Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, November 3, 2021

3,302 head sold ·Official USDA report

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

heavy 8-weight M&L 1 heifers $142.67/cwt +11.67 vs last sale · ≈ $1,213/hd at 850 lb · 30 head
HeadThis saleLast saleLast year
Total receipts 3,302 2,730 3,651
Feeder cattle 458 477 989
Slaughter cattle 1,906 1,614 1,617
Replacement cattle 938 639 1,045

Compared to last week: Yearling feeder cattle were too lightly tested to develop an accurate market trend, however higher undertones were noticed. Feeder calves were not well tested. Demand for yearlings was mostly good on light offerings. Market activity was mostly moderate. Weigh up cows sold on mostly moderate demand for heavy offerings. Over 2,500 head of cows sold in todays offering. The majority of the cow offering sold as feeding cows this week. Demand for boning flesh cows and young cows was very good as both packers and feeding buyers purchased these cows to feed to premium white. Feeding cows sold 1.00-4.00 higher on these type offerings. Packer buyers opted to only purchase extremely lame or cows with major blemishes to send to slaughter. Both packers and feeding buyers purchased cows with slight blemishes to feed until the market improves. A heavy offering of thin cows was seen this sale. Thin feeding cows sold steady to 2.00 higher. Cow quality this week was average to attractive. Feeding buyers continue to be active in purchasing very thin cows. These offerings offer lots of compensatory gain. Slaughter bulls sold generally steady in a narrow comparison. Competition with feeding buyers helped keep offerings steady. Young age cows sold mostly steady to weak. Many long strings of open 2-4 year old cows were seen this week. Breed up conditions this summer were mostly below average due to poor water quality and limited forage due to the drought. 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
819 819 7 143.00 $143.00 $1,171
850 850 30 142.50–145.00 $142.67 $1,213 +11.67
910–920 915 4 137.50–139.00 $137.88 $1,262
964–990 971 6 132.00–137.00 $134.50 $1,306 +6.25
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1098 1098 3 124.50 $124.50 $1,367
1173 1173 9 116.00 $116.00 $1,361
1191 1191 4 120.00 $120.00 $1,429
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
760 760 4 145.00 $145.00 $1,102

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Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
870–965 928 85-90% 8 38.00–43.00 $41.47 $385 +13.32
920–995 958 85-90% 2 44.00–47.50 $45.68 $438
875–998 982 85-90% 42 30.00–33.00 $32.15 $316
986–1338 1097 85-90% 120 41.00–48.00 $45.82 $503
1035–1240 1114 85-90% 72 33.00–40.00 $39.19 $437 +4.70
1003–1380 1148 85-90% 45 25.00–36.50 $32.30 $371 -2.23
955–1370 1151 85-90% 66 36.00–45.50 $40.01 $461 -3.99
1053–1206 1155 85-90% 6 46.00 $46.00 $531 +2.00
1070–1403 1212 85-90% 456 47.00–55.50 $49.77 $603 +0.25
1020–1288 1226 85-90% 70 57.00–62.00 $58.19 $713 -4.31
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1264–1785 1402 80-85% 99 56.00–63.00 $59.51 $834 +1.22
1280–1605 1403 80-85% 72 42.00–57.50 $51.33 $720 -6.96
1318–1625 1435 80-85% 36 41.00–49.50 $45.01 $646 -0.79
1358–1745 1450 80-85% 84 64.50–68.50 $67.38 $977
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1550–1555 1553 75-80% 2 65.00–69.00 $67.00 $1,041 +14.00
1555–1735 1585 75-80% 6 66.00–66.50 $66.41 $1,053 +13.41
1755–1785 1770 75-80% 2 62.00 $62.00 $1,097

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1200–1600 1444 10 71.00–75.00 $74.22 $1,072
1228–1680 1604 18 79.00–84.50 $80.31 $1,288
1415–2080 1789 12 67.00–76.00 $72.13 $1,290
1845 1845 1 89.00 $89.00 $1,642
1650–2240 1911 17 79.50–86.00 $83.65 $1,599 +0.11
2090 2090 1 89.00 $89.00 $1,860

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
755–1310 946 (<2 yrs)Open 326 66.00–111.00 $96.89 $917
957 thin fleshed 957 Young (2-4 yrs)Open 5 45.00 $45.00 $431
860–1473 1063 Young (2-4 yrs)Open 193 46.00–88.00 $72.08 $766
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
800–863 829 (<2 yrs)Open 11 75.00–79.00 $77.30 $641
910–1043 999 Young (2-4 yrs)Open 6 46.00–66.00 $52.07 $520
Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
795 795 (<2 yrs)Open 2 60.00 $60.00 $477

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1008–1178 1071 Young (2-4 yrs)1st Stage (1-3 mo) 19 1,000.00–1,035.00 $1,014.19
1130–1247 1208 Young (2-4 yrs)2nd Stage (4-6 mo) 9 1,100.00 $1,100.00
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1325 1325 Aged (>8 yrs)2nd Stage (4-6 mo) 7 51.00 $51.00 $676
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1148 1148 Young (2-4 yrs)2nd Stage (4-6 mo) 2 1,050.00 $1,050.00

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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.