Sale reports / Montana / Billings Livestock Commission / 2026-11-05

Billings Livestock Commission

Feeder Cattle · Billings, Montana · Thu, Nov 5
● Final93 lots reportedUSDA AMS · slug 1777
← Oct 29Nov 5latest
Receipts
3,987 head
▲ 375 vs last sale 3,612▼ 1,929 vs year ago 5,916 · −32.6%
Also sold here(Mon)Mon Nov 2, 2026
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Reporter comment USDA

As filed

Compared to last sale (10-29-26): Yearling cattle were too lightly tested to develop any market trend. Steer calves under 400 lbs were too lightly tested last week to develop an accurate market trend, however lower undertones were noticed. Steer calves 400-449 lbs sold mostly 20.00-30.00 lower; 450-549 lbs sold mostly 5.00 to 10.00 lower; steer calves 550-649 lbs sold unevenly steady from 5.00 higher to 10.00 lower; steer calves over 650 lbs sold sharply lower with most sales 20.00-25.00 lower. Heifer calves under 450 lbs were too lightly tested last week to develop an accurate market trend, however sharply lower undertones were noticed; Heifer calves 450-549 lbs sold steady to 10.00 lower; heifers over 550 lbs sold mostly 5.00-10.00 lower. Calves were offered in a variety of package sizes this week, but were mostly small to moderate with a couple of load lots seen. Quality this week was mixed from plain to very attractive. Very high quality cattle sold on very good demand this week, however plain to average quality cattle were met with mostly light demand. This led to wide price spreads at times. Many cut-back calves continue to be seen off summer video sales. Demand for light weight calves was significantly lighter this week as several buyers were off the market due wet pen conditions and lower CME positions. Rain fell early in the week and pen conditions at the yards were very muddy. Most cattle were dirty to very dirty as a result. A few offerings of weaned calves are starting to be seen. Many of these offerings were both very full and very dirty which limited demand for these offerings. CME positions have sold off sharply over the last few days, including today. Feeder cattle contracts sold with strong triple digit losses again today with most contracts 3.00 to 6.00 lower. Market activity was mostly active with a moderate to large size buying pool noticed. More buyers were present this week compared to last week. Billings livestock commission will not sale cows or bulls again this fall on Thursdays. Cows will be sold on Mondays during the fall run.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $429.91/cwt on 502 head, down $5.72 from the prior sale. That ranks 7 of 23 comparable sales and sits −7.63 against this barn's trailing median of $437.54.
Average price
$429.91
▼ 5.72 vs prior sale
502 head · 542 lb average
Value per head Derived
$2,332
Price × average weight ÷ 100
Grade differential Derived
$193
per head · Medium and Large 1 over Medium 1
$26.47/cwt at this weight
vs the market
+3.44
vs MT average
+15.61 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1543435.472,366395
Medium and Large 2520415.002,1585thin
Medium and Large 1-2544409.152,22772
Medium 1531409.002,17330
One grade step is worth $26.47/cwt here — about $193 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 sale502 hd
429.91
—
MT average5 barns · 1,050 hd
426.47
+3.44
National average135 barns · 15,890 hd
414.30
+15.61
This barn, trailing median23 sales
437.54
−7.63
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
540488436384median 437.5403/0504/3006/1110/0111/05
Steers 500–600 lb: high $525.97, low $398.08, median $437.54 across 23 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

