Sale reports / Montana / Billings Livestock Commission / 2026-07-23

Billings Livestock Commission

Name: Billings Livestock Commission livestock auction prices — 2026-07-23
Creator: RaisedBeef
Published: 2026-07-23

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Thu, Jul 23

● Final75 lots reportedUSDA AMS · slug 1777

← Jul 16Jul 23Aug 13 →

Feeder Cattle receipts

401 head

▲ 99 vs last sale 302▲ 163 vs year ago 238 · +68.5%

Slaughter Cattle receipts

409 head

▲ 19 vs last sale 390▲ 19 vs year ago 390 · +4.9%

Replacement Cattle receipts

121 head

▼ 66 vs last sale 187▲ 61 vs year ago 60 · +101.7%

Also sold here(Mon)Mon Nov 2, 2026

View

Reporter comment USDA

As filed

Compared to last week (7-16-26): Feeder cattle were all too lightly tested last week to develop an accurate market trend, however lower undertones were noticed on all offerings. Quality this week was mixed from plain to attractive. Several sets of yearlings coming off grass were seen this sale. Demand was mostly moderate to good for light offerings. CME positions have fallen drastically over the last week and buyers showed slightly lighter demand for feeders as a result. Group sizes were small to moderate with many singles noticed. Market activity was mostly moderate to active with a small to moderate size buyer pool noticed. Weigh up cows sold on moderate demand and light offerings. Demand for feeding cows was mostly moderate. Canadian buyers continue to buy cows to ship north and feed. American packers showed a desire to purchase cows lower and showed slightly lighter demand for all cows on offer. Boning and lean fleshed feeding cows sold mostly 2.00-5.00 lower, while breaking flesh cows sold 1.00-2.00 lower. Cow quality was mostly plain to average and overall not as attractive as the previous week. Demand for slaughter cows was mostly moderate with moderate to good demand seen at times. Slaughter cows sold generally steady to weak in a narrow comparison. Slaughter bulls sold mostly 3.00-5.00 lower. Feeding bulls were too lightly tested to develop an accurate market trend, however lower undertones were noticed. Weigh up conditions were mixed with both full and empty cows noticed. Young age offerings suitable to feed or rebreed were too lightly tested to develop any market trend. Demand for young rebreed cows was mostly moderate to good on an average quality offering.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb heifers averaged $360.00/cwt on 4 head, up $22.52 from the prior sale. That ranks 4 of 23 comparable sales and sits −51.62 against this barn's trailing median of $411.62.

Average price

$360.00

▲ 22.52 vs prior sale

4 head · 519 lb average

Value per head Derived

$1,868

Price × average weight ÷ 100

Grade differential Derived

—

single grade reported

vs the market

+0.00

vs MT average

−15.81 vs national

Price by quality 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium 1-2	519	360.00	1,868	4thin

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 sale4 hd

360.00

—

MT average1 barns · 4 hd

360.00

+0.00

National average148 barns · 5,785 hd

375.81

−15.81

This barn, trailing median23 sales

411.62

−51.62

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

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.

Class	Grade	Dressing	Avg wt	$/cwt	$/head	Head
Bulls	—	Low	1,851	208.76	3,864	107
Cows	Boner 80-85%	Very Low	1,393	174.16	2,426	121
Cows	Breaker 75-80%	Average	1,609	170.74	2,748	27
Cows	Lean 85-90%	Low	1,138	156.35	1,778	32

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.

Class	Stage	Age	Avg wt	$/head	Head
Bred Heifers	3rd Stage (7-9 mo)	(<2 yrs)	1,173	$3,150	2thin
Bred Heifers	1st/2nd Stage (1-6 mo)	Young (2-4 yrs)	1,276	$2,920	5
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,189	$3,775	5
Cow-Calf Pairs	Open	Aged (>8 yrs)	1,515	$3,706	3thin

Every lot

75 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.

