Sale reports / Montana / Billings Livestock Commission / 2022-10-06

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Oct 6
● Final85 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
908 head
▼ 2,875 vs last sale 3,783▼ 4,199 vs year ago 5,107 · −82.2%
Slaughter Cattle receipts
725 head
▲ 725 vs last sale 0▲ 247 vs year ago 478 · +51.7%
Replacement Cattle receipts
259 head
▲ 259 vs last sale 0▼ 196 vs year ago 455 · −43.1%
Also sold here(Mon)Mon Nov 2, 2026
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Reporter comment USDA

As filed

Compared to last week: Yearling steers sold fully steady in a very narrow comparison. Yearling heifers under 950 lbs sold mostly 1.00-3.00 higher, yearling heifers over 950 lbs sold 3.00-5.00 higher in a narrow comparison. Steer calves sold generally steady on all offerings. Heifer calves sold mostly 5.00-10.00 higher. Demand for all feeders was moderate to good this sale. A large crowd was on hand for todays sale. Demand for light weight yearlings remains the strongest as feeders are attempting to finish cattle late in the first quarter of next year or early in the second quarter against the April contract. Quality today was mixed from plain to attractive. Many small to moderate size packages were seen this sale, however demand remained good throughout the sale as buyers tried to fill loads. Market activity was mostly moderate to active this week. Weigh up cows sold on mostly light to moderate demand for heavy offerings. Weigh up cows were not reported last sale due to limited market reporter coverage, thus no trend is available. Quality this week was mostly average to attractive. Packers opted to feed many sets of cows this sale as slaughter demand was lighter from eastern packers. Young age cow quality was mostly attractive this week. Several buyers were active in purchasing this class of cow. Demand was moderate to good.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $172.36/cwt on 470 head.
Average price
$172.36
470 head · 727 lb average
Value per head Derived
$1,253
Price × average weight ÷ 100
Grade differential Derived
−$1,084
per head · Medium and Large 1-2 over Large 1
$28.75/cwt at this weight
vs the market
+0.93
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2303183.5055646
Medium and Large 1717174.701,252346
Medium 1754160.101,20710thin
Large 11,060154.751,64068
One grade step is worth $28.75/cwt here — about −$1,084 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 sale470 hd
172.36
—
MT average3 barns · 1,033 hd
171.44
+0.93
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—Average1,76189.251,57250
CowsBreaker 75-80%Very Low1,57881.341,28452
CowsBoner 80-85%Low1,42275.111,068338
CowsLean 85-90%Low1,23567.26831162

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 Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,078$1,22311
Bred Cows2nd Stage (4-6 mo)Aged (>8 yrs)1,396$1,2007
Bred Cows2nd Stage (4-6 mo)Middle Aged/Aged (>5 yrs)1,385$1,0503thin

