Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, November 9, 2022

3,001 head sold ·Official USDA report

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

heavy 3-weight M&L 1 steers $254.58/cwt +7.08 vs last sale · ≈ $906/hd at 356 lb · 12 head
heavy 4-weight M&L 1 steers $201.00/cwt -13.39 vs last sale · ≈ $975/hd at 485 lb · 10 head
light 4-weight M&L 1-2 steers $220.26/cwt +5.26 vs last sale · ≈ $925/hd at 420 lb · 10 head
HeadThis saleLast saleLast year
Total receipts 3,001 2,517 3,956
Feeder cattle 149 831 743
Slaughter cattle 962 1,198 1,135
Replacement cattle 1,890 488 2,078

Compared to last week: Steer and heifer calves were both too lightly tested today to develop any market trend. Limited offerings were of plain to average quality and many looked stressed due to extreme cold and snowy conditions seen over the last 3 days. Todays sale featured mostly bred cows and weigh ups. Weigh up cows sold on mostly moderate demand for heavy offerings. Quality today was mostly average to attractive. The majority of the cow offering continues to be purchased to feed, either for the upcoming Thanksgiving holiday or to feed to premium white. Short term feeding cows sold fully steady. Most of these cows are located in the report as low dressing lean or boning cows returning to feed. High quality cows suitable to feed to premium white sold fully steady as well. Slaughter cows sold steady on all classes. Slaughter bulls sold fully steady. Weigh up conditions were mostly average this sale as most cows were worked through the chute for todays bred cow special. Todays bred cow offering was average to attractive with several complete dispersions on offer. Demand was stronger for bred cows this sale compared to last months bred cow sale. A large crowd was on hand for todays sale which sold well into the evening. Demand remained strong for todays entire offering of bred cows. Young age cows suitable to feed or rebreed sold on mostly light to moderate demand. These offerings sold mostly 5.00-10.00 lower. Quality was not as attractive on young cows this week and fewer taker were noticed.

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
356–360 unweaned 356 12 250.00–255.00 $254.58 $906 +7.08
485 unweaned 485 10 201.00 $201.00 $975 -13.39
615–645 unweaned 619 7 166.00–168.00 $167.70 $1,038 -16.44
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
414–445 unweaned 420 10 217.50–221.00 $220.26 $925 +5.26
490 unweaned 490 3 188.00 $188.00 $921 +3.00
Medium 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
533 unweaned 533 6 110.00 $110.00 $586

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
365–385 unweaned 378 9 197.50–200.00 $199.28 $753 -18.29
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
485 unweaned 485 4 140.00 $140.00 $679
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455 unweaned 455 2 175.00 $175.00 $796 -4.95

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Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
955–965 962 85-90% 3 49.00–55.00 $53.01 $510
1005–1198 1102 85-90% 20 31.00–48.00 $41.13 $453
1020–1290 1152 85-90% 20 49.00–59.00 $53.19 $613 -1.19
1055–1335 1157 85-90% 94 52.00–62.00 $57.70 $668 +3.32
1080–1215 1177 85-90% 15 73.00–74.50 $74.20 $873 +19.82
1073–1298 1224 85-90% 127 62.00–71.00 $64.70 $792 -1.16
1260 1260 85-90% 1 61.00 $61.00 $769 -2.94
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1268–1565 1376 80-85% 48 71.00–80.00 $74.85 $1,030 +9.52
1368–1400 1386 80-85% 7 82.00–82.50 $82.21 $1,139 +16.88
1305–1436 1389 80-85% 59 55.00–69.00 $63.30 $879 -2.03
1325–1461 1421 80-85% 19 54.00–65.00 $59.46 $845 -15.70
1420–1585 1488 80-85% 7 66.50–76.00 $72.32 $1,076
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1510 1510 75-80% 1 85.00 $85.00 $1,284
1472–1554 1523 75-80% 8 80.50–82.00 $81.04 $1,234
1588 1588 75-80% 7 78.00 $78.00 $1,239 -3.16
1510–1743 1627 75-80% 4 80.00–83.00 $81.39 $1,324 +9.30
1525–1775 1705 75-80% 4 73.50–75.50 $74.76 $1,275

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1265 1265 1 90.00 $90.00 $1,138
1675–2170 1861 6 72.00–85.00 $82.00 $1,526 -10.91
1625–2268 1958 13 90.00–95.00 $92.65 $1,814
2055 2055 1 102.00 $102.00 $2,096

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
669 thin fleshed 669 (<2 yrs)Open 21 110.00 $110.00 $736
770–1310 918 (<2 yrs)Open 114 83.00–118.00 $105.39 $967
760–1410 1092 Young (2-4 yrs)Open 31 64.00–87.50 $78.16 $854
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
940–950 943 (<2 yrs)Open 4 78.00–82.50 $79.13 $746

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
972–1232 1094 Young (2-4 yrs)2nd Stage (4-6 mo) 225 1,425.00–1,900.00 $1,774.42
988–1296 1097 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 42 1,325.00–1,625.00 $1,470.64
1141 1141 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 9 1,300.00 $1,300.00
1142 1142 Young (2-4 yrs)2nd Stage (4-6 mo) 7 1,410.00 $1,410.00
1212 1212 Middle Aged/Aged (>5 yrs)2nd Stage (4-6 mo) 19 1,060.00 $1,060.00
1074–1300 1221 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 42 1,250.00–1,450.00 $1,359.16
1233 1233 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 6 1,300.00 $1,300.00
1218–1306 thin fleshed 1260 Aged (>8 yrs)2nd Stage (4-6 mo) 25 950.00–985.00 $966.50
1198–1424 thin fleshed 1283 Middle Aged/Aged (>5 yrs)2nd Stage (4-6 mo) 34 1,010.00–1,050.00 $1,031.09
1107–1441 1297 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 187 1,325.00–1,625.00 $1,481.47
1217–1538 1306 Aged (>8 yrs)2nd Stage (4-6 mo) 331 1,000.00–1,200.00 $1,096.15
1328 1328 Aged (>8 yrs)1st/2nd Stage (1-6 mo) 4 950.00 $950.00
1207–1555 1336 Middle Aged/Aged (>5 yrs)2nd Stage (4-6 mo) 406 1,075.00–1,385.00 $1,288.66
1328–1390 1342 Middle Aged/Aged (>5 yrs)1st/2nd Stage (1-6 mo) 21 1,085.00–1,300.00 $1,186.74
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
973 973 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 11 1,310.00 $1,310.00
1139 1139 Middle Aged/Aged (>5 yrs)1st/2nd Stage (1-6 mo) 7 985.00 $985.00
1203 1203 Middle Aged/Aged (>5 yrs)2nd Stage (4-6 mo) 8 1,035.00 $1,035.00
1299 1299 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 7 1,275.00 $1,275.00
1339 1339 Young/Middle Aged (2-8 yrs)2nd Stage (4-6 mo) 4 1,235.00 $1,235.00

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
930–1107 1024 (<2 yrs)2nd Stage (4-6 mo) 72 1,460.00–1,725.00 $1,670.55

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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.