Class	Weight	Grade / description	Avg wt	Price	Range	Per head	Head
Feeder Cattle · Steers11 lots · lightest first
Steers	300–350	Medium and Large 1Unweaned	330	630.00/cwt	630.00–630.00	2,079	1
Steers	550–600	Medium 1-2	573	380.00/cwt	380.00–380.00	2,177	2
Steers	700–750	Medium and Large 1-2	711	385.00/cwt	385.00–385.00	2,737	4
Steers	800–850	Medium and Large 1	818	354.00/cwt	350.00–355.00	2,896	28
Steers	850–900	Medium and Large 1	880	345.97/cwt	339.00–351.50	3,045	26
Steers	850–900	Medium and Large 1-2	883	340.00/cwt	340.00–340.00	3,002	2
Steers	900–950	Medium and Large 1	935	334.00/cwt	334.00–334.00	3,123	2
Steers	950–1000	Medium and Large 1	988	330.00/cwt	330.00–330.00	3,260	20
Steers	1000–1050	Medium and Large 1	1,003	323.00/cwt	323.00–323.00	3,240	2
Steers	1050–1100	Medium and Large 1	1,058	316.00/cwt	316.00–316.00	3,343	2
Steers	1100–1150	Large 1	1,110	306.00/cwt	306.00–306.00	3,397	6
Feeder Cattle · Heifers15 lots · lightest first
Heifers	300–350	Medium and Large 2	343	410.00/cwt	410.00–410.00	1,406	2
Heifers	500–550	Medium 1-2	519	360.00/cwt	360.00–360.00	1,868	4
Heifers	600–650	Medium 1	625	335.00/cwt	335.00–335.00	2,094	2
Heifers	650–700	Medium and Large 1	658	370.00/cwt	370.00–370.00	2,435	16
Heifers	700–750	Medium and Large 1	730	350.16/cwt	350.00–352.00	2,556	12
Heifers	700–750	Medium and Large 1-2	746	336.00/cwt	336.00–336.00	2,507	4
Heifers	750–800	Medium and Large 1	775	340.00/cwt	340.00–340.00	2,635	2
Heifers	750–800	Medium and Large 1-2	775	327.50/cwt	327.50–327.50	2,538	5
Heifers	800–850	Medium and Large 1	831	334.38/cwt	331.00–338.50	2,779	40
Heifers	850–900	Medium and Large 1	880	329.92/cwt	325.00–332.00	2,903	31
Heifers	850–900	Medium and Large 1Fleshy	892	301.65/cwt	295.00–315.00	2,691	3
Heifers	900–950	Medium and Large 1	929	321.00/cwt	321.00–321.00	2,982	29
Heifers	1050–1100	Medium and Large 1Full	1,085	274.00/cwt	274.00–274.00	2,973	4
Heifers	1100–1150	Medium and Large 1-2	1,112	279.00/cwt	279.00–279.00	3,102	3
Heifers	1100–1150	Large 1Full	1,127	250.00/cwt	250.00–250.00	2,818	3
Feeder Cattle · Bulls6 lots · lightest first
Bulls	450–500	Medium and Large 1Unweaned	494	452.50/cwt	452.50–452.50	2,235	6
Bulls	500–550	Medium 1	527	405.00/cwt	405.00–405.00	2,134	3
Bulls	500–550	Medium 1-2	542	370.00/cwt	370.00–370.00	2,005	3
Bulls	600–650	Medium and Large 1Unweaned	635	382.48/cwt	380.00–385.00	2,429	2
Bulls	850–900	Medium and Large 1	850	305.00/cwt	305.00–305.00	2,593	2
Bulls	1050–1100	Large 1	1,085	265.00/cwt	265.00–265.00	2,875	2
Feeder Cattle · Beef/Dairy Steers2 lots · lightest first
Beef/Dairy Steers	900–950	Large 1-2	947	328.00/cwt	328.00–328.00	3,106	32
Beef/Dairy Steers	1000–1050	Large 1-2	1,027	312.00/cwt	312.00–312.00	3,204	12
Feeder Cattle · Beef/Dairy Heifers2 lots · lightest first
Beef/Dairy Heifers	800–850	Large 1-2	829	311.00/cwt	311.00–311.00	2,578	5
Beef/Dairy Heifers	900–950	Large 1-2	926	307.50/cwt	307.50–307.50	2,847	25
Slaughter Cattle · Bulls11 lots · lightest first
Bulls	—	—Light Weight	1,160	182.62/cwt	167.50–191.00	2,118	4
Bulls	—	—Return to Feed	1,359	194.23/cwt	190.00–197.50	2,640	7
Bulls	—	—Natural	1,579	201.25/cwt	192.50–205.00	3,178	7
Bulls	—	—Return to Feed	1,672	210.71/cwt	205.00–212.50	3,523	4
Bulls	—	—	1,769	201.85/cwt	184.00–206.00	3,571	19
Bulls	—	—	1,966	221.80/cwt	219.00–226.00	4,361	8
Bulls	—	—	1,977	211.38/cwt	207.00–218.00	4,179	33
Bulls	—	—Natural	1,986	212.72/cwt	208.00–219.00	4,225	18
Bulls	—	—Natural	2,140	230.01/cwt	225.00–235.00	4,922	5
Bulls	—	—	2,335	211.00/cwt	211.00–211.00	4,927	1
Bulls	—	—Heavy Weight	2,790	221.00/cwt	221.00–221.00	6,166	1
Slaughter Cattle · Cows18 lots · lightest first
Cows	—	Lean 85-90%Light Weight	895	159.18/cwt	140.00–165.00	1,425	6
Cows	—	Lean 85-90%Light Weight	940	127.50/cwt	127.50–127.50	1,199	1
Cows	—	Lean 85-90%	1,000	160.00/cwt	160.00–160.00	1,600	1
Cows	—	Lean 85-90%	1,186	150.99/cwt	146.00–155.00	1,791	4
Cows	—	Lean 85-90%	1,200	140.00/cwt	140.00–140.00	1,680	1
Cows	—	Lean 85-90%Return to Feed	1,204	175.44/cwt	172.00–182.00	2,112	4
Cows	—	Lean 85-90%Return to Feed	1,222	154.32/cwt	150.00–167.50	1,886	15
Cows	—	Boner 80-85%	1,270	121.00/cwt	121.00–121.00	1,537	1
Cows	—	Boner 80-85%Return to Feed	1,294	185.73/cwt	184.00–189.00	2,403	18
Cows	—	Boner 80-85%	1,320	140.00/cwt	140.00–140.00	1,848	1
Cows	—	Boner 80-85%Return to Feed	1,380	160.90/cwt	149.00–165.00	2,220	19
Cows	—	Boner 80-85%	1,410	165.59/cwt	164.00–168.00	2,335	3
Cows	—	Boner 80-85%	1,413	154.07/cwt	149.00–158.00	2,177	8
Cows	—	Boner 80-85%Return to Feed	1,421	178.63/cwt	167.00–182.50	2,538	71
Cows	—	Breaker 75-80%Return to Feed	1,533	182.00/cwt	182.00–182.00	2,790	2
Cows	—	Breaker 75-80%Return to Feed	1,601	172.75/cwt	170.00–174.00	2,766	10
Cows	—	Breaker 75-80%	1,605	163.20/cwt	151.00–166.00	2,619	5
Cows	—	Breaker 75-80%	1,635	170.25/cwt	168.00–173.50	2,784	10
Replacement Cattle · Stock Cows5 lots · lightest first
Stock Cows	—	Medium 1-2	755	240.00/cwt	240.00–240.00	1,812	1
Stock Cows	—	Medium and Large 1	1,149	250.43/cwt	235.00–265.00	2,877	7
Stock Cows	—	Medium and Large 1-2	1,170	203.00/cwt	181.00–262.50	2,375	4
Stock Cows	—	Medium and Large 1	1,232	217.07/cwt	188.50–265.00	2,674	16
Stock Cows	—	Medium and Large 1	1,313	179.00/cwt	179.00–179.00	2,350	3
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs	—	Medium and Large 1-2	1,189	3,775.00/head	3,775.00–3,775.00	3,775	5
Cow-Calf Pairs	—	Medium and Large 1-2Broken Mouth	1,515	3,705.63/head	3,500.00–3,800.00	3,706	3
Replacement Cattle · Bred Heifers3 lots · lightest first
Bred Heifers	—	Medium and Large 1	1,173	3,150.00/head	3,150.00–3,150.00	3,150	2
Bred Heifers	—	Medium and Large 1-2Fleshy	1,264	2,900.00/head	2,900.00–2,900.00	2,900	4
Bred Heifers	—	Medium and Large 1Fleshy	1,325	3,000.00/head	3,000.00–3,000.00	3,000	1

