Sale reports / Montana / Public Auction Yards / 2026-01-07

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Jan 7
● Final76 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
343 head
▲ 188 vs last sale 155▼ 20 vs year ago 363 · −5.5%
Slaughter Cattle receipts
1,088 head
▲ 374 vs last sale 714▲ 519 vs year ago 569 · +91.2%
Replacement Cattle receipts
318 head
▲ 33 vs last sale 285▲ 116 vs year ago 202 · +57.4%
View

Reporter comment USDA

As filed

Compared to last week (12-03-25): The last Wednesday sale was over a month ago making market comparisons difficult. Feeder cattle were too lightly tested to develop an accurate market trend, however higher undertones were noticed on all offerings. Demand for feeder cattle was good to very good for light offerings. Most feeders were offered in small groups or as singles. Quality was mostly plain, with a small selection of attractive quality cattle noted. A small crowd was on hand for todays sale. Market activity was mostly active despite a small buyer pool. Weigh up cows comprised most of the sale. With the last sale being over a month ago comparisons for cows are difficult, however higher undertones were noticed on all classes of feeding offerings. Slaughter cows were too lightly tested last sale to develop any market trend. Slaughter bulls sold with higher undertones in a narrow comparison. Quality was mostly average to very attractive today with many high quality cows selling off reputation ranches. Packers and private feeders both showed good to very good demand for all offerings to feed. Young age cows suitable to feed or rebreed were too lightly tested last sale to develop any market trend. Demand for young offerings was mostly moderate. Quality was average to attractive.

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $405.80/cwt on 31 head. That ranks 12 of 19 comparable sales and sits +10.35 against this barn's trailing median of $395.45.
Average price
$405.80
31 head · 544 lb average
Value per head Derived
$2,209
Price × average weight ÷ 100
Grade differential Derived
$305
per head · Medium and Large 1 over Medium and Large 2
$43.12/cwt at this weight
vs the market
−9.57
vs MT average
−4.30 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1554418.122,31819thin
Medium and Large 1-2522394.392,0597thin
Medium and Large 2537375.002,0145thin
One grade step is worth $43.12/cwt here — about $305 a head. Across this sale the premium is widest at 400–500 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 sale31 hd
405.80
—
MT average2 barns · 101 hd
415.37
−9.57
National average199 barns · 28,725 hd
410.10
−4.30
This barn, trailing median19 sales
395.45
+10.35
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
478430382334median 395.4503/1104/1506/0309/0210/21
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 · $/cwt
Cull cows and bulls are graded, not weight-classed — grade is what moves the money here.
ClassGradeDressingAvg wt$/cwt$/headHead
Bulls—Low1,800169.603,05379
CowsPremium White 65-75%Average1,744168.002,93018
CowsBreaker 75-80%High1,663163.982,72880
CowsBoner 80-85%Average1,357160.592,179486
CowsLean 85-90%Average1,157138.951,608249

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 Cows2nd/3rd Stage (4-9 mo)Young (2-4 yrs)1,216$3,4985
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)1,173$3,1003thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged/Aged (>5 yrs)1,525$2,5407
Bred Cows2nd/3rd Stage (4-9 mo)Aged (>8 yrs)1,442$2,39120

