Sale reports / Montana / Miles City Livestock Commission / 2019-09-17

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Sep 17
● Final38 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
950 head
▼ 95 vs last sale 1,045▲ 950 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
177 head
▲ 56 vs last sale 121▲ 177 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
43 head
▼ 52 vs last sale 95▲ 43 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: The best test for feeder steers was for 850-899 lbs yearlings which sold mostly 6.00 higher. All other weights of yearling steers were too lightly tested to trend, however higher undertones were noticed. Yearling heifers 800-1,049 lbs sold mostly 2.00-5.00 higher, with instances of 7.00 seen at times. Demand was moderate to good on mostly light to moderate offerings. Quality this week was average to attractive. Offerings were coming off grass and in mostly light flesh. Weigh up conditions were mostly average. Buyer participation was better this sale as buyers were more active and aggressive as they bid on offerings. Market activity was active as a result. Weigh up cows sold on mostly light demand for light offerings. Packers opted to send all purchases to harvest this week as cow quality was mostly plain and lower than last week. Many cows had freshly weaned calves and were still carrying large bags. Additionally, cows were in mostly thin condition. Fleshy cows continue to sale with the best demand, however offerings were limited. Feeding cows were too lightly tested this week to develop any market trend. Most buyers passed on offerings as quality was plain. Slaughter bulls sold mostly 3.00-4.00 lower in a narrow comparison. Bulls were not as attractive as last week and were lower in quality as well. Young age cows suitable to re-breed were too lightly tested to develop any market trend.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $127.38/cwt on 402 head.
Average price
$127.38
402 head · 876 lb average
Value per head Derived
$1,115
Price × average weight ÷ 100
Grade differential Derived
−$240
per head · Medium 1 over Large 1
$13.79/cwt at this weight
vs the market
+0.27
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1749132.5799453
Medium and Large 1881127.331,122319
Large 11,039118.781,23430
One grade step is worth $13.79/cwt here — about −$240 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 sale402 hd
127.38
—
MT average3 barns · 759 hd
127.11
+0.27
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—High1,77575.421,33830
CowsLean 85-90%Very Low1,31356.44741116
CowsBoner 80-85%Very Low1,45056.1281418

Every lot

38 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 · Steers13 lots · lightest first
Steers—Small and Medium 1-2597134.00/cwt134.00–134.008007
Steers—Medium 1601146.75/cwt146.75–146.7588222
Steers—Medium 1-2657131.00/cwt131.00–131.0086116
Steers—Medium and Large 1707145.25/cwt145.25–145.251,0279
Steers—Medium and Large 1-2720139.00/cwt139.00–139.001,0013
Steers—Medium and Large 1814141.44/cwt138.50–142.501,15177
Steers—Medium and Large 1880136.39/cwt136.00–137.501,20050
Steers—Medium and Large 1-2893135.00/cwt135.00–135.001,20612
Steers—Medium and Large 1-2909132.00/cwt132.00–132.001,2004
Steers—Medium and Large 1958134.19/cwt130.00–135.001,286135
Steers—Large 11,023124.50/cwt124.50–124.501,27423
Steers—Large 1-21,067118.50/cwt118.50–118.501,2643
Steers—Large 1Full1,081118.00/cwt118.00–118.001,2768
Feeder Cattle · Heifers9 lots · lightest first
Heifers—Medium 1740133.31/cwt131.50–134.0098646
Heifers—Medium 1798130.00/cwt130.00–130.001,0375
Heifers—Medium and Large 1822129.64/cwt127.00–132.501,06647
Heifers—Medium 1845122.00/cwt122.00–122.001,0312
Heifers—Medium and Large 1866128.38/cwt124.50–130.501,112167
Heifers—Medium and Large 1928124.96/cwt122.50–127.001,16099
Heifers—Medium and Large 1997119.00/cwt119.00–119.001,1866
Heifers—Large 11,031119.54/cwt118.75–120.501,23226
Heifers—Large 11,090113.87/cwt113.00–116.501,2414
Feeder Cattle · Bulls3 lots · lightest first
Bulls—Medium and Large 1Unweaned377184.00/cwt184.00–184.006948
Bulls—Large 1-295893.50/cwt93.50–93.508963
Bulls—Medium and Large 1985108.00/cwt108.00–108.001,0641
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,65472.55/cwt68.00–74.501,20012
Bulls——1,84476.36/cwt75.00–81.001,40815
Bulls——1,91082.16/cwt82.00–82.501,5693
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%1,08748.91/cwt48.50–49.505325
Cows—Lean 85-90%1,26853.91/cwt50.00–57.0068453
Cows—Lean 85-90%1,37459.40/cwt58.00–60.0081658
Cows—Boner 80-85%1,37549.25/cwt49.25–49.256773
Cows—Boner 80-85%1,46160.03/cwt58.00–60.508779
Cows—Boner 80-85%1,47253.69/cwt50.50–56.507906
Replacement Cattle · Stock Cows4 lots · lightest first
Stock Cows—Medium and Large 196585.00/cwt85.00–85.008201
Stock Cows—Medium and Large 11,32567.30/cwt65.50–71.008925
Stock Cows—Medium and Large 11,47663.09/cwt58.50–65.5093116
Stock Cows—Medium and Large 11,83563.50/cwt63.50–63.501,1651

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.