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.

Montana feeder prices, every weight →Every state and region →

Billings Livestock Commission Cattle Auction - Billings, MT (Thu)

Thu Jul 23, 2026

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Billings, MT (LS-BL)

Feeder CattleReceipts 401Last week 302Year ago 238

Slaughter CattleReceipts 409Last week 390Year ago 390

Replacement CattleReceipts 121Last week 187Year ago 60

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Natural$ per cwt · actual wt
7	—	1,579	192.50–205.00	201.25
5	—	2,140	225.00–235.00	230.01
18	—	1,986	208.00–219.00	212.72

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Light Weight$ per cwt · actual wt
4	—	1,160	167.50–191.00	182.62

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Return to Feed$ per cwt · actual wt
7	—	1,359	190.00–197.50	194.23
4	—	1,672	205.00–212.50	210.71

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
33	—	1,977	207.00–218.00	211.38
8	—	1,966	219.00–226.00	221.80
1	—	2,335	211.00	211.00
19	—	1,769	184.00–206.00	201.85

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Heavy Weight$ per cwt · actual wt
1	—	2,790	221.00	221.00

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
1	—	1,200	140.00	140.00
1	—	1,000	160.00	160.00
4	—	1,186	146.00–155.00	150.99

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
1	—	1,270	121.00	121.00
8	—	1,413	149.00–158.00	154.07
1	—	1,320	140.00	140.00
3	—	1,410	164.00–168.00	165.59

