Sale reports / Montana / Miles City Livestock Commission / 2019-09-24

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Sep 24
● Final54 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
1,555 head
▲ 605 vs last sale 950▲ 1,555 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
173 head
▼ 4 vs last sale 177▲ 173 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
210 head
▲ 167 vs last sale 43▲ 210 vs year ago 0 · no sale a year ago
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Reporter comment USDA

As filed

Compared to last week: The best test for feeder steers was for 800-899 lbs yearlings which sold mostly 2.00-3.00 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 6.00-10.00 higher. Demand was mostly good with very good demand seen at times. Offerings were mostly moderate. Quality was mostly attractive this week and some of the highest seen this summer. Very good demand was seen for load lots of yearlings, while packages were met with mostly good demand. All cattle were in light flesh and coming straight off grass. All yearlings offered buyers fair weigh up conditions. Market activity was active. Weigh up cows sold on mostly moderate to good demand for light to moderate offerings. Packers showed stronger demand for cows to send to immediate harvest this week. Slaughter cows sold mostly 2.00-3.00 higher on lean and boning cows. Breaking cows were too lightly tested to trend, however higher undertones were noticed. Feeding buyers were back in the market this week and they showed strong demand for cows of all ages. Fleshy cows sold with the best demand again this week as both packers and feeding buyers bid aggressively over offerings. Feeding cows were too lightly tested last week to develop an accurate market trend, however higher undertones were noticed. Cow quality this week was average to attractive and higher than last week. Slaughter bulls sold mostly 2.00 higher in a narrow comparison. Bulls were mixed for quality. 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 $135.93/cwt on 736 head.
Average price
$135.93
736 head · 852 lb average
Value per head Derived
$1,158
Price × average weight ÷ 100
Grade differential Derived
−$320
per head · Medium 1 over Large 1
$21.80/cwt at this weight
vs the market
+0.81
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1668145.9897666
Medium and Large 1844136.861,155556
Medium and Large 1-2846130.151,10227
Large 11,044124.181,29687
One grade step is worth $21.80/cwt here — about −$320 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 sale736 hd
135.93
—
MT average3 barns · 1,430 hd
135.12
+0.81
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—Low1,81476.041,37962
CowsBreaker 75-80%Average1,75970.081,23314
CowsBoner 80-85%Average1,41761.1386623
CowsLean 85-90%Low1,21356.5468646

Every lot

54 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 1-2Unweaned284171.00/cwt171.00–171.004866
Steers—Medium and Large 1Unweaned443158.50/cwt158.50–158.507026
Steers—Medium and Large 1Unweaned533149.50/cwt149.50–149.507978
Steers—Medium and Large 1-2733147.78/cwt147.50–150.501,08321
Steers—Medium and Large 1740151.00/cwt151.00–151.001,11711
Steers—Medium and Large 1760146.50/cwt146.50–146.501,1133
Steers—Medium and Large 1-2Full770133.00/cwt133.00–133.001,0244
Steers—Medium and Large 1-2778144.00/cwt144.00–144.001,1205
Steers—Medium and Large 1845145.32/cwt141.00–145.851,228255
Steers—Medium and Large 1-2880134.50/cwt134.50–134.501,1846
Steers—Medium and Large 1884138.67/cwt136.00–139.501,22639
Steers—Medium and Large 1Natural921140.64/cwt138.50–141.251,29585
Steers—Medium and Large 1925136.15/cwt134.50–138.501,259151
Steers—Medium and Large 1970135.50/cwt135.50–135.501,31425
Steers—Large 11,007130.00/cwt130.00–130.001,3093
Steers—Large 1Full1,176103.00/cwt103.00–103.001,2117
Feeder Cattle · Heifers18 lots · lightest first
Heifers—Medium and Large 1Unweaned377150.00/cwt150.00–150.005667
Heifers—Medium and Large 1Unweaned420144.00/cwt144.00–144.006054
Heifers—Medium and Large 1Unweaned472138.00/cwt138.00–138.006518
Heifers—Medium 1643147.00/cwt147.00–147.0094531
Heifers—Medium 1691145.07/cwt142.50–146.001,00235
Heifers—Medium and Large 1-2755133.00/cwt133.00–133.001,0044
Heifers—Medium and Large 1767148.06/cwt141.00–149.001,13642
Heifers—Medium and Large 1810139.35/cwt139.35–139.351,129226
Heifers—Medium and Large 1-2834131.83/cwt131.00–132.001,09917
Heifers—Medium and Large 1877134.04/cwt132.00–136.001,176117
Heifers—Medium and Large 1-2915125.00/cwt125.00–125.001,1443
Heifers—Medium and Large 1922132.78/cwt129.75–134.501,22480
Heifers—Medium and Large 1Fancy958133.00/cwt133.00–133.001,27421
Heifers—Medium and Large 1969129.15/cwt128.25–130.001,25144
Heifers—Medium and Large 1-2970122.00/cwt122.00–122.001,1833
Heifers—Medium and Large 1Full986124.42/cwt124.00–125.001,2277
Heifers—Large 11,026127.09/cwt124.00–127.501,30451
Heifers—Large 11,069120.06/cwt118.00–121.001,28336
Slaughter Cattle · Bulls6 lots · lightest first
Bulls——Light Weight1,13567.50/cwt67.50–67.507661
Bulls——1,77172.63/cwt63.00–77.001,28626
Bulls——1,81678.15/cwt74.50–81.501,41927
Bulls——Canadian Origin1,91378.00/cwt78.00–78.001,4922
Bulls——1,98784.00/cwt83.00–85.001,6695
Bulls——Heavy Weight2,50572.50/cwt72.50–72.501,8161
Slaughter Cattle · Cows9 lots · lightest first
Cows—Lean 85-90%Light Weight91554.00/cwt54.00–54.004941
Cows—Lean 85-90%1,16860.62/cwt59.00–64.507087
Cows—Lean 85-90%1,22855.49/cwt49.50–59.0068137
Cows—Lean 85-90%1,28069.50/cwt69.50–69.508901
Cows—Boner 80-85%1,30068.95/cwt68.00–70.008962
Cows—Boner 80-85%1,42657.27/cwt55.50–58.5081710
Cows—Boner 80-85%1,43063.22/cwt61.00–66.0090411
Cows—Breaker 75-80%1,75469.56/cwt69.50–70.001,2208
Cows—Breaker 75-80%1,76670.77/cwt70.25–73.501,2506
Replacement Cattle · Stock Cows5 lots · lightest first
Stock Cows—Medium and Large 198984.08/cwt68.00–85.5083231
Stock Cows—Medium and Large 11,15072.50/cwt64.00–78.0083417
Stock Cows—Medium and Large 1-21,16550.00/cwt50.00–50.005831
Stock Cows—Medium and Large 11,42263.28/cwt57.00–69.5090066
Stock Cows—Medium and Large 11,42565.40/cwt60.00–68.5093257

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.