Sale reports / Montana / Miles City Livestock Commission / 2020-10-20

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Oct 20
● Final79 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
2,265 head
▼ 281 vs last sale 2,546▼ 1,474 vs year ago 3,739 · −39.4%
Slaughter Cattle receipts
960 head
▲ 418 vs last sale 542▲ 610 vs year ago 350 · +174.3%
Replacement Cattle receipts
300 head
▼ 97 vs last sale 397▼ 500 vs year ago 800 · −62.5%
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Reporter comment USDA

As filed

Compared to last week: Yearling steers and heifers were too lightly tested to develop any market trend. Unweaned steer calves weighing less than 400 lbs sold Steady to firm. 400-649 lbs sold 10.00-20.00 lower. Yearling heifers were too lightly tested to develop an accurate market trend, however lower undertones were noticed. Unweaned heifer calves under 400 lbs sold fully steady; over 400 lbs sold 2.00-4.00 lower. Demand for all feeder cattle was light to moderate. Quality this week was average to attractive. Calves continue to sell out of extremely dry country and are light fleshed and lightweight as a result. CME positions sold off sharply early in the week and buyers adjusted prices to fit lower breakeven reflective of lower live cattle contracts. This coupled with higher grain prices created sharply lower prices this week. Calves preconditioned with two rounds sold with the best demand and sold with an $8.00-10.00 premium over calves with only spring vaccinations. Market activity was mostly slow to moderate today despite a large crowd and many buyers ringside. Weigh up cows sold on mostly light to moderate demand for heavy offerings. Cow quality this week was mostly average and better overall compared to last week. Many cows continue to be in very thin to thin flesh. Feeding cows sold mostly 2.00-4.00 lower on breaking flesh cows and steady to 2.00 higher on boning and lean cows. Slaughter cows sold steady to firm. Yielding conditions were slightly better this week and cows offered buyers better weigh up conditions as well. Slaughter bulls were too lightly tested to develop an accurate market trend, steady undertones were noticed. 2-3 year old cows suitable to rebreed sold mostly 5.00 lower. Quality 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 $159.65/cwt on 1,009 head.
Average price
$159.65
1,009 head · 469 lb average
Value per head Derived
$749
Price × average weight ÷ 100
Grade differential Derived
$15
per head · Medium and Large 1 over Medium and Large 1-2
$15.47/cwt at this weight
vs the market
+2.41
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1465162.22754838
Medium and Large 2404149.4260319thin
Medium and Large 1-2504146.75739152
One grade step is worth $15.47/cwt here — about $15 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 sale1,009 hd
159.65
—
MT average5 barns · 5,190 hd
157.24
+2.41
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—Average1,66872.271,20522
CowsBreaker 75-80%High1,51866.641,01217
CowsBoner 80-85%Average1,37357.0078394
CowsLean 85-90%Average1,13949.00558440

