Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, June 12, 2024

860 head sold ·Official USDA report

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

heavy 8-weight M&L 1 bulls $231.12/cwt ≈ $1,997/hd at 864 lb · 10 head
HeadThis saleLast saleLast year
Total receipts 860 918 581
Feeder cattle 77 75 94
Slaughter cattle 583 578 349
Replacement cattle 200 265 138

Compared to last week: Feeder cattle offerings were too lightly tested to develop any market trend. Todays sale offered mostly weigh up cows, bred cows and cow-calf pairs. Demand for feeder cattle was good for very light offerings. Most feeders were offered in small groups or as singles. Market activity was mostly moderate to active. Weigh up cows sold on good to very good demand for moderate offerings. Packers showed very good demand for cows both for immediate harvest and to feed. Packers opted to send most sound cows to feed this week, as they purchased thin cows to feed for the upcoming 4th of July holiday and high quality cows to feed to premium white. Slaughter cows sold steady to 1.00 higher on all classes of slaughter cows. High quality feeding cows, suitable to feed to premium white, sold mostly steady to 2.00 higher. Thin, short term feeding cows sold mostly 2.00-3.00 higher. Cow quality was mostly attractive to attractive today, however quality was not as attractive overall as it was last week. Many sets of cows showed thinner body condition scores this week. Weigh up conditions were mostly average this week. Temperatures warmed into the upper 80s for todays sale and many cows sold somewhat full as a result. Slaughter bulls sold 3.00-5.00 higher in a narrow comparison. Bulls, like todays cow offering, showed some fill come sale time. Packers opted to feed several sets of light to middle weight bulls as they purchased bulls to feed for the upcoming 4th of July holiday. Demand for bulls suitable to feed was very good. Young age cows suitable to feed or rebreed sold 5.00-10.00 higher. Additional buyers were in the market this week searching for high quality cows suitable to rebreed. Demand for high quality offerings was very good. Quality was mostly average to attractive and similar to last week.

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
602 602 3 302.50 $302.50 $1,821
670–698 681 7 275.00–280.00 $276.70 $1,884 -15.80
808 808 3 205.00 $205.00 $1,656
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
703–713 707 8 278.00–279.00 $278.38 $1,968
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
770 770 2 242.00 $242.00 $1,863

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
475 475 1 335.00 $335.00 $1,591
676 676 4 260.00 $260.00 $1,758
748 748 3 249.00 $249.00 $1,863
760–773 769 3 241.00–248.00 $243.31 $1,871 -4.19
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
615–640 628 2 251.00–255.00 $252.96 $1,589 -18.29
710 710 1 246.00 $246.00 $1,747
Small 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
575 575 3 165.00 $165.00 $949

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hdΔ last sale
851–895 864 10 222.50–235.00 $231.12 $1,997
1445 1445 (<2 yrs)N/A 1 156.00 $156.00 $2,254
Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1190–1195 1193 2 166.00–175.00 $170.49 $2,034
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1105 1105 1 207.50 $207.50 $2,293 +7.50
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
400 400 1 320.00 $320.00 $1,280

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1320 1320 80-85% 1 116.00 $116.00 $1,531
1230–1448 1375 80-85% 3 141.50–142.00 $141.65 $1,948 +3.88
1200–1625 1376 80-85% 205 130.00–141.50 $139.21 $1,916 +1.44
1250–1580 1416 80-85% 44 141.00–148.50 $143.89 $2,037 +7.29
1272–1655 1442 80-85% 46 130.50–140.00 $136.67 $1,971 +6.56
1320–1565 1443 80-85% 2 123.00 $123.00 $1,775 -7.11
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
670–800 732 85-90% 10 77.50–91.00 $88.45 $647
815–935 880 85-90% 11 98.00–115.00 $106.82 $940 +5.23
1065 1065 85-90% 1 101.00 $101.00 $1,076
915–1177 1068 85-90% 10 120.00–125.00 $122.30 $1,306
1095 1095 85-90% 1 90.00 $90.00 $986
1105–1175 1140 85-90% 2 132.00–134.00 $132.97 $1,516
963–1308 1152 85-90% 40 127.50–137.00 $134.22 $1,546 +12.81
1080–1310 1160 85-90% 4 110.00–119.00 $114.33 $1,326 -7.08
1081–1245 1184 85-90% 31 138.00–142.50 $139.40 $1,650 +9.35
1210–1275 1259 85-90% 4 137.00–146.00 $139.92 $1,762
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1555–1565 1558 75-80% 3 145.50–147.00 $146.50 $2,282 +1.00
1438–1729 1632 75-80% 6 142.00 $142.00 $2,317
1610–1770 1694 75-80% 7 137.50–140.00 $139.22 $2,358 -5.43
1625–1730 1694 75-80% 8 130.00–135.00 $133.75 $2,266 -10.90
1620–1775 1698 75-80% 2 143.50–149.00 $146.38 $2,486 +1.73

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1450 1450 1 142.00 $142.00 $2,059
1310–1820 1609 18 152.00–164.00 $159.03 $2,559
1680–1870 1774 4 132.00–147.00 $142.20 $2,523 -6.80
1520–2255 1891 13 152.00–165.00 $158.35 $2,994
1650–2305 1985 42 166.00–188.00 $175.18 $3,477
2540 2540 1 178.00 $178.00 $4,521
YG2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1805–2405 2105 2 165.00 $165.00 $3,473

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
780–1385 1059 (<2 yrs)Open 70 155.00–230.00 $193.43 $2,048
912–1360 1162 Young (2-4 yrs)Open 74 134.00–203.00 $162.85 $1,892
1220 1220 Young/Middle Aged (2-8 yrs)Open 8 139.50 $139.50 $1,702
1240 1240 (<2 yrs)Open 1 157.00 $157.00 $1,947
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
905–1065 1011 (<2 yrs)Open 6 142.50–195.00 $160.55 $1,623
1055–1125 1078 Young (2-4 yrs)Open 3 144.00–150.00 $146.09 $1,575

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1143 1143 Young (2-4 yrs)2nd Stage (4-6 mo) 3 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
1491 1491 Aged (>8 yrs)Open 4 2,500.00 $2,500.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1635 1635 Middle Aged (5-8 yrs)Open 1 2,500.00 $2,500.00

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N/N/A ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1285 1285 85-90% 1 114.00 $114.00 $1,465

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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.