Sale reports / Montana / Miles City Livestock Commission / 2023-07-11

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Jul 11
● Final39 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
55 head
▲ 1 vs last sale 54▲ 35 vs year ago 20 · +175.0%
Slaughter Cattle receipts
406 head
▼ 176 vs last sale 582▼ 101 vs year ago 507 · −19.9%
Replacement Cattle receipts
90 head
▼ 40 vs last sale 130▲ 7 vs year ago 83 · +8.4%
View

Reporter comment USDA

As filed

Compared to last week: Feeder cattle were all too lightly tested to develop any market trend. Demand was mostly very good for very light offerings. Quality this sale was mostly plain. Most feeder cattle were offered as singles or in very small groups. Market activity was mostly active this week despite limited offerings. Weigh up cows comprised most of the offering today. Packers showed good to very good demand for both slaughter and feeding cows. Several packers or order buyers buying for packers were active this week in purchasing cows this week. Breaking and boning cows sold mostly 3.00-5.00 higher, lean cows sold 5.00-8.00 higher in a narrow comparison. Packers were aggressive as they pushed to fill slaughter needs. Several loads of cows were purchased to feed to premium white as cow quality was attractive to very attractive this week. Feeding cows sold 4.00-5.00 higher. Slaughter bulls sold fully steady. Demand for cows out paced bulls this week as several sets of high quality cows out sold bulls today. Weigh up conditions were average to above average early in the sale but deteriorated as the day progressed and cows tanked up in the heat. Young age cows sold 8.00-10.00 higher in a narrow comparison. Demand was mostly good for light offerings. Quality was mostly average to attractive this week and higher than last sale. Feeding buyers and rebreed buyers both showed good demand for offerings this week. Lower corn prices allowed feeding buyers to become more aggressive as they purchased young age cows for that purpose.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $249.76/cwt on 21 head.
Average price
$249.76
21 head · 664 lb average
Value per head Derived
$1,659
Price × average weight ÷ 100
Grade differential Derived
−$200
per head · Medium and Large 1-2 over Medium and Large 1
$9.52/cwt at this weight
vs the market
+8.35
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2624253.381,58013thin
Medium and Large 1730243.861,7808thin
One grade step is worth $9.52/cwt here — about −$200 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 sale21 hd
249.76
—
MT average2 barns · 82 hd
241.41
+8.35
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—Average1,653116.731,930102
CowsBreaker 75-80%High1,510114.451,72889
CowsBoner 80-85%High1,376110.631,523147
CowsLean 85-90%High1,195101.591,21445

Every lot

39 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 · Steers5 lots · lightest first
Steers—Medium and Large 1-2544260.00/cwt260.00–260.001,4145
Steers—Medium and Large 1-2600259.00/cwt259.00–259.001,5546
Steers—Medium and Large 1709248.00/cwt248.00–248.001,7585
Steers—Medium and Large 1765236.97/cwt235.00–238.001,8133
Steers—Medium and Large 1-2893220.00/cwt220.00–220.001,9652
Feeder Cattle · Heifers5 lots · lightest first
Heifers—Medium and Large 1-2546239.00/cwt239.00–239.001,3054
Heifers—Medium and Large 1-2617240.00/cwt240.00–240.001,4815
Heifers—Medium and Large 1645264.00/cwt264.00–264.001,7031
Heifers—Medium and Large 1705231.00/cwt231.00–231.001,6291
Heifers—Medium and Large 1780223.52/cwt220.00–227.001,7432
Slaughter Cattle · Bulls8 lots · lightest first
Bulls——Light Weight1,11097.47/cwt90.00–105.001,0824
Bulls——Light Weight1,185114.50/cwt113.00–116.001,3572
Bulls——Return to Feed1,276121.00/cwt121.00–121.001,5448
Bulls——1,615108.73/cwt103.50–113.001,75620
Bulls——1,673117.00/cwt113.00–122.001,95746
Bulls——1,914125.76/cwt122.00–130.502,40717
Bulls——Natural1,931127.97/cwt125.00–130.002,4714
Bulls——2,095113.00/cwt113.00–113.002,3671
Slaughter Cattle · Cows16 lots · lightest first
Cows—Lean 85-90%Light Weight96099.00/cwt99.00–99.009501
Cows—Lean 85-90%Light Weight98597.50/cwt97.50–97.509601
Cows—Lean 85-90%1,09580.61/cwt76.00–86.008832
Cows—Lean 85-90%1,176101.66/cwt96.50–105.001,19620
Cows—Lean 85-90%1,19692.83/cwt90.00–95.501,1107
Cows—Lean 85-90%1,248111.97/cwt111.50–112.501,3972
Cows—Lean 85-90%Return to Feed1,271108.92/cwt108.00–109.001,38412
Cows—Boner 80-85%1,346114.72/cwt112.00–120.501,54433
Cows—Boner 80-85%Return to Feed1,366112.86/cwt108.00–118.501,54242
Cows—Boner 80-85%1,37896.12/cwt92.00–101.001,3255
Cows—Boner 80-85%Return to Feed1,387108.81/cwt103.00–112.501,50939
Cows—Boner 80-85%1,413107.57/cwt100.00–112.501,52028
Cows—Breaker 75-80%Return to Feed1,464112.67/cwt112.50–113.001,64933
Cows—Breaker 75-80%1,510111.72/cwt108.00–113.001,68710
Cows—Breaker 75-80%1,538116.21/cwt114.50–117.001,78741
Cows—Breaker 75-80%Return to Feed1,579117.23/cwt115.75–118.251,8515
Replacement Cattle · Stock Cows5 lots · lightest first
Stock Cows—Medium and Large 1-2947150.42/cwt142.50–165.001,4249
Stock Cows—Medium and Large 11,028160.84/cwt129.00–180.001,65325
Stock Cows—Medium and Large 1-21,055107.00/cwt107.00–107.001,1291
Stock Cows—Medium and Large 11,147132.09/cwt110.00–162.501,51540
Stock Cows—Medium and Large 11,321110.98/cwt110.50–112.501,4664

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.