Cattle Market Pulse

Billings Livestock Commission Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Thursday, January 15, 2026

3,851 head sold ·Official USDA report

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

heavy 5-weight M&L 1 heifers $428.27/cwt +2.35 vs last sale · ≈ $2,463/hd at 575 lb · 306 head
light 6-weight M&L 1 steers $443.95/cwt +5.01 vs last sale · ≈ $2,744/hd at 618 lb · 287 head
heavy 5-weight M&L 1 steers $486.67/cwt +21.20 vs last sale · ≈ $2,769/hd at 569 lb · 276 head
HeadThis saleLast saleLast year
Head itemized in priced lots 3,851

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
285 285 1 740.00 $740.00 $2,109 +20.00
300–315 306 5 700.00–710.00 $701.99 $2,148
351–395 375 17 655.00–690.00 $671.85 $2,519 +16.26
362–395 unweaned 379 23 630.00–635.00 $632.28 $2,396
411–446 426 35 595.00–652.50 $611.38 $2,604 +8.10
434 unweaned 434 6 605.00 $605.00 $2,626 -0.03
450 thin fleshed 450 3 630.00 $630.00 $2,835
451–490 478 98 550.00–594.00 $578.40 $2,765 +20.53
502–542 519 218 500.00–550.00 $526.10 $2,730 +18.49
522–539 unweaned 527 29 497.50–500.00 $499.29 $2,631 -20.71
550–583 569 276 460.00–501.00 $486.67 $2,769 +23.08
602–643 617 277 429.00–458.00 $445.28 $2,747 +5.59
647 unweaned 647 10 407.00 $407.00 $2,633 -31.04
650–689 668 132 405.00–430.00 $417.16 $2,787 +3.87
681 unweaned 681 8 404.00 $404.00 $2,751
701–738 718 91 387.00–411.00 $397.41 $2,853 +5.85
754–796 774 162 370.00–394.00 $381.02 $2,949 +9.80
808–818 810 12 369.00–371.00 $370.66 $3,002
843 843 22 347.00 $347.00 $2,925
880–883 882 26 340.50–347.00 $343.24 $3,027
1010 1010 5 312.00 $312.00 $3,151
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
330–335 332 6 660.00–685.00 $679.17 $2,255 +14.17
350–398 389 21 525.00–635.00 $606.06 $2,358 -3.94
414–443 429 23 565.00–605.00 $576.28 $2,472 +7.37
450–498 482 18 510.00–550.00 $535.80 $2,583 +20.26
512–540 519 49 462.50–531.00 $513.86 $2,667 +35.78
551–594 562 29 427.50–445.00 $442.47 $2,487 +7.50
601–648 631 53 410.00–432.00 $416.76 $2,630 +10.89
670–699 695 74 388.00–403.00 $391.24 $2,719 +13.05
714–740 720 17 375.00–385.00 $380.42 $2,739 +4.95
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
488 488 22 572.50 $572.50 $2,794
501–549 513 43 480.00–535.00 $519.06 $2,663
595 595 2 435.00 $435.00 $2,588
639–642 640 8 418.00–424.00 $421.74 $2,699
693–698 695 12 388.00–390.00 $388.67 $2,701
735 735 3 370.00 $370.00 $2,720
778 778 3 367.00 $367.00 $2,855 +11.00
840 840 2 355.00 $355.00 $2,982 +10.00
892 892 24 338.00 $338.00 $3,015 -5.00
946 946 5 321.00 $321.00 $3,037 -8.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
428 428 6 430.00 $430.00 $1,840
605 605 2 365.00 $365.00 $2,208
Medium 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
540 540 4 380.00 $380.00 $2,052

