Sale reports / Montana / Miles City Livestock Commission / 2022-05-24

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, May 24
● Final43 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
204 head
▲ 148 vs last sale 56▼ 123 vs year ago 327 · −37.6%
Slaughter Cattle receipts
388 head
▼ 230 vs last sale 618▼ 146 vs year ago 534 · −27.3%
Replacement Cattle receipts
199 head
▼ 2 vs last sale 201▼ 81 vs year ago 280 · −28.9%
View

Reporter comment USDA

As filed

Compared to last week: Feeder cattle were scarcely tested this week, thus no trend can be established. Demand for feeder cattle was mostly moderate for light offerings. Quality was mostly average to attractive this week. Several sets of replacement quality heifers were seen this week and most of these offerings were purchased for grass cattle. CME positions saw triple digit gains today following a turbulent week last week. The May contract closed at 154.50, while the August closed at 168.15. Market activity this week was mostly moderate. Weigh up cows comprised most of the offering today. Slaughter cows sold unevenly steady from 2.00 lower to 2.00 higher. Demand for slaughter cows was light to moderate. Packers were forced to be aggressive as they purchased cows for slaughter early in the sale as additional feeding cow buyers were seen this week. However, other buyers purchasing cows for slaughter filled loads and exited the market allowing cow prices to fall mid-sale. Feeding cows sold steady despite additional buyers this week. Cow quality was average to attractive this week, however quality was not as attractive as last week. Weigh up conditions were average to above average, however weigh up conditions were not as attractive to buyers this week as last. Slaughter bulls sold steady to 2.00 higher as feeding bull buyers pushed bulls higher. Young age cows sold steady to 5.00 higher. Quality was average to attractive this week and additional buyers were seen.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $166.94/cwt on 158 head.
Average price
$166.94
158 head · 587 lb average
Value per head Derived
$979
Price × average weight ÷ 100
Grade differential Derived
$328
per head · Medium and Large 1 over Medium 2
$50.30/cwt at this weight
vs the market
+5.99
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1594169.301,006144
Medium and Large 1-2439162.007117thin
Medium and Large 2605129.007803thin
Medium 2569119.006774thin
One grade step is worth $50.30/cwt here — about $328 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 sale158 hd
166.94
—
MT average3 barns · 876 hd
160.94
+5.99
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—Average1,572102.941,61848
CowsBreaker 75-80%Low1,50879.731,20244
CowsBoner 80-85%Low1,36379.611,085105
CowsLean 85-90%Average1,18677.47919157

Every lot

43 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 · Heifers8 lots · lightest first
Heifers—Medium and Large 1-2439162.00/cwt162.00–162.007117
Heifers—Medium and Large 1445187.00/cwt187.00–187.0083219
Heifers—Medium and Large 1518174.00/cwt174.00–174.0090115
Heifers—Medium and Large 1556167.80/cwt164.00–171.0093311
Heifers—Medium 2569119.00/cwt119.00–119.006774
Heifers—Medium and Large 2605129.00/cwt129.00–129.007803
Heifers—Medium and Large 1616163.58/cwt160.00–165.001,00836
Heifers—Medium and Large 1651166.37/cwt166.00–167.001,08363
Feeder Cattle · Bulls4 lots · lightest first
Bulls—Medium and Large 1-2910117.00/cwt117.00–117.001,0651
Bulls—Medium and Large 1965117.00/cwt117.00–117.001,1293
Bulls—Large 11,000117.00/cwt117.00–117.001,1701
Bulls—Large 11,070114.00/cwt114.00–114.001,2203
Slaughter Cattle · Bulls6 lots · lightest first
Bulls——Return to Feed1,296103.45/cwt101.00–106.001,34125
Bulls——Return to Feed1,52090.00/cwt90.00–90.001,3681
Bulls——1,69095.00/cwt95.00–95.001,6061
Bulls——1,723106.00/cwt105.00–109.501,8266
Bulls——1,928102.29/cwt99.00–104.501,97214
Bulls——Heavy Weight2,520102.00/cwt102.00–102.002,5701
Slaughter Cattle · Cows16 lots · lightest first
Cows—Lean 85-90%Light Weight96073.00/cwt73.00–73.007011
Cows—Lean 85-90%Return to Feed97071.50/cwt71.50–71.506942
Cows—Lean 85-90%1,15873.61/cwt69.00–75.008528
Cows—Lean 85-90%1,17777.32/cwt76.00–78.5091066
Cows—Lean 85-90%Return to Feed1,19878.05/cwt75.00–81.5093568
Cows—Lean 85-90%1,24779.00/cwt79.00–79.0098512
Cows—Boner 80-85%Return to Feed1,34579.41/cwt76.50–81.501,06859
Cows—Boner 80-85%1,35979.36/cwt76.50–80.501,07915
Cows—Boner 80-85%1,35974.67/cwt73.50–76.001,0154
Cows—Boner 80-85%1,39681.48/cwt81.00–81.751,13718
Cows—Boner 80-85%Return to Feed1,41575.01/cwt73.50–76.501,0613
Cows—Boner 80-85%Return to Feed1,42582.24/cwt82.00–82.501,1726
Cows—Breaker 75-80%Return to Feed1,45678.03/cwt78.00–78.501,13617
Cows—Breaker 75-80%Return to Feed1,51781.94/cwt81.00–82.001,24318
Cows—Breaker 75-80%1,55676.71/cwt72.50–80.501,1946
Cows—Breaker 75-80%1,65582.14/cwt82.00–82.501,3593
Replacement Cattle · Cow-Calf Pairs3 lots · lightest first
Cow-Calf Pairs—Medium and Large 1Thin Fleshed1,2551,060.00/cwt1,060.00–1,060.0013,3034
Cow-Calf Pairs—Medium and Large 1Broken Mouth1,4271,289.90/cwt1,250.00–1,325.0018,40713
Cow-Calf Pairs—Medium and Large 11,4491,360.00/cwt1,360.00–1,360.0019,7065
Replacement Cattle · Stock Cows6 lots · lightest first
Stock Cows—Medium and Large 1-274582.50/cwt82.50–82.506152
Stock Cows—Medium and Large 1-286091.00/cwt91.00–91.007835
Stock Cows—Medium and Large 1969115.71/cwt100.00–127.001,12133
Stock Cows—Medium and Large 11,11084.41/cwt79.00–96.0093718
Stock Cows—Medium and Large 11,11593.10/cwt82.00–116.001,03885
Stock Cows—Medium and Large 1-21,26085.50/cwt85.50–85.501,0771

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.