Sale reports / Montana / Miles City Livestock Commission / 2019-10-15

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Oct 15
● Final64 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
1,762 head
▲ 78 vs last sale 1,684▲ 1,762 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
210 head
▼ 46 vs last sale 256▲ 210 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
693 head
▲ 477 vs last sale 216▲ 693 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 500-549 lbs steers which sold mostly mostly 5.00 higher in a narrow comparison. All other weights of steer calves and yearlings were too lightly tested last week to develop an accurate market trend, however higher undertones were noticed. Heifer calves were all too lightly tested last week to develop an accurate market trend, however higher undertones were noticed. Yearling heifers 800-899 lbs sold mostly 3.00 to 5.00 higher, other weights not well tested. Quality this week was average to attractive on both yearlings and calves. Demand for yearlings was mostly good, while demand for calves was mostly moderate to good. Buyers showed the best demand for calves which had two rounds of preconditioning shots. Calves with only one round of shots sold at a 9.00-12.00 discount to cattle of the same quality. All cattle were fresh off the cow and showing mostly moderate flesh. Market activity this week was mostly active. Weigh up cows sold on mostly moderate demand for moderate to heavy offerings. Packers opted to send most of the offerings this week to feed. Slaughter cows sold generally steady to weak on boning and lean cows, breaking cows sold 2.00-3.00 higher as demand from feeding buyers pushed these offerings higher. The yield of slaughter cows was significantly lower this week compared to last week. Cows were mostly in light flesh with many in very light flesh and carrying wet bags. The majority of cows are destined for feed in the corn belt as many farmers have excess corn stalks, unharvested corn, and silage to use. Feeding cows were too lightly tested last week to develop any market trend. Slaughter bulls were too lightly tested to trend, however steady to weak undertones were noticed. Demand for re-breeding cows was mostly light to moderate this sale. Too few comparable sales were seen to make an accurate market trend, however lower undertones were noticed.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $156.84/cwt on 812 head.
Average price
$156.84
812 head · 546 lb average
Value per head Derived
$856
Price × average weight ÷ 100
Grade differential Derived
−$259
per head · Medium and Large 1 over Large 1
$30.42/cwt at this weight
vs the market
+4.89
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1546158.09863722
Medium and Large 1-2482153.0073766
Medium and Large 2461133.006139thin
Large 1879127.671,12215thin
One grade step is worth $30.42/cwt here — about −$259 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 sale812 hd
156.84
—
MT average5 barns · 2,397 hd
151.95
+4.89
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—Average1,89575.161,42421
CowsBreaker 75-80%High1,66271.741,19220
CowsBoner 80-85%Low1,48567.341,00019
CowsLean 85-90%Very Low1,16250.8359093

