Sale reports / Montana / Miles City Livestock Commission / 2023-10-24

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Oct 24
● Final80 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
3,267 head
▲ 672 vs last sale 2,595▲ 1,861 vs year ago 1,406 · +132.4%
Slaughter Cattle receipts
621 head
▼ 281 vs last sale 902▲ 340 vs year ago 281 · +121.0%
Replacement Cattle receipts
288 head
▲ 93 vs last sale 195▲ 186 vs year ago 102 · +182.4%
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Reporter comment USDA

As filed

Compared to week: Yearling steers were too lightly tested to develop any market trend. Steer calves under 500 lbs sold sharply lower, with most sales 25.00-35.00 lower, steers over 500 lbs sold mostly 15.00-20.00 lower. Yearling heifers sold generally steady in a narrow comparison. Heifer calves under 500 lbs sold sharply lower with most sales 20.00-30.00 lower, heifers over 500 lbs sold mostly 5.00-10.00 lower in a narrow comparison. Quality was mostly average this week with a limited offering of attractive calves seen. No load lots were seen again this week as most calves continue to be offered in small packages. A winter storm is poised to hit tomorrow through the end of the week and several buyers were out of the market as a result. This, coupled with a sharply lower board positions had many buyers sitting on their hands this week. CME positions closed near steady today. The Nearby October closed at 239.425, 9.375 lower than last Tuesday, while the November closed at 235.425, 15.025 lower than last Tuesdays close. This is all in response to Fridays cattle on feed report which showed on feed and placements higher than anticipated in the pre report estimates. Several sets of calves offered buyers two rounds of vaccinations; these offerings sold with the best demand as weather has many buyers concerned over calves health. Most calves continue to be light weight and in light flesh. This also hindered demand as many are concerned with calves health going into a snowstorm and with sharply colder temperatures forecasted. Market activity was mostly moderate today and not as active as last week. Weigh up cows sold on mostly light to moderate demand and moderate to heavy offerings. Demand for slaughter cows was lighter again this week as all packers showed lighter demand for cows. Slaughter cows sold mostly 4.00-5.00 lower on boning cows lean cows. Breaking cows were too lightly tested to develop an accurate market trend, however higher undertones were noticed. High quality feeding cows, suitable to feed to premium white sold 3.00-5.00 lower however quality was not as attractive this week as last. Thin feeding or turn out cows sold steady to 3.00 lower. Cow quality was mostly plain to average this week with many sets of very thin low dressing or very low dressing cows seen. Slaughter bulls sold fully steady in a narrow comparison. Weigh up conditions were mixed this week. Young age cows sold mostly 15.00 lower. Demand was significantly lighter from feeding cow buyers which allowed prices to slide lower.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $299.01/cwt on 1,386 head.
Average price
$299.01
1,386 head · 454 lb average
Value per head Derived
$1,356
Price × average weight ÷ 100
Grade differential Derived
−$221
per head · Large 1 over Medium 1-2
$73.00/cwt at this weight
vs the market
+3.70
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Large 1427315.001,34520
Medium and Large 1479300.261,437820
Medium and Large 1-2417298.581,244489
Medium 1491288.861,41914thin
Medium and Large 2375278.561,04640
Medium 1-2647242.001,5663thin
One grade step is worth $73.00/cwt here — about −$221 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 sale1,386 hd
299.01
—
MT average5 barns · 4,701 hd
295.31
+3.70
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—Average1,751104.781,83513
CowsBreaker 75-80%Low1,663108.531,8053thin
CowsBoner 80-85%Average1,38188.121,21767
CowsLean 85-90%Very Low1,14081.47929382

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 Cows2nd Stage (4-6 mo)Middle Aged/Aged (>5 yrs)1,402$1,2753thin
Bred Cows2nd Stage (4-6 mo)Aged (>8 yrs)1,254$1,2007
Bred Heifers2nd Stage (4-6 mo)(<2 yrs)803$1,98512

