Cattle Market Pulse

Billings Livestock Commission Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Thursday, September 17, 2026

1,014 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 steers $433.40/cwt +13.14 vs last sale · ≈ $2,193/hd at 506 lb · 86 head
heavy 4-weight M&L 1 heifers $414.85/cwt +16.58 vs last sale · ≈ $2,037/hd at 491 lb · 76 head
light 8-weight M&L 1 heifers $331.25/cwt +2.68 vs last sale · ≈ $2,802/hd at 846 lb · 51 head
HeadThis saleLast saleLast year
Total receipts 1,014 2,020 0
Feeder cattle 741 1,522 0
Slaughter cattle 211 378 0
Replacement cattle 62 120 0

Compared to the last sale (September 10, 2026): No market trend is available for feeder cattle due to limited comparable receipts, however, a lower undertone was noted for feeder steer classes and a higher undertone was noted for feeder heifers and bulls. Quality this week was mixed. Calves offered plain to average quality and yearlings offered average to attractive quality. Demand was mostly moderate to good for light offerings. Weigh up cows sold on mostly light to moderate demand and offerings. Cow quality was mostly plain to average today. Feeding cows sold mostly 3.00 to 5.00 lower. Slaughter cows sold generally steady to 4.00 lower on all offerings. Slaughter bulls sold mostly 4.00 to 6.00 higher. Young age cow offerings were too lightly tested to develop any market trend.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
230–237 235 4 675.00–690.00 $678.67 $1,595 —
265 265 1 640.00 $640.00 $1,696 —
316 316 4 572.50 $572.50 $1,809 —
440 440 12 455.00 $455.00 $2,002 —
475–495 477 27 427.50–442.50 $439.67 $2,097 —
505–511 506 86 431.00–440.00 $433.40 $2,193 —
575–595 588 3 380.00–381.00 $380.67 $2,238 -27.33
603–642 627 10 350.00–370.00 $358.08 $2,245 —
668–695 678 23 365.00–375.00 $373.92 $2,535 —
743 743 26 382.00 $382.00 $2,838 ±0.00
769 769 11 367.00 $367.00 $2,822 -12.00
855–885 873 3 330.00–332.50 $330.84 $2,888 —
918–925 920 3 320.00 $320.00 $2,944 +4.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
247 247 3 550.00 $550.00 $1,358 —
315 315 1 530.00 $530.00 $1,670 —
355–386 379 8 470.00–510.00 $477.06 $1,808 —
401–445 407 12 437.50–442.50 $441.01 $1,795 —
488 488 2 397.50 $397.50 $1,940 —
595 595 1 335.00 $335.00 $1,993 —
710–715 713 3 335.00–350.00 $345.02 $2,460 —
825 825 1 315.00 $315.00 $2,599 -20.00
890 890 1 315.00 $315.00 $2,804 —
940–945 943 2 295.00–302.50 $298.76 $2,817 -13.24
963–975 966 9 295.00–310.00 $305.21 $2,948 +9.64

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
220 220 1 580.00 $580.00 $1,276 —
280 280 1 580.00 $580.00 $1,624 —
345 345 4 485.00 $485.00 $1,673 —
368 368 5 492.50 $492.50 $1,812 —
436 436 7 417.00 $417.00 $1,818 —
470–499 491 76 395.00–430.00 $414.85 $2,037 +41.49
502–538 513 29 385.00–411.00 $405.18 $2,079 —
559 559 7 357.00 $357.00 $1,996 —
621–630 623 5 359.00 $359.00 $2,237 —
653 653 5 347.00 $347.00 $2,266 —
750 750 11 352.50 $352.50 $2,644 +15.00
813–848 846 51 320.00–332.00 $331.25 $2,802 +2.68
850–895 857 25 320.00–335.00 $331.37 $2,840 +17.32
901–939 927 13 305.00 $305.00 $2,827 -7.46
955 955 1 289.00 $289.00 $2,760 -14.53
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
295 295 1 430.00 $430.00 $1,268 —
380–390 384 12 430.00–442.50 $438.07 $1,682 —
410–420 414 34 355.00–437.00 $418.48 $1,733 —
600–610 603 3 300.00–305.00 $301.69 $1,819 —
705 705 1 330.00 $330.00 $2,326 +10.00
798 798 2 310.00 $310.00 $2,474 —
820–840 828 6 285.00–302.50 $295.83 $2,449 -10.52
870–878 875 3 297.00–310.00 $305.69 $2,675 —
964–980 970 31 295.00–300.00 $298.18 $2,892 +18.18
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1010–1021 1017 38 293.00–297.00 $295.02 $3,000 —
1063–1095 1074 9 288.00–291.00 $289.98 $3,114 +19.63
1143 1143 8 284.00 $284.00 $3,246 +14.00
1160 1160 2 285.00 $285.00 $3,306 —
Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1005–1033 1024 3 260.00–270.00 $263.27 $2,696 —
1070 1070 1 279.00 $279.00 $2,985 +16.50
1100–1110 1105 2 260.00–265.00 $262.49 $2,901 —
1160 1160 1 271.00 $271.00 $3,144 +35.00

