Sale reports / Montana / Miles City Livestock Commission / 2024-02-13

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Feb 13
● Final57 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
532 head
▼ 1,014 vs last sale 1,546▲ 172 vs year ago 360 · +47.8%
Slaughter Cattle receipts
182 head
▼ 16 vs last sale 198▲ 151 vs year ago 31 · +487.1%
Replacement Cattle receipts
34 head
▼ 84 vs last sale 118▼ 247 vs year ago 281 · −87.9%
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Reporter comment USDA

As filed

Compared to last sale: Feeder steers and heifers were too lightly tested to develop a full market trend, however steady undertones were noticed. Demand was mostly moderate to good for light offerings. Quality this week was mixed from plain to attractive. Most cattle were weaned 45-100 days. Package sizes were small this week forcing buyers to piece together loads. CME positions sold off slightly today, however prices week over week continue to push higher. The March contract closed today at 248.00, 1.325 higher than last Tuesdays close. The April contract closed at 251.75 today, 0.05 higher than last Tuesdays close. Market activity was mostly moderate to active this week. Weigh up cows sold on mostly good to very good demand for light offerings. Demand for slaughter cows was good to very good as packers pushed to fill loads on light offerings. Slaughter cows sold mostly 2.00-3.00 higher on breaking cows. Boning and lean cows sold mostly 3.00-6.00 higher. Several buyers continue to buy feeding cows as many are betting the market continues to improve. Both packer and private feeding cow buyers both pushed high quality feeding cows higher with light supplies fueling higher prices. Feeding offerings sold mostly 5.00-6.00 higher. Slaughter bulls sold mostly 5.00-10.00 higher in a narrow comparison. Weigh up conditions were mixed today. Several sets of fed cows were pushing moderate amounts of tag. Young age cows sold on mostly good demand this week. Feeding buyers continue to buy coming 2 and some coming 3 year old cows to feed, especially ones who haven't calved and buyers can try to feed to choice. Quality this week was mostly average. This class of cows was too lightly tested to develop a full market trend, steady undertones were noticed.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $280.61/cwt on 320 head.
Average price
$280.61
320 head · 560 lb average
Value per head Derived
$1,570
Price × average weight ÷ 100
Grade differential Derived
−$319
per head · Medium and Large 1-2 over Large 1
$69.04/cwt at this weight
vs the market
−1.07
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2410307.241,2599thin
Medium and Large 2382300.001,1463thin
Medium 1525286.001,5026thin
Medium and Large 1563280.931,582292
Large 1663238.201,57810thin
One grade step is worth $69.04/cwt here — about −$319 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 sale320 hd
280.61
—
MT average3 barns · 1,512 hd
281.68
−1.07
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—High1,808120.162,17212
CowsPremium White 65-75%Average1,556111.111,72829
CowsBreaker 75-80%Average1,473104.981,54625
CowsBoner 80-85%Average1,361102.101,39043
CowsLean 85-90%Very Low1,157100.071,15868

