Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, May 17, 2023

2,886 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 heifers $262.06/cwt ≈ $1,533/hd at 585 lb · 303 head
light 6-weight M&L 1 heifers $239.91/cwt ≈ $1,487/hd at 620 lb · 282 head
heavy 7-weight M&L 1 steers $239.50/cwt ≈ $1,839/hd at 768 lb · 185 head
HeadThis saleLast saleLast year
Total receipts 2,886 1,948 3,220
Feeder cattle 2,547 11 1,991
Slaughter cattle 140 524 528
Replacement cattle 199 1,413 701

Compared to last week, feeder cattle have no comparison due to the special replacement sale last week. Trade was very active, demand very good on many load lots and packages of good quality steers and heifers. The bulk of the feeder sale consisted of heifers weighing up to 900 lbs. Slaughter and feeding cows sold mostly steady on lighter offerings.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
319 319 4 270.00 $270.00 $861
381–394 385 12 288.00–290.00 $288.68 $1,111
417–448 435 34 290.00–297.50 $294.84 $1,283
451 thin fleshed 451 6 302.50 $302.50 $1,364
461–498 475 64 287.50–292.50 $290.65 $1,381
460–485 value added 478 14 299.00–300.00 $299.28 $1,431
501 value added 501 22 290.00 $290.00 $1,453
503–542 515 92 282.00–289.00 $285.40 $1,470
563–597 587 46 273.00–280.00 $278.14 $1,633
603–615 605 23 261.00–268.00 $261.93 $1,585
608 value added 608 21 273.00 $273.00 $1,660
626 thin fleshed 626 8 274.00 $274.00 $1,715
650–668 665 65 250.00–265.00 $263.06 $1,749
714 thin fleshed 714 6 264.00 $264.00 $1,885
729–735 732 18 230.00–242.00 $235.98 $1,727
768 768 185 239.50 $239.50 $1,839
805–814 807 30 205.00–216.00 $207.59 $1,675
851–883 859 29 190.00–203.00 $201.19 $1,728
883 value added 883 60 207.00 $207.00 $1,828
922–927 926 40 197.00–200.50 $199.54 $1,848
1075 1075 2 154.00 $154.00 $1,656
1105 1105 2 150.00 $150.00 $1,658
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
425 425 4 280.00 $280.00 $1,190
585 585 4 259.00 $259.00 $1,515
643–646 645 10 240.50–249.00 $243.04 $1,568
673 673 11 245.00 $245.00 $1,649
725–737 732 12 211.00–225.00 $214.32 $1,569
798 798 2 203.00 $203.00 $1,620
828 828 2 197.00 $197.00 $1,631
915–922 919 5 168.00–182.00 $176.43 $1,621
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
303 303 2 235.00 $235.00 $712
389–398 391 10 240.00–250.00 $247.96 $970
510 510 2 215.00 $215.00 $1,096
579 579 5 230.00 $230.00 $1,332
813 813 3 165.00 $165.00 $1,341
923 923 2 160.00 $160.00 $1,477

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
380 380 11 257.00 $257.00 $977
406–445 434 43 255.00–265.00 $259.23 $1,125
480–493 488 52 253.00–266.00 $259.88 $1,268
521 fancy 521 7 264.00 $264.00 $1,375
507–541 522 131 248.00–261.00 $255.35 $1,333
550–590 567 95 245.00–260.00 $253.98 $1,440
593 value added 593 208 265.75 $265.75 $1,576
604–637 620 282 230.00–252.00 $239.91 $1,487
654–691 671 31 231.50–243.50 $237.92 $1,596
654–682 678 69 239.00–240.50 $239.93 $1,627
701–730 723 134 225.00–239.00 $237.33 $1,716
750 value added 750 4 226.00 $226.00 $1,695
753–794 775 72 196.00–210.00 $205.01 $1,589
812–829 813 156 196.00–210.00 $209.35 $1,702
853–869 861 8 166.00–178.00 $172.06 $1,481
888 888 10 183.00 $183.00 $1,625
954 954 7 171.00 $171.00 $1,631
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
412 412 3 247.50 $247.50 $1,020
472–483 476 15 241.00–244.00 $242.22 $1,153
541 541 13 244.00 $244.00 $1,320
553–595 576 23 224.00–239.00 $228.81 $1,318
621 621 6 230.00 $230.00 $1,428
655–686 672 25 207.00–225.00 $215.10 $1,445
709–730 722 10 217.00–222.50 $220.34 $1,591
778–791 783 10 177.00–184.00 $181.17 $1,419
816–843 829 16 168.00–185.00 $180.46 $1,496
888 888 2 166.00 $166.00 $1,474
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
288 288 2 223.00 $223.00 $642
373–392 385 8 200.00–207.50 $202.73 $781
405–418 412 6 200.00–210.00 $205.08 $845
577 577 3 202.50 $202.50 $1,168
612 612 3 205.00 $205.00 $1,255
655 655 2 197.50 $197.50 $1,294
737 737 3 160.00 $160.00 $1,179
845 845 3 153.00 $153.00 $1,293

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
473 473 2 282.00 $282.00 $1,334
561 561 3 277.50 $277.50 $1,557
603 603 2 254.00 $254.00 $1,532
725–748 735 9 215.00–225.00 $220.48 $1,621
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
514 514 4 252.00 $252.00 $1,295
592 592 5 248.00 $248.00 $1,468

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1090–1293 1188 80-85% 30 90.00–99.50 $95.79 $1,138
1292 1292 80-85% 3 78.00 $78.00 $1,008
1332 1332 80-85% 3 87.50 $87.50 $1,166
1120–1393 1337 80-85% 21 92.00–96.00 $93.90 $1,255
1365–1755 1560 80-85% 2 101.50–103.00 $102.34 $1,597
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1425–1593 1466 75-80% 14 97.00–101.00 $98.25 $1,440
1140–1630 1469 75-80% 11 102.50–109.00 $104.42 $1,534
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1020–1070 1037 85-90% 4 68.00–75.00 $71.96 $746
1010–1265 1133 85-90% 9 89.00–95.00 $94.16 $1,067
1050–1350 1171 85-90% 6 83.00–87.00 $84.20 $986 +4.27

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1510–1530 1520 2 92.00–109.00 $100.56 $1,529
1875–2185 2014 4 116.00–123.00 $120.83 $2,434
2058 2058 2 131.00 $131.00 $2,696

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
862–1081 970 (<2 yrs)Open 39 132.50–180.00 $160.22 $1,554
815–1500 1107 Young (2-4 yrs)Open 25 100.00–175.00 $119.39 $1,322

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1325 1325 Middle Aged (5-8 yrs)3rd Stage (7-9 mo) 1 1,800.00 $1,800.00

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
703–717 708 (<2 yrs)3rd Stage (7-9 mo) 142 1,725.00 $1,725.00

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1400 1400 Young (2-4 yrs)Open 1 2,250.00 $2,250.00 -531.54

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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.