Sale reports / Montana / Miles City Livestock Commission / 2020-10-20

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Oct 20
● Final79 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
2,265 head
▼ 281 vs last sale 2,546▼ 1,474 vs year ago 3,739 · −39.4%
Slaughter Cattle receipts
960 head
▲ 418 vs last sale 542▲ 610 vs year ago 350 · +174.3%
Replacement Cattle receipts
300 head
▼ 97 vs last sale 397▼ 500 vs year ago 800 · −62.5%
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Reporter comment USDA

As filed

Compared to last week: Yearling steers and heifers were too lightly tested to develop any market trend. Unweaned steer calves weighing less than 400 lbs sold Steady to firm. 400-649 lbs sold 10.00-20.00 lower. Yearling heifers were too lightly tested to develop an accurate market trend, however lower undertones were noticed. Unweaned heifer calves under 400 lbs sold fully steady; over 400 lbs sold 2.00-4.00 lower. Demand for all feeder cattle was light to moderate. Quality this week was average to attractive. Calves continue to sell out of extremely dry country and are light fleshed and lightweight as a result. CME positions sold off sharply early in the week and buyers adjusted prices to fit lower breakeven reflective of lower live cattle contracts. This coupled with higher grain prices created sharply lower prices this week. Calves preconditioned with two rounds sold with the best demand and sold with an $8.00-10.00 premium over calves with only spring vaccinations. Market activity was mostly slow to moderate today despite a large crowd and many buyers ringside. Weigh up cows sold on mostly light to moderate demand for heavy offerings. Cow quality this week was mostly average and better overall compared to last week. Many cows continue to be in very thin to thin flesh. Feeding cows sold mostly 2.00-4.00 lower on breaking flesh cows and steady to 2.00 higher on boning and lean cows. Slaughter cows sold steady to firm. Yielding conditions were slightly better this week and cows offered buyers better weigh up conditions as well. Slaughter bulls were too lightly tested to develop an accurate market trend, steady undertones were noticed. 2-3 year old cows suitable to rebreed sold mostly 5.00 lower. Quality was plain to average.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $159.65/cwt on 1,009 head.
Average price
$159.65
1,009 head · 469 lb average
Value per head Derived
$749
Price × average weight ÷ 100
Grade differential Derived
$15
per head · Medium and Large 1 over Medium and Large 1-2
$15.47/cwt at this weight
vs the market
+2.41
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1465162.22754838
Medium and Large 2404149.4260319thin
Medium and Large 1-2504146.75739152
One grade step is worth $15.47/cwt here — about $15 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 sale1,009 hd
159.65
—
MT average5 barns · 5,190 hd
157.24
+2.41
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—Average1,66872.271,20522
CowsBreaker 75-80%High1,51866.641,01217
CowsBoner 80-85%Average1,37357.0078394
CowsLean 85-90%Average1,13949.00558440

