Sale reports / Montana / Public Auction Yards / 2026-04-08

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Apr 8
● Final66 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
192 head
▼ 1 vs last sale 193▲ 61 vs year ago 131 · +46.6%
Slaughter Cattle receipts
303 head
▼ 159 vs last sale 462▼ 12 vs year ago 315 · −3.8%
Replacement Cattle receipts
212 head
▼ 77 vs last sale 289▲ 54 vs year ago 158 · +34.2%
View

Reporter comment USDA

As filed

Compared to last week (4-01-26): Feeder cattle too lightly tested to develop an accurate market trend, however steady to higher undertones were noticed. Demand was mostly good for light offerings. Quality this week was mostly plain to average and offered in small packages or as singles. A small crowd of feeder buyers on hand for todays sale. Market activity was mostly moderate to active. 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 steady to 2.00 higher on all classes. Quality this week was mostly average. A few sets of cows which had be started on feed sold again this week; these cows were met with mostly good demand. Weigh up conditions were not as attractive to buyers this week. Weigh conditions were mixed, but not as attractive as last week. Cows with blemishes were also heavily purchased to feed this week as buyers pushed cow prices well over packer buyers orders for slaughter cows. The volume of cows purchased for immediate harvest remains very low, however more cows were purchased to slaughter this week than the last few weeks. Slaughter cows sold mostly steady on breaking, boning and lean cows sold mostly steady to 2.00 higher in a very narrow comparison. Slaughter bulls sold mostly 2.00-4.00 higher in a narrow comparison. Feeding bull buyers continue to show very good demand for light weight and lower dressing bulls that would improve on feed. Feeding bulls sold mostly 5.00 higher. Bull quality this week was mostly attractive and better than the last few weeks. Demand for young cows remains very good. Young age offerings sold mostly 5.00-10.00 higher. Quality this week was average to attractive. Several sets of attractive wet bagged 2 year olds sold for $3,200-3,350 per head!

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $445.45/cwt on 38 head, up $31.65 from the prior sale. That ranks 17 of 19 comparable sales and sits +50.00 against this barn's trailing median of $395.45.
Average price
$445.45
▲ 31.65 vs prior sale
38 head · 540 lb average
Value per head Derived
$2,404
Price × average weight ÷ 100
Grade differential Derived
$17
per head · Medium and Large 1 over Medium and Large 1-2
$16.35/cwt at this weight
vs the market
−11.67
vs MT average
+17.09 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1528457.502,41610thin
Medium and Large 1-2544441.152,39928
One grade step is worth $16.35/cwt here — about $17 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 sale38 hd
445.45
—
MT average3 barns · 662 hd
457.13
−11.67
National average175 barns · 10,626 hd
428.36
+17.09
This barn, trailing median19 sales
395.45
+50.00
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—Average1,788216.413,87053
CowsBoner 80-85%High1,420177.202,517118
CowsBreaker 75-80%Low1,597176.942,82560
CowsLean 85-90%Low1,168160.481,87547

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 Cows3rd Stage (7-9 mo)Young (2-4 yrs)1,332$4,1806
Bred Cows2nd/3rd Stage (4-9 mo)Young (2-4 yrs)1,140$3,9213thin
Bred Cows2nd Stage (4-6 mo)Middle Aged/Aged (>5 yrs)1,355$3,4001thin
Bred Cows2nd/3rd Stage (4-9 mo)Aged (>8 yrs)1,587$3,2503thin
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,480$3,2001thin
Cow-Calf PairsOpenYoung/Middle Aged (2-8 yrs)1,437$3,9006

