Sale reports / Montana / Miles City Livestock Commission / 2021-08-24

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Aug 24
● Final62 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
2,099 head
▲ 1,457 vs last sale 642▲ 1,657 vs year ago 442 · +374.9%
Slaughter Cattle receipts
286 head
▼ 7 vs last sale 293▲ 121 vs year ago 165 · +73.3%
Replacement Cattle receipts
102 head
▲ 20 vs last sale 82▼ 11 vs year ago 113 · −9.7%
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Reporter comment USDA

As filed

Compared to last week: Yearling steers were all too lightly tested last week to develop an accurate market trend, however higher undertones were noticed. Steer calves under 450 lbs sold mostly 15.00-20.00 higher. All other steer calves were too lightly tested last week to develop any market trend. Yearling heifers sold unevenly steady in a narrow comparison. The best test for heifer calves was for calves under 400 lbs which sold mostly 10.00-15.00 higher. All other heifer calves were too lightly tested to develop an accurate market trend, however higher undertones were noticed. Calf quality this week was mostly attractive with many long strings of freshly weaned calves on offer. Yearlings were of average to attractive quality with most offerings in light flesh. Outside of one load lot of steers, yearlings were mostly offered in small packages. Demand for both calves and yearlings was good to very good. Market activity was mostly active this week. Weigh up cows sold on moderate demand for light offerings. Cows sold three different ways as buyers purchased them to feed, slaughter, and return to the country to test for breds. Packers showed mostly light to moderate demand for slaughter cows. Slaughter cows sold generally steady to firm on boning and lean cows. Breaking cows were too lightly tested last week to develop any market trend. Feeding cows sold steady to firm. Slaughter bulls sold mostly 1.00-2.00 lower on a lower quality offering. Both cow and bulls were of plain to average quality this week. Most were fresh off range and have been out breeding or have had a calf on them all summer. Cow and bull yields are starting to see seasonal lows. Demand for replacement cows was mostly good as buyers purchased cows to both rebreed or in hopes that they are bred for spring calves. This class of cows were too lightly tested both this week and last to develop any market trend.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $176.73/cwt on 1,048 head.
Average price
$176.73
1,048 head · 504 lb average
Value per head Derived
$891
Price × average weight ÷ 100
Grade differential Derived
−$293
per head · Medium and Large 1 over Large 1
$33.77/cwt at this weight
vs the market
+8.33
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1481180.19866898
Medium and Large 1-2515166.7085855
Medium 1672152.311,02354
Large 1791146.431,15941
One grade step is worth $33.77/cwt here — about −$293 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 sale1,048 hd
176.73
—
MT average2 barns · 1,818 hd
168.40
+8.33
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—High1,76680.311,418102
CowsBreaker 75-80%Low1,74066.511,1577thin
CowsBoner 80-85%Average1,43064.8992890
CowsLean 85-90%Average1,16053.8262456

