Cattle Market Pulse

Miles City Livestock Commission Auction Market Report

Miles City, Montana · USDA-reported Auction Livestock

Sale of Tuesday, October 3, 2023

1,435 head sold ·Official USDA report

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

heavy 6-weight M&L 1 heifers $269.50/cwt +0.50 vs last sale · ≈ $1,781/hd at 661 lb · 128 head
light 7-weight M&L 1 heifers $261.23/cwt +6.91 vs last sale · ≈ $1,907/hd at 730 lb · 89 head
light 7-weight M&L 1 steers $274.86/cwt +6.86 vs last sale · ≈ $1,977/hd at 719 lb · 85 head
HeadThis saleLast saleLast year
Total receipts 1,435 997 1,412
Feeder cattle 978 809 1,112
Slaughter cattle 375 101 231
Replacement cattle 82 87 69

Compared to week: Feeder steers were all too lightly tested to develop an accurate market trend, however higher undertones were noticed on yearlings under 800 lbs and lower undertones were noticed on yearlings over 800 lbs. Yearling heifers under 850 lbs sold mostly 3.00-5.00 higher. Heifers over 850 lbs were not well compared, however lower undertones were noticed. Demand for both sexes of lightweight yearlings (under 850 lbs) was good to very good as buyers look to market most of these offerings against the April live cattle contract. Most of these consignments were in light flesh as many were coming off grass and out of country disseminated by grasshoppers. Consignments of spring born calves have been slow to come to market. Some late season rains have helped green up pastures and allowed ranchers to keep cows and calves out on grass. Calves sold on mostly moderate demand for light offerings. Not enough steer or heifer calves were seen this week to develop an accurate market trend, steady undertones were noticed. CME positions traded off sharply again today. Feeder cattle contracts closed 4.725 lower on the October to close at 248.60 while the November closed at 250.60, 5.35 lower. Market activity was mostly active today. Weigh up cows sold on mostly moderate demand for light offerings. Demand for slaughter cows was lighter this week as all packers showed lighter demand for cows. Slaughter cows sold 3.00-4.00 lower on all classes in a narrow comparison. Feeding cows sold 3.00-4.00 lower in a narrow comparison. Slaughter bulls sold 4.00-5.00 lower. Weigh up conditions were mixed this week. Young age cows were too lightly tested last week to develop an accurate market trend, steady undertones were noticed. Good demand was seen for all offerings.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
376 unweaned 376 4 350.00 $350.00 $1,316
450–472 unweaned 468 9 311.00–322.50 $313.21 $1,466
509–517 unweaned 516 23 301.00–313.00 $303.06 $1,564
556 unweaned 556 10 293.00 $293.00 $1,629
552–569 thin fleshed 563 8 287.00–290.00 $288.10 $1,622
650–684 681 11 282.50 $282.50 $1,924
700 thin fleshed 700 11 286.00 $286.00 $2,002
717–744 722 74 271.50–275.00 $273.20 $1,973 +5.20
840 840 75 245.50 $245.50 $2,062 -9.54
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
460–465 unweaned 463 2 287.50–302.00 $294.79 $1,365
580 unweaned 580 1 283.00 $283.00 $1,641
703 703 2 268.00 $268.00 $1,884 +16.00
849 849 5 243.00 $243.00 $2,063
910–940 930 3 232.50–236.00 $234.86 $2,184
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
517 517 7 254.00 $254.00 $1,313
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
604 604 4 275.00 $275.00 $1,661

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
336 unweaned 336 39 318.00 $318.00 $1,068 -16.00
350 unweaned 350 8 307.00 $307.00 $1,074
455–477 unweaned 476 20 282.50–283.00 $282.98 $1,347
501 unweaned 501 22 268.00 $268.00 $1,343
588 unweaned 588 3 250.00 $250.00 $1,470
654–663 661 128 267.50–270.50 $269.50 $1,781 +0.50
711–743 730 89 258.00–264.75 $261.23 $1,907 +16.26
750 thin fleshed 750 8 265.50 $265.50 $1,991
752 752 25 249.00 $249.00 $1,872 +12.00
805–835 811 31 235.00–245.50 $243.15 $1,972 +6.99
852–865 852 46 231.00–237.00 $236.87 $2,018 +6.23
908–932 920 62 223.50–232.00 $226.00 $2,079 -3.21
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
576 576 9 275.50 $275.50 $1,587
556–581 thin fleshed 578 34 282.50–284.00 $283.18 $1,637
616–644 640 37 266.00–269.50 $266.60 $1,706
672 672 10 251.00 $251.00 $1,687
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
270 unweaned 270 7 317.50 $317.50 $857
314 unweaned 314 9 295.00 $295.00 $926 -10.00
780 780 4 246.00 $246.00 $1,919 +7.78
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
372 unweaned 372 5 252.50 $252.50 $939
791 791 7 236.00 $236.00 $1,867
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1092 1092 3 211.00 $211.00 $2,304

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
555 unweaned 555 3 290.00 $290.00 $1,610

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Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
878–900 884 85-90% 4 61.00–62.00 $61.25 $541 -6.34
780–913 889 85-90% 10 75.00–87.00 $80.94 $720 +13.35
1070 1070 85-90% 1 78.00 $78.00 $835 -6.00
1017–1340 1092 85-90% 132 78.00–95.00 $87.86 $959 +3.86
1051–1315 1134 85-90% 39 91.00–100.00 $96.38 $1,093 -10.76
1125–1215 1186 85-90% 4 109.50–111.00 $110.39 $1,309 +7.80
1010–1268 1211 85-90% 37 98.00–109.00 $102.86 $1,246 -6.64
1150–1275 1237 85-90% 9 98.00–105.50 $98.86 $1,223 -10.64
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1280–1515 1361 80-85% 15 102.00–110.50 $104.84 $1,427 -6.03
1330–1520 1372 80-85% 35 104.00–110.50 $105.81 $1,452 -5.06
1345–1583 1447 80-85% 10 89.00–95.00 $93.28 $1,350 -8.91
1455 1455 80-85% 1 112.00 $112.00 $1,630
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1499–1515 1501 75-80% 7 108.00–109.00 $108.86 $1,634
1510 1510 75-80% 2 110.00 $110.00 $1,661
1485–1655 1570 75-80% 2 103.00 $103.00 $1,617

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1355–1490 1418 4 103.50–105.00 $104.12 $1,476
1225–1805 1555 3 113.00–114.00 $113.26 $1,761
1555–1905 1809 9 92.50–108.00 $101.63 $1,838
1635–1940 1813 4 108.00–113.00 $110.52 $2,004

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
896–1055 935 (<2 yrs)Open 42 147.00–172.00 $158.39 $1,481
850–1213 986 Young (2-4 yrs)Open 32 109.00–153.00 $134.88 $1,330
Medium 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
623 623 (<2 yrs)Open 2 110.00 $110.00 $685
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
875 875 (<2 yrs)Open 1 120.00 $120.00 $1,050

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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.