Cattle Market Pulse

Public Auction Yards Livestock Cattle Auction Market Report, Billings, MT

Billings, Montana · USDA-reported Auction Livestock

Sale of Wednesday, October 14, 2026

1,205 head sold ·Official USDA report

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

heavy 9-weight M&L 1 heifers $292.50/cwt -6.00 vs last sale · ≈ $2,855/hd at 976 lb · 13 head
heavy 8-weight M&L 1 heifers $310.00/cwt -10.17 vs last sale · ≈ $2,669/hd at 861 lb · 12 head
HeadThis saleLast saleLast year
Total receipts 1,205 1,978 1,312
Feeder cattle 78 603 242
Slaughter cattle 683 1,010 521
Replacement cattle 444 365 549

Compared to last week (10-07-26): Feeder cattle were all too lightly tested to develop any market trend. Todays sale mostly featured bred cows, weigh cows and bulls. A few tested open heifers were seen off bred heifer offerings. Demand was mostly moderate for limited offerings. Quality this week was mostly average to attractive. Weigh up cows sold on mostly moderate to good demand for moderate offerings. Demand for feeding cows was slightly stronger this week as American packers and Canadian buyers both showed good demand for high quality offerings. Feeding cows sold generally steady to 2.00 higher with the biggest increase in price seen for high quality offerings. Cow quality was mixed this week from plain to attractive. Additional private farmer feeders were in the market again this week and they showed good demand for thin or slightly blemished cows to feed, these offerings sold fully steady with last week. Slaughter cows sold mostly steady to 2.00 higher on breaking cows. Boning and lean cows sold mostly steady to 2.00 lower. With a large crowd of feeding buyers present, most cows were purchased to feed leaving mostly very poor and low yielding cows for slaughter cow buyers to pick from. Weigh up conditions were mostly average to below average again today. Slaughter bulls sold mostly 2.00-3.00 higher as packer buyers showed stronger demand for bulls for immediate harvest. Feeding bulls sold fully steady in a narrow comparison. Young age cows suitable to feed or rebreed sold on good to very good demand today with several more buyers purchasing this class of cow this week. Young age offerings sold mostly steady on like quality offerings. However quality this week was not as attractive overall as last week. A light offering of bred cows was seen today and demand was mostly good. Quality was average to attractive.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
861 861 12 310.00 $310.00 $2,669 -10.17
930 930 2 300.00 $300.00 $2,790 -7.00
976 976 13 292.50 $292.50 $2,855 -6.00
1009–1035 1014 5 292.00–295.00 $292.61 $2,967 —
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1113 fancy 1113 6 290.00 $290.00 $3,228 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
800–815 808 2 307.00–310.00 $308.49 $2,493 —

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
871 871 9 300.00 $300.00 $2,613 —

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1273–1640 1359 80-85% 40 100.00–116.00 $110.01 $1,495 -2.97
1295–1518 1387 80-85% 58 112.50–136.00 $122.34 $1,697 -24.97
1200–1475 1388 80-85% 23 152.00–156.00 $154.23 $2,141 +6.92
1268–1745 1406 80-85% 117 138.50–151.00 $146.10 $2,054 +25.52
1310–1545 1408 80-85% 8 117.00–126.00 $120.38 $1,695 -0.20
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
955 955 85-90% 1 97.50 $97.50 $931 -19.50
980 980 85-90% 1 107.50 $107.50 $1,054 -9.50
1030–1205 1148 85-90% 6 85.00–94.00 $90.42 $1,038 —
1080–1245 1163 85-90% 4 148.00–155.00 $150.09 $1,746 +30.06
1008–1283 1167 85-90% 41 114.50–135.00 $128.06 $1,494 +8.03
1020–1345 1218 85-90% 42 136.00–147.00 $140.69 $1,714 -1.80
1218–1260 1239 85-90% 4 118.50–119.00 $118.75 $1,471 -23.74
865–1590 1271 85-90% 64 95.00–116.00 $106.38 $1,352 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1493–1580 1549 75-80% 14 149.00–154.00 $150.55 $2,332 +0.20
1540–1625 1583 75-80% 16 137.00–148.00 $145.66 $2,306 +4.49
1580–1710 1659 75-80% 4 133.00–136.00 $133.74 $2,219 —
1680 1680 75-80% 1 110.00 $110.00 $1,848 —
1590–1803 1719 75-80% 7 118.00–129.00 $123.21 $2,118 —
1778–1805 1802 75-80% 16 132.50–135.00 $132.81 $2,393 —

