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Public Auction Yards Livestock Cattle Auction (Wed) · Wed, Feb 28

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Montana · the report as USDA filed it, with per-head values and grade spreads. Use the address of its own page to share or bookmark it.

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Feb 28

● Final28 lots reportedUSDA AMS · slug 1774

← Feb 21Feb 28Mar 6 →

Feeder Cattle receipts

35 head

▼ 280 vs last sale 315▲ 35 vs year ago 0 · no sale a year ago

Slaughter Cattle receipts

148 head

▼ 432 vs last sale 580▼ 547 vs year ago 695 · −78.7%

Replacement Cattle receipts

140 head

▼ 134 vs last sale 274▼ 894 vs year ago 1,034 · −86.5%

Also sold hereRegular saleFri Nov 6, 2026

View

Reporter comment USDA

As filed

Compared to last week: Feeder cattle offerings were were too lightly tested today to develop any market trend. Quality today was mostly plain, and lower than last week. Most cattle were offered in small packages or as singles. Demand was mostly light for very light offerings. Market activity today was mostly moderate. Weigh up cows comprised most of the sale today. Demand was mostly good to very good for light offerings. Packers continue to buy both feeding and slaughter cows. Packers tried to buy up as much of the offering as possible this sale. Demand from private feeders was very good. Many sets of young to middle age cows sold to private buyers as they showed strong premiums for feeding young age cows. Quality today was average. Slaughter and feeding cows sold generally steady in a narrow compairson on all classes. Cow quality today was mostly average to very attractive. Weigh up conditions were mixed today. Slaughter bulls were too lightly tested to develop an accurate market trend, however higher undertones were noticed. Young age cows were too lightly tested to develop a full market trend, steady undertones were noticed. Demand from feeding and rebreed cow buyers continues to be good.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $247.50/cwt on 12 head.

Average price

$247.50

12 head · 493 lb average

Value per head Derived

$1,221

Price × average weight ÷ 100

Grade differential Derived

$81

per head · Medium 1-2 over Medium 2

$42.00/cwt at this weight

vs the market

−27.08

vs MT average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium 1-2	455	282.50	1,285	2thin
Medium 2	501	240.50	1,204	10thin

One grade step is worth $42.00/cwt here — about $81 a head. Across this sale the premium is widest at 0–100 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 0–100 lb

Same class and week · spot auction only

This sale12 hd

247.50

—

MT average3 barns · 2,656 hd

274.58

−27.08

A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

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	1,949	132.59	2,584	10
Cows	Breaker 75-80%	Average	1,601	113.41	1,816	9thin
Cows	Boner 80-85%	High	1,326	112.67	1,494	24
Cows	Lean 85-90%	Low	1,182	105.93	1,252	92

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)	1,264	$2,550	7
Bred Cows	2nd/3rd Stage (4-9 mo)	Young/Middle Aged (2-8 yrs)	1,428	$2,250	2thin
Bred Cows	3rd Stage (7-9 mo)	Middle Aged/Aged (>5 yrs)	1,339	$1,925	3thin

Every lot

28 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.

Public Auction Yards Livestock Cattle Auction - Billings, MT (Wed)

Wed Feb 28, 2024

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

Feeder CattleReceipts 35Last week 315Year ago 0

Slaughter CattleReceipts 148Last week 580Year ago 695

Replacement CattleReceipts 140Last week 274Year ago 1,034

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
2	—	895	210.00	210.00
3	—	1,038	187.50	187.50

Loading the Public Auction Yards Livestock Cattle Auction (Wed) sale…

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Feb 28

● Final28 lots reportedUSDA AMS · slug 1774

← Feb 21Feb 28Mar 6 →

Feeder Cattle receipts

35 head

▼ 280 vs last sale 315▲ 35 vs year ago 0 · no sale a year ago

Slaughter Cattle receipts

148 head

▼ 432 vs last sale 580▼ 547 vs year ago 695 · −78.7%

Replacement Cattle receipts

140 head

▼ 134 vs last sale 274▼ 894 vs year ago 1,034 · −86.5%

Also sold hereRegular saleFri Nov 6, 2026

View

Reporter comment USDA

As filed

Weight class — the figures below change to match

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $247.50/cwt on 12 head.

