Sale reports / Montana / Miles City Livestock Commission / 2020-09-01

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Sep 1
● Final49 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
1,044 head
▲ 602 vs last sale 442▲ 1,044 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
223 head
▲ 58 vs last sale 165▲ 223 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
40 head
▼ 73 vs last sale 113▲ 40 vs year ago 0 · no sale a year ago
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Reporter comment USDA

As filed

Compared to last week: Today was the annual Trail-head yearling special. Feeder steers were too lightly tested last week to develop an accurate market trend, however higher undertones were noticed on steers under 850 lbs and weak undertones were noticed on steers over 850 lbs. Yearling heifers under 850 lbs sold mostly 5.00-7.00 lower in a narrow comparison, heifers 850-950 lbs sold weak, heifers over 950 lbs were too lightly tested last week to develop an accurate market trend, however higher undertones were noticed. Quality this week was average to attractive. Offerings were mostly offered in small to moderate size packages, with one full load of steers seen this week. Demand was mostly light to moderate for all yearlings on offer. Weigh up conditions were mostly below average again this week as many cattle were pushing fill. The stands were full of buyers this week, however buyer participation was lighter this week. Market activity was mostly moderate. Weigh up cows sold on mostly light to moderate demand for light offerings. Slaughter cows sold unevenly steady this week. Packer buyers tried to buy cows lower, however limited offerings pushed prices higher by the end of the sale as buyers tried to fill loads. Slaughter bulls sold steady to weak. Feeding buyers continue to show moderate to good demand for bulls as they buyer bulls away from packers. Weigh up conditions were mostly below average this week as many were very full. Feeding cows were too lightly tested to develop an accurate market trend, however steady to weak 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 $139.94/cwt on 475 head.
Average price
$139.94
475 head · 832 lb average
Value per head Derived
$1,165
Price × average weight ÷ 100
Grade differential Derived
$137
per head · Medium 1 over Medium 2
$47.50/cwt at this weight
vs the market
+1.58
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1631152.5096212thin
Medium and Large 1815142.221,158411
Medium and Large 1-2839131.691,10513thin
Large 1-21,004124.501,2506thin
Large 11,136114.241,29829
Medium 2786105.008254thin
One grade step is worth $47.50/cwt here — about $137 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 sale475 hd
139.94
—
MT average2 barns · 1,140 hd
138.36
+1.58
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—Average1,81382.951,50453
CowsBreaker 75-80%Average1,54863.6998624
CowsLean 85-90%Average1,17356.7266549
CowsBoner 80-85%High1,38255.7477031

Every lot

49 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 · Steers13 lots · lightest first
Steers—Medium 1631152.50/cwt152.50–152.5096212
Steers—Medium and Large 1681152.91/cwt150.00–153.501,04126
Steers—Medium and Large 1733150.33/cwt145.00–151.001,102111
Steers—Medium and Large 1779144.13/cwt142.50–146.501,12376
Steers—Medium 2786105.00/cwt105.00–105.008254
Steers—Medium and Large 1814142.35/cwt138.25–143.751,15956
Steers—Medium and Large 1-2839131.69/cwt130.50–133.001,10513
Steers—Medium and Large 1896134.68/cwt133.25–136.501,20766
Steers—Medium and Large 1938132.46/cwt131.25–133.251,24257
Steers—Medium and Large 1964127.60/cwt127.25–128.001,23019
Steers—Large 1-21,004124.50/cwt124.50–124.501,2506
Steers—Large 11,032121.18/cwt121.00–121.501,25111
Steers—Large 1Fleshy1,200110.00/cwt110.00–110.001,32018
Feeder Cattle · Heifers15 lots · lightest first
Heifers—Medium and Large 1-2Unweaned426139.00/cwt139.00–139.005925
Heifers—Medium 1606131.50/cwt131.50–131.507974
Heifers—Medium and Large 1660136.31/cwt135.00–138.5090042
Heifers—Medium and Large 1712136.50/cwt136.50–136.5097230
Heifers—Medium and Large 1-2738130.75/cwt130.25–131.5096515
Heifers—Medium and Large 1767131.30/cwt130.00–133.501,00731
Heifers—Medium and Large 1810128.74/cwt128.00–129.501,04314
Heifers—Medium and Large 1866127.35/cwt126.00–129.001,10382
Heifers—Medium and Large 1-2886125.00/cwt125.00–125.001,1086
Heifers—Medium and Large 1920125.40/cwt124.00–127.501,15489
Heifers—Medium and Large 1958124.41/cwt121.00–126.001,19247
Heifers—Large 1Fleshy1,003112.00/cwt112.00–112.001,1234
Heifers—Large 11,018120.81/cwt117.50–122.251,23028
Heifers—Large 11,111108.00/cwt108.00–108.001,2005
Heifers—Large 1Fleshy1,177105.72/cwt97.00–106.251,24434
Feeder Cattle · Bulls3 lots · lightest first
Bulls—Medium and Large 1-2Unweaned425152.50/cwt152.50–152.506487
Bulls—Large 11,04598.00/cwt98.00–98.001,0241
Bulls—Large 11,08394.00/cwt94.00–94.001,0183
Slaughter Cattle · Bulls5 lots · lightest first
Bulls——Light Weight1,24584.00/cwt84.00–84.001,0461
Bulls——Light Weight1,29373.67/cwt72.00–75.009533
Bulls——1,79475.50/cwt72.00–81.001,3548
Bulls——1,86384.96/cwt81.50–87.501,58340
Bulls——2,11089.00/cwt89.00–89.001,8781
Slaughter Cattle · Cows8 lots · lightest first
Cows—Lean 85-90%1,16455.81/cwt51.50–60.5065042
Cows—Lean 85-90%1,22762.20/cwt61.00–63.007637
Cows—Boner 80-85%1,34762.82/cwt62.50–63.508463
Cows—Boner 80-85%1,38254.55/cwt50.25–60.5075427
Cows—Breaker 75-80%1,47458.36/cwt58.00–59.008603
Cows—Boner 80-85%1,48566.50/cwt66.50–66.509881
Cows—Breaker 75-80%1,55163.25/cwt63.25–63.2598117
Cows—Breaker 75-80%1,59369.56/cwt68.25–71.501,1084
Replacement Cattle · Stock Cows5 lots · lightest first
Stock Cows—Medium and Large 1Thin Fleshed90077.00/cwt77.00–77.006931
Stock Cows—Medium and Large 1Thin Fleshed1,11056.50/cwt56.50–56.506271
Stock Cows—Medium and Large 11,20873.66/cwt73.50–74.008903
Stock Cows—Medium and Large 11,25367.30/cwt63.00–70.008439
Stock Cows—Medium and Large 11,44461.62/cwt57.50–65.0089017

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.