Cattle Market Pulse

Billings Livestock Commission Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Thursday, October 3, 2024

952 head sold ·Official USDA report

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

heavy 9-weight M&L 1 steers $228.60/cwt +6.04 vs last sale · ≈ $2,198/hd at 961 lb · 40 head
light 4-weight M&L 1 steers $382.05/cwt +65.73 vs last sale · ≈ $1,578/hd at 413 lb · 19 head
light 5-weight M&L 1 bulls $304.00/cwt ≈ $1,550/hd at 510 lb · 17 head
HeadThis saleLast saleLast year
Total receipts 952 2,961 938
Feeder cattle 417 2,518 561
Slaughter cattle 374 354 276
Replacement cattle 161 89 101

Compared to last sale: Feeder calves were too lightly tested to develop a full market trend, however higher to sharply higher undertones were noticed on steer calves and steady to firm undertones were noticed on heifer calves. Yearling steers and heifers were too lightly tested last sale to develop an accurate market trend, however higher undertones were noticed on steers and steady to higher undertones were noticed on all heifers. Demand was mostly good on both yearling and calves. Offerings were light. CME positions traded mixed today with the front two months trading slightly lower and the differed months trading slightly higher. Quality today was mixed from plain to attractive. Package sizes were mostly small with many very small packages and singles noticed. No load lots were seen this sale. Market activity was mostly moderate to active this sale. Weigh up cows sold on moderate to good demand for light offerings. Feeding cow demand was mostly good and most cows sold to feeding buyers this week. More feeding cow buyers were seen this week which helped improve demand for feeding cows compared to last weeks sale. Packers continue to show light demand for cows for immediate harvest. Very few cows were purchased to slaughter this week, however limited offerings sold with steady to higher undertones as feeding cow buyers pushed cow prices way past slaughter cow orders. Feeding cows sold mostly 2.00-4.00 higher. Cow and bull quality was mixed this sale. Weigh up conditions were mostly average today. Bull quality this sale was mostly average. Demand for feeding bulls was light again this sale. Feeding bulls sold mostly steady to 3.00 lower in a narrow comparison. Slaughter bulls sold mostly steady to 4.00 lower. Young age cows suitable to feed or rebreed sold mostly steady to firm. Demand for rebreed cows was mostly good this sale as several young cows were purchased for this purpose. Quality on young age cows 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
205 unweaned 205 1 420.00 $420.00 $861
345 unweaned 345 1 395.00 $395.00 $1,363 +28.57
403–438 unweaned 413 19 380.00–387.50 $382.05 $1,578 +65.73
500–531 unweaned 525 17 302.00–320.00 $310.24 $1,629 +28.65
568 unweaned 568 9 291.00 $291.00 $1,653 +25.12
722 722 3 265.00 $265.00 $1,913 -9.42
852 852 3 247.00 $247.00 $2,104 +8.43
913–918 915 10 238.00–240.00 $239.20 $2,189 +12.24
957 957 32 232.00 $232.00 $2,220 +9.44
979 979 8 215.00 $215.00 $2,105 -7.56
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
352–383 unweaned 366 9 365.00–372.50 $369.14 $1,351 +68.14
440 unweaned 440 3 360.00 $360.00 $1,584 +77.22
495 unweaned 495 4 306.00 $306.00 $1,515 +22.00
725 725 1 260.00 $260.00 $1,885 +3.00
786 786 7 258.00 $258.00 $2,028 +18.00
823–832 830 11 254.00–255.00 $254.18 $2,110 +10.94
880 880 1 230.00 $230.00 $2,024 -3.00
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–348 unweaned 324 4 355.00–375.00 $364.26 $1,180
451 unweaned 451 8 317.00 $317.00 $1,430
583 unweaned 583 2 263.00 $263.00 $1,533
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
789 789 4 248.00 $248.00 $1,957 +6.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
810 810 3 243.00 $243.00 $1,968

