Sale reports / Montana / Miles City Livestock Commission / 2020-09-29

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Sep 29
● Final55 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
1,156 head
▲ 51 vs last sale 1,105▲ 821 vs year ago 335 · +245.1%
Slaughter Cattle receipts
178 head
▼ 168 vs last sale 346▲ 95 vs year ago 83 · +114.5%
Replacement Cattle receipts
122 head
▲ 77 vs last sale 45▲ 97 vs year ago 25 · +388.0%
View

Reporter comment USDA

As filed

Compared to last week: Yearling steers were too lightly tested to develop an accurate market trend, however higher undertones were noticed. Yearling heifers sold mostly 1.00-4.00 higher. Unweaned calves were too lightly tested last sale thus no comparisons can be made. Demand for yearlings was mostly moderate to good while demand for calves was mostly moderate. Quality this week was average to very attractive on yearlings and average to attractive on calves. Most feeders were coming out of dry country and were in light flesh. Buyer attendance was mostly good this sale with many buyers in the stands. CME positions sold with triple digit gains today which help provide additional support to the market. Market activity was mostly active this week. Weigh up cows sold on mostly light to moderate demand for light to moderate offerings. Feeding buyers were less active this sale and cows sold lower as a result. Both slaughter cows and feeding cows sold steady to 2.00 lower. Slaughter bulls sold mostly 1.00-2.00 lower. feeding bull demand improved this sale with more participants seen this week. Weigh up conditions were mostly average to below average this week. Notably, cow and bull quality was not as attractive this week as last. An outstanding quality set of replacement yearling ewes were seen this sale. These ewes sold on mostly good to very good demand.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $139.48/cwt on 723 head.
Average price
$139.48
723 head · 737 lb average
Value per head Derived
$1,027
Price × average weight ÷ 100
Grade differential Derived
−$354
per head · Medium and Large 1-2 over Large 1
$16.58/cwt at this weight
vs the market
+1.71
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2656141.0892512thin
Medium and Large 1737139.971,031631
Medium 1655139.0391160
Large 11,027124.501,27920
One grade step is worth $16.58/cwt here — about −$354 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 sale723 hd
139.48
—
MT average3 barns · 1,489 hd
137.78
+1.71
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—Low1,70076.341,29866
CowsPremium White 65-75%Average1,49576.001,13620
CowsBreaker 75-80%High1,57866.261,0462thin
CowsBoner 80-85%Very Low1,45358.2884735
CowsLean 85-90%Very Low1,19652.1762455

Every lot

55 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 1Unweaned330193.50/cwt193.50–193.506398
Steers—Medium and Large 1Unweaned409184.00/cwt184.00–184.0075313
Steers—Medium and Large 1Unweaned452180.00/cwt180.00–180.0081426
Steers—Medium and Large 1-2Unweaned486168.00/cwt168.00–168.0081619
Steers—Medium and Large 1Unweaned529161.00/cwt161.00–161.008526
Steers—Medium and Large 1-2Unweaned588147.00/cwt147.00–147.008643
Steers—Medium and Large 1716152.00/cwt152.00–152.001,08813
Steers—Medium and Large 1782147.43/cwt147.00–147.501,15326
Steers—Medium and Large 1838144.00/cwt144.00–144.001,20715
Steers—Medium and Large 1887143.77/cwt142.50–144.001,27591
Steers—Medium and Large 1925138.50/cwt138.50–138.501,2812
Steers—Medium and Large 1980133.83/cwt130.50–140.001,31222
Steers—Large 11,006127.00/cwt127.00–127.001,2784
Steers—Large 1Full1,082117.00/cwt117.00–117.001,2663
Steers—Large 11,089127.25/cwt127.25–127.251,38621
Feeder Cattle · Heifers20 lots · lightest first
Heifers—Medium and Large 1-2Unweaned315157.00/cwt157.00–157.004953
Heifers—Medium and Large 1Unweaned377158.49/cwt156.75–165.0059864
Heifers—Medium and Large 1Unweaned428151.00/cwt151.00–151.0064621
Heifers—Medium and Large 1Unweaned457154.00/cwt154.00–154.0070452
Heifers—Medium and Large 1Unweaned518139.00/cwt139.00–139.007207
Heifers—Medium 1606140.48/cwt140.00–141.5085125
Heifers—Medium and Large 1689141.53/cwt140.50–142.0097545
Heifers—Medium 1690138.00/cwt138.00–138.0095235
Heifers—Medium and Large 1-2710135.00/cwt135.00–135.009592
Heifers—Medium and Large 1723140.35/cwt138.00–142.501,01559
Heifers—Medium and Large 1759138.62/cwt137.00–139.751,05223
Heifers—Medium and Large 1Natural777140.23/cwt139.00–140.501,09050
Heifers—Medium and Large 1-2786136.00/cwt136.00–136.001,0697
Heifers—Medium and Large 1822137.47/cwt134.75–139.251,130120
Heifers—Medium and Large 1868133.01/cwt130.50–134.501,15534
Heifers—Medium and Large 1Full886127.50/cwt127.50–127.501,1304
Heifers—Medium and Large 1Full905125.00/cwt125.00–125.001,1315
Heifers—Medium and Large 1922129.74/cwt129.00–130.501,19690
Heifers—Medium and Large 1968128.90/cwt127.00–130.751,24857
Heifers—Large 11,027124.50/cwt120.50–126.251,27920
Slaughter Cattle · Bulls5 lots · lightest first
Bulls——Return to Feed1,57178.59/cwt74.00–81.501,23528
Bulls——Return to Feed1,69273.97/cwt72.50–75.501,2529
Bulls——1,76570.34/cwt63.50–75.001,24212
Bulls——1,85581.63/cwt80.50–82.501,5142
Bulls——1,87477.66/cwt75.00–79.001,45515
Slaughter Cattle · Cows11 lots · lightest first
Cows—Lean 85-90%Light Weight96748.67/cwt48.50–49.004713
Cows—Lean 85-90%1,14844.14/cwt40.00–47.005076
Cows—Lean 85-90%1,17851.14/cwt48.50–54.0060226
Cows—Boner 80-85%Return to Feed1,20067.00/cwt67.00–67.008041
Cows—Lean 85-90%Return to Feed1,25057.65/cwt56.50–57.7572111
Cows—Lean 85-90%Return to Feed1,29354.99/cwt54.50–58.007119
Cows—Boner 80-85%1,39752.68/cwt51.00–55.0073611
Cows—Boner 80-85%1,48961.22/cwt58.00–64.5091222
Cows—Premium White 65-75%Return to Feed1,49576.00/cwt76.00–76.001,13620
Cows—Boner 80-85%1,53046.50/cwt46.50–46.507111
Cows—Breaker 75-80%1,57866.26/cwt66.00–66.501,0462
Replacement Cattle · Stock Cows4 lots · lightest first
Stock Cows—Medium and Large 195488.29/cwt70.00–102.0084263
Stock Cows—Medium and Large 1Thin Fleshed95679.75/cwt79.75–79.7576212
Stock Cows—Medium and Large 1Thin Fleshed1,06155.00/cwt55.00–55.005847
Stock Cows—Medium and Large 11,20365.23/cwt59.50–69.007859

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.