Sale reports / Montana / Miles City Livestock Commission / 2023-10-03

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Oct 3
● Final62 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
978 head
▲ 169 vs last sale 809▼ 134 vs year ago 1,112 · −12.1%
Slaughter Cattle receipts
375 head
▲ 274 vs last sale 101▲ 144 vs year ago 231 · +62.3%
Replacement Cattle receipts
82 head
▼ 5 vs last sale 87▲ 13 vs year ago 69 · +18.8%
View

Reporter comment USDA

As filed

Compared to week: Feeder steers were all too lightly tested to develop an accurate market trend, however higher undertones were noticed on yearlings under 800 lbs and lower undertones were noticed on yearlings over 800 lbs. Yearling heifers under 850 lbs sold mostly 3.00-5.00 higher. Heifers over 850 lbs were not well compared, however lower undertones were noticed. Demand for both sexes of lightweight yearlings (under 850 lbs) was good to very good as buyers look to market most of these offerings against the April live cattle contract. Most of these consignments were in light flesh as many were coming off grass and out of country disseminated by grasshoppers. 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, steady undertones were noticed. CME positions traded off sharply again today. Feeder cattle contracts closed 4.725 lower on the October to close at 248.60 while the November closed at 250.60, 5.35 lower. Market activity was mostly active today. Weigh up cows sold on mostly moderate demand for light offerings. Demand for slaughter cows was lighter this week as all packers showed lighter demand for cows. Slaughter cows sold 3.00-4.00 lower on all classes in a narrow comparison. Feeding cows sold 3.00-4.00 lower in a narrow comparison. Slaughter bulls sold 4.00-5.00 lower. Weigh up conditions were mixed this week. Young age cows were too lightly tested last week to develop an accurate market trend, steady undertones were noticed. 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 $263.36/cwt on 606 head.
Average price
$263.36
606 head · 673 lb average
Value per head Derived
$1,772
Price × average weight ÷ 100
Grade differential Derived
−$1,156
per head · Medium and Large 1-2 over Large 1
$82.07/cwt at this weight
vs the market
+13.11
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2392293.081,14820
Medium 1614272.021,66990
Medium and Large 1694261.341,814481
Medium 1-2616242.881,49712thin
Large 11,092211.002,3043thin
One grade step is worth $82.07/cwt here — about −$1,156 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 sale606 hd
263.36
—
MT average3 barns · 1,651 hd
250.25
+13.11
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—Low1,694105.651,78920
CowsBreaker 75-80%Low1,515108.001,63611
CowsBoner 80-85%Average1,383103.621,43361
CowsLean 85-90%Average1,11391.641,019236