Every lot

85 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 · Steers22 lots · lightest first
Steers—Medium 1-2Unweaned202137.50/cwt137.50–137.5027821
Steers—Medium and Large 2Unweaned248185.00/cwt185.00–185.0045914
Steers—Medium and Large 1Unweaned307214.98/cwt212.00–236.0066012
Steers—Medium and Large 1Unweaned365220.00/cwt220.00–220.008032
Steers—Medium 1-2Unweaned408195.00/cwt195.00–195.007967
Steers—Medium and Large 1-2Unweaned410192.50/cwt192.50–192.507891
Steers—Medium and Large 1Unweaned413217.62/cwt215.00–218.0089916
Steers—Medium and Large 2Unweaned429171.84/cwt157.50–182.007377
Steers—Medium 1Unweaned435188.00/cwt188.00–188.008183
Steers—Medium and Large 1Unweaned475198.75/cwt197.00–201.0094438
Steers—Medium and Large 1-2Unweaned481191.02/cwt182.00–195.0091913
Steers—Medium and Large 1-2Unweaned500181.00/cwt181.00–181.009051
Steers—Medium and Large 1Unweaned522193.53/cwt192.00–196.001,0105
Steers—Large 1525178.00/cwt178.00–178.009353
Steers—Medium and Large 1Unweaned572190.41/cwt187.00–193.001,08946
Steers—Medium and Large 1-2Unweaned640163.00/cwt163.00–163.001,0434
Steers—Medium and Large 1Unweaned668180.88/cwt175.00–184.001,20833
Steers—Medium and Large 1Unweaned763164.00/cwt164.00–164.001,2516
Steers—Medium and Large 1825176.04/cwt174.00–178.001,45225
Steers—Medium and Large 1-2843165.00/cwt165.00–165.001,3914
Steers—Medium and Large 1-2924160.50/cwt160.50–160.501,48310
Steers—Medium and Large 1954166.42/cwt164.00–166.501,58832
Feeder Cattle · Heifers25 lots · lightest first
Heifers—Medium and Large 1-2Unweaned240185.00/cwt185.00–185.0044435
Heifers—Medium and Large 1-2Unweaned278196.00/cwt196.00–196.005456
Heifers—Medium and Large 1Unweaned345205.00/cwt205.00–205.007071
Heifers—Medium and Large 1Unweaned369205.33/cwt192.00–213.0075811
Heifers—Medium and Large 1Unweaned436191.62/cwt186.00–214.0083540
Heifers—Medium and Large 1Unweaned456181.90/cwt180.50–185.0082913
Heifers—Medium and Large 1-2Unweaned483167.00/cwt167.00–167.008072
Heifers—Large 1Unweaned500155.00/cwt155.00–155.007752
Heifers—Medium and Large 1Unweaned508183.07/cwt182.00–184.0093026
Heifers—Medium and Large 1Unweaned583177.23/cwt169.00–182.501,03364
Heifers—Medium 1638173.00/cwt173.00–173.001,1042
Heifers—Medium and Large 1Unweaned640167.96/cwt167.00–171.001,07512
Heifers—Medium and Large 1683174.00/cwt174.00–174.001,1882
Heifers—Medium 1697165.00/cwt165.00–165.001,1503
Heifers—Medium and Large 1774175.34/cwt173.00–176.001,35731
Heifers—Medium 1835152.00/cwt152.00–152.001,2695
Heifers—Medium and Large 1868166.04/cwt163.50–167.001,44140
Heifers—Medium and Large 1927164.14/cwt161.00–165.001,52244
Heifers—Medium and Large 1-2972152.00/cwt152.00–152.001,4773
Heifers—Medium and Large 1986164.30/cwt163.50–165.001,62062
Heifers—Large 11,023161.57/cwt154.00–162.501,65329
Heifers—Large 11,089154.51/cwt153.00–155.001,68312
Heifers—Large 11,125149.74/cwt149.00–150.001,68515
Heifers—Large 1Full1,146142.00/cwt142.00–142.001,6279
Heifers—Large 11,150149.00/cwt149.00–149.001,7141
Feeder Cattle · Bulls5 lots · lightest first
Bulls—Medium and Large 1-2Unweaned397187.50/cwt187.50–187.507443
Bulls—Medium and Large 1Unweaned495180.00/cwt180.00–180.008912
Bulls—Medium and Large 1Unweaned518158.00/cwt158.00–158.0081810
Bulls—Medium and Large 1Unweaned633154.00/cwt154.00–154.009753
Bulls—Large 11,130114.00/cwt114.00–114.001,2883
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,64980.74/cwt75.50–86.001,33111
Bulls——1,77790.69/cwt85.50–96.001,61234
Bulls——1,89698.22/cwt97.00–101.001,8625
Slaughter Cattle · Cows18 lots · lightest first
Cows—Lean 85-90%Light Weight92562.00/cwt62.00–62.005741
Cows—Lean 85-90%Return to Feed1,15085.00/cwt85.00–85.009781
Cows—Lean 85-90%1,16155.32/cwt52.50–57.006425
Cows—Lean 85-90%Return to Feed1,19666.51/cwt62.00–70.0079523
Cows—Lean 85-90%1,24364.34/cwt57.00–68.5080076
Cows—Lean 85-90%1,25371.84/cwt69.00–75.5090038
Cows—Lean 85-90%Return to Feed1,25973.50/cwt73.00–74.0092518
Cows—Boner 80-85%1,39372.93/cwt70.50–78.501,01668
Cows—Boner 80-85%Return to Feed1,39484.61/cwt83.50–87.001,17934
Cows—Boner 80-85%1,39668.14/cwt63.00–70.0095174
Cows—Boner 80-85%Return to Feed1,40368.17/cwt65.00–71.5095618
Cows—Boner 80-85%Return to Feed1,45778.21/cwt73.00–83.001,140140
Cows—Breaker 75-80%Return to Feed1,51980.28/cwt80.00–82.501,21919
Cows—Boner 80-85%1,52483.44/cwt81.00–85.501,2724
Cows—Breaker 75-80%1,55883.49/cwt83.00–84.501,30118
Cows—Breaker 75-80%1,66067.00/cwt67.00–67.001,1121
Cows—Breaker 75-80%1,67677.83/cwt72.00–80.501,3049
Cows—Breaker 75-80%1,68386.85/cwt85.50–88.501,4625
Replacement Cattle · Stock Cows8 lots · lightest first
Stock Cows—Medium and Large 1Thin Fleshed74385.00/cwt85.00–85.006322
Stock Cows—Medium and Large 1-294891.99/cwt85.00–99.008723
Stock Cows—Medium and Large 1967108.03/cwt87.00–119.001,045132
Stock Cows—Medium and Large 11,02575.00/cwt75.00–75.007691
Stock Cows—Medium and Large 1Thin Fleshed1,07072.00/cwt72.00–72.007701
Stock Cows—Large 11,11790.22/cwt90.00–91.001,0088
Stock Cows—Medium and Large 11,12888.87/cwt80.00–99.001,00262
Stock Cows—Large 11,14077.00/cwt77.00–77.008781
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 1Thin Fleshed1,0471,200.00/head1,200.00–1,200.001,2008
Bred Cows—Medium and Large 11,1621,282.93/head1,260.00–1,310.001,2833
Bred Cows—Medium and Large 11,3851,050.00/head1,050.00–1,050.001,0503
Bred Cows—Medium and Large 1Broken Mouth1,3961,200.00/head1,200.00–1,200.001,2007

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.