Sale reports / Montana / Billings Livestock Commission / 2024-05-02

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, May 2
● Final98 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
2,294 head
▲ 2,091 vs last sale 203▲ 1,991 vs year ago 303 · +657.1%
Slaughter Cattle receipts
135 head
▼ 386 vs last sale 521▼ 458 vs year ago 593 · −77.2%
Replacement Cattle receipts
127 head
▼ 164 vs last sale 291▼ 275 vs year ago 402 · −68.4%
Also sold here(Mon)Mon Nov 2, 2026
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Reporter comment USDA

As filed

Compared to last sale: The last sale was two weeks ago and too few feeder cattle sold to develop any market trend. Demand for feeders was good to very good for light to moderate offerings. Quality this week was mostly plain to average, with a few packages of attractive replacement heifers seen. Very few home-raised cattle were seen this sale as many sets were cuts off video sales or sorts out of feedlots. Nevertheless, demand was good for all offerings as feeder supplies continue to tighten. Heifer quality overall was more attractive than steer quality this sale. Package sizes were moderate this week. The best demand continues to be for cattle suitable to develop into yearlings. CME Feeder cattle contracts all closed with triple digit gains today. Demand for replacement quality heifers was mostly good as several buyers bid aggressively over attractive quality offerings. Market activity was mostly active this week, with a good crowd on hand actively bidding on offerings. Weigh up cows sold on good to very good demand for light offerings. Packers and private feeders both showed good demand for all cows on offer. Slaughter cows were too lightly tested this week to develop a full market trend, however higher to sharply higher undertones were noticed. Feeding cows sold mostly 4.00-6.00 higher in a narrow comparison. Quality was mostly average this week. Weigh up conditions were mixed this sale. Slaughter bulls sold mostly 2.00-4.00 higher in a narrow comparison. Young age cows suitable to feed or rebreed were too lightly tested last sale to develop any market trend. Quality was mostly average this week. Demand was mostly good with the best demand seen for cows which lost calves.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $322.92/cwt on 181 head. That ranks 1 of 22 comparable sales and sits −120.03 against this barn's trailing median of $442.94.
Average price
$322.92
181 head · 561 lb average
Value per head Derived
$1,810
Price × average weight ÷ 100
Grade differential Derived
$425
per head · Medium and Large 1 over Medium and Large 2
$44.58/cwt at this weight
vs the market
+0.04
vs MT average
+14.31 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1560334.581,875101
Medium and Large 1-2561311.031,74456
Medium 1566302.621,71422
Medium and Large 2500290.001,4502thin
One grade step is worth $44.58/cwt here — about $425 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 sale181 hd
322.92
—
MT average3 barns · 187 hd
322.88
+0.04
National average166 barns · 9,614 hd
308.61
+14.31
This barn, trailing median22 sales
442.94
−120.03
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

22 sales
540488436384median 442.9403/0504/3006/1109/2410/29
Steers 500–600 lb: high $525.97, low $398.08, median $442.94 across 22 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—Average1,833146.112,67827
CowsBoner 80-85%Low1,374130.981,80038
CowsBreaker 75-80%Low1,830127.162,3266thin
CowsLean 85-90%Low1,166121.121,41259

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 Cows3rd Stage (7-9 mo)Middle Aged (5-8 yrs)1,188$2,4252thin
Bred Cows3rd Stage (7-9 mo)Middle Aged/Aged (>5 yrs)1,603$1,9002thin

