Sale reports / Montana / Miles City Livestock Commission / 2024-10-15

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Oct 15
● Final80 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
3,707 head
▲ 2,390 vs last sale 1,317▲ 1,112 vs year ago 2,595 · +42.9%
Slaughter Cattle receipts
682 head
▲ 296 vs last sale 386▼ 220 vs year ago 902 · −24.4%
Replacement Cattle receipts
140 head
▲ 59 vs last sale 81▼ 55 vs year ago 195 · −28.2%
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Reporter comment USDA

As filed

Compared to last week: Steer calves under 450 lbs sold mostly steady to 5.00 lower, 450-549 lbs steers sold fully steady, steer calves over 550 lbs were too lightly tested last week to develop an accurate market trend, however steady to higher undertones were noticed. Heifer calves under 400 lbs were too lightly tested last week to develop a full market trend, however lower undertones were noticed. 400-449 lbs heifer calves sold mostly 10.00 lower. 450-499 lbs heifers sold fully steady, heifers over 500 lbs were too lightly tested last week to develop a full market trend, however higher undertones were noticed. Yearling steers were too lightly tested to develop any market trend. Yearling heifers sold fully steady in a narrow comparison. Demand for calves was mostly good, while demand for yearlings mostly moderate to good. Demand for light weight calves suitable to run on wheat pasture in the south or out west was very good. CME Feeder cattle positions sold off today with triple digit losses seen today. Quality this sale was mostly average to attractive on calves and plain to average on yearlings. Market activity was mostly active today with a large buyer pool noticed. Weigh up cows sold on good demand for moderate to heavy offerings. Demand for slaughter cows was light, but stronger than last sale as packer buyers were forced to pick around in order to buy cows away from feeding buyers. Slaughter cows sold steady to 5.00 higher on boning and lean cows. Breaking cows were too lightly tested to develop an accurate market trend, however higher undertones were noticed. Feeding cow demand was very good with multiple private ranchers and order buyers buying cows to feed. Even slightly lame or slightly blemished cows found their way to onto feeding buyers orders this week. Feeding cows sold mostly 2.00-5.00 higher. Demand for feeding cows did diminish slightly as buyers filled loads and exited the market. Slaughter bulls sold on mostly moderate demand for light offerings. Slaughter bulls sold mostly 2.00-3.00 higher in a narrow comparison. Weigh up conditions were mostly average this week. Young cows suitable to feed or rebreed sold mostly 10.00 higher. Young age cow quality was mostly average to attractive today. Demand for young cows to rebreed was good to very good with several buyers looking for this class of cows.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $304.09/cwt on 796 head. That ranks 1 of 11 comparable sales and sits −147.48 against this barn's trailing median of $451.58.
Average price
$304.09
796 head · 548 lb average
Value per head Derived
$1,667
Price × average weight ÷ 100
Grade differential Derived
$152
per head · Medium and Large 1 over Large 1
$9.44/cwt at this weight
vs the market
+5.36
vs MT average
+4.76 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1549304.441,671767
Medium and Large 1-2530295.071,56426
Large 1515295.001,5193thin
One grade step is worth $9.44/cwt here — about $152 a head. Across this sale the premium is widest at 300–400 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 sale796 hd
304.09
—
MT average5 barns · 1,795 hd
298.73
+5.36
National average188 barns · 32,793 hd
299.33
+4.76
This barn, trailing median11 sales
451.58
−147.48
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

11 sales
526474422371median 451.5803/1003/3109/2910/2011/03
Steers 500–600 lb: high $512.23, low $384.50, median $451.58 across 11 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—Average1,704146.722,49921
CowsBreaker 75-80%High1,562131.922,06117
CowsBoner 80-85%Average1,351128.591,737169
CowsLean 85-90%Very Low1,178120.061,415289

