Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, March 2, 2022

2,731 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 $205.00/cwt ≈ $1,132/hd at 552 lb · 25 head
light 6-weight M&L 1 steers $191.00/cwt ≈ $1,180/hd at 618 lb · 13 head
heavy 4-weight M&L 1 steers $212.50/cwt ≈ $1,020/hd at 480 lb · 11 head
HeadThis saleLast saleLast year
Total receipts 2,731 203 2,377
Feeder cattle 115 25 85
Slaughter cattle 796 138 547
Replacement cattle 1,820 40 1,745

Compared to last week: Feeder calves were scarcely tested this week as todays sale featured bred cows. No trend on feed cattle is available. Demand for limited offerings was good. Todays Public Auction Yards hosted their annual calving time classic. Many sets of bred cows were on offer and with a heavy offering of older cows seen. A couple of dispersions of cows were seen as well and these offerings were met with very good demand. Several sets of cows had been on feed and packer buyers were competitive with bred cow buyers over these offerings. Packers purchased some of these offerings away from bred cow buyers especially slightly blemished or heavy weight offerings which were weighted. Quality for bred cows was mixed from plain to attractive. Weigh up cows sold on mostly moderate to good demand, however demand for weigh ups was uneven at times. Slaughter cows sold steady to 3.00 lower on lean cows, boning and breaking cows were too lightly tested to last week to develop an accurate market trend, however steady to lower undertones were noticed. Slaughter bulls were too lightly tested last sale to develop any market trend. Demand for slaughter bulls was mostly good. Young age cows suitable to feed or rebreed sold on mostly good demand. Too few offerings were seen last week to develop any market trend. Quality was average to attractive with many coming 2 year old heifers and heifers that lost calves in the offering.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
480 480 11 212.50 $212.50 $1,020
528 528 3 204.00 $204.00 $1,077
552 552 25 205.00 $205.00 $1,132
618 618 13 191.00 $191.00 $1,180

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1316–1488 1331 80-85% 23 81.50–84.50 $81.79 $1,089 +7.79
1338–1425 1368 80-85% 7 81.00–82.00 $81.44 $1,114
1310–1465 1370 80-85% 24 64.00–74.00 $71.66 $982
1318–1635 1427 80-85% 136 74.00–83.00 $80.28 $1,146
1326–1630 1438 80-85% 94 73.00–79.50 $77.27 $1,111
1445 1445 80-85% 1 70.00 $70.00 $1,012
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
945 945 85-90% 1 71.00 $71.00 $671 +8.84
940–973 965 85-90% 4 47.00–52.00 $48.22 $465 -29.78
915–980 967 85-90% 5 61.00–64.00 $61.57 $595 -16.43
1080–1170 1126 85-90% 14 57.00–61.00 $60.00 $676
1025–1310 1160 85-90% 100 62.00–71.00 $68.25 $792 -9.74
1200–1215 1208 85-90% 4 79.00–83.00 $81.01 $979
1215 1215 85-90% 1 79.00 $79.00 $960
1015–1310 1235 85-90% 91 72.00–78.00 $74.45 $919
1246 1246 85-90% 6 78.50 $78.50 $978
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1435–1668 1535 75-80% 28 71.00–78.00 $73.99 $1,136
1550 1550 75-80% 1 80.00 $80.00 $1,240 -1.16
1504–1705 1578 75-80% 24 79.00–84.00 $82.65 $1,304 +1.49
1573–1760 1667 75-80% 24 74.25–77.00 $75.55 $1,259

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1290–1530 1410 2 93.00–95.00 $93.91 $1,324
1357–1987 1629 12 71.00–91.00 $84.70 $1,380 -8.88
1540–2203 1803 12 91.00–98.50 $94.91 $1,711
2005–2220 2138 6 101.00–104.00 $102.35 $2,188

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
902–1238 1058 (<2 yrs)Open 37 122.00–133.50 $129.73 $1,373
925–1408 1159 Young (2-4 yrs)Open 61 78.00–98.50 $82.88 $961
Medium 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
828 828 (<2 yrs)Open 11 100.00 $100.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1010–1280 1190 Young (2-4 yrs)Open 3 65.00–66.00 $65.72 $782

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1058 thin fleshed 1058 Young (2-4 yrs)3rd Stage (7-9 mo) 13 1,425.00 $1,425.00
1169 1169 Young/Middle Aged (2-8 yrs)3rd Stage (7-9 mo) 18 1,400.00 $1,400.00
1206 1206 Young/Middle Aged (2-8 yrs)2nd/3rd Stage (4-9 mo) 4 1,400.00 $1,400.00
1023–1472 1219 Young (2-4 yrs)3rd Stage (7-9 mo) 171 1,475.00–1,710.00 $1,635.22
1049–1412 1221 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 9 1,375.00 $1,375.00
1150–1321 thin fleshed 1255 Aged (>8 yrs)3rd Stage (7-9 mo) 85 850.00–1,060.00 $1,005.55
1322–1326 1323 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 24 1,335.00–1,375.00 $1,361.64
1135–1545 1340 Middle Aged (5-8 yrs)3rd Stage (7-9 mo) 171 1,375.00–1,675.00 $1,569.65
1346 1346 Middle Aged (5-8 yrs)3rd Stage (7-9 mo) 4 1,325.00 $1,325.00
1294–1500 1349 Aged (>8 yrs)3rd Stage (7-9 mo) 295 1,050.00–1,250.00 $1,125.25
1283–1510 1370 Middle Aged/Aged (>5 yrs)2nd/3rd Stage (4-9 mo) 61 1,060.00–1,275.00 $1,194.42
1328–1445 fancy 1375 Middle Aged (5-8 yrs)3rd Stage (7-9 mo) 30 1,700.00–1,750.00 $1,721.02
1353–1470 1402 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 135 1,075.00–1,200.00 $1,147.11
1242–1649 1406 Middle Aged/Aged (>5 yrs)3rd Stage (7-9 mo) 217 1,150.00–1,450.00 $1,358.25
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1276 1276 Young (2-4 yrs)3rd Stage (7-9 mo) 11 1,375.00 $1,375.00
1304–1333 1310 Middle Aged (5-8 yrs)3rd Stage (7-9 mo) 9 1,250.00–1,300.00 $1,261.30
1322 1322 Young/Middle Aged (2-8 yrs)3rd Stage (7-9 mo) 3 1,350.00 $1,350.00
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1409 1409 Aged (>8 yrs)3rd Stage (7-9 mo) 16 78.00 $78.00 $1,099

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
976 thin fleshed 976 (<2 yrs)3rd Stage (7-9 mo) 9 1,300.00 $1,300.00
995–1193 1037 (<2 yrs)3rd Stage (7-9 mo) 222 1,460.00–1,700.00 $1,533.56
Medium 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
890 thin fleshed 890 (<2 yrs)3rd Stage (7-9 mo) 13 1,000.00 $1,000.00

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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.