Cattle Market Pulse

Miles City Livestock Commission Auction Market Report

Miles City, Montana · USDA-reported Auction Livestock

Sale of Tuesday, August 27, 2024

822 head sold ·Official USDA report

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

light 6-weight M 1 steers $293.50/cwt ≈ $1,796/hd at 612 lb · 99 head
heavy 7-weight M&L 1 steers $248.58/cwt ≈ $1,889/hd at 760 lb · 62 head
light 5-weight M 1-2 heifers $273.40/cwt ≈ $1,392/hd at 509 lb · 59 head
HeadThis saleLast saleLast year
Total receipts 822 388 827
Feeder cattle 575 189 625
Slaughter cattle 160 170 200
Replacement cattle 87 29 2

Compared to last reported sale (8/06/24): Feeder steers and heifers were too lightly tested to develop an accurate market trend, however lower undertones were noticed on both steers and heifers. CME feeder cattle positions have continued to sell off since late July but have rebounded slightly this past week. However, traders remain on edge and are buying feeders lower. Feeder cattle were mostly off grass this week and most were in very light flesh. Quality was mixed from plain to attractive. Heifer quality was much more attractive than steer quality today as several consignments of tested open replacement heifers were seen. Market activity was mostly moderate. Weigh up cows sold on mostly moderate to good demand for light offerings. Packers showed need for cows both to feed and for immediate harvest. Cow quality was mostly average this week. Feeding cows demand remains stronger than slaughter cow demand. Most sound cows were purchased to feed this week. Seasonally lower yields were noticed as cows with freshly weaned calves and cows out of dry country were seen. While prices for all cows were lower than the beginning of the month, but so were yields which made cows very similar in price on a dressed basis. Feeding cows sold mostly 4.00-5.00 lower than the last reported sale at the beginning of the month. Slaughter cows sold generally steady on breaking cows, boning and lean cows sold 3.00-4.00 lower. Slaughter bulls sold mostly 3.00-5.00 lower in a narrow comparison. Weigh up conditions were mostly average to below average today, with most cows were pushing moderate to heavy amounts of fill. Young cows suitable to feed or rebreed were too lightly tested to develop any market trend. Quality was mostly average today.

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
668–694 682 21 254.50–259.50 $256.83 $1,752
759–769 760 62 248.50–249.50 $248.58 $1,889
816 816 5 243.00 $243.00 $1,983
890 890 26 233.50 $233.50 $2,078
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
612 612 99 293.50 $293.50 $1,796
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
476 476 7 301.00 $301.00 $1,433
573 573 7 287.00 $287.00 $1,645
605 605 4 282.00 $282.00 $1,706
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
927 927 3 225.00 $225.00 $2,086
1198 1198 9 185.50 $185.50 $2,222
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
730–740 735 4 243.00–248.00 $245.48 $1,804
752–795 759 6 238.00–239.00 $238.17 $1,808 -12.33

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
326 unweaned 326 7 325.00 $325.00 $1,060
413 unweaned 413 2 260.00 $260.00 $1,074
688–690 688 45 248.75–249.00 $248.77 $1,712
721–734 723 23 239.00–244.00 $239.88 $1,734
783–796 790 29 226.00–228.00 $226.96 $1,793 -18.04
810–835 820 45 224.50–226.00 $225.47 $1,849 -17.53
901–918 909 16 215.00–219.50 $217.43 $1,976
1033 1033 3 194.50 $194.50 $2,009
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
421 421 8 274.00 $274.00 $1,154
465 465 3 270.00 $270.00 $1,256
501–530 509 59 272.00–274.00 $273.40 $1,392
574 574 4 257.00 $257.00 $1,475
696 696 5 240.50 $240.50 $1,674
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
572 572 5 266.00 $266.00 $1,522
616–626 619 16 257.00–260.00 $259.24 $1,605
Medium 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
498 498 8 255.50 $255.50 $1,272
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
723 723 3 229.00 $229.00 $1,656

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
313 unweaned 313 3 339.50 $339.50 $1,063
1005–1020 1013 2 204.00–206.00 $205.01 $2,077 -1.98
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1140 1140 1 184.00 $184.00 $2,098
1205 1205 1 185.00 $185.00 $2,229
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1040 1040 1 187.50 $187.50 $1,950
1050 1050 1 188.00 $188.00 $1,974

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Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1003 1003 85-90% 4 105.00 $105.00 $1,053 -15.51
1005–1340 1162 85-90% 6 110.00–119.00 $115.32 $1,340 -20.25
1060–1174 1164 85-90% 11 126.50–127.00 $126.54 $1,473 -9.03
1040–1255 1170 85-90% 15 124.50–136.00 $129.31 $1,513 -6.26
1045–1350 1185 85-90% 34 106.00–123.00 $122.10 $1,447 -13.47
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1315–1385 1339 80-85% 4 128.00–130.00 $128.64 $1,722
1245–1455 1350 80-85% 2 138.00–141.50 $139.89 $1,889 +3.45
1250–1580 1443 80-85% 16 135.00–142.50 $138.73 $2,002 -7.15
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1475 1475 75-80% 1 141.50 $141.50 $2,087
1545–1675 1613 75-80% 3 141.50–145.00 $142.96 $2,306 +1.96

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1210 1210 1 144.00 $144.00 $1,742
1260–1295 1282 3 132.50–148.00 $140.60 $1,802
1340 1340 1 150.50 $150.50 $2,017
1300–1835 1593 22 135.00–151.00 $145.60 $2,319
1305–2115 1780 25 152.00–168.00 $158.71 $2,825
1675–2145 1931 7 169.00–176.00 $171.36 $3,309 +8.36

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
955 955 Young (2-4 yrs)Open 1 171.00 $171.00 $1,633
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1010 1010 Young (2-4 yrs)Open 1 147.50 $147.50 $1,490

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1364–1860 1488 Aged (>8 yrs)1st Stage (1-3 mo) 8 2,425.00–2,650.00 $2,495.31
1488 1488 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 20 2,675.00 $2,675.00
1995 1995 Middle Aged (5-8 yrs)Open 1 3,000.00 $3,000.00

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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.