Sale reports / Montana / Miles City Livestock Commission / 2021-08-24

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Aug 24
● Final62 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
2,099 head
▲ 1,457 vs last sale 642▲ 1,657 vs year ago 442 · +374.9%
Slaughter Cattle receipts
286 head
▼ 7 vs last sale 293▲ 121 vs year ago 165 · +73.3%
Replacement Cattle receipts
102 head
▲ 20 vs last sale 82▼ 11 vs year ago 113 · −9.7%
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Reporter comment USDA

As filed

Compared to last week: Yearling steers were all too lightly tested last week to develop an accurate market trend, however higher undertones were noticed. Steer calves under 450 lbs sold mostly 15.00-20.00 higher. All other steer calves were too lightly tested last week to develop any market trend. Yearling heifers sold unevenly steady in a narrow comparison. The best test for heifer calves was for calves under 400 lbs which sold mostly 10.00-15.00 higher. All other heifer calves were too lightly tested to develop an accurate market trend, however higher undertones were noticed. Calf quality this week was mostly attractive with many long strings of freshly weaned calves on offer. Yearlings were of average to attractive quality with most offerings in light flesh. Outside of one load lot of steers, yearlings were mostly offered in small packages. Demand for both calves and yearlings was good to very good. Market activity was mostly active this week. Weigh up cows sold on moderate demand for light offerings. Cows sold three different ways as buyers purchased them to feed, slaughter, and return to the country to test for breds. Packers showed mostly light to moderate demand for slaughter cows. Slaughter cows sold generally steady to firm on boning and lean cows. Breaking cows were too lightly tested last week to develop any market trend. Feeding cows sold steady to firm. Slaughter bulls sold mostly 1.00-2.00 lower on a lower quality offering. Both cow and bulls were of plain to average quality this week. Most were fresh off range and have been out breeding or have had a calf on them all summer. Cow and bull yields are starting to see seasonal lows. Demand for replacement cows was mostly good as buyers purchased cows to both rebreed or in hopes that they are bred for spring calves. This class of cows were too lightly tested both this week and last to develop any market trend.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $176.73/cwt on 1,048 head.
Average price
$176.73
1,048 head · 504 lb average
Value per head Derived
$891
Price × average weight ÷ 100
Grade differential Derived
−$293
per head · Medium and Large 1 over Large 1
$33.77/cwt at this weight
vs the market
+8.33
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1481180.19866898
Medium and Large 1-2515166.7085855
Medium 1672152.311,02354
Large 1791146.431,15941
One grade step is worth $33.77/cwt here — about −$293 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 sale1,048 hd
176.73
—
MT average2 barns · 1,818 hd
168.40
+8.33
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—High1,76680.311,418102
CowsBreaker 75-80%Low1,74066.511,1577thin
CowsBoner 80-85%Average1,43064.8992890
CowsLean 85-90%Average1,16053.8262456

