Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, November 18, 2020

3,162 head sold ·Official USDA report

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

light 7-weight M&L 1 heifers $139.50/cwt ≈ $1,032/hd at 740 lb · 49 head
light 8-weight M&L 1 heifers $130.86/cwt +0.86 vs last sale · ≈ $1,062/hd at 812 lb · 47 head
heavy 4-weight M&L 1 steers $170.65/cwt ≈ $831/hd at 487 lb · 27 head
HeadThis saleLast saleLast year
Total receipts 3,162 2,544 2,533
Feeder cattle 502 569 632
Slaughter cattle 1,988 1,553 201
Replacement cattle 672 422 1,700

Compared to last week: Yearling steers and heifers were too lightly tested last sale to develop an accurate market trend, however higher undertones were noticed. Demand for yearlings was mostly moderate to good. Unweaned steer calves under 550 lbs sold mostly 10.00-20.00 higher in a narrow comparison; unweaned steers over 550 lbs sold steady to 3.00 higher. Unweaned heifer calves under 550 lbs sold mostly 8.00-9.00 higher in a narrow comparison. Demand this week was mostly moderate to good. Quality overall was better this week compared to last. Calves were fresher in appearance with most coming fresh off the cow. Market activity this week was mostly moderate to active. Weigh up cows sold on mostly moderate demand for heavy offerings. Cow quality this week was average to attractive. Many long strings of cows were seen this week and buyers had the opportunity to buy one iron home raised cows. Packers opted to send most cows to feed this sale. Packers purchased cows for both short term, holiday feed, as well as, high quality cows suitable to feed to premium white. Demand started the sale mostly light but improved to light to moderate as buyers competed over high quality offerings. Slaughter cows sold mostly 1.00-3.00 lower. Feeding cows started out mostly 2.00 lower but improved to near steady as the sale progressed. Buyers looking for exposed cows also helped improve demand to some degree as they purchased cows to feed. Some will calve these cows out, while others will ship these cows before calving. Slaughter bulls sold frim as packers pushed feeding buyers in order to buy some bulls away from feeding buyers. Two year old to young age cows sold on mostly good demand this sale. Quality was average to very attractive. Buyers showed good demand for one iron home raised cows. Several load lots of this class of cows were seen this week. These cows sold 15.00-18.00 higher than last week.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
396 unweaned 396 16 189.00 $189.00 $748 +8.00
407–435 unweaned 419 14 186.00–189.00 $188.23 $789 +21.54
473–489 unweaned 487 27 170.00–176.00 $170.65 $831
503–504 unweaned 504 10 164.00 $164.00 $827 +16.15
572 unweaned 572 22 150.00 $150.00 $858 +4.15
620–645 unweaned 630 12 137.00–141.50 $139.49 $879 +2.16
656 unweaned 656 7 137.00 $137.00 $899 +0.36
661 661 4 140.00 $140.00 $925 +1.00
712 unweaned 712 3 138.50 $138.50 $986
757–788 unweaned 773 6 129.00–137.50 $133.34 $1,031
774 774 18 134.00 $134.00 $1,037
879 879 16 135.50 $135.50 $1,191 -2.00
922 922 3 125.00 $125.00 $1,152
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
382 unweaned 382 3 182.00 $182.00 $695
434 unweaned 434 4 145.00 $145.00 $629 -18.00
531–548 unweaned 539 8 145.00–155.00 $151.71 $818
561–585 unweaned 569 18 132.00–148.00 $139.62 $794
613 unweaned 613 2 130.00 $130.00 $797

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
410–440 unweaned 414 25 152.00–153.00 $152.87 $633 +8.01
455–463 unweaned 457 13 148.00–149.00 $148.23 $677
507–509 unweaned 508 25 143.00–145.50 $143.70 $730 +8.70
604–619 unweaned 611 17 125.00–130.00 $127.83 $781
635 635 8 129.00 $129.00 $819
667 667 14 139.00 $139.00 $927
740 740 49 139.50 $139.50 $1,032
803 803 7 125.00 $125.00 $1,004 -5.00
809–828 813 40 126.00–135.00 $131.89 $1,072 +1.89
894 894 10 124.50 $124.50 $1,113
909–937 918 9 124.00–126.00 $125.32 $1,150
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
470–478 unweaned 474 4 137.00–139.00 $138.01 $654
500 unweaned 500 3 136.00 $136.00 $680 +4.32
554–580 unweaned 562 10 127.00–128.00 $127.31 $715
748 748 19 132.50 $132.50 $991
775 775 2 122.00 $122.00 $946
875–898 895 8 120.00 $120.00 $1,074 -2.00
918 918 2 117.00 $117.00 $1,074

