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 —

↑ Back to top

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 —

↑ Back to top

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 —

↑ Back to top

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 —

↑ Back to top

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 —

↑ Back to top

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

↑ Back to top

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

↑ Back to top

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 —

↑ 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.