Sale reports / Montana / Billings Livestock Commission / 2022-02-03

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Feb 3
● Final80 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
2,236 head
▲ 1,499 vs last sale 737▼ 2,503 vs year ago 4,739 · −52.8%
Slaughter Cattle receipts
390 head
▼ 119 vs last sale 509▼ 132 vs year ago 522 · −25.3%
Replacement Cattle receipts
135 head
▼ 26 vs last sale 161▼ 78 vs year ago 213 · −36.6%
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 last week to develop an accurate market trend, higher undertones were noticed on both steers and heifers. Quality this week was mixed from plain to attractive. Calves were offered in mostly moderate size packages. A few light load lots were on offer as well and these were met with very good demand. Most calves were backgrounded and long weaned. A few bigger calves were starting to show some flesh, however quality on calves over 700 lbs was very attractive and buyers showed good demand as a result. CME positions were higher most of the week and buyers showed good demand for all feeders on offer. A large crowd was on hand for todays sale and both order buyers and ranchers were actively bidding on offerings. The best demand was for cattle suitable to develop into yearlings. Buyers purchased steers up to 660 lbs and heifers up to 625 lbs to run on grass. 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 again this week. Slaughter cows sold sharply higher with most sales 6.00-9.00 higher on all classes. Slaughter bulls sold sharply higher, with most sales 13.00-17.00 higher. Young age cows suitable to feed or rebreed sold generally steady. 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

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $178.85/cwt on 901 head.
Average price
$178.85
901 head · 652 lb average
Value per head Derived
$1,166
Price × average weight ÷ 100
Grade differential Derived
−$199
per head · Medium 1 over Medium and Large 1-2
$41.32/cwt at this weight
vs the market
−4.06
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1407210.9685813thin
Medium and Large 1666180.131,200738
Medium 1-2303170.005158thin
Large 1620169.821,05481
Medium and Large 1-2623169.641,05861
One grade step is worth $41.32/cwt here — about −$199 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 sale901 hd
178.85
—
MT average2 barns · 1,655 hd
182.91
−4.06
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—Average1,76197.111,71035
CowsBoner 80-85%Low1,36371.64977135
CowsLean 85-90%Low1,14465.69752109

