Sale reports / Montana / Public Auction Yards / 2026-08-05

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Aug 5
● Final75 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
173 head
▲ 15 vs last sale 158▼ 61 vs year ago 234 · −26.1%
Slaughter Cattle receipts
445 head
▲ 195 vs last sale 250▲ 150 vs year ago 295 · +50.8%
Replacement Cattle receipts
79 head
▼ 22 vs last sale 101▲ 38 vs year ago 41 · +92.7%
View

Reporter comment USDA

As filed

Compared to last week (7-29-26): Feeder cattle were too lightly tested to develop any market trend. Quality this week was mostly average with a few attractive consignments of yearling heifers noticed. Most offerings were in small packages or as singles, making it difficult for buyers to piece together loads. Demand was mostly moderate to good for yearlings and light to moderate for calves. Demand for calves suffered as hot days forecasted for the days ahead. CME positions saw another day of rebounding prices as live cattle futures led the rally. All contracts through January 2027 saw contracts improve over 2.00 and contacts from March and later saw 1.00 gains. Market activity was moderate to active with a small crowd of feeder buyers on hand. Weigh up cows sold on mostly moderate demand. Demand for feeding cows was moderate this week. Canadian buyers were back in the market this week as they purchased cows to ship north to feed. American packers and Canadian feeders both showed moderate to good demand for cows suitable to feed. Feeding cows sold steady to 3.00 lower on a lower quality offering. Weigh up conditions were also below average as many full cows were noticed this week. Cow quality this week was mostly plain to average and lower than last week. Slaughter cow demand was slightly stronger this week as packers all showed need for cows for immediate harvest. Slaughter cows sold generally steady to firm on a lower yielding offering. Slaughter bulls sold mostly steady to 3.00 lower. Feeding bull demand was good to very good as buyers purchased thin fleshed bulls which had been out breeding to feed. Feeding bulls sold 2.00-5.00 higher. Young age cows were all too lightly tested to develop any market comparison. Quality was mostly plain to average. Many young cows were fleshy coming off grass, especially if they have not calved. Young cow quality this week was mostly plain to average.

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $362.20/cwt on 5 head, down $13.12 from the prior sale. That ranks 4 of 19 comparable sales and sits −33.25 against this barn's trailing median of $395.45.
Average price
$362.20
▼ 13.12 vs prior sale
5 head · 516 lb average
Value per head Derived
$1,870
Price × average weight ÷ 100
Grade differential Derived
$86
per head · Medium and Large 1 over Medium and Large 1-2
$0.50/cwt at this weight
vs the market
−1.24
vs MT average
−11.83 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1530362.501,9212thin
Medium and Large 1-2507362.001,8353thin
One grade step is worth $0.50/cwt here — about $86 a head. Across this sale the premium is widest at 300–400 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 sale5 hd
362.20
—
MT average2 barns · 9 hd
363.44
−1.24
National average160 barns · 6,700 hd
374.03
−11.83
This barn, trailing median19 sales
395.45
−33.25
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—Average1,879203.983,83395
CowsBreaker 75-80%Low1,589172.432,74099
CowsBoner 80-85%Average1,404164.512,309131
CowsLean 85-90%Low1,176151.371,78063

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)1,153$2,8833thin
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)1,194$2,8005
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,680$4,4001thin
Cow-Calf PairsOpenYoung/Middle Aged (2-8 yrs)1,733$4,4005
Cow-Calf PairsOpenYoung (2-4 yrs)1,278$4,2503thin
Cow-Calf PairsOpenMiddle Aged/Aged (>5 yrs)1,678$3,7252thin

