Sale reports / Montana / Public Auction Yards / 2026-02-25

Public Auction Yards

Name: Public Auction Yards livestock auction prices — 2026-02-25
Creator: RaisedBeef
Published: 2026-02-25

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Feb 25

● Final70 lots reportedUSDA AMS · slug 1774

← Feb 18Feb 25Mar 4 →

Feeder Cattle receipts

160 head

▼ 649 vs last sale 809▼ 91 vs year ago 251 · −36.3%

Slaughter Cattle receipts

298 head

▲ 116 vs last sale 182▼ 254 vs year ago 552 · −46.0%

Replacement Cattle receipts

152 head

▲ 7 vs last sale 145▼ 79 vs year ago 231 · −34.2%

Also sold hereRegular saleFri Oct 30, 2026

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Reporter comment USDA

As filed

Compared to last week (2-18-26): Feeder cattle were too lightly tested to develop any market trend. Demand for light offerings was good to very good. Cattle were mostly offered in small groups or as singles this week forcing buyers to piece together loads. Quality this week was mostly average and not as attractive as last weeks offering. Many blemished or odd cattle continue to be marketed and demand for these offerings was mostly good. Cattle with short ears of tails are selling with only slight discounts to non-blemished cattle as buyers search for cattle with value that will still feed. Internet bidding was very active this week with several buyers online actively buying feeding cattle. Market activity was mostly active this sale. Weigh up cows sold on good to very good demand for light to moderate offerings. Feeding cows sold on mostly good to very good demand again this week. Packer buyers were not as aggressive at bidding on feeding cows this week, opting to pass and let private feeders buy. Feeding cows sold steady to weak on a slightly lower quality offering. Several consignments of cows had been on feed and were purchased to return to feed this week. Demand for slaughter cows was good to very good. Breaking cows sold steady to 2.00 higher, boning and lean cows sold 2.00-5.00 higher in a very narrow comparison. Most cows purchased for slaughter were too blemished to feed. Slaughter bulls sold mostly steady on very good demand. Packers and feeding bull buyers both showed good demand for bulls again this week. Young age cows suitable to feed or rebreed sold on good to very good demand. Quality this week was average to attractive. Several cows which recently lost calves sold this sale and demand for these offerings was good to very good. Young age offerings sold mostly 5.00-10.00 higher in a narrow comparison.

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 $453.75/cwt on 14 head. That ranks 19 of 19 comparable sales and sits +58.30 against this barn's trailing median of $395.45.

Average price

$453.75

14 head · 540 lb average

Value per head Derived

$2,450

Price × average weight ÷ 100

Grade differential Derived

—

single grade reported

vs the market

−7.90

vs MT average

+23.34 vs national

Price by quality 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	540	453.75	2,450	14thin

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 sale14 hd

453.75

—

MT average3 barns · 135 hd

461.65

−7.90

National average177 barns · 14,680 hd

430.41

+23.34

This barn, trailing median19 sales

395.45

+58.30

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	—	Average	1,953	196.15	3,830	33
Cows	Breaker 75-80%	Low	1,582	174.24	2,757	34
Cows	Boner 80-85%	Low	1,396	171.12	2,389	161
Cows	Lean 85-90%	Average	1,151	154.47	1,778	64
Dairy Cows	Lean 85-90%	Low	725	115.00	834	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)	1,363	$3,800	2thin
Bred Cows	2nd Stage (4-6 mo)	Young (2-4 yrs)	1,315	$3,400	1thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Middle Aged/Aged (>5 yrs)	1,545	$3,050	1thin
Bred Cows	2nd Stage (4-6 mo)	Middle Aged/Aged (>5 yrs)	1,427	$2,785	13

