Sale reports / Montana / Miles City Livestock Commission / 2026-02-03

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Feb 3
● Final69 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
720 head
101 vs last sale 619 424 vs year ago 296 · +143.2%
Slaughter Cattle receipts
186 head
131 vs last sale 55 13 vs year ago 199 · 6.5%
Replacement Cattle receipts
294 head
261 vs last sale 33 119 vs year ago 175 · +68.0%
View

Reporter comment USDA

As filed

Compared to last week (1-27-26): 500-699 lbs steers offered the best test this week selling mostly 5.00-10.00 higher in a narrow comparison. All other weights of steers were to lightly tested to develop a full market trend, however steady to firm undertones were noticed. Heifers were all too lightly tested last week to develop an accurate market trend, however steady to higher undertones were noticed. Demand for all feeders was good to very good on light to moderate offerings. Demand for light weight cattle suitable to develop into yearlings was mostly very good again this week. Quality this week was average to attractive. Some backgrounded offerings were pushing moderate plus to fleshy conditions this week. Most cattle were offered in smaller groups this week with no full load lots on offer. Heifer demand was very good as feeders and ranchers looking for replacements showed very good demand for heifers 600 lbs and heavier. CME positions continue their march higher, driven by tight supplies and a bullish cattle inventory report that showed continued heard contraction. CME positions added another day of triple digit higher movement as traders reflect on the estimated cow inventory of 86.2 million head, the smallest since 1951 and the smallest calf crop since 1941. Market activity was mostly active this week with a slightly smaller buyer pool noticed compared to last week. Weigh up cows sold on moderate to good demand for light offerings. Feeding demand continues to drive the cow market as buyers all showed good to very good demand for high quality cows to feed. Feeding cows sold mostly steady to 4.00 higher despite fewer feeding buyers in the stands. Cow quality this week was average to very attractive and overall more attractive compared to last week. Slaughter cows were too lightly tested to develop an accurate market trend, however steady undertones were noticed on all offerings. Slaughter bulls were too lightly tested last week to develop an accurate market trend, however steady to lower undertones were noticed. Young age cows were too lightly tested to develop an accurate market trend, however higher undertones were noticed. Quality this week was mostly average.

Weight class

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $447.93/cwt on 169 head, up $9.81 from the prior sale. That ranks 12 of 16 comparable sales and sits +7.50 against this barn's trailing median of $440.43.
Average price
$447.93
9.81 vs prior sale
169 head · 549 lb average
Value per head Derived
$2,460
Price × average weight ÷ 100
Grade differential Derived
single grade reported
vs the market
+5.63
vs MT average
+16.39 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1549447.932,460169
Only one grade was reported at this weight, so there is no spread to compute.

This barn's trailing prices 500–600 lb

16 sales
482434386338median 440.4312/1601/2702/2404/0705/12
Heifers 500–600 lb: high $468.13, low $352.48, median $440.43 across 16 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

How it compared 500–600 lb

Same class and week · spot auction only
This sale169 hd
447.93
MT average3 barns · 491 hd
442.30
+5.63
National average145 barns · 12,920 hd
431.54
+16.39
This barn, trailing median16 sales
440.43
+7.50
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Slaughter cattle

By class and quality grade · $/cwt
Cull cows and bulls are graded, not weight-classed — grade is what moves the money here.
ClassGradeDressingAvg wt$/cwt$/headHead
BullsLow1,829177.073,23931
CowsBoner 80-85%Low1,365172.042,34882
CowsBreaker 75-80%High1,506165.842,49725
CowsLean 85-90%Average1,146140.981,61523

Replacement cattle Per head

By class, stage and age
Bred stock and pairs are reported per head, not per hundredweight — these prices are never mixed with the $/cwt figures above.
ClassStageAgeAvg wt$/headHead
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,311$4,52539
Bred Cows2nd/3rd Stage (4-9 mo)Young (2-4 yrs)1,131$4,51263
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged/Aged (>5 yrs)1,300$4,18538
Bred Cows2nd/3rd Stage (4-9 mo)Aged (>8 yrs)1,268$3,32533
Bred Heifers2nd/3rd Stage (4-9 mo)(<2 yrs)979$3,92548

