Cattle Market Pulse

Billings Livestock Commission Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Thursday, June 27, 2024

884 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 heifers $224.27/cwt +3.27 vs last sale · ≈ $1,947/hd at 868 lb · 14 head
heavy 4-weight M&L 1-2 heifers $312.00/cwt +2.00 vs last sale · ≈ $1,554/hd at 498 lb · 12 head
heavy 6-weight M&L 1 steers $290.00/cwt ≈ $1,908/hd at 658 lb · 12 head
HeadThis saleLast saleLast year
Total receipts 884 1,343 914
Feeder cattle 201 247 182
Slaughter cattle 535 402 468
Replacement cattle 148 694 264

Compared to last sale: Feeder cattle were too lightly tested to develop any market trend. Demand for feeders was mostly good for light offerings. Quality was mostly plain to average today. Most feeders were offered in small groups or as singles. Buyers showed very good demand for limited feeders as they tried to fill loads to end out the week. Market activity was mostly moderate to active with several buyers actively bidding on limited offerings. Weigh up cows sold on good to very good demand for moderate offerings. Additional packer buyers were in the market this week trying to secure enough offerings for harvest both this week and next. Slaughter cows sold sharply higher as a result. Breaking and boning cows sold mostly 6.00-9.00 higher. Lean cows sold mostly 3.00-6.00 higher. Buyers searching for feeding cows were forced to pay significantly higher money for offerings as they tried to buy cows away from packers. Feeding cows sold mostly 6.00-8.00 higher. Several sets of thin fleshed cows were purchased to hold for the upcoming 4th of July holiday these cows were included in slaughter cows as the holiday is next week. Quality was mostly average to attractive this sale. Weigh up conditions were mostly average to above average. Slaughter bulls sold mostly 2.00-6.00 higher. Bull quality this sale was average to attractive. Young age cows suitable to feed or rebreed sold 5.00-10.00 lower. Quality was mostly average to attractive, however fewer takers were seen for this class of cow. Fewer buyers looking for rebreed offerings were seen this sale as most of the rebreeds from this point on will be April and later calving.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
658 unweaned 658 12 290.00 $290.00 $1,908
712 712 9 281.00 $281.00 $2,001
790 790 2 259.00 $259.00 $2,046
808 808 5 262.00 $262.00 $2,117
855–875 868 3 248.00–262.00 $252.60 $2,193
Medium 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
623 623 7 199.00 $199.00 $1,240
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
710–733 725 3 267.50–269.00 $268.51 $1,947
770–790 780 2 235.00–244.00 $239.56 $1,869 -20.61
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
478 478 3 312.50 $312.50 $1,494

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
555 unweaned 555 6 307.50 $307.50 $1,707
691 691 4 262.00 $262.00 $1,810 -5.00
709–740 715 6 253.00–264.00 $260.96 $1,866 +7.45
755 755 2 245.00 $245.00 $1,850
855–870 868 14 223.00–232.00 $224.27 $1,947 +3.27
947 947 7 214.00 $214.00 $2,027
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
418 418 7 322.50 $322.50 $1,348
498 498 12 312.00 $312.00 $1,554 +2.00
582 582 3 288.00 $288.00 $1,676 -1.55
610–646 639 5 258.00–260.00 $258.38 $1,651 +7.38

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
579 579 7 268.00 $268.00 $1,552 -11.91
620 620 2 275.00 $275.00 $1,705 -15.00
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1133 1133 4 197.00 $197.00 $2,232

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1220–1490 1288 80-85% 54 135.00–145.00 $141.58 $1,824
1180–1499 1327 80-85% 98 146.00–158.00 $151.24 $2,007
1340–1380 1353 80-85% 3 135.00–136.00 $135.34 $1,831 +5.01
1370–1375 1373 80-85% 3 134.00 $134.00 $1,840 -7.94
1215–1620 1389 80-85% 16 139.00–145.00 $142.86 $1,984 +0.92
1266–1565 1398 80-85% 101 146.00–154.50 $149.72 $2,093 +7.78
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
644–990 803 85-90% 16 112.00–125.00 $117.43 $943
1005 1005 85-90% 1 102.50 $102.50 $1,030
1005–1235 1089 85-90% 4 115.00–123.00 $120.50 $1,312
915–1270 1093 85-90% 8 119.00–129.00 $125.72 $1,374
880–1160 1104 85-90% 12 131.00–136.00 $134.86 $1,489 -3.28
1005–1305 1114 85-90% 14 133.00–140.00 $137.60 $1,533 -0.54
1045–1215 1154 85-90% 7 141.00–147.00 $142.31 $1,642 +22.60
1165–1285 1197 85-90% 9 143.00–149.00 $144.60 $1,731 +13.37
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1520 1520 75-80% 5 153.50 $153.50 $2,333
1480–1645 1551 75-80% 23 149.00–158.50 $153.48 $2,380 +7.98
1508–1840 1591 75-80% 5 136.00 $136.00 $2,164 -4.00
1535–1780 1634 75-80% 12 141.00–146.50 $143.23 $2,340

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1290–1310 1303 3 137.00–146.00 $139.97 $1,824
1285–1705 1507 13 151.00–173.00 $160.92 $2,425 +2.07
1470–1665 1536 6 174.00–182.00 $178.35 $2,739 +19.50
1450–2160 1885 19 153.00–174.00 $162.51 $3,063
1995 1995 1 143.00 $143.00 $2,853
1940–2080 2010 2 178.00–184.00 $180.90 $3,636 +6.83
1880–2388 2098 17 174.00–190.00 $180.55 $3,788

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
835–1190 1024 (<2 yrs)Open 38 150.00–199.00 $178.39 $1,827
825–1495 1169 Young (2-4 yrs)Open 10 144.00–172.50 $153.05 $1,789
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
830 830 (<2 yrs)Open 3 195.00 $195.00 $1,618
955–1158 1090 Young (2-4 yrs)Open 3 138.00–151.00 $141.80 $1,546
Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1060 1060 (<2 yrs)Open 1 167.50 $167.50 $1,776

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1248–1285 1263 Young (2-4 yrs)2nd Stage (4-6 mo) 5 1,900.00–2,010.00 $1,965.23
1272–1355 1295 Young (2-4 yrs)3rd Stage (7-9 mo) 6 2,150.00–2,200.00 $2,191.28

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1377–1540 1435 Aged (>8 yrs)Open 8 2,675.00–2,800.00 $2,753.27
1553 1553 Middle Aged/Aged (>5 yrs)Open 5 2,685.00 $2,685.00
1560 1560 Young (2-4 yrs)Open 1 3,300.00 $3,300.00
Medium 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1124 1124 Young (2-4 yrs)Open 5 2,850.00 $2,850.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1180 thin fleshed 1180 Aged (>8 yrs)Open 3 1,850.00 $1,850.00

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N/N/A ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1580–1785 1683 2 131.00–134.00 $132.41 $2,228

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1555 1555 (<2 yrs)Open 2 3,000.00 $3,000.00

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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.