Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, October 19, 2022

2,870 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 heifers $162.48/cwt -6.85 vs last sale · ≈ $933/hd at 574 lb · 23 head
light 5-weight M&L 1 steers $199.05/cwt +1.76 vs last sale · ≈ $1,021/hd at 513 lb · 23 head
light 4-weight M&L 1 heifers $194.32/cwt +7.90 vs last sale · ≈ $828/hd at 426 lb · 21 head
HeadThis saleLast saleLast year
Total receipts 2,870 1,559 3,437
Feeder cattle 685 487 863
Slaughter cattle 1,175 791 1,804
Replacement cattle 1,010 281 770

Compared to last week: Steer and heifer calves were too lightly tested either this sale or last sale to develop any market trend. Quality today was mostly plain. Most calves were cutbacks off the summer videos with very few fresh calves on offer. Demand was mostly light for light offerings. Most feeders were offered in small package sizes, with many singles in the offering. Market activity was mostly slow today. Weigh up cows sold on mostly light to moderate demand and heavy offerings. Slaughter cows sold 1.00-3.00 lower on all offerings. Feeding cows sold mostly steady to 2.00 lower. Slaughter bulls sold mostly steady to 1.00 lower. Cow quality this week was mixed from plain to very attractive. Todays sale featured bred cows and many sets were out of dry country. Several sets of cows were very thin as a result. Weigh up conditions were mostly below average this sale. Feeding cow buyers showed moderate demand for feeding cows this sale as they purchased some of the solid and broken bred cow offering to put on feed. Bred cows sold on mostly light to moderate demand this sale. A large crowd was on hand for todays sale however demand was mostly light to moderate as feed costs remain high and the entire winter feed bill still needs to be considered. Young age cows suitable to feed or rebreed sold on mostly good demand. These offerings sold mostly steady to 5.00 higher.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
282 unweaned 282 8 250.00 $250.00 $705
315–330 unweaned 323 6 237.50 $237.50 $767 +10.85
479 unweaned 479 5 207.50 $207.50 $994 +1.56
503–535 unweaned 513 23 191.00–212.00 $199.05 $1,021 +1.76
550–593 unweaned 578 19 176.00–188.00 $183.85 $1,063 -3.79
630 unweaned 630 18 175.00 $175.00 $1,102 -3.56
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
736–747 742 17 163.00–168.00 $165.96 $1,231
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
476–495 unweaned 484 15 180.00–200.00 $192.83 $933 +6.80
695 unweaned 695 1 165.00 $165.00 $1,147 -2.00
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
598 unweaned 598 3 173.00 $173.00 $1,035

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
277 unweaned 277 10 210.00 $210.00 $582
348 unweaned 348 3 212.00 $212.00 $738
409–444 unweaned 426 21 192.50–196.00 $194.32 $828 +7.90
460 unweaned 460 3 191.00 $191.00 $879 +11.57
517–544 unweaned 536 16 171.00 $171.00 $917 -1.10
565–581 unweaned 574 23 162.00–163.00 $162.48 $933 -6.85
635 unweaned 635 6 147.00 $147.00 $933
691 unweaned 691 4 144.00 $144.00 $995 -16.00
946 946 10 159.50 $159.50 $1,509
983–991 989 13 154.00–155.50 $155.04 $1,533 -5.44
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
368 unweaned 368 3 185.00 $185.00 $681
423 unweaned 423 4 180.00 $180.00 $761 +1.55
485 unweaned 485 1 161.00 $161.00 $781 +0.20
505 505 6 132.50 $132.50 $669
514–540 unweaned 525 12 161.00–163.00 $161.86 $850 +6.86
574–581 unweaned 577 12 145.00–157.00 $151.96 $877 -10.85
769 769 17 160.50 $160.50 $1,234
877 877 9 152.00 $152.00 $1,333 +5.00
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
415 unweaned 415 2 170.00 $170.00 $706
507–529 unweaned 514 19 155.00–156.00 $155.67 $800
729 729 4 164.50 $164.50 $1,199
898 898 3 149.00 $149.00 $1,338
1025 1025 1 150.00 $150.00 $1,538
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
502 unweaned 502 5 150.00 $150.00 $753
709 709 17 161.00 $161.00 $1,141

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
448 unweaned 448 4 175.00 $175.00 $784
536 unweaned 536 4 142.50 $142.50 $764

