–450	Medium and Large 1-2Unweaned	425	382.47/cwt	320.00–410.00	1,625	10
Heifers	400–450	Medium and Large 2Unweaned	443	375.00/cwt	375.00–375.00	1,661	2
Heifers	450–500	Medium and Large 1Unweaned	480	445.35/cwt	412.50–468.00	2,138	221
Heifers	450–500	Medium and Large 1-2Unweaned	483	377.60/cwt	370.00–385.00	1,824	14
Heifers	500–550	Medium and Large 2Unweaned	528	300.83/cwt	275.00–325.00	1,588	4
Heifers	500–550	Medium and Large 1Unweaned	530	395.78/cwt	371.00–409.00	2,098	144
Heifers	550–600	Medium and Large 1-2Unweaned	554	330.00/cwt	330.00–330.00	1,828	7
Heifers	550–600	Medium and Large 1Unweaned	574	362.01/cwt	345.00–374.00	2,078	138
Heifers	600–650	Medium and Large 1	620	342.00/cwt	342.00–342.00	2,120	4
Heifers	600–650	Medium and Large 1Unweaned	622	358.91/cwt	345.00–379.00	2,232	83
Heifers	650–700	Medium and Large 1	669	349.49/cwt	315.00–375.00	2,338	34
Heifers	650–700	Medium and Large 1-2	695	265.00/cwt	265.00–265.00	1,842	2
Heifers	700–750	Medium and Large 2	703	255.00/cwt	255.00–255.00	1,793	6
Heifers	700–750	Medium and Large 1-2	725	285.00/cwt	285.00–285.00	2,066	3
Heifers	700–750	Medium and Large 1	735	312.00/cwt	312.00–312.00	2,293	10
Heifers	750–800	Medium and Large 1-2	755	270.00/cwt	270.00–270.00	2,039	2
Heifers	750–800	Medium and Large 1Spayed	780	316.00/cwt	316.00–316.00	2,465	32
Heifers	800–850	Medium and Large 1	816	335.00/cwt	335.00–335.00	2,734	11
Heifers	850–900	Medium and Large 1	893	282.50/cwt	282.50–282.50	2,523	2
Heifers	900–950	Medium and Large 1	908	314.00/cwt	314.00–314.00	2,851	9
Heifers	950–1000	Medium and Large 1-2	963	245.00/cwt	245.00–245.00	2,359	2
Heifers	950–1000	Medium and Large 1	970	278.43/cwt	270.00–283.00	2,701	10
Heifers	1150–1200	Large 1	1,167	245.00/cwt	245.00–245.00	2,859	5
Heifers	1250–1300	Large 1	1,298	209.00/cwt	209.00–209.00	2,713	2
Feeder Cattle · Bulls2 lots · lightest first
Bulls	300–350	Medium and Large 1Unweaned	341	530.00/cwt	530.00–530.00	1,807	7
Bulls	450–500	Medium and Large 1Unweaned	473	420.00/cwt	420.00–420.00	1,987	4
Slaughter Cattle · Bulls3 lots · lightest first
Bulls	—	—	1,408	136.27/cwt	135.00–137.50	1,919	2
Bulls	—	—Return to Feed	1,562	145.39/cwt	130.00–157.50	2,271	10
Bulls	—	—	2,010	165.00/cwt	165.00–165.00	3,317	1
Slaughter Cattle · Cows8 lots · lightest first
Cows	—	Lean 85-90%	1,054	88.27/cwt	82.50–95.00	930	6
Cows	—	Lean 85-90%	1,153	70.06/cwt	60.00–75.00	808	3
Cows	—	Lean 85-90%	1,166	99.15/cwt	95.00–105.00	1,156	7
Cows	—	Lean 85-90%Return to Feed	1,187	116.47/cwt	111.00–120.00	1,382	12
Cows	—	Lean 85-90%Return to Feed	1,193	106.02/cwt	105.00–110.00	1,265	4
Cows	—	Boner 80-85%Return to Feed	1,298	136.40/cwt	124.00–152.50	1,770	77
Cows	—	Boner 80-85%Return to Feed	1,350	122.50/cwt	121.00–123.00	1,654	4
Cows	—	Breaker 75-80%	1,965	117.00/cwt	117.00–117.00	2,299	3
Replacement Cattle · Open Heifers2 lots · lightest first
Open Heifers	—	Medium and Large 1	903	298.42/cwt	260.00–310.00	2,695	11
Open Heifers	—	Medium and Large 1	982	285.00/cwt	285.00–285.00	2,799	5
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows	—	Medium and Large 2	1,097	1,900.00/head	1,900.00–1,900.00	1,900	3
Bred Cows	—	Medium and Large 1	1,154	3,044.96/head	2,900.00–3,100.00	3,045	4
Bred Cows	—	Medium and Large 2	1,213	1,900.00/head	1,900.00–1,900.00	1,900	2
Bred Cows	—	Medium and Large 1	1,320	2,450.00/head	2,450.00–2,450.00	2,450	1
Replacement Cattle · Stock Cows3 lots · lightest first
Stock Cows	—	Medium and Large 1	1,030	268.64/cwt	235.00–300.00	2,767	64
Stock Cows	—	Medium and Large 2	1,111	202.45/cwt	180.00–240.00	2,249	8
Stock Cows	—	Medium and Large 1-2	1,199	226.82/cwt	212.50–240.00	2,720	12

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.