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
290–295 unweaned 294 4 375.00–385.00 $382.53 $1,125 +17.53
377 unweaned 377 3 317.50 $317.50 $1,197 -5.85
413–418 unweaned 416 4 316.00–317.50 $316.75 $1,318 -2.76
458–481 unweaned 467 13 288.00–300.00 $295.24 $1,379 +8.41
705 705 13 248.00 $248.00 $1,748 +2.43
813 813 8 233.50 $233.50 $1,898 +2.67
850–865 863 8 224.00–230.00 $224.74 $1,940 +4.24
915 915 6 219.00 $219.00 $2,004 -3.48
998 998 2 215.00 $215.00 $2,146 +11.00
1001–1035 1009 15 206.00–210.00 $207.95 $2,098 +13.95
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
283 unweaned 283 2 355.00 $355.00 $1,005 +20.99
348 unweaned 348 7 317.50 $317.50 $1,105 +5.00
500 unweaned 500 7 248.00 $248.00 $1,240
765 765 1 225.00 $225.00 $1,721
800–814 811 5 217.50–227.50 $219.47 $1,780 +14.11
905–913 911 5 207.00–217.50 $213.09 $1,941 +23.09
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
309 unweaned 309 5 335.00 $335.00 $1,035
402 unweaned 402 11 302.50 $302.50 $1,216
1073 1073 3 196.50 $196.50 $2,108 -4.50
1095 1095 2 204.00 $204.00 $2,234 +4.50
1260 1260 3 152.00 $152.00 $1,915
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
562 562 16 250.00 $250.00 $1,405 +5.50

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
328 unweaned 328 3 407.50 $407.50 $1,337
409 unweaned 409 9 387.50 $387.50 $1,585 +127.50
480 unweaned 480 1 322.50 $322.50 $1,548
510 unweaned 510 17 304.00 $304.00 $1,550
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
638 638 6 226.00 $226.00 $1,442
915 915 1 218.00 $218.00 $1,995 +18.00
987 987 3 218.00 $218.00 $2,152
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1125 1125 1 202.50 $202.50 $2,278 +18.00

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1205–1275 1247 80-85% 5 137.00–139.00 $137.77 $1,718
1230–1380 1305 80-85% 2 124.00–125.00 $124.47 $1,624
1313–1590 1382 80-85% 9 105.00–111.00 $108.87 $1,505 -4.82
1325–1490 1384 80-85% 11 109.00–117.00 $114.15 $1,580 +0.46
1220–1628 1398 80-85% 126 118.00–130.50 $126.34 $1,766 +18.75
1285–1660 1496 80-85% 5 113.00–121.00 $117.31 $1,755 +3.06
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
920–1290 1150 85-90% 34 105.00–117.00 $112.64 $1,295 +5.33
1055–1260 1165 85-90% 6 92.00–106.00 $101.47 $1,182 -26.13
1149–1265 1208 85-90% 18 128.00–132.00 $129.15 $1,560 +19.74
900–1368 1212 85-90% 50 117.00–127.00 $124.73 $1,512 +15.32
1155–1315 1235 85-90% 2 109.00–116.00 $112.73 $1,392 +3.32
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1415–1605 1553 75-80% 5 127.00–129.50 $128.98 $2,003 +9.11
1560 1560 75-80% 1 115.00 $115.00 $1,794 -4.87
1485–1885 1715 75-80% 8 122.50–129.00 $125.85 $2,158 +2.35

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1380–1698 1527 6 127.00–141.50 $135.15 $2,064 -1.03
1488–2030 1720 13 131.00–143.00 $138.20 $2,377
1670–1793 1762 4 146.00–148.00 $146.47 $2,581
1628–2145 1801 18 144.00–158.00 $148.72 $2,678 -4.65
YG2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1829 1829 15 151.00 $151.00 $2,762

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
810–1120 971 (<2 yrs)Open 56 163.00–191.00 $180.79 $1,755
975–1295 1055 Young (2-4 yrs)Open 47 133.50–182.50 $161.71 $1,706
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
925–1080 993 (<2 yrs)Open 5 140.00–172.50 $157.23 $1,561
825–1460 1069 Young (2-4 yrs)Open 5 127.00–135.00 $128.68 $1,376

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1080–1420 1230 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 26 1,950.00–2,200.00 $1,984.58
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1038 1038 Young (2-4 yrs)1st Stage (1-3 mo) 4 1,875.00 $1,875.00
1125–1155 1140 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 2 1,600.00–1,800.00 $1,701.32

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
988 988 (<2 yrs)1st/2nd Stage (1-6 mo) 4 2,000.00 $2,000.00

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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.