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Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
820–995 908 85-90% 2 52.00–54.00 $53.10 $482
1022–1202 1096 85-90% 16 40.00–49.00 $43.99 $482
838–1330 1102 85-90% 132 54.00–64.00 $56.88 $627
1170 1170 85-90% 1 77.50 $77.50 $907 +29.50
1045–1329 1183 85-90% 117 50.00–62.50 $56.02 $663 +8.02
1020–1460 1224 85-90% 88 62.00–72.50 $64.60 $791 +7.62
938–1375 1250 85-90% 120 63.00–75.00 $66.77 $835 -2.53
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1348–1465 1380 80-85% 13 59.00–66.00 $64.49 $890 -3.09
1252–1560 1382 80-85% 194 68.00–78.00 $73.39 $1,014 +5.81
1300–1680 1460 80-85% 47 78.00–81.00 $79.19 $1,156 -1.33
1325–1670 1496 80-85% 21 69.00–75.00 $70.05 $1,048 -10.47
1370–1715 1572 80-85% 14 58.00–66.00 $64.11 $1,008
1225–1795 1583 80-85% 6 79.50–87.00 $82.98 $1,314
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1405–1538 1461 75-80% 7 83.00–84.00 $83.30 $1,217
1444–1715 1510 75-80% 24 78.00–81.50 $80.60 $1,217 -0.15
1545 1545 75-80% 1 81.00 $81.00 $1,251 +0.25
1545–1765 1662 75-80% 22 72.50–75.00 $74.22 $1,234
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
339 unweaned 339 21 239.00 $239.00 $810

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1408–2070 1618 6 72.00–88.00 $81.25 $1,315 -1.42
1265–1846 1730 11 92.00–95.00 $93.57 $1,619
1740–2030 1921 8 73.00–89.00 $83.61 $1,606 -11.27
1725–2190 1979 13 90.00–95.00 $93.23 $1,845
2200 2200 1 98.00 $98.00 $2,156

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
705–845 thin fleshed 729 (<2 yrs)Open 10 96.00–110.00 $103.88 $757
102–1155 845 (<2 yrs)Open 158 104.00–126.50 $115.81 $979
837–1305 964 Young (2-4 yrs)Open 99 75.00–108.00 $95.39 $920
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
735–903 859 (<2 yrs)Open 4 95.00–111.00 $105.47 $906

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
916–1204 1004 Young (2-4 yrs)2nd Stage (4-6 mo) 130 1,300.00–1,585.00 $1,442.30
926–1190 1053 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 24 1,250.00–1,385.00 $1,354.86
1198–1246 1228 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 8 1,050.00–1,075.00 $1,065.85
1252 1252 Middle Aged/Aged (>5 yrs)1st/2nd Stage (1-6 mo) 3 900.00 $900.00
1267–1273 1269 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 20 1,400.00–1,425.00 $1,414.97
1204–1385 1281 Aged (>8 yrs)2nd Stage (4-6 mo) 137 960.00–1,160.00 $1,051.93
1193–1498 1282 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 39 1,085.00–1,200.00 $1,127.17
1313 1313 Aged (>8 yrs)2nd Stage (4-6 mo) 28 985.00 $985.00
1262–1440 1368 Middle Aged/Aged (>5 yrs)2nd Stage (4-6 mo) 74 1,025.00–1,260.00 $1,156.80
1380 1380 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 6 1,310.00 $1,310.00
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1363–1458 1385 Aged (>8 yrs)2nd Stage (4-6 mo) 34 66.00–74.25 $72.21 $1,000
1310–1420 1396 Middle Aged/Aged (>5 yrs)1st/2nd Stage (1-6 mo) 18 78.00–80.00 $79.58 $1,111
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1149–1180 1152 Young (2-4 yrs)2nd Stage (4-6 mo) 15 1,075.00–1,285.00 $1,184.70

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
955–1095 1048 (<2 yrs)1st/2nd Stage (1-6 mo) 3 1,450.00–1,550.00 $1,519.63
956–1253 1057 (<2 yrs)2nd Stage (4-6 mo) 81 1,525.00–1,900.00 $1,820.56

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Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1389 1389 Young/Middle Aged (2-8 yrs)Open 19 1,600.00 $1,600.00

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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.