Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, April 5, 2023

691 head sold ·Official USDA report

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

light 4-weight M 1 heifers $235.50/cwt ≈ $1,036/hd at 440 lb · 43 head
light 5-weight M&L 1 heifers $227.62/cwt ≈ $1,163/hd at 511 lb · 34 head
light 4-weight M 1 steers $272.50/cwt ≈ $1,207/hd at 443 lb · 33 head
HeadThis saleLast saleLast year
Total receipts 691 809 658
Feeder cattle 374 239 216
Slaughter cattle 216 358 284
Replacement cattle 101 212 158

Compared to last week: Feeder cattle were too lightly tested to develop an accurate market trend, steady to firm undertones were noticed on all feeders on offer. Demand for feeders was mostly moderate to good for light offerings. Quality this week was mostly plain and limited demand. Most feeders were sold in small packages or as singles. Market activity was mostly moderate to active. Weigh up cows sold on mostly good demand for light to moderate offerings. Slaughter cows sold 2.00-3.00 higher on all classes. Cow and bull quality this week was plain to average. Weigh up conditions were mostly below average as most cows were pushing heavy amounts of fill. Packer buyers opted to send a few set of cows to feed again this week. Feeding cows sold 3.00-4.00 higher as buyers bid aggressively on limited attractive offerings. Slaughter bulls sold generally steady in a narrow comparison. Young age cows suitable to feed or rebreed sold on mostly good to very good demand. Buyers showed the best demand for high quality cows which had lost calves. Young offerings sold mostly 10.00 higher in a narrow comparison.

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
555–559 557 20 250.00–254.00 $252.19 $1,405 +4.19
629 629 16 229.00 $229.00 $1,440
678–686 682 10 215.00–220.00 $217.49 $1,483 +0.91
694 694 5 203.00 $203.00 $1,409 -13.58
737 737 21 198.00 $198.00 $1,459
930 930 8 168.00 $168.00 $1,562
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
350–397 384 22 266.00–270.00 $269.01 $1,033
443 443 33 272.50 $272.50 $1,207
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
458–476 470 6 262.50–272.50 $265.75 $1,249
523 523 6 254.00 $254.00 $1,328 +5.00
560 560 1 235.00 $235.00 $1,316 +7.00
818 818 3 177.00 $177.00 $1,448
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
263 263 5 260.00 $260.00 $684
309 309 6 255.00 $255.00 $788

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
510–530 511 34 227.00–230.00 $227.62 $1,163
600 600 5 223.00 $223.00 $1,338
676 676 24 210.00 $210.00 $1,420 +23.76
700 700 1 181.00 $181.00 $1,267
763–799 790 8 163.00–167.00 $166.03 $1,312
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
335 335 14 235.00 $235.00 $787
384 384 13 235.00 $235.00 $902
440 440 43 235.50 $235.50 $1,036
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
523 523 5 225.00 $225.00 $1,177

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
540 540 2 235.00 $235.00 $1,269
947 947 3 160.00 $160.00 $1,515
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
910 910 2 152.00 $152.00 $1,383 +5.00

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1318–1470 1346 80-85% 34 93.00–98.50 $96.69 $1,301
1345–1558 1395 80-85% 17 100.50–106.00 $104.62 $1,459
1375–1480 1407 80-85% 11 89.00–95.00 $91.86 $1,292 -0.43
1350–1620 1447 80-85% 8 86.00–91.50 $89.85 $1,300 -2.03
1297–1674 1453 80-85% 41 93.00–98.50 $95.42 $1,386 -3.20
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
933 933 85-90% 2 70.00 $70.00 $653
1130 1130 85-90% 1 88.00 $88.00 $994 +2.37
990–1310 1177 85-90% 10 78.00–87.00 $83.28 $980 +3.96
1145–1282 1223 85-90% 19 89.00–95.00 $92.00 $1,125 +3.41
1195–1296 1276 85-90% 5 97.00–97.50 $97.41 $1,243
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1460–1790 1625 75-80% 21 95.00–99.50 $97.83 $1,590 +2.96
1540–1880 1672 75-80% 10 90.00–94.50 $92.52 $1,547

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1095 1095 1 94.00 $94.00 $1,029
1365–1885 1681 9 92.00–107.00 $100.05 $1,682
1515–1930 1735 3 110.00–113.00 $111.79 $1,940
2115 2115 1 138.00 $138.00 $2,919
YG2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
2158 2158 3 116.00 $116.00 $2,503

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
945 thin fleshed 945 (<2 yrs)Open 2 132.50 $132.50 $1,252
970 thin fleshed 970 Young (2-4 yrs)Open 1 97.50 $97.50 $946
775–1218 1036 (<2 yrs)Open 45 121.00–166.00 $146.19 $1,515
915–1470 1205 Young (2-4 yrs)Open 39 89.00–131.00 $103.90 $1,252
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
875–995 923 (<2 yrs)Open 3 142.00–143.00 $142.36 $1,314
1215 1215 Young (2-4 yrs)Open 1 92.00 $92.00 $1,118

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1208 1208 Young (2-4 yrs)3rd Stage (7-9 mo) 2 1,775.00 $1,775.00

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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.