Cattle Market Pulse

Billings Livestock Commission Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Thursday, June 6, 2024

1,175 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 $294.00/cwt +17.44 vs last sale · ≈ $1,832/hd at 623 lb · 83 head
light 9-weight M&L 1-2 heifers $214.85/cwt ≈ $2,000/hd at 931 lb · 60 head
heavy 8-weight M&L 1-2 heifers $213.00/cwt ≈ $1,906/hd at 895 lb · 41 head
HeadThis saleLast saleLast year
Total receipts 1,175 1,217 1,483
Feeder cattle 391 907 550
Slaughter cattle 485 209 439
Replacement cattle 299 101 494

Compared to last sale: Feeder cattle were too lightly tested to develop an accurate market trend, however steady to firm undertones were noticed on steer offerings and higher undertones were noticed on all heifer offerings. Demand for feeders was mostly good. Quality was mostly plain to average today. CME Feeder cattle contracts closed lower today with all contracts selling with triple digit losses. Market activity was mostly moderate to active. Weigh up cows sold on moderate to good demand for light to moderate offerings. Packers showed moderate to good demand for both slaughter and feeding cows this week. Slaughter cows sold mostly 3.00-4.00 lower on boning and lean cows, breaking cows sold sharply lower in a narrow comparison. The majority of the cow offering was purchased to feed this week. Feeding cows sold mostly 10.00 lower as last week saw very good demand from additional buyers in the market. Fewer buyers were in the market this week allowing feeding cow prices to fall to the same levels as two weeks ago. Thin fleshed feeding cows sold 3.00-4.00 lower lower than last week. Packers purchased a portion of the lean cow offering to put on feed for the 4th of July holiday. Quality was mostly average to very attractive this week. Weigh up conditions were mostly average to above average as many cows which were out on grass were empty come sale time. Slaughter bulls sold mostly 10.00 lower. Again, fewer buyers were in the market this week allowing bull prices to fall. Bull quality was mostly attractive today. Young age cows suitable to feed or rebreed sold generally steady. Quality was mostly average to attractive this week. Demand was mostly good to very good with the best demand seen for cows which lost calves. Demand for young feeding quality cows was good this week and stronger the last few weeks.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
490 490 2 370.00 $370.00 $1,813 +26.98
563 563 5 349.00 $349.00 $1,965 +13.79
620 620 1 318.00 $318.00 $1,972 -3.02
660 660 1 304.00 $304.00 $2,006 +8.93
759–760 759 5 264.00 $264.00 $2,004 +3.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
346 346 4 380.00 $380.00 $1,315
575–580 578 2 310.00–322.50 $316.22 $1,828 +0.23
685 685 2 286.00 $286.00 $1,959 +21.00

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
465–473 470 11 310.00–317.50 $314.80 $1,480
513–533 521 8 305.00–307.50 $306.61 $1,597 +40.24
568–580 570 7 282.50–297.00 $294.89 $1,681 +32.46
658–685 663 10 240.00–246.00 $241.24 $1,599 -21.76
743 743 8 242.00 $242.00 $1,798 -1.06
783–795 787 13 226.00–228.00 $227.23 $1,788 -0.19
825 825 1 225.00 $225.00 $1,856 +1.00
895 895 41 213.00 $213.00 $1,906
922–931 931 60 212.00–215.00 $214.85 $2,000
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
482–485 484 9 325.00–332.50 $328.61 $1,590 +20.94
530 530 8 320.00 $320.00 $1,696 +22.23
554 554 16 306.00 $306.00 $1,695 +11.38
623 623 83 294.00 $294.00 $1,832 +17.44
705–740 730 8 240.00–248.00 $242.70 $1,772 -9.79
781 781 8 232.00 $232.00 $1,812 -10.76
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
548 548 9 245.00 $245.00 $1,343
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
480 480 4 300.00 $300.00 $1,440
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
495 495 4 275.00 $275.00 $1,361

