Sale reports / Montana / Billings Livestock Commission / 2024-01-11

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Jan 11
● Final98 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
3,756 head
▲ 1,886 vs last sale 1,870▲ 3,010 vs year ago 746 · +403.5%
Slaughter Cattle receipts
98 head
▼ 189 vs last sale 287▼ 407 vs year ago 505 · −80.6%
Replacement Cattle receipts
84 head
▼ 139 vs last sale 223▼ 128 vs year ago 212 · −60.4%
Also sold here(Mon)Mon Nov 2, 2026
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Reporter comment USDA

As filed

Compared to last report: The last feeder special was one month ago so no comparisons can be made, however higher to sharply higher undertones were noticed on steer calves under 550 lbs and higher undertones were noticed on all steers over 550 lbs. All weights of heifers sold with higher undertones. Quality this week was mixed from average to very attractive. Package sizes this week were mostly moderate with several partial loads on offer. Buyers showed very good demand for cattle suitable to develop into yearlings. Buyers purchased heavier weight cattle this week to send to grass this week. Steers up to 660 lbs and heifers up to 625 lbs were purchased for this purpose. Flesh conditions were mixed this week. Some backgrounded cattle out of grow yards were carrying more flesh, and consequently more tag. Calves that were hay fed and weaned on pasture were very green and in light flesh, these offerings were met with very good demand. Quality today was mixed from plain to very attractive. Most of the offering was comprised of weaned calves this week. Most calves were weaned 50-100 days. CME positions improved throughout the day, helping spur buyer demand. The January contract closed at 226.275, 1.65 higher than yesterdays close. The March contract closed at 227.40, up 1.275 than yesterdays close. Market activity was mostly active to very active today with a large crowd on hand. Weigh up cows sold on moderate to good demand for mostly light offerings. All cows were last tested over a month ago so no comparisons can be made, however higher undertones were noticed on both slaughter and feeding cows. Packers, in a surprising move, purchased several packages of thin cows to feed. These offerings are usually only purchased in November and December, however packers opted to put this class of cows away on feed in the event supplies tighten. Slaughter bulls sold with higher undertones as well. Young age cows suitable to feed or rebreed sold on light to moderate demand, no comparisons are available.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $282.72/cwt on 1,507 head.
Average price
$282.72
1,507 head · 611 lb average
Value per head Derived
$1,727
Price × average weight ÷ 100
Grade differential Derived
−$756
per head · Medium 1-2 over Large 1
$73.96/cwt at this weight
vs the market
−1.37
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1-2324312.001,01121
Medium and Large 1605289.651,7521,134
Medium 1591273.081,61538
Medium and Large 1-2622263.381,639234
Large 1742238.041,76780
One grade step is worth $73.96/cwt here — about −$756 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 sale1,507 hd
282.72
—
MT average3 barns · 2,823 hd
284.10
−1.37
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—Low1,898108.622,06116
CowsBoner 80-85%Average1,45890.451,31836
CowsBreaker 75-80%Low1,82289.831,6363thin
CowsLean 85-90%Low1,14476.7487843

