Sale reports / Montana / Public Auction Yards / 2025-11-21

Public Auction Yards

Name: Public Auction Yards livestock auction prices — 2025-11-21
Creator: RaisedBeef
Published: 2025-11-21

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Fri, Nov 21

● Final70 lots reportedUSDA AMS · slug 1776

← Nov 14Nov 21Dec 12 →

Feeder Cattle receipts

1,175 head

▼ 236 vs last sale 1,411▼ 929 vs year ago 2,104 · −44.2%

Slaughter Cattle receipts

112 head

▼ 209 vs last sale 321▲ 42 vs year ago 70 · +60.0%

Replacement Cattle receipts

30 head

▼ 169 vs last sale 199▼ 2 vs year ago 32 · −6.3%

Also sold hereRegular saleWed Oct 28, 2026

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Reporter comment USDA

As filed

Compared to last week: Steers calves 500-699 lbs offered the best test, these offerings sold mostly 10.00-20.00 lower in a narrow comparison. All other weights of steers were too lightly tested to develop a full market trend, however lower undertones were noticed. Heifers 450-549 lbs sold mostly 10.00 lower, heifers 550 lbs and heavier sold 5.00-8.00 lower in a narrow comparison. All other weights were too lightly tested to develop an accurate market trend, however lower undertones were noticed. Quality this week was mixed from plain to attractive. Quality was better this week compared to last week with larger groups of cattle seen. CME positions traded sharply lower over the past week. With less takers for calves and lighter demand noticed, calf prices traded lower as a result. Demand was mostly light to moderate today for light offerings. A smaller crowd was seen this week with very few buyers in the stands and hardly any bidders seen on the internet. Market activity was slow to moderate as a result. Weigh up cows sold on light to moderate demand for light offerings. Too few cows sold to establish an accurate market trend, however lower undertones were noticed on feeding cows. Slaughter cows were too lightly tested to develop any market trend. Slaughter bulls were too lightly tested last week to develop an accurate market trend, however steady undertones were noticed as feeding and slaughter bull buyers competed over limited offerings. Young age cows suitable to feed or rebred were too lightly tested to develop any market trend. A smaller buyer pool was noticed for cows and bulls this week as well.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb heifers averaged $356.10/cwt on 290 head. That ranks 1 of 6 comparable sales and sits −35.76 against this barn's trailing median of $391.86.

Average price

$356.10

290 head · 562 lb average

Value per head Derived

$2,001

Price × average weight ÷ 100

Grade differential Derived

$192

per head · Medium and Large 1 over Large 1

$21.21/cwt at this weight

vs the market

−14.52

vs MT average

−0.79 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	563	357.28	2,012	272
Medium and Large 1-2	549	339.65	1,864	11thin
Large 1	542	336.07	1,820	7thin

One grade step is worth $21.21/cwt here — about $192 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 sale290 hd

356.10

—

MT average4 barns · 1,277 hd

370.62

−14.52

National average188 barns · 19,415 hd

356.89

−0.79

This barn, trailing median6 sales

391.86

−35.76

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

Heifers 500–600 lb: high $448.39, low $377.01, median $391.86 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.

Class	Grade	Dressing	Avg wt	$/cwt	$/head	Head
Bulls	—	Low	1,829	161.27	2,949	23
Cows	Breaker 75-80%	Average	1,549	159.34	2,468	7thin
Cows	Boner 80-85%	Average	1,384	152.67	2,113	44
Cows	Lean 85-90%	Low	1,162	135.21	1,571	34

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)	Aged (>8 yrs)	1,063	$1,900	2thin

