Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report, Billings, MT

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 —

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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 —

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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 —

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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 —

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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 —

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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

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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

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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.