Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, April 20, 2022

2,774 head sold ·Official USDA report

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

heavy 9-weight M&L 1 steers $143.24/cwt ≈ $1,372/hd at 958 lb · 171 head
light 8-weight M&L 1 steers $151.41/cwt -0.20 vs last sale · ≈ $1,257/hd at 830 lb · 109 head
light 6-weight M&L 1 heifers $173.11/cwt -2.63 vs last sale · ≈ $1,066/hd at 616 lb · 101 head
HeadThis saleLast saleLast year
Total receipts 2,774 3,881 1,603
Feeder cattle 1,749 3,445 877
Slaughter cattle 735 126 448
Replacement cattle 290 310 278

Compared to last week: Feeder steers sold mostly steady on all weights. Feeder heifers sold mostly steady to 4.00 higher on all heifers under 800 lbs, heifers over 800 lbs not well compared. Quality this week was mixed from plain to very attractive and similar to last weeks offering. Several load lots and multiple load lots were seen this sale. Demand was mostly good this week. The best demand continues to be for cattle suitable to run as yearlings. Buyers purchased cattle up to 750 lbs to run on grass. Flesh conditions were mostly light to moderate today, with very few fleshy offerings seen. Demand for replacement quality heifers was good to very good. Last weeks snow storm coupled with a rain forecast for this weekend gave ranchers some optimism as they bid on high quality replacement cattle. Market activity was mostly active with a good crowd of order buyers in the stands today actively bidding on offerings. Weigh up cows sold on moderate demand for moderate to heavy offerings. Feeding and slaughter cows were lightly tested last week, thus all comparisons are narrow. Slaughter cows sold mostly steady to 1.00 lower. Feeding cows sold generally steady to weak. Weigh up conditions were mostly average to below average this week, however weigh conditions were better in places than last week. Slaughter bulls sold steady to 3.00 lower. Young age cows suitable to feed or rebreed sold generally steady this week. Quality was average to attractive.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
420–449 432 19 212.00–225.00 $219.31 $947 -2.44
464 464 11 219.00 $219.00 $1,016 +13.00
473 thin fleshed 473 15 231.00 $231.00 $1,093 +0.50
523–547 537 63 209.50–213.00 $211.48 $1,136 +3.37
555–596 588 31 189.00–209.00 $192.48 $1,132 -3.72
612–648 645 41 183.50–184.00 $183.97 $1,187 +7.97
659–697 682 38 182.00–184.00 $182.46 $1,244 +4.75
748 748 6 163.00 $163.00 $1,219
759 759 22 164.50 $164.50 $1,249
817–832 830 109 147.00–153.00 $151.41 $1,257 -0.20
856 fancy 856 10 155.00 $155.00 $1,327
856 856 4 147.00 $147.00 $1,258
918 918 4 149.50 $149.50 $1,372 +6.00
951–958 958 171 143.00–143.25 $143.24 $1,372
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
508–511 510 8 184.00–191.00 $185.74 $947 -5.26
573 573 5 183.50 $183.50 $1,051 +4.06
615 615 3 176.00 $176.00 $1,082 +1.00
655–695 677 19 156.00–168.00 $161.30 $1,092 -9.70
779 779 15 157.00 $157.00 $1,223

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
390 390 4 192.50 $192.50 $751 +6.00
473 unweaned 473 3 181.00 $181.00 $856
470–489 476 30 182.00–191.50 $188.46 $897 -2.08
503 unweaned 503 12 174.00 $174.00 $875
505–525 524 57 184.00–189.50 $189.38 $992 +4.53
558–581 565 56 179.00–184.00 $180.59 $1,020 +18.59
607–622 616 101 168.00–174.00 $173.11 $1,066 +1.16
663–694 680 54 158.00–163.00 $161.20 $1,096 -5.70
704–735 709 65 151.00–162.00 $158.61 $1,125 +4.51
751–786 757 86 143.00–154.00 $151.77 $1,149 +4.37
862–880 863 17 137.00–141.00 $140.76 $1,215 +3.76
884–898 888 13 129.00–133.50 $132.03 $1,172 -6.97
Medium and Large 1 ($/head)
Weight (lb) Avg wt Head Price range Avg $ Δ last sale
773–785 778 163 1,185.00–1,260.00 $1,246.30
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
368–370 369 8 165.00–174.50 $170.95 $631 -8.05
413–445 429 9 170.00–177.00 $172.45 $740
456–486 473 33 170.00–180.00 $177.45 $839
523–549 540 11 168.00–176.00 $170.82 $922 -0.77
596 596 8 167.00 $167.00 $995 +2.00
624–638 627 23 159.00–160.00 $159.22 $998 -6.16
664 664 7 139.00 $139.00 $923 -14.74
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
505 505 4 136.00 $136.00 $687
597 597 3 131.00 $131.00 $782 -19.00
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
753 753 6 138.00 $138.00 $1,039

