Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Friday, February 28, 2025

2,909 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 $338.04/cwt +9.77 vs last sale · ≈ $2,093/hd at 619 lb · 273 head
light 6-weight M&L 1 heifers $302.78/cwt +5.86 vs last sale · ≈ $1,886/hd at 623 lb · 202 head
light 7-weight M&L 1 heifers $289.40/cwt +28.35 vs last sale · ≈ $2,092/hd at 723 lb · 175 head

Receipts

HeadThis saleLast saleLast year
Head itemized in priced lots 2,909 — —

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
360–379 378 26 427.50–436.00 $433.02 $1,637 -41.98
405–415 414 15 425.00–435.00 $430.01 $1,780 +1.16
458–482 469 58 390.00–410.00 $395.91 $1,857 +13.66
502–542 528 95 368.00–395.00 $379.06 $2,001 +19.54
550–592 568 39 347.00–370.00 $359.08 $2,040 +13.89
603 thin fleshed 603 41 353.00 $353.00 $2,129 +11.50
604–639 622 232 324.00–345.00 $335.40 $2,086 +8.64
653–694 667 114 310.00–326.00 $319.88 $2,134 +19.15
700–735 721 147 301.00–311.00 $306.32 $2,209 +11.62
758–773 772 30 286.00–294.00 $286.52 $2,212 +11.29
778 778 4 270.00 $270.00 $2,101 -5.23
802–807 805 103 282.50–286.50 $284.83 $2,293 +17.88
800–811 809 49 255.00–263.00 $261.22 $2,113 -5.73
866 866 5 266.00 $266.00 $2,304 +2.38
881 881 4 255.00 $255.00 $2,247 -8.62
939 939 15 256.00 $256.00 $2,404 ±0.00
1077 1077 6 232.00 $232.00 $2,499 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
361 361 6 425.00 $425.00 $1,534 -0.31
410–436 434 12 400.00–405.00 $400.39 $1,738 +15.54
482 482 9 374.00 $374.00 $1,803 +9.91
526–549 542 42 361.00–364.00 $361.80 $1,961 +34.43
587–598 592 43 337.00–342.00 $340.81 $2,018 +36.82
645–648 646 14 315.00–316.00 $315.43 $2,038 +21.94
650–694 679 86 290.00–297.00 $296.04 $2,010 +10.90
728 728 8 268.00 $268.00 $1,951 -9.12
715–732 730 10 290.00–293.00 $290.29 $2,119 +13.17
780–786 785 10 275.00–281.00 $276.19 $2,168 -1.81
845 845 5 267.00 $267.00 $2,256 —
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
495 495 8 394.00 $394.00 $1,950 —
595 595 14 337.50 $337.50 $2,008 —
676 676 9 289.00 $289.00 $1,954 —
818 818 2 271.00 $271.00 $2,217 —
925 925 19 253.00 $253.00 $2,340 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
384 384 7 390.00 $390.00 $1,498 —
656 656 12 295.00 $295.00 $1,935 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
413–444 432 86 367.00–385.00 $373.60 $1,614 +23.00
450–493 466 81 339.00–374.00 $350.65 $1,634 +9.01
506–544 530 81 330.00–349.50 $338.26 $1,793 +8.53
563 thin fleshed 563 10 345.00 $345.00 $1,942 —
550–591 572 80 312.00–330.00 $323.01 $1,848 +19.30
604–646 623 202 287.00–313.00 $302.78 $1,886 +5.86
657–695 677 47 283.00–293.00 $289.00 $1,957 +17.74
703–738 723 112 277.00–291.00 $286.75 $2,073 +25.70
717–730 723 63 291.00–297.00 $294.12 $2,126 +33.07
752–795 769 113 262.00–277.50 $274.43 $2,110 —
774 774 10 290.00 $290.00 $2,245 —
825–846 838 138 261.00–266.00 $261.57 $2,192 +14.57
1063–1078 1064 38 199.00–209.00 $208.20 $2,215 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
354–398 384 25 345.00–367.50 $357.86 $1,374 -12.14
423–438 437 45 342.50–351.00 $347.90 $1,520 +0.40
456–498 490 82 329.00–337.00 $333.99 $1,637 —
508–545 532 42 302.00–332.50 $321.51 $1,710 +11.43
568–598 578 14 295.00–309.00 $301.27 $1,741 +12.63
623 623 20 269.00 $269.00 $1,676 +6.98
688–693 689 19 274.00–276.00 $274.21 $1,889 +16.18
703–747 731 19 267.00–270.00 $268.45 $1,962 —
765–790 771 4 259.00 $259.00 $1,997 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
388 388 8 340.00 $340.00 $1,319 —
461–477 470 16 315.00 $315.00 $1,480 —
545 545 11 300.00 $300.00 $1,635 +32.50
575–578 578 18 285.00–288.00 $287.50 $1,662 —
675 675 13 260.00 $260.00 $1,755 —
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325 325 4 350.00 $350.00 $1,138 —
356 356 18 347.50 $347.50 $1,237 +27.50
421 421 12 325.00 $325.00 $1,368 -3.60
492 492 5 331.00 $331.00 $1,629 +16.00
586 586 4 298.00 $298.00 $1,746 +5.50
608 608 6 285.00 $285.00 $1,733 —
984 984 6 188.00 $188.00 $1,850 —
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
555 555 23 295.00 $295.00 $1,637 +12.21
620 620 12 267.00 $267.00 $1,655 -11.00
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
357 357 11 330.00 $330.00 $1,178 —
405 405 10 330.00 $330.00 $1,336 +45.00

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
422–433 427 13 380.00–405.00 $393.30 $1,679 —
451–455 454 11 365.00–380.00 $374.58 $1,701 +2.08
612–645 620 4 284.00–285.00 $284.74 $1,765 —
753–755 754 3 267.00–273.00 $271.00 $2,043 +27.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
418 418 2 370.00 $370.00 $1,547 —
493 493 3 349.00 $349.00 $1,721 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1300–1401 1388 80-85% 8 131.00–134.00 $131.35 $1,823 +31.09
1590 1590 80-85% 1 124.00 $124.00 $1,972 +9.00
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1620–1668 1652 75-80% 3 125.00–127.00 $125.65 $2,076 —
1540–1768 1675 75-80% 4 131.00–133.00 $132.30 $2,216 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1125–1258 1195 85-90% 4 82.50–98.00 $92.42 $1,104 —
1225 1225 85-90% 1 125.00 $125.00 $1,531 +4.38

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1765–1898 1840 4 159.00–165.00 $163.29 $3,005 —

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Stock Cows

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
799–1034 905 (<2 yrs)Open 34 202.00–244.00 $226.20 $2,047
1105–1335 1233 Young (2-4 yrs)Open 4 144.00–170.00 $156.80 $1,933
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1020 1020 Young (2-4 yrs)Open 1 155.00 $155.00 $1,581

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1280 1280 Young (2-4 yrs)3rd Stage (7-9 mo) 2 2,850.00 $2,850.00

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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.