Sale reports / Montana / Billings Livestock Commission / 2025-01-23

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Jan 23
● Final89 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
1,738 head
▲ 1,204 vs last sale 534▼ 2,490 vs year ago 4,228 · −58.9%
Slaughter Cattle receipts
141 head
▼ 347 vs last sale 488▼ 339 vs year ago 480 · −70.6%
Replacement Cattle receipts
109 head
▼ 180 vs last sale 289▼ 24 vs year ago 133 · −18.0%
Also sold here(Mon)Mon Oct 26, 2026
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Reporter comment USDA

As filed

Compared to last week: Feeder steer calves under 700 lbs sold generally steady in a narrow comparison; steers over 700 lbs were too lightly tested last week to develop an accurate market trend, however higher undertones were noticed. Heifer calves were all too lightly tested last week to develop an accurate market trend, however higher undertones were noticed. Demand remains good to very good. Offerings were light to moderate. Quality this week was mixed from plain to attractive. Almost all calves were weaned over 50 days and were in mostly light flesh. Package sizes were mostly small to moderate with a few partial load lots on offer. Market activity was active this sale. Weigh up cows sold on mostly good demand for light offerings. Slaughter cows sold mostly 4.00-8.00 higher on all classes. Packers opted to send all cows to slaughter this week as they showed very good demand for cows and bulls for immediate harvest. Feeding cows sold on good to very good demand this week as well. Feeding cows sold mostly 3.00 to 6.00 higher. Slaughter bulls sold 5.00-10.00 higher in a narrow comparison. Young age cows suitable to feed or rebreed were too lightly tested to develop an accurate market trend, however higher undertones were noticed. Quality this week was average to attractive and similar to last week. Many young cows were purchased to feed again 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 $309.51/cwt on 319 head. That ranks 1 of 23 comparable sales and sits −102.11 against this barn's trailing median of $411.62.
Average price
$309.51
319 head · 568 lb average
Value per head Derived
$1,758
Price × average weight ÷ 100
Grade differential Derived
$141
per head · Medium and Large 1 over Medium and Large 1-2
$9.44/cwt at this weight
vs the market
−8.40
vs MT average
+5.09 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1581313.431,820182
Large 1535308.731,6529thin
Medium and Large 1-2552304.001,678128
One grade step is worth $9.44/cwt here — about $141 a head. Across this sale the premium is widest at 300–400 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 sale319 hd
309.51
—
MT average4 barns · 1,201 hd
317.92
−8.40
National average149 barns · 17,148 hd
304.42
+5.09
This barn, trailing median23 sales
411.62
−102.11
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—Low2,026147.322,98412
CowsBreaker 75-80%Average1,647140.612,31623
CowsBoner 80-85%High1,383131.061,81341
CowsLean 85-90%Average1,193113.701,35658

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)950$1,9752thin
Bred Cows2nd Stage (4-6 mo)Aged (>8 yrs)1,389$1,9005
Bred Cows1st/2nd Stage (1-6 mo)Aged (>8 yrs)1,420$1,8001thin
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,293$1,7252thin
Bred Cows2nd/3rd Stage (4-9 mo)Aged (>8 yrs)1,258$1,6005

