Cattle Market Pulse

Miles City Livestock Commission Auction Market Report

Miles City, Montana · USDA-reported Auction Livestock

Sale of Tuesday, October 31, 2023

2,988 head sold ·Official USDA report

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

heavy 5-weight M&L 1 steers $279.47/cwt +15.39 vs last sale · ≈ $1,582/hd at 566 lb · 326 head
light 5-weight M&L 1 heifers $265.92/cwt +8.18 vs last sale · ≈ $1,391/hd at 523 lb · 231 head
light 4-weight M&L 1 heifers $284.18/cwt +6.44 vs last sale · ≈ $1,194/hd at 420 lb · 192 head
HeadThis saleLast saleLast year
Total receipts 2,988 4,176 4,493
Feeder cattle 2,263 3,267 3,303
Slaughter cattle 477 621 889
Replacement cattle 248 288 301

Compared to week: Yearling steers were too lightly tested to develop any market trend. Steer calves under 450 lbs sold sharply higher, with most sales 25.00-35.00 higher, steers over 450 lbs sold mostly 12.00-15.00 higher. Yearling heifers were too lightly tested to develop any market trend. Heifer calves under 450 lbs sold mostly 5.00 higher. 450-550 lbs heifers sold mostly 5.00-10.00 higher, heifer calves over 550 lbs were too lightly tested to develop an accurate market trend, however steady undertones were noticed. Quality was mostly average to very attractive this week and over all much more attractive than last weeks sale. The first full load lot of calves sold this week, and demand was very good. Multiple partial loads sold today and demand was good to very good on these offerings. More buyers were seen this week following last weeks winter storm which kept most buyers out of the market. Higher CME positions also helped improve demand as contract positions have rebounded slightly from last weeks lows. CME positions closed near steady today. The November contract closed at 237.70, 2.275 higher than last Tuesdays close. Several sets of calves offered buyers two rounds of vaccinations; these offerings continue to sell with the best demand. Market activity was mostly moderate to active today and significantly more active than last week. Weigh up cows sold on mostly moderate demand and moderate to heavy offerings. Demand for slaughter cows was light to moderate this week. Demand for slaughter cows improved as the sale progressed. Slaughter cows sold generally steady on all offerings in a narrow comparison. Most cows continue to be purchased to feed as all both packers and private farmer feeders continue to buy cows to feed. High quality feeding cows, suitable to feed to premium white sold 2.00-3.00 higher. Thin feeding or turn out cows sold mostly 1.00 to 3.00 higher. Cow quality was mostly average to attractive this week and significantly higher than last week. Slaughter bulls were too lightly tested to develop any market trend. Weigh up conditions were mixed this week, with good weigh up seen for buyers early in the day and poorer weigh up conditions seen later in the day. Young age cows sold mostly 3.00-5.00 higher. Demand was moderate to good for young age cows suitable to feed or rebreed.

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
355–375 unweaned 367 30 380.00–410.00 $391.50 $1,437 +52.02
410–448 unweaned 425 34 332.50–383.00 $357.19 $1,518 +28.91
467–491 unweaned 482 95 306.00–331.00 $315.79 $1,522 +14.83
500–536 unweaned 516 153 284.00–313.50 $298.97 $1,543 +16.26
552–581 unweaned 566 326 260.00–287.00 $279.47 $1,582 +15.39
600–633 unweaned 612 125 251.00–260.00 $257.42 $1,575 +12.56
647 647 10 235.00 $235.00 $1,520
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
312–326 unweaned 314 30 355.00 $355.00 $1,115 +37.58
381–399 unweaned 388 27 312.50–338.00 $319.75 $1,241 +11.42
433 unweaned 433 2 330.00 $330.00 $1,429 +31.73
475 unweaned 475 2 302.00 $302.00 $1,434 +24.41
508–536 unweaned 529 27 272.00–275.00 $274.55 $1,452 +4.06
535 535 13 265.00 $265.00 $1,418
578 unweaned 578 6 256.00 $256.00 $1,480
631 unweaned 631 8 243.00 $243.00 $1,533
664 664 6 247.50 $247.50 $1,643
693 unweaned 693 3 232.00 $232.00 $1,608
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
447 unweaned 447 11 321.00 $321.00 $1,435 +6.00
498 unweaned 498 2 266.00 $266.00 $1,325
559–595 unweaned 586 32 254.00–260.00 $255.43 $1,497

