Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, April 29, 2026

1,046 head sold ·Official USDA report

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

light 7-weight M&L 1 heifers $375.00/cwt ≈ $2,711/hd at 723 lb · 20 head
heavy 6-weight M&L 1 heifers $377.50/cwt ≈ $2,616/hd at 693 lb · 14 head
heavy 6-weight M&L 1-2 heifers $370.00/cwt -4.01 vs last sale · ≈ $2,586/hd at 699 lb · 12 head
HeadThis saleLast saleLast year
Total receipts 1,046 1,251 1,094
Feeder cattle 245 663 178
Slaughter cattle 421 376 499
Replacement cattle 380 212 417

Compared to last week (4-22-26): Feeder cattle too lightly tested to develop any market trend. Demand was mostly moderate to good for light offerings. Most feeders were offered in small packages or as singles. Feeder quality this week was mostly plain to average. Quality and light offerings limited demand as many plain, small packages were noticed. A mix of order buyers and ranchers were in the stands this week bidding on offerings. 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 1.00 to 4.00 higher on all classes. Buyers continue to show very good demand for young and high yielding offerings. Young to middle age feeding cows sold with the best demand as feeding and rebreed buyers both bid aggressively over cows that fit their orders. A large portion of the cow offering was purchased by Canadian feeding buyers this week. Major American packers were mostly sidelined as they refused to pay higher money for cow again this week. Quality this week was mostly average to attractive. Weigh up conditions were mostly average to above average this week with many offerings emptied out from being on green grass. Cows with blemishes were also heavily purchased to feed again this week, however very few heavily blemished offerings were seen. The volume of cows purchased for immediate harvest remains very low. Slaughter cows were too lightly tested to develop an accurate market trend, however steady to firm undertones were noticed. Slaughter bulls sold generally steady to weak 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 2.00 higher in a narrow comparison. Bull quality this week was mostly average to attractive, and overall not as attractive as last week. Demand for young cows remains very good. Young age offerings sold mostly steady to 5.00 higher. Quality this week was average to attractive.

New to these tables? Plain-English explainers ↓

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
453 453 2 545.00 $545.00 $2,469 -3.24
640–648 643 6 415.00–420.00 $418.32 $2,690 -16.68
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
603 603 3 470.00 $470.00 $2,834 +17.31

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
604 604 5 415.00 $415.00 $2,507 +15.00
693 693 14 377.50 $377.50 $2,616
723 723 20 375.00 $375.00 $2,711
750–752 752 9 355.00–364.00 $357.00 $2,685
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
400 400 4 525.00 $525.00 $2,100
699 699 12 370.00 $370.00 $2,586 -4.01
723 723 3 350.00 $350.00 $2,530
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
360 360 2 490.00 $490.00 $1,764 +30.00

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Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1095 1095 2 295.00 $295.00 $3,230
1159 1159 9 271.00 $271.00 $3,141
1261 1261 8 236.00 $236.00 $2,976
1265–1290 1278 6 247.50–250.00 $248.67 $3,178
1310 1310 1 225.00 $225.00 $2,948
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
498 498 3 515.00 $515.00 $2,565
519 519 6 520.00 $520.00 $2,699
898 898 2 325.00 $325.00 $2,918
955–963 960 3 322.50–325.00 $323.33 $3,104
1025–1030 1028 3 290.00–315.00 $298.31 $3,067
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt Head Price range Avg $ Δ last sale
104–110 107 7 675.00–700.00 $688.94
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
650–688 675 3 365.00–380.00 $369.81 $2,496 -18.10
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
443 443 2 490.00 $490.00 $2,171

