Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report, Billings, MT

Billings, Montana · USDA-reported Auction Livestock

Sale of Friday, October 9, 2026

2,203 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 $418.19/cwt -2.96 vs last sale · ≈ $2,399/hd at 574 lb · 253 head
heavy 4-weight M&L 1 heifers $431.40/cwt -9.63 vs last sale · ≈ $2,056/hd at 476 lb · 195 head
light 5-weight M&L 1 heifers $400.64/cwt -13.49 vs last sale · ≈ $2,088/hd at 521 lb · 186 head
HeadThis saleLast saleLast year
Total receipts 2,203 2,160 1,914
Feeder cattle 2,093 2,149 1,709
Slaughter cattle 70 8 165
Replacement cattle 40 3 40

Compared to last week steer calves under 450 lbs were too lightly tested either this week or last to develop an accurate market trend, however lower undertones were noticed. 450 lbs steer calves and heavier sold generally steady. Heifer calves under 450 lbs sold generally steady in a narrow comparison. Heifers over 450 lbs sold mostly 4.00-8.00 lower. No yearling cattle were seen this sale. Calves sold on mostly moderate to good demand for moderate offerings. Cooperate packer buyers were back in the market this week and showed very good demand for attractive offerings. Demand for calves with both spring and fall vaccinations was good and prices overlapped in places as a result. Quality this week was mostly average to very attractive. Most offerings were offered in small to moderate size packages with no load lots seen. Canadian buyers were not as active this week as trucking has become tight and buyers report finding truck to ship cattle north to be difficult. A slightly smaller pool of buyers was seen this week however market activity was mostly moderate to active. Weigh up cows and bulls sold on moderate demand for very light offerings. Feeding cows, slaughter cows and slaughter bulls all sold steady with Wednesdays sale. Packer buyers showed moderate to good demand as they tried to fill loads before the weekend.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
255–280 unweaned 275 5 640.00–660.00 $643.71 $1,770 —
310–325 unweaned 319 8 565.00–620.00 $598.28 $1,909 -27.05
350–390 unweaned 375 19 520.00–555.00 $538.20 $2,018 -31.80
426 426 5 470.00 $470.00 $2,002 —
402–448 unweaned 432 75 480.00–525.00 $501.72 $2,167 -7.56
452–498 unweaned 473 135 460.00–507.50 $483.26 $2,286 +3.58
535 535 6 410.00 $410.00 $2,194 —
518–545 unweaned 537 163 435.00–461.00 $449.52 $2,414 -6.48
569 569 17 385.00 $385.00 $2,191 —
550–598 unweaned 574 236 400.00–430.50 $420.58 $2,414 -0.57
600–643 unweaned 624 149 380.00–410.00 $398.01 $2,484 -3.61
628–649 642 26 372.00–387.00 $377.08 $2,421 —
653–699 unweaned 674 81 365.00–390.00 $381.13 $2,569 -7.66
710–748 unweaned 725 52 361.50–374.00 $370.62 $2,687 +1.19
742 742 15 336.00 $336.00 $2,493 —
805 unweaned 805 3 340.00 $340.00 $2,737 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
220 unweaned 220 5 620.00 $620.00 $1,364 +20.00
310 unweaned 310 2 530.00 $530.00 $1,643 -6.42
360–395 unweaned 363 13 505.00–515.00 $514.16 $1,866 —
415–435 unweaned 425 12 435.00–470.00 $448.92 $1,908 -1.08
467 unweaned 467 3 425.00 $425.00 $1,985 -23.18
525–549 unweaned 544 30 420.00–430.00 $423.54 $2,304 +4.64
573–580 unweaned 576 7 395.00–401.00 $397.59 $2,290 -6.55
600–625 unweaned 615 5 376.00–387.00 $381.11 $2,344 -3.89
655 unweaned 655 2 371.00 $371.00 $2,430 —
708 unweaned 708 2 363.00 $363.00 $2,570 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
421 unweaned 421 4 425.00 $425.00 $1,789 —
490 unweaned 490 5 405.00 $405.00 $1,984 —
722 unweaned 722 3 347.50 $347.50 $2,509 —

