Sale reports / Montana / Miles City Livestock Commission / 2023-09-26

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Sep 26
● Final60 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
809 head
▼ 225 vs last sale 1,034▲ 178 vs year ago 631 · +28.2%
Slaughter Cattle receipts
101 head
▼ 182 vs last sale 283▼ 117 vs year ago 218 · −53.7%
Replacement Cattle receipts
87 head
▲ 72 vs last sale 15▲ 66 vs year ago 21 · +314.3%
View

Reporter comment USDA

As filed

Compared to week: Feeder steers were all too lightly tested to develop an accurate market trend, however steady undertones were noticed. Yearling heifers over 700 lbs sold mostly 3.00-6.00 lower. Heifers under 700 lbs were not well compared, however steady to firm undertones were noticed. Demand for yearlings was mostly moderate, however lighter demand was seen later in the day as buyers filled loads and following a sharply lower close on the board of trade. Consignments of spring born calves have been slow to come to market. Some late season rains have helped green up pastures and allowed ranchers to keep cows and calves out on grass. Calves sold on mostly moderate demand for light offerings. Not enough steer or heifer calves were seen this week to develop an accurate market trend. CME positions traded off today as outside equities pressured the market lower. Feeder cattle contracts closed 4.95 lower on the October to close at 253.875 while the November closed at 256.875, 5.825 lower. Market activity was mostly moderate today. Weigh up cows sold on mostly moderate to good demand for light offerings. Demand for all cows was good today as feeding buyers and packer buyers both were aggressively over limited offerings. Breaking cows were not well compared. Very few cows were purchased to slaughter this week as packers purchased most cows to send to feed. Boning and lean cows sold generally steady in a very narrow comparison. Feeding cows sold steady to firm in a narrow comparison. Slaughter bulls sold generally steady. Feeding bulls sold mostly steady to firm. Weigh up conditions were average to below average as many cows and bulls were pushing some fill today. Young age cows were too lightly tested last week to develop any market trend. Good demand was seen for all offerings.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $252.98/cwt on 513 head.
Average price
$252.98
513 head · 728 lb average
Value per head Derived
$1,841
Price × average weight ÷ 100
Grade differential Derived
−$1,059
per head · Medium and Large 2 over Large 1-2
$98.00/cwt at this weight
vs the market
+7.51
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 2373285.001,0636thin
Medium and Large 1735253.081,861457
Medium and Large 1-2679251.571,70845
Medium 1755240.001,8123thin
Large 1-21,135187.002,1222thin
One grade step is worth $98.00/cwt here — about −$1,059 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 sale513 hd
252.98
—
MT average3 barns · 1,216 hd
245.47
+7.51
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—Low1,519110.171,67323
CowsBreaker 75-80%Average1,485112.501,6711thin
CowsBoner 80-85%High1,395108.721,51713
CowsLean 85-90%Low1,13098.271,11160

