Sale reports / Montana / Public Auction Yards / 2025-10-24

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Fri, Oct 24
● Final99 lots reportedUSDA AMS · slug 1776
Feeder Cattle receipts
3,400 head
▲ 1,377 vs last sale 2,023▲ 115 vs year ago 3,285 · +3.5%
Slaughter Cattle receipts
185 head
▼ 60 vs last sale 245▲ 150 vs year ago 35 · +428.6%
Replacement Cattle receipts
145 head
▲ 73 vs last sale 72▲ 138 vs year ago 7 · +1,971.4%
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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 average. Most yearlings were cut backs off summer video sales. Steer calves under 550 lbs sold mostly 10.00-30.00 lower, with a few high quality partial load lots selling fully steady. Steer calves over 550 lbs sold mostly 10.00-20.00 lower. Heifer calves all sold 10.00 to 20.00 lower, with a few high quality partial load lots selling fully steady. Demand was light to moderate for moderate to heavy offerings. CME feeder cattle positions traded limit lower 3 days of the last 7 days. This caused many buyers to pause as they bid on offerings. Demand for offerings was noticeably lighter this week compared to last sale. Spreads were large this week as fewer buyers were in the stands and willing to buy cattle. Small packages of calves, particularly packages of 10 head or less, sold back sharply from larger consignments this sale. This led to very wide price spreads in places. Even internet bidding, which has been outstanding over the last few sales was drastically quitter this sale compared to last week. Market activity was slow to moderate as a result. Weigh up cows sold on moderate demand for light to moderate offerings. Slaughter cows were too lightly tested to develop an accurate market trend, however lower undertones were noticed. Feeding cows sold fully steady in a narrow comparison. Slaughter bulls sold generally steady in a narrow comparison. Young age cows suitable to feed or rebreed sold on mostly good demand. Quality this week was mixed from plain to attractive. Young age cows sold generally steady in a narrow comparison.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $429.57/cwt on 438 head. That ranks 4 of 6 comparable sales and sits −0.78 against this barn's trailing median of $430.35.
Average price
$429.57
438 head · 548 lb average
Value per head Derived
$2,356
Price × average weight ÷ 100
Grade differential Derived
$186
per head · Medium and Large 1 over Large 1
$41.19/cwt at this weight
vs the market
−29.75
vs MT average
−28.57 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1549437.912,403307
Medium 1525417.502,1929thin
Medium and Large 1-2548411.822,255103
Large 1559396.722,21719thin
One grade step is worth $41.19/cwt here — about $186 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 sale438 hd
429.57
—
MT average5 barns · 2,384 hd
459.32
−29.75
National average182 barns · 38,495 hd
458.14
−28.57
This barn, trailing median6 sales
430.35
−0.78
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

6 sales
518483449414median 430.3502/2710/0210/1610/2310/30
Steers 500–600 lb: high $503.89, low $428.05, median $430.35 across 6 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 · $/cwt
Cull cows and bulls are graded, not weight-classed — grade is what moves the money here.
ClassGradeDressingAvg wt$/cwt$/headHead
Bulls—Low1,701181.283,08310
CowsBreaker 75-80%Average1,570177.932,79438
CowsBoner 80-85%Low1,400169.982,37951
CowsLean 85-90%Low1,147164.901,89261

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)1,067$3,40928
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,075$3,2985
Bred Cows2nd Stage (4-6 mo)Middle Aged/Aged (>5 yrs)1,525$2,9001thin
Bred Cows2nd Stage (4-6 mo)Aged (>8 yrs)1,355$2,8001thin

