Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Friday, December 1, 2023

1,911 head sold ·Official USDA report

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

light 6-weight M&L 1 steers $250.10/cwt +17.20 vs last sale · ≈ $1,573/hd at 629 lb · 196 head
heavy 5-weight M&L 1 steers $265.21/cwt +11.98 vs last sale · ≈ $1,526/hd at 575 lb · 143 head
light 6-weight M&L 1 heifers $245.12/cwt +16.12 vs last sale · ≈ $1,505/hd at 614 lb · 138 head
HeadThis saleLast saleLast year
Total receipts 1,911 1,507 2,304
Feeder cattle 1,821 1,405 2,078
Slaughter cattle 61 80 159
Replacement cattle 29 22 67

Compared to last sale: Steers under 500 lbs were too lightly tested last sale to develop a full market trend, however higher undertones were noticed. Steer calves over 500 lbs sold mostly 5.00-10.00 higher on a higher quality offering. Heifer calves sold generally steady in a narrow comparison. A large portion of the offering this sale was weaned. Most calves were weaned 45-60 days. Quality this week was mostly average to attractive and overall much more attractive than last sale. Demand was mostly good to very good for light to moderate offerings. Most weaned calves offered buyers two rounds of vaccinations and sold on good demand. Package sizes were moderate today and overall larger than last sale. No load lots were seen today, however several partial loads were seen. Market activity was mostly active with active bidding seen from buyers. Weigh up cows and bulls were too lightly tested to develop any market trend. Demand was moderate for light offerings. Packers showed stronger demand today as they pushed to fill loads from Wednesdays sale. Young age cows sold on light demand today. All young cows sold with lower undertones.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
379–384 381 15 345.00 $345.00 $1,314
387 unweaned 387 3 345.00 $345.00 $1,335 +11.62
475–481 unweaned 481 16 305.00–312.50 $312.04 $1,501 +9.18
481–495 489 69 307.50–314.00 $311.46 $1,523 +17.46
505–544 518 66 293.00–313.00 $301.56 $1,562
500–536 unweaned 523 26 285.00–302.50 $291.68 $1,525 +19.26
554–586 575 141 255.00–273.00 $265.37 $1,526 +17.37
590 unweaned 590 2 254.00 $254.00 $1,499 +0.20
613–645 626 165 238.00–263.00 $251.62 $1,575
645 unweaned 645 31 242.00 $242.00 $1,561 +9.10
652–691 unweaned 680 52 228.00–234.00 $232.48 $1,581 +6.96
715–747 724 60 216.00–233.00 $226.04 $1,637
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
332 unweaned 332 3 355.00 $355.00 $1,179
370 unweaned 370 1 335.00 $335.00 $1,240 +12.50
371–398 388 23 322.50–340.00 $332.46 $1,290 +12.46
423–428 unweaned 427 8 315.00–320.00 $316.24 $1,350 +11.24
433 433 2 300.00 $300.00 $1,299
472 unweaned 472 9 295.00 $295.00 $1,392
502–545 unweaned 518 8 250.00–257.00 $252.76 $1,309
558 unweaned 558 4 237.00 $237.00 $1,322 +11.81
632 unweaned 632 3 232.50 $232.50 $1,469
669–686 unweaned 678 9 214.00–227.00 $221.30 $1,500
687 687 5 220.00 $220.00 $1,511 -5.00
712–717 unweaned 715 6 213.00–215.00 $214.00 $1,530
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405 405 2 305.00 $305.00 $1,235
540–542 541 11 225.00–226.00 $225.55 $1,220
541 unweaned 541 10 229.00 $229.00 $1,239
616 616 13 223.00 $223.00 $1,374

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
368 368 2 280.00 $280.00 $1,030
400–439 423 47 272.50–287.00 $279.00 $1,180
466–498 489 130 268.00–281.00 $273.70 $1,338
507–546 528 109 250.00–262.50 $258.60 $1,365 +6.13
553 unweaned 553 10 239.00 $239.00 $1,322 -6.76
558–586 572 45 241.50–245.00 $242.70 $1,388
608–611 fancy 610 86 247.00–248.00 $247.71 $1,511
600–621 620 46 242.00–243.50 $243.41 $1,509
623 unweaned 623 6 221.00 $221.00 $1,377 -8.00
651–663 unweaned 656 10 215.00–221.00 $217.43 $1,426
714 unweaned 714 19 207.00 $207.00 $1,478
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
436 unweaned 436 11 247.50 $247.50 $1,079 -22.50
448 448 17 260.00 $260.00 $1,165
472–488 unweaned 478 5 238.00–252.50 $246.58 $1,179 -10.92
510–540 526 36 240.00–246.00 $242.53 $1,276
539 unweaned 539 7 238.00 $238.00 $1,283 +2.83
583–588 unweaned 584 14 221.00–230.00 $228.70 $1,336 -3.80
610–619 unweaned 616 16 226.00–228.00 $227.26 $1,400 +17.26
667 667 3 195.00 $195.00 $1,301 -7.00
708–725 716 11 202.00–204.00 $202.92 $1,453 -5.08
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
389 389 9 260.00 $260.00 $1,011
418 418 18 277.50 $277.50 $1,160
465 unweaned 465 3 232.50 $232.50 $1,081
482 482 24 255.00 $255.00 $1,229
500 500 2 227.50 $227.50 $1,138
683 683 26 203.00 $203.00 $1,386
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
383 unweaned 383 3 245.00 $245.00 $938
477 unweaned 477 5 235.00 $235.00 $1,121
481 481 10 235.00 $235.00 $1,130
543 unweaned 543 3 229.00 $229.00 $1,243
571–584 576 12 202.00–207.00 $204.11 $1,176

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
619 619 4 190.00 $190.00 $1,176

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Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
945 945 85-90% 1 63.00 $63.00 $595 +3.00
1125–1185 1162 85-90% 6 83.00–88.00 $84.17 $978 +1.67
1187 1187 85-90% 20 81.75 $81.75 $970 -0.75
1155–1245 1200 85-90% 2 68.00 $68.00 $816 -9.31
1210 1210 85-90% 2 91.00 $91.00 $1,101 +13.69
1325 1325 85-90% 2 63.00 $63.00 $835 +6.31
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1330 1330 80-85% 1 84.00 $84.00 $1,117
1405–1600 1433 80-85% 7 93.00 $93.00 $1,333 +14.37
1450 1450 80-85% 2 86.00 $86.00 $1,247
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1536 1536 75-80% 5 94.50 $94.50 $1,452

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1196 1196 4 77.50 $77.50 $927
1880 1880 1 102.00 $102.00 $1,918
1950 1950 1 111.00 $111.00 $2,164

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
914–1215 1013 (<2 yrs)Open 14 117.50–146.00 $136.67 $1,384
1033 1033 Young (2-4 yrs)Open 5 102.50–105.00 $104.00 $1,074
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
774 thin fleshed 774 (<2 yrs)Open 4 80.00 $80.00 $619

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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.