Every lot

60 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 and Large 1-2Unweaned287355.00/cwt355.00–355.001,0193
Steers—Medium and Large 1-2Unweaned309337.50/cwt337.50–337.501,04314
Steers—Medium and Large 1Unweaned349342.50/cwt342.50–342.501,1955
Steers—Medium and Large 2Unweaned403292.00/cwt292.00–292.001,1775
Steers—Medium and Large 1Unweaned430326.37/cwt326.00–340.001,40337
Steers—Medium 1571276.00/cwt276.00–276.001,5768
Steers—Medium 1665270.40/cwt270.00–270.501,79821
Steers—Medium and Large 2704242.00/cwt242.00–242.001,7045
Steers—Medium and Large 1705268.00/cwt268.00–268.001,8892
Steers—Medium 1714265.00/cwt265.00–265.001,8929
Steers—Medium and Large 1-2723252.00/cwt252.00–252.001,8222
Steers—Medium and Large 1-2778252.00/cwt252.00–252.001,9612
Steers—Medium and Large 1782264.50/cwt264.50–264.502,0683
Steers—Medium and Large 1820255.04/cwt251.00–258.002,09121
Steers—Medium and Large 1-2865242.42/cwt235.50–244.002,09711
Feeder Cattle · Heifers21 lots · lightest first
Heifers—Medium and Large 1-2Unweaned300305.00/cwt305.00–305.009158
Heifers—Medium and Large 1Unweaned326334.00/cwt334.00–334.001,0894
Heifers—Medium and Large 2Unweaned373285.00/cwt285.00–285.001,0636
Heifers—Medium and Large 1Unweaned387307.50/cwt307.00–310.001,19046
Heifers—Medium and Large 1Unweaned423298.00/cwt298.00–298.001,2615
Heifers—Medium and Large 1648270.00/cwt270.00–270.001,75062
Heifers—Medium and Large 1660269.00/cwt269.00–269.001,77515
Heifers—Medium and Large 1710256.99/cwt255.00–258.001,82528
Heifers—Medium and Large 1-2721245.97/cwt241.00–248.501,77312
Heifers—Medium and Large 1Full743244.97/cwt241.00–249.001,8208
Heifers—Medium 1755240.00/cwt240.00–240.001,8123
Heifers—Medium and Large 1Full768237.00/cwt237.00–237.001,8202
Heifers—Medium and Large 1-2772238.22/cwt237.00–239.001,83923
Heifers—Medium and Large 1776245.24/cwt240.50–250.001,903124
Heifers—Medium and Large 1820236.16/cwt232.00–238.751,93769
Heifers—Medium and Large 1-2873225.00/cwt225.00–225.001,9642
Heifers—Medium and Large 1880230.64/cwt229.00–233.502,03063
Heifers—Medium and Large 1914229.21/cwt228.50–230.752,09519
Heifers—Medium and Large 1957225.46/cwt224.75–229.002,1586
Heifers—Medium and Large 1Full994222.92/cwt222.50–223.502,2166
Heifers—Large 1-21,135187.00/cwt187.00–187.002,1222
Slaughter Cattle · Bulls5 lots · lightest first
Bulls——Light Weight1,082104.53/cwt103.50–105.001,1313
Bulls——Return to Feed1,474115.70/cwt113.00–119.001,7057
Bulls——Return to Feed1,608108.85/cwt106.50–113.501,7507
Bulls——1,680107.10/cwt102.00–111.501,7995
Bulls——1,710113.00/cwt113.00–113.001,9321
Slaughter Cattle · Cows14 lots · lightest first
Cows—Lean 85-90%Light Weight87867.59/cwt66.00–69.005932
Cows—Lean 85-90%Light Weight90088.20/cwt84.00–92.007942
Cows—Lean 85-90%1,08884.00/cwt84.00–84.009146
Cows—Lean 85-90%Return to Feed1,129107.14/cwt102.00–109.001,21011
Cows—Lean 85-90%Return to Feed1,14897.64/cwt94.00–98.001,12114
Cows—Lean 85-90%1,15290.06/cwt86.00–95.501,03710
Cows—Lean 85-90%Return to Feed1,174111.48/cwt111.00–113.001,30910
Cows—Lean 85-90%1,189102.59/cwt99.00–107.001,2204
Cows—Lean 85-90%1,230109.50/cwt109.50–109.501,3471
Cows—Boner 80-85%1,33092.50/cwt92.50–92.501,2301
Cows—Boner 80-85%Return to Feed1,384110.87/cwt107.00–112.501,5346
Cows—Boner 80-85%Return to Feed1,414116.34/cwt116.00–116.501,6453
Cows—Boner 80-85%Return to Feed1,420102.19/cwt99.00–104.001,4513
Cows—Breaker 75-80%Return to Feed1,485112.50/cwt112.50–112.501,6711
Replacement Cattle · Stock Cows5 lots · lightest first
Stock Cows—Medium and Large 1-2870109.00/cwt109.00–109.009481
Stock Cows—Large 1885125.00/cwt125.00–125.001,1061
Stock Cows—Medium and Large 1892162.54/cwt140.00–190.001,45046
Stock Cows—Medium and Large 1-2908140.11/cwt125.00–148.001,2723
Stock Cows—Medium and Large 11,100122.02/cwt111.50–125.001,34210

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.