Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Friday, January 15, 2021

4,178 head sold ·Official USDA report

This is an archived report. See the latest Public Auction Yards Livestock Cattle Auction report →

light 5-weight M&L 1 heifers $148.65/cwt -0.17 vs last sale · ≈ $782/hd at 526 lb · 398 head
light 6-weight M&L 1 steers $151.03/cwt +1.68 vs last sale · ≈ $935/hd at 619 lb · 307 head
heavy 5-weight M&L 1 heifers $141.13/cwt +0.09 vs last sale · ≈ $809/hd at 573 lb · 298 head
HeadThis saleLast saleLast year
Total receipts 4,178 2,403 2,620
Feeder cattle 4,126 1,960 2,560
Slaughter cattle 45 333 15
Replacement cattle 7 110 45

Compared to last sale(December 11th): Yearling steers and heifers were not well compared. Steers under 600 lbs sold steady to 5.00 higher, 600 lbs and heavier sold steady to 4.00 lower in a narrow comparison. Heifers weighing less than 550 lbs sold steady to 5.00 lower, heifers over 550 lbs sold steady to 3.00 higher. Demand was mostly moderate for moderate to heavy offerings. Demand did diminish late in the afternoon as buyers filled loads. Quality today was average to very attractive. Cattle were mostly long weaned today with many sets weaned 60-90 days. Cattle were very clean and open haired. Despite mild winter weather most cattle were in light flesh. Buyers continue to buy cattle suitable to run on grass on good demand. Buyers purchased calves up to 600 lbs for steers and 575 lbs for heifers to run on grass and develop into yearlings. Market activity this sale was mostly moderate to active. Weigh up cows sold on mostly moderate to good demand for light offerings. Not enough cows or bulls sold to develop an accurate market trend, however higher undertones were noticed as buyers fought over limited offerings to fill loads for the week.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325–341 338 11 180.00–197.50 $183.06 $619
355–391 376 79 190.00–202.50 $192.56 $724
400–449 430 82 184.00–199.00 $188.38 $810 +5.38
452–498 475 135 177.50–189.00 $182.56 $867 +11.49
480 unweaned 480 25 170.50 $170.50 $818 -6.19
519 unweaned 519 10 157.00 $157.00 $815 -4.53
501–542 524 193 165.00–180.00 $175.26 $918 +3.71
550–591 579 134 150.00–165.00 $156.81 $908 +4.99
585 unweaned 585 21 145.00 $145.00 $848 -3.13
612 fancy 612 93 159.00 $159.00 $973
601–644 622 214 140.00–153.50 $147.56 $918 -0.35
669–699 676 47 138.00–140.50 $139.94 $946 -3.86
718–734 727 146 133.00–139.50 $138.35 $1,006 +3.35
766–775 770 67 128.00–130.00 $129.09 $994 -3.91
803–844 812 55 127.00–131.00 $129.32 $1,050 -7.18
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
390–396 395 13 180.00–185.00 $182.15 $719 +7.86
405 405 13 180.00 $180.00 $729
460–496 476 55 171.50–176.00 $173.61 $826 +8.61
529–549 544 74 149.00–159.00 $157.38 $856
561–595 567 29 133.00–146.00 $137.30 $778 -6.70
724 724 8 133.00 $133.00 $963
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
496 496 5 160.00 $160.00 $794
598 598 3 120.00 $120.00 $718
703 703 5 125.00 $125.00 $879
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
609 609 8 134.00 $134.00 $816
1024 1024 4 108.00 $108.00 $1,106
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
848 848 12 112.50 $112.50 $954

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
343 343 3 162.00 $162.00 $556 -8.00
351–373 358 55 160.00–162.00 $160.25 $574 -10.75
393 unweaned 393 16 157.50 $157.50 $619
425–442 434 187 156.00–166.00 $159.40 $692 -1.73
453–488 unweaned 461 13 148.00–156.00 $154.05 $710 +1.65
461–498 479 145 149.00–160.50 $155.17 $743 -3.33
515 fancy 515 12 159.00 $159.00 $819
519 unweaned 519 42 146.50 $146.50 $760 +4.05
504–545 527 344 139.50–154.50 $148.55 $783 -2.48
554–597 573 298 135.00–144.00 $141.13 $809 +0.31
600–648 615 287 128.50–138.75 $133.69 $822 +2.33
654–695 660 139 125.00–132.00 $129.93 $858 +1.04
703–736 716 32 124.00–136.00 $128.90 $923 -2.36
795 795 25 120.50 $120.50 $958 -12.50
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
341 341 20 151.00 $151.00 $515
370–397 393 14 150.00–154.00 $153.46 $603 -3.54
397 unweaned 397 28 142.50 $142.50 $566 -7.50
410–449 432 41 150.00–154.00 $152.82 $660
491–493 492 16 142.00–145.00 $143.31 $705
541 541 4 135.50 $135.50 $733
573–598 594 22 122.00–131.50 $129.22 $768
607–632 618 26 122.00–130.00 $127.33 $787
690 690 3 122.50 $122.50 $845
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
432 432 29 154.00 $154.00 $665
485 485 31 144.00 $144.00 $698
654 654 6 127.00 $127.00 $831
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
569 569 37 130.00 $130.00 $740
678 678 3 122.00 $122.00 $827
703–745 714 4 121.50–122.00 $121.87 $870
754 754 5 126.00 $126.00 $950

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
471 471 8 155.00 $155.00 $730
825 825 11 119.00 $119.00 $982
873 873 2 115.00 $115.00 $1,004
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
546 546 7 144.50 $144.50 $789
589 589 5 120.00 $120.00 $707

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Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1000–1208 1177 85-90% 8 42.50–45.50 $44.49 $524 +6.99
1220 1220 85-90% 4 47.00 $47.00 $573
1214–1305 1232 85-90% 9 52.50–55.50 $53.08 $654
1155–1297 1262 85-90% 4 49.00–51.00 $49.46 $624 -3.09
1288 1288 85-90% 2 60.00 $60.00 $773 +7.45
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1200–1595 1398 80-85% 2 49.50–55.50 $52.92 $740 -9.53
1530 1530 80-85% 1 58.50 $58.50 $895
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1355 1355 75-80% 1 57.50 $57.50 $779

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1792 1792 3 76.00 $76.00 $1,362
1715–2287 2140 5 79.50–86.50 $84.88 $1,816
2335 2335 1 92.00 $92.00 $2,148

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
965–1265 1144 Young (2-4 yrs)Open 6 54.00–60.00 $57.49 $658

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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.