Cattle Market Pulse

Miles City Livestock Commission Auction Market Report

Miles City, Montana · USDA-reported Auction Livestock

Sale of Tuesday, August 18, 2026

394 head sold ·Official USDA report

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

light 9-weight M&L 1 heifers $297.07/cwt -18.93 vs last sale · ≈ $2,798/hd at 942 lb · 27 head
heavy 4-weight M&L 1 steers $443.00/cwt ≈ $2,206/hd at 498 lb · 18 head
heavy 9-weight M&L 1 heifers $299.23/cwt ≈ $2,906/hd at 971 lb · 13 head
HeadThis saleLast saleLast year
Total receipts 394 285 980
Feeder cattle 224 119 618
Slaughter cattle 150 90 172
Replacement cattle 20 76 190

Compared to last sale (8-04-26): Feeder cattle were all too lightly tested last sale to develop any market trend. A few yearlings are beginning to come off grass. Quality this week was mostly average to attractive. Demand for feeders was mostly moderate, but suffered again this sale as buyers struggled to build loads. Many sets of yearlings coming off grass were pushing moderate amounts on all feeders on offer. A few sets of spring calves were seen this week. Several were out of drought areas. Calves were in mostly light flesh. Demand for calves was light as hot weather and light offerings limited demand. CME positions traded much of the morning in positive territory but traded mixed before the end of the sale, which concluded before the board closed. CME positions are lower than the last sale on August 8th. Market activity was slow to moderate this week. Weigh up cows sold on light to moderate demand for light offerings. Feeding cows were too lightly tested last sale to develop an accurate market trend, however steady to lower undertones were noticed on a poorer quality offering. Slaughter cows were too lightly tested to develop any market trend. Slaughter bulls sold mostly 3.00-5.00 lower on a lower yielding offering. A large offering of bulls was seen this sale as many are marketing bulls coming out of breeding pastures. Many bulls were in thin condition and lower yielding as a result. Weigh up conditions were mixed today with both full and empty cows and bulls noticed. Quality this week was mostly plain to average. Young age cows were too lightly tested to develop an accurate market trend. Many young cows were pushing moderate to moderate plus flesh as pasture conditions in eastern Montana have been mostly good. Quality this week was mostly plain to 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
348 unweaned 348 4 530.00 $530.00 $1,844 —
367 unweaned 367 5 517.50 $517.50 $1,899 —
424 unweaned 424 11 495.00 $495.00 $2,099 —
498 unweaned 498 18 443.00 $443.00 $2,206 —
575 unweaned 575 4 397.50 $397.50 $2,286 —
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
655 thin fleshed 655 11 392.50 $392.50 $2,571 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
453 unweaned 453 6 370.00 $370.00 $1,676 —

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
387 unweaned 387 5 457.50 $457.50 $1,771 —
441 unweaned 441 4 417.50 $417.50 $1,841 —
456 unweaned 456 9 420.00 $420.00 $1,915 —
717 717 9 341.00 $341.00 $2,445 —
790 790 12 336.00 $336.00 $2,654 —
939–945 942 27 296.50–299.00 $297.07 $2,798 -18.93
970–978 971 13 295.00–300.00 $299.23 $2,906 —
1007–1041 1030 18 288.50–294.00 $290.75 $2,995 —
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
625 thin fleshed 625 11 366.00 $366.00 $2,288 —
695 thin fleshed 695 4 356.00 $356.00 $2,474 —
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1060 1060 2 286.50 $286.50 $3,037 —
1088 1088 2 281.00 $281.00 $3,057 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
423 unweaned 423 3 410.00 $410.00 $1,734 —
735 735 1 330.00 $330.00 $2,426 —

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
510 unweaned 510 4 397.50 $397.50 $2,027 —

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1405 1405 80-85% 1 145.00 $145.00 $2,037 —
1350–1670 1439 80-85% 24 165.00–174.00 $167.81 $2,415 —
1500 1500 80-85% 1 152.00 $152.00 $2,280 —
1460–1685 1600 80-85% 3 153.00–164.00 $159.51 $2,552 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1480 1480 75-80% 1 175.00 $175.00 $2,590 —
1525 1525 75-80% 4 168.00 $168.00 $2,562 —
1500–1689 1644 75-80% 19 165.00–167.00 $165.77 $2,725 —
1675 1675 75-80% 1 160.00 $160.00 $2,680 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
865 865 85-90% 1 105.00 $105.00 $908 —
1055 1055 85-90% 1 170.00 $170.00 $1,794 —
1050–1325 1164 85-90% 5 115.00–125.00 $118.31 $1,377 —

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1320–1575 1426 5 174.00–184.00 $179.46 $2,559 -2.76
1460–2160 1724 44 171.00–193.00 $185.45 $3,197 -21.05
1804–1880 1817 6 191.00–195.00 $191.69 $3,483 +2.33
1565–2250 1987 19 194.00–213.00 $201.15 $3,997 —
2271 2271 5 221.00 $221.00 $5,019 —
2555 2555 1 184.00 $184.00 $4,701 —

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1112–1285 1201 Young (2-4 yrs)Open 10 191.00–232.50 $214.00 $2,570
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1130 1130 (<2 yrs)Open 1 212.50 $212.50 $2,401
1125–1155 1140 Young (2-4 yrs)Open 2 175.00–193.00 $183.88 $2,096
Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1150 1150 Young (2-4 yrs)Open 1 210.00 $210.00 $2,415

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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.