Cattle Market Pulse

Billings Livestock Commission Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Thursday, October 16, 2025

4,035 head sold ·Official USDA report

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

light 5-weight M&L 1 heifers $453.78/cwt +9.32 vs last sale · ≈ $2,383/hd at 525 lb · 414 head
light 6-weight M&L 1 steers $439.57/cwt +12.09 vs last sale · ≈ $2,765/hd at 629 lb · 414 head
heavy 5-weight M&L 1 steers $468.42/cwt +18.19 vs last sale · ≈ $2,675/hd at 571 lb · 409 head
HeadThis saleLast saleLast year
Head itemized in priced lots 4,035

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
186 unweaned 186 5 890.00 $890.00 $1,655
250–270 unweaned 265 38 840.00–845.00 $842.18 $2,232 +82.30
308–338 unweaned 323 26 680.00–720.00 $696.78 $2,251 +22.28
358–395 unweaned 374 101 612.50–705.00 $641.88 $2,401 -0.95
402–448 unweaned 427 98 550.00–612.50 $577.75 $2,467 -6.57
429 429 9 535.00 $535.00 $2,295
476 476 11 490.00 $490.00 $2,332
456–491 unweaned 480 209 514.00–553.00 $528.94 $2,539 +6.52
508–530 520 15 484.00–491.00 $487.19 $2,533
503–546 unweaned 525 296 490.00–514.00 $499.33 $2,621 +13.09
551–597 unweaned 571 409 443.00–487.50 $468.42 $2,675 +18.19
612 fancy 612 78 464.00 $464.00 $2,840
605–648 unweaned 633 336 420.00–456.00 $433.90 $2,747 +6.42
650–685 unweaned 664 197 404.00–429.00 $422.49 $2,805 +3.64
705–736 unweaned 726 34 373.00–392.00 $384.05 $2,788 -25.96
777–799 782 27 378.00–385.00 $382.75 $2,993 -2.25
780–788 unweaned 784 8 367.00–373.00 $369.98 $2,901 +9.98
817–822 820 25 374.50–378.00 $376.74 $3,089 -5.26
858 858 8 362.00 $362.00 $3,106 +2.00
1006 1006 6 333.00 $333.00 $3,350
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320–327 unweaned 325 4 640.00–670.00 $647.38 $2,104
394 unweaned 394 11 606.00 $606.00 $2,388 +33.04
439–448 unweaned 442 74 495.00–537.50 $529.21 $2,339 -5.61
468–495 unweaned 486 37 479.00–509.00 $493.90 $2,400 +0.90
510–549 unweaned 535 129 442.50–480.00 $467.87 $2,503 +22.45
551–593 unweaned 581 86 395.00–440.00 $427.63 $2,485 +2.76
600–644 unweaned 621 46 400.00–412.00 $407.27 $2,529 +2.46
682–691 unweaned 687 7 395.00–396.00 $395.43 $2,717 -0.55
789 789 6 374.00 $374.00 $2,951 +2.00
809 809 12 350.00 $350.00 $2,832 -21.00
873 873 2 353.00 $353.00 $3,082 -7.68
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
440 unweaned 440 2 520.00 $520.00 $2,288 -7.50
483–494 unweaned 485 32 510.00 $510.00 $2,474
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
535 unweaned 535 6 435.00 $435.00 $2,327 +50.67
573 unweaned 573 6 352.50 $352.50 $2,020 -33.06
608 unweaned 608 3 250.00 $250.00 $1,520
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
521–522 unweaned 522 12 450.00–487.00 $474.68 $2,478

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
212–229 unweaned 219 17 800.00–820.00 $811.39 $1,777 +141.39
255–276 unweaned 269 42 660.00–740.00 $707.40 $1,903 +110.27
340 unweaned 340 16 605.00 $605.00 $2,057 +13.33
351–399 unweaned 368 124 530.00–616.00 $573.33 $2,110 +8.53
402–444 unweaned 433 138 492.50–542.50 $519.36 $2,249 +13.78
469 469 7 487.50 $487.50 $2,286
450–495 unweaned 473 220 460.00–505.00 $483.45 $2,287 +14.61
500–523 fancy 511 88 473.00–480.00 $475.90 $2,432
516–523 517 23 432.00–461.00 $455.90 $2,357
504–545 unweaned 530 303 420.00–464.00 $447.19 $2,370 +2.73
553 fancy 553 9 456.50 $456.50 $2,524
551–590 unweaned 569 202 395.00–448.00 $424.93 $2,418 +0.27
604–614 612 47 400.00–412.00 $409.99 $2,509
601–634 unweaned 622 160 367.50–406.00 $397.10 $2,470 +17.43
803 unweaned 803 3 330.00 $330.00 $2,650
951–986 968 38 308.50–315.00 $311.86 $3,019
1039 1039 8 296.00 $296.00 $3,075 -8.49
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–313 unweaned 310 4 560.00–595.00 $586.53 $1,818 +43.99
365–398 unweaned 387 23 495.00–535.00 $509.01 $1,970 +49.01
418–443 unweaned 428 16 435.00–465.00 $457.68 $1,959 +3.59
468–486 unweaned 479 15 420.00–438.00 $430.96 $2,064 +16.81
512–531 unweaned 525 29 372.50–435.00 $415.77 $2,183 +6.78
568–576 unweaned 572 11 386.00–390.00 $388.17 $2,220 +8.65
637 unweaned 637 7 370.00 $370.00 $2,357 +15.00
868–892 885 14 321.00–326.00 $322.40 $2,853
935 935 3 316.00 $316.00 $2,955
1031 1031 9 293.00 $293.00 $3,021
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
494 unweaned 494 7 392.00 $392.00 $1,936
1099 1099 6 281.00 $281.00 $3,088 -8.00
1100–1115 1111 20 285.00–292.00 $287.08 $3,189 +2.08
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
582 unweaned 582 3 390.00 $390.00 $2,270

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
503 unweaned 503 8 477.50 $477.50 $2,402
610 unweaned 610 4 409.00 $409.00 $2,495 +4.00

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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.