Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, January 11, 2023

2,534 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 1-2 heifers $168.43/cwt +3.86 vs last sale · ≈ $965/hd at 573 lb · 14 head
HeadThis saleLast saleLast year
Total receipts 2,534 1,017 1,555
Feeder cattle 180 333 190
Slaughter cattle 534 517 688
Replacement cattle 1,820 167 677

Compared to last week: Feeder cattle were too lightly tested this sale to develop any market trend as todays sale featured mostly bred cows and heifers. Feeder cattle quality was mostly plain. Most calves were offered in small packages or as singles. Demand was mostly light to moderate for light offerings. Market activity was slow. Weigh up cows sold on mostly moderate demand and offerings. Eastern packers showed lighter demand for slaughter cows this week, however demand from western packers remains moderate too good. Slaughter cows sold steady to weak on all offerings. Demand improved late in the sale as additional buyers entered the market. Feeding cows sold generally steady to firm on a light offering. Demand for feeding cows was mostly good this week, however quality was mostly plain to average, with a limited offering of attractive quality cows seen. Slaughter bulls sold steady to 2.00 lower. Young age cows sold generally steady on a light offering. Yearlings were included in the stock cow section of the report below. Todays sale featured mostly bred cow offerings. Demand was mostly light to moderate for moderate to heavy offerings. Quality today was mixed from plain to attractive, but mostly average. The best demand was for cattle off complete dispersions. A good crowd was on hand for todays sale which streached late into the evening.

New to these tables? Plain-English explainers ↓

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
523 523 2 212.00 $212.00 $1,109
649 649 5 183.00 $183.00 $1,188 +9.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
493 493 4 200.00 $200.00 $986

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
497 497 5 176.00 $176.00 $875
572–576 573 14 167.00–169.00 $168.43 $965 +3.86
660 660 4 154.00 $154.00 $1,016 +2.00
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
555 555 3 181.00 $181.00 $1,005 +6.00
603 603 9 175.00 $175.00 $1,055 +7.64
724 724 4 160.00 $160.00 $1,158
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
467 467 6 161.00 $161.00 $752
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
633 633 2 167.00 $167.00 $1,057

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
583 583 2 173.00 $173.00 $1,009
675 675 2 152.00 $152.00 $1,026

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Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
849–855 850 85-90% 6 42.00 $42.00 $357
845–985 915 85-90% 2 52.00–55.00 $53.61 $491
995 995 85-90% 1 59.00 $59.00 $587 +4.01
960–1164 1102 85-90% 11 58.00–61.00 $60.00 $661 +0.95
1043–1200 1111 85-90% 6 42.00–51.00 $45.02 $500 -14.03
1030–1335 1154 85-90% 76 52.00–60.00 $56.21 $649 +14.32
1063–1274 1161 85-90% 39 60.50–66.00 $63.51 $737 +21.62
1050–1318 1241 85-90% 86 60.00–64.00 $62.16 $771 -3.91
1280 1280 85-90% 1 74.00 $74.00 $947
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1237–1620 1302 80-85% 11 66.00–74.00 $68.31 $889
1305–1508 1374 80-85% 47 66.00–77.00 $69.03 $948 +0.72
1330–1645 1405 80-85% 22 62.00–65.50 $64.66 $908 +1.53
1355–1560 1466 80-85% 18 60.00–65.00 $62.33 $914 -8.59
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1540 1540 75-80% 1 64.00 $64.00 $986
1550–1665 1592 75-80% 11 65.00–72.50 $69.74 $1,110
1545–1700 1608 75-80% 4 74.00–76.50 $75.50 $1,214
1690–1910 1800 75-80% 2 74.50–75.00 $74.77 $1,346

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1265 1265 1 91.00 $91.00 $1,151
1305–1905 1688 20 74.00–91.00 $83.60 $1,411
1630–2045 1900 8 92.00–102.00 $95.98 $1,824 -1.77
1915–2190 2008 3 101.00–105.00 $102.59 $2,060

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
855 thin fleshed 855 Young (2-4 yrs)Open 16 82.00 $82.00 $701
867–1175 953 (<2 yrs)Open 56 112.00–153.00 $144.83 $1,380
823–1270 1011 Young (2-4 yrs)Open 130 60.00–113.00 $94.38 $954
1068 1068 Young/Middle Aged (2-8 yrs)Open 6 71.00 $71.00 $758
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
875 thin fleshed 875 Young (2-4 yrs)Open 6 55.00 $55.00 $481
948 948 Young (2-4 yrs)Open 2 56.00 $56.00 $531
Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
935 935 Young (2-4 yrs)Open 1 82.00 $82.00 $767

