Sale reports / Montana / Miles City Livestock Commission / 2019-08-27

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Aug 27
● Final51 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
1,327 head
▲ 1,258 vs last sale 69▲ 1,327 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
245 head
▲ 112 vs last sale 133▲ 245 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
161 head
▲ 80 vs last sale 81▲ 161 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last sale (8-6-2019): Feeder steers and heifers were all too lightly tested last sale to develop any market trend. Demand for yearlings was moderate to good with nearly all offerings coming off grass. Yearlings were in light flesh with a few offerings pushing light to moderate flesh. Quality was average to attractive. Buyers were able to piece together loads as offerings were mostly comprised of mostly small to moderate size packages. Limited load lots were seen this week. Market activity was moderate to active this week. Slaughter cows sold on good to very good demand. Feeder buyers were the driving force in the market this week as cow supplies in the corn belt are tight and buyers are looking west for high quality cows at a competitive price. Packer buyers were forced to be competitive for cows as feeder buyers showed strong demand for all cows on offer regardless of age. Slaughter cows sold mostly 1.00-3.00 higher; feeding cows sold mostly 2.00-5.00 higher. Slaughter bulls sold on lighter demand this week. Bull quality was lower than last sale as mostly lame, blemished or bulls that have been out breeding were on offer this week. Bulls on average were yielding 1-2% lower than last sale. Slaughter bulls sold mostly 1.00-3.00 lower. Packers opted to feed a good portion of the bulls under 1800 lbs as long as they were thin, sound and unblemished. Young age cows suitable to re-breed sold on moderate to good demand. These offerings sold with higher undertones compared to last sale.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $130.69/cwt on 613 head.
Average price
$130.69
613 head · 839 lb average
Value per head Derived
$1,096
Price × average weight ÷ 100
Grade differential Derived
−$238
per head · Medium 1 over Large 1
$18.61/cwt at this weight
vs the market
+1.10
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1708135.8596265
Medium 1-2599135.0080913thin
Medium and Large 1861130.481,124473
Medium and Large 1-2802128.811,03347
Large 11,023117.241,19915thin
One grade step is worth $18.61/cwt here — about −$238 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 sale613 hd
130.69
—
MT average2 barns · 699 hd
129.59
+1.10
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—High1,78082.641,471103
CowsBreaker 75-80%High1,48471.501,0615thin
CowsBoner 80-85%Average1,42966.3894919
CowsLean 85-90%Low1,18459.6070627

Every lot, as filed

51 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
SteersMedium and Large 1Full—794137.05/cwt136.00–137.501,08810
Bulls——1,97588.65/cwt86.50–91.751,75117
Bulls——1,60875.50/cwt65.00–80.001,21422
Bulls——1,77683.36/cwt79.00–86.501,48062
BullsLarge 1—1,09696.00/cwt96.00–96.001,05210
CowsBoner 80-85%—1,47568.43/cwt68.00–69.251,0097
CowsBreaker 75-80%—1,48471.50/cwt71.50–71.501,0615
Stock CowsMedium and Large 1—1,35765.87/cwt61.00–71.0089433
Stock CowsMedium and Large 1—1,42669.73/cwt68.00–71.5099428
Stock CowsMedium and Large 1—1,02594.15/cwt91.00–100.009653
Stock CowsMedium and Large 1—1,12777.40/cwt72.00–89.0087222
SteersMedium and Large 1-2—752133.50/cwt133.50–133.501,0047
SteersMedium and Large 1—823139.78/cwt137.75–140.751,15047
SteersMedium and Large 1—781140.98/cwt140.25–142.501,101114
Stock CowsMedium and Large 1—1,33771.49/cwt67.50–72.5095642
Stock CowsMedium and Large 1-2—1,15957.62/cwt56.00–59.506684
Stock CowsMedium and Large 1-2—1,02385.00/cwt85.00–85.008703
SteersMedium 1—679143.62/cwt143.50–144.5097525
SteersMedium and Large 1—716147.51/cwt143.25–149.251,056128
SteersMedium 1—590151.00/cwt151.00–151.008915
SteersMedium 1—620144.00/cwt144.00–144.0089310
SteersLarge 1—1,089121.50/cwt121.50–121.501,32313
SteersLarge 1—1,034127.50/cwt127.50–127.501,31821
HeifersMedium and Large 1—916128.09/cwt125.50–130.001,17387
SteersMedium and Large 1—964127.91/cwt126.00–130.751,23321
SteersMedium and Large 1Unweaned—492154.50/cwt154.50–154.507608
HeifersMedium and Large 1Unweaned—519135.50/cwt135.50–135.5070310
Bulls—Natural—2,12088.00/cwt88.00–88.001,8662
CowsLean 85-90%Light Weight—96063.00/cwt63.00–63.006051
HeifersMedium 1—691136.88/cwt135.50–138.0094647
CowsLean 85-90%—1,22259.67/cwt55.00–64.5072916
CowsLean 85-90%—1,16565.50/cwt65.50–65.507635
CowsBoner 80-85%—1,38060.98/cwt58.00–63.008427
CowsBoner 80-85%—1,43371.08/cwt70.00–75.501,0195
CowsLean 85-90%—1,12752.80/cwt52.00–53.005955
HeifersLarge 1—1,023117.24/cwt116.25–118.751,19915
HeifersMedium 1—744133.70/cwt133.25–134.5099515
HeifersMedium 1—793130.50/cwt130.50–130.501,0353
HeifersMedium and Large 1-2—799131.50/cwt131.50–131.501,0516
HeifersMedium and Large 1—824133.00/cwt133.00–133.001,0965
HeifersMedium 1-2—599135.00/cwt135.00–135.0080913
HeifersMedium and Large 1-2—713132.54/cwt132.00–133.0094511
HeifersMedium and Large 1-2—898126.50/cwt126.50–126.501,1367
HeifersMedium and Large 1-2—816127.03/cwt125.00–130.501,03723
HeifersMedium and Large 1—989121.07/cwt120.25–126.001,19754
HeifersMedium and Large 1—865131.44/cwt127.00–134.001,137223
HeifersMedium and Large 1—767135.14/cwt132.50–136.751,03794
SteersMedium and Large 1-2—981121.00/cwt121.00–121.001,1877
SteersMedium and Large 1—851139.50/cwt139.50–139.501,1877
SteersMedium and Large 1—666150.00/cwt150.00–150.0099928
SteersMedium and Large 1—904135.00/cwt135.00–135.001,22027

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.