Cattle Market Pulse

Billings Livestock Commission Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Monday, October 19, 2020

739 head sold ·Official USDA report

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

heavy 3-weight M&L 1 steers $195.82/cwt +8.93 vs last sale · ≈ $746/hd at 381 lb · 72 head
heavy 3-weight M&L 1 heifers $150.00/cwt ≈ $566/hd at 377 lb · 46 head
light 3-weight M&L 1 heifers $165.00/cwt ≈ $533/hd at 323 lb · 35 head
HeadThis saleLast saleLast year
Total receipts 739 963 5,395
Feeder cattle 334 424 4,825
Slaughter cattle 257 459 160
Replacement cattle 148 80 410

Compared to last Monday: Feeder cattle were all too lightly tested to develop an accurate market trend, however steady to higher undertones were noticed on unweaned calves. Not enough yearlings tested to develop any market trend. CME positions saw sharply lower prices today with over triple digit losses. The October contract closed 3.45 lower, November 5.00 lower and January 4.20 lower. Market activity today was mostly moderate. Weigh up cow sold on mostly moderate demand for light offerings. A two tier market continues to be seen as cows suitable to feed sell with a strong premium to cows destined for slaughter. Both slaughter and feeding cows sold fully steady this week. Quality was average to attractive . Weigh up conditions were average and better overall than last week. Slaughter bulls were too lightly tested to develop an accurate market trend, steady undertones were noticed. Young age cows suitable to feed or rebreed sold on mostly moderate to good demand. Quality this week was average to attractive. Offerings sold steady to firm in a narrow comparison.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
330 unweaned 330 15 211.00 $211.00 $696 +18.18
363–391 unweaned 381 72 191.00–205.00 $195.82 $746 +8.93
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
819 819 6 130.00 $130.00 $1,065
933 933 2 119.00 $119.00 $1,110

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
323 unweaned 323 35 165.00 $165.00 $533
377 unweaned 377 46 150.00 $150.00 $566
444 unweaned 444 17 140.00 $140.00 $622
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
440 unweaned 440 16 133.00 $133.00 $585
715 715 1 131.00 $131.00 $937
831 831 16 122.00 $122.00 $1,014

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Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
868 868 85-90% 2 36.00 $36.00 $312
1025–1195 1083 85-90% 3 46.00–48.50 $47.16 $511
1050–1175 1153 85-90% 6 41.00–43.00 $42.36 $488 -5.73
1025–1375 1178 85-90% 19 52.00–55.00 $53.67 $632 +13.33
1180 1180 85-90% 11 62.00 $62.00 $732 +21.66
1155–1345 1196 85-90% 17 44.00–48.00 $45.53 $545 +5.19
1040–1257 1212 85-90% 56 48.00–51.50 $49.46 $599 +2.81
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1315–1505 1346 80-85% 18 52.00–58.50 $55.54 $748 +6.04
1352–1353 1352 80-85% 36 64.00–64.50 $64.22 $868
1355–1380 1368 80-85% 2 59.00–70.00 $64.45 $882 -2.91
1372 1372 80-85% 9 49.50 $49.50 $679 -17.86
1372–1669 1505 80-85% 22 49.50–54.50 $51.60 $777
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1505–1570 1527 75-80% 6 67.00–70.00 $69.06 $1,055 +0.89
1645 1645 75-80% 2 71.50 $71.50 $1,176

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1705 1705 2 72.50 $72.50 $1,236
1770 1770 1 88.00 $88.00 $1,558
1590–2475 1921 4 77.50–80.50 $79.00 $1,518

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
830 thin fleshed 830 (<2 yrs)Open 1 73.00 $73.00 $606
866–1025 959 (<2 yrs)Open 52 82.00–93.00 $90.49 $868
1009–1180 1099 Young (2-4 yrs)Open 21 62.00–71.00 $65.94 $725
1168 thin fleshed 1168 Young (2-4 yrs)Open 6 57.50 $57.50 $672

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1190–1250 1233 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 45 985.00–1,085.00 $1,027.66

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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.