Sale reports / Montana / Billings Livestock Commission / 2024-02-01

Billings Livestock Commission

Name: Billings Livestock Commission livestock auction prices — 2024-02-01
Creator: RaisedBeef
Published: 2024-02-01

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Feb 1

● Final68 lots reportedUSDA AMS · slug 1777

← Jan 25Feb 1Feb 8 →

Feeder Cattle receipts

222 head

▼ 4,006 vs last sale 4,228▼ 474 vs year ago 696 · −68.1%

Slaughter Cattle receipts

672 head

▲ 192 vs last sale 480▲ 458 vs year ago 214 · +214.0%

Replacement Cattle receipts

203 head

▲ 70 vs last sale 133▲ 115 vs year ago 88 · +130.7%

Also sold here(Mon)Mon Nov 2, 2026

View

Reporter comment USDA

As filed

Compared to last week: Feeder cattle were too lightly tested today to develop an accurate market trend, however steady undertones were noticed on like quality offerings. Quality this week was mostly plain to average and lower than last weeks very attractive offering. Demand for all feeders was moderate to good for light offerings. The best demand continues to be for cattle suitable to develop into yearlings. CME positions saw triple digit gains again today as prices continue to press higher following yesterdays cattle inventory report, which showed cattle and calves on US farms down 2% at 87.2 million head. The March contract closed at 244.875, while the April closed at 250.525, 6.70 higher and 6.60 higher than last Thursdays close. Market activity was mostly active this week. Weigh up cows sold on good to very good demand for light to moderate offerings. Slaughter cow demand was good to very good, as packer buyers bid against private feeders in an attempt to secure offerings. Slaughter cow offerings sold steady to 3.00 higher on all classes. Feeding cow buyers remain very aggressive as they push to buy as many cows as possible. Feeding cows sold generally steady to 3.00 higher as well with good demand seen for all offerings. Slaughter bulls sold steady in a narrow comparison. Young age cows suitable to feed or rebreed were not well compared. More heifers that lost calves were seen this week making comparisons difficult. Demand for this class was very good as feeding demand continues to improve with higher live cattle contract prices. Many buyers continue to buy coming 2 and coming 3 year old heifers that haven't calved to feed as they hope to feed this class to choice.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $304.92/cwt on 104 head.

Average price

$304.92

104 head · 539 lb average

Value per head Derived

$1,643

Price × average weight ÷ 100

Grade differential Derived

−$426

per head · Medium 1-2 over Medium and Large 2

$20.00/cwt at this weight

vs the market

+4.85

vs MT average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium 1-2	323	310.00	1,001	8thin
Medium and Large 1	565	307.25	1,735	63
Medium and Large 1-2	547	300.17	1,642	30
Medium and Large 2	492	290.00	1,427	3thin

One grade step is worth $20.00/cwt here — about −$426 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 sale104 hd

304.92

—

MT average3 barns · 1,922 hd

300.07

+4.85

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.

Class	Grade	Dressing	Avg wt	$/cwt	$/head	Head
Bulls	—	High	1,773	106.48	1,888	28
Cows	Breaker 75-80%	Low	1,579	103.77	1,639	26
Cows	Boner 80-85%	Average	1,389	99.84	1,387	133
Cows	Lean 85-90%	Average	1,181	93.76	1,107	391

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.

Class	Stage	Age	Avg wt	$/head	Head
Bred Cows	2nd Stage (4-6 mo)	Middle Aged (5-8 yrs)	1,145	$2,000	2thin
Bred Cows	2nd Stage (4-6 mo)	Young (2-4 yrs)	1,098	$1,800	2thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Middle Aged/Aged (>5 yrs)	1,347	$1,620	6
Bred Cows	2nd/3rd Stage (4-9 mo)	Aged (>8 yrs)	1,292	$1,523	10
Bred Cows	1st/2nd Stage (1-6 mo)	Young (2-4 yrs)	1,240	$1,500	2thin

Every lot

68 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.

