Sale reports / Montana / Miles City Livestock Commission / 2020-05-12

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, May 12
● Final48 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
456 head
▼ 129 vs last sale 585▲ 99 vs year ago 357 · +27.7%
Slaughter Cattle receipts
168 head
▼ 2 vs last sale 170▼ 22 vs year ago 190 · −11.6%
Replacement Cattle receipts
339 head
▲ 102 vs last sale 237▼ 769 vs year ago 1,108 · −69.4%
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Reporter comment USDA

As filed

Compared to last week: Feeder steers and heifers were too lightly tested to develop an accurate market trend, however steady to higher undertones were noticed on both steers and heifers. Quality this week was mostly average. Feeders were mostly offered in small to medium size packages, with no load lots seen this sale. Demand was moderate for light grass cattle demand improved this sale as more participants were seen. Market activity this week was moderate to active. Weigh up cows sold on mostly good demand for light to moderate offerings. Packers were aggressive as they bought cows to feed and to send to immediate harvest. Slaughter cows sold mostly 2.00-4.00 higher on all classes. Cow quality this week was mostly average to attractive and most cows offered buyers a weigh up in their favor. Green grass has emptied many cows and has yielding conditions a solid 1-2 percent higher overall compared to last week. Packers were aggressive in buying feeding cows this week as well. Packers purchased older cows for short term feed to harvest during the Memorial day holiday, as well as high quality cows to feed to premium white to meet late summer demand. Feeding cows were too lightly tested last week to develop an accurate market trend, however higher undertones were noticed. Slaughter bulls sold mostly 4.00-6.00 higher on a higher yielding offering compared to last week. Young age cows suitable to feed or re-breed sold on mostly moderate demand. These offerings sold steady to firm. Quality was average.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $131.26/cwt on 163 head.
Average price
$131.26
163 head · 629 lb average
Value per head Derived
$826
Price × average weight ÷ 100
Grade differential Derived
$138
per head · Medium and Large 1 over Medium and Large 1-2
$16.28/cwt at this weight
vs the market
+6.56
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1633133.46845141
Medium and Large 1-2604117.1870722
One grade step is worth $16.28/cwt here — about $138 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 sale163 hd
131.26
—
MT average3 barns · 570 hd
124.71
+6.56
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—Average1,66581.791,36230
CowsBreaker 75-80%Low1,55361.2295121
CowsBoner 80-85%Low1,46660.7889134
CowsLean 85-90%Very Low1,20156.3267654

Every lot

48 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 · Steers10 lots · lightest first
Steers—Medium and Large 1516176.95/cwt175.00–179.5091318
Steers—Medium and Large 1-2547152.62/cwt152.50–153.008354
Steers—Medium and Large 1587157.50/cwt157.50–157.5092523
Steers—Medium and Large 1640148.00/cwt148.00–148.0094719
Steers—Medium and Large 1-2645140.50/cwt140.50–140.5090616
Steers—Large 1656137.00/cwt137.00–137.008997
Steers—Medium and Large 1-2675139.00/cwt139.00–139.009384
Steers—Medium and Large 1682146.75/cwt146.75–146.751,00132
Steers—Medium and Large 1713140.00/cwt140.00–140.0099824
Steers—Medium and Large 1-2882115.00/cwt115.00–115.001,0143
Feeder Cattle · Heifers12 lots · lightest first
Heifers—Medium and Large 1486147.00/cwt147.00–147.007148
Heifers—Medium and Large 1500144.00/cwt144.00–144.007207
Heifers—Medium and Large 1-2525132.50/cwt132.50–132.506964
Heifers—Medium and Large 1-2567135.00/cwt135.00–135.007655
Heifers—Medium and Large 1582140.00/cwt140.00–140.0081540
Heifers—Medium and Large 1-2Fleshy594107.00/cwt107.00–107.006367
Heifers—Medium and Large 1635137.80/cwt132.50–142.0087525
Heifers—Medium and Large 1653130.60/cwt125.00–133.7585336
Heifers—Medium and Large 1-2Fleshy698104.00/cwt104.00–104.007266
Heifers—Medium and Large 1738124.00/cwt124.00–124.009152
Heifers—Medium and Large 1758116.75/cwt116.75–116.7588520
Heifers—Medium and Large 1875101.50/cwt101.50–101.508883
Feeder Cattle · Bulls1 lot · lightest first
Bulls—Large 11,34083.50/cwt83.50–83.501,1191
Slaughter Cattle · Bulls5 lots · lightest first
Bulls——Light Weight1,24071.28/cwt67.00–76.008842
Bulls——Light Weight1,26075.00/cwt75.00–75.009451
Bulls——1,57178.45/cwt74.50–81.501,23211
Bulls——1,76183.87/cwt82.00–89.001,47713
Bulls——2,01094.28/cwt90.00–98.501,8953
Slaughter Cattle · Cows10 lots · lightest first
Cows—Lean 85-90%Light Weight91047.50/cwt47.50–47.504322
Cows—Lean 85-90%1,14064.33/cwt62.50–66.007332
Cows—Lean 85-90%1,18854.93/cwt51.00–57.5065328
Cows—Lean 85-90%1,20040.00/cwt40.00–40.004801
Cows—Lean 85-90%1,25259.02/cwt57.50–61.5073921
Cows—Boner 80-85%1,40963.40/cwt62.00–65.5089316
Cows—Boner 80-85%1,45956.06/cwt54.00–57.008187
Cows—Breaker 75-80%1,54261.73/cwt59.00–63.0095219
Cows—Boner 80-85%1,55259.98/cwt59.00–61.5093111
Cows—Breaker 75-80%1,65856.37/cwt54.50–58.009352
Replacement Cattle · Cow-Calf Pairs3 lots · lightest first
Cow-Calf Pairs—Medium and Large 11,1281,800.00/cwt1,800.00–1,800.0020,30416
Cow-Calf Pairs—Medium and Large 11,2801,723.75/cwt1,650.00–1,750.0022,06434
Cow-Calf Pairs—Medium and Large 1Broken Mouth1,3191,331.59/cwt1,300.00–1,400.0017,56413
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 1Broken Mouth1,464935.00/cwt935.00–935.0013,68812
Bred Cows—Medium and Large 11,534975.00/cwt975.00–975.0014,9577
Replacement Cattle · Heifer Pairs1 lot · lightest first
Heifer Pairs—Medium and Large 11,0331,800.00/cwt1,800.00–1,800.0018,5949
Replacement Cattle · Stock Cows4 lots · lightest first
Stock Cows—Medium and Large 11,07285.49/cwt75.00–100.0091678
Stock Cows—Medium and Large 11,15667.96/cwt61.00–85.5078683
Stock Cows—Medium and Large 11,32661.94/cwt57.00–65.0082139
Stock Cows—Medium and Large 11,36058.20/cwt56.00–61.0079217

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.