Sale reports / Montana / Miles City Livestock Commission / 2019-08-27

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Aug 27
● Final51 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
1,327 head
▲ 1,258 vs last sale 69▲ 1,327 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
245 head
▲ 112 vs last sale 133▲ 245 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
161 head
▲ 80 vs last sale 81▲ 161 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last sale (8-6-2019): Feeder steers and heifers were all too lightly tested last sale to develop any market trend. Demand for yearlings was moderate to good with nearly all offerings coming off grass. Yearlings were in light flesh with a few offerings pushing light to moderate flesh. Quality was average to attractive. Buyers were able to piece together loads as offerings were mostly comprised of mostly small to moderate size packages. Limited load lots were seen this week. Market activity was moderate to active this week. Slaughter cows sold on good to very good demand. Feeder buyers were the driving force in the market this week as cow supplies in the corn belt are tight and buyers are looking west for high quality cows at a competitive price. Packer buyers were forced to be competitive for cows as feeder buyers showed strong demand for all cows on offer regardless of age. Slaughter cows sold mostly 1.00-3.00 higher; feeding cows sold mostly 2.00-5.00 higher. Slaughter bulls sold on lighter demand this week. Bull quality was lower than last sale as mostly lame, blemished or bulls that have been out breeding were on offer this week. Bulls on average were yielding 1-2% lower than last sale. Slaughter bulls sold mostly 1.00-3.00 lower. Packers opted to feed a good portion of the bulls under 1800 lbs as long as they were thin, sound and unblemished. Young age cows suitable to re-breed sold on moderate to good demand. These offerings sold with higher undertones compared to last sale.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $130.69/cwt on 613 head.
Average price
$130.69
613 head · 839 lb average
Value per head Derived
$1,096
Price × average weight ÷ 100
Grade differential Derived
−$238
per head · Medium 1 over Large 1
$18.61/cwt at this weight
vs the market
+1.10
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1708135.8596265
Medium 1-2599135.0080913thin
Medium and Large 1861130.481,124473
Medium and Large 1-2802128.811,03347
Large 11,023117.241,19915thin
One grade step is worth $18.61/cwt here — about −$238 a head. Across this sale the premium is widest at 0–100 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 0–100 lb

Same class and week · spot auction only
This sale613 hd
130.69
—
MT average2 barns · 699 hd
129.59
+1.10
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
Bulls—High1,78082.641,471103
CowsBreaker 75-80%High1,48471.501,0615thin
CowsBoner 80-85%Average1,42966.3894919
CowsLean 85-90%Low1,18459.6070627

Every lot

51 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 · Steers16 lots · lightest first
Steers—Medium and Large 1Unweaned492154.50/cwt154.50–154.507608
Steers—Medium 1590151.00/cwt151.00–151.008915
Steers—Medium 1620144.00/cwt144.00–144.0089310
Steers—Medium and Large 1666150.00/cwt150.00–150.0099928
Steers—Medium 1679143.62/cwt143.50–144.5097525
Steers—Medium and Large 1716147.51/cwt143.25–149.251,056128
Steers—Medium and Large 1-2752133.50/cwt133.50–133.501,0047
Steers—Medium and Large 1781140.98/cwt140.25–142.501,101114
Steers—Medium and Large 1Full794137.05/cwt136.00–137.501,08810
Steers—Medium and Large 1823139.78/cwt137.75–140.751,15047
Steers—Medium and Large 1851139.50/cwt139.50–139.501,1877
Steers—Medium and Large 1904135.00/cwt135.00–135.001,22027
Steers—Medium and Large 1964127.91/cwt126.00–130.751,23321
Steers—Medium and Large 1-2981121.00/cwt121.00–121.001,1877
Steers—Large 11,034127.50/cwt127.50–127.501,31821
Steers—Large 11,089121.50/cwt121.50–121.501,32313
Feeder Cattle · Heifers15 lots · lightest first
Heifers—Medium and Large 1Unweaned519135.50/cwt135.50–135.5070310
Heifers—Medium 1-2599135.00/cwt135.00–135.0080913
Heifers—Medium 1691136.88/cwt135.50–138.0094647
Heifers—Medium and Large 1-2713132.54/cwt132.00–133.0094511
Heifers—Medium 1744133.70/cwt133.25–134.5099515
Heifers—Medium and Large 1767135.14/cwt132.50–136.751,03794
Heifers—Medium 1793130.50/cwt130.50–130.501,0353
Heifers—Medium and Large 1-2799131.50/cwt131.50–131.501,0516
Heifers—Medium and Large 1-2816127.03/cwt125.00–130.501,03723
Heifers—Medium and Large 1824133.00/cwt133.00–133.001,0965
Heifers—Medium and Large 1865131.44/cwt127.00–134.001,137223
Heifers—Medium and Large 1-2898126.50/cwt126.50–126.501,1367
Heifers—Medium and Large 1916128.09/cwt125.50–130.001,17387
Heifers—Medium and Large 1989121.07/cwt120.25–126.001,19754
Heifers—Large 11,023117.24/cwt116.25–118.751,19915
Feeder Cattle · Bulls1 lot · lightest first
Bulls—Large 11,09696.00/cwt96.00–96.001,05210
Slaughter Cattle · Bulls4 lots · lightest first
Bulls——1,60875.50/cwt65.00–80.001,21422
Bulls——1,77683.36/cwt79.00–86.501,48062
Bulls——1,97588.65/cwt86.50–91.751,75117
Bulls——Natural2,12088.00/cwt88.00–88.001,8662
Slaughter Cattle · Cows8 lots · lightest first
Cows—Lean 85-90%Light Weight96063.00/cwt63.00–63.006051
Cows—Lean 85-90%1,12752.80/cwt52.00–53.005955
Cows—Lean 85-90%1,16565.50/cwt65.50–65.507635
Cows—Lean 85-90%1,22259.67/cwt55.00–64.5072916
Cows—Boner 80-85%1,38060.98/cwt58.00–63.008427
Cows—Boner 80-85%1,43371.08/cwt70.00–75.501,0195
Cows—Boner 80-85%1,47568.43/cwt68.00–69.251,0097
Cows—Breaker 75-80%1,48471.50/cwt71.50–71.501,0615
Replacement Cattle · Stock Cows7 lots · lightest first
Stock Cows—Medium and Large 1-21,02385.00/cwt85.00–85.008703
Stock Cows—Medium and Large 11,02594.15/cwt91.00–100.009653
Stock Cows—Medium and Large 11,12777.40/cwt72.00–89.0087222
Stock Cows—Medium and Large 1-21,15957.62/cwt56.00–59.506684
Stock Cows—Medium and Large 11,33771.49/cwt67.50–72.5095642
Stock Cows—Medium and Large 11,35765.87/cwt61.00–71.0089433
Stock Cows—Medium and Large 11,42669.73/cwt68.00–71.5099428

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.