Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, March 3, 2021

2,377 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 $155.50/cwt ≈ $958/hd at 616 lb · 21 head
heavy 3-weight M&L 1 heifers $179.00/cwt +8.00 vs last sale · ≈ $652/hd at 364 lb · 18 head
HeadThis saleLast saleLast year
Total receipts 2,377 1,068 607
Feeder cattle 85 275 167
Slaughter cattle 547 528 185
Replacement cattle 1,745 265 255

Compared to last week: Feeder cattle were too lightly tested to develop any market trend. Demand was moderate for light offerings. Quality this week was mostly average. Market activity was slow to moderate. Weigh up cows sold on mostly moderate to good demand for moderate to heavy offerings. Packers were aggressive as they purchased cows to feed this week. Many sets of tested open cows were seen this week off the bred offerings and quality was mostly attractive. Packers and feeding buyers battled all sale over high quality offerings. Packers showed slightly stronger demand for slaughter cows this week as well. Slaughter cows sold mostly steady to 1.00 higher. Feeding cows sold steady to 2.00 higher on a higher quality offering. Slaughter bulls sold steady to firm. Weigh up conditions were mostly average to above average this week and buyers offered premiums for high dressing cows as a result. Two year old to young age cows were too lightly tested last week to develop an accurate market trend, however higher undertones were noticed. Several sets of open coming 3 and coming 4 year old cows sold as load lots this week. These offerings were very attractive and all one iron home raised cows. These offerings were met with very good demand. The annual calving time bred cow special was held today and the stands were full of ranchers and order buyers throughout the afternoon buying cows that were right on calving. Demand for bred cows was mostly moderate to good.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
423 423 2 193.00 $193.00 $816 +9.00
570 570 3 159.50 $159.50 $909
616 616 21 155.50 $155.50 $958
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
546 546 4 144.00 $144.00 $786
Medium 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
500 500 3 132.00 $132.00 $660

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
364 364 18 179.00 $179.00 $652 +8.00
658 658 4 134.00 $134.00 $882 +1.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
566 566 5 141.00 $141.00 $798

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
510 510 1 157.50 $157.50 $803
611 611 5 136.00 $136.00 $831
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
470 470 1 157.00 $157.00 $738

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Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
895 895 85-90% 1 44.00 $44.00 $394 +6.00
870–990 954 85-90% 5 51.00–53.00 $52.19 $498 +1.11
1115–1185 1150 85-90% 6 46.00–47.50 $46.73 $537 +10.56
1018–1348 1170 85-90% 59 49.00–58.00 $53.23 $623 +17.06
1005–1355 1203 85-90% 52 58.00–63.00 $59.89 $720 +0.80
1195–1290 1239 85-90% 53 58.00–64.50 $63.09 $782 +8.42
1250 1250 85-90% 1 65.00 $65.00 $812
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1280 1280 80-85% 1 57.00 $57.00 $730
1341–1650 1364 80-85% 95 65.00–68.00 $66.89 $912 +5.82
1183–1675 1370 80-85% 30 52.00–58.50 $55.71 $763 -5.36
1400 1400 80-85% 1 43.00 $43.00 $602 -23.59
1315–1559 1461 80-85% 25 58.00–65.50 $63.12 $922
1365–1640 1528 80-85% 14 59.00–64.25 $61.39 $938 +11.39
1795 1795 80-85% 1 65.00 $65.00 $1,167
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1379–1770 1468 75-80% 55 59.50–65.00 $60.78 $892
1404–1576 1498 75-80% 11 66.00–67.00 $66.57 $997
1585 1585 75-80% 1 49.50 $49.50 $785 -12.56
1580–1775 1678 75-80% 2 66.00–66.50 $66.26 $1,112
1555–1890 1693 75-80% 21 54.00–60.00 $57.24 $969
1538–2020 1732 75-80% 9 60.50–62.50 $61.34 $1,062
1833 1833 75-80% 3 60.50 $60.50 $1,109

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1660–1783 1734 5 77.00–83.00 $80.70 $1,399
1470–2355 1844 10 85.00–90.50 $87.86 $1,620
1870–2515 2169 7 91.00–94.00 $91.97 $1,995

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
770 thin fleshed 770 (<2 yrs)Open 1 85.00 $85.00 $654
920–1075 thin fleshed 1023 Young (2-4 yrs)Open 3 55.00–58.00 $57.10 $584
925–1170 1030 (<2 yrs)Open 46 90.00–109.00 $95.66 $985
818–1385 1060 Young (2-4 yrs)Open 194 61.00–104.75 $85.58 $907
1251 1251 Young/Middle Aged (2-8 yrs)Open 18 65.00 $65.00 $813

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1144–1338 1209 Young (2-4 yrs)3rd Stage (7-9 mo) 231 1,350.00–1,675.00 $1,545.75
1221–1248 1243 Young/Middle Aged (2-8 yrs)2nd/3rd Stage (4-9 mo) 27 1,200.00–1,385.00 $1,351.35
1128–1300 thin fleshed 1247 Aged (>8 yrs)3rd Stage (7-9 mo) 34 700.00–835.00 $797.22
1155–1470 thin fleshed 1251 Young (2-4 yrs)3rd Stage (7-9 mo) 23 1,275.00–1,300.00 $1,291.06
1263–1381 1298 Aged (>8 yrs)3rd Stage (7-9 mo) 112 860.00–1,025.00 $917.79
1145–1508 1313 Middle Aged (5-8 yrs)3rd Stage (7-9 mo) 71 1,300.00–1,575.00 $1,458.48
1192–1430 1318 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 16 1,350.00–1,425.00 $1,392.40
1238–1470 1335 Middle Aged/Aged (>5 yrs)3rd Stage (7-9 mo) 110 1,025.00–1,350.00 $1,212.25
1343 thin fleshed 1343 Middle Aged/Aged (>5 yrs)2nd/3rd Stage (4-9 mo) 5 775.00 $775.00
1346 thin fleshed 1346 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 6 735.00 $735.00
1330–1364 1353 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 81 985.00–1,060.00 $1,031.61
1281–1515 1354 Middle Aged/Aged (>5 yrs)2nd/3rd Stage (4-9 mo) 31 910.00–1,075.00 $989.18
1364–1458 fancy 1394 Aged (>8 yrs)3rd Stage (7-9 mo) 100 1,350.00 $1,350.00
1398 1398 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 3 1,350.00 $1,350.00
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1110–1351 1297 Aged (>8 yrs)1st/2nd Stage (1-6 mo) 9 56.50–59.50 $57.07 $740
1763 1763 Aged (>8 yrs)3rd Stage (7-9 mo) 11 59.50 $59.50 $1,049
Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1572 1572 Middle Aged/Aged (>5 yrs)3rd Stage (7-9 mo) 3 1,275.00 $1,275.00

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
874 thin fleshed 874 (<2 yrs)3rd Stage (7-9 mo) 76 1,260.00–1,300.00 $1,288.95
923–1105 1045 (<2 yrs)3rd Stage (7-9 mo) 182 1,335.00–1,600.00 $1,466.63
Medium 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
857 857 (<2 yrs)3rd Stage (7-9 mo) 12 1,185.00 $1,185.00

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1295 1295 Young/Middle Aged (2-8 yrs)Open 6 1,700.00 $1,700.00

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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.