Sale reports / Montana / Billings Livestock Commission / 2024-05-23

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, May 23
● Final83 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
391 head
▲ 74 vs last sale 317▼ 928 vs year ago 1,319 · −70.4%
Slaughter Cattle receipts
453 head
▼ 258 vs last sale 711▲ 224 vs year ago 229 · +97.8%
Replacement Cattle receipts
219 head
▼ 296 vs last sale 515▲ 16 vs year ago 203 · +7.9%
Also sold here(Mon)Mon Nov 2, 2026
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Reporter comment USDA

As filed

Compared to last sale: Feeder cattle were too lightly tested to develop any market trend. Demand for feeders was mostly moderate to good despite light offerings. Quality was mostly plain to average today. Most feeders were offered in small packages or as singles. CME Feeder and live cattle contracts closed slightly lower today. Market activity was mostly moderate. Weigh up cows sold on good to very good demand for moderate offerings. Packers showed good demand for all cows on offer. Slaughter cows sold mostly steady on all cows on offer. Feeding cows sold steady boning and breaking flesh cows. Thin fleshed cows sold steady to weak with fewer buyers this week buying thin fleshed cows. Quality was mostly average to very attractive this week. Private feeding cow buyers were very aggressive again this week as the bid against packer buyers over high quality offerings. Packers purchased more cows to feed this week as they are starting to put cows away for the 4th of July holiday. Weigh up conditions were mostly average to above average as many cows which were out on grass were very empty come sale time. Slaughter bulls sold unevenly steady. Bull quality was mostly attractive today. Young age cows suitable to feed or rebreed sold generally steady. Quality was mostly attractive to very attractive this week. Demand was mostly good to very good with the best demand seen for cows which lost calves.

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $230.14/cwt on 21 head. That ranks 1 of 23 comparable sales and sits −181.48 against this barn's trailing median of $411.62.
Average price
$230.14
21 head · 549 lb average
Value per head Derived
$1,264
Price × average weight ÷ 100
Grade differential Derived
$721
per head · Medium and Large 1-2 over Medium 2
$133.88/cwt at this weight
vs the market
−23.10
vs MT average
−46.32 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2545283.881,5479thin
Medium and Large 2553248.001,3713thin
Medium 1-2558242.001,3502thin
Medium 2551150.008277thin
One grade step is worth $133.88/cwt here — about $721 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 sale21 hd
230.14
—
MT average2 barns · 33 hd
253.24
−23.10
National average163 barns · 12,702 hd
276.46
−46.32
This barn, trailing median23 sales
411.62
−181.48
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—Average1,789154.122,75765
CowsBreaker 75-80%Low1,635139.892,28723
CowsBoner 80-85%Average1,438137.141,971211
CowsLean 85-90%Low1,202124.471,496137
Dairy Bulls—Low920110.001,0121thin

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)Young (2-4 yrs)1,350$2,3443thin
Bred Cows3rd Stage (7-9 mo)Young/Middle Aged (2-8 yrs)1,360$2,2502thin
Bred Heifers3rd Stage (7-9 mo)(<2 yrs)1,138$2,2532thin

