Cattle Market Pulse

Billings Livestock Commission Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Thursday, March 18, 2021

847 head sold ·Official USDA report

This is an archived report. See the latest Billings Livestock Commission Cattle Auction report →

heavy 6-weight M&L 1 steers $160.88/cwt ≈ $1,067/hd at 663 lb · 65 head
heavy 5-weight M&L 1 heifers $152.45/cwt -4.83 vs last sale · ≈ $881/hd at 578 lb · 58 head
light 8-weight M&L 1 heifers $124.50/cwt -5.79 vs last sale · ≈ $1,033/hd at 830 lb · 37 head
HeadThis saleLast saleLast year
Total receipts 847 4,354 1,382
Feeder cattle 542 2,505 78
Slaughter cattle 225 345 385
Replacement cattle 80 1,504 919

Compared to last week: All feeder cattle were too lightly tested to develop an accurate market trend, however steers under 600 lbs sold with lower undertones, while steers over 600 lbs sold with steady to higher undertones. Heifers weighing less than 700 lbs sold with steady undertones, while heifers over 700 lbs sold with lower undertones. Quality this week was plain to average. CME positions sold off sharply today, as most contracts saw triple digit losses. However, demand for cattle suitable to go to grass remained good as ranchers continue to push to gather offerings. Market activity this week was moderate. Weigh up cows sold on mostly good demand for light offerings. Packers were the driving force in the market this week as they showed good demand for slaughter cows. A winter storm across much of the plains has slowed the volume of cows and bulls being delivered to plants. Packers paid significantly higher prices in order to secure offerings this sale. Slaughter cows sold mostly 3.00-5.00 higher. Feeding cows were too lightly tested to trend as most cows were purchased for immediate harvest this week. Slaughter bulls sold steady to 2.00 higher. Two year old to young age cows suitable to feed or rebreed sold generally steady in a narrow comparison.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
368 368 2 185.00 $185.00 $681 -5.00
420–433 429 3 190.00–195.00 $193.37 $830 -0.76
450–475 458 16 177.50–185.00 $181.19 $830 -2.16
527–535 530 5 170.00–174.00 $172.39 $914 -8.53
558–595 573 10 160.00–162.00 $160.61 $920 -11.88
603 603 4 163.00 $163.00 $983 +2.90
659–670 663 65 160.00–163.50 $160.88 $1,067
737 737 20 143.50 $143.50 $1,058 -5.62
753–779 770 13 135.00–141.00 $136.20 $1,049 -4.80
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
392 392 3 180.00 $180.00 $706
510 510 1 156.00 $156.00 $796 -14.00
555–580 564 8 148.00–165.00 $158.21 $892 +1.77
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
714 714 11 139.00 $139.00 $992
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1023 1023 2 119.00 $119.00 $1,217

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
478–488 483 12 158.50–164.50 $161.53 $780 -1.92
505–510 507 5 159.00–159.50 $159.30 $808 -0.20
553–590 578 58 146.00–158.00 $152.45 $881 -4.83
614–649 622 29 136.00–146.50 $144.07 $896 -0.07
660–695 674 19 133.00–135.00 $133.10 $897 +0.76
710 710 18 130.00 $130.00 $923 -4.25
791 791 10 129.00 $129.00 $1,020
830 830 37 124.50 $124.50 $1,033 -5.79
912 912 6 116.00 $116.00 $1,058
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
406–418 411 7 154.00–156.00 $154.87 $637 +2.60
455 455 6 151.00 $151.00 $687 -0.11
510 510 4 141.00 $141.00 $719 -7.68
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
748 748 8 125.00 $125.00 $935
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
367–383 376 7 140.00–142.50 $141.05 $530

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
482 482 5 167.00 $167.00 $805
500 500 1 162.50 $162.50 $812
633 633 2 138.00 $138.00 $874
670–677 674 5 129.00–131.00 $129.80 $875
791 791 7 125.50 $125.50 $993 +1.50
923 923 2 101.00 $101.00 $932

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1292–1303 1296 80-85% 5 66.50–67.50 $67.10 $870
1320–1410 1356 80-85% 6 66.00–68.00 $66.85 $906 +10.63
1279–1525 1363 80-85% 13 55.50–58.00 $56.63 $772 +0.41
1275–1508 1396 80-85% 13 56.00–60.75 $59.79 $835 -2.79
1300–1595 1407 80-85% 6 62.50–66.25 $64.86 $913 +9.94
1285–1595 1423 80-85% 30 61.00–65.50 $63.30 $901 +8.38
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
880–995 948 85-90% 3 51.00–59.50 $55.83 $529 +4.83
1055–1290 1191 85-90% 17 56.00–59.50 $57.32 $683 -1.01
1150–1293 1214 85-90% 5 54.50–62.00 $57.41 $697 -2.07
1185–1260 1215 85-90% 8 60.00–65.50 $62.62 $761 +3.14
1150–1369 1284 85-90% 25 58.00–64.50 $60.93 $782
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1405–1540 1439 75-80% 17 63.50–65.50 $64.32 $926 +8.85
1560–1615 1588 75-80% 2 54.00–59.00 $56.46 $897
1530–1843 1632 75-80% 14 61.00–66.50 $64.40 $1,051 +0.76
N/N/A ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1535 1535 65-75% 4 64.25 $64.25 $986

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1178–1315 1224 3 87.50–88.00 $87.82 $1,075
1425–1960 1699 13 73.00–83.00 $77.29 $1,313
1675–2190 1994 10 83.00–89.00 $85.94 $1,714
1865–2260 2037 11 91.00–97.00 $92.56 $1,885
YG2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
2185 2185 1 89.00 $89.00 $1,945

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
965 thin fleshed 965 (<2 yrs)Open 1 70.00 $70.00 $676
810–1293 1038 (<2 yrs)Open 35 80.00–106.00 $95.50 $991
995–1215 1107 Young (2-4 yrs)Open 31 61.50–81.00 $68.50 $758
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
883 883 (<2 yrs)Open 2 80.00 $80.00 $706
995 995 Young (2-4 yrs)Open 1 60.00 $60.00 $597
Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1010 1010 (<2 yrs)Open 1 87.00 $87.00 $879

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1063–1228 1129 Young (2-4 yrs)1st Stage (1-3 mo) 5 900.00–1,000.00 $943.51
1355 1355 Middle Aged/Aged (>5 yrs)1st Stage (1-3 mo) 2 835.00 $835.00

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What does "Medium and Large 1" mean?

USDA feeder grades describe frame size and muscle thickness, not quality of the individual animal. "Medium and Large" is the frame score; the number is muscle (1 = heaviest muscled). "Medium and Large 1–2" pens mix both muscle scores — common across the Southeast.

What is $/cwt?

Dollars per hundredweight — per 100 lb of animal. A 500-lb calf at $450/cwt brings 5 × $450 = $2,250. Lighter cattle usually bring more per cwt but less per head.

Why are some prices per head?

Bred cows, cow-calf pairs, and some replacement classes sell by the head, not by weight. We show those exactly as USDA reports them — a $/head figure is never converted into $/cwt on this site.

Where do these numbers come from?

From the USDA Agricultural Marketing Service's Livestock Market News — federal reporters at the sale. We publish each report in full and link the official USDA document at the top of the page.