Sale reports / Montana / Billings Livestock Commission / 2023-02-02

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Feb 2
● Final55 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
696 head
▼ 2,890 vs last sale 3,586▼ 1,540 vs year ago 2,236 · −68.9%
Slaughter Cattle receipts
214 head
▼ 293 vs last sale 507▼ 176 vs year ago 390 · −45.1%
Replacement Cattle receipts
88 head
▼ 257 vs last sale 345▼ 47 vs year ago 135 · −34.8%
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 lighly tested today to develop an accurate market trend, however steady to firm undertones were noted on steers under 750 lbs and higher undertones were noticed on steers over 750 lbs. Heifer calves sold with higher undertones on all offerings. Quality today was mostly average to attractive. Demand was mostly good for light to moderate offerings. Most calves sold in small to moderate size packages. Most calves were long weaned from 60-90 days. Orderbuyers, buying for packers, continue to show very good demand for high quality heavy weight offerings. Market activity was mostly active today, dispite a lighter offering. Weigh up cows sold on mostly good to very good demand for mostly light offerings. Packers showed mostly very good demand for cows for immidiate harvest as they pushed to own as many offerings as possible. Slaughter cows sold mostly 7.00-10.00 higher on boning and breaking cows, however the largest advance was seen on lean cows which sold sharply higher, with mostly sales 12.00-17.00 higher. Extremely cold weather has limited the availibily of cows as cold weather has kept cows from coming to auction. Slaughter bulls sold 2.00-5.00 higher in a narrow compairson. Young age cows suitable to feed or rebreed were too lightly tested to develop any market trend. Compairsons are difficult as last week had several consignments of fancy one iron, homeraised, ranch tested open, young cows, while quality this week was not as attractive.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $196.82/cwt on 296 head.
Average price
$196.82
296 head · 643 lb average
Value per head Derived
$1,265
Price × average weight ÷ 100
Grade differential Derived
−$400
per head · Medium 1 over Medium and Large 1-2
$31.24/cwt at this weight
vs the market
+22.43
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1409218.2489217thin
Medium and Large 1650197.371,282229
Medium and Large 1-2691186.991,29250
One grade step is worth $31.24/cwt here — about −$400 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 sale296 hd
196.82
—
MT average2 barns · 383 hd
174.39
+22.43
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—Low1,52798.251,50121
CowsBreaker 75-80%Low1,53685.921,32010
CowsBoner 80-85%Average1,37383.101,14152
CowsLean 85-90%Average1,16182.67960120

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)1,010$1,1502thin
Bred Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)1,125$1,09111
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,160$1,0506

Every lot

55 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 · Steers14 lots · lightest first
Steers—Medium and Large 1-2391235.00/cwt235.00–235.009198
Steers—Medium 1397220.00/cwt220.00–220.0087315
Steers—Medium and Large 1-2417227.28/cwt217.50–233.009488
Steers—Medium and Large 1478232.82/cwt230.50–234.001,1133
Steers—Medium 1495205.00/cwt205.00–205.001,0152
Steers—Medium and Large 1519230.88/cwt213.00–233.001,19819
Steers—Medium and Large 1-2560201.00/cwt201.00–201.001,1264
Steers—Medium and Large 1562213.43/cwt208.00–219.001,19914
Steers—Medium and Large 1625196.34/cwt196.00–196.501,22790
Steers—Medium and Large 1-2665180.00/cwt180.00–180.001,1974
Steers—Medium and Large 1687189.54/cwt189.25–191.001,30276
Steers—Medium and Large 1782187.00/cwt187.00–187.001,46227
Steers—Medium and Large 1-2821168.00/cwt168.00–168.001,37913
Steers—Medium and Large 1-2962149.50/cwt149.50–149.501,43813
Feeder Cattle · Heifers16 lots · lightest first
Heifers—Medium and Large 2301165.00/cwt165.00–165.004975
Heifers—Medium 2353155.00/cwt155.00–155.005473
Heifers—Medium and Large 1-2372199.24/cwt196.00–203.0074136
Heifers—Medium and Large 1-2435193.00/cwt190.00–197.0084012
Heifers—Medium 1450181.00/cwt181.00–181.0081510
Heifers—Medium and Large 1473210.50/cwt210.50–210.5099656
Heifers—Medium 2493122.50/cwt122.50–122.506042
Heifers—Medium 2500105.00/cwt105.00–105.005254
Heifers—Medium 1523171.00/cwt171.00–171.0089419
Heifers—Medium and Large 1524203.87/cwt203.00–207.501,06825
Heifers—Medium and Large 1562189.77/cwt185.00–192.001,06724
Heifers—Medium and Large 1-2590176.00/cwt176.00–176.001,0387
Heifers—Medium and Large 1611186.00/cwt186.00–186.001,1369
Heifers—Medium and Large 1-2618179.00/cwt179.00–179.001,1062
Heifers—Medium and Large 1661172.46/cwt166.00–177.001,14013
Heifers—Medium 1681161.00/cwt161.00–161.001,0964
Feeder Cattle · Bulls4 lots · lightest first
Bulls—Medium and Large 1-2418197.50/cwt197.50–197.508262
Bulls—Medium and Large 1455237.50/cwt237.50–237.501,0811
Bulls—Medium and Large 1519195.13/cwt192.50–197.001,0135
Bulls—Large 11,045122.00/cwt122.00–122.001,2751
Slaughter Cattle · Bulls4 lots · lightest first
Bulls——Return to Feed1,237105.00/cwt105.00–105.001,2996
Bulls——Return to Feed1,42094.00/cwt94.00–94.001,3351
Bulls——1,57993.10/cwt80.00–97.001,47010
Bulls——1,860102.07/cwt101.00–105.001,8994
Slaughter Cattle · Cows10 lots · lightest first
Cows—Lean 85-90%Light Weight95466.42/cwt64.00–74.006349
Cows—Lean 85-90%1,08760.60/cwt58.00–62.006593
Cows—Lean 85-90%1,17084.84/cwt80.00–87.0099344
Cows—Lean 85-90%1,18676.81/cwt74.00–79.0091118
Cows—Lean 85-90%Return to Feed1,18987.50/cwt82.00–89.251,04046
Cows—Boner 80-85%1,35384.44/cwt83.00–86.001,14234
Cows—Boner 80-85%Return to Feed1,35583.00/cwt83.00–83.001,1251
Cows—Boner 80-85%1,41580.42/cwt77.00–82.001,13817
Cows—Breaker 75-80%1,51686.58/cwt84.50–89.501,3139
Cows—Breaker 75-80%1,71580.00/cwt80.00–80.001,3721
Replacement Cattle · Stock Cows4 lots · lightest first
Stock Cows—Medium and Large 1-2905126.16/cwt110.00–141.501,14214
Stock Cows—Medium and Large 1-296890.00/cwt90.00–90.008712
Stock Cows—Medium and Large 1991100.61/cwt84.00–110.0099736
Stock Cows—Medium and Large 11,023134.07/cwt130.00–144.501,3727
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 11,0101,150.00/head1,150.00–1,150.001,1502
Bred Cows—Medium and Large 11,1251,091.02/head1,085.00–1,100.001,09111
Bred Cows—Medium and Large 11,1601,050.00/head1,050.00–1,050.001,0506

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.