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1560–1940 1675 14 175.00–183.00 $177.99 $2,981 +11.49
1450–2130 1702 3 162.50–170.00 $167.87 $2,857 —
1875 1875 1 192.00 $192.00 $3,600 +6.50
1915–2090 1968 6 177.00–186.00 $180.06 $3,544 —
1990–2200 2058 4 169.00–176.00 $171.85 $3,537 —
YG2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
2330 2330 1 179.00 $179.00 $4,171 —

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
820–1350 956 (<2 yrs)Open 75 225.00–324.00 $294.09 $2,812
1016–1353 1126 Young (2-4 yrs)Open 31 172.00–277.50 $230.28 $2,593
1125–1420 1298 Young/Middle Aged (2-8 yrs)Open 4 160.00 $160.00 $2,077
1318–1365 1334 Young (2-4 yrs)Open 3 162.50–171.00 $165.40 $2,206
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
730–1125 873 (<2 yrs)Open 15 220.00–300.00 $280.42 $2,448
910–1345 1136 Young (2-4 yrs)Open 19 155.00–255.00 $197.30 $2,241
1258 1258 Young/Middle Aged (2-8 yrs)Open 2 157.00 $157.00 $1,975
Medium 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
885 885 (<2 yrs)Open 1 255.00 $255.00 $2,257

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1110–1360 1194 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 14 3,200.00–3,650.00 $3,507.24
1213–1438 1295 Aged (>8 yrs)1st/2nd Stage (1-6 mo) 76 2,250.00–2,400.00 $2,340.80
1377 1377 Aged (>8 yrs)1st Stage (1-3 mo) 5 2,050.00 $2,050.00
1405 1405 Young (2-4 yrs)1st Stage (1-3 mo) 1 3,300.00 $3,300.00
1208–1560 1409 Middle Aged/Aged (>5 yrs)1st/2nd Stage (1-6 mo) 35 2,375.00–2,625.00 $2,586.18
1526 1526 Aged (>8 yrs)2nd Stage (4-6 mo) 8 2,425.00 $2,425.00
1680 1680 Middle Aged/Aged (>5 yrs)1st/2nd Stage (1-6 mo) 2 2,150.00 $2,150.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1213 thin fleshed 1213 Aged (>8 yrs)1st/2nd Stage (1-6 mo) 2 1,800.00 $1,800.00
1229 1229 Aged (>8 yrs)1st Stage (1-3 mo) 4 1,650.00 $1,650.00
1200–1345 1294 Aged (>8 yrs)1st/2nd Stage (1-6 mo) 6 1,950.00–2,200.00 $2,016.48
1294 1294 Middle Aged/Aged (>5 yrs)1st Stage (1-3 mo) 4 2,200.00 $2,200.00
1415 1415 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 2 2,150.00 $2,150.00
Medium 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1006 1006 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 5 2,750.00 $2,750.00
1142 1142 Aged (>8 yrs)1st/2nd Stage (1-6 mo) 9 2,050.00 $2,050.00

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1047–1070 1048 (<2 yrs)1st/2nd Stage (1-6 mo) 42 3,375.00–3,525.00 $3,515.99
Medium 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
900–973 927 (<2 yrs)1st/2nd Stage (1-6 mo) 11 3,000.00–3,160.00 $3,098.90

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1531 1531 Middle Aged/Aged (>5 yrs)1st/2nd Stage (1-6 mo) 8 3,900.00 $3,900.00 —
1563 1563 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 9 4,300.00 $4,300.00 —

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N/N/A ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1501–1545 1505 80-85% 12 110.00–112.00 $111.83 $1,683 —
1663 1663 85-90% 2 97.50 $97.50 $1,621 —

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hdΔ last sale
928–1285 1084 Young (2-4 yrs)N/A 18 237.50–294.00 $273.60 $2,966 +9.20
1305–1425 fancy 1365 Young (2-4 yrs)N/A 4 260.00–270.00 $264.78 $3,614 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hdΔ last sale
1380 1380 Young (2-4 yrs)N/A 1 202.50 $202.50 $2,794 —

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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.