Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, January 21, 2026

3,738 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 heifers $432.04/cwt ≈ $2,498/hd at 578 lb · 386 head

light 6-weight M&L 1 steers $441.24/cwt ≈ $2,760/hd at 626 lb · 308 head

light 5-weight M&L 1 heifers $463.03/cwt ≈ $2,428/hd at 524 lb · 302 head

Receipts

Head	This sale	Last sale	Last year
Head itemized in priced lots	3,738	—	—

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
230	230	1	730.00	$730.00	$1,679	—
302–320	304	12	685.00–705.00	$703.24	$2,138	—
368–376	373	13	640.00–670.00	$653.74	$2,438	—
411–426	412	78	590.00–622.50	$598.80	$2,467	—
452–497	467	49	551.00–585.00	$562.40	$2,626	—
502–546	524	171	497.00–544.00	$520.82	$2,729	—
563 unweaned	563	8	475.00	$475.00	$2,674	—
563–595	574	126	457.50–499.00	$479.38	$2,752	—
611 unweaned	611	9	440.00	$440.00	$2,688	—
600–646	626	299	417.00–457.50	$441.28	$2,762	—
656–685	672	175	399.50–421.00	$414.31	$2,784	—
701–744	725	172	385.00–405.00	$394.44	$2,860	—
750–783	757	82	369.00–393.00	$388.95	$2,944	—
808–839	820	72	358.50–370.50	$367.05	$3,010	—
888	888	5	345.00	$345.00	$3,064	—

Medium and Large 1-2 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
320	320	1	605.00	$605.00	$1,936	—
360–380	371	6	575.00–620.00	$593.69	$2,203	—
418–440	429	6	560.00–575.00	$567.69	$2,435	—
456–499	480	41	505.00–531.00	$522.23	$2,507	—
521–533	523	30	481.00–495.00	$492.57	$2,576	—
573–588	584	43	427.50–472.50	$438.28	$2,560	—
620–648	639	7	392.00–414.00	$401.27	$2,564	—
665–699	690	71	365.00–395.00	$390.62	$2,695	—
700–741	727	59	375.00–382.00	$380.03	$2,763	—
780–793	789	3	357.00–365.00	$359.64	$2,838	—
805	805	1	350.00	$350.00	$2,818	—

Medium and Large 2 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
379	379	5	545.00	$545.00	$2,066	—
546	546	12	400.00	$400.00	$2,184	—
650–684	659	18	369.00–386.00	$381.10	$2,511	—

Medium 1 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
362	362	3	620.00	$620.00	$2,244	—
401–447	436	28	557.50–580.00	$562.68	$2,453	—
515	515	3	485.00	$485.00	$2,498	—

Large 1 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
696	696	8	391.00	$391.00	$2,721	—
720	720	3	380.00	$380.00	$2,736	—
836	836	10	349.00	$349.00	$2,918	—

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
343–348	346	12	540.00–545.00	$542.07	$1,876	—
350–387	371	64	540.00–547.50	$544.77	$2,021	—
402–445	423	29	490.00–525.00	$501.92	$2,123	—
455–499	480	74	470.00–495.00	$478.17	$2,295	—
501–520 fancy	508	29	481.00–494.00	$489.00	$2,484	—
500–547	526	273	440.00–475.00	$460.27	$2,421	—
554 fancy	554	14	456.00	$456.00	$2,526	—
551–599	579	372	422.00–448.00	$431.14	$2,496	—
604 unweaned	604	7	411.00	$411.00	$2,482	—
600–641	628	185	387.00–425.00	$399.11	$2,506	—
652–685	663	92	371.50–392.50	$383.73	$2,544	—
708–738	723	79	365.00–374.00	$367.24	$2,655	—
752–780	761	72	342.50–367.50	$350.34	$2,666	—
815–821	820	8	327.00–335.00	$327.99	$2,690	—

Medium and Large 1-2 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
267	267	9	510.00	$510.00	$1,362	—
300–348	332	8	500.00–525.00	$510.88	$1,696	—
410–447	428	33	465.00–495.00	$486.87	$2,084	—
458–498	484	44	430.00–467.50	$451.75	$2,186	—
510–544	524	38	422.50–440.00	$432.14	$2,264	—
559–598	569	13	395.00–420.00	$410.19	$2,334	—
633	633	10	360.00	$360.00	$2,279	—
655–696	673	22	342.50–362.50	$356.21	$2,397	—
763	763	2	325.00	$325.00	$2,480	—

Large 1 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
612	612	9	375.00	$375.00	$2,295	—
655	655	26	360.00	$360.00	$2,358	—
753	753	2	330.00	$330.00	$2,485	—

