Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, June 10, 2026

1,262 head sold ·Official USDA report

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

light 4-weight M&L 1-2 heifers $462.44/cwt ≈ $1,873/hd at 405 lb · 19 head
heavy 5-weight M&L 1-2 heifers $381.64/cwt ≈ $2,210/hd at 579 lb · 19 head
Billings, MT 4-weight heifers sold at $460/cwt. MT 4-weight heifers are down $45 from their early May peak of $506/cwt, with 1,262 head on offer. What this means — computed from this report and its neighbors
HeadThis saleLast saleLast year
Total receipts 1,262 827 1,188
Feeder cattle 233 249 168
Slaughter cattle 694 415 792
Replacement cattle 335 163 228

Compared to last week (6-3-26): Feeder cattle were too lightly tested today to develop any market trend. Quality this week was mostly plain to average. Most offerings were in small packages or as singles, forcing buyers to and start loads for the week. Demand was mostly moderate to good. Market activity was moderate with a small crowd on hand. Weigh up cows sold on mostly moderate to good demand. Feeding cows sold fully steady. A large crowd of feeding cow buyers was seen again this week. Buyers continue to show a willingness to take slightly lame or blemished cows to feed, which in turn allowed very few cows to be purchased for slaughter. Canadian buyers were very active this week buying cows to ship north to feed. Canadian buyers purchased mostly lean and boning flesh cows. American Packer buyers purchased a few lower quality cows to feed and hold for the upcoming 4th of July holiday week. Demand was good to very good for all cows suitable to feed this week as all classes had multiple takers. Slaughter cows were too lightly tested to develop an accurate market trend, however steady to weak undertones were noticed on all classes. Slaughter bulls sold mostly 1.00-3.00 higher on stronger packer demand. Bull quality was average to attractive and similar to last weeks offering. Feeding bulls sold 2.00 lower in a narrow comparison. Very few attractive feeding bulls were seen this week. Quality was mostly plain to average and not as attractive as last week. Demand for young cows suitable to feed or rebreed was good this week, and stronger than last week. Quality was mostly average to attractive. Young cows sold mostly 5.00-10.00 higher in a narrow comparison.

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
393 393 4 535.00 $535.00 $2,103 +15.00
633 633 2 440.00 $440.00 $2,785 +9.92
851 851 4 358.00 $358.00 $3,047
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
425 425 1 465.00 $465.00 $1,976
605 605 1 320.00 $320.00 $1,936
730 730 1 365.00 $365.00 $2,664 +22.50
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
935 935 2 345.00 $345.00 $3,226 -3.00
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
575 575 1 440.00 $440.00 $2,530

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
402–420 405 19 420.00–470.00 $462.44 $1,873
455–488 477 3 440.00–445.00 $441.59 $2,106
550–598 579 19 365.00–400.00 $381.64 $2,210
725 725 1 357.50 $357.50 $2,592
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
644 644 4 390.00 $390.00 $2,512
720–725 723 4 370.00 $370.00 $2,675 -0.71
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
715 715 2 325.00 $325.00 $2,324

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hdΔ last sale
465 unweaned 465 5 490.00 $490.00 $2,278
867–872 869 9 332.50 $332.50 $2,889
905 905 1 327.50 $327.50 $2,964
970 970 6 315.00 $315.00 $3,056
1290 1290 (<2 yrs)N/A 1 251.00 $251.00 $3,238
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
723 723 2 350.00 $350.00 $2,530
845 845 2 337.50 $337.50 $2,852 +9.99
896 896 7 320.00 $320.00 $2,867
1023 1023 3 280.00 $280.00 $2,864
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1141 1141 6 270.00 $270.00 $3,081 -6.67
1370 1370 1 230.00 $230.00 $3,151
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
692 692 3 350.00 $350.00 $2,422
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
765 765 1 330.00 $330.00 $2,524

