Sale reports / Montana / Billings Livestock Commission / 2024-04-04

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Apr 4
● Final78 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
4,966 head
▲ 4,801 vs last sale 165▲ 4,656 vs year ago 310 · +1,501.9%
Slaughter Cattle receipts
105 head
▼ 223 vs last sale 328▼ 305 vs year ago 410 · −74.4%
Replacement Cattle receipts
172 head
▲ 38 vs last sale 134▼ 198 vs year ago 370 · −53.5%
Also sold here(Mon)Mon Oct 26, 2026
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Reporter comment USDA

As filed

Compared to a week ago: Feeder cattle were too lightly tested last sale to develop an accurate market trend, however steady to firm undertones were noticed on all offerings. Quality this sale was mixed from plain to very attractive. Several load lots were seen this sale and all sold on good to very good demand. Packages sold on mostly good demand as buyers were able to piece together loads of like quality cattle. Demand for grass cattle and replacement quality heifers was very good. Replacement heifer buyers and buyers looking for attractive grass heifers both showed good to very good demand. Market activity was active to very active for todays spring N.I.L.E. special. Weigh up cows sold on mostly good demand for light to offerings. Slaughter cows sold mostly steady to 2.00 higher on all classes of slaughter cows. Feeding cows were too lightly tested to develop a full market trend. Slaughter bulls were too lightly tested to develop an accurate market trend. Young age cows suitable to feed or rebreed sold with steady undertones. Quality this week was average to attractive.

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $292.83/cwt on 890 head. That ranks 1 of 23 comparable sales and sits −118.79 against this barn's trailing median of $411.62.
Average price
$292.83
890 head · 563 lb average
Value per head Derived
$1,648
Price × average weight ÷ 100
Grade differential Derived
$381
per head · Medium and Large 1 over Medium and Large 2
$57.86/cwt at this weight
vs the market
−0.32
vs MT average
+22.24 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1567301.571,710688
Medium and Large 1-2548269.101,475154
Medium and Large 2546243.721,32948
One grade step is worth $57.86/cwt here — about $381 a head. Across this sale the premium is widest at 500–600 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 500–600 lb

Same class and week · spot auction only
This sale890 hd
292.83
—
MT average3 barns · 970 hd
293.15
−0.32
National average179 barns · 13,329 hd
270.59
+22.24
This barn, trailing median23 sales
411.62
−118.79
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

This barn's trailing prices 500–600 lb

23 sales
483428373319median 411.6203/0504/3006/1109/2410/29
Heifers 500–600 lb: high $469.35, low $332.50, median $411.62 across 23 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

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—High1,780167.002,9731thin
CowsBoner 80-85%Low1,365129.831,77217
CowsBreaker 75-80%Average1,446129.271,8697thin

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 Heifers3rd Stage (7-9 mo)(<2 yrs)852$1,3253thin
Bred Heifers3rd Stage (7-9 mo)Young (2-4 yrs)1,150$1,1004thin

