Cattle Market Pulse

Miles City Livestock Commission Auction Market Report

Miles City, Montana · USDA-reported Auction Livestock

Sale of Tuesday, September 22, 2026

425 head sold ·Official USDA report

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

heavy 9-weight M&L 1 heifers $296.30/cwt -11.83 vs last sale · ≈ $2,892/hd at 976 lb · 73 head
light 9-weight M&L 1 heifers $308.55/cwt -1.31 vs last sale · ≈ $2,836/hd at 919 lb · 59 head
light 4-weight M&L 1 heifers $453.94/cwt ≈ $1,929/hd at 425 lb · 21 head
HeadThis saleLast saleLast year
Total receipts 425 1,012 712
Feeder cattle 277 837 551
Slaughter cattle 108 165 110
Replacement cattle 40 10 51

Compared to last sale (9-15-26): Feeder steers were all too lightly tested to develop any market trend. Yearling heifers were all too lightly tested this week to develop an accurate market trend, however steady to lower undertones were noticed. Quality this week was mostly average to attractive and overall not as attractive as last week. Demand for feeders was mostly moderate for light offerings, however demand did improve as buyers started loads. Heavy rain fell across the region over the weekend. This limited the volume of offerings this week. Fewer buyers were also present for todays light offering. Several sets of attractive tested open heifers, off ranchers replacements, were seen again this week. Most offerings were coming off grass and were in light flesh. Market activity was mostly moderate with a small buyer pool noticed. Weigh up cows sold on very light demand and light offerings. Feeding cow quality was mostly plain this week. Many blemished offerings continue to be seen which limited feeding demand. Some buyers were willing to put blemished cows on feed but mostly at or just above slaughter cow prices. Feeding cows sold sharply lower, with most sales 7.00-10.00 lower. Slaughter cows were too lightly tested to develop an accurate market trend, however sharply lower undertones were noticed. Slaughter bulls sold mostly steady to 3.00 lower. A few private buyers were active in purchasing bulls to feed. This helped hold slaughter bulls close to steady. Feeding bull demand was light to moderate this sale. Too few feeding bulls were seen last week to develop any market trend. Bulls continue to come off pasture and range after breeding season and 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 exposed cows were seen this week and buyers purchased these offerings on mostly good demand as they were willing to take the risk and test them themselves. They are listed as stock cows in the report below. Most of these offerings were aged offerings, but were not mouthed.

New to these tables? Plain-English explainers ↓

Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
498 unweaned 498 6 410.00 $410.00 $2,042 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
360 unweaned 360 6 550.00 $550.00 $1,980 —

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
420–426 unweaned 425 21 447.50–455.00 $453.94 $1,929 —
855–874 871 8 311.00–317.00 $314.62 $2,740 -0.56
901–949 918 51 303.00–312.00 $309.41 $2,840 -3.34
915–945 926 8 300.00–305.00 $303.09 $2,807 -9.66
950–997 976 73 291.00–300.50 $296.30 $2,892 -11.83
1000–1043 1033 57 287.50–299.00 $290.74 $3,003 —
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1050–1070 1065 14 275.00–288.00 $280.51 $2,987 -3.93

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1315–1338 1328 80-85% 7 118.00–132.00 $126.06 $1,674 —
1345–1374 1369 80-85% 8 107.50–117.00 $109.60 $1,500 —
1310–1435 1373 80-85% 2 151.00–162.50 $157.01 $2,156 —
1360–1455 1391 80-85% 14 141.00–147.00 $144.06 $2,004 —
1565 1565 80-85% 1 125.00 $125.00 $1,956 -26.58
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
965 965 85-90% 1 75.00 $75.00 $724 —
1085–1150 1122 85-90% 3 118.00–128.00 $122.04 $1,369 —
1135 1135 85-90% 1 125.00 $125.00 $1,419 —
1115–1195 1155 85-90% 2 85.00 $85.00 $982 —
1010–1325 1187 85-90% 6 107.50–120.00 $114.95 $1,364 —
1219–1255 1226 85-90% 5 144.50–145.00 $144.60 $1,773 +27.96
1270 1270 85-90% 1 173.00 $173.00 $2,197 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1510–1593 1576 75-80% 5 133.00–139.00 $134.15 $2,114 —
1545–1735 1640 75-80% 2 120.00–124.00 $122.12 $2,003 —

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1150 1150 1 150.00 $150.00 $1,725 —
1205–1985 1575 9 155.00–172.00 $163.67 $2,578 —
1485–1880 1668 6 150.00–170.00 $161.93 $2,701 —
1580–1990 1803 12 170.00–180.50 $175.60 $3,166 +0.19
1820–2311 2213 5 182.00–185.00 $184.51 $4,083 —
YG2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1955 1955 1 169.00 $169.00 $3,304 —
2450 2450 1 170.50 $170.50 $4,177 —

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1095 1095 Young/Middle Aged (2-8 yrs)Open 1 220.00 $220.00 $2,409
1169 1169 (<2 yrs)Open 4 222.50 $222.50 $2,601
1250 1250 Young (2-4 yrs)Open 1 217.50 $217.50 $2,719
1295 thin fleshed 1295 Middle Aged/Aged (>5 yrs)Open 1 127.50 $127.50 $1,651
1353–1590 1387 Middle Aged/Aged (>5 yrs)Open 7 138.00–161.00 $157.23 $2,181
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
935–1008 984 (<2 yrs)Open 3 212.50–252.50 $225.17 $2,216
1180–1275 1228 Middle Aged/Aged (>5 yrs)Open 2 127.50–128.00 $127.76 $1,569
1345 1345 Young (2-4 yrs)Open 1 170.00 $170.00 $2,286

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1011 1011 Young (2-4 yrs)1st Stage (1-3 mo) 4 271.00 $271.00 $2,740

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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.