Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, May 22, 2024

1,706 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 1,706 1,953 1,053
Feeder cattle 30 1,673 142
Slaughter cattle 321 222 649
Replacement cattle 1,355 58 262

Compared to last week: Feeder cattle offerings were too lightly tested to develop any market trend. Todays sale featured weigh up cows, breds and cow-calf pairs. Weigh up cows sold on good to very good demand for light offerings. Packers showed very good demand for cows for immediate harvest with cows going to slaughter in several different states. Several packers were present this week with some buying over the internet. Slaughter cows sold mostly steady to 1.00 higher on breaking and boning cows, lean cows sold mostly 2.00-4.00 higher. Feeding cows sold mostly 1.00 to 2.00 higher. Cow quality was average to attractive today. Weigh up conditions were mostly mixed with both full and empty cows seen. Slaughter bulls sold 3.00 to 5.00 higher in a narrow comparison. Several very high yielding bulls were seen this sale and these offerings were met with very good demand. Young age cows suitable to feed or rebreed sold 5.00-10.00 higher. Cows which lost calves sold with the best demand again this week. Feeding quality cows sold at a discount to cows suitable to rebreed. Most young cows that had not had a calf sold 10.00-15.00 behind wet bagged cows. Quality this week was mostly average to attractive. Over 600 pairs sold on todays sale and demand was mostly moderate. Pair quality was mixed from average to attractive. A moderate size crowd was on hand for todays pair special.

New to these tables? Plain-English explainers ↓

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
563 563 2 305.00 $305.00 $1,717 +0.67
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
588 588 2 287.50 $287.50 $1,690 +7.50

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Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
625 625 1 280.00 $280.00 $1,750
1040 1040 1 222.50 $222.50 $2,314
1068–1095 1077 3 213.00–221.00 $215.71 $2,323
1155–1167 1164 4 197.50–207.50 $199.98 $2,328
1248 1248 9 182.00 $182.00 $2,271
Medium and Large 1 ($/head)
Weight (lb) Avg wt Head Price range Avg $ Δ last sale
125–130 127 3 500.00–600.00 $533.33

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Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
945 945 85-90% 2 110.00–121.00 $115.50 $1,091
1080 1080 85-90% 1 121.00 $121.00 $1,307
1000–1290 1132 85-90% 33 106.50–125.00 $117.74 $1,333 -0.79
1145–1240 1182 85-90% 6 135.00–140.00 $136.04 $1,608 +7.34
1025–1285 1199 85-90% 29 126.00–132.00 $129.30 $1,550 +0.60
1135–1280 1200 85-90% 14 127.00–133.50 $132.66 $1,592 +7.66
1231–1240 1232 85-90% 8 134.00–137.00 $136.62 $1,683 +11.62
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1245–1364 1349 80-85% 8 140.00–144.00 $143.54 $1,936
1260–1540 1353 80-85% 24 130.00–140.00 $137.53 $1,861 +2.33
1268–1505 1379 80-85% 17 128.50–140.00 $135.29 $1,866 +0.50
1270–1545 1420 80-85% 31 141.50–149.00 $145.24 $2,062 +2.74
1325–1520 1435 80-85% 9 116.00–128.00 $125.21 $1,797 +0.76
1523 1523 80-85% 3 126.00 $126.00 $1,919
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1470–1630 1550 75-80% 2 143.50–147.00 $145.34 $2,253 +0.84
1445–1680 1553 75-80% 5 137.00–139.00 $137.84 $2,141 -6.66
1590 1590 75-80% 1 141.00 $141.00 $2,242 -3.50
1500–1790 1666 75-80% 4 131.00–135.00 $132.14 $2,201
1655–1910 1765 75-80% 4 144.50–145.00 $144.88 $2,557

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1365–1745 1612 9 135.00–143.00 $140.02 $2,257
1620–2260 1816 4 146.00–159.00 $152.75 $2,774
1718–2445 2039 27 161.00–179.75 $168.10 $3,428
YG2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1735 1735 1 157.00 $157.00 $2,724

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
783 thin fleshed 783 (<2 yrs)Open 2 205.00 $205.00 $1,605
830–1255 972 (<2 yrs)Open 73 163.00–222.50 $201.94 $1,963
900–1355 1105 Young (2-4 yrs)Open 47 140.00–210.00 $172.97 $1,911
1285 1285 (<2 yrs)Open 1 165.00 $165.00 $2,120
Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1042–1108 1068 (<2 yrs)Open 5 162.50–182.50 $174.20 $1,860
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
825–1135 949 (<2 yrs)Open 4 155.00–200.00 $180.06 $1,709
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1603 1603 Middle Aged (5-8 yrs)Open 3 2,775.00 $2,775.00

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1020–1370 1253 Young (2-4 yrs)3rd Stage (7-9 mo) 13 2,200.00–2,450.00 $2,372.34
1346 1346 Aged (>8 yrs)3rd Stage (7-9 mo) 10 1,800.00 $1,800.00
1380 1380 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 3 1,700.00 $1,700.00
1362–1433 1406 Middle Aged/Aged (>5 yrs)3rd Stage (7-9 mo) 8 1,775.00–1,900.00 $1,854.60
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1429 1429 Middle Aged/Aged (>5 yrs)2nd/3rd Stage (4-9 mo) 4 128.50 $128.50 $1,836

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1006 thin fleshed 1006 Young (2-4 yrs)Open 31 2,950.00 $2,950.00
1211–1358 thin fleshed 1236 Young (2-4 yrs)Open 12 2,950.00–2,975.00 $2,954.58
1216–1423 1323 Young (2-4 yrs)Open 127 3,000.00–3,500.00 $3,135.94
1415 thin fleshed 1415 Middle Aged (5-8 yrs)Open 1 2,600.00 $2,600.00
1434 thin fleshed 1434 Middle Aged/Aged (>5 yrs)Open 25 2,600.00 $2,600.00
1232–1661 1473 Middle Aged (5-8 yrs)Open 34 2,700.00–3,100.00 $2,886.88
1390–1835 1627 Middle Aged/Aged (>5 yrs)Open 62 2,750.00–2,975.00 $2,913.32
1643–1755 1653 Aged (>8 yrs)Open 25 2,725.00–2,825.00 $2,768.81
1879 1879 Middle Aged/Aged (>5 yrs)Open 5 3,250.00 $3,250.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1349 thin fleshed 1349 Aged (>8 yrs)Open 9 2,200.00 $2,200.00
1358–1365 1361 Aged (>8 yrs)Open 48 2,350.00–2,475.00 $2,399.63
1398 thin fleshed 1398 Aged (>8 yrs)Open 2 2,150.00 $2,150.00
1475 1475 Middle Aged/Aged (>5 yrs)Open 2 2,425.00 $2,425.00
1475 1475 Aged (>8 yrs)Open 18 2,525.00 $2,525.00
Medium 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1068 1068 Young (2-4 yrs)Open 10 2,675.00 $2,675.00
1075–1112 1087 Young (2-4 yrs)Open 16 2,875.00–3,025.00 $2,922.97
Medium 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
891 891 Young (2-4 yrs)Open 5 2,050.00 $2,050.00

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1144–1630 1224 (<2 yrs)Open 93 3,100.00–3,800.00 $3,310.23
Medium 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
997 997 (<2 yrs)Open 12 2,900.00 $2,900.00

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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.