Cattle Market Pulse

Billings Livestock Commission Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Thursday, January 5, 2023

3,763 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 $190.33/cwt +9.93 vs last sale · ≈ $1,279/hd at 672 lb · 249 head
heavy 5-weight M&L 1 steers $212.32/cwt +12.03 vs last sale · ≈ $1,207/hd at 569 lb · 235 head
heavy 5-weight M&L 1 heifers $188.15/cwt +12.18 vs last sale · ≈ $1,093/hd at 581 lb · 218 head
HeadThis saleLast saleLast year
Total receipts 3,763 3,772 1,718
Feeder cattle 3,468 3,158 1,646
Slaughter cattle 207 429 55
Replacement cattle 88 185 17

Compared to last sale(12-15-22): Steer calves sold mostly 5.00-10.00 higher on all offerings. Heifer calves under 500 lbs sold generally steady, heifers over 500 lbs sold 7.00-10.00 higher. Quality this week was mostly average to very attractive. Cattle were offered in a variety of package sizes, however most packages were small to medium in size. Heifer quality under 500 lbs was mostly plain to average. Demand for calves mostly good to very good. Cattle destined for wheat or grass sold with very good demand. Heavier weight cattle destined for the feedlot sold on moderate to good demand, with good interest seen from cooperate packer buyers. Most calves were long weaned, from 50-90 days. A large buyer pool was on hand this sale and market activity was mostly active to very active as a result. Weigh up cows sold on mostly good demand for light to moderate offerings. A large winter storm has much of the northern plains buried in snow and has packers searching for cows for immediate harvest. Slaughter cows sold mostly 5.00-9.00 higher on all classes. Feeding cows sold 2.00-4.00 higher in a narrow comparison. Slaughter bulls sold mostly 10.00-12.00 higher. Young age cows suitable to feed or rebreed sold steady to 5.00 higher 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
350–391 372 26 264.00–277.50 $271.47 $1,010 +1.01
405–443 433 16 247.00–263.00 $249.71 $1,081 +2.90
450–493 475 79 232.50–253.00 $239.76 $1,139 +11.91
511 unweaned 511 9 232.00 $232.00 $1,186 +26.41
503–548 516 70 215.00–236.00 $225.90 $1,166 +11.71
559–565 unweaned 560 35 212.00–219.50 $216.12 $1,210 +16.50
555–598 570 200 207.00–215.00 $211.65 $1,206 +10.05
601 unweaned 601 8 209.50 $209.50 $1,259 +21.73
600–642 617 204 186.00–212.00 $201.68 $1,244 +12.50
668 thin fleshed 668 53 197.50 $197.50 $1,319
652–691 672 157 182.00–193.00 $189.06 $1,270 +5.62
676–686 unweaned 677 39 183.00–186.00 $185.69 $1,257 +10.63
704–736 725 68 180.00–189.50 $187.74 $1,361 +11.74
750–770 unweaned 757 28 170.00–173.00 $171.09 $1,295
750–798 772 78 175.00–183.50 $180.50 $1,393 +12.50
824–834 830 16 174.00–181.00 $177.04 $1,469 -0.96
907 907 6 165.00 $165.00 $1,497
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
335 335 2 250.00 $250.00 $838
356 356 4 245.00 $245.00 $872
427–443 432 7 217.50–232.50 $228.10 $985 -11.90
460–481 472 13 205.00–212.50 $209.21 $987 -0.79
487 unweaned 487 5 211.00 $211.00 $1,028 +12.79
505–547 525 47 192.50–210.00 $198.88 $1,044 +21.38
550–591 572 49 190.00–205.00 $197.22 $1,128 +18.05
618 unweaned 618 3 190.00 $190.00 $1,174 +20.00
623 623 2 186.00 $186.00 $1,159
667–680 669 12 177.00–186.00 $184.48 $1,234 +14.74
725–735 733 5 168.00–170.00 $168.40 $1,234
751 751 15 172.00 $172.00 $1,292
842–848 847 13 159.00 $159.00 $1,347
962 962 3 147.00 $147.00 $1,414
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
555 unweaned 555 6 190.00 $190.00 $1,054
586 586 9 191.00 $191.00 $1,119
705–746 unweaned 732 18 164.00–167.50 $165.12 $1,209
758 758 5 173.00 $173.00 $1,311
818 818 4 166.00 $166.00 $1,358
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
364 364 6 259.00 $259.00 $943 +2.50
477 477 11 225.00 $225.00 $1,073
539 539 5 213.00 $213.00 $1,148 +8.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
572 572 5 175.00 $175.00 $1,001

