Cattle Market Pulse

Billings Livestock Commission Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Thursday, March 10, 2022

1,314 head sold ·Official USDA report

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

light 6-weight M&L 1 steers $179.43/cwt -1.38 vs last sale · ≈ $1,138/hd at 634 lb · 175 head
light 5-weight M&L 1 heifers $184.06/cwt -0.75 vs last sale · ≈ $972/hd at 528 lb · 99 head
heavy 4-weight M&L 1 heifers $194.97/cwt +2.48 vs last sale · ≈ $883/hd at 453 lb · 94 head
HeadThis saleLast saleLast year
Total receipts 1,314 3,033 4,354
Feeder cattle 1,005 1,698 2,505
Slaughter cattle 141 736 345
Replacement cattle 168 599 1,504

Compared to last week: Feeder steers all sold steady to 5.00 lower on all weights in a narrow comparison. Heifers sold generally steady on all weights. Quality this week was mixed from plain to attractive. Outside of the consigned groups of cattle quality was mostly plain this week. Demand for feeder cattle was mostly moderate to good today despite light offerings. Grass cattle buyers continue to show good demand for cattle suitable to run as yearlings. Recent snowfall has moisture totals on par with historical averages which has created some optimism for yearlings. Bigger feedlot ready cattle sold with the lightest demand this week as grain prices have seen huge price increases in the last 3 weeks. Market activity was mostly moderate to active this week with a strong pool of buyers actively bidding on offerings. Weigh up cows sold on mostly good to very good demand. Packer buyers showed very good demand for cows for immediate harvest. Lean cows sold with the strongest demand as packers are searching for lean product to blend down all the fed cows currently hitting the market. Slaughter cows sold mostly 2.00-3.00 higher on all classes of cows. Feeding cows sold mostly 3.00-4.00 higher in a narrow comparison. Packers purchased mostly very high quality cows to feed this week. Slaughter bulls sold mostly 2.00 higher in a narrow comparison. Young age cows sold on good to very good demand. These offerings were purchased for both feeding and rebreeding purposes. Steady undertones were noticed on all offerings.

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
373–375 374 5 215.00–221.00 $217.41 $813
431 431 8 217.50 $217.50 $937 -0.27
477–492 480 54 211.00–213.00 $212.47 $1,020 -6.09
510–542 539 89 200.00–207.50 $206.74 $1,114 -5.64
568–570 568 7 184.00–194.00 $192.57 $1,094 -10.70
610–647 634 175 175.00–180.50 $179.43 $1,138 -1.38
683–688 684 15 165.00–167.00 $166.60 $1,140 -6.96
705–742 729 14 158.00–163.00 $159.73 $1,164 -8.01
763–791 783 11 149.00–149.50 $149.37 $1,170 -6.31
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
376–389 381 22 202.00–214.00 $207.93 $792
510–527 523 4 184.00–195.00 $186.68 $976 -10.36
603 603 3 170.00 $170.00 $1,025
690 690 4 160.00 $160.00 $1,104 -6.00
796 796 4 145.00 $145.00 $1,154

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
412 412 3 187.00 $187.00 $770 -0.76
450–472 453 94 186.00–196.50 $194.97 $883 +2.48
500–546 528 99 180.00–186.00 $184.06 $972 -0.75
555–597 578 9 167.00–175.50 $170.63 $986 +2.01
604–636 621 29 161.00–162.00 $161.56 $1,003 -4.73
654–676 664 15 152.00–165.50 $159.09 $1,056 -0.82
716 716 54 154.50 $154.50 $1,106 +4.38
813 813 17 145.00 $145.00 $1,179 -0.25
913 913 2 135.00 $135.00 $1,233
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
386 386 7 182.00 $182.00 $703 -2.51
405–445 431 31 170.00–180.00 $178.12 $768
471–494 482 10 170.00–180.00 $172.77 $833 -8.66
570 570 2 161.00 $161.00 $918 +10.43
603 603 6 154.00 $154.00 $929
696 696 8 142.00 $142.00 $988 +4.00
728 728 3 142.50 $142.50 $1,037 +5.50
753 753 3 142.00 $142.00 $1,069
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
427 427 9 185.50 $185.50 $792
491 491 9 180.50 $180.50 $886
546 546 4 169.00 $169.00 $923
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
452 452 19 150.00 $150.00 $678 -21.00
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
403 403 12 162.50 $162.50 $655

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Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1190 1190 1 109.00 $109.00 $1,297
1202–1225 1207 5 101.00–102.00 $101.80 $1,229
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
848 848 3 134.00 $134.00 $1,136 +4.00
933 933 2 133.50 $133.50 $1,246 +4.50

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Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
920 920 85-90% 1 78.00 $78.00 $718
965 965 85-90% 1 72.00 $72.00 $695 +8.03
1025–1338 1166 85-90% 19 63.00–74.00 $69.51 $810 +15.26
990–1275 1185 85-90% 35 75.00–79.50 $76.98 $912 +22.73
1135–1197 1188 85-90% 7 68.00–72.00 $71.45 $849 +17.20
1180–1230 1205 85-90% 2 81.00 $81.00 $976 -0.88
1170–1280 1225 85-90% 2 79.00–81.00 $80.04 $980 +6.21
1214–1250 1229 85-90% 7 58.00–60.00 $59.13 $727 -14.70
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1345 1345 80-85% 1 85.00 $85.00 $1,143
1313–1520 1400 80-85% 4 85.00–85.50 $85.23 $1,193 +2.03
1380–1468 1420 80-85% 5 77.50–83.00 $80.69 $1,146 +3.15
1455 1455 80-85% 1 71.00 $71.00 $1,033
1420–1570 1509 80-85% 4 70.50–74.50 $72.78 $1,098
1360–1613 1513 80-85% 14 77.00–83.50 $79.08 $1,196
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1740–1750 1745 75-80% 2 82.00–84.00 $83.00 $1,448

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1235 1235 1 80.00 $80.00 $988
1290 1290 1 94.00 $94.00 $1,213
1340 1340 1 84.00 $84.00 $1,126
1395–1605 1493 3 89.00–96.00 $92.50 $1,381
1630–2005 1911 5 97.00–102.00 $100.63 $1,923

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
810–1308 1063 Young (2-4 yrs)Open 38 77.00–115.00 $93.88 $998
865–1300 1065 (<2 yrs)Open 46 117.00–136.00 $125.90 $1,341
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
847–990 885 (<2 yrs)Open 8 113.00–120.00 $115.51 $1,022

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
967 967 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 14 1,035.00 $1,035.00
1233–1352 1319 Aged (>8 yrs)3rd Stage (7-9 mo) 29 935.00–1,075.00 $1,038.90
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1361 1361 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 9 79.00 $79.00 $1,075
1580 1580 Aged (>8 yrs)3rd Stage (7-9 mo) 2 78.00 $78.00 $1,232

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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.