Sale reports / Montana / Miles City Livestock Commission / 2019-06-04

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Jun 4
● Final34 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
191 head
▲ 82 vs last sale 109▲ 191 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
185 head
▲ 40 vs last sale 145▲ 185 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
841 head
▲ 353 vs last sale 488▲ 841 vs year ago 0 · no sale a year ago
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Reporter comment USDA

As filed

Compared to last week: Feeder steers and heifers were all scarcely tested again this week thus no trend is available. Rain has finally slowed and allowed ranchers to brand. Demand for feeders was light on very light offerings. Quality this week was plain. Weigh up cows sold on mostly good demand today as packers and feeding buyers both showed good demand for cows. Packers opted to send most of the cow offering to feed this week. Many cows were short term feeding cows that packers are stashing away for the week of July 4th. Cow quality this week was attractive to very attractive. Slaughter cows sold steady to 2.00 higher on lean and boning cows, breaking cows sold 2.00-3.00 higher. Feeding buyers purchased most of the fleshy cows to send to feed. Feeding cows sold mostly 1.00-3.00 higher as many buyers were in the market bidding on offerings. Slaughter bulls sold unevenly steady. Packers wanted to buy bulls lower this week and they started out the sale lower, however demand for bulls remains good and by the end of the sale bulls were higher than last week. Bulls sold 1.00 lower to 3.00 higher. Young age cows sold higher as re-breed demand continues to help push these offerings higher. Quality was average to attractive this week. Offerings were mostly light.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $133.42/cwt on 62 head.
Average price
$133.42
62 head · 665 lb average
Value per head Derived
$887
Price × average weight ÷ 100
Grade differential Derived
$222
per head · Medium and Large 1 over Medium and Large 1-2
$7.38/cwt at this weight
vs the market
−4.48
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1684134.4992053
Medium and Large 1-2550127.116999thin
One grade step is worth $7.38/cwt here — about $222 a head. Across this sale the premium is widest at 0–100 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 0–100 lb

Same class and week · spot auction only
This sale62 hd
133.42
—
MT average3 barns · 758 hd
137.90
−4.48
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

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—Average1,86388.311,64555
CowsBreaker 75-80%Low1,64471.331,17311
CowsBoner 80-85%Low1,47667.751,00029
CowsLean 85-90%Very Low1,19061.3073072

Every lot, as filed

34 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.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
BullsMedium and Large 1—933110.00/cwt110.00–110.001,0264
BullsMedium and Large 1—865118.00/cwt118.00–118.001,0215
BullsMedium and Large 1-2—836115.50/cwt115.50–115.509669
Bulls——1,79885.99/cwt83.00–89.501,54623
Bulls——1,53977.46/cwt74.50–80.001,1927
Bulls——2,02292.56/cwt89.00–96.001,87216
Stock CowsMedium and Large 1—1,01797.02/cwt75.50–113.0098776
Stock CowsMedium and Large 1—1,14280.67/cwt70.00–106.0092176
Stock CowsMedium and Large 1—1,37270.40/cwt68.00–74.5096685
Stock CowsMedium and Large 1-2—1,06459.44/cwt55.50–61.5063213
Stock CowsMedium and Large 1-2—1,23064.50/cwt64.50–64.507931
Stock CowsMedium and Large 1-2—97172.00/cwt72.00–72.006994
HeifersMedium and Large 1-2—571128.00/cwt128.00–128.007315
SteersMedium and Large 1—681151.00/cwt146.50–152.501,0288
SteersMedium and Large 1-2—531154.50/cwt154.50–154.508207
Cow-Calf PairsMedium and Large 1—1,4281,875.00/cwt1,875.00–1,875.0026,77512
Stock CowsMedium and Large 1—1,24366.34/cwt61.50–71.00825185
Stock CowsMedium and Large 1—1,36669.45/cwt64.00–72.00949270
CowsBreaker 75-80%—1,58767.85/cwt67.50–68.501,0773
CowsBreaker 75-80%—1,66572.64/cwt70.50–73.001,2098
CowsLean 85-90%—1,19550.90/cwt49.00–53.006082
HeifersMedium and Large 1—773124.00/cwt124.00–124.009596
HeifersMedium and Large 1—673135.83/cwt133.00–136.5091447
HeifersMedium and Large 1-2—523126.00/cwt126.00–126.006594
CowsBoner 80-85%—1,37264.22/cwt63.50–65.508813
CowsBoner 80-85%—1,43569.81/cwt69.00–70.001,0028
CowsLean 85-90%—1,28367.94/cwt67.50–68.508723
CowsLean 85-90%—1,22765.28/cwt63.00–67.0080130
CowsLean 85-90%—1,17158.45/cwt54.00–62.5068434
CowsBoner 80-85%—1,51167.42/cwt65.50–69.001,01918
CowsLean 85-90%Light Weight—87050.00/cwt50.00–50.004351
CowsLean 85-90%Light Weight—99056.00/cwt54.00–58.005542
Bulls—Natural—1,96091.23/cwt87.00–94.001,7884
Bulls—Natural—2,02898.27/cwt94.50–102.501,9935

How this sale compares

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.