Cattle Market Pulse

Billings Livestock Commission Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Thursday, September 14, 2023

850 head sold ·Official USDA report

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

heavy 8-weight M&L 1 steers $249.12/cwt +5.45 vs last sale · ≈ $2,156/hd at 865 lb · 131 head
heavy 7-weight M&L 1 heifers $248.13/cwt +16.42 vs last sale · ≈ $1,903/hd at 767 lb · 41 head
heavy 7-weight M 1 steers $252.01/cwt ≈ $1,973/hd at 783 lb · 28 head
HeadThis saleLast saleLast year
Total receipts 850 1,611 815
Feeder cattle 517 1,134 506
Slaughter cattle 245 462 270
Replacement cattle 88 15 39

Compared to last week: The majority of feeder offerings last week were heifers, while this week the majority of feeder offerings were steers. Not enough comparable sales were seen to develop an accurate market trend, however steady to higher undertones were noticed on all offerings. Demand for all feeder offerings was mostly good to very good. Quality this week was average to attractive, with several sets of home raised offerings seen. Most offerings were sold in small packages this week however demand was good for all packages sizes as buyers pieced together loads. Market activity was mostly active this week. Weigh up cows sold on mostly good to very good demand for light offerings. Packers showed very good demand for feeding cows again today. Feeding cows sold mostly steady to firm. Slaughter cows sold generally steady on boning and lean cows. Breaking cows sold with the best demand today as several buyers bid aggressively over attractive offerings. Breaking cows sold mostly 1.00-2.00 higher. Quality today was mostly average to attractive and similar to last week. Slaughter and feeding bulls sold fully steady. Weigh up conditions were mixed with some cows offering buyers good weigh conditions, while others were pushing fill. Young age cows suitable to feed or rebreed sold on very good demand today as rebreed buyers and feeding buyers both competed over offerings. Young age cows were too lightly tested last week to develop any market trend. 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
268 unweaned 268 4 345.00 $345.00 $925
517 unweaned 517 7 299.00 $299.00 $1,546 +19.00
703–726 723 23 264.50–267.00 $266.74 $1,929 +4.74
776 776 4 256.00 $256.00 $1,987 -4.50
827 827 5 251.50 $251.50 $2,080 -0.62
850–879 865 129 247.50–252.50 $249.23 $2,156 +5.56
893 893 2 242.00 $242.00 $2,161 -1.67
900–911 907 6 240.00–245.50 $243.68 $2,210 +8.68
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
696 696 6 272.00 $272.00 $1,893 +0.03
776–785 783 28 249.00–253.00 $252.01 $1,973
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
413 unweaned 413 2 305.00 $305.00 $1,260 +32.54
765–770 768 2 245.00–255.00 $249.98 $1,920 -0.02
911 911 4 235.00 $235.00 $2,141 +20.00
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1055 1055 4 210.00–220.00 $217.13 $2,291

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
263 unweaned 263 3 325.00 $325.00 $855
421 unweaned 421 5 272.50 $272.50 $1,147 +3.47
493 unweaned 493 5 265.00 $265.00 $1,306
526 unweaned 526 5 269.00 $269.00 $1,415 +21.00
713–719 716 17 249.00–254.00 $251.64 $1,802 +1.13
755–775 767 41 241.00–252.00 $248.13 $1,903 +16.42
863–882 867 13 230.00 $230.00 $1,994 +7.55
918 918 16 220.00 $220.00 $2,020 +6.45
960 960 2 211.00 $211.00 $2,026 -3.93
968 968 2 213.00 $213.00 $2,062 -1.93
1005 1005 2 212.00 $212.00 $2,131 +4.01
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
771 771 5 243.00 $243.00 $1,874 +22.00
838–848 844 17 228.00–230.00 $228.82 $1,931
878 878 4 210.00 $210.00 $1,844 -2.50
988 988 3 207.00 $207.00 $2,045
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
637 637 11 257.50 $257.50 $1,640 +5.50
783 783 13 241.00 $241.00 $1,887
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1084 1084 7 190.00 $190.00 $2,060 -17.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
718 718 5 225.00 $225.00 $1,616

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Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1110 1110 1 187.00 $187.00 $2,076 +9.27
1268 1268 4 156.00 $156.00 $1,978

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1314–1547 1405 80-85% 24 97.00–104.00 $100.98 $1,419 -2.20
1258–1535 1449 80-85% 24 96.00–102.00 $99.42 $1,441 -3.76
1275–1575 1458 80-85% 47 105.00–114.00 $111.85 $1,631 -4.97
1423–1473 1462 80-85% 15 115.50–118.50 $115.96 $1,695 -0.86
1421–1623 1466 80-85% 9 106.00–113.50 $107.85 $1,581 -8.97
1410–1605 1514 80-85% 4 116.00–119.50 $118.55 $1,795 +20.63
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1576–1695 1585 75-80% 13 116.00–117.50 $116.12 $1,841 +1.63
1438–1795 1637 75-80% 10 113.00–116.00 $114.19 $1,869
1510–1805 1644 75-80% 23 117.00–120.00 $117.56 $1,933
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1010–1395 1166 85-90% 8 83.00–95.00 $88.58 $1,033 -17.46
1215–1242 1229 85-90% 6 101.00–103.00 $101.99 $1,253 +10.31
1100–1380 1244 85-90% 6 91.00–98.00 $95.46 $1,188 +3.78
1248–1280 1260 85-90% 11 100.00–103.50 $101.91 $1,284 +25.36

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1481–1695 1524 5 114.00–117.00 $116.33 $1,773
1440–1890 1610 8 106.00–113.50 $110.27 $1,775 +2.24
1365–1870 1622 6 92.50–113.00 $108.32 $1,757 +0.29
1585–2410 1912 16 115.00–123.50 $118.88 $2,273
1870–1960 1915 2 124.00–129.00 $126.56 $2,424

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
818–1358 1072 (<2 yrs)Open 29 128.00–191.00 $157.84 $1,692
1168–1390 1223 Young (2-4 yrs)Open 9 105.00–126.00 $120.27 $1,471
1392 1392 Young/Middle Aged (2-8 yrs)Open 15 118.50 $118.50 $1,650
Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
980 thin fleshed 980 (<2 yrs)Open 7 137.00 $137.00 $1,343
1120–1135 1128 (<2 yrs)Open 2 130.00 $130.00 $1,466
970–1290 1137 Young (2-4 yrs)Open 3 105.00–113.00 $109.92 $1,250

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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.