Cattle Market Pulse

Billings Livestock Commission Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Thursday, January 18, 2024

430 head sold ·Official USDA report

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

HeadThis saleLast saleLast year
Total receipts 430 3,938 906
Feeder cattle 94 3,756 498
Slaughter cattle 261 98 307
Replacement cattle 75 84 101

Compared to last week: Extreme cold has been seen over the last week, with actual temperatures well below 0 and wind chills 40-60 below 0. Today and yesterday saw warmer temperatures but some light snowfall across the region. This has slowed the volume of cattle being marketed. Very light receipts were seen today. Not enough feeder cattle sold to develop any market trend. Demand was light to moderate for light offerings. Quality this week was mostly plain to average and mostly offered in small groups or as singles. Market activity was mostly moderate to active today. A small crowd was on hand for todays sale. Weigh up cows sold on good to very good demand for light offerings. Packers showed very good demand for slaughter cows. Many sales were canceled in the upper planes this past week due to weather and extreme cold. This had packers searching for offerings for immediate harvest as offerings available to the packer have been tight. Slaughter cows sold mostly 6.00-10.00 higher on breaking and boning cows, lean cows sold mostly 10.00-12.00 higher. Feeding cow buyers were aggressive as well. They bit aggressively against packer buyers in a search to fill loads for the week. Feeding cows sold mostly 8.00-10.00 higher. Slaughter bulls sold 2.00-4.00 higher in a narrow comparison. Young age cows suitable to feed or rebreed sold on light to moderate demand, no comparisons are available due to light receipts.

New to these tables? Plain-English explainers ↓

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
567–593 583 8 283.00–285.00 $283.73 $1,654 +9.70
630 630 2 252.50 $252.50 $1,591 -3.64
668–695 687 7 230.00–237.00 $234.48 $1,611 -4.22
705 705 1 235.00 $235.00 $1,657 +1.72
910 910 2 214.00 $214.00 $1,947 -0.50
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
815–840 828 2 224.00–227.00 $225.52 $1,867 +1.52

↑ Back to top

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
629 629 7 249.00 $249.00 $1,566 +6.88
678–681 680 6 215.00–221.00 $216.99 $1,476 -10.32
938 938 2 194.00 $194.00 $1,820
970 970 2 184.00 $184.00 $1,785
1055 1055 1 180.00 $180.00 $1,899
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
579 579 5 260.00 $260.00 $1,505 -4.78
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
815 815 3 195.00 $195.00 $1,589
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
465 465 1 255.00 $255.00 $1,186

↑ Back to top

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
810 810 85-90% 1 61.00 $61.00 $494
865–995 925 85-90% 3 80.00–84.00 $82.42 $762 +18.42
930–957 950 85-90% 4 84.00–85.00 $84.24 $800
1020–1150 1053 85-90% 4 62.00–72.00 $69.27 $729 +6.27
1018–1228 1098 85-90% 46 77.00–88.00 $85.66 $941 +22.66
1125 1125 85-90% 1 107.50 $107.50 $1,209 +29.48
1160 1160 85-90% 1 89.00 $89.00 $1,032 +13.11
1081–1241 1175 85-90% 71 93.50–98.00 $95.15 $1,118 +19.26
1125–1290 1202 85-90% 10 92.00–100.00 $97.50 $1,172 +12.29
1240 1240 85-90% 1 106.50 $106.50 $1,321
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1289–1410 1322 80-85% 7 105.00–106.00 $105.15 $1,390 +13.93
1230–1354 1327 80-85% 10 94.00–104.75 $102.14 $1,355 +10.92
1320–1585 1395 80-85% 8 79.00–90.00 $87.32 $1,218 +4.32
1474 1474 80-85% 5 107.50 $107.50 $1,585
1320–1558 1487 80-85% 40 93.00–104.00 $101.92 $1,516
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1493 1493 75-80% 2 99.00 $99.00 $1,478
1475–1698 1609 75-80% 5 103.50–104.50 $104.13 $1,675

↑ Back to top

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1340 1340 1 102.00 $102.00 $1,367
1460–1905 1645 3 101.00–106.00 $104.02 $1,711
1595–2005 1787 7 113.00–123.00 $118.79 $2,123 +16.81
1890–2235 2063 2 125.00–132.00 $128.79 $2,657

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
899–1165 992 Young (2-4 yrs)Open 9 106.00–122.50 $110.08 $1,092
945–1175 1030 (<2 yrs)Open 4 127.50–179.00 $158.25 $1,630

↑ Back to top

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1046 1046 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 6 1,925.00 $1,925.00
1170 1170 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 5 2,010.00 $2,010.00
1218–1242 1232 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 15 1,360.00–1,385.00 $1,375.12
1393 1393 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 3 1,875.00 $1,875.00
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1295 1295 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 20 1,475.00 $1,475.00

↑ 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.