Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, June 29, 2022

1,409 head sold ·Official USDA report

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

heavy 6-weight M&L 1 heifers $164.16/cwt -12.34 vs last sale · ≈ $1,116/hd at 680 lb · 48 head
light 7-weight M&L 1 heifers $155.52/cwt ≈ $1,151/hd at 740 lb · 32 head
light 6-weight M&L 1-2 heifers $158.05/cwt -7.12 vs last sale · ≈ $1,002/hd at 634 lb · 22 head
HeadThis saleLast saleLast year
Total receipts 1,409 2,106 1,658
Feeder cattle 312 447 464
Slaughter cattle 664 1,107 940
Replacement cattle 433 552 254

Compared to last week: Feeder steers and heifers were too lightly tested either this week or last week to develop an accurate market trend, however steady undertones were noticed on both steers and heifers. Demand was mostly moderate to good for light to moderate offerings. Demand for grass cattle continues to be good. Some sets of cattle were sold from drought stricken areas off grass. Market activity was mostly moderate today. Weigh up cows and bulls comprised most of the offering this week. Slaughter cow demand remains very good as western packers continuing to drive the market higher. Slaughter cows sold mostly steady to firm on breaking and boning cows. Lean cows sold 3.00-4.00 higher. Feeding cows sold generally steady. Weigh up conditions were average to below average this week. Cattle coming off grass are starting to loose some of the increased yields seen from earlier in the summer. Many cows today were pushing some fill, however demand remains good and buyers pushed many cows higher despite lower yielding conditions. Slaughter bulls sold steady to 3.00 higher. Demand for high yielding bulls was very good this sale. Young age cows suitable to feed or rebreed were too lightly tested to develop an accurate market trend, however lower undertones were noticed. Quality was mostly plain to average this week. Several sets of cow-calf pairs were seen this week and many were out of drought stricken areas. Most of the cows were very thin fleshed but the calves were of very attractive quality. Cow-calf demand remains good with many ranchers on hand actively bidding on these offerings.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
657 657 3 182.00 $182.00 $1,196
717 717 12 170.00–172.00 $171.50 $1,230 +4.50
820–830 827 3 162.00–164.00 $162.66 $1,345
902–945 917 22 145.00–148.00 $147.49 $1,352
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
732 732 15 158.00 $158.00 $1,157
1165 1165 3 124.00 $124.00 $1,445
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
548 548 3 182.00 $182.00 $997
575–595 586 7 178.00–182.00 $179.98 $1,055
750–798 786 5 152.00–161.00 $157.37 $1,237

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
580 580 3 168.00 $168.00 $974
608 608 2 170.00 $170.00 $1,034 -3.41
670–693 680 48 160.00–167.00 $164.16 $1,116
730–748 740 32 151.00–158.00 $155.52 $1,151
923 923 2 135.00 $135.00 $1,246 -2.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
520 520 14 160.00 $160.00 $832
595 595 5 163.00 $163.00 $970 +0.24
631–639 634 22 156.00–162.00 $158.05 $1,002 -7.12
670–698 693 17 145.00–156.00 $154.12 $1,068 -11.00
710 710 3 147.00 $147.00 $1,044
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
488 488 3 147.50 $147.50 $720 ±0.00

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Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1057 1057 6 121.00 $121.00 $1,279
1211–1213 1212 19 107.50–117.50 $111.71 $1,354
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hdΔ last sale
615 615 2 157.00 $157.00 $966
785–790 790 13 138.00–142.00 $138.31 $1,093
998 998 3 123.00 $123.00 $1,228
1278 1278 (<2 yrs)N/A 3 116.00 $116.00 $1,482
1525–1600 1563 Young (2-4 yrs)N/A 2 112.00–125.00 $118.66 $1,855
Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1080 1080 1 113.00 $113.00 $1,220

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1231–1407 1266 80-85% 15 89.00–90.00 $89.78 $1,137 -2.95
1348–1520 1391 80-85% 4 81.00–83.00 $82.45 $1,147
1330–1459 1400 80-85% 60 83.50–87.00 $84.26 $1,180 -0.88
1255–1525 1402 80-85% 78 81.00–88.50 $84.89 $1,190 -0.25
1305–1610 1456 80-85% 27 70.50–82.00 $79.81 $1,162
1318–1655 1466 80-85% 17 89.00–94.00 $91.14 $1,336
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
995 995 85-90% 2 78.50 $78.50 $781
1040 1040 85-90% 1 79.50 $79.50 $827
930–1248 1146 85-90% 5 88.50–92.00 $89.27 $1,023
1025–1295 1191 85-90% 51 82.00–87.50 $85.07 $1,013 +4.58
1172–1223 1203 85-90% 19 88.00–92.00 $90.72 $1,091 +2.84
1125–1239 1210 85-90% 6 81.00–87.00 $82.42 $997 -5.46
1040–1340 1238 85-90% 39 71.00–82.00 $79.05 $979 -8.83
1240–1300 1270 85-90% 2 61.00–64.50 $62.79 $797
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1548–1740 1619 75-80% 9 79.00–83.50 $81.73 $1,323
1640 1640 75-80% 2 80.00 $80.00 $1,312
1650–1830 1682 75-80% 8 89.50–92.00 $89.84 $1,511
1503–1825 1708 75-80% 9 86.00–89.00 $86.62 $1,479

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1220–1281 1275 11 92.00–95.00 $92.26 $1,176
1235–1338 1315 6 107.00 $107.00 $1,407
1385–2090 1640 19 85.00–107.00 $98.92 $1,622
1305–2360 1819 43 106.00–116.00 $110.77 $2,015
1785–2400 2059 34 117.00–134.00 $123.62 $2,545
2505 2505 1 99.00 $99.00 $2,480
2650 2650 1 100.00 $100.00 $2,650

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
923 thin fleshed 923 Young (2-4 yrs)Open 2 78.00 $78.00 $720
970–1490 1085 (<2 yrs)Open 17 91.00–114.00 $102.82 $1,116
990–1280 1119 Young (2-4 yrs)Open 22 80.00–95.50 $90.42 $1,012
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
885–1105 1017 (<2 yrs)Open 6 83.00–102.00 $95.44 $971

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1014–1213 thin fleshed 1058 Young (2-4 yrs)Open 45 2,350.00–2,400.00 $2,387.26
1169 thin fleshed 1169 Middle Aged (5-8 yrs)Open 8 1,985.00 $1,985.00
1447 thin fleshed 1447 Middle Aged/Aged (>5 yrs)Open 5 1,525.00 $1,525.00
1542 1542 Aged (>8 yrs)Open 8 1,450.00 $1,450.00
1728 1728 Middle Aged/Aged (>5 yrs)Open 15 1,975.00 $1,975.00
1880–1910 1908 Middle Aged/Aged (>5 yrs)Open 12 1,850.00–1,975.00 $1,964.73
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1203 1203 Young (2-4 yrs)Open 5 1,775.00 $1,775.00
1399 1399 Middle Aged/Aged (>5 yrs)Open 5 1,600.00 $1,600.00

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
877 thin fleshed 877 Young (2-4 yrs)Open 46 2,075.00 $2,075.00

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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.