Class	Weight	Grade / description	Avg wt	Price	Range	Per head	Head
Feeder Cattle · Steers13 lots · lightest first
Steers	—	Medium 1-2	323	310.00/cwt	310.00–310.00	1,001	8
Steers	—	Medium and Large 1-2	341	350.00/cwt	350.00–350.00	1,194	5
Steers	—	Medium and Large 1	402	342.50/cwt	342.50–342.50	1,377	3
Steers	—	Medium and Large 1-2	442	330.00/cwt	330.00–330.00	1,459	3
Steers	—	Medium and Large 1	460	340.00/cwt	340.00–340.00	1,564	2
Steers	—	Medium and Large 1-2	480	320.00/cwt	320.00–320.00	1,536	1
Steers	—	Medium and Large 2	492	290.00/cwt	290.00–290.00	1,427	3
Steers	—	Medium and Large 1	523	326.86/cwt	323.00–331.00	1,709	16
Steers	—	Medium and Large 1	578	302.16/cwt	301.50–305.00	1,746	36
Steers	—	Medium and Large 1-2	589	293.67/cwt	289.00–294.00	1,730	15
Steers	—	Medium and Large 1	650	272.00/cwt	272.00–272.00	1,768	1
Steers	—	Medium and Large 1-2	677	256.67/cwt	255.00–260.00	1,738	6
Steers	—	Medium and Large 1	724	254.00/cwt	254.00–254.00	1,839	5
Feeder Cattle · Heifers13 lots · lightest first
Heifers	—	Medium and Large 1	318	320.00/cwt	320.00–320.00	1,018	2
Heifers	—	Medium 1-2	380	295.00/cwt	295.00–295.00	1,121	3
Heifers	—	Medium and Large 2	392	292.50/cwt	292.50–292.50	1,147	7
Heifers	—	Medium and Large 1-2	443	300.00/cwt	300.00–300.00	1,329	2
Heifers	—	Medium and Large 1	466	295.00/cwt	295.00–295.00	1,375	10
Heifers	—	Medium and Large 2	548	245.00/cwt	245.00–245.00	1,343	2
Heifers	—	Medium and Large 1	562	265.93/cwt	264.00–268.00	1,495	19
Heifers	—	Medium and Large 1-2	579	258.58/cwt	255.00–262.00	1,497	8
Heifers	—	Medium and Large 1-2	648	220.00/cwt	220.00–220.00	1,426	2
Heifers	—	Medium and Large 1	661	244.00/cwt	244.00–244.00	1,613	7
Heifers	—	Medium and Large 1-2	730	216.00/cwt	216.00–216.00	1,577	7
Heifers	—	Medium and Large 1	741	241.58/cwt	241.00–244.00	1,790	5
Heifers	—	Medium and Large 1Full	860	215.00/cwt	215.00–215.00	1,849	2
Feeder Cattle · Bulls4 lots · lightest first
Bulls	—	Medium and Large 1	627	255.00/cwt	255.00–255.00	1,599	3
Bulls	—	Medium and Large 1	840	217.00/cwt	217.00–217.00	1,823	1
Bulls	—	Medium and Large 1-2	945	175.00/cwt	175.00–175.00	1,654	2
Bulls	—	Medium and Large 1	1,033	180.00/cwt	180.00–180.00	1,859	2
Slaughter Cattle · Bulls4 lots · lightest first
Bulls	—	—Light Weight	1,373	98.48/cwt	94.00–103.00	1,352	5
Bulls	—	—	1,813	103.47/cwt	95.00–109.00	1,876	15
Bulls	—	—	1,920	113.51/cwt	111.00–117.00	2,179	4
Bulls	—	—	1,979	120.71/cwt	119.50–122.00	2,389	4
Slaughter Cattle · Cows21 lots · lightest first
