Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, October 27, 2021

2,730 head sold ·Official USDA report

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

heavy 4-weight M&L 1 heifers $143.83/cwt -0.67 vs last sale · ≈ $699/hd at 486 lb · 41 head
light 7-weight M&L 1 heifers $146.00/cwt ≈ $1,045/hd at 716 lb · 24 head
light 3-weight M&L 1-2 heifers $149.35/cwt ≈ $500/hd at 335 lb · 22 head
HeadThis saleLast saleLast year
Total receipts 2,730 3,437 1,272
Feeder cattle 477 863 203
Slaughter cattle 1,614 1,804 834
Replacement cattle 639 770 235

Compared to last week: Feeder cattle were too lightly tested to develop any market trend. Feeder cattle today were of mostly plain to average quality this sale. Most cattle were offered in very small packages or as singles. Trucking remains very tight and most buyers passed on calves, waiting until tomorrow as Billings livestock commission's sale will feature feeder cattle. Light offerings sold on mostly light demand. Market activity was mostly slow to moderate. Weigh up cows sold on moderate demand for heavy offerings. Todays sale was mostly comprised of weigh up and bred cows. The additional packer seen last week was not at the sale this week. Most cows returned to feed again this week. Feeding cows sold steady to 4.00 lower on all classes. Feeding buyers were more active in purchasing very thin cows this week as these offerings offered lots of compensatory gain and could be turned out on corn stalks for cheap gain. With less buying power seen this week packers were able to purchase cows lower as supplies are heavy. Cows were pushing heavy amounts of fill again this week. Many cows tanked up on fresh, clean water when they hit the yards. Slaughter cows sold mostly 1.00-3.00 lower on all classes. Cow quality this week was average to attractive, however quality was not as attractive as last week. Slaughter bulls were too lightly tested to develop an accurate market trend, steady to weak undertones were noticed. Young age cows sold mostly 3.00-4.00 higher. 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
376 unweaned 376 21 190.00 $190.00 $714 -11.00
457 unweaned 457 5 175.00 $175.00 $800
520–548 unweaned 537 10 155.00–158.00 $156.16 $839 +0.86
550–588 unweaned 586 20 154.00–161.00 $160.67 $942 +11.27
613 unweaned 613 6 144.00 $144.00 $883
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
311–343 unweaned 324 22 167.50–180.00 $172.91 $560
355–388 unweaned 372 20 173.00–177.50 $175.15 $652 +0.15
442 unweaned 442 13 149.00 $149.00 $659 -3.00
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
373 373 21 167.50 $167.50 $625

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
414–426 unweaned 422 18 150.00–152.00 $151.35 $639 -14.15
465–491 474 21 141.00–144.50 $143.29 $679
493–499 unweaned 498 20 142.00–145.00 $144.40 $719 -0.10
506–517 unweaned 508 19 140.00–142.00 $141.68 $720 +3.75
575–588 unweaned 584 6 129.50–135.00 $131.31 $767 +1.68
716 716 24 146.00 $146.00 $1,045
771 771 18 144.50 $144.50 $1,114
884 884 5 131.00 $131.00 $1,158 -6.86
957 957 12 128.25 $128.25 $1,227
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
324–341 unweaned 335 22 149.00–150.00 $149.35 $500
363 unweaned 363 10 150.00 $150.00 $544
374 374 9 147.50 $147.50 $552
828 828 4 127.50 $127.50 $1,056
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
361 361 12 141.00 $141.00 $509
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
338 338 8 140.00 $140.00 $473

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
725 unweaned 725 3 120.00–130.00 $123.33 $894

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Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
845–935 900 85-90% 4 22.00–31.00 $28.15 $253
1016–1305 1114 85-90% 14 32.00–38.50 $34.49 $384 -2.41
1010–1400 1123 85-90% 22 31.00–37.00 $34.53 $388 -2.37
1030–1350 1174 85-90% 206 38.00–46.50 $44.00 $517 +11.07
1020–1355 1193 85-90% 53 38.00–45.00 $41.97 $501 -0.84
945–1358 1213 85-90% 182 46.00–55.50 $49.52 $601 -0.34
1230 1230 85-90% 1 62.50 $62.50 $769 +5.00
1050–1475 1272 85-90% 13 46.00–53.00 $48.12 $612 -2.97
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1338–1410 1356 80-85% 4 52.00–57.00 $53.30 $723 -8.64
1345–1520 1372 80-85% 55 64.00–68.50 $64.66 $887 +2.72
1250–1613 1417 80-85% 65 52.00–62.00 $58.29 $826 +10.87
1245–1495 1423 80-85% 22 45.00–52.00 $48.37 $688 +0.95
1343–1540 1443 80-85% 61 42.00–50.00 $45.80 $661 -1.62
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1540–1548 1545 75-80% 3 64.50–66.00 $65.50 $1,012
1386–1685 1546 75-80% 19 63.00–68.00 $65.83 $1,018
1568 1568 75-80% 2 53.00 $53.00 $831 -15.66
1595–1635 1618 75-80% 5 52.00–62.00 $58.24 $942
1667 1667 75-80% 3 71.00 $71.00 $1,184 +11.69
2030 2030 75-80% 1 62.50 $62.50 $1,269

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1623–1765 1680 5 81.00 $81.00 $1,361
1565–1873 1734 4 64.00–73.50 $70.54 $1,223 -3.57
1585–2115 1889 11 62.00–78.00 $72.64 $1,372
1835–2155 1918 9 82.00–85.00 $83.54 $1,602 +12.82
2040 2040 1 89.00 $89.00 $1,816 -3.00

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
781–1255 913 (<2 yrs)Open 160 64.00–113.00 $97.08 $886
880–1195 thin fleshed 983 Young (2-4 yrs)Open 13 41.00–58.00 $48.20 $474
983 thin fleshed 983 Middle Aged (5-8 yrs)Open 2 44.00 $44.00 $433
845–1315 1014 Young (2-4 yrs)Open 129 52.00–93.00 $77.78 $789
895–1140 thin fleshed 1036 Young/Middle Aged (2-8 yrs)Open 12 38.00–45.00 $40.70 $422
1160–1369 1288 Young/Middle Aged (2-8 yrs)Open 37 48.00–54.00 $51.25 $660
1391 1391 Middle Aged (5-8 yrs)Open 4 46.00 $46.00 $640
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
990 thin fleshed 990 Young (2-4 yrs)Open 1 47.00 $47.00 $465

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
997–1194 1063 Young (2-4 yrs)1st Stage (1-3 mo) 35 1,000.00–1,175.00 $1,118.51
1059–1214 1098 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 29 1,025.00–1,200.00 $1,089.67

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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.