Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, September 24, 2025

826 head sold ·Official USDA report

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

heavy 9-weight M&L 1 heifers $319.52/cwt +13.49 vs last sale · ≈ $3,080/hd at 964 lb · 34 head
light 8-weight M&L 1-2 heifers $326.03/cwt +1.53 vs last sale · ≈ $2,680/hd at 822 lb · 18 head
light 9-weight M&L 1-2 heifers $312.77/cwt ≈ $2,865/hd at 916 lb · 13 head
HeadThis saleLast saleLast year
Head itemized in priced lots 826

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
275 unweaned 275 2 700.00 $700.00 $1,925
320 unweaned 320 1 640.00 $640.00 $2,048
555 unweaned 555 5 441.00 $441.00 $2,448
606 unweaned 606 10 402.50 $402.50 $2,439
758 758 3 379.00 $379.00 $2,873 -8.00
818 818 11 360.00 $360.00 $2,945 +11.22
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
445 unweaned 445 4 490.00 $490.00 $2,180
615 unweaned 615 3 390.00 $390.00 $2,398
1060–1093 1079 10 309.00–320.00 $314.56 $3,394
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
567 unweaned 567 9 429.00 $429.00 $2,432
798 798 4 361.00 $361.00 $2,881
843 843 2 350.00 $350.00 $2,950
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
693 693 4 394.00 $394.00 $2,730
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
517 517 3 420.00 $420.00 $2,171
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
608 608 2 372.50 $372.50 $2,265

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
277 unweaned 277 5 620.00 $620.00 $1,717
325–335 unweaned 333 4 520.00–530.00 $522.44 $1,740
483 483 4 390.00 $390.00 $1,884 -88.03
715–732 721 8 366.00–370.00 $368.48 $2,657
828 828 7 329.00 $329.00 $2,724 -1.00
868–883 878 9 326.00–330.00 $327.32 $2,874 +8.70
948 948 2 323.00 $323.00 $3,062 +14.82
952–982 964 34 315.00–323.00 $319.52 $3,080 +13.49
1022–1045 1040 13 313.50–315.00 $313.84 $3,264 +9.56
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
525 unweaned 525 4 380.00 $380.00 $1,995
737 737 11 357.00 $357.00 $2,631
790–798 796 5 325.00–327.50 $325.50 $2,591
800–830 822 18 321.00–327.00 $326.03 $2,680 +1.53
895 895 2 310.00 $310.00 $2,774 +4.00
913–928 916 13 312.00–313.00 $312.77 $2,865
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
472 unweaned 472 6 399.00 $399.00 $1,883
1055 1055 1 311.00 $311.00 $3,281
1062 fancy 1062 23 317.00 $317.00 $3,367
1338 1338 2 240.00 $240.00 $3,211
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
768 768 5 334.00 $334.00 $2,565 +29.00
Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1225 1225 3 257.00 $257.00 $3,148
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
665 665 3 337.50 $337.50 $2,244

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Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1093 1093 3 282.50 $282.50 $3,088
1115–1120 1118 2 269.00–274.00 $271.49 $3,035
1176 1176 4 250.00 $250.00 $2,940
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
413 unweaned 413 2 500.00 $500.00 $2,065
462 unweaned 462 3 485.00 $485.00 $2,241
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
853 853 2 342.50 $342.50 $2,922

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1273–1531 1383 80-85% 56 174.50–177.00 $175.63 $2,429 +32.64
1308–1655 1439 80-85% 52 161.00–174.00 $169.46 $2,439 +4.46
1380–1515 1448 80-85% 2 135.00–140.00 $137.38 $1,989 -27.62
1490 1490 80-85% 1 151.00 $151.00 $2,250 -20.45
1340–1643 1493 80-85% 4 147.00–157.00 $152.73 $2,280 -18.72
1602 1602 80-85% 3 161.00 $161.00 $2,579
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
935 935 85-90% 1 108.00 $108.00 $1,010
1055–1355 1178 85-90% 20 115.00–143.00 $130.11 $1,533 +45.11
1030–1308 1205 85-90% 30 163.00–174.00 $169.23 $2,039
1045–1300 1209 85-90% 6 146.00–157.00 $152.68 $1,846
1125–1310 1239 85-90% 32 175.00–177.00 $175.65 $2,176
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1555 1555 75-80% 2 169.00 $169.00 $2,628
1615–1632 1622 75-80% 25 170.00–173.00 $171.21 $2,777
1743–1795 1760 75-80% 3 155.50–156.00 $155.67 $2,740 -0.33
1755–1893 1847 75-80% 3 155.00 $155.00 $2,863

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1355 1355 1 172.00 $172.00 $2,331
1270–1918 1536 14 172.50–188.00 $181.46 $2,787 +22.05
1280–1830 1614 12 185.00–202.00 $194.38 $3,137 +15.73
1705 1705 1 200.00 $200.00 $3,410 +8.22
1530–2185 1884 6 160.00–185.00 $179.38 $3,380
1875–1903 1894 3 200.00 $200.00 $3,788
1775–2115 1915 3 198.00–201.00 $200.07 $3,831 +13.44
1785–2425 1967 16 187.00–196.00 $192.36 $3,784
YG2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
2370 2370 1 197.00 $197.00 $4,669

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
832–1153 1010 (<2 yrs)Open 37 221.00–290.00 $259.46 $2,621
925–1485 1135 Young (2-4 yrs)Open 36 192.00–265.00 $229.13 $2,601
1255–1490 1291 Young/Middle Aged (2-8 yrs)Open 19 176.00–189.50 $186.90 $2,413
1310 1310 Middle Aged (5-8 yrs)Open 1 184.00 $184.00 $2,410
1415 1415 Aged (>8 yrs)Open 1 169.00 $169.00 $2,391
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
825–989 964 (<2 yrs)Open 8 227.50–265.00 $257.14 $2,479
1100–1150 1125 Young (2-4 yrs)Open 2 192.50–202.00 $197.14 $2,218

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1262 1262 Young (2-4 yrs)1st Stage (1-3 mo) 5 3,350.00 $3,350.00
1313–1361 1353 Aged (>8 yrs)1st Stage (1-3 mo) 46 2,525.00–2,850.00 $2,795.14
1153–1390 1357 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 16 3,050.00–3,400.00 $3,212.17
1456 1456 Middle Aged/Aged (>5 yrs)1st Stage (1-3 mo) 7 3,150.00 $3,150.00
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1121 1121 Young (2-4 yrs)1st Stage (1-3 mo) 12 293.00 $293.00 $3,285
1235–1364 1350 Middle Aged/Aged (>5 yrs)1st Stage (1-3 mo) 28 186.00–208.50 $206.29 $2,785
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1153 1153 Young (2-4 yrs)1st Stage (1-3 mo) 2 3,200.00 $3,200.00
1105–1275 thin fleshed 1202 Aged (>8 yrs)1st Stage (1-3 mo) 7 2,000.00–2,050.00 $2,019.70
1276 1276 Middle Aged/Aged (>5 yrs)1st Stage (1-3 mo) 4 2,800.00 $2,800.00

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Medium 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
883 883 (<2 yrs)1st Stage (1-3 mo) 6 2,800.00 $2,800.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
946 946 (<2 yrs)1st Stage (1-3 mo) 4 3,100.00 $3,100.00

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1384 1384 Young (2-4 yrs)Open 9 4,450.00 $4,450.00

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N/N/A ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1325–1668 1539 85-90% 8 124.00–126.00 $125.35 $1,929

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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.