Sale reports / Montana / Miles City Livestock Commission / 2019-10-29

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Oct 29
● Final58 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
3,370 head
▼ 369 vs last sale 3,739▲ 3,370 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
182 head
▼ 168 vs last sale 350▲ 182 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
739 head
▼ 61 vs last sale 800▲ 739 vs year ago 0 · no sale a year ago
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Reporter comment USDA

As filed

Compared to last week: Yearling steers and heifers were too lightly tested to develop any market trend. Steer calves under 450 lbs sold sharply higher with most sales 10.00-15.00 higher and instances of 20.00 higher seen at times, 450-549 lbs sold mostly 5.00-10.00 higher, 550-699 lbs steers sold mostly 3.00-6.00 higher. Heifer calves weighing under 400 lbs were too lightly tested to trend, however higher undertones were noticed; heifer calves 400-599 lbs sold mostly 3.00-6.00 higher. Demand this week was mostly moderate to good for heavy offerings. Demand for grass cattle improved this week with more buyers actively bidding on offerings. Calves with 2 rounds of preconditioning shots continue to sell on the best demand. These calves offered strong premiums of 7.00-15.00 throughout the sale. Calf quality this week was average to attractive. Many load lots of partial load lots were seen this week making it easy for buyers to piece together loads. Market activity this week was mostly active. Weigh up cows sold on very light to moderate demand for heavy offerings. Packers continue to send most of the cow offering to feed. Some packers were looking for high quality, high yielding cows with flesh this week. This caused slaughter cows to sell on mixed demand. Slaughter cows sold unevenly steady. Feeding cows sold generally steady. Feeding buyers showed the best demand for fleshy large framed cows. The yield of slaughter cows continues to be mostly very low to low as many cows are in very light to light flesh. Many cows continue to carry wet bags. Slaughter bulls were too lightly tested to trend, however higher undertones were noticed. Demand for re-breeding cows was mostly moderate to good this sale. Too few comparable sales were seen to make an accurate market trend, however steady to higher 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 $153.00/cwt on 1,940 head.
Average price
$153.00
1,940 head · 566 lb average
Value per head Derived
$867
Price × average weight ÷ 100
Grade differential Derived
$88
per head · Medium and Large 1 over Medium and Large 1-2
$4.50/cwt at this weight
vs the market
−2.78
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1570153.368741,789
Medium and Large 1-2528148.85785151
One grade step is worth $4.50/cwt here — about $88 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 sale1,940 hd
153.00
—
MT average5 barns · 5,838 hd
155.79
−2.78
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—Low1,75064.911,13615
CowsBreaker 75-80%High1,51966.281,0077thin
CowsBoner 80-85%Average1,46752.447698thin
CowsLean 85-90%Low1,12838.9043965