Average price

$247.50

12 head · 493 lb average

Value per head Derived

$1,221

Price × average weight ÷ 100

Grade differential Derived

$81

per head · Medium 1-2 over Medium 2

$42.00/cwt at this weight

vs the market

−27.08

vs MT average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium 1-2	455	282.50	1,285	2thin
Medium 2	501	240.50	1,204	10thin

One grade step is worth $42.00/cwt here — about $81 a head. Across this sale the premium is widest at 0–100 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 0–100 lb

Same class and week · spot auction only

This sale12 hd

247.50

—

MT average3 barns · 2,656 hd

274.58

−27.08

A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

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	1,949	132.59	2,584	10
Cows	Breaker 75-80%	Average	1,601	113.41	1,816	9thin
Cows	Boner 80-85%	High	1,326	112.67	1,494	24
Cows	Lean 85-90%	Low	1,182	105.93	1,252	92

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)	1,264	$2,550	7
Bred Cows	2nd/3rd Stage (4-9 mo)	Young/Middle Aged (2-8 yrs)	1,428	$2,250	2thin
Bred Cows	3rd Stage (7-9 mo)	Middle Aged/Aged (>5 yrs)	1,339	$1,925	3thin

Every lot

28 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.

Public Auction Yards Livestock Cattle Auction - Billings, MT (Wed)

Wed Feb 28, 2024

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

Feeder CattleReceipts 35Last week 315Year ago 0

Slaughter CattleReceipts 148Last week 580Year ago 695

Replacement CattleReceipts 140Last week 274Year ago 1,034

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
2	—	895	210.00	210.00
3	—	1,038	187.50	187.50

Class	Weight	Grade / description	Avg wt	Price	Range	Per head	Head
Feeder Cattle · Steers1 lot · lightest first
Steers	—	Medium 2	448	265.00/cwt	265.00–265.00	1,187	2
Feeder Cattle · Heifers3 lots · lightest first
Heifers	—	Medium 2	454	252.50/cwt	252.50–252.50	1,146	6
Heifers	—	Medium 1-2	455	282.50/cwt	282.50–282.50	1,285	2
Heifers	—	Medium 2	571	222.50/cwt	222.50–222.50	1,270	4
Feeder Cattle · Bulls2 lots · lightest first
Bulls	—	Medium and Large 1	895	210.00/cwt	210.00–210.00	1,880	2
Bulls	—	Medium and Large 1	1,038	187.50/cwt	187.50–187.50	1,946	3
Slaughter Cattle · Bulls2 lots · lightest first
Bulls	—	—	1,761	125.44/cwt	123.00–126.00	2,209	5
Bulls	—	—	2,137	139.74/cwt	137.00–144.00	2,986	5
Slaughter Cattle · Cows13 lots · lightest first
Cows	—	Lean 85-90%	920	72.50/cwt	72.50–72.50	667	1
Cows	—	Lean 85-90%Light Weight	935	96.00/cwt	96.00–96.00	898	1
Cows	—	Lean 85-90%Return to Feed	1,138	101.65/cwt	96.00–102.00	1,157	13
Cows	—	Lean 85-90%Return to Feed	1,152	113.39/cwt	113.00–115.00	1,306	7
Cows	—	Lean 85-90%Return to Feed	1,200	107.23/cwt	105.00–111.00	1,287	64
Cows	—	Lean 85-90%	1,203	102.70/cwt	101.00–106.00	1,235	3
Cows	—	Lean 85-90%	1,210	97.13/cwt	90.00–100.00	1,175	3
Cows	—	Boner 80-85%Return to Feed	1,294	115.42/cwt	113.00–116.00	1,494	12
Cows	—	Boner 80-85%	1,305	113.00/cwt	113.00–113.00	1,475	1
Cows	—	Boner 80-85%
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows	—	Medium and Large 1	1,264	2,550.00/head	2,550.00–2,550.00	2,550	7
Bred Cows	—	Medium and Large 1	1,339	1,924.80/head	1,800.00–2,000.00	1,925	3
Bred Cows	—	Medium and Large 1	1,428	2,250.00/head	2,250.00–2,250.00	2,250	2
Replacement Cattle · Stock Cows4 lots · lightest first
Stock Cows	—	Medium and Large 1-2	837	133.22/cwt	112.50–177.50	1,115	3
Stock Cows	—	Medium and Large 1	909	148.80/cwt	116.00–166.00	1,353	106
Stock Cows	—	Medium and Large 1-2	967	156.08/cwt	131.00–177.50	1,509	12
Stock Cows	—	Medium and Large 1	1,055	163.46/cwt	162.00–165.00	1,725	2