Every lot

70 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 · Steers12 lots · lightest first
Steers	350–400	Medium and Large 1-2	373	575.00/cwt	575.00–575.00	2,145	2
Steers	400–450	Medium and Large 1	400	600.00/cwt	600.00–600.00	2,400	1
Steers	400–450	Medium and Large 1-2	415	560.00/cwt	560.00–560.00	2,324	2
Steers	450–500	Medium and Large 1-2	465	530.00/cwt	530.00–530.00	2,465	2
Steers	450–500	Large 1	475	541.87/cwt	527.50–557.50	2,574	2
Steers	500–550	Medium and Large 1	528	527.36/cwt	520.00–542.50	2,784	6
Steers	550–600	Medium and Large 1	565	512.50/cwt	512.50–512.50	2,896	1
Steers	550–600	Medium 1	598	442.50/cwt	442.50–442.50	2,646	11
Steers	600–650	Medium and Large 1	630	452.50/cwt	452.50–452.50	2,851	1
Steers	650–700	Medium and Large 1	663	435.00/cwt	435.00–435.00	2,884	6
Steers	700–750	Medium and Large 1-2	743	380.00/cwt	380.00–380.00	2,823	2
Steers	800–850	Medium and Large 2	805	340.00/cwt	340.00–340.00	2,737	1
Feeder Cattle · Heifers10 lots · lightest first
Heifers	400–450	Medium and Large 1-2	414	531.93/cwt	510.00–540.00	2,202	4
Heifers	450–500	Large 1	461	505.00/cwt	505.00–505.00	2,328	4
Heifers	450–500	Medium and Large 1-2	481	500.00/cwt	500.00–500.00	2,405	6
Heifers	500–550	Medium and Large 1	504	477.50/cwt	477.50–477.50	2,407	7
Heifers	550–600	Medium and Large 1	576	430.00/cwt	430.00–430.00	2,477	7
Heifers	600–650	Medium and Large 1	610	415.00/cwt	415.00–415.00	2,532	3
Heifers	650–700	Medium and Large 1	658	381.68/cwt	365.00–387.50	2,511	4
Heifers	700–750	Medium and Large 1-2	705	353.00/cwt	353.00–353.00	2,489	1
Heifers	700–750	Medium and Large 1	725	358.00/cwt	358.00–358.00	2,596	8
Heifers	800–850	Medium and Large 1-2	840	310.00/cwt	310.00–310.00	2,604	1
Feeder Cattle · Bulls6 lots · lightest first
Bulls	550–600	Medium and Large 1	570	430.00/cwt	430.00–430.00	2,451	1
Bulls	650–700	Medium and Large 1	695	385.00/cwt	385.00–385.00	2,676	3
Bulls	700–750	Medium and Large 1	715	375.00/cwt	375.00–375.00	2,681	1
Bulls	750–800	Medium and Large 1-2	798	345.00/cwt	345.00–345.00	2,753	2
Bulls	800–850	Medium and Large 1	837	350.00/cwt	350.00–350.00	2,930	3
Bulls	850–900	Medium and Large 1-2	895	315.00/cwt	315.00–315.00	2,819	1
Slaughter Cattle · Bulls9 lots · lightest first
Bulls	—	—Return to Feed	1,563	179.28/cwt	170.00–186.50	2,802	3
Bulls	—	—Return to Feed	1,566	192.48/cwt	188.00–197.50	3,014	6
Bulls	—	—	1,878	175.68/cwt	173.00–178.00	3,299	2
Bulls	—	—	1,948	200.38/cwt	198.00–206.00	3,903	4
Bulls	—	—	2,066	197.62/cwt	190.00–205.00	4,083	10
Bulls	—	—	2,098	211.40/cwt	209.00–218.00	4,435	5
Bulls	—	—	2,490	186.00/cwt	186.00–186.00	4,631	1