Every lot

66 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
Steers400–450Medium and Large 1434629.30/cwt625.00–630.002,73114
Steers600–650Medium and Large 1605460.00/cwt460.00–460.002,7832
Steers600–650Medium and Large 1-2619431.66/cwt430.00–432.502,6723
Steers650–700Medium and Large 2693381.86/cwt360.00–385.002,6468
Steers900–950Medium and Large 1-2925327.50/cwt327.50–327.503,0293
Steers1050–1100Large 11,057325.00/cwt325.00–325.003,43510
Feeder Cattle · Heifers13 lots · lightest first
Heifers300–350Medium and Large 1-2323510.00/cwt510.00–510.001,6472
Heifers350–400Medium and Large 1395530.00/cwt530.00–530.002,0941
Heifers450–500Medium and Large 2483385.00/cwt385.00–385.001,8602
Heifers450–500Medium and Large 1486499.22/cwt492.50–510.002,42630
Heifers500–550Medium and Large 1528457.50/cwt457.50–457.502,41610
Heifers500–550Medium and Large 1-2530447.38/cwt435.00–460.002,37119
Heifers550–600Medium and Large 1-2573428.00/cwt428.00–428.002,4529
Heifers600–650Medium and Large 1600410.00/cwt410.00–410.002,4602
Heifers600–650Medium and Large 1-2642395.80/cwt385.00–397.502,5417
Heifers650–700Medium and Large 2672345.00/cwt345.00–345.002,3183
Heifers650–700Medium and Large 1-2673358.68/cwt355.00–365.002,4144
Heifers700–750Medium and Large 1-2710360.00/cwt360.00–360.002,5562
Heifers800–850Medium and Large 1Fleshy807340.00/cwt340.00–340.002,7443
Feeder Cattle · Bulls6 lots · lightest first
Bulls50–100Medium and Large 1-285813.24/head800.00–825.008132
Bulls50–100Medium and Large 190900.00/head900.00–900.009002
Bulls500–550Medium and Large 1505490.00/cwt490.00–490.002,4752
Bulls650–700Medium and Large 1663390.00/cwt390.00–390.002,5862
Bulls650–700Medium and Large 1-2687360.00/cwt360.00–360.002,4733
Bulls1100–1150Large 11,141270.00/cwt270.00–270.003,0814
Slaughter Cattle · Bulls8 lots · lightest first
Bulls——Light Weight1,388184.17/cwt180.00–188.002,5562
Bulls——Return to Feed1,511205.16/cwt201.00–208.503,1006
Bulls——1,623195.76/cwt192.50–199.003,1772
Bulls——Return to Feed1,672216.11/cwt209.00–222.503,61320
Bulls——1,868219.55/cwt218.00–221.004,1018
Bulls——Return to Feed1,970225.00/cwt225.00–225.004,4331
Bulls——2,051226.08/cwt223.00–229.004,63711
Bulls——Natural2,255229.50/cwt229.50–229.505,1753
Slaughter Cattle · Cows18 lots · lightest first
Cows—Lean 85-90%Light Weight903126.16/cwt120.00–132.501,1392
Cows—Lean 85-90%1,146131.43/cwt122.00–142.001,5066
Cows—Lean 85-90%Return to Feed1,182174.08/cwt170.00–179.002,05816
Cows—Lean 85-90%Return to Feed1,183162.87/cwt145.00–169.001,92720
Cows—Lean 85-90%1,20585.00/cwt85.00–85.001,0241
Cows—Lean 85-90%Return to Feed1,223186.98/cwt186.00–188.002,2872
Cows—Boner 80-85%Return to Feed1,352168.65/cwt155.00–172.002,28022
Cows—Boner 80-85%1,395129.00/cwt129.00–129.001,8001
Cows—Boner 80-85%Return to Feed1,411177.05/cwt172.00–183.002,49862
Cows—Boner 80-85%1,455168.00/cwt168.00–168.002,4441
Cows—Boner 80-85%Return to Feed1,472187.44/cwt184.00–193.002,75929
Cows—Breaker 75-80%Return to Feed1,493184.65/cwt183.00–187.502,75712
Cows—Breaker 75-80%Return to Feed1,568168.36/cwt165.00–170.002,6403
Cows—Breaker 75-80%Return to Feed1,590178.19/cwt170.00–180.002,83329
Cows—Boner 80-85%1,612163.05/cwt156.00–166.002,6283
Cows—Breaker 75-80%1,684170.86/cwt168.00–175.002,87713
Cows—Breaker 75-80%1,685163.09/cwt161.00–165.002,7482
Cows—Breaker 75-80%1,800180.50/cwt180.50–180.503,2491
Replacement Cattle · Stock Cows9 lots · lightest first
Stock Cows—Medium 1-2775222.50/cwt222.50–222.501,7241
Stock Cows—Medium and Large 1Thin Fleshed832332.16/cwt320.00–347.502,76413
Stock Cows—Medium and Large 1-2952294.84/cwt250.00–327.502,80710
Stock Cows—Medium and Large 11,034306.37/cwt226.00–361.003,16865
Stock Cows—Medium and Large 1-21,057243.60/cwt181.00–287.502,57517
Stock Cows—Medium and Large 1-21,110270.00/cwt270.00–270.002,9972
Stock Cows—Medium and Large 1Fleshy1,220187.50/cwt187.50–187.502,2881
Stock Cows—Medium and Large 11,234230.73/cwt194.00–332.502,84754
Stock Cows—Medium and Large 11,367189.50/cwt185.00–194.002,5906
Replacement Cattle · Bred Cows5 lots · lightest first
Bred Cows—Medium and Large 11,1403,920.78/head3,800.00–4,000.003,9213
Bred Cows—Medium and Large 11,3324,180.23/head4,150.00–4,250.004,1806
Bred Cows—Medium and Large 11,3553,400.00/head3,400.00–3,400.003,4001
Bred Cows—Medium and Large 11,4803,200.00/head3,200.00–3,200.003,2001
Bred Cows—Medium and Large 1Broken Mouth1,5873,250.00/head3,250.00–3,250.003,2503
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 1-21,4373,900.00/head3,900.00–3,900.003,9006

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.