Sale reports / Montana / Miles City Livestock Commission / 2020-11-24

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Nov 24
● Final68 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
1,479 head
▼ 4,353 vs last sale 5,832▼ 862 vs year ago 2,341 · −36.8%
Slaughter Cattle receipts
675 head
▼ 989 vs last sale 1,664▲ 524 vs year ago 151 · +347.0%
Replacement Cattle receipts
388 head
▲ 78 vs last sale 310▼ 400 vs year ago 788 · −50.8%
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Reporter comment USDA

As filed

Compared to last week: Yearling steers were too lightly tested to develop any market trend. Unweaned steer calves under 450 lbs were too lightly tested to develop an accurate market trend, lower undertones were noticed; 450-549 lbs steers sold steady to 5.00 lower; unweaned steers 550 lbs and heavier were too lightly tested to develop an accurate market trend, lower undertones were noticed. Yearling heifers sold mostly 3.00-5.00 lower in a narrow comparison. Yearling heifer quality was average to attractive. Unweaned heifers under 450 lbs sold sharply lower, with most sales 10.00-20.00 lower; 450-549 lbs unweaned heifers sold 4.00-10.00 lower; heifers over 550 lbs were too lightly tested to develop an accurate market trend, lower undertones were noticed. Demand was mostly light this week for light offerings. With this being a holiday week many buyers showed little interest in starting loads, especially with light supplies and the uncertainty of being able to fill out loads. Demand for heifers was especially light. Quality was mostly plain to average this week and much lower compared to last weeks attractive offering. Market activity was mostly slow. Weigh up cows sold on light to moderate demand for moderate to heavy offerings. Packer buyers showed lighter demand for all cows this week. Feeding cow buyers were slightly more active this week as many bid on thin cows or cows that could potentially be bred. With lighter demand seen from packers cow prices all slid lower. Slaughter cows and feeding cows both sold 1.00-2.00 lower. Demand did improve slightly as the sale progress and buyers all tried to fill loads. Slaughter bulls sold steady to firm as packers and feeding buyers both competed over offerings. Young age cows suitable to feed or rebreed sold 5.00-7.00 higher. Demand for these offerings was mostly good with several buyers in the market this week looking for this class of cow. Quality was mostly average to attractive and better overall compared to last week.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $140.26/cwt on 754 head.
Average price
$140.26
754 head · 537 lb average
Value per head Derived
$753
Price × average weight ÷ 100
Grade differential Derived
−$53
per head · Medium and Large 1 over Medium 1-2
$13.88/cwt at this weight
vs the market
−0.92
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1521142.69743572
Medium and Large 1-2425140.1459535
Large 1633132.2183788
Medium 1-2618128.8179659
One grade step is worth $13.88/cwt here — about −$53 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 sale754 hd
140.26
—
MT average5 barns · 4,094 hd
141.19
−0.92
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—Low1,85176.901,42421
CowsBreaker 75-80%Average1,53960.059248thin
CowsBoner 80-85%Low1,35652.45711118
CowsLean 85-90%Low1,14744.67512269

