Cattle Market Pulse

Miles City Livestock Commission Auction Market Report

Miles City, Montana · USDA-reported Auction Livestock

Sale of Tuesday, March 12, 2024

855 head sold ·Official USDA report

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

light 5-weight M&L 1 heifers $309.36/cwt -0.33 vs last sale · ≈ $1,661/hd at 537 lb · 99 head
heavy 5-weight M&L 1 heifers $304.86/cwt +28.93 vs last sale · ≈ $1,719/hd at 564 lb · 61 head
light 4-weight M&L 1 heifers $341.05/cwt +7.51 vs last sale · ≈ $1,480/hd at 434 lb · 50 head
HeadThis saleLast saleLast year
Total receipts 855 1,659 1,053
Feeder cattle 563 943 973
Slaughter cattle 212 215 43
Replacement cattle 80 501 37

Compared to last sale: Feeder steers and heifers were too lightly tested to develop a full market trend, however steady undertones were noticed on steers and higher undertones were noticed on heifers. Demand was mostly good for light offerings. Quality this week was mostly plain to average with a limited offering of attractive cattle seen. Plain to average quality calves sold on good demand, much like last week. Most cattle were long weaned from 45-100 days. Package sizes were mostly small this week with no load lots seen. CME positions pushed higher today but traded mostly lower late last week and early this week. The March contract closed today at 248.975, 3.325 lower than last Tuesdays close. The April closed at 254.125 today, 3.05 lower than last Tuesdays close. Market activity was mostly moderate to active this week with a large crowd on hand. Ranchers and order buyers were both very active as they bid on offerings today. Weigh up cows sold on mostly good to very good demand for light to moderate offerings. Demand for slaughter cows was good to very good with additional buyers in the market this week. Packers opted to send all cows to immediate harvest this week as supplies remain tight. Slaughter cows sold mostly steady to 3.00 higher on breaking and boning cows, lean cows sold mostly 2.00-5.00 higher. Very few feeding cows were seen this week thus no comparisons can be made. Slaughter bulls were too lightly tested last week to develop a full market trend, however higher undertones were noticed. Weigh up conditions were mixed today. Young cows suitable to feed or rebreed sold on good demand again this week. This class sold mostly firm in a narrow comparison. Young cow quality was mostly average to attractive this week.

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
308 308 2 372.50 $372.50 $1,147
364–380 366 10 356.00–370.00 $357.46 $1,308 +2.46
410–445 428 4 328.00–337.50 $332.94 $1,425 -18.06
468–495 485 15 317.00–336.00 $327.53 $1,589 -6.95
505–535 519 4 317.50–332.00 $328.26 $1,704 -8.74
555–578 565 28 312.00–323.00 $317.54 $1,794
680–688 685 3 274.00–286.00 $282.03 $1,932
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
461 461 14 353.00 $353.00 $1,627 -2.00
608–624 620 38 308.00–310.50 $308.83 $1,915
658–675 665 5 288.00–296.00 $292.75 $1,947 +1.91
725 725 2 270.00 $270.00 $1,958 +2.87
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–446 433 41 335.00–352.50 $348.57 $1,509
450 450 8 342.00 $342.00 $1,539 +7.00
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
643 643 2 289.00 $289.00 $1,858

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
353–398 368 9 340.00–350.00 $346.39 $1,275 +6.39
404–444 434 50 335.00–355.00 $341.05 $1,480 +7.51
462–474 471 24 315.00–327.00 $318.44 $1,500
500–545 537 99 302.00–315.50 $309.36 $1,661 -0.33
556–566 564 61 290.00–308.00 $304.86 $1,719 +28.93
630 630 6 280.00 $280.00 $1,764 +6.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
397 397 8 336.00 $336.00 $1,334
435 435 1 313.00 $313.00 $1,362 -0.61
533–540 535 3 282.00–294.00 $289.97 $1,551 +10.97
555–573 568 7 280.00–285.00 $282.41 $1,604 +5.97
620–645 633 10 261.00–268.50 $264.68 $1,675 +12.68
690 690 1 243.00 $243.00 $1,677 +12.00
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
385 385 10 339.00 $339.00 $1,305
486 486 10 309.00 $309.00 $1,502
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325 325 4 320.00 $320.00 $1,040
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
543 543 2 273.00 $273.00 $1,482

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
358 358 3 365.00 $365.00 $1,307
502 502 11 321.00 $321.00 $1,611
621 621 11 268.00 $268.00 $1,664
683 683 4 259.00 $259.00 $1,769
874 874 5 214.00 $214.00 $1,870
1045 1045 1 182.00 $182.00 $1,902
1095 1095 1 163.00 $163.00 $1,785
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1122 1122 3 167.00 $167.00 $1,874
1200–1220 1210 2 156.00–170.00 $162.94 $1,972
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
670 670 3 252.00 $252.00 $1,688 -0.50
Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1155 1155 1 150.00 $150.00 $1,732 -30.00
1225 1225 1 145.00 $145.00 $1,776
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1015 1015 1 139.00 $139.00 $1,411

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Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
920 920 85-90% 1 82.00 $82.00 $754
935–955 945 85-90% 2 122.50–125.00 $123.74 $1,169
1125 1125 85-90% 1 123.00 $123.00 $1,384 +17.34
1000–1285 1151 85-90% 33 109.00–119.00 $114.73 $1,321 +5.68
1090–1169 1163 85-90% 22 109.00–117.00 $116.49 $1,355 +7.44
1090–1300 1175 85-90% 11 97.00–108.00 $104.38 $1,226 -4.67
1110–1325 1209 85-90% 13 118.00–123.00 $119.73 $1,448 +19.73
1230 1230 85-90% 1 109.50 $109.50 $1,347 +9.50
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1285–1325 1300 80-85% 4 115.00–120.50 $118.63 $1,542
1320 1320 80-85% 1 109.00 $109.00 $1,439
1278–1520 1388 80-85% 7 96.00–108.00 $102.74 $1,426 -14.64
1345–1450 1413 80-85% 10 123.00–123.50 $123.20 $1,741 +10.70
1230–1635 1428 80-85% 20 111.00–121.00 $116.45 $1,663 +3.95
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1485–1910 1617 75-80% 5 117.00–118.50 $117.74 $1,904
1985 1985 75-80% 1 112.00 $112.00 $2,223

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1120 1120 1 166.00 $166.00 $1,859
1320 1320 1 125.00 $125.00 $1,650
1240–1480 1401 5 116.00–124.00 $120.95 $1,695 +7.36
1300–2000 1578 13 112.00–124.00 $118.45 $1,869
1400–1965 1705 11 125.00–139.00 $130.03 $2,217
1830–2155 2013 6 142.00–147.00 $144.70 $2,913 +9.70

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
750–1065 918 (<2 yrs)Open 32 175.00–225.00 $204.47 $1,877
973–1195 1041 Young (2-4 yrs)Open 17 126.00–174.00 $156.12 $1,625
1045 1045 (<2 yrs)Open 5 170.00 $170.00 $1,776
Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
870 870 Young (2-4 yrs)Open 3 128.00 $128.00 $1,114
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1065 1065 (<2 yrs)Open 1 152.00 $152.00 $1,619

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1284 1284 Aged (>8 yrs)3rd Stage (7-9 mo) 8 1,800.00 $1,800.00
1248–1500 1311 Middle Aged/Aged (>5 yrs)3rd Stage (7-9 mo) 4 1,800.00–1,950.00 $1,907.09

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N/N/A ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1670 1670 80-85% 1 111.00 $111.00 $1,854

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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.