Cattle Market Pulse

Billings Livestock Commission Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Thursday, June 15, 2023

914 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 heifers $239.50/cwt -4.58 vs last sale · ≈ $1,516/hd at 633 lb · 31 head
heavy 4-weight M&L 1-2 heifers $240.00/cwt ≈ $1,121/hd at 467 lb · 12 head
light 7-weight M&L 1 steers $257.01/cwt ≈ $1,879/hd at 731 lb · 10 head
HeadThis saleLast saleLast year
Total receipts 914 1,483 1,030
Feeder cattle 182 550 425
Slaughter cattle 468 439 441
Replacement cattle 264 494 164

Compared to last week: Steers and heifers were too lightly tested last week to develop an accurate market trend, however steady undertones were noticed. Quality this sale was mostly plain to average. No load lots were seen today. Cattle were mostly offered in small packages or as singles. Demand for limited feeder cattle remains good. A good crowd was on hand for todays sale, with several ranchers in the stands buying grass feeders and pair offerings. Weigh up cows sold on mostly moderate demand and offerings. Packers showed moderate demand for slaughter cows today. Slaughter cows sold steady to 3.00 lower on all classes. Feeding cows sold steady to 2.00 lower. Slaughter bulls sold mostly 1.00-2.00 lower. Weigh up conditions were mixed. Young age cows suitable to feed or rebreed sold steady to firm. Several buyers looking for turn out cows showed stronger demand this week and pushed this class higher. Quality this week was mostly average to attractive.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
650–675 663 3 265.00–275.00 $268.27 $1,779 -10.01
710–744 731 10 255.00–265.00 $257.01 $1,879
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
565 565 6 265.00 $265.00 $1,497 -12.50
840 840 4 212.50 $212.50 $1,785
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
785 785 1 227.00 $227.00 $1,782

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
580 580 4 246.00 $246.00 $1,427 -12.26
633 633 31 239.50 $239.50 $1,516 -4.58
652 652 3 230.00 $230.00 $1,500 -0.25
705 705 1 219.00 $219.00 $1,544 +7.21
755 755 1 211.00 $211.00 $1,593 +1.00
813 813 2 194.00 $194.00 $1,577 -5.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
467 467 12 240.00 $240.00 $1,121
608 608 2 235.00 $235.00 $1,429
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
454–470 459 6 200.00–220.00 $206.82 $949 -27.18
503 503 3 217.50 $217.50 $1,094 +7.50

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
475 475 1 235.00 $235.00 $1,116 -10.00
508–528 518 4 240.00–245.00 $242.45 $1,256
570–585 579 5 220.00–232.50 $228.47 $1,323
Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1068–1095 1077 6 156.00–157.00 $156.34 $1,684
1153 1153 2 144.00 $144.00 $1,660
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
965 965 2 169.00 $169.00 $1,631
1033 1033 4 165.00 $165.00 $1,704
1060 1060 1 161.00 $161.00 $1,707 +2.50
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
702–715 705 4 202.00–215.00 $211.71 $1,493
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
403 403 3 220.00 $220.00 $887

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Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
975 975 85-90% 2 79.00 $79.00 $770
985 985 85-90% 2 75.00 $75.00 $739
1000 1000 85-90% 1 62.50 $62.50 $625
1020 1020 85-90% 1 81.00 $81.00 $826
900–1295 1123 85-90% 23 85.00–91.00 $88.69 $996 -14.81
1045–1270 1191 85-90% 37 100.00–116.50 $104.95 $1,250
1170–1295 1210 85-90% 4 99.00–104.00 $100.23 $1,213 +12.78
1080–1295 1212 85-90% 55 89.00–97.50 $94.35 $1,144 +0.54
995–1303 1232 85-90% 45 91.00–99.00 $96.42 $1,188 +2.61
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1239–1434 1338 80-85% 65 94.00–103.00 $97.78 $1,308
1288–1395 1341 80-85% 8 85.00–93.00 $89.61 $1,202
1260–1505 1383 80-85% 16 94.00–99.50 $96.12 $1,329 -2.38
1235–1695 1426 80-85% 34 104.00–111.00 $106.79 $1,523 +16.76
1410–1540 1468 80-85% 3 90.00–93.00 $90.96 $1,335 -17.80
1470 1470 80-85% 1 102.00 $102.00 $1,499 -6.76
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1515 1515 75-80% 2 103.50 $103.50 $1,568 -3.75
1541 1541 75-80% 15 110.00 $110.00 $1,695 +2.75
1505–1780 1628 75-80% 6 103.00–108.00 $105.44 $1,717
1555–1835 1654 75-80% 7 95.00–99.00 $97.60 $1,614 -12.40
1655 1655 75-80% 1 104.50 $104.50 $1,729 -5.50

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1213 1213 2 141.00 $141.00 $1,710 +33.81
1365 1365 1 119.00 $119.00 $1,624
1375 1375 2 103.00 $103.00 $1,416
1515–2003 1710 19 97.00–113.00 $108.13 $1,849
1555–2115 1787 30 112.00–125.00 $119.40 $2,134
1780–2105 1940 18 125.00–130.00 $127.22 $2,468

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
695–1285 977 (<2 yrs)Open 84 129.00–200.00 $161.93 $1,582
887–1480 1080 Young (2-4 yrs)Open 74 100.00–160.00 $125.96 $1,360
1139–1303 1202 (<2 yrs)Open 26 129.00–137.50 $132.54 $1,593
1160–1490 1257 Young/Middle Aged (2-8 yrs)Open 29 90.00–102.50 $97.96 $1,231
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
815–1041 924 (<2 yrs)Open 16 120.00–158.00 $140.17 $1,295
880–1205 1012 Young (2-4 yrs)Open 8 92.00–120.00 $106.07 $1,073
Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1123 1123 Young (2-4 yrs)Open 2 109.00 $109.00 $1,224

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1315 1315 Young (2-4 yrs)3rd Stage (7-9 mo) 1 1,675.00 $1,675.00
1525 1525 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 1,450.00 $1,450.00
1555 1555 Middle Aged (5-8 yrs)3rd Stage (7-9 mo) 2 1,650.00 $1,650.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1155 1155 Young (2-4 yrs)3rd Stage (7-9 mo) 1 1,650.00 $1,650.00
1176 1176 Middle Aged/Aged (>5 yrs)3rd Stage (7-9 mo) 3 1,425.00 $1,425.00

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1285 1285 (<2 yrs)3rd Stage (7-9 mo) 1 1,700.00 $1,700.00

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Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1255 1255 Aged (>8 yrs)Open 2 1,800.00 $1,800.00
1315 1315 Aged (>8 yrs)Open 1 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.