Every lot, as filed

79 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 1—98271.64/cwt60.00–81.5070487
SteersMedium and Large 1-2Unweaned—595126.00/cwt126.00–126.007507
SteersMedium and Large 1-2Unweaned—438155.86/cwt144.00–166.0068311
SteersMedium and Large 1-2Unweaned—258190.00/cwt190.00–190.004903
Bred CowsMedium and Large 1—9431,200.00/cwt1,200.00–1,200.0011,3165
HeifersMedium and Large 1-2—763124.67/cwt122.00–126.0095119
CowsBoner 80-85%—1,30353.76/cwt53.00–54.507002
SteersMedium and Large 1-2—717131.18/cwt130.00–133.5094113
SteersMedium and Large 1-2Unweaned—475142.67/cwt141.50–145.0067835
SteersMedium and Large 1-2Unweaned—538132.46/cwt124.00–142.0071346
HeifersMedium 1Unweaned—525110.00/cwt110.00–110.005788
Stock CowsMedium and Large 1Thin Fleshed—91666.73/cwt61.00–75.006115
CowsBreaker 75-80%—1,49369.50/cwt69.50–69.501,0382
Bred CowsMedium and Large 1—1,112900.00/cwt900.00–900.0010,0088
Bred CowsMedium and Large 1—1,363950.00/cwt950.00–950.0012,9492
Stock CowsMedium and Large 1—91680.92/cwt70.00–90.0074168
CowsLean 85-90%Light Weight—96351.01/cwt50.00–53.004913
CowsBreaker 75-80%Return to Feed—1,52666.58/cwt64.00–69.501,01612
CowsBoner 80-85%—1,37748.69/cwt48.00–50.006706
CowsLean 85-90%—1,17850.85/cwt48.50–55.50599138
CowsBoner 80-85%Return to Feed—1,37758.75/cwt52.00–62.5080948
CowsLean 85-90%Return to Feed—1,18355.41/cwt52.00–62.0065657
Bulls——1,84277.52/cwt75.50–81.001,4287
CowsBreaker 75-80%Return to Feed—1,56569.00/cwt69.00–69.001,0801
CowsLean 85-90%Light Weight—91638.69/cwt31.00–43.003548
CowsBoner 80-85%Return to Feed—1,38564.82/cwt63.00–67.5089813
CowsLean 85-90%Return to Feed—1,19864.52/cwt64.00–65.007734
Bulls——1,82583.50/cwt83.50–83.501,5241
CowsBreaker 75-80%Return to Feed—1,47363.00/cwt63.00–63.009282
CowsLean 85-90%—1,11846.49/cwt44.25–49.50520139
CowsLean 85-90%—1,10040.76/cwt34.00–44.5044823
CowsBoner 80-85%Return to Feed—1,36551.82/cwt50.50–52.0070725
Bulls——1,63569.53/cwt63.50–73.501,13712
CowsLean 85-90%Light Weight—96746.11/cwt44.00–49.0044631
CowsLean 85-90%Return to Feed—1,22549.56/cwt48.00–51.0060737
Bulls—Light Weight—1,17564.76/cwt63.00–66.507612
HeifersLarge 1—986112.00/cwt112.00–112.001,10411
Bred CowsLarge 1—1,246850.00/cwt850.00–850.0010,59124
Bred CowsLarge 1—1,286835.00/cwt835.00–835.0010,7389
SteersMedium and Large 2Unweaned—520125.00/cwt125.00–125.006503
HeifersMedium and Large 2Unweaned—435131.55/cwt130.50–132.0057210
HeifersMedium and Large 1-2Unweaned—343152.00/cwt152.00–152.0052117
SteersMedium and Large 1Natural—518156.50/cwt156.50–156.5081176
SteersMedium and Large 1-2—778129.96/cwt126.00–132.001,0117
HeifersMedium and Large 1-2Unweaned—536126.07/cwt125.00–126.506767
SteersMedium and Large 1-2Unweaned—330186.42/cwt175.00–192.5061512
HeifersMedium and Large 1-2—907117.00/cwt117.00–117.001,0613
SteersMedium and Large 1Unweaned—431165.73/cwt161.00–175.00714223
HeifersMedium and Large 1-2Unweaned—379145.31/cwt142.00–147.0055134
SteersMedium and Large 1Unweaned—366192.61/cwt176.00–208.0070584
SteersMedium and Large 2Unweaned—382154.00/cwt154.00–154.0058816
HeifersMedium and Large 1-2—825122.00/cwt122.00–122.001,0071
BullsMedium and Large 1-2Unweaned—417152.50/cwt152.50–152.506363
HeifersMedium and Large 1Unweaned—514135.06/cwt132.00–136.5069491
SteersMedium and Large 1Unweaned—524148.33/cwt144.00–152.00777140
SteersMedium and Large 1Unweaned—553144.19/cwt141.00–146.0079732
SteersMedium and Large 1-2Unweaned—372177.83/cwt174.00–182.5066218
HeifersMedium and Large 1-2Unweaned—413136.91/cwt135.00–140.0056517
HeifersMedium and Large 1Unweaned—555125.92/cwt124.00–126.5069941
SteersMedium and Large 1Unweaned—488147.78/cwt146.00–156.00721172
HeifersMedium and Large 1Unweaned—342156.52/cwt155.00–157.0053540
HeifersMedium and Large 1—881123.64/cwt120.50–125.501,08929
HeifersMedium and Large 1-2—877120.50/cwt120.50–120.501,0575
BullsMedium and Large 1Unweaned—385181.00/cwt181.00–181.006971
HeifersMedium and Large 1—922120.63/cwt119.50–121.001,1128
SteersMedium and Large 1Unweaned—280215.00/cwt215.00–215.006022
HeifersMedium and Large 1Unweaned—425147.08/cwt144.00–151.75625145
HeifersMedium and Large 1Unweaned—376155.34/cwt153.00–157.00584103
HeifersMedium and Large 1-2Unweaned—550116.00/cwt116.00–116.006382
HeifersMedium and Large 1Unweaned—290145.00/cwt145.00–145.0042114
HeifersMedium and Large 1Unweaned—479141.10/cwt137.50–142.50676160
HeifersMedium and Large 1—828129.72/cwt129.50–130.001,07425
SteersMedium and Large 1—920130.00/cwt130.00–130.001,1963
SteersMedium and Large 1Unweaned—669128.00/cwt128.00–128.008564
SteersMedium and Large 1Unweaned—329206.36/cwt200.00–215.0067971
SteersMedium and Large 1Unweaned—607133.23/cwt132.00–134.0080931
HeifersLarge 1Unweaned—455135.00/cwt135.00–135.006142
HeifersLarge 1-2Unweaned—269127.50/cwt127.50–127.503434
Bred CowsLarge 1—1,086900.00/cwt900.00–900.009,77413

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.