Cattle Market Pulse

Miles City Livestock Commission Auction Market Report

Miles City, Montana · USDA-reported Auction Livestock

Sale of Tuesday, August 25, 2026

705 head sold ·Official USDA report

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

light 8-weight M&L 1 heifers $310.57/cwt ≈ $2,572/hd at 828 lb · 84 head
light 7-weight M&L 1 heifers $326.48/cwt -14.52 vs last sale · ≈ $2,426/hd at 743 lb · 53 head
heavy 8-weight M&L 1 heifers $300.58/cwt ≈ $2,636/hd at 877 lb · 26 head
HeadThis saleLast saleLast year
Total receipts 705 394 463
Feeder cattle 266 224 272
Slaughter cattle 340 150 190
Replacement cattle 99 20 1

Compared to last sale (8-11-26): Feeder steers were all too lightly tested to develop any market trend. Feeder heifers were too lightly tested to develop an accurate market trend, however lower undertones were noticed. Quality this week was mostly average to attractive. Demand for feeders was mostly light. CME positions have fallen sharply since last sale and buyers adjusted prices to match lower expected break evens. CME positions were lower today as well which caused buyers to pause as they bid on offerings. Demand for light weight yearlings was stronger than demand for heavy weight yearlings as buyers attempt to back up marketing dates. Light weight yearlings were also in lighter flesh making these offerings more attractive to buyers. Market activity was slow to moderate with a small buyer pool noticed. Weigh up cows sold on light to moderate demand and offerings. Feeding cow demand was mostly light this week as buyers cite uncertainty for fed cow prices going into fall. Many private feeders worry of the impact additional meat imports will have on the fed cow market and adjusted sell prices reflected these uncertainties. Feeding cows sold mostly 10.00-15.00 lower. Cow quality was mostly average this week. Slaughter cows were too lightly tested to develop an accurate market trend, however lower undertones were noticed. Slaughter bulls sold mostly 15.00-20.00 lower. Demand for slaughter bulls was light. Feeding bull demand was very light and private buyers sidelined themselves and allowed packers to buy all bulls lower. Bull quality was mostly plain to average this week. Most bulls continue to come off pasture and range after breeding season. Yields continue to be mostly average to below average as a result. Weigh up conditions were mixed today with both full and empty cows and bulls noticed. Young age cows were too lightly tested to develop any market trend. A few sets of bred cows were seen this week. Demand for bred offerings was light to moderate. Very little premium was seen for bred cows this sale as buyers weight the economics of feeding and maintaining cows from now until spring calving.

New to these tables? Plain-English explainers ↓

Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1200–1240 1211 7 226.00–229.00 $226.88 $2,748 —
Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1185 1185 3 216.00 $216.00 $2,560 —
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
673 673 2 335.00 $335.00 $2,255 —

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
500 unweaned 500 4 382.50 $382.50 $1,912 —
742–746 743 53 322.00–329.00 $326.48 $2,426 -14.52
760 760 6 316.00 $316.00 $2,402 -20.00
823–840 828 84 304.00–313.25 $310.57 $2,572 —
860–899 877 26 299.00–302.00 $300.58 $2,636 —
926 926 21 293.50 $293.50 $2,718 -3.57
960 960 10 288.00 $288.00 $2,765 -11.23
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
599 599 7 343.00 $343.00 $2,055 —
668–699 692 9 325.00–330.00 $328.93 $2,276 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
748 748 2 320.00 $320.00 $2,394 -10.00
770 770 2 309.00 $309.00 $2,379 —
883–895 887 3 296.00–300.00 $297.35 $2,637 —

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1297–1485 1341 80-85% 145 161.00–167.00 $165.04 $2,213 —
1324–1463 1352 80-85% 45 152.00–156.50 $155.36 $2,100 —
1335–1540 1429 80-85% 6 120.00–137.50 $130.35 $1,863 -37.46
1340–1655 1477 80-85% 3 145.00–153.00 $147.99 $2,186 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
915 915 85-90% 1 105.00 $105.00 $961 —
965–1265 1150 85-90% 8 130.00–155.00 $146.37 $1,683 +28.06
1090–1290 1186 85-90% 8 121.00–127.50 $124.78 $1,480 +6.47
1175–1194 1194 85-90% 54 164.00–165.00 $164.02 $1,958 +45.71
1155–1260 1208 85-90% 2 105.00–110.00 $107.39 $1,297 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1582–1638 1606 75-80% 13 156.50–160.00 $158.53 $2,546 —

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1205–1320 1263 3 162.50–170.00 $166.86 $2,107 —
1255–1360 1308 2 178.00–187.50 $182.56 $2,388 —
1655 1655 1 177.50 $177.50 $2,938 —
1335–2160 1745 22 164.00–180.50 $174.94 $3,053 -10.51
1675–2320 1912 19 182.00–195.00 $184.53 $3,528 —
1800–2220 2016 4 184.00–195.00 $188.51 $3,800 —

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Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1305 1305 (<2 yrs)Open 1 197.00 $197.00 $2,571
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1140 1140 (<2 yrs)Open 1 230.00 $230.00 $2,622

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1395 1395 Aged (>8 yrs)1st Stage (1-3 mo) 28 2,500.00 $2,500.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1306 1306 Aged (>8 yrs)1st Stage (1-3 mo) 4 2,350.00 $2,350.00

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Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
711–784 752 (<2 yrs)1st Stage (1-3 mo) 50 2,450.00–2,850.00 $2,766.73
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
750 750 (<2 yrs)1st Stage (1-3 mo) 7 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.