Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, April 8, 2026

707 head sold ·Official USDA report

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

heavy 4-weight M&L 1 heifers $499.22/cwt -20.78 vs last sale · ≈ $2,426/hd at 486 lb · 30 head
light 5-weight M&L 1-2 heifers $447.38/cwt -7.62 vs last sale · ≈ $2,371/hd at 530 lb · 19 head
light 4-weight M&L 1 steers $629.30/cwt ≈ $2,731/hd at 434 lb · 14 head
HeadThis saleLast saleLast year
Total receipts 707 944 604
Feeder cattle 192 193 131
Slaughter cattle 303 462 315
Replacement cattle 212 289 158

Compared to last week (4-01-26): Feeder cattle too lightly tested to develop an accurate market trend, however steady to higher undertones were noticed. Demand was mostly good for light offerings. Quality this week was mostly plain to average and offered in small packages or as singles. A small crowd of feeder buyers on hand for todays sale. Market activity was mostly moderate to active. Weigh up cows sold on good to very good demand again this week. Almost every cow purchased today was once again purchased to feed in some capacity. Feeding cows sold steady to 2.00 higher on all classes. Quality this week was mostly average. A few sets of cows which had be started on feed sold again this week; these cows were met with mostly good demand. Weigh up conditions were not as attractive to buyers this week. Weigh conditions were mixed, but not as attractive as last week. Cows with blemishes were also heavily purchased to feed this week as buyers pushed cow prices well over packer buyers orders for slaughter cows. The volume of cows purchased for immediate harvest remains very low, however more cows were purchased to slaughter this week than the last few weeks. Slaughter cows sold mostly steady on breaking, boning and lean cows sold mostly steady to 2.00 higher in a very narrow comparison. Slaughter bulls sold mostly 2.00-4.00 higher in a narrow comparison. Feeding bull buyers continue to show very good demand for light weight and lower dressing bulls that would improve on feed. Feeding bulls sold mostly 5.00 higher. Bull quality this week was mostly attractive and better than the last few weeks. Demand for young cows remains very good. Young age offerings sold mostly 5.00-10.00 higher. Quality this week was average to attractive. Several sets of attractive wet bagged 2 year olds sold for $3,200-3,350 per head!

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
425–435 434 14 625.00–630.00 $629.30 $2,731
605 605 2 460.00 $460.00 $2,783
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1057 1057 10 325.00 $325.00 $3,435
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
692–695 693 8 360.00–385.00 $381.86 $2,646
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
618–620 619 3 430.00–432.50 $431.66 $2,672
925 925 3 327.50 $327.50 $3,029

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
395 395 1 530.00 $530.00 $2,094
467–499 486 30 492.50–510.00 $499.22 $2,426 -20.78
528 528 10 457.50 $457.50 $2,416
600 600 2 410.00 $410.00 $2,460 +10.00
807 807 3 340.00 $340.00 $2,744
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
323 323 2 510.00 $510.00 $1,647
523–539 530 19 435.00–460.00 $447.38 $2,371 -7.62
573 573 9 428.00 $428.00 $2,452 +30.96
610–647 642 7 385.00–397.50 $395.80 $2,541
660–685 673 4 355.00–365.00 $358.68 $2,414
710 710 2 360.00 $360.00 $2,556
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
483 483 2 385.00 $385.00 $1,860
672 672 3 345.00 $345.00 $2,318

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Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1141 1141 4 270.00 $270.00 $3,081 ±0.00
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
505 505 2 490.00 $490.00 $2,474
663 663 2 390.00 $390.00 $2,586
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
687 687 3 360.00 $360.00 $2,473
Medium and Large 1 ($/head)
Weight (lb) Avg wt Head Price range Avg $ Δ last sale
90 90 2 900.00 $900.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt Head Price range Avg $ Δ last sale
80–90 85 2 800.00–825.00 $813.24

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1230–1595 1352 80-85% 22 155.00–172.00 $168.65 $2,280 +2.61
1395 1395 80-85% 1 129.00 $129.00 $1,800 -37.04
1235–1613 1411 80-85% 62 172.00–183.00 $177.05 $2,498 -8.83
1455 1455 80-85% 1 168.00 $168.00 $2,444
1260–1850 1472 80-85% 29 184.00–193.00 $187.44 $2,759
1425–1705 1612 80-85% 3 156.00–166.00 $163.05 $2,628 -7.31
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1325–1720 1493 75-80% 12 183.00–187.50 $184.65 $2,757
1545–1585 1568 75-80% 3 165.00–170.00 $168.36 $2,640 -13.30
1435–1694 1590 75-80% 29 170.00–180.00 $178.19 $2,833 -3.47
1555–1833 1684 75-80% 13 168.00–175.00 $170.86 $2,877 -5.94
1610–1760 1685 75-80% 2 161.00–165.00 $163.09 $2,748 -13.71
1800 1800 75-80% 1 180.50 $180.50 $3,249
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
890–915 903 85-90% 2 120.00–132.50 $126.16 $1,139 -2.86
1075–1220 1146 85-90% 6 122.00–142.00 $131.43 $1,506 +6.78
995–1245 1182 85-90% 16 170.00–179.00 $174.08 $2,058 +61.58
930–1297 1183 85-90% 20 145.00–169.00 $162.87 $1,927 +50.37
1205 1205 85-90% 1 85.00 $85.00 $1,024
1200–1245 1223 85-90% 2 186.00–188.00 $186.98 $2,287 +4.21

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1330–1445 1388 2 180.00–188.00 $184.17 $2,556 -35.83
1335–1635 1511 6 201.00–208.50 $205.16 $3,100 -6.42
1620–1625 1623 2 192.50–199.00 $195.76 $3,177
1488–1910 1672 20 209.00–222.50 $216.11 $3,613
1655–2060 1868 8 218.00–221.00 $219.55 $4,101 +26.55
1970 1970 1 225.00 $225.00 $4,432
1845–2355 2051 11 223.00–229.00 $226.08 $4,637 +4.30
2255 2255 3 229.50 $229.50 $5,175

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
745–891 thin fleshed 832 (<2 yrs)Open 13 320.00–347.50 $332.16 $2,764
875–1340 1034 (<2 yrs)Open 65 226.00–361.00 $306.37 $3,168
1220 1220 Young (2-4 yrs)Open 1 187.50 $187.50 $2,288
875–1425 1234 Young (2-4 yrs)Open 54 194.00–332.50 $230.73 $2,847
1295–1470 1367 Young/Middle Aged (2-8 yrs)Open 6 185.00–194.00 $189.50 $2,590
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
870–1085 952 (<2 yrs)Open 10 250.00–327.50 $294.84 $2,807
950–1230 1057 Young (2-4 yrs)Open 17 181.00–287.50 $243.60 $2,575
1110 1110 Young/Middle Aged (2-8 yrs)Open 2 270.00 $270.00 $2,997
Medium 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
775 775 Young (2-4 yrs)Open 1 222.50 $222.50 $1,724

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1033–1355 1140 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 3 3,800.00–4,000.00 $3,920.78
1208–1394 1332 Young (2-4 yrs)3rd Stage (7-9 mo) 6 4,150.00–4,250.00 $4,180.23
1355 1355 Middle Aged/Aged (>5 yrs)2nd Stage (4-6 mo) 1 3,400.00 $3,400.00
1480 1480 Young (2-4 yrs)2nd Stage (4-6 mo) 1 3,200.00 $3,200.00
1587 1587 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 3 3,250.00 $3,250.00

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Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1437 1437 Young/Middle Aged (2-8 yrs)Open 6 3,900.00 $3,900.00

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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.