Sale reports / Montana / Miles City Livestock Commission / 2022-05-03

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, May 3
● Final57 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
650 head
▼ 324 vs last sale 974▼ 119 vs year ago 769 · −15.5%
Slaughter Cattle receipts
301 head
▲ 26 vs last sale 275▼ 100 vs year ago 401 · −24.9%
Replacement Cattle receipts
255 head
▲ 137 vs last sale 118▼ 27 vs year ago 282 · −9.6%
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Reporter comment USDA

As filed

Compared to last week: Feeder cattle were too lightly tested either this week or last week to develop an accurate market trend, however steady to higher undertones were noticed on steers and steady undertones were noticed on heifers. A heavy offering of replacement heifers were seen today. These offerings were met with mostly good to very good demand. Quality was mostly very attractive on all replacement quality heifers. Feeder cattle were mostly average in quality this week. Market activity was active with both ranchers and order buyers actively bidding on offerings. Weigh up cows sold on mostly light to moderate demand and moderate offerings. Slaughter cows sold mostly 2.00-5.00 lower on all classes this week. The majority of cows destined for slaughter are lower quality cows or cows not suitable to feed. Feeding cow demand was mostly good again this week as packers and independent feeders both competed over offerings. Feeding cows sold steady to weak. Heavy cow and bull receipts have been seen over the last month or so as a series of spring snow storms have killed a large number of calves. This has drove up the number of cows for offer. The cutter cow cutout has seen pressure over the last few weeks as heavy supplies have forced the cutout lower. The cutter cow cutout closed today at 221.69. Prior to the snow storms the cutout was hovering between 227.00 and 229.00. Weigh up conditions were average this week for both cows and bulls. Slaughter bulls sold fully steady. Young age cows suitable to feed or rebreed sold on mostly very good demand. Several buyers were very active in bidding on these offerings and pushed prices higher as they attempted to fill loads. Many cows had lost calves in the recent storms and were very attractive in quality. These offerings sold mostly 8.00-10.00 higher in a narrow comparison.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $154.48/cwt on 473 head.
Average price
$154.48
473 head · 725 lb average
Value per head Derived
$1,120
Price × average weight ÷ 100
Grade differential Derived
$186
per head · Medium and Large 1 over Medium and Large 1-2
$7.10/cwt at this weight
vs the market
−6.13
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1735155.071,139433
Medium and Large 2475149.007086thin
Medium and Large 1-2644147.9795334
One grade step is worth $7.10/cwt here — about $186 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 sale473 hd
154.48
—
MT average3 barns · 1,978 hd
160.61
−6.13
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—Average1,71697.131,66739
CowsBreaker 75-80%Average1,46881.081,19012
CowsBoner 80-85%Average1,40579.051,111132
CowsLean 85-90%Low1,20768.7283083