Every lot

68 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 · Steers16 lots · lightest first
Steers—Medium and Large 1Unweaned369191.00/cwt191.00–191.0070517
Steers—Medium and Large 1-2Unweaned430172.00/cwt172.00–172.0074021
Steers—Medium and Large 1Unweaned438180.43/cwt175.00–183.0079034
Steers—Large 1Unweaned444183.50/cwt183.50–183.5081519
Steers—Medium and Large 2448159.00/cwt159.00–159.0071216
Steers—Medium and Large 1453189.00/cwt189.00–189.0085640
Steers—Medium and Large 1Unweaned473175.74/cwt170.00–179.0083168
Steers—Medium and Large 1524166.75/cwt165.00–167.0087415
Steers—Medium and Large 1Unweaned527162.03/cwt153.00–166.50854140
Steers—Large 1Unweaned533165.75/cwt165.75–165.7588331
Steers—Medium and Large 1564158.00/cwt158.00–158.008917
Steers—Medium and Large 1Unweaned574149.00/cwt148.00–151.0085551
Steers—Medium and Large 1615150.00/cwt150.00–150.0092323
Steers—Medium and Large 1Unweaned632134.00/cwt134.00–134.008473
Steers—Medium and Large 1Unweaned685134.23/cwt134.00–135.0091917
Steers—Medium and Large 1-2850128.00/cwt128.00–128.001,0885
Feeder Cattle · Heifers23 lots · lightest first
Heifers—Medium and Large 1-2Unweaned364147.50/cwt147.50–147.5053722
Heifers—Medium and Large 1Unweaned365151.78/cwt150.25–155.7555481
Heifers—Large 1Unweaned407140.78/cwt137.00–148.0057315
Heifers—Medium and Large 1Unweaned412149.24/cwt147.00–154.50615116
Heifers—Medium and Large 1-2Unweaned469140.00/cwt140.00–140.006574
Heifers—Large 1Unweaned474136.52/cwt134.50–138.0064746
Heifers—Medium and Large 1Unweaned479147.57/cwt144.00–151.50707199
Heifers—Medium and Large 1Unweaned518140.64/cwt137.00–144.0072935
Heifers—Medium and Large 1-2Unweaned547128.00/cwt128.00–128.007005
Heifers—Medium and Large 1Unweaned559135.00/cwt135.00–135.0075517
Heifers—Medium and Large 1-2Unweaned560115.00/cwt115.00–115.006444
Heifers—Medium 1-2582130.00/cwt130.00–130.0075724
Heifers—Medium and Large 1Full590117.50/cwt117.50–117.506934
Heifers—Medium and Large 1Unweaned633118.00/cwt118.00–118.0074713
Heifers—Medium 1-2643128.00/cwt128.00–128.0082335
Heifers—Medium and Large 1646123.00/cwt123.00–123.007955
Heifers—Medium and Large 1Unweaned656122.00/cwt122.00–122.008008
Heifers—Medium and Large 1759126.93/cwt126.00–127.5096321
Heifers—Medium and Large 1812125.46/cwt125.00–126.001,01931
Heifers—Medium and Large 1873127.68/cwt124.00–128.751,11528
Heifers—Medium and Large 1927121.72/cwt121.00–122.001,12814
Heifers—Large 11,026120.75/cwt120.75–120.751,23924
Heifers—Large 11,053115.00/cwt115.00–115.001,2113
Feeder Cattle · Bulls5 lots · lightest first
Bulls—Medium and Large 1Unweaned295205.00/cwt205.00–205.006053
Bulls—Medium and Large 1Unweaned368182.50/cwt182.50–182.506722
Bulls—Medium and Large 1-2Unweaned446146.00/cwt146.00–146.006515
Bulls—Medium and Large 1Unweaned480156.00/cwt156.00–156.007497
Bulls—Medium and Large 1Unweaned568149.00/cwt149.00–149.008463
Slaughter Cattle · Bulls4 lots · lightest first
Bulls——1,61667.34/cwt62.00–74.501,0884
Bulls——1,87578.33/cwt77.00–81.001,4694
Bulls——Return to Feed1,90780.82/cwt75.50–83.501,54111
Bulls——Return to Feed1,97071.61/cwt68.50–74.501,4112
Slaughter Cattle · Cows14 lots · lightest first
Cows—Lean 85-90%Light Weight86035.43/cwt31.00–42.003053
Cows—Lean 85-90%Light Weight93442.47/cwt41.00–43.003975
Cows—Lean 85-90%Return to Feed1,05539.50/cwt39.50–39.504173
Cows—Lean 85-90%1,09047.50/cwt47.50–47.505181
Cows—Lean 85-90%1,11537.22/cwt31.00–41.5041521
Cows—Lean 85-90%1,12543.17/cwt38.00–46.0048695
Cows—Lean 85-90%Return to Feed1,18150.16/cwt47.50–55.0059267
Cows—Lean 85-90%Return to Feed1,18444.43/cwt40.00–47.0052674
Cows—Boner 80-85%Return to Feed1,31446.86/cwt45.00–48.5061621
Cows—Boner 80-85%1,36048.00/cwt48.00–48.006531
Cows—Boner 80-85%1,36146.21/cwt40.00–47.506298
Cows—Boner 80-85%Return to Feed1,36654.40/cwt50.00–59.0074388
Cows—Breaker 75-80%Return to Feed1,51062.79/cwt62.00–64.009483
Cows—Breaker 75-80%Return to Feed1,55758.40/cwt56.00–59.009095
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 11,1321,135.00/cwt1,135.00–1,135.0012,8485
Bred Cows—Medium and Large 1Broken Mouth1,227666.40/cwt660.00–675.008,17712
Bred Cows—Medium and Large 11,229875.00/cwt875.00–875.0010,7546
Replacement Cattle · Stock Cows3 lots · lightest first
Stock Cows—Medium and Large 189594.06/cwt65.00–102.50842142
Stock Cows—Medium and Large 11,10465.42/cwt55.00–89.0072265
Stock Cows—Medium and Large 1Thin Fleshed1,12751.73/cwt50.00–54.0058314

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.