Bulls	—	—Heavy Weight	2,540	202.00/cwt	202.00–202.00	5,131	1
Bulls	—	—Heavy Weight	2,620	206.00/cwt	206.00–206.00	5,397	1
Slaughter Cattle · Cows20 lots · lightest first
Cows	—	Lean 85-90%Light Weight	805	125.00/cwt	125.00–125.00	1,006	1
Cows	—	Lean 85-90%Light Weight	900	130.00/cwt	130.00–130.00	1,170	1
Cows	—	Lean 85-90%Light Weight	935	85.00/cwt	85.00–85.00	795	1
Cows	—	Lean 85-90%Return to Feed	1,107	151.83/cwt	142.50–163.00	1,681	15
Cows	—	Lean 85-90%	1,150	132.07/cwt	130.00–136.00	1,519	11
Cows	—	Lean 85-90%	1,151	143.88/cwt	139.00–147.50	1,656	6
Cows	—	Lean 85-90%	1,158	111.25/cwt	110.00–112.50	1,288	2
Cows	—	Lean 85-90%Return to Feed	1,201	173.07/cwt	165.00–177.00	2,079	18
Cows	—	Lean 85-90%Return to Feed	1,215	179.44/cwt	179.00–179.50	2,180	9
Cows	—	Boner 80-85%Return to Feed	1,369	180.24/cwt	180.00–182.00	2,467	50
Cows	—	Boner 80-85%	1,376	146.53/cwt	142.00–159.00	2,016	12
Cows	—	Breaker 75-80%Return to Feed	1,382	180.50/cwt	180.50–180.50	2,495	10
Cows	—	Boner 80-85%	1,389	129.98/cwt	120.00–139.00	1,805	4
Cows	—	Boner 80-85%Return to Feed	1,397	173.42/cwt	164.50–180.00	2,423	78
Cows	—	Boner 80-85%Return to Feed	1,459	159.32/cwt	145.00–164.00	2,324	15
Cows	—	Breaker 75-80%	1,575	163.00/cwt	163.00–163.00	2,567	1
Cows	—	Breaker 75-80%Return to Feed	1,633	173.50/cwt	170.00–176.50	2,833	4
Cows	—	Breaker 75-80%Return to Feed	1,670	156.00/cwt	156.00–156.00	2,605	1
Cows	—	Breaker 75-80%	1,678	172.56/cwt	167.00–178.50	2,896	18
Cows	—	Boner 80-85%	1,713	172.00/cwt	171.00–173.00	2,946	2
Slaughter Cattle · Dairy Cows1 lot · lightest first
Dairy Cows	—	Lean 85-90%Light Weight	725	115.00/cwt	115.00–115.00	834	1
Replacement Cattle · Stock Cows7 lots · lightest first
Stock Cows	—	Medium 1	820	275.00/cwt	275.00–275.00	2,255	1
Stock Cows	—	Medium 1-2	911	223.44/cwt	205.00–240.00	2,036	4
Stock Cows	—	Medium and Large 1-2	925	282.24/cwt	255.00–290.00	2,611	4
Stock Cows	—	Medium and Large 1	927	306.73/cwt	235.00–340.00	2,843	31
Stock Cows	—	Medium and Large 1	1,000	288.37/cwt	200.00–320.00	2,884	61
Stock Cows	—	Medium and Large 1-2	1,107	211.61/cwt	180.00–270.00	2,343	12
Stock Cows	—	Medium and Large 1	1,223	183.29/cwt	174.00–187.00	2,242	6
Replacement Cattle · Bred Cows5 lots · lightest first
Bred Cows	—	Medium and Large 1	1,315	3,400.00/head	3,400.00–3,400.00	3,400	1
Bred Cows	—	Medium and Large 1	1,363	3,800.00/head	3,800.00–3,800.00	3,800	2
Bred Cows	—	Medium and Large 1-2	1,394	2,700.00/head	2,700.00–2,700.00	2,700	11
Bred Cows	—	Medium and Large 1-2	1,545	3,050.00/head	3,050.00–3,050.00	3,050	1
Bred Cows	—	Medium and Large 1	1,610	3,250.00/head	3,250.00–3,250.00	3,250	2