Every lot

57 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 · Steers7 lots · lightest first
Steers—Medium and Large 1-2433195.00/cwt195.00–195.008445
Steers—Medium and Large 1517210.00/cwt210.00–210.001,08650
Steers—Medium and Large 1-2578168.50/cwt168.50–168.509744
Steers—Medium and Large 1-2619169.83/cwt169.50–170.501,0516
Steers—Medium and Large 1-2718150.00/cwt150.00–150.001,0773
Steers—Medium and Large 1729158.00/cwt158.00–158.001,15210
Steers—Medium and Large 1-2765150.00/cwt150.00–150.001,1489
Feeder Cattle · Heifers14 lots · lightest first
Heifers—Medium and Large 2370157.00/cwt157.00–157.005813
Heifers—Medium and Large 1-2399172.00/cwt172.00–172.006864
Heifers—Medium and Large 1471176.70/cwt176.50–177.0083233
Heifers—Medium and Large 2580141.00/cwt141.00–141.008183
Heifers—Medium and Large 1-2Replacement618151.00/cwt151.00–151.009334
Heifers—Medium and Large 1-2633149.00/cwt149.00–149.0094317
Heifers—Medium and Large 1642159.24/cwt157.00–159.501,0229
Heifers—Medium and Large 1Replacement681157.39/cwt154.50–161.001,07255
Heifers—Medium and Large 1681153.08/cwt151.00–155.001,04243
Heifers—Medium and Large 1Replacement727158.00/cwt158.00–158.001,14917
Heifers—Medium and Large 1Replacement785155.22/cwt150.75–158.001,218221
Heifers—Medium and Large 1-2785134.00/cwt134.00–134.001,0529
Heifers—Medium and Large 1799136.75/cwt136.75–136.751,09337
Heifers—Medium and Large 1Replacement810144.00/cwt144.00–144.001,16618
Feeder Cattle · Bulls5 lots · lightest first
Bulls—Medium and Large 1-2789128.00/cwt128.00–128.001,0104
Bulls—Medium and Large 1885128.00/cwt128.00–128.001,1331
Bulls—Medium and Large 1930128.12/cwt127.00–130.001,19213
Bulls—Large 11,180114.00/cwt114.00–114.001,3451
Bulls—Large 11,250106.00/cwt106.00–106.001,3251
Slaughter Cattle · Bulls8 lots · lightest first
Bulls——Return to Feed1,28384.00/cwt84.00–84.001,0782
Bulls——Return to Feed1,33896.01/cwt95.00–97.001,2852
Bulls——Light Weight1,39077.00/cwt77.00–77.001,0701
Bulls——1,53080.00/cwt80.00–80.001,2241
Bulls——Natural1,67695.67/cwt95.00–100.001,6039
Bulls——1,72697.71/cwt94.50–101.001,68615
Bulls——Natural1,850104.00/cwt104.00–104.001,9243
Bulls——2,041105.37/cwt103.00–107.502,1516
Slaughter Cattle · Cows17 lots · lightest first
Cows—Lean 85-90%Light Weight95270.49/cwt67.50–72.006713
Cows—Lean 85-90%Light Weight95554.00/cwt54.00–54.005161
Cows—Lean 85-90%Light Weight98575.50/cwt75.50–75.507441
Cows—Lean 85-90%1,08159.62/cwt54.00–62.506444
Cows—Lean 85-90%Return to Feed1,09373.50/cwt73.50–73.508032
Cows—Lean 85-90%Return to Feed1,17476.46/cwt76.00–78.508986
Cows—Lean 85-90%1,21576.82/cwt74.00–77.5093313
Cows—Lean 85-90%1,24666.42/cwt63.00–73.5082853
Cows—Boner 80-85%Return to Feed1,34075.19/cwt74.50–76.001,00812
Cows—Boner 80-85%1,36369.84/cwt69.25–74.0095217
Cows—Boner 80-85%Return to Feed1,40881.11/cwt78.50–83.501,14270
Cows—Breaker 75-80%Return to Feed1,41382.00/cwt82.00–82.001,1595
Cows—Boner 80-85%1,44280.58/cwt77.00–81.001,16231
Cows—Boner 80-85%Return to Feed1,45085.00/cwt85.00–85.001,2331
Cows—Breaker 75-80%Return to Feed1,48080.00/cwt78.50–81.001,1845
Cows—Boner 80-85%1,49084.50/cwt84.50–84.501,2591
Cows—Breaker 75-80%1,57581.50/cwt81.00–82.001,2842
Replacement Cattle · Stock Cows6 lots · lightest first
Stock Cows—Medium and Large 1982114.99/cwt102.00–124.501,12998
Stock Cows—Large 1990113.00/cwt113.00–113.001,1192
Stock Cows—Medium and Large 1-21,10996.01/cwt92.50–110.501,0657
Stock Cows—Medium and Large 1-21,13580.00/cwt80.00–80.009081
Stock Cows—Medium and Large 11,14992.66/cwt80.00–113.001,065110
Stock Cows—Medium and Large 11,25675.39/cwt75.00–78.009477

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.