Sale reports / Montana / Miles City Livestock Commission / 2020-01-28

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Jan 28
● Final70 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
2,868 head
▲ 1,837 vs last sale 1,031▲ 2,868 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
155 head
▲ 10 vs last sale 145▲ 155 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
526 head
▼ 563 vs last sale 1,089▲ 526 vs year ago 0 · no sale a year ago
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Reporter comment USDA

As filed

Compared to last sale: Steer calves weighing less than 450 lbs sold steady to 5.00 lower in a narrow comparison; 450-799 lbs steers sold mostly 4.00-7.00 lower, 800-850 lbs steers sold 10.00 lower. Feeder heifers weighing less than 450 lbs were too lightly tested last week to develop an accurate market trend, however steady to weak undertones were noticed. 450-599 lbs heifers sold steady to 5.00 lower, 600-699 lbs heifers sold mostly 5.00-10.00 lower. Quality this week was mixed from plain to attractive. Several load lots of backgrounded calves were on offer this week and these offerings were met with mostly moderate demand. Demand overall was light to moderate and significantly lighter than last week. CME positions have fallen off significantly over the last couple weeks and calf prices reflected lower board positions this sale. Mild winter weather has also caused calves to flesh up over the last few weeks. Most calves were in moderate flesh this week with some backgrounded calves in moderate plus flesh. Market activity was slow to moderate. Weigh up cows sold on mostly moderate demand and offerings. Packers continue to show good demand for cows to both feed and slaughter. Slaughter cows sold generally steady to weak. Feeding cows sold steady to 2.00 higher. Cow quality this week was mostly average to attractive. Many feeding buyers were on hand this week bidding on cows which helped create an active market. Slaughter bulls sold generally steady in a narrow comparison. Young age cows suitable to re-breed sold 2.00-5.00 lower on lighter demand from all buyers and fewer market participants this week.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $166.91/cwt on 1,292 head.
Average price
$166.91
1,292 head · 572 lb average
Value per head Derived
$954
Price × average weight ÷ 100
Grade differential Derived
$168
per head · Medium and Large 1 over Medium 1
$2.09/cwt at this weight
vs the market
+0.39
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1583167.099751,093
Medium and Large 1-2509165.93845191
Medium 1489165.008078thin
One grade step is worth $2.09/cwt here — about $168 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 sale1,292 hd
166.91
—
MT average4 barns · 2,423 hd
166.52
+0.39
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—High1,68876.471,29120
CowsBreaker 75-80%Average1,63864.491,05712
CowsBoner 80-85%Average1,47756.9284118
CowsLean 85-90%Low1,15252.8560981

