Sale reports / Montana / Public Auction Yards / 2026-10-02

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Fri, Oct 2
● Final70 lots reportedUSDA AMS · slug 1776
Feeder Cattle receipts
2,149 head
▼ 1,839 vs last sale 3,988▲ 486 vs year ago 1,663 · +29.2%
Slaughter Cattle receipts
8 head
▼ 28 vs last sale 36▼ 38 vs year ago 46 · −82.6%
Replacement Cattle receipts
3 head
▼ 7 vs last sale 10▼ 20 vs year ago 23 · −87.0%
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Reporter comment USDA

As filed

This is the First Friday feeder special of the Fall. No recent Friday feeder specials to make any market comparison. Feeder calves all sold on good demand for light to moderate offerings. Yearlings sold on mostly good to very good demand for light to moderate offerings. Cooperate packer buyers showed good demand for green, high quality yearlings today as several long strings of attractive cattle off grass were seen. Additionally several backgrounded offerings out of grow lots were seen and demand for these offerings was moderate to good. Most grow lot offerings were in moderate to moderate plus; a few discounted offerings were seen and marked as fleshy. Feeder calves are starting to be marketed and demand for calves was mostly good. Lots of variation of quality was noticed today. Most calves were in small to moderate size packages, forcing buyers to piece together loads. Demand was good from private feeders and Canadian buyers. Cooperate packers were mostly sidelined today as they showed limited interest in new crop calves. A large crowd of buyers was on hand for todays sale with over 15 different buyers actively bidding on offerings. Market activity was mostly active as a result. Weigh up cows sold on light demand for very light offerings. Too few cows and bulls were seen to develop any market trend.

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $402.22/cwt on 153 head, down $46.18 from the prior sale. That ranks 5 of 6 comparable sales and sits +10.36 against this barn's trailing median of $391.86.
Average price
$402.22
▼ 46.18 vs prior sale
153 head · 538 lb average
Value per head Derived
$2,163
Price × average weight ÷ 100
Grade differential Derived
$193
per head · Medium and Large 1 over Large 1
$17.68/cwt at this weight
vs the market
+5.31
vs MT average
+49.56 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1538402.682,168149
Large 1513385.001,9754thin
One grade step is worth $17.68/cwt here — about $193 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 sale153 hd
402.22
—
MT average4 barns · 247 hd
396.91
+5.31
National average184 barns · 12,638 hd
352.66
+49.56
This barn, trailing median6 sales
391.86
+10.36
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
462429396363median 391.8602/2710/0210/1610/2310/30
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 · $/cwt
Cull cows and bulls are graded, not weight-classed — grade is what moves the money here.
ClassGradeDressingAvg wt$/cwt$/headHead
Bulls—Low1,375168.002,3101thin
CowsBreaker 75-80%Average1,568132.002,0702thin
CowsBoner 80-85%Average1,190125.001,4881thin
CowsLean 85-90%Low1,100111.681,2284thin