Every lot

62 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 · Steers16 lots · lightest first
Steers—Medium and Large 1Unweaned376350.00/cwt350.00–350.001,3164
Steers—Medium and Large 1-2Unweaned463294.79/cwt287.50–302.001,3652
Steers—Medium and Large 1Unweaned468313.21/cwt311.00–322.501,4669
Steers—Medium and Large 1Unweaned516303.06/cwt301.00–313.001,56423
Steers—Medium 1-2517254.00/cwt254.00–254.001,3137
Steers—Medium and Large 1Unweaned556293.00/cwt293.00–293.001,62910
Steers—Medium and Large 1Thin Fleshed563288.10/cwt287.00–290.001,6228
Steers—Medium and Large 1-2Unweaned580283.00/cwt283.00–283.001,6411
Steers—Medium 1604275.00/cwt275.00–275.001,6614
Steers—Medium and Large 1681282.50/cwt282.50–282.501,92411
Steers—Medium and Large 1Thin Fleshed700286.00/cwt286.00–286.002,00211
Steers—Medium and Large 1-2703268.00/cwt268.00–268.001,8842
Steers—Medium and Large 1722273.20/cwt271.50–275.001,97374
Steers—Medium and Large 1840245.50/cwt245.50–245.502,06275
Steers—Medium and Large 1-2849243.00/cwt243.00–243.002,0635
Steers—Medium and Large 1-2930234.86/cwt232.50–236.002,1843
Feeder Cattle · Heifers22 lots · lightest first
Heifers—Medium and Large 1-2Unweaned270317.50/cwt317.50–317.508577
Heifers—Medium and Large 1-2Unweaned314295.00/cwt295.00–295.009269
Heifers—Medium and Large 1Unweaned336318.00/cwt318.00–318.001,06839
Heifers—Medium and Large 1Unweaned350307.00/cwt307.00–307.001,0758
Heifers—Medium 1-2Unweaned372252.50/cwt252.50–252.509395
Heifers—Medium and Large 1Unweaned476282.98/cwt282.50–283.001,34720
Heifers—Medium and Large 1Unweaned501268.00/cwt268.00–268.001,34322
Heifers—Medium 1576275.50/cwt275.50–275.501,5879
Heifers—Medium 1Thin Fleshed578283.18/cwt282.50–284.001,63734
Heifers—Medium and Large 1Unweaned588250.00/cwt250.00–250.001,4703
Heifers—Medium 1640266.60/cwt266.00–269.501,70637
Heifers—Medium and Large 1661269.50/cwt267.50–270.501,781128
Heifers—Medium 1672251.00/cwt251.00–251.001,68710
Heifers—Medium and Large 1730261.23/cwt258.00–264.751,90789
Heifers—Medium and Large 1Thin Fleshed750265.50/cwt265.50–265.501,9918
Heifers—Medium and Large 1752249.00/cwt249.00–249.001,87225
Heifers—Medium and Large 1-2780246.00/cwt246.00–246.001,9194
Heifers—Medium 1-2791236.00/cwt236.00–236.001,8677
Heifers—Medium and Large 1811243.15/cwt235.00–245.501,97231
Heifers—Medium and Large 1852236.87/cwt231.00–237.002,01846
Heifers—Medium and Large 1920226.00/cwt223.50–232.002,07962
Heifers—Large 11,092211.00/cwt211.00–211.002,3043
Feeder Cattle · Bulls1 lot · lightest first
Bulls—Medium and Large 1Unweaned555290.00/cwt290.00–290.001,6103
Slaughter Cattle · Bulls4 lots · lightest first
Bulls——Return to Feed1,418104.12/cwt103.50–105.001,4764
Bulls——Return to Feed1,555113.26/cwt113.00–114.001,7613
Bulls——1,809101.63/cwt92.50–108.001,8389
Bulls——1,813110.52/cwt108.00–113.002,0044
Slaughter Cattle · Cows15 lots · lightest first
Cows—Lean 85-90%Light Weight88461.25/cwt61.00–62.005414
Cows—Lean 85-90%Light Weight88980.94/cwt75.00–87.0072010
Cows—Lean 85-90%1,07078.00/cwt78.00–78.008351
Cows—Lean 85-90%1,09287.86/cwt78.00–95.00959132
Cows—Lean 85-90%Return to Feed1,13496.38/cwt91.00–100.001,09339
Cows—Lean 85-90%Return to Feed1,186110.39/cwt109.50–111.001,3094
Cows—Lean 85-90%Return to Feed1,211102.86/cwt98.00–109.001,24637
Cows—Lean 85-90%1,23798.86/cwt98.00–105.501,2239
Cows—Boner 80-85%1,361104.84/cwt102.00–110.501,42715
Cows—Boner 80-85%Return to Feed1,372105.81/cwt104.00–110.501,45235
Cows—Boner 80-85%1,44793.28/cwt89.00–95.001,35010
Cows—Boner 80-85%Return to Feed1,455112.00/cwt112.00–112.001,6301
Cows—Breaker 75-80%1,501108.86/cwt108.00–109.001,6347
Cows—Breaker 75-80%Return to Feed1,510110.00/cwt110.00–110.001,6612
Cows—Breaker 75-80%1,570103.00/cwt103.00–103.001,6172
Replacement Cattle · Stock Cows4 lots · lightest first
Stock Cows—Medium 1623110.00/cwt110.00–110.006852
Stock Cows—Medium and Large 1-2875120.00/cwt120.00–120.001,0501
Stock Cows—Medium and Large 1935158.39/cwt147.00–172.001,48142
Stock Cows—Medium and Large 1986134.88/cwt109.00–153.001,33032

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.