Sale reports / Montana / Billings Livestock Commission / 2022-10-27

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Oct 27
● Final92 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
3,275 head
▼ 329 vs last sale 3,604▼ 2,052 vs year ago 5,327 · −38.5%
Slaughter Cattle receipts
297 head
▼ 6 vs last sale 303▲ 12 vs year ago 285 · +4.2%
Replacement Cattle receipts
198 head
▲ 56 vs last sale 142▲ 13 vs year ago 185 · +7.0%
Also sold here(Mon)Mon Nov 2, 2026
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Reporter comment USDA

As filed

Compared to last week: Yearling steers and heifer were too lightly tested to develop an accurate market trend, however steady to higher undertones were noticed on steers and lower undertones were noticed on heifers on a lower quality offering. Steer calves under 500 lbs sold sharply higher, mostly 20.00-30.00 higher with instances of up to 40.00 higher. Steer calves over 500 lbs sold mostly 8.00-12.00 higher. Heifer calves under 450 lbs sold 10.00-15.00 higher, heifer calves over 450 lbs sold 5.00-10.00 higher. Demand was mostly good to very good on all offerings. The best demand was for lightweight calves suitable to develop into yearlings, with several packages of steer calves topping 300.00. Rain has fallen in the southern plains over the last two weeks and buyers were very aggressive as they pushed to fill loads of very attractive, green, light weight calves. With higher prices seen for fat cattle over the last couple weeks additional support was seen for heavier weight cattle as well. Cooperate buyers were particularly aggressive on attractive cattle of both sexes over 600 lbs. Quality this week was mostly average to very attractive. Market activity was mostly very active this week with the most buyer participation seen this fall. Weigh up cows sold on mostly light to moderate demand for moderate offerings. Slaughter cows sold steady to 2.00 lower on boning and lean cows, breaking cows were too lightly tested to develop any market trend. Feeding cows sold steady to 3.00 higher in a narrow comparison. Slaughter bulls were too lightly tested last sale to develop an accurate market trend, steady to higher undertones were noticed. Young age cows suitable to feed or rebreed sold unevenly steady. With higher prices seen on rebreed type cattle and weaker prices seen on feeding type.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $215.23/cwt on 1,497 head.
Average price
$215.23
1,497 head · 558 lb average
Value per head Derived
$1,200
Price × average weight ÷ 100
Grade differential Derived
−$2
per head · Medium 1 over Medium 1-2
$56.50/cwt at this weight
vs the market
+6.54
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1452217.5098314thin
Medium and Large 1560216.521,2131,367
Medium and Large 1-2531202.881,077106
Large 1607181.001,0993thin
Medium 1-2612161.009857thin
One grade step is worth $56.50/cwt here — about −$2 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 sale1,497 hd
215.23
—
MT average5 barns · 3,293 hd
208.69
+6.54
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—Low1,61190.971,46529
CowsBreaker 75-80%Very Low1,62373.581,19411
CowsBoner 80-85%Average1,42471.611,02098
CowsLean 85-90%Very Low1,17752.26615133

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)Middle Aged (5-8 yrs)1,539$1,2857
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,256$1,2717
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)1,112$1,1503thin
Bred Cows2nd Stage (4-6 mo)Middle Aged/Aged (>5 yrs)1,347$1,02919

