Cattle Market Pulse

Billings Livestock Commission Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Thursday, February 27, 2025

937 head sold ·Official USDA report

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

heavy 4-weight M 1 steers $362.87/cwt ≈ $1,695/hd at 467 lb · 27 head
light 7-weight M&L 1 heifers $267.48/cwt +8.48 vs last sale · ≈ $1,950/hd at 729 lb · 24 head
heavy 6-weight M&L 1 heifers $276.00/cwt +0.03 vs last sale · ≈ $1,852/hd at 671 lb · 21 head

Receipts

HeadThis saleLast saleLast year
Head itemized in priced lots 937 — —

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–410 405 12 410.00–415.00 $414.58 $1,679 —
477 477 5 395.00 $395.00 $1,884 +5.00
549 549 4 370.00 $370.00 $2,031 -0.49
553–585 576 20 348.00–369.00 $354.62 $2,043 +11.71
638 638 2 335.00 $335.00 $2,137 +19.14
752 752 7 291.00 $291.00 $2,188 +10.35
836 836 15 271.00 $271.00 $2,266 -4.18
1057 1057 8 227.50 $227.50 $2,405 —
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
457–468 467 27 362.00–370.00 $362.87 $1,695 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
321 321 7 420.00 $420.00 $1,348 —
478–493 487 5 357.50–362.50 $359.46 $1,751 -0.54
683–685 683 8 298.00–303.00 $298.63 $2,040 +7.63
736 736 5 280.00 $280.00 $2,061 +4.00
753 753 2 269.00 $269.00 $2,026 -2.36
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
708 708 2 272.00 $272.00 $1,926 +8.00

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
415 415 4 355.00 $355.00 $1,473 —
450–492 473 11 332.00–350.00 $343.07 $1,623 -9.43
515 515 5 333.00 $333.00 $1,715 -4.53
613–637 622 19 289.00–302.00 $297.09 $1,848 -19.53
671 671 21 276.00 $276.00 $1,852 +0.03
705–731 717 9 260.00–266.00 $263.28 $1,888 +4.28
736 736 15 270.00 $270.00 $1,987 +11.00
756 756 4 257.00 $257.00 $1,943 +0.46
801 801 21 257.00 $257.00 $2,059 -2.69
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
414–433 420 6 340.00–346.00 $343.94 $1,445 +21.44
488 488 2 330.00 $330.00 $1,610 +6.31
680 680 2 264.00 $264.00 $1,795 +0.72
737 737 7 251.00 $251.00 $1,850 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
628 628 2 267.50 $267.50 $1,680 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
428–445 434 3 362.50–370.00 $367.43 $1,595 —
690 690 1 252.50 $252.50 $1,742 —
830 830 2 230.00 $230.00 $1,909 -25.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
460 460 2 350.00 $350.00 $1,610 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
865 865 85-90% 1 118.00 $118.00 $1,021 -8.01
1000 1000 85-90% 1 100.00 $100.00 $1,000 —
915–1413 1147 85-90% 35 109.00–131.00 $118.33 $1,357 —
986–1247 1151 85-90% 115 135.00–145.50 $142.80 $1,644 —
1065–1235 1168 85-90% 7 115.00–124.00 $117.70 $1,375 -29.57
1110–1288 1195 85-90% 61 146.00–147.00 $146.35 $1,749 +8.85
1210–1300 1247 85-90% 10 137.00–141.00 $139.73 $1,742 +22.73
1275 1275 85-90% 1 146.00 $146.00 $1,862 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1266–1608 1380 80-85% 77 137.00–146.00 $142.61 $1,968 -2.74
1290–1695 1407 80-85% 24 121.00–134.00 $127.19 $1,790 -18.74
1235–1650 1418 80-85% 36 135.00–145.50 $141.89 $2,012 -4.04
1345–1513 1420 80-85% 8 147.00–160.00 $150.34 $2,135 +4.41
1400–1690 1545 80-85% 2 128.00–134.50 $131.56 $2,033 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1540 1540 75-80% 1 144.00 $144.00 $2,218 —
1500–1925 1628 75-80% 19 143.00–150.00 $145.39 $2,367 —
1505–1855 1650 75-80% 4 136.00–143.50 $139.71 $2,305 —
1535–1880 1707 75-80% 3 150.50–154.00 $152.55 $2,604 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1455–1965 1671 4 149.00–159.00 $153.83 $2,570 —
1660–2445 1995 7 161.00–179.00 $168.23 $3,356 —
2120–2360 2240 2 183.00–194.00 $188.21 $4,216 —
YG2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1955 1955 1 171.00 $171.00 $3,343 —

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Stock Cows

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
860–1217 1017 (<2 yrs)Open 106 189.00–240.00 $215.29 $2,189
874–1390 1126 Young (2-4 yrs)Open 93 147.00–222.50 $174.74 $1,968
1325–1575 1450 Young/Middle Aged (2-8 yrs)Open 2 145.00–146.00 $145.46 $2,109
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
823–1100 917 (<2 yrs)Open 6 193.00–220.00 $201.92 $1,852
1038 1038 Young/Middle Aged (2-8 yrs)Open 2 140.00 $140.00 $1,453
945–1340 1112 Young (2-4 yrs)Open 11 142.00–172.50 $152.52 $1,696
Medium 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
730 730 (<2 yrs)Open 2 240.00 $240.00 $1,752

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1120 1120 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 2,800.00 $2,800.00
1155 1155 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 2 1,900.00 $1,900.00
1245–1330 1265 Young (2-4 yrs)3rd Stage (7-9 mo) 6 2,850.00–2,975.00 $2,950.12
1305–1455 1400 Middle Aged/Aged (>5 yrs)2nd/3rd Stage (4-9 mo) 5 2,050.00–2,100.00 $2,070.78
1450 1450 Aged (>8 yrs)3rd Stage (7-9 mo) 1 2,100.00 $2,100.00
1465 1465 Middle Aged/Aged (>5 yrs)3rd Stage (7-9 mo) 5 2,250.00 $2,250.00
1537 1537 Middle Aged (5-8 yrs)3rd Stage (7-9 mo) 5 2,550.00 $2,550.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1215–1252 1234 Aged (>8 yrs)3rd Stage (7-9 mo) 6 1,750.00–1,900.00 $1,826.12

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Reading this report

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.