Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, June 15, 2022

2,562 head sold ·Official USDA report

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

HeadThis saleLast saleLast year
Total receipts 2,562 990 945
Feeder cattle 22 175 143
Slaughter cattle 652 570 501
Replacement cattle 1,888 245 301

Compared to last week: Feeder steers and heifers were scarcely tested this week as this sale featured mostly cow calf pairs. Weigh up cows sold on mostly good to very good demand. Demand for cows to ship to packers on the west coast remains very good. Slaughter cows sold steady to 2.00 higher on all classes. Feeding cow demand was mostly moderate to good. Packer buyers purchased several groups of cows to feed for the upcoming 4th of July holiday. These cows were of plain to average quality. Feeding cows sold unevenly steady as packers purchased poorer quality cows to hold for the holiday. Slaughter bulls sold steady to 2.00 higher. Weigh up conditions were mostly average this week and lower overall compared to last week. This week featured several complete dispersions off reputation ranches and demand for these offerings was very good. Recent rains have many ranchers looking to restock from last years drought. Most ranches in Central, Southern, and Eastern Montana have an abundance of grass following recent spring rains. Demand for all offerings was good to very good. A large crowd was on hand for todays sale and pairs sold sharply higher as competition was strong. Young age open cows suitable to feed or rebreed sold generally steady. Quality this week was average to attractive.

New to these tables? Plain-English explainers ↓

Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1035 1035 3 115.00 $115.00 $1,190
1078 1078 7 112.00 $112.00 $1,207 -9.00
1115 1115 3 105.50 $105.50 $1,176
1162 1162 5 107.50 $107.50 $1,249 +2.50
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1140–1150 1145 (<2 yrs)N/A 2 2,000.00–2,300.00 $2,150.66
1440–2350 1972 Young (2-4 yrs)N/A 11 2,500.00–4,200.00 $3,206.45

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1200–1513 1380 80-85% 58 73.00–81.00 $78.94 $1,089 -4.55
1328–1605 1384 80-85% 14 63.00–74.00 $71.30 $987 -12.19
1290–1575 1391 80-85% 73 74.50–81.00 $77.55 $1,079 -5.94
1260–1735 1413 80-85% 30 81.00–86.00 $84.11 $1,188 +10.63
1425 1425 80-85% 3 72.00 $72.00 $1,026 -1.48
1458–1463 1460 80-85% 5 82.00–83.50 $82.90 $1,210
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
900–960 915 85-90% 4 53.00–57.00 $54.05 $495 -1.39
875–970 933 85-90% 3 64.00–70.00 $67.95 $634 +12.51
950 950 85-90% 1 75.00 $75.00 $712
1095–1210 1153 85-90% 2 54.00–55.00 $54.52 $629
1020–1315 1174 85-90% 19 63.00–72.50 $69.39 $815
1194–1233 1205 85-90% 11 82.50–83.00 $82.64 $996 +5.14
1152–1325 1212 85-90% 20 62.00–73.00 $72.20 $875 -5.30
1030–1345 1218 85-90% 10 82.00–84.00 $82.82 $1,009 -0.03
1095–1315 1233 85-90% 38 74.00–81.00 $77.57 $956 -5.28
1045–1327 1247 85-90% 49 74.00–80.50 $77.66 $968 +2.35
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1430–1755 1556 75-80% 9 71.00–81.00 $78.09 $1,215
1420–1850 1623 75-80% 8 82.00–85.50 $84.25 $1,367 +1.75
N/N/A ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1429–1585 1481 65-75% 6 85.50–86.75 $86.30 $1,278

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1320 1320 1 81.00 $81.00 $1,069 -13.92
1390 1390 1 84.00 $84.00 $1,168
1545–1618 1594 3 86.00–93.00 $88.26 $1,407
1600–2285 1870 19 97.00–105.00 $102.70 $1,920
1790–2480 2078 12 106.00–120.50 $114.03 $2,370
2750 2750 1 98.00 $98.00 $2,695
YG2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
2488 2488 2 93.00 $93.00 $2,314

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
795–1409 1113 (<2 yrs)Open 54 91.00–125.00 $107.43 $1,196
1005–1338 1122 Young (2-4 yrs)Open 82 78.00–115.00 $95.90 $1,076
1160 thin fleshed 1160 Young (2-4 yrs)Open 1 76.00 $76.00 $882
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
965 965 Young (2-4 yrs)Open 3 75.00 $75.00 $724
1115 1115 (<2 yrs)Open 2 85.00 $85.00 $948

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1259 1259 Young (2-4 yrs)3rd Stage (7-9 mo) 5 1,300.00 $1,300.00

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1264 thin fleshed 1264 Young (2-4 yrs)Open 9 1,775.00 $1,775.00
1231–1462 1330 Middle Aged/Aged (>5 yrs)Open 14 1,560.00–1,675.00 $1,620.82
1417 thin fleshed 1417 Young/Middle Aged (2-8 yrs)Open 10 1,900.00 $1,900.00
1311–1514 1420 Young (2-4 yrs)Open 58 2,550.00–2,600.00 $2,573.89
1460 thin fleshed 1460 Aged (>8 yrs)1st Stage (1-3 mo) 12 1,400.00 $1,400.00
1463 thin fleshed 1463 Middle Aged (5-8 yrs)Open 10 2,100.00 $2,100.00
1479 1479 Aged (>8 yrs)Open 8 1,600.00 $1,600.00
1493 1493 Aged (>8 yrs)1st Stage (1-3 mo) 15 1,585.00 $1,585.00
1510–1800 1558 Young (2-4 yrs)1st Stage (1-3 mo) 12 2,275.00–2,300.00 $2,279.81
1578 1578 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 14 1,900.00 $1,900.00
1515–1648 1581 Middle Aged/Aged (>5 yrs)Open 168 1,785.00–2,500.00 $2,276.63
1524–1953 1585 Middle Aged/Aged (>5 yrs)1st Stage (1-3 mo) 80 1,475.00–1,800.00 $1,688.02
1499–1618 1590 Middle Aged (5-8 yrs)Open 109 2,400.00–2,560.00 $2,517.87
1553–1643 1594 Aged (>8 yrs)Open 75 1,700.00–2,010.00 $1,944.43
1553–1715 1594 Aged (>8 yrs)1st Stage (1-3 mo) 32 1,475.00–1,535.00 $1,518.86
1599–1630 1609 Middle Aged/Aged (>5 yrs)1st Stage (1-3 mo) 48 2,010.00–2,300.00 $2,101.83
1653 1653 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 24 2,500.00 $2,500.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1445 1445 Aged (>8 yrs)1st Stage (1-3 mo) 13 1,425.00 $1,425.00

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1159–1317 1219 Young (2-4 yrs)Open 88 2,575.00–2,675.00 $2,655.58

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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.