Sale reports / Montana / Public Auction Yards / 2026-05-27

Public Auction Yards

Name: Public Auction Yards livestock auction prices — 2026-05-27
Creator: RaisedBeef
Published: 2026-05-27

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, May 27

● Final71 lots reportedUSDA AMS · slug 1774

← May 20May 27Jun 3 →

Feeder Cattle receipts

133 head

▲ 67 vs last sale 66▼ 153 vs year ago 286 · −53.5%

Slaughter Cattle receipts

579 head

▲ 231 vs last sale 348▼ 207 vs year ago 786 · −26.3%

Replacement Cattle receipts

201 head

▼ 1,652 vs last sale 1,853▼ 15 vs year ago 216 · −6.9%

Also sold hereRegular saleFri Oct 30, 2026

View

Reporter comment USDA

As filed

Compared to last week (5-20-26): Feeder cattle were scarcely traded last week and today. All offerings were too lightly tested to develop any market trend. Quality this week was mostly plain to average. Most offerings were in small packages or as singles, forcing buyers to piece together loads. Market activity was moderate with a small crowd on hand. Weigh up cows sold on mostly moderate to good demand. Demand was uneven at times with buyers in and out of the market throughout the day. Internet bidding was active early in the sale but slowed as buyers filled out loads. Feeding cows sold steady to 5.00 lower, with the bulk of sales 3.00-5.00 lower. Demand for a full load of fed cows was very good. No recent test was seen for fed cows so no comparisons can be made. Slaughter cows sold 2.00-5.00 lower on breaking cows. Boning and lean cows were too lightly tested to develop a full market trend, however steady to weak undertones were noticed. Slaughter bulls sold mostly 2.00-3.00 lower. Bull quality was average to attractive but not as attractive or as high yielding as last weeks offering. Demand for young cows suitable to feed or rebreed was lighter this week. Quality was mostly average. Young cows sold mostly 10.00-15.00 lower. Fewer takers were seen for this class of cattle this week.

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 $395.25/cwt on 10 head, down $29.75 from the prior sale (only 11 head in that comparison). That ranks 9 of 19 comparable sales and sits −0.20 against this barn's trailing median of $395.45.

Average price

$395.25

▼ 29.75 vs prior sale

10 head · 551 lb average

Value per head Derived

$2,179

Price × average weight ÷ 100

Grade differential Derived

$266

per head · Medium and Large 1 over Medium and Large 2

$10.36/cwt at this weight

vs the market

−12.42

vs MT average

−12.19 vs national

Price by quality 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	588	402.50	2,367	3thin
Medium and Large 2	536	392.14	2,101	7thin

One grade step is worth $10.36/cwt here — about $266 a head. Across this sale the premium is widest at 700–800 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 sale10 hd

395.25

—

MT average2 barns · 40 hd

407.67

−12.42

National average128 barns · 4,974 hd

407.44

−12.19

This barn, trailing median19 sales

395.45

−0.20

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

19 sales

Heifers 500–600 lb: high $464.07, low $347.53, median $395.45 across 19 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	1,881	222.44	4,185	132
Cows	Boner 80-85%	Low	1,396	182.29	2,544	190
Cows	Breaker 75-80%	Low	1,648	176.63	2,910	53
Cows	Premium White 65-75%	Average	1,767	176.00	3,110	31
Cows	Lean 85-90%	Very Low	1,159	166.38	1,929	88
Dairy Bulls	—	Low	1,795	191.00	3,428	2thin
Dairy Cows	Boner 80-85%	Average	1,490	155.00	2,310	1thin

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 Cows	3rd Stage (7-9 mo)	Young (2-4 yrs)	1,288	$3,789	11
Bred Cows	2nd Stage (4-6 mo)	Young (2-4 yrs)	1,205	$3,600	1thin
Bred Cows	3rd Stage (7-9 mo)	Middle Aged (5-8 yrs)	1,690	$3,550	1thin
Bred Cows	3rd Stage (7-9 mo)	Middle Aged/Aged (>5 yrs)	1,415	$3,450	1thin
Bred Cows	3rd Stage (7-9 mo)	Aged (>8 yrs)	1,350	$3,200	1thin
Bred Cows	2nd Stage (4-6 mo)	Middle Aged/Aged (>5 yrs)	1,540	$2,950	1thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Aged (>8 yrs)	1,640	$2,800	1thin
Bred Heifers	3rd Stage (7-9 mo)	Young (2-4 yrs)	1,233	$3,650	4thin
Cow-Calf Pairs	Open	Aged (>8 yrs)	1,520	$3,700	1thin

Every lot

71 lots · USDA AMS · Public Auction Yards Livestock Cattle Auction - Billings, MT (Wed)