Every lot, as filed

62 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
SteersMedium and Large 1—818162.00/cwt162.00–162.001,3253
CowsLean 85-90%—1,24860.26/cwt60.00–60.507522
HeifersMedium and Large 1-2—998124.00/cwt124.00–124.001,2382
SteersMedium 1—625174.50/cwt174.50–174.501,09115
SteersMedium and Large 1—755164.00/cwt164.00–164.001,2384
SteersLarge 1—381207.00/cwt207.00–207.0078915
SteersMedium and Large 1—659174.00/cwt174.00–174.001,14722
CowsLean 85-90%Return to Feed—1,21956.14/cwt52.00–61.0068422
CowsLean 85-90%Return to Feed—1,24562.00/cwt62.00–62.007721
Bulls——1,88088.00/cwt88.00–88.001,6541
CowsBreaker 75-80%—1,81865.50/cwt65.50–65.501,1913
CowsBoner 80-85%Return to Feed—1,41964.45/cwt62.00–68.0091549
CowsLean 85-90%—1,16553.94/cwt50.50–56.5062822
CowsLean 85-90%Light Weight—96541.00/cwt41.00–41.003961
CowsLean 85-90%Light Weight—92346.92/cwt44.00–47.504336
CowsBoner 80-85%—1,43562.19/cwt61.50–63.5089213
CowsBreaker 75-80%Return to Feed—1,68267.26/cwt67.00–67.501,1314
CowsBoner 80-85%Return to Feed—1,37957.85/cwt55.00–61.507987
CowsLean 85-90%—1,14043.54/cwt42.00–45.504962
CowsBoner 80-85%Return to Feed—1,47169.92/cwt69.50–70.001,02921
Bulls——1,81084.11/cwt82.00–87.501,52234
Bulls——1,72877.70/cwt66.00–81.501,34359
Bulls—Light Weight—1,15578.50/cwt78.50–78.509071
Bulls—Return to Feed—1,91483.08/cwt83.00–83.501,5906
Bulls—Canadian Origin—2,12583.00/cwt83.00–83.001,7641
Stock CowsMedium and Large 1—92980.95/cwt70.00–91.0075224
Stock CowsMedium and Large 1—1,34964.46/cwt60.50–65.5087022
Stock CowsMedium and Large 1—1,17270.08/cwt63.00–83.0082135
Bred CowsMedium and Large 1—1,18761.50/cwt61.50–61.507307
HeifersMedium and Large 1—934139.87/cwt139.00–140.501,30612
HeifersMedium and Large 1—881143.74/cwt141.00–147.501,26612
HeifersLarge 1—853142.00/cwt142.00–142.001,21110
HeifersLarge 1—744149.50/cwt149.50–149.501,11228
HeifersLarge 1—1,028132.50/cwt132.50–132.501,3623
HeifersMedium and Large 1—681156.36/cwt156.00–157.001,06519
HeifersMedium and Large 1-2—411177.50/cwt177.50–177.5073038
BullsMedium and Large 1-2—878104.00/cwt104.00–104.009133
HeifersMedium and Large 1—807147.95/cwt147.00–148.001,19419
HeifersMedium 1—664154.50/cwt154.50–154.501,02621
HeifersMedium 1—606150.75/cwt150.50–151.0091412
HeifersMedium and Large 1—777152.10/cwt149.75–155.001,18297
HeifersMedium and Large 1Full—935134.50/cwt134.50–134.501,2586
SteersMedium and Large 1-2Unweaned—357202.00/cwt202.00–202.0072121
SteersMedium and Large 1Unweaned—421217.08/cwt206.00–222.00914296
SteersMedium and Large 1Unweaned—490185.00/cwt185.00–185.009076
SteersMedium and Large 1Unweaned—279232.49/cwt232.00–235.0064974
SteersMedium and Large 1-2Unweaned—428196.50/cwt196.50–196.5084146
HeifersMedium and Large 1Unweaned—327198.99/cwt187.50–203.00651292
SteersMedium and Large 1Unweaned—373221.33/cwt213.00–223.0082690
SteersMedium and Large 1Unweaned—327223.59/cwt222.00–227.00731113
HeifersMedium and Large 1Unweaned—265202.50/cwt202.50–202.5053729
SteersMedium and Large 1—724174.94/cwt172.00–175.501,267104
SteersMedium and Large 1-2Unweaned—267226.00/cwt226.00–226.006036
HeifersMedium and Large 1—715155.14/cwt152.75–157.001,10932
SteersMedium and Large 1-2—689164.81/cwt163.50–167.001,13613
HeifersMedium and Large 1—643159.00/cwt159.00–159.001,02213
HeifersMedium 1—717151.00/cwt151.00–151.001,08321
HeifersMedium and Large 1Unweaned—423183.11/cwt180.50–183.50775188
HeifersMedium and Large 1-2—713145.02/cwt144.00–151.501,03415
HeifersMedium and Large 1Unweaned—388184.65/cwt184.50–185.00716145
HeifersMedium and Large 1Unweaned—480171.00/cwt171.00–171.008215
HeifersMedium and Large 1—961138.11/cwt135.50–140.501,32729

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.