Cattle Market Pulse

Billings Livestock Commission Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Thursday, October 2, 2025

698 head sold ·Official USDA report

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

heavy 7-weight M&L 1 heifers $353.19/cwt -3.81 vs last sale · ≈ $2,748/hd at 778 lb · 52 head
light 6-weight M&L 1 steers $402.11/cwt -16.80 vs last sale · ≈ $2,453/hd at 610 lb · 30 head
light 9-weight M&L 1 heifers $316.55/cwt -13.68 vs last sale · ≈ $2,896/hd at 915 lb · 29 head

Receipts

HeadThis saleLast saleLast year
Head itemized in priced lots 698 — —

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
350–360 unweaned 353 3 565.00–575.00 $568.40 $2,006 +2.14
445 unweaned 445 1 520.00 $520.00 $2,314 +7.58
451–470 unweaned 460 11 480.00–515.00 $504.88 $2,322 +14.78
500–514 unweaned 506 15 455.00–485.00 $468.85 $2,372 +17.58
552 unweaned 552 3 432.50 $432.50 $2,387 +5.51
600–622 unweaned 610 30 397.00–407.00 $402.11 $2,453 -14.17
678 unweaned 678 2 384.00 $384.00 $2,604 +16.41
817 817 5 365.00 $365.00 $2,982 —
855 855 3 360.00 $360.00 $3,078 —
1000 1000 3 318.00 $318.00 $3,180 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
275 unweaned 275 2 600.00 $600.00 $1,650 —
335 unweaned 335 2 605.00 $605.00 $2,027 +30.00
385 unweaned 385 1 505.00 $505.00 $1,944 -35.00
475–491 unweaned 480 12 460.00–465.00 $461.70 $2,216 +28.38
534 unweaned 534 7 425.00 $425.00 $2,270 +13.04
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
811 811 7 339.00 $339.00 $2,749 +19.00

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
382 unweaned 382 3 505.00 $505.00 $1,929 -11.09
450–478 unweaned 456 16 435.00–450.00 $439.64 $2,005 +17.58
515–525 unweaned 524 12 411.00–435.00 $416.56 $2,183 +2.85
605–625 unweaned 618 3 360.00–365.00 $361.63 $2,235 —
765 765 32 360.50 $360.50 $2,758 +3.50
799 799 20 341.50 $341.50 $2,729 —
815–841 836 24 332.00–338.00 $333.22 $2,786 -5.24
887 887 8 321.50 $321.50 $2,852 -11.77
905–933 915 29 313.00–321.00 $316.55 $2,896 -13.68
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
333 unweaned 333 4 500.00 $500.00 $1,665 —
454–490 unweaned 459 8 385.00–410.00 $406.66 $1,867 +4.16
773 773 4 349.00 $349.00 $2,698 —
896 896 6 319.00 $319.00 $2,858 —
993 993 2 299.00 $299.00 $2,969 —
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1052–1072 1060 16 292.00–304.00 $299.45 $3,174 -2.05
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
709 709 11 335.00 $335.00 $2,375 —
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
668 668 2 340.00 $340.00 $2,271 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
348 unweaned 348 2 600.00 $600.00 $2,088 +51.46
353 unweaned 353 2 585.00 $585.00 $2,065 —
733 unweaned 733 2 332.50 $332.50 $2,437 —
895 895 1 335.00 $335.00 $2,998 —
987–988 987 23 315.00–318.00 $317.74 $3,136 +3.74
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1103 1103 7 260.00 $260.00 $2,868 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
571 unweaned 571 4 368.00 $368.00 $2,101 -17.00
628 unweaned 628 2 355.00 $355.00 $2,229 —
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
408–430 unweaned 421 5 440.00–465.00 $449.69 $1,893 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1275–1458 1367 80-85% 5 145.00–147.00 $146.11 $1,997 -25.29
1350–1500 1395 80-85% 5 174.00–177.00 $175.84 $2,453 +38.61
1380–1475 1445 80-85% 5 138.00–144.00 $140.55 $2,031 -15.34
1253–1585 1456 80-85% 64 162.00–172.00 $168.26 $2,450 —
1300–1743 1595 80-85% 3 155.00–158.00 $157.19 $2,507 —
1430–1671 1631 80-85% 7 163.00–165.00 $164.35 $2,681 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
975 975 85-90% 1 114.00 $114.00 $1,112 —
1090 1090 85-90% 1 111.00 $111.00 $1,210 —
1090–1205 1145 85-90% 6 137.00–149.00 $141.21 $1,617 —
1080–1263 1173 85-90% 17 159.00–172.00 $167.12 $1,960 +4.72
1160–1195 1182 85-90% 3 122.00–125.00 $123.34 $1,458 -0.95
1185 1185 85-90% 1 152.50 $152.50 $1,807 +28.21
1040–1237 1218 85-90% 14 172.50–176.00 $173.69 $2,116 —
1260–1308 1296 85-90% 4 142.00–152.00 $149.57 $1,938 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1504 1504 75-80% 5 175.00 $175.00 $2,632 +1.12
1605–1690 1649 75-80% 5 154.00–156.00 $154.79 $2,552 —
1688 1688 75-80% 9 165.00 $165.00 $2,785 —
1696 1696 75-80% 9 166.50 $166.50 $2,824 —
1645–1800 1724 75-80% 11 149.00–158.50 $155.41 $2,679 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1430 1430 2 181.00 $181.00 $2,588 —
1563 1563 2 185.00 $185.00 $2,892 -7.78
1865 1865 1 204.00 $204.00 $3,805 +27.11
1665–2160 1913 2 179.00–184.00 $181.82 $3,478 —
2060 2060 1 206.00 $206.00 $4,244 —
1870–2240 2083 11 186.00–203.00 $196.29 $4,089 —

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Stock Cows

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
907–1105 1012 (<2 yrs)Open 27 243.00–307.00 $282.38 $2,858
905–1550 1144 Young (2-4 yrs)Open 67 180.50–315.00 $233.32 $2,669
1200–1365 1316 Young/Middle Aged (2-8 yrs)Open 6 174.00–186.00 $181.76 $2,392
1358 1358 Young (2-4 yrs)Open 5 187.50 $187.50 $2,546
1438 1438 Middle Aged (5-8 yrs)Open 2 194.00 $194.00 $2,790
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
928–1130 995 (<2 yrs)Open 3 210.00–240.00 $228.65 $2,275
940–1333 1111 Young (2-4 yrs)Open 11 175.00–230.00 $198.16 $2,202

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1055–1365 1227 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 4 3,200.00–3,300.00 $3,246.84
1250 1250 Young/Middle Aged (2-8 yrs)1st/2nd Stage (1-6 mo) 5 3,250.00 $3,250.00
1390–1500 1445 Aged (>8 yrs)1st/2nd Stage (1-6 mo) 4 2,650.00–2,850.00 $2,746.19
1675 1675 Aged (>8 yrs)1st Stage (1-3 mo) 1 2,650.00 $2,650.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1152 1152 Young/Middle Aged (2-8 yrs)1st/2nd Stage (1-6 mo) 3 2,850.00 $2,850.00
1123–1470 1230 Middle Aged/Aged (>5 yrs)1st/2nd Stage (1-6 mo) 5 2,500.00–2,700.00 $2,590.42
1270 1270 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 1 2,950.00 $2,950.00
1315 1315 Young (2-4 yrs)1st Stage (1-3 mo) 1 3,050.00 $3,050.00
1360 1360 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 1 3,000.00 $3,000.00

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Beef/Dairy Heifers

Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
495 495 3 370.00 $370.00 $1,832 —

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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.