Every lot

57 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 · Steers12 lots · lightest first
Steers—Medium and Large 1-2380351.00/cwt351.00–351.001,3343
Steers—Medium 1383342.50/cwt342.50–342.501,3123
Steers—Medium and Large 1393360.00/cwt360.00–360.001,4153
Steers—Medium 1411344.47/cwt335.00–348.001,41614
Steers—Medium and Large 1419351.00/cwt351.00–351.001,4715
Steers—Medium and Large 1-2453330.00/cwt330.00–330.001,4953
Steers—Medium and Large 1464346.13/cwt346.00–346.501,60626
Steers—Medium and Large 1-2526324.11/cwt321.00–325.001,7059
Steers—Medium and Large 1534330.29/cwt326.00–333.001,76438
Steers—Medium and Large 1617293.75/cwt291.00–295.501,81220
Steers—Medium and Large 1-2679244.74/cwt244.50–245.001,6626
Steers—Medium and Large 1-2733235.00/cwt235.00–235.001,7233
Feeder Cattle · Heifers14 lots · lightest first
Heifers—Medium and Large 1345338.00/cwt338.00–338.001,1667
Heifers—Medium and Large 1369342.00/cwt342.00–342.001,2625
Heifers—Medium and Large 2382300.00/cwt300.00–300.001,1463
Heifers—Medium and Large 1-2387313.60/cwt311.00–314.001,2147
Heifers—Medium and Large 1434333.00/cwt333.00–333.001,4457
Heifers—Medium and Large 1487307.06/cwt301.00–313.001,49559
Heifers—Medium and Large 1-2490285.00/cwt285.00–285.001,3972
Heifers—Medium 1525286.00/cwt286.00–286.001,5026
Heifers—Medium and Large 1535296.45/cwt291.00–310.001,58628
Heifers—Medium and Large 1568279.36/cwt276.50–285.001,58792
Heifers—Large 1593257.00/cwt257.00–257.001,5246
Heifers—Medium and Large 1621263.57/cwt254.50–274.001,63727
Heifers—Medium and Large 1663244.64/cwt240.00–246.501,62267
Heifers—Large 1767210.00/cwt202.50–212.501,6114
Feeder Cattle · Bulls2 lots · lightest first
Bulls—Medium and Large 1-2518303.00/cwt303.00–303.001,5703
Bulls—Medium and Large 1843199.00/cwt199.00–199.001,6782
Slaughter Cattle · Bulls6 lots · lightest first
Bulls——Light Weight1,365110.00/cwt110.00–110.001,5021
Bulls——1,730124.12/cwt118.00–131.002,1475
Bulls——1,733107.10/cwt94.00–116.501,8563
Bulls——1,885135.00/cwt135.00–135.002,5451
Bulls——2,095132.00/cwt132.00–132.002,7651
Bulls——Heavy Weight2,500123.00/cwt123.00–123.003,0751
Slaughter Cattle · Cows20 lots · lightest first
Cows—Lean 85-90%Light Weight89864.22/cwt63.00–65.505772
Cows—Lean 85-90%1,09574.00/cwt74.00–74.008101
Cows—Lean 85-90%1,11190.85/cwt81.00–96.001,00915
Cows—Lean 85-90%1,178104.33/cwt95.00–106.001,22929
Cows—Lean 85-90%1,179106.75/cwt106.75–106.751,25918
Cows—Lean 85-90%Return to Feed1,24897.49/cwt96.50–98.001,2173
Cows—Boner 80-85%1,318102.99/cwt97.50–107.501,35723
Cows—Boner 80-85%Return to Feed1,34093.69/cwt91.00–95.001,2553
Cows—Boner 80-85%1,36894.89/cwt87.00–98.001,2986
Cows—Boner 80-85%Return to Feed1,417104.39/cwt97.00–109.001,4797
Cows—Breaker 75-80%Return to Feed1,445102.00/cwt102.00–102.001,4741
Cows—Breaker 75-80%1,448106.22/cwt104.00–108.001,53810
Cows—Breaker 75-80%1,459101.71/cwt99.50–103.501,4849
Cows—Breaker 75-80%Return to Feed1,465106.00/cwt106.00–106.001,5531
Cows—Boner 80-85%Return to Feed1,470110.32/cwt110.00–111.001,6223
Cows—Premium White 65-75%1,497117.00/cwt117.00–117.001,7516
Cows—Premium White 65-75%1,551110.90/cwt107.00–113.001,72019
Cows—Breaker 75-80%1,576109.75/cwt109.75–109.751,7304
Cows—Boner 80-85%1,660109.50/cwt109.50–109.501,8181
Cows—Premium White 65-75%1,665103.28/cwt101.00–105.501,7204
Replacement Cattle · Stock Cows2 lots · lightest first
Stock Cows—Medium and Large 11,033164.98/cwt132.00–190.001,7049
Stock Cows—Medium and Large 11,052136.31/cwt107.00–148.001,4345
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 1-21,163119.50/cwt119.50–119.501,39011

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.