Cattle Market Pulse

Billings Livestock Commission Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Thursday, April 30, 2026

2,561 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 heifers $430.52/cwt ≈ $2,671/hd at 620 lb · 273 head
heavy 5-weight M&L 1 heifers $464.36/cwt +21.67 vs last sale · ≈ $2,642/hd at 569 lb · 207 head
heavy 6-weight M&L 1 heifers $397.33/cwt +7.84 vs last sale · ≈ $2,718/hd at 684 lb · 180 head
HeadThis saleLast saleLast year
Total receipts 2,561 1,011 2,726
Feeder cattle 2,235 334 2,525
Slaughter cattle 138 402 127
Replacement cattle 188 275 74

Compared to last sale (4-16-26): Feeder cattle were all too lightly tested last sale to develop an accurate market trend however higher undertones were noticed on all offerings. Demand was very good for moderate offerings. Feeders were offered in mostly moderate size packages with a few load lots seen as well. Buyers showed very good demand for all offerings suitable to turn out on grass, as ranchers and order buyers both bid aggressively against each other over light fleshed offerings. Many sets of light fleshed offerings were seen this week. Record high prices for this sale barn were seen for grass steers today as many offerings topped 3,000 per head. Buyers were willing to take steers up to 750 lbs and heifers up to 725 lbs to run on grass. Demand from Canadian buyers was very good as several loads of feeders were purchased to ship north to feed. Quality this week was mostly average to attractive. CME positions moved sharply higher this week as higher fat cattle prices have helped provide additional support for feeders. A large crowd was on hand for todays sale. 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 an accurate market trend, however higher undertones were noticed. Demand for feeding cows was very good for limited offerings. Slaughter cows sold on light to moderate demand. Fewer slaughter cow buyers were present this week which allowed slaughter cow prices to weaken. Slaughter bulls were too lightly tested to develop an accurate market trend, however steady undertones were noticed. Young age offerings suitable to feed or rebreed comprised a large portion of the cow offering this week. Buyers continue to be willing to take up to middle age cows to turn out and rebreed. Young cow offerings sold with lower undertones on a lower quality offering. Quality this week was mostly average, and not as attractive as last sale.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
467 467 3 590.00 $590.00 $2,755 +47.96
500–536 533 16 535.00–560.00 $541.65 $2,887 +29.33
570–577 576 81 505.00–525.50 $523.42 $3,015 +22.96
604–645 623 46 466.00–514.00 $491.18 $3,060 +6.18
661–694 670 102 442.00–465.00 $458.46 $3,072 +28.13
702–746 738 133 407.50–427.00 $416.35 $3,073
751–790 772 27 394.00–400.00 $396.63 $3,062
786 786 5 374.00 $374.00 $2,940
803 803 18 387.50 $387.50 $3,112
860–874 869 6 357.00–360.00 $357.99 $3,111
858–899 888 26 334.00–350.00 $338.34 $3,004
913–931 924 18 323.00–334.00 $329.77 $3,047
915–941 940 62 350.00–352.00 $350.09 $3,291
971–977 974 23 332.00–334.00 $332.87 $3,242
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
335 335 2 600.00 $600.00 $2,010
410–428 424 5 575.00–595.00 $591.14 $2,506 +66.14
456–487 thin fleshed 474 22 580.00–582.50 $580.98 $2,754
474 474 23 572.50 $572.50 $2,714 +113.64
515–542 531 8 500.00–525.00 $510.36 $2,710 +72.61
562–597 581 27 442.50–495.00 $472.72 $2,747 +2.72
623–640 631 13 427.50–450.00 $433.85 $2,738 +10.52
667 667 3 430.00 $430.00 $2,868 +76.88
725–731 730 6 385.00–400.00 $397.52 $2,902
773–785 779 4 373.00–387.50 $380.19 $2,962 +60.19
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1090 1090 23 313.50 $313.50 $3,417
1105–1127 1118 5 300.00–302.50 $301.10 $3,366
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
365 365 4 590.00 $590.00 $2,154
534 534 17 470.00 $470.00 $2,510
Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
696 696 6 375.00 $375.00 $2,610
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
634 634 4 410.00 $410.00 $2,599 +76.23

