Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, August 25, 2021

3,581 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 $152.53/cwt +1.90 vs last sale · ≈ $1,132/hd at 742 lb · 138 head
heavy 7-weight M&L 1 heifers $151.22/cwt +3.56 vs last sale · ≈ $1,175/hd at 777 lb · 128 head
heavy 8-weight M&L 1 heifers $144.29/cwt +0.26 vs last sale · ≈ $1,252/hd at 868 lb · 102 head
HeadThis saleLast saleLast year
Total receipts 3,581 2,546 1,817
Feeder cattle 1,752 1,079 1,470
Slaughter cattle 1,259 1,100 235
Replacement cattle 570 367 112

Compared to last sale (8-11-21): Yearling steers were too lightly tested last sale to develop an accurate market trend, however higher undertones were noticed on steers less than 850 lbs and lower undertones were noticed on steers over 850 lbs. Steer calves sold mostly 10.00-12.00 higher in a narrow comparison. Yearling heifers 700-799 lbs sold 2.00-5.00 higher, heifers 800-950 lbs sold fully steady, heifers over 950 lbs sold mostly 1.00-3.00 higher. Heifer calves under 350 lbs were too lightly tested to develop an accurate market trend, however higher undertones were noticed; 350-499 lbs heifers sold steady to 5.00 higher; heifer calves over 500 lbs not well compared. Demand for calves was mostly moderate, while demand for yearlings was light to moderate. Quality this sale was mixed from plain to attractive. Many small packages of both calves and feeders were seen this sale forcing buyers to piece together loads. Market activity was slow to moderate. Weigh up cows sold on moderate demand for heavy offerings. Cows continue to sell three ways as buyers purchase them to feed, slaughter, and to return to the country to preg test. Demand from slaughter cow buyers was mixed this week, as buyers purchased cows that were mostly not suitable to feed. Fleshy breaking cows were lightly tested this this week, but these cows sold with very good demand as packers show need for these offerings to blend down the glut of lean product hitting the market. Breaking cows sold mostly 2.00-4.00 higher, boning cows sold generally steady and lean cows sold mostly 2.00-3.00 lower. Feeding cows sold steady to 2.00 higher. Cow quality this week was plain to average. Cow yields are moving lower as many cows are in poor body condition coming off range and pasture after this summers drought. Slaughter bulls sold fully steady as several packer buyers aggressively bid on bulls this week. Bulls continue to offer buyers seasonably low yields . Weigh up conditions were mostly average to below average this sale. Replacement type cows sold generally steady. Demand for these offerings was moderate to good with several buyers searching for these offerings 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
203–245 unweaned 217 3 225.00–240.00 $230.65 $501
285 unweaned 285 1 220.00 $220.00 $627 +12.81
300–349 unweaned 341 26 205.00–221.00 $210.93 $719 +4.06
351–392 unweaned 369 25 197.50–210.00 $203.94 $753 +14.41
401–435 unweaned 426 31 181.00–203.00 $190.83 $813 +10.69
462 unweaned 462 29 183.50 $183.50 $848 +13.99
563–580 unweaned 566 5 160.00–161.00 $160.80 $910
620–627 unweaned 625 4 155.00–167.50 $164.40 $1,028 +8.40
698 698 5 174.50 $174.50 $1,218
716–747 732 10 167.00–172.00 $169.45 $1,240
763–783 776 30 162.00–169.00 $164.41 $1,276 +7.94
833–842 836 9 158.50–165.50 $163.15 $1,364 +9.45
854 854 6 151.00 $151.00 $1,290 -5.00
879–899 889 22 154.00–157.00 $155.26 $1,380 -0.74
900–945 926 53 145.00–155.50 $151.41 $1,402 +4.91
962–989 972 11 140.00–140.50 $140.31 $1,364 -7.22
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1000–1049 1033 27 137.00–143.00 $139.50 $1,441
1115 1115 6 132.00 $132.00 $1,472
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
254 unweaned 254 4 177.50 $177.50 $451
476 unweaned 476 7 145.00 $145.00 $690
713–745 735 8 151.00–162.00 $157.61 $1,158 +4.11
815–835 823 5 147.00–150.00 $148.22 $1,220
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
681 681 16 165.50 $165.50 $1,127 +2.40
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
554–568 562 10 159.00–163.00 $160.58 $902
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
921 921 9 137.00 $137.00 $1,262

