Cattle Market Pulse

Billings Livestock Commission Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Monday, October 18, 2021

1,992 head sold ·Official USDA report

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

HeadThis saleLast saleLast year
Total receipts 1,992 2,207 405
Feeder cattle 605
Slaughter cattle 1,487 1,299 257
Replacement cattle 505 303 148

Compared to last Mondays sale: Feeder cattle were too lightly tested to develop any market trend. Most offerings were offered in small groups or as singles. Quality was plain to average. Weigh up cows sold on light to moderate demand today. An additional packer buyer was on hand today and demand for cows increased as more competition was seen. Slaughter cows sold steady on breaking cows in a narrow comparison; boning cows sold 3.00-5.00 higher; lean cows sold 2.00-3.00 higher. Feeding cows sold 2.00-4.00 higher. Cow quality this week was average to attractive. While receipts remain heavy packers were not willing to give up market share as the cutter cow cutout remains fully steady despite heavy cow offerings. The cutter cow cutout as of this afternoons close was 233.55, 1.86 higher than Friday. Weigh up conditions were mostly below average this sale as most cows were very full. Slaughter bulls sold generally steady. Young age cows suitable to feed or rebreed sold mostly 5.00 to 7.00 lower. Many sets of attractive rebreed type cows were seen this sale, however fewer takers were seen for this class of cows.

New to these tables? Plain-English explainers ↓

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1344–1413 1364 80-85% 7 53.50–61.00 $58.78 $802 +15.71
1252–1995 1365 80-85% 186 55.00–64.50 $60.91 $831 +17.84
1250–1440 1368 80-85% 13 65.50–69.00 $66.72 $913 +23.65
1310–1623 1407 80-85% 67 42.00–54.50 $48.15 $677
1305–1635 1420 80-85% 28 44.00–52.50 $46.16 $655 -12.29
1540 1540 80-85% 1 65.00 $65.00 $1,001
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
885–980 928 85-90% 3 35.00–45.00 $40.82 $379
880–995 949 85-90% 7 31.00–34.00 $32.13 $305
1025–1355 1173 85-90% 38 37.50–47.00 $42.06 $493
945–1312 1203 85-90% 45 43.00–46.50 $45.57 $548
1153–1298 1206 85-90% 40 57.50–64.00 $58.54 $706
1025–1265 1212 85-90% 10 46.00–51.50 $48.40 $587 +6.90
1000–1389 1231 85-90% 17 31.00–37.50 $35.45 $436 -6.05
1185–1334 1272 85-90% 121 47.00–56.50 $52.35 $666 +12.37
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1524 1524 75-80% 4 67.00 $67.00 $1,021
1472–1680 1537 75-80% 54 63.00–66.00 $64.31 $988
1580–1695 1637 75-80% 3 55.00–66.00 $59.12 $968 -6.88

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1385–1627 1484 12 75.00–76.50 $75.62 $1,122
1495 1495 1 79.50 $79.50 $1,189
1400–1835 1518 4 70.00–76.00 $72.89 $1,106
1419–2075 1629 7 79.50–85.00 $81.19 $1,323 +13.25
1980 1980 1 90.00 $90.00 $1,782

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
770 thin fleshed 770 (<2 yrs)Open 1 81.00 $81.00 $624
725–1188 942 (<2 yrs)Open 273 73.50–111.75 $97.86 $922
1025–1240 1095 Young/Middle Aged (2-8 yrs)Open 9 48.00–72.00 $64.42 $705
1004–1490 1137 Young (2-4 yrs)Open 145 54.50–82.50 $68.13 $775
1221 thin fleshed 1221 Young/Middle Aged (2-8 yrs)Open 5 44.50 $44.50 $543
1508 1508 Middle Aged (5-8 yrs)Open 8 64.50 $64.50 $973

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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.