Cattle Market Pulse

Billings Livestock Commission Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Thursday, January 8, 2026

2,896 head sold ·Official USDA report

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

light 6-weight M&L 1 steers $438.93/cwt +18.38 vs last sale · ≈ $2,769/hd at 631 lb · 246 head
light 5-weight M&L 1 heifers $462.89/cwt +45.43 vs last sale · ≈ $2,437/hd at 526 lb · 221 head
light 6-weight M&L 1 heifers $404.03/cwt +50.70 vs last sale · ≈ $2,492/hd at 617 lb · 181 head
HeadThis saleLast saleLast year
Head itemized in priced lots 2,896

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
280 280 2 720.00 $720.00 $2,016 +17.57
343 343 3 700.00 $700.00 $2,401 +82.01
350–391 383 16 640.00–680.00 $655.59 $2,511 +63.09
422–424 unweaned 423 10 595.00–620.00 $605.03 $2,559
405–439 428 67 589.00–635.00 $603.28 $2,582 +24.79
450–499 477 123 536.00–590.00 $557.87 $2,661 +13.55
485 unweaned 485 12 552.50 $552.50 $2,680 +42.50
502–547 525 151 485.00–540.00 $507.61 $2,665 +24.95
531 unweaned 531 14 520.00 $520.00 $2,761
555 unweaned 555 18 480.00 $480.00 $2,664 +10.00
563–598 581 139 445.00–482.50 $463.59 $2,693 +7.53
602–649 630 133 424.00–456.00 $439.69 $2,770 +19.14
625–636 unweaned 632 113 434.00–445.00 $438.04 $2,768
657–697 676 164 400.00–426.00 $413.29 $2,794 +38.29
710 unweaned 710 2 389.00 $389.00 $2,762
713–745 737 66 383.00–400.00 $391.56 $2,886 +38.56
755 fancy 755 61 400.00 $400.00 $3,020
753–781 776 38 368.00–380.00 $371.22 $2,881
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
303 303 2 665.00 $665.00 $2,015
384 384 9 610.00 $610.00 $2,342
400–428 421 12 555.00–590.00 $568.91 $2,395 +56.98
465–499 491 17 500.00–520.00 $515.54 $2,531 +35.54
533–549 543 20 475.00–487.50 $478.08 $2,596 +34.48
588–593 590 5 427.50–440.00 $434.97 $2,566 +7.47
613 unweaned 613 6 412.50 $412.50 $2,529
600–641 635 15 395.00–422.00 $405.87 $2,577 +10.87
656 unweaned 656 5 367.50 $367.50 $2,411
662–683 675 18 355.00–392.50 $378.19 $2,553 +34.19
710–735 716 13 375.00–377.00 $375.47 $2,688
765–782 779 6 352.00–361.00 $359.53 $2,801 +15.70
829–843 840 44 346.00–349.00 $348.33 $2,926
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
363 363 15 585.00 $585.00 $2,124
430 430 29 562.50 $562.50 $2,419
543 543 52 470.00 $470.00 $2,552
674 674 5 342.50 $342.50 $2,308
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
650 650 4 365.00 $365.00 $2,372
778 778 6 356.00 $356.00 $2,770
829 829 7 345.00 $345.00 $2,860
860 860 3 343.00 $343.00 $2,950
935 935 5 329.00 $329.00 $3,076
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
375 375 3 445.00 $445.00 $1,669 -15.00
723 723 2 355.00 $355.00 $2,567

