Sale reports / Montana / Miles City Livestock Commission / 2020-03-10

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Mar 10
● Final56 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
1,384 head
▲ 536 vs last sale 848▲ 1,384 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
135 head
▲ 45 vs last sale 90▲ 135 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
215 head
▲ 100 vs last sale 115▲ 215 vs year ago 0 · no sale a year ago
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Reporter comment USDA

As filed

Compared to last sale: Steer calves were too lightly tested either this week or last week to develop an accurate market trend, however lower to sharply lower undertones were noticed. Heifer calves weighing less than 500 lbs sold mostly 8.00-10.00 lower, 500-649 lbs heifers sold mostly 2.00-5.00 lower. All other weights of heifers were too lightly tested to develop an accurate market trend, however sharply lower undertones were noticed. CME positions continue to slide lower as traders react to volatile financial markets and the potential affects of COVID-19 going forward. Grass buyers this week showed much more restraint as they bid on offerings. Quality this week was mostly average to attractive. Cattle were in mostly light to moderate flesh. Demand for feeder cattle was mostly light for light to moderate offerings. Market activity this week was slow to moderate. Weigh up cows sold on mostly light to moderate demand and offerings. Packers showed lighter demand for slaughter cows this week. Slaughter cows sold mostly 2.00-3.00 lower on all classes of cows this week. Feeding cow demand was light to moderate as packers opted to feed high quality cows and cows that were previously on feed. Demand from non packer buyers was very light this week as most buyers remained out of the market. Feeding cows were too lightly tested to develop an accurate market trend, however lower undertones were noticed. Slaughter bulls sold mostly 3.00-6.00 lower in a narrow comparison. Young age cows suitable to feed or re-breed sold sharply lower due mostly to significantly lighter demand from feeder buyers. Quality this week was plain to average.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $151.38/cwt on 787 head.
Average price
$151.38
787 head · 636 lb average
Value per head Derived
$963
Price × average weight ÷ 100
Grade differential Derived
−$184
per head · Medium 1 over Large 1
$42.00/cwt at this weight
vs the market
−5.83
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1458175.508043thin
Medium and Large 1624154.79966585
Medium and Large 1-2602149.3589994
Large 1740133.50988105
One grade step is worth $42.00/cwt here — about −$184 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 sale787 hd
151.38
—
MT average3 barns · 1,185 hd
157.21
−5.83
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—Low1,81177.891,41120
CowsBreaker 75-80%Average1,56459.7593410
CowsBoner 80-85%Low1,34152.5270417
CowsLean 85-90%Low1,17250.2458976

Every lot

56 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 · Steers15 lots · lightest first
Steers—Medium and Large 1421188.23/cwt182.00–193.5079213
Steers—Medium 1458175.50/cwt175.50–175.508043
Steers—Medium and Large 1494184.00/cwt184.00–184.0090910
Steers—Medium and Large 1523177.57/cwt171.50–180.5092962
Steers—Medium and Large 1-2534157.57/cwt156.00–159.508419
Steers—Medium and Large 1-2589151.12/cwt150.50–151.2589070
Steers—Medium and Large 1590154.65/cwt153.00–167.00912191
Steers—Medium and Large 1-2613147.22/cwt147.00–147.509027
Steers—Medium and Large 1629154.64/cwt151.00–157.0097384
Steers—Medium and Large 1671150.19/cwt145.00–151.501,008170
Steers—Medium and Large 1715137.04/cwt135.50–142.0098010
Steers—Large 1740133.50/cwt133.50–133.50988105
Steers—Medium and Large 1751131.50/cwt131.50–131.509888
Steers—Medium and Large 1-2Fleshy778126.50/cwt126.50–126.509848
Steers—Medium and Large 1Fleshy796129.00/cwt129.00–129.001,02737
Feeder Cattle · Heifers15 lots · lightest first
Heifers—Medium and Large 1412164.04/cwt162.00–171.0067613
Heifers—Medium and Large 1-2446154.86/cwt154.00–155.506917
Heifers—Medium and Large 1-2458157.00/cwt157.00–157.007196
Heifers—Medium and Large 1486162.90/cwt156.00–164.5079278
Heifers—Medium and Large 1533156.59/cwt151.50–164.00835124
Heifers—Medium and Large 1562151.74/cwt147.50–152.5085329
Heifers—Medium and Large 1-2570144.00/cwt144.00–144.008211
Heifers—Large 1580142.00/cwt142.00–142.008242
Heifers—Medium and Large 1-2611135.50/cwt135.50–135.508284
Heifers—Medium and Large 1612141.86/cwt135.00–145.0086849
Heifers—Medium and Large 1Fleshy643129.50/cwt129.50–129.508336
Heifers—Medium and Large 1Fleshy716115.00/cwt115.00–115.008238
Heifers—Medium and Large 1Fleshy760119.00/cwt119.00–119.0090428
Heifers—Medium and Large 1-2774116.50/cwt116.50–116.509029
Heifers—Medium and Large 1-2Fleshy809112.00/cwt112.00–112.009068
Feeder Cattle · Bulls6 lots · lightest first
Bulls—Medium and Large 1471163.00/cwt163.00–163.007684
Bulls—Medium and Large 1511160.00/cwt160.00–160.008184
Bulls—Medium and Large 1594150.77/cwt148.00–154.5089633
Bulls—Large 1675140.00/cwt140.00–140.009453
Bulls—Large 11,02590.00/cwt90.00–90.009233
Bulls—Large 11,11076.00/cwt76.00–76.008441
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,68479.00/cwt77.00–81.001,33011
Bulls——1,69168.21/cwt60.50–76.001,1534
Bulls——2,18783.19/cwt82.50–84.001,8195
Slaughter Cattle · Cows7 lots · lightest first
Cows—Lean 85-90%Light Weight95046.32/cwt42.50–50.504404
Cows—Lean 85-90%96541.50/cwt41.50–41.504001
Cows—Lean 85-90%1,17949.97/cwt45.50–54.0058963
Cows—Lean 85-90%1,25155.44/cwt53.50–58.006948
Cows—Boner 80-85%1,34051.38/cwt50.00–57.0068814
Cows—Boner 80-85%1,34457.83/cwt57.00–59.507773
Cows—Breaker 75-80%1,56459.75/cwt59.75–59.7593410
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 1Non-Legible BANGS1,0761,425.00/cwt1,425.00–1,425.0015,33312
Bred Cows—Medium and Large 1Thin Fleshed1,234785.00/cwt785.00–785.009,68732
Bred Cows—Medium and Large 1Broken Mouth1,268985.00/cwt985.00–985.0012,4906
Replacement Cattle · Stock Cows5 lots · lightest first
Stock Cows—Medium and Large 11,02283.86/cwt70.00–94.5085729
Stock Cows—Medium and Large 11,03969.53/cwt56.50–79.0072237
Stock Cows—Medium and Large 1Thin Fleshed1,25054.00/cwt54.00–54.006751
Stock Cows—Medium and Large 11,25756.56/cwt54.75–60.5071117
Stock Cows—Medium and Large 11,34656.57/cwt55.50–60.507618
Replacement Cattle · Bred Heifers2 lots · lightest first
Bred Heifers—Medium and Large 1Non-Legible BANGS1,0791,450.00/cwt1,450.00–1,450.0015,6465
Bred Heifers—Medium and Large 11,1121,647.66/cwt1,600.00–1,675.0018,32252

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.