Cattle Market Pulse

Billings Livestock Commission Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Monday, December 15, 2025

509 head sold ·Official USDA report

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

light 4-weight M&L 1-2 heifers $451.39/cwt +61.39 vs last sale · ≈ $1,828/hd at 405 lb · 48 head
heavy 3-weight M&L 1-2 steers $547.50/cwt ≈ $2,053/hd at 375 lb · 32 head
heavy 6-weight M&L 1-2 steers $347.57/cwt ≈ $2,364/hd at 680 lb · 14 head

Receipts

HeadThis saleLast saleLast year
Head itemized in priced lots 509 — —

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
371–376 375 32 547.50 $547.50 $2,053 —
418 418 2 500.00 $500.00 $2,090 —
525 525 2 402.50 $402.50 $2,113 —
612 612 5 370.00 $370.00 $2,264 —
658–663 661 4 354.00 $354.00 $2,340 —
688 688 10 345.00 $345.00 $2,374 —
Medium 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
358 358 2 390.00 $390.00 $1,396 —
466 466 4 300.00 $300.00 $1,398 —
565 565 2 285.00 $285.00 $1,610 —
Medium 2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
438 438 7 290.00 $290.00 $1,270 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
450 450 2 505.00 $505.00 $2,272 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
230 230 1 505.00 $505.00 $1,162 —

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Feeder Heifers

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
373 373 8 435.00 $435.00 $1,623 —
400–405 405 48 422.50–452.00 $451.39 $1,828 —
477–495 484 5 381.00–382.50 $381.61 $1,847 —
610 610 1 347.50 $347.50 $2,120 —
978–990 986 6 272.00–280.00 $277.35 $2,735 —
1021 1021 6 282.00 $282.00 $2,879 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
565–567 567 13 370.00 $370.00 $2,098 —
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
505 505 5 385.00 $385.00 $1,944 —
799 799 7 310.00 $310.00 $2,477 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
280 280 5 445.00 $445.00 $1,246 —

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Feeder Bulls

Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1048 1048 2 267.50 $267.50 $2,803 —
1085 1085 1 230.00 $230.00 $2,496 —
1140 1140 2 240.00 $240.00 $2,736 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
628 628 2 275.00 $275.00 $1,727 —
990 990 2 225.00 $225.00 $2,228 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
895 895 1 270.00 $270.00 $2,416 —
1000 1000 1 255.00 $255.00 $2,550 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1271–1495 1354 80-85% 11 118.00–127.00 $123.23 $1,669 -38.82
1085–1585 1357 80-85% 32 127.50–155.00 $147.70 $2,004 -14.35
1275–1485 1360 80-85% 6 130.00–145.00 $139.66 $1,899 -22.39
1223–1508 1407 80-85% 64 156.00–168.50 $162.90 $2,292 +37.01
1445 1445 80-85% 2 150.00 $150.00 $2,168 -21.57
1408–1488 1477 80-85% 18 169.00–171.00 $169.60 $2,505 +26.89
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
933 933 85-90% 2 105.00 $105.00 $980 —
1097–1115 1102 85-90% 4 134.00–137.00 $136.24 $1,501 -31.76
1083–1245 1133 85-90% 9 102.50–142.50 $119.42 $1,353 -48.58
1000–1270 1145 85-90% 16 145.00–161.00 $154.04 $1,764 +16.56
1155 1155 85-90% 1 60.00 $60.00 $693 -80.17
1010–1365 1184 85-90% 8 127.50–146.00 $137.86 $1,632 +19.73
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1320–1730 1481 75-80% 10 170.50–173.00 $171.62 $2,542 —
1532 1532 75-80% 3 146.00 $146.00 $2,237 -16.82
1585 1585 75-80% 2 145.00 $145.00 $2,298 —
1590 1590 75-80% 1 138.00 $138.00 $2,194 —
1588–1685 1625 75-80% 5 163.00–168.50 $165.36 $2,687 +6.58

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1260–2013 1525 33 177.00–183.50 $181.58 $2,769 —
1350–2010 1581 12 160.00–175.00 $167.09 $2,642 —
1610–1940 1754 7 163.00–176.00 $167.40 $2,936 —
1770–2270 1947 3 178.00–184.00 $180.74 $3,519 —

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Stock Cows

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
975–1280 1094 (<2 yrs)Open 36 212.50–287.50 $258.20 $2,825
1010–1275 1156 Young (2-4 yrs)Open 14 197.50–287.50 $225.50 $2,607
1140–1470 1280 Young/Middle Aged (2-8 yrs)Open 6 161.00–175.00 $169.62 $2,171
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
820–1205 990 Young (2-4 yrs)Open 4 173.00–205.00 $191.69 $1,898

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1160 thin fleshed 1160 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 1 1,700.00 $1,700.00
1330–1520 1473 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 4 2,350.00–2,400.00 $2,388.71
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1345 1345 Young/Middle Aged (2-8 yrs)2nd/3rd Stage (4-9 mo) 2 3,100.00 $3,100.00

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Dairy Cows

N/N/A ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1698 1698 80-85% 3 130.00 $130.00 $2,207 —
2068 2068 75-80% 2 144.00 $144.00 $2,978 —

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Reading this report

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.