Medium and Large 2 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
385	385	2	420.00	$420.00	$1,617	—
510–545	521	20	390.00–420.00	$410.58	$2,139	—

Medium 1 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
415	415	6	450.00	$450.00	$1,868	—

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
381	381	38	630.00	$630.00	$2,400	—
420–430	430	55	570.00–591.00	$590.63	$2,540	—
482	482	3	510.00	$510.00	$2,458	—
504–548	523	20	462.50–515.00	$494.17	$2,585	—
560–590	570	32	420.00–460.00	$446.61	$2,546	—
609–640	635	39	395.00–417.50	$398.32	$2,529	—
693	693	9	384.00	$384.00	$2,661	—

Medium and Large 1-2 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
440	440	6	550.00	$550.00	$2,420	—
705–745	725	8	320.00–350.00	$334.59	$2,426	—

Large 1 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
1083	1083	5	270.00	$270.00	$2,924	—

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Slaughter Cows

Lean ($/cwt)
Weight (lb)	Avg wt	Dressing	Head	Price range	Avg $	≈ $/hd	Δ last sale
840–995	918	85-90%	2	105.00–120.00	$111.87	$1,027	-10.72
965–1165	1075	85-90%	4	102.50–121.00	$112.94	$1,214	-31.01
890–1265	1090	85-90%	32	127.00–150.00	$141.73	$1,545	-2.22
1020–1168	1095	85-90%	6	165.00–170.00	$168.21	$1,842	+24.26
1110–1225	1140	85-90%	5	130.00–137.50	$131.68	$1,501	+1.04
780–1280	1169	85-90%	24	150.00–163.00	$158.51	$1,853	+71.59

Boner ($/cwt)
Weight (lb)	Avg wt	Dressing	Head	Price range	Avg $	≈ $/hd	Δ last sale
1300–1440	1350	80-85%	4	123.00–126.00	$124.95	$1,687	-46.33
1275–1440	1389	80-85%	8	130.00–148.00	$138.66	$1,926	—
1300–1555	1389	80-85%	18	131.00–152.00	$146.97	$2,041	—
1280–1534	1404	80-85%	37	155.00–164.50	$159.08	$2,233	+18.46

Breaker ($/cwt)
Weight (lb)	Avg wt	Dressing	Head	Price range	Avg $	≈ $/hd	Δ last sale
1530	1530	75-80%	4	152.00	$152.00	$2,326	-19.80
1556–1605	1568	75-80%	8	162.00–166.00	$163.02	$2,556	+38.02
1520–1690	1638	75-80%	6	149.00–158.00	$151.51	$2,482	—
1475–1970	1732	75-80%	10	160.00–167.00	$164.13	$2,843	—
2000–2225	2113	75-80%	2	155.00–160.00	$157.37	$3,325	—

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
1010–1155	1083	2	150.00–151.00	$150.47	$1,630	—
1135–2000	1665	15	152.00–171.00	$161.91	$2,696	—
1710–2395	1978	13	177.00–188.00	$180.73	$3,575	-5.27
2300–2365	2333	2	190.00–197.00	$193.45	$4,513	—

YG2-3 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
2625	2625	1	167.00	$167.00	$4,384	—

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Stock Cows

Medium and Large 1 ($/cwt)
Weight (lb)	Avg wt	Age	Stage	Head	Price range	Avg $	≈ $/hd
963–1147	1009	(<2 yrs)	Open	38	237.00–290.00	$274.13	$2,766
910–1380	1075	Young (2-4 yrs)	Open	55	200.00–282.50	$229.27	$2,465
1265–1485	1357	Young (2-4 yrs)	Open	3	184.00–199.00	$190.11	$2,580
1330–1390	1360	Young/Middle Aged (2-8 yrs)	Open	2	163.00–173.00	$167.89	$2,283

Medium and Large 1-2 ($/cwt)
Weight (lb)	Avg wt	Age	Stage	Head	Price range	Avg $	≈ $/hd
810–1198	962	Young (2-4 yrs)	Open	33	171.00–250.00	$217.68	$2,094
1015–1120	1068	(<2 yrs)	Open	2	215.00–227.50	$220.94	$2,360
1065–1250	1158	Young/Middle Aged (2-8 yrs)	Open	2	171.00	$171.00	$1,980

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Dairy Cows

N/N/A ($/cwt)
Weight (lb)	Avg wt	Dressing	Head	Price range	Avg $	≈ $/hd	Δ last sale
1185	1185	85-90%	1	115.00	$115.00	$1,363	—

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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.