Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, January 7, 2026

1,414 head sold ·Official USDA report

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

heavy 3-weight M&L 1-2 heifers $470.00/cwt ≈ $1,852/hd at 394 lb · 18 head
light 5-weight M&L 1 steers $508.27/cwt +82.44 vs last sale · ≈ $2,674/hd at 526 lb · 16 head
light 6-weight M&L 2 heifers $339.00/cwt +39.00 vs last sale · ≈ $2,190/hd at 646 lb · 15 head
HeadThis saleLast saleLast year
Head itemized in priced lots 1,414

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
375 375 1 680.00 $680.00 $2,550
422–435 423 11 580.00–610.00 $607.20 $2,568
467 467 5 530.00 $530.00 $2,475 +65.00
519–545 526 16 470.00–525.00 $508.27 $2,674 +90.77
550–572 565 11 465.00–485.00 $471.32 $2,663 +93.82
625 625 9 436.00 $436.00 $2,725 +55.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
345 345 5 570.00 $570.00 $1,966
546 546 4 450.00 $450.00 $2,457
606–646 626 8 415.00–420.00 $417.58 $2,614
730 730 3 375.00 $375.00 $2,738
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
722 722 5 361.00 $361.00 $2,606

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
260 260 1 667.50 $667.50 $1,736
435 435 2 500.00 $500.00 $2,175
456 456 4 470.00 $470.00 $2,143
511–546 533 11 422.50–430.00 $425.11 $2,266 +63.88
555–599 584 8 397.00–422.50 $408.50 $2,386 +63.50
629 629 9 384.00 $384.00 $2,415 +34.35
655 655 13 374.00 $374.00 $2,450 +48.40
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
323 323 3 490.00 $490.00 $1,583
382–396 394 18 470.00 $470.00 $1,852
443 443 2 450.00 $450.00 $1,994
458–471 467 9 420.00–430.00 $423.27 $1,977
518–545 522 7 380.00–420.00 $394.39 $2,059
613 613 2 330.00 $330.00 $2,023
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
537 537 5 375.00 $375.00 $2,014 +42.49
646 646 15 339.00 $339.00 $2,190

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
525 525 5 445.00 $445.00 $2,336
580 580 3 405.00 $405.00 $2,349
620 620 6 380.00 $380.00 $2,356
668–683 674 5 370.00–375.00 $372.97 $2,514
955 955 1 302.50 $302.50 $2,889
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
848 848 2 310.00 $310.00 $2,629
1140 1140 7 250.00 $250.00 $2,850
1395 1395 2 200.00 $200.00 $2,790
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
538 538 7 340.00 $340.00 $1,829

↑ Back to top

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1254–1565 1340 80-85% 121 171.00–177.00 $174.21 $2,334 +14.43
1201–1660 1352 80-85% 296 153.00–170.00 $162.36 $2,195
1248–1630 1388 80-85% 31 107.50–125.00 $117.65 $1,633 -16.53
1232–1525 1399 80-85% 18 128.00–152.50 $144.51 $2,022 +10.33
1260–1600 1434 80-85% 19 125.00–138.00 $131.24 $1,882
1605 1605 80-85% 1 168.00 $168.00 $2,696
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
875–935 898 85-90% 3 95.00–105.00 $98.25 $882
760–978 925 85-90% 5 65.00–90.00 $83.88 $776
975–980 978 85-90% 2 118.00–132.50 $125.27 $1,225
1070–1230 1126 85-90% 21 124.00–139.00 $128.50 $1,447 +11.35
1005–1290 1134 85-90% 72 100.00–122.50 $116.19 $1,318 -0.96
990–1213 1150 85-90% 31 124.00–152.50 $141.48 $1,627 +53.48
1160 1160 85-90% 1 142.50 $142.50 $1,653 +54.50
1040–1273 1162 85-90% 4 85.00–92.50 $89.42 $1,039 +1.42
1105–1190 1164 85-90% 5 165.00–170.00 $167.77 $1,953 +79.77
1005–1278 1203 85-90% 105 153.00–164.50 $160.43 $1,930
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1502–1770 1568 75-80% 6 130.00–154.00 $138.37 $2,170 -23.93
1573 1573 75-80% 4 143.00 $143.00 $2,249 +9.29
1505–1770 1606 75-80% 40 160.00–173.00 $168.01 $2,698
1545–1930 1661 75-80% 4 173.50–175.00 $173.85 $2,888
1700–1905 1757 75-80% 6 169.00–171.50 $170.75 $3,000
1737–1995 1797 75-80% 20 160.00–168.00 $163.80 $2,943
N/N/A ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1744 1744 18 168.00 $168.00 $2,930

↑ Back to top

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1245 1245 1 125.00 $125.00 $1,556
1355–1823 1641 26 150.00–172.00 $165.07 $2,709 -5.99
1530–1808 1715 8 174.00–182.00 $179.07 $3,071
1330–2195 1732 21 137.50–173.00 $159.37 $2,760
1768–2400 2081 17 175.00–184.00 $180.67 $3,760
1850–2355 2137 6 184.00–196.00 $188.46 $4,027

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
875–1325 1017 Young (2-4 yrs)Open 171 189.00–316.00 $266.98 $2,715
1095–1440 1218 Young/Middle Aged (2-8 yrs)Open 10 175.00–187.00 $183.35 $2,233
1118–1540 1306 Young (2-4 yrs)Open 22 176.00–196.00 $190.01 $2,482
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
835–1158 975 Young (2-4 yrs)Open 34 170.00–285.00 $223.37 $2,178
Medium 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
690–780 750 Young (2-4 yrs)Open 4 240.00–285.00 $259.89 $1,949
Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
965 965 Young (2-4 yrs)Open 1 190.00 $190.00 $1,834

↑ Back to top

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1173 1173 Young (2-4 yrs)1st Stage (1-3 mo) 3 3,100.00 $3,100.00
1145–1240 1216 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 5 3,400.00–3,600.00 $3,498.44
1360–1546 1461 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 12 2,400.00–2,450.00 $2,417.63
1517 1517 Middle Aged/Aged (>5 yrs)2nd/3rd Stage (4-9 mo) 3 2,650.00 $2,650.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1413 1413 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 8 2,350.00 $2,350.00
1460–1555 1531 Middle Aged/Aged (>5 yrs)2nd/3rd Stage (4-9 mo) 4 2,400.00–2,475.00 $2,457.12

↑ 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.