Cattle Market Pulse

Miles City Livestock Commission Auction Market Report

Miles City, Montana · USDA-reported Auction Livestock

Sale of Tuesday, January 26, 2021

1,906 head sold ·Official USDA report

This is an archived report. See the latest Miles City Livestock Commission Auction report →

light 5-weight M&L 1 steers $180.19/cwt +5.27 vs last sale · ≈ $926/hd at 514 lb · 272 head
heavy 6-weight M&L 1 steers $152.75/cwt ≈ $1,036/hd at 678 lb · 202 head
light 4-weight M&L 1 heifers $175.09/cwt +7.45 vs last sale · ≈ $749/hd at 428 lb · 137 head
HeadThis saleLast saleLast year
Total receipts 1,906 2,182 3,549
Feeder cattle 1,505 1,063 2,868
Slaughter cattle 220 255 155
Replacement cattle 181 864 526

Compared to last week: steer calves under 500 lbs sold steady to firm, steers 500 lbs and heavier sold steady to 5.00 higher. Heifers all sold sold 3.00-7.00 higher. Quality this week was average to very attractive. Several load lots of cattle were seen this week and these offerings sold on very good demand. Packages of calves sold on light to moderate demand. A good crowd was on hand for todays sale. Both order buyers and ranchers were actively bidding on offerings pushing all offerings higher. CME positions traded lower today as the January contract, which is near expiration, traded 0.90 lower, the March traded down 2.375 and the April traded down 1.975. Feeder cattle all traded lower as grain prices gained back some of last weeks losses. Market activity was mostly active this week. Weigh up cows sold on mostly good to very good demand for light offerings. Packers showed very good demand for slaughter cows this week as they showed need for cows for immediate harvest. The cutter cow cutout continued to push higher since last sale. The current cow cutout is 179.25, 2.14 higher than last Tuesday. Slaughter cows sold mostly 3.00-7.00 higher. Feeding cows sold mostly 3.00-5.00 higher. Cow quality was mostly plain to average this week. Slaughter bulls were too lightly tested to develop an accurate market trend, however higher undertones were noticed as slaughter and feeding buyers competed over offerings. Young age cows suitable to rebreed were too lightly tested last week to develop an accurate market trend, steady to higher undertones were noticed. A heavy offering of 3 coming 4 year old cows were seen this week.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
326 326 6 195.00 $195.00 $636
350–398 393 17 191.00–192.00 $191.05 $751
413–446 427 110 185.50–193.00 $189.70 $810 -1.10
459–492 489 101 184.25–184.50 $184.27 $901 +2.21
500–532 514 272 174.00–183.25 $180.19 $926 +5.27
555–593 577 73 158.50–168.00 $162.84 $940 +2.41
604–638 622 22 153.50–157.50 $155.51 $967 +6.18
665–696 678 202 149.00–157.50 $152.75 $1,036
809 809 4 129.00 $129.00 $1,044
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
366–367 366 30 185.00–187.00 $186.60 $683
421–444 428 29 175.00–182.00 $179.75 $769
459–461 460 21 175.00–177.50 $175.95 $809
508–540 527 16 155.00–169.00 $160.28 $845
665 665 4 141.00 $141.00 $938
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
578 578 4 157.00 $157.00 $907

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
422–440 428 137 172.00–176.50 $175.09 $749 +7.45
460–497 491 133 166.00–168.50 $167.49 $822 +3.82
505–522 508 37 164.50–165.00 $164.58 $836 +12.50
551–589 567 39 141.00–155.00 $148.60 $843 +4.29
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
363 363 8 157.00 $157.00 $570 -6.50
427–440 429 23 156.50–162.00 $157.24 $675
830 830 6 106.00 $106.00 $880

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
448 unweaned 448 17 165.00 $165.00 $739
561 unweaned 561 34 150.50 $150.50 $844
685 unweaned 685 11 129.00 $129.00 $884

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Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
870–985 927 85-90% 11 44.00–55.00 $53.19 $493 +8.38
1007–1260 1061 85-90% 32 54.50–58.50 $55.32 $587
915–1250 1085 85-90% 56 49.75–54.75 $53.27 $578
1000–1250 1115 85-90% 26 46.00–54.00 $51.37 $573 -1.29
1055–1215 1135 85-90% 2 43.00–45.00 $43.93 $499 -8.73
1080–1190 1174 85-90% 7 57.50–58.50 $57.63 $677 +9.37
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1260–1413 1299 80-85% 31 56.00–57.00 $56.28 $731
1203–1510 1349 80-85% 23 55.50–62.50 $58.09 $784 +6.55
1325–1440 1383 80-85% 2 55.00–55.50 $55.24 $764 +1.35
1320–1570 1434 80-85% 5 50.50–55.00 $52.70 $756
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1545–1650 1598 75-80% 2 53.50–57.50 $55.43 $886 +3.24
1490–1820 1623 75-80% 5 59.00–61.50 $60.25 $978

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1448 1448 2 84.00 $84.00 $1,216
1760–1856 1837 5 87.00–87.50 $87.10 $1,600 +4.84
1835–2370 2095 3 82.00–84.00 $83.15 $1,742

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
820–1323 992 Young (2-4 yrs)Open 108 53.00–86.00 $63.72 $632
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
963 963 Young (2-4 yrs)Open 6 54.50 $54.50 $525

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1320 1320 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 4 750.00 $750.00
1323 1323 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 34 1,400.00 $1,400.00

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
939–1004 957 (<2 yrs)2nd/3rd Stage (4-9 mo) 22 1,025.00–1,235.00 $1,174.90

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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.