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 · Steers4 lots · lightest first
Steers	500–550	Medium and Large 1-2	528	475.00/cwt	475.00–475.00	2,508	3
Steers	550–600	Medium and Large 1-2	578	425.04/cwt	415.00–455.00	2,457	4
Steers	650–700	Medium and Large 1	653	419.00/cwt	419.00–419.00	2,736	5
Steers	700–750	Medium and Large 2	720	360.00/cwt	360.00–360.00	2,592	4
Feeder Cattle · Heifers9 lots · lightest first
Heifers	450–500	Medium and Large 1Unweaned	485	470.00/cwt	470.00–470.00	2,280	3
Heifers	500–550	Medium and Large 2	519	405.00/cwt	405.00–405.00	2,102	4
Heifers	550–600	Medium and Large 2	558	375.00/cwt	375.00–375.00	2,093	3
Heifers	550–600	Medium and Large 1	588	402.50/cwt	402.50–402.50	2,367	3
Heifers	600–650	Medium and Large 1-2	625	379.93/cwt	370.00–385.00	2,375	8
Heifers	650–700	Medium and Large 1-2	662	369.03/cwt	360.00–372.50	2,443	5
Heifers	650–700	Medium and Large 1	675	380.00/cwt	380.00–380.00	2,565	4
Heifers	700–750	Medium and Large 1	735	365.00/cwt	365.00–365.00	2,683	5
Heifers	750–800	Medium and Large 1-2	782	329.50/cwt	327.50–330.00	2,577	5
Feeder Cattle · Bulls9 lots · lightest first
Bulls	700–750	Medium and Large 1-2	700	360.00/cwt	360.00–360.00	2,520	1
Bulls	700–750	Medium and Large 1	715	370.00/cwt	370.00–370.00	2,646	3
Bulls	800–850	Medium and Large 1-2	815	332.50/cwt	332.50–332.50	2,710	1
Bulls	900–950	Medium and Large 1-2	940	315.00/cwt	315.00–315.00	2,961	3
Bulls	950–1000	Medium and Large 1	988	327.50/cwt	327.50–327.50	3,236	2
Bulls	1000–1050	Medium and Large 1-2	1,045	275.00/cwt	275.00–275.00	2,874	3
Bulls	1100–1150	Large 1	1,115	270.00/cwt	270.00–270.00	3,011	1
Bulls	1150–1200	Large 1	1,155	262.50/cwt	262.50–262.50	3,032	1
Bulls	1250–1300	Large 1	1,256	246.00/cwt	246.00–246.00	3,090	4
Slaughter Cattle · Bulls7 lots · lightest first
Bulls	—	—Return to Feed	1,339	211.12/cwt	204.00–219.00	2,827	8
Bulls	—	—Return to Feed	1,668	219.67/cwt	215.00–223.00	3,664	39
Bulls	—	—	1,930	199.03/cwt	192.50–205.00	3,841	2
Bulls	—	—	1,948	222.06/cwt	216.00–224.00	4,326	42
Bulls	—	—	2,098	229.10/cwt	224.00–244.00	4,807	39
Bulls	—	—Heavy Weight	2,500	236.00/cwt	236.00–236.00	5,900	1
Bulls	—	—Heavy Weight	2,595	211.00/cwt	211.00–211.00	5,475	1
Slaughter Cattle · Cows21 lots · lightest first
Cows	—	Lean 85-90%Light Weight	822	130.85/cwt	125.00–140.00	1,076	3
Cows	—	Lean 85-90%Light Weight	910	158.53/cwt	151.00–165.00	1,443	3
Cows	—	Lean 85-90%Light Weight	920	95.87/cwt	85.00–105.00	882	2
Cows	—	Lean 85-90%	1,024	123.30/cwt	120.00–125.00	1,263	3
Cows	—	Lean 85-90%	1,044	160.60/cwt	152.50–167.50	1,677	4
Cows	—	Lean 85-90%Return to Feed	1,157	163.76/cwt	155.00–171.00	1,895	19
Cows	—	Lean 85-90%	1,173	138.77/cwt	130.00–145.00	1,628	11
Cows	—	Lean 85-90%Return to Feed	1,205	183.75/cwt	172.50–188.00	2,214	36
Cows	—	Lean 85-90%Return to Feed	1,352	188.11/cwt	187.00–191.00	2,543	7
Cows	—	Boner 80-85%Return to Feed	1,380	170.60/cwt	164.00–178.00	2,354	33
Cows	—	Boner 80-85%Return to Feed	1,382	183.99/cwt	174.00–189.00	2,543	92
Cows	—	Boner 80-85%Return to Feed	1,409	192.62/cwt	189.00–200.50	2,714	48
Cows	—	Boner 80-85%	1,461	165.61/cwt	153.00–169.00	2,420	15
Cows	—	Boner 80-85%	1,480	174.44/cwt	170.00–179.00	2,582	2
Cows	—	Breaker 75-80%Return to Feed	1,555	194.70/cwt	191.00–203.00	3,028	13
Cows	—	Breaker 75-80%	1,588	180.00/cwt	180.00–180.00	2,858	2
Cows	—	Breaker 75-80%Return to Feed	1,600	184.14/cwt	182.00–187.00	2,946	6
Cows	—	Breaker 75-80%	1,627	172.51/cwt	169.50–178.00	2,807	10
Cows	—	Breaker 75-80%Return to Feed	1,704	167.67/cwt	166.00–170.00	2,857	7
Cows	—	Breaker 75-80%	1,743	164.43/cwt	161.00–167.00	2,866	15
Cows	—	Premium White 65-75%	1,767	176.00/cwt	176.00–176.00	3,110	31
Slaughter Cattle · Dairy Cows1 lot · lightest first
Dairy Cows	—	Boner 80-85%	1,490	155.00/cwt	155.00–155.00	2,310	1
Slaughter Cattle · Dairy Bulls1 lot · lightest first
Dairy Bulls	—	—	1,795	191.00/cwt	191.00–191.00	3,428	2
Replacement Cattle · Bred Cows8 lots · lightest first
Bred Cows	—	Medium and Large 1	1,205	3,600.00/head	3,600.00–3,600.00	3,600	1
Bred Cows	—	Medium and Large 1	1,259	3,852.18/head	3,800.00–3,900.00	3,852	7
Bred Cows	—	Medium and Large 1-2	1,338	3,678.74/head	3,500.00–3,750.00	3,679	4
Bred Cows	—	Medium and Large 1Broken Mouth	1,350	3,200.00/head	3,200.00–3,200.00	3,200	1
Bred Cows	—	Medium and Large 1	1,415	3,450.00/head	3,450.00–3,450.00	3,450	1
Bred Cows	—	Medium and Large 1	1,540	2,950.00/head	2,950.00–2,950.00	2,950	1
Bred Cows	—	Medium and Large 1Broken Mouth	1,640	2,800.00/head	2,800.00–2,800.00	2,800	1
Bred Cows	—	Medium and Large 1	1,690	3,550.00/head	3,550.00–3,550.00	3,550	1
Replacement Cattle · Stock Cows9 lots · lightest first
Stock Cows	—	Medium 1	818	311.54/cwt	300.00–325.00	2,548	2
Stock Cows	—	Medium 1-2	848	250.00/cwt	250.00–250.00	2,120	2
Stock Cows	—	Medium and Large 2	993	209.80/cwt	197.50–220.00	2,083	2
Stock Cows	—	Medium and Large 1-2	1,046	234.59/cwt	190.00–285.00	2,454	25
Stock Cows	—	Medium and Large 1	1,095	261.86/cwt	201.00–331.00	2,867	18
Stock Cows	—	Medium and Large 1-2	1,097	247.54/cwt	231.00–295.00	2,716	5
Stock Cows	—	Medium and Large 1	1,226	215.91/cwt	190.00–275.00	2,647	60
Stock Cows	—	Medium and Large 1	1,281	195.81/cwt	193.00–202.00	2,508	19
Stock Cows	—	Medium and Large 1	1,353	188.00/cwt	188.00–188.00	2,544	2
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs	—	Medium and Large 1Broken Mouth	1,520	3,700.00/head	3,700.00–3,700.00	3,700	1
Replacement Cattle · Bred Heifers1 lot · lightest first
Bred Heifers	—	Medium and Large 1	1,233	3,650.00/head	3,650.00–3,650.00	3,650	4

