Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, March 10, 2021

624 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 heifers $146.37/cwt ≈ $837/hd at 572 lb · 30 head
light 4-weight M&L 1 steers $190.50/cwt -2.50 vs last sale · ≈ $777/hd at 408 lb · 25 head
light 8-weight M&L 1 bulls $117.95/cwt ≈ $994/hd at 843 lb · 21 head
HeadThis saleLast saleLast year
Total receipts 624 2,377 663
Feeder cattle 299 85 405
Slaughter cattle 224 547 105
Replacement cattle 101 1,745 153

Compared to last week: Feeder cattle were too lightly tested both this week and last to develop any market trend. Demand was light to moderate for light offerings. Demand for all feeder feed cattle was lighter this week. CME positions continue to struggle on nearby months. Lower contract prices coupled with limited offerings led to lighter demand and lower prices. Quality this week was mostly plain to average. Market activity was slow to moderate. Weigh up cow sold on moderate to good demand for light offerings. Feeding buyers were the driving force this week pushing cows mostly above where packers were willing to even buy feeding cows. Feeding cows sold mostly 1.00-2.00 higher. Weigh up conditions were average to below average this week and significantly poorer than last week. Some feeding buyers were searching for cows that could be bred within the weigh up cow offering. This created uneven demand at times. Slaughter cows sold steady to firm. Slaughter bulls sold fully steady. Two year old to young age cows sold generally steady in a narrow comparison.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
408 408 25 190.50 $190.50 $777 -2.50
551–552 552 16 165.50–167.00 $165.97 $916 +6.47
806 806 7 127.50 $127.50 $1,028
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
372 372 3 187.50 $187.50 $698
463 463 2 179.00 $179.00 $829
606–620 612 13 143.00–149.00 $144.83 $886
678 678 6 138.50 $138.50 $939
774 774 12 127.50 $127.50 $987

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
454–483 471 17 159.50–160.00 $159.70 $752
528 528 9 156.50 $156.50 $826
562–590 572 30 145.00–152.00 $146.37 $837
610–637 626 9 132.00–141.50 $134.50 $842
672 672 21 130.00 $130.00 $874 -4.00
713 713 5 124.00 $124.00 $884
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
528 528 2 142.00 $142.00 $750
557–567 565 8 142.00–143.50 $142.37 $804 +1.37
695 695 2 123.00 $123.00 $855

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
480 480 1 172.50 $172.50 $828
700 700 2 124.00 $124.00 $868
810–848 843 21 117.00–118.00 $117.95 $994
897 897 10 117.00 $117.00 $1,049
949 949 4 118.00 $118.00 $1,120
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1020 1020 1 112.00 $112.00 $1,142
1060 fancy 1060 1 112.00 $112.00 $1,187

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Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
915 915 85-90% 1 57.50 $57.50 $526
995 995 85-90% 1 54.00 $54.00 $537
940–1180 1060 85-90% 2 45.00–46.00 $45.44 $482
935–1255 1112 85-90% 60 53.00–57.00 $55.21 $614
1155 1155 85-90% 1 70.00 $70.00 $808 +23.27
1030–1303 1201 85-90% 7 53.00–57.00 $56.23 $675 -3.66
1150–1294 1249 85-90% 11 57.50–60.50 $58.55 $731 -4.54
1060–1325 1265 85-90% 17 58.00–64.00 $61.23 $775 -3.77
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1330 1330 80-85% 1 68.00 $68.00 $904
1255–1640 1345 80-85% 9 55.00–61.00 $58.90 $792
1365 1365 80-85% 1 66.00 $66.00 $901 -0.89
1380–1395 1388 80-85% 2 59.00–63.00 $60.99 $847 +5.28
1390–1430 1407 80-85% 4 51.00–59.00 $56.23 $791 +13.23
1295–1583 1449 80-85% 31 61.00–66.00 $63.52 $920
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1525–1715 1620 75-80% 2 52.00–56.00 $54.12 $877
1440–1715 1642 75-80% 5 58.00–62.00 $59.32 $974
1545–1760 1682 75-80% 5 62.00–65.00 $63.80 $1,073 -2.46

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1625–2150 1864 12 74.50–83.50 $78.54 $1,464
1635–2225 1934 7 84.00–90.50 $86.14 $1,666
1775–2465 2030 5 91.50–93.00 $92.35 $1,875

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
850–1285 982 (<2 yrs)Open 15 85.00–113.50 $99.74 $979
855–1363 1080 Young (2-4 yrs)Open 47 58.00–90.00 $73.16 $790
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1025 1025 Young (2-4 yrs)Open 1 68.00 $68.00 $697

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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.