Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Friday, July 26, 2024

1,699 head sold ·Official USDA report

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

light 9-weight M&L 1 heifers $229.72/cwt ≈ $2,162/hd at 941 lb · 280 head
heavy 9-weight M&L 1 steers $246.21/cwt +31.21 vs last sale · ≈ $2,359/hd at 958 lb · 158 head
heavy 9-weight M&L 1 heifers $223.28/cwt ≈ $2,173/hd at 973 lb · 93 head
HeadThis saleLast saleLast year
Total receipts 1,699 6,017 1,650
Feeder cattle 1,203 5,825 1,637
Slaughter cattle 333 50 13
Replacement cattle 163 142 0

Compared to last sale: This sale was moved from Billings livestock commission to Public auction yards due to the size of the Northern Livestock video sale. All comparisons are to the last sale at Public auction yards which was June 26th 2024. This was the first test of yearling offerings seen this summer so no comparisons for feeders can be made. Quality this week was average to attractive. Flesh conditions were mostly light to moderate. Demand was mostly good for moderate offerings. Several large consignments of yearlings were seen today and demand for load lot offerings was very good. Market activity was mostly active with both private and cooperate feeders bidding on offerings. Weigh up cows sold on mostly moderate demand for light offerings. Fewer packer buyers were on hand for todays sale which allowed slaughter cows to sell mostly lower. Breaking cows sold mostly 2.00 lower, boning and lean cows sold 2.00-5.00 lower. Feeding demand remains good and both packer and private feeders both showed good demand for cows suitable to feed. Feeding cows sold generally steady to weak. Cow quality this sale was mostly average and much lower than last sale. Yielding conditions were lower as well as cows running out on pasture and range are starting to green back up depending on where the cows are from. Competition with grasshoppers and dry conditions have led to lighter body condition scores than the sale at the end of June. Hot weather also caused many offerings to tank up on water as weather the last few days has been running over 100 degrees. Weigh conditions overall were average. Slaughter bulls sold mostly steady to 8.00 lower. Feeding demand caused bulls to sell unevenly. This biggest decline in prices was for high dressing bulls as most of these offerings were too big to feed. Quality today was mostly average to attractive. Bull yields were sharply lower compared to last sale as many bulls have been turned out with cows and were in lighter flesh than last sale. Feeding bulls sold 2.00-3.00 higher. Young age cows suitable to feed or rebreed were too lightly tested to develop any market trend. Demand for very high quality offering was mostly good.

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
831 831 65 262.00 $262.00 $2,177 +22.00
873 873 5 255.00 $255.00 $2,226 +7.50
911–923 913 22 248.00–250.50 $250.16 $2,284 +26.44
952–957 957 153 242.00–247.00 $246.71 $2,361 +31.71
996 996 5 231.00 $231.00 $2,301 +16.00
1017–1036 1027 117 238.00–238.50 $238.24 $2,447
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
732 732 5 264.00 $264.00 $1,932 +11.60
940 940 42 241.00 $241.00 $2,265
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
820 820 13 245.00 $245.00 $2,009
895 895 18 231.00 $231.00 $2,067
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1145 1145 2 217.50 $217.50 $2,490

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
726 726 4 246.00 $246.00 $1,786 +0.32
816–823 818 10 234.00–236.00 $235.40 $1,926 +7.89
867 867 6 233.00 $233.00 $2,020
919–945 941 280 229.50–231.00 $229.72 $2,162
963–977 973 93 223.00–224.00 $223.28 $2,173
1004–1029 1025 58 210.50–219.00 $214.40 $2,198
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
806–820 816 14 225.00–232.00 $230.02 $1,877
874–895 886 51 216.00–223.50 $221.64 $1,964
904–927 916 46 210.00–219.00 $212.70 $1,948 +9.44
964 964 10 211.00 $211.00 $2,034
1010 1010 2 205.00 $205.00 $2,070
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
656 656 16 240.00 $240.00 $1,574 -7.00
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
910 910 3 221.00 $221.00 $2,011
1147 1147 5 183.00 $183.00 $2,099
Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1194 1194 6 170.00 $170.00 $2,030
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
650 650 4 237.50 $237.50 $1,544

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Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1161 1161 10 216.00 $216.00 $2,508
1256 1256 4 175.00 $175.00 $2,198
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
687 687 3 265.00 $265.00 $1,821 +5.00
726 726 7 255.00 $255.00 $1,851
950 950 1 226.00 $226.00 $2,147
1048 1048 3 228.00 $228.00 $2,389

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1220–1555 1368 80-85% 6 129.50–133.00 $130.72 $1,788 +19.62
1257–1695 1368 80-85% 67 134.00–146.00 $142.30 $1,947 +31.20
1346–1615 1396 80-85% 19 129.00–143.00 $133.39 $1,862 +22.29
1098–1560 1435 80-85% 43 145.00–154.50 $147.49 $2,116 +45.31
1350–1665 1484 80-85% 6 118.00–128.00 $123.58 $1,834
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
755 755 85-90% 1 95.00 $95.00 $717
855–985 929 85-90% 6 104.00–124.00 $112.56 $1,046
1030–1263 1150 85-90% 6 126.00–135.50 $131.86 $1,516
1020–1345 1174 85-90% 20 105.00–125.00 $118.65 $1,393 +8.05
1032–1269 1174 85-90% 22 131.00–138.50 $135.08 $1,586 +24.48
1243–1255 1247 85-90% 3 102.00–104.00 $103.33 $1,289
1280 1280 85-90% 1 142.50 $142.50 $1,824
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1503–1510 1507 75-80% 4 140.00–144.00 $142.00 $2,140
1578–1605 1587 75-80% 3 148.00–149.00 $148.34 $2,354
1590 1590 75-80% 1 136.00 $136.00 $2,162
1635 1635 75-80% 1 124.00 $124.00 $2,027 +14.15
1600–1680 1647 75-80% 5 140.00–142.00 $140.80 $2,319 +30.95
1665–1780 1711 75-80% 5 137.00–139.00 $137.83 $2,358 +21.83
1755 1755 75-80% 1 149.00 $149.00 $2,615

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1345–1400 1382 3 137.00–144.00 $141.73 $1,959
1120–1798 1556 7 162.50–174.00 $169.03 $2,630
1533–1845 1635 7 173.00–179.00 $176.25 $2,882 +64.14
1350–2205 1846 7 132.00–154.00 $148.86 $2,748
1748–2250 1955 25 157.00–171.00 $164.21 $3,210
1795–2200 1996 6 172.00–175.00 $173.66 $3,466

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1030–1292 1114 Young (2-4 yrs)Open 14 146.00–166.00 $156.63 $1,745
1275 1275 (<2 yrs)Open 1 150.00 $150.00 $1,912
Medium 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
815 815 (<2 yrs)Open 1 150.00 $150.00 $1,222

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Medium 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
814–857 thin fleshed 831 (<2 yrs)1st Stage (1-3 mo) 30 1,750.00–2,000.00 $1,853.10
899 899 (<2 yrs)1st Stage (1-3 mo) 98 2,400.00 $2,400.00
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1185 1185 Young (2-4 yrs)3rd Stage (7-9 mo) 2 147.00 $147.00 $1,742

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N/N/A ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
2050 2050 1 120.00 $120.00 $2,460

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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.