Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, April 7, 2021

786 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 heifers $175.87/cwt ≈ $749/hd at 426 lb · 39 head
light 4-weight M&L 1 steers $214.00/cwt +22.00 vs last sale · ≈ $901/hd at 421 lb · 35 head
light 3-weight M&L 1 heifers $180.00/cwt ≈ $598/hd at 332 lb · 23 head
HeadThis saleLast saleLast year
Total receipts 786 835 403
Feeder cattle 298 217 175
Slaughter cattle 374 402 45
Replacement cattle 114 216 183

Compared to last week: Feeder cattle were too lightly tested both this week and last to develop an accurate market trend, however steers and heifers sold with steady undertones. Quality this week was mostly plain to average and lower than last week. Demand was mostly moderate for light offerings. Light supplies limited demand this week as buyers were hesitant on starting loads with such light offerings. CME positions moved higher today as cattle started to trade in the country. CME Feeder cattle futures traded up 1.15 on the April contract to settle at 147.625. The May closed at 152.675, 0.90 higher. Market activity was mostly moderate. Weigh up cows sold on mostly good to very good demand again this week. Packers continue to be very aggressive as they push to obtain the majority of the market share. Slaughter cows sold mostly 2.00-3.00 higher on breaking and boning cows, while lean cows showed the greatest advance selling 3.00-5.00 higher. Feeding buyers showed good demand for cows as well. Feeding cows sold mostly 1.00-3.00 higher. Cow weigh conditions were mixed this sale. Slaughter bulls sold mostly 2.00 higher. Young age cows suitable to feed or rebreed sold generally steady. Demand was good for cows to feed or rebreed again this week. Quality was mostly average to attractive.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
372–385 thin fleshed 374 19 211.00–215.50 $214.77 $803
421 thin fleshed 421 35 214.00 $214.00 $901
465 unweaned 465 2 180.00 $180.00 $837
515–517 517 9 179.00–187.00 $180.77 $935 -1.23
565–587 582 15 166.00–169.00 $168.61 $981 -6.97
748 748 2 140.00 $140.00 $1,047
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
313 313 22 205.00 $205.00 $642
355 355 2 192.50 $192.50 $683

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
332 thin fleshed 332 23 180.00 $180.00 $598
401–429 thin fleshed 426 39 175.75–177.00 $175.87 $749
460 460 9 166.00–168.00 $167.56 $771
517–523 519 5 160.00–167.00 $164.18 $852 +1.62
575–585 580 4 154.00 $154.00 $893 -0.49
607 607 18 150.50 $150.50 $914
685 685 3 139.00 $139.00 $952 -4.57
715 715 3 136.00 $136.00 $972
795–797 797 12 127.50–128.00 $127.54 $1,016 +0.04
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
473 473 4 157.00 $157.00 $743

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Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
805 805 2 120.00 $120.00 $966
1128 1128 8 114.00 $114.00 $1,286 -3.00
1155 1155 3 108.00 $108.00 $1,247 -1.30
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
843 843 3 121.00 $121.00 $1,020

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1365 1365 80-85% 1 73.00 $73.00 $996 +5.28
1375 1375 80-85% 1 72.00 $72.00 $990 +6.03
1315–1530 1418 80-85% 13 61.00–68.50 $65.94 $935 -5.31
1353–1510 1424 80-85% 31 68.00–71.00 $69.61 $991 -1.64
1360–1510 1437 80-85% 14 64.00–67.00 $65.89 $947 +3.06
1350–1568 1441 80-85% 31 68.00–71.00 $69.03 $995 +6.20
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
920–955 938 85-90% 2 57.00–58.00 $57.49 $539
935–1370 1124 85-90% 16 63.00–68.00 $66.04 $742 +4.50
1085–1285 1138 85-90% 5 72.00–75.00 $73.75 $839 +12.21
1030–1320 1147 85-90% 20 68.00–71.00 $68.85 $790 +7.31
1145–1228 1200 85-90% 3 55.00–57.00 $56.36 $676 -4.95
1035–1335 1207 85-90% 18 68.00–71.00 $69.34 $837 +8.03
1245–1250 1248 85-90% 2 71.00–74.00 $72.50 $905 +11.19
1140–1460 1272 85-90% 7 62.50–66.00 $64.65 $822 -1.34
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1480 1480 75-80% 1 66.00 $66.00 $977
1488–1505 1489 75-80% 51 73.00–73.50 $73.04 $1,088
1599–1785 1664 75-80% 8 64.00–68.50 $65.54 $1,091 -2.46
1515–1825 1682 75-80% 10 69.00–72.50 $70.32 $1,183 +2.32
N/N/A ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1380 1380 65-75% 1 71.00 $71.00 $980
1358–1618 1553 65-75% 60 72.00–73.50 $72.51 $1,126

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1170–1255 1213 2 88.50–89.00 $88.74 $1,076 +2.31
1235–1320 1273 3 82.00–86.00 $83.29 $1,060
1288–1758 1569 10 74.00–85.00 $77.72 $1,219
1650–2290 1989 14 86.00–94.00 $90.87 $1,807 +2.01
1765–2360 2141 8 95.00–97.00 $96.34 $2,063
YG2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1825 1825 1 80.00 $80.00 $1,460

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
765 thin fleshed 765 (<2 yrs)Open 1 90.00 $90.00 $688
840–1315 1066 (<2 yrs)Open 82 83.50–111.50 $98.30 $1,048
898–1555 1186 Young (2-4 yrs)Open 12 65.50–95.00 $75.92 $900
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1095 1095 (<2 yrs)Open 2 87.00 $87.00 $953

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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.