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 · Steers30 lots · lightest first
Steers300–350Medium and Large 1-2347380.00/cwt380.00–380.001,3193
Steers350–400Medium and Large 1-2370372.54/cwt367.50–380.001,37812
Steers450–500Medium and Large 1-2496332.32/cwt330.00–347.501,64815
Steers500–550Medium and Large 2500290.00/cwt290.00–290.001,4502
Steers500–550Medium and Large 1505356.37/cwt346.00–367.501,80021
Steers500–550Medium and Large 1-2518326.74/cwt316.00–332.501,69324
Steers500–550Medium 1518317.50/cwt317.50–317.501,6453
Steers550–600Medium 1574300.27/cwt290.00–315.001,72419
Steers550–600Medium and Large 1575328.86/cwt310.50–339.001,89180
Steers550–600Medium and Large 1-2593299.25/cwt293.00–308.001,77532
Steers600–650Medium 1606310.50/cwt310.50–310.501,8825
Steers600–650Medium and Large 1609312.11/cwt303.00–315.001,90191
Steers600–650Medium and Large 2622275.50/cwt275.50–275.501,71410
Steers650–700Medium and Large 1664296.51/cwt280.00–303.001,969211
Steers650–700Large 1675283.00/cwt283.00–283.001,91011
Steers650–700Medium and Large 1-2690270.17/cwt250.00–279.001,86427
Steers650–700Medium and Large 1Fleshy695265.00/cwt265.00–265.001,84211
Steers700–750Large 1713240.00/cwt240.00–240.001,7118
Steers700–750Medium and Large 1-2715262.76/cwt247.50–266.001,87946
Steers700–750Medium and Large 1722270.98/cwt268.00–279.001,95673
Steers750–800Medium and Large 1-2770247.52/cwt246.00–249.001,90617
Steers750–800Medium and Large 1778254.37/cwt250.25–265.501,979254
Steers750–800Medium 1780235.00/cwt235.00–235.001,8332
Steers800–850Medium and Large 1801250.50/cwt250.50–250.502,0074
Steers800–850Medium and Large 1Full813240.00/cwt240.00–240.001,9514
Steers850–900Medium and Large 1Fleshy867228.80/cwt226.00–232.001,98416
Steers850–900Large 1878224.00/cwt224.00–224.001,9672
Steers900–950Medium and Large 1Fleshy921220.76/cwt219.00–221.502,03317
Steers1000–1050Medium and Large 1Fleshy1,026215.00/cwt215.00–215.002,2067
Steers1050–1100Large 11,051215.50/cwt215.50–215.502,2656
Feeder Cattle · Heifers30 lots · lightest first
Heifers300–350Medium and Large 1-2322330.00/cwt330.00–330.001,0633
Heifers350–400Medium and Large 1-2352327.50/cwt327.50–327.501,15312
Heifers350–400Medium and Large 2392292.50/cwt292.50–292.501,1475
Heifers400–450Medium and Large 1-2408320.00/cwt320.00–320.001,30617
Heifers400–450Medium and Large 1409332.11/cwt331.00–332.501,3588
Heifers400–450Medium and Large 2441285.00/cwt285.00–285.001,2574
Heifers450–500Medium and Large 2463258.84/cwt255.00–262.501,19818
Heifers450–500Medium and Large 1-2488298.11/cwt297.50–300.001,4558
Heifers500–550Medium and Large 1510295.51/cwt293.00–296.001,50743
Heifers500–550Medium and Large 1-2516287.43/cwt280.75–296.001,48340
Heifers550–600Medium and Large 1Fleshy565261.00/cwt261.00–261.001,47511
Heifers550–600Medium and Large 1-2572253.68/cwt250.50–280.001,45119
Heifers550–600Medium and Large 1581285.85/cwt279.50–292.501,661179
Heifers600–650Medium and Large 1611278.70/cwt270.00–281.501,70348
Heifers600–650Medium 1633223.00/cwt223.00–223.001,4126
Heifers600–650Medium and Large 1-2638258.12/cwt251.50–269.001,64743
Heifers650–700Medium and Large 1668269.87/cwt262.00–273.501,80350
Heifers650–700Medium and Large 1-2687256.00/cwt256.00–256.001,7595
Heifers700–750Medium and Large 1709256.61/cwt248.00–260.001,81940
