Sale reports / Montana / Billings Livestock Commission / 2023-09-21

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Sep 21
● Final62 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
242 head
▼ 275 vs last sale 517▼ 223 vs year ago 465 · −48.0%
Slaughter Cattle receipts
273 head
▲ 28 vs last sale 245▼ 110 vs year ago 383 · −28.7%
Replacement Cattle receipts
70 head
▼ 18 vs last sale 88▲ 10 vs year ago 60 · +16.7%
Also sold here(Mon)Mon Nov 2, 2026
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Reporter comment USDA

As filed

Compared to last week: The majority of feeder offerings sold unevenly steady, however higher undertones were noticed on all offerings. Demand for all feeder offerings was mostly good. Quality this week was average to attractive, with market activity being mostly active this week. Weigh up cows sold on moderate to good demand. Slaughter cows sold 2.00 to 3.00 lower and feeding cows sold 3.00 to 6.00 lower. Slaughter bulls and feeding bulls sold both 1.00 to 3.00 lower. Quality today was mostly average to attractive. Several packages of young cows sold this week. Young age cows suitable to feed or rebreed sold mostly on good demand today as rebreed buyers and feeding buyers both competed over offerings.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $228.25/cwt on 118 head.
Average price
$228.25
118 head · 819 lb average
Value per head Derived
$1,870
Price × average weight ÷ 100
Grade differential Derived
$199
per head · Medium and Large 1-2 over Medium and Large 2
$24.44/cwt at this weight
vs the market
−17.82
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2780234.561,82974
Medium and Large 1944221.532,09029
Medium and Large 2776210.111,63015thin
One grade step is worth $24.44/cwt here — about $199 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 sale118 hd
228.25
—
MT average3 barns · 1,154 hd
246.07
−17.82
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—Low1,774114.052,02360
CowsBreaker 75-80%High1,679110.251,85110
CowsBoner 80-85%Average1,316102.621,350156
CowsLean 85-90%Low1,13489.701,01737

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 Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)1,187$1,4439

Every lot

62 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 · Steers17 lots · lightest first
Steers—Medium and Large 1-2425319.00/cwt319.00–319.001,3562
Steers—Medium and Large 1-2501287.50/cwt287.50–287.501,4407
Steers—Medium and Large 2525260.00/cwt260.00–260.001,3653
Steers—Medium and Large 1-2618262.55/cwt260.00–265.001,6232
Steers—Medium and Large 1701275.00/cwt275.00–275.001,9288
Steers—Medium and Large 1-2715258.00/cwt258.00–258.001,8455
Steers—Medium and Large 1773263.00/cwt263.00–263.002,0332
Steers—Medium and Large 1-2780247.50/cwt247.50–247.501,9311
Steers—Medium and Large 1-2815242.50/cwt242.50–242.501,9761
Steers—Medium and Large 1836253.00/cwt253.00–253.002,1155
Steers—Medium and Large 1854246.50/cwt246.00–247.002,1052
Steers—Medium and Large 1-2880235.79/cwt232.50–239.002,0752
Steers—Medium and Large 2925203.00/cwt203.00–203.001,8781
Steers—Medium and Large 1-2935233.00/cwt233.00–233.002,1791
Steers—Medium and Large 1974241.00/cwt240.00–242.002,3474
Steers—Medium and Large 1-2975234.00/cwt234.00–234.002,2821
Steers—Medium and Large 1-21,040220.00/cwt220.00–220.002,2881
Feeder Cattle · Heifers20 lots · lightest first
Heifers—Medium and Large 1-2475275.00/cwt275.00–275.001,3064
Heifers—Medium and Large 1-2543265.00/cwt265.00–265.001,43912
Heifers—Medium and Large 1-2600245.00/cwt245.00–245.001,4701
Heifers—Medium and Large 2655227.50/cwt227.50–227.501,4901
Heifers—Medium and Large 2707212.50/cwt212.50–212.501,5025
Heifers—Medium and Large 1-2720240.74/cwt230.00–242.501,73319
Heifers—Medium and Large 2763210.00/cwt210.00–210.001,6022
Heifers—Medium and Large 1767244.31/cwt240.00–250.001,8744
Heifers—Medium and Large 1-2788230.82/cwt227.50–232.501,8193
Heifers—Medium and Large 2821207.94/cwt200.00–210.001,7075
Heifers—Medium and Large 1-2833226.50/cwt225.00–228.001,8872
Heifers—Medium and Large 1855229.00/cwt229.00–229.001,9583
Heifers—Medium and Large 1-2882222.72/cwt220.00–224.001,9647
Heifers—Medium and Large 2885202.00/cwt202.00–202.001,7881
Heifers—Medium and Large 2930200.00/cwt200.00–200.001,8601
Heifers—Medium and Large 1-2939216.34/cwt212.00–217.002,03115
Heifers—Medium and Large 1-2968211.45/cwt205.00–212.502,04710
Heifers—Medium and Large 1983217.05/cwt215.00–217.502,13420
Heifers—Medium and Large 1-21,025194.00/cwt194.00–194.001,9891
Heifers—Medium and Large 11,035209.50/cwt209.50–209.502,1682
Feeder Cattle · Bulls7 lots · lightest first
Bulls—Medium and Large 2570240.00/cwt240.00–240.001,3681
Bulls—Medium and Large 2619235.00/cwt235.00–235.001,4554
Bulls—Medium and Large 2745225.00/cwt225.00–225.001,6761
Bulls—Medium and Large 1-2763238.61/cwt237.50–242.501,8219
Bulls—Medium and Large 1-2811237.50/cwt237.50–237.501,92611
Bulls—Medium and Large 1-2982210.00/cwt210.00–210.002,0623
Bulls—Medium and Large 1-21,000197.00/cwt197.00–197.001,9701
Slaughter Cattle · Bulls5 lots · lightest first
Bulls——Return to Feed1,263106.29/cwt102.50–110.001,3422
Bulls——1,561105.23/cwt103.00–106.001,6435
Bulls——Return to Feed1,722112.72/cwt109.00–120.001,94134
Bulls——1,952118.43/cwt111.00–122.002,31215
Bulls——2,069123.84/cwt123.00–125.502,5624
Slaughter Cattle · Cows10 lots · lightest first
Cows—Lean 85-90%1,12290.76/cwt87.50–94.001,01833
Cows—Lean 85-90%1,23581.00/cwt81.00–81.001,0004
Cows—Boner 80-85%Return to Feed1,284104.91/cwt102.00–110.001,34741
Cows—Boner 80-85%1,29395.67/cwt92.50–98.501,23735
Cows—Boner 80-85%Return to Feed1,30496.50/cwt96.50–96.501,25823
Cows—Boner 80-85%1,311105.35/cwt100.00–110.001,38139
Cows—Boner 80-85%Return to Feed1,460112.79/cwt112.00–114.001,64718
Cows—Breaker 75-80%Return to Feed1,540120.00/cwt120.00–120.001,8481
Cows—Breaker 75-80%1,605112.00/cwt112.00–112.001,7981
Cows—Breaker 75-80%Return to Feed1,706108.81/cwt107.00–112.001,8568
Replacement Cattle · Stock Cows2 lots · lightest first
Stock Cows—Medium and Large 1-21,038162.19/cwt132.50–191.001,6848
Stock Cows—Medium and Large 1-21,142113.27/cwt102.00–130.001,29439
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 1-21,1871,442.69/head1,375.00–1,500.001,4439

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.