Cows	—	Lean 85-90%Light Weight	930	52.50/cwt	52.50–52.50	488	2
Cows	—	Lean 85-90%Light Weight	985	92.00/cwt	92.00–92.00	906	1
Cows	—	Lean 85-90%	1,035	75.27/cwt	73.00–78.00	779	6
Cows	—	Lean 85-90%	1,144	85.60/cwt	79.00–93.00	979	66
Cows	—	Lean 85-90%Return to Feed	1,188	96.22/cwt	93.00–100.00	1,143	253
Cows	—	Lean 85-90%	1,200	95.50/cwt	92.00–98.50	1,146	24
Cows	—	Lean 85-90%Return to Feed	1,218	87.69/cwt	86.00–92.00	1,068	18
Cows	—	Lean 85-90%Return to Feed	1,229	102.23/cwt	102.00–105.00	1,256	18
Cows	—	Lean 85-90%	1,285	103.00/cwt	102.50–104.00	1,324	3
Cows	—	Boner 80-85%	1,304	90.27/cwt	87.00–93.00	1,177	7
Cows	—	Boner 80-85%Return to Feed	1,348	93.01/cwt	91.00–94.00	1,254	10
Cows	—	Boner 80-85%Return to Feed	1,385	100.74/cwt	95.00–105.00	1,395	90
Cows	—	Boner 80-85%Return to Feed	1,427	106.18/cwt	105.00–106.50	1,515	11
Cows	—	Boner 80-85%	1,444	97.10/cwt	93.00–104.50	1,402	13
Cows	—	Breaker 75-80%	1,490	104.50/cwt	104.50–104.50	1,557	2
Cows	—	Boner 80-85%	1,505	110.10/cwt	106.50–113.00	1,657	2
Cows	—	Breaker 75-80%	1,557	98.31/cwt	95.50–100.00	1,531	6
Cows	—	Breaker 75-80%Return to Feed	1,559	103.00/cwt	103.00–103.00	1,606	4
Cows	—	Breaker 75-80%Return to Feed	1,563	98.00/cwt	98.00–98.00	1,532	2
Cows	—	Breaker 75-80%Return to Feed	1,609	107.13/cwt	106.50–108.00	1,724	4
Cows	—	Breaker 75-80%	1,618	107.83/cwt	106.50–109.00	1,745	8
Replacement Cattle · Stock Cows5 lots · lightest first
Stock Cows	—	Medium and Large 1-2	864	161.37/cwt	120.00–185.00	1,394	10
Stock Cows	—	Medium and Large 1	976	139.67/cwt	102.00–163.00	1,363	100
Stock Cows	—	Medium and Large 1-2	985	105.00/cwt	105.00–105.00	1,034	1
Stock Cows	—	Medium and Large 1	995	177.77/cwt	143.00–191.50	1,769	35
Stock Cows	—	Medium and Large 1	1,180	102.99/cwt	96.00–105.00	1,215	5
Replacement Cattle · Bred Cows8 lots · lightest first
Bred Cows	—	Medium and Large 1-2Thin Fleshed	1,093	1,100.00/head	1,100.00–1,100.00	1,100	2
Bred Cows	—	Medium and Large 1	1,098	1,800.00/head	1,800.00–1,800.00	1,800	2
Bred Cows	—	Medium and Large 1	1,145	2,000.00/head	2,000.00–2,000.00	2,000	2
Bred Cows	—	Medium and Large 1	1,240	1,500.00/head	1,500.00–1,500.00	1,500	2
Bred Cows	—	Medium and Large 1Broken Mouth	1,289	109.00/cwt	109.00–109.00	1,405	24
Bred Cows	—	Medium and Large 1-2	1,295	1,575.00/head	1,575.00–1,575.00	1,575	4
Bred Cows	—	Medium and Large 1Broken Mouth	1,342	1,628.88/head	1,610.00–1,700.00	1,629	8
Bred Cows	—	Medium and Large 1	1,450	1,710.00/head	1,710.00–1,710.00	1,710	2