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 Feb 25, 2026

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

Feeder CattleReceipts 160Last week 809Year ago 251

Slaughter CattleReceipts 298Last week 182Year ago 552

Replacement CattleReceipts 152Last week 145Year ago 231

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
1	400–450	400	600.00	600.00
6	500–550	528	520.00–542.50	527.36
1	550–600	565	512.50	512.50
1	600–650	630	452.50	452.50
6	650–700	663	435.00	435.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
1	800–850	805	340.00	340.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
2	350–400	373	575.00	575.00
2	400–450	415	560.00	560.00
2	450–500	465	530.00	530.00
2	700–750	743	380.00	380.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Large 1$ per cwt · actual wt
2	450–500	475	527.50–557.50	541.87

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium 1$ per cwt · actual wt
11	550–600	598	442.50	442.50

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Large 1$ per cwt · actual wt
4	450–500	461	505.00	505.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2$ per cwt · actual wt
4	400–450	414	510.00–540.00	531.93
6	450–500	481	500.00	500.00
1	700–750	705	353.00	353.00
1	800–850	840	310.00	310.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
7	500–550	504	477.50	477.50
7	550–600	576	430.00	430.00
3	600–650	610	415.00	415.00
4	650–700	658	365.00–387.50	381.68
8	700–750	725	358.00	358.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1-2$ per cwt · actual wt
2	750–800	798	345.00	345.00
1	850–900	895	315.00	315.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
1	550–600	570	430.00	430.00
3	650–700	695	385.00	385.00
1	700–750	715	375.00	375.00
3	800–850	837	350.00	350.00

Replacement Cattle

As reported

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	4	—	911	205.00–240.00	223.44

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Stock Cows — Medium 1$ per cwt · actual wt
(<2 yrs)	Open	1	—	820	275.00	275.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Stock Cows — Medium and Large 1-2$ per cwt · actual wt
(<2 yrs)	Open	4	—	925	255.00–290.00	282.24
Young (2-4 yrs)	Open	12	—	1,107	180.00–270.00	211.61

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Stock Cows — Medium and Large 1$ per cwt · actual wt
(<2 yrs)	Open	31	—	927	235.00–340.00	306.73
Young/Middle Aged (2-8 yrs)	Open	6	—	1,223	174.00–187.00	183.29
Young (2-4 yrs)	Open	61	—	1,000	200.00–320.00	288.37

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1$ per head · actual wt
Middle Aged/Aged (>5 yrs)	2nd Stage (4-6 mo)	2	—	1,610	3,250.00	3,250.00
Young (2-4 yrs)	3rd Stage (7-9 mo)	2	—	1,363	3,800.00	3,800.00
Young (2-4 yrs)	2nd Stage (4-6 mo)	1	—	1,315	3,400.00	3,400.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1-2$ per head · actual wt
Middle Aged/Aged (>5 yrs)	2nd Stage (4-6 mo)	11	—	1,394	2,700.00	2,700.00
Middle Aged/Aged (>5 yrs)	2nd/3rd Stage (4-9 mo)	1	—	1,545	3,050.00	3,050.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85% · Return to Feed$ per cwt · actual wt
15	—	1,459	145.00–164.00	159.32
78	—	1,397	164.50–180.00	173.42
50	—	1,369	180.00–182.00	180.24

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90% · Return to Feed$ per cwt · actual wt
18	—	1,201	165.00–177.00	173.07
15	—	1,107	142.50–163.00	151.83
9	—	1,215	179.00–179.50	179.44

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80% · Return to Feed$ per cwt · actual wt
1	—	1,670	156.00	156.00
10	—	1,382	180.50	180.50
4	—	1,633	170.00–176.50	173.50

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80%$ per cwt · actual wt
1	—	1,575	163.00	163.00
18	—	1,678	167.00–178.50	172.56

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
12	—	1,376	142.00–159.00	146.53
4	—	1,389	120.00–139.00	129.98
2	—	1,713	171.00–173.00	172.00

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
6	—	1,151	139.00–147.50	143.88
2	—	1,158	110.00–112.50	111.25
11	—	1,150	130.00–136.00	132.07

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90% · Light Weight$ per cwt · actual wt
1	—	900	130.00	130.00
1	—	935	85.00	85.00
1	—	805	125.00	125.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
4	—	1,948	198.00–206.00	200.38
1	—	2,490	186.00	186.00
10	—	2,066	190.00–205.00	197.62
5	—	2,098	209.00–218.00	211.40
2	—	1,878	173.00–178.00	175.68

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Heavy Weight$ per cwt · actual wt
1	—	2,540	202.00	202.00
1	—	2,620	206.00	206.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Return to Feed$ per cwt · actual wt
3	—	1,563	170.00–186.50	179.28
6	—	1,566	188.00–197.50	192.48

Head	Wt range	Avg wt	Price range	Avg price
Dairy Cows — Lean 85-90% · Light Weight$ per cwt · actual wt
1	—	725	115.00	115.00

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.