Every lot

98 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 · Steers39 lots · lightest first
Steers—Medium 1-2324312.00/cwt312.00–312.001,01121
Steers—Medium and Large 1-2339365.00/cwt365.00–365.001,2376
Steers—Medium and Large 1356385.00/cwt385.00–385.001,3719
Steers—Medium 1408340.00/cwt340.00–340.001,3872
Steers—Medium and Large 1-2423328.71/cwt320.00–346.001,39013
Steers—Medium and Large 1425366.07/cwt349.00–387.001,556108
Steers—Medium and Large 1Thin Fleshed456362.00/cwt362.00–362.001,65113
Steers—Medium and Large 1475340.44/cwt325.00–355.001,61792
Steers—Medium and Large 1-2476309.23/cwt300.00–312.501,47211
Steers—Medium and Large 1531312.25/cwt302.00–325.001,65860
Steers—Medium and Large 1-2534290.40/cwt286.00–298.001,55122
Steers—Medium and Large 1Fleshy549298.00/cwt298.00–298.001,63627
Steers—Medium and Large 1Thin Fleshed559315.00/cwt315.00–315.001,76140
Steers—Medium and Large 1-2566274.03/cwt267.00–282.001,55118
Steers—Medium and Large 1582299.05/cwt286.00–313.001,740238
Steers—Medium 1582277.00/cwt277.00–277.001,61225
Steers—Large 1586270.00/cwt270.00–270.001,58217
Steers—Medium and Large 1620273.70/cwt267.00–276.001,69785
Steers—Medium 1628256.00/cwt256.00–256.001,6087
Steers—Medium and Large 1-2629256.14/cwt240.00–264.001,611105
Steers—Medium and Large 1Unweaned630254.00/cwt254.00–254.001,6007
Steers—Medium and Large 1Fleshy660247.00/cwt247.00–247.001,6307
Steers—Medium and Large 1668260.19/cwt250.00–266.501,738231
Steers—Medium 1678245.00/cwt245.00–245.001,6614
Steers—Medium and Large 1Unweaned684250.00/cwt250.00–250.001,7105
Steers—Medium and Large 1-2688238.70/cwt235.00–246.501,64221
Steers—Large 1699242.00/cwt242.00–242.001,69243
Steers—Medium and Large 1-2702233.28/cwt231.00–236.001,63811
Steers—Medium and Large 1723246.28/cwt243.00–252.001,781140
Steers—Large 1746236.50/cwt236.50–236.501,7644
Steers—Medium and Large 1753247.50/cwt247.50–247.501,86412
Steers—Medium and Large 1Fleshy788227.25/cwt227.25–227.251,79126
Steers—Medium and Large 1803224.00/cwt224.00–224.001,7996
Steers—Large 1820226.00/cwt226.00–226.001,8536
Steers—Medium and Large 1-2822222.64/cwt221.00–224.001,83022
Steers—Medium and Large 1875221.00/cwt221.00–221.001,93410
Steers—Medium and Large 1Fleshy892213.50/cwt213.50–213.501,90418
Steers—Medium and Large 1-2922214.50/cwt214.50–214.501,9785
Steers—Large 1Fleshy1,147174.50/cwt174.50–174.502,00210
Feeder Cattle · Heifers36 lots · lightest first
Heifers—Medium 1-2335231.00/cwt231.00–231.0077419
Heifers—Medium 1364278.86/cwt261.00–280.001,01573
Heifers—Medium 1-2425234.95/cwt230.00–245.0099938
Heifers—Medium 1456270.00/cwt270.00–270.001,2316
Heifers—Medium and Large 1-2472266.41/cwt241.00–276.001,25731
Heifers—Medium and Large 1480285.18/cwt276.00–292.001,36980
Heifers—Medium and Large 1Fancy517299.00/cwt299.00–299.001,54635
Heifers—Medium and Large 1-2Fleshy520222.50/cwt222.50–222.501,1576
Heifers—Medium and Large 1523281.92/cwt271.00–289.001,474113
Heifers—Medium and Large 1-2533260.20/cwt248.00–268.001,38743
Heifers—Medium and Large 1Unweaned536270.00/cwt270.00–270.001,4476
Heifers—Medium 1538262.00/cwt262.00–262.001,4106
Heifers—Medium and Large 1Thin Fleshed556288.00/cwt288.00–288.001,60120
Heifers—Large 1565250.00/cwt250.00–250.001,4133
Heifers—Medium and Large 1584264.78/cwt258.00–276.001,546138
Heifers—Medium and Large 1-2594251.44/cwt250.00–255.001,49435
Heifers—Medium and Large 1Fancy600266.00/cwt266.00–266.001,59631
Heifers—Medium and Large 1Replacement609266.00/cwt266.00–266.001,62024
Heifers—Medium and Large 1Fleshy617246.00/cwt246.00–246.001,51849
Heifers—Medium and Large 1618254.62/cwt247.00–261.001,574256
Heifers—Medium and Large 1-2624242.12/cwt236.00–246.001,51115
Heifers—Large 1629237.00/cwt237.00–237.001,4916
Heifers—Medium and Large 1Unweaned639241.00/cwt241.00–241.001,5408
Heifers—Medium and Large 1Fleshy664235.50/cwt235.50–235.501,56473
Heifers—Medium and Large 1680242.17/cwt236.00–251.751,647124
Heifers—Medium and Large 1-2680227.31/cwt222.00–231.001,54614
Heifers—Medium and Large 1-2Fleshy681219.00/cwt219.00–219.001,49111
Heifers—Medium and Large 1713232.72/cwt229.00–238.501,659128
Heifers—Medium and Large 1-2716210.78/cwt210.00–212.001,5095
Heifers—Large 1723211.00/cwt211.00–211.001,5265
Heifers—Medium and Large 1Full730219.00/cwt219.00–219.001,59933
Heifers—Medium and Large 1754219.00/cwt219.00–219.001,6518
Heifers—Medium and Large 1-2862188.87/cwt186.00–194.001,62826
Heifers—Medium and Large 1987199.00/cwt199.00–199.001,96413
Heifers—Medium and Large 1-21,005179.00/cwt179.00–179.001,7996
Heifers—Large 11,095181.50/cwt181.50–181.501,9875
Feeder Cattle · Bulls5 lots · lightest first
Bulls—Medium and Large 1Thin Fleshed344361.00/cwt361.00–361.001,24244
Bulls—Medium and Large 1Thin Fleshed426349.00/cwt349.00–349.001,48753
Bulls—Medium and Large 1487305.00/cwt305.00–305.001,4855
Bulls—Medium and Large 1640230.00/cwt230.00–230.001,4721
Bulls—Medium and Large 1805204.00/cwt204.00–204.001,6421
Slaughter Cattle · Bulls4 lots · lightest first
Bulls——1,788101.98/cwt88.00–106.001,8238
Bulls——1,868114.84/cwt110.50–121.002,1456
Bulls——2,330107.00/cwt107.00–107.002,4931
Bulls——Heavy Weight2,520126.00/cwt126.00–126.003,1751
Slaughter Cattle · Cows11 lots · lightest first
Cows—Lean 85-90%Light Weight94564.00/cwt64.00–64.006051
Cows—Lean 85-90%1,07563.00/cwt63.00–63.006773
Cows—Lean 85-90%Return to Feed1,13878.02/cwt75.50–82.0088819
Cows—Lean 85-90%1,16175.89/cwt68.00–81.0088115
Cows—Lean 85-90%1,20185.21/cwt85.00–86.001,0235
Cows—Boner 80-85%1,33891.22/cwt86.00–93.501,22110
Cows—Boner 80-85%Return to Feed1,36583.00/cwt83.00–83.001,1331
Cows—Boner 80-85%1,42080.52/cwt78.00–82.001,1434
Cows—Boner 80-85%Return to Feed1,52692.33/cwt88.50–95.501,40921
Cows—Breaker 75-80%1,79585.50/cwt85.50–85.501,5352
Cows—Breaker 75-80%Return to Feed1,87598.50/cwt98.50–98.501,8471
Replacement Cattle · Stock Cows3 lots · lightest first
Stock Cows—Medium and Large 1-2828120.00/cwt120.00–120.009943
Stock Cows—Medium and Large 1946146.93/cwt110.00–187.001,39074
Stock Cows—Medium and Large 11,035120.16/cwt92.00–135.001,2447

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.