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
312–346 unweaned 331 28 317.50–332.00 $322.95 $1,069 +50.45
356–391 unweaned 369 64 290.00–318.00 $298.01 $1,100 +0.59
401–449 unweaned 420 192 277.00–295.00 $284.18 $1,194 +6.44
453–498 unweaned 473 70 266.00–286.00 $277.03 $1,310 +14.10
500–547 unweaned 523 231 254.00–273.00 $265.92 $1,391 +9.95
560 560 54 261.00 $261.00 $1,462
570–586 unweaned 580 36 235.00–245.00 $240.43 $1,394 -2.01
676 unweaned 676 4 221.00 $221.00 $1,494
869 869 4 205.00 $205.00 $1,781 -22.50
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305 unweaned 305 8 290.00 $290.00 $884 +23.81
367–383 unweaned 372 9 272.50–287.50 $277.64 $1,033 +12.84
428–441 unweaned 435 31 263.00–277.50 $267.19 $1,162 +14.80
478–487 unweaned 482 10 253.50–264.00 $259.91 $1,253 +7.11
520 unweaned 520 1 242.00 $242.00 $1,258
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
383 unweaned 383 4 285.00 $285.00 $1,092
482–492 unweaned 485 9 253.00–255.00 $253.68 $1,230
546 unweaned 546 5 237.00 $237.00 $1,294
568–592 unweaned 572 30 228.00–239.50 $237.52 $1,359
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
270–276 unweaned 274 11 222.50–242.50 $229.67 $629

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
366 unweaned 366 27 360.00 $360.00 $1,318
420 unweaned 420 81 330.00 $330.00 $1,386
501 unweaned 501 5 240.00 $240.00 $1,202

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Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
780–993 906 85-90% 5 71.50–75.00 $72.92 $661
920 920 85-90% 1 67.00 $67.00 $616
910–1300 1137 85-90% 41 69.50–84.50 $73.23 $833 -8.03
1088–1250 1166 85-90% 13 52.00–69.50 $65.93 $769
1032–1324 1206 85-90% 90 72.00–86.00 $78.51 $947 -7.68
1105–1235 1210 85-90% 16 97.50–100.00 $98.99 $1,198 +12.80
985–1305 1222 85-90% 133 85.00–95.50 $90.30 $1,103 +4.11
1298 1298 85-90% 9 85.50 $85.50 $1,110
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1280–1524 1380 80-85% 57 92.00–103.25 $96.89 $1,337 +11.76
1300–1655 1417 80-85% 62 83.50–94.00 $89.54 $1,269 +17.54
1300–1875 1435 80-85% 21 77.00–88.00 $82.37 $1,182 +10.37
1480 1480 80-85% 1 110.00 $110.00 $1,628
1505 1505 80-85% 1 106.00 $106.00 $1,595
1540 1540 80-85% 1 103.00 $103.00 $1,586
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1670 1670 75-80% 1 103.50 $103.50 $1,728 -10.79
1805 1805 75-80% 1 100.50 $100.50 $1,814

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1375 1375 1 84.00 $84.00 $1,155
1420–1700 1560 2 105.00–106.50 $105.68 $1,649
1635–1855 1738 4 84.00–103.00 $95.67 $1,663

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
786–1205 907 (<2 yrs)Open 102 120.00–162.50 $155.47 $1,410
790–1205 1023 Young (2-4 yrs)Open 92 94.00–151.00 $123.48 $1,263
1119 1119 Young/Middle Aged (2-8 yrs)Open 4 105.00 $105.00 $1,175
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
835 835 Young (2-4 yrs)Open 1 107.50 $107.50 $898
795–985 922 (<2 yrs)Open 3 131.00–148.00 $135.89 $1,253
Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
998 998 Young (2-4 yrs)Open 2 104.00 $104.00 $1,038

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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.