Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, October 22, 2025

1,557 head sold ·Official USDA report

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

heavy 5-weight M&L 1 steers $414.08/cwt ≈ $2,369/hd at 572 lb · 53 head
heavy 4-weight M&L 1 steers $498.35/cwt ≈ $2,322/hd at 466 lb · 37 head
light 4-weight M&L 1 heifers $461.00/cwt -9.00 vs last sale · ≈ $2,061/hd at 447 lb · 24 head

Receipts

HeadThis saleLast saleLast year
Head itemized in priced lots 1,557 — —

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
228 unweaned 228 2 870.00 $870.00 $1,984 —
262 unweaned 262 5 805.00 $805.00 $2,109 —
337 unweaned 337 17 670.00 $670.00 $2,258 +40.00
353–375 unweaned 364 16 625.00–670.00 $636.32 $2,316 +26.32
413–422 unweaned 421 23 540.00–570.00 $543.84 $2,290 +3.84
451–468 unweaned 466 37 497.50–505.00 $498.35 $2,322 —
562–576 unweaned 572 53 412.50–417.50 $414.08 $2,369 —
607–645 unweaned 618 19 403.00–410.00 $408.46 $2,524 —
665–679 unweaned 678 10 390.00–397.00 $396.31 $2,687 -2.60
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
342 unweaned 342 10 600.00 $600.00 $2,052 —
402–427 unweaned 423 21 460.00–507.50 $501.06 $2,119 -5.70
452–459 unweaned 456 11 420.00–450.00 $433.52 $1,977 -76.48
508 unweaned 508 6 435.00 $435.00 $2,210 —
595 unweaned 595 2 375.00 $375.00 $2,231 —
611 unweaned 611 5 395.00 $395.00 $2,413 ±0.00
800–813 808 8 355.00 $355.00 $2,868 —
Small 2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
351 351 7 265.00 $265.00 $930 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
477 unweaned 477 5 350.00 $350.00 $1,670 —
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
478 unweaned 478 2 450.00 $450.00 $2,151 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
285 unweaned 285 3 630.00 $630.00 $1,796 —
447 unweaned 447 24 461.00 $461.00 $2,061 -9.00
486 unweaned 486 11 430.00 $430.00 $2,090 —
628 unweaned 628 10 351.00 $351.00 $2,204 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
575–584 unweaned 581 9 350.00 $350.00 $2,034 -5.00
838 838 15 307.00 $307.00 $2,573 —
874 874 8 303.00 $303.00 $2,648 —
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1091 1091 5 285.00 $285.00 $3,109 —
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
453 unweaned 453 2 420.00 $420.00 $1,903 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
637 unweaned 637 5 370.00 $370.00 $2,357 —
681 unweaned 681 4 365.00 $365.00 $2,486 —
865 865 1 325.00 $325.00 $2,811 -15.00
980 980 1 310.00 $310.00 $3,038 —
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1101 1101 6 260.00 $260.00 $2,863 —
1175 1175 1 265.00 $265.00 $3,114 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1325 1325 80-85% 3 112.00 $112.00 $1,484 -46.21
1200–1500 1331 80-85% 175 168.00–181.00 $175.64 $2,338 +17.43
1200–1465 1336 80-85% 14 115.00–126.00 $123.51 $1,650 -34.70
1220–1520 1356 80-85% 31 154.00–177.00 $169.25 $2,295 -3.28
1320–1535 1372 80-85% 46 182.00–189.00 $185.43 $2,544 +12.90
1260–1565 1428 80-85% 28 132.50–167.00 $153.05 $2,186 -30.51
1366–1685 1449 80-85% 37 183.00–187.50 $185.23 $2,684 +1.67
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
955 955 85-90% 2 85.00 $85.00 $812 ±0.00
1015–1325 1119 85-90% 9 60.00–90.00 $78.70 $881 —
1020–1355 1173 85-90% 36 100.00–125.00 $115.35 $1,353 -39.02
975–1211 1182 85-90% 18 180.00–181.00 $180.16 $2,129 +86.45
1100–1225 1194 85-90% 4 166.00–167.00 $166.77 $1,991 +73.06
1100–1305 1206 85-90% 92 165.00–178.00 $173.20 $2,089 -9.07
1040–1385 1207 85-90% 15 112.50–165.00 $148.68 $1,795 -33.59
1180–1289 1248 85-90% 37 175.50–179.00 $176.45 $2,202 +4.14
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1453 1453 75-80% 2 187.00 $187.00 $2,717 —
1432–1621 1478 75-80% 58 185.00–189.50 $187.84 $2,776 —
1490 1490 75-80% 1 187.00 $187.00 $2,786 —
1530–1720 1604 75-80% 4 171.00–178.00 $174.31 $2,796 +3.65
1505–1838 1641 75-80% 11 180.00–185.00 $181.89 $2,985 -5.11
1530–1960 1664 75-80% 25 174.00–186.00 $181.92 $3,027 +21.94