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
314–340 unweaned 328 13 495.00–547.50 $508.09 $1,667 -13.06
355–386 unweaned 371 23 482.50–522.50 $503.23 $1,867 +11.21
418 418 3 440.00 $440.00 $1,839 —
413–443 unweaned 420 32 447.50–465.00 $461.36 $1,938 +1.12
463 463 7 397.50 $397.50 $1,840 —
450–499 unweaned 477 188 413.00–456.00 $432.66 $2,064 -8.37
506–545 unweaned 521 171 388.00–417.00 $403.99 $2,105 -10.24
522 522 15 362.50 $362.50 $1,892 -50.00
555–595 unweaned 577 22 375.00–383.00 $380.12 $2,193 -6.04
582 582 11 355.00 $355.00 $2,066 —
600–649 unweaned 624 28 352.50–376.00 $364.34 $2,273 -10.88
643 643 11 343.00 $343.00 $2,205 —
679–696 unweaned 693 40 344.00–349.00 $345.37 $2,393 -19.63
717–733 unweaned 725 10 321.00–324.00 $322.52 $2,338 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325 unweaned 325 1 490.00 $490.00 $1,592 +20.00
373–397 unweaned 386 24 455.00–461.00 $457.80 $1,767 +2.80
403–445 unweaned 438 23 430.00–445.00 $439.54 $1,925 -5.46
463–465 unweaned 463 27 396.00–410.00 $396.52 $1,836 -6.06
510–543 unweaned 530 7 370.00–394.00 $380.97 $2,019 —
558–578 unweaned 568 9 365.00–372.50 $368.57 $2,093 —
625 unweaned 625 2 355.00 $355.00 $2,219 —
650 unweaned 650 2 345.00 $345.00 $2,242 -2.50

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
415–448 unweaned 446 17 460.00–475.00 $474.18 $2,115 —
535 unweaned 535 1 415.00 $415.00 $2,220 -5.65
675 unweaned 675 2 340.00 $340.00 $2,295 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
614 unweaned 614 5 340.00 $340.00 $2,088 —

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1267 1267 80-85% 3 152.00 $152.00 $1,926 —
1275–1525 1400 80-85% 2 108.00–117.50 $113.17 $1,584 —
1280–1540 1406 80-85% 15 135.00–149.00 $146.42 $2,059 —
1375–1480 1430 80-85% 3 118.00–135.00 $124.72 $1,783 —
1440–1690 1584 80-85% 3 120.00–129.00 $125.25 $1,984 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
990 990 85-90% 1 112.50 $112.50 $1,114 —
1090 1090 85-90% 1 70.00 $70.00 $763 —
1150–1285 1208 85-90% 12 138.00–147.50 $144.22 $1,742 +34.22
1210 1210 85-90% 1 133.00 $133.00 $1,609 +23.00
1280–1298 1292 85-90% 3 108.00–112.00 $110.68 $1,430 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1623 1623 75-80% 3 130.00 $130.00 $2,110 —
1670 1670 75-80% 8 142.00 $142.00 $2,371 —
1675 1675 75-80% 2 123.00 $123.00 $2,060 —
1730–1915 1835 75-80% 5 128.00–135.00 $129.32 $2,373 —

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1510 1510 1 165.00 $165.00 $2,492 —
1330–1640 1588 6 172.00–175.00 $174.20 $2,766 —
1905 1905 1 174.00 $174.00 $3,315 —

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1043–1205 1103 Young (2-4 yrs)Open 21 220.00–262.50 $244.55 $2,697
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
935–1215 1131 Young (2-4 yrs)Open 7 155.00–210.00 $178.92 $2,024

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1225–1465 1345 Young (2-4 yrs)1st Stage (1-3 mo) 2 2,800.00–2,850.00 $2,822.77
1378 1378 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 2 3,150.00 $3,150.00

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hdΔ last sale
1372 1372 Young (2-4 yrs)N/A 6 195.00 $195.00 $2,675 —

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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.