Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, May 1, 2024

974 head sold ·Official USDA report

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

HeadThis saleLast saleLast year
Total receipts 974 1,661 835
Feeder cattle 115 1,004 199
Slaughter cattle 295 332 435
Replacement cattle 564 325 201

Compared to last week: Feeder cattle offerings were were too lightly tested today to develop any market trend. Demand for feeders was mostly moderate for light offerings. Quality today was mostly plain to average and limited demand throughout the sale. Most calves were offered in small packages or as singles this week. Market activity today was mostly moderate. Weigh up cows comprised most of the sale today. Cows sold on mostly good demand for light to moderate offerings. Demand from packers was stronger this sale compared to last week. Packers showed good demand for cows to feed and send to immediate slaughter. Slaughter cows sold steady on breaking cows, boning and lean cows sold steady to 4.00 higher. High dressing, high quality cows sold generally steady while low dressing cows all sold higher due to stronger demand from private feeding buyers. Feeding cows sold mostly steady to 4.00 higher, with the biggest increase in price coming from lower quality feeding cows. Cow quality was average to very attractive today with several strings of cows off reputation ranches. Weigh up conditions were average to above average as many cows have been out on grass and were very empty at sale time. Slaughter bulls sold 4.00-8.00 higher. Very good demand was seen for bulls for immediate slaughter. Young age cows sold generally steady. Cows which lost calves sold with the best demand this week. Feeding quality cows sold at a discount to cows suitable to rebreed. Quality this week was mostly average to very attractive.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
644 644 4 290.00 $290.00 $1,868 -16.60
703 703 3 268.00 $268.00 $1,884
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
528 528 2 320.00 $320.00 $1,690 +3.18
708–735 717 3 253.00–255.00 $254.32 $1,823

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
525–545 534 7 292.00–295.00 $293.31 $1,566 +13.31
610 610 2 274.00 $274.00 $1,671 -3.85
665–680 677 5 251.00–260.00 $252.77 $1,711 -7.54
736 736 4 246.00 $246.00 $1,811 -2.71
876 876 4 214.00 $214.00 $1,875
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
590 590 1 272.50 $272.50 $1,608 +27.50
689 689 4 218.00 $218.00 $1,502 -14.00
785–798 794 6 214.00–220.00 $215.98 $1,715

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Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1010–1044 1031 8 212.50–216.00 $215.20 $2,219
1070 1070 1 207.00 $207.00 $2,215 -4.00
1158–1185 1173 5 184.00–192.00 $187.63 $2,201
1225 1225 1 180.00 $180.00 $2,205
1278 1278 2 171.00 $171.00 $2,185
1310 1310 1 161.00 $161.00 $2,109
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
550 550 1 290.00 $290.00 $1,595
720–745 733 2 248.00–265.00 $256.35 $1,879 +4.35
805 805 1 220.00 $220.00 $1,771 +3.00
925 925 1 212.50 $212.50 $1,966
970 970 1 219.00 $219.00 $2,124 +3.00
Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1275 1275 2 155.00 $155.00 $1,976

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1255–1643 1365 80-85% 167 124.00–135.00 $130.41 $1,780 +8.81
1308–1525 1389 80-85% 37 136.00–139.00 $136.92 $1,902 +15.32
1355–1470 1415 80-85% 4 118.00–125.00 $122.84 $1,738 +4.53
1305–1563 1453 80-85% 7 124.00–132.00 $128.04 $1,860
1340–1585 1455 80-85% 17 136.50–138.50 $136.74 $1,990
1345–1658 1500 80-85% 9 112.00–117.00 $116.20 $1,743 +4.01
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
800 800 85-90% 1 90.00 $90.00 $720
910 910 85-90% 3 104.00–107.50 $106.33 $968
955 955 85-90% 1 109.00 $109.00 $1,041 +7.49
950–1210 1102 85-90% 6 91.00–97.00 $94.79 $1,045 +7.53
1055–1295 1143 85-90% 20 105.00–119.00 $110.37 $1,262 +23.11
1075–1260 1197 85-90% 15 127.00–132.00 $128.91 $1,543 +1.31
850–1325 1201 85-90% 24 112.00–120.00 $116.87 $1,404 -3.51
985–1360 1206 85-90% 67 121.00–127.00 $124.63 $1,503 +4.25
1150–1315 1253 85-90% 6 117.00–125.00 $120.84 $1,514
1270 1270 85-90% 1 127.00 $127.00 $1,613
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1410–1695 1576 75-80% 11 133.00–137.00 $134.45 $2,119
1530–1635 1593 75-80% 3 133.00–139.00 $135.37 $2,156
1630 1630 75-80% 1 140.00 $140.00 $2,282 -0.59
1675 1675 75-80% 1 129.00 $129.00 $2,161 -8.07
1755 1755 75-80% 1 119.00 $119.00 $2,088 -2.51

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1215–1298 1270 3 122.50–140.00 $134.42 $1,707
1330 1330 1 128.00 $128.00 $1,702
1369 1369 5 150.00 $150.00 $2,054 +38.00
1370–1770 1586 34 117.50–139.00 $131.37 $2,084 +3.52
1745–2350 1919 21 141.00–149.50 $146.51 $2,812
1660–2450 2160 16 154.00–163.00 $158.39 $3,421
YG2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1545–1645 1595 2 127.00–132.00 $129.58 $2,067

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
770 thin fleshed 770 (<2 yrs)Open 2 180.00 $180.00 $1,386
830–1283 980 (<2 yrs)Open 141 160.00–206.00 $185.28 $1,816
920–1425 1120 Young (2-4 yrs)Open 65 120.00–184.50 $155.00 $1,736
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
788 788 (<2 yrs)Open 3 187.50 $187.50 $1,478
885–1095 913 Young (2-4 yrs)Open 8 125.00–140.00 $134.10 $1,224
Medium 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
605 605 (<2 yrs)Open 1 170.00 $170.00 $1,028

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Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1868 1868 Middle Aged/Aged (>5 yrs)Open 4 2,550.00 $2,550.00

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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.