Cattle Market Pulse

Billings Livestock Commission Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Thursday, March 19, 2026

439 head sold ·Official USDA report

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

HeadThis saleLast saleLast year
Total receipts 439 561 800
Feeder cattle 52 244 259
Slaughter cattle 265 152 246
Replacement cattle 122 165 295

Compared to last sale (3-12-26): Feeder cattle were all too lightly tested to develop any market trend. Quality this week was mostly average. Demand was mostly moderate for light offerings. A moderate crowd was on hand for todays sale with a few additional buyers in the stands this week, despite light offerings. Market activity was moderate to active as a result. Weigh up cows sold on mostly good demand for light offerings. Quality this week was mostly plain to average and not as attractive as last week. Feeding cows continue to drive the market as almost every cow was purchased to feed in some capacity. Feeding cows sold generally steady on a lower quality offering. Weigh up conditions were mostly average to below average this week and not as good as last week. A limited number of slaughter cows were purchased this week as feeding demand pushed cow prices over where slaughter buyers wanted to buy cows. Slaughter cows were too lightly tested to develop an accurate market trend, however higher undertones were noticed on all offerings. Slaughter bulls sold mostly 5.00 higher. Feeding bulls sold 5.00-8.00 higher as packers and feeding buyers both bid aggressively over similar offerings. Young age offerings suitable to feed or rebreed were too lightly tested last week to develop an accurate market trend, however higher undertones were noticed on a better quality offering. Quality this week was mostly average with a few attractive offerings noticed.

New to these tables? Plain-English explainers ↓

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
365–390 378 2 575.00–580.00 $577.58 $2,183 -2.42
777–785 779 9 343.00–345.00 $344.55 $2,684
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320–330 325 2 650.00–660.00 $654.92 $2,128
628 628 5 460.00 $460.00 $2,889 +31.35

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
525 525 2 450.00 $450.00 $2,362
608–638 626 5 412.50–415.00 $413.47 $2,588 +19.47
744 744 5 348.00 $348.00 $2,589 +10.50

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
523 523 4 472.50 $472.50 $2,471
795 795 1 342.50 $342.50 $2,723
1005 1005 2 297.50 $297.50 $2,990 +17.50
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1150 1150 1 277.50 $277.50 $3,191
1225 1225 1 232.50 $232.50 $2,848
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
465 465 1 530.00 $530.00 $2,464 -6.67
1075 1075 1 305.00 $305.00 $3,279
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1025 1025 1 250.00 $250.00 $2,562

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1300 1300 80-85% 1 154.00 $154.00 $2,002
1185–1755 1390 80-85% 27 155.00–169.00 $164.44 $2,286 -24.07
1258–1622 1421 80-85% 74 169.00–181.50 $176.78 $2,512 +20.80
1393–1439 1424 80-85% 20 182.00–183.00 $182.48 $2,599 +26.50
1430 1430 80-85% 1 167.00 $167.00 $2,388 +11.02
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
895 895 85-90% 1 115.00 $115.00 $1,029
1000–1180 1108 85-90% 3 120.00–142.50 $133.01 $1,474 +23.55
1000–1280 1155 85-90% 16 142.50–166.00 $155.15 $1,792 -8.19
1135–1240 1202 85-90% 12 170.00–177.50 $173.36 $2,084 +3.02
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1460–1598 1507 75-80% 13 175.00–179.00 $177.13 $2,669
1390–1698 1537 75-80% 9 162.00–165.50 $164.33 $2,526
1685 1685 75-80% 1 159.00 $159.00 $2,679
1625–1927 1874 75-80% 7 164.00–169.50 $167.70 $3,143

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1230 1230 1 162.00 $162.00 $1,993
1410–1515 1480 3 192.50–200.00 $197.62 $2,925
1442–1823 1596 14 200.00–216.00 $208.09 $3,321 +16.53
1635–1960 1798 2 190.00–198.00 $194.36 $3,495
1840–2098 2026 10 207.00–216.00 $212.30 $4,301
2198 2198 1 219.00 $219.00 $4,814
YG2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1570 1570 1 167.50 $167.50 $2,630
2450 2450 1 192.50 $192.50 $4,716

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
825–1182 1016 (<2 yrs)Open 21 240.00–317.50 $282.46 $2,870
885–1375 1116 Young (2-4 yrs)Open 25 215.00–322.00 $260.20 $2,904
1395 1395 Young/Middle Aged (2-8 yrs)Open 2 192.00 $192.00 $2,678
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
990 990 (<2 yrs)Open 1 270.00 $270.00 $2,673
850–1295 1067 Young (2-4 yrs)Open 9 182.50–290.00 $234.48 $2,502
Medium 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
695–845 770 (<2 yrs)Open 2 275.00–280.00 $277.26 $2,135
770 770 Young (2-4 yrs)Open 1 285.00 $285.00 $2,194
Medium 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
860 860 Young (2-4 yrs)Open 1 295.00 $295.00 $2,537

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1156 1156 Young (2-4 yrs)1st Stage (1-3 mo) 6 3,185.00 $3,185.00
1145–1353 1249 Young (2-4 yrs)3rd Stage (7-9 mo) 6 4,400.00–4,475.00 $4,440.62
1380 1380 Young (2-4 yrs)2nd Stage (4-6 mo) 1 3,525.00 $3,525.00
1415 1415 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 3,000.00 $3,000.00
1420 1420 Middle Aged/Aged (>5 yrs)1st/2nd Stage (1-6 mo) 1 2,350.00 $2,350.00
1423 1423 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 2 4,250.00 $4,250.00
1460–1893 1785 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 4 3,050.00–3,350.00 $3,288.65
1865 1865 Middle Aged/Aged (>5 yrs)2nd Stage (4-6 mo) 3 3,300.00 $3,300.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1052 1052 Young (2-4 yrs)3rd Stage (7-9 mo) 10 3,700.00 $3,700.00

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1090–1385 1203 (<2 yrs)3rd Stage (7-9 mo) 4 4,025.00–4,075.00 $4,039.40
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1020 1020 (<2 yrs)3rd Stage (7-9 mo) 3 3,800.00 $3,800.00

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Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1203 1203 Young/Middle Aged (2-8 yrs)Open 3 4,650.00 $4,650.00

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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.