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
554 554 11 185.00 $185.00 $1,025
658–698 689 18 153.00–165.00 $155.55 $1,072
827 827 15 132.00 $132.00 $1,092
873 873 3 125.00 $125.00 $1,091
923 923 2 118.00 $118.00 $1,089 -4.00
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1005–1035 1008 11 112.00–118.00 $117.44 $1,184 -4.56
1058–1090 1066 4 109.00–113.00 $111.98 $1,194
1166 1166 4 106.00 $106.00 $1,236
1233–1245 1236 4 102.00–104.00 $102.50 $1,267

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1308–1670 1425 80-85% 27 70.50–78.00 $75.76 $1,080 -4.74
1310–1710 1441 80-85% 80 77.50–85.00 $82.19 $1,184 +1.69
1330–1650 1450 80-85% 34 73.00–77.00 $75.74 $1,098
1305–1645 1451 80-85% 39 77.50–84.50 $79.29 $1,150
1510 1510 80-85% 2 87.50 $87.50 $1,321
1565 1565 80-85% 1 85.00 $85.00 $1,330
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
920–940 930 85-90% 2 58.00–64.00 $61.03 $568 -9.07
985 985 85-90% 2 75.00 $75.00 $739
1030–1265 1180 85-90% 15 59.00–66.00 $64.43 $760 -9.48
965–1283 1182 85-90% 33 67.00–78.00 $73.12 $864 -0.79
980–1290 1213 85-90% 29 66.50–77.00 $72.83 $883 -6.11
1110–1270 1242 85-90% 18 77.00–82.00 $78.05 $969 -0.89
1155–1355 1249 85-90% 22 77.00–82.50 $78.72 $983
1290 1290 85-90% 1 84.00 $84.00 $1,084
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1513–1640 1554 75-80% 5 84.50–87.00 $85.58 $1,330
1600–1725 1694 75-80% 4 85.00 $85.00 $1,440
1618–1985 1758 75-80% 12 71.00–83.00 $76.24 $1,340

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1240–1312 1286 6 78.00–91.00 $82.85 $1,065
1270–1410 1340 2 100.00–101.00 $100.47 $1,346
1420–1670 1523 6 80.00–95.00 $89.24 $1,359
1535–2320 1858 25 97.00–106.00 $101.88 $1,893
1735–2365 2004 9 107.50–116.00 $111.36 $2,232

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
800–1258 1035 (<2 yrs)Open 117 90.00–120.50 $104.53 $1,082
840–1215 thin fleshed 1159 Young (2-4 yrs)Open 8 75.50–80.00 $75.97 $880
865–1515 1180 Young (2-4 yrs)Open 60 75.00–99.00 $85.38 $1,007
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1205 1205 (<2 yrs)Open 1 77.00 $77.00 $928

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1360–1482 1465 Middle Aged/Aged (>5 yrs)3rd Stage (7-9 mo) 7 73.00–76.00 $73.40 $1,075
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1300 1300 Young (2-4 yrs)3rd Stage (7-9 mo) 2 1,300.00 $1,300.00

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Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1417 1417 Young (2-4 yrs)Open 3 1,150.00 $1,150.00

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Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
666 666 4 129.00 $129.00 $859
810 810 17 123.00 $123.00 $996

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Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
721 721 9 138.00 $138.00 $995
858 858 20 137.00 $137.00 $1,175

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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.