Sale reports / Montana / Miles City Livestock Commission / 2019-10-22

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Oct 22
● Final82 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
3,739 head
▲ 1,977 vs last sale 1,762▲ 3,739 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
350 head
▲ 140 vs last sale 210▲ 350 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
800 head
▲ 107 vs last sale 693▲ 800 vs year ago 0 · no sale a year ago
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Reporter comment USDA

As filed

Compared to last week: Steer calves under 450 lbs were too lightly tested last week to develop an accurate market trend, however higher undertones were noticed, 450-599 lbs sold mostly 4.00-6.00 lower. Yearling steers were too lightly tested to develop any market trend. Heifer calves weighing under 400 lbs were too lightly tested to trend, however higher undertones were noticed; heifer calves 400-499 lbs sold mostly 5.00-8.00 higher; heifers over 500 lbs sold steady to 3.00 lower; Yearling heifers were too lightly tested to develop any market trend. Demand this week was mostly moderate for heavy offerings. The best demand was seen for steers weighing less than 475 lbs and heifers weighing less than 525 lbs suitable to run on grass. Demand for feedlot ready calves was light to moderate as many locations in the corn belt are still wet. Additionally, many farmers are still tied up with harvest as late plantings have led to a later than usual harvest. Quality this week was average to attractive on all calves on offer. Many buyers showed little to no interest for calves with only one round of preconditioning shots. The biggest price gaps between preconditioned and non preconditioned calves existed in grass cattle as very few takers could be found for calves with only one round or no shots. Market activity this week was mostly moderate to active. Weigh up cows sold on very light to moderate demand for heavy offerings. Packers opted to send the majority of offerings to feed this week. Slaughter cows sold on very light demand as seasonably heavy cow volumes have severely diminished demand for cows for immediate harvest. Slaughter cows sold sharply lower with most sales 10.00-15.00 lower on boning and lean cows. Breaking cows sold weak. Feeding cows sold mostly 6.00-10.00 lower. The best demand for cows was for large frame or fleshy cows which packers or feeders could feed to premium white. Slaughter bulls sold 10.00 lower. Re-breed cows sold with higher undertones.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $149.05/cwt on 1,920 head.
Average price
$149.05
1,920 head · 558 lb average
Value per head Derived
$832
Price × average weight ÷ 100
Grade differential Derived
$214
per head · Medium and Large 1 over Medium and Large 2
$27.49/cwt at this weight
vs the market
−4.34
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1556150.498361,640
Medium 1565147.3583334
Medium and Large 1-2572145.82834135
Medium 1-2706137.009678thin
Large 1-2550134.4773931
Large 1685132.6990932
Medium 2496131.2965131
Medium and Large 2506123.006229thin
One grade step is worth $27.49/cwt here — about $214 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 sale1,920 hd
149.05
—
MT average5 barns · 6,474 hd
153.39
−4.34
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—High1,75865.311,14830
CowsBreaker 75-80%Low1,63167.561,1028thin
CowsBoner 80-85%High1,38350.136938thin
CowsLean 85-90%Average1,21540.7649571