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85% · Return to Feed$ per cwt · actual wt
18	—	1,294	184.00–189.00	185.73
19	—	1,380	149.00–165.00	160.90
71	—	1,421	167.00–182.50	178.63

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80%$ per cwt · actual wt
10	—	1,635	168.00–173.50	170.25
5	—	1,605	151.00–166.00	163.20

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80% · Return to Feed$ per cwt · actual wt
10	—	1,601	170.00–174.00	172.75
2	—	1,533	182.00	182.00

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90% · Light Weight$ per cwt · actual wt
1	—	940	127.50	127.50
6	—	895	140.00–165.00	159.18

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90% · Return to Feed$ per cwt · actual wt
15	—	1,222	150.00–167.50	154.32
4	—	1,204	172.00–182.00	175.44

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
3	850–900	892	295.00–315.00	301.65

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Full$ per cwt · actual wt
4	1050–1100	1,085	274.00	274.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
16	650–700	658	370.00	370.00
12	700–750	730	350.00–352.00	350.16
2	750–800	775	340.00	340.00
40	800–850	831	331.00–338.50	334.38
31	850–900	880	325.00–332.00	329.92
29	900–950	929	321.00	321.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2$ per cwt · actual wt
4	700–750	746	336.00	336.00
5	750–800	775	327.50	327.50
3	1100–1150	1,112	279.00	279.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
2	300–350	343	410.00	410.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium 1$ per cwt · actual wt
2	600–650	625	335.00	335.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium 1-2$ per cwt · actual wt
4	500–550	519	360.00	360.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Large 1 · Full$ per cwt · actual wt
3	1100–1150	1,127	250.00	250.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1 · Unweaned$ per cwt · actual wt
6	450–500	494	452.50	452.50
2	600–650	635	380.00–385.00	382.48

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
2	850–900	850	305.00	305.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium 1$ per cwt · actual wt
3	500–550	527	405.00	405.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium 1-2$ per cwt · actual wt
3	500–550	542	370.00	370.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Large 1$ per cwt · actual wt
2	1050–1100	1,085	265.00	265.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
28	800–850	818	350.00–355.00	354.00
26	850–900	880	339.00–351.50	345.97
2	900–950	935	334.00	334.00
20	950–1000	988	330.00	330.00
2	1000–1050	1,003	323.00	323.00
2	1050–1100	1,058	316.00	316.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
1	300–350	330	630.00	630.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
4	700–750	711	385.00	385.00
2	850–900	883	340.00	340.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium 1-2$ per cwt · actual wt
2	550–600	573	380.00	380.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Large 1$ per cwt · actual wt
6	1100–1150	1,110	306.00	306.00

Head	Wt range	Avg wt	Price range	Avg price
Beef/Dairy Steers — Large 1-2$ per cwt · actual wt
32	900–950	947	328.00	328.00
12	1000–1050	1,027	312.00	312.00

Head	Wt range	Avg wt	Price range	Avg price
Beef/Dairy Heifers — Large 1-2$ per cwt · actual wt
5	800–850	829	311.00	311.00
25	900–950	926	307.50	307.50

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Stock Cows — Medium and Large 1$ per cwt · actual wt
(<2 yrs)	Open	7	—	1,149	235.00–265.00	250.43
Young (2-4 yrs)	Open	16	—	1,232	188.50–265.00	217.07
Young/Middle Aged (2-8 yrs)	Open	3	—	1,313	179.00	179.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Stock Cows — Medium and Large 1-2$ per cwt · actual wt
Young (2-4 yrs)	Open	4	—	1,170	181.00–262.50	203.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Stock Cows — Medium 1-2$ per cwt · actual wt
Young (2-4 yrs)	Open	1	—	755	240.00	240.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 1-2$ per head · actual wt
Middle Aged (5-8 yrs)	Open	5	—	1,189	3,775.00	3,775.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 1-2 · Broken Mouth$ per head · actual wt
Aged (>8 yrs)	Open	3	—	1,515	3,500.00–3,800.00	3,705.63

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Heifers — Medium and Large 1-2 · Fleshy$ per head · actual wt
Young (2-4 yrs)	1st/2nd Stage (1-6 mo)	4	—	1,264	2,900.00	2,900.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Heifers — Medium and Large 1 · Fleshy$ per head · actual wt
Young (2-4 yrs)	1st/2nd Stage (1-6 mo)	1	—	1,325	3,000.00	3,000.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Heifers — Medium and Large 1$ per head · actual wt
(<2 yrs)	3rd Stage (7-9 mo)	2	—	1,173	3,150.00	3,150.00

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.