Sale reports / Montana / Miles City Livestock Commission / 2024-05-28

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, May 28
● Final42 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
139 head
▲ 30 vs last sale 109▲ 52 vs year ago 87 · +59.8%
Slaughter Cattle receipts
467 head
▼ 14 vs last sale 481▲ 102 vs year ago 365 · +27.9%
Replacement Cattle receipts
169 head
▼ 65 vs last sale 234▲ 14 vs year ago 155 · +9.0%
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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, with one set of attractive, replacement quality heifers seen today. CME positions saw sharp triple digit gains today after trading mostly sideway for much of last week. Market activity was mostly active this week despite light offerings. Weigh up cows sold on mostly good demand for light to moderate offerings. Demand for slaughter cows was good, but slightly lighter than last week as packers opted to send most offerings to feed. Cow quality today was attractive to very attractive with many sets of high quality cows off reputation ranches. Slaughter cows sold mostly 1.00-2.00 lower on all classes. Demand for feeding cows remains very good. 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 steady to weak. 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 last week to develop an accurate market trend, steady to weak undertones were noticed. Quality was average to attractive. Demand was good to very good again 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 $301.48/cwt on 21 head. That ranks 1 of 14 comparable sales and sits −112.45 against this barn's trailing median of $413.93.
Average price
$301.48
21 head · 544 lb average
Value per head Derived
$1,641
Price × average weight ÷ 100
Grade differential Derived
$210
per head · Medium and Large 1 over Medium and Large 1-2
$15.45/cwt at this weight
vs the market
+35.67
vs MT average
+33.86 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1548302.951,66119thin
Medium and Large 1-2505287.501,4522thin
One grade step is worth $15.45/cwt here — about $210 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 sale21 hd
301.48
—
MT average2 barns · 42 hd
265.81
+35.67
National average129 barns · 6,320 hd
267.62
+33.86
This barn, trailing median14 sales
413.93
−112.45
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—Average1,774159.922,83720
CowsBreaker 75-80%Average1,621137.902,23615
CowsBoner 80-85%Average1,374137.491,889224
CowsLean 85-90%Average1,195129.581,54865

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
Heifer PairsOpen(<2 yrs)1,008$3,10020

Every lot

42 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 · Steers3 lots · lightest first
Steers550–600Medium and Large 1-2560317.00/cwt317.00–317.001,7753
Steers600–650Medium and Large 1-2627288.00/cwt288.00–288.001,8066
Steers650–700Medium and Large 1-2668280.00/cwt280.00–280.001,8703
Feeder Cattle · Heifers7 lots · lightest first
Heifers450–500Medium and Large 1455317.00/cwt317.00–317.001,4427
Heifers500–550Medium and Large 1-2505287.50/cwt287.50–287.501,4522
Heifers500–550Medium and Large 1535309.00/cwt309.00–309.001,65314
Heifers550–600Medium and Large 1586286.00/cwt286.00–286.001,6765
Heifers600–650Medium and Large 1615290.00/cwt290.00–290.001,78411
Heifers650–700Medium and Large 1Replacement689268.50/cwt268.50–268.501,85052
Heifers700–750Medium and Large 1715252.00/cwt252.00–252.001,8022
Feeder Cattle · Bulls4 lots · lightest first
Bulls650–700Medium and Large 1658256.00/cwt256.00–256.001,6842
Bulls800–850Medium and Large 1805220.00/cwt220.00–220.001,7711
Bulls900–950Medium and Large 1928215.00/cwt215.00–215.001,9952
Bulls950–1000Large 1988204.00/cwt204.00–204.002,0162
Slaughter Cattle · Bulls4 lots · lightest first
Bulls——Return to Feed1,543150.33/cwt149.00–152.002,3202
Bulls——1,588147.00/cwt147.00–147.002,3342
Bulls——1,675141.00/cwt141.00–141.002,3621
Bulls——1,836164.18/cwt161.00–170.003,01415
Slaughter Cattle · Cows16 lots · lightest first
Cows—Lean 85-90%Light Weight980113.00/cwt113.00–113.001,1071
Cows—Lean 85-90%Light Weight985124.00/cwt124.00–124.001,2211
Cows—Lean 85-90%Return to Feed1,139117.23/cwt112.00–122.001,3355
Cows—Lean 85-90%1,145118.75/cwt116.00–121.001,3604
Cows—Lean 85-90%Return to Feed1,203129.48/cwt121.00–132.501,55825
Cows—Lean 85-90%Return to Feed1,212135.40/cwt133.00–142.001,64120
Cows—Lean 85-90%1,233135.97/cwt134.00–137.001,6773
Cows—Lean 85-90%1,234128.62/cwt124.00–132.001,5876
Cows—Boner 80-85%Return to Feed1,366140.47/cwt139.00–145.001,91972
Cows—Boner 80-85%Return to Feed1,375135.90/cwt129.00–138.001,86981
Cows—Boner 80-85%1,379136.91/cwt134.00–138.501,88866
Cows—Boner 80-85%Return to Feed1,405128.00/cwt128.00–128.001,7985
Cows—Breaker 75-80%Return to Feed1,565139.00/cwt139.00–139.002,1759
Cows—Breaker 75-80%1,655148.00/cwt148.00–148.002,4491
Cows—Breaker 75-80%1,680130.04/cwt129.00–131.002,1852
Cows—Breaker 75-80%1,740136.49/cwt135.00–137.502,3753
Replacement Cattle · Bulls1 lot · lightest first
Bulls—Medium and Large 11,248177.52/cwt170.00–185.002,2152
Replacement Cattle · Heifer Pairs1 lot · lightest first
Heifer Pairs—Medium 11,0083,100.00/head3,100.00–3,100.003,10020
Replacement Cattle · Stock Cows6 lots · lightest first
Stock Cows—Large 1Thin Fleshed720187.50/cwt187.50–187.501,3501
Stock Cows—Medium 1745194.63/cwt181.00–199.001,4506
Stock Cows—Medium and Large 1-2818159.94/cwt140.00–180.001,3082
Stock Cows—Medium and Large 1-2959179.43/cwt157.00–184.001,72111
Stock Cows—Medium and Large 1994190.47/cwt156.50–211.001,89383
Stock Cows—Medium and Large 11,030171.98/cwt137.00–193.001,77172

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.