Sale reports / Montana / Miles City Livestock Commission / 2024-08-27

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Aug 27
● Final56 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
575 head
▲ 386 vs last sale 189▼ 50 vs year ago 625 · −8.0%
Slaughter Cattle receipts
160 head
▼ 10 vs last sale 170▼ 40 vs year ago 200 · −20.0%
Replacement Cattle receipts
87 head
▲ 58 vs last sale 29▲ 85 vs year ago 2 · +4,250.0%
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Reporter comment USDA

As filed

Compared to last reported sale (8/06/24): Feeder steers and heifers were too lightly tested to develop an accurate market trend, however lower undertones were noticed on both steers and heifers. CME feeder cattle positions have continued to sell off since late July but have rebounded slightly this past week. However, traders remain on edge and are buying feeders lower. Feeder cattle were mostly off grass this week and most were in very light flesh. Quality was mixed from plain to attractive. Heifer quality was much more attractive than steer quality today as several consignments of tested open replacement heifers were seen. Market activity was mostly moderate. Weigh up cows sold on mostly moderate to good demand for light offerings. Packers showed need for cows both to feed and for immediate harvest. Cow quality was mostly average this week. Feeding cows demand remains stronger than slaughter cow demand. Most sound cows were purchased to feed this week. Seasonally lower yields were noticed as cows with freshly weaned calves and cows out of dry country were seen. While prices for all cows were lower than the beginning of the month, but so were yields which made cows very similar in price on a dressed basis. Feeding cows sold mostly 4.00-5.00 lower than the last reported sale at the beginning of the month. Slaughter cows sold generally steady on breaking cows, boning and lean cows sold 3.00-4.00 lower. Slaughter bulls sold mostly 3.00-5.00 lower in a narrow comparison. Weigh up conditions were mostly average to below average today, with most cows were pushing moderate to heavy amounts of fill. Young cows suitable to feed or rebreed were too lightly tested to develop any market trend. Quality was mostly average today.

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $271.89/cwt on 68 head. That ranks 1 of 14 comparable sales and sits −142.04 against this barn's trailing median of $413.93.
Average price
$271.89
68 head · 517 lb average
Value per head Derived
$1,407
Price × average weight ÷ 100
Grade differential Derived
−$124
per head · Medium 1-2 over Medium 1
$6.36/cwt at this weight
vs the market
+7.78
vs MT average
+30.01 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1-2513272.361,39863
Medium 1572266.001,5225thin
One grade step is worth $6.36/cwt here — about −$124 a head. Across this sale the premium is widest at 600–700 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 sale68 hd
271.89
—
MT average2 barns · 84 hd
264.12
+7.78
National average160 barns · 7,566 hd
241.88
+30.01
This barn, trailing median14 sales
413.93
−142.04
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—Low1,686154.012,59659
CowsBreaker 75-80%Average1,579142.602,2514thin
CowsBoner 80-85%Average1,416137.001,93922
CowsLean 85-90%Very Low1,166122.781,43270

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
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,995$3,0001thin
Cow-Calf Pairs1st Stage (1-3 mo)Middle Aged (5-8 yrs)1,488$2,67520
Cow-Calf Pairs1st Stage (1-3 mo)Aged (>8 yrs)1,488$2,4958

