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%
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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 classPick one — the panels below update

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 9 of 11 comparable sales and sits +34.65 against this barn's trailing median of $451.58.
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

Price by quality 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.

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 median11 sales
451.58
+34.65
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

11 sales
526474422371median 451.5803/1003/3109/2910/2011/03
Steers 500–600 lb: high $512.23, low $384.50, median $451.58 across 11 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—Average1,720202.143,47630
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

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. Grouped by class and set lightest first; USDA files them in sale-ring order.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers10 lots · lightest first
Steers350–400Medium and Large 2Thin Fleshed376540.00/cwt540.00–540.002,0304
Steers400–450Small and Medium 24092,000.00/head2,000.00–2,000.002,00010
Steers450–500Medium and Large 2Thin Fleshed486447.50/cwt447.50–447.502,17511
Steers550–600Medium and Large 1-2Thin Fleshed554507.50/cwt507.50–507.502,81232
Steers550–600Medium and Large 2Thin Fleshed577420.00/cwt420.00–420.002,4237
Steers550–600Medium and Large 2585432.00/cwt432.00–432.002,5274
Steers600–650Medium and Large 1-2Thin Fleshed613475.00/cwt475.00–475.002,91251
Steers650–700Medium and Large 2Thin Fleshed658377.50/cwt377.50–377.502,4844
Steers650–700Medium and Large 1-2Thin Fleshed681445.00/cwt445.00–445.003,03028
Steers700–750Medium and Large 1Fleshy722383.00/cwt383.00–383.002,76515
Feeder Cattle · Heifers6 lots · lightest first
Heifers350–400Small and Medium 23722,000.00/head2,000.00–2,000.002,0007
Heifers650–700Medium and Large 1673407.50/cwt407.50–407.502,74225
Heifers650–700Medium and Large 1Fleshy694365.00/cwt365.00–365.002,5335
Heifers700–750Medium and Large 1Fleshy704337.16/cwt335.00–341.502,37415
Heifers700–750Medium and Large 1-2728345.39/cwt341.00–350.002,5146
Heifers750–800Medium and Large 1755356.00/cwt356.00–356.002,68810
Feeder Cattle · Bulls3 lots · lightest first
Bulls800–850Medium and Large 1-2803300.00/cwt300.00–300.002,4092
Bulls1000–1050Medium and Large 1-21,024262.50/cwt262.50–262.502,6884
Bulls1050–1100Large 11,083275.00/cwt275.00–275.002,9782
Slaughter Cattle · Bulls8 lots · lightest first
Bulls——Light Weight1,370187.50/cwt187.50–187.502,5691
Bulls——Light Weight1,383171.71/cwt160.00–185.002,3752
Bulls——Return to Feed1,531190.17/cwt180.00–195.002,9125
Bulls——Return to Feed1,611209.72/cwt202.00–215.003,3794
Bulls——1,759188.38/cwt175.00–205.003,3145
Bulls——1,836210.40/cwt202.00–220.003,8639
Bulls——1,845211.00/cwt211.00–211.003,8931
Bulls——2,063232.39/cwt225.00–236.504,7943
Slaughter Cattle · Cows16 lots · lightest first
Cows—Lean 85-90%1,020105.00/cwt105.00–105.001,0711
Cows—Lean 85-90%1,111133.80/cwt120.00–140.001,4876
Cows—Lean 85-90%Return to Feed1,117155.91/cwt150.00–164.001,7428
Cows—Lean 85-90%1,175164.00/cwt164.00–164.001,9271
Cows—Lean 85-90%Return to Feed1,177179.00/cwt177.00–182.002,1073
Cows—Lean 85-90%1,215146.00/cwt146.00–146.001,7741
Cows—Boner 80-85%1,298144.05/cwt130.00–157.001,8702
Cows—Boner 80-85%Return to Feed1,391161.38/cwt153.00–167.002,2457
Cows—Boner 80-85%1,397153.45/cwt150.00–158.002,1443
Cows—Boner 80-85%Return to Feed1,400189.20/cwt185.00–193.002,64942
Cows—Boner 80-85%Return to Feed1,455181.35/cwt175.00–185.002,63921
Cows—Breaker 75-80%Return to Feed1,636177.57/cwt172.00–180.002,9056
Cows—Premium White 65-75%1,823179.67/cwt175.00–180.003,27586
Cows—Premium White 65-75%1,833152.37/cwt150.00–155.002,7932
Cows—Breaker 75-80%Return to Feed1,855182.50/cwt182.50–182.503,3853
Cows—Premium White 65-75%Heavy Weight2,165175.50/cwt175.50–175.503,8001
Replacement Cattle · Stock Cows7 lots · lightest first
Stock Cows—Medium 1710327.71/cwt305.00–355.002,3272
Stock Cows—Medium and Large 1-2959281.69/cwt247.50–310.002,7016
Stock Cows—Medium and Large 11,080299.61/cwt235.00–360.003,23646
Stock Cows—Medium and Large 11,152205.00/cwt205.00–205.002,3627
Stock Cows—Medium and Large 11,161260.23/cwt193.00–322.503,02156
Stock Cows—Medium and Large 1Fleshy1,250212.50/cwt212.50–212.502,6561
Stock Cows—Medium and Large 11,345204.06/cwt197.50–220.002,7453
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 11,2153,600.00/head3,600.00–3,600.003,6002
Bred Cows—Medium and Large 1Broken Mouth1,3903,300.00/head3,300.00–3,300.003,3006
Replacement Cattle · Bred Heifers1 lot · lightest first
Bred Heifers—Medium and Large 1-21,0433,600.00/head3,600.00–3,600.003,6002

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.