Sale reports / Montana / Miles City Livestock Commission / 2020-08-11

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Aug 11
● Final50 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
970 head
881 vs last sale 89 970 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
209 head
13 vs last sale 222 209 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
198 head
25 vs last sale 173 198 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last reported sale (6-30-20): Feeder steers and heifers were too lightly tested last sale to develop any market trend. Yearling type cattle sold on mostly good demand for moderate offerings. Quality this week was mostly average to attractive. Yearlings coming off grass were mostly offered in small packages this sale. Limited load lots were seen this week, however these offerings sold with the best demand. Flesh conditions were mostly light to very light this sale as many cattle were coming out of dry country. Market activity was mostly moderate to active with many buyers on hand. Weigh up cows sold on mostly good to very good demand. Feeding and packer buyers both pushed to own offerings this sale which created a very active market with many bidders and buyers. Slaughter cows sold mostly 2.00-4.00 higher than the last reported sale on all classes. Slaughter bulls sold mostly 3.00-5.00 higher. Feeding bulls were purchased this sale which pushed packer buyers to pay more for lower dressing bulls as they competed with feeding buyers. Feeding cows sold mostly steady to 2.00 higher. Weigh up conditions were mostly below average as warm weather had most cows and bulls packing fill.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $146.08/cwt on 650 head.
Average price
$146.08
650 head · 820 lb average
Value per head Derived
$1,198
Price × average weight ÷ 100
Grade differential Derived
−$147
per head · Medium 1 over Large 1-2
$49.50/cwt at this weight
vs the market
+0.67
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1659166.001,09424
Medium and Large 1813147.061,196566
Medium 1-2607145.008803thin
Medium and Large 1-2820135.271,10924
Large 11,081123.751,33829
Large 1-21,066116.501,2414thin
One grade step is worth $49.50/cwt here — about −$147 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 sale650 hd
146.08
MT average2 barns · 701 hd
145.41
+0.67
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
BullsAverage1,86790.161,68362
CowsBreaker 75-80%Average1,62268.221,10610
CowsBoner 80-85%Average1,45067.7098234
CowsLean 85-90%High1,24560.9575830

Every lot, as filed

50 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
Stock CowsMedium and Large 11,43268.48/cwt65.50–75.0098128
HeifersMedium and Large 1937128.50/cwt128.50–128.501,2043
SteersMedium and Large 1-2960118.00/cwt118.00–118.001,1333
SteersMedium and Large 1-2832138.08/cwt136.00–142.501,1493
SteersMedium and Large 1-2654154.00/cwt154.00–154.001,0074
SteersMedium and Large 1-2867131.91/cwt128.00–137.001,1448
HeifersMedium and Large 1Unweaned394152.00/cwt152.00–152.005995
SteersMedium and Large 1NHTC927140.25/cwt140.25–140.251,30036
SteersMedium and Large 1880138.61/cwt137.50–139.501,22076
SteersMedium and Large 1627161.62/cwt161.00–162.001,01334
Stock CowsMedium and Large 11,42267.92/cwt65.00–70.0096693
Stock CowsMedium and Large 11,30665.62/cwt61.50–67.2585739
SteersMedium and Large 1Unweaned384183.00/cwt183.00–183.007038
HeifersMedium and Large 1773137.93/cwt136.00–138.501,06649
SteersMedium and Large 1815147.50/cwt147.50–147.501,20258
SteersMedium and Large 1962134.91/cwt134.00–136.001,298122
Stock CowsMedium and Large 11,21578.92/cwt75.00–80.009599
HeifersMedium and Large 1Unweaned565138.00/cwt138.00–138.0078012
SteersMedium and Large 1788146.52/cwt145.25–148.501,15584
HeifersMedium and Large 1719141.17/cwt140.00–144.001,01514
CowsLean 85-90%1,07571.00/cwt71.00–71.007631
Bulls1,90489.91/cwt85.50–94.001,71239
CowsLean 85-90%1,23365.70/cwt65.00–68.008106
CowsBreaker 75-80%1,57067.14/cwt67.00–68.001,0548
CowsBoner 80-85%1,43368.35/cwt65.50–69.0097925
BullsNatural2,18097.50/cwt97.50–97.502,1261
CowsBoner 80-85%1,44762.49/cwt61.50–64.509046
CowsLean 85-90%1,26660.14/cwt54.50–64.5076121
BullsLight Weight1,28880.45/cwt75.00–84.001,0365
Bulls1,96196.42/cwt94.00–102.001,89113
CowsBreaker 75-80%1,83072.52/cwt72.00–73.001,3272
CowsBoner 80-85%1,60272.72/cwt72.00–73.001,1653
CowsLean 85-90%1,13850.13/cwt48.00–52.505702
Bulls1,84182.58/cwt78.50–84.501,5204
HeifersMedium and Large 1859133.50/cwt133.50–133.501,1474
SteersMedium and Large 1672164.12/cwt158.00–164.751,10344
HeifersMedium and Large 1617145.60/cwt145.00–146.0089828
HeifersMedium and Large 1823131.50/cwt131.50–131.501,0822
HeifersMedium and Large 1NHTC858134.50/cwt134.50–134.501,15436
SteersMedium and Large 1724155.28/cwt147.00–156.501,124104
SteersMedium 1-2607145.00/cwt145.00–145.008803
HeifersMedium 1-2558134.00/cwt134.00–134.007488
HeifersMedium 1631145.00/cwt145.00–145.0091518
HeifersMedium 1727135.00/cwt135.00–135.009813
SteersMedium 1659166.00/cwt166.00–166.001,09424
SteersMedium and Large 1-2790134.50/cwt134.50–134.501,0636
SteersLarge 1-21,093116.00/cwt116.00–116.001,2682
BullsLarge 1-21,08581.50/cwt81.50–81.508841
SteersLarge 1-21,038117.00/cwt117.00–117.001,2142
SteersLarge 1NHTC1,081123.75/cwt123.75–123.751,33829

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.