Sale reports / Montana / Billings Livestock Commission / 2021-03-04

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Mar 4
● Final93 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
2,106 head
▲ 1,352 vs last sale 754▲ 1,490 vs year ago 616 · +241.9%
Slaughter Cattle receipts
560 head
▲ 105 vs last sale 455▲ 355 vs year ago 205 · +173.2%
Replacement Cattle receipts
153 head
▼ 137 vs last sale 290▲ 15 vs year ago 138 · +10.9%
Also sold here(Mon)Mon Nov 2, 2026
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Reporter comment USDA

As filed

Compared to two weeks ago: No sale was held last week so all comparisons are to two weeks ago. The best test for steers was for 650-699 lbs which sold mostly 5.00 higher. All other weights of steers were too lightly tested to develop an accurate market trend, however steady to higher undertones were noticed. Feeder heifers under 650 lbs sold mostly 3.00-6.00 higher, heifers over 650 lbs sold generally steady. Quality this week was average to attractive. Demand was mostly good to very good for cattle suitable to go to grass and moderate for cattle destined for feed lots. CME feeder cattle contracts traded sharply lower today, however demand continues to be be strong. Canadian buyers competing with local ranchers continues to be the driving force behind the higher grass cattle market. Cattle continue to be very green with several consignments of calves selling with a premium for condition. Market activity this week was mostly active. Weigh up cows sold on mostly moderate demand for moderate to heavy offerings. The last sale occurred in the heart of the storm market and cow prices for all other sales adjusted lower last week. Slaughter cows sold mostly 3.00-4.00 lower compared to two weeks ago. Feeding cows were too lightly tested to develop any market trend. Packers opted to send the majority of the cow offering to feed this week as they only sent cows to slaughter that were not suitable to feed. A few sets of thin cows were purchased by feeding buyers this week. Feeding buyers pushed thin cows well beyond where packers were willing to purchase them for harvest. Slaughter bulls were too lightly tested last week to develop an accurate market trend, however steady to weak undertones were noticed. Young age cows suitable to rebreed sold on mostly moderate to good demand this week. Most of these offerings were average to attractive in quality and many had freshly lost calves.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $151.21/cwt on 1,011 head.
Average price
$151.21
1,011 head · 570 lb average
Value per head Derived
$861
Price × average weight ÷ 100
Grade differential Derived
$240
per head · Medium and Large 1 over Medium and Large 2
$11.67/cwt at this weight
vs the market
−2.66
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1574152.17873874
Medium 1534149.6079856
Large 1614143.798837thin
Medium and Large 1-2571142.0781160
Medium and Large 2450140.5063214thin
One grade step is worth $11.67/cwt here — about $240 a head. Across this sale the premium is widest at 0–100 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 0–100 lb

Same class and week · spot auction only
This sale1,011 hd
151.21
—
MT average4 barns · 3,769 hd
153.86
−2.66
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

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—Average1,90181.711,55430
CowsBreaker 75-80%Low1,66761.311,02232
CowsBoner 80-85%Low1,40559.4883684
CowsLean 85-90%Low1,15253.58617292

