Sale reports / Montana / Miles City Livestock Commission / 2024-05-21

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, May 21
● Final46 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
109 head
▼ 200 vs last sale 309▼ 69 vs year ago 178 · −38.8%
Slaughter Cattle receipts
481 head
▼ 99 vs last sale 580▲ 147 vs year ago 334 · +44.0%
Replacement Cattle receipts
234 head
▼ 240 vs last sale 474▼ 5 vs year ago 239 · −2.1%
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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. Feeder cattle quality was mostly plain to average. One small set of attractive, replacement quality heifers was seen today and demand was mostly good to very good. Boxed beef values surged throughout the week last week, and have continued to inch higher this week. Choice closed today at 313.02 and select at 300.87, that's 8.63 and 7.05 higher on choice and select respectfully, compared to last Tuesdays close. This has continued to support to CME live cattle and feeder cattle contracts. CME positions pushed sharply higher again today with most contracts showing triple digit gains. Market activity was mostly active this week despite light offerings. Bidding was active both ringside as well as on the internet for todays sale. Weigh up cows sold on mostly good to very good demand for moderate offerings. Demand for slaughter cows was good again this week as packer buyers showed good demand for cow for immediate harvest. Slaughter cows sold mostly 1.00 to 3.00 higher on breaking and boning cows; lean cows sold 2.00-4.00 higher. Demand for feeding cows was very good today. 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 1.00-3.00 higher. 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 with most cows emptied out from being out grazing. Weigh conditions this sale were even better than last week. Young cows suitable to feed or rebreed sold generally steady. Quality this week was average to attractive. Demand for these offerings was good to very good.

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $293.67/cwt on 12 head. That ranks 1 of 14 comparable sales and sits −120.26 against this barn's trailing median of $413.93.
Average price
$293.67
12 head · 539 lb average
Value per head Derived
$1,584
Price × average weight ÷ 100
Grade differential Derived
−$99
per head · Medium 1 over Medium and Large 1-2
$19.00/cwt at this weight
vs the market
+3.49
vs MT average
+17.21 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1516300.001,5488thin
Medium and Large 1-2586281.001,6474thin
One grade step is worth $19.00/cwt here — about −$99 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 sale12 hd
293.67
—
MT average3 barns · 497 hd
290.18
+3.49
National average163 barns · 12,702 hd
276.46
+17.21
This barn, trailing median14 sales
413.93
−120.26
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—Low1,673150.382,51630
CowsBreaker 75-80%High1,554142.982,22215
CowsBoner 80-85%High1,352138.851,877208
CowsLean 85-90%Low1,175134.191,576185

Every lot

46 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 · Steers2 lots · lightest first
Steers450–500Medium and Large 1480355.00/cwt355.00–355.001,7043
Steers500–550Medium and Large 1549348.00/cwt348.00–348.001,9114
Feeder Cattle · Heifers6 lots · lightest first
Heifers50–100Medium and Large 180475.00/head475.00–475.004751
Heifers500–550Medium 1516300.00/cwt300.00–300.001,5488
Heifers550–600Medium and Large 1-2586281.00/cwt281.00–281.001,6474
Heifers650–700Large 1673250.50/cwt250.50–250.501,6862
Heifers650–700Medium and Large 1-2696246.00/cwt246.00–246.001,71221
Heifers800–850Medium and Large 1Replacement815241.00/cwt241.00–241.001,96429
Feeder Cattle · Bulls8 lots · lightest first
Bulls50–100Medium and Large 185375.00/head375.00–375.003754
Bulls400–450Medium and Large 1442342.50/cwt342.50–342.501,5143
Bulls600–650Medium and Large 1623264.00/cwt264.00–264.001,6452
Bulls700–750Medium and Large 1735255.00/cwt255.00–255.001,8742
Bulls750–800Medium and Large 1760240.00/cwt240.00–240.001,8241
Bulls800–850Medium and Large 1810232.02/cwt231.00–235.001,8794
Bulls1100–1150Large 11,105186.00/cwt186.00–186.002,0551
Bulls1150–1200Large 11,170177.00/cwt177.00–177.002,0711
Slaughter Cattle · Bulls8 lots · lightest first
Bulls——Light Weight1,255145.00/cwt145.00–145.001,8201
Bulls——Return to Feed1,300135.93/cwt127.50–142.001,7673
Bulls——Light Weight1,330141.00/cwt141.00–141.001,8751
Bulls——Return to Feed1,345146.75/cwt142.00–152.001,9746
Bulls——1,480127.50/cwt127.50–127.501,8871
Bulls——1,651148.46/cwt143.00–156.002,4517
Bulls——2,010161.94/cwt157.00–169.003,25510
Bulls——Heavy Weight2,505151.00/cwt151.00–151.003,7831
Slaughter Cattle · Cows15 lots · lightest first
Cows—Lean 85-90%Light Weight90595.01/cwt94.00–97.008604
Cows—Lean 85-90%1,147108.26/cwt99.00–117.001,2425
Cows—Lean 85-90%Return to Feed1,167139.20/cwt136.00–142.501,62497
Cows—Lean 85-90%1,168132.34/cwt130.00–135.001,5465
Cows—Lean 85-90%1,190136.61/cwt136.00–139.001,62618
Cows—Lean 85-90%Return to Feed1,195110.00/cwt110.00–110.001,3151
Cows—Lean 85-90%Return to Feed1,206130.37/cwt127.00–135.001,57255
Cows—Boner 80-85%Return to Feed1,317138.35/cwt131.50–142.001,82297
Cows—Boner 80-85%Return to Feed1,340126.93/cwt120.00–129.001,7018
Cows—Boner 80-85%Return to Feed1,353143.47/cwt142.00–147.001,94118
Cows—Boner 80-85%1,357137.91/cwt134.00–142.001,87141
Cows—Boner 80-85%1,423142.33/cwt141.00–146.002,02540
Cows—Boner 80-85%1,456128.62/cwt121.00–132.001,8734
Cows—Breaker 75-80%1,511139.83/cwt139.00–141.002,1136
Cows—Breaker 75-80%1,583145.08/cwt143.00–147.002,2979
Replacement Cattle · Stock Cows7 lots · lightest first
Stock Cows—Medium and Large 1Thin Fleshed778207.50/cwt207.50–207.501,6142
Stock Cows—Medium and Large 1-2932181.40/cwt164.00–195.001,6916
Stock Cows—Medium and Large 1991200.46/cwt146.00–246.001,98798
Stock Cows—Medium and Large 1-21,097143.31/cwt135.00–146.001,5726
Stock Cows—Medium and Large 11,128150.33/cwt138.00–158.001,69631
Stock Cows—Medium and Large 11,133157.50/cwt140.00–198.001,78463
Stock Cows—Medium and Large 11,197145.00/cwt145.00–145.001,7363

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.