Sale reports / Montana / Billings Livestock Commission / 2022-01-27

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Jan 27
● Final71 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
737 head
▼ 2,160 vs last sale 2,897▲ 475 vs year ago 262 · +181.3%
Slaughter Cattle receipts
509 head
▲ 308 vs last sale 201▲ 174 vs year ago 335 · +51.9%
Replacement Cattle receipts
161 head
▲ 31 vs last sale 130▼ 29 vs year ago 190 · −15.3%
Also sold here(Mon)Mon Nov 2, 2026
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Reporter comment USDA

As filed

Compared to last week: All feeder cattle were too lightly tested this week to develop an accurate market trend, lower undertones were noticed on a significantly lower quality offering. Quality this week was mostly plain. Calves were offered in mostly small packages with many singles in the offering. CME positions sold off again today and spent much of the week in the red. Lower quality coupled with lower CME positions pushed all feeder prices lower. Fewer buyers were on hand this week as well. Market activity was mostly slow to moderate. Weigh up cows sold on mostly good to very good demand for light to moderate offerings. Packer buyers showed very good demand for slaughter cows this week. Packers pushed to own the majority of the cows in the offering as they pushed cow prices sharply higher. Slaughter cows sold mostly 4.00-6.00 higher on all classes. Feeding cows were too lightly tested to trend, higher undertones were noticed. Slaughter bulls sold steady to 2.00 higher. Young age cows suitable to feed or rebreed were too lightly tested last week to develop an accurate market comparison, however higher undertones were noticed. Quality this week was mostly average and better than last week. Demand for young age cows was mostly moderate.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $158.40/cwt on 249 head.
Average price
$158.40
249 head · 510 lb average
Value per head Derived
$808
Price × average weight ÷ 100
Grade differential Derived
−$735
per head · Medium 1 over Large 1
$38.40/cwt at this weight
vs the market
−3.09
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1382169.4064728
Medium and Large 1572160.29917109
Medium and Large 1-2508155.7579179
Medium 1-2362151.7554926
Large 1-2563141.007946thin
Large 11,055131.001,3821thin
One grade step is worth $38.40/cwt here — about −$735 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 sale249 hd
158.40
—
MT average3 barns · 1,549 hd
161.49
−3.09
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—Average1,71881.731,40481
CowsBreaker 75-80%Average1,57068.411,07451
CowsBoner 80-85%Average1,40564.47906170
CowsLean 85-90%Low1,20657.78697122