Heifers700–750Medium and Large 1-2734245.51/cwt242.00–247.001,8028
Heifers700–750Medium and Large 1Full749244.00/cwt244.00–244.001,8285
Heifers750–800Medium and Large 1Replacement754249.00/cwt249.00–249.001,87743
Heifers750–800Medium and Large 1762242.66/cwt239.00–249.001,84998
Heifers750–800Medium 1764221.00/cwt221.00–221.001,68813
Heifers750–800Medium and Large 1-2780234.89/cwt230.00–236.001,83211
Heifers750–800Medium and Large 1Replacement7811,960.00/head1,960.00–1,960.001,96053
Heifers800–850Medium and Large 1823227.97/cwt224.50–231.001,87610
Heifers800–850Medium and Large 1Fleshy824226.50/cwt226.50–226.501,86630
Heifers850–900Medium and Large 1Replacement8772,010.00/head2,010.00–2,010.002,01021
Heifers900–950Medium and Large 1Fleshy942211.00/cwt211.00–211.001,9883
Feeder Cattle · Bulls9 lots · lightest first
Bulls150–200Medium and Large 1150470.00/head450.00–500.004705
Bulls550–600Medium and Large 1574310.00/cwt310.00–310.001,7794
Bulls600–650Medium 1624270.00/cwt270.00–270.001,68510
Bulls600–650Medium and Large 1-2625260.00/cwt260.00–260.001,6253
Bulls750–800Medium and Large 1763234.00/cwt229.00–244.001,7859
Bulls800–850Medium and Large 1823239.00/cwt239.00–239.001,96714
Bulls900–950Medium and Large 1-2902222.50/cwt222.50–222.502,0076
Bulls950–1000Medium and Large 1969216.26/cwt214.00–218.002,0967
Bulls950–1000Medium and Large 1-2981213.01/cwt212.00–215.002,0906
Slaughter Cattle · Bulls4 lots · lightest first
Bulls——Return to Feed1,519138.73/cwt138.00–139.002,1073
Bulls——1,825130.59/cwt120.00–137.002,3835
Bulls——1,877159.64/cwt157.00–165.002,9965
Bulls——1,887148.41/cwt140.00–154.002,80014
Slaughter Cattle · Cows17 lots · lightest first
Cows—Lean 85-90%Light Weight88097.50/cwt97.50–97.508581
Cows—Lean 85-90%1,090130.00/cwt130.00–130.001,4171
Cows—Lean 85-90%Return to Feed1,105117.67/cwt112.00–121.001,30011
Cows—Lean 85-90%1,171109.14/cwt105.00–115.001,27810
Cows—Lean 85-90%Return to Feed1,187127.37/cwt123.00–132.001,51227
Cows—Lean 85-90%1,20596.01/cwt95.00–98.001,1573
Cows—Lean 85-90%Return to Feed1,218134.26/cwt132.00–135.001,6356
Cows—Boner 80-85%1,335140.00/cwt140.00–140.001,8691
Cows—Boner 80-85%Return to Feed1,356133.54/cwt130.00–138.001,81119
Cows—Boner 80-85%Return to Feed1,386121.96/cwt118.00–124.501,6909
Cows—Boner 80-85%Return to Feed1,401138.66/cwt138.50–139.001,9436
Cows—Boner 80-85%1,410119.11/cwt117.00–121.001,6792
Cows—Boner 80-85%1,430132.00/cwt132.00–132.001,8881
Cows—Breaker 75-80%Return to Feed1,570137.00/cwt137.00–137.002,1511
Cows—Breaker 75-80%1,770133.00/cwt133.00–133.002,3541
Cows—Breaker 75-80%1,839124.32/cwt124.00–125.002,2863
Cows—Breaker 75-80%Heavy Weight2,120120.00/cwt120.00–120.002,5441
Replacement Cattle · Stock Cows6 lots · lightest first
Stock Cows—Medium 1721173.74/cwt162.00–182.501,2538
Stock Cows—Medium and Large 1Thin Fleshed751205.00/cwt205.00–205.001,5407
Stock Cows—Medium and Large 1951186.70/cwt160.00–211.001,77663
Stock Cows—Medium and Large 1-2969164.76/cwt135.00–187.501,59711
Stock Cows—Large 11,068165.73/cwt147.00–190.001,7702
Stock Cows—Medium and Large 11,080162.06/cwt132.50–183.001,75013
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 1-21,1882,425.00/head2,425.00–2,425.002,4252
Bred Cows—Medium and Large 1-21,6031,900.00/head1,900.00–1,900.001,9002

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.