Sale reports / Montana / Billings Livestock Commission / 2021-05-20

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, May 20
● Final70 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
314 head
▼ 196 vs last sale 510▲ 122 vs year ago 192 · +63.5%
Slaughter Cattle receipts
559 head
▼ 247 vs last sale 806▲ 427 vs year ago 132 · +323.5%
Replacement Cattle receipts
505 head
▲ 161 vs last sale 344▼ 215 vs year ago 720 · −29.9%
Also sold here(Mon)Mon Nov 2, 2026
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Reporter comment USDA

As filed

Compared to last week: Feeder cattle were all too lightly tested to develop an accurate market trend, however higher undertones were noticed on steers and steady to higher undertones on heifers. Demand was mostly moderate to good. Good demand was seen for high quality, light fleshed offerings. Demand for plain or crossbred offerings was not as robust, however demand was better than last week. Corn prices have fallen sharply over the couple few weeks which has helped improve demand for feeder cattle. Quality was mostly plain to average this week. CME positions traded mostly lower today with the nearby May contract closing 0.825 lower at 135.75, while the August closed 1.80 lower at 151.075. Market activity this week was mostly moderate. Weigh up cows sold on light to moderate demand for heavy offerings. Packers opted to put the majority of the cow offering on feed this week. Heavy supplies of cows continue to be marketed as drought conditions continue across the Dakotas and western Minnesota. The cutter cow cutout continues to increase in value as retailers continue to buy ground beef for the upcoming Memorial day holiday. Packers opted only to send cows not suitable to feed to slaughter this sale. Most of these cows are destined for short term feed or a holding ration until packers can find shackle space for these cows. Slaughter cows sold mostly 1.00-3.00 lower on boning and lean cows. Breaking cows sold fully steady as very few of this class of cow is being offered across the Northern Plains due to drought. Slaughter bulls sold generally steady on a lower quality offering than was seen last week. Young age cows suitable to feed or rebreed sold steady to 5.00 lower. A heavy offering of thin or plain offerings was seen this week. While steady prices were seen on high quality cows suitable to rebreed. Feeding quality cows sold mostly lower.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $138.19/cwt on 110 head.
Average price
$138.19
110 head · 598 lb average
Value per head Derived
$826
Price × average weight ÷ 100
Grade differential Derived
$124
per head · Medium and Large 1-2 over Medium 1
$19.93/cwt at this weight
vs the market
+1.01
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2520143.9374931
Medium and Large 1655138.7290961
Medium and Large 2553127.4270413thin
Medium 1504124.006255thin
One grade step is worth $19.93/cwt here — about $124 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 sale110 hd
138.19
—
MT average3 barns · 254 hd
137.18
+1.01
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—Low1,87990.231,69534
CowsBoner 80-85%Average1,40466.32931224
CowsBreaker 75-80%High1,59866.031,05541
CowsLean 85-90%Average1,19057.93689198

