Sale reports / Montana / Public Auction Yards / 2026-03-11

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Mar 11
● Final70 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
174 head
▲ 174 vs last sale 0▼ 332 vs year ago 506 · −65.6%
Slaughter Cattle receipts
495 head
▼ 25 vs last sale 520▲ 173 vs year ago 322 · +53.7%
Replacement Cattle receipts
323 head
▼ 1,661 vs last sale 1,984▲ 162 vs year ago 161 · +100.6%
View

Reporter comment USDA

As filed

Compared to last week (3-04-26): Feeder cattle were not well tested this week and not tested at all last week, thus no trend is available. Quality this week was mostly plain and offered in small packages or as singles. Demand was light to moderate as quality and light receipts made it difficult for buyers to piece together loads. Market activity was slow with a small crowd on hand for todays sale. Weigh up cows sold on good to very good demand again this week. Almost every cow purchased today was once again purchased to feed in some capacity. Feeding cows sold fully steady. Quality this week was average to attractive, however not as attractive as last weeks offering. Many sets of cows which had be started on feed sold this week. Demand from packers was mostly light for fleshy slaughter cows. Most of fed cows on offer were purchased to return to feed as most needed another 30-60 days to grade premium white. Canadian buyers were back in the market this week and they showed very good demand for feeding cows to ship north and feed. Weigh up conditions were mostly average to below average today and significantly lower than last weeks sale. Several sets of fed cows were pushing heavy amounts of fill. Cows with blemishes were also heavily purchased to feed this week as buyers pushed cow prices well over packer buyers orders for slaughter cows. Very few cows were purchased for immediate harvest as feeding cow demand held cow prices above slaughter cow orders. Slaughter cows were too lightly tested to develop an accurate market trend, however steady undertones were noticed. Slaughter bulls were too lightly tested to develop an accurate market trend, however steady to higher undertones were noticed. Feeding bull buyers were very aggressive in buying bulls to feed. This helped keep slaughter bull prices near steady as feeding and slaughter buyers bid over the same offerings. Demand for young cows remains very good. Young age offerings sold mostly steady. Quality this week was average to attractive, but not as attractive as last weeks, large, very attractive offering.

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $421.54/cwt on 13 head. That ranks 14 of 19 comparable sales and sits +26.08 against this barn's trailing median of $395.45.
Average price
$421.54
13 head · 549 lb average
Value per head Derived
$2,316
Price × average weight ÷ 100
Grade differential Derived
$195
per head · Medium and Large 1 over Medium and Large 1-2
$2.50/cwt at this weight
vs the market
−23.66
vs MT average
+7.76 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1566422.502,3918thin
Medium and Large 1-2523420.002,1975thin
One grade step is worth $2.50/cwt here — about $195 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 sale13 hd
421.54
—
MT average3 barns · 470 hd
445.20
−23.66
National average182 barns · 10,991 hd
413.78
+7.76
This barn, trailing median19 sales
395.45
+26.08
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—High1,826203.713,71935
CowsBoner 80-85%High1,404179.262,516167
CowsBreaker 75-80%Average1,620174.352,824104
CowsLean 85-90%Average1,201169.072,03192
Dairy CowsBoner 80-85%Average1,388139.001,9292thin
Dairy CowsLean 85-90%Average1,446129.331,8706thin

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)1,286$4,0005
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,193$3,5008
Bred Cows2nd Stage (4-6 mo)Middle Aged/Aged (>5 yrs)1,460$3,4001thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,345$3,1002thin
Bred Cows3rd Stage (7-9 mo)Aged (>8 yrs)1,364$2,89611
Bred Cows2nd Stage (4-6 mo)Aged (>8 yrs)1,518$2,7002thin
Bred Cows2nd/3rd Stage (4-9 mo)Aged (>8 yrs)1,143$2,1004thin
Bred Heifers2nd/3rd Stage (4-9 mo)(<2 yrs)1,313$4,1003thin

