Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report, Billings, MT

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, October 20, 2021

3,437 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 steers $149.40/cwt ≈ $850/hd at 569 lb · 59 head
heavy 8-weight M&L 1 heifers $137.86/cwt ≈ $1,204/hd at 873 lb · 50 head
light 5-weight M&L 1 heifers $137.93/cwt ≈ $714/hd at 518 lb · 42 head
HeadThis saleLast saleLast year
Total receipts 3,437 2,532 1,912
Feeder cattle 863 201 860
Slaughter cattle 1,804 1,027 635
Replacement cattle 770 1,304 417

Compared to last week: Feeder cattle were not well compared as last weeks sale focused mostly on weigh ups and bred cows. Feeder cattle today were of mostly plain quality. Most cattle were offered in very small packages or as singles. A lot of cut back calves off summer videos were seen this week. Not many buyers were on hand this sale as trucks remain very tight. Weigh up cows sold on moderate demand for heavy offerings. An additional packer buyers was on hand this sale and buyers showed stronger demand as they competed over market share. The cutter cow cutout remains seasonally high as demand for ground beef is especially good. The cutter cow cutout was 230.21 as of todays close, 1.61 lower than yesterday. Packers were especially aggressive in buying feeding cows this week pushing them back to price levels seen two weeks ago before prices turned lower. Heavy supplies continue to be seen and packers continue to work through large supplies as cows and bull harvest has been running around 24,000-27,000 head per day nationally. Slaughter cows sold 1.00-3.00 higher on breaking cows, boning cows sold 2.00-4.00 higher, lean cows sold steady to 3.00 higher. Feeding cows sold mostly 2.00-6.00 higher. Cow quality this week was very attractive with many high quality cows selling off reputation ranches. Weigh up conditions were mostly average to below average this week. Weigh conditions overall were more favorable to buyers and buyers bid more aggressively on high quality cows. Cows were mixed for flesh this week, however boning flesh cows continue to sell with the best demand as packers plan on feeding these cows to premium white. Thin feeding cow buyers were active this week to as buyers searched for cows to turn out on corn stalks in the corn belt or hold until the holidays. Buyers looking for ranch tested bred or cows they could test sold on good demand. These buyers were competitive with both packer buyers and other feeding buyers. Slaughter bulls sold steady to firm in a narrow comparison. Young age cows sold mostly 5.00-7.00 lower. Most of these offerings are being purchased for southern fall breeding programs.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
276 unweaned 276 13 191.00 $191.00 $527 —
373 unweaned 373 9 201.00 $201.00 $750 —
400 unweaned 400 1 190.00 $190.00 $760 —
467 467 3 181.00 $181.00 $845 —
527–547 unweaned 530 20 155.00–156.00 $155.30 $823 —
557–574 unweaned 569 59 141.00–150.00 $149.40 $850 —
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
491 unweaned 491 21 148.00 $148.00 $727 —
574–583 unweaned 575 13 127.00–130.00 $127.47 $733 —
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
393 unweaned 393 14 182.00 $182.00 $715 —
483–487 unweaned 484 17 162.00–165.00 $162.53 $787 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
396 unweaned 396 4 175.00 $175.00 $693 —
409 unweaned 409 9 152.00 $152.00 $622 —
591 unweaned 591 4 142.00 $142.00 $839 —
681 unweaned 681 4 127.00 $127.00 $865 —
Medium 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
384 384 8 162.00 $162.00 $622 —
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
411 unweaned 411 5 152.50 $152.50 $627 —

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
338 unweaned 338 5 180.00 $180.00 $608 —
364 unweaned 364 9 171.00 $171.00 $622 —
438 unweaned 438 15 165.50 $165.50 $725 —
489 unweaned 489 6 144.50 $144.50 $707 —
500–544 unweaned 518 42 125.00–143.00 $137.93 $714 —
550–573 unweaned 560 16 123.00–135.00 $129.63 $726 —
850–878 873 50 131.00–138.00 $137.86 $1,204 —
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
420–445 unweaned 436 27 140.00–152.00 $147.72 $644 —
461 unweaned 461 4 139.00 $139.00 $641 —
559 unweaned 559 5 126.00 $126.00 $704 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
448 unweaned 448 3 146.00 $146.00 $654 —
468–483 unweaned 477 5 139.00–142.00 $140.82 $672 —
536–539 unweaned 538 10 127.00–130.00 $128.80 $693 —
751 751 5 133.00 $133.00 $999 —
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
501 unweaned 501 7 125.00 $125.00 $626 —
1010–1034 1030 6 127.50–128.00 $127.92 $1,318 -0.88
Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
392 unweaned 392 8 140.00 $140.00 $549 —
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
421 unweaned 421 6 136.00 $136.00 $573 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
448 unweaned 448 6 130.00 $130.00 $582 —

