Sale reports / Montana / Miles City Livestock Commission / 2021-02-09

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Miles City, Montana · Tue, Feb 9
● Final20 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
516 head
516 vs last sale 0 751 vs year ago 1,267 · 59.3%
Slaughter Cattle receipts
3 head
3 vs last sale 0 25 vs year ago 28 · 89.3%
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Reporter comment USDA

As filed

Compared to two weeks ago: Steer calves sold mostly steady in a narrow comparison. Heifers were too lightly tested last sale to develop a full market trend, however steady undertones were noticed. Several load lots were seen this sale and these cattle sold on mostly good demand. Offerings were light. Quality was mostly attractive. Extremely cold temperatures and poor road conditions were seen today and over the last few days which limited the volume of cattle on offer. CME positions traded higher today as all contracts saw triple digit gains. Market activity was mostly moderate to active this week. Weigh up cows and bulls were scarcely traded this week, thus no trend is available. Demand for cows remains good.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $162.57/cwt on 300 head.
Average price
$162.57
300 head · 601 lb average
Value per head Derived
$977
Price × average weight ÷ 100
Grade differential Derived
−$56
per head · Medium and Large 1-2 over Medium and Large 2
$39.00/cwt at this weight
vs the market
+1.76
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2343184.006312thin
Medium and Large 1607162.97989289
Medium and Large 2474145.006879thin
One grade step is worth $39.00/cwt here — about −$56 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 sale300 hd
162.57
MT average3 barns · 2,679 hd
160.81
+1.76
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
BullsLow1,12580.009002thin
CowsLean 85-90%Average1,17558.006821thin

Every lot, as filed

20 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 1570150.84/cwt149.00–153.0086032
SteersMedium and Large 1-2343184.00/cwt184.00–184.006312
SteersMedium and Large 1457190.51/cwt190.00–193.0087124
HeifersMedium and Large 1-2476140.00/cwt140.00–140.0066617
SteersMedium and Large 2495135.00/cwt135.00–135.006685
SteersMedium and Large 1736138.48/cwt137.00–140.001,0198
SteersMedium and Large 2448157.50/cwt157.50–157.507064
HeifersMedium and Large 1644139.00/cwt139.00–139.0089571
SteersMedium and Large 1528170.84/cwt170.00–173.009027
SteersMedium and Large 1343187.00/cwt187.00–187.0064118
SteersMedium and Large 1694151.53/cwt145.00–151.851,052160
SteersMedium and Large 1435191.00/cwt191.00–191.0083141
HeifersMedium and Large 1491157.83/cwt157.50–160.0077569
SteersMedium and Large 1587160.00/cwt160.00–160.0093922
SteersMedium and Large 1763140.00/cwt140.00–140.001,0689
BullsReturn to Feed1,10577.00/cwt77.00–77.008511
BullsReturn to Feed1,14583.00/cwt83.00–83.009501
CowsLean 85-90%1,17558.00/cwt58.00–58.006821
HeifersMedium and Large 1686127.50/cwt127.50–127.508754
HeifersMedium and Large 1766115.00/cwt115.00–115.008816

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.