Cattle Market Pulse

Billings Livestock Commission Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Thursday, July 14, 2022

1,120 head sold ·Official USDA report

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

light 5-weight M&L 1 bulls $200.00/cwt ≈ $1,086/hd at 543 lb · 49 head
heavy 4-weight M&L 1 bulls $212.50/cwt ≈ $1,024/hd at 482 lb · 20 head
light 6-weight M&L 1 steers $187.18/cwt ≈ $1,171/hd at 626 lb · 18 head
HeadThis saleLast saleLast year
Total receipts 1,120 887 0
Feeder cattle 236 111 0
Slaughter cattle 526 621 0
Replacement cattle 358 155 0

Compared to last week: Feeder steers and heifers were all too lightly tested to develop an accurate market trend, however higher undertones were noticed. Quality was mostly plain to average this week and most offerings were sold in small packages or as singles. Demand for feeder cattle was mostly mostly good. Market activity this week was mostly moderate to active. Weigh up cows and bulls comprised most of the offering this sale. Demand for cows was mostly good. Demand from western packers continues to support cow prices. Slaughter cows sold mostly steady to frim, however prices did slide late in the sale as buyers filled loads. Feeding cows sold fully steady. Several independent feeders were in the market this week and this helped support feeding cow prices as eastern packers showed lighter demand for both slaughter and feeding cows. Slaughter bulls sold mostly steady to 2.00 lower. Cow and bull quality was average to very attractive. Weigh up conditions were mixed this week. Young age cows suitable to feed or rebreed continue to sell on moderate to good demand. Quality this week was mostly average. These offerings sold generally steady.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
518–530 524 4 200.00–203.00 $201.52 $1,056
616 616 10 185.00 $185.00 $1,140
600–643 638 8 189.50–193.00 $189.91 $1,212
703 703 2 179.00 $179.00 $1,258 +2.00
805–825 817 3 167.00–170.00 $168.51 $1,377 -0.49
860–867 865 5 160.00–172.00 $169.11 $1,463 +10.11
965 965 4 160.00 $160.00 $1,544
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
523 523 2 198.00 $198.00 $1,036
663 663 2 184.00 $184.00 $1,220
740 740 2 160.00 $160.00 $1,184
765–790 778 3 159.00–168.00 $164.96 $1,283

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
628–643 638 9 168.00–169.00 $168.33 $1,074 +10.33
783–786 786 12 160.00–162.00 $160.33 $1,260 +14.75
950 fancy 950 3 150.00 $150.00 $1,425
953 953 2 145.00 $145.00 $1,382
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
504 504 7 169.00 $169.00 $852
560 560 3 171.00 $171.00 $958
700 700 2 158.00 $158.00 $1,106
775 775 1 150.00 $150.00 $1,162
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
601 601 4 163.00 $163.00 $980
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1153 1153 2 105.00 $105.00 $1,211

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
482 thin fleshed 482 20 212.50 $212.50 $1,024
543 thin fleshed 543 49 200.00 $200.00 $1,086
669 669 2 173.00 $173.00 $1,157
864 864 10 154.00 $154.00 $1,331
948 948 13 138.00 $138.00 $1,308
950–980 965 4 136.00–140.00 $138.03 $1,332
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1005 1005 1 132.00 $132.00 $1,327
1090 1090 1 120.00 $120.00 $1,308
1195 1195 1 119.00 $119.00 $1,422

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1190–1610 1298 80-85% 29 72.00–79.00 $77.54 $1,006
1283–1685 1357 80-85% 80 78.00–86.00 $81.56 $1,107 +5.90
1336–1595 1397 80-85% 12 79.00–80.50 $79.93 $1,117 -7.51
1220–1515 1405 80-85% 20 87.50–89.75 $88.11 $1,238 +4.48
1340–1429 1408 80-85% 7 87.00–90.00 $88.14 $1,241 +4.51
1155–1715 1412 80-85% 149 81.00–86.50 $83.78 $1,183 +0.15
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
975 975 85-90% 1 71.00 $71.00 $692 -7.00
984–1220 1062 85-90% 5 76.00–79.00 $77.06 $818 -10.94
1022–1247 1159 85-90% 19 79.00–86.00 $82.25 $953 +8.41
1060–1265 1176 85-90% 12 71.00–79.00 $74.80 $880 +0.96
1060–1311 1230 85-90% 28 80.50–87.00 $83.44 $1,026 +2.03
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1535 1535 75-80% 1 89.00 $89.00 $1,366
1534–1660 1557 75-80% 22 85.00–87.00 $86.38 $1,345
1505–1790 1600 75-80% 3 88.00–89.50 $88.94 $1,423 +3.19
1780 1780 75-80% 1 85.50 $85.50 $1,522
1870 1870 75-80% 1 71.00 $71.00 $1,328

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1265 1265 1 79.00 $79.00 $999 -31.20
1230–1415 1305 3 83.50–93.00 $88.59 $1,156
1460 1460 1 101.00 $101.00 $1,475
1330–2050 1565 21 79.00–97.00 $90.09 $1,410
1435–2170 1817 39 97.00–111.00 $105.73 $1,921
1655–2260 1994 8 113.00–122.00 $117.68 $2,347

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1000–1400 1117 (<2 yrs)Open 27 90.50–117.00 $105.78 $1,182
945–1490 1199 Young (2-4 yrs)Open 36 84.00–99.00 $87.18 $1,045
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
875–1005 940 Young (2-4 yrs)Open 2 79.50–100.00 $89.04 $837
988–1118 1078 (<2 yrs)Open 8 94.00–97.00 $95.78 $1,033
Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1190 1190 (<2 yrs)Open 1 94.00 $94.00 $1,119

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1181 1181 Young (2-4 yrs)Open 7 2,050.00 $2,050.00
1134–1409 thin fleshed 1278 Middle Aged/Aged (>5 yrs)Open 19 1,450.00–1,525.00 $1,496.22
1387 1387 Young (2-4 yrs)1st Stage (1-3 mo) 5 2,350.00 $2,350.00
1428–1457 1437 Aged (>8 yrs)Open 63 1,500.00–1,560.00 $1,540.49
1499 thin fleshed 1499 Aged (>8 yrs)Open 9 1,500.00 $1,500.00
1543 1543 Middle Aged/Aged (>5 yrs)Open 7 1,810.00 $1,810.00
1698 1698 Aged (>8 yrs)1st Stage (1-3 mo) 4 2,100.00 $2,100.00
1713 1713 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 3 2,400.00 $2,400.00
1738 1738 Middle Aged/Aged (>5 yrs)1st Stage (1-3 mo) 4 2,400.00 $2,400.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1142 1142 Aged (>8 yrs)Open 3 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
946 946 Young (2-4 yrs)Open 11 2,050.00 $2,050.00

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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.