Every lot

70 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 1318221.20/cwt212.50–225.007037
Steers—Medium and Large 1-2320186.00/cwt186.00–186.0059512
Steers—Medium and Large 1367217.93/cwt205.00–224.0080042
Steers—Medium and Large 1-2373199.00/cwt199.00–199.007423
Steers—Medium and Large 1430187.86/cwt184.50–202.5080866
Steers—Medium and Large 1-2431184.00/cwt184.00–184.0079335
Steers—Medium and Large 1NHTC437197.50/cwt197.50–197.5086325
Steers—Medium and Large 1-2452171.00/cwt171.00–171.007739
Steers—Medium and Large 1469187.22/cwt187.00–187.5087835
Steers—Medium and Large 1Natural485192.50/cwt192.50–192.5093412
Steers—Medium 1489165.00/cwt165.00–165.008078
Steers—Medium and Large 1Natural521181.50/cwt181.50–181.50946121
Steers—Medium and Large 1NHTC538177.50/cwt177.50–177.5095568
Steers—Medium and Large 1539171.82/cwt167.50–176.0092671
Steers—Medium and Large 1-2539162.45/cwt162.00–162.7587685
Steers—Medium and Large 1-2560155.89/cwt143.00–159.0087337
Steers—Medium and Large 1576165.27/cwt157.50–172.00952165
Steers—Medium and Large 1626158.53/cwt153.00–161.75992267
Steers—Medium and Large 1-2643134.71/cwt130.00–144.008666
Steers—Medium and Large 1679143.27/cwt142.00–147.00973118
Steers—Medium and Large 1-2683125.00/cwt125.00–125.008544
Steers—Medium and Large 1733144.42/cwt143.00–145.001,05917
Steers—Medium and Large 1774141.00/cwt141.00–141.001,0915
Steers—Medium and Large 1835132.98/cwt128.00–138.501,11074
Feeder Cattle · Heifers27 lots · lightest first
Heifers—Medium and Large 1-2242176.00/cwt176.00–176.004263
Heifers—Medium and Large 1316173.00/cwt173.00–173.0054710
Heifers—Medium and Large 1391166.26/cwt162.00–173.00650122
Heifers—Medium and Large 1-2398157.50/cwt157.50–157.5062711
Heifers—Medium and Large 1413164.10/cwt163.00–165.0067820
Heifers—Medium and Large 1-2443156.09/cwt155.00–156.5069118
Heifers—Medium and Large 1-2454153.60/cwt152.00–154.0069715
Heifers—Medium and Large 1472158.12/cwt158.00–160.0074696
Heifers—Medium and Large 2478144.00/cwt144.00–144.006885
Heifers—Medium and Large 1NHTC503159.50/cwt159.50–159.5080281
Heifers—Medium and Large 1521155.20/cwt150.00–161.0080969
Heifers—Medium and Large 1-2540148.72/cwt148.50–149.008039
Heifers—Medium and Large 1Fancy556159.70/cwt159.00–161.5088850
Heifers—Medium and Large 1561153.01/cwt147.00–155.00858267
Heifers—Medium and Large 1Fleshy577136.00/cwt136.00–136.007859
Heifers—Medium and Large 1Replacement588156.50/cwt156.50–156.5092096
Heifers—Medium and Large 1-2595134.00/cwt134.00–134.0079715
Heifers—Medium and Large 1-2631130.18/cwt130.00–132.0082111
Heifers—Medium and Large 1633134.45/cwt130.00–138.00851142
Heifers—Large 1634131.37/cwt130.00–133.508335
Heifers—Medium and Large 1654130.21/cwt130.00–130.5085214
Heifers—Medium and Large 1Replacement685137.86/cwt135.00–138.2594490
Heifers—Medium and Large 1Fleshy689126.72/cwt126.50–128.0087320
Heifers—Medium and Large 1788132.50/cwt132.50–132.501,0445
Heifers—Medium and Large 1828131.75/cwt131.75–131.751,09124
Heifers—Medium and Large 1975129.49/cwt129.00–130.001,2632
Heifers—Large 11,026125.08/cwt123.00–125.501,2836
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,59572.03/cwt67.00–76.001,14910
Bulls——1,74279.69/cwt77.00–81.501,3888
Bulls——1,93385.80/cwt84.50–87.001,6592
Slaughter Cattle · Cows11 lots · lightest first
Cows—Lean 85-90%Light Weight94556.72/cwt56.00–57.505362
Cows—Lean 85-90%Light Weight98953.09/cwt50.00–55.005255
Cows—Lean 85-90%1,14530.00/cwt30.00–30.003441
Cows—Lean 85-90%1,15149.95/cwt42.00–53.5057537
Cows—Lean 85-90%1,17355.22/cwt54.00–56.5064826
Cows—Lean 85-90%1,22558.82/cwt58.75–59.0072110
Cows—Boner 80-85%1,41462.80/cwt61.00–64.508884
Cows—Boner 80-85%1,46648.92/cwt44.50–53.007175
Cows—Boner 80-85%1,51258.76/cwt57.00–59.508889
Cows—Breaker 75-80%1,62064.13/cwt63.50–65.501,03911
Cows—Breaker 75-80%1,84068.50/cwt68.50–68.501,2601
Replacement Cattle · Stock Cows5 lots · lightest first
Stock Cows—Medium and Large 11,04670.99/cwt63.00–89.00743147
Stock Cows—Medium and Large 1Thin Fleshed1,19652.60/cwt51.50–55.0062932
Stock Cows—Medium and Large 1Thin Fleshed1,30853.34/cwt45.50–54.0069813
Stock Cows—Medium and Large 11,34360.76/cwt53.00–64.00816104
Stock Cows—Medium and Large 11,38163.19/cwt54.75–67.50873189

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.