Billings Livestock Commission Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Thursday, June 4, 2026

879 head sold ·Official USDA report

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

heavy 7-weight M&L 1 heifers $362.63/cwt -1.12 vs last sale · ≈ $2,821/hd at 778 lb · 31 head

heavy 6-weight M&L 1 steers $445.00/cwt +23.93 vs last sale · ≈ $2,946/hd at 662 lb · 26 head

light 5-weight M&L 1 steers $546.00/cwt ≈ $2,779/hd at 509 lb · 23 head

Receipts

Head	This sale	Last sale	Last year
Total receipts	879	1,999	902
Feeder cattle	255	722	244
Slaughter cattle	412	356	469
Replacement cattle	212	921	189

Market comments — USDA reporter

Compared to last sale (5-28-26): Feeder cattle were all too lightly tested last week to develop an accurate market trend, however higher undertones were noticed on steers and steady undertones were noticed on heifers on a lower quality offering. Quality this week was mixed from plain to attractive, but overall was not as attractive as last week. CME Feeder cattle futures hit the 10.75 limit today after USDA confirmed the first U.S. case of New World screwworm. Recent rainfall across dry northern Plains areas also helped boost demand as buyers purchased some cattle to turn out on summer pastures. Demand was mostly good to very good for light offerings. Most offerings were offered in small groups this week. A small to moderate size crowd was on hand for todays sale. Market activity was mostly active. Weigh up cows sold on moderate demand and offerings. Demand for feeding cows was mostly moderate to good. Canadian buyers were back in the market this week. American packers tried to buy cows lower but with Canadian and private feeders both in the market, feeding cows sold fully steady on all classes. Cow quality this week was mostly average. Demand for slaughter cows was mostly light. Too few slaughter cows were seen to develop an accurate market trend, however lower undertones were noticed. Demand for blemished or slightly lame feeding cows was good and most offerings sold over slaughter cow orders this week. Slaughter bulls sold mostly 3.00-5.00 lower on lighter demand from all packer buyers. Demand for feeding bull was good to very good. Some feeding bulls sold higher than slaughter bulls on a dressed basis as feeding bull buyers continue to purchase thin and lower yielding bulls to put on feed to improve yield. Bull quality this week was mostly average to attractive. Feeding bulls sold mostly steady to weak due to lighter demand from packers. 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. Quality this week was mostly average. Demand for young rebreed cows improved this week as rains helped improve pasture and range conditions across the plains.

▼ Feeder cattle: American packers tried to buy cows lower but with Canadian and private feeders both in the market
▲ Feeder heifers: however higher undertones were noticed on steers and steady undertones were noticed on heifers on a lower quality offering
▲ Feeder steers: however higher undertones were noticed on steers and steady undertones were noticed on heifers on a lower quality offering
▼ Slaughter bulls: Slaughter bulls sold mostly 3.00-5.00 lower on lighter demand from all packer buyers
→ Slaughter cows: Demand for slaughter cows was mostly light

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
509	509	23	546.00	$546.00	$2,779	—
569–570	569	14	482.50–501.00	$493.06	$2,806	-31.94
662	662	26	445.00	$445.00	$2,946	+23.93
700–702	701	6	415.00–427.00	$423.50	$2,969	+11.50
805	805	4	386.00	$386.00	$3,107	+22.57

Medium and Large 1-2 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
648	648	2	430.00	$430.00	$2,786	—
680	680	1	405.00	$405.00	$2,754	-20.00
730	730	1	385.00	$385.00	$2,810	±0.00
835	835	1	357.00	$357.00	$2,981	+2.00
915	915	1	310.00	$310.00	$2,836	—
1010	1010	1	308.00	$308.00	$3,111	+4.00

Medium 1-2 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
375	375	3	470.00	$470.00	$1,762	—

Medium and Large 2 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
655	655	1	355.00	$355.00	$2,325	-42.50
875	875	1	315.00	$315.00	$2,756	—

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
550–586	582	8	432.50–441.00	$440.00	$2,561	+4.62
628–643	641	17	388.00–407.00	$390.19	$2,501	-17.09
717	717	3	379.00	$379.00	$2,717	+1.35
762–790	778	31	347.00–367.00	$362.63	$2,821	-1.12
812	812	3	348.00	$348.00	$2,826	-7.82

Medium and Large 1-2 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
550	550	1	410.00	$410.00	$2,255	—
700–745	736	9	325.00–361.00	$354.85	$2,612	+0.85
773	773	5	340.00	$340.00	$2,628	-1.60
808–848	828	4	316.00–334.00	$325.22	$2,693	-2.28
867	867	7	335.00	$335.00	$2,904	—