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
995–1006 fancy 1001 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 83 2,050.00 $2,050.00
1046–1160 1096 Young (2-4 yrs)2nd Stage (4-6 mo) 29 1,175.00–1,400.00 $1,298.85
1097–1305 1139 Young (2-4 yrs)3rd Stage (7-9 mo) 15 1,475.00 $1,475.00
1140–1187 1155 Young (2-4 yrs)1st Stage (1-3 mo) 16 1,000.00–1,085.00 $1,057.69
1130–1298 thin fleshed 1185 Aged (>8 yrs)3rd Stage (7-9 mo) 9 900.00–935.00 $921.76
1108–1383 1209 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 47 1,400.00–1,585.00 $1,519.54
1200–1233 fancy 1215 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 40 1,975.00–2,075.00 $2,012.66
1234 1234 Aged (>8 yrs)2nd Stage (4-6 mo) 5 785.00 $785.00
1253 1253 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 9 1,250.00 $1,250.00
1133–1403 1295 Middle Aged (5-8 yrs)3rd Stage (7-9 mo) 10 1,375.00–1,400.00 $1,383.75
1244–1479 1323 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 212 950.00–1,275.00 $1,096.00
1216–1508 1332 Aged (>8 yrs)3rd Stage (7-9 mo) 37 1,025.00–1,200.00 $1,088.85
1185–1364 1336 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 85 1,410.00–1,525.00 $1,447.37
1080–1559 1338 Middle Aged/Aged (>5 yrs)2nd/3rd Stage (4-9 mo) 289 1,000.00–1,610.00 $1,339.98
1220–1383 1367 Middle Aged/Aged (>5 yrs)3rd Stage (7-9 mo) 20 1,100.00–1,525.00 $1,445.32
1305–1442 1385 Middle Aged/Aged (>5 yrs)2nd Stage (4-6 mo) 12 950.00–1,000.00 $970.05
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1165 1165 Young/Middle Aged (2-8 yrs)3rd Stage (7-9 mo) 3 1,150.00 $1,150.00
1174 1174 Young (2-4 yrs)2nd Stage (4-6 mo) 4 1,100.00 $1,100.00
1102–1340 1206 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 39 825.00–910.00 $881.94
1253 1253 Aged (>8 yrs)2nd Stage (4-6 mo) 6 775.00 $775.00
1270 1270 Aged (>8 yrs)3rd Stage (7-9 mo) 5 910.00 $910.00
1283 thin fleshed 1283 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 7 800.00 $800.00
1290 1290 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 13 1,450.00 $1,450.00
1223–1363 1298 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 16 1,175.00–1,350.00 $1,253.47
1325 1325 Middle Aged/Aged (>5 yrs)2nd/3rd Stage (4-9 mo) 3 850.00 $850.00
1326 1326 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 8 925.00 $925.00
1331 1331 Young/Middle Aged (2-8 yrs)2nd Stage (4-6 mo) 6 1,250.00 $1,250.00
Medium 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
933–965 955 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 11 1,275.00–1,325.00 $1,306.93
1229 1229 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 4 1,185.00 $1,185.00
1240 1240 Middle Aged/Aged (>5 yrs)2nd/3rd Stage (4-9 mo) 5 1,050.00 $1,050.00
Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1503 1503 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 3 1,200.00 $1,200.00

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
952 952 (<2 yrs)2nd/3rd Stage (4-9 mo) 6 1,200.00 $1,200.00
908–1082 971 (<2 yrs)2nd/3rd Stage (4-9 mo) 157 1,575.00–1,725.00 $1,664.37
1021–1075 1057 (<2 yrs)2nd Stage (4-6 mo) 12 1,200.00–1,310.00 $1,235.42
1005–1219 1065 (<2 yrs)3rd Stage (7-9 mo) 73 1,500.00–1,850.00 $1,741.32
Medium 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
817–950 849 (<2 yrs)2nd Stage (4-6 mo) 25 1,125.00–1,410.00 $1,201.54
913–925 923 (<2 yrs)2nd/3rd Stage (4-9 mo) 17 1,285.00–1,450.00 $1,421.19
974 974 (<2 yrs)3rd Stage (7-9 mo) 4 1,425.00 $1,425.00

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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.