Every lot, as filed

99 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.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers34 lots · lightest first
Steers250–300Medium and Large 1Unweaned274744.18/cwt720.00–800.002,0398
Steers300–350Medium and Large 1Unweaned325640.30/cwt620.00–660.002,08115
Steers300–350Medium and Large 1-2Unweaned341560.00/cwt560.00–560.001,91011
Steers350–400Medium and Large 1Unweaned352607.33/cwt595.00–615.002,13826
Steers350–400Medium 1Unweaned380533.76/cwt500.00–540.002,02824
Steers350–400Medium and Large 1-2Unweaned382517.40/cwt515.00–528.001,97616
Steers350–400Medium 1Full384517.50/cwt517.50–517.501,98710
Steers400–450Medium and Large 1Unweaned431547.93/cwt522.50–572.502,362133
Steers400–450Medium and Large 1-2Unweaned434465.48/cwt445.00–500.002,02042
Steers450–500Medium 1Unweaned453480.00/cwt480.00–480.002,1743
Steers450–500Medium and Large 1-2Unweaned471460.13/cwt450.00–470.002,16767
Steers450–500Medium and Large 1Full481450.00/cwt450.00–450.002,1659
Steers450–500Medium and Large 1Unweaned490506.18/cwt485.00–510.002,480431
Steers500–550Medium and Large 1Unweaned517460.54/cwt431.00–482.502,381127
Steers500–550Medium 1Full525417.50/cwt417.50–417.502,1929
Steers500–550Large 1Unweaned542403.01/cwt401.00–410.002,1849
Steers500–550Medium and Large 1-2Unweaned543419.79/cwt419.00–435.002,27984
Steers550–600Medium and Large 1-2Unweaned568376.59/cwt365.00–395.002,13919
Steers550–600Medium and Large 1Unweaned571421.95/cwt402.00–438.002,409180
Steers550–600Large 1Unweaned574391.06/cwt383.50–400.002,24510
Steers600–650Medium and Large 1600389.00/cwt389.00–389.002,33411
Steers600–650Medium and Large 1Fancy611430.00/cwt430.00–430.002,62746
Steers600–650Medium and Large 1Unweaned619401.87/cwt386.00–417.502,488265
Steers600–650Medium and Large 1-2Unweaned622368.60/cwt335.00–380.002,29329
Steers600–650Large 1Unweaned624372.19/cwt370.00–377.502,32231
Steers600–650Medium and Large 1Full643379.00/cwt379.00–379.002,43766
Steers650–700Medium and Large 1Unweaned669381.44/cwt379.00–385.002,55220
Steers650–700Medium and Large 1-2Unweaned673360.00/cwt360.00–360.002,4235
Steers650–700Large 1Unweaned686376.00/cwt376.00–376.002,5798
Steers650–700Medium and Large 1Full688370.00/cwt370.00–370.002,5464
Steers700–750Medium and Large 1Unweaned736376.92/cwt366.00–384.002,77442
Steers750–800Medium and Large 1762378.00/cwt378.00–378.002,8809
Steers800–850Large 1Unweaned809337.00/cwt337.00–337.002,72617
Steers850–900Medium and Large 1858358.00/cwt358.00–358.003,07220
Feeder Cattle · Heifers31 lots · lightest first
Heifers250–300Medium and Large 1Unweaned295570.00/cwt570.00–570.001,6821
Heifers250–300Medium and Large 1-2Unweaned296565.00/cwt565.00–565.001,6724
Heifers300–350Medium and Large 1Unweaned321551.41/cwt540.00–560.001,77014
Heifers300–350Medium and Large 1-2Unweaned323553.54/cwt435.00–570.001,7888
Heifers350–400Medium and Large 1Unweaned378505.16/cwt490.00–523.001,91060
Heifers350–400Medium and Large 1-2Unweaned390495.00/cwt495.00–495.001,9312
Heifers350–400Medium 1Full398472.50/cwt472.50–472.501,88130
Heifers400–450Medium and Large 1Unweaned419492.11/cwt470.00–505.002,062158
Heifers400–450Medium and Large 1-2Unweaned429460.75/cwt425.00–465.001,97747
Heifers450–500Medium and Large 1Unweaned480461.01/cwt422.00–477.002,213254
Heifers450–500Medium and Large 1-2Unweaned484390.59/cwt340.00–417.501,89025
Heifers450–500Large 1Unweaned493370.00/cwt370.00–370.001,8242
Heifers500–550Medium and Large 1Fancy500461.00/cwt461.00–461.002,30511
Heifers500–550Medium and Large 2Unweaned503340.00/cwt340.00–340.001,7105
