Cattle Market Pulse

Billings Livestock Commission Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Thursday, January 12, 2023

1,463 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 heifers $183.49/cwt -13.69 vs last sale · ≈ $982/hd at 535 lb · 65 head
heavy 5-weight M&L 1 bulls $198.00/cwt +15.00 vs last sale · ≈ $1,170/hd at 591 lb · 34 head
heavy 4-weight M&L 1 heifers $196.72/cwt -12.15 vs last sale · ≈ $950/hd at 483 lb · 29 head
HeadThis saleLast saleLast year
Total receipts 1,463 3,763 3,202
Feeder cattle 746 3,468 1,288
Slaughter cattle 505 207 1,285
Replacement cattle 212 88 629

Compared to last week: Steer and heifer calves were all too lightly tested to develop any market trend. Quality this sale was mostly plain to average and significantly lower than last weeks offering. Most calves were offered in very small packages or as singles. Demand was mostly moderate for light offerings. Market activity was mostly moderate. Weigh up cows comprised most of the offering this week. Packer buyers were slightly less agressive this week on slaughter cows, howevever demand did improve as the sale progressed. Breaking cows sold fully steady in a narrow compairson. Boning and lean cows sold mostly steady to 2.00 lower. Feeding cows sold generally steady. Cow quality this week was average to attractive and better overall compared to last week. Slaughter bulls sold generally steady to weak. Weigh up conditions were mostly average to below average this week and poorer comparared to last week. Yearlings were included in the stock cow section of the report below. Young age cows suitable to feed or rebreed 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
329 329 6 260.00 $260.00 $855
430 unweaned 430 1 253.00 $253.00 $1,088
436 436 6 245.00 $245.00 $1,068 -4.71
455–464 463 13 235.00–242.50 $238.26 $1,103 -1.50
529–549 545 21 214.00–217.00 $216.45 $1,180 -9.45
567 unweaned 567 21 205.00 $205.00 $1,162 -11.12
580 580 1 190.00 $190.00 $1,102 -21.65
603–630 611 17 187.00–190.00 $188.64 $1,153 -13.04
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
345 unweaned 345 2 255.00 $255.00 $880
350 350 2 240.00 $240.00 $840 -5.00
370 unweaned 370 2 245.00 $245.00 $906
415 unweaned 415 18 248.00 $248.00 $1,029
435 435 3 227.50 $227.50 $990 -0.60
460 unweaned 460 3 220.00 $220.00 $1,012 +9.00
478–493 490 10 215.00–217.50 $217.01 $1,063 +7.80
505–543 516 7 202.00–205.00 $204.10 $1,053 +5.22
656 unweaned 656 12 175.00–177.00 $175.83 $1,153
678 678 4 168.00 $168.00 $1,139 -16.48
Medium 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
426 426 13 170.00 $170.00 $724
517 517 3 175.00 $175.00 $905
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
329 329 8 265.00 $265.00 $872
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
535 535 3 181.00 $181.00 $968

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
385 385 1 225.00 $225.00 $866 +12.00
427 427 9 222.00 $222.00 $948 +10.09
405–445 unweaned 433 16 205.00–213.00 $212.06 $918 +6.06
470–496 482 18 193.00–204.00 $198.48 $957 -12.10
460–486 unweaned 484 11 192.00–194.00 $193.83 $938 -6.06
524 524 13 191.00 $191.00 $1,001 -6.18
515–540 unweaned 538 52 181.50–183.00 $181.61 $977
562–594 582 11 166.00–179.00 $172.07 $1,001 -15.96
603–604 604 6 171.00 $171.00 $1,033 -5.26
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–310 307 7 204.00–212.50 $207.68 $638
405–415 413 6 200.00–210.00 $201.63 $833 -2.43
488 488 2 182.50 $182.50 $891 -13.68
540 540 2 187.00 $187.00 $1,010 +6.63
550 550 3 164.00 $164.00 $902 -11.20
633–638 636 8 161.00–164.00 $162.49 $1,033 -0.97
668 unweaned 668 8 148.00 $148.00 $989
718 718 2 156.00 $156.00 $1,120 +5.13
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
460–480 471 7 175.00 $175.00 $824 -15.77
Medium 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
600 unweaned 600 5 102.00 $102.00 $612

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
508–537 unweaned 528 19 210.00–211.00 $210.30 $1,110
591 unweaned 591 34 198.00 $198.00 $1,170
604–625 608 10 173.00–174.00 $173.21 $1,053
643 unweaned 643 8 174.00 $174.00 $1,119
750 750 2 163.00 $163.00 $1,222
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
746 746 7 149.00 $149.00 $1,112
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
284 284 7 280.00 $280.00 $795

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1235–1675 1346 80-85% 122 67.00–76.00 $70.47 $949 +0.34
1300–1458 1364 80-85% 21 59.00–66.50 $64.78 $884
1260–1495 1378 80-85% 2 77.00 $77.00 $1,061
1318–1625 1415 80-85% 68 53.00–65.00 $60.26 $853 -7.16
1535 1535 80-85% 1 77.50 $77.50 $1,190
1385–1650 1543 80-85% 14 65.00–75.00 $69.84 $1,078
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
830 830 85-90% 1 43.00 $43.00 $357
900 900 85-90% 1 60.00 $60.00 $540
925–988 974 85-90% 6 48.50–54.00 $50.76 $494
1155 1155 85-90% 2 57.00 $57.00 $658 -8.94
1045–1275 1180 85-90% 15 61.00–68.00 $63.26 $746 -2.68
1185 1185 85-90% 1 48.00 $48.00 $569 -17.94
995–1213 1197 85-90% 30 69.00–74.00 $69.35 $830 +3.41
1005–1338 1202 85-90% 76 50.00–61.50 $57.53 $692 -8.44
1018–1345 1226 85-90% 49 60.00–66.50 $62.36 $765 -3.61
1295 1295 85-90% 3 67.50–73.00 $71.17 $922
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1360–1680 1566 75-80% 8 74.00–76.50 $75.79 $1,187
1290–1945 1626 75-80% 26 64.00–72.50 $69.41 $1,129
1702 1702 75-80% 3 77.50 $77.50 $1,319 +8.42
N/N/A ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1330 1330 65-75% 1 86.50 $86.50 $1,150
1400–1552 1514 65-75% 4 92.00–93.00 $92.23 $1,396

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1230 1230 1 60.00 $60.00 $738
1590 1590 1 87.00 $87.00 $1,383
1560–1760 1658 5 94.00–102.00 $97.83 $1,622
1510–2105 1772 10 84.00–94.00 $88.15 $1,562
1695–2410 1856 19 95.00–102.00 $98.55 $1,829
YG2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1975 1975 1 96.00 $96.00 $1,896

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
835–1270 929 (<2 yrs)Open 45 129.00–154.00 $149.87 $1,392
835–1315 1011 Young (2-4 yrs)Open 68 71.00–106.00 $91.39 $924
862–1150 1056 Young/Middle Aged (2-8 yrs)Open 37 80.00–95.00 $89.43 $944
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
785–828 819 (<2 yrs)Open 5 145.00–146.00 $145.81 $1,194
1020 1020 Young (2-4 yrs)Open 1 75.00 $75.00 $765

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1030–1075 1053 Young (2-4 yrs)1st Stage (1-3 mo) 4 1,050.00–1,075.00 $1,062.77
1355–1400 1377 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 7 925.00–1,025.00 $979.16
1505 1505 Middle Aged/Aged (>5 yrs)3rd Stage (7-9 mo) 1 1,125.00 $1,125.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1270 1270 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 2 900.00 $900.00

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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.