Sale reports / Montana / Miles City Livestock Commission / 2023-03-28

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Mar 28
● Final56 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
382 head
▼ 836 vs last sale 1,218▲ 25 vs year ago 357 · +7.0%
Slaughter Cattle receipts
219 head
▲ 129 vs last sale 90▼ 205 vs year ago 424 · −48.3%
Replacement Cattle receipts
71 head
▼ 75 vs last sale 146▼ 494 vs year ago 565 · −87.4%
View

Reporter comment USDA

As filed

Compared to last week: Feeder cattle were all too lightly tested to develop an accurate market trend, steady to higher undertones were noticed. Quality this sale was mixed from plain to very attractive. Demand was mostly good for light offerings. The single load lot that sold this week was met with very good demand, as weigh conditions and flesh conditions were very attractive. Market activity was mostly active this week. Weigh up cows sold on mostly good for light offerings. Slaughter cows sold generally steady in a narrow comparison. Major packers and local packers continue to be very aggressive as they fight over limited offerings. One consignment of fed cows sold this week. These offerings were met with good demand. Little to no premium for premium white cows has been seen this spring so consigners opted to sell cows instead of continuing to feed them. Many of these fed cows were purchased by eastern packers to feed; western packers purchased these offerings for immediate harvest. Feeding cows were not well compared this week. Slaughter bulls sold steady to firm in a narrow comparison. Cow and bull quality was average to attractive this sale. Weigh up conditions were mostly average to below average this sale. Weigh conditions were not as attractive as last week. Young age cows suitable to feed or rebreed sold mostly steady. Demand for young cows that lost calves continues to be good to very good.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $216.99/cwt on 225 head.
Average price
$216.99
225 head · 667 lb average
Value per head Derived
$1,447
Price × average weight ÷ 100
Grade differential Derived
−$238
per head · Medium and Large 1-2 over Medium and Large 1
$24.44/cwt at this weight
vs the market
−0.01
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2581230.001,33692
Medium 1-2381230.008763thin
Medium and Large 2568218.231,23916thin
Medium 1549217.001,1914thin
Medium and Large 1766205.561,574110
One grade step is worth $24.44/cwt here — about −$238 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 sale225 hd
216.99
—
MT average2 barns · 499 hd
217.00
−0.01
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—Average1,748119.102,08258
CowsBreaker 75-80%Low1,51593.981,42477
CowsBoner 80-85%Average1,43788.681,27515
CowsLean 85-90%Low1,19484.001,00324

Every lot

56 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 1-2381230.00/cwt230.00–230.008763
Steers—Medium and Large 1-2485261.04/cwt250.00–272.001,26614
Steers—Medium and Large 1535250.47/cwt249.00–252.001,3406
Steers—Medium and Large 1-2539235.53/cwt231.50–246.001,27018
Steers—Medium and Large 2547225.00/cwt225.00–225.001,2317
Steers—Medium 1549217.00/cwt217.00–217.001,1914
Steers—Medium and Large 1-2578229.38/cwt220.00–236.001,32612
Steers—Medium and Large 2584212.97/cwt212.00–215.001,2449
Steers—Medium and Large 1601237.93/cwt227.00–244.501,4308
Steers—Medium and Large 1-2604225.13/cwt224.50–230.001,36036
Steers—Medium and Large 1-2674204.12/cwt202.00–208.001,3768
Steers—Medium and Large 1676219.82/cwt214.00–232.001,48616
Steers—Medium and Large 1-2716194.00/cwt194.00–194.001,3894
Steers—Medium and Large 1810197.25/cwt197.25–197.251,59874
Steers—Medium and Large 1910182.00/cwt182.00–182.001,6566
Feeder Cattle · Heifers11 lots · lightest first
Heifers—Medium and Large 1-2376235.00/cwt235.00–235.008845
Heifers—Medium and Large 2392210.00/cwt210.00–210.008233
Heifers—Medium 1393232.00/cwt232.00–232.009129
Heifers—Medium 1423239.00/cwt239.00–239.001,0113
Heifers—Medium and Large 1482238.00/cwt238.00–238.001,1476
Heifers—Medium and Large 1-2492216.08/cwt212.50–217.001,06314
Heifers—Medium and Large 1-2515214.00/cwt214.00–214.001,1023
Heifers—Medium and Large 1520228.84/cwt221.00–231.001,19018
Heifers—Medium and Large 1560217.00/cwt217.00–217.001,2156
Heifers—Medium and Large 1-2583213.00/cwt213.00–213.001,24232
Heifers—Medium and Large 1-2693170.00/cwt170.00–170.001,1783
Feeder Cattle · Bulls11 lots · lightest first
Bulls—Medium and Large 2473205.00/cwt205.00–205.009702
Bulls—Medium and Large 1500252.50/cwt252.50–252.501,2632
Bulls—Medium and Large 1-2528227.51/cwt227.00–230.001,2016
Bulls—Medium and Large 1-2561213.00/cwt213.00–213.001,1955
Bulls—Medium and Large 2583197.00/cwt197.00–197.001,1493
Bulls—Medium and Large 1-2627192.50/cwt192.50–192.501,2073
Bulls—Large 11,010157.00/cwt157.00–157.001,5864
Bulls—Large 11,074146.76/cwt145.00–155.001,5768
Bulls—Large 11,108123.00/cwt122.00–124.001,3632
Bulls—Large 1Fancy1,160140.00/cwt140.00–140.001,6243
Bulls—Large 11,160120.00/cwt120.00–120.001,3921
Slaughter Cattle · Bulls6 lots · lightest first
Bulls——Return to Feed1,474118.64/cwt116.00–121.001,7499
Bulls——1,710102.01/cwt96.50–106.001,7442
Bulls——Natural1,715116.08/cwt114.00–118.001,9913
Bulls——1,751116.68/cwt113.00–120.002,04325
Bulls——Natural1,840123.00/cwt123.00–123.002,2631
Bulls——1,886124.89/cwt121.00–133.002,35518
Slaughter Cattle · Cows11 lots · lightest first
Cows—Lean 85-90%Light Weight97577.34/cwt75.00–79.507543
Cows—Lean 85-90%1,21189.74/cwt84.50–95.001,08712
Cows—Lean 85-90%1,24478.57/cwt75.50–83.009779
Cows—Boner 80-85%Return to Feed1,32090.17/cwt86.50–92.001,1903
Cows—Breaker 75-80%Return to Feed1,45394.56/cwt93.50–96.001,37425
Cows—Boner 80-85%1,46390.50/cwt89.00–92.001,3248
Cows—Boner 80-85%1,47483.94/cwt83.00–86.001,2374
Cows—Breaker 75-80%1,52694.46/cwt93.00–95.001,44145
Cows—Breaker 75-80%1,61088.61/cwt86.00–92.501,4275
Cows—Breaker 75-80%1,62598.00/cwt98.00–98.001,5931
Cows—Breaker 75-80%Heavy Weight2,00081.00/cwt81.00–81.001,6201
Replacement Cattle · Stock Cows2 lots · lightest first
Stock Cows—Medium and Large 1946146.66/cwt117.00–159.001,38739
Stock Cows—Medium and Large 11,215103.81/cwt85.00–132.001,26113

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.