Sale reports / Montana / Miles City Livestock Commission / 2021-04-20

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Apr 20
● Final69 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
1,551 head
▲ 557 vs last sale 994▲ 17 vs year ago 1,534 · +1.1%
Slaughter Cattle receipts
170 head
▲ 16 vs last sale 154▲ 60 vs year ago 110 · +54.5%
Replacement Cattle receipts
227 head
▲ 99 vs last sale 128▲ 52 vs year ago 175 · +29.7%
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Reporter comment USDA

As filed

Compared to last week: Steers were all too lightly tested last week to develop an accurate market trend, however lower undertones were noticed. Heifers under 500 lbs were too lightly tested to develop an accurate market trend, however higher undertones were noticed. Heifers weighing over 500 lbs sold mostly steady to 4.00 higher. Quality today was average to attractive and better overall than last week. Feeder cattle were offered in mostly moderate size packages this week, with one load lot of steers on offer. A heavy offering of cutting bulls were on offer today as several load lots were on offer. Bulls sold on good to very good demand as quality was mostly attractive. CME positions traded mostly higher today. The April contract closed at 137.575, 0.15 lower while the May contract closed 0.30 higher at 142.775. The deferred contracts August through the end of 2021 closed 1.25 to 1.75 higher. Market activity was mostly moderate to active. Weigh up cows sold on mostly moderate demand for light offerings. Slaughter cows sold steady to 2.00 lower. Feeding cows sold fully steady. Feeding buyers were less aggressive on older, thinner cows this week which allowed packers to buy slaughter cows steady to lower. High quality feeding cows continue to sell on good demand as both packer and feeding cow buyers bid aggressively over light offerings. Slaughter bulls were too lightly tested to develop an accurate market trend, however lower undertones were noticed. Young age cows suitable to feed or rebreed sold generally steady. Very good demand was seen for a high quality reputation offering of 3 year old cows this week. Quality overall was average.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $152.88/cwt on 703 head.
Average price
$152.88
703 head · 619 lb average
Value per head Derived
$946
Price × average weight ÷ 100
Grade differential Derived
$60
per head · Medium and Large 1 over Medium and Large 1-2
$13.35/cwt at this weight
vs the market
+4.51
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1617153.85950652
Medium and Large 1-2634140.5089051
One grade step is worth $13.35/cwt here — about $60 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 sale703 hd
152.88
—
MT average3 barns · 4,159 hd
148.37
+4.51
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—Low1,77586.231,53115
CowsBreaker 75-80%Low1,53070.081,0729thin
CowsBoner 80-85%Average1,40667.4094746
CowsLean 85-90%Average1,16463.3773778

