Cattle Market Pulse

Billings Livestock Commission Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Thursday, May 26, 2022

2,938 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 $207.12/cwt ≈ $1,306/hd at 631 lb · 366 head
heavy 5-weight M&L 1 heifers $170.06/cwt +19.27 vs last sale · ≈ $981/hd at 577 lb · 274 head
heavy 6-weight M&L 1 heifers $162.03/cwt +9.03 vs last sale · ≈ $1,110/hd at 685 lb · 143 head
HeadThis saleLast saleLast year
Total receipts 2,938 1,420 2,703
Feeder cattle 1,955 167 1,517
Slaughter cattle 292 799 342
Replacement cattle 691 454 844

Compared to last week: Feeder steers and heifers were all too lightly tested last week to develop an accurate market trend, however higher undertones were noticed on a higher quality offering. Quality was mostly average to attractive this week. Several load lots were seen this week and these cattle were met with mostly good to very good demand. Many sets of cattle were developed for grass and were in light to moderate flesh. Demand for grass cattle was mostly good to very good, while cattle destined for the feedlot sold on mostly moderate demand. A good crowd was on hand for todays sold with both order buyers and ranchers actively bidding on offerings. Market activity was mostly active this week. Weigh up cows sold on light to moderate demand this sale. Packers opted to send most offerings to slaughter this week as cow quality was mostly plain to average. The limited offering of attractive cattle were purchased to feed. Slaughter cows sold mostly 2.00 lower on all offerings. Feeding cows sold steady to 1.00 lower. Weigh up conditions were mostly below average today as temperatures warmed into the low 80s and cows tanked up on water. Slaughter bulls sold generally steady. Several sets of cow calf and heifer pairs were seen today and these were met with mostly moderate demand. Quality was average to attractive. Young age cows suitable to feed or rebreed sold mostly 2.00-4.00 lower. Quality was mostly average today and not as many takers were seen for this class of cows.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
422–448 unweaned 435 6 201.00 $201.00 $874
453 unweaned 453 3 187.50 $187.50 $849
510–541 532 31 202.00–206.50 $203.62 $1,083
554–563 559 127 210.00–213.00 $211.24 $1,181
597 unweaned 597 6 188.00 $188.00 $1,122
608 608 3 186.00 $186.00 $1,131
615 thin fleshed 615 103 212.00 $212.00 $1,304
617–643 637 260 186.00–209.00 $205.43 $1,309
660–670 663 19 178.00–209.00 $201.25 $1,334 +12.25
746 746 4 160.00 $160.00 $1,194 +0.02
746 746 10 173.50 $173.50 $1,294 +13.52
765–776 774 29 153.00–159.00 $154.23 $1,194 +0.23
852 852 11 143.50 $143.50 $1,223
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
587–595 591 24 150.00–158.00 $153.69 $908
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
506 506 4 195.00 $195.00 $987
610–628 619 6 180.00–185.00 $182.54 $1,130
685 685 4 166.00 $166.00 $1,137
897 897 5 139.00 $139.00 $1,247
924 924 4 133.00 $133.00 $1,229

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
385 unweaned 385 4 167.50 $167.50 $645
445 unweaned 445 4 162.50 $162.50 $723
460 unweaned 460 3 167.50 $167.50 $770
462 462 9 178.00 $178.00 $822
505–523 515 44 175.00–180.00 $178.57 $920
544–549 unweaned 546 18 170.50–171.00 $170.70 $932
560–595 577 274 164.00–175.50 $170.06 $981 +19.27
611–643 630 22 160.00–168.50 $163.69 $1,031 +11.19
660–693 685 143 157.00–165.50 $162.03 $1,110 +9.03
700–725 716 72 146.00–154.00 $151.46 $1,084
717 717 15 163.00 $163.00 $1,169
756 756 7 147.00 $147.00 $1,111
797 797 3 148.00 $148.00 $1,180
807 807 33 141.00 $141.00 $1,138
812–845 817 21 141.75–144.00 $142.08 $1,161
863–865 864 16 138.00–141.50 $140.19 $1,211
968 968 13 121.00 $121.00 $1,171
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
524 524 18 154.00 $154.00 $807 -1.00
553–569 560 14 157.00–165.00 $160.48 $899
635 635 13 156.00 $156.00 $991 +19.00
667–670 668 16 147.00–147.50 $147.09 $983 +10.09
705–728 711 16 143.00–143.50 $143.13 $1,018
Medium and Large 1 ($/head)
Weight (lb) Avg wt Head Price range Avg $ Δ last sale
760 760 69 1,250.00 $1,250.00
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
457 457 11 165.00 $165.00 $754
601 601 4 157.50 $157.50 $947
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
567 567 15 142.00 $142.00 $805