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 →

Public Auction Yards Livestock Cattle Auction - Billings, MT (Wed)

Wed May 27, 2026

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

Feeder CattleReceipts 133Last week 66Year ago 286

Slaughter CattleReceipts 579Last week 348Year ago 786

Replacement CattleReceipts 201Last week 1,853Year ago 216

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
3	700–750	715	370.00	370.00
2	950–1000	988	327.50	327.50

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1-2$ per cwt · actual wt
1	700–750	700	360.00	360.00
1	800–850	815	332.50	332.50
3	900–950	940	315.00	315.00
3	1000–1050	1,045	275.00	275.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Large 1$ per cwt · actual wt
1	1100–1150	1,115	270.00	270.00
1	1150–1200	1,155	262.50	262.50
4	1250–1300	1,256	246.00	246.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
4	700–750	720	360.00	360.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
5	650–700	653	419.00	419.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
3	500–550	528	475.00	475.00
4	550–600	578	415.00–455.00	425.04

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
4	500–550	519	405.00	405.00
3	550–600	558	375.00	375.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
3	550–600	588	402.50	402.50
4	650–700	675	380.00	380.00
5	700–750	735	365.00	365.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2$ per cwt · actual wt
8	600–650	625	370.00–385.00	379.93
5	650–700	662	360.00–372.50	369.03
5	750–800	782	327.50–330.00	329.50