Heifers — Medium 2$ per cwt · actual wt
4	—	571	222.50	222.50
6	—	454	252.50	252.50

Steers — Medium 2$ per cwt · actual wt
2	—	448	265.00	265.00

Bred Cows — Medium and Large 1$ per head · actual wt
Young (2-4 yrs)	3rd Stage (7-9 mo)	7	—	1,264	2,550.00	2,550.00
Middle Aged/Aged (>5 yrs)	3rd Stage (7-9 mo)	3	—	1,339	1,800.00–2,000.00	1,924.80
Young/Middle Aged (2-8 yrs)	2nd/3rd Stage (4-9 mo)	2	—	1,428	2,250.00	2,250.00

Stock Cows — Medium and Large 1$ per cwt · actual wt
(<2 yrs)	Open	2	—	1,055	162.00–165.00	163.46
Young (2-4 yrs)	Open	106	—	909	116.00–166.00	148.80

Stock Cows — Medium and Large 1-2$ per cwt · actual wt
(<2 yrs)	Open	12	—	967	131.00–177.50	156.08
Young (2-4 yrs)	Open	3	—	837	112.50–177.50	133.22

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
5	—	1,761	123.00–126.00	125.44
5	—	2,137	137.00–144.00	139.74

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90% · Return to Feed$ per cwt · actual wt
13	—	1,138	96.00–102.00	101.65
7	—	1,152	113.00–115.00	113.39
64	—	1,200	105.00–111.00	107.23

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85% · Return to Feed$ per cwt · actual wt
12	—	1,294	113.00–116.00	115.42
10	—	1,364	107.00–112.00	110.10

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
3	—	1,210	90.00–100.00	97.13
1	—	920	72.50	72.50
3	—	1,203	101.00–106.00	102.70

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90% · Light Weight$ per cwt · actual wt
1	—	935	96.00	96.00

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80%$ per cwt · actual wt
3	—	1,792	110.00–114.00	112.54

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
1	—	1,345	105.00	105.00
1	—	1,305	113.00	113.00

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80% · Return to Feed$ per cwt · actual wt
6	—	1,506	113.00–114.00	113.84

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Public Auction Yards Livestock Cattle Auction (Wed) · Wed, Feb 28

Public Auction Yards

Reporter comment USDA

Heifers · summary 0–100 lb

Price by quality 0–100 lb

How it compared 0–100 lb

Slaughter cattle

Replacement cattle Per head

Every lot

Public Auction Yards Livestock Cattle Auction - Billings, MT (Wed)

Feeder Cattle

Public Auction Yards

Reporter comment USDA

Heifers · summary 0–100 lb

Price by quality 0–100 lb

How it compared 0–100 lb

Slaughter cattle

Replacement cattle Per head

Every lot

Public Auction Yards Livestock Cattle Auction - Billings, MT (Wed)

Feeder Cattle

This sale against other markets

Replacement Cattle

Slaughter Cattle