Sale reports / Montana / Billings Livestock Commission / 2023-09-14

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Sep 14
● Final59 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
517 head
▼ 617 vs last sale 1,134▲ 11 vs year ago 506 · +2.2%
Slaughter Cattle receipts
245 head
▼ 217 vs last sale 462▼ 25 vs year ago 270 · −9.3%
Replacement Cattle receipts
88 head
▲ 73 vs last sale 15▲ 49 vs year ago 39 · +125.6%
Also sold here(Mon)Mon Oct 26, 2026
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Reporter comment USDA

As filed

Compared to last week: The majority of feeder offerings last week were heifers, while this week the majority of feeder offerings were steers. Not enough comparable sales were seen to develop an accurate market trend, however steady to higher undertones were noticed on all offerings. Demand for all feeder offerings was mostly good to very good. Quality this week was average to attractive, with several sets of home raised offerings seen. Most offerings were sold in small packages this week however demand was good for all packages sizes as buyers pieced together loads. Market activity was mostly active this week. Weigh up cows sold on mostly good to very good demand for light offerings. Packers showed very good demand for feeding cows again today. Feeding cows sold mostly steady to firm. Slaughter cows sold generally steady on boning and lean cows. Breaking cows sold with the best demand today as several buyers bid aggressively over attractive offerings. Breaking cows sold mostly 1.00-2.00 higher. Quality today was mostly average to attractive and similar to last week. Slaughter and feeding bulls sold fully steady. Weigh up conditions were mixed with some cows offering buyers good weigh conditions, while others were pushing fill. Young age cows suitable to feed or rebreed sold on very good demand today as rebreed buyers and feeding buyers both competed over offerings. Young age cows were too lightly tested last week to develop any market trend. Quality this week was mostly average to attractive.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $254.84/cwt on 226 head.
Average price
$254.84
226 head · 813 lb average
Value per head Derived
$2,071
Price × average weight ÷ 100
Grade differential Derived
−$367
per head · Medium and Large 1-2 over Large 1
$39.12/cwt at this weight
vs the market
−41.52
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2751256.251,9248thin
Medium 1768255.541,96234
Medium and Large 1819255.482,092180
Large 11,055217.132,2914thin
One grade step is worth $39.12/cwt here — about −$367 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 sale226 hd
254.84
—
MT average3 barns · 819 hd
296.35
−41.52
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—High1,747115.382,01637
CowsBreaker 75-80%High1,626116.421,89346
CowsBoner 80-85%High1,449107.731,561123
CowsLean 85-90%Average1,22797.241,19331

