Sale reports / Montana / Miles City Livestock Commission / 2021-04-20

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Apr 20
● Final69 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
1,551 head
▲ 557 vs last sale 994▲ 17 vs year ago 1,534 · +1.1%
Slaughter Cattle receipts
170 head
▲ 16 vs last sale 154▲ 60 vs year ago 110 · +54.5%
Replacement Cattle receipts
227 head
▲ 99 vs last sale 128▲ 52 vs year ago 175 · +29.7%
View

Reporter comment USDA

As filed

Compared to last week: Steers were all too lightly tested last week to develop an accurate market trend, however lower undertones were noticed. Heifers under 500 lbs were too lightly tested to develop an accurate market trend, however higher undertones were noticed. Heifers weighing over 500 lbs sold mostly steady to 4.00 higher. Quality today was average to attractive and better overall than last week. Feeder cattle were offered in mostly moderate size packages this week, with one load lot of steers on offer. A heavy offering of cutting bulls were on offer today as several load lots were on offer. Bulls sold on good to very good demand as quality was mostly attractive. CME positions traded mostly higher today. The April contract closed at 137.575, 0.15 lower while the May contract closed 0.30 higher at 142.775. The deferred contracts August through the end of 2021 closed 1.25 to 1.75 higher. Market activity was mostly moderate to active. Weigh up cows sold on mostly moderate demand for light offerings. Slaughter cows sold steady to 2.00 lower. Feeding cows sold fully steady. Feeding buyers were less aggressive on older, thinner cows this week which allowed packers to buy slaughter cows steady to lower. High quality feeding cows continue to sell on good demand as both packer and feeding cow buyers bid aggressively over light offerings. Slaughter bulls were too lightly tested to develop an accurate market trend, however lower undertones were noticed. Young age cows suitable to feed or rebreed sold generally steady. Very good demand was seen for a high quality reputation offering of 3 year old cows this week. Quality overall was average.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $152.88/cwt on 703 head.
Average price
$152.88
703 head · 619 lb average
Value per head Derived
$946
Price × average weight ÷ 100
Grade differential Derived
$60
per head · Medium and Large 1 over Medium and Large 1-2
$13.35/cwt at this weight
vs the market
+4.51
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1617153.85950652
Medium and Large 1-2634140.5089051
One grade step is worth $13.35/cwt here — about $60 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 sale703 hd
152.88
—
MT average3 barns · 4,159 hd
148.37
+4.51
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—Low1,77586.231,53115
CowsBreaker 75-80%Low1,53070.081,0729thin
CowsBoner 80-85%Average1,40667.4094746
CowsLean 85-90%Average1,16463.3773778

