Cattle Market Pulse

Billings Livestock Commission Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Monday, October 14, 2024

1,476 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 $300.00/cwt +9.00 vs last sale · ≈ $1,536/hd at 512 lb · 33 head
heavy 4-weight M&L 1 heifers $297.43/cwt +27.43 vs last sale · ≈ $1,374/hd at 462 lb · 26 head
light 4-weight M&L 1-2 heifers $293.05/cwt +34.97 vs last sale · ≈ $1,286/hd at 439 lb · 19 head
HeadThis saleLast saleLast year
Total receipts 1,476 992 1,145
Feeder cattle 395 490 551
Slaughter cattle 682 401 499
Replacement cattle 399 101 95

This is the first Monday sale of the fall. All feeder cattle were too lightly tested to develop any market trend. Quality today was mostly average. Demand was mostly moderate for light offerings. CME positions traded mixed today with weak prices seen on the nearby contracts and firm prices noticed on differed. Market activity was mostly moderate today. Weigh up cows comprised most of the market today. Demand for cows was mostly moderate to good for mostly moderate to heavy offerings. Slaughter cows sold mostly steady to 3.00 higher on all classes. Feeding cows sold mostly 2.00-5.00 higher. Good demand was seen for exposed cows as several order buyers showed interest in these offerings. Slaughter bulls sold mostly 3.00-5.00 higher in a narrow comparison. Weigh up conditions were mostly average to attractive to buyers. Younge cows suitable to feed or rebreed sold on mostly good demand. Quality was mostly average to attractive. Young age offerings sold mostly 10.00 higher.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
288 unweaned 288 5 435.00 $435.00 $1,253
315 unweaned 315 4 405.00 $405.00 $1,276
364 unweaned 364 4 385.00 $385.00 $1,401
403–437 unweaned 428 18 330.00–342.50 $333.16 $1,426
488 unweaned 488 19 309.00 $309.00 $1,508
510–514 unweaned 512 33 300.00 $300.00 $1,536
550–599 unweaned 596 15 271.00–282.00 $271.68 $1,619
600–645 unweaned 611 9 254.00–267.00 $258.75 $1,581
682 unweaned 682 9 252.00 $252.00 $1,719
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
399 unweaned 399 4 345.00 $345.00 $1,377
437–438 unweaned 437 19 320.00–335.00 $324.74 $1,419
513–545 unweaned 540 13 284.00–286.00 $284.29 $1,535
595–598 unweaned 597 11 265.00–266.00 $265.18 $1,583
665 unweaned 665 3 246.00 $246.00 $1,636
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
592 unweaned 592 12 264.00 $264.00 $1,563
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
500–540 unweaned 520 4 285.00–287.00 $285.96 $1,487
652 unweaned 652 5 257.00 $257.00 $1,676
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
593 unweaned 593 2 250.00 $250.00 $1,482

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
256 unweaned 256 8 375.00 $375.00 $960
325 unweaned 325 5 337.50–355.00 $341.00 $1,108
350–383 unweaned 369 11 327.00–344.00 $331.41 $1,223
400–420 unweaned 406 7 312.50–335.00 $328.35 $1,333
455–477 unweaned 462 26 293.00–300.00 $297.43 $1,374
520–528 unweaned 525 14 276.00–285.00 $281.18 $1,476
955 955 2 198.00 $198.00 $1,891
956–995 968 7 215.00–216.00 $215.29 $2,084
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
378–389 unweaned 384 12 320.00–324.00 $322.36 $1,238 +50.36
405–448 unweaned 439 19 290.00–307.50 $293.05 $1,286
458–468 unweaned 466 16 276.00–285.00 $277.66 $1,294
561–590 unweaned 576 8 241.00–256.00 $248.69 $1,432
915 915 2 215.00 $215.00 $1,967
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
565 unweaned 565 2 231.00 $231.00 $1,305
1063–1095 1070 11 202.00–204.50 $203.91 $2,182
1105 1105 1 202.00 $202.00 $2,232
1205 1205 1 191.00 $191.00 $2,302

