Sale reports / Montana / Miles City Livestock Commission / 2024-01-23

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Jan 23
● Final85 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
1,764 head
▲ 55 vs last sale 1,709▼ 78 vs year ago 1,842 · −4.2%
Slaughter Cattle receipts
522 head
▼ 141 vs last sale 663▲ 200 vs year ago 322 · +62.1%
Replacement Cattle receipts
720 head
▲ 436 vs last sale 284▲ 615 vs year ago 105 · +585.7%
View

Reporter comment USDA

As filed

Compared to last sale: The sale last week was canceled due to severely cold temperatures, so all comparisons are to two weeks ago. Feeder steers under 450 lbs were too lightly tested to develop an accurate market trend, however higher undertones were noticed, steers 450-499 lbs sold mostly 15.00 higher on a higher quality offering. 500-549 lbs steers sold mostly steady to 5.00 higher, steers over 550 lbs sold 5.00-15.00 higher. Heifer calves under 650 lbs sold mostly 5.00-15.00 higher. Heifers over 650 lbs were not well compared, however steady undertones were noticed. Quality this week was mostly average to attractive, and overall more attractive than last sale. Most cattle were weaned 45-100 days, with a limited offering of calves straight off the cows. Package sizes were mostly moderate this week with several partial loads seen. CME positions continue to tick higher. The January contract closed today at 231.00, while the March closed at 233.65, 7.225 and 8.775 higher respectfully compared to two weeks ago. Market activity was mostly active this week with a large buyer pool noticed of farmer feeders, ranchers and order-buyers. Demand for replacement quality cattle was good this week with several buyers looking for heifers to breed. These offerings pushed higher than last sale as feeding buyers and replacement buyers both competed over offerings. Weigh up cows sold on mostly good to very good demand for light to moderate offerings. Demand for slaughter cows was especially good as packer buyers showed need for cows for immediate harvest. With many canceled sales across the northern portion of the country last week packers are short cows. Slaughter cows sold mostly 4.00-8.00 higher on all classes. Several buyers continue to buy feeding cows as many are betting the market continues to improve. Feeding cows sold mostly 5.00-10.00 higher. Slaughter bulls sold mostly 3.00 higher in a narrow comparison. Weigh up conditions were average to below average this week. Young age cows sold on mostly moderate to good demand this week. Interest continues to be good for this class of cows, with a strong buyer pool seen again this week. Quality this week was mostly average. This class of cows sold mostly steady. Todays sale featured around 500 head of bred cows and heifers. Demand for bred stock was good to very good. A very large crowd was on hand for the bred portion of todays sale.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $281.18/cwt on 992 head.
Average price
$281.18
992 head · 552 lb average
Value per head Derived
$1,553
Price × average weight ÷ 100
Grade differential Derived
−$250
per head · Medium 1 over Large 1
$38.83/cwt at this weight
vs the market
+6.83
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1435289.141,25760
Medium and Large 1-2506281.671,42589
Medium and Large 1565281.471,590816
Large 1-2468276.001,2923thin
Large 1602250.311,50724
One grade step is worth $38.83/cwt here — about −$250 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 sale992 hd
281.18
—
MT average4 barns · 1,563 hd
274.35
+6.83
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—Low1,690102.921,73919
CowsPremium White 65-75%Average1,679102.281,71789
CowsBreaker 75-80%Low1,56898.471,54437
CowsBoner 80-85%Low1,36694.101,285129
CowsLean 85-90%Very Low1,15583.77968173

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)Young (2-4 yrs)1,133$2,1504thin
Bred Cows2nd/3rd Stage (4-9 mo)Young (2-4 yrs)1,157$1,7746
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged/Aged (>5 yrs)1,415$1,76840
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,402$1,7503thin
Bred Cows2nd/3rd Stage (4-9 mo)Aged (>8 yrs)1,359$1,544175
Bred Cows2nd Stage (4-6 mo)Aged (>8 yrs)1,349$1,39315
Bred Heifers3rd Stage (7-9 mo)(<2 yrs)1,080$2,54899
Bred Heifers2nd/3rd Stage (4-9 mo)(<2 yrs)1,030$2,399215
Bred Heifers2nd Stage (4-6 mo)(<2 yrs)947$1,90010