Every lot

75 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
Steers200–250Medium and Large 1Unweaned235640.00/cwt640.00–640.001,5041
Steers250–300Medium and Large 1-2Unweaned254540.00/cwt540.00–540.001,3724
Steers300–350Medium and Large 1-2Unweaned310505.00/cwt505.00–505.001,5663
Steers350–400Medium and Large 1Unweaned373525.00/cwt525.00–525.001,9584
Steers350–400Medium and Large 1-2Unweaned375465.00/cwt465.00–465.001,7443
Steers400–450Medium and Large 1Unweaned438474.32/cwt460.00–485.002,07810
Steers450–500Medium and Large 1-2Unweaned454420.00/cwt420.00–420.001,9078
Steers450–500Medium and Large 1Unweaned477444.89/cwt440.00–450.002,12211
Steers550–600Medium and Large 1568420.00/cwt420.00–420.002,3868
Steers700–750Medium and Large 1-2715363.83/cwt360.00–367.502,6012
Steers750–800Medium and Large 1-2780346.68/cwt344.00–355.002,7044
Feeder Cattle · Heifers13 lots · lightest first
Heifers250–300Medium and Large 1Unweaned284482.37/cwt471.00–495.001,3708
Heifers350–400Medium and Large 1Unweaned367490.00/cwt490.00–490.001,7983
Heifers350–400Medium and Large 1-2Unweaned382417.50/cwt417.50–417.501,5953
Heifers400–450Medium and Large 1Unweaned419418.00/cwt418.00–418.001,7517
Heifers400–450Medium and Large 1-2Unweaned445390.00/cwt390.00–390.001,7362
Heifers450–500Medium and Large 1Unweaned460375.00/cwt375.00–375.001,7251
Heifers500–550Medium and Large 1-2Unweaned507362.00/cwt362.00–362.001,8353
Heifers500–550Medium and Large 1Unweaned530362.50/cwt362.50–362.501,9212
Heifers800–850Medium and Large 1839334.30/cwt334.00–335.002,80513
Heifers900–950Medium and Large 1-2905309.00/cwt309.00–309.002,7961
Heifers900–950Medium and Large 1916317.53/cwt313.00–319.002,90911
Heifers950–1000Medium and Large 1951316.00/cwt316.00–316.003,0057
Heifers1050–1100Large 11,052280.00/cwt280.00–280.002,9463
Feeder Cattle · Bulls7 lots · lightest first
Bulls450–500Medium and Large 1-2Unweaned498380.00/cwt380.00–380.001,8922
Bulls800–850Medium and Large 1840335.00/cwt335.00–335.002,8141
Bulls900–950Medium and Large 1905322.50/cwt322.50–322.502,9191
Bulls1050–1100Large 11,080260.00/cwt260.00–260.002,8082
Bulls1100–1150Large 11,140265.00/cwt265.00–265.003,0211
Bulls1150–1200Large 11,175250.00/cwt250.00–250.002,9387
Bulls1150–1200Large 1-21,185235.00/cwt235.00–235.002,7851
Slaughter Cattle · Bulls8 lots · lightest first
Bulls——Return to Feed1,730196.64/cwt187.50–201.003,40218
Bulls——1,798194.14/cwt190.00–199.003,49114
Bulls——Return to Feed1,845206.51/cwt202.00–212.003,81013
Bulls——1,886217.61/cwt214.00–228.004,10411
Bulls——1,949206.50/cwt199.50–212.004,02536
Bulls——2,310198.00/cwt198.00–198.004,5741
Bulls——2,345205.00/cwt205.00–205.004,8071
Bulls——Heavy Weight2,670205.00/cwt205.00–205.005,4741
Slaughter Cattle · Cows20 lots · lightest first
Cows—Lean 85-90%Light Weight840167.50/cwt167.50–167.501,4071
Cows—Lean 85-90%Light Weight930135.00/cwt135.00–135.001,2561
Cows—Lean 85-90%1,125165.00/cwt165.00–165.001,8563
Cows—Lean 85-90%1,156141.24/cwt130.00–148.001,63317
Cows—Lean 85-90%Return to Feed1,187163.68/cwt155.00–167.501,94320
Cows—Lean 85-90%1,190122.83/cwt110.00–127.501,4625
Cows—Lean 85-90%1,224153.12/cwt149.00–161.001,87416
Cows—Boner 80-85%1,381141.69/cwt126.00–147.001,9579
Cows—Boner 80-85%1,397160.46/cwt149.00–165.002,24230
Cows—Boner 80-85%Return to Feed1,399161.50/cwt150.00–166.002,25934
Cows—Boner 80-85%Return to Feed1,412172.94/cwt167.00–178.002,44255
Cows—Boner 80-85%1,423170.97/cwt170.00–172.002,4332
Cows—Boner 80-85%1,470117.50/cwt117.50–117.501,7271
Cows—Breaker 75-80%Return to Feed1,479160.34/cwt155.00–162.502,37112
Cows—Breaker 75-80%1,525145.00/cwt145.00–145.002,2111
Cows—Breaker 75-80%Return to Feed1,577176.42/cwt169.00–178.002,78269
Cows—Breaker 75-80%1,610178.30/cwt177.00–181.002,8713
Cows—Breaker 75-80%1,698170.85/cwt165.00–175.502,9016
Cows—Breaker 75-80%1,709157.52/cwt149.00–164.002,6927
Cows—Breaker 75-80%Heavy Weight2,225165.50/cwt165.50–165.503,6821
Replacement Cattle · Cow-Calf Pairs4 lots · lightest first
Cow-Calf Pairs—Medium and Large 1-21,2784,250.00/head4,250.00–4,250.004,2503
Cow-Calf Pairs—Medium and Large 1-21,6783,725.00/head3,725.00–3,725.003,7252
Cow-Calf Pairs—Medium and Large 11,6804,400.00/head4,400.00–4,400.004,4001
Cow-Calf Pairs—Medium and Large 1-21,7334,400.00/head4,400.00–4,400.004,4005
Replacement Cattle · Stock Cows8 lots · lightest first
Stock Cows—Medium 1-2885250.00/cwt250.00–250.002,2131
Stock Cows—Medium and Large 11,059275.02/cwt266.00–287.502,9125
Stock Cows—Medium and Large 1-21,100190.00/cwt190.00–190.002,0901
Stock Cows—Medium and Large 11,213202.39/cwt192.00–222.002,45512
Stock Cows—Medium and Large 1-21,234191.55/cwt182.00–230.002,3646
Stock Cows—Medium and Large 1Fleshy1,360202.00/cwt202.00–202.002,7471
Stock Cows—Large 11,405185.00/cwt185.00–185.002,5991
Stock Cows—Medium and Large 1Fleshy1,433184.24/cwt183.00–188.002,64015
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 1-21,0202,500.00/head2,500.00–2,500.002,5002
Bred Cows—Medium and Large 1-21,1102,750.00/head2,750.00–2,750.002,7502
Bred Cows—Medium and Large 11,2403,150.00/head3,150.00–3,150.003,1501
Bred Cows—Medium and Large 11,3103,000.00/head3,000.00–3,000.003,0003

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.