Every lot

89 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 · Steers34 lots · lightest first
Steers350–400Medium and Large 1-2368410.00/cwt410.00–410.001,5093
Steers350–400Medium and Large 1369440.00/cwt440.00–440.001,62416
Steers400–450Medium and Large 1426412.28/cwt405.00–437.501,7569
Steers400–450Medium and Large 1-2439382.92/cwt372.00–390.001,68112
Steers450–500Medium and Large 2466310.00/cwt310.00–310.001,4454
Steers450–500Medium and Large 1486383.27/cwt373.00–393.001,86344
Steers450–500Medium and Large 1-2488365.00/cwt365.00–365.001,7812
Steers500–550Large 1512341.65/cwt337.50–342.501,7496
Steers500–550Medium and Large 1524369.48/cwt345.00–379.001,93672
Steers550–600Medium and Large 1575342.15/cwt335.00–352.001,96773
Steers550–600Medium and Large 1-2591322.44/cwt319.00–328.001,90624
Steers600–650Medium and Large 1627319.26/cwt314.00–330.002,00225
Steers600–650Medium and Large 2634292.50/cwt292.50–292.501,8548
Steers600–650Medium and Large 1-2640294.00/cwt294.00–294.001,8822
Steers600–650Large 1646277.50/cwt277.50–277.501,7937
Steers650–700Medium and Large 1-2654298.42/cwt295.00–299.001,9527
Steers650–700Medium and Large 2657267.50/cwt267.50–267.501,7576
Steers650–700Large 1663287.00/cwt287.00–287.001,90312
Steers650–700Medium and Large 1684304.45/cwt300.00–313.002,08268
Steers700–750Medium and Large 1713301.73/cwt293.00–304.502,15144
Steers700–750Large 1722268.10/cwt260.00–281.001,93614
Steers700–750Medium and Large 1-2737279.48/cwt276.00–286.002,0609
Steers750–800Medium and Large 1-2752275.00/cwt275.00–275.002,0683
Steers750–800Large 1782271.29/cwt261.00–275.502,12124
Steers750–800Medium and Large 1785281.47/cwt274.00–287.502,21079
Steers800–850Medium and Large 1812275.07/cwt268.00–280.502,23454
Steers800–850Large 1835266.00/cwt266.00–266.002,2213
Steers850–900Medium and Large 1Fancy851278.50/cwt278.50–278.502,37049
Steers850–900Medium and Large 1893255.00/cwt255.00–255.002,2773
Steers900–950Medium and Large 1-2914249.00/cwt249.00–249.002,2765
Steers900–950Medium and Large 1940247.00/cwt247.00–247.002,3224
Steers950–1000Large 1987236.00/cwt236.00–236.002,3293
Steers1100–1150Large 1-21,109225.00/cwt225.00–225.002,4959
Steers1250–1300Large 11,296193.50/cwt193.50–193.502,5084
Feeder Cattle · Heifers26 lots · lightest first
Heifers350–400Medium and Large 1375393.16/cwt390.00–400.001,4743
Heifers350–400Medium and Large 1-2383380.00/cwt380.00–380.001,45510
Heifers350–400Medium and Large 2393330.00/cwt330.00–330.001,2974
Heifers400–450Medium and Large 1-2408353.40/cwt342.50–355.001,44218
Heifers400–450Medium and Large 1424384.08/cwt350.00–397.001,62830
Heifers400–450Medium 1439340.00/cwt340.00–340.001,4934
Heifers450–500Medium and Large 1-2463320.83/cwt312.00–340.001,48533
Heifers450–500Medium and Large 1477358.14/cwt339.00–377.001,708169
Heifers500–550Medium and Large 1-2512317.06/cwt299.00–320.001,62341
Heifers500–550Medium and Large 1518329.67/cwt327.50–331.001,70817
Heifers500–550Large 1535308.73/cwt307.00–323.001,6529
Heifers550–600Medium and Large 1-2571297.84/cwt294.50–311.001,70187
Heifers550–600Medium and Large 1587311.76/cwt309.00–322.001,830165
Heifers600–650Medium and Large 1623295.74/cwt281.00–300.001,84226
Heifers650–700Large 1664262.53/cwt259.00–265.001,7434
Heifers650–700Medium and Large 1678276.78/cwt268.00–284.001,87794
Heifers700–750Medium and Large 1719267.87/cwt259.00–273.001,92654
Heifers750–800Medium and Large 1-2775251.00/cwt251.00–251.001,9452
Heifers750–800Medium and Large 1777259.14/cwt259.00–259.502,01446
Heifers750–800Large 1787238.48/cwt235.00–242.001,8776
Heifers800–850Medium and Large 1Fancy815263.00/cwt263.00–263.002,14315
Heifers900–950Medium and Large 1905237.00/cwt237.00–237.002,1459
Heifers950–1000Medium and Large 1999228.00/cwt228.00–228.002,2785
Heifers1000–1050Medium and Large 11,003217.00/cwt217.00–217.002,1772
Heifers1100–1150Large 1-21,110201.00/cwt201.00–201.002,2311
Heifers1250–1300Large 11,257191.00/cwt191.00–191.002,4016
Feeder Cattle · Bulls4 lots · lightest first
Bulls400–450Medium and Large 1425395.00/cwt395.00–395.001,6791
Bulls600–650Medium and Large 1627300.00/cwt300.00–300.001,8813
Bulls800–850Medium and Large 1825246.00/cwt246.00–246.002,0302
Bulls1000–1050Large 11,020225.00/cwt225.00–225.002,2951
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,979139.14/cwt137.00–142.002,7544
Bulls——2,049151.41/cwt147.00–153.003,1028
Slaughter Cattle · Cows15 lots · lightest first
Cows—Lean 85-90%Light Weight99072.00/cwt72.00–72.007131
Cows—Lean 85-90%1,10281.49/cwt75.00–87.008985
Cows—Lean 85-90%1,190100.21/cwt96.00–109.001,1925
Cows—Lean 85-90%Return to Feed1,199116.53/cwt108.00–124.001,39736
Cows—Lean 85-90%Return to Feed1,224132.11/cwt123.00–134.501,6179
Cows—Lean 85-90%1,270115.00/cwt115.00–115.001,4612
Cows—Boner 80-85%Return to Feed1,348131.57/cwt124.00–134.001,77428
Cows—Boner 80-85%Return to Feed1,430112.72/cwt108.00–117.001,6122
Cows—Boner 80-85%1,463138.01/cwt136.00–142.002,0198
Cows—Boner 80-85%1,468119.98/cwt118.00–123.001,7613
Cows—Breaker 75-80%Return to Feed1,498138.32/cwt138.00–139.002,0723
Cows—Breaker 75-80%Return to Feed1,505136.00/cwt136.00–136.002,0471
Cows—Breaker 75-80%1,575144.50/cwt144.50–144.502,2761
Cows—Breaker 75-80%Return to Feed1,590141.50/cwt141.50–141.502,2501
Cows—Breaker 75-80%1,689141.01/cwt140.00–141.502,38217
Replacement Cattle · Stock Cows3 lots · lightest first
Stock Cows—Medium and Large 1-2934188.70/cwt172.00–201.001,7624
Stock Cows—Medium and Large 11,083182.46/cwt150.00–214.001,97650
Stock Cows—Medium and Large 11,192153.51/cwt132.00–210.001,83030
Replacement Cattle · Bred Cows5 lots · lightest first
Bred Cows—Medium 19501,975.00/head1,975.00–1,975.001,9752
Bred Cows—Medium and Large 1-2Broken Mouth1,2581,600.00/head1,600.00–1,600.001,6005
Bred Cows—Medium and Large 1-21,2931,725.00/head1,725.00–1,725.001,7252
Bred Cows—Medium and Large 1Broken Mouth1,3891,900.00/head1,900.00–1,900.001,9005
Bred Cows—Medium and Large 11,4201,800.00/head1,800.00–1,800.001,8001

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.