Every lot

85 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 · Steers19 lots · lightest first
Steers—Medium and Large 1325385.00/cwt385.00–385.001,2514
Steers—Medium and Large 1370360.00/cwt360.00–360.001,3322
Steers—Medium 1384334.00/cwt334.00–334.001,28310
Steers—Medium and Large 1-2392322.50/cwt322.50–322.501,2643
Steers—Medium and Large 1-2418335.00/cwt335.00–335.001,4005
Steers—Medium and Large 1469338.66/cwt330.00–341.001,58862
Steers—Medium and Large 1-2475311.67/cwt310.00–313.001,48011
Steers—Medium and Large 1Unweaned477305.00/cwt305.00–305.001,45524
Steers—Medium and Large 2489271.00/cwt271.00–271.001,3257
Steers—Medium and Large 1514312.98/cwt303.00–325.001,60938
Steers—Large 1555289.00/cwt289.00–289.001,6043
Steers—Medium and Large 1Unweaned557296.00/cwt296.00–296.001,64935
Steers—Medium and Large 1568306.60/cwt291.00–310.501,741162
Steers—Medium and Large 1-2573276.90/cwt275.00–277.001,58720
Steers—Medium and Large 1-2626256.16/cwt255.00–262.001,6046
Steers—Medium and Large 1627287.43/cwt277.00–294.001,802128
Steers—Medium and Large 1661270.83/cwt262.00–272.001,79034
Steers—Medium and Large 1726256.00/cwt256.00–256.001,85956
Steers—Medium and Large 1822216.00/cwt216.00–216.001,77618
Feeder Cattle · Heifers29 lots · lightest first
Heifers—Medium 1344285.00/cwt285.00–285.009806
Heifers—Medium 1368305.76/cwt301.00–311.001,12515
Heifers—Medium and Large 1393321.40/cwt315.00–325.001,26311
Heifers—Medium and Large 1417313.93/cwt312.00–320.001,30932
Heifers—Medium and Large 1-2435290.48/cwt282.00–299.001,26428
Heifers—Medium 1441286.09/cwt284.00–289.001,26217
Heifers—Medium and Large 1467305.58/cwt300.00–314.001,427108
Heifers—Large 1-2468276.00/cwt276.00–276.001,2923
Heifers—Medium and Large 1Full480297.00/cwt297.00–297.001,4265
Heifers—Medium and Large 1-2485297.00/cwt297.00–297.001,44027
Heifers—Medium 1495282.02/cwt274.00–292.001,39618
Heifers—Medium and Large 1-2517284.26/cwt277.00–285.001,47022
Heifers—Medium 1524278.00/cwt278.00–278.001,4574
Heifers—Medium and Large 1526297.81/cwt288.00–306.001,566261
Heifers—Medium and Large 1Replacement544289.00/cwt289.00–289.001,57248
Heifers—Medium and Large 1563275.39/cwt266.00–289.001,55045
Heifers—Medium and Large 1-2563261.00/cwt261.00–261.001,4692
Heifers—Large 1567256.00/cwt256.00–256.001,4523
Heifers—Medium and Large 1Replacement605271.90/cwt271.00–273.501,645156
Heifers—Large 1607249.50/cwt249.50–249.501,51421
Heifers—Medium and Large 1Fleshy646242.00/cwt242.00–242.001,56321
Heifers—Medium and Large 1676247.46/cwt238.00–250.501,67389
Heifers—Medium and Large 1-2680226.00/cwt226.00–226.001,5375
Heifers—Medium and Large 1-2718207.50/cwt207.50–207.501,4902
Heifers—Medium and Large 1Fleshy742207.00/cwt207.00–207.001,53610
Heifers—Medium and Large 1-2800198.50/cwt198.50–198.501,5883
Heifers—Medium and Large 1846202.50/cwt202.50–202.501,71310
