Sale reports / Montana / Miles City Livestock Commission / 2021-10-26

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Oct 26
● Final68 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
2,345 head
▼ 1,802 vs last sale 4,147▼ 909 vs year ago 3,254 · −27.9%
Slaughter Cattle receipts
2,028 head
▲ 591 vs last sale 1,437▲ 1,185 vs year ago 843 · +140.6%
Replacement Cattle receipts
804 head
▲ 309 vs last sale 495▲ 684 vs year ago 120 · +570.0%
View

Reporter comment USDA

As filed

Compared to last week: Yearling steers and heifers were too lightly tested to develop any market trend. Demand for yearlings was moderate on an average to attractive quality offering. Steer calves under 400 lbs sold uneven in a narrow comparison. 400-599 lbs steers sold mostly steady to 5.00 higher. Steers over 600 lbs were too lightly tested to develop an accurate market trend, lower undertones were noticed. Heifer calves under 400 lbs sold sharply lower, with most sales 10.00-20.00 lower, 400 lbs and heavier sold mostly steady to 6.00 lower. Quality this week was average to attractive on a lighter offering than was seen last week. Demand for cattle was stronger to start the sale as most offerings traded higher than last week. Price spreads remained very large as calves with 2 rounds of vaccinations sold with the best demand. Rain in the upper plains and corn belt also put some pressure on the market as some buyers were not willing to take calves due to weather. Transportation continues to be a huge burden on the market as buyers remain strapped for trucks and most will not buy calves without wheels to put under them. Buyers continued the same buying pattern as last week. Mostly buying front end calves, especially ones with two rounds of vaccinations and passed or discounted average quality calves or calves with only spring shots. Heavy discounts continue to be seen on plain or average quality cattle. Market activity this week was mostly moderate. Weigh up cows comprised a large portion of the sale as over 2600 cows were on offer. Demand for cows was mostly moderate despite very heavy offerings. Feeding buyers led the market this week as buyers pushed offerings higher. Very thin offerings were in very good demand as these offerings offered lots of compensatory gain. Feeding cows sold mostly steady to 3.00 higher. Slaughter cows sold steady to firm on boning and lean cows. Breaking cows were too lightly tested to develop any market trend. Many sets of cows were purchased to turn out on corn stalks or put on a holding ration until the market improves. The majority of cows this week were purchased to feed. Slaughter bulls were too lightly tested last week to develop an accurate market trend. Feeding bull prices were generally steady this week. Most bulls sold as feeding bulls this week as both packers and feeding bull buyers both purchased bulls for this purpose. Young age cows suitable to feed or rebreed sold generally steady. Demand for 2 year old heifers was mostly good this week as buyers showed optimism in the feeding market. Quality this week was mostly average to attractive and slightly higher than last week.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $183.22/cwt on 1,088 head.
Average price
$183.22
1,088 head · 450 lb average
Value per head Derived
$824
Price × average weight ÷ 100
Grade differential Derived
$185
per head · Medium and Large 1 over Medium and Large 1-2
$17.06/cwt at this weight
vs the market
+13.44
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1457184.48843998
Medium 1-2267178.0047515thin
Medium and Large 1-2393167.4365875
One grade step is worth $17.06/cwt here — about $185 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 sale1,088 hd
183.22
—
MT average4 barns · 6,341 hd
169.77
+13.44
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—Average1,62875.751,23444
CowsBreaker 75-80%Average1,69367.501,1432thin
CowsBoner 80-85%High1,39259.36826118
CowsLean 85-90%Very Low1,12846.61526719

