Sale reports / Montana / Billings Livestock Commission / 2025-02-27

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Feb 27
● Final69 lots reportedUSDA AMS · slug 1777
Feeder Cattle receipts
301 head
▼ 1,416 vs last sale 1,717▲ 102 vs year ago 199 · +51.3%
Slaughter Cattle receipts
459 head
▲ 393 vs last sale 66▼ 21 vs year ago 480 · −4.4%
Replacement Cattle receipts
271 head
▲ 224 vs last sale 47▲ 80 vs year ago 191 · +41.9%
Also sold here(Mon)Mon Nov 2, 2026
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Reporter comment USDA

As filed

Compared to last week: Feeder steer calves were all too lightly tested to develop an accurate market trend, however steady undertones were noticed on steers under 550 lbs and higher undertones were noticed on steers over 550 lbs. All heifers were too lightly tested to develop an accurate market trend, however lower undertones were noticed on heifers under 600 lbs on a lower quality offering. Steady undertones were noticed on all heifers over 650 lbs. Demand was mostly good for light offerings. Quality this week was mostly plain to average with a limited offering of attractive feeders seen. Quality was not as attractive as last sale two weeks ago. Package sizes were mostly small this week with many packages under 5 head. Market activity was moderate to active this sale with bidders both ringside and over the internet actively bidding on offerings. A smaller buyer pool was noticed this sale compared to last. Weigh up cows sold on good to very good demand for light to moderate offerings. Cow offerings were too lightly tested this week to develop an accurate market trend, however steady undertones were noticed on lean cows and steady to weak undertones were noticed on boning cows. Breaking cows were not well tested last sale thus no comparisons can be made. Major packers showed lighter demand for slaughter cows this week while regional packers continue to show good demand for all offerings. Major packers opted to send most offerings to feed this week as warmer weather has increased cow availability around the northern tier of the country. Feeding cow demand was good to very good this week. High quality feeding cows suitable to feed to premium white were too lightly tested last week to develop a full market trend, however steady to weak undertones were noticed on a larger offering. Thin fleshed feeding cows sold with steady undertones in a very narrow comparison. Slaughter bulls sold were too lightly tested to develop a full market trend, however steady to weak undertones were noticed. Demand for bulls was very good this week as packers competed over limited offerings. Young age cows suitable to feed or rebreed sold mostly 5.00-10.00 higher in a narrow comparison. Quality this week was average to attractive. Several heifers that lost calves were seen this week. These offerings were met with very good demand.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $357.18/cwt on 24 head. That ranks 1 of 22 comparable sales and sits −85.76 against this barn's trailing median of $442.94.
Average price
$357.18
24 head · 572 lb average
Value per head Derived
$2,041
Price × average weight ÷ 100
Grade differential Derived
—
single grade reported
vs the market
+2.30
vs MT average
+8.94 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1572357.182,04124
Only one grade was reported at this weight, so there is no spread to compute.

How it compared 500–600 lb

Same class and week · spot auction only
This sale24 hd
357.18
—
MT average3 barns · 201 hd
354.89
+2.30
National average180 barns · 14,929 hd
348.24
+8.94
This barn, trailing median22 sales
442.94
−85.76
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—Average1,935167.173,23414
CowsBreaker 75-80%Low1,637145.292,37827
CowsBoner 80-85%Average1,398140.191,960147
CowsLean 85-90%High1,165138.861,618231

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)1,265$2,9506
Bred Cows2nd/3rd Stage (4-9 mo)Young (2-4 yrs)1,120$2,8001thin
Bred Cows3rd Stage (7-9 mo)Middle Aged (5-8 yrs)1,537$2,5505
Bred Cows3rd Stage (7-9 mo)Middle Aged/Aged (>5 yrs)1,465$2,2505
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged/Aged (>5 yrs)1,400$2,0715
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,155$1,9002thin
Bred Cows3rd Stage (7-9 mo)Aged (>8 yrs)1,265$1,8657