Every lot

78 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 · Steers27 lots · lightest first
Steers350–400Medium and Large 1374401.28/cwt400.00–404.001,50116
Steers350–400Medium and Large 1-2380367.71/cwt356.00–380.001,39718
Steers400–450Medium and Large 1-2419360.77/cwt340.00–370.001,51216
Steers400–450Medium and Large 2425318.38/cwt310.00–330.001,3537
Steers400–450Medium and Large 1437392.75/cwt382.00–407.001,71649
Steers450–500Medium and Large 1469379.56/cwt365.00–386.001,78075
Steers450–500Medium and Large 1-2471352.15/cwt327.00–373.001,65932
Steers450–500Medium and Large 2490314.34/cwt312.00–325.001,54017
Steers500–550Medium and Large 1530352.15/cwt335.00–368.001,866293
Steers500–550Medium and Large 1-2535317.99/cwt290.00–335.001,70143
Steers550–600Medium and Large 1569334.71/cwt320.00–343.001,904171
Steers550–600Medium and Large 1-2577315.72/cwt306.00–323.001,82235
Steers600–650Medium and Large 2607212.59/cwt210.00–220.001,29020
Steers600–650Medium and Large 1627315.18/cwt296.00–324.001,976419
Steers600–650Medium and Large 1-2645293.26/cwt276.00–298.001,89224
Steers650–700Medium and Large 1-2675276.99/cwt265.00–290.001,87041
Steers650–700Medium and Large 1679297.63/cwt280.00–304.002,021219
Steers650–700Medium and Large 2682239.56/cwt227.00–252.001,63410
Steers700–750Medium and Large 1-2720250.53/cwt241.00–255.001,80413
Steers700–750Medium and Large 1731268.50/cwt262.00–281.001,96368
Steers750–800Medium and Large 1Fancy750280.00/cwt280.00–280.002,10087
Steers750–800Medium and Large 2765213.92/cwt208.00–220.001,6364
Steers750–800Medium and Large 1-2786229.27/cwt222.00–234.001,80217
Steers750–800Medium and Large 1789252.20/cwt248.00–258.001,990107
Steers800–850Medium and Large 1-2825221.34/cwt217.00–225.001,82611
Steers850–900Medium and Large 1888234.19/cwt232.00–236.002,08011
Steers900–950Medium and Large 1-2944217.59/cwt214.00–219.002,0547
Feeder Cattle · Heifers34 lots · lightest first
Heifers300–350Medium and Large 1-2327330.71/cwt326.00–340.001,0816
Heifers300–350Medium and Large 2335308.48/cwt307.00–310.001,0334
Heifers350–400Medium and Large 1357345.23/cwt342.00–350.001,2325
Heifers350–400Medium and Large 2373314.30/cwt310.00–315.001,17214
Heifers350–400Medium and Large 1-2385335.15/cwt322.00–344.001,29033
Heifers400–450Medium and Large 1430333.61/cwt325.00–344.001,435169
Heifers400–450Medium and Large 1-2432316.22/cwt305.00–329.001,36654
Heifers450–500Medium and Large 1-2478296.63/cwt282.00–306.001,41833
Heifers450–500Medium and Large 1483321.70/cwt313.00–331.001,554199
Heifers450–500Medium and Large 2485275.21/cwt270.00–290.001,33524
Heifers500–550Medium and Large 2514245.43/cwt245.00–247.001,26224
Heifers500–550Medium and Large 1521311.82/cwt292.00–320.001,625100
Heifers500–550Medium and Large 1-2527266.35/cwt255.00–280.001,40490
Heifers550–600Medium and Large 1575299.83/cwt288.00–315.001,724588
Heifers550–600Medium and Large 2577242.00/cwt237.00–262.001,39624
Heifers550–600Medium and Large 1-2578272.97/cwt254.00–284.001,57864
Heifers600–650Medium and Large 1608285.10/cwt277.00–297.001,733214
Heifers600–650Medium and Large 1-2615270.57/cwt257.00–279.001,66478
Heifers600–650Medium and Large 2621236.73/cwt215.00–250.001,47011
Heifers600–650Medium and Large 1-2Replacement6301,894.59/head1,835.00–1,900.001,895370
Heifers650–700Medium and Large 1-2Replacement6721,910.00/head1,910.00–1,910.001,91021
Heifers650–700Medium and Large 1673271.43/cwt259.00–290.001,827166
Heifers650–700Medium and Large 1-2676254.65/cwt240.00–262.001,72138
Heifers650–700Medium and Large 2690227.25/cwt215.00–233.001,56813
Heifers700–750Medium and Large 1-2Replacement7102,000.66/head1,960.00–2,025.002,001158
Heifers700–750Medium and Large 1716264.24/cwt252.00–270.001,892123
Heifers700–750Medium and Large 1-2727246.15/cwt237.00–260.001,79028
Heifers750–800Medium and Large 1757256.86/cwt246.00–270.001,94438
Heifers750–800Medium and Large 1-2781243.04/cwt234.00–253.001,89831
Heifers750–800Medium and Large 1-2Replacement7892,098.47/head1,950.00–2,185.002,098141
Heifers750–800Medium and Large 2789206.43/cwt200.00–217.001,6298
Heifers800–850Medium and Large 1808233.54/cwt225.00–237.001,8877
Heifers800–850Medium and Large 1-2Replacement8322,203.10/head2,200.00–2,210.002,203125
Heifers850–900Medium and Large 1-2Replacement8542,075.00/head2,075.00–2,075.002,0758
Feeder Cattle · Bulls6 lots · lightest first
Bulls350–400Medium and Large 1-2377375.00/cwt375.00–375.001,41414
Bulls450–500Medium and Large 1-2476337.65/cwt320.00–340.001,60743
Bulls500–550Medium and Large 1-2526291.43/cwt290.00–305.001,53310
Bulls550–600Medium and Large 1-2578276.23/cwt275.00–277.001,5975
Bulls600–650Medium and Large 1609309.00/cwt309.00–309.001,88214
Bulls700–750Medium and Large 1-2739253.00/cwt253.00–253.001,8708
Slaughter Cattle · Bulls1 lot · lightest first
Bulls——1,780167.00/cwt167.00–167.002,9731
Slaughter Cattle · Cows6 lots · lightest first
Cows—Boner 80-85%Return to Feed1,085129.23/cwt127.00–131.001,4022
Cows—Boner 80-85%1,307128.77/cwt121.00–137.001,68310
Cows—Breaker 75-80%1,446129.27/cwt122.00–135.001,8697
Cows—Boner 80-85%1,580122.49/cwt122.00–123.001,9352
Cows—Boner 80-85%Return to Feed1,595139.49/cwt137.00–142.002,2252
Cows—Boner 80-85%1,610137.00/cwt137.00–137.002,2061
Replacement Cattle · Stock Cows2 lots · lightest first
Stock Cows—Medium and Large 1-2874191.67/cwt185.00–193.001,6756
Stock Cows—Medium and Large 1-2912175.89/cwt167.00–184.001,60413
Replacement Cattle · Bred Heifers2 lots · lightest first
Bred Heifers—Medium and Large 1-28521,325.15/head1,100.00–1,750.001,3253
Bred Heifers—Medium and Large 1-21,1501,100.00/head1,100.00–1,100.001,1004

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.