Sale reports / Montana / Miles City Livestock Commission / 2021-01-12

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Jan 12
● Final69 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
2,286 head
▲ 1,077 vs last sale 1,209▲ 1,082 vs year ago 1,204 · +89.9%
Slaughter Cattle receipts
507 head
▼ 41 vs last sale 548▲ 412 vs year ago 95 · +433.7%
Replacement Cattle receipts
299 head
▲ 130 vs last sale 169▼ 91 vs year ago 390 · −23.3%
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Reporter comment USDA

As filed

Compared to last week: Steer calves under 500 lbs sold mostly 10.00 lower, 500-599 lbs steers sold steady to 3.00 higher; steers over 600 lbs sold fully steady. Yearling heifers were too lightly tested to develop an accurate market trend, however lower undertones were noticed. Heifers under 450 lbs were too lightly tested to develop a full market trend, however lower undertones were noticed. 450-550 lbs heifers sold 5.00-8.00 higher, Heifers over 550 lbs sold fully steady. Feeder cattle quality was mostly attractive today with many long strings of high quality weaned calves on offer. Lightweight calves sold on mostly light demand this sale with very few takers for this weight of cattle this week. CME positions traded off sharply most of the day as feed commodities traded mostly higher on a bullish WASDE report which was released at 11 AM. Market activity was mostly moderate to active this week. Weigh up cows sold on light to moderate demand for mostly moderate offerings. Both packer and feeding cow buyers showed lighter demand for cows this week. This allowed all cow prices to slide lower. Feeding cows sold mostly 2.00-3.00 lower. Quality this week was mostly average to attractive, however overall the cow offering was not as attractive as the prior week. Slaughter cows mostly 1.00 lower. Slaughter bulls sold 1.00-2.00 lower in a narrow comparison. Young age cows suitable to rebreed sold mostly 5.00-8.00 lower. Quality was mostly average to attractive. Most of these offerings sold as feeding cows this week and were reported as slaughter cows returning to feed. Demand was mostly light to moderate.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $160.69/cwt on 1,408 head.
Average price
$160.69
1,408 head · 563 lb average
Value per head Derived
$905
Price × average weight ÷ 100
Grade differential Derived
−$26
per head · Medium and Large 1-2 over Large 1
$36.58/cwt at this weight
vs the market
−1.93
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2494164.5881359
Medium and Large 1566160.799101,331
Medium 1493157.007748thin
Large 1656128.0084010thin
One grade step is worth $36.58/cwt here — about −$26 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 sale1,408 hd
160.69
—
MT average3 barns · 4,003 hd
162.62
−1.93
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—Average1,79877.111,38719
CowsBoner 80-85%High1,32255.7573762
CowsBreaker 75-80%Low1,61753.948739thin
CowsLean 85-90%Very Low1,15948.15558233

