Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, December 14, 2022

1,662 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 1-2 heifers $187.97/cwt -2.03 vs last sale · ≈ $721/hd at 384 lb · 16 head
light 6-weight M&L 1 heifers $164.32/cwt ≈ $1,027/hd at 625 lb · 15 head
light 5-weight M&L 1-2 heifers $157.14/cwt -5.86 vs last sale · ≈ $850/hd at 541 lb · 15 head
HeadThis saleLast saleLast year
Total receipts 1,662 1,650 2,863
Feeder cattle 390 484 1,243
Slaughter cattle 1,006 863 1,111
Replacement cattle 266 303 509

Compared to two weeks ago: Last week Public auction yards held their annual blue ribbon sale and sold no feeders or weigh up cows. As a result all comparisons are to two weeks ago. Feeder cattle were all too lightly tested to develop an accurate market trend, however unevenly steady undertones were noticed on all feeder offerings. Demand was mostly light for light offerings. Quality today was mostly plain to average. Feedlots in the corn-belt and Western Nebraska were mostly out of the market until later in the week when roads open up. Roads remain icy and treacherous which kept some buyers out of the market. Market activity was slow to moderate. Weigh up cows sold on mostly light to moderate demand and moderate offerings. Packer buyers showed mostly light demand for both feeding and slaughter cows this week. Slaughter cows sold mostly 4.00-5.00 lower on breaking cows, boning and lean cows sold 2.00-3.00 lower. Feeding cows sold 2.00-4.00 lower on all classes. Packers have filled feedlots all fall with high quality cows and with only a few sales left for the year packers showed light demand for all high quality cows to feed to premium white. Most feeding cows were purchased by private feeders this sale. Packers did purchase most of the bull offering to feed this sale, however at lower prices. Slaughter bulls sold mostly 3.00 lower. Feeding bulls were too lightly tested last sale to develop any market trend. Young age cows suitable to feed or rebreed sold sharply lower. Again much of this is weather related as buyers in the plains and corn-belt are out of the market due to heavy snow and poor road conditions.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325 unweaned 325 1 250.00 $250.00 $812
355–370 unweaned 365 3 235.00–255.00 $241.48 $881
453–468 unweaned 462 7 210.00–225.00 $216.06 $998 +13.06
510–514 unweaned 514 12 204.00 $204.00 $1,049 -0.04
554 554 7 192.00 $192.00 $1,064
600–622 unweaned 612 12 179.00–183.00 $180.00 $1,102 -6.84
702 unweaned 702 3 168.00 $168.00 $1,179 -7.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
343 unweaned 343 2 225.00 $225.00 $772
370 unweaned 370 1 211.00 $211.00 $781
435 unweaned 435 4 210.00 $210.00 $914
543 unweaned 543 2 187.50 $187.50 $1,018
563 unweaned 563 3 171.00 $171.00 $963
628–630 unweaned 629 5 170.00–173.00 $171.80 $1,081 -3.20
670 unweaned 670 1 162.00 $162.00 $1,085
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
360 360 1 210.00 $210.00 $756

↑ Back to top

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325 325 7 197.50 $197.50 $642
370–375 unweaned 372 5 187.50–190.00 $188.99 $703 -1.01
389 389 11 187.50 $187.50 $729
409 unweaned 409 4 185.00 $185.00 $757 +2.48
451 unweaned 451 4 165.00 $165.00 $744 -6.00
538–540 unweaned 540 9 150.00–161.00 $158.56 $856 -4.44
543 543 6 155.00 $155.00 $842
561–590 unweaned 571 6 150.00–159.00 $153.10 $874 +2.62
675 unweaned 675 2 149.00 $149.00 $1,006
823 823 5 155.00 $155.00 $1,276
989 989 7 137.00 $137.00 $1,355
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
400 unweaned 400 1 195.00 $195.00 $780
540 unweaned 540 4 169.00 $169.00 $913 -12.00
600–633 unweaned 625 15 163.00–168.00 $164.32 $1,027
663 unweaned 663 3 158.00 $158.00 $1,048 +1.00
700 700 3 153.00 $153.00 $1,071
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
828 828 9 146.00 $146.00 $1,209
916 916 4 132.00 $132.00 $1,209
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
594 unweaned 594 5 146.00 $146.00 $867

↑ Back to top

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
593 unweaned 593 4 171.00 $171.00 $1,014
684 unweaned 684 8 163.50 $163.50 $1,118
975 975 1 111.00 $111.00 $1,082
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
415–449 unweaned 434 7 210.00–230.00 $218.19 $947
Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1088 1088 6 107.50 $107.50 $1,170

↑ Back to top

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
681–960 714 85-90% 9 30.00–42.50 $32.41 $231
835–983 893 85-90% 19 42.00–48.50 $45.58 $407
940–995 968 85-90% 7 51.00–57.00 $53.40 $517
1072–1275 1145 85-90% 6 36.50–42.00 $39.34 $450
1005–1380 1169 85-90% 68 45.00–54.50 $50.39 $589 -4.07
132–1432 1196 85-90% 38 55.00–61.00 $57.28 $685 +4.11
835–1302 1202 85-90% 142 50.00–55.00 $53.44 $642 -17.76
1105–1335 1216 85-90% 6 67.00–70.00 $68.69 $835 -2.51
940–1309 1242 85-90% 202 55.00–62.50 $58.49 $726 -2.66
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1330–1615 1382 80-85% 63 55.00–64.00 $58.91 $814 -14.08
1315–1530 1389 80-85% 71 51.00–63.00 $57.66 $801 -15.33
1307–1668 1421 80-85% 119 64.00–74.00 $68.39 $972 +9.36
1410–1695 1521 80-85% 13 61.00–70.00 $65.02 $989
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1645–1659 1657 75-80% 12 69.50 $69.50 $1,152
1590–1727 1675 75-80% 15 62.50–68.50 $66.48 $1,114

↑ Back to top

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1380–2030 1700 43 69.00–83.00 $78.53 $1,335 -2.54
1537–1910 1763 14 85.00–88.00 $85.97 $1,516 -4.92
1555–2340 1906 15 63.00–84.00 $78.21 $1,491
1640–2440 1960 17 85.00–92.00 $87.39 $1,713
2015 2015 1 95.00 $95.00 $1,914

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
791–815 thin fleshed 796 (<2 yrs)Open 5 87.50–103.00 $90.67 $722
755–1133 988 (<2 yrs)Open 99 80.00–110.00 $94.81 $937
800–1400 1104 Young (2-4 yrs)Open 91 59.00–95.00 $74.41 $821
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
855–1066 955 (<2 yrs)Open 11 72.00–80.00 $76.72 $733
1095 1095 Young (2-4 yrs)Open 1 60.00 $60.00 $657

↑ Back to top

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1145 thin fleshed 1145 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 5 650.00 $650.00
1193 thin fleshed 1193 Middle Aged/Aged (>5 yrs)2nd/3rd Stage (4-9 mo) 11 750.00 $750.00
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1199 thin fleshed 1199 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 3 800.00 $800.00
1315 1315 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 1,200.00 $1,200.00
1330 1330 Middle Aged/Aged (>5 yrs)2nd/3rd Stage (4-9 mo) 6 1,025.00 $1,025.00
1342–1370 1349 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 4 925.00–975.00 $937.69

↑ Back to top

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.