Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, May 4, 2022

1,376 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 $172.29/cwt +17.91 vs last sale · ≈ $1,058/hd at 614 lb · 36 head
heavy 5-weight M&L 1 bulls $184.50/cwt ≈ $1,105/hd at 599 lb · 28 head
light 5-weight M&L 1 heifers $183.25/cwt +22.50 vs last sale · ≈ $982/hd at 536 lb · 28 head
HeadThis saleLast saleLast year
Total receipts 1,376 1,213 880
Feeder cattle 362 291 348
Slaughter cattle 399 738 389
Replacement cattle 615 184 143

Compared to last week: Feeder cattle were too lightly tested last week to develop an accurate market trend, higher undertones were noticed on both steers and heifers. Quality this week was average to attractive for todays light offering. Demand for all feeders was good with most destined to run on grass for the summer. Rain continues to provide some optimism for ranchers as drought conditions have improved across much of the southern portion of the state. Market activity this week was mostly moderate to active. Weigh up cows sold on mostly light to moderate demand and offerings. Packers sat on their hands much of the sale as they wanted to buy cows lower. Slaughter cows sold mostly 3.00 lower on all classes. Feeding cows continue to sell with good demand and both packers and independent feeders both showed good demand for cows suitable to feed. These offerings sold steady to weak. Slaughter bulls sold mostly 2.00-3.00 higher. Bull quality this week was mostly attractive. Weigh up conditions were mostly in buyers favor as fresh green grass has cows slicked off and hollowed out. Young age cows suitable to feed or rebreed sold generally steady. Demand for cattle to rebreed continues to be good.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
518 518 11 207.50 $207.50 $1,075 +29.03
616–635 626 22 191.00–191.75 $191.41 $1,198 +28.21
708 708 3 175.50 $175.50 $1,243 +28.16
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–432 426 13 199.00–200.00 $199.22 $849
574 574 9 185.00 $185.00 $1,062
630–649 643 6 171.00–172.00 $171.33 $1,102
692 692 5 165.00 $165.00 $1,142

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
356 356 4 192.50 $192.50 $685
431 431 7 187.00 $187.00 $806 +15.26
463 463 21 188.50 $188.50 $873 +13.50
534–537 536 28 181.00–184.00 $183.25 $982 +22.50
610–620 614 36 165.50–176.50 $172.29 $1,058 +17.91
662 662 3 155.00 $155.00 $1,026 -0.50
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
523 523 2 165.00 $165.00 $863
577 577 3 165.00 $165.00 $952 +25.32
610–633 625 3 158.00–162.00 $159.30 $996 +12.29
708 708 2 147.00 $147.00 $1,041
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
546 546 4 133.00 $133.00 $726
Medium and Large 1 ($/head)
Weight (lb) Avg wt Head Price range Avg $ Δ last sale
150 150 1 310.00 $310.00
225 225 1 375.00 $375.00
295 295 1 360.00 $360.00

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
513 513 22 202.50 $202.50 $1,039
599 599 28 184.50 $184.50 $1,105
714 714 10 161.00 $161.00 $1,150
882 882 3 124.00 $124.00 $1,094
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
454 454 13 192.50 $192.50 $874
895 895 1 113.00 $113.00 $1,011
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1132 1132 3 107.00 $107.00 $1,211
1200 1200 1 105.00 $105.00 $1,260
Medium and Large 1 ($/head)
Weight (lb) Avg wt Head Price range Avg $ Δ last sale
230 230 1 310.00 $310.00

