Sale reports / Montana / Miles City Livestock Commission / 2021-10-19

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Oct 19
● Final83 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
4,147 head
▲ 975 vs last sale 3,172▲ 1,882 vs year ago 2,265 · +83.1%
Slaughter Cattle receipts
1,437 head
▼ 428 vs last sale 1,865▲ 477 vs year ago 960 · +49.7%
Replacement Cattle receipts
495 head
▼ 195 vs last sale 690▲ 195 vs year ago 300 · +65.0%
View

Reporter comment USDA

As filed

Compared to last week: Yearling steers were too lightly tested to develop an market trend. Yearling heifers were very lightly tested, lower undertones were noticed. Demand for yearlings was light to moderate on an average quality offering. Steer calves under 350 lbs were not well compared, lower undertones were noticed. Steer calves 350-449 lbs sold mostly steady to 5.00 lower, 450-599 lbs steers sold unevenly steady from 10.00 lower to 5.00 higher, steer calves over 600 lbs sold with higher undertones. Heifers under 450 lbs sold mostly steady to 5.00 higher, however instances of sharply higher prices were noted. Heifers 450-549 lbs sold unevenly steady from 3.00 higher to 4.00 lower. Heifers over 550 lbs sold with steady to weak undertones. Quality this week was mostly attractive to very attractive and noticeably higher in quality than last week. Vaccinations were vital to selling calves this week as Calves with two rounds of preconditioning shots sold with the best demand and offered 12.00-15.00 premiums in some instances. This led to very wide price spreads. Trucking is also still a major issue. Demand for feeders is moderate to good but buyers are limiting the volume of feeders they purchased due to lack of transportation. Buyers focused on buying front end calves, especially ones with two rounds of vaccinations and passed or discounted average quality calves or calves with only spring shots. Heavy discounts were seen on plain or average quality cattle. Several sets of very attractive heifer calves were seen this week. On many of these offerings consigners kept no replacements. Demand for grass cattle remains good to very good. Market activity this week was moderate to active. Weigh up cows sold on mostly moderate to good demand for heavy offerings. An additional packer buyer was present this week which helped create strong competition for cows. This coupled with very strong demand for thin feeding cows helped push all cow prices higher. Slaughter cows sold mostly 1.00-3.00 higher on lean cows, boning and breaking cows were too lightly tested last week to develop any market trend. The majority of cows were purchased to feed this week. Feeding cows sold mostly 2.00-5.00 higher, with the best demand seen for high quality cows suitable to feed to premium white. Many sets of very thin cows were purchased to turn out on corn stalks or feed a holding ration until the market improves for the holidays. Additionally, several buyers purchased cows to preg test or cows that were ranch tested bred. Slaughter bulls were too lightly tested to develop an accurate market trend, as most sold as feeding bulls this week. Bull prices were higher this week but were purchased for a different purpose. Young age cows suitable to feed or rebreed sold mostly 3.00-5.00 lower. Quality this week was mostly average and not as attractive as last week. More thin offerings were seen this week.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $178.31/cwt on 1,826 head.
Average price
$178.31
1,826 head · 466 lb average
Value per head Derived
$830
Price × average weight ÷ 100
Grade differential Derived
$325
per head · Medium and Large 1 over Medium 2
$65.97/cwt at this weight
vs the market
+1.23
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1477180.978641,516
Medium and Large 1-2415170.87710250
Medium and Large 2340152.7852043
Medium 2469115.0053917thin
One grade step is worth $65.97/cwt here — about $325 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 sale1,826 hd
178.31
—
MT average3 barns · 4,875 hd
177.08
+1.23
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—Low1,62876.371,24329
CowsBreaker 75-80%Average1,63568.001,1121thin
CowsBoner 80-85%Low1,35361.0982687
CowsLean 85-90%Very Low1,12245.16507475

