Sale reports / Montana / Miles City Livestock Commission / 2021-01-26

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Jan 26
● Final45 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
1,505 head
▲ 442 vs last sale 1,063▼ 1,363 vs year ago 2,868 · −47.5%
Slaughter Cattle receipts
220 head
▼ 35 vs last sale 255▲ 65 vs year ago 155 · +41.9%
Replacement Cattle receipts
181 head
▼ 683 vs last sale 864▼ 345 vs year ago 526 · −65.6%
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Reporter comment USDA

As filed

Compared to last week: steer calves under 500 lbs sold steady to firm, steers 500 lbs and heavier sold steady to 5.00 higher. Heifers all sold sold 3.00-7.00 higher. Quality this week was average to very attractive. Several load lots of cattle were seen this week and these offerings sold on very good demand. Packages of calves sold on light to moderate demand. A good crowd was on hand for todays sale. Both order buyers and ranchers were actively bidding on offerings pushing all offerings higher. CME positions traded lower today as the January contract, which is near expiration, traded 0.90 lower, the March traded down 2.375 and the April traded down 1.975. Feeder cattle all traded lower as grain prices gained back some of last weeks losses. Market activity was mostly active this week. Weigh up cows sold on mostly good to very good demand for light offerings. Packers showed very good demand for slaughter cows this week as they showed need for cows for immediate harvest. The cutter cow cutout continued to push higher since last sale. The current cow cutout is 179.25, 2.14 higher than last Tuesday. Slaughter cows sold mostly 3.00-7.00 higher. Feeding cows sold mostly 3.00-5.00 higher. Cow quality was mostly plain to average this week. Slaughter bulls were too lightly tested to develop an accurate market trend, however higher undertones were noticed as slaughter and feeding buyers competed over offerings. Young age cows suitable to rebreed were too lightly tested last week to develop an accurate market trend, steady to higher undertones were noticed. A heavy offering of 3 coming 4 year old cows were seen this week.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $173.27/cwt on 911 head.
Average price
$173.27
911 head · 535 lb average
Value per head Derived
$927
Price × average weight ÷ 100
Grade differential Derived
−$129
per head · Medium and Large 1-2 over Large 1
$19.34/cwt at this weight
vs the market
+3.88
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2441176.34778100
Medium and Large 1546172.97945807
Large 1578157.009074thin
One grade step is worth $19.34/cwt here — about −$129 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 sale911 hd
173.27
—
MT average4 barns · 2,448 hd
169.39
+3.88
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—Average1,83785.301,56710
CowsBreaker 75-80%Low1,61658.879517thin
CowsBoner 80-85%Average1,33256.6375461
CowsLean 85-90%Low1,07853.47576134

Every lot

45 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 1326195.00/cwt195.00–195.006366
Steers—Medium and Large 1-2366186.60/cwt185.00–187.0068330
Steers—Medium and Large 1393191.05/cwt191.00–192.0075117
Steers—Medium and Large 1427189.70/cwt185.50–193.00810110
Steers—Medium and Large 1-2428179.75/cwt175.00–182.0076929
Steers—Medium and Large 1-2460175.95/cwt175.00–177.5080921
Steers—Medium and Large 1489184.27/cwt184.25–184.50901101
Steers—Medium and Large 1514180.19/cwt174.00–183.25926272
Steers—Medium and Large 1-2527160.28/cwt155.00–169.0084516
Steers—Medium and Large 1577162.84/cwt158.50–168.0094073
Steers—Large 1578157.00/cwt157.00–157.009074
Steers—Medium and Large 1622155.51/cwt153.50–157.5096722
Steers—Medium and Large 1-2665141.00/cwt141.00–141.009384
Steers—Medium and Large 1678152.75/cwt149.00–157.501,036202
Steers—Medium and Large 1809129.00/cwt129.00–129.001,0444
Feeder Cattle · Heifers7 lots · lightest first
Heifers—Medium and Large 1-2363157.00/cwt157.00–157.005708
Heifers—Medium and Large 1428175.09/cwt172.00–176.50749137
Heifers—Medium and Large 1-2429157.24/cwt156.50–162.0067523
Heifers—Medium and Large 1491167.49/cwt166.00–168.50822133
Heifers—Medium and Large 1508164.58/cwt164.50–165.0083637
Heifers—Medium and Large 1567148.60/cwt141.00–155.0084339
Heifers—Medium and Large 1-2830106.00/cwt106.00–106.008806
Feeder Cattle · Bulls3 lots · lightest first
Bulls—Medium and Large 1Unweaned448165.00/cwt165.00–165.0073917
Bulls—Medium and Large 1Unweaned561150.50/cwt150.50–150.5084434
Bulls—Medium and Large 1Unweaned685129.00/cwt129.00–129.0088411
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——Return to Feed1,44884.00/cwt84.00–84.001,2162
Bulls——Return to Feed1,83787.10/cwt87.00–87.501,6005
Bulls——2,09583.15/cwt82.00–84.001,7423
Slaughter Cattle · Cows12 lots · lightest first
Cows—Lean 85-90%Light Weight92753.19/cwt44.00–55.0049311
Cows—Lean 85-90%1,06155.32/cwt54.50–58.5058732
Cows—Lean 85-90%Return to Feed1,08553.27/cwt49.75–54.7557856
Cows—Lean 85-90%1,11551.37/cwt46.00–54.0057326
Cows—Lean 85-90%1,13543.93/cwt43.00–45.004992
Cows—Lean 85-90%Return to Feed1,17457.63/cwt57.50–58.506777
Cows—Boner 80-85%Return to Feed1,29956.28/cwt56.00–57.0073131
Cows—Boner 80-85%1,34958.09/cwt55.50–62.5078423
Cows—Boner 80-85%Return to Feed1,38355.24/cwt55.00–55.507642
Cows—Boner 80-85%1,43452.70/cwt50.50–55.007565
Cows—Breaker 75-80%1,59855.43/cwt53.50–57.508862
Cows—Breaker 75-80%1,62360.25/cwt59.00–61.509785
Replacement Cattle · Stock Cows2 lots · lightest first
Stock Cows—Medium and Large 1-296354.50/cwt54.50–54.505256
Stock Cows—Medium and Large 199263.72/cwt53.00–86.00632108
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 1Broken Mouth1,320750.00/cwt750.00–750.009,9004
Bred Cows—Medium and Large 11,3231,400.00/cwt1,400.00–1,400.0018,52234
Replacement Cattle · Bred Heifers1 lot · lightest first
Bred Heifers—Medium and Large 19571,174.90/cwt1,025.00–1,235.0011,24422

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.