Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, January 12, 2022

1,555 head sold ·Official USDA report

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

light 6-weight M&L 1 heifers $144.76/cwt +2.76 vs last sale · ≈ $889/hd at 614 lb · 16 head
heavy 4-weight M&L 1 heifers $168.50/cwt ≈ $839/hd at 498 lb · 15 head
heavy 6-weight M&L 1 bulls $134.92/cwt -0.08 vs last sale · ≈ $938/hd at 695 lb · 12 head
HeadThis saleLast saleLast year
Total receipts 1,555 827 1,306
Feeder cattle 190 202 399
Slaughter cattle 688 419 631
Replacement cattle 677 206 276

Compared to last week: Feeder cattle were all too lightly tested to make any market trend. Quality this week was mostly plain to average. Most calves were offered as singles or small lots. Demand for feeders was mostly light as quality was not as attractive as last week. Market activity was slow to moderate. Weigh up cows sold on mostly moderate demand and offerings. Cow quality this week was mostly plain to average with a limited offering of high quality feeding cows on offer. Slaughter cows sold fully steady to weak on all classes. Feeding cows sold generally steady. Many cows were pushing some fill again this week. Slaughter bulls were too lightly tested either this week or last to develop an accurate market trend, however steady to lower undertones were noticed. Feeding bull buyers were not as active this week allowing packers to buy bulls lower. Young age cows suitable to feed or rebreed steady to 5.00 higher. Quality this week was mostly average, however demand for this class of cows was stronger than last week. A moderate offering of bred cows was seen this sale. Demand for bred stock was mostly moderate. Quality this week was mostly average for bred cows which limited demand.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
498 498 6 203.00 $203.00 $1,011
600 600 2 176.00 $176.00 $1,056 +8.67
753 753 6 152.00 $152.00 $1,145

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
498 498 15 168.50 $168.50 $839
523 523 3 163.00 $163.00 $852
603–633 614 16 142.00–146.50 $144.76 $889 +2.76
697 697 6 143.00 $143.00 $997 +1.00
758 758 2 139.00 $139.00 $1,054
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
635 635 3 141.00 $141.00 $895

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
688–697 695 12 122.50–139.00 $134.92 $938 -0.08
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1185 1185 3 103.00 $103.00 $1,221

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1220–1635 1398 80-85% 111 54.00–65.00 $59.00 $825 -6.91
1305–1596 1402 80-85% 50 50.00–54.00 $53.15 $745 -6.17
1405 1405 80-85% 1 42.00 $42.00 $590 -17.32
1235–1695 1431 80-85% 38 46.00–54.00 $49.64 $710 -16.86
1470 1470 80-85% 1 67.00 $67.00 $985
1325–1585 1484 80-85% 16 54.00–58.00 $55.30 $821
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
885 885 85-90% 1 42.00 $42.00 $372
1050–1250 1153 85-90% 14 35.00–43.00 $39.90 $460
1000–1360 1198 85-90% 39 44.00–51.00 $47.99 $575
1185–1230 1210 85-90% 3 61.00–65.00 $63.31 $766 +8.13
1056–1264 1211 85-90% 77 51.00–58.00 $53.76 $651 -1.42
1105–1280 1215 85-90% 38 52.00–54.50 $53.21 $647 -1.97
1045–1335 1244 85-90% 35 51.00–53.00 $51.70 $643 -9.88
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1634–1745 1656 75-80% 5 48.00–60.50 $57.87 $958
1685 1685 75-80% 1 67.50 $67.50 $1,137 +9.63
1470–1704 1686 75-80% 13 54.00–58.50 $58.20 $981 +0.33
1675–1835 1741 75-80% 5 63.00–64.00 $63.38 $1,103

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1545 1545 1 81.50 $81.50 $1,259
1640–1960 1853 4 69.00–81.00 $75.59 $1,401
1940–2080 2003 9 82.00–84.00 $82.61 $1,655
2580 2580 1 70.00 $70.00 $1,806

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
829–1370 1003 (<2 yrs)Open 115 71.00–103.00 $88.00 $883
895–1260 1034 Young (2-4 yrs)Open 46 56.00–78.00 $65.85 $681
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
853 853 (<2 yrs)Open 3 65.00 $65.00 $554
928 928 Young (2-4 yrs)Open 2 61.00 $61.00 $566

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
988–1141 1049 Young (2-4 yrs)2nd Stage (4-6 mo) 10 1,150.00 $1,150.00
981–1318 1136 Aged (>8 yrs)2nd Stage (4-6 mo) 16 800.00–950.00 $885.84
1138 thin fleshed 1138 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 7 635.00 $635.00
1057–1291 1198 Young/Middle Aged (2-8 yrs)2nd/3rd Stage (4-9 mo) 64 1,375.00–1,650.00 $1,523.94
1234 1234 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 12 800.00 $800.00
1110–1303 1238 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 36 1,275.00–1,550.00 $1,470.09
1012–1356 1266 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 15 1,200.00–1,250.00 $1,232.56
1088–1416 1313 Middle Aged/Aged (>5 yrs)2nd/3rd Stage (4-9 mo) 109 800.00–1,275.00 $1,084.05
1264–1433 1332 Middle Aged/Aged (>5 yrs)2nd Stage (4-6 mo) 20 1,000.00–1,100.00 $1,056.95
1246–1443 1346 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 104 800.00–1,000.00 $906.27
1498 1498 Young/Middle Aged (2-8 yrs)2nd Stage (4-6 mo) 4 1,175.00 $1,175.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
926 926 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 8 1,100.00 $1,100.00
1379 1379 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 7 850.00 $850.00
Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1498 1498 Middle Aged/Aged (>5 yrs)2nd/3rd Stage (4-9 mo) 3 875.00 $875.00

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1065–1246 1125 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 21 1,385.00–1,500.00 $1,457.56

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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.