Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, January 8, 2025

1,134 head sold ·Official USDA report

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

light 6-weight M&L 1 steers $316.82/cwt ≈ $2,009/hd at 634 lb · 44 head
heavy 4-weight M&L 1 steers $381.00/cwt -18.48 vs last sale · ≈ $1,791/hd at 470 lb · 23 head
heavy 5-weight M&L 1 heifers $308.65/cwt +29.65 vs last sale · ≈ $1,741/hd at 564 lb · 17 head
HeadThis saleLast saleLast year
Total receipts 1,134 2,011 1,635
Feeder cattle 363 626 98
Slaughter cattle 569 950 735
Replacement cattle 202 435 802

Compared to last sale (12-04-24): All feeder cattle were too lightly tested either this week or last sale to develop an accurate market trend, however mostly higher undertones were noticed last week to develop an accurate market trend, however higher undertones were noticed. Quality was mostly average today. Most feeders were offered in small packages or as singles. Demand for limited feeders was very good. CME positions have seen significant improvement since the beginning of December and buyers continue to show very good demand for all feeder cattle on offer. The largest gains in price were seen in cattle over 600 lbs. Demand for both steers and heifers of this weight was very good. Market activity was mostly active today, with buyers both ringside and over the internet rapidly bidding on offerings. Weigh up cows comprised most of the sale today. Demand was mostly good to very good for moderate offerings. A very large pool of cow buyers were on hand for todays sale. Cow quality this sale was mostly average to attractive. Most cows were purchased to go to feed in some capacity. High quality feeding cows, suitable to feed to premium white sold mostly 3.00-5.00 higher. Thin, short term feeding cows sold mostly steady to firm. Many low yielding, slightly lame, or slightly blemished cows were purchased for this purpose. Slaughter cow demand was mostly moderate today. Buyers picked around and purchased cows that fit slaughter orders. Very few cows were purchased to slaughter this sale as feeding cow buyers pushed most cows over slaughter cow orders. Slaughter cows sold steady to 2.00 higher on lean and boning cows breaking cows sold mostly 3.00 higher. Slaughter bulls sold mostly 3.00-6.00 lower in a narrow comparison. Demand for slaughter bulls was lighter this sale as fewer buyers were noticed. Bull quality was average today. Weigh up conditions were mostly average to below average today. Young age cows suitable to feed or rebreed sold mostly steady in a narrow comparison. Demand from rebreed buyers remains good to very good. Quality this week was average to attractive. Offerings this sale were significantly heavier than last sale.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
470 470 23 381.00 $381.00 $1,791 -7.00
530 530 9 358.00 $358.00 $1,897 +5.61
610–645 634 44 310.00–327.00 $316.82 $2,009
835–847 842 10 260.00 $260.00 $2,189
980 980 6 241.00 $241.00 $2,362
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
575 575 2 310.00–313.00 $311.50 $1,791 +21.50
635 635 2 290.00 $290.00 $1,842
690 690 2 290.00 $290.00 $2,001
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
515 515 3 325.00 $325.00 $1,674

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
433 433 3 347.50 $347.50 $1,505
558–575 564 17 297.00–313.00 $308.65 $1,741
614 614 6 292.00 $292.00 $1,793
657–667 665 17 275.00–283.00 $281.61 $1,873
703–737 731 11 267.00–275.00 $268.40 $1,962
855–868 857 15 240.00–251.00 $241.49 $2,070 +5.49
985–997 996 14 230.50–233.00 $230.68 $2,298 +9.43
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
318 318 2 345.00 $345.00 $1,097
453 453 6 315.00 $315.00 $1,427
563–595 571 4 287.00–289.00 $288.48 $1,647
615 615 1 284.00 $284.00 $1,747
829 829 4 236.00 $236.00 $1,956 +5.00
1040 1040 1 210.00 $210.00 $2,184
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
674 674 4 249.00 $249.00 $1,678
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1100 1100 1 213.00 $213.00 $2,343

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
677 677 3 282.00 $282.00 $1,909
715 715 5 268.00 $268.00 $1,916
802 802 3 248.00 $248.00 $1,989

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1265–1690 1366 80-85% 80 118.00–132.00 $127.40 $1,740 -2.16
1315–1695 1422 80-85% 37 108.00–117.00 $113.72 $1,617 +2.33
1270–1750 1425 80-85% 41 131.00–137.50 $132.60 $1,890 +21.21
1305–1560 1435 80-85% 6 96.00–106.00 $102.36 $1,469 -9.03
1515–1810 1618 80-85% 4 108.00–117.00 $114.57 $1,854
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
818 818 85-90% 4 93.00 $93.00 $761 +12.35
925 925 85-90% 1 87.50 $87.50 $809
835–1055 945 85-90% 2 82.50–88.00 $85.57 $809
1125 1125 85-90% 2 88.00 $88.00 $990 -20.25
1100–1285 1188 85-90% 19 115.00–123.00 $120.42 $1,431 +0.40
1000–1260 1191 85-90% 31 96.50–111.00 $100.90 $1,202 -19.12
1205 1205 85-90% 1 105.00 $105.00 $1,265 -22.08
1025–1388 1206 85-90% 16 89.00–102.00 $93.80 $1,131 -33.28
1125–1283 1223 85-90% 22 127.00–133.50 $129.08 $1,579 +2.00
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1266–1428 1408 75-80% 40 136.00–138.00 $137.78 $1,940
1545 1545 75-80% 1 131.00 $131.00 $2,024
1440–1700 1613 75-80% 3 131.50–133.50 $132.90 $2,144
1540–1790 1683 75-80% 3 125.00–130.00 $127.89 $2,152
1980 1980 75-80% 1 107.00 $107.00 $2,119

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1325–1830 1578 2 122.00–134.50 $129.25 $2,040
1680–2053 1923 6 128.00–136.00 $132.54 $2,549 -18.80
1615–2395 2073 6 138.00–145.00 $142.39 $2,952
2510–2565 2538 2 136.00–139.00 $137.52 $3,490

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
975–1423 1095 Young (2-4 yrs)Open 67 133.00–185.50 $168.20 $1,842
820–1480 1126 (<2 yrs)Open 51 142.00–211.00 $166.07 $1,870
1373 1373 (<2 yrs)Open 2 173.00 $173.00 $2,375
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
830–1185 980 (<2 yrs)Open 4 129.00–192.50 $148.40 $1,454
1078–1095 1087 Young (2-4 yrs)Open 4 130.00–136.00 $133.02 $1,446

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
977 977 Young (2-4 yrs)1st Stage (1-3 mo) 3 2,000.00 $2,000.00
987–1052 1044 Young (2-4 yrs)1st Stage (1-3 mo) 25 2,250.00–2,300.00 $2,294.33
1423 1423 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 6 2,400.00 $2,400.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1160–1385 1340 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 5 1,700.00–1,875.00 $1,730.30
1400 1400 Young (2-4 yrs)2nd Stage (4-6 mo) 2 2,250.00 $2,250.00

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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.