Sale reports / Montana / Miles City Livestock Commission / 2022-05-03

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, May 3
● Final57 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
650 head
▼ 324 vs last sale 974▼ 119 vs year ago 769 · −15.5%
Slaughter Cattle receipts
301 head
▲ 26 vs last sale 275▼ 100 vs year ago 401 · −24.9%
Replacement Cattle receipts
255 head
▲ 137 vs last sale 118▼ 27 vs year ago 282 · −9.6%
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Reporter comment USDA

As filed

Compared to last week: Feeder cattle were too lightly tested either this week or last week to develop an accurate market trend, however steady to higher undertones were noticed on steers and steady undertones were noticed on heifers. A heavy offering of replacement heifers were seen today. These offerings were met with mostly good to very good demand. Quality was mostly very attractive on all replacement quality heifers. Feeder cattle were mostly average in quality this week. Market activity was active with both ranchers and order buyers actively bidding on offerings. Weigh up cows sold on mostly light to moderate demand and moderate offerings. Slaughter cows sold mostly 2.00-5.00 lower on all classes this week. The majority of cows destined for slaughter are lower quality cows or cows not suitable to feed. Feeding cow demand was mostly good again this week as packers and independent feeders both competed over offerings. Feeding cows sold steady to weak. Heavy cow and bull receipts have been seen over the last month or so as a series of spring snow storms have killed a large number of calves. This has drove up the number of cows for offer. The cutter cow cutout has seen pressure over the last few weeks as heavy supplies have forced the cutout lower. The cutter cow cutout closed today at 221.69. Prior to the snow storms the cutout was hovering between 227.00 and 229.00. Weigh up conditions were average this week for both cows and bulls. Slaughter bulls sold fully steady. Young age cows suitable to feed or rebreed sold on mostly very good demand. Several buyers were very active in bidding on these offerings and pushed prices higher as they attempted to fill loads. Many cows had lost calves in the recent storms and were very attractive in quality. These offerings sold mostly 8.00-10.00 higher in a narrow comparison.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $154.48/cwt on 473 head.
Average price
$154.48
473 head · 725 lb average
Value per head Derived
$1,120
Price × average weight ÷ 100
Grade differential Derived
$186
per head · Medium and Large 1 over Medium and Large 1-2
$7.10/cwt at this weight
vs the market
−6.13
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1735155.071,139433
Medium and Large 2475149.007086thin
Medium and Large 1-2644147.9795334
One grade step is worth $7.10/cwt here — about $186 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 sale473 hd
154.48
—
MT average3 barns · 1,978 hd
160.61
−6.13
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—Average1,71697.131,66739
CowsBreaker 75-80%Average1,46881.081,19012
CowsBoner 80-85%Average1,40579.051,111132
CowsLean 85-90%Low1,20768.7283083

Every lot, as filed

57 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—1,10996.01/cwt92.50–110.501,0657
Stock CowsMedium and Large 1—1,14992.66/cwt80.00–113.001,065110
HeifersMedium and Large 1—471176.70/cwt176.50–177.0083233
HeifersMedium and Large 1Replacement—681157.39/cwt154.50–161.001,07255
HeifersMedium and Large 1-2Replacement—618151.00/cwt151.00–151.009334
HeifersMedium and Large 1Replacement—785155.22/cwt150.75–158.001,218221
HeifersMedium and Large 2—580141.00/cwt141.00–141.008183
HeifersMedium and Large 1—642159.24/cwt157.00–159.501,0229
HeifersMedium and Large 1—799136.75/cwt136.75–136.751,09337
SteersMedium and Large 1-2—718150.00/cwt150.00–150.001,0773
SteersMedium and Large 1-2—578168.50/cwt168.50–168.509744
SteersMedium and Large 1—517210.00/cwt210.00–210.001,08650
HeifersMedium and Large 2—370157.00/cwt157.00–157.005813
HeifersMedium and Large 1—681153.08/cwt151.00–155.001,04243
SteersMedium and Large 1-2—433195.00/cwt195.00–195.008445
SteersMedium and Large 1—729158.00/cwt158.00–158.001,15210
HeifersMedium and Large 1-2—785134.00/cwt134.00–134.001,0529
HeifersMedium and Large 1Replacement—727158.00/cwt158.00–158.001,14917
HeifersMedium and Large 1Replacement—810144.00/cwt144.00–144.001,16618
HeifersMedium and Large 1-2—399172.00/cwt172.00–172.006864
SteersMedium and Large 1-2—765150.00/cwt150.00–150.001,1489
SteersMedium and Large 1-2—619169.83/cwt169.50–170.501,0516
HeifersMedium and Large 1-2—633149.00/cwt149.00–149.0094317
BullsLarge 1—1,250106.00/cwt106.00–106.001,3251
BullsLarge 1—1,180114.00/cwt114.00–114.001,3451
BullsMedium and Large 1-2—789128.00/cwt128.00–128.001,0104
BullsMedium and Large 1—930128.12/cwt127.00–130.001,19213
BullsMedium and Large 1—885128.00/cwt128.00–128.001,1331
CowsBreaker 75-80%—1,57581.50/cwt81.00–82.001,2842
CowsBoner 80-85%—1,44280.58/cwt77.00–81.001,16231
Bulls——1,72697.71/cwt94.50–101.001,68615
CowsBoner 80-85%Return to Feed—1,40881.11/cwt78.50–83.501,14270
CowsBoner 80-85%Return to Feed—1,45085.00/cwt85.00–85.001,2331
CowsLean 85-90%Return to Feed—1,09373.50/cwt73.50–73.508032
CowsLean 85-90%—1,08159.62/cwt54.00–62.506444
CowsLean 85-90%Light Weight—95554.00/cwt54.00–54.005161
CowsLean 85-90%Return to Feed—1,17476.46/cwt76.00–78.508986
CowsBreaker 75-80%Return to Feed—1,48080.00/cwt78.50–81.001,1845
Bulls——2,041105.37/cwt103.00–107.502,1516
CowsLean 85-90%—1,21576.82/cwt74.00–77.5093313
CowsLean 85-90%Light Weight—98575.50/cwt75.50–75.507441
CowsBreaker 75-80%Return to Feed—1,41382.00/cwt82.00–82.001,1595
CowsBoner 80-85%—1,36369.84/cwt69.25–74.0095217
CowsBoner 80-85%—1,49084.50/cwt84.50–84.501,2591
CowsBoner 80-85%Return to Feed—1,34075.19/cwt74.50–76.001,00812
CowsLean 85-90%—1,24666.42/cwt63.00–73.5082853
CowsLean 85-90%Light Weight—95270.49/cwt67.50–72.006713
Bulls——1,53080.00/cwt80.00–80.001,2241
Bulls—Natural—1,850104.00/cwt104.00–104.001,9243
Bulls—Natural—1,67695.67/cwt95.00–100.001,6039
Bulls—Light Weight—1,39077.00/cwt77.00–77.001,0701
Bulls—Return to Feed—1,28384.00/cwt84.00–84.001,0782
Bulls—Return to Feed—1,33896.01/cwt95.00–97.001,2852
Stock CowsLarge 1—990113.00/cwt113.00–113.001,1192
Stock CowsMedium and Large 1—1,25675.39/cwt75.00–78.009477
Stock CowsMedium and Large 1-2—1,13580.00/cwt80.00–80.009081
Stock CowsMedium and Large 1—982114.99/cwt102.00–124.501,12998

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.