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Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
553 553 5 255.00 $255.00 $1,410
1127 1127 6 196.00 $196.00 $2,209
1160 1160 1 197.00 $197.00 $2,285
1214 1214 4 189.00 $189.00 $2,294
1290 1290 1 160.00 $160.00 $2,064
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
328 unweaned 328 2 330.00 $330.00 $1,082
714 714 6 242.50 $242.50 $1,731 +2.50
785 785 1 251.00 $251.00 $1,970
975 975 1 209.00 $209.00 $2,038
Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1043–1135 1099 (<2 yrs)N/A 8 2,500.00–2,650.00 $2,535.21
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
411–418 413 6 320.00–330.00 $326.63 $1,349
860 860 1 213.00 $213.00 $1,832
1185 1185 1 187.50 $187.50 $2,222

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1176–1590 1347 80-85% 92 133.50–139.50 $137.31 $1,850
1150–1585 1368 80-85% 29 129.00–138.50 $135.82 $1,858
1225–1545 1403 80-85% 4 140.00–144.00 $141.06 $1,979
1285–1555 1446 80-85% 31 118.00–133.00 $129.20 $1,868
1445–1465 1455 80-85% 2 139.50–140.00 $139.75 $2,033
1310–1623 1463 80-85% 6 116.00–125.00 $121.61 $1,779
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
908–975 942 85-90% 4 82.50–97.50 $89.73 $845
1030–1160 1105 85-90% 3 115.00–123.00 $119.81 $1,324 -22.19
1015–1405 1131 85-90% 10 103.00–121.00 $115.51 $1,306 -8.47
1045–1295 1168 85-90% 11 123.00–134.50 $128.83 $1,505 -18.60
975–1281 1180 85-90% 52 122.00–136.00 $129.11 $1,523 -18.32
1050–1280 1185 85-90% 56 136.50–140.00 $137.79 $1,633 -9.64
1060–1228 1189 85-90% 5 90.00–100.00 $94.88 $1,128 -52.55
1215 1215 85-90% 1 136.00 $136.00 $1,652
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1517–1840 1566 75-80% 29 135.50–141.50 $137.37 $2,151
1350–1880 1591 75-80% 9 122.00–133.50 $129.97 $2,068
1616–1640 1619 75-80% 7 139.00–142.00 $139.43 $2,257
1670–1800 1730 75-80% 4 142.00–146.00 $144.15 $2,494

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1215–1795 1505 2 154.00–157.50 $155.41 $2,339
1370–1760 1528 10 132.00–149.00 $139.83 $2,137
1620–1915 1733 5 135.00–148.00 $143.25 $2,483
1468–2090 1863 14 149.00–163.00 $154.51 $2,879
1948–2260 2095 7 162.00–165.00 $164.14 $3,439

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
751–1155 963 (<2 yrs)Open 52 161.00–237.00 $199.85 $1,925
870–1285 1121 Young (2-4 yrs)Open 53 140.00–188.00 $160.97 $1,804
1168–1440 1288 Young/Middle Aged (2-8 yrs)Open 6 137.00–140.00 $138.83 $1,788
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
855–1075 948 (<2 yrs)Open 6 150.00–177.50 $163.63 $1,551
1135 1135 Young (2-4 yrs)Open 1 141.00 $141.00 $1,600
Medium 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
650 650 (<2 yrs)Open 4 244.00 $244.00 $1,586
Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1050–1130 1090 (<2 yrs)Open 2 171.00–176.00 $173.59 $1,892

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1195 1195 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 3 2,100.00 $2,100.00
1200–1270 1235 Young (2-4 yrs)2nd Stage (4-6 mo) 2 1,950.00 $1,950.00
1120–1303 1259 Young (2-4 yrs)3rd Stage (7-9 mo) 8 2,100.00–2,400.00 $2,226.67

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1311–1386 1348 Aged (>8 yrs)Open 18 2,350.00–2,375.00 $2,369.60 -130.40
1430–1672 1491 Middle Aged/Aged (>5 yrs)Open 17 2,550.00–2,900.00 $2,641.80
1677 1677 Middle Aged (5-8 yrs)Open 7 3,450.00 $3,450.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1328 1328 Middle Aged (5-8 yrs)Open 2 2,300.00 $2,300.00 +250.00

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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.