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
780 780 1 230.00 $230.00 $1,794
1090 1090 1 194.00 $194.00 $2,115
Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1145 1145 1 170.00 $170.00 $1,946
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
875 875 1 220.00 $220.00 $1,925

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
900 900 80-85% 1 109.00 $109.00 $981
1140–1680 1363 80-85% 3 114.00–119.00 $116.89 $1,593 +25.34
1305–1555 1379 80-85% 13 103.00–111.50 $107.75 $1,486 +16.20
1240–1630 1401 80-85% 252 119.00–134.00 $129.72 $1,817 +43.57
1290–1543 1441 80-85% 24 104.00–117.00 $111.95 $1,613 +29.34
1490 1490 80-85% 1 96.00 $96.00 $1,430 -5.61
1345–1635 1500 80-85% 40 135.00–139.00 $136.16 $2,042
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
850 850 85-90% 1 72.50 $72.50 $616
860–940 900 85-90% 2 88.00–95.00 $91.66 $825
1045–1415 1158 85-90% 47 90.00–108.00 $99.29 $1,150 +15.96
985–1345 1180 85-90% 43 101.00–115.00 $107.58 $1,269 +13.73
1133–1295 1184 85-90% 8 107.00–113.00 $108.63 $1,286 +14.78
1090–1291 1217 85-90% 90 117.00–128.00 $120.73 $1,469
1120–1275 1225 85-90% 15 127.00–135.00 $131.68 $1,613
1260–1353 1325 85-90% 5 80.00–90.00 $87.90 $1,165
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1515–1710 1560 75-80% 26 126.00–134.00 $132.95 $2,074 +33.46
1560 1560 75-80% 1 123.00 $123.00 $1,919 +23.51
1580 1580 75-80% 2 126.00 $126.00 $1,991 +26.51
1540–1632 1609 75-80% 6 135.00–136.00 $135.33 $2,177 +34.83
1640 1640 75-80% 1 129.00 $129.00 $2,116 +28.50

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1180–1260 1220 2 125.00–127.50 $126.21 $1,540
1315–1470 1393 2 144.00–145.00 $144.47 $2,012
1335–1595 1396 9 135.00–143.00 $138.79 $1,938
1380–2390 1879 11 143.00–150.00 $145.92 $2,742
1755–1995 1914 10 149.00–164.00 $158.52 $3,034 +37.04
2085 2085 1 176.00 $176.00 $3,670
YG2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
2330 2330 1 162.00 $162.00 $3,775

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
855–1186 1035 (<2 yrs)Open 64 160.00–221.00 $188.52 $1,951
912–1390 1108 Young (2-4 yrs)Open 67 132.50–192.50 $160.01 $1,773
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1010–1080 1045 (<2 yrs)Open 2 152.50–163.00 $157.93 $1,650
Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1375 1375 (<2 yrs)Open 1 145.00 $145.00 $1,994

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1134–1185 thin fleshed 1144 Middle Aged/Aged (>5 yrs)1st Stage (1-3 mo) 54 115.00–116.00 $115.21 $1,318
1220–1390 1277 Middle Aged/Aged (>5 yrs)1st Stage (1-3 mo) 89 119.00–121.00 $120.45 $1,538
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1127–1363 1164 Young (2-4 yrs)1st Stage (1-3 mo) 19 2,000.00–2,075.00 $2,061.14
1081–1305 1187 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 8 2,275.00–2,325.00 $2,281.61
1103–1294 1222 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 9 1,850.00–1,950.00 $1,910.87
1269–1320 1296 Middle Aged/Aged (>5 yrs)1st/2nd Stage (1-6 mo) 28 1,700.00–1,750.00 $1,725.42
1315 1315 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 1 1,750.00 $1,750.00

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N/N/A ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
995 995 85-90% 1 107.50 $107.50 $1,070

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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.