Sale reports / Montana / Miles City Livestock Commission / 2024-05-07

Miles City Livestock Commission

Name: Miles City Livestock Commission livestock auction prices — 2024-05-07
Creator: RaisedBeef
Published: 2024-05-07

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, May 7

● Final40 lots reportedUSDA AMS · slug 1773

← Apr 30May 7May 14 →

Feeder Cattle receipts

267 head

▲ 0 vs last sale 267▼ 3 vs year ago 270 · −1.1%

Slaughter Cattle receipts

89 head

▼ 115 vs last sale 204▼ 227 vs year ago 316 · −71.8%

Replacement Cattle receipts

30 head

▼ 171 vs last sale 201▼ 403 vs year ago 433 · −93.1%

View

Reporter comment USDA

As filed

Compared to last week: Feeder steers and heifers were too lightly tested either this week or last week to develop an accurate market trend, however steady undertones were noticed. Demand was mostly good for light offerings. Several inches of rain fell across Eastern Montana over the last few days which kept receipts light today. Quality this week was mostly plain to average. Heifer quality was better than steer quality this week. CME positions pushed higher today with most contracts showing triple digit gains by closing bell. Market activity was mostly active this week. Weigh up cows sold on mostly good demand for light offerings. Demand for slaughter cows was stronger this week as packers showed good demand for cows for immediate harvest. Slaughter cows were too lightly tested to develop a full market trend, however steady undertones were noticed on all offerings. Demand for feeding cows was good today however fewer buyers were in the seats as offerings were light. Feeding cows sold mostly steady to weak on a lower quality offering. Slaughter bulls sold generally steady in a narrow comparison. Weigh up conditions were mostly average to above average today with most cows emptied out from being out grazing. Young cows suitable to feed or rebreed were too lightly tested to develop an accurate market trend, steady undertones were noticed. Demand for these offerings was good to very good. Quality this week was mostly average.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb heifers averaged $278.43/cwt on 66 head. That ranks 1 of 14 comparable sales and sits −135.50 against this barn's trailing median of $413.93.

Average price

$278.43

66 head · 552 lb average

Value per head Derived

$1,538

Price × average weight ÷ 100

Grade differential Derived

$186

per head · Medium and Large 1-2 over Medium and Large 2

$16.11/cwt at this weight

vs the market

−5.08

vs MT average

+10.84 vs national

Price by quality 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1-2	558	281.11	1,570	55
Medium and Large 2	522	265.00	1,383	11thin

One grade step is worth $16.11/cwt here — about $186 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 sale66 hd

278.43

—

MT average3 barns · 366 hd

283.51

−5.08

National average178 barns · 10,823 hd

267.59

+10.84

This barn, trailing median14 sales

413.93

−135.50

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

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.

Class	Grade	Dressing	Avg wt	$/cwt	$/head	Head
Bulls	—	High	1,824	145.28	2,650	8thin
Cows	Breaker 75-80%	Average	1,565	138.57	2,169	3thin
Cows	Boner 80-85%	Low	1,424	132.25	1,883	23
Cows	Lean 85-90%	Average	1,154	126.16	1,456	43

Every lot

40 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.

