Sale reports / Montana / Miles City Livestock Commission / 2020-06-09

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Jun 9
● Final36 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
172 head
556 vs last sale 728 172 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
202 head
0 vs last sale 202 202 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
865 head
307 vs last sale 1,172 865 vs year ago 0 · no sale a year ago
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Reporter comment USDA

As filed

Compared to last week: Feeder steers were too lightly tested to develop any market trend. Feeder heifers were too lightly tested to develop an accurate market trend, however weak undertones were noticed. Quality this week was mostly average. The majority of feeders were offered in small to moderate size packages. Demand was mostly light to moderate for light offerings. CME positions showed strong positive movement today as the august through October added from 1.00 to 1.175. Market activity was slow to moderate. Weigh up cows comprised the majority of the sale today. Ranchers continue to sell cull cows as branding season is well underway. Cow quality this week was average to very attractive, however overall quality was not as attractive as last week. Weigh up conditions were mixed this week, and overall not as attractive to buyers as some cows were pushing fill. Slaughter cows sold mostly steady to 2.00 higher on all classes. Feeding cows sold mostly steady to 1.00 higher. Multiple feeding buyers were very active this week purchasing cows to feed. This created a very active market. Overall demand for cows was mostly good on moderate to heavy offerings. Slaughter bulls sold firm. Young age cows suitable to feed or re-breed sold unevenly. Demand for high quality offerings suitable to feed continues to be moderate to good, however average quality and feeding quality young cows sold on light to moderate demand. Young cow quality this week was mixed from plain to attractive.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $127.09/cwt on 122 head.
Average price
$127.09
122 head · 733 lb average
Value per head Derived
$932
Price × average weight ÷ 100
Grade differential Derived
−$268
per head · Medium and Large 2 over Medium and Large 1
$5.97/cwt at this weight
vs the market
5.08
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 2535132.007063thin
Medium 1588131.507738thin
Medium and Large 1-2657128.9884823
Medium and Large 1773126.0397488
One grade step is worth $5.97/cwt here — about −$268 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 sale122 hd
127.09
MT average3 barns · 345 hd
132.17
−5.08
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
BullsLow1,84787.551,61747
CowsBreaker 75-80%Low1,51466.101,00144
CowsBoner 80-85%Low1,41463.2789521
CowsLean 85-90%Low1,19761.8674174

Every lot, as filed

36 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
HeifersMedium and Large 1-2770118.17/cwt117.50–118.509103
HeifersMedium and Large 1720128.73/cwt125.00–129.0092715
HeifersMedium and Large 1690132.00/cwt132.00–132.009113
HeifersMedium and Large 1788125.20/cwt122.00–125.5098770
BullsMedium and Large 1-2648129.50/cwt129.50–129.5083912
Stock CowsMedium and Large 11,34364.61/cwt55.00–66.50868200
CowsLean 85-90%1,17558.78/cwt52.00–61.5069124
CowsBoner 80-85%1,40560.26/cwt59.50–60.508474
BullsLight Weight1,43371.02/cwt67.00–75.001,0182
CowsLean 85-90%Light Weight90853.36/cwt52.00–56.004853
Bulls1,58579.25/cwt77.50–80.501,2566
CowsLean 85-90%1,10046.00/cwt46.00–46.005061
CowsBoner 80-85%Natural1,39568.50/cwt68.50–68.509561
CowsBoner 80-85%1,46366.80/cwt66.00–67.509772
CowsLean 85-90%1,27066.51/cwt66.00–70.0084516
Bulls2,00794.69/cwt92.50–98.001,90012
BullsNatural2,24397.00/cwt97.00–97.002,1762
CowsBreaker 75-80%1,64561.35/cwt59.50–62.501,0093
CowsBoner 80-85%1,41163.25/cwt62.00–65.5089214
CowsBreaker 75-80%1,50165.77/cwt64.50–66.2598718
CowsLean 85-90%Light Weight99063.50/cwt63.50–63.506291
CowsLean 85-90%1,21663.21/cwt62.00–65.5076929
Bulls1,83586.68/cwt82.00–90.001,59125
CowsBreaker 75-80%1,50766.98/cwt66.75–67.251,00923
SteersMedium and Large 1-2488151.00/cwt151.00–151.007372
SteersMedium and Large 1-2664137.50/cwt137.50–137.509134
Stock CowsMedium and Large 11,35766.09/cwt62.00–69.25897263
Stock CowsMedium and Large 198694.19/cwt70.50–117.00929122
Stock CowsMedium and Large 11,16370.56/cwt62.50–87.00821166
Stock CowsMedium and Large 1-294770.08/cwt64.00–73.006643
BullsLarge 11,10084.83/cwt83.00–88.509333
HeifersMedium 1588131.50/cwt131.50–131.507738
HeifersMedium and Large 2535132.00/cwt132.00–132.007063
SteersMedium and Large 1-2735134.50/cwt134.50–134.509895
HeifersMedium and Large 1-2666127.00/cwt127.00–127.008468
HeifersMedium and Large 1-2623133.00/cwt133.00–133.0082912

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.