Every lot

70 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 · Steers10 lots · lightest first
Steers—Medium and Large 1-2484168.99/cwt167.50–171.0081812
Steers—Medium and Large 1-2523165.00/cwt165.00–165.008636
Steers—Medium and Large 1609165.00/cwt165.00–165.001,00510
Steers—Medium 1613132.00/cwt132.00–132.008094
Steers—Medium and Large 1-2651138.88/cwt137.00–140.0090425
Steers—Medium and Large 1-2700134.00/cwt134.00–134.009382
Steers—Medium and Large 1747151.73/cwt144.00–153.001,13314
Steers—Medium and Large 1769139.50/cwt139.00–140.001,0734
Steers—Medium and Large 1962119.50/cwt119.50–119.501,15016
Steers—Large 11,255117.00/cwt117.00–117.001,4682
Feeder Cattle · Heifers13 lots · lightest first
Heifers—Medium and Large 1-2394148.00/cwt148.00–148.005836
Heifers—Medium and Large 1-2482147.00/cwt147.00–147.007099
Heifers—Medium and Large 2485134.00/cwt134.00–134.006504
Heifers—Medium 1504124.00/cwt124.00–124.006255
Heifers—Medium and Large 1-2523145.00/cwt145.00–145.007582
Heifers—Medium and Large 1567148.79/cwt146.00–150.0084417
Heifers—Medium and Large 2583124.50/cwt124.50–124.507269
Heifers—Medium and Large 1-2587141.69/cwt140.00–142.0083213
Heifers—Medium and Large 1657142.50/cwt142.50–142.5093623
Heifers—Medium and Large 1706128.53/cwt126.00–129.5090717
Heifers—Medium and Large 1-2745119.00/cwt119.00–119.008871
Heifers—Medium and Large 1760122.00/cwt122.00–122.009271
Heifers—Medium and Large 1815116.00/cwt116.00–116.009453
Feeder Cattle · Bulls5 lots · lightest first
Bulls—Medium and Large 1-2548122.50/cwt122.50–122.506715
Bulls—Medium and Large 1-2635122.00/cwt122.00–122.007752
Bulls—Medium and Large 1814113.23/cwt110.50–114.5092213
Bulls—Medium and Large 1898106.00/cwt106.00–106.009522
Bulls—Large 11,20594.00/cwt94.00–94.001,1331
Slaughter Cattle · Bulls4 lots · lightest first
Bulls——Return to Feed1,50091.00/cwt91.00–91.001,3651
Bulls——1,62278.10/cwt72.00–82.001,2676
Bulls——1,84786.90/cwt84.00–91.001,60512
Bulls——2,03297.69/cwt93.00–104.501,98515
Slaughter Cattle · Cows17 lots · lightest first
Cows—Lean 85-90%Light Weight92063.00/cwt63.00–63.005801
Cows—Lean 85-90%Light Weight92450.77/cwt48.00–55.004694
Cows—Lean 85-90%1,05042.67/cwt41.00–43.004486
Cows—Lean 85-90%1,16054.06/cwt47.00–59.0062766
Cows—Lean 85-90%Return to Feed1,20256.84/cwt55.50–58.0068321
Cows—Lean 85-90%Return to Feed1,20861.82/cwt57.50–66.0074752
Cows—Lean 85-90%Return to Feed1,22771.32/cwt69.50–73.508757
Cows—Lean 85-90%1,25460.31/cwt58.00–64.5075641
Cows—Boner 80-85%Return to Feed1,37365.58/cwt59.00–69.0090076
Cows—Boner 80-85%Return to Feed1,41472.75/cwt68.50–74.501,02982
Cows—Boner 80-85%1,41754.98/cwt51.00–58.0077916
Cows—Boner 80-85%1,42562.24/cwt60.00–65.5088722
Cows—Boner 80-85%Return to Feed1,43458.76/cwt53.50–62.0084327
Cows—Boner 80-85%1,46071.00/cwt71.00–71.001,0371
Cows—Breaker 75-80%1,53961.70/cwt60.00–63.0095019
Cows—Breaker 75-80%1,59068.41/cwt65.00–70.501,08814
Cows—Breaker 75-80%1,75372.17/cwt71.50–74.501,2658
Replacement Cattle · Cow-Calf Pairs5 lots · lightest first
Cow-Calf Pairs—Medium and Large 1-21,2281,275.00/cwt1,275.00–1,275.0015,6574
Cow-Calf Pairs—Medium and Large 1-2Thin Fleshed1,2391,150.00/cwt1,150.00–1,150.0014,2495
Cow-Calf Pairs—Medium and Large 1Thin Fleshed1,3211,216.80/cwt1,200.00–1,225.0016,0749
Cow-Calf Pairs—Medium and Large 1Thin Fleshed1,3291,100.00/cwt1,100.00–1,100.0014,6197
Cow-Calf Pairs—Medium and Large 1Thin Fleshed1,3761,350.00/cwt1,350.00–1,350.0018,57610
Replacement Cattle · Bred Cows7 lots · lightest first
Bred Cows—Medium and Large 11,109972.04/cwt900.00–975.0010,78033
Bred Cows—Medium and Large 1-21,114750.00/cwt750.00–750.008,3554
Bred Cows—Medium and Large 11,147800.00/cwt800.00–800.009,1767
Bred Cows—Medium and Large 1Thin Fleshed1,155600.00/cwt600.00–600.006,9306
Bred Cows—Medium and Large 11,1881,081.15/cwt1,050.00–1,085.0012,84418
Bred Cows—Medium and Large 1Thin Fleshed1,286800.00/cwt800.00–800.0010,2887
Bred Cows—Medium and Large 11,3621,050.00/cwt1,050.00–1,050.0014,3013
Replacement Cattle · Bred Heifers1 lot · lightest first
Bred Heifers—Medium and Large 1925950.00/cwt950.00–950.008,78816
Replacement Cattle · Stock Cows8 lots · lightest first
Stock Cows—Medium and Large 1-285572.00/cwt72.00–72.006161
Stock Cows—Medium and Large 1-2Thin Fleshed88065.00/cwt65.00–65.005721
Stock Cows—Medium and Large 1Thin Fleshed91072.00/cwt72.00–72.006551
Stock Cows—Medium and Large 196489.10/cwt63.00–103.00859195
Stock Cows—Medium and Large 1-297865.40/cwt62.00–75.006407
Stock Cows—Medium and Large 1Thin Fleshed1,02657.54/cwt51.00–70.0059017
Stock Cows—Medium and Large 1-2Thin Fleshed1,03652.00/cwt52.00–52.005397
Stock Cows—Medium and Large 11,05468.45/cwt58.00–90.0072176

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.