Sale reports / Montana / Billings Livestock Commission / 2022-10-20

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Oct 20
● Final78 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
3,604 head
▲ 1,114 vs last sale 2,490▼ 2,906 vs year ago 6,510 · −44.6%
Slaughter Cattle receipts
303 head
▼ 185 vs last sale 488▼ 111 vs year ago 414 · −26.8%
Replacement Cattle receipts
142 head
▼ 20 vs last sale 162▲ 20 vs year ago 122 · +16.4%
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 to develop any market trend. Yearling heifers under 950 lbs sold steady to firm, heifers over 950 lbs were too lightly tested last week to develop an accurate market trend, however lower undertones were noticed on a lower quality offering. Steer calves under 450 lbs sold sharply higher, with most sales 20.00-25.00 higher, 450-549 lbs steers sold mostly 8.00-10.00 higher, 550-599 lbs steers sold unevenly steady, steers over 600 lbs sold 4.00-6.00 lower. Heifer calves under 500 lbs sold steady to firm, heifer calves over 500 lbs sold steady to 5.00 lower. Demand for all feeders was moderate to good this sale. Overall, quality was mostly average to attractive. The best demand was for light calves suitable to develop into yearlings. Buyers were willing to buy steers up to 560 lbs and heifers up to 500 lbs for that purpose. Package sizes were mostly medium this week with a couple of load lots on offer. Calves with two rounds of vaccinations sold with the best demand today and brought a strong premium to cattle with only one round of vaccinations. Cold and wet conditions are expected this weekend for cattle which sold locally and cattle destined for the corn belt expect a few more days in the 80s before cold and wet conditions arrive. Market activity was mostly moderate to active this week. Weigh up cows sold on mostly light to moderate demand for moderate offerings. Weigh up conditions were the limiting factor affecting demand today as all cows and bulls were full to extremely full as temperatures reached the low 80s and cows and bulls tanked up on water. Slaughter cows sold mostly steady on breaking cows, boning and lean cows sold 1.00-4.00 lower. Feeding cows sold generally steady. Demand for feeding cows was mostly good as several private buyers as well as packers were actively purchasing cows to feed. Slaughter bulls sold generally steady in a narrow comparison. Young age cows suitable to feed or rebreed sold mostly 5.00 higher. Quality was average to attractive this week.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $205.35/cwt on 1,584 head.
Average price
$205.35
1,584 head · 530 lb average
Value per head Derived
$1,088
Price × average weight ÷ 100
Grade differential Derived
−$603
per head · Medium and Large 1 over Large 1
$40.82/cwt at this weight
vs the market
+2.50
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1530206.321,0941,419
Medium 1471203.8396024
Medium and Large 1-2518197.141,021135
Large 11,025165.501,6966thin
One grade step is worth $40.82/cwt here — about −$603 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 sale1,584 hd
205.35
—
MT average5 barns · 3,888 hd
202.85
+2.50
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—Low1,70283.781,42616
CowsBreaker 75-80%Low1,60875.921,22111
CowsBoner 80-85%Very Low1,43863.6491592
CowsLean 85-90%Low1,28354.2169568

