Sale reports / Montana / Miles City Livestock Commission / 2023-05-02

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, May 2
● Final48 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
222 head
▼ 1,479 vs last sale 1,701▼ 428 vs year ago 650 · −65.8%
Slaughter Cattle receipts
177 head
▲ 102 vs last sale 75▼ 124 vs year ago 301 · −41.2%
Replacement Cattle receipts
189 head
▲ 49 vs last sale 140▼ 66 vs year ago 255 · −25.9%
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Reporter comment USDA

As filed

Compared to last week: Feeder cattle were all too lightly tested this week and last week to develop any market trend. Quality this sale was mostly plain to average, with a limited offering of attractive cattle. Demand was mostly moderate to good for light offerings. Cattle were offered in mostly small packages or as singles forcing buyers to piece together loads. CME feeder cattle contract prices were lower today as most nearby contracts traded 3.75-3.925 lower. Market activity was mostly moderate to active this week. Weigh up cows sold on moderate to good demand for light to moderate offerings. Slaughter cows were lightly tested last week so all comparisons are narrow. Breaking cows were too lightly tested to develop any market trend, boning and lean cows sold mostly 2.00 lower. Heavier cow supplies are being seen across much of the upper plains as some regions of the county have started to brand calves and cull cows. This has allowed for supplies to ease slightly and prices to slip lower. Feeding cows sold on mostly good demand as packers prepare for lighter supplies during the summer months. Feeding cows sold with lower undertones in a narrow comparison. Slaughter bulls sold on moderate to good demand this sale. Slaughter bulls were too lightly tested to develop an accurate market trend, steady to lower undertones were noticed. Cow and bull quality was mostly average this week. Weigh up conditions were mixed this week. Young age cows comprised a large portion of the sale again this week as ranchers continue to sell off cows which lost calves. Young age cows sold mostly steady to firm.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $253.45/cwt on 105 head.
Average price
$253.45
105 head · 619 lb average
Value per head Derived
$1,568
Price × average weight ÷ 100
Grade differential Derived
−$582
per head · Medium 1 over Medium and Large 1
$36.15/cwt at this weight
vs the market
+9.74
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1355287.501,0213thin
Medium and Large 1-2523262.601,37310thin
Medium and Large 1638251.351,60392
One grade step is worth $36.15/cwt here — about −$582 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 sale105 hd
253.45
—
MT average3 barns · 1,725 hd
243.71
+9.74
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—High1,780112.071,99547
CowsBreaker 75-80%High1,68097.681,6413thin
CowsBoner 80-85%Low1,39192.471,28635
CowsLean 85-90%Average1,16886.421,00947

Replacement cattle Per head

By class, stage and age
Bred stock and pairs are reported per head, not per hundredweight — these prices are never mixed with the $/cwt figures above.
ClassStageAgeAvg wt$/headHead
Bred Heifers3rd Stage (7-9 mo)(<2 yrs)1,035$2,00115

Every lot

48 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 · Steers10 lots · lightest first
Steers—Medium 1355287.50/cwt287.50–287.501,0213
Steers—Medium and Large 1-2461279.00/cwt279.00–279.001,2865
Steers—Medium and Large 1508276.00/cwt276.00–276.001,4022
Steers—Medium and Large 1Fleshy543251.00/cwt251.00–251.001,3637
Steers—Medium and Large 1-2543249.00/cwt249.00–249.001,3523
Steers—Medium and Large 1573275.00/cwt275.00–275.001,57616
Steers—Medium and Large 1Fleshy583246.00/cwt246.00–246.001,4349
Steers—Medium and Large 1-2648242.00/cwt242.00–242.001,5682
Steers—Medium and Large 1674247.35/cwt237.00–254.001,66754
Steers—Medium and Large 1759211.00/cwt211.00–211.001,6014
Feeder Cattle · Heifers7 lots · lightest first
Heifers—Medium and Large 185200.00/head200.00–200.002001
Heifers—Medium 1-2341225.00/cwt225.00–225.007674
Heifers—Medium 1405230.00/cwt230.00–230.009326
Heifers—Medium and Large 1547258.50/cwt258.50–258.501,41425
Heifers—Medium and Large 1-2573219.03/cwt200.00–226.001,2558
Heifers—Medium and Large 1645225.56/cwt224.00–226.001,4559
Heifers—Medium and Large 1773197.50/cwt197.50–197.501,52715
Feeder Cattle · Bulls4 lots · lightest first
Bulls—Medium and Large 1100350.00/head350.00–350.003501
Bulls—Medium and Large 1573245.52/cwt237.50–252.001,4079
Bulls—Medium and Large 1725192.43/cwt189.00–196.001,3954
Bulls—Medium and Large 1969175.00/cwt175.00–175.001,6966
Slaughter Cattle · Bulls7 lots · lightest first
Bulls——Light Weight1,23397.26/cwt87.00–107.001,1992
Bulls——Return to Feed1,378107.83/cwt107.00–109.001,4863
Bulls——1,570102.00/cwt102.00–102.001,6011
Bulls——1,684101.98/cwt85.00–111.001,71715
Bulls——1,858117.09/cwt112.00–121.002,17617
Bulls——1,987125.72/cwt123.00–128.502,4987
Bulls——2,378123.50/cwt123.50–123.502,9372
Slaughter Cattle · Cows12 lots · lightest first
Cows—Lean 85-90%Light Weight76560.00/cwt60.00–60.004591
Cows—Lean 85-90%1,11179.86/cwt72.00–84.5088714
Cows—Lean 85-90%1,17893.99/cwt93.50–94.501,1072
Cows—Lean 85-90%1,19287.82/cwt84.50–91.501,04720
Cows—Lean 85-90%Return to Feed1,23693.95/cwt93.50–94.501,16110
Cows—Boner 80-85%1,31088.98/cwt86.50–91.501,1662
Cows—Boner 80-85%Return to Feed1,35986.14/cwt86.00–86.501,1717
Cows—Boner 80-85%1,36583.66/cwt81.00–85.001,1423
Cows—Boner 80-85%Return to Feed1,39794.15/cwt90.50–97.501,31516
Cows—Boner 80-85%Return to Feed1,44399.75/cwt99.75–99.751,4397
Cows—Breaker 75-80%Return to Feed1,66397.02/cwt95.50–98.501,6132
Cows—Breaker 75-80%1,71599.00/cwt99.00–99.001,6981
Replacement Cattle · Stock Cows6 lots · lightest first
Stock Cows—Medium 1733162.54/cwt160.00–165.001,1912
Stock Cows—Medium and Large 1923173.69/cwt133.00–188.001,60397
Stock Cows—Large 1962150.71/cwt148.00–151.001,45020
Stock Cows—Medium and Large 11,045124.03/cwt102.50–152.001,29628
Stock Cows—Medium and Large 1-21,068105.65/cwt103.00–108.001,1282
Stock Cows—Medium and Large 11,16494.93/cwt91.50–100.001,1054
Replacement Cattle · Bred Heifers2 lots · lightest first
Bred Heifers—Medium 19911,935.00/head1,935.00–1,935.001,9359
Bred Heifers—Medium and Large 11,1002,100.00/head2,100.00–2,100.002,1006

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.