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1265 1265 80-85% 1 137.50 $137.50 $1,739
1305 1305 80-85% 1 166.00 $166.00 $2,166 +22.00
1200–1588 1389 80-85% 96 186.00–196.50 $190.09 $2,640 +6.18
1248–1625 1394 80-85% 231 178.00–186.00 $183.09 $2,552 -0.82
1265–1685 1433 80-85% 42 145.00–179.00 $171.09 $2,452
1360–1655 1508 80-85% 2 147.50–163.00 $156.01 $2,353 -14.56
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
700–920 830 85-90% 3 85.00–105.00 $95.68 $794
885 885 85-90% 1 145.00 $145.00 $1,283
940–945 942 85-90% 3 117.50–124.00 $121.34 $1,143 +1.34
1050–1065 1058 85-90% 2 147.50–155.00 $151.22 $1,600
1015–1335 1140 85-90% 19 150.00–173.00 $163.11 $1,859 +29.35
1000–1335 1153 85-90% 8 127.50–142.50 $135.54 $1,563 +13.04
970–1280 1201 85-90% 68 175.00–186.00 $180.26 $2,165 -3.45
1105–1283 1208 85-90% 32 185.00–190.00 $186.41 $2,252 +2.70
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1440–1670 1580 75-80% 28 176.00–184.00 $181.04 $2,860 -2.21
1530–1785 1613 75-80% 12 167.00–175.00 $171.27 $2,763 +4.73
1608–1640 1619 75-80% 3 185.00–185.50 $185.33 $3,000 +18.79
1650–1965 1773 75-80% 3 161.00–164.00 $162.33 $2,878 -8.98
1820–1930 1866 75-80% 7 168.00–171.50 $169.21 $3,157

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1295 1295 1 195.00 $195.00 $2,525
1380–1815 1529 8 184.00–205.00 $193.24 $2,955
1500–1680 1582 6 205.00–220.00 $213.19 $3,373
1500–2223 1809 7 209.00–223.00 $215.83 $3,904
1510–2135 1814 5 190.00–208.00 $200.22 $3,632
1760–2275 2017 13 227.00–244.00 $231.89 $4,677
YG2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1965 1965 1 195.00 $195.00 $3,832
2230–2485 2358 2 206.00–209.00 $207.42 $4,891

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
994 994 (<2 yrs)Open 4 290.00 $290.00 $2,883
830–1415 1085 (<2 yrs)Open 81 217.50–332.50 $283.14 $3,072
915–1445 1156 Young (2-4 yrs)Open 60 197.00–312.50 $238.40 $2,756
1061–1355 1231 Young/Middle Aged (2-8 yrs)Open 34 188.00–220.00 $203.89 $2,510
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
930–1255 1119 (<2 yrs)Open 16 200.00–305.00 $235.13 $2,631
930–1310 1123 Young (2-4 yrs)Open 13 189.00–270.00 $213.81 $2,401
Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
965–1330 1121 (<2 yrs)Open 6 200.00–285.00 $221.64 $2,485
1265–1500 1383 Young (2-4 yrs)Open 2 187.00–189.00 $188.08 $2,601
Medium 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
700–915 824 (<2 yrs)Open 5 290.00–325.00 $304.36 $2,508
875 875 Young (2-4 yrs)Open 1 280.00 $280.00 $2,450
Medium 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
730–880 848 (<2 yrs)Open 5 225.00–275.00 $254.84 $2,161

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1045–1385 1199 Young (2-4 yrs)2nd Stage (4-6 mo) 4 3,650.00–3,700.00 $3,687.38
1347 1347 Young (2-4 yrs)3rd Stage (7-9 mo) 3 3,800.00 $3,800.00
1475 1475 Middle Aged/Aged (>5 yrs)3rd Stage (7-9 mo) 1 3,500.00 $3,500.00
1628 1628 Aged (>8 yrs)3rd Stage (7-9 mo) 3 3,450.00 $3,450.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1497 1497 Aged (>8 yrs)3rd Stage (7-9 mo) 3 2,900.00 $2,900.00

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1245 1245 Young (2-4 yrs)2nd Stage (4-6 mo) 1 3,800.00 $3,800.00
1305 1305 Young (2-4 yrs)3rd Stage (7-9 mo) 1 3,800.00 $3,800.00

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Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
887 887 33 316.00 $316.00 $2,803
Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
777 777 3 311.00 $311.00 $2,416

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Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
913 913 28 344.00 $344.00 $3,141
1044 1044 7 317.00 $317.00 $3,309

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1555 1555 Aged (>8 yrs)Open 15 4,150.00 $4,150.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1355 thin fleshed 1355 Aged (>8 yrs)Open 3 3,600.00 $3,600.00
1595–1600 1597 Middle Aged/Aged (>5 yrs)Open 3 4,000.00–4,150.00 $4,050.10
Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1461 1461 Middle Aged (5-8 yrs)Open 5 4,000.00 $4,000.00

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Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
990 990 5 215.00 $215.00 $2,128

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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.