Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, June 26, 2024

1,062 head sold ·Official USDA report

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

light 9-weight M&L 1 heifers $219.00/cwt ≈ $2,026/hd at 925 lb · 17 head
heavy 8-weight L 1 heifers $224.00/cwt ≈ $1,991/hd at 889 lb · 16 head
light 5-weight M 1 heifers $297.30/cwt ≈ $1,567/hd at 527 lb · 15 head
HeadThis saleLast saleLast year
Total receipts 1,062 2,357 860
Feeder cattle 217 699 237
Slaughter cattle 547 721 506
Replacement cattle 298 937 117

Compared to last week: Feeder cattle offerings were too lightly tested to develop any market trend. Quality was mostly plain to average this week and mostly offered in small lots or as singles. Demand for limited offerings was good to very good. Market activity was mostly active with a moderate size crowd on hand actively bidding on offerings. Today and tomorrow are buyers last chance to buy cattle before the 4th of July holiday break, as no sales will be held next week. Weigh up cows comprised most of todays offering. Demand was good to very good for moderate to heavy offerings. Additional packers were in the market again this week and they showed very good demand for cows for immediate and for next week's harvest. All offerings sold steady to 2.00 higher. Demand for feeding cows was good as well, as packers and feeding buyers both competed over high quality offerings suitable to feed. Feeding cows sold mostly mostly 1.00-2.00 higher, however most offerings were purchased for harvest. Packer buyers trying to buy high quality cows to feed were forced to pay up for cows again this week in order to secure offerings. All thin light boning and lean cows are in the report as slaughter cows this week as the 4th of July holiday break starts next week. Cow quality was mostly average to attractive today. Weigh up conditions were mostly average to above average this week, however yielding conditions were not as attractive this week as they were last week. Many cows are starting to put on flesh from grass and some offerings are starting to hold some fill. Slaughter bulls sold 4.00-6.00 higher. Bulls Quality today was mostly attractive. Packers and some private feeding buyers opted to feed several sets of light to middle weight bulls again this week. Demand for bulls suitable to feed was very good and these offerings sold mostly 4.00-8.00 higher than last week. Young age cows suitable to feed or rebreed sold generally steady. Demand for very high quality offerings remains very good.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
621 621 12 315.00 $315.00 $1,956 -5.00
710–712 711 6 284.00 $284.00 $2,019 -5.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
540 540 6 326.00 $326.00 $1,760 +4.32
575 575 2 310.00 $310.00 $1,782
865–896 892 7 239.00–242.50 $239.49 $2,136

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
596 596 8 289.00 $289.00 $1,722
619 619 14 285.00 $285.00 $1,764
675–699 691 6 257.00–262.50 $258.79 $1,788 -7.21
760–775 763 6 247.00 $247.00 $1,885 +3.00
810 810 8 241.00 $241.00 $1,952 +11.00
856–878 863 10 231.00–232.00 $231.69 $1,999 +0.19
925 925 17 219.00 $219.00 $2,026
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
889 889 16 224.00 $224.00 $1,991
982 982 3 203.00 $203.00 $1,993
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
505–533 527 15 295.00–307.00 $297.30 $1,567
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
521 521 5 282.50 $282.50 $1,472
586 586 4 265.00 $265.00 $1,553
Medium 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
428 428 3 250.00 $250.00 $1,070
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt Head Price range Avg $ Δ last sale
125 125 1 325.00 $325.00

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
680 680 2 271.00 $271.00 $1,843
720 720 1 251.00 $251.00 $1,807
787 787 3 241.00 $241.00 $1,897
898 898 2 225.00 $225.00 $2,020 -6.71
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt Head Price range Avg $ Δ last sale
68 68 2 425.00 $425.00 -175.00

↑ Back to top

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1245–1418 1361 80-85% 5 123.00–136.00 $130.38 $1,774 -19.19
1203–1593 1395 80-85% 28 138.00–145.00 $142.16 $1,983 +13.95
1305–1546 1401 80-85% 95 147.00–154.50 $150.56 $2,109 +16.80
1200–1550 1404 80-85% 6 131.00–136.00 $133.68 $1,877 -0.08
1190–1610 1406 80-85% 101 137.00–147.00 $141.26 $1,986 +7.50
1245–1518 1437 80-85% 29 147.00–153.50 $148.88 $2,139 +15.12
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
905–935 920 85-90% 2 127.00 $127.00 $1,168 +25.00
960 960 85-90% 1 134.00 $134.00 $1,286
1060 1060 85-90% 1 111.00 $111.00 $1,177
1080–1160 1120 85-90% 2 142.00–146.00 $143.93 $1,612 +18.19
1095–1213 1174 85-90% 3 120.00–130.00 $126.89 $1,490 +2.94
1055–1300 1181 85-90% 8 119.00–130.00 $124.87 $1,475 -10.31
995–1278 1184 85-90% 14 132.50–139.00 $135.84 $1,608 -0.09
1070–1291 1206 85-90% 33 130.00–140.00 $136.50 $1,646 -5.91
1150–1270 1237 85-90% 19 140.00–146.00 $143.79 $1,779 +1.38
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1538 1538 75-80% 2 145.00 $145.00 $2,230 -9.00
1454–1825 1546 75-80% 19 149.00–154.00 $150.44 $2,326 -3.56
1475–1625 1549 75-80% 7 148.00–154.50 $151.69 $2,350 -2.31
1635–1670 1653 75-80% 2 134.00–136.00 $134.99 $2,231
1608–1985 1744 75-80% 14 141.00–148.00 $144.39 $2,518

↑ Back to top

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1300–1610 1508 14 156.00–171.00 $166.19 $2,506
1405–1610 1533 3 135.00–155.00 $142.77 $2,189
1485–1685 1585 2 140.00–149.00 $144.78 $2,295
1670–2240 1825 21 156.00–174.00 $168.32 $3,072
1575–2390 1998 50 175.00–192.50 $183.71 $3,671

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
885–1325 1071 (<2 yrs)Open 143 149.00–201.00 $188.18 $2,015
905–1470 1123 Young (2-4 yrs)Open 61 141.00–191.00 $160.67 $1,804
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
950–965 958 Young (2-4 yrs)Open 2 150.00–157.50 $153.78 $1,473
972–1275 1051 (<2 yrs)Open 10 143.00–180.00 $159.99 $1,681

↑ Back to top

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1243 1243 Young (2-4 yrs)2nd Stage (4-6 mo) 2 2,000.00 $2,000.00

↑ Back to top

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1523 1523 Middle Aged/Aged (>5 yrs)Open 3 2,650.00 $2,650.00 +114.89
1605 1605 Young/Middle Aged (2-8 yrs)1st Stage (1-3 mo) 11 3,250.00 $3,250.00 +900.00
1661 1661 Aged (>8 yrs)1st Stage (1-3 mo) 13 2,850.00 $2,850.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1260 1260 Middle Aged/Aged (>5 yrs)Open 1 2,250.00 $2,250.00 -150.00
1342 1342 Aged (>8 yrs)Open 5 2,575.00 $2,575.00 +457.04

↑ Back to top

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.