Cattle Market Pulse

Billings Livestock Commission Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Thursday, December 4, 2025

1,515 head sold ·Official USDA report

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

light 5-weight M&L 1-2 steers $450.86/cwt +31.59 vs last sale · ≈ $2,381/hd at 528 lb · 160 head
light 5-weight M&L 1 steers $471.78/cwt +26.63 vs last sale · ≈ $2,425/hd at 514 lb · 84 head
heavy 6-weight M&L 1 steers $386.60/cwt +19.27 vs last sale · ≈ $2,683/hd at 694 lb · 76 head

Receipts

HeadThis saleLast saleLast year
Head itemized in priced lots 1,515 — —

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
358–370 365 13 625.00–640.00 $638.84 $2,332 +68.96
400–431 416 34 565.00–585.00 $574.79 $2,391 +57.33
454–472 462 22 512.00–532.50 $523.59 $2,419 +30.90
500–523 514 84 465.00–480.00 $471.78 $2,425 +32.78
550–579 569 55 433.00–465.00 $442.30 $2,517 +16.33
607–618 614 20 405.00–414.00 $410.08 $2,518 +22.16
658–696 694 76 379.00–387.00 $386.60 $2,683 +51.60
703–716 713 54 364.50–374.00 $370.07 $2,639 +13.58
780 780 4 353.00 $353.00 $2,753 —
807–829 828 47 345.00–350.00 $345.31 $2,859 —
920–930 929 16 308.00–317.00 $309.11 $2,872 —
958 958 7 319.00 $319.00 $3,056 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
225 225 2 660.00 $660.00 $1,485 —
297 297 3 620.00 $620.00 $1,841 +15.00
310 310 6 595.00 $595.00 $1,844 +40.00
378 378 6 597.49 $597.49 $2,259 +82.82
400–448 435 9 525.00–545.00 $533.88 $2,322 +61.39
460–499 487 27 480.00–500.00 $492.55 $2,399 +23.28
502–549 528 160 440.00–462.00 $450.86 $2,381 +17.47
556–587 579 57 419.00–439.00 $424.96 $2,461 +40.96
624 624 9 399.50 $399.50 $2,493 +32.00
679–682 680 28 369.00–372.00 $370.39 $2,519 —
739 739 10 355.00 $355.00 $2,623 +7.00
769–794 776 14 343.00–344.00 $343.71 $2,667 +22.71
807 807 3 323.00 $323.00 $2,607 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
230 230 1 640.00 $640.00 $1,472 —
290 290 1 590.00 $590.00 $1,711 —
314–348 326 29 570.00–580.00 $571.81 $1,864 —
364–397 378 14 560.00–565.00 $562.25 $2,125 —
427 427 7 475.00 $475.00 $2,028 —
455–498 492 21 435.00–475.00 $455.61 $2,242 —
515–545 534 13 415.00–441.00 $430.52 $2,299 —
550–597 585 23 408.00–419.00 $412.05 $2,410 —
600–638 635 15 391.00–394.00 $393.68 $2,500 —
660–695 676 6 340.00–365.00 $356.73 $2,411 —
705–723 717 6 342.00–353.00 $346.49 $2,484 —
770 770 13 331.00–337.00 $331.46 $2,552 —
848 848 2 309.00 $309.00 $2,620 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
295 295 1 555.00 $555.00 $1,637 —
325 325 4 510.00 $510.00 $1,658 —
365 365 1 500.00 $500.00 $1,825 —
425–442 438 4 415.00–420.00 $416.21 $1,823 —
455–487 475 7 412.50–420.00 $413.53 $1,964 —
545 545 4 345.00 $345.00 $1,880 —
650 650 2 322.50–330.00 $326.25 $2,121 —
Medium and Large 2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
635 635 3 357.50 $357.50 $2,270 —
673 673 2 346.00 $346.00 $2,329 —

