Sale reports / Montana / Miles City Livestock Commission / 2020-06-02

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Jun 2
● Final55 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
728 head
19 vs last sale 747 537 vs year ago 191 · +281.2%
Slaughter Cattle receipts
202 head
12 vs last sale 190 17 vs year ago 185 · +9.2%
Replacement Cattle receipts
1,172 head
546 vs last sale 626 331 vs year ago 841 · +39.4%
View

Reporter comment USDA

As filed

Compared to two weeks ago: Feeder steers and heifers were too lightly tested to develop an accurate market trend, however higher undertones were noticed on all classes. Quality this week was mostly average, however a limited offering of attractive quality replacement heifers were seen as well. The majority of feeders were offered in small to moderate size packages. Demand was mostly moderate to good. Demand for replacement quality heifers was mostly good with many ranchers in the stands actively bidding on offerings. CME positions have seen considerable gains since two weeks ago which helped support a higher market this week. Market activity was moderate to active. Weigh up cows sold on mostly good to very good demand for heavy offerings. Quality this week was mostly attractive to very attractive. Feeding buyers were very aggressive this week as they purchased very high quality offerings to feed. Several feeding buyers were on hand this week and all showed good demand for all ages of cows. Feeding cows sold mostly 2.00-4.00 higher. Slaughter cows sold mostly steady to 3.00 higher on all classes. Weigh up conditions were mostly average overall. Slaughter bulls sold generally steady. Young age cows suitable to feed or re-breed sold mostly steady to 5.00 higher. Demand for re-breeding cows was very good this week with several buyers actively bidding on these offerings. Many buyers purchased cows to pregnancy test as many cows sold as is without being tested. Quality was mostly attractive.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $132.03/cwt on 450 head.
Average price
$132.03
450 head · 705 lb average
Value per head Derived
$931
Price × average weight ÷ 100
Grade differential Derived
−$3
per head · Medium 1-2 over Large 1-2
$41.00/cwt at this weight
vs the market
2.18
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1-2496153.007596thin
Medium and Large 1-2602134.4380943
Medium and Large 1723132.05954380
Large 1649122.7679617thin
Large 1-2680112.007624thin
One grade step is worth $41.00/cwt here — about −$3 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 sale450 hd
132.03
MT average2 barns · 1,244 hd
134.21
−2.18
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
BullsAverage1,87585.631,60622
CowsBoner 80-85%High1,40163.2788751
CowsBreaker 75-80%Average1,67661.561,0327thin
CowsLean 85-90%High1,18057.7068181

Every lot, as filed

55 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
Cow-Calf PairsMedium and Large 1Broken Mouth1,2511,275.00/cwt1,275.00–1,275.0015,95014
Stock CowsMedium and Large 1Thin Fleshed1,17457.50/cwt57.50–57.5067517
HeifersMedium and Large 1636134.87/cwt134.00–136.0085852
SteersMedium and Large 1780134.06/cwt131.25–141.001,04640
HeifersMedium and Large 1594136.00/cwt136.00–136.008086
HeifersMedium and Large 1528148.00/cwt148.00–148.0078111
HeifersMedium and Large 1Replacement780131.25/cwt131.25–131.251,02482
HeifersMedium and Large 1830121.00/cwt121.00–121.001,00419
CowsLean 85-90%1,28164.75/cwt64.00–66.508296
CowsBoner 80-85%1,36465.79/cwt64.50–69.0089711
CowsLean 85-90%1,22961.97/cwt58.00–64.5076236
CowsBreaker 75-80%1,67962.79/cwt61.00–64.001,0545
Bulls1,91686.09/cwt80.00–89.001,64916
CowsBoner 80-85%1,41063.32/cwt60.00–64.5089336
Bulls1,42274.14/cwt69.00–78.501,0543
CowsBoner 80-85%1,42655.90/cwt54.00–57.507974
CowsLean 85-90%1,15554.21/cwt50.00–58.0062631
CowsLean 85-90%Light Weight95950.72/cwt45.00–54.504865
CowsBreaker 75-80%1,66858.50/cwt58.50–58.509762
Bulls2,11294.67/cwt92.50–97.001,9993
CowsLean 85-90%1,02540.12/cwt38.00–43.504113
SteersMedium and Large 1635158.00/cwt158.00–158.001,00310
SteersMedium and Large 1710140.00/cwt140.00–140.009948
HeifersMedium and Large 1-2481147.00/cwt147.00–147.007079
HeifersMedium and Large 1-2652131.50/cwt131.50–131.508575
HeifersMedium and Large 1Replacement854119.00/cwt119.00–119.001,01611
HeifersMedium and Large 1690133.86/cwt133.50–135.0092446
HeifersLarge 1639124.00/cwt124.00–124.0079214
BullsLarge 1-21,08582.00/cwt82.00–82.008901
BullsLarge 1959109.00/cwt109.00–109.001,0454
SteersLarge 11,088107.00/cwt107.00–107.001,16426
HeifersLarge 1-2680112.00/cwt112.00–112.007624
SteersMedium and Large 1-2568152.61/cwt150.00–157.0086720
HeifersMedium and Large 1-2631131.03/cwt125.00–133.5082729
SteersMedium and Large 2533145.50/cwt145.50–145.507763
SteersMedium 1703131.00/cwt131.00–131.009219
HeifersMedium 1-2496153.00/cwt153.00–153.007596
HeifersLarge 1693117.00/cwt117.00–117.008113
Stock CowsMedium and Large 1-285367.22/cwt67.00–67.505732
Stock CowsMedium and Large 11,3401,150.00/cwt1,150.00–1,150.0015,4102
Stock CowsMedium and Large 11,32963.14/cwt58.00–66.00839267
BullsMedium and Large 1-2601134.50/cwt134.50–134.508088
SteersMedium and Large 1-2634152.00/cwt152.00–152.0096413
SteersMedium and Large 1-2715133.50/cwt133.50–133.509553
Stock CowsMedium and Large 11,21272.66/cwt64.00–96.00881125
Stock CowsMedium and Large 11,05492.12/cwt73.50–106.00971134
BullsMedium and Large 1964131.89/cwt125.00–137.001,27134
Stock CowsMedium and Large 11,38464.39/cwt60.00–68.00891285
Stock CowsMedium and Large 1Thin Fleshed1,03259.00/cwt59.00–59.006093
Stock CowsMedium and Large 1-293868.00/cwt68.00–68.006382
Cow-Calf PairsMedium and Large 11,4011,310.00/cwt1,310.00–1,310.0018,3536
HeifersMedium and Large 1714131.09/cwt126.00–133.5093691
SteersMedium and Large 1666154.00/cwt154.00–154.001,02617
HeifersMedium and Large 1Replacement705138.20/cwt138.00–138.2597442
HeifersMedium and Large 1Replacement835123.00/cwt123.00–123.001,02720

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.