Every lot

80 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 · Steers27 lots · lightest first
Steers—Medium 1-2303170.00/cwt170.00–170.005158
Steers—Medium 1396212.00/cwt212.00–212.0084010
Steers—Medium and Large 1410214.29/cwt212.50–216.0087910
Steers—Medium 1443207.50/cwt207.50–207.509193
Steers—Medium and Large 1-2464198.00/cwt198.00–198.009194
Steers—Medium and Large 1467210.78/cwt210.50–211.0098440
Steers—Large 1512193.00/cwt193.00–193.0098825
Steers—Medium and Large 1-2528188.33/cwt183.00–190.009948
Steers—Medium and Large 1530205.11/cwt192.00–208.001,08797
Steers—Medium and Large 1-2564180.00/cwt180.00–180.001,01515
Steers—Medium and Large 1567193.40/cwt185.00–199.001,097131
Steers—Medium and Large 1Unweaned569188.00/cwt188.00–188.001,0704
Steers—Medium and Large 1619180.67/cwt176.00–186.001,118113
Steers—Large 1620163.19/cwt163.00–166.001,01245
Steers—Medium and Large 1Fleshy649165.50/cwt165.50–165.501,0745
Steers—Medium and Large 1674179.16/cwt177.00–180.001,20894
Steers—Medium and Large 1-2674160.01/cwt155.00–168.001,07827
Steers—Medium and Large 1Fleshy684168.00/cwt168.00–168.001,14913
Steers—Medium and Large 1713162.95/cwt162.50–164.001,16240
Steers—Medium and Large 1-2715147.00/cwt147.00–147.001,0513
Steers—Medium and Large 1771155.87/cwt150.00–158.001,20231
Steers—Large 1786149.00/cwt149.00–149.001,1717
Steers—Medium and Large 1-2786147.00/cwt147.00–147.001,1554
Steers—Medium and Large 1881158.06/cwt149.00–159.001,393123
Steers—Medium and Large 1Fleshy887143.50/cwt143.50–143.501,27319
Steers—Medium and Large 1979144.08/cwt143.00–144.501,41118
Steers—Large 11,014136.00/cwt136.00–136.001,3794
Feeder Cattle · Heifers26 lots · lightest first
Heifers—Medium and Large 1-2313172.00/cwt172.00–172.005383
Heifers—Medium 1-2322160.00/cwt160.00–160.0051510
Heifers—Medium and Large 1-2367169.74/cwt167.50–175.0062310
Heifers—Medium and Large 1386186.27/cwt180.00–187.0071928
Heifers—Medium 1403152.39/cwt150.00–156.0061410
Heifers—Medium and Large 1Unweaned413182.00/cwt182.00–182.007528
Heifers—Medium and Large 1-2432178.10/cwt175.00–179.007699
Heifers—Medium and Large 1439183.93/cwt183.00–188.0080742
Heifers—Medium and Large 1456182.00/cwt182.00–182.008304
Heifers—Large 1461165.00/cwt165.00–165.0076130
Heifers—Medium and Large 1-2479167.34/cwt167.00–168.008029
Heifers—Medium and Large 1-2505168.73/cwt167.00–170.008527
Heifers—Medium and Large 1Unweaned516173.12/cwt172.00–173.5089336
Heifers—Medium 1-2517141.00/cwt141.00–141.0072914
Heifers—Medium and Large 1526179.00/cwt173.00–186.50942126
Heifers—Large 1537160.00/cwt160.00–160.0085910
Heifers—Medium and Large 1577170.85/cwt161.50–176.00986179
Heifers—Large 1581152.00/cwt152.00–152.008835
Heifers—Medium and Large 1Unweaned621157.96/cwt152.00–158.5098148
Heifers—Medium and Large 1-2624153.00/cwt153.00–153.0095520
Heifers—Medium and Large 1627161.00/cwt157.00–162.251,009127
Heifers—Medium and Large 1658157.54/cwt149.50–161.501,03730
Heifers—Large 1702136.00/cwt136.00–136.009552
Heifers—Medium and Large 1726145.50/cwt145.50–145.501,05653
Heifers—Medium and Large 1-2780135.00/cwt135.00–135.001,0534
Heifers—Medium and Large 1898134.82/cwt134.00–135.001,21111
Feeder Cattle · Bulls6 lots · lightest first
Bulls—Medium and Large 1435193.92/cwt190.00–195.0084414
Bulls—Medium and Large 1533168.00/cwt168.00–168.008953
Bulls—Medium and Large 1568176.00/cwt176.00–176.001,0006
Bulls—Medium and Large 1635151.00/cwt151.00–151.009591
Bulls—Medium and Large 1688145.00/cwt145.00–145.009985
Bulls—Medium and Large 1751144.00/cwt144.00–144.001,0819
Slaughter Cattle · Bulls5 lots · lightest first
Bulls——Light Weight1,27077.00/cwt77.00–77.009781
Bulls——1,46695.50/cwt95.50–95.501,4004
Bulls——1,57891.43/cwt83.50–94.001,44311
Bulls——1,947101.19/cwt98.00–105.001,97017
Bulls——2,028107.00/cwt107.00–107.002,1702
Slaughter Cattle · Cows11 lots · lightest first
Cows—Lean 85-90%Light Weight94359.63/cwt55.00–62.005628
Cows—Lean 85-90%1,10961.37/cwt58.00–66.0068142
Cows—Lean 85-90%Return to Feed1,16570.50/cwt70.50–70.5082110
Cows—Lean 85-90%1,18969.10/cwt66.00–73.0082242
Cows—Lean 85-90%1,28874.00/cwt74.00–74.009536
Cows—Lean 85-90%1,30054.00/cwt54.00–54.007021
Cows—Boner 80-85%1,35871.84/cwt68.00–76.5097699
Cows—Boner 80-85%Return to Feed1,36470.29/cwt69.00–75.0095929
Cows—Boner 80-85%1,39065.00/cwt65.00–65.009042
Cows—Boner 80-85%Return to Feed1,42778.65/cwt78.00–79.001,1223
Cows—Boner 80-85%1,47877.71/cwt77.00–78.501,1492
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 11,3151,225.00/cwt1,225.00–1,225.0016,1093
Replacement Cattle · Stock Cows4 lots · lightest first
Stock Cows—Medium and Large 1Thin Fleshed76080.00/cwt80.00–80.006081
Stock Cows—Medium and Large 191590.44/cwt73.00–110.0082858
Stock Cows—Medium and Large 1-21,02075.00/cwt75.00–75.007651
Stock Cows—Medium and Large 11,08577.86/cwt71.00–83.0084512

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.