Every lot

79 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 · Steers22 lots · lightest first
Steers—Medium and Large 1-2Unweaned258190.00/cwt190.00–190.004903
Steers—Medium and Large 1Unweaned280215.00/cwt215.00–215.006022
Steers—Medium and Large 1Unweaned329206.36/cwt200.00–215.0067971
Steers—Medium and Large 1-2Unweaned330186.42/cwt175.00–192.5061512
Steers—Medium and Large 1Unweaned366192.61/cwt176.00–208.0070584
Steers—Medium and Large 1-2Unweaned372177.83/cwt174.00–182.5066218
Steers—Medium and Large 2Unweaned382154.00/cwt154.00–154.0058816
Steers—Medium and Large 1Unweaned431165.73/cwt161.00–175.00714223
Steers—Medium and Large 1-2Unweaned438155.86/cwt144.00–166.0068311
Steers—Medium and Large 1-2Unweaned475142.67/cwt141.50–145.0067835
Steers—Medium and Large 1Unweaned488147.78/cwt146.00–156.00721172
Steers—Medium and Large 1Natural518156.50/cwt156.50–156.5081176
Steers—Medium and Large 2Unweaned520125.00/cwt125.00–125.006503
Steers—Medium and Large 1Unweaned524148.33/cwt144.00–152.00777140
Steers—Medium and Large 1-2Unweaned538132.46/cwt124.00–142.0071346
Steers—Medium and Large 1Unweaned553144.19/cwt141.00–146.0079732
Steers—Medium and Large 1-2Unweaned595126.00/cwt126.00–126.007507
Steers—Medium and Large 1Unweaned607133.23/cwt132.00–134.0080931
Steers—Medium and Large 1Unweaned669128.00/cwt128.00–128.008564
Steers—Medium and Large 1-2717131.18/cwt130.00–133.5094113
Steers—Medium and Large 1-2778129.96/cwt126.00–132.001,0117
Steers—Medium and Large 1920130.00/cwt130.00–130.001,1963
Feeder Cattle · Heifers24 lots · lightest first
Heifers—Large 1-2Unweaned269127.50/cwt127.50–127.503434
Heifers—Medium and Large 1Unweaned290145.00/cwt145.00–145.0042114
Heifers—Medium and Large 1Unweaned342156.52/cwt155.00–157.0053540
Heifers—Medium and Large 1-2Unweaned343152.00/cwt152.00–152.0052117
Heifers—Medium and Large 1Unweaned376155.34/cwt153.00–157.00584103
Heifers—Medium and Large 1-2Unweaned379145.31/cwt142.00–147.0055134
Heifers—Medium and Large 1-2Unweaned413136.91/cwt135.00–140.0056517
Heifers—Medium and Large 1Unweaned425147.08/cwt144.00–151.75625145
Heifers—Medium and Large 2Unweaned435131.55/cwt130.50–132.0057210
Heifers—Large 1Unweaned455135.00/cwt135.00–135.006142
Heifers—Medium and Large 1Unweaned479141.10/cwt137.50–142.50676160
Heifers—Medium and Large 1Unweaned514135.06/cwt132.00–136.5069491
Heifers—Medium 1Unweaned525110.00/cwt110.00–110.005788
Heifers—Medium and Large 1-2Unweaned536126.07/cwt125.00–126.506767
Heifers—Medium and Large 1-2Unweaned550116.00/cwt116.00–116.006382
Heifers—Medium and Large 1Unweaned555125.92/cwt124.00–126.5069941
Heifers—Medium and Large 1-2763124.67/cwt122.00–126.0095119
Heifers—Medium and Large 1-2825122.00/cwt122.00–122.001,0071
Heifers—Medium and Large 1828129.72/cwt129.50–130.001,07425
Heifers—Medium and Large 1-2877120.50/cwt120.50–120.501,0575
Heifers—Medium and Large 1881123.64/cwt120.50–125.501,08929
Heifers—Medium and Large 1-2907117.00/cwt117.00–117.001,0613
Heifers—Medium and Large 1922120.63/cwt119.50–121.001,1128
Heifers—Large 1986112.00/cwt112.00–112.001,10411
Feeder Cattle · Bulls2 lots · lightest first
Bulls—Medium and Large 1Unweaned385181.00/cwt181.00–181.006971
Bulls—Medium and Large 1-2Unweaned417152.50/cwt152.50–152.506363
Slaughter Cattle · Bulls4 lots · lightest first
Bulls——Light Weight1,17564.76/cwt63.00–66.507612
Bulls——1,63569.53/cwt63.50–73.501,13712
Bulls——1,82583.50/cwt83.50–83.501,5241
Bulls——1,84277.52/cwt75.50–81.001,4287
Slaughter Cattle · Cows18 lots · lightest first
Cows—Lean 85-90%Light Weight91638.69/cwt31.00–43.003548
Cows—Lean 85-90%Light Weight96351.01/cwt50.00–53.004913
Cows—Lean 85-90%Light Weight96746.11/cwt44.00–49.0044631
Cows—Lean 85-90%1,10040.76/cwt34.00–44.5044823
Cows—Lean 85-90%1,11846.49/cwt44.25–49.50520139
Cows—Lean 85-90%1,17850.85/cwt48.50–55.50599138
Cows—Lean 85-90%Return to Feed1,18355.41/cwt52.00–62.0065657
Cows—Lean 85-90%Return to Feed1,19864.52/cwt64.00–65.007734
Cows—Lean 85-90%Return to Feed1,22549.56/cwt48.00–51.0060737
Cows—Boner 80-85%1,30353.76/cwt53.00–54.507002
Cows—Boner 80-85%Return to Feed1,36551.82/cwt50.50–52.0070725
Cows—Boner 80-85%Return to Feed1,37758.75/cwt52.00–62.5080948
Cows—Boner 80-85%1,37748.69/cwt48.00–50.006706
Cows—Boner 80-85%Return to Feed1,38564.82/cwt63.00–67.5089813
Cows—Breaker 75-80%Return to Feed1,47363.00/cwt63.00–63.009282
Cows—Breaker 75-80%1,49369.50/cwt69.50–69.501,0382
Cows—Breaker 75-80%Return to Feed1,52666.58/cwt64.00–69.501,01612
Cows—Breaker 75-80%Return to Feed1,56569.00/cwt69.00–69.001,0801
Replacement Cattle · Stock Cows3 lots · lightest first
Stock Cows—Medium and Large 191680.92/cwt70.00–90.0074168
Stock Cows—Medium and Large 1Thin Fleshed91666.73/cwt61.00–75.006115
Stock Cows—Medium and Large 198271.64/cwt60.00–81.5070487
Replacement Cattle · Bred Cows6 lots · lightest first
Bred Cows—Medium and Large 19431,200.00/cwt1,200.00–1,200.0011,3165
Bred Cows—Large 11,086900.00/cwt900.00–900.009,77413
Bred Cows—Medium and Large 11,112900.00/cwt900.00–900.0010,0088
Bred Cows—Large 11,246850.00/cwt850.00–850.0010,59124
Bred Cows—Large 11,286835.00/cwt835.00–835.0010,7389
Bred Cows—Medium and Large 11,363950.00/cwt950.00–950.0012,9492

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.