Feeder steer and heifer cash prices near Billings, MT by weight class. Source: USDA AMS MARS Report 2489. Updated weekly (Friday releases).
Montana operates the largest range cattle system in the lower 48. Cow-calf pairs run on Bureau of Land Management and Forest Service grazing leases across 94 million acres. Feeder calves move south and east in fall; prices track the Billings Livestock Commission and Miles City sales.
Montana Quality Foods Billings; cattle primarily market to WY and ID packers; R-CALF stronghold
USDA AMS Report 2489 reports feeder cattle prices for the Iowa/Southern Minnesota region — the primary feeder procurement zone for the central Corn Belt feedlot industry. Montana feeder prices trade at a basis to this benchmark that reflects distance to feedlots, local forage conditions, and regional demand from backgrounding operations.
GrainBrief Pro delivers all feeder weight classes, heifer prices, and Cattle Feeding Margin each Friday after USDA releases Report 2489. Price alerts fire when feeder bids move more than 5% week-over-week.
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