Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, February 4, 2026

438 head sold ·Official USDA report

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

Receipts

HeadThis saleLast saleLast year
Head itemized in priced lots 438 — —

New to these tables? Plain-English explainers ↓

Feeder Heifers

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
730 730 1 359.00 $359.00 $2,621 +6.78
808 808 4 325.00 $325.00 $2,626 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
490 490 2 465.00 $465.00 $2,278 -13.91
510 510 1 455.00 $455.00 $2,320 -5.45

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Feeder Bulls

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
450–465 458 2 430.00–440.00 $435.08 $1,993 —
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1365 1365 1 217.50 $217.50 $2,969 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1295–1332 1324 80-85% 8 173.00–173.50 $173.38 $2,296 —
1325 1325 80-85% 3 122.00 $122.00 $1,616 —
1209–1613 1383 80-85% 57 160.00–172.00 $167.38 $2,315 -0.06
1300–1615 1385 80-85% 10 136.00–159.00 $148.04 $2,050 -19.40
1320–1500 1414 80-85% 5 133.00–148.00 $139.89 $1,978 -1.12
1445–1505 1475 80-85% 2 153.00–171.00 $162.18 $2,392 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1230–1335 1283 75-80% 2 179.00–185.00 $181.88 $2,334 —
1402 1402 75-80% 16 176.00 $176.00 $2,468 —
1499–1534 1527 75-80% 32 169.00–171.00 $170.75 $2,607 —
1545–1740 1646 75-80% 8 152.00–161.00 $156.87 $2,582 +4.37
1455–1805 1661 75-80% 10 165.00–169.00 $167.10 $2,776 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
820–975 898 85-90% 4 102.50–120.00 $112.01 $1,006 —
970–1085 1032 85-90% 3 100.00–122.50 $114.16 $1,178 +27.85
1045 1045 85-90% 1 147.50 $147.50 $1,541 +61.19
1060 1060 85-90% 1 97.50 $97.50 $1,034 —
1143 1143 85-90% 2 169.00 $169.00 $1,932 +47.85
1085–1197 1169 85-90% 4 139.00–142.00 $141.30 $1,652 -29.70
1050–1245 1174 85-90% 14 134.00–159.00 $147.85 $1,736 -23.15
1175–1245 1198 85-90% 3 170.00–172.00 $171.02 $2,049 +32.15

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1335–1615 1523 4 182.00–185.00 $183.69 $2,798 —
1530–1667 1622 8 179.00–181.00 $180.20 $2,923 +11.82
1632 1632 3 157.00 $157.00 $2,562 -11.38
1745–1830 1796 8 182.00–185.00 $184.13 $3,307 —
2360 2360 1 195.00 $195.00 $4,602 —
YG2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
2425 2425 1 185.00 $185.00 $4,486 —

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Stock Cows

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
855–1125 1043 (<2 yrs)Open 37 230.00–325.00 $271.28 $2,829
870–1324 1075 Young (2-4 yrs)Open 72 185.00–300.00 $248.40 $2,670
1103–1490 1280 Middle Aged (5-8 yrs)Open 5 162.00–174.00 $169.65 $2,172
1125–1453 1283 Young/Middle Aged (2-8 yrs)Open 28 169.50–176.00 $173.64 $2,228
1390 1390 Young (2-4 yrs)Open 1 174.00 $174.00 $2,419
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
855–1285 1007 Young (2-4 yrs)Open 35 180.00–285.00 $221.42 $2,230
935–1135 1032 (<2 yrs)Open 5 235.00–280.00 $252.83 $2,609
Medium 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
667–770 682 (<2 yrs)Open 7 300.00–310.00 $308.39 $2,103

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1053–1100 1084 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 6 3,800.00–3,900.00 $3,867.63
1115 1115 Aged (>8 yrs)2nd Stage (4-6 mo) 4 2,200.00 $2,200.00
1205 1205 Young (2-4 yrs)3rd Stage (7-9 mo) 1 3,850.00 $3,850.00
1170–1270 1228 Aged (>8 yrs)3rd Stage (7-9 mo) 3 2,300.00–2,600.00 $2,395.25
1280–1290 1285 Middle Aged/Aged (>5 yrs)3rd Stage (7-9 mo) 2 3,300.00 $3,300.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1215–1235 1228 Aged (>8 yrs)2nd Stage (4-6 mo) 6 172.00–173.00 $172.67 $2,120
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1255 1255 Aged (>8 yrs)3rd Stage (7-9 mo) 4 3,400.00 $3,400.00
1270 1270 Middle Aged/Aged (>5 yrs)3rd Stage (7-9 mo) 1 3,500.00 $3,500.00

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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.