Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, May 6, 2026

1,185 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 1,185 1,046 1,140
Feeder cattle 55 245 58
Slaughter cattle 308 421 321
Replacement cattle 822 380 761

Compared to last week (4-29-26): Feeder cattle too lightly tested to develop any market trend. Most feeders were offered in small packages or as singles. Feeder quality this week was mostly plain to average. Market activity was mostly moderate to active, despite light offerings. 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 generally steady to firm on all classes. Quality this week was mostly average to attractive. Buyers continue to show very good demand for young and high yielding offerings. Young to middle age feeding cows continue to sell with the best demand as feeding and rebreed buyers both bid aggressively over cows that fit their orders. Weigh up conditions were mostly average to above average this week, however weigh conditions were not as attractive this week as they were last week. 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 undertones were noticed. Slaughter bulls sold generally steady to firm 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 3.00 higher in a narrow comparison. Bull quality this week was mostly average to attractive. Demand for young cows remains very good. Young age offerings sold mostly steady. Quality this week was average to attractive. A few pairs are starting to be marketed due to dryness. Demand for pairs was mostly moderate this sale. Demand has lightened as concern for drought is keeping ranchers from bidding on pairs. There was a large crowd of ranchers in the stands today, however most were just there to watch.

New to these tables? Plain-English explainers ↓

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt Head Price range Avg $ Δ last sale
73 73 2 750.00 $750.00

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
580 580 2 422.50 $422.50 $2,450
610–615 613 2 415.00–420.00 $417.51 $2,559 +2.51
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
428 428 2 505.00 $505.00 $2,161 -20.00
Medium and Large 1 ($/head)
Weight (lb) Avg wt Head Price range Avg $ Δ last sale
100 100 1 950.00 $950.00

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
585 585 1 415.00 $415.00 $2,428

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1258–1523 1371 80-85% 27 187.00–194.00 $190.29 $2,609 -0.08
1295–1495 1406 80-85% 10 162.00–175.00 $168.33 $2,367 -2.36
1280–1593 1408 80-85% 26 175.00–188.00 $181.64 $2,557 +10.95
1410–1700 1595 80-85% 3 152.00–156.00 $153.99 $2,456
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
955 955 85-90% 1 125.00 $125.00 $1,194 +12.50
975 975 85-90% 1 110.00 $110.00 $1,072 -2.50
908–1390 1097 85-90% 9 132.50–142.50 $137.54 $1,509 -24.97
1010–1175 1134 85-90% 4 100.00–125.00 $119.43 $1,354
985–1273 1172 85-90% 11 150.00–174.00 $166.13 $1,947 +27.54
1177–1285 1201 85-90% 23 189.00–194.00 $191.05 $2,295 +5.02
1145–1270 1211 85-90% 10 175.00–188.00 $184.17 $2,230 -1.86
1215 1215 85-90% 1 162.50 $162.50 $1,974 -28.16
1165–1280 1223 85-90% 2 173.00–175.00 $174.05 $2,129 -16.61
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1515–1605 1556 75-80% 10 188.00–195.50 $192.30 $2,992 +3.67
1585 1585 75-80% 1 171.00 $171.00 $2,710 -17.63
1570–1775 1673 75-80% 2 165.00–170.00 $167.35 $2,800 -7.08
1640–1740 1690 75-80% 2 175.00 $175.00 $2,958 +0.57
1670–1995 1789 75-80% 5 154.00–162.50 $157.08 $2,810

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1465–1635 1550 2 165.00–172.50 $168.54 $2,612
1320–2190 1598 34 215.00–223.00 $218.02 $3,484 +3.43
1380–1865 1663 9 194.00–212.00 $205.73 $3,421
1740 1740 1 204.00 $204.00 $3,550
1670–2230 1934 19 208.00–221.00 $217.10 $4,199 +1.68
1740–2315 2136 10 222.00–230.00 $224.53 $4,796 -0.68
YG2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
2124–2168 2146 16 223.00–227.00 $225.02 $4,829