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
480 480 3 167.50 $167.50 $804
573 unweaned 573 3 138.00 $138.00 $791
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1145 1145 2 83.00 $83.00 $950 -8.00

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Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
770–910 840 85-90% 2 29.00–32.00 $30.38 $255
870–920 895 85-90% 2 40.00–41.00 $40.51 $363
910 910 85-90% 1 37.00 $37.00 $337
1043–1095 1081 85-90% 40 57.00–63.00 $60.28 $652
1013–1318 1150 85-90% 64 26.00–38.50 $33.70 $388 -11.14
975–1325 1169 85-90% 163 37.00–47.00 $43.39 $507 -1.45
910–1376 1199 85-90% 51 37.00–46.50 $42.27 $507 -16.61
1050–1357 1239 85-90% 278 46.00–56.00 $51.03 $632 +0.35
1290–1340 1320 85-90% 3 46.00–48.00 $46.99 $620
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1185–1625 1373 80-85% 132 47.00–59.50 $53.26 $731 -8.16
1337–1503 1402 80-85% 12 45.00–48.50 $46.97 $659 +1.82
1405 1405 80-85% 1 70.00 $70.00 $984 +24.85
1331–1603 1470 80-85% 25 42.00–46.75 $44.61 $656
1435–1485 1472 80-85% 9 47.00–50.00 $48.67 $716
1278–1603 1486 80-85% 18 59.00–66.50 $62.39 $927
1525 1525 80-85% 1 36.00 $36.00 $549
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1465–1750 1567 75-80% 7 60.00–65.50 $63.10 $989
1450–1830 1640 75-80% 2 47.00 $47.00 $771 -19.76
1682–1805 1716 75-80% 5 64.50–68.00 $65.74 $1,128

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1425–1450 1438 2 80.50–82.00 $81.24 $1,168
1495–1885 1690 2 74.00–75.00 $74.44 $1,258
1425–2100 1755 3 77.00–81.00 $79.52 $1,396
1805–2090 1900 4 77.00–83.00 $80.20 $1,524
1440–2230 1949 8 71.00–75.50 $72.35 $1,410
1930–2025 1978 2 83.00–83.50 $83.26 $1,647 +5.89
YG2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1696–2325 1775 8 72.00–75.00 $74.51 $1,323

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
900 thin fleshed 900 (<2 yrs)Open 1 60.00 $60.00 $540
800–1240 910 (<2 yrs)Open 229 67.00–110.00 $94.60 $861
835–1325 1004 Young (2-4 yrs)Open 103 52.00–100.00 $77.73 $780
1086 1086 Young/Middle Aged (2-8 yrs)Open 11 71.00 $71.00 $771
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
810–887 865 (<2 yrs)Open 7 71.00–77.00 $72.61 $628
995–1090 1043 Young (2-4 yrs)Open 6 52.50–62.00 $57.03 $595

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1068 1068 Young/Middle Aged (2-8 yrs)1st/2nd Stage (1-6 mo) 12 935.00 $935.00
1131 1131 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 7 985.00 $985.00
1148 1148 Aged (>8 yrs)2nd Stage (4-6 mo) 12 810.00 $810.00
1150 1150 Young (2-4 yrs)1st Stage (1-3 mo) 14 700.00 $700.00
1129–1229 1161 Young (2-4 yrs)2nd Stage (4-6 mo) 34 1,050.00–1,125.00 $1,079.51
1156–1298 1207 Aged (>8 yrs)2nd Stage (4-6 mo) 24 635.00–700.00 $666.68

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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.