Cattle Market Pulse

Billings Livestock Commission Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Thursday, September 12, 2024

625 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 $220.15/cwt -2.29 vs last sale · ≈ $1,902/hd at 864 lb · 59 head
light 8-weight M&L 1 steers $236.00/cwt -12.82 vs last sale · ≈ $1,959/hd at 830 lb · 22 head
heavy 8-weight M&L 1-2 steers $229.50/cwt +1.50 vs last sale · ≈ $2,020/hd at 880 lb · 13 head
HeadThis saleLast saleLast year
Total receipts 625 1,760 850
Feeder cattle 299 1,303 517
Slaughter cattle 265 353 245
Replacement cattle 61 104 88

Compared to last sale: Feeder calves and yearling steers were too lightly tested to develop any market trend. Yearling heifers sold steady to 2.00 lower on 850-899 lbs, all other weights of yearling heifers were too lightly tested to develop an accurate market trend, however steady to weak undertones were noticed. CME positions have seen positive movement almost daily this week. Offerings were light today and many buyers were not willing to start loads as this is the last sale of the week. Demand for feeder cattle was mostly moderate for light offerings. Quality today was mostly average. Most cattle were offered in small packages or as singles this week. Market activity was mostly slow to moderate this week. Weigh up cows sold on moderate demand for light offerings. Slaughter cows sold mostly steady on boning and lean cows, breaking cows sold steady to 2.00 higher. Feeding cows sold steady to 1.00 higher. Cow and bull quality was mostly average this week. Most cows continue to show lighter body condition scores as dry weather is starting to pull cows down. Weigh up conditions were mixed this week. Bull quality this sale was mostly average. Many bulls have been turned out and were in light flesh. Demand for feeding bulls was significantly lighter this as only packer buyers purchased bulls to feed this week. Feeding bulls sold 5.00-7.00 lower. Slaughter bulls sold mostly 5.00-8.00 lower. Young age cows suitable to feed or rebreed were too lightly tested this sale to develop any market trend. Quality was mostly average this week.

New to these tables? Plain-English explainers ↓

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
290 unweaned 290 2 355.00 $355.00 $1,030
575–587 unweaned 582 9 240.00 $240.00 $1,397 -17.50
830 830 4 228.00 $228.00 $1,892 -6.47
880 880 13 229.50 $229.50 $2,020 +1.50
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
830 830 22 236.00 $236.00 $1,959 -12.82
1067 1067 5 206.50 $206.50 $2,203
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
515 unweaned 515 3 255.00 $255.00 $1,313
1115 1115 2 200.50 $200.50 $2,236
1155 1155 5 193.00 $193.00 $2,229

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455 unweaned 455 2 285.00 $285.00 $1,297 +30.00
595 unweaned 595 3 230.00 $230.00 $1,368
800 800 9 227.00 $227.00 $1,816
851–871 864 59 220.00–220.50 $220.15 $1,902 -2.29
910–938 933 10 213.00–216.00 $213.29 $1,990 +1.43
1013 1013 6 201.50 $201.50 $2,041 +0.77
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
536 unweaned 536 7 238.00 $238.00 $1,276
939 939 7 195.00 $195.00 $1,831
1013 1013 6 187.50 $187.50 $1,899
1098 1098 19 195.00 $195.00 $2,141 +2.26
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
278 unweaned 278 2 330.00 $330.00 $917
395 unweaned 395 5 275.00 $275.00 $1,086
463 unweaned 463 4 267.00 $267.00 $1,236 +22.00
527 unweaned 527 3 235.00 $235.00 $1,238
550 unweaned 550 2 225.00 $225.00 $1,238
975 975 1 201.00 $201.00 $1,960 +6.00
1000 1000 1 197.00 $197.00 $1,970
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
705 705 8 233.00 $233.00 $1,643

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
425 unweaned 425 2 260.00 $260.00 $1,105
500 500 5 249.00 $249.00 $1,245
693 unweaned 693 2 215.50 $215.50 $1,493
820 820 1 205.00 $205.00 $1,681 ±0.00
995 995 1 206.00 $206.00 $2,050 -4.00
1087 1087 3 189.00 $189.00 $2,054
1260 1260 2 169.00 $169.00 $2,129
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
559 559 7 242.50 $242.50 $1,356
Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1205 1205 1 170.00 $170.00 $2,048
1255–1270 1263 2 158.00–170.00 $163.96 $2,071
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1250 1250 1 169.00 $169.00 $2,112

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1225–1515 1338 80-85% 17 140.00–144.00 $142.21 $1,903
1315–1590 1442 80-85% 5 126.00–135.00 $131.95 $1,903 +14.52
1289–1680 1444 80-85% 45 127.00–139.00 $132.09 $1,907 +14.66
1250–1710 1505 80-85% 14 111.00–125.00 $118.38 $1,782 -8.59
1515 1515 80-85% 1 109.00 $109.00 $1,651 -17.97
1510–1650 1557 80-85% 3 119.00–125.50 $122.16 $1,902
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1010–1213 1164 85-90% 7 103.00–120.00 $117.77 $1,371
1190–1205 1200 85-90% 3 140.00–143.00 $142.01 $1,704 +24.78
1190–1243 1217 85-90% 10 125.00–130.00 $128.18 $1,560 +15.89
1230 1230 85-90% 1 122.00 $122.00 $1,501 +9.71
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1550–1860 1666 75-80% 5 133.00–139.00 $135.50 $2,257
1670–1698 1691 75-80% 4 136.50–138.50 $138.01 $2,334
1673–1773 1739 75-80% 10 141.50–144.50 $142.23 $2,473 +12.39
1900 1900 75-80% 1 120.50 $120.50 $2,290
N/N/A ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1918 1918 65-75% 4 143.75 $143.75 $2,757

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1290 1290 1 125.00 $125.00 $1,612
1310–1680 1574 5 147.00–155.00 $151.53 $2,385 -6.77
1215–1715 1611 8 127.50–144.00 $141.42 $2,278
1375–2145 1721 15 132.00–143.00 $136.88 $2,356
1525–2280 1904 39 145.00–157.00 $150.94 $2,874 -4.85
1958 1958 1 157.00 $157.00 $3,074
YG2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
2110 2110 1 141.00 $141.00 $2,975

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1048–1348 1131 (<2 yrs)Open 9 153.00–170.50 $159.06 $1,799
1098–1360 1230 Young (2-4 yrs)Open 16 135.00–158.00 $147.19 $1,810

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1120 1120 Young (2-4 yrs)2nd Stage (4-6 mo) 1 1,900.00 $1,900.00
1103–1250 1140 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 8 1,900.00–2,000.00 $1,972.58
1160 1160 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 3 1,950.00 $1,950.00
1230 1230 Young (2-4 yrs)3rd Stage (7-9 mo) 3 1,900.00 $1,900.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
930–1110 1044 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 4 1,600.00–1,750.00 $1,702.04

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N/N/A ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1055 1055 85-90% 1 104.00 $104.00 $1,097

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Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
598 598 2 135.00 $135.00 $807 -32.50

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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.