Cattle Market Pulse

Miles City Livestock Commission Auction Market Report

Miles City, Montana · USDA-reported Auction Livestock

Sale of Tuesday, February 20, 2024

1,970 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 $315.19/cwt ≈ $1,841/hd at 584 lb · 157 head
heavy 6-weight M&L 1 steers $295.51/cwt ≈ $1,927/hd at 652 lb · 120 head
light 5-weight M&L 1-2 steers $315.47/cwt -8.64 vs last sale · ≈ $1,688/hd at 535 lb · 51 head
HeadThis saleLast saleLast year
Total receipts 1,970 748 1,154
Feeder cattle 985 532 209
Slaughter cattle 375 182 169
Replacement cattle 610 34 776

Compared to last sale: Feeder steers and heifers were too lightly tested last week to develop a full market trend, however unevenly steady undertones were noticed on steers and steady to firm undertones were noticed on heifers. Demand was mostly moderate to good for light to moderate offerings. Quality this week was mostly plain to average with a limited offering of attractive offerings seen. Most cattle were long weaned from 45-100 days. Package sizes were mostly small this week, however one part load and one full load were seen. CME positions continue to push higher as strong prices were seen both today and last Friday. The March contract closed today at 251.375, 3.375 higher than last Tuesdays close. The April closed at 255.35 today, 3.60 higher than last Tuesdays close. Market activity was mostly moderate to active this week. Weigh up cows sold on mostly good to very good demand for light offerings. Demand for slaughter cows was good to very good as packers pushed to fill loads on light offerings. Slaughter cows sold mostly 2.00-4.00 higher on breaking cows. Boning cows sold mostly 5.00-9.00 higher in a narrow comparison, lean cows were not well compared as most cows sold to feeding buyers this week. Private feeding cow buyers were very aggressive this week. Feeding cows sold mostly 5.00-10.00 higher as packers and feeding cow buyers both bid aggressive over offerings. Slaughter bulls were too lightly tested to develop a full market trend, however steady to higher undertones were noticed. Weigh up conditions were mixed today. Several sets of fed cows sold this week. Demand for fed cows remains very good. Fed cow offerings were mixed for breaking and premium white, some breaking cows were purchased to return to feed as they needed more days on feed to grade white. Young age cows were too lightly tested last week to develop a full market trend, however higher undertones were noticed as both feeding and rebreed buyers showed good demand for young offerings. A moderate offering of bred cows and heifers sold in todays sale. Demand was good to very good for all bred cows and heifers on offer. The stands were packed for the bred cow portion of the sale. Broken mouth cows sold on very good demand as ranchers hope to get one to two more calf crops out of them. Salvage value for slaughter cows has also improved as well which helped push this class of cows higher.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
400–447 413 29 345.00–351.50 $346.94 $1,433 -4.06
458–478 471 6 332.00–344.00 $340.11 $1,602 -6.02
508–533 528 15 326.00–331.00 $326.96 $1,726 -3.33
560–595 584 157 313.00–321.00 $315.19 $1,841
610–617 614 15 298.00 $298.00 $1,830 +4.25
651 thin fleshed 651 90 298.25 $298.25 $1,942
650–667 655 30 280.00–290.50 $287.29 $1,882
730–737 736 7 253.00–263.00 $261.58 $1,925
843 843 12 227.00 $227.00 $1,914
924 924 4 209.50 $209.50 $1,936
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
337 337 10 355.00 $355.00 $1,196
408–448 423 13 330.00–337.50 $331.67 $1,403
450–498 484 42 322.00–331.00 $326.07 $1,578 -3.93
500–544 535 51 313.00–319.00 $315.47 $1,688 -8.64
550–592 583 19 293.50–310.00 $296.44 $1,728
602–628 615 18 292.00–294.00 $292.98 $1,802
669 669 5 272.00 $272.00 $1,820 +27.26
755–780 762 18 217.50–219.00 $218.57 $1,666
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
382 382 8 332.50 $332.50 $1,270 -10.00
421–425 422 11 320.00–331.00 $324.02 $1,367 -20.45
478 478 6 321.00 $321.00 $1,534
517 517 3 325.00 $325.00 $1,680
569 569 6 293.00 $293.00 $1,667
630 630 11 282.00 $282.00 $1,777
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
453 453 11 312.50 $312.50 $1,416
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
381 381 5 331.00 $331.00 $1,261
Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
609 609 4 265.00 $265.00 $1,614