Every lot, as filed

82 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 1-2Unweaned—586140.95/cwt139.00–142.5082617
SteersMedium and Large 1-2Unweaned—542141.76/cwt134.00–144.0076818
SteersMedium and Large 1-2Unweaned—607141.02/cwt131.00–141.5085646
SteersMedium 1-2—706137.00/cwt137.00–137.009678
SteersMedium and Large 1Unweaned—265195.47/cwt192.50–200.005185
Stock CowsMedium and Large 1Thin Fleshed—1,03554.87/cwt46.00–56.5056818
SteersMedium and Large 1Fancy—621151.87/cwt150.25–152.7594352
SteersMedium and Large 1—892139.00/cwt139.00–139.001,2403
SteersMedium and Large 1—721150.75/cwt150.75–150.751,08776
SteersMedium and Large 1Unweaned—364184.01/cwt183.00–185.0067022
SteersMedium and Large 1Unweaned—677137.52/cwt135.00–139.5093136
SteersMedium and Large 1Unweaned—433164.54/cwt151.00–175.0071290
Stock CowsMedium and Large 1Thin Fleshed—1,27045.50/cwt45.50–45.505782
HeifersMedium and Large 1-2Unweaned—537127.77/cwt125.00–130.0068629
HeifersMedium and Large 1-2Unweaned—580130.00/cwt130.00–130.0075429
HeifersMedium and Large 1-2Unweaned—427139.42/cwt137.00–142.0059530
SteersMedium and Large 1Unweaned—470157.30/cwt152.50–166.00739268
Bred CowsMedium and Large 1-2—1,05073.75/cwt73.75–73.7577415
Stock CowsMedium and Large 1—1,31856.46/cwt49.00–64.00744160
HeifersMedium and Large 1Full—822131.50/cwt131.50–131.501,0813
HeifersMedium and Large 1—964131.00/cwt131.00–131.001,2635
SteersLarge 1-2Unweaned—579131.50/cwt131.50–131.5076123
SteersMedium 1—642142.00/cwt142.00–142.0091221
SteersMedium 1Unweaned—441156.00/cwt156.00–156.0068813
HeifersMedium and Large 1—830136.46/cwt135.25–137.251,13355
SteersMedium and Large 1-2Unweaned—669134.00/cwt134.00–134.008964
SteersMedium and Large 1-2Unweaned—366174.00/cwt174.00–174.0063711
Stock CowsMedium and Large 1—1,38257.76/cwt50.50–63.5079867
Stock CowsMedium and Large 1—93988.21/cwt75.00–113.0082861
Stock CowsMedium and Large 1—1,18463.04/cwt57.00–68.5074620
Stock CowsMedium and Large 1—1,05862.22/cwt57.50–63.0065829
Stock CowsMedium and Large 1Thin Fleshed—1,18044.52/cwt41.25–49.00525109
HeifersMedium and Large 1-2Unweaned—336152.50/cwt152.50–152.505128
HeifersMedium and Large 1-2Unweaned—394148.00/cwt148.00–148.005838
Bulls——1,75574.86/cwt73.00–77.001,3142
Bulls——1,72062.08/cwt54.50–65.001,06813
Bulls——1,79166.84/cwt58.50–71.001,19715
CowsLean 85-90%—1,35547.18/cwt46.50–48.006396
CowsBoner 80-85%—1,54058.00/cwt58.00–58.008931
CowsBoner 80-85%—1,36149.00/cwt49.00–49.006677
CowsBreaker 75-80%—1,42356.11/cwt54.50–58.007982
CowsLean 85-90%—1,22442.74/cwt37.00–47.5052343
CowsLean 85-90%Light Weight—95338.36/cwt34.50–42.003662
CowsBreaker 75-80%—1,70071.37/cwt69.50–72.001,2136
CowsLean 85-90%—1,18134.82/cwt31.00–38.0041120
HeifersMedium 1Unweaned—412137.26/cwt133.00–139.0056641
HeifersMedium and Large 1Fancy—488153.50/cwt153.50–153.5074926
SteersMedium and Large 1-2Unweaned—472151.78/cwt151.50–152.0071611
SteersMedium and Large 1-2Unweaned—436152.67/cwt152.50–153.0066612
HeifersMedium and Large 1Unweaned—645128.00/cwt128.00–128.008262
HeifersMedium and Large 1Unweaned—334160.40/cwt160.00–160.5053620
HeifersMedium and Large 1Unweaned—386150.20/cwt150.00–150.2558029
HeifersMedium and Large 1Unweaned—573129.37/cwt126.00–132.0074170
HeifersMedium and Large 1Unweaned—420149.49/cwt146.00–151.50628107
HeifersMedium and Large 1Unweaned—471141.72/cwt138.00–149.00668189
HeifersMedium and Large 1Unweaned—517135.37/cwt130.50–139.00700196
HeifersMedium and Large 1-2—823133.00/cwt133.00–133.001,0953
SteersLarge 1—1,060125.00/cwt125.00–125.001,3252
SteersLarge 1Unweaned—601143.00/cwt143.00–143.008599
SteersMedium and Large 1Unweaned—619143.58/cwt133.50–147.75889312
SteersMedium and Large 1Unweaned—528150.43/cwt146.00–153.00794362
SteersMedium and Large 1Unweaned—576146.95/cwt142.50–151.00846414
SteersMedium and Large 1-2—893132.00/cwt132.00–132.001,1792
SteersMedium and Large 1-2—930133.50/cwt133.50–133.501,24210
HeifersMedium and Large 1-2Unweaned—475138.17/cwt136.00–140.5065616
HeifersLarge 1—1,058118.00/cwt118.00–118.001,2482
HeifersLarge 1—1,016128.50/cwt128.50–128.501,30611
HeifersLarge 1Unweaned—609124.88/cwt122.50–125.5076130
HeifersMedium 1—791135.50/cwt135.50–135.501,0726
HeifersMedium 1Unweaned—392147.00/cwt147.00–147.005769
SteersMedium and Large 2Unweaned—506123.00/cwt123.00–123.006229
HeifersMedium and Large 1—859136.00/cwt136.00–136.001,16817
HeifersMedium and Large 1—925130.21/cwt127.00–131.501,20418
HeifersMedium and Large 1—756138.25/cwt138.25–138.251,04534
HeifersMedium 1Unweaned—513130.00/cwt130.00–130.0066710
SteersMedium 2—535121.00/cwt121.00–121.006479
SteersMedium 2—480135.50/cwt135.50–135.5065022
SteersMedium and Large 1-2Unweaned—343175.00/cwt175.00–175.006004
HeifersMedium and Large 1Replacement—568134.48/cwt131.50–135.5076482
HeifersMedium and Large 1Replacement—520141.55/cwt140.00–143.50736110
SteersLarge 1Unweaned—685129.00/cwt129.00–129.0088421
SteersLarge 1-2Unweaned—466143.00/cwt143.00–143.006668

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.