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 1—622154.51/cwt145.00–159.00961280
HeifersMedium and Large 1-2—479158.00/cwt158.00–158.007574
SteersMedium and Large 1-2—579171.35/cwt170.00–173.0099219
Cow-Calf PairsMedium and Large 1—1,3451,100.00/cwt1,100.00–1,100.0014,7954
HeifersMedium and Large 1—452172.00/cwt172.00–172.007773
SteersMedium and Large 1—618169.87/cwt162.00–172.001,05064
SteersMedium and Large 1—825134.00/cwt134.00–134.001,10626
SteersMedium and Large 1-2—661152.89/cwt149.50–154.001,01117
SteersMedium and Large 1-2—510173.62/cwt171.00–174.0088543
HeifersMedium and Large 1-2—445165.00/cwt165.00–165.007344
SteersMedium and Large 1—670159.09/cwt158.00–160.001,06613
BullsMedium and Large 1—735133.00/cwt133.00–133.0097810
HeifersMedium and Large 1—765133.00/cwt133.00–133.001,01715
BullsMedium and Large 1-2—75150.00/cwt150.00–150.001131
SteersMedium and Large 1-2—484181.00/cwt181.00–181.008764
HeifersMedium and Large 1-2—723131.00/cwt131.00–131.009472
SteersMedium and Large 1—733144.00/cwt144.00–144.001,0565
HeifersMedium and Large 1Replacement—760135.50/cwt135.50–135.501,03014
HeifersMedium and Large 1—570160.91/cwt158.00–163.5091782
HeifersMedium and Large 1—705140.24/cwt138.50–143.5098961
SteersMedium and Large 1—564182.54/cwt175.00–186.251,030152
HeifersMedium and Large 1Replacement—669141.50/cwt141.50–141.5094711
HeifersMedium and Large 1-2—614136.00/cwt136.00–136.008354
BullsMedium and Large 1-2—821126.00/cwt126.00–126.001,03410
BullsMedium and Large 1-2—725128.00/cwt128.00–128.009288
HeifersMedium and Large 1—841118.50/cwt118.50–118.509974
BullsMedium and Large 1—784132.00/cwt132.00–132.001,03586
HeifersMedium and Large 1—424177.13/cwt171.00–179.5075111
CowsLean 85-90%—1,19667.00/cwt66.00–67.508017
CowsBoner 80-85%Return to Feed—1,35769.01/cwt67.00–70.5093616
CowsBoner 80-85%Return to Feed—1,41765.80/cwt65.50–66.509325
Bulls——1,44779.05/cwt73.00–82.001,1443
Bulls——2,09993.58/cwt93.00–95.001,9644
Bulls——1,65785.79/cwt83.00–88.501,4227
CowsBreaker 75-80%—1,51467.51/cwt67.00–68.001,0222
CowsLean 85-90%Return to Feed—1,10070.00/cwt70.00–70.007701
CowsLean 85-90%Return to Feed—1,13067.59/cwt67.00–69.5076411
CowsLean 85-90%—1,10552.96/cwt52.00–54.005852
CowsBoner 80-85%Return to Feed—1,40271.17/cwt71.00–71.509986
CowsBreaker 75-80%—1,57071.05/cwt70.00–72.501,1154
SteersMedium 1—428185.00/cwt185.00–185.007924
BullsLarge 1—1,17291.00/cwt91.00–91.001,0673
SteersLarge 1—765136.00/cwt136.00–136.001,0403
CowsBoner 80-85%—1,50573.00/cwt73.00–73.001,0991
CowsBoner 80-85%—1,41467.61/cwt67.50–68.509568
Bulls——2,29081.50/cwt81.50–81.501,8661
Stock CowsMedium and Large 1-2—76582.50/cwt82.50–82.506311
Stock CowsMedium and Large 1—1,09081.63/cwt67.00–102.5089065
Stock CowsMedium and Large 1Thin Fleshed—718105.00/cwt105.00–105.007544
CowsLean 85-90%Return to Feed—1,13165.53/cwt60.00–66.5074130
CowsBoner 80-85%—1,46362.64/cwt58.00–65.0091610
CowsLean 85-90%—1,21258.83/cwt52.00–65.0071327
SteersMedium and Large 1-2—643156.00/cwt156.00–156.001,00311
SteersMedium and Large 1-2—435183.00/cwt183.00–183.007963
HeifersMedium and Large 1-2—786124.82/cwt124.00–125.0098117
BullsLarge 1—725129.00/cwt129.00–129.0093513
BullsLarge 1—839126.50/cwt126.50–126.501,0617
CowsBreaker 75-80%Return to Feed—1,48870.50/cwt70.50–70.501,0493
HeifersMedium and Large 1-2—664135.00/cwt135.00–135.008967
HeifersMedium and Large 1-2—332170.00/cwt170.00–170.005643
HeifersMedium and Large 1—530165.51/cwt160.50–170.50877112
SteersMedium 1-2—490175.00/cwt175.00–175.0085810
SteersMedium 1-2—405183.00/cwt183.00–183.007414
SteersMedium 1—554171.00/cwt171.00–171.0094710
HeifersMedium and Large 1-2—571149.06/cwt140.50–155.5085110
SteersMedium and Large 1—946121.00/cwt121.00–121.001,14520
HeifersMedium and Large 1—686141.93/cwt140.00–143.0097459
BullsMedium and Large 1—867130.60/cwt129.75–131.501,132105
Stock CowsMedium and Large 1—93895.65/cwt82.00–108.0089799

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.