Sale reports / Montana / Miles City Livestock Commission / 2021-01-19

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Jan 19
● Final51 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
1,063 head
1,223 vs last sale 2,286 32 vs year ago 1,031 · +3.1%
Slaughter Cattle receipts
255 head
252 vs last sale 507 110 vs year ago 145 · +75.9%
Replacement Cattle receipts
864 head
565 vs last sale 299 225 vs year ago 1,089 · 20.7%
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Reporter comment USDA

As filed

Compared to last week: Steers under 500 lbs sold mostly 5.00 higher, steers 500 lbs and heavier sold steady to 5.00 higher. Yearling heifers were too lightly tested to develop an accurate market trend, however lower undertones were noticed. Heifers under 450 lbs sold 3.00-5.00 higher, 450-549 lbs heifers sold generally steady, heifers over 550 lbs sold mostly 3.00-5.00 higher in a narrow comparison. Quality this week was average to attractive, however quality overall was not as attractive as last week. Demand was mostly moderate to good for light to moderate offerings. CME positions pushed higher on differed months, with the April on out showing triple digit gains today. Market activity was mostly moderate to active. Weigh up cows sold on mostly moderate demand for light to moderate offerings. Packer buyers showed stronger demand for slaughter cows this week. The cutter cow cutout has pushed higher in recent days. The current cow cutout is 177.14. Slaughter cows sold mostly 1.00-2.00 higher. Feeding cows sold generally steady. Cow quality was mostly plain to average this week. Many cows were pushing heavy amounts of fill this week offering buyers below average weigh up conditions. Slaughter bulls were too lightly tested to develop an accurate market trend, however higher undertones were noticed as slaughter and feeding buyers competed over offerings. Young age cows suitable to rebreed sold mostly 5.00-8.00 lower. Quality was mostly average. Demand was light.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $153.41/cwt on 671 head.
Average price
$153.41
671 head · 532 lb average
Value per head Derived
$816
Price × average weight ÷ 100
Grade differential Derived
$140
per head · Medium and Large 1 over Medium and Large 1-2
$5.42/cwt at this weight
vs the market
+8.04
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1533153.51819659
Medium and Large 1-2458148.0867912thin
One grade step is worth $5.42/cwt here — about $140 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 sale671 hd
153.41
MT average4 barns · 2,769 hd
145.37
+8.04
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
BullsAverage1,74277.431,34918
CowsBreaker 75-80%Low1,56352.7282429
CowsBoner 80-85%Average1,37052.4471835
CowsLean 85-90%Average1,12846.70527109

Every lot, as filed

51 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 1577144.31/cwt140.00–152.0083370
Bred CowsMedium and Large 11,2761,334.51/cwt1,300.00–1,360.0017,02838
Bred CowsMedium and Large 1Broken Mouth1,281870.93/cwt750.00–1,075.0011,157227
Bred CowsMedium and Large 11,3221,222.23/cwt975.00–1,375.0016,15828
Bred CowsMedium and Large 11,0891,555.53/cwt1,375.00–1,600.0016,94064
Stock CowsMedium and Large 197466.80/cwt54.50–73.0065132
Bred HeifersMedium and Large 19571,320.28/cwt1,200.00–1,400.0012,635253
HeifersMedium and Large 1800115.75/cwt115.75–115.7592628
SteersMedium and Large 1421190.80/cwt187.00–193.0080336
HeifersMedium and Large 1-2520137.00/cwt137.00–137.007125
BullsMedium and Large 1862111.00/cwt111.00–111.009577
BullsMedium and Large 194791.00/cwt91.00–91.008623
Bred CowsMedium and Large 11,225985.00/cwt985.00–985.0012,0667
HeifersMedium and Large 1462163.67/cwt159.00–165.00756148
HeifersMedium and Large 1531152.08/cwt149.00–159.00808213
SteersMedium and Large 1870124.00/cwt124.00–124.001,07911
HeifersMedium and Large 1Fancy467174.00/cwt174.00–174.0081345
HeifersMedium and Large 1423167.64/cwt165.00–169.5070963
SteersMedium and Large 1506174.92/cwt174.00–177.0088579
CowsBreaker 75-80%1,57352.19/cwt52.00–53.0082125
CowsLean 85-90%Return to Feed1,11452.66/cwt51.00–54.0058710
CowsLean 85-90%Light Weight74137.26/cwt35.00–38.002764
BullsReturn to Feed1,80282.26/cwt79.50–83.001,4829
Bulls2,00083.00/cwt83.00–83.001,6601
Bulls1,58267.38/cwt64.00–76.501,0665
CowsLean 85-90%Return to Feed1,17448.26/cwt45.00–50.505676
CowsBoner 80-85%Return to Feed1,36953.89/cwt51.50–55.0073816
CowsBoner 80-85%1,34751.54/cwt51.00–52.5069415
CowsLean 85-90%Light Weight91547.50/cwt47.50–47.504351
CowsBoner 80-85%1,45849.98/cwt45.00–51.507294
CowsLean 85-90%1,16452.29/cwt50.00–54.5060916
Bred CowsMedium and Large 1-21,2591,175.00/cwt1,175.00–1,175.0014,7936
Bred CowsMedium and Large 1-21,0781,076.92/cwt1,075.00–1,100.0011,60915
Bred CowsMedium and Large 1-21,290750.00/cwt750.00–750.009,67512
CowsBreaker 75-80%Return to Feed1,49856.00/cwt56.00–56.008394
BullsReturn to Feed1,38074.23/cwt72.00–77.001,0242
Bulls2,47085.00/cwt85.00–85.002,1001
HeifersMedium and Large 1-2378163.50/cwt163.50–163.506184
HeifersMedium and Large 1-2463146.00/cwt146.00–146.006763
SteersMedium and Large 1571160.43/cwt155.00–163.0091628
CowsLean 85-90%Light Weight92744.81/cwt43.00–47.004156
CowsLean 85-90%1,01532.00/cwt32.00–32.003251
CowsLean 85-90%1,16545.24/cwt42.00–50.0052765
SteersMedium and Large 1618149.33/cwt148.50–150.0092311
HeifersMedium and Large 1648139.25/cwt139.25–139.2590292
SteersMedium and Large 1712140.26/cwt139.75–140.5099942
Bred HeifersMedium 17821,000.00/cwt1,000.00–1,000.007,82011
BullsLarge 11,08083.00/cwt83.00–83.008961
BullsLarge 11,11885.00/cwt85.00–85.009504
SteersMedium and Large 1799134.00/cwt134.00–134.001,07162
SteersMedium and Large 1469182.06/cwt181.00–183.5085414

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.