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
301 301 13 225.00 $225.00 $677
363 363 8 213.00 $213.00 $773 +14.00
409–445 423 99 210.00–219.00 $211.91 $896 -2.09
428 unweaned 428 6 206.00 $206.00 $882 -1.02
451–461 459 47 199.00–217.00 $210.58 $967 +14.01
459–460 unweaned 460 9 199.00–201.00 $199.89 $919 -6.01
500–543 518 159 190.00–203.00 $197.18 $1,021 +11.23
554–573 unweaned 565 17 186.00–192.00 $189.58 $1,071 +16.37
562–594 582 201 181.00–195.00 $188.03 $1,094 +26.03
606 fancy 606 17 187.00 $187.00 $1,133
602–641 628 141 171.00–182.50 $176.26 $1,107 +23.26
674 unweaned 674 38 164.50 $164.50 $1,109 +5.50
659–688 680 87 161.50–172.00 $169.45 $1,152 +9.45
712–749 724 63 159.50–165.00 $163.04 $1,180 -9.96
734 unweaned 734 8 166.00 $166.00 $1,218
774–784 781 28 154.00–165.50 $161.23 $1,259
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
360–397 368 36 200.00–210.00 $207.10 $762 +17.10
415–435 420 16 204.00–205.00 $204.06 $857 +27.52
455–488 470 28 191.00–200.00 $196.18 $922 +33.98
510–540 528 16 178.00–185.00 $180.37 $952 +19.72
555–591 584 31 167.00–178.00 $175.20 $1,023 +19.20
620–649 632 12 158.00–170.00 $163.46 $1,033 +13.46
653–690 673 17 150.00–158.00 $155.50 $1,047
706–737 724 26 145.00–155.00 $150.87 $1,092
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
365 365 14 206.00 $206.00 $752 +18.50
456–497 474 20 187.00–195.00 $190.77 $904 +25.38
490 unweaned 490 7 192.00 $192.00 $941 +17.00
506–534 516 26 178.00–189.00 $179.61 $927
552–590 575 39 167.00–175.00 $172.05 $989
618 618 12 165.00 $165.00 $1,020
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
570–593 580 7 158.00–174.00 $165.01 $957
647 647 26 150.00 $150.00 $970
711 unweaned 711 8 146.00 $146.00 $1,038
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
365 365 8 195.00 $195.00 $712 +49.78
429 429 5 182.00 $182.00 $781
579 579 4 151.00 $151.00 $874
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
591 unweaned 591 5 151.00 $151.00 $892
598 598 3 159.00 $159.00 $951

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
372 372 31 250.00 $250.00 $930
433 433 57 249.50 $249.50 $1,080
439 unweaned 439 8 229.00 $229.00 $1,005
532–538 534 12 187.00–197.00 $193.64 $1,034
563 563 2 183.00 $183.00 $1,030
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
645 645 26 147.00 $147.00 $948
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
667 667 8 178.00 $178.00 $1,187

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1306–1415 1344 80-85% 19 69.00–71.00 $70.13 $943
1315–1550 1421 80-85% 31 63.00–69.00 $67.42 $958 +7.97
1230–1588 1444 80-85% 38 69.50–75.50 $71.14 $1,027 +11.69
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
915–1265 1032 85-90% 3 57.00–64.00 $59.86 $618
1065 1065 85-90% 1 51.00 $51.00 $543
975–1260 1113 85-90% 11 55.00–64.00 $61.34 $683 -1.60
1127–1204 1162 85-90% 30 64.00–67.00 $65.94 $766 -5.53
1108–1327 1223 85-90% 8 64.00–69.00 $65.97 $807 +11.03
1253 1253 85-90% 2 74.50 $74.50 $933 +14.41
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1655 1655 75-80% 1 80.00 $80.00 $1,324 +8.34
1480–1915 1714 75-80% 6 62.00–73.00 $69.08 $1,184

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1368–1540 1468 8 83.00–92.00 $87.15 $1,279
1508–1965 1803 11 96.00–108.00 $103.72 $1,870 +12.72

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
884–1245 994 (<2 yrs)Open 29 83.00–107.00 $100.45 $998
820–1278 1088 Young (2-4 yrs)Open 14 66.00–90.00 $74.89 $815

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1159–1205 1163 Young (2-4 yrs)1st Stage (1-3 mo) 13 1,075.00 $1,075.00
1181 1181 Young (2-4 yrs)2nd Stage (4-6 mo) 4 1,200.00 $1,200.00
1404 1404 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 11 925.00 $925.00
1500 1500 Middle Aged/Aged (>5 yrs)2nd/3rd Stage (4-9 mo) 3 1,050.00 $1,050.00

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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.