Every lot

93 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 · Steers39 lots · lightest first
Steers250–300Medium and Large 1Unweaned264644.13/cwt640.00–645.001,70111
Steers300–350Medium and Large 1Unweaned323584.41/cwt570.00–605.001,88825
Steers300–350Medium and Large 1-2Unweaned343500.00/cwt500.00–500.001,7152
Steers350–400Medium and Large 1Unweaned352570.00/cwt570.00–570.002,0065
Steers350–400Medium and Large 1-2Unweaned377489.78/cwt485.00–500.001,84612
Steers400–450Medium and Large 1-2Unweaned418469.60/cwt460.00–486.001,96314
Steers400–450Medium and Large 1426532.28/cwt525.00–540.002,26814
Steers400–450Medium and Large 1Unweaned430516.95/cwt490.00–547.502,223115
Steers400–450Medium 1Unweaned431492.50/cwt492.50–492.502,12311
Steers400–450Medium and Large 1-2447440.00/cwt440.00–440.001,9673
Steers450–500Medium and Large 1460502.50/cwt502.50–502.502,3123
Steers450–500Medium and Large 1Unweaned464484.62/cwt460.00–510.002,24979
Steers450–500Medium and Large 1-2Unweaned482452.06/cwt420.00–458.002,17928
Steers500–550Medium and Large 1506452.00/cwt452.00–452.002,28736
Steers500–550Medium 1Unweaned512436.00/cwt436.00–436.002,23220
Steers500–550Medium and Large 1-2Unweaned513428.83/cwt420.00–431.002,20033
Steers500–550Medium and Large 2Unweaned520415.00/cwt415.00–415.002,1585
Steers500–550Medium and Large 1Unweaned524448.46/cwt430.00–462.502,350119
Steers500–550Medium and Large 1Full536413.93/cwt411.00–420.002,21933
Steers500–550Medium and Large 1-2542420.18/cwt405.00–433.002,27711
Steers550–600Medium and Large 1Unweaned562428.56/cwt398.00–441.002,409207
Steers550–600Medium 1Unweaned570355.00/cwt355.00–355.002,02410
Steers550–600Medium and Large 1-2Unweaned582381.63/cwt370.00–391.002,22128
Steers600–650Medium and Large 1Unweaned620404.20/cwt374.00–416.502,506455
Steers600–650Large 1Unweaned637345.00/cwt345.00–345.002,19813
Steers600–650Medium and Large 1-2Unweaned637344.43/cwt340.00–350.002,19410
Steers600–650Medium and Large 1Full645356.00/cwt356.00–356.002,29611
Steers650–700Medium and Large 1651363.00/cwt363.00–363.002,36333
Steers650–700Medium and Large 1Unweaned671357.85/cwt346.00–386.002,401116
Steers650–700Medium and Large 1Full674314.45/cwt307.50–332.502,11921
Steers650–700Medium and Large 1-2Unweaned676331.97/cwt331.00–332.502,24413
Steers650–700Large 1Unweaned680346.00/cwt346.00–346.002,3532
Steers700–750Medium and Large 1715350.00/cwt350.00–350.002,5034
Steers700–750Medium and Large 1-2Unweaned719329.37/cwt320.00–334.002,36813
Steers700–750Medium and Large 1Unweaned720351.47/cwt348.50–354.002,53192
Steers700–750Large 1Unweaned732332.00/cwt332.00–332.002,4303
Steers750–800Medium and Large 2Unweaned783312.00/cwt312.00–312.002,4433
Steers750–800Large 1Unweaned794310.00/cwt310.00–310.002,46115
Steers800–850Large 1Unweaned829304.00/cwt304.00–304.002,52012
Feeder Cattle · Heifers43 lots · lightest first
Heifers300–350Medium and Large 2Unweaned313465.00/cwt465.00–465.001,4553
Heifers300–350Medium and Large 1-2Unweaned319466.15/cwt460.00–470.001,48713
Heifers300–350Medium and Large 1Unweaned335526.14/cwt500.00–530.001,76339
Heifers300–350Medium and Large 1-2343472.55/cwt455.00–485.001,62118
Heifers350–400Medium and Large 1Unweaned358490.00/cwt490.00–490.001,7545
Heifers350–400Medium 1Unweaned362480.00/cwt480.00–480.001,7383
Heifers350–400Medium and Large 1-2Unweaned376454.83/cwt432.50–470.001,71020