Every lot

58 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 · Steers17 lots · lightest first
Steers—Medium and Large 1-2Unweaned315176.00/cwt176.00–176.005543
Steers—Medium and Large 1-2Unweaned364173.00/cwt173.00–173.006307
Steers—Medium and Large 1Unweaned374199.24/cwt197.00–201.0074516
Steers—Medium and Large 1Unweaned425177.42/cwt171.00–190.0075451
Steers—Medium and Large 1-2Unweaned442160.00/cwt160.00–160.007073
Steers—Medium and Large 1-2Unweaned456157.95/cwt147.50–160.0072042
Steers—Medium and Large 1Unweaned470168.31/cwt157.50–177.00791252
Steers—Medium and Large 1Unweaned531154.90/cwt152.00–163.00823344
Steers—Medium and Large 1-2Unweaned544144.32/cwt143.50–148.0078522
Steers—Medium and Large 1-2Unweaned572143.07/cwt139.50–145.0081850
Steers—Medium and Large 1Unweaned580149.55/cwt145.00–154.50867503
Steers—Medium and Large 1-2Unweaned613137.50/cwt137.50–137.5084315
Steers—Medium and Large 1Unweaned618147.15/cwt141.00–151.50909442
Steers—Medium and Large 1-2Unweaned659137.00/cwt137.00–137.009039
Steers—Medium and Large 1Unweaned674145.05/cwt140.00–150.00978125
Steers—Medium and Large 1Unweaned713146.23/cwt139.50–147.751,04336
Steers—Medium and Large 1Unweaned776137.84/cwt136.50–142.001,07020
Feeder Cattle · Heifers17 lots · lightest first
Heifers—Medium and Large 1-2Unweaned383153.00/cwt153.00–153.0058617
Heifers—Medium and Large 1Unweaned394157.00/cwt157.00–157.0061911
Heifers—Medium and Large 2Unweaned427122.00/cwt122.00–122.005213
Heifers—Medium and Large 1Unweaned432156.72/cwt151.00–163.5067796
Heifers—Medium and Large 1-2Unweaned449148.00/cwt148.00–148.0066526
Heifers—Medium and Large 1Unweaned473147.30/cwt142.50–154.50697124
Heifers—Medium and Large 1-2Unweaned473140.00/cwt140.00–140.006622
Heifers—Medium and Large 1Fancy513147.50/cwt147.50–147.5075719
Heifers—Medium and Large 1Unweaned527138.06/cwt132.50–144.00728470
Heifers—Medium and Large 1-2Unweaned536131.22/cwt130.00–133.0070352
Heifers—Medium and Large 1Unweaned571133.87/cwt132.00–139.75764171
Heifers—Medium and Large 1-2Unweaned575126.22/cwt124.00–130.0072611
Heifers—Medium and Large 1Unweaned617133.48/cwt128.00–136.5082492
Heifers—Medium and Large 1Unweaned685135.00/cwt135.00–135.009252
Heifers—Medium and Large 1-2822132.64/cwt130.50–133.501,09032
Heifers—Large 11,005122.75/cwt122.00–123.501,2346
Heifers—Large 11,050118.00/cwt118.00–118.001,2391
Feeder Cattle · Bulls1 lot · lightest first
Bulls—Medium and Large 1Unweaned600132.50/cwt132.50–132.507953
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,70360.28/cwt53.00–64.501,0276
Bulls——1,78168.00/cwt65.00–74.501,2119
Slaughter Cattle · Cows11 lots · lightest first
Cows—Lean 85-90%Light Weight90435.37/cwt34.50–36.003204
Cows—Lean 85-90%Light Weight1,00039.00/cwt39.00–39.003901
Cows—Lean 85-90%1,13139.23/cwt36.00–43.0044428
Cows—Lean 85-90%1,14247.38/cwt46.00–47.5054113
Cows—Lean 85-90%1,16733.35/cwt30.00–36.0038919
Cows—Boner 80-85%1,45840.00/cwt40.00–40.005832
Cows—Boner 80-85%1,46360.90/cwt59.00–63.508914
Cows—Breaker 75-80%1,48066.65/cwt66.50–67.009863
Cows—Boner 80-85%1,48547.97/cwt45.50–51.007122
Cows—Breaker 75-80%1,52569.96/cwt69.50–70.501,0672
Cows—Breaker 75-80%1,57362.05/cwt61.50–62.509762
Replacement Cattle · Stock Cows10 lots · lightest first
Stock Cows—Medium and Large 193281.49/cwt63.50–86.0075948
Stock Cows—Medium and Large 196973.38/cwt58.50–85.0071156
Stock Cows—Medium and Large 1-21,05370.00/cwt70.00–70.007372
Stock Cows—Medium and Large 1Thin Fleshed1,09549.05/cwt46.00–49.5053710
Stock Cows—Medium and Large 1Thin Fleshed1,16046.50/cwt46.50–46.505391
Stock Cows—Medium and Large 1Thin Fleshed1,17041.21/cwt34.00–45.0048252
Stock Cows—Medium and Large 1Thin Fleshed1,17941.96/cwt36.00–47.5049512
Stock Cows—Medium and Large 11,23152.66/cwt46.00–62.00648223
Stock Cows—Medium and Large 11,26459.32/cwt52.00–65.0075029
Stock Cows—Medium and Large 11,32255.33/cwt47.00–66.5073164

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.