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.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers6 lots · lightest first
Steers250–300Medium and Large 2250510.00/cwt510.00–510.001,2752
Steers250–300Medium and Large 1-2298590.00/cwt590.00–590.001,7584
Steers350–400Medium and Large 2388495.00/cwt495.00–495.001,9212
Steers450–500Medium and Large 1-2488520.00/cwt520.00–520.002,5383
Steers550–600Medium and Large 1-2595420.00/cwt420.00–420.002,4991
Steers600–650Medium and Large 1-2607416.65/cwt410.00–420.002,5296
Feeder Cattle · Heifers15 lots · lightest first
Heifers200–250Medium and Large 2243450.00/cwt450.00–450.001,0945
Heifers300–350Medium and Large 2320465.00/cwt465.00–465.001,4882
Heifers350–400Medium and Large 2370470.00/cwt470.00–470.001,7394
Heifers400–450Medium and Large 1-2432485.00/cwt485.00–485.002,0955
Heifers400–450Medium and Large 2445430.00/cwt430.00–430.001,9142
Heifers450–500Medium and Large 1-2455475.05/cwt470.00–480.002,1612
Heifers500–550Medium and Large 1-2523420.00/cwt420.00–420.002,1975
Heifers550–600Medium and Large 1566422.50/cwt422.50–422.502,3918
Heifers600–650Large 1625387.50/cwt387.50–387.502,4223
Heifers600–650Medium and Large 1-2634395.60/cwt395.00–396.002,5085
Heifers600–650Medium and Large 1-2Fleshy644332.00/cwt332.00–332.002,1387
Heifers700–750Large 1715342.50/cwt342.50–342.502,4493
Heifers700–750Medium and Large 1Fleshy741340.00/cwt340.00–340.002,51914
Heifers700–750Medium and Large 1-2Fleshy743320.00/cwt320.00–320.002,3782
Heifers750–800Medium and Large 1770330.00/cwt330.00–330.002,5411
Feeder Cattle · Bulls5 lots · lightest first
Bulls650–700Medium and Large 1-2678354.29/cwt352.50–355.002,4027
Bulls650–700Medium and Large 2685310.00/cwt310.00–310.002,1242
Bulls800–850Medium and Large 2818290.00/cwt290.00–290.002,3722
Bulls850–900Medium and Large 1-2873301.00/cwt301.00–301.002,6282
Bulls950–1000Medium and Large 1-2973290.00/cwt290.00–290.002,82212
Slaughter Cattle · Bulls5 lots · lightest first
Bulls——Return to Feed1,500199.52/cwt199.00–200.002,9932
Bulls——Return to Feed1,505185.45/cwt165.00–194.002,7919
Bulls——1,850196.00/cwt196.00–196.003,6261
Bulls——1,973210.72/cwt198.00–213.004,15819
Bulls——2,003215.53/cwt215.00–217.004,3174
Slaughter Cattle · Cows17 lots · lightest first
Cows—Lean 85-90%Light Weight970130.00/cwt130.00–130.001,2611
Cows—Lean 85-90%1,093145.21/cwt140.00–155.001,5873
Cows—Lean 85-90%1,102127.40/cwt120.00–137.501,4043
Cows—Lean 85-90%Return to Feed1,159159.41/cwt145.00–165.001,84817
Cows—Lean 85-90%Return to Feed1,203183.26/cwt181.00–185.002,2054
Cows—Lean 85-90%Return to Feed1,226174.43/cwt168.00–180.002,13964
Cows—Boner 80-85%1,300132.50/cwt132.50–132.501,7233
Cows—Boner 80-85%Return to Feed1,366186.72/cwt184.00–196.002,55112
Cows—Boner 80-85%Return to Feed1,381179.71/cwt170.00–184.002,48283
Cows—Boner 80-85%Return to Feed1,411157.29/cwt148.00–166.002,2197
Cows—Boner 80-85%1,438183.68/cwt162.00–186.002,64158
Cows—Breaker 75-80%Return to Feed1,464183.56/cwt182.00–184.002,6875
Cows—Boner 80-85%1,555156.98/cwt148.00–162.002,4414
Cows—Breaker 75-80%Return to Feed1,610176.63/cwt172.00–181.002,84474
Cows—Breaker 75-80%Return to Feed1,615167.08/cwt162.00–172.002,69813
Cows—Breaker 75-80%1,701167.37/cwt166.00–169.502,8474
Cows—Breaker 75-80%1,775162.81/cwt159.00–165.002,8908
Slaughter Cattle · Dairy Cows3 lots · lightest first
Dairy Cows—Lean 85-90%1,335138.00/cwt138.00–138.001,8422
Dairy Cows—Boner 80-85%1,388139.00/cwt139.00–139.001,9292
Dairy Cows—Lean 85-90%1,501125.00/cwt125.00–125.001,8764
Replacement Cattle · Stock Cows10 lots · lightest first
Stock Cows—Medium 1-2857216.25/cwt195.00–265.001,8533
Stock Cows—Medium 1-2898260.00/cwt260.00–260.002,3352
Stock Cows—Medium and Large 1900306.05/cwt295.00–321.002,7546
Stock Cows—Medium and Large 1-2986268.58/cwt230.00–297.502,64811
Stock Cows—Large 11,013308.00/cwt308.00–308.003,1203
Stock Cows—Medium and Large 11,049275.07/cwt200.00–319.002,885194
Stock Cows—Medium and Large 1-21,090187.50/cwt187.50–187.502,0442
Stock Cows—Medium and Large 1-21,111222.08/cwt177.50–255.002,46715
Stock Cows—Medium and Large 11,212187.32/cwt183.00–237.502,27032
Stock Cows—Medium and Large 1Fleshy1,276210.00/cwt210.00–210.002,6805
Replacement Cattle · Bred Heifers1 lot · lightest first
Bred Heifers—Medium and Large 11,3134,100.00/head4,100.00–4,100.004,1003
Replacement Cattle · Bred Cows8 lots · lightest first
Bred Cows—Medium and Large 1-2Thin Fleshed1,1432,100.00/head2,100.00–2,100.002,1004
Bred Cows—Medium and Large 1Thin Fleshed1,1822,900.00/head2,900.00–2,900.002,9005
Bred Cows—Medium and Large 11,1933,500.00/head3,500.00–3,500.003,5008
Bred Cows—Medium and Large 11,2864,000.00/head4,000.00–4,000.004,0005
Bred Cows—Medium and Large 11,3453,100.00/head3,100.00–3,100.003,1002
Bred Cows—Medium and Large 11,4603,400.00/head3,400.00–3,400.003,4001
Bred Cows—Medium and Large 1-2Broken Mouth1,5152,892.05/head2,850.00–2,900.002,8926
Bred Cows—Medium and Large 1Broken Mouth1,5182,700.00/head2,700.00–2,700.002,7002

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.