Every lot, as filed

70 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 · Steers21 lots · lightest first
Steers	300–350	Medium and Large 2-3	330	350.00/cwt	350.00–350.00	1,155	4
Steers	300–350	Medium and Large 1Unweaned	334	530.00/cwt	530.00–530.00	1,770	4
Steers	350–400	Medium and Large 1-2Unweaned	365	485.00/cwt	485.00–485.00	1,770	2
Steers	350–400	Medium and Large 1Unweaned	381	502.50/cwt	502.50–502.50	1,915	6
Steers	400–450	Medium and Large 1	421	465.00/cwt	465.00–465.00	1,958	5
Steers	400–450	Medium and Large 1Unweaned	429	494.81/cwt	485.00–505.00	2,123	14
Steers	450–500	Medium and Large 1Unweaned	452	465.00/cwt	465.00–465.00	2,102	15
Steers	450–500	Medium and Large 1	473	468.02/cwt	455.00–472.00	2,214	40
Steers	500–550	Large 1Unweaned	507	412.50/cwt	412.50–412.50	2,091	3
Steers	500–550	Medium and Large 1Unweaned	522	427.30/cwt	426.00–465.00	2,231	85
Steers	550–600	Medium and Large 1Unweaned	554	397.51/cwt	385.00–405.00	2,202	60
Steers	550–600	Medium and Large 1-2	572	381.65/cwt	378.00–385.00	2,183	30
Steers	550–600	Medium and Large 1-2Unweaned	591	370.00/cwt	370.00–370.00	2,187	9
Steers	600–650	Medium and Large 1	618	358.03/cwt	354.00–363.00	2,213	11
Steers	600–650	Medium and Large 1-2	627	345.69/cwt	343.00–347.00	2,167	12
Steers	600–650	Medium and Large 1Unweaned	630	359.70/cwt	354.00–366.00	2,266	48
Steers	650–700	Large 1Unweaned	668	336.00/cwt	336.00–336.00	2,244	4
Steers	650–700	Medium and Large 1Unweaned	676	349.07/cwt	340.00–351.00	2,360	64
Steers	700–750	Medium and Large 1Unweaned	700	345.00/cwt	345.00–345.00	2,415	3
Steers	700–750	Medium and Large 1	726	331.00/cwt	331.00–331.00	2,403	4
Steers	800–850	Medium and Large 1	838	325.00/cwt	325.00–325.00	2,724	12
Feeder Cattle · Heifers26 lots · lightest first
Heifers	300–350	Medium 1Unweaned	345	455.00/cwt	455.00–455.00	1,570	2
Heifers	350–400	Medium and Large 1Unweaned	363	445.00/cwt	445.00–445.00	1,615	9
Heifers	350–400	Medium 1Unweaned	377	413.32/cwt	400.00–420.00	1,558	9
Heifers	400–450	Medium and Large 1-2Full	417	395.00/cwt	395.00–395.00	1,647	5
Heifers	400–450	Medium and Large 1-2Unweaned	424	385.00/cwt	385.00–385.00	1,632	6
Heifers	400–450	Medium and Large 1	429	416.82/cwt	410.00–420.00	1,788	6
Heifers	400–450	Medium and Large 1Unweaned	448	440.00/cwt	440.00–440.00	1,971	2
Heifers	450–500	Medium and Large 1	458	393.99/cwt	390.00–410.00	1,804	42
Heifers	450–500	Medium and Large 1Unweaned	480	401.80/cwt	382.00–425.00	1,929	38
Heifers	450–500	Medium and Large 1-2	488	387.00/cwt	387.00–387.00	1,889	4
Heifers	450–500	Medium and Large 1Full	489	382.50/cwt	382.50–382.50	1,870	5
Heifers	500–550	Large 1Unweaned	521	347.50/cwt	347.50–347.50	1,810	5
Heifers	500–550	Medium and Large 1	531	361.36/cwt	345.00–386.00	1,919	38