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.

Montana feeder prices, every weight →Every state and region →

Billings Livestock Commission Cattle Auction - Billings, MT (Thu)

Thu Feb 1, 2024

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Billings, MT (LS-BL)

Feeder CattleReceipts 222Last week 4,228Year ago 696

Slaughter CattleReceipts 672Last week 480Year ago 214

Replacement CattleReceipts 203Last week 133Year ago 88

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2$ per cwt · actual wt
2	—	648	220.00	220.00
7	—	730	216.00	216.00
8	—	579	255.00–262.00	258.58
2	—	443	300.00	300.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
19	—	562	264.00–268.00	265.93
7	—	661	244.00	244.00
10	—	466	295.00	295.00
5	—	741	241.00–244.00	241.58
2	—	318	320.00	320.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium 1-2$ per cwt · actual wt
3	—	380	295.00	295.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
7	—	392	292.50	292.50
2	—	548	245.00	245.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Full$ per cwt · actual wt
2	—	860	215.00	215.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
3	—	492	290.00	290.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium 1-2$ per cwt · actual wt
8	—	323	310.00	310.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
16	—	523	323.00–331.00	326.86
1	—	650	272.00	272.00
5	—	724	254.00	254.00
2	—	460	340.00	340.00
36	—	578	301.50–305.00	302.16
3	—	402	342.50	342.50

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
5	—	341	350.00	350.00
15	—	589	289.00–294.00	293.67
3	—	442	330.00	330.00
6	—	677	255.00–260.00	256.67
1	—	480	320.00	320.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1-2$ per cwt · actual wt
2	—	945	175.00	175.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
2	—	1,033	180.00	180.00
1	—	840	217.00	217.00
3	—	627	255.00	255.00

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Stock Cows — Medium and Large 1$ per cwt · actual wt
(<2 yrs)	Open	35	—	995	143.00–191.50	177.77
Young/Middle Aged (2-8 yrs)	Open	5	—	1,180	96.00–105.00	102.99
Young (2-4 yrs)	Open	100	—	976	102.00–163.00	139.67

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Stock Cows — Medium and Large 1-2$ per cwt · actual wt
(<2 yrs)	Open	10	—	864	120.00–185.00	161.37
Young (2-4 yrs)	Open	1	—	985	105.00	105.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1$ per head · actual wt
Young (2-4 yrs)	2nd Stage (4-6 mo)	2	—	1,098	1,800.00	1,800.00
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	2	—	1,145	2,000.00	2,000.00
Middle Aged/Aged (>5 yrs)	2nd/3rd Stage (4-9 mo)	2	—	1,450	1,710.00	1,710.00
Young (2-4 yrs)	1st/2nd Stage (1-6 mo)	2	—	1,240	1,500.00	1,500.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1-2$ per head · actual wt
Middle Aged/Aged (>5 yrs)	2nd/3rd Stage (4-9 mo)	4	—	1,295	1,575.00	1,575.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1-2 · Thin Fleshed$ per head · actual wt
Aged (>8 yrs)	2nd/3rd Stage (4-9 mo)	2	—	1,093	1,100.00	1,100.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1 · Broken Mouth$ per head · actual wt
Aged (>8 yrs)	2nd/3rd Stage (4-9 mo)	8	—	1,342	1,610.00–1,700.00	1,628.88
Aged (>8 yrs)	2nd/3rd Stage (4-9 mo)	24	—	1,289	109.00	109.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85% · Return to Feed$ per cwt · actual wt
90	—	1,385	95.00–105.00	100.74
11	—	1,427	105.00–106.50	106.18
10	—	1,348	91.00–94.00	93.01

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
24	—	1,200	92.00–98.50	95.50
6	—	1,035	73.00–78.00	75.27
66	—	1,144	79.00–93.00	85.60
3	—	1,285	102.50–104.00	103.00

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80% · Return to Feed$ per cwt · actual wt
2	—	1,563	98.00	98.00
4	—	1,559	103.00	103.00
4	—	1,609	106.50–108.00	107.13

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80%$ per cwt · actual wt
2	—	1,490	104.50	104.50
8	—	1,618	106.50–109.00	107.83
6	—	1,557	95.50–100.00	98.31

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
2	—	1,505	106.50–113.00	110.10
7	—	1,304	87.00–93.00	90.27
13	—	1,444	93.00–104.50	97.10

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90% · Return to Feed$ per cwt · actual wt
253	—	1,188	93.00–100.00	96.22
18	—	1,229	102.00–105.00	102.23
18	—	1,218	86.00–92.00	87.69

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90% · Light Weight$ per cwt · actual wt
2	—	930	52.50	52.50
1	—	985	92.00	92.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
4	—	1,979	119.50–122.00	120.71
15	—	1,813	95.00–109.00	103.47
4	—	1,920	111.00–117.00	113.51

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Light Weight$ per cwt · actual wt
5	—	1,373	94.00–103.00	98.48

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.