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
270–292 unweaned 291 15 182.50–187.00 $186.72 $543 +10.72
329 unweaned 329 5 180.00 $180.00 $592 +9.47
355–395 unweaned 375 26 166.00–173.00 $169.97 $637 +1.15
407–445 unweaned 419 38 164.00–173.00 $170.62 $715 +8.33
455–468 unweaned 465 13 155.00–165.00 $161.64 $752 +1.63
510–539 unweaned 533 9 150.00–154.00 $150.85 $804
566–570 unweaned 567 32 150.00–155.50 $154.29 $875 -4.71
611–627 613 32 146.75–154.00 $147.45 $904
663–697 676 8 151.00–153.00 $151.77 $1,026
709 709 4 144.00 $144.00 $1,021 -6.63
725–749 743 134 148.00–156.00 $152.78 $1,135 +2.15
754–797 776 118 147.00–153.50 $151.67 $1,177 +4.01
758–798 790 10 145.50–146.00 $145.90 $1,153 -1.76
806–847 818 76 144.00–147.50 $145.92 $1,194 -12.33
815–829 823 14 140.00–143.00 $141.27 $1,163 -4.66
852–898 868 102 142.50–146.75 $144.29 $1,252 +0.26
916 fancy 916 23 144.25 $144.25 $1,321
900–941 929 23 139.00–141.50 $140.38 $1,304 +1.42
953–980 971 33 133.50–140.50 $135.27 $1,313 +4.22
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
309 unweaned 309 5 157.50 $157.50 $487
612–633 623 6 150.00–151.00 $150.51 $938
677–694 682 26 147.00–155.50 $151.70 $1,035 +5.70
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
374 unweaned 374 9 164.00 $164.00 $613 ±0.00
683 683 6 150.00 $150.00 $1,024
750–775 763 4 143.00–145.00 $144.02 $1,099
805 805 13 130.00 $130.00 $1,046 -12.00
895 895 1 139.50 $139.50 $1,249 +9.50
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
542 542 12 149.00 $149.00 $808
630 630 3 145.00 $145.00 $914
693 693 11 143.00 $143.00 $991
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1003–1023 1011 19 133.00–136.50 $134.21 $1,357 +2.71
1063–1083 1075 6 128.00–131.50 $129.67 $1,394 +1.64

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
358 unweaned 358 2 210.00 $210.00 $752
450 unweaned 450 20 164.00 $164.00 $738
501 unweaned 501 11 157.00 $157.00 $787
585 unweaned 585 3 149.00 $149.00 $872
686 unweaned 686 7 144.00 $144.00 $988
815 815 3 134.00 $134.00 $1,092
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
695 695 30 143.50 $143.50 $997
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1105–1130 1124 4 117.00–120.00 $117.74 $1,323 +9.74

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Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
965 965 85-90% 1 51.00 $51.00 $492
1070–1275 1173 85-90% 2 58.50–62.00 $60.40 $708 +2.05
1040–1383 1176 85-90% 82 50.50–58.00 $53.95 $634 -4.40
1079–1319 1196 85-90% 237 50.00–56.50 $54.99 $658 -1.94
1240 1240 85-90% 1 67.00 $67.00 $831 +6.59
1231–1252 1247 85-90% 45 59.50–63.50 $60.48 $754 -3.28
1265 1265 85-90% 1 41.00 $41.00 $519
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1348–1565 1398 80-85% 29 70.00–78.00 $72.71 $1,016 +14.65
1308–1660 1402 80-85% 25 55.00–62.00 $55.70 $781 -6.11
1301–1581 1421 80-85% 60 62.00–69.25 $65.28 $928 +3.47
1347–1668 1461 80-85% 28 53.50–59.00 $57.30 $837 -6.96
1466 1466 80-85% 4 67.00 $67.00 $982 +2.74
1340–1635 1497 80-85% 10 60.00–64.00 $61.99 $928
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1545–1569 1566 75-80% 9 68.50–73.00 $68.99 $1,080
1518–1880 1624 75-80% 7 74.00–78.50 $77.20 $1,254 +4.19
1583–1685 1629 75-80% 5 79.00–80.00 $79.79 $1,300 +1.76
1590–1990 1782 75-80% 8 79.00–83.00 $81.24 $1,448

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1315–1690 1532 18 73.00–81.00 $78.48 $1,202 -2.52
1475–2010 1690 17 65.00–81.00 $76.25 $1,289
1275–1823 1705 19 82.00–90.00 $85.88 $1,464
1743–2250 1896 26 83.00–89.00 $86.00 $1,631
1800–2365 2151 12 91.00–98.00 $94.72 $2,037

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
826–1272 1031 (<2 yrs)Open 61 73.00–95.00 $81.29 $838
940–1330 1143 Young (2-4 yrs)Open 8 68.00–77.00 $73.95 $845
1414 1414 Middle Aged (5-8 yrs)Open 5 54.00 $54.00 $764

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1038–1134 thin fleshed 1089 Aged (>8 yrs)1st Stage (1-3 mo) 34 54.00–54.50 $54.28 $591
1178–1438 1207 Middle Aged/Aged (>5 yrs)1st Stage (1-3 mo) 72 57.00–58.25 $58.08 $701
1190–1275 1233 Aged (>8 yrs)1st Stage (1-3 mo) 8 56.50–57.00 $56.76 $700
1184–1356 1308 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 52 56.50–65.00 $61.25 $801
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1026–1265 1086 Young (2-4 yrs)1st Stage (1-3 mo) 12 1,000.00–1,025.00 $1,017.72
1282 1282 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 81 1,025.00 $1,025.00
Small 2-3 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
768–778 773 Young/Middle Aged (2-8 yrs)1st Stage (1-3 mo) 40 39.50–44.00 $41.65 $322

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
879–949 919 (<2 yrs)1st Stage (1-3 mo) 50 1,210.00–1,275.00 $1,251.70

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1275–1402 1334 Young (2-4 yrs)1st Stage (1-3 mo) 26 1,675.00–1,710.00 $1,691.98 +391.98
1410–1655 1513 Young/Middle Aged (2-8 yrs)1st Stage (1-3 mo) 19 1,650.00–1,685.00 $1,666.12 +73.37
1705 1705 Middle Aged/Aged (>5 yrs)1st Stage (1-3 mo) 7 1,510.00 $1,510.00
1761 1761 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 4 1,525.00 $1,525.00

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Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
413 413 10 63.00 $63.00 $260
511–543 530 10 63.50–71.00 $68.11 $361
780–784 784 23 67.00 $67.00 $525
963 963 6 74.50 $74.50 $717

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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.