Heifers	500–550	Medium and Large 1Unweaned	541	363.10/cwt	343.00–393.00	1,964	64
Heifers	500–550	Medium and Large 1-2Unweaned	543	338.31/cwt	310.00–343.00	1,837	7
Heifers	550–600	Medium and Large 1-2Unweaned	559	342.00/cwt	342.00–342.00	1,912	4
Heifers	550–600	Medium and Large 1	576	356.00/cwt	356.00–356.00	2,051	59
Heifers	550–600	Medium and Large 1Unweaned	580	353.21/cwt	345.50–369.00	2,049	111
Heifers	550–600	Large 1Unweaned	593	307.50/cwt	307.50–307.50	1,823	2
Heifers	600–650	Medium and Large 1-2	614	315.00/cwt	315.00–315.00	1,934	4
Heifers	600–650	Medium and Large 1Unweaned	620	338.33/cwt	324.00–344.00	2,098	73
Heifers	600–650	Medium and Large 1-2Unweaned	645	316.00/cwt	316.00–316.00	2,038	4
Heifers	650–700	Medium and Large 1-2Unweaned	650	313.00/cwt	313.00–313.00	2,035	12
Heifers	650–700	Medium and Large 1Replacement	657	329.00/cwt	329.00–329.00	2,162	42
Heifers	650–700	Medium and Large 1	665	324.00/cwt	324.00–324.00	2,155	5
Heifers	700–750	Medium and Large 1-2Unweaned	739	287.00/cwt	287.00–287.00	2,121	7
Feeder Cattle · Bulls1 lot · lightest first
Bulls	450–500	Medium and Large 1	463	410.00/cwt	410.00–410.00	1,898	9
Slaughter Cattle · Bulls4 lots · lightest first
Bulls	—	—Return to Feed	1,675	166.00/cwt	166.00–166.00	2,781	2
Bulls	—	—	1,794	149.87/cwt	140.00–168.00	2,689	13
Bulls	—	—Return to Feed	1,889	177.77/cwt	177.00–179.00	3,358	5
Bulls	—	—	1,980	180.00/cwt	180.00–180.00	3,564	3
Slaughter Cattle · Cows13 lots · lightest first
Cows	—	Lean 85-90%Light Weight	830	87.50/cwt	87.50–87.50	726	1
Cows	—	Lean 85-90%Light Weight	990	97.50/cwt	97.50–97.50	965	1
Cows	—	Lean 85-90%	1,113	96.68/cwt	95.00–100.00	1,076	3
Cows	—	Lean 85-90%	1,145	150.00/cwt	150.00–150.00	1,718	2
Cows	—	Lean 85-90%	1,170	87.50/cwt	87.50–87.50	1,024	1
Cows	—	Lean 85-90%Return to Feed	1,188	143.64/cwt	130.00–154.00	1,706	26
Cows	—	Breaker 75-80%Return to Feed	1,325	164.50/cwt	164.50–164.50	2,180	2
Cows	—	Boner 80-85%Return to Feed	1,345	147.68/cwt	128.00–152.00	1,986	13
Cows	—	Boner 80-85%	1,345	105.00/cwt	105.00–105.00	1,412	1
Cows	—	Boner 80-85%Return to Feed	1,401	157.58/cwt	153.00–164.00	2,208	29
Cows	—	Boner 80-85%	1,440	123.00/cwt	123.00–123.00	1,771	1
Cows	—	Breaker 75-80%Return to Feed	1,598	158.10/cwt	153.00–160.00	2,526	4
Cows	—	Breaker 75-80%	1,800	154.00/cwt	154.00–154.00	2,772	1
Replacement Cattle · Stock Cows4 lots · lightest first
Stock Cows	—	Medium and Large 1	957	293.13/cwt	280.00–302.50	2,805	10
Stock Cows	—	Medium and Large 1-2	964	270.00/cwt	270.00–270.00	2,603	5
Stock Cows	—	Medium and Large 1	1,152	213.98/cwt	210.00–222.50	2,465	3
Stock Cows	—	Medium and Large 1Fleshy	1,200	214.00/cwt	214.00–214.00	2,568	1
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows	—	Medium and Large 1-2Thin Fleshed	1,063	1,900.00/head	1,900.00–1,900.00	1,900	2