Every lot

93 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 · Steers28 lots · lightest first
Steers—Medium and Large 1-2350181.00/cwt181.00–181.0063413
Steers—Medium and Large 1390199.00/cwt199.00–199.007766
Steers—Medium and Large 1404201.88/cwt201.00–202.008168
Steers—Medium and Large 1-2427184.33/cwt183.00–186.007877
Steers—Medium 1432184.00/cwt184.00–184.007955
Steers—Medium and Large 1-2467180.42/cwt179.00–182.0084330
Steers—Large 2478152.50/cwt152.50–152.5072910
Steers—Medium and Large 1494194.00/cwt194.00–194.0095814
Steers—Large 1-2502168.00/cwt168.00–168.008433
Steers—Medium and Large 1-2526175.62/cwt173.00–180.0092412
Steers—Medium 1530172.20/cwt171.00–173.009135
Steers—Medium and Large 1536185.30/cwt178.00–187.0099342
Steers—Large 1-2556140.00/cwt140.00–140.0077829
Steers—Medium and Large 1-2564164.15/cwt154.00–171.0092626
Steers—Medium and Large 1584172.49/cwt169.00–174.001,00788
Steers—Medium and Large 1Thin Fleshed607171.00/cwt171.00–171.001,03813
Steers—Large 1608157.00/cwt157.00–157.009559
Steers—Medium and Large 1-2613153.48/cwt148.50–159.5094125
Steers—Large 1-2616135.00/cwt135.00–135.0083214
Steers—Medium and Large 1624163.97/cwt157.00–168.001,023112
Steers—Medium and Large 1671150.74/cwt147.50–154.001,011115
Steers—Medium and Large 1-2675136.00/cwt136.00–136.009181
Steers—Medium and Large 1728145.51/cwt145.00–148.001,05934
Steers—Medium and Large 1764140.16/cwt137.00–141.001,07129
Steers—Medium and Large 1843135.50/cwt135.50–135.501,1425
Steers—Medium and Large 1857131.88/cwt130.00–132.001,13035
Steers—Medium and Large 1Thin Fleshed904134.90/cwt134.50–136.001,21915
Steers—Medium and Large 1988123.50/cwt123.50–123.501,2203
Feeder Cattle · Heifers29 lots · lightest first
Heifers—Medium and Large 1-2336160.00/cwt160.00–160.005388
Heifers—Medium and Large 1397167.08/cwt167.00–167.5066325
Heifers—Medium and Large 1-2409160.35/cwt155.00–164.006565
Heifers—Medium and Large 2420143.50/cwt143.50–143.506037
Heifers—Medium 1421164.11/cwt162.00–165.0069117
Heifers—Medium and Large 1430165.63/cwt165.00–167.0071266
Heifers—Medium and Large 1Unweaned457161.00/cwt161.00–161.007363
Heifers—Medium and Large 1-2480152.38/cwt149.00–156.007318
Heifers—Medium and Large 2480137.50/cwt137.50–137.506607
Heifers—Medium and Large 1485164.63/cwt159.00–166.75798108
Heifers—Large 1514156.00/cwt156.00–156.008024
Heifers—Medium and Large 1519162.52/cwt155.00–166.50843150
Heifers—Medium 1543148.00/cwt148.00–148.0080430
Heifers—Medium and Large 1569155.01/cwt153.00–159.00882136
Heifers—Medium and Large 1-2581143.00/cwt143.00–143.008318
Heifers—Medium and Large 1Thin Fleshed600152.00/cwt152.00–152.0091214
Heifers—Medium and Large 1624144.74/cwt139.00–146.50903249
Heifers—Medium and Large 1Fleshy638136.00/cwt136.00–136.008688
Heifers—Medium and Large 1-2642136.63/cwt131.00–137.0087715
Heifers—Medium and Large 1-2668131.00/cwt131.00–131.008756
Heifers—Medium and Large 1690134.26/cwt132.00–136.0092641
Heifers—Medium 1716127.50/cwt127.50–127.509139
Heifers—Medium and Large 1-2721124.00/cwt124.00–124.008946
Heifers—Medium and Large 1724129.95/cwt129.00–132.0094133
Heifers—Large 1747127.50/cwt127.50–127.509523
Heifers—Medium and Large 1-2768125.00/cwt125.00–125.009604
Heifers—Medium and Large 1776126.31/cwt126.00–128.0098032
Heifers—Medium and Large 1815128.00/cwt128.00–128.001,0432
Heifers—Medium and Large 1920116.50/cwt116.50–116.501,0727
Feeder Cattle · Bulls10 lots · lightest first
Bulls—Medium and Large 1424198.29/cwt195.00–200.008413
Bulls—Medium and Large 1-2510162.50/cwt162.50–162.508291
Bulls—Medium and Large 1532163.15/cwt162.00–165.008685
Bulls—Medium and Large 1560159.00/cwt159.00–159.008902
Bulls—Medium and Large 1610142.00/cwt142.00–142.008664
Bulls—Medium and Large 1656136.80/cwt130.00–140.0089725
Bulls—Medium and Large 1-2695128.00/cwt128.00–128.008901
Bulls—Medium and Large 1830123.50/cwt123.50–123.501,0252
Bulls—Medium and Large 1878121.34/cwt121.00–122.001,0653
Bulls—Large 11,053113.00/cwt113.00–113.001,1902
Slaughter Cattle · Bulls4 lots · lightest first
Bulls——1,77673.29/cwt65.00–82.001,30215
Bulls——1,84786.37/cwt84.00–88.501,5955
Bulls——2,00084.00/cwt84.00–84.001,6801
Bulls——2,12992.91/cwt90.50–94.501,9789
Slaughter Cattle · Cows16 lots · lightest first
Cows—Lean 85-90%Light Weight94746.00/cwt46.00–46.004363
Cows—Lean 85-90%Light Weight97640.75/cwt40.75–40.7539817
Cows—Lean 85-90%1,10544.39/cwt43.00–46.004912
Cows—Lean 85-90%Return to Feed1,14254.60/cwt54.50–56.50624108
Cows—Lean 85-90%1,16252.71/cwt49.50–56.50612101
Cows—Lean 85-90%Return to Feed1,20557.16/cwt57.00–63.0068950
Cows—Lean 85-90%Return to Feed1,21064.50/cwt64.50–64.507801
Cows—Lean 85-90%1,25358.30/cwt56.75–62.5073010
Cows—Boner 80-85%Return to Feed1,33066.00/cwt66.00–66.008781
Cows—Boner 80-85%Return to Feed1,37761.41/cwt57.00–65.0084642
Cows—Boner 80-85%1,40759.11/cwt57.00–60.008329
Cows—Boner 80-85%1,44356.86/cwt54.00–57.0082032
Cows—Breaker 75-80%Return to Feed1,61962.68/cwt61.00–64.501,01514
Cows—Breaker 75-80%1,63557.00/cwt57.00–57.009322
Cows—Breaker 75-80%Return to Feed1,64558.73/cwt57.00–59.509666
Cows—Breaker 75-80%1,75561.80/cwt60.00–63.751,08510
Replacement Cattle · Stock Cows5 lots · lightest first
Stock Cows—Medium and Large 1Thin Fleshed84374.86/cwt61.00–79.0063123
Stock Cows—Medium and Large 1-292387.43/cwt82.00–90.008073
Stock Cows—Medium and Large 1993103.73/cwt91.00–115.001,03052
Stock Cows—Medium and Large 11,11372.33/cwt61.00–90.0080528
Stock Cows—Medium and Large 11,39662.00/cwt62.00–62.008665
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 1Thin Fleshed1,22954.00/cwt54.00–54.006647

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.