Sale reports / Montana / Miles City Livestock Commission / 2026-05-05

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, May 5
● Final53 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
282 head
233 vs last sale 49 92 vs year ago 374 · 24.6%
Slaughter Cattle receipts
240 head
48 vs last sale 192 12 vs year ago 252 · 4.8%
Replacement Cattle receipts
148 head
31 vs last sale 179 50 vs year ago 198 · 25.3%
View

Reporter comment USDA

As filed

Compared to last week (4-28-26): Feeder cattle were all too lightly tested last week to develop any market trend. Demand for feeder cattle was mostly good for light offerings. Most feeders were offered in moderate size groups this week. Quality this week was mostly average. Flesh conditions were ideal for buyers looking for cattle to run on grass this summer as most were in thin flesh and offered buyers very good weigh conditions. CME feeder cattle positions shot higher today as they piggybacked off higher live cattle contract prices. Feeder cattle contracts sold with strong 5.00 cwt or higher gains today for May 2026 through March 2027. A small crowd was on hand for todays sale, but buyers were a mix of order buyers and ranchers. Market activity was moderate to active this week. Weigh up cows sold on good demand for light offerings. Feeding cows sold on very good demand for all cows which would feed. Feeding cows sold steady to firm in a narrow comparison. Quality this week was mostly average and overall not as attractive as last week. Slaughter cows sold on good demand. A couple loads of fed cows were seen this week. Demand for fed cows was very good. Fed cows sold generally steady to firm. Weigh up conditions were better this week for fed cows compared to last week. Breaking, boning and lean slaughter cows were too lightly tested to develop an accurate market trend, however steady undertones were noticed. Slaughter bulls sold steady to 3.00 higher in a narrow comparison. Slaughter bull quality this week was better than last week. Feeding type bulls were too lightly tested to develop an accurate market trend, however steady undertones were noticed. Young age cows sold mostly 10.00-12.00 higher on very good demand. Quality this week was mostly average to attractive. Replacement or turn out cows sold on very good demand and buyers were willing to take older offerings up to 7 years old to rebreed as cow supplies remain tight.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $486.23/cwt on 43 head, down $12.42 from the prior sale. That ranks 7 of 13 comparable sales and sits +0.00 against this barn's trailing median of $486.23.
Average price
$486.23
12.42 vs prior sale
43 head · 561 lb average
Value per head Derived
$2,726
Price × average weight ÷ 100
Grade differential Derived
$351
per head · Medium and Large 1-2 over Medium and Large 2
$83.14/cwt at this weight
vs the market
17.97
vs MT average
1.32 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2554507.502,81232
Medium and Large 2580424.362,46111thin
One grade step is worth $83.14/cwt here — about $351 a head. Across this sale the premium is widest at 600–700 lb. USDA reports each grade on its own line and never publishes the spread.

This barn's trailing prices 500–600 lb

13 sales
526493459426median 486.2312/1601/2002/1003/1706/23
Steers 500–600 lb: high $512.23, low $440.01, median $486.23 across 13 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 sale43 hd
486.23
MT average2 barns · 192 hd
504.21
−17.97
National average180 barns · 14,267 hd
487.55
−1.32
This barn, trailing median13 sales
486.23
+0.00
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
BullsAverage1,720202.143,47630
CowsBoner 80-85%Average1,412181.772,56675
CowsBreaker 75-80%High1,709179.213,0639thin
CowsPremium White 65-75%Low1,827179.013,27189
CowsLean 85-90%Very Low1,127150.101,69220

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 Stage (4-6 mo)Young (2-4 yrs)1,215$3,6002thin
Bred Cows3rd Stage (7-9 mo)Aged (>8 yrs)1,390$3,3006
Bred Heifers3rd Stage (7-9 mo)(<2 yrs)1,043$3,6002thin