Every lot

62 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 1-2Unweaned267226.00/cwt226.00–226.006036
Steers—Medium and Large 1Unweaned279232.49/cwt232.00–235.0064974
Steers—Medium and Large 1Unweaned327223.59/cwt222.00–227.00731113
Steers—Medium and Large 1-2Unweaned357202.00/cwt202.00–202.0072121
Steers—Medium and Large 1Unweaned373221.33/cwt213.00–223.0082690
Steers—Large 1381207.00/cwt207.00–207.0078915
Steers—Medium and Large 1Unweaned421217.08/cwt206.00–222.00914296
Steers—Medium and Large 1-2Unweaned428196.50/cwt196.50–196.5084146
Steers—Medium and Large 1Unweaned490185.00/cwt185.00–185.009076
Steers—Medium 1625174.50/cwt174.50–174.501,09115
Steers—Medium and Large 1659174.00/cwt174.00–174.001,14722
Steers—Medium and Large 1-2689164.81/cwt163.50–167.001,13613
Steers—Medium and Large 1724174.94/cwt172.00–175.501,267104
Steers—Medium and Large 1755164.00/cwt164.00–164.001,2384
Steers—Medium and Large 1818162.00/cwt162.00–162.001,3253
Feeder Cattle · Heifers23 lots · lightest first
Heifers—Medium and Large 1Unweaned265202.50/cwt202.50–202.5053729
Heifers—Medium and Large 1Unweaned327198.99/cwt187.50–203.00651292
Heifers—Medium and Large 1Unweaned388184.65/cwt184.50–185.00716145
Heifers—Medium and Large 1-2411177.50/cwt177.50–177.5073038
Heifers—Medium and Large 1Unweaned423183.11/cwt180.50–183.50775188
Heifers—Medium and Large 1Unweaned480171.00/cwt171.00–171.008215
Heifers—Medium 1606150.75/cwt150.50–151.0091412
Heifers—Medium and Large 1643159.00/cwt159.00–159.001,02213
Heifers—Medium 1664154.50/cwt154.50–154.501,02621
Heifers—Medium and Large 1681156.36/cwt156.00–157.001,06519
Heifers—Medium and Large 1-2713145.02/cwt144.00–151.501,03415
Heifers—Medium and Large 1715155.14/cwt152.75–157.001,10932
Heifers—Medium 1717151.00/cwt151.00–151.001,08321
Heifers—Large 1744149.50/cwt149.50–149.501,11228
Heifers—Medium and Large 1777152.10/cwt149.75–155.001,18297
Heifers—Medium and Large 1807147.95/cwt147.00–148.001,19419
Heifers—Large 1853142.00/cwt142.00–142.001,21110
Heifers—Medium and Large 1881143.74/cwt141.00–147.501,26612
Heifers—Medium and Large 1934139.87/cwt139.00–140.501,30612
Heifers—Medium and Large 1Full935134.50/cwt134.50–134.501,2586
Heifers—Medium and Large 1961138.11/cwt135.50–140.501,32729
Heifers—Medium and Large 1-2998124.00/cwt124.00–124.001,2382
Heifers—Large 11,028132.50/cwt132.50–132.501,3623
Feeder Cattle · Bulls1 lot · lightest first
Bulls—Medium and Large 1-2878104.00/cwt104.00–104.009133
Slaughter Cattle · Bulls6 lots · lightest first
Bulls——Light Weight1,15578.50/cwt78.50–78.509071
Bulls——1,72877.70/cwt66.00–81.501,34359
Bulls——1,81084.11/cwt82.00–87.501,52234
Bulls——1,88088.00/cwt88.00–88.001,6541
Bulls——Return to Feed1,91483.08/cwt83.00–83.501,5906
Bulls——Canadian Origin2,12583.00/cwt83.00–83.001,7641
Slaughter Cattle · Cows13 lots · lightest first
Cows—Lean 85-90%Light Weight92346.92/cwt44.00–47.504336
Cows—Lean 85-90%Light Weight96541.00/cwt41.00–41.003961
Cows—Lean 85-90%1,14043.54/cwt42.00–45.504962
Cows—Lean 85-90%1,16553.94/cwt50.50–56.5062822
Cows—Lean 85-90%Return to Feed1,21956.14/cwt52.00–61.0068422
Cows—Lean 85-90%Return to Feed1,24562.00/cwt62.00–62.007721
Cows—Lean 85-90%1,24860.26/cwt60.00–60.507522
Cows—Boner 80-85%Return to Feed1,37957.85/cwt55.00–61.507987
Cows—Boner 80-85%Return to Feed1,41964.45/cwt62.00–68.0091549
Cows—Boner 80-85%1,43562.19/cwt61.50–63.5089213
Cows—Boner 80-85%Return to Feed1,47169.92/cwt69.50–70.001,02921
Cows—Breaker 75-80%Return to Feed1,68267.26/cwt67.00–67.501,1314
Cows—Breaker 75-80%1,81865.50/cwt65.50–65.501,1913
Replacement Cattle · Stock Cows3 lots · lightest first
Stock Cows—Medium and Large 192980.95/cwt70.00–91.0075224
Stock Cows—Medium and Large 11,17270.08/cwt63.00–83.0082135
Stock Cows—Medium and Large 11,34964.46/cwt60.50–65.5087022
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 11,18761.50/cwt61.50–61.507307

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.