Cattle Market Pulse

Miles City Livestock Commission Auction Market Report

Miles City, Montana · USDA-reported Auction Livestock

Sale of Tuesday, February 6, 2024

1,862 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 $318.29/cwt +10.76 vs last sale · ≈ $1,859/hd at 584 lb · 263 head
light 6-weight M&L 1 steers $285.12/cwt -7.88 vs last sale · ≈ $1,813/hd at 636 lb · 209 head
light 5-weight M&L 1 steers $342.09/cwt +9.82 vs last sale · ≈ $1,813/hd at 530 lb · 178 head
HeadThis saleLast saleLast year
Total receipts 1,862 2,828 1,626
Feeder cattle 1,546 2,335 1,440
Slaughter cattle 198 374 157
Replacement cattle 118 119 29

Compared to last sale: Feeder steers under 550 lbs sold mostly 5.00-10.00 higher, steers 550-749 lbs sold mostly steady to 10.00 higher, steers over 750 lbs were not well compared. Heifer calves under 550 lbs sold steady to firm, 550-599 lbs heifers sold mostly 10.00 higher, heifers over 600 lbs were to lightly tested to develop an accurate market trend, however higher undertones were noticed. Quality this week was mostly average to very attractive. Most cattle were weaned 45-100 days. Package sizes were larger this week as most packages were partial load lots, with a small selection of load lots seen. Demand for small packages or singles was lighter this week as buyers were able to put together loads easier with larger packages. CME positions were higher again today and have pushed higher since last week. The March closed today at 246.675, 5.35 higher than last Tuesdays close. The April closed at 251.70 today, 4.70 higher than last Tuesdays close. Market activity was mostly active this week with a large buyer pool noticed of both farmer feeders, ranchers and order-buyers. Weigh up cows sold on mostly good to very good demand for light offerings. Demand for slaughter cows was especially good as packer buyers showed need for cows for immediate harvest as well as to feed. Packers continue to try to balance buying cows to feed and cows for slaughter. Slaughter cows sold mostly steady to 2.00 higher on breaking cows and boning cows, lean cows sold mostly 1.00-2.00 higher. Several buyers continue to buy feeding cows as many are betting the market continues to improve. Both packer and private feeding cow buyers both pushed high quality feeding cows higher as supplies were mostly light. Feeding offerings sold mostly 1.00-2.00 higher. Slaughter bulls sold mostly steady to 3.00 higher in a narrow comparison. Weigh up conditions were mixed today. Young age cows sold on mostly good demand this week. Feeding buyers continue to buy coming 2 year old's to feed, especially ones who haven't calved. Quality this week was mostly average to attractive. This class of cows sold mostly 10.00-20.00 higher.

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
403–435 412 14 366.00–376.00 $368.22 $1,517 +18.53
454–480 468 81 350.00–359.00 $355.10 $1,662 +6.38
513–546 530 178 323.00–356.00 $342.09 $1,813 +4.77
553–598 584 263 299.00–320.50 $318.29 $1,859 +11.59
605–641 631 133 282.50–306.00 $289.47 $1,827 -3.53
644 644 76 277.50 $277.50 $1,787 -15.50
658–698 693 102 268.50–282.50 $269.88 $1,870 +12.22
709–735 727 29 255.00–259.00 $257.92 $1,875
755 755 20 244.50 $244.50 $1,846
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
387 387 17 371.00 $371.00 $1,436 +50.00
447–448 447 38 342.00–358.00 $356.73 $1,595
493–499 498 43 331.00–334.00 $333.72 $1,662 +6.72
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
350 350 2 370.00 $370.00 $1,295 +27.00
424–443 434 14 355.00–367.50 $361.11 $1,567 +30.24
464–480 466 8 337.50–348.00 $346.65 $1,615 +28.33
543 543 8 320.00 $320.00 $1,738 +17.81
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
441 441 6 336.00 $336.00 $1,482 +31.00

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
367–393 374 9 327.00–335.00 $329.21 $1,231
420–439 432 74 310.00–320.50 $317.41 $1,371 +1.82
453–495 486 126 307.00–318.50 $314.79 $1,530 +2.36
504–532 521 103 298.00–315.00 $305.94 $1,594 -1.71
556–590 569 61 285.00–295.00 $291.09 $1,656 +5.33
617 617 10 272.00 $272.00 $1,678 +8.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
348 348 2 326.00 $326.00 $1,134
376 376 6 312.00 $312.00 $1,173 +8.70
511 511 8 288.00 $288.00 $1,472
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
485 485 5 273.00 $273.00 $1,324 +2.00

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1232–1600 1379 80-85% 26 95.50–106.00 $101.66 $1,402 +1.95
1345–1595 1404 80-85% 7 93.00–95.00 $93.94 $1,319
1321–1545 1442 80-85% 26 93.50–100.00 $97.20 $1,402
1483 1483 80-85% 9 105.00 $105.00 $1,557
1320–1527 1493 80-85% 6 92.00 $92.00 $1,374
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1413–1590 1432 75-80% 17 102.50–105.50 $104.95 $1,503
1596–1770 1605 75-80% 22 106.00–107.50 $107.41 $1,724
1601–1850 1676 75-80% 9 101.50–105.50 $104.17 $1,746
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1080–1280 1120 85-90% 5 94.50–99.00 $97.97 $1,097 +21.40
1165–1175 1170 85-90% 2 104.00–105.00 $104.50 $1,223 +19.17
1065–1265 1171 85-90% 7 80.00–92.50 $85.22 $998 -0.11
1025–1235 1176 85-90% 5 92.00–93.50 $93.13 $1,095 +7.80
1015–1304 1215 85-90% 21 94.00–100.00 $97.20 $1,181 -5.56
1238 1238 85-90% 2 104.00 $104.00 $1,288 +6.31

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1460–2010 1659 14 88.50–111.00 $102.22 $1,696
1500–1995 1746 5 112.00–115.00 $113.66 $1,985
YG2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
2395 2395 1 124.00 $124.00 $2,970

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
720–1115 965 (<2 yrs)Open 51 161.00–228.00 $194.11 $1,873
846–1260 1035 Young (2-4 yrs)Open 35 104.00–180.00 $140.26 $1,452
1095 1095 Young/Middle Aged (2-8 yrs)Open 3 98.50 $98.50 $1,079
Medium 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
765 765 (<2 yrs)Open 1 152.50 $152.50 $1,167

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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.