Sale reports / Montana / Miles City Livestock Commission / 2024-05-14

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, May 14
● Final70 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
309 head
▲ 42 vs last sale 267▲ 39 vs year ago 270 · +14.4%
Slaughter Cattle receipts
580 head
▲ 491 vs last sale 89▲ 264 vs year ago 316 · +83.5%
Replacement Cattle receipts
474 head
▲ 444 vs last sale 30▲ 41 vs year ago 433 · +9.5%
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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 any market trend. Demand was mostly good for light offerings. Quality this week was mostly plain to average. Boxed beef values surged today, to 304.39 and 293.82 on choice and select respectfully. Up $5.44 on choice and $6.64 on select. This gave support to CME live cattle and feeder cattle contracts as all CME positions pushed sharply higher today with most contracts showing triple digit gains. 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 sold mostly 2.00 higher on breaking cows, boning and lean cows sold 2.00-4.00 higher. Demand for feeding cows was good to very good today as both packers and private buyers both showed very good demand for cows as tight supplies and high demand continue to be seen. Feeding cows sold mostly 2.00-3.00 higher on a higher quality cow offering. Cow quality was mostly average to very attractive this week. Slaughter bulls sold steady to firm in a narrow comparison. Weigh up conditions were mostly average to above average today as most cows were emptied out from being out grazing. Young cows suitable to feed or rebreed were too lightly tested last week to develop an accurate market trend, higher undertones were noticed on a higher quality offering. Demand for these offerings was good to very good. Quality this week was mostly attractive. The majority of open young wet bagged 2-3 year olds brought $1950-$2075 per head on todays sale. Heifers that never had a calf sold back mostly 10.00-15.00 per hundredweight to their wet bagged counterparts.

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $284.73/cwt on 79 head. That ranks 1 of 14 comparable sales and sits −129.19 against this barn's trailing median of $413.93.
Average price
$284.73
79 head · 570 lb average
Value per head Derived
$1,623
Price × average weight ÷ 100
Grade differential Derived
$238
per head · Medium and Large 1 over Medium and Large 2
$30.73/cwt at this weight
vs the market
+4.63
vs MT average
+14.73 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1578298.001,72244
Medium and Large 1-2586272.781,5985thin
Medium and Large 2555267.271,48430
One grade step is worth $30.73/cwt here — about $238 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 sale79 hd
284.73
—
MT average2 barns · 88 hd
280.11
+4.63
National average167 barns · 11,471 hd
270.00
+14.73
This barn, trailing median14 sales
413.93
−129.19
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—Low1,743145.942,54452
CowsPremium White 65-75%High1,529140.902,15468
CowsBreaker 75-80%Low1,530138.542,120108
CowsBoner 80-85%High1,398137.081,916191
CowsLean 85-90%Average1,175127.041,493113

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 (5-8 yrs)1,315$2,3002thin
Bred Cows3rd Stage (7-9 mo)Middle Aged/Aged (>5 yrs)1,370$2,0501thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,403$2,8754thin
Cow-Calf PairsOpenAged (>8 yrs)1,435$2,61946
Cow-Calf PairsOpenMiddle Aged/Aged (>5 yrs)1,378$2,6009
Heifer PairsOpen(<2 yrs)966$3,20958

