Sale reports / Montana / Miles City Livestock Commission / 2020-11-17

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Nov 17
● Final76 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
5,832 head
▲ 3,028 vs last sale 2,804▲ 2,671 vs year ago 3,161 · +84.5%
Slaughter Cattle receipts
1,664 head
▲ 933 vs last sale 731▲ 1,504 vs year ago 160 · +940.0%
Replacement Cattle receipts
310 head
▲ 24 vs last sale 286▼ 1,051 vs year ago 1,361 · −77.2%
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Reporter comment USDA

As filed

Compared to last week: Yearling steers and heifers were too lightly tested last week to develop any market trend. Moderate to good demand was seen for yearlings this week. Unweaned steer calves under 400 lbs were too lightly tested last week to develop an accurate market trend, steady to weak undertones were noticed; 400-549 lbs unweaned steers sold steady to 2.00 higher; unweaned steers 550 lbs and heavier sold steady to 3.00 lower. Unweaned heifers under 450 lbs sold 5.00-10.00 higher; 450-599 lbs unweaned heifers sold unevenly steady from 3.00 lower to 5.00 higher; unweaned heifers over 600 lbs were too lightly tested to develop an accurate market trend, however higher undertones were noticed. Quality this week was outstanding with many long strings of attractive to very attractive calves. Demand was good and unwavering throughout todays very long sale which stretched well into the evening. Many load lots of fresh, clean calves were seen this sale and most calves were offered with fall preconditioning shots. Market activity was mostly active this week with a full house of ranchers and order buyers actively bidding on offerings. Weigh up cows sold on mostly moderate demand for heavy offerings. Packers showed stronger demand for slaughter cows this week, opting to send most offerings directly to slaughter instead of feed. While cow prices overall were steady with last week, the purpose they were purchased for changed. Slaughter cows sold steady to 2.00 higher. Feeding cows sold steady to weak. Quality this week was mostly average and many thin cows continue to be marketed. Ranchers looking for cows to pregnancy test and feed help support a small portion of the cow market this week. Slaughter bulls sold generally steady. A higher quality bull offering was seen this week. Young age cows suitable to feed or rebreed sold 3.00-5.00 higher. Demand for these offerings was mostly good with several buyers in the market this week looking for this class of cow. Quality was mostly average.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $168.35/cwt on 2,843 head.
Average price
$168.35
2,843 head · 509 lb average
Value per head Derived
$857
Price × average weight ÷ 100
Grade differential Derived
$250
per head · Medium and Large 1 over Medium and Large 2
$28.81/cwt at this weight
vs the market
+4.96
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1511168.818632,569
Medium and Large 1-2495165.54819238
Large 1484161.0077924
Medium and Large 2438140.0061312thin
One grade step is worth $28.81/cwt here — about $250 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 sale2,843 hd
168.35
—
MT average5 barns · 7,425 hd
163.39
+4.96
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—Low1,63573.251,19740
CowsBreaker 75-80%Average1,51362.509463thin
CowsBoner 80-85%Average1,37754.6875340
CowsLean 85-90%Low1,15346.87541402