Every lot, as filed

69 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 1Fancy—522164.12/cwt162.00–165.5085717
HeifersMedium and Large 1—651129.00/cwt129.00–129.0084053
HeifersMedium and Large 1—705124.00/cwt124.00–124.008743
HeifersMedium and Large 1—519155.63/cwt153.00–159.5080871
SteersMedium and Large 1-2—568150.12/cwt149.50–155.0085318
HeifersMedium and Large 1-2—602118.00/cwt118.00–118.007108
SteersMedium and Large 1-2—527162.95/cwt161.50–165.008597
SteersMedium and Large 1—727134.09/cwt134.00–135.0097543
HeifersMedium and Large 1Unweaned—648127.00/cwt127.00–127.0082316
SteersMedium and Large 1—424183.04/cwt181.00–185.0077699
SteersMedium and Large 1-2—471169.12/cwt164.00–172.5079710
HeifersMedium and Large 1-2—327160.00/cwt160.00–160.005233
HeifersMedium and Large 1-2—950110.50/cwt110.50–110.501,0501
SteersMedium and Large 1Unweaned—634141.00/cwt141.00–141.0089410
SteersMedium and Large 1—470178.14/cwt172.00–184.75837123
HeifersMedium and Large 1—387161.21/cwt160.00–164.0062416
HeifersMedium and Large 1—339157.82/cwt157.00–160.0053514
HeifersMedium and Large 1—484158.74/cwt155.00–168.0076841
HeifersMedium and Large 1—862113.60/cwt113.00–114.0097930
SteersMedium and Large 1—527172.26/cwt164.00–179.00908285
SteersMedium and Large 1—578158.18/cwt150.50–164.50914254
SteersMedium and Large 1—617150.24/cwt145.75–154.00927304
HeifersMedium and Large 1—922114.00/cwt114.00–114.001,0513
BullsMedium and Large 1—498150.00/cwt150.00–150.0074716
SteersMedium and Large 1Unweaned—748130.50/cwt130.50–130.5097610
SteersMedium and Large 1—343186.23/cwt184.00–195.0063917
HeifersMedium and Large 1—416163.34/cwt158.00–166.5067965
BullsMedium and Large 1—685126.00/cwt126.00–126.008634
CowsBoner 80-85%Return to Feed—1,32062.50/cwt62.50–62.508251
Bulls——2,00077.55/cwt76.00–78.501,5513
Bulls——1,92084.00/cwt84.00–84.001,6131
Bulls—Return to Feed—1,64570.50/cwt70.50–70.501,1601
Bulls—Return to Feed—1,39375.00/cwt75.00–75.001,0452
Bulls——1,83878.33/cwt75.00–81.001,44010
CowsLean 85-90%—1,16437.84/cwt36.00–40.004407
CowsLean 85-90%Light Weight—79532.00/cwt32.00–32.002541
CowsLean 85-90%Return to Feed—1,14346.68/cwt43.00–48.505349
CowsBreaker 75-80%—1,52353.50/cwt53.50–53.508157
CowsBreaker 75-80%—1,94855.50/cwt55.50–55.501,0812
CowsLean 85-90%Return to Feed—1,16453.54/cwt48.00–57.0062355
SteersLarge 1—656128.00/cwt128.00–128.0084010
HeifersLarge 1—516141.50/cwt141.50–141.5073010
HeifersLarge 1—473151.00/cwt151.00–151.007148
CowsLean 85-90%Light Weight—95548.00/cwt48.00–48.004581
CowsBoner 80-85%—1,29048.50/cwt48.50–48.506261
CowsLean 85-90%—1,16344.81/cwt43.00–48.50521113
Bred CowsMedium and Large 1—1,174860.00/cwt860.00–860.0010,0966
Stock CowsMedium and Large 1Thin Fleshed—80965.00/cwt65.00–65.005266
Stock CowsMedium and Large 1—89575.65/cwt48.50–80.25677150
CowsLean 85-90%—1,17249.66/cwt48.00–53.0058226
CowsLean 85-90%Return to Feed—1,18058.45/cwt57.50–59.2569017
CowsLean 85-90%Light Weight—97640.13/cwt36.00–41.503924
HeifersMedium and Large 1-2—403155.00/cwt155.00–155.0062512
SteersMedium and Large 1-2—439174.00/cwt174.00–174.0076424
HeifersMedium and Large 1-2—476147.00/cwt147.00–147.007007
CowsBoner 80-85%Return to Feed—1,32256.40/cwt52.00–57.5074651
Bulls——1,71872.31/cwt71.00–73.501,2422
CowsBoner 80-85%—1,32652.15/cwt49.50–54.006929
HeifersMedium and Large 1-2—537140.63/cwt135.00–143.0075519
SteersMedium and Large 1—396185.00/cwt185.00–185.0073310
HeifersMedium and Large 1—612131.85/cwt128.00–135.0080780
Bred CowsMedium and Large 1Broken Mouth—1,182775.00/cwt775.00–775.009,1615
HeifersMedium 1—764111.27/cwt110.00–112.5085026
SteersMedium 1—493157.00/cwt157.00–157.007748
HeifersMedium and Large 1—795115.00/cwt115.00–115.009147
SteersMedium and Large 1—665143.50/cwt141.75–146.00954158
HeifersMedium and Large 1—561141.90/cwt137.00–143.5079659
HeifersMedium and Large 1-2—582132.72/cwt127.00–135.0077214
SteersMedium and Large 1Fleshy—498159.00/cwt159.00–159.0079218

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.