Medium 1 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
543	543	2	407.50	$407.50	$2,213	—

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Feeder Bulls

Medium and Large 1-2 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
300 unweaned	300	2	555.00	$555.00	$1,665	—
460–485	466	4	470.00–480.00	$472.60	$2,202	-17.40
590	590	1	400.00	$400.00	$2,360	—
600–605	603	3	385.00	$385.00	$2,322	—
650–683	675	4	371.00–380.00	$373.17	$2,519	-16.83
798	798	2	328.00	$328.00	$2,617	-34.00
833–840	835	3	312.50–327.50	$322.47	$2,693	—
888	888	2	318.00	$318.00	$2,824	—

Large 1 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
1142	1142	5	275.00	$275.00	$3,140	—
1155	1155	1	263.00	$263.00	$3,038	—
1255–1260	1257	3	232.00–232.50	$232.17	$2,918	—
1383	1383	3	232.00	$232.00	$3,209	—

Medium and Large 1 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
609	609	6	407.50	$407.50	$2,482	—
760	760	2	367.50	$367.50	$2,793	—
920	920	1	321.00	$321.00	$2,953	—

Medium and Large 1 ($/head)
Weight (lb)	Avg wt	Age	Stage	Head	Price range	Avg $	Δ last sale
1313	1313	(<2 yrs)	N/A	3	4,200.00	$4,200.00	—

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Slaughter Cows

Boner ($/cwt)
Weight (lb)	Avg wt	Dressing	Head	Price range	Avg $	≈ $/hd	Δ last sale
1260–1578	1377	80-85%	55	186.50–193.00	$188.13	$2,591	+7.03
1300–1675	1415	80-85%	18	158.00–174.00	$168.40	$2,383	+0.47
1280–1616	1417	80-85%	58	179.00–186.50	$183.61	$2,602	+15.68
1615	1615	80-85%	1	166.00	$166.00	$2,681	—

Lean ($/cwt)
Weight (lb)	Avg wt	Dressing	Head	Price range	Avg $	≈ $/hd	Δ last sale
760–843	815	85-90%	3	85.00–105.00	$98.79	$805	—
825–965	908	85-90%	7	124.00–137.50	$131.72	$1,196	-6.43
948–995	960	85-90%	4	157.00–164.00	$162.19	$1,557	—
1015–1185	1090	85-90%	3	117.50–122.00	$120.24	$1,311	-1.34
1080–1200	1138	85-90%	7	126.00–130.00	$128.37	$1,461	—
1110–1178	1153	85-90%	23	156.00–176.50	$171.89	$1,982	+5.61
1020–1290	1161	85-90%	5	147.00–161.00	$150.60	$1,748	-15.68
1065–1275	1199	85-90%	33	179.00–186.50	$183.48	$2,200	+40.36
1225–1235	1230	85-90%	2	188.00–189.00	$188.50	$2,319	+5.66
1255–1510	1383	85-90%	2	172.50–184.00	$178.78	$2,473	—

Breaker ($/cwt)
Weight (lb)	Avg wt	Dressing	Head	Price range	Avg $	≈ $/hd	Δ last sale
1448–1555	1501	75-80%	10	185.00–196.00	$188.57	$2,830	+6.77
1447–1845	1613	75-80%	20	176.00–184.00	$179.85	$2,901	+6.85
1485–1705	1647	75-80%	7	174.00–176.00	$175.02	$2,883	+2.02
1630–1935	1741	75-80%	10	166.00–174.50	$170.05	$2,961	—
1785	1785	75-80%	1	168.00	$168.00	$2,999	-6.00

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
1365–1485	1425	2	180.00–200.00	$189.58	$2,702	—
1330–1993	1618	21	212.50–221.00	$216.33	$3,500	—
1670–1770	1703	3	201.00–210.00	$206.88	$3,523	—
1705	1705	1	185.00	$185.00	$3,154	—
1540–2260	1972	15	215.00–219.00	$216.55	$4,270	—
1825–2470	2162	12	221.00–239.00	$225.35	$4,872	—

YG2-3 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
2330	2330	1	214.00	$214.00	$4,986	—

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Stock Cows

Medium and Large 1 ($/cwt)
Weight (lb)	Avg wt	Age	Stage	Head	Price range	Avg $	≈ $/hd
820–1380	1056	(<2 yrs)	Open	58	201.00–337.50	$286.23	$3,023
1003–1380	1132	Young (2-4 yrs)	Open	32	192.00–310.00	$245.54	$2,780
1200–1313	1252	Young/Middle Aged (2-8 yrs)	Open	10	189.00–202.00	$193.70	$2,425