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 Nov 21, 2025

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

Feeder CattleReceipts 1,175Last week 1,411Year ago 2,104

Slaughter CattleReceipts 112Last week 321Year ago 70

Replacement CattleReceipts 30Last week 199Year ago 32

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2 · Unweaned$ per cwt · actual wt
2	350–400	365	485.00	485.00
9	550–600	591	370.00	370.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
4	300–350	334	530.00	530.00
6	350–400	381	502.50	502.50
14	400–450	429	485.00–505.00	494.81
15	450–500	452	465.00	465.00
85	500–550	522	426.00–465.00	427.30
60	550–600	554	385.00–405.00	397.51
48	600–650	630	354.00–366.00	359.70
64	650–700	676	340.00–351.00	349.07
3	700–750	700	345.00	345.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
30	550–600	572	378.00–385.00	381.65
12	600–650	627	343.00–347.00	345.69

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
5	400–450	421	465.00	465.00
40	450–500	473	455.00–472.00	468.02
11	600–650	618	354.00–363.00	358.03
4	700–750	726	331.00	331.00
12	800–850	838	325.00	325.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Large 1 · Unweaned$ per cwt · actual wt
3	500–550	507	412.50	412.50
4	650–700	668	336.00	336.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2-3$ per cwt · actual wt
4	300–350	330	350.00	350.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
9	350–400	363	445.00	445.00
2	400–450	448	440.00	440.00
38	450–500	480	382.00–425.00	401.80
64	500–550	541	343.00–393.00	363.10
111	550–600	580	345.50–369.00	353.21
73	600–650	620	324.00–344.00	338.33

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium 1 · Unweaned$ per cwt · actual wt
2	300–350	345	455.00	455.00
9	350–400	377	400.00–420.00	413.32

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
6	400–450	429	410.00–420.00	416.82
42	450–500	458	390.00–410.00	393.99
38	500–550	531	345.00–386.00	361.36
59	550–600	576	356.00	356.00
5	650–700	665	324.00	324.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt
42	650–700	657	329.00	329.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Large 1 · Unweaned$ per cwt · actual wt
5	500–550	521	347.50	347.50
2	550–600	593	307.50	307.50

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2 · Unweaned$ per cwt · actual wt
6	400–450	424	385.00	385.00
7	500–550	543	310.00–343.00	338.31
4	550–600	559	342.00	342.00
4	600–650	645	316.00	316.00
12	650–700	650	313.00	313.00
7	700–750	739	287.00	287.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Full$ per cwt · actual wt
5	450–500	489	382.50	382.50

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2$ per cwt · actual wt
4	450–500	488	387.00	387.00
4	600–650	614	315.00	315.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2 · Full$ per cwt · actual wt
5	400–450	417	395.00	395.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
9	450–500	463	410.00	410.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80% · Return to Feed$ per cwt · actual wt
2	—	1,325	164.50	164.50
4	—	1,598	153.00–160.00	158.10

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85% · Return to Feed$ per cwt · actual wt
29	—	1,401	153.00–164.00	157.58
13	—	1,345	128.00–152.00	147.68

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90% · Return to Feed$ per cwt · actual wt
26	—	1,188	130.00–154.00	143.64

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90% · Light Weight$ per cwt · actual wt
1	—	990	97.50	97.50
1	—	830	87.50	87.50

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
1	—	1,440	123.00	123.00
1	—	1,345	105.00	105.00

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80%$ per cwt · actual wt
1	—	1,800	154.00	154.00

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
2	—	1,145	150.00	150.00
1	—	1,170	87.50	87.50
3	—	1,113	95.00–100.00	96.68

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Return to Feed$ per cwt · actual wt
2	—	1,675	166.00	166.00
5	—	1,889	177.00–179.00	177.77

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
13	—	1,794	140.00–168.00	149.87
3	—	1,980	180.00	180.00

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Stock Cows — Medium and Large 1$ per cwt · actual wt
(<2 yrs)	Open	10	—	957	280.00–302.50	293.13
Young (2-4 yrs)	Open	3	—	1,152	210.00–222.50	213.98

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Stock Cows — Medium and Large 1 · Fleshy$ per cwt · actual wt
(<2 yrs)	Open	1	—	1,200	214.00	214.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Stock Cows — Medium and Large 1-2$ per cwt · actual wt
(<2 yrs)	Open	5	—	964	270.00	270.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1-2 · Thin Fleshed$ per head · actual wt
Aged (>8 yrs)	2nd Stage (4-6 mo)	2	—	1,063	1,900.00	1,900.00

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.