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1323–1555 1381 80-85% 4 84.00–87.50 $86.51 $1,195
1423–1440 1429 80-85% 3 81.00–85.50 $82.51 $1,179
1317–1685 1442 80-85% 16 71.00–79.00 $74.50 $1,074
1308–1795 1448 80-85% 36 60.00–70.50 $67.00 $970
1303–1630 1451 80-85% 28 73.00–82.00 $78.64 $1,141
1310–1730 1507 80-85% 13 67.00–74.00 $70.70 $1,065
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
965–985 972 85-90% 4 62.50–67.00 $65.36 $635
1025–1277 1157 85-90% 27 57.00–69.00 $64.90 $751 +2.38
1055–1283 1198 85-90% 14 71.00–74.50 $73.23 $877 +1.34
1165–1285 1219 85-90% 11 76.00–78.50 $77.02 $939
1065–1325 1242 85-90% 17 66.00–72.00 $68.52 $851
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1585–1625 1612 75-80% 3 85.00–86.50 $85.67 $1,381
1645–1677 1665 75-80% 7 78.50–82.00 $79.21 $1,319
1813 1813 75-80% 2 72.00 $72.00 $1,305
1810–1828 1822 75-80% 3 76.00–76.50 $76.17 $1,388
2085 2085 75-80% 1 70.00 $70.00 $1,460

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1185 1185 4 79.00 $79.00 $936
1308–1355 1324 3 95.50–101.00 $99.12 $1,312
1205–1585 1383 4 82.00–85.50 $84.25 $1,165
1435–2030 1671 7 83.00–90.50 $87.33 $1,459
1918–2163 2002 11 106.00–111.00 $108.79 $2,178
1680–2405 2061 9 92.00–104.00 $98.24 $2,025
YG2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1585 1585 1 88.00 $88.00 $1,395

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
810 thin fleshed 810 (<2 yrs)Open 1 80.00 $80.00 $648
775–1300 985 (<2 yrs)Open 113 88.00–119.00 $105.52 $1,039
905–1390 1080 Young (2-4 yrs)Open 24 75.00–100.00 $84.72 $915
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
924–935 926 (<2 yrs)Open 6 75.00–87.00 $84.98 $787
930 thin fleshed 930 Young (2-4 yrs)Open 1 75.00 $75.00 $698
1045–1115 1080 Young (2-4 yrs)Open 2 72.00–75.00 $73.55 $794

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1216–1247 1238 Young (2-4 yrs)3rd Stage (7-9 mo) 21 1,300.00–1,385.00 $1,358.66
1293 1293 Aged (>8 yrs)3rd Stage (7-9 mo) 5 910.00 $910.00
1439 1439 Middle Aged/Aged (>5 yrs)3rd Stage (7-9 mo) 8 910.00 $910.00
1445 1445 Middle Aged (5-8 yrs)3rd Stage (7-9 mo) 3 1,175.00 $1,175.00
1448 1448 Young/Middle Aged (2-8 yrs)2nd/3rd Stage (4-9 mo) 3 1,050.00 $1,050.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1237–1275 1245 Young (2-4 yrs)3rd Stage (7-9 mo) 10 1,050.00–1,175.00 $1,117.47

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1173 thin fleshed 1173 Middle Aged (5-8 yrs)Open 13 1,400.00 $1,400.00
1198 thin fleshed 1198 Middle Aged/Aged (>5 yrs)Open 19 1,050.00 $1,050.00
1289 thin fleshed 1289 Aged (>8 yrs)Open 8 1,150.00 $1,150.00
1327 1327 Middle Aged (5-8 yrs)Open 3 1,450.00 $1,450.00
1346 thin fleshed 1346 Young (2-4 yrs)Open 5 1,600.00 $1,600.00
1356 1356 Middle Aged (5-8 yrs)Open 6 1,700.00 $1,700.00
1389 1389 Middle Aged/Aged (>5 yrs)Open 21 1,300.00 $1,300.00
1464 1464 Aged (>8 yrs)Open 7 1,260.00 $1,260.00
1552 fancy 1552 Aged (>8 yrs)Open 16 1,600.00 $1,600.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1255 1255 Aged (>8 yrs)Open 5 1,185.00 $1,185.00
1299 thin fleshed 1299 Aged (>8 yrs)Open 9 925.00 $925.00
1378 1378 Aged (>8 yrs)Open 5 1,150.00 $1,150.00

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1024–1100 1076 Young (2-4 yrs)Open 67 2,010.00–2,050.00 $2,034.58
Medium 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
965 965 Young (2-4 yrs)Open 15 1,750.00 $1,750.00

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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.