Sale reports / Montana / Billings Livestock Commission / 2022-09-15

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Sep 15
● Final76 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
506 head
▼ 1,005 vs last sale 1,511▼ 720 vs year ago 1,226 · −58.7%
Slaughter Cattle receipts
270 head
▼ 66 vs last sale 336▼ 726 vs year ago 996 · −72.9%
Replacement Cattle receipts
39 head
▼ 56 vs last sale 95▼ 635 vs year ago 674 · −94.2%
Also sold here(Mon)Mon Nov 2, 2026
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Reporter comment USDA

As filed

Compared to last week: Yearling steers were too lightly tested today to develop any market trend. Yearling heifers were too lightly tested to develop a full market comparison, however steady undertones were noticed. Steer and heifer calves were too lightly tested either this week or last week to develop an accurate market trend, however steady undertones were noticed on steers and lower undertones were noticed on heifers. Demand for yearlings was mostly moderate, while demand for calves was mostly light to moderate. Yearling quality was mixed from plain to attractive. Calf quality was mostly average to attractive. Package sizes for yearlings were mostly small this week, with many singles in the offering. Calves were offered in mostly small to moderate size packages. Several packages of fall born or very early born spring calves sold this week. These calves were weaned and were left untagged in the report below. Market activity was mostly moderate this week. Weigh up cows sold on mostly light to moderate demand and offerings. Demand for slaughter cows was much lighter this week. Slaughter cows sold mostly 2.00-4.00 lower on lean and boning cows. Breaking cows were too lightly tested to develop an accurate market trend, however weak undertones were noticed. Feeding cows sold mostly 1.00-3.00 lower. Fewer feeding cow buyers were seen this week and with lighter demand seen from packers all cow prices softened. Slaughter bulls sold mostly 4.00-6.00 lower. Young age cows suitable to feed or rebreed sold on mostly moderate to good demand for light offerings. Quality this week was mostly average to attractive, however offerings were limited. Steady undertones were noticed.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $168.32/cwt on 225 head.
Average price
$168.32
225 head · 722 lb average
Value per head Derived
$1,215
Price × average weight ÷ 100
Grade differential Derived
−$618
per head · Medium 1 over Large 1
$19.51/cwt at this weight
vs the market
+0.03
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1544173.7794515thin
Medium and Large 1690170.441,177177
Medium and Large 1-2810155.291,2587thin
Large 11,013154.251,56326
One grade step is worth $19.51/cwt here — about −$618 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 sale225 hd
168.32
—
MT average3 barns · 1,058 hd
168.29
+0.03
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—High1,77197.001,71872
CowsBreaker 75-80%Low1,56687.331,36810
CowsBoner 80-85%Low1,43881.761,17693
CowsLean 85-90%Low1,16273.0184933

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 Cows1st Stage (1-3 mo)Young (2-4 yrs)1,192$1,2427
Bred Heifers1st Stage (1-3 mo)(<2 yrs)1,018$1,4502thin

