Sale reports / Montana / Billings Livestock Commission / 2024-08-22

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Aug 22
● Final79 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
265 head
▲ 75 vs last sale 190▼ 38 vs year ago 303 · −12.5%
Slaughter Cattle receipts
397 head
▼ 135 vs last sale 532▼ 4 vs year ago 401 · −1.0%
Replacement Cattle receipts
91 head
▲ 33 vs last sale 58▲ 63 vs year ago 28 · +225.0%
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 an accurate market trend, however lower to sharply lower undertones were noticed. CME positions have traded sharply lower since the last sale and feeder prices mirrored the lower movement of feeder contracts. Demand for feeder cattle was mostly light to moderate for light offerings. Quality today was mostly plain to average on steers and average to attractive on heifers with several packages of tested open yearling heifers on offer. Most feeders were offered in small groups with many singles noted as well. Demand for cutting bulls remains very good with several buyers looking for this class of cattle. Market activity was mostly moderate to active this week. Weigh up cows sold on moderate to good demand for light to moderate offerings. Slaughter cows sold generally steady to weak on boning and lean cows, breaking cows sold mostly 1.00-2.00 higher. Feeding cows sold on lighter demand this week as fewer buyers were in the market actively bidding on offerings. Feeding cows sold mostly 1.00-4.00 lower. Cow quality was mostly average this week and lower than last week. Most cows and bulls are starting to show significantly lighter body condition as dry weather and big calves are pulling cows down. Weigh up conditions were mostly below average this week with many very full cows noticed. Bull quality this sale was mostly average. Many bulls have been turned out and were in light flesh. Young age cows suitable to feed or rebreed were too lightly tested this sale to develop any market trend. Quality was mostly average this week.

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $231.07/cwt on 16 head. That ranks 1 of 23 comparable sales and sits −180.55 against this barn's trailing median of $411.62.
Average price
$231.07
16 head · 540 lb average
Value per head Derived
$1,247
Price × average weight ÷ 100
Grade differential Derived
$308
per head · Medium and Large 1-2 over Medium 2
$40.00/cwt at this weight
vs the market
+0.00
vs MT average
−13.34 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2559245.001,3704thin
Medium 1-2536230.711,23710thin
Medium 2518205.001,0622thin
One grade step is worth $40.00/cwt here — about $308 a head. Across this sale the premium is widest at 400–500 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 sale16 hd
231.07
—
MT average1 barns · 16 hd
231.07
+0.00
National average171 barns · 9,778 hd
244.41
−13.34
This barn, trailing median23 sales
411.62
−180.55
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—Average1,757157.032,759109
CowsBreaker 75-80%High1,599141.422,26112
CowsBoner 80-85%Low1,421134.261,90896
CowsLean 85-90%High1,184124.311,47296

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 Cows1st Stage (1-3 mo)Young (2-4 yrs)1,330$2,2002thin