↑ Back to top

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
400–445 423 12 395.00–425.00 $415.13 $1,756 —
490 490 2 390.00 $390.00 $1,911 —
511 511 8 380.00 $380.00 $1,942 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320 320 1 510.00 $510.00 $1,632 —
629–645 632 5 357.50–370.00 $360.05 $2,276 —
670 670 1 350.00 $350.00 $2,345 —
753 753 2 342.50 $342.50 $2,579 —
895 895 1 320.00 $320.00 $2,864 —
Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1035 1035 1 240.00 $240.00 $2,484 —

↑ Back to top

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1225–1260 1243 80-85% 2 162.00–162.50 $162.25 $2,017 —
1280–1368 1298 80-85% 5 151.00–154.00 $151.63 $1,968 —
1275–1475 1339 80-85% 12 134.00–137.00 $134.59 $1,802 -6.29
1250–1407 1340 80-85% 19 140.00–154.00 $147.81 $1,981 +6.93
1300–1425 1363 80-85% 2 137.00–138.00 $137.48 $1,874 —
1345–1440 1380 80-85% 3 122.50–128.00 $125.50 $1,732 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
810–1270 1064 85-90% 13 115.00–125.00 $120.06 $1,277 +19.38
805–1235 1082 85-90% 5 130.00–142.50 $134.58 $1,456 +33.90
1125 1125 85-90% 1 157.50 $157.50 $1,772 —
1040–1200 1143 85-90% 3 102.50–110.00 $107.40 $1,228 —
1060–1278 1199 85-90% 15 132.00–145.00 $135.31 $1,622 -6.22
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1400–1515 1450 75-80% 6 149.00–151.00 $149.51 $2,168 —
1430–1485 1453 75-80% 4 137.00–141.00 $139.01 $2,020 —
1370–1870 1572 75-80% 3 131.00–138.00 $135.22 $2,126 -23.75
1455–1811 1664 75-80% 14 141.00–151.00 $145.67 $2,424 —

↑ Back to top

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1375–2110 1701 52 164.00–179.00 $173.81 $2,957 +4.42
1706–2095 1776 8 171.00–180.00 $173.05 $3,073 -0.95
1210–2430 1940 24 181.00–193.00 $186.95 $3,627 +6.97

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
836–898 851 (<2 yrs)Open 22 250.00–265.00 $261.89 $2,229
1164–1245 1180 Young (2-4 yrs)Open 7 220.00–240.00 $226.83 $2,677
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1013–1235 1092 Young (2-4 yrs)Open 11 190.00–207.50 $199.01 $2,173
1080–1275 1197 (<2 yrs)Open 5 233.00–247.50 $239.52 $2,867

↑ Back to top

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1217 1217 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 3 1,950.00 $1,950.00
1075–1370 1223 Young (2-4 yrs)1st Stage (1-3 mo) 4 2,050.00–2,500.00 $2,238.65
1150–1403 1271 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 3 2,500.00–2,800.00 $2,676.48
1318 1318 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 2 2,400.00 $2,400.00

↑ Back to top

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1085 1085 Middle Aged (5-8 yrs)Open 1 1,800.00 $1,800.00 —
1080–1130 1105 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 2 2,200.00–2,250.00 $2,224.43 —
1455 1455 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 2,250.00 $2,250.00 —

↑ 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.