Every lot, as filed

53 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
CowsLean 85-90%1,020105.00/cwt105.00–105.001,0711
CowsLean 85-90%1,215146.00/cwt146.00–146.001,7741
HeifersMedium and Large 1750–800755356.00/cwt356.00–356.002,68810
HeifersMedium and Large 1-2700–750728345.39/cwt341.00–350.002,5146
SteersMedium and Large 1Fleshy700–750722383.00/cwt383.00–383.002,76515
HeifersSmall and Medium 2350–4003722,000.00/head2,000.00–2,000.002,0007
SteersSmall and Medium 2400–4504092,000.00/head2,000.00–2,000.002,00010
CowsLean 85-90%1,111133.80/cwt120.00–140.001,4876
CowsPremium White 65-75%1,833152.37/cwt150.00–155.002,7932
CowsLean 85-90%Return to Feed1,117155.91/cwt150.00–164.001,7428
CowsBreaker 75-80%Return to Feed1,855182.50/cwt182.50–182.503,3853
BullsMedium and Large 1-2800–850803300.00/cwt300.00–300.002,4092
SteersMedium and Large 1-2Thin Fleshed550–600554507.50/cwt507.50–507.502,81232
SteersMedium and Large 1-2Thin Fleshed600–650613475.00/cwt475.00–475.002,91251
Stock CowsMedium and Large 11,161260.23/cwt193.00–322.503,02156
Stock CowsMedium and Large 11,345204.06/cwt197.50–220.002,7453
Bred CowsMedium and Large 1Broken Mouth1,3903,300.00/head3,300.00–3,300.003,3006
SteersMedium and Large 2Thin Fleshed550–600577420.00/cwt420.00–420.002,4237
SteersMedium and Large 2Thin Fleshed350–400376540.00/cwt540.00–540.002,0304
SteersMedium and Large 2Thin Fleshed450–500486447.50/cwt447.50–447.502,17511
HeifersMedium and Large 1Fleshy650–700694365.00/cwt365.00–365.002,5335
HeifersMedium and Large 1Fleshy700–750704337.16/cwt335.00–341.502,37415
HeifersMedium and Large 1650–700673407.50/cwt407.50–407.502,74225
Bred CowsMedium and Large 11,2153,600.00/head3,600.00–3,600.003,6002
Stock CowsMedium and Large 1Fleshy1,250212.50/cwt212.50–212.502,6561
SteersMedium and Large 2Thin Fleshed650–700658377.50/cwt377.50–377.502,4844
BullsMedium and Large 1-21000–10501,024262.50/cwt262.50–262.502,6884
SteersMedium and Large 1-2Thin Fleshed650–700681445.00/cwt445.00–445.003,03028
SteersMedium and Large 2550–600585432.00/cwt432.00–432.002,5274
BullsLarge 11050–11001,083275.00/cwt275.00–275.002,9782
Stock CowsMedium 1710327.71/cwt305.00–355.002,3272
Stock CowsMedium and Large 11,152205.00/cwt205.00–205.002,3627
Stock CowsMedium and Large 11,080299.61/cwt235.00–360.003,23646
Stock CowsMedium and Large 1-2959281.69/cwt247.50–310.002,7016
Bred HeifersMedium and Large 1-21,0433,600.00/head3,600.00–3,600.003,6002
BullsReturn to Feed1,611209.72/cwt202.00–215.003,3794
Bulls1,845211.00/cwt211.00–211.003,8931
CowsBoner 80-85%1,397153.45/cwt150.00–158.002,1443
CowsBoner 80-85%Return to Feed1,455181.35/cwt175.00–185.002,63921
Bulls1,759188.38/cwt175.00–205.003,3145
Bulls2,063232.39/cwt225.00–236.504,7943
BullsLight Weight1,383171.71/cwt160.00–185.002,3752
CowsBreaker 75-80%Return to Feed1,636177.57/cwt172.00–180.002,9056
CowsPremium White 65-75%1,823179.67/cwt175.00–180.003,27586
BullsLight Weight1,370187.50/cwt187.50–187.502,5691
CowsPremium White 65-75%Heavy Weight2,165175.50/cwt175.50–175.503,8001
Bulls1,836210.40/cwt202.00–220.003,8639
BullsReturn to Feed1,531190.17/cwt180.00–195.002,9125
CowsLean 85-90%1,175164.00/cwt164.00–164.001,9271
CowsBoner 80-85%1,298144.05/cwt130.00–157.001,8702
CowsLean 85-90%Return to Feed1,177179.00/cwt177.00–182.002,1073
CowsBoner 80-85%Return to Feed1,400189.20/cwt185.00–193.002,64942
CowsBoner 80-85%Return to Feed1,391161.38/cwt153.00–167.002,2457

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.