Every lot

59 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 1Unweaned268345.00/cwt345.00–345.009254
Steers—Medium and Large 1-2Unweaned413305.00/cwt305.00–305.001,2602
Steers—Medium and Large 1Unweaned517299.00/cwt299.00–299.001,5467
Steers—Medium 1696272.00/cwt272.00–272.001,8936
Steers—Medium and Large 1723266.74/cwt264.50–267.001,92923
Steers—Medium and Large 1-2768249.98/cwt245.00–255.001,9202
Steers—Medium and Large 1776256.00/cwt256.00–256.001,9874
Steers—Medium 1783252.01/cwt249.00–253.001,97328
Steers—Medium and Large 1827251.50/cwt251.50–251.502,0805
Steers—Medium and Large 1865249.23/cwt247.50–252.502,156129
Steers—Medium and Large 1Full893242.00/cwt242.00–242.002,1612
Steers—Medium and Large 1907243.68/cwt240.00–245.502,2106
Steers—Medium and Large 1-2911235.00/cwt235.00–235.002,1414
Steers—Large 11,055217.13/cwt210.00–220.002,2914
Feeder Cattle · Heifers19 lots · lightest first
Heifers—Medium and Large 1Unweaned263325.00/cwt325.00–325.008553
Heifers—Medium and Large 1Unweaned421272.50/cwt272.50–272.501,1475
Heifers—Medium and Large 1Unweaned493265.00/cwt265.00–265.001,3065
Heifers—Medium and Large 1Unweaned526269.00/cwt269.00–269.001,4155
Heifers—Medium 1637257.50/cwt257.50–257.501,64011
Heifers—Medium and Large 1716251.64/cwt249.00–254.001,80217
Heifers—Medium and Large 2718225.00/cwt225.00–225.001,6165
Heifers—Medium and Large 1767248.13/cwt241.00–252.001,90341
Heifers—Medium and Large 1-2771243.00/cwt243.00–243.001,8745
Heifers—Medium 1783241.00/cwt241.00–241.001,88713
Heifers—Medium and Large 1-2844228.82/cwt228.00–230.001,93117
Heifers—Medium and Large 1867230.00/cwt230.00–230.001,99413
Heifers—Medium and Large 1-2878210.00/cwt210.00–210.001,8444
Heifers—Medium and Large 1918220.00/cwt220.00–220.002,02016
Heifers—Medium and Large 1Full960211.00/cwt211.00–211.002,0262
Heifers—Medium and Large 1968213.00/cwt213.00–213.002,0622
Heifers—Medium and Large 1-2988207.00/cwt207.00–207.002,0453
Heifers—Medium and Large 11,005212.00/cwt212.00–212.002,1312
Heifers—Large 11,084190.00/cwt190.00–190.002,0607
Feeder Cattle · Bulls2 lots · lightest first
Bulls—Large 11,110187.00/cwt187.00–187.002,0761
Bulls—Large 11,268156.00/cwt156.00–156.001,9784
Slaughter Cattle · Bulls5 lots · lightest first
Bulls——Return to Feed1,524116.33/cwt114.00–117.001,7735
Bulls——Return to Feed1,610110.27/cwt106.00–113.501,7758
Bulls——1,622108.32/cwt92.50–113.001,7576
Bulls——1,912118.88/cwt115.00–123.502,27316
Bulls——1,915126.56/cwt124.00–129.002,4242
Slaughter Cattle · Cows13 lots · lightest first
Cows—Lean 85-90%1,16688.58/cwt83.00–95.001,0338
Cows—Lean 85-90%Return to Feed1,229101.99/cwt101.00–103.001,2536
Cows—Lean 85-90%Return to Feed1,24495.46/cwt91.00–98.001,1886
Cows—Lean 85-90%1,260101.91/cwt100.00–103.501,28411
Cows—Boner 80-85%Return to Feed1,405100.98/cwt97.00–104.001,41924
Cows—Boner 80-85%1,44999.42/cwt96.00–102.001,44124
Cows—Boner 80-85%Return to Feed1,458111.85/cwt105.00–114.001,63147
Cows—Boner 80-85%Return to Feed1,462115.96/cwt115.50–118.501,69515
Cows—Boner 80-85%1,466107.85/cwt106.00–113.501,5819
Cows—Boner 80-85%1,514118.55/cwt116.00–119.501,7954
Cows—Breaker 75-80%Return to Feed1,585116.12/cwt116.00–117.501,84113
Cows—Breaker 75-80%1,637114.19/cwt113.00–116.001,86910
Cows—Breaker 75-80%1,644117.56/cwt117.00–120.001,93323
Replacement Cattle · Stock Cows6 lots · lightest first
Stock Cows—Large 1Thin Fleshed980137.00/cwt137.00–137.001,3437
Stock Cows—Medium and Large 11,072157.84/cwt128.00–191.001,69229
Stock Cows—Large 11,128130.00/cwt130.00–130.001,4662
Stock Cows—Large 11,137109.92/cwt105.00–113.001,2503
Stock Cows—Medium and Large 11,223120.27/cwt105.00–126.001,4719
Stock Cows—Medium and Large 11,392118.50/cwt118.50–118.501,65015

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.