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.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers25 lots · lightest first
Steers200–250Medium and Large 1-2Unweaned243600.00/cwt600.00–600.001,4582
Steers300–350Medium and Large 1Unweaned313625.33/cwt600.00–627.501,95713
Steers300–350Medium and Large 1-2Unweaned341536.42/cwt500.00–545.001,8295
Steers350–400Medium and Large 1Unweaned380570.00/cwt570.00–570.002,1662
Steers400–450Medium and Large 1Unweaned427509.28/cwt487.50–537.502,17540
Steers400–450Medium and Large 1-2Unweaned446450.00/cwt450.00–450.002,0074
Steers450–500Medium and Large 1-2Unweaned466448.18/cwt436.00–457.502,08925
Steers450–500Medium 1Unweaned473425.40/cwt406.00–440.002,01220
Steers450–500Medium and Large 1Unweaned478479.68/cwt460.00–495.002,293108
Steers500–550Large 1Unweaned516402.15/cwt375.00–440.002,0757
Steers500–550Medium and Large 1-2Unweaned517418.90/cwt395.00–440.002,16621
Steers500–550Medium and Large 2Unweaned525375.00/cwt375.00–375.001,9692
Steers500–550Medium and Large 1Unweaned526456.00/cwt435.00–474.002,399124
Steers550–600Medium and Large 1-2Unweaned557404.14/cwt375.00–408.002,25119
Steers550–600Medium and Large 1Unweaned578421.15/cwt409.00–437.002,434109
Steers550–600Medium 1Unweaned599390.00/cwt390.00–390.002,33621
Steers600–650Large 1Unweaned612388.00/cwt388.00–388.002,37510
Steers600–650Medium and Large 1-2Unweaned618385.00/cwt385.00–385.002,3792
Steers600–650Medium and Large 1Unweaned627401.62/cwt390.00–409.002,51897
Steers650–700Medium and Large 1Unweaned670388.79/cwt387.00–395.002,60514
Steers700–750Medium and Large 1Unweaned719369.43/cwt365.00–375.002,6569
Steers800–850Medium and Large 2848310.00/cwt310.00–310.002,6293
Steers850–900Medium and Large 1892344.00/cwt344.00–344.003,06823
Steers950–1000Medium and Large 1Fleshy952315.00/cwt315.00–315.002,99953
Steers950–1000Medium and Large 1962336.50/cwt336.50–336.503,23750
Feeder Cattle · Heifers34 lots · lightest first
Heifers300–350Medium and Large 1Unweaned335521.15/cwt510.00–565.001,74622
Heifers300–350Medium and Large 1-2Unweaned340470.00/cwt470.00–470.001,5981
Heifers350–400Medium and Large 1Unweaned372492.02/cwt470.00–505.001,83025
Heifers350–400Medium and Large 1-2Unweaned373455.00/cwt455.00–455.001,6972
Heifers400–450Medium and Large 1-2Unweaned422445.00/cwt445.00–445.001,8786
Heifers400–450Medium and Large 1Unweaned424460.24/cwt460.00–465.001,95121
Heifers400–450Medium 1Unweaned436430.00/cwt430.00–430.001,8754
Heifers450–500Medium and Large 1Unweaned468441.03/cwt414.00–465.002,06484
Heifers450–500Medium and Large 1-2Unweaned494402.58/cwt380.00–405.001,98913
Heifers500–550Large 1Unweaned513385.00/cwt385.00–385.001,9754
Heifers500–550Medium and Large 1Unweaned519414.23/cwt408.00–422.002,15083
Heifers500–550Medium and Large 1524412.50/cwt412.50–412.502,1625
Heifers550–600Medium and Large 1Unweaned566386.16/cwt375.00–398.002,18661
Heifers600–650Medium and Large 1Unweaned613375.22/cwt365.00–379.002,30032
Heifers600–650Medium and Large 1Thin Fleshed622370.00/cwt370.00–370.002,30119
Heifers650–700Medium and Large 1Unweaned661365.00/cwt365.00–365.002,4134
Heifers650–700Medium and Large 1667355.67/cwt354.00–360.002,37234
Heifers650–700Medium and Large 1-2Unweaned670347.50/cwt347.50–347.502,3283
Heifers700–750Medium and Large 1726360.40/cwt360.00–360.502,61728
Heifers700–750Medium and Large 1-2729338.69/cwt330.00–342.002,46917
Heifers750–800Medium and Large 1-2758330.00/cwt330.00–330.002,5012
Heifers750–800Medium and Large 1771348.79/cwt339.00–355.002,689171
Heifers800–850Medium and Large 1-2800305.00/cwt305.00–305.002,4406
Heifers800–850Medium and Large 1Thin Fleshed809354.50/cwt354.50–354.502,86829
Heifers800–850Medium and Large 1Fleshy828322.00/cwt322.00–322.002,66645
Heifers800–850Medium and Large 1835334.45/cwt329.00–340.002,79350
Heifers850–900Medium and Large 1867322.39/cwt312.00–324.002,79599
Heifers900–950Medium and Large 1938305.00/cwt305.00–305.002,86110
Heifers900–950Medium and Large 1Fleshy941290.00/cwt290.00–290.002,7296
Heifers900–950Medium and Large 1-2Fleshy942284.00/cwt284.00–284.002,67534
Heifers950–1000Medium and Large 1974302.73/cwt300.00–303.002,94990
Heifers950–1000Large 1Fleshy979279.00/cwt279.00–279.002,73112
Heifers950–1000Medium and Large 1-2990285.00/cwt285.00–285.002,8222
Heifers1000–1050Medium and Large 11,007293.00/cwt293.00–293.002,9517
Feeder Cattle · Bulls4 lots · lightest first
Bulls300–350Medium and Large 1Unweaned337545.00/cwt545.00–545.001,8375
Bulls350–400Medium and Large 1Unweaned355545.00/cwt545.00–545.001,9351
Bulls500–550Medium and Large 1Unweaned507420.65/cwt411.00–430.002,13325
Bulls550–600Medium and Large 1Unweaned559392.50/cwt392.50–392.502,1948
Slaughter Cattle · Bulls1 lot · lightest first
Bulls——Return to Feed1,375168.00/cwt168.00–168.002,3101
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%Light Weight83082.00/cwt82.00–82.006811
Cows—Lean 85-90%1,170127.35/cwt123.00–132.001,4902
Cows—Boner 80-85%1,190125.00/cwt125.00–125.001,4881
Cows—Lean 85-90%1,230110.00/cwt110.00–110.001,3531
Cows—Breaker 75-80%1,568132.00/cwt132.00–132.002,0702
Replacement Cattle · Stock Cows1 lot · lightest first
Stock Cows—Medium and Large 1-21,064191.14/cwt168.00–205.002,0343

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.