Montana feeder prices, every weight →Every state and region →

Public Auction Yards Livestock Cattle Auction - Billings, MT (Fri)

Fri Oct 23, 2026

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Billings, MT (LS-BL)

Feeder CattleReceipts 2,601Last week 2,142Year ago 3,400

Slaughter CattleReceipts 163Last week 89Year ago 185

Replacement CattleReceipts 148Last week 8Year ago 145

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
16	250–300	274	525.00–555.00	532.19
23	300–350	335	502.50–510.00	505.23
47	350–400	380	475.00–510.00	492.39
83	400–450	425	450.00–485.00	472.91
221	450–500	480	412.50–468.00	445.35
144	500–550	530	371.00–409.00	395.78
138	550–600	574	345.00–374.00	362.01
83	600–650	622	345.00–379.00	358.91

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
4	600–650	620	342.00	342.00
34	650–700	669	315.00–375.00	349.49
10	700–750	735	312.00	312.00
11	800–850	816	335.00	335.00
2	850–900	893	282.50	282.50
9	900–950	908	314.00	314.00
10	950–1000	970	270.00–283.00	278.43

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Large 1$ per cwt · actual wt
5	1150–1200	1,167	245.00	245.00
2	1250–1300	1,298	209.00	209.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2 · Unweaned$ per cwt · actual wt
12	250–300	254	530.00	530.00
22	350–400	384	425.00–450.00	442.23
10	400–450	425	320.00–410.00	382.47
14	450–500	483	370.00–385.00	377.60
7	550–600	554	330.00	330.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2 · Unweaned$ per cwt · actual wt
2	300–350	328	470.00	470.00
4	350–400	396	420.00	420.00
2	400–450	443	375.00	375.00
4	500–550	528	275.00–325.00	300.83

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2$ per cwt · actual wt
2	650–700	695	265.00	265.00
3	700–750	725	285.00	285.00
2	750–800	755	270.00	270.00
2	950–1000	963	245.00	245.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
6	700–750	703	255.00	255.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Spayed$ per cwt · actual wt
32	750–800	780	316.00	316.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
5	300–350	341	560.00–585.00	570.19
39	350–400	369	550.00–590.00	555.13
54	400–450	419	480.00–580.00	535.95
246	450–500	479	435.00–515.00	487.13
163	500–550	515	445.00–486.50	468.81
260	550–600	570	345.00–438.00	416.88
126	600–650	625	368.00–415.00	403.84
90	650–700	669	379.00–390.00	383.18

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2 · Unweaned$ per cwt · actual wt
9	250–300	272	610.00	610.00
37	300–350	308	627.50	627.50
28	350–400	373	450.00–515.00	501.33
21	400–450	425	475.00–517.50	493.57
12	450–500	477	432.50–440.00	438.09
14	500–550	531	370.00–415.00	392.19
7	550–600	561	380.00–388.00	384.55

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
52	600–650	627	387.50–411.00	403.12
39	650–700	674	382.00–393.00	388.33
12	700–750	731	350.00–380.00	369.90
25	750–800	789	324.00–371.00	335.17
4	800–850	828	310.00–331.00	320.31
2	850–900	898	312.00	312.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2 · Unweaned$ per cwt · actual wt
4	250–300	299	530.00	530.00
7	400–450	422	425.00–430.00	428.57
2	450–500	478	405.00	405.00
6	500–550	522	377.00–400.00	388.47
5	550–600	560	350.00–360.00	356.00
3	600–650	637	369.00	369.00
2	650–700	668	340.00	340.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
2	650–700	690	368.00	368.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1 · Unweaned$ per cwt · actual wt
7	300–350	341	530.00	530.00
4	450–500	473	420.00	420.00

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Open Heifers — Medium and Large 1$ per cwt · actual wt
(<2 yrs)	N/A	11	—	903	260.00–310.00	298.42
Young (2-4 yrs)	N/A	5	—	982	285.00	285.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1$ per head · actual wt
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	1	—	1,320	2,450.00	2,450.00
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	4	—	1,154	2,900.00–3,100.00	3,044.96

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 2$ per head · actual wt
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	2	—	1,213	1,900.00	1,900.00
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	3	—	1,097	1,900.00	1,900.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Stock Cows — Medium and Large 1$ per cwt · actual wt
Young (2-4 yrs)	Open	64	—	1,030	235.00–300.00	268.64

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Stock Cows — Medium and Large 2$ per cwt · actual wt
Young (2-4 yrs)	Open	8	—	1,111	180.00–240.00	202.45

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Stock Cows — Medium and Large 1-2$ per cwt · actual wt
Young (2-4 yrs)	Open	12	—	1,199	212.50–240.00	226.82

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85% · Return to Feed$ per cwt · actual wt
77	—	1,298	124.00–152.50	136.40
4	—	1,350	121.00–123.00	122.50

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90% · Return to Feed$ per cwt · actual wt
12	—	1,187	111.00–120.00	116.47
4	—	1,193	105.00–110.00	106.02

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
7	—	1,166	95.00–105.00	99.15
3	—	1,153	60.00–75.00	70.06
6	—	1,054	82.50–95.00	88.27

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80%$ per cwt · actual wt
3	—	1,965	117.00	117.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
1	—	2,010	165.00	165.00
2	—	1,408	135.00–137.50	136.27

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Return to Feed$ per cwt · actual wt
10	—	1,562	130.00–157.50	145.39

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.