Sale reports / Montana / Miles City Livestock Commission / 2022-06-14

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Jun 14
● Final34 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
78 head
56 vs last sale 134 29 vs year ago 107 · 27.1%
Slaughter Cattle receipts
891 head
17 vs last sale 874 199 vs year ago 692 · +28.8%
Replacement Cattle receipts
155 head
146 vs last sale 301 33 vs year ago 122 · +27.0%
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Reporter comment USDA

As filed

Compared to last week: Feeder cattle were scarcely tested this week, thus no trend can be established. Demand for feeder cattle was mostly moderate for very light offerings. Quality was mostly plain to average. Recent rains have slowed the volume of feeders being marketed as range and pasture conditions are in good to very good condition across the eastern portion of the state. Market activity this week was mostly slow to moderate. Weigh up cows comprised most of the offering today. Slaughter cows sold on very good demand. Slaughter cows sold mostly 1.00-3.00 higher on all classes. Demand from western packers is very good as cows in western states are running mostly 15.00-20.00 cwt higher than cows in Montana which has helped improve prices here as they push to gain market share. Feeding cows sold 1.00-2.00 higher as increased feeding demand helped push high quality feeding cow prices higher. Cow prices improved as the sale progressed. Weigh up conditions continue to be in buyers favor as cows are mostly slicked off and very empty. Weights have improved drastically over the past few weeks as cows are starting to flesh up and many are one grade higher than they were just 2-3 weeks ago. Cow quality this week was mostly very attractive with many long strings of cows off reputation ranches. Many of these large ranches continue to brand calves and gather cows which lost calves in spring snow storms and bring them to market. Slaughter bulls sold 2.00-3.00 higher as packers and feeding buyers competed over bulls. Young age cows sold steady to 3.00 higher. Quality was average to attractive this week. This class continues to improve as buyers are looking for young cows to turnout as many speculate on continued market improvement.

Weight class

Bulls · summary 0–100 lb

Weighted average of every reported lot
0–100 lb bulls averaged $145.55/cwt on 38 head. That ranks 1 of 27 comparable sales and sits 54.35 against this barn's trailing median of $199.90.
Average price
$145.55
38 head · 758 lb average
Value per head Derived
$1,103
Price × average weight ÷ 100
Grade differential Derived
−$44
per head · Medium and Large 1 over Large 1
$35.48/cwt at this weight
vs the market
+34.18
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1750146.481,09937
Large 11,030111.001,1431thin
One grade step is worth $35.48/cwt here — about −$44 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.

This barn's trailing prices 0–100 lb

27 sales
231203175146median 199.9012/1602/2404/1406/0208/18
Bulls 0–100 lb: high $217.49, low $160.10, median $199.90 across 27 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

How it compared 0–100 lb

Same class and week · spot auction only
This sale38 hd
145.55
MT average3 barns · 298 hd
111.37
+34.18
This barn, trailing median27 sales
199.90
−54.35
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
BullsAverage1,675106.571,78568
CowsBreaker 75-80%High1,55985.461,33278
CowsBoner 80-85%High1,38884.491,173438
CowsLean 85-90%Average1,19280.35958162

Every lot, as filed

34 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
CowsBoner 80-85%Return to Feed1,38684.83/cwt83.00–89.501,176194
BullsReturn to Feed1,559104.59/cwt100.00–108.001,63113
CowsLean 85-90%1,16778.32/cwt74.50–82.5091470
CowsBreaker 75-80%1,52086.27/cwt85.50–88.001,31131
CowsBoner 80-85%Return to Feed1,37982.79/cwt81.00–84.001,14246
CowsBoner 80-85%Return to Feed1,37073.00/cwt73.00–73.001,0001
CowsLean 85-90%1,25083.39/cwt82.00–85.501,04217
CowsLean 85-90%Return to Feed1,29082.46/cwt81.00–84.001,06415
CowsLean 85-90%Return to Feed1,21584.15/cwt82.00–87.001,02245
CowsBoner 80-85%1,42073.50/cwt73.50–73.501,0441
CowsBoner 80-85%1,37180.72/cwt75.00–82.501,10721
CowsLean 85-90%Light Weight94573.50/cwt73.50–73.506951
CowsBreaker 75-80%1,55984.77/cwt81.50–85.001,32224
CowsBoner 80-85%1,39585.15/cwt83.50–88.001,188175
CowsLean 85-90%1,08972.88/cwt71.00–73.5079414
CowsBreaker 75-80%Return to Feed1,59385.54/cwt85.50–85.751,36320
CowsBreaker 75-80%Return to Feed1,72782.00/cwt82.00–82.001,4163
Bulls1,598104.38/cwt99.50–108.501,66830
Bulls1,967112.94/cwt108.50–119.002,22219
BullsReturn to Feed1,51893.33/cwt92.00–95.001,4173
BullsReturn to Feed1,253110.00/cwt110.00–110.001,3783
Stock CowsMedium and Large 11,068109.49/cwt100.00–123.001,16930
Stock CowsMedium and Large 11,12199.85/cwt84.00–113.501,11979
SteersMedium and Large 1810148.51/cwt148.00–149.001,2032
HeifersMedium and Large 1-2570162.15/cwt159.00–168.009248
HeifersMedium and Large 1628160.47/cwt156.50–164.001,00813
HeifersMedium and Large 1765145.86/cwt145.00–146.001,1167
HeifersMedium and Large 1-2496173.50/cwt173.50–173.508615
HeifersMedium and Large 1700149.00/cwt149.00–149.001,0432
BullsMedium and Large 1884132.50/cwt132.50–132.501,1715
BullsMedium and Large 1935114.00/cwt114.00–114.001,0661
BullsLarge 11,030111.00/cwt111.00–111.001,1431
BullsMedium and Large 1727149.46/cwt148.00–151.001,08729
BullsMedium and Large 1663154.50/cwt154.50–154.501,0242

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.