Every lot

83 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 · Steers13 lots · lightest first
Steers450–500Medium and Large 1-2459334.00/cwt334.00–334.001,5337
Steers450–500Large 2498182.50/cwt182.50–182.509098
Steers500–550Medium and Large 1-2513302.92/cwt291.00–325.001,5543
Steers500–550Medium and Large 1524341.00/cwt341.00–341.001,7874
Steers550–600Medium and Large 1-2565296.41/cwt292.00–310.001,6756
Steers550–600Medium and Large 1586332.00/cwt332.00–332.001,94630
Steers650–700Medium and Large 1662286.68/cwt280.00–300.001,8986
Steers650–700Medium and Large 1-2665260.00/cwt260.00–260.001,7291
Steers750–800Medium 2752181.00/cwt181.00–181.001,3613
Steers750–800Medium and Large 1767257.00/cwt257.00–257.001,97110
Steers750–800Medium and Large 1-2779251.00/cwt251.00–251.001,9555
Steers800–850Medium and Large 2817222.50/cwt222.50–222.501,8183
Steers950–1000Medium and Large 1998225.00/cwt225.00–225.002,2463
Feeder Cattle · Heifers20 lots · lightest first
Heifers350–400Medium and Large 1-2350311.00/cwt311.00–311.001,0894
Heifers400–450Medium and Large 2431297.50/cwt297.50–297.501,2826
Heifers450–500Medium and Large 1-2478292.50/cwt292.50–292.501,3984
Heifers450–500Medium 2480185.00/cwt185.00–185.008883
Heifers500–550Medium and Large 1-2521294.57/cwt287.50–296.001,5356
Heifers550–600Medium 2551150.00/cwt150.00–150.008277
Heifers550–600Medium and Large 2553248.00/cwt248.00–248.001,3713
Heifers550–600Medium 1-2558242.00/cwt242.00–242.001,3502
Heifers550–600Medium and Large 1-2593262.50/cwt262.50–262.501,5573
Heifers600–650Medium and Large 1618279.00/cwt279.00–279.001,7246
Heifers600–650Medium and Large 1-2626259.97/cwt259.00–269.001,62710
Heifers600–650Medium and Large 2640227.50/cwt227.50–227.501,4566
Heifers650–700Medium and Large 1-2681250.92/cwt242.00–260.501,70921
Heifers700–750Medium and Large 1738247.50/cwt247.50–247.501,82719
Heifers700–750Medium and Large 1-2738238.00/cwt238.00–238.001,7566
Heifers750–800Medium and Large 1-2767239.00/cwt239.00–239.001,8333
Heifers750–800Medium and Large 2786221.00/cwt221.00–221.001,73713
Heifers850–900Medium and Large 1-2865217.50/cwt217.50–217.501,8811
Heifers900–950Medium and Large 1-2907216.00/cwt216.00–216.001,95919
Heifers900–950Medium and Large 1-2Fleshy948200.00/cwt200.00–200.001,8962
Feeder Cattle · Bulls8 lots · lightest first
Bulls350–400Medium and Large 1-2350340.00/cwt340.00–340.001,1902
Bulls550–600Medium and Large 1-2566272.53/cwt270.00–277.501,5436
Bulls650–700Medium and Large 1-2664247.50/cwt247.50–247.501,6434
Bulls800–850Medium and Large 1-2813232.50/cwt232.50–232.501,8904
Bulls950–1000Medium and Large 1980216.50/cwt215.00–218.002,1222
Bulls1100–1150Large 11,100204.00/cwt204.00–204.002,2442
Bulls1200–1250Large 11,205187.50/cwt187.50–187.502,2591
Bulls1250–1300Large 11,280172.50/cwt172.50–172.502,2081
Slaughter Cattle · Bulls8 lots · lightest first
Bulls——Light Weight1,320135.00/cwt135.00–135.001,7821
Bulls——Return to Feed1,323148.26/cwt145.00–151.001,9615
Bulls——Return to Feed1,525141.41/cwt138.00–143.002,1577
Bulls——1,568135.48/cwt127.00–141.002,1246
Bulls——1,740144.00/cwt144.00–144.002,5061
Bulls——1,797156.25/cwt148.00–160.002,80822
Bulls——2,020163.60/cwt160.00–169.003,30522
Bulls——Heavy Weight2,565158.00/cwt158.00–158.004,0531
Slaughter Cattle · Cows21 lots · lightest first
Cows—Lean 85-90%Light Weight935111.77/cwt107.50–116.001,0452
Cows—Lean 85-90%Light Weight980134.00/cwt134.00–134.001,3131
Cows—Lean 85-90%1,13085.00/cwt85.00–85.009613
Cows—Lean 85-90%1,131115.43/cwt104.00–121.001,30626
Cows—Lean 85-90%1,211126.87/cwt121.00–132.001,53614
Cows—Lean 85-90%Return to Feed1,216119.26/cwt111.00–123.001,45016
Cows—Lean 85-90%Return to Feed1,230128.80/cwt124.00–133.001,58462
Cows—Lean 85-90%1,248136.13/cwt133.00–139.001,6992
Cows—Lean 85-90%Return to Feed1,260136.01/cwt134.50–142.001,71411
Cows—Boner 80-85%Return to Feed1,349126.04/cwt125.00–127.001,70010
Cows—Boner 80-85%Return to Feed1,413135.45/cwt129.00–140.001,91478
Cows—Boner 80-85%1,452132.97/cwt127.00–139.001,93130
Cows—Boner 80-85%Return to Feed1,454141.92/cwt140.00–145.502,06486
Cows—Breaker 75-80%Return to Feed1,530143.00/cwt143.00–143.002,1884
Cows—Breaker 75-80%Return to Feed1,530132.00/cwt132.00–132.002,0201
Cows—Breaker 75-80%1,567139.41/cwt138.00–141.002,18510
Cows—Boner 80-85%1,572142.36/cwt140.00–146.502,2383
Cows—Boner 80-85%1,574122.61/cwt117.00–125.001,9304
Cows—Breaker 75-80%1,658143.47/cwt142.50–145.502,3793
Cows—Breaker 75-80%Return to Feed1,675146.00/cwt146.00–146.002,4461
Cows—Breaker 75-80%1,909135.74/cwt135.00–136.002,5914
Slaughter Cattle · Dairy Bulls1 lot · lightest first
Dairy Bulls——Light Weight920110.00/cwt110.00–110.001,0121
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 11,3502,343.84/head2,250.00–2,385.002,3443
Bred Cows—Medium and Large 11,3602,250.00/head2,250.00–2,250.002,2502
Replacement Cattle · Stock Cows9 lots · lightest first
Stock Cows—Medium 1Thin Fleshed793160.00/cwt160.00–160.001,2692
Stock Cows—Medium and Large 1-2888189.73/cwt182.00–200.001,6856
Stock Cows—Medium and Large 1Thin Fleshed904175.66/cwt171.00–180.001,58829
Stock Cows—Medium 1-2910155.00/cwt155.00–155.001,4111
Stock Cows—Medium 1-2959130.00/cwt130.00–130.001,2476
Stock Cows—Medium and Large 1996201.36/cwt156.00–232.002,00651
Stock Cows—Medium and Large 11,076173.82/cwt137.00–224.001,87056
Stock Cows—Medium and Large 1-21,077149.89/cwt132.00–181.001,6149
Stock Cows—Large 11,300142.00/cwt142.00–142.001,8461
Replacement Cattle · Bred Heifers1 lot · lightest first
Bred Heifers—Medium and Large 11,1382,252.69/head2,150.00–2,325.002,2532

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.