Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Friday, November 11, 2022

3,303 head sold ·Official USDA report

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

heavy 5-weight M&L 1 steers $199.98/cwt +3.59 vs last sale · ≈ $1,151/hd at 576 lb · 393 head
light 6-weight M&L 1 steers $190.39/cwt +1.74 vs last sale · ≈ $1,190/hd at 625 lb · 348 head
light 5-weight M&L 1 heifers $187.43/cwt -1.94 vs last sale · ≈ $991/hd at 529 lb · 320 head
HeadThis saleLast saleLast year
Total receipts 3,303 3,159 4,510
Feeder cattle 3,181 2,797 4,119
Slaughter cattle 112 261 234
Replacement cattle 10 101 157

Compared to last week: Steer calves under 450 lbs traded steady to 10.00 lower in a narrow comparison, steer calves over 450 lbs traded steady to 3.00 higher. Heifer calves under 500 lbs sold mostly 5.00-8.00 higher, heifers over 500 lbs sold steady to 3.00 higher. Demand was mostly moderate to good for moderate to heavy offerings. Quality today was average to very attractive, and even better than last weeks offering. Many sets of fresh calves, straight off the cow, were seen today. Demand for light weight cattle suitable to develop into yearlings remains very good, however after buyers filled loads the price for this class of claves lightened. This was more apparent on steers than heifers. Unweaned calves with both spring and fall preconditioning shots sold with the best demand. Fully preconditioned calves could sell with as much as a $5.00 premium to calves with with only spring shots. Calves weaned 45 days or longer sold on moderate to good demand today. Many sets of weaned calves were weaned 45 days up to 60 days. Demand for short weaned calves remains light especially if calves were rough haired and carrying some belly or excess fill. Market activity was mostly active today. A good crowd of buyers was on hand as both farmer feeders and order buyers were both active in filling loads. Weigh up cows sold on mostly light to moderate demand for very light offerings. Both slaughter and feeding cows sold with steady undertones in a very narrow comparison. Cow quality was mostly plain to average today. Weigh up conditions were average to below average today with many cows carrying excess fill. Slaughter bulls were too lightly tested to develop any trend. Young age cows suitable to feed or rebreed were too lightly tested to trend.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
309–340 unweaned 313 8 280.00–287.50 $286.48 $897 -18.52
362–397 unweaned 384 49 250.00–285.00 $268.14 $1,030 -21.94
409–422 unweaned 416 32 243.00–267.00 $256.11 $1,065 -7.48
453–488 unweaned 475 262 223.00–257.50 $230.57 $1,095 +8.53
513 513 22 202.00–210.50 $207.02 $1,062 +12.02
504–548 unweaned 533 172 195.00–214.00 $206.68 $1,102 +0.86
558 fancy 558 120 209.25 $209.25 $1,168 -1.25
551–599 unweaned 582 235 189.50–203.00 $196.56 $1,144 +0.91
573–598 592 38 191.00–195.00 $191.88 $1,136
612–642 622 86 181.50–194.00 $186.98 $1,163 -0.02
603–647 unweaned 626 262 182.00–195.00 $191.51 $1,199 +2.82
655–696 unweaned 671 151 172.00–187.00 $181.54 $1,218 +6.13
687 687 42 184.00 $184.00 $1,264 +3.50
713 fancy 713 41 188.00 $188.00 $1,340
716–743 unweaned 719 50 173.00–181.00 $174.66 $1,256 -2.64
718–744 734 62 174.00–181.00 $176.29 $1,294
744 744 8 169.00 $169.00 $1,257
814 814 6 181.00 $181.00 $1,473
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
358–397 unweaned 381 21 247.00–277.50 $255.42 $973 -4.02
498 unweaned 498 2 206.00 $206.00 $1,026 +5.79
538 unweaned 538 10 189.00 $189.00 $1,017 -2.51
562–585 unweaned 568 4 181.00–188.00 $182.80 $1,038 +3.38
625–640 635 9 168.00–169.50 $169.01 $1,073
750 750 4 157.00 $157.00 $1,178
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
720 unweaned 720 33 169.50 $169.50 $1,220

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
313–321 unweaned 317 8 240.00 $240.00 $761 +14.31
350–389 unweaned 371 35 212.50–229.00 $219.76 $815 +6.90
412–448 unweaned 433 106 207.00–221.00 $215.41 $933 +10.60
453–499 unweaned 479 165 187.50–214.50 $201.79 $967 +8.23
474–484 480 16 188.50–189.00 $188.78 $906
503–525 fancy 520 63 192.50–194.50 $194.10 $1,009 -0.99
523–543 530 68 183.00–188.00 $186.27 $987 +5.77
509–547 unweaned 531 189 177.50–188.50 $185.63 $986 -3.03
565–593 unweaned 583 228 170.50–186.00 $179.39 $1,046 +5.10
596 596 40 178.50 $178.50 $1,064 +20.00
612–631 unweaned 621 69 171.00–179.00 $176.62 $1,097 +3.41
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
377 unweaned 377 14 210.00 $210.00 $792 +15.03
443 unweaned 443 32 194.00 $194.00 $859 +5.50
460–480 unweaned 465 4 160.00–175.00 $171.13 $796 -2.87
495 495 2 183.50 $183.50 $908
570 unweaned 570 5 167.00 $167.00 $952
614 unweaned 614 15 165.00 $165.00 $1,013
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
583 583 15 165.00 $165.00 $962
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
449 unweaned 449 15 207.00 $207.00 $929

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
535 unweaned 535 11 189.00 $189.00 $1,011
573 unweaned 573 10 170.50 $170.50 $977

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Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
990 990 85-90% 1 47.00 $47.00 $465
1018–1270 1081 85-90% 4 45.00–46.00 $45.71 $494
1170 1170 85-90% 1 55.00 $55.00 $644 -18.41
1075–1345 1230 85-90% 3 71.00–74.00 $72.40 $891 +16.09
1095–1265 1233 85-90% 13 60.50–66.50 $63.60 $784 +7.29
1107–1358 1256 85-90% 32 48.00–57.00 $53.91 $677
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1345–1570 1391 80-85% 11 74.00–79.00 $76.36 $1,062 +2.07
1388–1433 1425 80-85% 16 59.00–65.00 $60.10 $856 +0.91
1435 1435 80-85% 1 56.00 $56.00 $804 -3.19
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1473 1473 75-80% 5 78.50 $78.50 $1,156 -2.70
1605 1605 75-80% 2 79.00 $79.00 $1,268

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1355 1355 1 82.00 $82.00 $1,111
1640–1920 1733 3 72.00–86.00 $77.17 $1,337
1755 1755 1 92.00 $92.00 $1,615 +9.04

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
920–945 933 (<2 yrs)Open 2 95.00–109.00 $101.91 $951
1101–1115 1103 Young (2-4 yrs)Open 7 71.00–75.00 $71.58 $790

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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.