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
386 386 6 332.50 $332.50 $1,283 -9.50
403 403 5 340.00 $340.00 $1,370 +7.00
458–489 474 32 304.00–325.00 $314.93 $1,493 +7.87
510–537 532 44 295.50–297.00 $295.94 $1,574 -0.51
608–633 623 29 270.00–271.00 $270.60 $1,686 +7.03
657 657 28 260.00 $260.00 $1,708 +15.36
822 822 8 209.00 $209.00 $1,718
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
390–395 394 12 324.00–327.50 $324.58 $1,279 +10.98
411–446 430 18 317.00–322.50 $320.04 $1,376
487 487 13 307.00 $307.00 $1,495 +22.00
589 589 5 260.00 $260.00 $1,531
688 688 4 221.00 $221.00 $1,520
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
371–394 389 30 321.00–329.00 $327.48 $1,274
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
330 330 6 300.00 $300.00 $990
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
330 330 2 315.00 $315.00 $1,040

↑ Back to top

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
655 655 3 225.00 $225.00 $1,474
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
665 665 1 240.00 $240.00 $1,596

↑ Back to top

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1290–1465 1381 80-85% 4 102.00–108.00 $104.01 $1,436 +9.12
1305–1590 1387 80-85% 9 110.00–111.50 $110.44 $1,532 +15.55
1248–1485 1391 80-85% 115 109.50–112.00 $110.30 $1,534 +15.41
1345–1465 1433 80-85% 4 108.00–109.50 $108.38 $1,553 +3.99
N/N/A ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1541–1547 1544 65-75% 89 110.00–113.25 $111.83 $1,727
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
825 825 85-90% 1 98.00 $98.00 $808
950–985 967 85-90% 3 86.00–88.00 $86.66 $838
1000–1273 1137 85-90% 26 91.00–103.00 $99.68 $1,133 +8.83
1083–1260 1145 85-90% 24 104.00–110.50 $108.25 $1,239 +17.40
1015–1350 1177 85-90% 19 84.00–102.00 $92.99 $1,094 -11.34
1230 1230 85-90% 1 102.50 $102.50 $1,261 +5.01
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1383–1620 1467 75-80% 44 110.00–114.00 $110.85 $1,626 +4.85
1390–1557 1533 75-80% 7 110.00 $110.00 $1,686
1645 1645 75-80% 1 106.00 $106.00 $1,744
1920 1920 75-80% 1 108.50 $108.50 $2,083

↑ Back to top

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1270–1445 1358 2 91.50–112.00 $101.09 $1,373 -8.91
1460–1855 1623 3 108.00–115.00 $110.42 $1,792
1575–1685 1630 2 113.00–118.00 $115.58 $1,884
1615–1985 1758 7 117.50–126.00 $120.12 $2,112
1730–1773 1759 3 119.00–127.00 $124.38 $2,188
1920 1920 1 136.00 $136.00 $2,611

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
735–1040 878 (<2 yrs)Open 19 161.00–212.00 $200.37 $1,759
951–1258 1121 Young (2-4 yrs)Open 31 110.00–163.00 $140.72 $1,577
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
835–850 843 (<2 yrs)Open 2 155.00–186.00 $170.64 $1,438
895–1070 940 Young (2-4 yrs)Open 5 109.00–140.00 $131.09 $1,232
Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
985–1085 1052 (<2 yrs)Open 3 146.00–175.00 $155.05 $1,631
Medium 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
860 860 (<2 yrs)Open 1 181.00 $181.00 $1,557

↑ Back to top

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1132–1225 thin fleshed 1166 Aged (>8 yrs)3rd Stage (7-9 mo) 36 1,750.00–2,000.00 $1,905.12
1263–1489 1398 Aged (>8 yrs)3rd Stage (7-9 mo) 143 2,125.00–2,185.00 $2,149.90
1517 1517 Middle Aged/Aged (>5 yrs)3rd Stage (7-9 mo) 9 2,175.00 $2,175.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1019 1019 Young (2-4 yrs)3rd Stage (7-9 mo) 7 2,375.00 $2,375.00
1273–1542 1416 Aged (>8 yrs)3rd Stage (7-9 mo) 32 2,050.00–2,085.00 $2,069.06
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1249 thin fleshed 1249 Aged (>8 yrs)3rd Stage (7-9 mo) 7 103.00 $103.00 $1,286
1362 1362 Aged (>8 yrs)3rd Stage (7-9 mo) 9 118.00 $118.00 $1,607
Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1394 1394 Aged (>8 yrs)3rd Stage (7-9 mo) 9 1,725.00 $1,725.00

↑ Back to top

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1023–1137 1074 (<2 yrs)3rd Stage (7-9 mo) 190 2,650.00–2,900.00 $2,839.88
Medium 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
807–966 911 (<2 yrs)3rd Stage (7-9 mo) 26 2,150.00–2,650.00 $2,496.68
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1029 1029 (<2 yrs)3rd Stage (7-9 mo) 5 2,475.00 $2,475.00

↑ Back to top

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.