Sale reports / Montana / Billings Livestock Commission / 2024-10-03

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Oct 3
● Final79 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
417 head
▼ 2,101 vs last sale 2,518▼ 144 vs year ago 561 · −25.7%
Slaughter Cattle receipts
374 head
▲ 20 vs last sale 354▲ 98 vs year ago 276 · +35.5%
Replacement Cattle receipts
161 head
▲ 72 vs last sale 89▲ 60 vs year ago 101 · +59.4%
Also sold here(Mon)Mon Nov 2, 2026
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Reporter comment USDA

As filed

Compared to last sale: Feeder calves were too lightly tested to develop a full market trend, however higher to sharply higher undertones were noticed on steer calves and steady to firm undertones were noticed on heifer calves. Yearling steers and heifers were too lightly tested last sale to develop an accurate market trend, however higher undertones were noticed on steers and steady to higher undertones were noticed on all heifers. Demand was mostly good on both yearling and calves. Offerings were light. CME positions traded mixed today with the front two months trading slightly lower and the differed months trading slightly higher. Quality today was mixed from plain to attractive. Package sizes were mostly small with many very small packages and singles noticed. No load lots were seen this sale. Market activity was mostly moderate to active this sale. Weigh up cows sold on moderate to good demand for light offerings. Feeding cow demand was mostly good and most cows sold to feeding buyers this week. More feeding cow buyers were seen this week which helped improve demand for feeding cows compared to last weeks sale. Packers continue to show light demand for cows for immediate harvest. Very few cows were purchased to slaughter this week, however limited offerings sold with steady to higher undertones as feeding cow buyers pushed cow prices way past slaughter cow orders. Feeding cows sold mostly 2.00-4.00 higher. Cow and bull quality was mixed this sale. Weigh up conditions were mostly average today. Bull quality this sale was mostly average. Demand for feeding bulls was light again this sale. Feeding bulls sold mostly steady to 3.00 lower in a narrow comparison. Slaughter bulls sold mostly steady to 4.00 lower. Young age cows suitable to feed or rebreed sold mostly steady to firm. Demand for rebreed cows was mostly good this sale as several young cows were purchased for this purpose. Quality on young age cows was mostly average to attractive.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $300.68/cwt on 28 head. That ranks 1 of 22 comparable sales and sits −142.26 against this barn's trailing median of $442.94.
Average price
$300.68
28 head · 543 lb average
Value per head Derived
$1,633
Price × average weight ÷ 100
Grade differential Derived
$106
per head · Medium and Large 1 over Large 1
$40.58/cwt at this weight
vs the market
+4.79
vs MT average
+13.86 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1540303.581,63926
Large 1583263.001,5332thin
One grade step is worth $40.58/cwt here — about $106 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 sale28 hd
300.68
—
MT average3 barns · 57 hd
295.89
+4.79
National average167 barns · 15,497 hd
286.82
+13.86
This barn, trailing median22 sales
442.94
−142.26
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—Average1,758145.272,55356
CowsBreaker 75-80%Average1,646126.192,07714
CowsBoner 80-85%Average1,393124.551,735158
CowsLean 85-90%Average1,190120.231,431110

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/2nd Stage (1-6 mo)Young (2-4 yrs)1,224$1,96428
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)1,038$1,8754thin
Bred Heifers1st/2nd Stage (1-6 mo)(<2 yrs)988$2,0004thin