Every lot

76 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 · Steers11 lots · lightest first
Steers—Medium and Large 1Unweaned315240.00/cwt240.00–240.007561
Steers—Medium and Large 1-2Unweaned345215.00/cwt215.00–215.007423
Steers—Medium and Large 1Unweaned393223.45/cwt220.00–224.008787
Steers—Medium and Large 1-2Unweaned445204.00/cwt204.00–204.009083
Steers—Medium and Large 1Unweaned477222.00/cwt222.00–222.001,0598
Steers—Medium and Large 1Unweaned513202.65/cwt189.00–206.001,04036
Steers—Medium and Large 1Unweaned566184.00/cwt184.00–184.001,0415
Steers—Medium and Large 1Unweaned609171.01/cwt170.00–172.001,0414
Steers—Medium and Large 1Unweaned700164.00/cwt164.00–164.001,1482
Steers—Medium and Large 1799180.00/cwt180.00–180.001,4388
Steers—Large 11,158146.50/cwt146.50–146.501,6962
Feeder Cattle · Heifers25 lots · lightest first
Heifers—Medium 1Unweaned350180.00/cwt180.00–180.006305
Heifers—Medium and Large 1Unweaned374191.46/cwt180.00–195.007165
Heifers—Medium and Large 1Unweaned430182.23/cwt176.00–191.0078423
Heifers—Medium 1Unweaned463155.00/cwt155.00–155.007182
Heifers—Medium and Large 1Unweaned517165.45/cwt160.00–166.0085525
Heifers—Medium and Large 1Unweaned551158.43/cwt155.00–161.008737
Heifers—Medium and Large 1565168.00/cwt168.00–168.009493
Heifers—Medium and Large 1Unweaned628153.00/cwt153.00–153.009613
Heifers—Medium and Large 1Unweaned680152.00/cwt152.00–152.001,0345
Heifers—Medium 1685174.56/cwt174.00–175.501,1968
Heifers—Medium and Large 1-2703162.00/cwt162.00–162.001,1392
Heifers—Medium and Large 1708179.50/cwt179.50–179.501,27116
Heifers—Medium and Large 1779174.89/cwt170.50–175.001,36241
Heifers—Medium and Large 1-2788155.00/cwt155.00–155.001,2212
Heifers—Medium and Large 1816168.17/cwt165.00–169.001,3725
Heifers—Large 1843162.00/cwt162.00–162.001,3664
Heifers—Medium and Large 1859169.77/cwt169.50–170.001,45822
Heifers—Medium and Large 1Full881155.76/cwt151.00–161.001,37210
Heifers—Medium and Large 1-2897151.00/cwt151.00–151.001,3543
Heifers—Large 1936154.00/cwt154.00–154.001,4414
Heifers—Medium and Large 1937163.89/cwt162.00–164.501,5364
Heifers—Medium and Large 1Full985152.50/cwt152.50–152.501,5028
Heifers—Large 1Replacement1,013158.26/cwt157.50–160.501,60312
Heifers—Large 11,097151.50/cwt151.50–151.501,6623
Heifers—Large 1Fleshy1,260131.00/cwt131.00–131.001,6513
Feeder Cattle · Bulls11 lots · lightest first
Bulls—Medium and Large 1Unweaned298235.00/cwt235.00–235.007003
Bulls—Medium and Large 1507162.00/cwt162.00–162.008213
Bulls—Medium and Large 1Unweaned535154.00/cwt154.00–154.008242
Bulls—Medium and Large 1584162.00/cwt162.00–162.009464
Bulls—Medium and Large 1648158.63/cwt150.00–160.001,02851
Bulls—Medium and Large 1755157.00/cwt157.00–157.001,1855
Bulls—Medium and Large 1873150.00/cwt150.00–150.001,3109
Bulls—Medium and Large 1945139.00/cwt139.00–139.001,3143
Bulls—Medium and Large 1Fancy965148.00/cwt148.00–148.001,4281
Bulls—Large 11,068117.00/cwt117.00–117.001,2502
Bulls—Large 11,231109.75/cwt108.50–113.001,3517
Feeder Cattle · Dairy Heifers2 lots · lightest first
Dairy Heifers—Large 2510147.50/cwt147.50–147.507524
Dairy Heifers—Large 2724137.50/cwt137.50–137.509965
Slaughter Cattle · Bulls8 lots · lightest first
Bulls——Return to Feed1,252105.99/cwt104.00–107.001,3273
Bulls——Return to Feed1,34592.00/cwt92.00–92.001,2371
Bulls——1,50584.67/cwt78.00–90.001,27411
Bulls——1,75596.77/cwt92.00–102.001,69838
Bulls——1,917106.11/cwt104.00–114.002,03413
Bulls——2,228103.72/cwt103.50–104.002,3112
Bulls——2,40396.29/cwt94.00–98.002,3143
Bulls——Heavy Weight2,60090.00/cwt90.00–90.002,3401
Slaughter Cattle · Cows14 lots · lightest first
Cows—Lean 85-90%1,00056.00/cwt56.00–56.005601
Cows—Lean 85-90%Return to Feed1,02581.00/cwt81.00–81.008301
Cows—Lean 85-90%Return to Feed1,14473.05/cwt70.00–78.508367
Cows—Lean 85-90%1,17372.48/cwt64.00–77.0085020
Cows—Lean 85-90%1,21577.88/cwt77.50–78.009464
Cows—Boner 80-85%Return to Feed1,36178.61/cwt78.50–79.001,0705
Cows—Boner 80-85%Return to Feed1,40383.84/cwt80.00–88.001,17621
Cows—Boner 80-85%1,45182.45/cwt80.00–86.501,19636
Cows—Boner 80-85%1,45378.11/cwt72.00–80.001,13525
Cows—Breaker 75-80%1,47593.00/cwt93.00–93.001,3721
Cows—Boner 80-85%1,48288.14/cwt87.00–89.001,3066
Cows—Breaker 75-80%Return to Feed1,51585.00/cwt85.00–85.001,2881
Cows—Breaker 75-80%1,53989.29/cwt88.00–90.501,3745
Cows—Breaker 75-80%1,65882.96/cwt82.00–85.501,3753
Replacement Cattle · Stock Cows3 lots · lightest first
Stock Cows—Medium and Large 11,11494.00/cwt89.00–100.001,0475
Stock Cows—Medium and Large 11,163100.33/cwt94.00–104.001,16715
Stock Cows—Large 11,21895.50/cwt95.50–95.501,1632
Replacement Cattle · Bred Heifers1 lot · lightest first
Bred Heifers—Medium and Large 11,0181,450.00/head1,450.00–1,450.001,4502
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 11,1921,242.31/head1,225.00–1,250.001,2427

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.