Every lot

80 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 · Steers22 lots · lightest first
Steers—Medium and Large 1-2Unweaned274317.50/cwt317.50–317.5087016
Steers—Medium and Large 2Unweaned317292.50/cwt292.50–292.5092721
Steers—Medium and Large 2319277.50/cwt277.50–277.508859
Steers—Medium 1Unweaned321340.00/cwt340.00–340.001,0916
Steers—Medium and Large 1Unweaned331363.69/cwt350.00–377.501,20492
Steers—Medium and Large 1-2Unweaned339317.42/cwt282.50–335.001,076106
Steers—Medium and Large 2Unweaned369262.50/cwt262.50–262.509695
Steers—Medium and Large 1Unweaned384339.48/cwt330.00–367.501,30490
Steers—Medium and Large 1-2Unweaned388308.33/cwt290.00–316.001,196102
Steers—Medium and Large 1Unweaned410328.28/cwt317.50–335.001,346109
Steers—Large 1Unweaned427315.00/cwt315.00–315.001,34520
Steers—Medium and Large 1-2Unweaned436298.27/cwt270.00–313.001,300123
Steers—Medium and Large 1Unweaned469300.96/cwt284.00–313.001,412126
Steers—Medium and Large 1-2Unweaned481277.59/cwt261.00–285.001,335103
Steers—Medium and Large 1Unweaned513282.71/cwt276.50–288.001,450193
Steers—Medium and Large 1-2Unweaned529270.49/cwt260.00–273.001,43139
Steers—Medium and Large 1Unweaned573264.08/cwt260.75–277.001,513140
Steers—Medium 1619250.50/cwt250.50–250.501,5518
Steers—Medium and Large 1Unweaned626244.86/cwt240.00–253.001,53354
Steers—Medium 1-2647242.00/cwt242.00–242.001,5663
Steers—Medium and Large 1Unweaned668234.00/cwt234.00–234.001,56316
Steers—Medium and Large 2729238.00/cwt238.00–238.001,7355
Feeder Cattle · Heifers28 lots · lightest first
Heifers—Medium and Large 1-2Unweaned235260.00/cwt260.00–260.006116
Heifers—Medium and Large 1-2Unweaned292252.96/cwt252.50–253.0073941
Heifers—Medium and Large 1Unweaned314272.50/cwt272.50–272.508568
Heifers—Medium and Large 1-2Unweaned317266.19/cwt253.00–285.0084477
Heifers—Medium and Large 1Unweaned374297.42/cwt272.50–310.001,11298
Heifers—Medium and Large 1-2Unweaned378264.80/cwt255.00–272.001,00158
Heifers—Medium and Large 1Unweaned429277.74/cwt270.00–286.001,19288
Heifers—Medium and Large 1-2Unweaned438252.39/cwt247.00–261.501,10541
Heifers—Medium and Large 1-2Unweaned465252.80/cwt249.00–257.001,17636
Heifers—Medium and Large 1Unweaned475262.93/cwt257.50–275.001,24977
Heifers—Medium and Large 1Fancy490277.00/cwt277.00–277.001,35733
Heifers—Medium and Large 1Fancy500270.00/cwt270.00–270.001,35017
Heifers—Medium 1-2527245.00/cwt245.00–245.001,29115
Heifers—Medium and Large 1Unweaned529255.97/cwt244.00–268.001,354118
Heifers—Medium and Large 1Unweaned560242.44/cwt236.00–244.001,35826
Heifers—Medium 1-2592242.20/cwt238.00–242.501,43473
Heifers—Medium 1631242.67/cwt242.00–243.001,53115
Heifers—Medium and Large 1647246.00/cwt246.00–246.001,59227
Heifers—Medium and Large 1-2649240.50/cwt240.50–240.501,56116
Heifers—Medium and Large 1-2663242.00/cwt242.00–242.001,6044
Heifers—Medium and Large 1674240.59/cwt240.00–241.001,62215
Heifers—Medium 1691237.88/cwt236.00–239.001,6448
Heifers—Medium and Large 1715238.99/cwt237.00–241.001,70930
Heifers—Medium and Large 1760235.46/cwt230.50–236.501,789126
Heifers—Medium and Large 1806233.29/cwt228.00–234.501,88050
Heifers—Medium and Large 1-2Unweaned839224.00/cwt224.00–224.001,8794
Heifers—Medium and Large 1858227.50/cwt227.50–227.501,9525
Heifers—Medium and Large 1Full905204.00/cwt204.00–204.001,8464
Slaughter Cattle · Bulls4 lots · lightest first
Bulls——1,66199.78/cwt92.00–104.001,6574
Bulls——Return to Feed1,685102.00/cwt102.00–102.001,7191
Bulls——Return to Feed1,757106.57/cwt105.00–109.501,8723
Bulls——1,833108.26/cwt106.50–110.001,9845
Slaughter Cattle · Cows15 lots · lightest first
Cows—Lean 85-90%Light Weight95072.02/cwt71.00–73.006843
Cows—Lean 85-90%Light Weight96956.13/cwt54.00–62.505444
Cows—Lean 85-90%1,06868.29/cwt62.00–71.0072924
Cows—Lean 85-90%Return to Feed1,12265.32/cwt62.00–72.5073332
Cows—Lean 85-90%Return to Feed1,13481.26/cwt74.00–86.00921184
Cows—Lean 85-90%Return to Feed1,14388.24/cwt85.00–94.001,00964
Cows—Lean 85-90%1,14978.84/cwt72.00–83.0090628
Cows—Lean 85-90%1,23286.19/cwt85.00–90.001,0624
Cows—Lean 85-90%Return to Feed1,24097.47/cwt97.00–98.001,20939
Cows—Boner 80-85%1,34062.00/cwt62.00–62.008311
Cows—Boner 80-85%Return to Feed1,37085.13/cwt77.00–91.001,16640
Cows—Boner 80-85%Return to Feed1,39894.60/cwt93.00–98.001,32325
Cows—Boner 80-85%1,42072.00/cwt72.00–72.001,0221
Cows—Breaker 75-80%1,60097.00/cwt97.00–97.001,5521
Cows—Breaker 75-80%1,695114.29/cwt112.50–116.001,9372
Replacement Cattle · Stock Cows7 lots · lightest first
Stock Cows—Medium and Large 1-2Thin Fleshed758140.00/cwt140.00–140.001,0612
Stock Cows—Medium and Large 1Thin Fleshed795142.77/cwt132.50–152.001,13518
Stock Cows—Medium and Large 1-2895127.04/cwt105.00–135.001,1379
Stock Cows—Medium and Large 1909152.18/cwt143.50–163.001,38395
Stock Cows—Medium and Large 1Thin Fleshed921107.06/cwt105.00–123.0098631
Stock Cows—Medium and Large 1-21,00798.50/cwt91.00–102.509923
Stock Cows—Medium and Large 11,014117.28/cwt105.00–122.501,18967
Replacement Cattle · Bred Heifers1 lot · lightest first
Bred Heifers—Medium and Large 18031,985.00/head1,985.00–1,985.001,98512
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 1Broken Mouth1,2541,200.00/head1,200.00–1,200.001,2007
Bred Cows—Medium and Large 1Broken Mouth1,38594.00/cwt94.00–94.001,3021
Bred Cows—Medium and Large 1-21,4021,275.00/head1,275.00–1,275.001,2753

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.