Every lot

56 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
Steers450–500Medium 1-2476301.00/cwt301.00–301.001,4337
Steers550–600Medium 1-2573287.00/cwt287.00–287.001,6457
Steers600–650Medium 1-2605282.00/cwt282.00–282.001,7064
Steers600–650Medium 1612293.50/cwt293.50–293.501,79699
Steers650–700Medium and Large 1682256.83/cwt254.50–259.501,75221
Steers700–750Medium and Large 1-2735245.48/cwt243.00–248.001,8044
Steers750–800Medium and Large 1-2759238.17/cwt238.00–239.001,8086
Steers750–800Medium and Large 1760248.58/cwt248.50–249.501,88962
Steers800–850Medium and Large 1816243.00/cwt243.00–243.001,9835
Steers850–900Medium and Large 1890233.50/cwt233.50–233.502,07826
Steers900–950Large 1927225.00/cwt225.00–225.002,0863
Steers1150–1200Large 11,198185.50/cwt185.50–185.502,2229
Feeder Cattle · Heifers17 lots · lightest first
Heifers300–350Medium and Large 1Unweaned326325.00/cwt325.00–325.001,0607
Heifers400–450Medium and Large 1Unweaned413260.00/cwt260.00–260.001,0742
Heifers400–450Medium 1-2421274.00/cwt274.00–274.001,1548
Heifers450–500Medium 1-2465270.00/cwt270.00–270.001,2563
Heifers450–500Medium 2498255.50/cwt255.50–255.501,2728
Heifers500–550Medium 1-2509273.40/cwt272.00–274.001,39259
Heifers550–600Medium 1572266.00/cwt266.00–266.001,5225
Heifers550–600Medium 1-2574257.00/cwt257.00–257.001,4754
Heifers600–650Medium 1619259.24/cwt257.00–260.001,60516
Heifers650–700Medium and Large 1688248.77/cwt248.75–249.001,71245
Heifers650–700Medium 1-2696240.50/cwt240.50–240.501,6745
Heifers700–750Medium and Large 1723239.88/cwt239.00–244.001,73423
Heifers700–750Medium and Large 1-2723229.00/cwt229.00–229.001,6563
Heifers750–800Medium and Large 1790226.96/cwt226.00–228.001,79329
Heifers800–850Medium and Large 1820225.47/cwt224.50–226.001,84945
Heifers900–950Medium and Large 1909217.43/cwt215.00–219.501,97616
Heifers1000–1050Medium and Large 11,033194.50/cwt194.50–194.502,0093
Feeder Cattle · Bulls6 lots · lightest first
Bulls300–350Medium and Large 1Unweaned313339.50/cwt339.50–339.501,0633
Bulls1000–1050Medium and Large 11,013205.01/cwt204.00–206.002,0772
Bulls1000–1050Medium and Large 1-21,040187.50/cwt187.50–187.501,9501
Bulls1050–1100Medium and Large 1-21,050188.00/cwt188.00–188.001,9741
Bulls1100–1150Large 11,140184.00/cwt184.00–184.002,0981
Bulls1200–1250Large 11,205185.00/cwt185.00–185.002,2291
Slaughter Cattle · Bulls6 lots · lightest first
Bulls——Return to Feed1,210144.00/cwt144.00–144.001,7421
Bulls——Light Weight1,282140.60/cwt132.50–148.001,8023
Bulls——Light Weight1,340150.50/cwt150.50–150.502,0171
Bulls——1,593145.60/cwt135.00–151.002,31922
Bulls——1,780158.71/cwt152.00–168.002,82525
Bulls——1,931171.36/cwt169.00–176.003,3097
Slaughter Cattle · Cows10 lots · lightest first
Cows—Lean 85-90%1,003105.00/cwt105.00–105.001,0534
Cows—Lean 85-90%1,162115.32/cwt110.00–119.001,3406
Cows—Lean 85-90%1,164126.54/cwt126.50–127.001,47311
Cows—Lean 85-90%Return to Feed1,170129.31/cwt124.50–136.001,51315
Cows—Lean 85-90%Return to Feed1,185122.10/cwt106.00–123.001,44734
Cows—Boner 80-85%Return to Feed1,339128.64/cwt128.00–130.001,7224
Cows—Boner 80-85%1,350139.89/cwt138.00–141.501,8892
Cows—Boner 80-85%Return to Feed1,443138.73/cwt135.00–142.502,00216
Cows—Breaker 75-80%Return to Feed1,475141.50/cwt141.50–141.502,0871
Cows—Breaker 75-80%1,613142.96/cwt141.50–145.002,3063
Replacement Cattle · Cow-Calf Pairs3 lots · lightest first
Cow-Calf Pairs—Medium and Large 11,4882,675.00/head2,675.00–2,675.002,67520
Cow-Calf Pairs—Medium and Large 1Broken Mouth1,4882,495.31/head2,425.00–2,650.002,4958
Cow-Calf Pairs—Medium and Large 11,9953,000.00/head3,000.00–3,000.003,0001
Replacement Cattle · Stock Cows2 lots · lightest first
Stock Cows—Medium and Large 1955171.00/cwt171.00–171.001,6331
Stock Cows—Medium and Large 1-21,010147.50/cwt147.50–147.501,4901

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.