Every lot

76 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.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers11 lots · lightest first
Steers300–350Medium and Large 1-2345570.00/cwt570.00–570.001,9675
Steers350–400Medium and Large 1375680.00/cwt680.00–680.002,5501
Steers400–450Medium and Large 1423607.20/cwt580.00–610.002,56811
Steers450–500Medium and Large 1467530.00/cwt530.00–530.002,4755
Steers500–550Medium and Large 1526508.27/cwt470.00–525.002,67416
Steers500–550Medium and Large 1-2546450.00/cwt450.00–450.002,4574
Steers550–600Medium and Large 1565471.32/cwt465.00–485.002,66311
Steers600–650Medium and Large 1625436.00/cwt436.00–436.002,7259
Steers600–650Medium and Large 1-2626417.58/cwt415.00–420.002,6148
Steers700–750Large 1722361.00/cwt361.00–361.002,6065
Steers700–750Medium and Large 1-2730375.00/cwt375.00–375.002,7383
Feeder Cattle · Heifers15 lots · lightest first
Heifers250–300Medium and Large 1260667.50/cwt667.50–667.501,7361
Heifers300–350Medium and Large 1-2323490.00/cwt490.00–490.001,5833
Heifers350–400Medium and Large 1-2394470.00/cwt470.00–470.001,85218
Heifers400–450Medium and Large 1435500.00/cwt500.00–500.002,1752
Heifers400–450Medium and Large 1-2443450.00/cwt450.00–450.001,9942
Heifers450–500Medium and Large 1456470.00/cwt470.00–470.002,1434
Heifers450–500Medium and Large 1-2467423.27/cwt420.00–430.001,9779
Heifers500–550Medium and Large 1-2522394.39/cwt380.00–420.002,0597
Heifers500–550Medium and Large 1533425.11/cwt422.50–430.002,26611
Heifers500–550Medium and Large 2537375.00/cwt375.00–375.002,0145
Heifers550–600Medium and Large 1584408.50/cwt397.00–422.502,3868
Heifers600–650Medium and Large 1-2613330.00/cwt330.00–330.002,0232
Heifers600–650Medium and Large 1629384.00/cwt384.00–384.002,4159
Heifers600–650Medium and Large 2646339.00/cwt339.00–339.002,19015
Heifers650–700Medium and Large 1655374.00/cwt374.00–374.002,45013
Feeder Cattle · Bulls9 lots · lightest first
Bulls500–550Medium and Large 1525445.00/cwt445.00–445.002,3365
Bulls500–550Medium and Large 2538340.00/cwt340.00–340.001,8297
Bulls550–600Medium and Large 1580405.00/cwt405.00–405.002,3493
Bulls600–650Medium and Large 1620380.00/cwt380.00–380.002,3566
Bulls650–700Medium and Large 1674372.97/cwt370.00–375.002,5145
Bulls800–850Large 1848310.00/cwt310.00–310.002,6292
Bulls950–1000Medium and Large 1955302.50/cwt302.50–302.502,8891
Bulls1100–1150Large 11,140250.00/cwt250.00–250.002,8507
Bulls1350–1400Large 11,395200.00/cwt200.00–200.002,7902
Slaughter Cattle · Bulls6 lots · lightest first
Bulls——Light Weight1,245125.00/cwt125.00–125.001,5561
Bulls——Return to Feed1,641165.07/cwt150.00–172.002,70926
Bulls——Return to Feed1,715179.07/cwt174.00–182.003,0718
Bulls——1,732159.37/cwt137.50–173.002,76021
Bulls——2,081180.67/cwt175.00–184.003,76017
Bulls——2,137188.46/cwt184.00–196.004,0276
Slaughter Cattle · Cows23 lots · lightest first
Cows—Lean 85-90%Light Weight89898.25/cwt95.00–105.008823
Cows—Lean 85-90%Light Weight92583.88/cwt65.00–90.007765
Cows—Lean 85-90%Light Weight978125.27/cwt118.00–132.501,2252
Cows—Lean 85-90%1,126128.50/cwt124.00–139.001,44721
Cows—Lean 85-90%1,134116.19/cwt100.00–122.501,31872
Cows—Lean 85-90%Return to Feed1,150141.48/cwt124.00–152.501,62731
Cows—Lean 85-90%1,160142.50/cwt142.50–142.501,6531
Cows—Lean 85-90%1,16289.42/cwt85.00–92.501,0394
Cows—Lean 85-90%Return to Feed1,164167.77/cwt165.00–170.001,9535
Cows—Lean 85-90%Return to Feed1,203160.43/cwt153.00–164.501,930105
Cows—Boner 80-85%Return to Feed1,340174.21/cwt171.00–177.002,334121
Cows—Boner 80-85%Return to Feed1,352162.36/cwt153.00–170.002,195296
Cows—Boner 80-85%1,388117.65/cwt107.50–125.001,63331
Cows—Boner 80-85%Return to Feed1,399144.51/cwt128.00–152.502,02218
Cows—Boner 80-85%1,434131.24/cwt125.00–138.001,88219
Cows—Breaker 75-80%1,568138.37/cwt130.00–154.002,1706
Cows—Breaker 75-80%Return to Feed1,573143.00/cwt143.00–143.002,2494
Cows—Boner 80-85%1,605168.00/cwt168.00–168.002,6961
Cows—Breaker 75-80%Return to Feed1,606168.01/cwt160.00–173.002,69840
Cows—Breaker 75-80%Return to Feed1,661173.85/cwt173.50–175.002,8884
Cows—Premium White 65-75%1,744168.00/cwt168.00–168.002,93018
Cows—Breaker 75-80%1,757170.75/cwt169.00–171.503,0006
Cows—Breaker 75-80%1,797163.80/cwt160.00–168.002,94320
Replacement Cattle · Bred Cows6 lots · lightest first
Bred Cows—Medium and Large 11,1733,100.00/head3,100.00–3,100.003,1003
Bred Cows—Medium and Large 11,2163,498.44/head3,400.00–3,600.003,4985
Bred Cows—Medium and Large 1-2Broken Mouth1,4132,350.00/head2,350.00–2,350.002,3508
Bred Cows—Medium and Large 1Broken Mouth1,4612,417.63/head2,400.00–2,450.002,41812
Bred Cows—Medium and Large 11,5172,650.00/head2,650.00–2,650.002,6503
Bred Cows—Medium and Large 1-21,5312,457.12/head2,400.00–2,475.002,4574
Replacement Cattle · Stock Cows6 lots · lightest first
Stock Cows—Medium 1750259.89/cwt240.00–285.001,9494
Stock Cows—Large 1965190.00/cwt190.00–190.001,8341
Stock Cows—Medium and Large 1-2975223.37/cwt170.00–285.002,17834
Stock Cows—Medium and Large 11,017266.98/cwt189.00–316.002,715171
Stock Cows—Medium and Large 11,218183.35/cwt175.00–187.002,23310
Stock Cows—Medium and Large 1Fleshy1,306190.01/cwt176.00–196.002,48222

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.