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1270 1270 2 140.00 $140.00 $1,778 —
1320–1895 1684 9 160.00–183.00 $176.93 $2,980 —
1705–1955 1805 12 160.00–172.00 $166.40 $3,004 -2.55
1365–2085 1850 15 187.00–197.00 $192.22 $3,556 +7.23
1865–2055 1933 8 194.00–198.00 $196.09 $3,790 —
1460–2455 2053 8 182.00–188.00 $184.52 $3,788 —

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Stock Cows

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
835–885 thin fleshed 842 (<2 yrs)Open 9 305.00–322.50 $316.30 $2,663
980 thin fleshed 980 Young (2-4 yrs)Open 2 285.00 $285.00 $2,793
810–1245 985 (<2 yrs)Open 132 245.00–355.00 $308.38 $3,038
910–1475 1131 Young (2-4 yrs)Open 134 182.50–305.00 $228.63 $2,586
940–1350 1145 (<2 yrs)Open 2 205.00–270.00 $231.68 $2,653
1240–1355 1284 Young/Middle Aged (2-8 yrs)Open 5 175.00–181.00 $178.57 $2,293
1435–1470 1441 Young (2-4 yrs)Open 6 185.00–191.00 $189.98 $2,738
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
710 thin fleshed 710 (<2 yrs)Open 1 155.00 $155.00 $1,100
875–1071 1031 (<2 yrs)Open 6 203.00–295.00 $228.12 $2,352
865–1165 1079 Young (2-4 yrs)Open 28 174.00–270.00 $192.28 $2,075

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
950 thin fleshed 950 Young (2-4 yrs)1st Stage (1-3 mo) 1 3,250.00 $3,250.00
978 thin fleshed 978 Young (2-4 yrs)2nd Stage (4-6 mo) 3 3,400.00 $3,400.00
1090–1390 1130 Young (2-4 yrs)1st Stage (1-3 mo) 41 3,400.00–3,550.00 $3,454.75
1122–1285 1136 Young (2-4 yrs)2nd Stage (4-6 mo) 16 3,450.00–3,600.00 $3,576.87
1227 1227 Young/Middle Aged (2-8 yrs)2nd Stage (4-6 mo) 9 3,500.00 $3,500.00
1235 1235 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 1 3,300.00 $3,300.00
1293–1315 1300 Aged (>8 yrs)1st Stage (1-3 mo) 3 2,850.00–2,950.00 $2,916.29
1227–1393 1301 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 11 3,300.00–3,475.00 $3,412.68
1293–1320 1304 Middle Aged/Aged (>5 yrs)1st Stage (1-3 mo) 10 3,050.00–3,100.00 $3,079.75
1114–1510 1347 Middle Aged/Aged (>5 yrs)2nd Stage (4-6 mo) 23 3,000.00–3,250.00 $3,155.00
1481–1575 1528 Aged (>8 yrs)2nd Stage (4-6 mo) 8 2,900.00–3,300.00 $3,106.15
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1236 1236 Aged (>8 yrs)1st/2nd Stage (1-6 mo) 13 193.00 $193.00 $2,385
1337 1337 Middle Aged/Aged (>5 yrs)1st/2nd Stage (1-6 mo) 7 183.00 $183.00 $2,447
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1169 1169 Aged (>8 yrs)1st/2nd Stage (1-6 mo) 4 2,850.00 $2,850.00
1210–1235 1223 Young (2-4 yrs)2nd Stage (4-6 mo) 2 3,100.00–3,200.00 $3,149.49
1238 1238 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 2 3,100.00 $3,100.00
1170–1530 1350 Middle Aged/Aged (>5 yrs)2nd Stage (4-6 mo) 2 2,700.00–2,950.00 $2,841.67
1370 thin fleshed 1370 Aged (>8 yrs)2nd Stage (4-6 mo) 2 2,500.00 $2,500.00
Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1101 1101 Young (2-4 yrs)1st Stage (1-3 mo) 5 2,850.00 $2,850.00
1322 1322 Middle Aged/Aged (>5 yrs)1st Stage (1-3 mo) 3 2,550.00 $2,550.00

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Reading this report

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.