Every lot

69 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 · Steers15 lots · lightest first
Steers300–350Medium and Large 1-2321420.00/cwt420.00–420.001,3487
Steers400–450Medium and Large 1405414.58/cwt410.00–415.001,67912
Steers450–500Medium 1467362.87/cwt362.00–370.001,69527
Steers450–500Medium and Large 1477395.00/cwt395.00–395.001,8845
Steers450–500Medium and Large 1-2487359.46/cwt357.50–362.501,7515
Steers500–550Medium and Large 1549370.00/cwt370.00–370.002,0314
Steers550–600Medium and Large 1576354.62/cwt348.00–369.002,04320
Steers600–650Medium and Large 1638335.00/cwt335.00–335.002,1372
Steers650–700Medium and Large 1-2683298.63/cwt298.00–303.002,0408
Steers700–750Medium and Large 2708272.00/cwt272.00–272.001,9262
Steers700–750Medium and Large 1-2736280.00/cwt280.00–280.002,0615
Steers750–800Medium and Large 1752291.00/cwt291.00–291.002,1887
Steers750–800Medium and Large 1-2753269.00/cwt269.00–269.002,0262
Steers800–850Medium and Large 1836271.00/cwt271.00–271.002,26615
Steers1050–1100Medium and Large 1Fleshy1,057227.50/cwt227.50–227.502,4058
Feeder Cattle · Heifers14 lots · lightest first
Heifers400–450Medium and Large 1415355.00/cwt355.00–355.001,4734
Heifers400–450Medium and Large 1-2420343.94/cwt340.00–346.001,4456
Heifers450–500Medium and Large 1473343.07/cwt332.00–350.001,62311
Heifers450–500Medium and Large 1-2488330.00/cwt330.00–330.001,6102
Heifers500–550Medium and Large 1515333.00/cwt333.00–333.001,7155
Heifers600–650Medium and Large 1622297.09/cwt289.00–302.001,84819
Heifers600–650Medium and Large 2628267.50/cwt267.50–267.501,6802
Heifers650–700Medium and Large 1671276.00/cwt276.00–276.001,85221
Heifers650–700Medium and Large 1-2680264.00/cwt264.00–264.001,7952
Heifers700–750Medium and Large 1717263.28/cwt260.00–266.001,8889
Heifers700–750Medium and Large 1Replacement736270.00/cwt270.00–270.001,98715
Heifers700–750Medium and Large 1-2737251.00/cwt251.00–251.001,8507
Heifers750–800Medium and Large 1756257.00/cwt257.00–257.001,9434
Heifers800–850Medium and Large 1801257.00/cwt257.00–257.002,05921
Feeder Cattle · Bulls4 lots · lightest first
Bulls400–450Medium and Large 1434367.43/cwt362.50–370.001,5953
Bulls450–500Medium and Large 1-2460350.00/cwt350.00–350.001,6102
Bulls650–700Medium and Large 1690252.50/cwt252.50–252.501,7421
Bulls800–850Medium and Large 1830230.00/cwt230.00–230.001,9092
Slaughter Cattle · Bulls4 lots · lightest first
Bulls——1,671153.83/cwt149.00–159.002,5704
Bulls——1,955171.00/cwt171.00–171.003,3431
Bulls——1,995168.23/cwt161.00–179.003,3567
Bulls——2,240188.21/cwt183.00–194.004,2162
Slaughter Cattle · Cows17 lots · lightest first
Cows—Lean 85-90%Light Weight865118.00/cwt118.00–118.001,0211
Cows—Lean 85-90%1,000100.00/cwt100.00–100.001,0001
Cows—Lean 85-90%Return to Feed1,147118.33/cwt109.00–131.001,35735
Cows—Lean 85-90%Return to Feed1,151142.80/cwt135.00–145.501,644115
Cows—Lean 85-90%1,168117.70/cwt115.00–124.001,3757
Cows—Lean 85-90%Return to Feed1,195146.35/cwt146.00–147.001,74961
Cows—Lean 85-90%1,247139.73/cwt137.00–141.001,74210
Cows—Lean 85-90%1,275146.00/cwt146.00–146.001,8621
Cows—Boner 80-85%Return to Feed1,380142.61/cwt137.00–146.001,96877
Cows—Boner 80-85%Return to Feed1,407127.19/cwt121.00–134.001,79024
Cows—Boner 80-85%1,418141.89/cwt135.00–145.502,01236
Cows—Boner 80-85%1,420150.34/cwt147.00–160.002,1358
Cows—Breaker 75-80%Return to Feed1,540144.00/cwt144.00–144.002,2181
Cows—Boner 80-85%1,545131.56/cwt128.00–134.502,0332
Cows—Breaker 75-80%1,628145.39/cwt143.00–150.002,36719
Cows—Breaker 75-80%1,650139.71/cwt136.00–143.502,3054
Cows—Breaker 75-80%1,707152.55/cwt150.50–154.002,6043
Replacement Cattle · Stock Cows7 lots · lightest first
Stock Cows—Medium 1730240.00/cwt240.00–240.001,7522
Stock Cows—Medium and Large 1-2917201.92/cwt193.00–220.001,8526
Stock Cows—Medium and Large 11,017215.29/cwt189.00–240.002,189106
Stock Cows—Medium and Large 1-21,038140.00/cwt140.00–140.001,4532
Stock Cows—Medium and Large 1-21,112152.52/cwt142.00–172.501,69611
Stock Cows—Medium and Large 11,126174.74/cwt147.00–222.501,96893
Stock Cows—Medium and Large 11,450145.46/cwt145.00–146.002,1092
Replacement Cattle · Bred Cows8 lots · lightest first
Bred Cows—Medium and Large 11,1202,800.00/head2,800.00–2,800.002,8001
Bred Cows—Medium and Large 11,1551,900.00/head1,900.00–1,900.001,9002
Bred Cows—Medium and Large 1-2Broken Mouth1,2341,826.12/head1,750.00–1,900.001,8266
Bred Cows—Medium and Large 11,2652,950.12/head2,850.00–2,975.002,9506
Bred Cows—Medium and Large 11,4002,070.78/head2,050.00–2,100.002,0715
Bred Cows—Medium and Large 1Broken Mouth1,4502,100.00/head2,100.00–2,100.002,1001
Bred Cows—Medium and Large 1Non-Legible BANGS1,4652,250.00/head2,250.00–2,250.002,2505
Bred Cows—Medium and Large 11,5372,550.00/head2,550.00–2,550.002,5505

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.