Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, November 12, 2025

1,611 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 1-2 steers $334.37/cwt ≈ $2,103/hd at 629 lb · 27 head
heavy 5-weight M 1-2 heifers $324.00/cwt ≈ $1,921/hd at 593 lb · 19 head
light 8-weight M&L 1-2 heifers $287.12/cwt ≈ $2,380/hd at 829 lb · 16 head
HeadThis saleLast saleLast year
Head itemized in priced lots 1,611

New to these tables? Plain-English explainers ↓

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325 unweaned 325 4 535.00 $535.00 $1,739
458 unweaned 458 3 430.00 $430.00 $1,969
595 unweaned 595 2 350.00 $350.00 $2,082
608–648 unweaned 629 27 326.00–370.00 $334.37 $2,103
908 908 2 310.00 $310.00 $2,815
951 951 5 308.00 $308.00 $2,929
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
490–499 unweaned 495 10 445.00 $445.00 $2,203
524 524 4 401.00 $401.00 $2,101
574 unweaned 574 4 411.00 $411.00 $2,359
610–611 unweaned 611 7 374.00–380.00 $377.43 $2,306
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
400 unweaned 400 2 480.00 $480.00 $1,920
477 unweaned 477 3 410.00 $410.00 $1,956
Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
645 unweaned 645 2 325.00 $325.00 $2,096
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
508 unweaned 508 2 375.00 $375.00 $1,905

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
471 unweaned 471 12 390.00 $390.00 $1,837
522 unweaned 522 15 386.00 $386.00 $2,015
802 802 9 312.50 $312.50 $2,506
850 850 1 315.00 $315.00 $2,678
970 970 14 295.00 $295.00 $2,862
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305 unweaned 305 1 480.00 $480.00 $1,464
516–547 unweaned 526 9 327.50–371.00 $355.93 $1,872
558 unweaned 558 5 330.00–350.00 $342.00 $1,908
619 unweaned 619 9 315.00 $315.00 $1,950
816–840 829 16 280.00–290.00 $287.12 $2,380
950 950 1 287.50 $287.50 $2,731
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
593 593 19 324.00 $324.00 $1,921
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
375 unweaned 375 4 450.00 $450.00 $1,688
863 863 6 255.00 $255.00 $2,201
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
420 unweaned 420 2 315.00 $315.00 $1,323

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1204–1455 1287 80-85% 84 157.00–179.00 $163.49 $2,104
1302–1385 1344 80-85% 7 92.50–97.50 $96.76 $1,300 -73.15
1220–1610 1371 80-85% 101 121.00–162.00 $152.95 $2,097 +24.66
1115–1555 1375 80-85% 244 160.00–173.00 $165.57 $2,277 -14.04
1270–1520 1375 80-85% 26 102.00–122.50 $110.44 $1,519 -69.17
1300–1610 1388 80-85% 13 125.00–153.50 $138.11 $1,917 -41.89
1350–1470 1420 80-85% 53 173.00–178.00 $177.59 $2,522 +18.95
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
840 840 85-90% 1 130.00 $130.00 $1,092
865 865 85-90% 1 107.50 $107.50 $930 +30.00
865–990 906 85-90% 6 40.00–80.00 $57.66 $522 -38.41
900–983 947 85-90% 4 87.50–95.00 $90.58 $858 -5.49
1000–1265 1158 85-90% 13 120.00–164.00 $144.65 $1,675 +30.14
1038–1340 1163 85-90% 16 50.00–87.50 $70.86 $824 -43.65
828–1294 1171 85-90% 56 120.00–158.00 $145.71 $1,706 -10.32
1083–1228 1173 85-90% 40 165.00–182.50 $169.57 $1,989 +13.54
950–1323 1177 85-90% 58 90.00–119.00 $101.44 $1,194 -54.59
1025–1296 1205 85-90% 87 159.00–165.50 $162.52 $1,958
1120–1247 1219 85-90% 23 164.00–174.00 $169.78 $2,070
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1300–1570 1484 75-80% 5 179.00–180.00 $179.18 $2,659 +0.68
1403–1695 1524 75-80% 36 168.00–178.00 $172.75 $2,633 +23.28
1460–1640 1556 75-80% 15 164.00–168.50 $167.42 $2,605 +3.25
1545–1685 1615 75-80% 2 132.50–136.00 $134.33 $2,169
1495–1753 1616 75-80% 11 169.50–177.50 $172.99 $2,796
1555–1965 1663 75-80% 12 147.00–166.00 $159.69 $2,656 -10.89
2120 2120 75-80% 1 167.00 $167.00 $3,540

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1225 1225 1 167.50 $167.50 $2,052
1238–1370 1282 3 131.00–142.50 $135.10 $1,732
1430 1430 1 162.50 $162.50 $2,324
1405–2100 1759 14 147.50–167.00 $157.83 $2,776
1545–1840 1772 11 170.00–182.00 $172.98 $3,065
1653–2140 1958 13 172.00–181.00 $176.14 $3,449
2215 2215 1 192.00 $192.00 $4,253
2540 2540 1 182.00 $182.00 $4,623

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
742–1192 990 (<2 yrs)Open 119 210.00–310.00 $268.13 $2,654
830–1360 1108 Young (2-4 yrs)Open 128 176.00–310.00 $217.47 $2,410
1160–1315 1199 Young/Middle Aged (2-8 yrs)Open 14 165.00–180.00 $176.96 $2,122
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
748 thin fleshed 748 Young (2-4 yrs)Open 3 220.00 $220.00 $1,646
828–1190 977 Young (2-4 yrs)Open 26 180.00–235.00 $209.96 $2,051
835–1183 987 (<2 yrs)Open 10 200.00–270.00 $236.63 $2,336
Medium 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
796 796 (<2 yrs)Open 5 252.50 $252.50 $2,010
Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
905 905 (<2 yrs)Open 1 255.00 $255.00 $2,308
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
890 890 Young (2-4 yrs)Open 1 180.00 $180.00 $1,602

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1088–1225 1124 Young (2-4 yrs)1st Stage (1-3 mo) 20 2,700.00–3,350.00 $3,080.63
1100–1460 1222 Young (2-4 yrs)2nd Stage (4-6 mo) 9 2,800.00–3,300.00 $3,135.66
1308 1308 Middle Aged/Aged (>5 yrs)1st Stage (1-3 mo) 5 2,700.00 $2,700.00
1258–1465 1331 Aged (>8 yrs)2nd Stage (4-6 mo) 11 2,375.00–2,500.00 $2,441.96
1346 1346 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 5 2,150.00 $2,150.00
1370–1465 1399 Aged (>8 yrs)1st Stage (1-3 mo) 10 2,100.00–2,500.00 $2,225.71
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1275 1275 Middle Aged/Aged (>5 yrs)1st Stage (1-3 mo) 1 2,150.00 $2,150.00
1289–1367 1309 Aged (>8 yrs)2nd Stage (4-6 mo) 12 2,200.00–2,250.00 $2,213.06
1343 1343 Young (2-4 yrs)2nd Stage (4-6 mo) 2 2,550.00 $2,550.00
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1243 1243 Aged (>8 yrs)1st Stage (1-3 mo) 3 172.50 $172.50 $2,144

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Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
888 888 19 273.00 $273.00 $2,424

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Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
754 754 4 310.00 $310.00 $2,337
837 837 6 306.00 $306.00 $2,561
998 998 22 287.00 $287.00 $2,864

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1432 1432 Young (2-4 yrs)Open 15 4,000.00 $4,000.00

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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.