Every lot

69 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 · Steers17 lots · lightest first
Steers—Medium 1-2405183.00/cwt183.00–183.007414
Steers—Medium 1428185.00/cwt185.00–185.007924
Steers—Medium and Large 1-2435183.00/cwt183.00–183.007963
Steers—Medium and Large 1-2484181.00/cwt181.00–181.008764
Steers—Medium 1-2490175.00/cwt175.00–175.0085810
Steers—Medium and Large 1-2510173.62/cwt171.00–174.0088543
Steers—Medium 1554171.00/cwt171.00–171.0094710
Steers—Medium and Large 1564182.54/cwt175.00–186.251,030152
Steers—Medium and Large 1-2579171.35/cwt170.00–173.0099219
Steers—Medium and Large 1618169.87/cwt162.00–172.001,05064
Steers—Medium and Large 1-2643156.00/cwt156.00–156.001,00311
Steers—Medium and Large 1-2661152.89/cwt149.50–154.001,01117
Steers—Medium and Large 1670159.09/cwt158.00–160.001,06613
Steers—Medium and Large 1733144.00/cwt144.00–144.001,0565
Steers—Large 1765136.00/cwt136.00–136.001,0403
Steers—Medium and Large 1825134.00/cwt134.00–134.001,10626
Steers—Medium and Large 1946121.00/cwt121.00–121.001,14520
Feeder Cattle · Heifers19 lots · lightest first
Heifers—Medium and Large 1-2332170.00/cwt170.00–170.005643
Heifers—Medium and Large 1424177.13/cwt171.00–179.5075111
Heifers—Medium and Large 1-2445165.00/cwt165.00–165.007344
Heifers—Medium and Large 1452172.00/cwt172.00–172.007773
Heifers—Medium and Large 1-2479158.00/cwt158.00–158.007574
Heifers—Medium and Large 1530165.51/cwt160.50–170.50877112
Heifers—Medium and Large 1570160.91/cwt158.00–163.5091782
Heifers—Medium and Large 1-2571149.06/cwt140.50–155.5085110
Heifers—Medium and Large 1-2614136.00/cwt136.00–136.008354
Heifers—Medium and Large 1622154.51/cwt145.00–159.00961280
Heifers—Medium and Large 1-2664135.00/cwt135.00–135.008967
Heifers—Medium and Large 1Replacement669141.50/cwt141.50–141.5094711
Heifers—Medium and Large 1686141.93/cwt140.00–143.0097459
Heifers—Medium and Large 1705140.24/cwt138.50–143.5098961
Heifers—Medium and Large 1-2723131.00/cwt131.00–131.009472
Heifers—Medium and Large 1Replacement760135.50/cwt135.50–135.501,03014
Heifers—Medium and Large 1765133.00/cwt133.00–133.001,01715
Heifers—Medium and Large 1-2786124.82/cwt124.00–125.0098117
Heifers—Medium and Large 1841118.50/cwt118.50–118.509974
Feeder Cattle · Bulls9 lots · lightest first
Bulls—Medium and Large 1-275150.00/cwt150.00–150.001131
Bulls—Large 1725129.00/cwt129.00–129.0093513
Bulls—Medium and Large 1-2725128.00/cwt128.00–128.009288
Bulls—Medium and Large 1735133.00/cwt133.00–133.0097810
Bulls—Medium and Large 1784132.00/cwt132.00–132.001,03586
Bulls—Medium and Large 1-2821126.00/cwt126.00–126.001,03410
Bulls—Large 1839126.50/cwt126.50–126.501,0617
Bulls—Medium and Large 1867130.60/cwt129.75–131.501,132105
Bulls—Large 11,17291.00/cwt91.00–91.001,0673
Slaughter Cattle · Bulls4 lots · lightest first
Bulls——1,44779.05/cwt73.00–82.001,1443
Bulls——1,65785.79/cwt83.00–88.501,4227
Bulls——2,09993.58/cwt93.00–95.001,9644
Bulls——2,29081.50/cwt81.50–81.501,8661
Slaughter Cattle · Cows15 lots · lightest first
Cows—Lean 85-90%Return to Feed1,10070.00/cwt70.00–70.007701
Cows—Lean 85-90%1,10552.96/cwt52.00–54.005852
Cows—Lean 85-90%Return to Feed1,13067.59/cwt67.00–69.5076411
Cows—Lean 85-90%Return to Feed1,13165.53/cwt60.00–66.5074130
Cows—Lean 85-90%1,19667.00/cwt66.00–67.508017
Cows—Lean 85-90%1,21258.83/cwt52.00–65.0071327
Cows—Boner 80-85%Return to Feed1,35769.01/cwt67.00–70.5093616
Cows—Boner 80-85%Return to Feed1,40271.17/cwt71.00–71.509986
Cows—Boner 80-85%1,41467.61/cwt67.50–68.509568
Cows—Boner 80-85%Return to Feed1,41765.80/cwt65.50–66.509325
Cows—Boner 80-85%1,46362.64/cwt58.00–65.0091610
Cows—Breaker 75-80%Return to Feed1,48870.50/cwt70.50–70.501,0493
Cows—Boner 80-85%1,50573.00/cwt73.00–73.001,0991
Cows—Breaker 75-80%1,51467.51/cwt67.00–68.001,0222
Cows—Breaker 75-80%1,57071.05/cwt70.00–72.501,1154
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 11,3451,100.00/cwt1,100.00–1,100.0014,7954
Replacement Cattle · Stock Cows4 lots · lightest first
Stock Cows—Medium and Large 1Thin Fleshed718105.00/cwt105.00–105.007544
Stock Cows—Medium and Large 1-276582.50/cwt82.50–82.506311
Stock Cows—Medium and Large 193895.65/cwt82.00–108.0089799
Stock Cows—Medium and Large 11,09081.63/cwt67.00–102.5089065

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.