Every lot, as filed

83 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
Stock CowsMedium and Large 1-2—91281.08/cwt61.00–85.0073911
Stock CowsMedium and Large 1—98962.37/cwt58.00–64.0061728
Stock CowsMedium and Large 1-2—1,17070.00/cwt70.00–70.008191
Stock CowsMedium and Large 1Thin Fleshed—85067.50/cwt67.50–67.505741
Stock CowsMedium and Large 1Thin Fleshed—1,16246.50/cwt46.50–46.505407
Bred CowsMedium and Large 1—1,20563.75/cwt63.75–63.7576815
Stock CowsMedium and Large 1—848102.07/cwt84.00–110.5086694
Stock CowsMedium and Large 1Thin Fleshed—1,04047.00/cwt47.00–47.004891
Bred CowsMedium and Large 1-2—1,070850.00/cwt850.00–850.009,0952
Bred CowsMedium and Large 1-2—1,240810.00/cwt810.00–810.0010,0442
Bred CowsMedium and Large 1—1,23851.00/cwt51.00–51.006313
Bred CowsMedium and Large 1Thin Fleshed—1,05951.00/cwt51.00–51.005407
HeifersMedium and Large 1Unweaned—326175.72/cwt170.00–186.00573133
HeifersMedium and Large 1-2Unweaned—476141.00/cwt141.00–141.0067114
HeifersMedium and Large 1-2Unweaned—393164.00/cwt164.00–164.0064522
HeifersMedium and Large 1-2Unweaned—417146.44/cwt140.00–153.0061130
HeifersMedium and Large 1Unweaned—477158.45/cwt149.00–167.00756250
HeifersMedium and Large 1Unweaned—624136.77/cwt128.00–139.0085327
HeifersMedium and Large 1Unweaned—430164.24/cwt161.00–172.00706190
SteersMedium and Large 1-2Unweaned—431171.34/cwt161.00–176.0073853
SteersMedium and Large 1Unweaned—629168.89/cwt154.00–169.501,06225
SteersMedium and Large 1Unweaned—717135.00/cwt135.00–135.009685
SteersMedium and Large 2Unweaned—414160.00/cwt160.00–160.006627
SteersMedium and Large 1-2Unweaned—342181.00/cwt181.00–181.0061918
SteersMedium and Large 1-2—784146.50/cwt146.50–146.501,1497
SteersMedium and Large 1-2Unweaned—469161.67/cwt157.50–171.0075842
SteersMedium and Large 1Unweaned—474180.99/cwt168.50–193.00858435
SteersMedium and Large 1Unweaned—572161.44/cwt153.00–171.50923163
SteersMedium and Large 1-2Unweaned—287189.70/cwt187.50–192.5054416
SteersMedium and Large 1Unweaned—428194.17/cwt185.00–198.00831195
SteersMedium and Large 1-2Unweaned—374173.87/cwt165.00–185.0065099
SteersMedium and Large 1Unweaned—326204.24/cwt192.50–215.00666116
SteersMedium and Large 1Unweaned—665151.05/cwt149.00–152.001,00437
SteersMedium and Large 2Unweaned—385146.84/cwt145.00–148.0056516
SteersMedium and Large 1-2Unweaned—535154.38/cwt154.00–155.0082615
SteersMedium and Large 1Unweaned—535165.89/cwt152.00–172.75888338
SteersMedium and Large 1Unweaned—380205.26/cwt192.00–215.00780183
HeifersMedium and Large 1—810141.60/cwt140.00–143.501,14746
CowsBoner 80-85%Return to Feed—1,37252.48/cwt46.00–54.5072011
CowsLean 85-90%—1,13932.63/cwt29.00–36.0037225
CowsLean 85-90%Return to Feed—1,17250.93/cwt46.50–59.00597117
CowsBreaker 75-80%Return to Feed—1,63568.00/cwt68.00–68.001,1121
Bulls——1,81865.00/cwt65.00–65.001,1822
Bulls——1,67082.64/cwt81.50–83.501,3802
Bulls—Return to Feed—1,59674.80/cwt67.00–77.001,19412
Bulls—Return to Feed—1,62278.60/cwt76.00–82.001,27513
Stock CowsMedium and Large 1—1,05966.26/cwt56.50–80.0070250
HeifersMedium 1Unweaned—428132.00/cwt132.00–132.005658
HeifersMedium and Large 1-2—702138.00/cwt138.00–138.0096911
HeifersMedium and Large 1Replacement—517172.43/cwt167.50–176.00891132
HeifersMedium and Large 1Replacement—463174.00/cwt174.00–174.0080640
HeifersMedium and Large 1-2—787142.68/cwt139.00–143.501,12323
HeifersMedium and Large 1-2Unweaned—263160.00/cwt160.00–160.004214
HeifersMedium and Large 2Unweaned—424138.00/cwt138.00–138.005856
HeifersMedium and Large 1—916134.71/cwt134.50–135.001,2347
HeifersMedium and Large 1Unweaned—530154.33/cwt147.00–156.50818166
HeifersMedium and Large 1-2Unweaned—326164.53/cwt158.00–169.0053666
HeifersMedium 2Unweaned—42290.00/cwt90.00–90.003807
HeifersMedium and Large 2Unweaned—464125.96/cwt124.00–130.005846
SteersMedium and Large 1Unweaned—281212.50/cwt212.50–212.5059713
SteersMedium and Large 1Unweaned—838144.50/cwt144.50–144.501,2116
HeifersMedium and Large 1Unweaned—379173.98/cwt160.00–185.50659279
HeifersMedium and Large 1Unweaned—703125.00/cwt125.00–125.0087915
HeifersMedium and Large 1Unweaned—556139.92/cwt139.00–141.0077811
HeifersMedium and Large 1Unweaned—283178.24/cwt176.00–186.0050456
SteersMedium 2Unweaned—469115.00/cwt115.00–115.0053917
SteersMedium and Large 2Unweaned—279155.00/cwt155.00–155.0043220
HeifersMedium and Large 1—726150.00/cwt150.00–150.001,08917
HeifersMedium and Large 1—466166.00/cwt166.00–166.0077427
HeifersMedium and Large 1Fancy—334197.00/cwt197.00–197.006587
HeifersMedium and Large 1Fancy—406183.00/cwt183.00–183.0074324
BullsMedium and Large 1Unweaned—393164.00/cwt164.00–164.0064522
CowsLean 85-90%Light Weight—90332.01/cwt31.00–33.002892
CowsLean 85-90%Light Weight—89540.00/cwt40.00–40.003581
CowsLean 85-90%Return to Feed—98933.49/cwt33.00–34.0033165
CowsBoner 80-85%—1,44046.76/cwt43.00–47.506736
CowsLean 85-90%—1,14343.07/cwt39.00–45.5049278
CowsLean 85-90%Return to Feed—1,27060.47/cwt60.00–62.0076825
CowsLean 85-90%Return to Feed—1,09345.98/cwt39.50–49.00503137
CowsBoner 80-85%Return to Feed—1,32162.10/cwt56.50–64.5082050
CowsBoner 80-85%—1,39855.00/cwt55.00–55.007692
CowsLean 85-90%—1,19448.91/cwt47.00–52.5058425
CowsBoner 80-85%Return to Feed—1,39569.00/cwt69.00–69.0096318

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.