Medium and Large 1-2 ($/cwt)
Weight (lb)	Avg wt	Age	Stage	Head	Price range	Avg $	≈ $/hd
803–1385	919	(<2 yrs)	Open	5	203.00–305.00	$274.27	$2,521
920–1305	1108	Young (2-4 yrs)	Open	14	190.00–270.00	$210.92	$2,337

Medium 1-2 ($/cwt)
Weight (lb)	Avg wt	Age	Stage	Head	Price range	Avg $	≈ $/hd
760–875	818	(<2 yrs)	Open	2	265.00–282.50	$273.13	$2,234
785–965	875	Young (2-4 yrs)	Open	2	205.00–230.00	$216.21	$1,892

Medium 1 ($/cwt)
Weight (lb)	Avg wt	Age	Stage	Head	Price range	Avg $	≈ $/hd
775–860	818	(<2 yrs)	Open	2	310.00–325.00	$317.11	$2,594

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb)	Avg wt	Age	Stage	Head	Price range	Avg $
1215	1215	Aged (>8 yrs)	2nd/3rd Stage (4-9 mo)	1	2,700.00	$2,700.00
1185–1295	1240	Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	2	3,650.00–3,700.00	$3,673.89
1180–1420	1321	Young (2-4 yrs)	3rd Stage (7-9 mo)	4	3,600.00–3,700.00	$3,646.26
1340	1340	Young (2-4 yrs)	2nd Stage (4-6 mo)	1	3,475.00	$3,475.00
1345	1345	Aged (>8 yrs)	2nd Stage (4-6 mo)	1	2,600.00	$2,600.00
1415	1415	Middle Aged (5-8 yrs)	3rd Stage (7-9 mo)	1	3,500.00	$3,500.00
1428	1428	Middle Aged/Aged (>5 yrs)	2nd/3rd Stage (4-9 mo)	4	3,050.00	$3,050.00
1195–1520	1433	Aged (>8 yrs)	3rd Stage (7-9 mo)	5	3,200.00–3,500.00	$3,334.77
1514	1514	Middle Aged/Aged (>5 yrs)	2nd Stage (4-6 mo)	4	2,700.00	$2,700.00
1555–1665	1610	Middle Aged/Aged (>5 yrs)	3rd Stage (7-9 mo)	2	3,450.00	$3,450.00

Medium and Large 1-2 ($/head)
Weight (lb)	Avg wt	Age	Stage	Head	Price range	Avg $
1225	1225	Young (2-4 yrs)	3rd Stage (7-9 mo)	1	3,650.00	$3,650.00
1455	1455	Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	1	3,200.00	$3,200.00
1455	1455	Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	1	3,400.00	$3,400.00

Large 1 ($/head)
Weight (lb)	Avg wt	Age	Stage	Head	Price range	Avg $
1675	1675	Young (2-4 yrs)	3rd Stage (7-9 mo)	1	3,350.00	$3,350.00

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Bred Heifers

Medium and Large 1-2 ($/head)
Weight (lb)	Avg wt	Age	Stage	Head	Price range	Avg $
1295–1375	1335	Young (2-4 yrs)	3rd Stage (7-9 mo)	2	3,350.00–3,500.00	$3,422.75

Large 1 ($/head)
Weight (lb)	Avg wt	Age	Stage	Head	Price range	Avg $
1405	1405	(<2 yrs)	3rd Stage (7-9 mo)	1	3,600.00	$3,600.00

Medium and Large 1 ($/head)
Weight (lb)	Avg wt	Age	Stage	Head	Price range	Avg $
1170	1170	Young (2-4 yrs)	3rd Stage (7-9 mo)	1	3,800.00	$3,800.00

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Cow-Calf Pairs

Medium and Large 1-2 ($/head)
Weight (lb)	Avg wt	Age	Stage	Head	Price range	Avg $	Δ last sale
1370	1370	Young (2-4 yrs)	Open	1	4,300.00	$4,300.00	+450.00
1505	1505	Middle Aged (5-8 yrs)	Open	1	4,000.00	$4,000.00	—
1653–1655	1654	Aged (>8 yrs)	Open	3	3,900.00	$3,900.00	—

Medium and Large 1 ($/head)
Weight (lb)	Avg wt	Age	Stage	Head	Price range	Avg $	Δ last sale
1695	1695	Middle Aged/Aged (>5 yrs)	Open	2	4,325.00	$4,325.00	—
1710	1710	Aged (>8 yrs)	Open	1	4,100.00	$4,100.00	—

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Reading this report

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.