Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, February 11, 2026

311 head sold ·Official USDA report

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

HeadThis saleLast saleLast year
Total receipts 311 539 86
Feeder cattle 79 28
Slaughter cattle 154 43
Replacement cattle 78 15

Compared to last week (2-04-26): Feeder cattle were too lightly tested to develop any market trend. Many calves on offer were blemished in some way as local feedlots cleaned up pens. Demand for limited offerings was mostly moderate on very light offerings. Market activity was moderate on limited offerings. Weigh up cows sold on mostly good to very good demand and light offerings. Feeding cows sold mostly 2.00-4.00 higher. Several packages of cows which had been started on feed sold today. Demand for these offerings was very good with several buyers and packers showing strong demand as they bid aggressively. Slaughter cows sold on good demand again this week as tight supplies have packers searching for cows to slaughter. Very few cows were purchased for slaughter as feeding demand and replacement demand kept cow prices above where packers break evens. Slaughter cows sold mostly steady on breaking cows in a narrow comparison. Boning and lean cow sold mostly 1.00-5.00 higher in a narrow comparison. Slaughter bulls sold mostly 2.00-3.00 higher in a narrow comparison. Demand for feeding bulls was very good this sale as feeding buyers pushed bulls higher. Feeding bulls sold mostly 3.00 higher in a narrow comparison. Weigh up conditions were mostly average this week. Young age offerings were too lightly tested last week to develop an accurate market trend, however higher undertones were noticed. Quality was mostly average, and overall not as attractive as last weeks offering.

New to these tables? Plain-English explainers ↓

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
555–565 560 2 410.00–420.00 $415.04 $2,324

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
510 510 2 445.00 $445.00 $2,270 -10.00
563 563 3 425.00 $425.00 $2,393
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
588 588 2 409.00 $409.00 $2,405
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
608 608 2 345.00 $345.00 $2,098

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
630 630 1 390.00 $390.00 $2,457
743 743 2 325.00 $325.00 $2,415
823 823 3 325.00 $325.00 $2,675
Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1055 1055 2 305.00 $305.00 $3,218

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Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1508 1508 75-80% 20 178.00 $178.00 $2,684 +7.25
1443–1612 1535 75-80% 15 166.00–176.00 $170.62 $2,619 -0.13
1611 1611 75-80% 4 159.00 $159.00 $2,561 +2.13
1608–1720 1636 75-80% 4 150.00–161.00 $152.89 $2,501 -3.98
1560–1723 1648 75-80% 8 164.00–165.00 $164.48 $2,711 +7.61
2015 2015 75-80% 2 166.00 $166.00 $3,345
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1295–1413 1356 80-85% 5 177.00–178.50 $178.01 $2,414 +10.63
1203–1575 1382 80-85% 19 161.00–174.00 $169.05 $2,336 +1.67
1260–1605 1383 80-85% 7 142.00–158.00 $150.90 $2,087 -16.48
1340–1545 1458 80-85% 5 138.00–149.50 $142.27 $2,074 -19.91
1395–1530 1463 80-85% 2 125.00–132.50 $128.92 $1,886 -33.26
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
855 855 85-90% 1 90.00 $90.00 $770
795–960 878 85-90% 2 120.00–125.00 $122.26 $1,073 +10.25
980 980 85-90% 1 140.00 $140.00 $1,372
1043–1185 1090 85-90% 3 125.00–149.00 $133.69 $1,457 +36.19
1120–1145 1133 85-90% 2 132.50–145.00 $138.82 $1,573 -30.18
1145 1145 85-90% 1 172.50 $172.50 $1,975 +3.50
1125–1270 1198 85-90% 2 112.50–126.00 $119.66 $1,434 -51.36

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1535 1535 1 181.00 $181.00 $2,778 -2.69
1645 1645 1 182.00 $182.00 $2,994 +25.00
1680 1680 3 195.00 $195.00 $3,276
1540–1858 1752 3 184.00–188.00 $186.83 $3,273
1768 1768 2 187.00 $187.00 $3,306 +2.87
1775 1775 1 169.00 $169.00 $3,000 -15.13
1967–2005 1977 4 198.00 $198.00 $3,914
1958–2027 1982 28 206.00 $206.00 $4,083
YG2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1900 1900 1 190.00 $190.00 $3,610

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
740–1010 902 (<2 yrs)Open 3 275.00–315.00 $291.24 $2,627
865–1391 1214 Young (2-4 yrs)Open 23 182.00–295.00 $214.68 $2,606
1230–1415 1361 Young/Middle Aged (2-8 yrs)Open 7 169.00–185.00 $180.35 $2,455
1185–1535 1393 Young (2-4 yrs)Open 3 180.00–185.00 $183.16 $2,551
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
940–1035 988 (<2 yrs)Open 2 270.00–275.00 $272.38 $2,691
895–1330 1074 Young (2-4 yrs)Open 9 182.50–275.00 $218.06 $2,342
1280 1280 Young (2-4 yrs)Open 1 186.00 $186.00 $2,381
Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
925 925 Young (2-4 yrs)Open 1 260.00 $260.00 $2,405
Medium 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
840 840 (<2 yrs)Open 1 265.00 $265.00 $2,226

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1388 1388 Young (2-4 yrs)3rd Stage (7-9 mo) 5 3,800.00 $3,800.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1120 1120 Young (2-4 yrs)3rd Stage (7-9 mo) 2 3,400.00 $3,400.00

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Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1076 1076 (<2 yrs)3rd Stage (7-9 mo) 4 3,500.00 $3,500.00
1098 1098 (<2 yrs)2nd/3rd Stage (4-9 mo) 3 3,300.00 $3,300.00

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N/N/A ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1475 1475 85-90% 1 125.00 $125.00 $1,844

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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.