Cattle Market Pulse

Billings Livestock Commission Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Thursday, April 9, 2026

779 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 heifers $466.74/cwt -20.35 vs last sale · ≈ $2,506/hd at 537 lb · 26 head
heavy 5-weight M&L 1 steers $492.00/cwt -6.88 vs last sale · ≈ $2,868/hd at 583 lb · 16 head
light 7-weight M&L 1 steers $412.36/cwt -5.20 vs last sale · ≈ $2,981/hd at 723 lb · 14 head
HeadThis saleLast saleLast year
Total receipts 779 5,059 1,029
Feeder cattle 219 4,989 278
Slaughter cattle 232 35 429
Replacement cattle 328 35 322

Compared to last sale (4-02-26): Feeder cattle were all too lightly tested today to develop an accurate market trend however steady to higher undertones were noticed on all offerings. Demand was mostly good to for light offerings. Feeders were offered in mostly small packages or as singles. Buyers showed good demand as they pushed to finish out loads started earlier in the week. Quality this week was mostly plain to average and significantly lower than last weeks, very attractive, heavy offering. CME positions moved higher over the last couple days providing additional support for higher feeder cattle prices. A small crowd was on hand for todays sale, however limited offerings and strong demand led to active rapid bidding from buyers. Market activity was mostly active as a result. Weigh up cows and bulls sold on good to very good demand for light offerings. Both feeding and slaughter cows were too lightly tested last sale to develop any market trend. Demand for feeding cows was good to very good for limited offerings. Slaughter cows sold on slightly stronger demand this week as packers showed need for cows for immediate harvest. Slaughter bulls were too lightly tested last sale to develop an accurate market trend. however higher undertones were noticed. Very good demand was seen for feeding type bulls this week as packers and feeding bull buyers competed over limited offerings. Young age offerings suitable to feed or rebreed comprised a large portion of the sale this week. Buyers were willing to take up to middle age cows to turn out and rebreed. Young cow offerings were too lightly tested to develop an accurate market trend, however higher undertones were noticed. Quality this week was mostly average to attractive.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
475–498 495 10 535.00–550.00 $537.85 $2,662 -32.39
583 583 16 492.00 $492.00 $2,868 -6.88
645 645 1 450.00 $450.00 $2,902 -25.37
715–728 723 14 410.00–414.00 $412.36 $2,981 -5.20
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
510 510 2 500.00 $500.00 $2,550 +25.00
558–590 566 4 450.00–470.00 $464.79 $2,631 -1.76
600–643 636 6 417.50–432.50 $424.33 $2,699 -16.20
902 902 5 333.00 $333.00 $3,004 +8.00

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
398 398 3 565.00 $565.00 $2,249 +31.63
413 413 2 550.00 $550.00 $2,272 +23.09
510–542 537 26 465.00–485.00 $466.74 $2,506 +49.24
588 588 5 430.00 $430.00 $2,528 +4.00
623 623 5 434.00 $434.00 $2,704 +12.50
655–668 666 8 385.00–391.00 $390.26 $2,599 -21.18
710 710 4 379.00 $379.00 $2,691 +16.10
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310 310 1 560.00 $560.00 $1,736
478 478 2 475.00 $475.00 $2,270 +0.34
693 693 2 375.00 $375.00 $2,599 +14.19
700–740 730 8 362.50–369.00 $367.85 $2,685 +14.54
Medium and Large 1 ($/head)
Weight (lb) Avg wt Head Price range Avg $ Δ last sale
90 90 1 900.00 $900.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt Head Price range Avg $ Δ last sale
78 78 1 600.00 $600.00

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
565 565 1 415.00 $415.00 $2,345
625–630 628 6 410.00–420.00 $411.67 $2,585
670–688 682 3 380.00–390.00 $383.27 $2,614 +11.99