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 · Steers15 lots · lightest first
Steers—Medium and Large 1-2Unweaned257190.00/cwt190.00–190.0048811
Steers—Medium and Large 1Unweaned258204.48/cwt202.50–205.0052838
Steers—Medium 1-2Unweaned267178.00/cwt178.00–178.0047515
Steers—Medium and Large 1-2Unweaned314172.50/cwt172.50–172.505428
Steers—Medium and Large 1Unweaned317210.95/cwt193.00–220.00669140
Steers—Medium and Large 1Unweaned371197.27/cwt190.00–205.0073289
Steers—Medium and Large 1-2Unweaned377182.50/cwt182.50–182.5068812
Steers—Medium and Large 1-2Unweaned416161.11/cwt155.50–165.0067023
Steers—Medium and Large 1Unweaned424195.18/cwt184.00–201.00828140
Steers—Medium and Large 1-2Unweaned459151.96/cwt140.00–161.0069714
Steers—Medium and Large 1Unweaned470183.98/cwt166.00–196.00865139
Steers—Medium and Large 1Unweaned516172.70/cwt155.50–188.50891245
Steers—Medium and Large 1-2Unweaned519152.00/cwt152.00–152.007897
Steers—Medium and Large 1Unweaned561165.28/cwt154.00–172.50927175
Steers—Medium and Large 1Unweaned611159.95/cwt152.00–163.7597732
Feeder Cattle · Heifers21 lots · lightest first
Heifers—Medium and Large 1Unweaned257194.00/cwt194.00–194.0049934
Heifers—Medium and Large 1-2Unweaned293160.00/cwt160.00–160.0046915
Heifers—Medium and Large 1Fancy314201.00/cwt201.00–201.0063131
Heifers—Large 1Unweaned318161.00/cwt161.00–161.005128
Heifers—Medium 1Unweaned322157.74/cwt151.00–160.0050823
Heifers—Medium and Large 1Unweaned333164.16/cwt160.00–174.0054761
Heifers—Medium and Large 1-2Unweaned345153.85/cwt152.00–160.0053113
Heifers—Medium and Large 1Unweaned371160.32/cwt159.25–165.00595108
Heifers—Medium 1Unweaned385145.00/cwt145.00–145.0055811
Heifers—Medium and Large 1-2Unweaned393156.93/cwt155.00–160.0061718
Heifers—Medium and Large 1422163.04/cwt162.00–164.0068841
Heifers—Medium and Large 1Unweaned428157.41/cwt155.50–164.0067461
Heifers—Medium 1Unweaned455143.00/cwt143.00–143.006519
Heifers—Medium and Large 1Unweaned477156.07/cwt146.00–162.50744154
Heifers—Medium and Large 1Unweaned513152.18/cwt142.00–156.0078197
Heifers—Medium and Large 1Unweaned555140.93/cwt131.00–145.0078251
Heifers—Medium and Large 1778143.00/cwt143.00–143.001,1136
Heifers—Large 1862135.00/cwt135.00–135.001,16412
Heifers—Medium and Large 1882140.00/cwt140.00–140.001,23511
Heifers—Large 11,004136.75/cwt136.75–136.751,3734
Heifers—Large 11,058134.00/cwt134.00–134.001,41823
Feeder Cattle · Bulls2 lots · lightest first
Bulls—Medium and Large 1-2Unweaned389150.34/cwt142.50–152.5058523
Bulls—Medium and Large 1Unweaned528132.50/cwt132.50–132.507006
Slaughter Cattle · Bulls4 lots · lightest first
Bulls——Return to Feed1,53073.32/cwt72.00–74.501,1227
Bulls——1,62771.60/cwt63.00–73.501,16510
Bulls——1,64177.21/cwt75.00–83.501,2679
Bulls——Return to Feed1,66178.28/cwt75.00–83.001,30018
Slaughter Cattle · Cows15 lots · lightest first
Cows—Lean 85-90%Light Weight92347.00/cwt47.00–47.004342
Cows—Lean 85-90%Light Weight95631.31/cwt26.00–35.5029911
Cows—Lean 85-90%Return to Feed1,04139.82/cwt37.50–42.00415106
Cows—Lean 85-90%1,10743.76/cwt39.00–46.0048466
Cows—Lean 85-90%1,12635.64/cwt31.00–39.5040113
Cows—Lean 85-90%Return to Feed1,14851.68/cwt48.00–58.00593259
Cows—Lean 85-90%Return to Feed1,15345.79/cwt41.00–48.50528243
Cows—Lean 85-90%1,19648.51/cwt47.00–50.5058013
Cows—Lean 85-90%Return to Feed1,23860.29/cwt59.00–61.007466
Cows—Boner 80-85%1,34155.50/cwt55.50–55.5074416
Cows—Boner 80-85%1,36050.35/cwt43.00–53.006856
Cows—Boner 80-85%Return to Feed1,39661.07/cwt56.00–64.0085340
Cows—Boner 80-85%Return to Feed1,40252.36/cwt43.00–55.5073425
Cows—Boner 80-85%Return to Feed1,41066.53/cwt66.00–67.0093831
Cows—Breaker 75-80%Return to Feed1,69367.50/cwt67.50–67.501,1432
Replacement Cattle · Bred Cows5 lots · lightest first
Bred Cows—Medium and Large 19031,150.00/cwt1,150.00–1,150.0010,3858
Bred Cows—Medium and Large 11,19671.00/cwt71.00–71.008498
Bred Cows—Medium and Large 11,24856.50/cwt56.50–56.5070510
Bred Cows—Medium and Large 11,33062.00/cwt62.00–62.0082515
Bred Cows—Medium and Large 11,4931,005.00/cwt1,005.00–1,005.0015,00520
Replacement Cattle · Stock Cows5 lots · lightest first
Stock Cows—Medium and Large 1Thin Fleshed88850.00/cwt50.00–50.004444
Stock Cows—Medium and Large 189178.00/cwt78.00–78.006954
Stock Cows—Medium and Large 1904102.49/cwt78.00–119.00927165
Stock Cows—Medium and Large 197679.49/cwt56.50–95.50776184
Stock Cows—Medium and Large 1Thin Fleshed1,01745.00/cwt45.00–45.0045827
Replacement Cattle · Bred Heifers1 lot · lightest first
Bred Heifers—Medium and Large 1906129.00/cwt129.00–129.001,16910

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.