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
3	450–500	485	470.00	470.00

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1$ per head · actual wt
Middle Aged (5-8 yrs)	3rd Stage (7-9 mo)	1	—	1,690	3,550.00	3,550.00
Middle Aged/Aged (>5 yrs)	3rd Stage (7-9 mo)	1	—	1,415	3,450.00	3,450.00
Young (2-4 yrs)	3rd Stage (7-9 mo)	7	—	1,259	3,800.00–3,900.00	3,852.18
Young (2-4 yrs)	2nd Stage (4-6 mo)	1	—	1,205	3,600.00	3,600.00
Middle Aged/Aged (>5 yrs)	2nd Stage (4-6 mo)	1	—	1,540	2,950.00	2,950.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1 · Broken Mouth$ per head · actual wt
Aged (>8 yrs)	2nd/3rd Stage (4-9 mo)	1	—	1,640	2,800.00	2,800.00
Aged (>8 yrs)	3rd Stage (7-9 mo)	1	—	1,350	3,200.00	3,200.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1-2$ per head · actual wt
Young (2-4 yrs)	3rd Stage (7-9 mo)	4	—	1,338	3,500.00–3,750.00	3,678.74

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	25	—	1,046	190.00–285.00	234.59
(<2 yrs)	Open	5	—	1,097	231.00–295.00	247.54

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Stock Cows — Medium and Large 1$ per cwt · actual wt
Young (2-4 yrs)	Open	60	—	1,226	190.00–275.00	215.91
Middle Aged (5-8 yrs)	Open	2	—	1,353	188.00	188.00
Young/Middle Aged (2-8 yrs)	Open	19	—	1,281	193.00–202.00	195.81
(<2 yrs)	Open	18	—	1,095	201.00–331.00	261.86

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Stock Cows — Medium and Large 2$ per cwt · actual wt
Young (2-4 yrs)	Open	2	—	993	197.50–220.00	209.80

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Stock Cows — Medium 1-2$ per cwt · actual wt
(<2 yrs)	Open	2	—	848	250.00	250.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Stock Cows — Medium 1$ per cwt · actual wt
(<2 yrs)	Open	2	—	818	300.00–325.00	311.54

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 1 · Broken Mouth$ per head · actual wt
Aged (>8 yrs)	Open	1	—	1,520	3,700.00	3,700.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Heifers — Medium and Large 1$ per head · actual wt
Young (2-4 yrs)	3rd Stage (7-9 mo)	4	—	1,233	3,650.00	3,650.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80%$ per cwt · actual wt
15	—	1,743	161.00–167.00	164.43
2	—	1,588	180.00	180.00
10	—	1,627	169.50–178.00	172.51

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85% · Return to Feed$ per cwt · actual wt
33	—	1,380	164.00–178.00	170.60
48	—	1,409	189.00–200.50	192.62
92	—	1,382	174.00–189.00	183.99

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90% · Light Weight$ per cwt · actual wt
2	—	920	85.00–105.00	95.87
3	—	822	125.00–140.00	130.85
3	—	910	151.00–165.00	158.53

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
4	—	1,044	152.50–167.50	160.60
3	—	1,024	120.00–125.00	123.30
11	—	1,173	130.00–145.00	138.77

Head	Wt range	Avg wt	Price range	Avg price
Cows — Premium White 65-75%$ per cwt · actual wt
31	—	1,767	176.00	176.00

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80% · Return to Feed$ per cwt · actual wt
7	—	1,704	166.00–170.00	167.67
6	—	1,600	182.00–187.00	184.14
13	—	1,555	191.00–203.00	194.70

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90% · Return to Feed$ per cwt · actual wt
36	—	1,205	172.50–188.00	183.75
7	—	1,352	187.00–191.00	188.11
19	—	1,157	155.00–171.00	163.76

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
15	—	1,461	153.00–169.00	165.61
2	—	1,480	170.00–179.00	174.44

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
2	—	1,930	192.50–205.00	199.03
42	—	1,948	216.00–224.00	222.06
39	—	2,098	224.00–244.00	229.10

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Heavy Weight$ per cwt · actual wt
1	—	2,595	211.00	211.00
1	—	2,500	236.00	236.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Return to Feed$ per cwt · actual wt
39	—	1,668	215.00–223.00	219.67
8	—	1,339	204.00–219.00	211.12

Head	Wt range	Avg wt	Price range	Avg price
Dairy Cows — Boner 80-85%$ per cwt · actual wt
1	—	1,490	155.00	155.00

Head	Wt range	Avg wt	Price range	Avg price
Dairy Bulls$ per cwt · actual wt
2	—	1,795	191.00	191.00

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.