Every lot

64 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 · Steers24 lots · lightest first
Steers—Medium and Large 1Unweaned300183.00/cwt183.00–183.005497
Steers—Medium and Large 1-2Unweaned320168.01/cwt165.00–175.5053811
Steers—Large 1361154.00/cwt154.00–154.005564
Steers—Medium and Large 1Unweaned371179.70/cwt173.00–184.7566765
Steers—Medium and Large 1Unweaned435163.74/cwt161.00–174.0071245
Steers—Medium and Large 1-2Unweaned438155.66/cwt153.50–167.5068218
Steers—Medium and Large 1-2Unweaned454155.99/cwt155.00–158.5070814
Steers—Medium and Large 2Unweaned461133.00/cwt133.00–133.006139
Steers—Medium and Large 1Unweaned471160.72/cwt157.00–164.00757137
Steers—Medium and Large 1-2Unweaned523144.00/cwt144.00–144.007532
Steers—Medium and Large 1Fancy527166.50/cwt166.50–166.5087751
Steers—Medium and Large 1Unweaned534155.98/cwt153.00–162.50833204
Steers—Medium and Large 1Unweaned567153.55/cwt148.50–158.0087187
Steers—Medium and Large 1-2Unweaned583142.65/cwt140.00–145.0083219
Steers—Medium and Large 1Unweaned607152.65/cwt152.50–153.0092717
Steers—Medium and Large 1Unweaned659146.56/cwt142.00–147.2596646
Steers—Medium and Large 1Full821139.50/cwt139.50–139.501,1455
Steers—Medium and Large 1829143.50/cwt143.50–143.501,1906
Steers—Medium and Large 1891142.21/cwt142.00–142.251,26719
Steers—Medium and Large 1958139.75/cwt139.75–139.751,33920
Steers—Medium and Large 1-2960133.00/cwt133.00–133.001,2772
Steers—Medium and Large 1Full979133.00/cwt133.00–133.001,30213
Steers—Large 11,048123.00/cwt123.00–123.001,2897
Steers—Large 1Fleshy1,101109.50/cwt109.50–109.501,2064
Feeder Cattle · Heifers19 lots · lightest first
Heifers—Medium and Large 1-2Unweaned320141.50/cwt141.50–141.504539
Heifers—Medium and Large 1Unweaned342148.35/cwt147.50–149.005079
Heifers—Medium and Large 2Unweaned410121.00/cwt121.00–121.004964
Heifers—Medium and Large 1-2Unweaned416141.00/cwt141.00–141.005876
Heifers—Medium and Large 1Unweaned421141.78/cwt137.00–146.50597122
Heifers—Medium and Large 1-2Unweaned458133.00/cwt133.00–133.006098
Heifers—Medium and Large 1Unweaned495137.08/cwt136.00–137.75679203
Heifers—Medium and Large 1Unweaned528136.99/cwt132.00–139.5072331
Heifers—Medium and Large 1Unweaned563134.48/cwt131.50–135.7575744
Heifers—Medium 1741139.50/cwt139.50–139.501,03411
Heifers—Medium 1769140.00/cwt140.00–140.001,0779
Heifers—Medium and Large 1773142.35/cwt141.50–142.501,10021
Heifers—Medium and Large 1811141.20/cwt140.50–142.751,14561
Heifers—Medium and Large 1854140.25/cwt140.25–140.251,19837
Heifers—Medium and Large 1953127.00/cwt127.00–127.001,2105
Heifers—Medium and Large 1-2993123.50/cwt123.50–123.501,2262
Heifers—Large 11,037125.28/cwt124.00–126.001,29911
Heifers—Large 11,056125.00/cwt125.00–125.001,32012
Heifers—Large 11,106106.00/cwt106.00–106.001,1725
Slaughter Cattle · Bulls4 lots · lightest first
Bulls——1,82172.88/cwt67.00–76.001,32712
Bulls——1,89777.32/cwt75.00–81.501,4677
Bulls——2,20085.00/cwt85.00–85.001,8701
Bulls——Heavy Weight2,46577.50/cwt77.50–77.501,9101
Slaughter Cattle · Cows8 lots · lightest first
Cows—Lean 85-90%1,14249.11/cwt40.00–49.7556147
Cows—Lean 85-90%1,17852.37/cwt50.25–60.0061745
Cows—Lean 85-90%1,34062.00/cwt62.00–62.008311
Cows—Boner 80-85%1,48267.73/cwt62.50–69.501,00414
Cows—Boner 80-85%1,49055.00/cwt55.00–55.008201
Cows—Boner 80-85%1,49569.08/cwt68.50–69.501,0334
Cows—Breaker 75-80%1,63870.98/cwt70.50–73.001,16315
Cows—Breaker 75-80%1,73274.02/cwt73.50–74.501,2825
Replacement Cattle · Stock Cows9 lots · lightest first
Stock Cows—Medium and Large 11,02570.65/cwt63.50–77.5072441
Stock Cows—Medium and Large 1Thin Fleshed1,03661.28/cwt60.00–61.506357
Stock Cows—Medium and Large 11,04473.71/cwt67.00–80.507704
Stock Cows—Medium and Large 1Thin Fleshed1,08659.50/cwt59.50–59.5064611
Stock Cows—Medium and Large 11,10362.33/cwt61.00–67.0068722
Stock Cows—Medium and Large 1Thin Fleshed1,19955.18/cwt46.00–57.50662120
Stock Cows—Medium and Large 1Thin Fleshed1,24357.68/cwt56.00–59.0071740
Stock Cows—Medium and Large 11,28459.65/cwt58.00–71.50766197
Stock Cows—Medium and Large 11,32463.93/cwt58.00–73.0084684

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.