Sale reports / Montana / Billings Livestock Commission / 2025-10-16

Billings Livestock Commission

Feeder Cattle · Billings, Montana · Thu, Oct 16
● Final70 lots reportedUSDA AMS · slug 1777
Receipts
4,595 head
▲ 1,255 vs last sale 3,340▼ 180 vs year ago 4,775 · −3.8%
Also sold here(Mon)Mon Nov 2, 2026
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Reporter comment USDA

As filed

Compared to last week: Yearling steers and heifers were too lightly tested today to develop any market trend. Steer calves under 600 lbs sold mostly 5.00-15.00 higher. Steer calves over 600 lbs sold mostly steady to 5.00 higher. Heifer calves all sold 5.00-15.00 higher. Demand was mostly very good for moderate to heavy offerings. Yearling quality was mostly plain to average today. Yearling offerings were very light. Calf quality was average to very attractive. A large crowd was on hand for todays sale and stayed until late in the day. Heifer demand was very good this sale. Several farmer feeders were in the stands and showed very good demand for heifers to feed. Demand for high quality heifers was very good as several buyers showed strong premiums for heifers that could be developed into replacements. These offerings were tagged as fancy in the report below. Demand for lightweight calves was very good again this sale as buyers look for calves that can be developed into yearlings. This is unseasonably early as buyers show concern over available supplies of lightweight calves. Most sets of lightweight steer calves topped 2300 per head with some sets selling for the same dollars per head as their heavyweight brothers. CME positions traded higher again today and have pushed higher much of this week. Market activity was active with a large crowd on hand for todays sale. No cows will be sold on Thursdays in the fall.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $473.67/cwt on 959 head. That ranks 15 of 22 comparable sales and sits +30.72 against this barn's trailing median of $442.94.
Average price
$473.67
959 head · 551 lb average
Value per head Derived
$2,611
Price × average weight ÷ 100
Grade differential Derived
$472
per head · Medium and Large 1 over Medium and Large 2
$87.77/cwt at this weight
vs the market
−2.28
vs MT average
+4.63 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1551481.522,653720
Large 1522474.682,47812thin
Medium and Large 1-2553451.772,500215
Medium and Large 2554393.752,18112thin
One grade step is worth $87.77/cwt here — about $472 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 sale959 hd
473.67
—
MT average4 barns · 1,887 hd
475.95
−2.28
National average176 barns · 29,227 hd
469.04
+4.63
This barn, trailing median22 sales
442.94
+30.72
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.

