Sale reports / Montana / Miles City Livestock Commission / 2019-10-08

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Oct 8
● Final62 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
1,684 head
▲ 1,349 vs last sale 335▲ 1,684 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
256 head
▲ 173 vs last sale 83▲ 256 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
216 head
▲ 191 vs last sale 25▲ 216 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers were all too lightly tested last week to develop any market trend. Feeder heifers 800-899 lbs sold mostly 2.00-3.00 lower, 900-999 lbs heifers sold mostly steady to 2.00 higher. Quality overall was attractive. Demand this week was mostly moderate to good for moderate offerings. Several load lots of cattle were on offer this sale, many of which were 3rd party verified NHTC. Demand for these offerings was mostly good. Cattle were mostly off grass and in light to moderate flesh. Market activity this week was moderate to active. Weigh up cows sold on mostly moderate demand for light to moderate offerings. Packers continue to be aggressive as they bid on offerings for immediate harvest. All three packer buyers showed moderate to good demand for slaughter cows. All classes of slaughter cows sold steady to 1.00 higher in a narrow comparison. Weigh up conditions were mixed this week, however overall weigh conditions were significantly better than last week. Demand for feeding cows was mostly moderate to good. Feeding buyers picked around the edges as they searched for high quality cows to feed. Very good demand continues to be seen for large framed fleshy cows to feed for a short time. Feeding cows were too lightly tested last week to develop an accurate market trend however steady to higher undertones were noticed. Slaughter bulls sold mostly steady to 2.00 lower. Bull quality was mostly plain to average this week. Many bulls were lame or very thin this week. Demand for re-breeding cows was mostly moderate to good this sale. Too few comparable sales were seen to make an accurate market trend, however higher undertones were noticed.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $134.53/cwt on 769 head.
Average price
$134.53
769 head · 815 lb average
Value per head Derived
$1,096
Price × average weight ÷ 100
Grade differential Derived
$475
per head · Medium 1 over Large 1-2
$15.99/cwt at this weight
vs the market
+0.86
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1744137.991,027223
Medium 1-2703134.5094614thin
Medium and Large 1846133.851,132476
Medium and Large 1-2854131.871,12624
Large 11,025122.631,25723
Large 1-2453122.005539thin
One grade step is worth $15.99/cwt here — about $475 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 sale769 hd
134.53
—
MT average5 barns · 1,370 hd
133.66
+0.86
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—Low1,71375.181,28861
CowsBreaker 75-80%High1,60671.641,1517thin
CowsBoner 80-85%Average1,44665.5694836
CowsLean 85-90%Low1,21056.95689112

Every lot, as filed

62 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 2—796113.00/cwt113.00–113.0089910
HeifersLarge 1—1,025122.63/cwt121.00–124.501,25723
HeifersLarge 1-2Unweaned—453122.00/cwt122.00–122.005539
BullsMedium and Large 2—868113.00/cwt113.00–113.009814
HeifersMedium 1—696139.50/cwt139.50–139.5097142
HeifersMedium 1—726138.57/cwt136.50–139.501,00687
HeifersMedium 1—783136.79/cwt136.00–137.751,07194
HeifersMedium 1-2—642139.00/cwt139.00–139.008925
HeifersMedium 1-2—737132.00/cwt132.00–132.009739
HeifersMedium and Large 1Full—986122.00/cwt122.00–122.001,20310
HeifersMedium and Large 1—866134.73/cwt134.50–135.001,16793
HeifersMedium and Large 1—974128.83/cwt127.00–130.501,25593
HeifersMedium and Large 1—923132.40/cwt128.50–134.001,222105
HeifersMedium and Large 1—825137.96/cwt135.00–139.501,138117
HeifersMedium and Large 1Unweaned—556125.00/cwt125.00–125.006955
HeifersMedium and Large 1Unweaned—430142.50/cwt142.50–142.5061316
HeifersMedium and Large 1Unweaned—502136.00/cwt136.00–136.0068337
HeifersMedium and Large 1-2—985122.00/cwt122.00–122.001,2023
HeifersMedium and Large 1-2—929126.19/cwt125.00–128.001,1725
HeifersMedium and Large 1-2—806135.50/cwt135.50–135.501,09216
SteersLarge 1—1,022130.01/cwt129.00–133.001,3298
SteersMedium 1—745143.00/cwt143.00–143.001,0653
SteersMedium 1—694149.50/cwt149.50–149.501,03811
SteersMedium and Large 1—877139.00/cwt139.00–139.001,2193
SteersMedium and Large 1—788147.75/cwt147.75–147.751,16419
SteersMedium and Large 1—841142.46/cwt141.75–143.001,19834
SteersMedium and Large 1—932139.10/cwt137.75–140.001,29673
SteersMedium and Large 1—967138.33/cwt136.50–138.501,33891
SteersMedium and Large 1Unweaned—575141.00/cwt141.00–141.008112
SteersMedium and Large 1Unweaned—605137.00/cwt137.00–137.008295
SteersMedium and Large 1Unweaned—392162.00/cwt162.00–162.006356
CowsLean 85-90%—1,20656.97/cwt51.00–60.0068795
CowsLean 85-90%—1,27864.47/cwt62.00–66.008248
CowsLean 85-90%—1,17847.70/cwt44.00–49.005628
CowsLean 85-90%—1,26569.00/cwt69.00–69.008731
CowsBreaker 75-80%Natural—1,58472.50/cwt72.50–72.501,1484
CowsBreaker 75-80%—1,64372.00/cwt72.00–72.001,1832
CowsBreaker 75-80%—1,62067.50/cwt67.50–67.501,0941
CowsBoner 80-85%—1,44565.95/cwt64.50–68.0095321
CowsBoner 80-85%—1,44069.33/cwt68.50–70.509988
CowsBoner 80-85%—1,45660.07/cwt53.50–63.008757
Bulls——1,63671.23/cwt63.00–77.501,16535
Bulls——1,80079.73/cwt78.00–83.001,43524
Bulls——2,01389.79/cwt87.00–92.501,8072
Stock CowsMedium and Large 1-2—1,34563.50/cwt63.50–63.5085417
Stock CowsMedium and Large 1Thin Fleshed—1,10259.00/cwt59.00–59.006503
Stock CowsMedium and Large 1—1,17563.32/cwt62.00–64.007446
Stock CowsMedium and Large 1—1,08572.37/cwt63.50–79.5078557
Stock CowsMedium and Large 1—96481.25/cwt74.00–86.0078330
Stock CowsMedium and Large 1—1,33263.00/cwt60.00–69.0083955
Stock CowsMedium and Large 1—1,57768.99/cwt68.50–70.501,0885
SteersSmall and Medium 1-2—562140.00/cwt140.00–140.0078716
SteersMedium and Large 1-2NHTC—702148.25/cwt148.25–148.251,0419
SteersMedium and Large 1-2NHTC—772143.00/cwt143.00–143.001,1043
SteersMedium and Large 1-2—951103.00/cwt103.00–103.009804
SteersMedium and Large 1-2—742144.00/cwt144.00–144.001,0683
SteersMedium and Large 1NHTC—962142.24/cwt142.00–143.001,36875
SteersMedium and Large 1NHTC—782147.75/cwt147.75–147.751,15547
SteersMedium and Large 1NHTC—937144.00/cwt144.00–144.001,34944
SteersMedium and Large 1NHTC—815145.00/cwt145.00–145.001,1824
SteersMedium and Large 1Unweaned—531150.75/cwt148.00–155.0080086
SteersMedium and Large 1Unweaned—454155.43/cwt155.00–155.5070615

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.