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 · Steers15 lots · lightest first
Steers—Medium and Large 1-2361203.75/cwt200.00–206.007367
Steers—Medium and Large 1375217.00/cwt217.00–217.0081410
Steers—Medium and Large 1-2408193.96/cwt190.00–205.007914
Steers—Medium and Large 1432214.91/cwt212.00–218.0092826
Steers—Medium and Large 1483205.96/cwt204.00–213.0099513
Steers—Medium and Large 1-2483193.93/cwt192.00–197.5093719
Steers—Medium and Large 1533195.00/cwt195.00–195.001,0398
Steers—Medium and Large 1-2535181.00/cwt181.00–181.009684
Steers—Medium and Large 1-2560162.44/cwt157.00–170.009107
Steers—Medium and Large 1604178.50/cwt178.50–178.501,0789
Steers—Medium and Large 1-2626162.99/cwt160.00–168.001,02022
Steers—Medium and Large 1669164.27/cwt161.00–167.001,09911
Steers—Large 1-2676152.00/cwt152.00–152.001,02851
Steers—Medium and Large 1-2677159.00/cwt159.00–159.001,0765
Steers—Medium 1695145.00/cwt145.00–145.001,0081
Feeder Cattle · Heifers21 lots · lightest first
Heifers—Medium 1-2342152.50/cwt152.50–152.5052213
Heifers—Medium 1382169.40/cwt165.00–174.0064728
Heifers—Medium 1-2382151.00/cwt151.00–151.0057713
Heifers—Medium and Large 1-2392170.00/cwt170.00–170.006669
Heifers—Medium and Large 1-2406167.82/cwt165.00–170.0068129
Heifers—Medium and Large 1460174.49/cwt170.00–175.0080335
Heifers—Medium and Large 1-2491163.00/cwt163.00–163.008005
Heifers—Medium and Large 1-2508152.84/cwt152.00–154.007767
Heifers—Medium and Large 1526160.00/cwt160.00–160.0084213
Heifers—Large 1-2563141.00/cwt141.00–141.007946
Heifers—Medium and Large 1-2573144.00/cwt144.00–144.008259
Heifers—Medium and Large 1587161.42/cwt160.00–163.0094825
Heifers—Medium and Large 1-2Unweaned588134.00/cwt134.00–134.007885
Heifers—Medium and Large 1Unweaned602145.00/cwt145.00–145.008737
Heifers—Medium and Large 1-2607142.67/cwt140.00–144.008663
Heifers—Medium and Large 1610150.99/cwt150.00–152.509215
Heifers—Medium and Large 1655150.34/cwt149.50–151.0098516
Heifers—Medium and Large 1-2670139.00/cwt139.00–139.009313
Heifers—Medium and Large 1-2765134.64/cwt133.00–136.001,0309
Heifers—Medium and Large 1871134.19/cwt134.00–134.501,1698
Heifers—Large 11,055131.00/cwt131.00–131.001,3821
Feeder Cattle · Bulls14 lots · lightest first
Bulls—Medium 1393185.00/cwt185.00–185.007273
Bulls—Medium and Large 1399200.00/cwt200.00–200.007986
Bulls—Medium and Large 1-2490158.63/cwt150.00–163.007773
Bulls—Medium and Large 1589151.00/cwt151.00–151.008895
Bulls—Medium and Large 1605151.00/cwt151.00–151.0091423
Bulls—Medium and Large 1688138.00/cwt138.00–138.009495
Bulls—Medium and Large 1-2690131.00/cwt131.00–131.009042
Bulls—Medium and Large 1703139.00/cwt139.00–139.0097714
Bulls—Medium and Large 1-2770125.00/cwt125.00–125.009633
Bulls—Medium and Large 1805121.00/cwt121.00–121.009743
Bulls—Medium and Large 1924115.00/cwt115.00–115.001,0637
Bulls—Medium and Large 1-2938101.00/cwt101.00–101.009474
Bulls—Medium and Large 1990110.00/cwt110.00–110.001,0897
Bulls—Large 11,110100.00/cwt100.00–100.001,1101
Slaughter Cattle · Bulls6 lots · lightest first
Bulls——Return to Feed1,27185.84/cwt85.00–86.001,0916
Bulls——Return to Feed1,52977.00/cwt77.00–77.001,1778
Bulls——1,69278.35/cwt72.00–82.001,32637
Bulls——1,75784.12/cwt82.00–88.501,47821
Bulls——2,07994.50/cwt92.00–97.501,9657
Bulls——Heavy Weight2,62580.97/cwt80.00–82.002,1252
Slaughter Cattle · Cows10 lots · lightest first
Cows—Lean 85-90%1,19254.20/cwt47.00–58.5064667
Cows—Lean 85-90%1,22262.15/cwt58.50–68.5075955
Cows—Boner 80-85%1,29458.74/cwt57.00–59.5076014
Cows—Boner 80-85%1,41063.86/cwt59.50–67.00900119
Cows—Boner 80-85%Return to Feed1,41767.08/cwt63.50–68.5095120
Cows—Boner 80-85%Return to Feed1,44470.50/cwt70.50–70.501,01816
Cows—Breaker 75-80%Return to Feed1,48868.89/cwt68.75–70.001,02531
Cows—Boner 80-85%1,54068.00/cwt68.00–68.001,0471
Cows—Breaker 75-80%1,65266.60/cwt65.00–67.001,10013
Cows—Breaker 75-80%1,77969.62/cwt67.50–71.501,2397
Replacement Cattle · Stock Cows5 lots · lightest first
Stock Cows—Medium and Large 1Thin Fleshed74480.22/cwt80.00–82.005979
Stock Cows—Medium and Large 1-278085.00/cwt85.00–85.006631
Stock Cows—Medium and Large 1-293352.00/cwt52.00–52.004855
Stock Cows—Medium and Large 195792.54/cwt73.00–103.00886101
Stock Cows—Medium and Large 11,12772.02/cwt60.00–85.0081231

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.