Every lot

70 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
Steers300–350Medium and Large 1310390.00/cwt390.00–390.001,2091
Steers400–450Medium and Large 1-2400335.00/cwt335.00–335.001,3401
Steers450–500Medium and Large 1-2476324.36/cwt324.00–325.001,5448
Steers450–500Medium 1-2498298.00/cwt298.00–298.001,4846
Steers500–550Medium and Large 1-2505298.25/cwt298.25–298.251,5066
Steers550–600Medium and Large 1570316.59/cwt314.00–317.001,80515
Steers600–650Medium and Large 1-2620277.82/cwt271.00–286.001,72225
Steers650–700Medium and Large 1662284.00/cwt284.00–284.001,88010
Steers650–700Large 1663253.00/cwt253.00–253.001,6772
Steers650–700Medium and Large 1-2668254.00/cwt254.00–254.001,6974
Steers700–750Medium and Large 1Full749255.00/cwt255.00–255.001,9107
Steers850–900Large 1860205.00/cwt205.00–205.001,7632
Feeder Cattle · Heifers11 lots · lightest first
Heifers350–400Medium and Large 1-2394302.50/cwt302.50–302.501,1924
Heifers400–450Medium 1-2412284.00/cwt284.00–284.001,1706
Heifers400–450Medium and Large 1-2448306.00/cwt306.00–306.001,3714
Heifers450–500Medium and Large 2483283.00/cwt283.00–283.001,3672
Heifers450–500Medium and Large 1-2488295.83/cwt286.00–298.001,44426
Heifers450–500Medium 1-2494272.00/cwt272.00–272.001,3449
Heifers500–550Medium and Large 2542271.00/cwt271.00–271.001,46923
Heifers550–600Medium and Large 1578298.00/cwt298.00–298.001,72244
Heifers550–600Medium and Large 1-2586272.78/cwt265.00–278.001,5985
Heifers550–600Medium and Large 2599255.00/cwt255.00–255.001,5277
Heifers650–700Medium and Large 1-2668249.00/cwt249.00–249.001,6632
Feeder Cattle · Bulls3 lots · lightest first
Bulls750–800Medium and Large 1-2759216.00/cwt216.00–216.001,6394
Bulls1150–1200Large 11,175171.00/cwt171.00–171.002,0091
Bulls1200–1250Large 11,245172.00/cwt172.00–172.002,1411
Slaughter Cattle · Bulls7 lots · lightest first
Bulls——Return to Feed1,255135.31/cwt130.00–142.001,6982
Bulls——Return to Feed1,260142.00/cwt142.00–142.001,7891
Bulls——Light Weight1,260141.00/cwt141.00–141.001,7771
Bulls——1,580135.25/cwt122.00–141.002,13714
Bulls——1,731147.55/cwt143.00–153.002,55420
Bulls——2,037156.66/cwt154.00–160.003,19113
Bulls——2,395154.00/cwt154.00–154.003,6881
Slaughter Cattle · Cows23 lots · lightest first
Cows—Lean 85-90%Light Weight944110.45/cwt103.00–116.001,0435
Cows—Lean 85-90%Return to Feed1,099118.30/cwt110.00–122.001,30011
Cows—Lean 85-90%1,178127.89/cwt125.00–131.001,5076
Cows—Lean 85-90%1,18395.98/cwt90.00–102.001,1356
Cows—Lean 85-90%Return to Feed1,188129.86/cwt125.00–133.001,54328
Cows—Lean 85-90%Return to Feed1,196135.75/cwt133.00–139.001,62440
Cows—Lean 85-90%1,216134.61/cwt132.00–137.501,6377
Cows—Lean 85-90%1,217115.04/cwt108.00–121.001,40010
Cows—Boner 80-85%Return to Feed1,360140.18/cwt139.00–146.001,90636
Cows—Boner 80-85%1,373136.52/cwt131.00–140.001,87437
Cows—Boner 80-85%Return to Feed1,394136.05/cwt129.00–140.001,89784
Cows—Breaker 75-80%Return to Feed1,408138.72/cwt138.50–139.751,95318
Cows—Boner 80-85%Return to Feed1,410122.55/cwt115.00–127.001,7284
Cows—Boner 80-85%1,442124.41/cwt120.00–127.001,7943
Cows—Premium White 65-75%1,445147.00/cwt147.00–147.002,1241
Cows—Boner 80-85%1,489140.47/cwt139.50–146.002,09227
Cows—Premium White 65-75%1,498141.22/cwt141.00–143.002,11556
Cows—Breaker 75-80%1,546144.66/cwt143.00–145.002,23617
Cows—Breaker 75-80%1,546137.34/cwt135.00–140.002,12369
Cows—Premium White 65-75%1,655139.00/cwt139.00–139.002,30010
Cows—Breaker 75-80%Return to Feed1,660131.65/cwt131.00–132.002,1853
Cows—Breaker 75-80%Heavy Weight2,010135.00/cwt135.00–135.002,7141
Cows—Premium White 65-75%Heavy Weight2,075136.00/cwt136.00–136.002,8221
Replacement Cattle · Stock Cows7 lots · lightest first
Stock Cows—Medium and Large 1Thin Fleshed753211.94/cwt211.00–213.001,5962
Stock Cows—Medium 1780188.95/cwt181.00–197.001,4742
Stock Cows—Medium and Large 1-2904174.62/cwt141.00–190.001,57932
Stock Cows—Medium and Large 1925210.74/cwt150.00–233.501,94992
Stock Cows—Medium and Large 11,026183.04/cwt147.00–212.001,87855
Stock Cows—Medium and Large 1-21,038144.24/cwt140.00–150.001,4972
Stock Cows—Large 11,165139.00/cwt139.00–139.001,6191
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 11,3152,300.00/head2,300.00–2,300.002,3002
Bred Cows—Medium and Large 11,3702,050.00/head2,050.00–2,050.002,0501
Replacement Cattle · Heifer Pairs1 lot · lightest first
Heifer Pairs—Medium and Large 1Thin Fleshed9663,208.77/head3,150.00–3,275.003,20958
Replacement Cattle · Cow-Calf Pairs4 lots · lightest first
Cow-Calf Pairs—Medium and Large 11,3782,600.00/head2,600.00–2,600.002,6009
Cow-Calf Pairs—Medium and Large 1Broken Mouth1,3952,595.70/head2,585.00–2,635.002,59638
Cow-Calf Pairs—Medium and Large 11,4032,875.00/head2,875.00–2,875.002,8754
Cow-Calf Pairs—Medium and Large 1Broken Mouth1,6232,731.35/head2,725.00–2,750.002,7318

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.