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
666 666 9 165.00 $165.00 $1,099
965 965 2 124.00 $124.00 $1,197

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1290–1660 1342 80-85% 20 76.00–80.00 $78.55 $1,054
1400–1417 1411 80-85% 9 73.50–74.50 $74.17 $1,047 +2.94
1365–1470 1418 80-85% 2 80.00–80.50 $80.24 $1,138 +9.01
1359–1520 1422 80-85% 7 82.50–83.00 $82.73 $1,176 +0.73
1203–1557 1423 80-85% 38 63.00–72.00 $68.21 $971 -13.79
1300–1705 1446 80-85% 34 72.00–79.00 $74.63 $1,079 +3.04
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
840–910 875 85-90% 2 54.00–58.00 $56.08 $491
1015–1185 1092 85-90% 3 53.00–57.50 $55.61 $607
1175–1195 1182 85-90% 3 76.50–77.00 $76.83 $908 +7.85
1015–1515 1212 85-90% 50 59.00–72.00 $66.18 $802 -9.47
1010–1335 1240 85-90% 33 72.50–77.00 $73.92 $917 -1.73
1284 1284 85-90% 5 71.00 $71.00 $912
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1505–1612 1548 75-80% 9 71.50–75.50 $73.28 $1,134
1576–1898 1648 75-80% 9 79.50–83.50 $80.52 $1,327 +5.45
1870 1870 75-80% 1 74.00 $74.00 $1,384 -6.00

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1180 1180 1 72.00 $72.00 $850
1155–1498 1357 4 91.00–101.00 $93.83 $1,273 +9.58
1530–1890 1658 5 84.00–93.00 $89.24 $1,480
1520–2402 1964 14 95.50–105.00 $98.53 $1,935
1890–2300 2084 11 105.50–115.00 $110.59 $2,305

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
775–1385 977 (<2 yrs)Open 69 85.00–114.00 $105.92 $1,035
860–1465 1189 Young (2-4 yrs)Open 50 71.00–105.00 $87.45 $1,040
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
863 863 (<2 yrs)Open 2 77.00 $77.00 $665

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Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1173 1173 Young (2-4 yrs)3rd Stage (7-9 mo) 9 1,050.00 $1,050.00

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Medium 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
963 963 Young (2-4 yrs)3rd Stage (7-9 mo) 5 1,075.00 $1,075.00

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1192 1192 Young (2-4 yrs)Open 3 1,625.00 $1,625.00
1206–1474 1307 Young (2-4 yrs)Open 16 1,600.00–1,850.00 $1,744.23
1420 1420 Young/Middle Aged (2-8 yrs)Open 3 1,525.00 $1,525.00
1428 1428 Young/Middle Aged (2-8 yrs)Open 8 1,575.00 $1,575.00
1302–1643 1458 Aged (>8 yrs)Open 88 1,385.00–1,485.00 $1,416.94 -18.06
1465 thin fleshed 1465 Aged (>8 yrs)Open 2 1,200.00 $1,200.00
1365–1536 1517 Aged (>8 yrs)Open 9 1,300.00–1,375.00 $1,367.50
1480–1547 1530 Middle Aged (5-8 yrs)Open 12 1,510.00–1,825.00 $1,748.84
1565 1565 Middle Aged/Aged (>5 yrs)Open 10 1,425.00 $1,425.00
1535–1688 1613 Middle Aged/Aged (>5 yrs)Open 20 1,475.00–1,700.00 $1,508.26
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1350 1350 Young (2-4 yrs)Open 3 1,350.00 $1,350.00
1381–1433 1400 Aged (>8 yrs)Open 25 1,250.00 $1,250.00
1485 1485 Middle Aged/Aged (>5 yrs)Open 6 1,350.00 $1,350.00

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1225–1302 1253 Young (2-4 yrs)Open 14 1,610.00–1,850.00 $1,760.90
1253 1253 Young (2-4 yrs)Open 9 1,675.00 $1,675.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1121 1121 Young (2-4 yrs)Open 4 1,500.00 $1,500.00

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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.