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1230–1420 1325 80-85% 2 137.50–147.50 $142.14 $1,883
1201–1590 1372 80-85% 118 187.00–197.00 $190.37 $2,612 +72.87
1355–1645 1440 80-85% 16 154.00–177.00 $170.69 $2,458 -9.50
1375–1590 1440 80-85% 11 152.00–163.00 $160.57 $2,312 -19.62
1260–1670 1453 80-85% 63 180.00–188.00 $184.71 $2,684
1455 1455 80-85% 6 185.50 $185.50 $2,699
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
800 800 85-90% 1 125.00 $125.00 $1,000
925 925 85-90% 1 145.00 $145.00 $1,341
990 990 85-90% 1 112.50 $112.50 $1,114
1065 1065 85-90% 1 125.00 $125.00 $1,331
880–1262 1086 85-90% 25 140.00–175.00 $162.51 $1,765
1030–1300 1167 85-90% 13 155.00–168.00 $161.82 $1,888 -0.68
1110–1210 1174 85-90% 4 135.00–145.00 $138.59 $1,627 -23.91
1060–1237 1211 85-90% 17 180.00–187.00 $186.03 $2,253 -2.69
1085–1285 1212 85-90% 43 188.00–194.00 $190.66 $2,311 +1.94
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1513–1589 1560 75-80% 11 187.00–192.50 $188.63 $2,943 +0.48
1600–1675 1635 75-80% 4 179.00–186.00 $182.96 $2,991 +4.41
1570–1825 1655 75-80% 6 170.00–177.00 $174.43 $2,887 +10.09
1825 1825 75-80% 1 170.00 $170.00 $3,102

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
910–1285 1120 3 170.00–180.00 $175.18 $1,962
1230–1595 1372 6 190.50–210.00 $206.12 $2,828
1460 1460 1 191.00 $191.00 $2,789 -13.98
1255–1861 1597 15 210.00–220.00 $214.59 $3,427
1555–2285 1944 14 207.00–221.00 $215.42 $4,188 -3.69
1880–2375 2106 4 223.00–228.00 $225.21 $4,743
YG2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1327 1327 5 220.00 $220.00 $2,919
1473 1473 4 200.00 $200.00 $2,946

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
797–1233 1067 (<2 yrs)Open 91 237.50–350.00 $294.13 $3,138
965–1470 1142 Young (2-4 yrs)Open 62 191.00–330.00 $255.61 $2,919
1188–1475 1293 Young/Middle Aged (2-8 yrs)Open 20 191.00–220.00 $197.45 $2,553
1270–1318 1297 (<2 yrs)Open 4 235.00–243.00 $241.03 $3,126
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
916–1215 1027 (<2 yrs)Open 18 225.00–315.00 $267.94 $2,752
900–1280 1051 Young (2-4 yrs)Open 42 190.00–300.00 $245.30 $2,578
Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
958–1380 1150 (<2 yrs)Open 8 201.00–310.00 $249.94 $2,874
1375 1375 (<2 yrs)Open 2 242.00 $242.00 $3,328
1490 1490 Young (2-4 yrs)Open 1 188.00 $188.00 $2,801
Medium 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
771–835 786 (<2 yrs)Open 8 315.00–330.00 $318.88 $2,506
740–855 798 Young (2-4 yrs)Open 2 300.00 $300.00 $2,394
Medium 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
790 790 Young (2-4 yrs)Open 1 240.00 $240.00 $1,896
875–895 885 (<2 yrs)Open 5 245.00–285.00 $274.93 $2,433
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1020 1020 (<2 yrs)Open 2 255.00 $255.00 $2,601
Medium 2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1195 1195 Young (2-4 yrs)Open 1 167.50 $167.50 $2,002
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1600 1600 Young/Middle Aged (2-8 yrs)Open 1 222.50 $222.50

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1130 1130 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 1 3,200.00 $3,200.00
1137–1490 1227 Young (2-4 yrs)3rd Stage (7-9 mo) 24 3,950.00–4,200.00 $4,081.20
1193–1360 1253 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 5 3,300.00–3,850.00 $3,673.51
1055–1450 1325 Middle Aged/Aged (>5 yrs)3rd Stage (7-9 mo) 4 3,500.00–3,700.00 $3,577.69
1393 1393 Middle Aged (5-8 yrs)3rd Stage (7-9 mo) 2 3,700.00 $3,700.00
1395 1395 Middle Aged/Aged (>5 yrs)2nd/3rd Stage (4-9 mo) 2 3,400.00 $3,400.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1190 1190 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 1 3,300.00 $3,300.00
1100–1360 1230 Young (2-4 yrs)3rd Stage (7-9 mo) 2 3,650.00–3,750.00 $3,705.28
1315 1315 Aged (>8 yrs)3rd Stage (7-9 mo) 2 2,900.00 $2,900.00

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N/N/A ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1305 1305 85-90% 1 139.00 $139.00 $1,814
1403 1403 80-85% 3 170.00 $170.00 $2,385
1623–1635 1627 80-85% 3 150.00–150.50 $150.17 $2,443
1955 1955 75-80% 1 168.00 $168.00 $3,284

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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.