↑ Back to top

Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–347 337 4 475.00–500.00 $494.34 $1,666 —
354–385 374 22 475.00–500.00 $489.71 $1,832 +70.22
403–411 407 9 470.00–480.00 $475.60 $1,936 +15.60
437 fancy 437 14 560.00 $560.00 $2,447 —
455–479 470 37 436.00–450.00 $446.08 $2,097 +51.08
500–543 522 24 387.50–420.00 $407.38 $2,127 +17.77
550–568 561 11 386.00–390.00 $389.01 $2,182 +24.67
610–635 619 37 356.00–370.00 $367.78 $2,277 +28.66
622 fancy 622 8 409.50 $409.50 $2,547 —
656–663 659 8 342.00–355.00 $350.09 $2,307 -3.91
716–739 718 30 326.00–337.00 $336.24 $2,414 —
804 804 6 320.00 $320.00 $2,573 —
892 892 10 316.00 $316.00 $2,819 —
964 964 27 300.00 $300.00 $2,892 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
370–388 384 8 465.00–467.50 $466.90 $1,793 —
423–448 440 26 450.00–460.00 $456.54 $2,009 +46.54
470–499 494 38 425.00–433.50 $432.39 $2,136 +42.39
510–549 541 19 386.00–387.00 $386.90 $2,093 —
558–560 559 8 371.00–379.00 $375.99 $2,102 +70.99
605–639 625 10 349.00–350.00 $349.39 $2,184 +23.39
650 650 2 336.00 $336.00 $2,184 —
715 715 4 320.00 $320.00 $2,288 —
778 778 25 323.00 $323.00 $2,513 —
975 975 24 288.00 $288.00 $2,808 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
293 293 3 460.00 $460.00 $1,348 —
310–323 314 7 410.00–455.00 $428.88 $1,347 —
375–393 384 4 405.00–440.00 $422.91 $1,624 —
420–445 435 13 425.00–445.00 $433.85 $1,887 +61.43
480–494 491 19 385.00–410.00 $405.05 $1,989 +65.05
510–535 524 12 350.00–376.00 $368.94 $1,933 —
550–595 567 8 342.50–361.00 $350.12 $1,985 —
629–640 633 6 337.00–344.00 $339.36 $2,148 —
685–695 690 2 321.00–330.00 $325.53 $2,246 —
705–743 733 4 311.00–317.50 $314.78 $2,307 —
778 778 2 320.00 $320.00 $2,490 —
845 845 1 263.00 $263.00 $2,222 —
1010–1048 1020 8 235.00 $235.00 $2,397 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325 325 2 385.00 $385.00 $1,251 —
367 367 7 335.00 $335.00 $1,229 —
524–535 526 5 330.00–341.00 $332.24 $1,748 —
612 612 3 311.00 $311.00 $1,903 —
675 675 1 305.00 $305.00 $2,059 —

↑ Back to top

Feeder Bulls

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320–345 333 2 570.00–590.00 $579.62 $1,930 —
378 378 2 550.00 $550.00 $2,079 —
468–495 482 4 402.50–405.00 $403.79 $1,946 —
550–558 555 3 400.00–405.00 $401.65 $2,229 —
705 705 2 322.50 $322.50 $2,274 —
855 855 2 302.00 $302.00 $2,582 —
935 935 1 220.00 $220.00 $2,057 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
360 360 2 612.50 $612.50 $2,205 +77.50

↑ Back to top

Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1190 1190 80-85% 1 163.00 $163.00 $1,940 —
1040–1365 1203 80-85% 2 126.00–135.00 $129.89 $1,563 —
1210–1405 1308 80-85% 2 140.00–149.00 $144.16 $1,886 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1142–1155 1146 85-90% 3 97.50–120.00 $105.06 $1,204 —
1190 1190 85-90% 2 114.00 $114.00 $1,357 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1435 1435 75-80% 1 161.00 $161.00 $2,310 —
1540 1540 75-80% 1 167.00 $167.00 $2,572 —
1758 1758 75-80% 2 147.00 $147.00 $2,584 —

↑ Back to top

Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1095 1095 1 160.00 $160.00 $1,752 —
1467–1903 1641 5 180.00–182.00 $181.07 $2,971 —
1660 1660 3 137.50 $137.50 $2,282 —
1605–1870 1817 5 162.00–162.50 $162.09 $2,945 —
1702–2405 2054 2 170.00–171.00 $170.59 $3,504 —

↑ Back to top

Stock Cows

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
925–972 960 (<2 yrs)Open 4 262.50–270.00 $268.19 $2,575

↑ Back to top

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.