Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Friday, October 3, 2025

1,449 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 steers $474.08/cwt +95.02 vs last sale · ≈ $2,513/hd at 530 lb · 163 head
heavy 6-weight M&L 1 steers $412.77/cwt +92.89 vs last sale · ≈ $2,805/hd at 680 lb · 121 head
light 6-weight M&L 1 steers $423.02/cwt +84.98 vs last sale · ≈ $2,678/hd at 633 lb · 112 head

Receipts

HeadThis saleLast saleLast year
Head itemized in priced lots 1,449 — —

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
355–375 unweaned 366 65 565.00–640.00 $586.39 $2,146 —
402–442 unweaned 430 64 528.00–550.00 $536.39 $2,306 —
456–477 unweaned 464 31 485.00–520.00 $497.99 $2,311 —
503–548 unweaned 530 163 457.00–480.00 $474.08 $2,513 —
555 555 5 422.50 $422.50 $2,345 +63.42
555–599 unweaned 575 46 420.00–455.00 $441.61 $2,539 —
607–648 unweaned 633 112 403.00–439.50 $423.02 $2,678 —
653–696 unweaned 676 87 395.00–429.00 $418.74 $2,831 —
689 689 34 397.50 $397.50 $2,739 +77.62
700–720 unweaned 706 16 381.00–415.00 $404.06 $2,853 —
753 unweaned 753 10 409.00 $409.00 $3,080 —
858 858 4 354.00 $354.00 $3,037 +88.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
248 unweaned 248 3 640.00 $640.00 $1,587 —
283–292 unweaned 287 11 635.00 $635.00 $1,822 —
301–330 unweaned 314 14 555.00–585.00 $572.84 $1,799 —
359 unweaned 359 12 525.00 $525.00 $1,885 —
407–449 unweaned 427 14 480.00–525.00 $503.94 $2,152 —
527 unweaned 527 3 445.00 $445.00 $2,345 —
561–591 unweaned 577 27 410.00–417.00 $411.96 $2,377 —
645 unweaned 645 10 365.00–398.00 $381.50 $2,461 —
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
463 unweaned 463 14 482.00 $482.00 $2,232 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
456 unweaned 456 7 405.00 $405.00 $1,847 —
763 763 4 358.00 $358.00 $2,732 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
304–327 unweaned 317 27 535.00–548.00 $542.46 $1,720 —
358–374 unweaned 366 33 515.00–540.00 $531.56 $1,946 —
406–416 unweaned 410 51 487.50–502.50 $499.54 $2,048 —
455–499 unweaned 474 73 423.00–470.00 $439.42 $2,083 —
513–547 unweaned 534 29 392.50–414.00 $404.29 $2,159 —
550–587 unweaned 568 72 381.00–402.00 $388.05 $2,204 —
603–635 unweaned 621 64 379.00–390.00 $387.80 $2,408 —
665 665 22 375.00 $375.00 $2,494 +86.00
705 705 9 365.00 $365.00 $2,573 +78.25
767 767 3 335.00 $335.00 $2,569 +60.57
771–798 792 38 348.50–357.50 $350.25 $2,774 +60.25
814–846 829 34 338.00–345.00 $341.64 $2,832 +80.07
850–877 871 48 326.00–336.00 $329.12 $2,867 —
922 922 22 312.00 $312.00 $2,877 —
948 948 12 314.00 $314.00 $2,977 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
275 unweaned 275 2 480.00 $480.00 $1,320 —
301–306 unweaned 303 24 465.00–520.00 $495.10 $1,500 —
381 unweaned 381 9 497.50 $497.50 $1,895 —
558 unweaned 558 7 393.00 $393.00 $2,193 —
648 unweaned 648 4 369.00 $369.00 $2,391 —
839 839 4 318.50 $318.50 $2,672 —
896 896 9 322.00 $322.00 $2,885 —
922 922 3 310.00 $310.00 $2,858 —
955 955 3 295.00 $295.00 $2,817 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
659 659 4 317.50 $317.50 $2,092 +57.50

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
401 unweaned 401 5 520.00 $520.00 $2,085 —
490 unweaned 490 20 462.50 $462.50 $2,266 —
548 unweaned 548 9 422.50 $422.50 $2,315 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1310–1535 1358 80-85% 7 135.00–139.00 $136.79 $1,858 +5.44
1300–1595 1377 80-85% 10 150.00–154.00 $152.04 $2,094 +20.69
1414–1480 1423 80-85% 7 160.00–161.00 $160.15 $2,279 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
840 840 85-90% 1 126.00 $126.00 $1,058 —
1210–1280 1231 85-90% 4 132.00–150.00 $142.09 $1,749 +17.09
1125–1390 1264 85-90% 7 113.00–133.00 $120.78 $1,527 —
1280 1280 85-90% 1 165.00 $165.00 $2,112 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1900 1900 2 185.00 $185.00 $3,515 —
2065 2065 1 189.00 $189.00 $3,903 —

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Stock Cows

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
850 850 (<2 yrs)Open 1 305.00 $305.00 $2,592
1113 1113 Young (2-4 yrs)Open 2 212.50 $212.50 $2,365
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1035–1190 1113 Young (2-4 yrs)Open 2 179.00–222.50 $199.23 $2,217

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1205–1450 1287 Middle Aged/Aged (>5 yrs)1st/2nd Stage (1-6 mo) 3 2,500.00 $2,500.00
1355–1580 1468 Aged (>8 yrs)1st/2nd Stage (1-6 mo) 2 2,400.00–2,500.00 $2,453.83
1505 1505 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 1 2,500.00 $2,500.00
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1358 1358 Young (2-4 yrs)1st Stage (1-3 mo) 2 3,100.00 $3,100.00

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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.