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1277–1560 1343 80-85% 18 171.00–183.00 $178.84 $2,402
1275–1535 1405 80-85% 2 157.00–165.00 $160.63 $2,257
1275–1590 1416 80-85% 17 155.00–170.00 $167.10 $2,366
1295–1545 1422 80-85% 32 184.00–193.00 $187.63 $2,668
1590–1755 1645 80-85% 3 169.00–171.00 $170.29 $2,801
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
740–820 780 85-90% 2 110.00–130.00 $119.49 $932
850 850 85-90% 1 85.00 $85.00 $722
1005–1125 1074 85-90% 5 127.50–142.50 $134.67 $1,446 -26.94
920–1305 1119 85-90% 28 135.00–169.00 $162.89 $1,823
1145 1145 85-90% 1 158.00 $158.00 $1,809
1052–1290 1186 85-90% 14 170.00–177.50 $174.06 $2,064 +34.06
1205 1205 85-90% 1 112.50 $112.50 $1,356
1220–1285 1229 85-90% 16 181.00–184.50 $183.89 $2,260
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1335–1510 1449 75-80% 7 183.00–187.50 $184.16 $2,668
1535–1613 1582 75-80% 11 176.00–182.00 $178.49 $2,824
1580–1840 1676 75-80% 7 169.00–174.00 $171.33 $2,871
1750–1880 1815 75-80% 2 164.00 $164.00 $2,977

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1383 1383 2 205.50 $205.50 $2,842
1465 1465 1 198.00 $198.00 $2,901
1360–1760 1591 18 211.00–219.50 $215.75 $3,433
1945 1945 1 229.00 $229.00 $4,454 +47.00
1603–2290 1994 11 208.00–223.00 $218.87 $4,364
YG2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
2568 2568 2 208.00 $208.00 $5,341

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
850–1275 996 (<2 yrs)Open 63 235.00–335.00 $300.98 $2,998
1040–1385 1172 Young (2-4 yrs)Open 49 190.00–302.50 $246.21 $2,886
1073–1580 1226 Young/Middle Aged (2-8 yrs)Open 56 182.00–238.00 $214.02 $2,624
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
765–935 thin fleshed 850 (<2 yrs)Open 2 265.00–285.00 $274.00 $2,329
825–1165 982 (<2 yrs)Open 31 231.00–320.00 $288.93 $2,837
860–1380 1093 Young (2-4 yrs)Open 26 185.00–310.00 $233.91 $2,557
Medium 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
710–938 835 (<2 yrs)Open 4 245.00–310.00 $268.98 $2,246
Medium 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
755–1095 912 (<2 yrs)Open 3 255.00–325.00 $290.50 $2,649
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
925 925 (<2 yrs)Open 1 280.00 $280.00 $2,590
960–1125 1043 Young (2-4 yrs)Open 2 192.50–210.00 $200.56 $2,092
Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
905 905 (<2 yrs)Open 1 237.50 $237.50 $2,149

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1298–1533 1399 Young (2-4 yrs)3rd Stage (7-9 mo) 7 4,000.00–4,450.00 $4,255.35
1410 1410 Young (2-4 yrs)2nd Stage (4-6 mo) 1 3,500.00 $3,500.00
1237–1542 1428 Middle Aged/Aged (>5 yrs)3rd Stage (7-9 mo) 8 4,200.00–4,250.00 $4,216.25
1497 1497 Middle Aged/Aged (>5 yrs)2nd/3rd Stage (4-9 mo) 6 3,650.00 $3,650.00
1488–1608 1548 Middle Aged (5-8 yrs)3rd Stage (7-9 mo) 4 4,250.00 $4,250.00
1485–1720 1563 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 3 4,000.00–4,100.00 $4,036.67
1616 1616 Aged (>8 yrs)3rd Stage (7-9 mo) 5 3,650.00 $3,650.00
1650 1650 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 4,000.00 $4,000.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1330 1330 Aged (>8 yrs)3rd Stage (7-9 mo) 1 3,100.00 $3,100.00
1380 1380 Middle Aged/Aged (>5 yrs)3rd Stage (7-9 mo) 1 3,500.00 $3,500.00

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1005 1005 (<2 yrs)3rd Stage (7-9 mo) 2 4,000.00 $4,000.00

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1328 1328 Middle Aged (5-8 yrs)Open 8 4,500.00 $4,500.00
1512 1512 Aged (>8 yrs)Open 11 4,250.00 $4,250.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1622 1622 Middle Aged/Aged (>5 yrs)Open 5 3,650.00 $3,650.00

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N/N/A ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
915 915 85-90% 1 105.00 $105.00 $961

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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.