Sale reports / Montana / Miles City Livestock Commission / 2026-05-12

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, May 12
● Final69 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
275 head
▼ 7 vs last sale 282▲ 101 vs year ago 174 · +58.0%
Slaughter Cattle receipts
260 head
▲ 20 vs last sale 240▼ 40 vs year ago 300 · −13.3%
Replacement Cattle receipts
544 head
▲ 396 vs last sale 148▲ 96 vs year ago 448 · +21.4%
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Reporter comment USDA

As filed

Compared to last week (5-05-26): Feeder cattle were all too lightly tested last week to develop any market trend. Demand for feeder cattle was mostly moderate to good for light offerings. Most feeders were offered in small to moderate size groups this week. Quality this week was mostly average, but slightly better than last week. CME feeder cattle positions sold off today. Feeder cattle contracts sold with large losses of $6.00-7.00 cwt for August 2026 through March 2027. A small crowd was on hand for todays sale. Market activity was moderate to active this week. Weigh up cows sold on good demand for moderate offerings. Feeding cows sold on very good demand for all cows which would feed. Feeding cows sold steady on boning and lean fleshed cows in a narrow comparison. Breaking flesh feeding cows sold 3.00-4.00 higher in a narrow comparison. Quality this week was mostly average. Slaughter cows sold on good demand. Packers showed need for cows for immediate harvest and purchased more cows for immediate harvest this week compared to last week. Slaughter cows sold with higher undertones on all classes, in a narrow comparison. Weigh up conditions were average to above average this week. Slaughter bulls sold steady to weak in a narrow comparison. Private feeding bull buyers were not as aggressive this week which allowed packers to buy bulls slightly lower. Slaughter bull quality this week was average to attractive. Feeding type bulls sold mostly 5.00 lower with lighter demand noticed from private buyers this week. Young age cows sold unevenly steady. Additional buyers entered the market later in the sale and pushed offerings higher compared to cows sold early in the sale. 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. A few attractive offerings of cow calf and heifer pairs were seen this sale. Despite good quality, demand for pairs was mostly light to moderate as buyers express concern over drought conditions.

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $425.30/cwt on 40 head, down $16.76 from the prior sale. That ranks 9 of 14 comparable sales and sits +11.37 against this barn's trailing median of $413.93.
Average price
$425.30
▼ 16.76 vs prior sale
40 head · 589 lb average
Value per head Derived
$2,503
Price × average weight ÷ 100
Grade differential Derived
−$242
per head · Medium and Large 1-2 over Medium and Large 1
$26.00/cwt at this weight
vs the market
−14.06
vs MT average
+8.19 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2505450.002,2732thin
Medium and Large 1593424.002,51438
One grade step is worth $26.00/cwt here — about −$242 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.

How it compared 500–600 lb

Same class and week · spot auction only
This sale40 hd
425.30
—
MT average3 barns · 106 hd
439.36
−14.06
National average171 barns · 11,385 hd
417.11
+8.19
This barn, trailing median14 sales
413.93
+11.37
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

This barn's trailing prices 500–600 lb

14 sales
482436390343median 413.9303/1004/0708/2510/1311/03
Heifers 500–600 lb: high $468.13, low $357.36, median $413.93 across 14 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

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
Bulls—Low1,688205.763,47339
CowsBreaker 75-80%High1,641184.953,03519
CowsBoner 80-85%High1,415184.102,606114
CowsLean 85-90%Low1,184167.021,97850
Dairy CowsLean 85-90%Very Low1,19085.001,0121thin

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 Heifers3rd Stage (7-9 mo)(<2 yrs)1,230$3,4503thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,265$4,8509
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,648$4,7008
Cow-Calf PairsOpenMiddle Aged/Aged (>5 yrs)1,518$4,22738
Cow-Calf PairsOpenAged (>8 yrs)1,515$3,67862
Heifer PairsOpen(<2 yrs)1,297$4,81555