Every lot, as filed

76 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 1-2Unweaned—435149.86/cwt149.00–152.50652113
HeifersMedium and Large 1-2—765127.82/cwt127.50–129.0097823
HeifersMedium and Large 1Unweaned—636128.30/cwt128.00–131.0081629
HeifersMedium and Large 1Replacement—441159.00/cwt159.00–159.0070125
HeifersMedium and Large 1Replacement—527159.00/cwt159.00–159.0083888
SteersMedium and Large 1Unweaned—770140.00/cwt140.00–140.001,0781
HeifersMedium and Large 1-2Unweaned—316153.36/cwt150.00–155.0048555
HeifersMedium and Large 1-2Unweaned—596123.31/cwt122.00–125.0073516
HeifersMedium and Large 1—704131.50/cwt131.50–131.5092639
SteersMedium and Large 1Unweaned—627142.62/cwt138.00–145.0089434
HeifersMedium and Large 1Unweaned—371171.72/cwt164.00–174.00637190
HeifersMedium and Large 1Unweaned—481151.41/cwt147.00–158.75728178
SteersMedium and Large 1Unweaned—529164.30/cwt160.50–167.00869675
SteersMedium and Large 1Unweaned—296221.00/cwt221.00–221.0065418
HeifersMedium and Large 1—783132.50/cwt132.50–132.501,03727
HeifersMedium and Large 1Replacement—457162.00/cwt162.00–162.0074060
BullsMedium and Large 1Unweaned—401170.00/cwt170.00–170.0068211
BullsMedium and Large 1Unweaned—632129.00/cwt129.00–129.008156
SteersMedium and Large 1Unweaned—571153.13/cwt146.50–157.50874601
SteersMedium and Large 1Unweaned—473178.56/cwt166.00–182.50845451
HeifersMedium and Large 1—952125.00/cwt125.00–125.001,19016
SteersMedium and Large 1—592157.01/cwt150.50–157.2592982
SteersMedium and Large 1Unweaned—346207.55/cwt200.00–218.0071824
HeifersMedium and Large 1Unweaned—311174.76/cwt174.00–175.0054427
HeifersMedium and Large 1Unweaned—577135.84/cwt134.00–140.0078458
HeifersMedium and Large 1—827131.07/cwt129.00–131.501,08436
SteersMedium and Large 1Unweaned—670138.76/cwt137.00–143.0093019
HeifersMedium and Large 1Unweaned—515148.52/cwt142.00–152.00765392
SteersMedium and Large 1—442183.00/cwt183.00–183.008099
HeifersMedium and Large 1—907125.75/cwt125.75–125.751,14117
SteersMedium and Large 1—707137.00/cwt137.00–137.0096917
SteersMedium and Large 1—513163.95/cwt161.50–164.5084198
Stock CowsMedium and Large 1—96783.83/cwt68.00–95.0081161
Stock CowsMedium and Large 1Thin Fleshed—1,05765.50/cwt65.50–65.506926
HeifersMedium 1—725123.00/cwt123.00–123.008924
HeifersMedium 1—639139.00/cwt139.00–139.0088833
SteersLarge 1Unweaned—484161.00/cwt161.00–161.0077924
HeifersLarge 1—802125.00/cwt125.00–125.001,0035
CowsLean 85-90%—1,14744.73/cwt41.00–48.00513155
CowsLean 85-90%Return to Feed—1,19447.82/cwt44.00–50.0057166
CowsLean 85-90%Light Weight—93635.35/cwt34.00–41.003316
CowsLean 85-90%—1,08537.50/cwt34.00–40.0040731
Bulls—Return to Feed—1,57872.52/cwt71.50–73.501,1442
CowsLean 85-90%Light Weight—93537.88/cwt34.00–47.0035421
CowsBreaker 75-80%Return to Feed—1,51362.50/cwt62.00–63.509463
CowsBoner 80-85%Return to Feed—1,37656.64/cwt50.50–59.0077932
Bulls——1,54864.99/cwt55.00–74.001,00611
Bulls—Light Weight—1,17564.61/cwt62.00–66.507593
CowsBoner 80-85%Return to Feed—1,51847.29/cwt46.00–48.507182
CowsBoner 80-85%—1,33546.15/cwt45.00–48.006165
HeifersMedium and Large 1Unweaned—434159.83/cwt154.00–164.00694362
SteersMedium and Large 1Fancy—467184.94/cwt184.50–187.00864144
Bulls——1,72082.51/cwt82.00–83.001,4192
Bulls—Return to Feed—1,73877.78/cwt75.00–80.501,35222
CowsLean 85-90%Light Weight—99049.50/cwt49.50–49.504901
CowsLean 85-90%—1,24748.01/cwt47.00–51.0059915
SteersMedium and Large 2Unweaned—438140.00/cwt140.00–140.0061312
HeifersMedium and Large 2Unweaned—383149.00/cwt149.00–149.0057133
CowsBoner 80-85%—1,35049.50/cwt49.50–49.506681
CowsLean 85-90%Return to Feed—1,20154.34/cwt49.50–59.00653107
SteersMedium and Large 1-2Unweaned—526155.00/cwt155.00–155.0081522
SteersMedium and Large 1-2Unweaned—485158.12/cwt156.00–164.0076714
SteersMedium and Large 1-2Unweaned—685132.00/cwt132.00–132.009042
HeifersMedium and Large 1-2Unweaned—474138.58/cwt124.00–146.5065777
Stock CowsMedium and Large 1-2Thin Fleshed—1,09448.00/cwt48.00–48.005255
Stock CowsMedium and Large 1—1,00472.41/cwt53.00–81.0072778
SteersMedium and Large 1-2—729146.00/cwt146.00–146.001,06462
SteersMedium and Large 1-2Unweaned—324187.41/cwt185.00–192.0060726
SteersMedium and Large 1-2Unweaned—426172.54/cwt170.00–175.0073558
SteersMedium and Large 1-2Unweaned—364177.37/cwt176.00–184.0064654
HeifersMedium and Large 2Unweaned—510121.00/cwt121.00–121.006173
BullsMedium and Large 1-2Unweaned—422155.00/cwt155.00–155.006546
HeifersMedium and Large 1-2Unweaned—380149.39/cwt144.00–161.0056876
SteersMedium and Large 1Unweaned—431185.01/cwt179.75–189.00797243
SteersMedium and Large 1Unweaned—383197.35/cwt192.50–199.00756134
SteersMedium and Large 1Unweaned—704140.69/cwt138.00–141.0099019

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.