Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, March 17, 2021

676 head sold ·Official USDA report

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

light 4-weight M&L 1-2 heifers $157.60/cwt ≈ $673/hd at 427 lb · 30 head
heavy 5-weight M&L 1 steers $173.75/cwt +7.78 vs last sale · ≈ $1,009/hd at 581 lb · 25 head
light 6-weight M&L 1 heifers $147.00/cwt +12.50 vs last sale · ≈ $889/hd at 605 lb · 23 head
HeadThis saleLast saleLast year
Total receipts 676 624 282
Feeder cattle 304 299 135
Slaughter cattle 252 224 112
Replacement cattle 120 101 35

Compared to last week: Feeder cattle were too lightly tested both this week and last to develop an accurate market trend, however steers under 550 lbs sold with lower undertones and steers over 550 lbs sold with higher undertones. All weights of heifers sold with higher undertones. Demand was moderate to good for light offerings. Rain and snow fell across much of the center portions of the country breathing new life into grass cattle demand. Most offerings under 700 lbs for steers and under 650 lbs for heifers were competitively bid on for grass programs. Canadian buyers were also competitive with grass cattle buyers over offerings. Market activity was mostly active today. Weigh up cows sold on mostly moderate to good demand for light offerings. Packers were the driving force in the market this week as they showed need for cows for immediate harvest. Slaughter cows sold steady to 2.00 higher. Feeding cows sold steady to weak on a lower quality offering. Packers opted to send a large portion of the cow offering to slaughter this week. Slaughter bulls sold 2.00-4.00 lower in a narrow comparison. Young age cows suitable to feed or rebreed sold steady to 5.00 lower in a narrow comparison. Quality was mostly average this week.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
430 430 3 189.00 $189.00 $813 -1.50
451–495 471 9 177.00–180.00 $178.60 $841
501 501 8 176.00 $176.00 $882
550–598 581 25 170.00–181.00 $173.75 $1,009 +7.78
651–680 664 13 149.00–160.00 $156.01 $1,036
913–945 921 4 125.00–128.00 $127.23 $1,172
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
467 467 11 169.50 $169.50 $792 -9.50
505–529 526 9 156.00–162.50 $156.69 $824
559 559 4 154.00 $154.00 $861
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
475 475 5 145.00 $145.00 $689

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
445 445 9 164.50 $164.50 $732
470 470 8 162.00 $162.00 $761 +2.30
533–535 533 11 154.00–158.00 $157.27 $838 +0.77
574 574 15 156.50 $156.50 $898 +10.13
600–630 605 23 144.50–149.75 $147.00 $889 +12.50
670 670 12 139.75 $139.75 $936 +9.75
707 707 3 135.50 $135.50 $958 +11.50
758–774 763 19 133.00–134.00 $133.68 $1,020
820 820 2 124.00 $124.00 $1,017
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
403–434 427 30 152.50–165.50 $157.60 $673
530 530 3 147.00 $147.00 $779 +5.00
565–568 567 4 135.00–147.00 $141.02 $800 -1.35
677 677 3 129.00 $129.00 $873 +6.00
727 727 3 124.00 $124.00 $901
798 798 3 123.00 $123.00 $982
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
380 380 4 142.50 $142.50 $542

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
902 902 11 123.00 $123.00 $1,109
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1095 1095 1 105.00 $105.00 $1,150

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Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
943 943 85-90% 2 44.50 $44.50 $420 -13.00
895–987 962 85-90% 9 53.00–55.00 $54.45 $524 +0.45
945–980 963 85-90% 2 56.00–57.00 $56.51 $544 +2.51
1105 1105 85-90% 1 47.00 $47.00 $519 -8.21
1120 1120 85-90% 1 65.00 $65.00 $728 +9.79
1063–1381 1184 85-90% 34 55.00–58.50 $56.40 $668 -13.60
1030–1434 1191 85-90% 32 58.00–64.00 $60.56 $721
1095–1325 1199 85-90% 52 59.00–63.00 $62.06 $744
1230 1230 85-90% 1 48.00 $48.00 $590 -10.55
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1060–1445 1307 80-85% 5 58.00–60.50 $59.34 $776 -8.66
1340 1340 80-85% 1 66.00 $66.00 $884 +7.10
1298–1598 1379 80-85% 32 61.50–65.00 $62.44 $861 +1.45
1338–1440 1406 80-85% 6 57.00–60.00 $59.05 $830 +2.82
1300–1680 1421 80-85% 20 61.00–65.50 $63.44 $901 +7.21
1553 1553 80-85% 2 72.00 $72.00 $1,118
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1560 1560 75-80% 1 60.00 $60.00 $936
1538–1705 1578 75-80% 11 60.50–61.50 $60.91 $961
1515–1740 1628 75-80% 4 57.75–60.00 $58.80 $957 +4.68
1685 1685 75-80% 1 63.00 $63.00 $1,062 -0.80

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1304 1304 5 77.50 $77.50 $1,011
1455–1914 1792 11 75.00–80.50 $76.70 $1,374
1700–2095 1885 3 82.00 $82.00 $1,546 +3.46
2485 2485 1 87.00 $87.00 $2,162

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
833–1010 thin fleshed 877 Young (2-4 yrs)Open 4 58.00–64.00 $62.27 $546
843–1335 1023 (<2 yrs)Open 45 80.50–106.50 $94.36 $965
839–1315 1074 Young (2-4 yrs)Open 41 61.00–89.00 $70.74 $760
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1185 1185 (<2 yrs)Open 1 71.00 $71.00 $841

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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.