Sale reports / Montana / Billings Livestock Commission / 2024-09-19

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Sep 19
● Final56 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
221 head
▼ 78 vs last sale 299▼ 21 vs year ago 242 · −8.7%
Slaughter Cattle receipts
149 head
▼ 116 vs last sale 265▼ 124 vs year ago 273 · −45.4%
Replacement Cattle receipts
61 head
▲ 0 vs last sale 61▼ 9 vs year ago 70 · −12.9%
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 limited offerings was good. CME positions posted strong triple digit gains today helping spur some demand for limited offerings. Light offerings did limited demand in some instances as buyers were not willing to start loads as this is the last sale of the week. Quality today was mostly average and most cattle were offered in small packages or as singles. Market activity was mostly slow to moderate this sale. Weigh up cows sold on moderate demand for light offerings. Slaughter cows sold were too lightly tested to develop a full market trend, steady to weak undertones were noticed. Feeding cows sold with steady undertones. Cow and bull quality was mostly average this week. Weigh up conditions were mixed today. Bull quality this sale was mostly average to attractive and better than last week. Demand for feeding bulls was light again this sale. Feeding bulls sold generally steady in a narrow comparison. Slaughter bulls sold mostly 2.00 higher. Young age cows suitable to feed or rebreed were too lightly tested this sale to develop any market trend. Quality was mostly average to attractive 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 $244.44/cwt on 9 head. That ranks 1 of 23 comparable sales and sits −167.18 against this barn's trailing median of $411.62.
Average price
$244.44
9 head · 565 lb average
Value per head Derived
$1,380
Price × average weight ÷ 100
Grade differential Derived
−$178
per head · Medium and Large 1-2 over Medium 1-2
$1.00/cwt at this weight
vs the market
−16.82
vs MT average
+7.43 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2523245.001,2814thin
Medium 1-2598244.001,4595thin
One grade step is worth $1.00/cwt here — about −$178 a head. Across this sale the premium is widest at 600–700 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 sale9 hd
244.44
—
MT average3 barns · 38 hd
261.26
−16.82
National average181 barns · 11,482 hd
237.01
+7.43
This barn, trailing median23 sales
411.62
−167.18
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—Low1,716149.112,55937
CowsBreaker 75-80%Low1,639133.792,19313
CowsBoner 80-85%Average1,396130.311,81929
CowsLean 85-90%Low1,114118.901,32529

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)1,145$1,6438

Every lot

56 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 · Steers10 lots · lightest first
Steers600–650Medium 1633260.00/cwt260.00–260.001,6462
Steers700–750Medium and Large 1-2719252.99/cwt252.00–255.001,8195
Steers750–800Medium and Large 1750255.00/cwt255.00–255.001,9134
Steers800–850Medium and Large 1-2825237.00/cwt237.00–237.001,9552
Steers850–900Medium and Large 1862238.00/cwt238.00–238.002,0523
Steers850–900Medium and Large 1-2876236.00/cwt236.00–236.002,0679
Steers850–900Medium and Large 1-2Full882226.00/cwt226.00–226.001,9933
Steers950–1000Medium and Large 1-2973215.00/cwt215.00–215.002,0922
Steers950–1000Medium and Large 1987218.97/cwt217.50–222.002,16112
Steers1050–1100Medium and Large 11,055212.50/cwt210.00–215.002,2422
Feeder Cattle · Heifers15 lots · lightest first
Heifers500–550Medium and Large 1-2Unweaned523245.00/cwt245.00–245.001,2814
Heifers550–600Medium 1-2598244.00/cwt244.00–244.001,4595
Heifers650–700Medium and Large 1-2661252.00/cwt252.00–252.001,66616
Heifers650–700Medium 1-2663239.51/cwt238.00–241.001,5884
Heifers700–750Medium and Large 1707247.00/cwt247.00–247.001,7463
Heifers700–750Medium and Large 1-2737244.00/cwt244.00–244.001,7985
Heifers750–800Medium and Large 1761241.09/cwt237.00–242.751,83520
Heifers800–850Medium and Large 1822225.21/cwt220.50–228.501,85110
Heifers800–850Medium and Large 1-2835219.00/cwt219.00–219.001,8292
Heifers850–900Medium and Large 1855220.00/cwt220.00–220.001,8811
Heifers900–950Medium and Large 1915214.25/cwt214.00–214.501,9602
Heifers950–1000Medium and Large 1Full960202.00/cwt202.00–202.001,9395
Heifers1050–1100Large 11,073200.50/cwt200.50–200.502,1512
Heifers1100–1150Large 11,100194.00/cwt194.00–194.002,1344
Heifers1150–1200Large 11,150193.50/cwt193.50–193.502,2254
Feeder Cattle · Bulls5 lots · lightest first
Bulls300–350Medium and Large 1-2Unweaned305360.00/cwt360.00–360.001,0983
Bulls800–850Medium and Large 1-2820222.50/cwt222.50–222.501,8251
Bulls950–1000Medium and Large 1977215.61/cwt213.00–218.002,1078
Bulls1100–1150Large 11,137190.33/cwt190.00–192.002,1646
Bulls1200–1250Large 11,238171.00/cwt171.00–171.002,1172
Slaughter Cattle · Bulls4 lots · lightest first
Bulls——Return to Feed1,405138.59/cwt124.00–145.001,94711
Bulls——1,579146.39/cwt143.00–148.002,3115
Bulls——1,864153.05/cwt150.00–161.002,85317
Bulls——2,116164.70/cwt163.00–168.003,4854
Slaughter Cattle · Cows16 lots · lightest first
Cows—Lean 85-90%Light Weight81795.00/cwt95.00–95.007763
Cows—Lean 85-90%Light Weight962116.72/cwt115.00–120.001,1233
Cows—Lean 85-90%1,070132.00/cwt132.00–132.001,4121
Cows—Lean 85-90%Return to Feed1,143115.64/cwt109.00–121.001,3222
Cows—Lean 85-90%1,149113.50/cwt106.00–118.001,3045
Cows—Lean 85-90%Return to Feed1,192125.47/cwt122.00–134.001,49615
Cows—Boner 80-85%1,265115.00/cwt115.00–115.001,4551
Cows—Boner 80-85%Return to Feed1,343130.63/cwt125.00–135.001,75417
Cows—Boner 80-85%Return to Feed1,413118.90/cwt117.00–121.001,6802
Cows—Boner 80-85%1,447126.21/cwt125.00–128.501,8263
Cows—Breaker 75-80%1,527127.67/cwt127.00–129.001,9503
Cows—Breaker 75-80%Return to Feed1,530134.99/cwt134.00–136.002,0652
Cows—Boner 80-85%1,535137.82/cwt137.00–138.002,1166
Cows—Breaker 75-80%1,580142.00/cwt142.00–142.002,2441
Cows—Breaker 75-80%1,701135.37/cwt133.00–138.002,3036
Cows—Breaker 75-80%Return to Feed1,885132.00/cwt132.00–132.002,4881
Replacement Cattle · Stock Cows4 lots · lightest first
Stock Cows—Medium and Large 1-2871171.70/cwt171.00–177.501,4969
Stock Cows—Medium and Large 1975186.05/cwt180.00–194.001,8149
Stock Cows—Medium and Large 11,086164.79/cwt133.00–181.001,79010
Stock Cows—Medium and Large 1Fleshy1,206158.50/cwt158.50–158.501,9127
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 1-21,1291,400.00/head1,400.00–1,400.001,4004
Bred Cows—Medium and Large 11,1601,886.85/head1,850.00–2,000.001,8874

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.