Every lot

92 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 · Steers29 lots · lightest first
Steers—Medium and Large 1-2Unweaned320253.00/cwt253.00–253.008103
Steers—Medium and Large 1Unweaned341305.36/cwt292.50–315.001,04115
Steers—Medium and Large 1Fancy351319.00/cwt319.00–319.001,1208
Steers—Medium 1Unweaned362240.00/cwt240.00–240.008695
Steers—Medium and Large 1Unweaned370290.12/cwt279.00–300.001,07346
Steers—Medium and Large 1-2Unweaned396267.00/cwt267.00–267.001,0577
Steers—Medium and Large 1-2Unweaned416256.45/cwt243.00–262.501,0674
Steers—Medium and Large 1Unweaned423278.79/cwt265.00–289.001,179133
Steers—Medium and Large 1Unweaned481236.19/cwt221.00–261.001,136210
Steers—Medium and Large 1-2Unweaned492209.46/cwt202.00–217.001,03138
Steers—Medium 1Unweaned502205.00/cwt205.00–205.001,0299
Steers—Medium and Large 1Unweaned522215.57/cwt210.00–224.001,125200
Steers—Medium and Large 1-2Unweaned522198.86/cwt185.00–208.001,03828
Steers—Medium and Large 1Unweaned568204.36/cwt189.00–214.501,161251
Steers—Medium and Large 1574210.00/cwt210.00–210.001,20513
Steers—Medium and Large 1-2Unweaned585184.00/cwt184.00–184.001,0765
Steers—Large 1Unweaned607181.00/cwt181.00–181.001,0993
Steers—Medium 1-2612161.00/cwt161.00–161.009857
Steers—Medium and Large 1-2Unweaned621170.95/cwt161.00–178.001,06210
Steers—Medium and Large 1Unweaned624191.88/cwt186.00–196.001,197241
Steers—Medium and Large 1625195.00/cwt195.00–195.001,21923
Steers—Medium and Large 1Unweaned670183.87/cwt175.00–189.001,232114
Steers—Medium and Large 1712179.00/cwt179.00–179.001,2749
Steers—Medium and Large 1Unweaned722175.09/cwt170.00–179.001,26449
Steers—Medium and Large 1755180.50/cwt180.50–180.501,3637
Steers—Medium and Large 1-2Unweaned764154.00/cwt154.00–154.001,17711
Steers—Medium and Large 1Unweaned773174.00/cwt174.00–174.001,34514
Steers—Medium and Large 1Unweaned829154.00/cwt154.00–154.001,2776
Steers—Medium and Large 1Fancy909185.00/cwt185.00–185.001,68228
Feeder Cattle · Heifers28 lots · lightest first
Heifers—Medium and Large 1Unweaned326225.16/cwt215.00–231.0073444
Heifers—Medium and Large 1-2Unweaned342210.83/cwt207.50–212.507216
Heifers—Medium and Large 1-2Unweaned370208.26/cwt204.00–211.5077112
Heifers—Medium and Large 1Unweaned386222.91/cwt217.00–230.0086096
Heifers—Medium and Large 1-2Unweaned416194.70/cwt192.00–200.0081014
Heifers—Medium and Large 1Unweaned419216.25/cwt205.00–225.00906150
Heifers—Medium and Large 2Unweaned432169.00/cwt169.00–169.0073015
Heifers—Medium and Large 1Unweaned472195.63/cwt186.00–210.50923236
Heifers—Medium and Large 1-2Unweaned483182.88/cwt173.00–186.0088349
Heifers—Medium and Large 1-2514165.00/cwt165.00–165.008486
Heifers—Medium and Large 1Unweaned522189.17/cwt180.00–195.50987168
Heifers—Medium and Large 1-2Unweaned529170.30/cwt160.00–175.0090127
Heifers—Medium and Large 1Fancy538200.00/cwt200.00–200.001,07646
Heifers—Medium and Large 1Fancy553187.00/cwt187.00–187.001,0349
Heifers—Medium and Large 1-2Unweaned555166.00/cwt166.00–166.009214
Heifers—Large 1Unweaned570166.55/cwt165.00–169.0094913
