Cattle Market Pulse

Miles City Livestock Commission Auction Market Report

Miles City, Montana · USDA-reported Auction Livestock

Sale of Tuesday, February 27, 2024

767 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 heifers $281.69/cwt ≈ $1,592/hd at 565 lb · 68 head
light 5-weight M&L 1 steers $333.67/cwt +6.71 vs last sale · ≈ $1,692/hd at 507 lb · 51 head
light 6-weight M&L 1 heifers $268.50/cwt -2.10 vs last sale · ≈ $1,630/hd at 607 lb · 47 head
HeadThis saleLast saleLast year
Total receipts 767 1,970 893
Feeder cattle 419 985 701
Slaughter cattle 243 375 154
Replacement cattle 105 610 38

Compared to last sale: Feeder steers and heifers were too lightly tested last week to develop a full market trend, however generally steady undertones were noticed on both steers heifers. Demand was mostly moderate to good for light offerings. Quality this week was mostly plain to average and not as attractive as last week. Most cattle were long weaned from 45-100 days. Package sizes were mostly small this week. No load lots were seen. CME positions pushed higher all last week in anticipation of the cattle on feed report. The cattle on feed report showed on feed slightly higher than last January, placements 7% below last year and marketings slightly below last year. The March contract closed today at 253.00, 1.625 higher than last Tuesdays close. The April closed at 258.95 today, 3.60 higher than last Tuesdays close. Market activity was mostly moderate to active this week. Weigh up cows sold on mostly good demand for light offerings. Demand for slaughter cows was good. Packers opted to send most of the cow offering to slaughter this week as supplies remain tight. Slaughter cows sold unevenly steady on all offerings. Packers opted to send cows they would usually feed to harvest this week causing slaughter cows to sell unevenly compared to the previous week. Very few feeding cows were seen this week. No feeding cow comparison is available. Slaughter bulls sold 5.00-10.00 higher in a narrow comparison. Weigh up conditions were mixed today. Another set of fed cows sold this week. These offerings were met with mostly good demand. Most fed cow offerings had moderate amounts of tag, however most offered buyers and overnight stand and favorable weigh conditions. Young age cows were too lightly tested to develop any market trend. Quality was mostly average 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
406 406 6 352.00 $352.00 $1,429 +5.06
504–537 507 51 316.00–338.00 $333.67 $1,692 +6.71
705 705 1 267.00 $267.00 $1,882 +5.42
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
400 400 3 330.00 $330.00 $1,320 -1.67
450–473 455 12 321.50–325.00 $322.46 $1,467 -3.61
535–547 543 9 305.00–315.00 $311.72 $1,693 -3.75
590 590 15 291.00 $291.00 $1,717 -5.44
623 623 2 288.00 $288.00 $1,794 -4.98
750–770 763 3 235.00–245.00 $238.28 $1,818 +19.71
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
510 510 3 310.00 $310.00 $1,581
688 688 7 231.00 $231.00 $1,589
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
398 398 4 280.00 $280.00 $1,114 -51.00
Medium 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
630 630 4 230.00 $230.00 $1,449

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
514–549 528 44 285.00–288.50 $286.84 $1,515 -9.10
559–567 565 68 281.25–282.75 $281.69 $1,592
607 607 47 268.50 $268.50 $1,630 -2.10
Medium 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
517 517 3 200.00 $200.00 $1,034
578–587 582 15 195.00–203.00 $200.21 $1,165
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
346 346 4 310.00 $310.00 $1,073
470 470 5 291.00 $291.00 $1,368 -16.00
Medium 2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
465 465 4 195.00 $195.00 $907
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
607 607 3 201.00 $201.00 $1,220

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
600 600 1 252.50 $252.50 $1,515
650 650 1 232.50 $232.50 $1,511 -7.50

↑ Back to top

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
860–995 949 85-90% 9 86.00–97.00 $91.41 $867
960–970 965 85-90% 2 78.00 $78.00 $753 -8.66
1031–1245 1089 85-90% 8 112.00–114.00 $112.67 $1,227
1010–1325 1123 85-90% 77 89.00–102.00 $93.69 $1,052 -5.99
1000–1365 1211 85-90% 29 103.00–110.00 $105.15 $1,273 +2.65
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1423–1730 1545 75-80% 47 112.50–115.00 $114.42 $1,768 +4.42
1560 1560 75-80% 1 117.00 $117.00 $1,825
1365–1795 1561 75-80% 8 102.00–112.00 $108.56 $1,695
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1250–1630 1356 80-85% 31 107.00–112.00 $109.77 $1,488 +5.76
1375 1375 80-85% 2 98.00 $98.00 $1,348 -6.01
1465 1465 80-85% 1 115.00 $115.00 $1,685

↑ Back to top

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1255 1255 1 131.00 $131.00 $1,644
1230–1325 1278 3 100.00–114.00 $106.92 $1,366
1370 1370 1 117.00 $117.00 $1,603 +15.91
1420–1555 1488 2 106.00–118.00 $112.27 $1,671
1625–1845 1735 2 131.00–132.00 $131.53 $2,282
1745–2030 1909 4 137.50–143.50 $140.37 $2,680 +4.37

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
840–1145 990 (<2 yrs)Open 11 165.00–185.00 $178.91 $1,771
955–1283 1091 Young (2-4 yrs)Open 45 109.50–140.50 $131.38 $1,433
1194 1194 Young/Middle Aged (2-8 yrs)Open 4 100.00 $100.00 $1,194
Medium 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
640 640 (<2 yrs)Open 2 204.00 $204.00 $1,306

↑ Back to top

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1323 1323 Aged (>8 yrs)3rd Stage (7-9 mo) 21 1,860.00 $1,860.00
1553 1553 Middle Aged/Aged (>5 yrs)3rd Stage (7-9 mo) 3 1,975.00 $1,975.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1222 1222 Aged (>8 yrs)3rd Stage (7-9 mo) 16 1,400.00 $1,400.00

↑ 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.