Cattle Market Pulse

Miles City Livestock Commission Auction Market Report

Miles City, Montana · USDA-reported Auction Livestock

Sale of Tuesday, June 23, 2026

570 head sold ·Official USDA report

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

light 5-weight M&L 1-2 steers $512.23/cwt ≈ $2,658/hd at 519 lb · 28 head
HeadThis saleLast saleLast year
Total receipts 570 624 945
Feeder cattle 70 63 55
Slaughter cattle 411 416 665
Replacement cattle 89 145 225

Compared to last week (6-16-26): Feeder cattle were all too lightly tested to develop any market trend. Demand for feeder cattle was mostly good for very light offerings. Most feeders were offered in small packages or as singles. Most buyers sat on the sidelines as there were not enough feeders for buyers to build loads. Quality this week was mostly plain to average. CME feeder cattle positions were slightly lower today, however contracts have moved higher over the last week. Market activity was slow to moderate with a small crowd on hand. Weigh up cows sold on good demand for moderate offerings. Feeding cows sold steady to 3.00 higher on all classes. Quality this week was mostly average to attractive. Weigh up conditions were average to above average today, and better than last week. A large crowd of feeding cow buyers were on hand for todays sale. Buyers showed good demand for all cows that would feed. Private buyers were willing to take blemished cows to feed and pushed most cows over slaughter cow orders. Demand for slaughter cows remained good this week as new slaughter cow buyers were in the market again. Slaughter cows were too lightly tested to develop an accurate market trend, however steady undertones were noticed. Very few cows were purchased for immediate slaughter this week. Slaughter bulls sold steady to 1.00 lower. Feeding bulls were scarcely tested this week as most offerings were purchased for immediate harvest. Bull quality this week was average to very attractive. Young age cows sold 15.00-18.00 higher in a narrow comparison. Quality this week was mostly average to attractive. These offerings were met with good to very good demand as additional buyers were in the market this week.

New to these tables? Plain-English explainers ↓

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
436 thin fleshed 436 7 565.00 $565.00 $2,463
470 thin fleshed 470 1 522.50 $522.50 $2,456
519–520 thin fleshed 519 28 505.00–512.50 $512.23 $2,658
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
635 635 3 407.50 $407.50 $2,588

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
390 390 1 422.50 $422.50 $1,648
600 600 1 397.50 $397.50 $2,385
745 745 3 333.00 $333.00 $2,481

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Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1265 1265 1 240.00 $240.00 $3,036
1314 1314 6 231.00 $231.00 $3,035
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
945 945 1 327.50 $327.50 $3,095

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1300–1557 1404 80-85% 12 166.00–178.50 $171.13 $2,403
1405 1405 80-85% 1 156.00 $156.00 $2,192
1152–1660 1423 80-85% 100 180.00–188.00 $185.98 $2,646
1290–1605 1448 80-85% 2 174.00–175.50 $174.83 $2,532
1290–1640 1462 80-85% 120 187.00–198.00 $189.23 $2,767 +4.98
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1415–1725 1580 75-80% 4 186.00–189.00 $187.93 $2,969
1565–1743 1631 75-80% 56 179.00–184.50 $183.11 $2,987
1775 1775 75-80% 1 182.00 $182.00 $3,230 +7.00
1820–1950 1863 75-80% 3 173.50–176.50 $174.55 $3,252
1955 1955 75-80% 2 174.50 $174.50 $3,411
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
830 830 85-90% 1 140.00 $140.00 $1,162
965 965 85-90% 1 117.50 $117.50 $1,134 -12.50
1060–1285 1171 85-90% 4 147.50–172.50 $161.75 $1,894 +26.40
1055–1297 1227 85-90% 11 179.00–184.00 $180.74 $2,218 -6.19
1250 1250 85-90% 1 187.00 $187.00 $2,338
1255 1255 85-90% 1 170.00 $170.00 $2,134

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1170–1430 1313 4 156.00–182.50 $165.71 $2,176
1430 1430 1 190.00 $190.00 $2,717 -2.26
1475 1475 1 210.00 $210.00 $3,098
1485–2110 1869 6 189.00–201.00 $193.41 $3,615
1650–2415 1949 27 203.00–220.00 $212.16 $4,135
1800–2360 2091 21 219.00–240.00 $226.09 $4,728
2515 2515 1 240.00 $240.00 $6,036
YG2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1835–2355 2170 3 198.00–214.00 $206.89 $4,490
2150–2485 2318 2 218.00–219.00 $218.46 $5,064

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
805–1320 1178 (<2 yrs)Open 17 221.00–327.50 $265.44 $3,127
920–1385 1236 Young (2-4 yrs)Open 39 190.50–315.00 $239.79 $2,964
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
963–1185 1007 (<2 yrs)Open 5 227.50–309.00 $289.83 $2,919
920–1485 1171 Young (2-4 yrs)Open 4 189.00–247.50 $209.91 $2,458

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Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1033 1033 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 4 3,250.00 $3,250.00

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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.