Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, January 10, 2024

1,635 head sold ·Official USDA report

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

light 7-weight M&L 1-2 heifers $204.75/cwt ≈ $1,476/hd at 721 lb · 24 head
light 8-weight M&L 1-2 heifers $201.00/cwt ≈ $1,636/hd at 814 lb · 11 head
HeadThis saleLast saleLast year
Total receipts 1,635 1,199 2,534
Feeder cattle 98 383 180
Slaughter cattle 735 661 534
Replacement cattle 802 155 1,820

Compared to last sale: Feeder cattle offerings were limited today as this sale featured bred cows and weigh ups. Most feeders were off tested open yearling heifers. Quality was average to attractive. Demand was mostly good for very light offerings. Market activity was moderate. Weigh up cows sold on mostly moderate to good demand for moderate to heavy offerings. Slaughter cows sold mostly steady to 3.00 higher on breaking cows, boing cows sold steady to 1.00 higher and lean cows sold steady to 2.00 higher. Only a small portion of the cow offering was purchased for slaughter this week as both packers and private buyers put most of the offering away on feed. Packer buyers, in a surprising move, put a few thin cows away on feed. Usually these type offerings are only purchased in November and December for the holiday lull, however packers showed concern for supplies going forward and purchased several sets of thin cows to hold for the coming months. Feeding cows sold steady to 2.00 higher for high quality cows suitable to feed to premium white. A large pool of feeding cow buyers were seen again this week and cows suitable to feed sold with the best demand. Quality this week was mostly average to attractive. Weigh up conditions were mixed. Slaughter bulls traded mostly 2.00-3.00 higher with the best demand seen for high quality, high yielding bulls. Young age cows sold mostly steady in a narrow comparison. Demand from rebreed buyers was slightly better this week as a few buyers purchased cows for that purpose. Quality was mostly average today. Todays sale featured almost 1000 head of bred cows and heifers. Demand was mostly moderate for light to moderate offerings.

New to these tables? Plain-English explainers ↓

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
708–722 721 24 202.00–205.00 $204.75 $1,476
814 814 11 201.00 $201.00 $1,636
870 870 1 196.00 $196.00 $1,705 +12.70
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
771 771 6 211.00 $211.00 $1,627
873–897 887 5 201.00–207.00 $203.36 $1,804
905 905 1 197.00 $197.00 $1,783
1008 1008 2 195.00 $195.00 $1,966
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
803 803 4 180.00 $180.00 $1,445
975 975 2 178.00 $178.00 $1,736

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
525 525 1 240.00 $240.00 $1,260

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Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
905 905 85-90% 1 60.00 $60.00 $543 +11.59
950 950 85-90% 1 78.00 $78.00 $741
1060–1170 1080 85-90% 20 55.00–66.00 $63.84 $689 +4.41
880–1285 1118 85-90% 107 72.50–84.50 $79.41 $888 +16.41
1115–1285 1151 85-90% 9 83.00–89.00 $86.71 $998 +8.42
1123–1255 1154 85-90% 8 93.00–95.00 $93.82 $1,083 +15.53
1010–1384 1194 85-90% 40 71.00–83.50 $78.24 $934 -0.05
1084–1345 1212 85-90% 76 82.00–93.50 $87.35 $1,059 +15.34
1259–1358 1314 85-90% 9 92.00–93.00 $92.43 $1,215
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1231–1670 1361 80-85% 164 85.00–98.00 $92.79 $1,263 +11.19
1315–1600 1378 80-85% 13 79.00–85.00 $83.51 $1,151 +1.91
1323–1480 1381 80-85% 10 78.00–83.00 $80.06 $1,106 -1.54
1345–1483 1423 80-85% 4 85.00–96.00 $88.38 $1,258 +11.97
1494 1494 80-85% 4 103.50 $103.50 $1,546 +16.75
1515–1760 1638 80-85% 4 100.00–102.00 $100.88 $1,652
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1575–1610 1598 75-80% 5 93.00–96.50 $95.21 $1,521 +7.21
1600 1600 75-80% 1 103.50 $103.50 $1,656
1528–1702 1603 75-80% 7 91.00–92.00 $91.54 $1,467 -7.53
1603–1628 1624 75-80% 12 102.50–104.00 $103.75 $1,685 +4.68
1510–1865 1650 75-80% 5 96.50–98.00 $97.42 $1,607
1690 1690 75-80% 1 85.00 $85.00 $1,436
2215 2215 75-80% 1 102.00 $102.00 $2,259

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1145 1145 1 112.50 $112.50 $1,288
1415–1430 1422 3 82.00–91.00 $86.66 $1,232
1415–1915 1677 16 81.00–101.00 $95.91 $1,608 -4.05
1730–2125 1920 5 123.00–128.00 $126.26 $2,424

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
800–1370 978 Young (2-4 yrs)Open 12 98.00–135.00 $118.81 $1,162
775–1290 981 (<2 yrs)Open 78 122.50–170.00 $137.06 $1,345
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
905 905 Young (2-4 yrs)Open 2 100.00 $100.00 $905
1135 1135 (<2 yrs)Open 1 105.00 $105.00 $1,192

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1040–1490 1250 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 49 2,200.00–2,700.00 $2,430.80
1271 1271 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 8 2,300.00 $2,300.00
1226–1540 1329 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 131 1,450.00–1,585.00 $1,546.92
1367 1367 Young/Middle Aged (2-8 yrs)2nd/3rd Stage (4-9 mo) 5 2,250.00 $2,250.00
1271–1649 1425 Middle Aged/Aged (>5 yrs)2nd/3rd Stage (4-9 mo) 137 1,525.00–1,825.00 $1,674.18
1475 1475 Aged (>8 yrs)3rd Stage (7-9 mo) 1 1,510.00 $1,510.00
1528 1528 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 4 2,150.00 $2,150.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1089 1089 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 8 2,050.00 $2,050.00
1049–1118 1095 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 29 2,060.00–2,160.00 $2,132.65
1223 1223 Young (2-4 yrs)2nd Stage (4-6 mo) 3 1,675.00 $1,675.00
1233 1233 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 3 1,450.00 $1,450.00
1276 1276 Middle Aged/Aged (>5 yrs)2nd/3rd Stage (4-9 mo) 5 1,425.00 $1,425.00
1398 1398 Young/Middle Aged (2-8 yrs)2nd/3rd Stage (4-9 mo) 4 2,200.00 $2,200.00
1230–1508 1404 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 11 1,550.00–1,625.00 $1,585.87
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1338–1420 1384 Middle Aged/Aged (>5 yrs)1st Stage (1-3 mo) 9 92.50–94.50 $93.64 $1,296
1546 1546 Middle Aged/Aged (>5 yrs)1st/2nd Stage (1-6 mo) 7 104.00 $104.00 $1,608

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
936–1149 1065 (<2 yrs)3rd Stage (7-9 mo) 106 2,150.00–2,410.00 $2,324.20
1107 1107 (<2 yrs)2nd/3rd Stage (4-9 mo) 5 2,225.00 $2,225.00
Medium 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
824–1026 868 (<2 yrs)2nd/3rd Stage (4-9 mo) 32 1,800.00–2,100.00 $1,877.55
1021 1021 (<2 yrs)3rd Stage (7-9 mo) 16 2,175.00 $2,175.00
Medium 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
802 802 (<2 yrs)1st/2nd Stage (1-6 mo) 5 1,410.00 $1,410.00
831 831 (<2 yrs)2nd/3rd Stage (4-9 mo) 8 1,550.00 $1,550.00

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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.