Heifers500–550Medium and Large 1Full507403.76/cwt400.00–405.002,04724
Heifers500–550Medium and Large 1Unweaned529410.27/cwt400.00–431.002,17087
Heifers500–550Medium and Large 1-2Unweaned538384.57/cwt377.50–390.002,06926
Heifers500–550Large 1Unweaned545350.00/cwt350.00–350.001,9083
Heifers550–600Medium and Large 1-2Unweaned551351.80/cwt351.00–355.001,93810
Heifers550–600Medium and Large 1Unweaned569372.13/cwt357.00–401.002,117143
Heifers600–650Medium and Large 1Unweaned606357.73/cwt346.00–361.002,16855
Heifers600–650Medium and Large 1-2Unweaned627324.56/cwt318.00–335.002,0355
Heifers600–650Medium 1629270.00/cwt270.00–270.001,6984
Heifers650–700Medium and Large 1Unweaned673313.24/cwt310.00–320.002,10812
Heifers700–750Medium and Large 1Unweaned719307.64/cwt304.00–322.502,21215
Heifers750–800Medium and Large 1Unweaned755312.50/cwt312.50–312.502,3592
Heifers750–800Large 1783330.00/cwt330.00–330.002,5842
Heifers750–800Medium and Large 1786363.50/cwt363.50–363.502,85729
Heifers850–900Medium and Large 1869327.50/cwt327.50–327.502,84613
Heifers850–900Medium and Large 1-2890305.00/cwt305.00–305.002,71515
Heifers900–950Medium and Large 1931314.42/cwt313.00–314.502,92738
Feeder Cattle · Bulls2 lots · lightest first
Bulls500–550Medium and Large 1-2Unweaned545375.00/cwt375.00–375.002,0444
Bulls600–650Medium and Large 1Unweaned610360.00/cwt360.00–360.002,1964
Slaughter Cattle · Bulls4 lots · lightest first
Bulls——Return to Feed1,400183.82/cwt182.00–186.002,5732
Bulls——Return to Feed1,464181.69/cwt177.00–185.002,6603
Bulls——1,839178.78/cwt175.00–181.003,2884
Bulls——2,460185.00/cwt185.00–185.004,5511
Slaughter Cattle · Cows13 lots · lightest first
Cows—Lean 85-90%Light Weight872106.80/cwt100.00–112.509313
Cows—Lean 85-90%Return to Feed1,103183.86/cwt180.00–185.002,0284
Cows—Lean 85-90%Return to Feed1,110163.23/cwt163.00–165.001,81215
Cows—Lean 85-90%1,115112.50/cwt112.50–112.501,2541
Cows—Lean 85-90%Return to Feed1,188173.81/cwt168.00–178.002,06536
Cows—Lean 85-90%1,21892.50/cwt92.50–92.501,1272
Cows—Boner 80-85%Return to Feed1,358156.10/cwt144.00–158.002,1208
Cows—Boner 80-85%1,360127.50/cwt127.50–127.501,7341
Cows—Boner 80-85%Return to Feed1,398176.56/cwt171.50–180.002,46840
Cows—Breaker 75-80%1,510158.00/cwt158.00–158.002,3861
Cows—Breaker 75-80%Return to Feed1,559180.08/cwt178.00–182.002,80732
Cows—Boner 80-85%1,618115.13/cwt110.00–120.001,8632
Cows—Breaker 75-80%1,655168.14/cwt166.00–169.002,7835
Replacement Cattle · Stock Cows8 lots · lightest first
Stock Cows—Medium and Large 1-2Thin Fleshed740240.00/cwt240.00–240.001,7761
Stock Cows—Medium and Large 1-2Thin Fleshed770205.00/cwt205.00–205.001,5791
Stock Cows—Medium and Large 1921334.14/cwt287.50–342.503,07734
Stock Cows—Medium and Large 1-2926210.17/cwt182.00–260.001,94611
Stock Cows—Medium and Large 1-2934299.30/cwt255.00–307.502,7959
Stock Cows—Medium and Large 1964252.04/cwt190.00–300.002,43022
Stock Cows—Medium and Large 2975212.50/cwt212.50–212.502,0721
Stock Cows—Medium and Large 2990195.00/cwt195.00–195.001,9312
Replacement Cattle · Bred Cows7 lots · lightest first
Bred Cows—Medium and Large 1-21,0002,992.11/head2,800.00–3,150.002,9925
Bred Cows—Medium and Large 1-21,0253,000.00/head3,000.00–3,000.003,0001
Bred Cows—Medium and Large 11,0823,500.00/head3,500.00–3,500.003,50023
Bred Cows—Medium and Large 11,0873,372.29/head3,300.00–3,400.003,3724
Bred Cows—Medium and Large 1-2Broken Mouth1,3552,800.00/head2,800.00–2,800.002,8001
Bred Cows—Medium and Large 11,503191.00/cwt191.00–191.002,8713
Bred Cows—Medium and Large 11,5252,900.00/head2,900.00–2,900.002,9001

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.