Every lot

70 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 · Steers37 lots · lightest first
Steers150–200Medium and Large 1Unweaned186890.00/cwt890.00–890.001,6555
Steers250–300Medium and Large 1Unweaned265842.18/cwt840.00–845.002,23238
Steers300–350Medium and Large 1Unweaned323696.78/cwt680.00–720.002,25126
Steers300–350Medium and Large 1-2Unweaned325647.38/cwt640.00–670.002,1044
Steers350–400Medium and Large 1Unweaned374641.88/cwt612.50–705.002,401101
Steers350–400Medium and Large 1-2Unweaned394606.00/cwt606.00–606.002,38811
Steers400–450Medium and Large 1Unweaned427577.75/cwt550.00–612.502,46798
Steers400–450Medium and Large 1Full429535.00/cwt535.00–535.002,2959
Steers400–450Medium 1Unweaned440520.00/cwt520.00–520.002,2882
Steers400–450Medium and Large 1-2Unweaned442529.21/cwt495.00–537.502,33974
Steers450–500Medium and Large 1Full476490.00/cwt490.00–490.002,33211
Steers450–500Medium and Large 1Unweaned480528.94/cwt514.00–553.002,539209
Steers450–500Medium 1Unweaned485510.00/cwt510.00–510.002,47432
Steers450–500Medium and Large 1-2Unweaned486493.90/cwt479.00–509.002,40037
Steers500–550Medium and Large 1520487.19/cwt484.00–491.002,53315
Steers500–550Large 1Unweaned522474.68/cwt450.00–487.002,47812
Steers500–550Medium and Large 1Unweaned525499.33/cwt490.00–514.002,621296
Steers500–550Medium and Large 1-2Unweaned535467.87/cwt442.50–480.002,503129
Steers500–550Medium and Large 2Unweaned535435.00/cwt435.00–435.002,3276
Steers550–600Medium and Large 1Unweaned571468.42/cwt443.00–487.502,675409
Steers550–600Medium and Large 2Unweaned573352.50/cwt352.50–352.502,0206
Steers550–600Medium and Large 1-2Unweaned581427.63/cwt395.00–440.002,48586
Steers600–650Medium and Large 2Unweaned608250.00/cwt250.00–250.001,5203
Steers600–650Medium and Large 1Fancy612464.00/cwt464.00–464.002,84078
Steers600–650Medium and Large 1-2Unweaned621407.27/cwt400.00–412.002,52946
Steers600–650Medium and Large 1Unweaned633433.90/cwt420.00–456.002,747336
Steers650–700Medium and Large 1Unweaned664422.49/cwt404.00–429.002,805197
Steers650–700Medium and Large 1-2Unweaned687395.43/cwt395.00–396.002,7177
Steers700–750Medium and Large 1Unweaned726384.05/cwt373.00–392.002,78834
Steers750–800Medium and Large 1782382.75/cwt378.00–385.002,99327
Steers750–800Medium and Large 1Unweaned784369.98/cwt367.00–373.002,9018
Steers750–800Medium and Large 1-2789374.00/cwt374.00–374.002,9516
Steers800–850Medium and Large 1-2809350.00/cwt350.00–350.002,83212
Steers800–850Medium and Large 1820376.74/cwt374.50–378.003,08925
Steers850–900Medium and Large 1858362.00/cwt362.00–362.003,1068
Steers850–900Medium and Large 1-2873353.00/cwt353.00–353.003,0822
Steers1000–1050Medium and Large 11,006333.00/cwt333.00–333.003,3506
Feeder Cattle · Heifers31 lots · lightest first
Heifers200–250Medium and Large 1Unweaned219811.39/cwt800.00–820.001,77717
Heifers250–300Medium and Large 1Unweaned269707.40/cwt660.00–740.001,90342
Heifers300–350Medium and Large 1-2Unweaned310586.53/cwt560.00–595.001,8184
Heifers300–350Medium and Large 1Unweaned340605.00/cwt605.00–605.002,05716
Heifers350–400Medium and Large 1Unweaned368573.33/cwt530.00–616.002,110124
Heifers350–400Medium and Large 1-2Unweaned387509.01/cwt495.00–535.001,97023
Heifers400–450Medium and Large 1-2Unweaned428457.68/cwt435.00–465.001,95916
Heifers400–450Medium and Large 1Unweaned433519.36/cwt492.50–542.502,249138
Heifers450–500Medium and Large 1469487.50/cwt487.50–487.502,2867
Heifers450–500Medium and Large 1Unweaned473483.45/cwt460.00–505.002,287220
Heifers450–500Medium and Large 1-2Unweaned479430.96/cwt420.00–438.002,06415
Heifers450–500Large 1Unweaned494392.00/cwt392.00–392.001,9367
Heifers500–550Medium and Large 1Fancy511475.90/cwt473.00–480.002,43288
Heifers500–550Medium and Large 1517455.90/cwt432.00–461.002,35723
Heifers500–550Medium and Large 1-2Unweaned525415.77/cwt372.50–435.002,18329
Heifers500–550Medium and Large 1Unweaned530447.19/cwt420.00–464.002,370303
Heifers550–600Medium and Large 1Fancy553456.50/cwt456.50–456.502,5249
Heifers550–600Medium and Large 1Unweaned569424.93/cwt395.00–448.002,418202
Heifers550–600Medium and Large 1-2Unweaned572388.17/cwt386.00–390.002,22011
Heifers550–600Medium 1Unweaned582390.00/cwt390.00–390.002,2703
Heifers600–650Medium and Large 1Replacement612409.99/cwt400.00–412.002,50947
Heifers600–650Medium and Large 1Unweaned622397.10/cwt367.50–406.002,470160
Heifers600–650Medium and Large 1-2Unweaned637370.00/cwt370.00–370.002,3577
Heifers800–850Medium and Large 1Unweaned803330.00/cwt330.00–330.002,6503
Heifers850–900Medium and Large 1-2885322.40/cwt321.00–326.002,85314
Heifers900–950Medium and Large 1-2935316.00/cwt316.00–316.002,9553
Heifers950–1000Medium and Large 1968311.86/cwt308.50–315.003,01938
Heifers1000–1050Medium and Large 1-21,031293.00/cwt293.00–293.003,0219
Heifers1000–1050Medium and Large 11,039296.00/cwt296.00–296.003,0758
Heifers1050–1100Large 1Full1,099281.00/cwt281.00–281.003,0886
Heifers1100–1150Large 11,111287.08/cwt285.00–292.003,18920
Feeder Cattle · Bulls2 lots · lightest first
Bulls500–550Medium and Large 1Unweaned503477.50/cwt477.50–477.502,4028
Bulls600–650Medium and Large 1Unweaned610409.00/cwt409.00–409.002,4954

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.