Every lot

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. Grouped by class and set lightest first; USDA files them in sale-ring order.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers7 lots · lightest first
Steers450–500Medium 1498480.00/cwt480.00–480.002,3903
Steers500–550Medium and Large 1-2531484.48/cwt480.00–486.002,5738
Steers600–650Medium and Large 1620450.00/cwt450.00–450.002,7906
Steers600–650Medium and Large 2621375.69/cwt365.00–401.002,3337
Steers650–700Medium and Large 1672431.00/cwt431.00–431.002,89628
Steers700–750Medium and Large 2700322.50/cwt322.50–322.502,2582
Steers700–750Large 1-2719340.00/cwt340.00–340.002,4458
Feeder Cattle · Heifers11 lots · lightest first
Heifers450–500Medium and Large 1-2466472.50/cwt472.50–472.502,2027
Heifers500–550Medium and Large 1-2505450.00/cwt450.00–450.002,2732
Heifers550–600Medium and Large 1593424.00/cwt424.00–424.002,51438
Heifers600–650Medium and Large 1-2620360.00/cwt360.00–360.002,2323
Heifers600–650Medium and Large 1626404.76/cwt397.50–409.002,53417
Heifers650–700Medium and Large 1-2653360.00/cwt360.00–360.002,35115
Heifers650–700Medium and Large 2668340.00/cwt340.00–340.002,2712
Heifers650–700Medium and Large 1682374.35/cwt370.00–378.002,55313
Heifers700–750Medium and Large 1730360.56/cwt355.00–365.002,63252
Heifers750–800Medium and Large 1-2760339.00/cwt339.00–339.002,5762
Heifers850–900Medium and Large 1-2851320.00/cwt320.00–320.002,7236
Feeder Cattle · Bulls7 lots · lightest first
Bulls900–950Medium and Large 1-2910282.50/cwt282.50–282.502,5711
Bulls1000–1050Medium and Large 1-21,023245.00/cwt245.00–245.002,5062
Bulls1050–1100Large 11,073250.00/cwt250.00–250.002,6833
Bulls1100–1150Large 1-21,100230.00/cwt230.00–230.002,5301
Bulls1150–1200Large 1Fleshy1,168232.50/cwt232.50–232.502,7166
Bulls1250–1300Large 1Fleshy1,250232.50/cwt232.50–232.502,9061
Bulls1300–1350Large 1Fleshy1,308221.00/cwt221.00–221.002,8913
Slaughter Cattle · Bulls8 lots · lightest first
Bulls——Light Weight1,298188.71/cwt170.00–198.002,4493
Bulls——Return to Feed1,300187.16/cwt175.00–195.002,4336
Bulls——Return to Feed1,499203.48/cwt200.00–214.003,05010
Bulls——1,660183.83/cwt180.00–188.003,0522
Bulls——1,881215.27/cwt201.00–222.004,04912
Bulls——2,073227.99/cwt223.00–236.004,7264
Bulls——2,320218.00/cwt218.00–218.005,0581
Bulls——Heavy Weight2,630220.00/cwt220.00–220.005,7861
Slaughter Cattle · Cows16 lots · lightest first
Cows—Lean 85-90%Light Weight898122.38/cwt120.00–125.001,0992
Cows—Lean 85-90%1,118109.90/cwt102.50–116.001,2292
Cows—Lean 85-90%1,161135.59/cwt120.00–142.501,5745
Cows—Lean 85-90%Return to Feed1,169162.27/cwt152.50–165.001,8976
Cows—Lean 85-90%Return to Feed1,200176.69/cwt170.00–182.502,12024
Cows—Lean 85-90%Return to Feed1,232187.36/cwt185.00–193.002,3089
Cows—Lean 85-90%1,233154.08/cwt152.00–156.001,9002
Cows—Boner 80-85%1,380130.00/cwt130.00–130.001,7941
Cows—Boner 80-85%Return to Feed1,399163.91/cwt154.00–171.002,2937
Cows—Boner 80-85%Return to Feed1,402189.21/cwt186.00–192.502,65362
Cows—Boner 80-85%Return to Feed1,432182.31/cwt175.00–185.502,61140
Cows—Boner 80-85%1,473162.00/cwt162.00–162.002,3862
Cows—Boner 80-85%1,515181.23/cwt176.00–186.002,7462
Cows—Breaker 75-80%Return to Feed1,605185.77/cwt184.00–190.002,98213
Cows—Breaker 75-80%Return to Feed1,681183.27/cwt181.00–184.003,0814
Cows—Breaker 75-80%1,795183.00/cwt183.00–183.003,2852
Slaughter Cattle · Dairy Cows1 lot · lightest first
Dairy Cows—Lean 85-90%1,19085.00/cwt85.00–85.001,0121
Replacement Cattle · Stock Cows11 lots · lightest first
Stock Cows—Medium 1812326.39/cwt315.00–332.502,6503
Stock Cows—Medium 1850277.50/cwt277.50–277.502,3591
Stock Cows—Medium 1-2865265.00/cwt265.00–265.002,2921
Stock Cows—Medium and Large 11,028307.02/cwt232.50–355.003,15666
Stock Cows—Large 11,035230.00/cwt230.00–230.002,3811
Stock Cows—Medium and Large 1-21,073241.03/cwt195.50–285.002,5863
Stock Cows—Medium and Large 1-21,078253.86/cwt225.00–285.002,7373
Stock Cows—Medium and Large 1Fleshy1,105242.50/cwt242.50–242.502,6801
Stock Cows—Medium and Large 11,142265.48/cwt192.00–347.503,03266
Stock Cows—Medium and Large 11,316197.40/cwt183.00–230.002,59824
Stock Cows—Large 11,325194.00/cwt194.00–194.002,5711
Replacement Cattle · Cow-Calf Pairs4 lots · lightest first
Cow-Calf Pairs—Medium and Large 11,2654,850.00/head4,850.00–4,850.004,8509
Cow-Calf Pairs—Medium and Large 1Broken Mouth1,5153,677.86/head3,610.00–3,950.003,67862
Cow-Calf Pairs—Medium and Large 11,5184,226.54/head4,200.00–4,250.004,22738
Cow-Calf Pairs—Medium and Large 11,6484,700.00/head4,700.00–4,700.004,7008
Replacement Cattle · Heifer Pairs3 lots · lightest first
Heifer Pairs—Medium and Large 11,2294,882.46/head4,550.00–4,985.004,88221
Heifer Pairs—Medium and Large 1-21,2864,501.53/head4,300.00–4,625.004,5028
Heifer Pairs—Medium and Large 11,3554,856.12/head4,800.00–4,900.004,85626
Replacement Cattle · Bred Heifers1 lot · lightest first
Bred Heifers—Medium and Large 11,2303,450.00/head3,450.00–3,450.003,4503

This sale against other markets

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.