Sale reports / Montana / Miles City Livestock Commission / 2024-03-12

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Mar 12
● Final72 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
563 head
▼ 380 vs last sale 943▼ 410 vs year ago 973 · −42.1%
Slaughter Cattle receipts
212 head
▼ 3 vs last sale 215▲ 169 vs year ago 43 · +393.0%
Replacement Cattle receipts
80 head
▼ 421 vs last sale 501▲ 43 vs year ago 37 · +116.2%
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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 on steers and higher undertones were noticed on heifers. Demand was mostly good for light offerings. Quality this week was mostly plain to average with a limited offering of attractive cattle seen. Plain to average quality calves sold on good demand, much like last week. Most cattle were long weaned from 45-100 days. Package sizes were mostly small this week with no load lots seen. CME positions pushed higher today but traded mostly lower late last week and early this week. The March contract closed today at 248.975, 3.325 lower than last Tuesdays close. The April closed at 254.125 today, 3.05 lower than last Tuesdays close. Market activity was mostly moderate to active this week with a large crowd on hand. Ranchers and order buyers were both very active as they bid on offerings today. Weigh up cows sold on mostly good to very good demand for light to moderate offerings. Demand for slaughter cows was good to very good with additional buyers in the market this week. Packers opted to send all cows to immediate harvest this week as supplies remain tight. Slaughter cows sold mostly steady to 3.00 higher on breaking and boning cows, lean cows sold mostly 2.00-5.00 higher. Very few feeding cows were seen this week thus no comparisons can be made. Slaughter bulls were too lightly tested last week to develop a full market trend, however higher undertones were noticed. Weigh up conditions were mixed today. Young cows suitable to feed or rebreed sold on good demand again this week. This class sold mostly firm in a narrow comparison. Young cow quality was mostly average to attractive this week.

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $305.91/cwt on 172 head. That ranks 1 of 14 comparable sales and sits −108.02 against this barn's trailing median of $413.93.
Average price
$305.91
172 head · 548 lb average
Value per head Derived
$1,676
Price × average weight ÷ 100
Grade differential Derived
$201
per head · Medium and Large 1 over Medium and Large 2
$34.64/cwt at this weight
vs the market
−4.52
vs MT average
+29.74 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1547307.641,684160
Medium and Large 1-2558284.681,58910thin
Medium and Large 2543273.001,4822thin
One grade step is worth $34.64/cwt here — about $201 a head. Across this sale the premium is widest at 500–600 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 500–600 lb

Same class and week · spot auction only
This sale172 hd
305.91
—
MT average2 barns · 754 hd
310.43
−4.52
National average176 barns · 16,729 hd
276.17
+29.74
This barn, trailing median14 sales
413.93
−108.02
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

This barn's trailing prices 500–600 lb

14 sales
482436390343median 413.9303/1004/0708/2510/1311/03
Heifers 500–600 lb: high $468.13, low $357.36, median $413.93 across 14 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

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—High1,643127.952,10237
CowsBreaker 75-80%Low1,678116.781,9606thin
CowsBoner 80-85%Low1,403115.801,62542
CowsLean 85-90%High1,159114.471,32784
Dairy CowsBoner 80-85%Average1,670111.001,8541thin

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 Cows3rd Stage (7-9 mo)Middle Aged/Aged (>5 yrs)1,311$1,9074thin
Bred Cows3rd Stage (7-9 mo)Aged (>8 yrs)1,284$1,8008