Heifers—Medium and Large 1876200.00/cwt200.00–200.001,75218
Heifers—Medium and Large 1985199.00/cwt199.00–199.001,9602
Feeder Cattle · Bulls1 lot · lightest first
Bulls—Medium and Large 1695217.00/cwt217.00–217.001,5087
Slaughter Cattle · Bulls4 lots · lightest first
Bulls——Return to Feed1,210114.00/cwt114.00–114.001,3792
Bulls——1,63394.12/cwt86.00–103.001,5379
Bulls——1,783109.10/cwt105.00–111.001,9454
Bulls——1,963111.00/cwt111.00–111.002,1794
Slaughter Cattle · Cows15 lots · lightest first
Cows—Lean 85-90%Light Weight97276.18/cwt76.00–77.007405
Cows—Lean 85-90%1,02863.03/cwt62.00–64.006482
Cows—Lean 85-90%Return to Feed1,10987.13/cwt87.00–87.5096613
Cows—Lean 85-90%Return to Feed1,11781.03/cwt72.00–85.0090556
Cows—Lean 85-90%1,18381.80/cwt72.00–87.0096845
Cows—Lean 85-90%1,20589.35/cwt87.00–98.001,07750
Cows—Lean 85-90%Return to Feed1,220100.00/cwt100.00–100.001,2201
Cows—Lean 85-90%Return to Feed1,26067.00/cwt67.00–67.008441
Cows—Boner 80-85%Return to Feed1,35499.53/cwt93.50–102.001,34853
Cows—Boner 80-85%1,36686.63/cwt83.00–92.001,18320
Cows—Boner 80-85%Return to Feed1,37486.67/cwt85.00–89.501,19117
Cows—Boner 80-85%1,37993.79/cwt92.00–100.001,29339
Cows—Breaker 75-80%1,56899.57/cwt96.00–100.501,56133
Cows—Breaker 75-80%1,56889.37/cwt89.00–89.501,4014
Cows—Premium White 65-75%1,679102.28/cwt101.00–105.001,71789
Replacement Cattle · Stock Cows2 lots · lightest first
Stock Cows—Medium and Large 11,012138.99/cwt120.00–182.001,40757
Stock Cows—Medium and Large 11,094112.78/cwt96.00–129.001,23428
Replacement Cattle · Bred Cows9 lots · lightest first
Bred Cows—Medium and Large 11,1332,150.00/head2,150.00–2,150.002,1504
Bred Cows—Medium and Large 1-21,1571,773.67/head1,750.00–1,800.001,7746
Bred Cows—Medium and Large 1-2Broken Mouth1,2051,302.50/head1,300.00–1,325.001,30341
Bred Cows—Medium and Large 1-2Broken Mouth1,3301,400.00/head1,400.00–1,400.001,40013
Bred Cows—Medium and Large 1-2Thin Fleshed1,3421,275.00/head1,275.00–1,275.001,2753
Bred Cows—Medium and Large 1-21,4021,750.00/head1,750.00–1,750.001,7503
Bred Cows—Medium and Large 1Broken Mouth1,4071,625.11/head1,525.00–1,675.001,625131
Bred Cows—Medium and Large 11,4151,768.22/head1,575.00–1,835.001,76840
Bred Cows—Medium and Large 1Broken Mouth1,4701,350.00/head1,350.00–1,350.001,3502
Replacement Cattle · Bred Heifers6 lots · lightest first
Bred Heifers—Medium 1-27571,750.00/head1,750.00–1,750.001,75010
Bred Heifers—Medium and Large 18891,750.00/head1,750.00–1,750.001,7504
Bred Heifers—Medium 19162,275.00/head2,275.00–2,275.002,27517
Bred Heifers—Medium 19862,000.00/head2,000.00–2,000.002,0006
Bred Heifers—Medium and Large 11,0552,444.75/head2,350.00–2,550.002,445188
Bred Heifers—Medium and Large 11,0802,548.32/head2,425.00–2,650.002,54899

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.