Heifers350–400Medium and Large 1378487.50/cwt487.50–487.501,8432
Heifers400–450Medium and Large 1-2432413.28/cwt399.00–422.501,78518
Heifers400–450Medium and Large 1-2Unweaned433431.04/cwt420.00–442.501,86615
Heifers400–450Medium and Large 1Unweaned434443.22/cwt434.00–467.501,92419
Heifers400–450Medium and Large 1441435.74/cwt426.00–441.001,92261
Heifers450–500Medium and Large 1-2Unweaned455405.00/cwt405.00–405.001,8432
Heifers450–500Medium and Large 1462420.00/cwt420.00–420.001,94019
Heifers450–500Medium and Large 1Unweaned470426.14/cwt402.00–440.002,003250
Heifers450–500Medium and Large 1Full489379.58/cwt360.00–398.001,85621
Heifers450–500Medium and Large 1-2490374.00/cwt370.00–395.001,8336
Heifers500–550Medium and Large 1511389.09/cwt389.00–390.001,988134
Heifers500–550Medium and Large 1Unweaned517405.09/cwt377.50–445.502,094111
Heifers500–550Medium and Large 1Full522370.00/cwt370.00–370.001,93116
Heifers500–550Medium and Large 1-2524335.00/cwt335.00–335.001,7556
Heifers500–550Medium and Large 1-2Unweaned525363.12/cwt340.00–377.501,90639
Heifers500–550Medium and Large 1-2Replacement539400.00/cwt400.00–400.002,1567
Heifers550–600Medium and Large 1Replacement567373.00/cwt373.00–373.002,11558
Heifers550–600Medium and Large 1Unweaned572357.77/cwt335.00–367.002,046259
Heifers550–600Medium and Large 1-2Replacement580380.00/cwt380.00–380.002,2041
Heifers550–600Medium and Large 1-2Unweaned583324.54/cwt312.50–337.501,89222
Heifers550–600Medium and Large 1Full587327.22/cwt317.50–340.001,92155
Heifers600–650Medium and Large 1Unweaned618335.14/cwt332.00–340.002,07174
Heifers600–650Medium and Large 1Full636305.00/cwt305.00–305.001,94016
Heifers600–650Medium and Large 1-2Unweaned642321.45/cwt315.00–324.002,06414
Heifers650–700Medium and Large 1Unweaned666339.63/cwt336.00–342.002,26210
Heifers700–750Medium and Large 1Unweaned726330.42/cwt328.00–335.002,39914
Heifers700–750Medium 1730317.50/cwt317.50–317.502,3188
Heifers700–750Medium and Large 1748325.00/cwt325.00–325.002,43116
Heifers750–800Medium and Large 1777324.00/cwt324.00–324.002,5177
Heifers750–800Medium 1781317.50/cwt317.50–317.502,4806
Heifers750–800Medium 1Fleshy797297.50/cwt297.50–297.502,3718
Heifers800–850Medium and Large 1822326.87/cwt326.00–327.002,68757
Heifers900–950Medium and Large 1-2946265.00/cwt265.00–265.002,5074
Heifers950–1000Medium and Large 1954290.00/cwt290.00–290.002,76727
Heifers950–1000Medium and Large 1Fleshy990276.42/cwt267.00–280.502,73745
Heifers1050–1100Large 1Fleshy1,072255.00/cwt255.00–255.002,7346
Feeder Cattle · Bulls11 lots · lightest first
Bulls400–450Medium and Large 1-2Unweaned415460.00/cwt460.00–460.001,9092
Bulls400–450Medium and Large 1Unweaned425490.00/cwt490.00–490.002,0836
Bulls450–500Medium and Large 1Unweaned470442.00/cwt442.00–442.002,0777
Bulls500–550Medium 1Unweaned518380.00/cwt380.00–380.001,9686
Bulls500–550Medium and Large 1Unweaned530431.10/cwt420.00–432.502,2859
Bulls500–550Medium and Large 1-2Unweaned540375.00/cwt375.00–375.002,0259
Bulls550–600Medium and Large 1Unweaned557385.00/cwt385.00–385.002,1443
Bulls550–600Medium and Large 1-2Unweaned587350.00/cwt350.00–350.002,0553
Bulls600–650Medium and Large 1-2Unweaned644312.50/cwt312.50–312.502,01316
Bulls650–700Medium and Large 1-2Unweaned667280.00/cwt280.00–280.001,8689
Bulls700–750Medium 1Full703265.00/cwt265.00–265.001,8635

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.