Sale reports / Montana / Billings Livestock Commission / 2026-06-18

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Jun 18
● Final71 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
96 head
▼ 514 vs last sale 610▲ 96 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
437 head
▼ 134 vs last sale 571▲ 437 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
159 head
▼ 1,122 vs last sale 1,281▲ 159 vs year ago 0 · no sale a year ago
Also sold here(Mon)Mon Nov 2, 2026
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Reporter comment USDA

As filed

Compared to last sale (6-11-26): Feeder cattle were all too lightly tested to develop an accurate market trend, however higher undertones were noticed on all offerings. Quality this week was mixed from plain to average. Demand was moderate to good for very light offerings. Group sizes were small with many singles noticed. Market activity was mostly moderate to active with a moderate size buyer pool noticed. Weigh up cows sold on moderate to good demand and light offerings. Demand for feeding cows was mostly moderate to good. Canadian buyers continue to buy cows to ship north and feed. American packers purchased most of the cow offering to hold for the upcoming 4th of July holiday week. Many of these cows were slightly blemished or slightly lame. Boning and lean flesh feeding cows sold mostly steady to 2.00 higher. Breaking flesh feeding cows sold mostly 4.00-8.00 lower as buyers showed lighter demand for heavily fleshed feeding cows. Most fleshy cows were purchased for slaughter this week. Cow quality this week was mostly average to attractive. Demand for slaughter cows was mostly good to very good as packers showed very good demand for lean grinding materials. Boning and lean cows sold mostly 4.00-8.00 higher, with a significantly larger portion being purchased for slaughter this week. Breaking cows sold mostly 3.00-4.00 lower. Slaughter bulls sold mostly 2.00-4.00 higher on a higher quality and higher yielding bull offering. Feeding bulls sold mostly 5.00 higher. Feeding bull quality was significantly higher this week and more bulls were purchased to feed as a result. Weigh up conditions were mostly average for cows and bulls both this week. Young age offerings suitable to feed or rebreed sold mostly 10.00-15.00 higher in a narrow comparison. Demand for young rebreed cows continues to improved as rains helped improve pasture and range conditions across the Northern plains.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $461.80/cwt on 11 head, up $7.43 from the prior sale (only 12 head in that comparison). That ranks 14 of 22 comparable sales and sits +18.85 against this barn's trailing median of $442.94.
Average price
$461.80
▲ 7.43 vs prior sale
11 head · 581 lb average
Value per head Derived
$2,683
Price × average weight ÷ 100
Grade differential Derived
$425
per head · Medium and Large 1 over Medium and Large 2
$77.11/cwt at this weight
vs the market
+9.15
vs MT average
+2.75 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1588477.112,8057thin
Medium and Large 1-2560446.672,5013thin
Medium and Large 2595400.002,3801thin
One grade step is worth $77.11/cwt here — about $425 a head. Across this sale the premium is widest at 500–600 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 sale11 hd
461.80
—
MT average3 barns · 15 hd
452.65
+9.15
National average161 barns · 9,107 hd
459.05
+2.75
This barn, trailing median22 sales
442.94
+18.85
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

22 sales
540488436384median 442.9403/0504/3006/1109/2410/29
Steers 500–600 lb: high $525.97, low $398.08, median $442.94 across 22 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—Average1,865217.584,05988
CowsBoner 80-85%Low1,418180.962,566204
CowsBreaker 75-80%Average1,681168.022,82444
CowsLean 85-90%Low1,142148.441,69645
Dairy CowsLean 85-90%Low1,135130.001,4761thin

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 Cows3rd Stage (7-9 mo)Young (2-4 yrs)1,173$3,9002thin
Bred Cows3rd Stage (7-9 mo)Aged (>8 yrs)1,435$3,1001thin
Bred Cows1st/2nd Stage (1-6 mo)Aged (>8 yrs)1,424$2,66837
Bred Heifers2nd Stage (4-6 mo)Young (2-4 yrs)1,068$3,5002thin
Cow-Calf PairsOpenMiddle Aged/Aged (>5 yrs)1,513$3,9006