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325–335 333 5 565.00–580.00 $577.07 $1,922 +59.57
378–383 380 14 537.50–550.00 $544.60 $2,069 +52.18
408–431 416 63 500.00–530.00 $511.29 $2,127 +43.36
400–419 unweaned 417 24 500.00–530.00 $503.60 $2,100
455–496 478 73 475.00–500.00 $484.79 $2,317 +40.93
475–498 unweaned 480 29 457.50–495.00 $484.04 $2,323 +48.08
500–546 524 160 435.00–479.00 $453.15 $2,375 +40.16
515–542 thin fleshed 533 61 485.00–490.00 $488.42 $2,603
551–592 577 67 420.00–436.00 $430.45 $2,484 +49.88
585 585 4 350.00 $350.00 $2,048 -30.57
604 unweaned 604 26 419.00 $419.00 $2,531
600–648 618 122 380.00–416.00 $399.58 $2,469 +44.63
608–647 623 33 388.00–423.00 $408.69 $2,546 +53.74
661–699 674 27 350.00–382.00 $372.88 $2,513 +21.04
650–696 694 122 368.50–390.00 $369.46 $2,564 +17.62
708 708 9 322.50 $322.50 $2,283 -17.50
702–729 719 13 350.00–361.00 $354.13 $2,546 +14.13
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
232 232 5 550.00 $550.00 $1,276
310–348 329 4 530.00–560.00 $545.87 $1,796 +65.87
358 358 2 525.00 $525.00 $1,880 +55.00
430–449 446 17 480.00–492.50 $482.30 $2,151 +68.53
455–484 470 30 453.00–470.00 $462.28 $2,173 +35.28
500–544 534 51 397.00–435.00 $420.97 $2,248 +42.34
541 unweaned 541 17 419.00 $419.00 $2,267
570–586 581 41 365.00–417.50 $407.73 $2,369 +54.29
623–635 628 65 322.50–396.00 $378.52 $2,377 +34.77
659–675 662 16 332.50–340.00 $333.93 $2,211 +7.91
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
278 278 3 520.00 $520.00 $1,446
314 314 5 590.00 $590.00 $1,853
391 391 33 525.00 $525.00 $2,053 +171.66
588 588 4 330.00 $330.00 $1,940
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
393 393 3 500.00 $500.00 $1,965
455–470 464 7 420.00–430.00 $425.79 $1,976 +65.79
690 690 2 325.00 $325.00 $2,242
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
520 520 3 432.50 $432.50 $2,249
757 757 3 315.00 $315.00 $2,385

↑ Back to top

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
541 541 8 410.00 $410.00 $2,218 +26.01
619 619 7 385.00 $385.00 $2,383 +60.00
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
447 447 3 480.00 $480.00 $2,146 -9.20
555–569 564 10 400.00–420.00 $412.30 $2,325

↑ Back to top

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1360 1360 80-85% 1 125.00 $125.00 $1,700 -24.88
1225–1525 1365 80-85% 13 127.50–139.00 $136.24 $1,860 -13.64
1208–1505 1416 80-85% 31 172.00–177.00 $173.57 $2,458
1250–1595 1427 80-85% 8 128.00–150.00 $139.84 $1,996
1290–1567 1442 80-85% 33 154.00–171.00 $164.18 $2,367
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
820–940 869 85-90% 4 122.50–130.00 $125.79 $1,093 +70.79
975–987 984 85-90% 4 100.00–102.50 $100.62 $990
1070–1260 1197 85-90% 6 125.00–133.00 $130.25 $1,559 -8.68
1115–1285 1204 85-90% 32 150.00–163.00 $161.84 $1,949
1090–1275 1214 85-90% 7 102.50–125.00 $108.39 $1,316
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1487–1610 1496 75-80% 21 173.00–175.50 $175.25 $2,622
1580 1580 75-80% 1 138.00 $138.00 $2,180 -27.83
1690 1690 75-80% 1 148.00 $148.00 $2,501
1675–1755 1725 75-80% 3 161.00–171.00 $166.33 $2,869 +3.93
2258 2258 75-80% 1 156.00 $156.00 $3,522

↑ Back to top

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1635–1935 1779 4 167.00–171.00 $168.62 $3,000
1805 1805 1 187.00 $187.00 $3,375
1860 1860 1 184.00 $184.00 $3,422
2615 2615 1 184.00 $184.00 $4,812

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
892–1380 1102 Young (2-4 yrs)Open 74 190.00–315.00 $242.52 $2,673
1164–1435 1211 Young/Middle Aged (2-8 yrs)Open 11 177.00–181.00 $177.75 $2,153
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
900–995 936 Young (2-4 yrs)Open 5 214.00–240.00 $228.71 $2,141
1245–1285 1265 Young/Middle Aged (2-8 yrs)Open 2 158.00–166.00 $162.06 $2,050
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
945–1055 1000 Young (2-4 yrs)Open 2 185.00–195.00 $190.28 $1,903
Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
860 860 (<2 yrs)Open 1 240.00 $240.00 $2,064
Medium 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
795 795 Young (2-4 yrs)Open 1 217.50 $217.50 $1,729

↑ Back to top

N/N/A ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1225 1225 80-85% 1 128.00 $128.00 $1,568

↑ Back to top

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.