Heifers—Medium and Large 1Unweaned580178.89/cwt172.00–184.001,038130
Heifers—Medium and Large 1Unweaned627174.26/cwt166.00–177.001,09394
Heifers—Medium and Large 1-2Unweaned653156.00/cwt156.00–156.001,0192
Heifers—Medium 1665161.37/cwt160.00–162.501,0739
Heifers—Medium and Large 1Unweaned674170.00/cwt161.00–175.501,14631
Heifers—Medium 1-2675153.00/cwt153.00–153.001,0333
Heifers—Medium and Large 1726166.00/cwt166.00–166.001,2058
Heifers—Medium and Large 1786164.43/cwt164.00–164.501,29221
Heifers—Medium and Large 1869159.00/cwt159.00–159.001,3825
Heifers—Medium and Large 1936157.23/cwt155.00–158.501,47215
Heifers—Medium and Large 1974151.00/cwt151.00–151.001,47110
Heifers—Large 11,073148.50/cwt148.50–148.501,5934
Feeder Cattle · Bulls5 lots · lightest first
Bulls—Medium and Large 1Unweaned430251.16/cwt229.00–254.001,0809
Bulls—Medium and Large 1Unweaned484222.36/cwt212.50–225.001,07619
Bulls—Medium and Large 1Unweaned525192.50/cwt192.50–192.501,0115
Bulls—Medium and Large 1Unweaned613162.00/cwt162.00–162.009938
Bulls—Medium and Large 1Unweaned660156.50/cwt156.50–156.501,0333
Slaughter Cattle · Bulls4 lots · lightest first
Bulls——Return to Feed1,225101.44/cwt101.00–102.001,2439
Bulls——Return to Feed1,49581.00/cwt81.00–81.001,2113
Bulls——1,75982.23/cwt72.00–90.001,44610
Bulls——1,94494.25/cwt91.50–95.501,8327
Slaughter Cattle · Cows14 lots · lightest first
Cows—Lean 85-90%Light Weight89345.58/cwt44.50–50.004075
Cows—Lean 85-90%1,13344.78/cwt41.00–48.0050748
Cows—Lean 85-90%Return to Feed1,18258.24/cwt50.00–60.0068818
Cows—Lean 85-90%1,22062.50/cwt62.50–62.507631
Cows—Lean 85-90%1,22554.91/cwt51.00–58.5067348
Cows—Lean 85-90%Return to Feed1,26663.60/cwt63.50–65.0080513
Cows—Boner 80-85%Return to Feed1,38280.00/cwt80.00–80.001,1063
Cows—Boner 80-85%1,40955.19/cwt54.00–58.007789
Cows—Boner 80-85%Return to Feed1,42475.76/cwt69.00–77.501,07965
Cows—Boner 80-85%Return to Feed1,43864.62/cwt58.00–67.0092921
Cows—Breaker 75-80%1,56384.50/cwt84.50–84.501,3213
Cows—Breaker 75-80%Return to Feed1,58572.00/cwt72.00–72.001,1412
Cows—Breaker 75-80%1,64169.98/cwt67.00–74.001,1485
Cows—Breaker 75-80%1,79062.00/cwt62.00–62.001,1101
Replacement Cattle · Bred Cows8 lots · lightest first
Bred Cows—Medium and Large 11,1121,150.00/head1,150.00–1,150.001,1503
Bred Cows—Medium and Large 11,2561,271.03/head1,200.00–1,285.001,2717
Bred Cows—Medium and Large 11,29069.00/cwt69.00–69.0089012
Bred Cows—Medium and Large 11,3471,028.92/head1,000.00–1,050.001,02919
Bred Cows—Medium and Large 1Thin Fleshed1,37964.00/cwt64.00–64.008835
Bred Cows—Medium and Large 1Thin Fleshed1,41761.77/cwt59.00–65.008754
Bred Cows—Medium and Large 1Broken Mouth1,46369.40/cwt67.00–71.001,01519
Bred Cows—Medium and Large 11,5391,285.00/head1,285.00–1,285.001,2857
Replacement Cattle · Stock Cows4 lots · lightest first
Stock Cows—Medium and Large 1944113.01/cwt96.00–126.501,06726
Stock Cows—Medium and Large 11,08281.80/cwt71.00–95.0088533
Stock Cows—Medium and Large 1-21,13965.33/cwt65.00–71.0074418
Stock Cows—Medium and Large 11,18668.97/cwt68.00–70.0081829

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.