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
820–1320 1051 (<2 yrs)Open 44 220.00–341.00 $292.74 $3,077
1030–1490 1166 Young (2-4 yrs)Open 35 192.00–312.50 $252.34 $2,942
1080–1515 1300 Young/Middle Aged (2-8 yrs)Open 7 190.00–202.50 $195.60 $2,543
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
855–1075 959 (<2 yrs)Open 7 240.00–305.00 $274.06 $2,628
905–1180 1026 Young (2-4 yrs)Open 19 200.00–307.50 $258.27 $2,650
Medium 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
750–890 831 (<2 yrs)Open 11 295.00–325.00 $317.30 $2,637
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
957 957 (<2 yrs)Open 6 310.00 $310.00
1045 1045 Young (2-4 yrs)Open 2 215.00 $215.00
Medium 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
820 820 Young (2-4 yrs)Open 1 225.00 $225.00 $1,845
800–853 828 (<2 yrs)Open 4 255.00–280.00 $270.31 $2,238

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1075–1403 1288 Young (2-4 yrs)3rd Stage (7-9 mo) 41 4,100.00–4,300.00 $4,196.85
1343 1343 Young (2-4 yrs)2nd Stage (4-6 mo) 2 3,600.00 $3,600.00
1445 1445 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 4 3,700.00 $3,700.00
1320–1575 1536 Middle Aged/Aged (>5 yrs)3rd Stage (7-9 mo) 7 3,450.00–3,800.00 $3,525.84
1610 1610 Middle Aged/Aged (>5 yrs)2nd/3rd Stage (4-9 mo) 1 3,400.00 $3,400.00
1649 1649 Aged (>8 yrs)3rd Stage (7-9 mo) 4 3,550.00 $3,550.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1290 1290 Middle Aged/Aged (>5 yrs)3rd Stage (7-9 mo) 1 3,250.00 $3,250.00
1286–1565 1342 Aged (>8 yrs)3rd Stage (7-9 mo) 5 3,100.00–3,300.00 $3,253.35
1480 1480 Young (2-4 yrs)3rd Stage (7-9 mo) 2 3,700.00 $3,700.00

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1152–1230 1163 (<2 yrs)3rd Stage (7-9 mo) 7 3,900.00 $3,900.00
Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1347 1347 (<2 yrs)3rd Stage (7-9 mo) 4 3,700.00 $3,700.00

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1275 thin fleshed 1275 Aged (>8 yrs)Open 1 3,600.00 $3,600.00
1388 1388 Young (2-4 yrs)Open 10 4,750.00 $4,750.00
1338–1538 1404 Middle Aged/Aged (>5 yrs)Open 21 4,200.00–4,350.00 $4,223.60
1435–1738 1553 Aged (>8 yrs)Open 76 3,975.00–4,300.00 $4,060.28
1629 1629 Middle Aged (5-8 yrs)Open 4 4,550.00 $4,550.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
997 997 Young (2-4 yrs)Open 12 4,200.00 $4,200.00
1285–1373 1329 Young (2-4 yrs)Open 4 4,150.00–4,500.00 $4,330.79
1343 1343 Middle Aged (5-8 yrs)Open 3 4,450.00 $4,450.00
1363 1363 Middle Aged (5-8 yrs)Open 2 3,600.00 $3,600.00
1420–1483 1436 Aged (>8 yrs)Open 8 3,650.00–3,800.00 $3,688.73
Medium 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1146 1146 Young (2-4 yrs)Open 10 4,900.00 $4,900.00

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1075–1088 1080 (<2 yrs)Open 64 4,550.00–5,300.00 $5,070.60
1208–1292 1255 (<2 yrs)Open 27 5,300.00–5,350.00 $5,328.60
Medium 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
934–1049 961 (<2 yrs)Open 25 4,200.00–4,600.00 $4,452.62
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1003 1003 (<2 yrs)Open 2 4,000.00 $4,000.00

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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.