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
366 366 5 170.00 $170.00 $622 —
421 421 21 151.00 $151.00 $636 —
550–579 unweaned 567 12 129.00–132.00 $130.79 $742 —
636 unweaned 636 4 130.00 $130.00 $827 —
678 unweaned 678 5 116.00 $116.00 $786 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
505–547 unweaned 530 5 123.00–126.00 $124.14 $658 —
563 unweaned 563 2 122.00 $122.00 $687 —

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Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
840 840 85-90% 1 34.00 $34.00 $286 —
995 995 85-90% 1 45.00 $45.00 $448 —
1107–1188 1125 85-90% 19 36.50–38.00 $36.90 $415 +4.58
1060–1258 1172 85-90% 16 31.00–36.00 $32.93 $386 -1.18
1035–1421 1199 85-90% 102 38.00–46.50 $42.81 $513 —
1000–1388 1228 85-90% 242 47.00–55.00 $49.86 $612 -1.62
1230 1230 85-90% 1 57.50 $57.50 $707 +6.02
1195–1340 1233 85-90% 40 58.00–65.50 $62.61 $772 +11.13
1000–1345 1237 85-90% 63 38.00–46.00 $42.69 $528 -8.79
1208–1373 1270 85-90% 20 46.50–55.00 $51.09 $649 +10.52
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1312–1623 1385 80-85% 188 55.00–64.50 $61.94 $858 —
1348–1610 1390 80-85% 78 44.00–54.00 $49.60 $689 —
1305–1625 1436 80-85% 28 43.00–53.00 $47.42 $681 +3.07
1225–1730 1457 80-85% 45 66.00–72.00 $68.41 $997 +4.06
1378–1650 1489 80-85% 9 53.00–57.00 $54.33 $809 +4.22
1586 1586 80-85% 13 60.00 $60.00 $952 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1558–1630 1582 75-80% 3 68.00–69.00 $68.66 $1,086 —
1555–1610 1588 75-80% 9 66.00–68.50 $67.60 $1,073 —
1560–1830 1690 75-80% 6 51.50–65.00 $59.31 $1,002 —
1690 1690 75-80% 1 61.00 $61.00 $1,031 —
1550–1878 1750 75-80% 4 74.00–79.25 $76.37 $1,336 —

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1645–1788 1717 4 78.00–83.00 $80.60 $1,384 —
1610–1768 1726 10 73.00–76.50 $74.11 $1,279 —
1710–1940 1839 9 80.00–86.00 $83.23 $1,531 —
1605–2060 1929 19 62.00–75.00 $70.72 $1,364 —
2040 2040 1 92.00 $92.00 $1,877 —

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
698–1138 931 (<2 yrs)Open 234 73.00–109.00 $93.33 $869
945–995 962 Young/Middle Aged (2-8 yrs)Open 3 52.00–55.00 $53.97 $519
997 thin fleshed 997 Young (2-4 yrs)Open 6 48.00 $48.00 $479
940–1305 1067 Young (2-4 yrs)Open 40 59.00–83.00 $72.57 $774
1040–1219 thin fleshed 1166 Young/Middle Aged (2-8 yrs)Open 9 44.00–48.00 $44.72 $521
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1297 1297 Aged (>8 yrs)Open 12 775.00 $775.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
795–1235 1015 (<2 yrs)Open 2 71.00–82.00 $75.31 $764

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1029–1179 1104 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 8 1,175.00–1,200.00 $1,188.35
1118 1118 Young (2-4 yrs)2nd Stage (4-6 mo) 16 1,200.00 $1,200.00
1118 1118 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 2 900.00 $900.00
1190 1190 Young (2-4 yrs)1st Stage (1-3 mo) 20 1,050.00 $1,050.00
1189–1388 1305 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 41 1,100.00–1,150.00 $1,139.07
1170–1372 1329 Middle Aged/Aged (>5 yrs)1st/2nd Stage (1-6 mo) 41 885.00–910.00 $902.82
1324–1375 1343 Aged (>8 yrs)1st/2nd Stage (1-6 mo) 41 750.00 $750.00
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1328 1328 Aged (>8 yrs)1st Stage (1-3 mo) 11 48.00 $48.00 $637
1348–1373 1366 Middle Aged/Aged (>5 yrs)1st/2nd Stage (1-6 mo) 7 48.00–51.00 $50.15 $685

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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.