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 · Steers22 lots · lightest first
Steers200–250Medium and Large 1Unweaned205420.00/cwt420.00–420.008611
Steers300–350Large 1Unweaned324364.26/cwt355.00–375.001,1804
Steers300–350Medium and Large 1Unweaned345395.00/cwt395.00–395.001,3631
Steers350–400Medium and Large 1-2Unweaned366369.14/cwt365.00–372.501,3519
Steers400–450Medium and Large 1Unweaned413382.05/cwt380.00–387.501,57819
Steers400–450Medium and Large 1-2Unweaned440360.00/cwt360.00–360.001,5843
Steers450–500Large 1Unweaned451317.00/cwt317.00–317.001,4308
Steers450–500Medium and Large 1-2Unweaned495306.00/cwt306.00–306.001,5154
Steers500–550Medium and Large 1Unweaned525310.24/cwt302.00–320.001,62917
Steers550–600Medium and Large 1Unweaned568291.00/cwt291.00–291.001,6539
Steers550–600Large 1Unweaned583263.00/cwt263.00–263.001,5332
Steers700–750Medium and Large 1722265.00/cwt265.00–265.001,9133
Steers700–750Medium and Large 1-2725260.00/cwt260.00–260.001,8851
Steers750–800Medium and Large 1-2786258.00/cwt258.00–258.002,0287
Steers750–800Medium 1789248.00/cwt248.00–248.001,9574
Steers800–850Medium and Large 2810243.00/cwt243.00–243.001,9683
Steers800–850Medium and Large 1-2830254.18/cwt254.00–255.002,11011
Steers850–900Medium and Large 1852247.00/cwt247.00–247.002,1043
Steers850–900Medium and Large 1-2880230.00/cwt230.00–230.002,0241
Steers900–950Medium and Large 1915239.20/cwt238.00–240.002,18910
Steers950–1000Medium and Large 1957232.00/cwt232.00–232.002,22032
Steers950–1000Medium and Large 1Fleshy979215.00/cwt215.00–215.002,1058
Feeder Cattle · Heifers22 lots · lightest first
Heifers250–300Medium and Large 1-2Unweaned283355.00/cwt355.00–355.001,0052
Heifers250–300Medium and Large 1Unweaned294382.53/cwt375.00–385.001,1254
Heifers300–350Large 1Unweaned309335.00/cwt335.00–335.001,0355
Heifers300–350Medium and Large 1-2Unweaned348317.50/cwt317.50–317.501,1057
Heifers350–400Medium and Large 1Unweaned377317.50/cwt317.50–317.501,1973
Heifers400–450Large 1Unweaned402302.50/cwt302.50–302.501,21611
Heifers400–450Medium and Large 1Unweaned416316.75/cwt316.00–317.501,3184
Heifers450–500Medium and Large 1Unweaned467295.24/cwt288.00–300.001,37913
Heifers500–550Medium and Large 1-2Unweaned500248.00/cwt248.00–248.001,2407
Heifers550–600Medium 1-2562250.00/cwt250.00–250.001,40516
Heifers700–750Medium and Large 1705248.00/cwt248.00–248.001,74813
Heifers750–800Medium and Large 1-2765225.00/cwt225.00–225.001,7211
Heifers800–850Medium and Large 1-2811219.47/cwt217.50–227.501,7805
Heifers800–850Medium and Large 1813233.50/cwt233.50–233.501,8988
Heifers850–900Medium and Large 1863224.74/cwt224.00–230.001,9408
Heifers900–950Medium and Large 1-2911213.09/cwt207.00–217.501,9415
Heifers900–950Medium and Large 1915219.00/cwt219.00–219.002,0046
Heifers950–1000Medium and Large 1998215.00/cwt215.00–215.002,1462
Heifers1000–1050Medium and Large 11,009207.95/cwt206.00–210.002,09815
Heifers1050–1100Large 1Full1,073196.50/cwt196.50–196.502,1083
Heifers1050–1100Large 11,095204.00/cwt204.00–204.002,2342
Heifers1250–1300Large 1Fleshy1,260152.00/cwt152.00–152.001,9153
Feeder Cattle · Bulls8 lots · lightest first
Bulls300–350Medium and Large 1Unweaned328407.50/cwt407.50–407.501,3373
Bulls400–450Medium and Large 1Unweaned409387.50/cwt387.50–387.501,5859
Bulls450–500Medium and Large 1Unweaned480322.50/cwt322.50–322.501,5481
Bulls500–550Medium and Large 1Unweaned510304.00/cwt304.00–304.001,55017
Bulls600–650Medium and Large 1-2638226.00/cwt226.00–226.001,4426
Bulls900–950Medium and Large 1-2915218.00/cwt218.00–218.001,9951
Bulls950–1000Medium and Large 1-2987218.00/cwt218.00–218.002,1523
Bulls1100–1150Large 11,125202.50/cwt202.50–202.502,2781
Slaughter Cattle · Bulls5 lots · lightest first
Bulls——Return to Feed1,527135.15/cwt127.00–141.502,0646
Bulls——1,720138.20/cwt131.00–143.002,37713
Bulls——Return to Feed1,762146.47/cwt146.00–148.002,5814
Bulls——1,801148.72/cwt144.00–158.002,67818
Bulls——1,829151.00/cwt151.00–151.002,76215
Slaughter Cattle · Cows14 lots · lightest first
Cows—Lean 85-90%Return to Feed1,150112.64/cwt105.00–117.001,29534
Cows—Lean 85-90%1,165101.47/cwt92.00–106.001,1826
Cows—Lean 85-90%Return to Feed1,208129.15/cwt128.00–132.001,56018
Cows—Lean 85-90%Return to Feed1,212124.73/cwt117.00–127.001,51250
Cows—Lean 85-90%1,235112.73/cwt109.00–116.001,3922
Cows—Boner 80-85%Return to Feed1,247137.77/cwt137.00–139.001,7185
Cows—Boner 80-85%1,305124.47/cwt124.00–125.001,6242
Cows—Boner 80-85%1,382108.87/cwt105.00–111.001,5059
Cows—Boner 80-85%Return to Feed1,384114.15/cwt109.00–117.001,58011
Cows—Boner 80-85%Return to Feed1,398126.34/cwt118.00–130.501,766126
Cows—Boner 80-85%1,496117.31/cwt113.00–121.001,7555
Cows—Breaker 75-80%Return to Feed1,553128.98/cwt127.00–129.502,0035
Cows—Breaker 75-80%1,560115.00/cwt115.00–115.001,7941
Cows—Breaker 75-80%1,715125.85/cwt122.50–129.002,1588
Replacement Cattle · Bred Heifers1 lot · lightest first
Bred Heifers—Medium and Large 19882,000.00/head2,000.00–2,000.002,0004
Replacement Cattle · Stock Cows4 lots · lightest first
Stock Cows—Medium and Large 1971180.79/cwt163.00–191.001,75556
Stock Cows—Medium and Large 1-2993157.23/cwt140.00–172.501,5615
Stock Cows—Medium and Large 11,055161.71/cwt133.50–182.501,70647
Stock Cows—Medium and Large 1-21,069128.68/cwt127.00–135.001,3765
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 1-21,0381,875.00/head1,875.00–1,875.001,8754
Bred Cows—Medium and Large 1-21,1401,701.32/head1,600.00–1,800.001,7012
Bred Cows—Medium and Large 11,2301,984.58/head1,950.00–2,200.001,98526

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.