Class	Weight	Grade / description	Avg wt	Price	Range	Per head	Head
Feeder Cattle · Steers6 lots · lightest first
Steers	500–550	Medium and Large 1-2	508	332.00/cwt	332.00–332.00	1,687	2
Steers	550–600	Medium and Large 1-2	563	319.10/cwt	315.00–320.00	1,797	17
Steers	650–700	Medium and Large 1	671	289.50/cwt	289.50–289.50	1,943	19
Steers	650–700	Medium and Large 1-2	674	251.00/cwt	251.00–251.00	1,692	8
Steers	700–750	Medium and Large 1-2	725	245.00/cwt	245.00–245.00	1,776	2
Steers	800–850	Medium and Large 1-2	813	250.00/cwt	250.00–250.00	2,033	10
Feeder Cattle · Heifers11 lots · lightest first
Heifers	350–400	Medium and Large 1-2	364	322.50/cwt	322.50–322.50	1,174	4
Heifers	400–450	Medium and Large 2	403	302.00/cwt	302.00–302.00	1,217	5
Heifers	450–500	Medium and Large 1-2	493	306.50/cwt	306.50–306.50	1,511	2
Heifers	500–550	Medium and Large 2	522	265.00/cwt	254.00–271.50	1,383	11
Heifers	500–550	Medium and Large 1-2	543	291.50/cwt	291.50–291.50	1,583	2
Heifers	550–600	Medium and Large 1-2	559	280.72/cwt	279.50–281.50	1,569	53
Heifers	600–650	Medium and Large 1-2	632	266.04/cwt	259.00–269.00	1,681	26
Heifers	650–700	Medium and Large 1	650	270.00/cwt	270.00–270.00	1,755	2
Heifers	650–700	Medium and Large 1-2	670	243.50/cwt	243.50–243.50	1,631	7
Heifers	700–750	Medium and Large 1	719	253.50/cwt	253.50–253.50	1,823	59
Heifers	800–850	Medium and Large 1	838	221.97/cwt	220.00–227.00	1,860	7
Feeder Cattle · Bulls1 lot · lightest first
Bulls	700–750	Medium and Large 1-2	713	226.00/cwt	226.00–226.00	1,611	3
Slaughter Cattle · Bulls3 lots · lightest first
Bulls	—	—	1,625	126.00/cwt	126.00–126.00	2,048	1
Bulls	—	—	1,848	144.84/cwt	142.00–147.00	2,677	5
Bulls	—	—	1,863	156.00/cwt	156.00–156.00	2,906	2
Slaughter Cattle · Cows15 lots · lightest first
Cows	—	Lean 85-90%Light Weight	920	105.73/cwt	102.00–109.00	973	2
Cows	—	Lean 85-90%Light Weight	965	90.00/cwt	90.00–90.00	869	1
Cows	—	Lean 85-90%Return to Feed	1,117	117.00/cwt	117.00–117.00	1,307	3
Cows	—	Lean 85-90%Return to Feed	1,143	126.83/cwt	124.00–131.00	1,450	13
Cows	—	Lean 85-90%	1,146	125.54/cwt	122.50–130.00	1,439	8
Cows	—	Lean 85-90%	1,188	109.05/cwt	104.00–114.00	1,296	2
Cows	—	Lean 85-90%Return to Feed	1,220	135.81/cwt	135.50–136.00	1,657	14
Cows	—	Boner 80-85%	1,330	119.55/cwt	115.00–124.00	1,590	2
Cows	—	Boner 80-85%	1,380	127.00/cwt	127.00–127.00	1,753	2
Cows	—	Boner 80-85%Return to Feed	1,404	132.39/cwt	126.00–136.00	1,859	5
Cows	—	Boner 80-85%	1,439	139.14/cwt	138.00–140.50	2,002	10
Cows	—	Boner 80-85%Return to Feed	1,457	119.07/cwt	117.00–120.50	1,735	3
Cows	—	Breaker 75-80%	1,525	136.10/cwt	135.00–137.00	2,076	2
Cows	—	Boner 80-85%Return to Feed	1,550	138.00/cwt	138.00–138.00	2,139	1
Cows	—	Breaker 75-80%	1,645	143.50/cwt	143.50–143.50	2,361	1
Replacement Cattle · Stock Cows4 lots · lightest first
Stock Cows	—	Medium and Large 1Thin Fleshed	750	206.00/cwt	206.00–206.00	1,545	1
Stock Cows	—	Medium and Large 1	924	191.19/cwt	172.00–201.00	1,767	13
Stock Cows	—	Medium and Large 1-2	947	138.02/cwt	136.00–140.00	1,307	3
Stock Cows	—	Medium and Large 1	1,014	168.18/cwt	136.00–180.00	1,705	9

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.

Montana feeder prices, every weight →Every state and region →

Miles City Livestock Commission Auction - Miles City, MT

Tue May 7, 2024

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Billings, MT (LS-BL)

Feeder CattleReceipts 267Last week 267Year ago 270

Slaughter CattleReceipts 89Last week 204Year ago 316

Replacement CattleReceipts 30Last week 201Year ago 433

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1-2$ per cwt · actual wt
3	700–750	713	226.00	226.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
2	650–700	650	270.00	270.00
59	700–750	719	253.50	253.50
7	800–850	838	220.00–227.00	221.97

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2$ per cwt · actual wt
4	350–400	364	322.50	322.50
2	450–500	493	306.50	306.50
2	500–550	543	291.50	291.50
53	550–600	559	279.50–281.50	280.72
26	600–650	632	259.00–269.00	266.04
7	650–700	670	243.50	243.50

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
5	400–450	403	302.00	302.00
11	500–550	522	254.00–271.50	265.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
2	500–550	508	332.00	332.00
17	550–600	563	315.00–320.00	319.10
8	650–700	674	251.00	251.00
2	700–750	725	245.00	245.00
10	800–850	813	250.00	250.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
19	650–700	671	289.50	289.50

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Stock Cows — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
(<2 yrs)	Open	1	—	750	206.00	206.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Stock Cows — Medium and Large 1$ per cwt · actual wt
(<2 yrs)	Open	13	—	924	172.00–201.00	191.19
Young (2-4 yrs)	Open	9	—	1,014	136.00–180.00	168.18

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Stock Cows — Medium and Large 1-2$ per cwt · actual wt
Young (2-4 yrs)	Open	3	—	947	136.00–140.00	138.02

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
2	—	1,863	156.00	156.00
1	—	1,625	126.00	126.00
5	—	1,848	142.00–147.00	144.84

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85% · Return to Feed$ per cwt · actual wt
3	—	1,457	117.00–120.50	119.07
5	—	1,404	126.00–136.00	132.39
1	—	1,550	138.00	138.00

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90% · Return to Feed$ per cwt · actual wt
13	—	1,143	124.00–131.00	126.83
14	—	1,220	135.50–136.00	135.81
3	—	1,117	117.00	117.00

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
2	—	1,380	127.00	127.00
2	—	1,330	115.00–124.00	119.55
10	—	1,439	138.00–140.50	139.14

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80%$ per cwt · actual wt
2	—	1,525	135.00–137.00	136.10
1	—	1,645	143.50	143.50

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90% · Light Weight$ per cwt · actual wt
1	—	965	90.00	90.00
2	—	920	102.00–109.00	105.73

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
8	—	1,146	122.50–130.00	125.54
2	—	1,188	104.00–114.00	109.05

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.