Every lot

72 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 · Steers14 lots · lightest first
Steers300–350Medium and Large 1-2308372.50/cwt372.50–372.501,1472
Steers350–400Medium and Large 1-2366357.46/cwt356.00–370.001,30810
Steers400–450Medium and Large 1-2428332.94/cwt328.00–337.501,4254
Steers400–450Medium 1433348.57/cwt335.00–352.501,50941
Steers450–500Medium 1450342.00/cwt342.00–342.001,5398
Steers450–500Medium and Large 1461353.00/cwt353.00–353.001,62714
Steers450–500Medium and Large 1-2485327.53/cwt317.00–336.001,58915
Steers500–550Medium and Large 1-2519328.26/cwt317.50–332.001,7044
Steers550–600Medium and Large 1-2565317.54/cwt312.00–323.001,79428
Steers600–650Medium and Large 1620308.83/cwt308.00–310.501,91538
Steers600–650Large 1643289.00/cwt289.00–289.001,8582
Steers650–700Medium and Large 1665292.75/cwt288.00–296.001,9475
Steers650–700Medium and Large 1-2685282.03/cwt274.00–286.001,9323
Steers700–750Medium and Large 1725270.00/cwt270.00–270.001,9582
Feeder Cattle · Heifers16 lots · lightest first
Heifers300–350Medium 1-2325320.00/cwt320.00–320.001,0404
Heifers350–400Medium and Large 1368346.39/cwt340.00–350.001,2759
Heifers350–400Medium 1385339.00/cwt339.00–339.001,30510
Heifers350–400Medium and Large 1-2397336.00/cwt336.00–336.001,3348
Heifers400–450Medium and Large 1434341.05/cwt335.00–355.001,48050
Heifers400–450Medium and Large 1-2435313.00/cwt313.00–313.001,3621
Heifers450–500Medium and Large 1471318.44/cwt315.00–327.001,50024
Heifers450–500Medium 1486309.00/cwt309.00–309.001,50210
Heifers500–550Medium and Large 1-2535289.97/cwt282.00–294.001,5513
Heifers500–550Medium and Large 1537309.36/cwt302.00–315.501,66199
Heifers500–550Medium and Large 2543273.00/cwt273.00–273.001,4822
Heifers550–600Medium and Large 1564304.86/cwt290.00–308.001,71961
Heifers550–600Medium and Large 1-2568282.41/cwt280.00–285.001,6047
Heifers600–650Medium and Large 1630280.00/cwt280.00–280.001,7646
Heifers600–650Medium and Large 1-2633264.68/cwt261.00–268.501,67510
Heifers650–700Medium and Large 1-2690243.00/cwt243.00–243.001,6771
Feeder Cattle · Bulls13 lots · lightest first
Bulls350–400Medium and Large 1358365.00/cwt365.00–365.001,3073
Bulls500–550Medium and Large 1502321.00/cwt321.00–321.001,61111
Bulls600–650Medium and Large 1621268.00/cwt268.00–268.001,66411
Bulls650–700Medium and Large 1-2670252.00/cwt252.00–252.001,6883
Bulls650–700Medium and Large 1683259.00/cwt259.00–259.001,7694
Bulls850–900Medium and Large 1874214.00/cwt214.00–214.001,8705
Bulls1000–1050Medium and Large 21,015139.00/cwt139.00–139.001,4111
Bulls1000–1050Medium and Large 11,045182.00/cwt182.00–182.001,9021
Bulls1050–1100Medium and Large 11,095163.00/cwt163.00–163.001,7851
Bulls1100–1150Large 11,122167.00/cwt167.00–167.001,8743
Bulls1150–1200Large 1-21,155150.00/cwt150.00–150.001,7331
Bulls1200–1250Large 11,210162.94/cwt156.00–170.001,9722
Bulls1200–1250Large 1-21,225145.00/cwt145.00–145.001,7761
Slaughter Cattle · Bulls6 lots · lightest first
Bulls——Non-Traditional1,120166.00/cwt166.00–166.001,8591
Bulls——Non-Traditional1,320125.00/cwt125.00–125.001,6501
Bulls——Non-Traditional1,401120.95/cwt116.00–124.001,6955
Bulls——1,578118.45/cwt112.00–124.001,86913
Bulls——1,705130.03/cwt125.00–139.002,21711
Bulls——2,013144.70/cwt142.00–147.002,9136
Slaughter Cattle · Cows15 lots · lightest first
Cows—Lean 85-90%92082.00/cwt82.00–82.007541
Cows—Lean 85-90%Non-Traditional945123.74/cwt122.50–125.001,1692
Cows—Lean 85-90%Return to Feed1,125123.00/cwt123.00–123.001,3841
Cows—Lean 85-90%1,151114.73/cwt109.00–119.001,32133
Cows—Lean 85-90%Return to Feed1,163116.49/cwt109.00–117.001,35522
Cows—Lean 85-90%1,175104.38/cwt97.00–108.001,22611
Cows—Lean 85-90%1,209119.73/cwt118.00–123.001,44813
Cows—Lean 85-90%Non-Traditional1,230109.50/cwt109.50–109.501,3471
Cows—Boner 80-85%Return to Feed1,300118.63/cwt115.00–120.501,5424
Cows—Boner 80-85%Return to Feed1,320109.00/cwt109.00–109.001,4391
Cows—Boner 80-85%1,388102.74/cwt96.00–108.001,4267
Cows—Boner 80-85%1,413123.20/cwt123.00–123.501,74110
Cows—Boner 80-85%1,428116.45/cwt111.00–121.001,66320
Cows—Breaker 75-80%1,617117.74/cwt117.00–118.501,9045
Cows—Breaker 75-80%1,985112.00/cwt112.00–112.002,2231
Slaughter Cattle · Dairy Cows1 lot · lightest first
Dairy Cows—Boner 80-85%1,670111.00/cwt111.00–111.001,8541
Replacement Cattle · Stock Cows5 lots · lightest first
Stock Cows—Large 1-2870128.00/cwt128.00–128.001,1143
Stock Cows—Medium and Large 1918204.47/cwt175.00–225.001,87732
Stock Cows—Medium and Large 11,041156.12/cwt126.00–174.001,62517
Stock Cows—Medium and Large 1Fleshy1,045170.00/cwt170.00–170.001,7775
Stock Cows—Medium and Large 1-21,065152.00/cwt152.00–152.001,6191
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 1Broken Mouth1,2841,800.00/head1,800.00–1,800.001,8008
Bred Cows—Medium and Large 11,3111,907.09/head1,800.00–1,950.001,9074

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.