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
308–345 321 6 565.00–575.00 $568.40 $1,825 -8.67
376 unweaned 376 16 485.00 $485.00 $1,824
351–399 385 40 530.00–550.00 $534.15 $2,056 -10.45
402–441 426 27 510.00–530.00 $520.32 $2,217 +9.03
430 unweaned 430 5 530.00 $530.00 $2,279 +26.40
460–482 475 91 485.00–506.00 $499.81 $2,374 +15.02
496 unweaned 496 22 450.00 $450.00 $2,232 -34.04
507–510 fancy 509 15 500.00–504.00 $503.20 $2,561
509–549 533 190 440.00–490.00 $461.30 $2,459 +8.15
534 unweaned 534 7 472.50 $472.50 $2,523
555–599 575 306 412.00–440.00 $428.27 $2,463 -2.18
606–609 fancy 606 41 426.00–427.50 $426.15 $2,582
602–645 617 100 387.50–411.00 $404.77 $2,497 +5.19
626 unweaned 626 5 426.00 $426.00 $2,667 +7.00
656 fancy 656 69 396.00 $396.00 $2,598
650–686 667 129 368.00–391.00 $371.50 $2,478 -1.38
708–722 715 55 363.00–371.00 $366.52 $2,621 +12.39
763 763 6 350.00 $350.00 $2,670
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
303 unweaned 303 7 485.00 $485.00 $1,470
350–398 391 30 510.00–525.00 $512.68 $2,005 -12.32
406–449 424 52 442.50–505.00 $490.45 $2,080 +8.15
457–497 477 82 430.00–467.50 $446.26 $2,129 -16.02
498 unweaned 498 5 425.00 $425.00 $2,116
514–542 529 64 402.50–435.00 $420.56 $2,225 -0.41
559–596 579 52 390.00–410.00 $400.15 $2,317 -7.58
615–632 629 11 380.00–382.00 $381.64 $2,401 +3.12
650–688 668 26 342.00–370.00 $356.02 $2,378 +22.09
767 767 8 347.00 $347.00 $2,661
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
463–484 479 80 450.00–480.00 $466.76 $2,236
535 535 2 420.00 $420.00 $2,247 -12.50
662–698 670 9 363.00–367.00 $366.07 $2,453
839 839 4 331.00 $331.00 $2,777
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
385 385 5 422.50 $422.50 $1,627 -77.50
443 443 4 380.00 $380.00 $1,683
530–548 544 23 380.00–390.00 $388.69 $2,114
560 560 3 380.00 $380.00 $2,128
Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
448 448 8 425.00 $425.00 $1,904
504–515 505 23 395.00 $395.00 $1,995
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
573 unweaned 573 4 412.50 $412.50 $2,364

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
584–589 586 12 420.00–455.00 $443.27 $2,598 +30.97
653–675 661 16 385.00–397.50 $391.49 $2,588
728 728 4 380.00 $380.00 $2,766
759–763 760 11 360.00–372.50 $367.94 $2,796
913 913 2 316.00 $316.00 $2,885
963 963 3 295.00 $295.00 $2,841
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
676 676 4 380.00 $380.00 $2,569

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1228 1228 80-85% 2 173.00 $173.00 $2,124
1228–1565 1347 80-85% 30 142.00–158.00 $150.11 $2,022
1283–1555 1363 80-85% 51 158.00–169.00 $163.40 $2,227 +27.16
1020–1535 1371 80-85% 8 125.00–142.00 $132.92 $1,822 -3.32
1475–1500 1488 80-85% 4 109.00–122.50 $115.69 $1,721
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
760–918 865 85-90% 3 60.00–70.00 $67.07 $580 -58.72
870–888 882 85-90% 3 110.00–115.00 $113.36 $1,000 -12.43
1045–1130 1080 85-90% 5 127.50–136.00 $132.15 $1,427
1005–1210 1084 85-90% 14 130.00–152.00 $142.58 $1,546
1090–1115 1103 85-90% 2 75.00–85.00 $80.06 $883
1125 1125 85-90% 1 138.00 $138.00 $1,552
1045–1290 1138 85-90% 9 103.00–120.00 $111.72 $1,271
1080–1285 1211 85-90% 12 157.00–165.00 $159.89 $1,936 +51.50
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1330–1925 1565 75-80% 15 158.00–168.00 $163.01 $2,551 +25.01
1540–1810 1631 75-80% 16 161.00–168.00 $162.78 $2,655
1655 1655 75-80% 1 154.00 $154.00 $2,549 +6.00
1765 1765 75-80% 1 129.00 $129.00 $2,277

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1665–1860 1787 3 164.00–175.00 $171.24 $3,060 +2.62
1735–2030 1882 11 151.00–176.00 $161.18 $3,033 -22.82
1835–2058 1974 8 176.00–184.00 $180.05 $3,554
2155–2175 2162 3 189.00–197.50 $191.85 $4,148
YG2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
2255 2255 1 186.00 $186.00 $4,194

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
807–1153 991 Young (2-4 yrs)Open 25 210.00–290.00 $244.97 $2,428
1325 1325 Young (2-4 yrs)Open 1 180.00 $180.00 $2,385
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
935–1305 1051 Young (2-4 yrs)Open 14 165.00–225.00 $203.75 $2,141
1298 1298 Young/Middle Aged (2-8 yrs)Open 9 170.00 $170.00 $2,207
Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
899 899 Young (2-4 yrs)Open 10 212.50 $212.50 $1,910
Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
948 948 Young (2-4 yrs)Open 5 170.00 $170.00 $1,612

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Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1392 1392 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 5 2,250.00 $2,250.00

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N/N/A ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1425 1425 85-90% 1 120.00 $120.00 $1,710
1531 1531 80-85% 6 114.00 $114.00 $1,745
1823 1823 75-80% 6 131.00 $131.00 $2,388

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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.