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
460–479 474 11 510.00–512.50 $511.84 $2,426 +19.34
505–534 526 106 475.00–495.00 $491.85 $2,587 +39.10
553–590 569 207 439.00–471.00 $464.36 $2,642 +21.67
603–641 620 270 415.00–444.00 $430.89 $2,672
647 647 3 397.50 $397.50 $2,572
653–695 684 180 391.00–406.00 $397.33 $2,718 +7.84
700–735 722 125 370.00–391.00 $388.61 $2,806 +0.25
757–783 772 36 355.00–378.00 $362.63 $2,800
779–796 787 16 342.50–347.00 $345.08 $2,716
813–832 822 13 334.50–338.00 $335.77 $2,760 -0.71
805–826 823 45 346.00–350.00 $349.37 $2,875 +12.89
949 949 8 313.50 $313.50 $2,975 -35.68
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
390 390 3 510.00 $510.00 $1,989 +24.55
410–440 423 8 500.00–525.00 $516.46 $2,185
456 456 8 495.00 $495.00 $2,257 +93.74
513–520 516 12 460.00–470.00 $461.67 $2,382 +51.67
560–597 591 30 424.00–432.00 $427.35 $2,526 +55.62
623–640 635 21 392.00–416.00 $401.44 $2,549 +56.01
668 668 3 350.00 $350.00 $2,338
702–732 722 9 358.00–370.00 $361.89 $2,613 +30.76
865 865 2 335.00 $335.00 $2,898 +42.59
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
486 486 5 465.00 $465.00 $2,260
648 648 3 406.00 $406.00 $2,631
713 713 2 356.00 $356.00 $2,538
1026 1026 4 301.00 $301.00 $3,088
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
340 340 3 475.00 $475.00 $1,615
471–493 482 8 437.50–442.50 $440.06 $2,121 +77.51
663 663 2 310.00 $310.00 $2,055
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
625 625 4 400.00 $400.00 $2,500

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
480 480 2 547.50 $547.50 $2,628
608 608 2 415.00 $415.00 $2,523 +5.26
687 687 7 415.00 $415.00 $2,851
750–756 755 25 387.50–392.50 $391.71 $2,957 +34.21
800–815 803 6 370.00 $370.00 $2,971 +15.12
878 878 2 320.00 $320.00 $2,810 -25.00
970 970 5 305.00 $305.00 $2,958 -10.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
463 463 2 510.00 $510.00 $2,361
990 990 2 300.00 $300.00 $2,970
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1077 1077 3 295.00 $295.00 $3,177

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1315–1350 1333 80-85% 2 169.00–172.00 $170.48 $2,272 +3.55
1270–1498 1383 80-85% 24 187.00–195.00 $191.34 $2,646 +25.98
1255–1495 1400 80-85% 14 175.00–187.50 $183.40 $2,568
1455 1455 80-85% 2 157.00 $157.00 $2,284 +1.09
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
870–935 903 85-90% 2 105.00–115.00 $110.18 $995
1080 1080 85-90% 1 105.00 $105.00 $1,134 -36.77
1053–1298 1188 85-90% 8 145.00–167.50 $157.88 $1,876 -20.78
1207 1207 85-90% 3 152.50 $152.50 $1,841 -30.87
1170–1268 1228 85-90% 17 189.50–192.50 $190.26 $2,336 +22.86
1240–1260 1248 85-90% 3 177.00–184.00 $181.64 $2,267 +14.24
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1430–1630 1534 75-80% 13 186.00–188.00 $186.92 $2,867 +23.63
1635–1775 1670 75-80% 5 183.00 $183.00 $3,056 +11.25
1695 1695 75-80% 1 171.00 $171.00 $2,898
1650–1945 1717 75-80% 7 167.00–173.00 $168.47 $2,893
1665–1825 1745 75-80% 2 151.00–162.00 $156.25 $2,727

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1335 1335 1 210.00 $210.00 $2,804
1470–1858 1703 5 202.00–208.00 $205.93 $3,507
1705–2265 2035 12 213.00–220.00 $217.80 $4,432
2085–2160 2118 4 225.00–227.00 $226.24 $4,792

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
808–1255 967 (<2 yrs)Open 49 222.50–337.00 $307.67 $2,975
985–1390 1125 Young (2-4 yrs)Open 41 195.00–287.50 $246.52 $2,773
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
834–1080 949 (<2 yrs)Open 21 257.50–312.50 $289.57 $2,748
990–1255 1078 Young (2-4 yrs)Open 13 193.00–280.00 $222.14 $2,395
Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1025–1034 1031 (<2 yrs)Open 10 232.00–247.00 $236.47 $2,438
Medium 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
730–898 831 (<2 yrs)Open 5 305.00–332.50 $314.67 $2,615

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1193 1193 Young (2-4 yrs)3rd Stage (7-9 mo) 7 4,000.00 $4,000.00

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1230 1230 (<2 yrs)3rd Stage (7-9 mo) 4 3,950.00 $3,950.00
Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1390 1390 (<2 yrs)3rd Stage (7-9 mo) 1 3,600.00 $3,600.00

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N/N/A ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1420 1420 80-85% 1 152.50 $152.50 $2,166

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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.