Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, November 30, 2022

1,650 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 steers $187.19/cwt ≈ $1,078/hd at 576 lb · 45 head
light 6-weight M&L 1 steers $186.84/cwt ≈ $1,160/hd at 621 lb · 41 head
light 5-weight M&L 1 steers $204.04/cwt ≈ $1,053/hd at 516 lb · 39 head
HeadThis saleLast saleLast year
Total receipts 1,650 1,643 2,251
Feeder cattle 484 706 575
Slaughter cattle 863 644 1,002
Replacement cattle 303 293 674

Compared to last week: Steer and heifer calves were all too lightly tested last week to develop an accurate market trend, however higher undertones were noticed on all feeder offerings. Quality today was mostly plain to average, but better overall compared to last week. Most calves were offered in small lots or as singles. Demand was mostly light to moderate, but noticeably stronger than last weeks pre-holiday sale. A larger buyer pool was on hand for todays sale compared to last week. Market activity was mostly moderate. Weigh up cows sold on mostly light to moderate demand for moderate to heavy offerings. Cow quality today was mostly plain to average. Most of the cow offering continues to be purchased to feed, either for the upcoming holidays, to turn out on corn stalks, or to feed to premium white. Demand for thin cows was stronger from private buyers this week as they pushed to own a significant portion of the cow supply today. Short term feeding cows sold mostly steady to 2.00 higher. Feeding cows suitable to feed to premium white sold sold steady to 3.00 higher, with the biggest increase seen for plainer quality cows which private feeding buyers pushed higher. Slaughter cows sold 1.00-3.00 higher on boning and lean cows, breaking cows sold unevenly steady. Weigh up conditions were mostly below average this week with many full cows and bulls on offer. Slaughter bulls sold generally steady. Young age cows suitable to feed or rebreed sold sharply higher, with most sales 10.00-20.00 higher. Additional buyers entered the market this week looking for high quality rebreed type cows.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
480 unweaned 480 1 203.00 $203.00 $974
500–543 unweaned 516 39 203.00–206.00 $204.04 $1,053
550–598 unweaned 576 45 186.00–194.00 $187.19 $1,078
613–622 unweaned 621 41 186.50–190.00 $186.84 $1,160
693 unweaned 693 2 171.00 $171.00 $1,185
722 unweaned 722 3 175.00 $175.00 $1,264
775 unweaned 775 4 168.00 $168.00 $1,302
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
358 358 12 222.50 $222.50 $797
402 402 9 207.50 $207.50 $834
478 unweaned 478 3 202.00 $202.00 $966 +21.00
605 unweaned 605 1 175.00 $175.00 $1,059

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
532 unweaned 532 6 181.00 $181.00 $963
555–588 unweaned 575 26 157.00–170.00 $160.33 $922
688 unweaned 688 6 157.00 $157.00 $1,080
852 852 6 159.00 $159.00 $1,355 -29.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
395 unweaned 395 2 190.00 $190.00 $750 +23.00
410–445 unweaned 431 5 181.00–185.00 $182.52 $787
450 unweaned 450 1 171.00 $171.00 $770
535 unweaned 535 5 163.00 $163.00 $872
555–580 unweaned 566 7 146.00–154.00 $150.48 $852
916–944 928 14 155.00–155.50 $155.28 $1,441 +5.78

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
611–640 unweaned 614 11 172.00–179.00 $178.34 $1,095
660–690 unweaned 680 3 168.00–171.00 $168.97 $1,149
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
485 unweaned 485 3 157.50 $157.50 $764 +5.00
834 834 5 130.00 $130.00 $1,084
Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1130 1130 3 106.00 $106.00 $1,198
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1085 1085 1 118.00 $118.00 $1,280

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Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
820 820 85-90% 1 33.00 $33.00 $271
900–1190 1074 85-90% 20 40.00–45.00 $42.48 $456
940–1290 1183 85-90% 67 47.00–58.50 $54.46 $644 +11.46
1013–1328 1193 85-90% 53 47.50–57.50 $53.17 $634 +10.17
1201–1245 1208 85-90% 8 70.50–74.50 $71.20 $860 +10.28
1020–1358 1246 85-90% 211 58.00–65.50 $61.15 $762
1123–1352 1253 85-90% 21 58.00–64.00 $60.48 $758
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1255–1570 1380 80-85% 118 67.00–78.00 $72.99 $1,007 -1.93
1313–1585 1412 80-85% 18 55.00–71.00 $59.03 $834 +1.66
1298–1500 1434 80-85% 37 56.00–66.00 $63.27 $907 +7.68
1350–1530 1439 80-85% 10 66.00–75.00 $71.51 $1,029 +0.51
1465 1465 80-85% 1 81.00 $81.00 $1,187
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1360 1360 75-80% 1 75.00 $75.00 $1,020
1560 1560 75-80% 1 73.00 $73.00 $1,139 -4.17
1405–1980 1574 75-80% 47 65.00–73.50 $70.43 $1,109 -6.74
1425–1655 1574 75-80% 23 74.00–78.00 $75.75 $1,192 -1.42
1780 1780 75-80% 1 80.00 $80.00 $1,424

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1140 1140 1 71.00 $71.00 $809
1290 1290 1 90.00 $90.00 $1,161
1583–2045 1731 46 72.00–86.00 $81.07 $1,403 -11.24
1418–2055 1756 16 87.00–96.00 $90.89 $1,596
1830–2330 2112 3 98.00–98.50 $98.18 $2,074
2590 2590 1 94.00 $94.00 $2,435

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
824–1310 975 (<2 yrs)Open 140 78.00–132.00 $113.50 $1,107
795–1328 1107 Young (2-4 yrs)Open 76 62.00–99.00 $72.41 $802
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
795 795 (<2 yrs)Open 1 75.00 $75.00 $596
970 970 Young (2-4 yrs)Open 1 55.00 $55.00 $534

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1084 1084 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 11 1,150.00 $1,150.00
1077–1210 1099 Young (2-4 yrs)1st Stage (1-3 mo) 6 1,000.00–1,050.00 $1,009.17
1185 1185 Young (2-4 yrs)2nd Stage (4-6 mo) 8 1,250.00 $1,250.00
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1200–1379 1360 Aged (>8 yrs)2nd Stage (4-6 mo) 19 58.00–64.00 $63.44 $863

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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.