Every lot, as filed

69 lots · USDA AMS · Miles City Livestock Commission Auction - Miles City, MT
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
HeifersMedium and Large 1-2400–450411516.17/cwt507.50–540.002,12111
HeifersMedium and Large 1450–500474494.23/cwt490.00–506.002,34333
SteersMedium and Large 1450–500450580.00/cwt580.00–580.002,6102
SteersMedium and Large 1500–550526523.74/cwt514.00–535.002,75526
HeifersMedium and Large 1-2300–350323540.00/cwt540.00–540.001,7442
SteersMedium and Large 1-2500–550545495.00/cwt495.00–495.002,6982
SteersMedium and Large 1-2400–450420570.00/cwt570.00–570.002,3943
SteersMedium and Large 1600–650610452.32/cwt436.00–455.002,75953
HeifersMedium and Large 1650–700669388.29/cwt386.00–393.002,59892
HeifersMedium and Large 1550–600572419.00/cwt419.00–419.002,3973
SteersMedium and Large 1-2250–300268660.00/cwt660.00–660.001,7692
HeifersMedium and Large 1-2650–700695345.00/cwt345.00–345.002,3982
SteersMedium and Large 1-2450–500497527.00/cwt527.00–527.002,6198
SteersMedium and Large 1300–350340650.00/cwt650.00–650.002,2101
SteersMedium and Large 1700–750732383.02/cwt382.00–384.002,80412
HeifersMedium and Large 1500–550533460.14/cwt451.00–490.002,453121
SteersMedium and Large 1350–400355620.00/cwt620.00–620.002,2011
HeifersMedium and Large 1350–400395561.00/cwt561.00–561.002,2166
SteersMedium and Large 1400–450437588.87/cwt585.00–600.002,57323
Bred CowsMedium and Large 1Broken Mouth1,2683,325.00/head3,325.00–3,325.003,32533
Bred CowsMedium and Large 11,1434,562.97/head4,450.00–4,660.004,56360
Bred HeifersMedium and Large 19853,950.00/head3,950.00–3,950.003,95045
HeifersMedium and Large 1Replacement650–700654399.74/cwt392.00–407.502,61426
HeifersMedium and Large 1600–650611401.37/cwt400.00–405.002,45255
SteersMedium and Large 1Fleshy650–700695377.50/cwt377.50–377.502,62426
HeifersMedium and Large 1Fleshy550–600596390.00/cwt390.00–390.002,3247
SteersMedium and Large 1Fleshy600–650639415.00/cwt415.00–415.002,65218
SteersMedium and Large 1Fleshy900–950935307.50/cwt307.50–307.502,87514
CowsBreaker 75-80%Return to Feed1,330174.00/cwt174.00–174.002,3147
CowsBreaker 75-80%1,648147.01/cwt131.00–155.002,4233
CowsBreaker 75-80%1,775162.00/cwt162.00–162.002,8761
CowsLean 85-90%1,158129.14/cwt122.00–132.501,4955
CowsBreaker 75-80%Return to Feed1,512168.90/cwt168.00–169.002,55411
CowsBreaker 75-80%Return to Feed1,660155.67/cwt151.00–158.002,5843
Bulls1,643167.09/cwt155.00–175.002,7457
CowsLean 85-90%1,095106.00/cwt106.00–106.001,1611
Bulls1,895181.95/cwt176.00–185.003,44810
CowsBoner 80-85%1,350122.00/cwt122.00–122.001,6471
BullsHeavy Weight2,530178.00/cwt178.00–178.004,5031
Bulls2,348178.00/cwt178.00–178.004,1792
CowsBoner 80-85%Return to Feed1,391147.04/cwt130.00–155.002,0454
CowsLean 85-90%Return to Feed1,207171.57/cwt170.00–173.002,0714
BullsReturn to Feed1,580179.14/cwt175.00–182.002,8306
BullsReturn to Feed1,558160.13/cwt150.00–172.002,4952
CowsBoner 80-85%Return to Feed1,370168.10/cwt162.00–173.002,30316
CowsLean 85-90%Return to Feed1,147138.80/cwt122.50–150.001,5928
CowsLean 85-90%1,24585.00/cwt85.00–85.001,0581
CowsBoner 80-85%1,345147.00/cwt147.00–147.001,9771
CowsBoner 80-85%1,450146.00/cwt146.00–146.002,1171
CowsLean 85-90%Return to Feed1,103162.06/cwt159.00–164.001,7883
Bulls2,293190.00/cwt190.00–190.004,3572
CowsBoner 80-85%Return to Feed1,361176.52/cwt175.00–179.002,40259
CowsLean 85-90%Light Weight910123.00/cwt123.00–123.001,1191
Bred CowsMedium 18953,500.00/head3,500.00–3,500.003,5003
Bred HeifersMedium 18933,550.00/head3,550.00–3,550.003,5503
SteersLarge 1750–800765359.00/cwt359.00–359.002,7463
Stock CowsLarge 1970250.00/cwt250.00–250.002,4251
Bulls1,845191.00/cwt191.00–191.003,5241
Bred CowsMedium and Large 11,3004,185.00/head4,185.00–4,185.004,18538
Stock CowsMedium and Large 11,331183.00/cwt183.00–183.002,4368
Stock CowsMedium and Large 1820290.93/cwt232.00–327.502,3865
Bred CowsMedium and Large 11,3114,525.00/head4,525.00–4,525.004,52539
Stock CowsMedium and Large 1-21,051218.04/cwt176.00–280.002,2926
Stock CowsMedium and Large 11,066248.19/cwt182.00–320.002,64630
HeifersMedium and Large 1Replacement550–600590422.00/cwt422.00–422.002,49038
SteersMedium and Large 1650–700661427.50/cwt427.50–427.502,82625
SteersMedium and Large 1550–600573479.75/cwt460.00–484.502,74930
SteersMedium and Large 1-2350–400383605.00/cwt605.00–605.002,3172
SteersMedium and Large 1-2600–650608438.51/cwt435.00–439.002,6668

How this sale compares

Montana weighted averages
One sale is one barn on one day. The state ladder is every Montana auction USDA reported that week, weighted by head — the fairer test of whether a lot sold well.