Every lot

71 lots · USDA AMS · Billings Livestock Commission Cattle Auction - Billings, MT (Thu)
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 · Steers9 lots · lightest first
Steers550–600Medium and Large 1-2560446.67/cwt440.00–450.002,5013
Steers550–600Medium and Large 1588477.11/cwt460.00–480.002,8057
Steers550–600Medium and Large 2595400.00/cwt400.00–400.002,3801
Steers600–650Medium and Large 1615450.00/cwt450.00–450.002,7681
Steers700–750Medium and Large 1-2722395.01/cwt390.00–397.502,8524
Steers700–750Medium and Large 1737411.00/cwt411.00–411.003,0295
Steers750–800Medium and Large 2750345.00/cwt345.00–345.002,5881
Steers750–800Medium and Large 1770386.03/cwt375.00–397.502,9722
Steers750–800Medium and Large 1-2770360.00/cwt360.00–360.002,7722
Feeder Cattle · Heifers8 lots · lightest first
Heifers300–350Medium and Large 1-2Unweaned305480.00/cwt480.00–480.001,4641
Heifers450–500Medium and Large 1475460.00/cwt460.00–460.002,1851
Heifers550–600Medium and Large 1553420.00/cwt420.00–420.002,3232
Heifers600–650Medium and Large 1615405.00/cwt405.00–405.002,4911
Heifers650–700Medium and Large 1-2665355.00/cwt355.00–355.002,3611
Heifers700–750Medium and Large 1-2745345.00/cwt345.00–345.002,5701
Heifers750–800Medium and Large 1-2755345.00/cwt345.00–345.002,6053
Heifers750–800Medium and Large 1758368.00/cwt368.00–368.002,7894
Feeder Cattle · Bulls11 lots · lightest first
Bulls600–650Medium and Large 1-2630400.00/cwt400.00–400.002,5201
Bulls650–700Medium and Large 1-2685365.00/cwt365.00–365.002,5001
Bulls850–900Medium and Large 1865330.00/cwt330.00–330.002,8551
Bulls900–950Medium and Large 1-2925315.00/cwt315.00–315.002,9142
Bulls900–950Medium and Large 1935330.00/cwt330.00–330.003,0863
Bulls1000–1050Medium and Large 11,020297.50/cwt297.50–297.503,0351
Bulls1050–1100Large 11,050300.00/cwt300.00–300.003,1501
Bulls1100–1150Large 11,111270.00/cwt270.00–270.003,0004
Bulls1150–1200Large 11,171275.00/cwt275.00–275.003,2204
Bulls1200–1250Large 11,225260.00/cwt260.00–260.003,1851
Bulls1300–1350Large 11,305236.00/cwt236.00–236.003,0802
Slaughter Cattle · Bulls7 lots · lightest first
Bulls——Return to Feed1,485204.28/cwt195.00–209.503,0345
Bulls——Return to Feed1,552216.17/cwt212.00–220.003,35522
Bulls——1,687209.91/cwt208.00–212.003,5414
Bulls——1,716204.82/cwt190.00–208.503,5156
Bulls——2,008215.15/cwt209.00–221.004,32030
Bulls——2,139229.81/cwt224.00–242.004,91620
Bulls——Heavy Weight2,510251.00/cwt251.00–251.006,3001
Slaughter Cattle · Cows18 lots · lightest first
Cows—Lean 85-90%Light Weight770110.00/cwt110.00–110.008472
Cows—Lean 85-90%Light Weight975130.00/cwt130.00–130.001,2681
Cows—Lean 85-90%1,094112.53/cwt95.00–127.001,2315
Cows—Lean 85-90%1,152141.90/cwt130.00–150.001,63512
Cows—Lean 85-90%Return to Feed1,176154.71/cwt142.50–165.001,8194
Cows—Lean 85-90%1,179152.78/cwt147.50–160.001,80113
Cows—Lean 85-90%Return to Feed1,195182.44/cwt176.00–185.502,1808
Cows—Boner 80-85%1,358147.24/cwt142.50–152.002,0002
Cows—Boner 80-85%1,379160.85/cwt153.00–166.002,21821
Cows—Boner 80-85%Return to Feed1,403167.39/cwt157.00–175.002,34824
Cows—Boner 80-85%Return to Feed1,418188.22/cwt178.00–193.502,669108
Cows—Boner 80-85%Return to Feed1,443181.85/cwt176.00–185.502,62448
Cows—Boner 80-85%1,490169.00/cwt169.00–169.002,5181
Cows—Breaker 75-80%Return to Feed1,525183.13/cwt179.00–186.002,7939
Cows—Breaker 75-80%Return to Feed1,599162.65/cwt162.00–164.002,6013
Cows—Breaker 75-80%Return to Feed1,643169.25/cwt169.00–170.002,7814
Cows—Breaker 75-80%1,719166.06/cwt165.00–171.002,85515
Cows—Breaker 75-80%1,776160.67/cwt154.00–164.502,85313
Slaughter Cattle · Dairy Cows1 lot · lightest first
Dairy Cows—Lean 85-90%1,135130.00/cwt130.00–130.001,4761
Replacement Cattle · Bulls1 lot · lightest first
Bulls—Medium and Large 11,850221.00/cwt221.00–221.004,0891
Replacement Cattle · Stock Cows11 lots · lightest first
Stock Cows—Medium and Large 1Thin Fleshed839319.00/cwt319.00–319.002,6769
Stock Cows—Medium 1850309.79/cwt305.00–315.002,6332
Stock Cows—Medium 1880311.20/cwt302.50–320.002,7392
Stock Cows—Large 11,015277.50/cwt277.50–277.502,8171
Stock Cows—Medium and Large 1-21,051233.25/cwt192.00–287.502,45112
Stock Cows—Medium and Large 11,068280.52/cwt222.00–337.502,99624
Stock Cows—Medium and Large 1-21,089248.64/cwt227.50–272.502,7085
Stock Cows—Medium and Large 11,135195.00/cwt195.00–195.002,2131
Stock Cows—Medium and Large 11,152244.82/cwt190.00–305.002,82036
Stock Cows—Large 11,165197.18/cwt195.00–199.002,2972
Stock Cows—Medium and Large 1Fleshy1,730206.00/cwt206.00–206.003,5641
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 11,1733,900.00/head3,900.00–3,900.003,9002
Bred Cows—Medium and Large 1Broken Mouth1,4242,668.15/head2,600.00–2,675.002,66837
Bred Cows—Medium and Large 1Broken Mouth1,4353,100.00/head3,100.00–3,100.003,1001
Replacement Cattle · Bred Heifers1 lot · lightest first
Bred Heifers—Medium and Large 11,0683,500.00/head3,500.00–3,500.003,5002
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 1-21,5133,900.00/head3,900.00–3,900.003,9006

This sale against other markets

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.