Every lot

80 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 · Steers24 lots · lightest first
Steers250–300Medium and Large 1Unweaned279413.45/cwt409.00–420.001,15439
Steers300–350Medium and Large 1-2Unweaned320400.00/cwt400.00–400.001,2802
Steers300–350Medium and Large 1Unweaned334422.00/cwt422.00–422.001,40959
Steers350–400Medium and Large 1Unweaned374410.23/cwt392.50–432.501,534100
Steers350–400Medium and Large 1-2Unweaned388348.46/cwt330.00–385.001,35280
Steers400–450Medium and Large 1-2Unweaned419334.09/cwt331.00–342.001,40016
Steers400–450Medium and Large 1Unweaned442351.81/cwt346.00–399.001,555152
Steers450–500Medium and Large 1Unweaned472326.38/cwt311.00–341.001,541329
Steers450–500Large 1Unweaned481304.61/cwt301.00–310.001,46510
Steers450–500Medium and Large 1-2Unweaned487304.94/cwt290.00–306.001,485108
Steers500–550Large 1Unweaned515295.00/cwt295.00–295.001,5193
Steers500–550Medium and Large 1Unweaned530313.58/cwt302.00–317.001,662404
Steers500–550Medium and Large 1-2Unweaned530295.07/cwt286.00–300.001,56426
Steers550–600Medium and Large 1Unweaned570294.26/cwt285.00–298.501,677363
Steers600–650Medium and Large 1Unweaned614267.57/cwt262.00–275.001,64320
Steers600–650Medium and Large 1-2Unweaned644258.00/cwt258.00–258.001,66211
Steers650–700Medium 1679264.00/cwt264.00–264.001,7939
Steers700–750Medium and Large 1-2Unweaned709240.00/cwt240.00–240.001,7026
Steers700–750Medium and Large 1-2733257.00/cwt257.00–257.001,8844
Steers700–750Medium and Large 1744262.00/cwt262.00–262.001,94931
Steers750–800Medium and Large 1-2799237.00/cwt237.00–237.001,89413
Steers800–850Medium and Large 1812246.69/cwt244.00–250.002,00319
Steers850–900Medium and Large 1869232.33/cwt231.50–233.502,01946
Steers1000–1050Medium and Large 1-21,037219.50/cwt219.50–219.502,27615
Feeder Cattle · Heifers29 lots · lightest first
Heifers250–300Medium and Large 1-2Unweaned299345.00/cwt345.00–345.001,0327
Heifers300–350Medium and Large 1Unweaned305369.56/cwt360.00–371.001,12749
Heifers300–350Medium and Large 1-2Unweaned331335.88/cwt330.00–340.001,11214
Heifers350–400Medium and Large 1Unweaned375346.29/cwt335.00–370.001,29997
Heifers350–400Medium and Large 1-2Unweaned388326.76/cwt324.00–327.501,26825
Heifers400–450Medium and Large 1-2Unweaned419306.26/cwt303.00–307.501,2837
Heifers400–450Medium and Large 1Unweaned425323.82/cwt320.00–338.001,376123
Heifers450–500Medium and Large 1Unweaned480301.35/cwt292.00–309.001,446235
Heifers450–500Medium and Large 1-2Unweaned485291.64/cwt287.00–293.001,41413
Heifers500–550Medium and Large 1Unweaned532281.86/cwt269.50–295.001,499179
Heifers500–550Medium and Large 1-2Unweaned535262.00/cwt262.00–262.001,4023
Heifers550–600Medium and Large 1Unweaned571271.68/cwt268.00–274.001,55121
Heifers550–600Medium 1-2588254.00/cwt254.00–254.001,49415
Heifers600–650Medium 1607255.77/cwt255.00–258.001,55332
Heifers600–650Medium and Large 1Unweaned612245.00/cwt245.00–245.001,4999
Heifers650–700Medium 1-2653243.00/cwt243.00–243.001,5876
Heifers650–700Medium 1683249.39/cwt249.00–251.001,70391
Heifers650–700Medium and Large 1698252.00/cwt252.00–252.001,7594
Heifers700–750Medium and Large 1707248.61/cwt246.00–250.501,758147
Heifers700–750Medium 1719243.00/cwt243.00–243.001,7479
Heifers750–800Medium and Large 1761241.07/cwt238.00–242.001,835112
Heifers750–800Medium and Large 1-2798226.00/cwt226.00–226.001,8035
Heifers800–850Medium and Large 1-2812233.00/cwt233.00–233.001,8925
Heifers800–850Medium and Large 1827236.10/cwt234.00–238.501,95363
Heifers850–900Medium and Large 1873232.60/cwt229.00–235.502,03143
Heifers850–900Medium and Large 1-2892225.00/cwt225.00–225.002,0077
Heifers900–950Medium and Large 1-2928219.19/cwt218.00–220.002,0345
Heifers950–1000Medium and Large 1976220.00/cwt220.00–220.002,14711
Heifers1000–1050Medium and Large 11,009215.00/cwt215.00–215.002,1696
Slaughter Cattle · Bulls5 lots · lightest first
Bulls——Natural1,475141.91/cwt134.00–147.002,0935
Bulls——1,697139.66/cwt135.00–146.002,3707
Bulls——Natural1,820167.00/cwt167.00–167.003,0391
Bulls——1,820153.32/cwt148.00–164.002,7906
Bulls——Natural1,890153.53/cwt152.00–155.002,9022
Slaughter Cattle · Cows17 lots · lightest first
Cows—Lean 85-90%Light Weight900111.00/cwt111.00–111.009991
Cows—Lean 85-90%Light Weight90495.06/cwt85.00–107.008595
Cows—Lean 85-90%1,09886.90/cwt82.50–91.009542
Cows—Lean 85-90%1,153101.21/cwt92.00–108.001,16723
Cows—Lean 85-90%Return to Feed1,169114.96/cwt103.00–123.001,34483
Cows—Lean 85-90%1,185112.43/cwt111.00–116.001,3323
Cows—Lean 85-90%Return to Feed1,193132.85/cwt130.00–135.501,58546
Cows—Lean 85-90%Return to Feed1,198123.96/cwt117.00–128.001,485126
Cows—Boner 80-85%1,295129.00/cwt129.00–129.001,6711
Cows—Boner 80-85%1,325114.48/cwt111.00–123.001,51712
Cows—Boner 80-85%Return to Feed1,329136.00/cwt135.00–137.001,80728
Cows—Boner 80-85%Return to Feed1,355129.63/cwt124.00–134.501,756114
Cows—Boner 80-85%Return to Feed1,368121.22/cwt111.00–125.001,65810
Cows—Boner 80-85%1,421107.67/cwt103.00–111.001,5304
Cows—Breaker 75-80%Return to Feed1,507133.00/cwt133.00–133.002,00414
Cows—Breaker 75-80%1,758128.86/cwt128.00–130.002,2652
Cows—Breaker 75-80%1,940123.00/cwt123.00–123.002,3861
Replacement Cattle · Stock Cows4 lots · lightest first
Stock Cows—Medium and Large 1907209.41/cwt186.00–215.001,89924
Stock Cows—Medium and Large 1-2938169.98/cwt150.00–199.001,5945
Stock Cows—Medium and Large 1-2986137.30/cwt131.00–140.001,35410
Stock Cows—Medium and Large 11,044173.19/cwt138.00–191.001,80861
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 1Broken Mouth1,230132.62/cwt127.50–135.001,63123

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.