Cattle Market Pulse

Billings Livestock Commission Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Monday, November 13, 2023

1,948 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 heifers $276.58/cwt ≈ $1,023/hd at 370 lb · 52 head
light 4-weight M&L 1 heifers $265.25/cwt -15.49 vs last sale · ≈ $1,135/hd at 428 lb · 39 head
heavy 5-weight M&L 1 steers $269.07/cwt +24.07 vs last sale · ≈ $1,520/hd at 565 lb · 29 head
HeadThis saleLast saleLast year
Total receipts 1,948 1,427 1,253
Feeder cattle 578 438 490
Slaughter cattle 1,069 773 616
Replacement cattle 301 216 147

Compared to last week: Feeder cattle were too lightly tested this week and last week to develop an accurate market trend, however lower undertones were noticed. Quality this week was mostly plain to average. Most calves were offered in small lots or as singles. Demand and offerings were mostly light. Market activity was mostly slow to moderate. Weigh up cows sold on light to moderate demand and offerings. Slaughter cows sold 5.00-7.00 lower on breaking cows. Boning and lean cows sold mostly 2.00-3.00 lower. High quality feeding cows, suitable to feed to premium white, sold mostly 4.00-6.00 lower. Thin short term feeding cows sold mostly 3.00-4.00 lower. Demand for cows lightened as heavy supplies have been seen across the northern tier of the US. Lots of open cows are being seen as many ranchers report a very poor breed-up. Slaughter bulls sold generally steady. Young age cows suitable to feed or rebreed sold generally steady. Demand for high quality cows suitable to rebreed was mostly good, while demand for feeding quality cows was light to moderate.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
412–447 unweaned 417 24 312.50–337.50 $327.34 $1,365
495 unweaned 495 1 300.00 $300.00 $1,485
554–570 unweaned 565 29 269.00–270.00 $269.07 $1,520 +24.07
647 unweaned 647 11 230.00 $230.00 $1,488
728 unweaned 728 2 221.00 $221.00 $1,609
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
403 unweaned 403 2 300.00 $300.00 $1,209 -0.25
454–490 unweaned 468 22 270.00–291.00 $288.97 $1,352 +10.39
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
526 unweaned 526 6 275.00 $275.00 $1,446 +55.00
Medium 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
435 unweaned 435 4 185.00 $185.00 $805
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
350 unweaned 350 2 312.50 $312.50 $1,094
418 unweaned 418 2 275.00 $275.00 $1,150 ±0.00
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
748 748 3 215.00 $215.00 $1,608
Medium 2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
347 unweaned 347 3 185.00 $185.00 $642

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
365–371 unweaned 370 52 265.00–280.00 $276.58 $1,023
419–436 unweaned 428 39 260.00–271.00 $265.25 $1,135 -15.49
568 unweaned 568 3 224.00 $224.00 $1,272
839 839 5 206.00 $206.00 $1,728
905–942 918 19 196.00–202.00 $197.72 $1,815
966–985 971 8 194.00–199.50 $198.10 $1,924
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
260 unweaned 260 5 265.00 $265.00 $689 -7.50
311 unweaned 311 4 255.00 $255.00 $793 -15.00
386 unweaned 386 4 243.00 $243.00 $938 -34.73
407–433 unweaned 422 7 242.00–245.00 $243.24 $1,026 -17.76
498 unweaned 498 7 229.00 $229.00 $1,140 -21.00
605 unweaned 605 2 217.00 $217.00 $1,313
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
288 unweaned 288 8 230.00 $230.00 $662
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
525 unweaned 525 3 241.00 $241.00 $1,265

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Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
991–993 991 23 167.00 $167.00 $1,655
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325 unweaned 325 1 320.00 $320.00 $1,040

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Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
585–930 758 85-90% 2 50.00–59.00 $55.52 $421
875 875 85-90% 1 80.00 $80.00 $700 +19.34
885–995 940 85-90% 2 69.00–71.00 $70.06 $659
920–1190 1088 85-90% 4 61.00–64.00 $62.45 $679 -1.75
875–1360 1125 85-90% 8 51.00–67.00 $60.22 $677 -19.04
963–1297 1169 85-90% 115 65.00–80.00 $75.78 $886
1020–1335 1193 85-90% 88 80.00–91.00 $82.15 $980
1160–1210 1193 85-90% 3 105.00 $105.00 $1,253
1015–1305 1196 85-90% 40 67.00–80.00 $75.77 $906
1160–1295 1235 85-90% 6 82.00–83.00 $82.16 $1,015 +2.70
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1310–1495 1370 80-85% 17 77.00–84.00 $80.60 $1,104 -2.70
1304–1570 1377 80-85% 66 75.00–84.00 $81.28 $1,119 -2.02
1278–1615 1396 80-85% 125 85.00–97.00 $89.67 $1,252 +6.37
1298–1495 1402 80-85% 10 97.50–98.50 $98.06 $1,375 +12.27
1423 1423 80-85% 2 88.00 $88.00 $1,252 -17.63
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1485–1775 1588 75-80% 8 94.50–96.00 $95.17 $1,511 -3.38
1700 1700 75-80% 1 98.00 $98.00 $1,666
1673–1815 1720 75-80% 3 91.00–93.00 $91.70 $1,577
1950 1950 75-80% 1 85.00 $85.00 $1,658

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1225–1315 1270 2 102.00–104.00 $103.04 $1,309 +10.54
1195–2000 1676 7 93.50–106.00 $102.79 $1,723
1865 1865 1 119.00 $119.00 $2,219 +17.32
1625–2098 1943 11 108.00–115.00 $110.96 $2,156

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
896–1310 991 (<2 yrs)Open 62 95.00–185.00 $150.12 $1,488
935–1429 1142 Young (2-4 yrs)Open 70 92.00–152.00 $118.72 $1,356
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
825 825 (<2 yrs)Open 1 135.00 $135.00 $1,114
1130 1130 Young (2-4 yrs)Open 1 92.00 $92.00 $1,040

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1125–1300 1169 Young/Middle Aged (2-8 yrs)1st/2nd Stage (1-6 mo) 4 125.00–137.00 $133.66 $1,562
1184–1458 1260 Middle Aged/Aged (>5 yrs)1st/2nd Stage (1-6 mo) 30 92.00–114.00 $107.65 $1,356
1550 1550 Aged (>8 yrs)2nd Stage (4-6 mo) 1 96.00 $96.00 $1,488
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1243 1243 Aged (>8 yrs)2nd Stage (4-6 mo) 6 1,275.00 $1,275.00
1243–1275 1254 Young (2-4 yrs)1st Stage (1-3 mo) 3 1,850.00–1,950.00 $1,916.10
1370 1370 Aged (>8 yrs)2nd Stage (4-6 mo) 2 1,350.00 $1,350.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1200–1318 1234 Aged (>8 yrs)2nd Stage (4-6 mo) 7 1,025.00–1,250.00 $1,093.68
Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1185 1185 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 2 1,250.00 $1,250.00

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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.