Sale reports / Montana / Miles City Livestock Commission / 2021-05-04

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, May 4
● Final59 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
769 head
▲ 91 vs last sale 678▲ 184 vs year ago 585 · +31.5%
Slaughter Cattle receipts
401 head
▲ 130 vs last sale 271▲ 231 vs year ago 170 · +135.9%
Replacement Cattle receipts
282 head
▼ 106 vs last sale 388▲ 45 vs year ago 237 · +19.0%
View

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 600-799 lbs sold mostly 7.00-10.00 lower. Steer quality was plain to average, while Heifer quality was average to very attractive. Drought conditions around the region continue to drive replacement quality heifers to sell. Notably, all replacement heifers sold today were purchased to feed. Demand for feeder cattle was mostly light to moderate on light to moderate offerings. CME feeder positions continue to fall as feed costs continue to rise. This, coupled with drought conditions has drastically lightened demand for feeder cattle. Market activity was mostly slow to moderate today. Weigh up cows sold on light to moderate demand for moderate offerings. Drought conditions are starting to drive cows to market and packers are seeing seasonally high numbers of cows being marketed. As a result cow prices have started to slide. Slaughter cows sold mostly 2.00-4.00 lower. Feeding cows sold steady to 1.00 lower. Packer buyers continue to buy young high quality cows to put away on feed. However, as feed cost have risen order buyers showed lighter demand for cows to feed. Slaughter bulls sold weak. Young age cows suitable to feed or rebreed sold mostly 5.00-8.00 lower. High feed cost have lightened demand for these offerings.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $134.03/cwt on 543 head.
Average price
$134.03
543 head · 670 lb average
Value per head Derived
$898
Price × average weight ÷ 100
Grade differential Derived
−$261
per head · Medium 1-2 over Medium and Large 1
$13.77/cwt at this weight
vs the market
−6.87
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1-2458146.3567117thin
Medium and Large 1-2573140.5680661
Medium 2455135.4561719thin
Medium and Large 2473135.006396thin
Medium and Large 1703132.58932440
One grade step is worth $13.77/cwt here — about −$261 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 sale543 hd
134.03
—
MT average3 barns · 2,087 hd
140.90
−6.87
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—Low1,65484.801,40347
CowsBoner 80-85%High1,43965.27939134
CowsBreaker 75-80%Low1,61464.571,04210
CowsLean 85-90%High1,14161.75705174

Every lot

59 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 · Steers5 lots · lightest first
Steers—Medium 1-2429155.00/cwt155.00–155.006654
Steers—Medium and Large 1-2481161.00/cwt161.00–161.007747
Steers—Medium and Large 1-2523151.00/cwt151.00–151.0079015
Steers—Medium and Large 1563160.50/cwt160.50–160.509048
Steers—Medium and Large 1673150.50/cwt150.50–150.501,0133
Feeder Cattle · Heifers19 lots · lightest first
Heifers—Medium 2438143.00/cwt143.00–143.0062612
Heifers—Medium 1-2449145.54/cwt145.00–146.0065313
Heifers—Medium and Large 2473135.00/cwt135.00–135.006396
Heifers—Medium and Large 1-2474145.00/cwt145.00–145.006874
Heifers—Medium 2485122.50/cwt122.50–122.505947
Heifers—Medium 1-2489149.00/cwt149.00–149.007294
Heifers—Medium and Large 1519151.35/cwt151.00–152.0078632
Heifers—Medium and Large 1-2520146.10/cwt145.00–148.0076018
Heifers—Medium and Large 1584148.83/cwt146.50–156.0086943
Heifers—Medium and Large 1-2586139.46/cwt139.00–139.5081725
Heifers—Medium and Large 1617144.92/cwt141.00–146.7589424
Heifers—Medium and Large 1-2639135.00/cwt135.00–135.008636
Heifers—Medium and Large 1-2653133.50/cwt133.50–133.508728
Heifers—Medium and Large 1671131.42/cwt131.00–131.508826
Heifers—Medium and Large 1718130.57/cwt126.00–133.00937161
Heifers—Medium and Large 1Fancy757130.00/cwt130.00–130.0098464
Heifers—Medium and Large 1764123.43/cwt120.00–124.00943102
Heifers—Medium and Large 1807118.00/cwt118.00–118.009523
Heifers—Medium and Large 1895108.00/cwt108.00–108.009675
Feeder Cattle · Bulls4 lots · lightest first
Bulls—Medium and Large 1-2522134.95/cwt132.00–136.0070415
Bulls—Medium and Large 1-2657118.57/cwt115.00–124.0077910
Bulls—Medium and Large 1925106.00/cwt106.00–106.009811
Bulls—Medium and Large 1960100.00/cwt100.00–100.009604
Slaughter Cattle · Bulls4 lots · lightest first
Bulls——Return to Feed1,23179.58/cwt75.00–83.509809
Bulls——1,58080.56/cwt73.50–83.501,27313
Bulls——1,76286.17/cwt83.50–89.001,51816
Bulls——1,99493.71/cwt90.00–98.001,8699
Slaughter Cattle · Cows17 lots · lightest first
Cows—Lean 85-90%Light Weight82046.84/cwt43.00–48.503843
Cows—Lean 85-90%Light Weight86862.54/cwt62.00–63.005432
Cows—Lean 85-90%Light Weight89450.80/cwt50.00–52.004544
Cows—Lean 85-90%1,07041.00/cwt41.00–41.004391
Cows—Lean 85-90%1,13857.06/cwt51.00–63.5064938
Cows—Lean 85-90%Return to Feed1,15260.39/cwt56.00–65.0069645
Cows—Lean 85-90%Return to Feed1,15566.43/cwt64.00–68.5076759
Cows—Lean 85-90%Return to Feed1,19070.13/cwt68.50–71.508353
Cows—Lean 85-90%1,20564.17/cwt61.50–66.5077319
Cows—Boner 80-85%Return to Feed1,25370.50/cwt70.50–70.508832
Cows—Boner 80-85%Return to Feed1,36563.54/cwt60.50–64.5086717
Cows—Boner 80-85%1,38369.50/cwt69.50–69.509614
Cows—Boner 80-85%1,41064.79/cwt63.00–67.5091430
Cows—Boner 80-85%1,44160.24/cwt54.50–62.5086811
Cows—Boner 80-85%Return to Feed1,47766.30/cwt64.00–68.5097970
Cows—Breaker 75-80%1,57664.41/cwt62.00–66.501,0159
Cows—Breaker 75-80%1,95566.00/cwt66.00–66.001,2901
Replacement Cattle · Bulls2 lots · lightest first
Bulls—Medium and Large 11,1101,810.13/cwt1,600.00–2,100.0020,0926
Bulls—Medium and Large 11,7901,900.00/cwt1,900.00–1,900.0034,0101
Replacement Cattle · Stock Cows5 lots · lightest first
Stock Cows—Medium and Large 1Thin Fleshed77672.84/cwt61.00–79.005655
Stock Cows—Medium and Large 1Thin Fleshed79084.00/cwt84.00–84.006641
Stock Cows—Medium and Large 190393.59/cwt75.50–105.00845134
Stock Cows—Medium and Large 1-294084.00/cwt84.00–84.007904
Stock Cows—Medium and Large 199978.81/cwt63.50–89.0078767
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 11,2561,375.00/cwt1,375.00–1,375.0017,2705
Bred Cows—Medium and Large 11,2591,200.00/cwt1,200.00–1,200.0015,1085
Bred Cows—Medium and Large 1Broken Mouth1,487893.39/cwt850.00–935.0013,28510

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.