Cattle Market Pulse

Billings Livestock Commission Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Thursday, February 2, 2023

998 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 $196.34/cwt +2.51 vs last sale · ≈ $1,227/hd at 625 lb · 90 head
heavy 6-weight M&L 1 steers $189.54/cwt +0.03 vs last sale · ≈ $1,302/hd at 687 lb · 76 head
heavy 4-weight M&L 1 heifers $210.50/cwt +7.95 vs last sale · ≈ $996/hd at 473 lb · 56 head
HeadThis saleLast saleLast year
Total receipts 998 4,438 2,761
Feeder cattle 696 3,586 2,236
Slaughter cattle 214 507 390
Replacement cattle 88 345 135

Compared to last week: All feeder cattle were too lighly tested today to develop an accurate market trend, however steady to firm undertones were noted on steers under 750 lbs and higher undertones were noticed on steers over 750 lbs. Heifer calves sold with higher undertones on all offerings. Quality today was mostly average to attractive. Demand was mostly good for light to moderate offerings. Most calves sold in small to moderate size packages. Most calves were long weaned from 60-90 days. Orderbuyers, buying for packers, continue to show very good demand for high quality heavy weight offerings. Market activity was mostly active today, dispite a lighter offering. Weigh up cows sold on mostly good to very good demand for mostly light offerings. Packers showed mostly very good demand for cows for immidiate harvest as they pushed to own as many offerings as possible. Slaughter cows sold mostly 7.00-10.00 higher on boning and breaking cows, however the largest advance was seen on lean cows which sold sharply higher, with mostly sales 12.00-17.00 higher. Extremely cold weather has limited the availibily of cows as cold weather has kept cows from coming to auction. Slaughter bulls sold 2.00-5.00 higher in a narrow compairson. Young age cows suitable to feed or rebreed were too lightly tested to develop any market trend. Compairsons are difficult as last week had several consignments of fancy one iron, homeraised, ranch tested open, young cows, while quality this week was not as attractive.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
475–485 478 3 230.50–234.00 $232.82 $1,113 -3.44
518–523 519 19 213.00–233.00 $230.88 $1,198 +9.58
554–569 562 14 208.00–219.00 $213.43 $1,199 +6.67
618–639 625 90 196.00–196.50 $196.34 $1,227 +2.51
658–693 687 76 189.25–191.00 $189.54 $1,302 +0.03
782 782 27 187.00 $187.00 $1,462 +5.71
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
391 391 8 235.00 $235.00 $919 -5.40
410–421 417 8 217.50–233.00 $227.28 $948 -1.22
560 560 4 201.00 $201.00 $1,126 +10.86
665 665 4 180.00 $180.00 $1,197 +5.00
821 821 13 168.00 $168.00 $1,379 +7.00
962 962 13 149.50 $149.50 $1,438
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
397 397 15 220.00 $220.00 $873
495 495 2 205.00 $205.00 $1,015 ±0.00

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
473 473 56 210.50 $210.50 $996 +7.73
505–529 524 25 203.00–207.50 $203.87 $1,068 +5.64
559–566 562 24 185.00–192.00 $189.77 $1,067 +0.77
611 611 9 186.00 $186.00 $1,136 +6.81
653–673 661 13 166.00–177.00 $172.46 $1,140 +2.86
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
364–391 372 36 196.00–203.00 $199.24 $741 -0.76
426–448 435 12 190.00–197.00 $193.00 $840 -4.81
590 590 7 176.00 $176.00 $1,038 +5.60
618 618 2 179.00 $179.00 $1,106 +13.59
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
450 450 10 181.00 $181.00 $814 -17.00
523 523 19 171.00 $171.00 $894
681 681 4 161.00 $161.00 $1,096
Medium 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
353 353 3 155.00 $155.00 $547
493 493 2 122.50 $122.50 $604
500 500 4 105.00 $105.00 $525
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
301 301 5 165.00 $165.00 $497

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455 455 1 237.50 $237.50 $1,081
505–540 519 5 192.50–197.00 $195.13 $1,013
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
418 418 2 197.50 $197.50 $826
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1045 1045 1 122.00 $122.00 $1,275

↑ Back to top

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
910–995 954 85-90% 9 64.00–74.00 $66.42 $634 +8.74
1060–1140 1087 85-90% 3 58.00–62.00 $60.60 $659 -4.19
1088–1265 1170 85-90% 44 80.00–87.00 $84.84 $993 +23.27
1050–1293 1186 85-90% 18 74.00–79.00 $76.81 $911 +1.78
963–1298 1189 85-90% 46 82.00–89.25 $87.50 $1,040 +12.47
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1283–1460 1353 80-85% 34 83.00–86.00 $84.44 $1,142 +9.36
1355 1355 80-85% 1 83.00 $83.00 $1,125 +7.92
1310–1475 1415 80-85% 17 77.00–82.00 $80.42 $1,138 +11.28
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1423–1730 1516 75-80% 9 84.50–89.50 $86.58 $1,313
1715 1715 75-80% 1 80.00 $80.00 $1,372

↑ Back to top

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1237 1237 6 105.00 $105.00 $1,299
1420 1420 1 94.00 $94.00 $1,335
1427–1900 1579 10 80.00–97.00 $93.10 $1,470
1795–1990 1860 4 101.00–105.00 $102.07 $1,899

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
813–1305 991 Young (2-4 yrs)Open 36 84.00–110.00 $100.61 $997
873–1168 1023 (<2 yrs)Open 7 130.00–144.50 $134.07 $1,372
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
770–1140 905 (<2 yrs)Open 14 110.00–141.50 $126.16 $1,142
968 968 Young (2-4 yrs)Open 2 90.00 $90.00 $871

↑ Back to top

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1010 1010 Young (2-4 yrs)2nd Stage (4-6 mo) 2 1,150.00 $1,150.00
1045–1242 1125 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 11 1,085.00–1,100.00 $1,091.02
1160 1160 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 6 1,050.00 $1,050.00

↑ Back to top

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.