Every lot

79 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 · Steers16 lots · lightest first
Steers450–500Medium and Large 1-2Unweaned457270.00/cwt270.00–270.001,23412
Steers500–550Medium and Large 1-2Unweaned536240.00/cwt240.00–240.001,28611
Steers500–550Medium and Large 1Unweaned538260.00/cwt260.00–260.001,3992
Steers550–600Medium 1-2588242.50/cwt242.50–242.501,4262
Steers600–650Medium 1645254.00/cwt254.00–254.001,6386
Steers650–700Medium and Large 1662260.00/cwt260.00–260.001,7213
Steers650–700Medium and Large 1-2Unweaned683227.00/cwt227.00–227.001,5505
Steers650–700Medium 1688231.00/cwt231.00–231.001,5892
Steers700–750Medium and Large 1715253.00/cwt253.00–253.001,8091
Steers700–750Medium and Large 1-2719240.00/cwt240.00–240.001,7269
Steers700–750Medium and Large 2720236.00/cwt236.00–236.001,6994
Steers750–800Medium and Large 1-2755244.00/cwt243.00–244.501,8423
Steers900–950Medium and Large 1923228.00/cwt228.00–228.002,1042
Steers900–950Medium and Large 1-2925222.50/cwt222.50–222.502,0581
Steers1150–1200Large 11,192184.00/cwt184.00–184.002,1935
Steers1200–1250Large 11,205186.00/cwt186.00–186.002,2411
Feeder Cattle · Heifers17 lots · lightest first
Heifers400–450Medium 2Unweaned418190.00/cwt190.00–190.007943
Heifers400–450Medium and Large 1-2Unweaned431237.00/cwt237.00–237.001,0217
Heifers500–550Medium 2518205.00/cwt205.00–205.001,0622
Heifers500–550Medium 1-2536230.71/cwt230.00–232.501,23710
Heifers550–600Medium and Large 1-2Unweaned559245.00/cwt245.00–245.001,3704
Heifers600–650Medium and Large 1630242.00/cwt242.00–242.001,5254
Heifers650–700Medium 1687235.00/cwt235.00–235.001,61416
Heifers700–750Medium and Large 1726224.00/cwt224.00–224.001,6268
Heifers750–800Medium and Large 1781217.00/cwt217.00–217.001,6954
Heifers800–850Medium and Large 1838213.00/cwt213.00–213.001,7852
Heifers850–900Medium and Large 1884211.79/cwt209.50–213.501,87210
Heifers900–950Medium and Large 1932208.00/cwt208.00–208.001,93912
Heifers900–950Medium and Large 1-2940201.00/cwt201.00–201.001,8891
Heifers950–1000Medium and Large 1Full993197.50/cwt197.50–197.501,9614
Heifers950–1000Medium and Large 1997202.00/cwt202.00–202.002,01410
Heifers1000–1050Medium and Large 11,010201.11/cwt193.00–204.002,03110
Heifers1050–1100Large 11,081196.21/cwt192.00–200.002,1219
Feeder Cattle · Bulls15 lots · lightest first
Bulls300–350Medium and Large 1Unweaned303327.50/cwt327.50–327.509922
Bulls550–600Medium and Large 1-2565250.00/cwt250.00–250.001,4133
Bulls700–750Large 2705197.00/cwt197.00–197.001,3893
Bulls750–800Medium and Large 1-2776232.50/cwt232.50–232.501,8044
Bulls800–850Medium and Large 1825222.50/cwt222.50–222.501,8361
Bulls850–900Medium and Large 1877220.71/cwt217.00–224.001,9365
Bulls900–950Medium and Large 1945209.00/cwt209.00–209.001,9751
Bulls900–950Medium and Large 1-2945201.00/cwt201.00–201.001,8991
Bulls950–1000Medium and Large 1-2955202.00/cwt202.00–202.001,9291
Bulls950–1000Medium and Large 1981207.00/cwt207.00–207.002,0315
Bulls1000–1050Medium and Large 1Fancy1,013216.00/cwt216.00–216.002,1885
Bulls1000–1050Medium and Large 1-21,015187.50/cwt187.50–187.501,9031
Bulls1000–1050Medium and Large 11,025202.00/cwt202.00–202.002,0711
Bulls1050–1100Medium and Large 11,093194.49/cwt193.00–205.002,1268
Bulls1100–1150Large 11,120195.00/cwt195.00–195.002,1841
Slaughter Cattle · Bulls6 lots · lightest first
Bulls——Return to Feed1,554147.87/cwt140.00–156.002,29817
Bulls——Return to Feed1,592158.41/cwt153.00–165.002,52227
Bulls——1,717149.39/cwt132.00–155.002,56518
Bulls——1,833169.80/cwt168.00–172.003,1124
Bulls——1,934162.04/cwt154.50–167.503,13442
Bulls——Heavy Weight2,650151.00/cwt151.00–151.004,0021
Slaughter Cattle · Cows20 lots · lightest first
Cows—Lean 85-90%Light Weight955130.00/cwt130.00–130.001,2421
Cows—Lean 85-90%Light Weight959113.00/cwt113.00–113.001,0844
Cows—Lean 85-90%1,07399.46/cwt90.00–107.001,0677
Cows—Lean 85-90%1,149129.54/cwt126.00–138.001,4886
Cows—Lean 85-90%Return to Feed1,162122.29/cwt118.00–124.001,42129
Cows—Lean 85-90%1,218141.42/cwt141.00–143.001,7225
Cows—Lean 85-90%1,219121.35/cwt116.00–124.001,47914
Cows—Lean 85-90%Return to Feed1,253130.87/cwt125.00–138.001,64030
Cows—Boner 80-85%Return to Feed1,398139.17/cwt134.00–144.001,94640
Cows—Boner 80-85%Return to Feed1,409123.63/cwt119.00–132.001,74213
Cows—Boner 80-85%Return to Feed1,416146.35/cwt145.00–150.002,0728
Cows—Boner 80-85%1,419123.72/cwt115.00–127.501,75621
Cows—Boner 80-85%1,485148.21/cwt145.00–152.002,2012
Cows—Boner 80-85%1,509137.45/cwt129.00–142.002,07412
Cows—Breaker 75-80%1,555152.50/cwt152.50–152.502,3711
Cows—Breaker 75-80%Return to Feed1,563133.00/cwt133.00–133.002,0794
Cows—Breaker 75-80%Return to Feed1,595149.00/cwt149.00–149.002,3771
Cows—Breaker 75-80%1,605140.00/cwt140.00–140.002,2471
Cows—Breaker 75-80%Return to Feed1,618145.00/cwt145.00–145.002,3462
Cows—Breaker 75-80%1,647144.51/cwt143.50–145.002,3803
Replacement Cattle · Stock Cows4 lots · lightest first
Stock Cows—Medium and Large 1-2968166.33/cwt163.00–172.501,6104
Stock Cows—Medium and Large 11,090168.28/cwt141.00–179.001,83447
Stock Cows—Medium and Large 1-21,100141.32/cwt141.00–142.001,5553
Stock Cows—Medium and Large 11,214150.34/cwt143.00–157.001,8258
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 11,3302,200.00/head2,200.00–2,200.002,2002

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.