Every lot

78 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 · Steers26 lots · lightest first
Steers—Medium and Large 1-2Unweaned251245.00/cwt245.00–245.006154
Steers—Medium 1Unweaned299250.00/cwt250.00–250.007485
Steers—Medium and Large 1Unweaned331257.50/cwt257.50–257.5085214
Steers—Medium and Large 1-2Unweaned368226.53/cwt214.00–235.0083422
Steers—Medium and Large 1Unweaned370256.19/cwt244.00–263.0094875
Steers—Medium 1Unweaned400222.50/cwt222.50–222.508906
Steers—Medium and Large 1Unweaned425236.98/cwt231.00–247.001,007153
Steers—Medium and Large 1-2Unweaned431222.52/cwt219.00–224.0095912
Steers—Medium and Large 1-2466204.00/cwt204.00–204.009517
Steers—Medium and Large 1Unweaned486212.48/cwt206.00–239.001,033348
Steers—Medium and Large 1-2Unweaned529189.59/cwt180.00–191.001,00360
Steers—Medium and Large 1Unweaned531203.38/cwt194.00–212.501,080343
Steers—Medium 1Unweaned546185.00/cwt185.00–185.001,0106
Steers—Medium and Large 1Unweaned576190.74/cwt182.50–202.001,099248
Steers—Medium 1591171.00/cwt171.00–171.001,0117
Steers—Medium and Large 1-2Unweaned593174.60/cwt166.00–181.001,03510
Steers—Medium and Large 1Unweaned621183.64/cwt176.00–188.501,140128
Steers—Medium and Large 1-2Unweaned627173.50/cwt173.50–173.501,0887
Steers—Medium and Large 1Unweaned664175.43/cwt170.00–181.001,16562
Steers—Medium and Large 1Unweaned738173.00/cwt173.00–173.001,2773
Steers—Medium and Large 1-2763170.50/cwt170.50–170.501,3018
Steers—Medium and Large 1768175.50/cwt175.50–175.501,34816
Steers—Medium and Large 1Unweaned768166.25/cwt162.00–171.001,27710
Steers—Medium and Large 1-2843170.50/cwt170.50–170.501,4375
Steers—Medium and Large 1938174.50/cwt174.50–174.501,63719
Steers—Large 11,025165.50/cwt165.50–165.501,6966
Feeder Cattle · Heifers29 lots · lightest first
Heifers—Medium and Large 1Unweaned282210.00/cwt210.00–210.005923
Heifers—Medium 1Unweaned294202.50/cwt202.50–202.5059516
Heifers—Medium and Large 1Unweaned334212.05/cwt210.00–216.0070861
Heifers—Medium and Large 1-2Unweaned364200.00/cwt200.00–200.007285
Heifers—Medium and Large 1Unweaned381207.97/cwt205.00–214.0079252
Heifers—Medium and Large 1Unweaned417203.69/cwt196.00–210.00849113
Heifers—Medium and Large 1-2Unweaned434190.12/cwt181.00–193.00825118
Heifers—Large 1Unweaned452180.00/cwt180.00–180.008143
Heifers—Medium and Large 1Unweaned484187.38/cwt181.00–193.00907148
Heifers—Medium and Large 1-2Unweaned492176.75/cwt174.00–179.5087031
Heifers—Medium and Large 1Unweaned521180.83/cwt169.50–186.00942356
Heifers—Medium and Large 1-2Unweaned548164.00/cwt164.00–164.008995
Heifers—Medium and Large 1Unweaned561172.07/cwt164.00–175.50965117
Heifers—Medium 1-2575158.50/cwt158.50–158.5091113
Heifers—Medium and Large 1-2Unweaned581154.78/cwt152.00–157.0089923
Heifers—Medium and Large 1Unweaned613164.67/cwt155.00–170.001,00955
Heifers—Medium 1-2616151.00/cwt151.00–151.009306
Heifers—Medium 1643161.00/cwt161.00–161.001,0356
Heifers—Medium 1723166.50/cwt166.50–166.501,2046
Heifers—Medium and Large 1744167.50/cwt167.50–167.501,2468
Heifers—Medium and Large 1Unweaned765162.00/cwt162.00–162.001,2393
Heifers—Medium 1795150.50/cwt150.50–150.501,19617
Heifers—Medium and Large 1817169.32/cwt167.00–170.001,38322
Heifers—Medium and Large 1883162.89/cwt162.00–167.001,43845
Heifers—Medium and Large 1925164.31/cwt162.00–168.001,52051
Heifers—Medium and Large 1960156.93/cwt156.00–159.501,50733
Heifers—Large 1Full1,005149.00/cwt149.00–149.001,49712
Heifers—Large 11,018154.00/cwt154.00–154.001,5685
Heifers—Large 11,126142.50/cwt142.50–142.501,60510
Feeder Cattle · Bulls5 lots · lightest first
Bulls—Medium and Large 1Unweaned368240.00/cwt240.00–240.008835
Bulls—Medium and Large 1Unweaned478190.80/cwt190.00–200.0091212
Bulls—Medium and Large 1Unweaned560163.00/cwt163.00–163.009131
Bulls—Medium and Large 1Unweaned722157.00/cwt157.00–157.001,1343
Bulls—Medium and Large 1850131.00/cwt131.00–131.001,1142
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,67682.77/cwt72.00–92.001,38713
Bulls——Return to Feed1,71085.50/cwt85.50–85.501,4622
Bulls——2,03093.50/cwt93.50–93.501,8981
Slaughter Cattle · Cows12 lots · lightest first
Cows—Lean 85-90%1,06062.00/cwt62.00–62.006571
Cows—Lean 85-90%Return to Feed1,21858.91/cwt53.00–63.007185
Cows—Lean 85-90%Return to Feed1,24369.97/cwt65.00–73.008705
Cows—Lean 85-90%1,25348.01/cwt41.00–49.0060220
Cows—Lean 85-90%1,31954.59/cwt50.50–58.5072037
Cows—Boner 80-85%Return to Feed1,42372.44/cwt69.00–78.501,03124
Cows—Boner 80-85%1,42857.60/cwt52.50–67.5082318
Cows—Boner 80-85%Return to Feed1,44861.74/cwt56.50–67.0089449
Cows—Boner 80-85%1,53054.00/cwt54.00–54.008261
Cows—Breaker 75-80%1,54581.50/cwt81.50–81.501,2591
Cows—Breaker 75-80%Return to Feed1,60875.35/cwt73.00–77.501,2129
Cows—Breaker 75-80%1,67075.50/cwt75.50–75.501,2611
Replacement Cattle · Stock Cows3 lots · lightest first
Stock Cows—Medium and Large 1946114.94/cwt102.00–123.501,08739
Stock Cows—Medium and Large 1-21,05883.99/cwt82.00–92.5088915
Stock Cows—Medium and Large 11,09986.36/cwt75.00–93.0094942

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.