Sale reports / Montana / Miles City Livestock Commission / 2023-10-10

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Oct 10
● Final73 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
1,584 head
▲ 606 vs last sale 978▼ 527 vs year ago 2,111 · −25.0%
Slaughter Cattle receipts
427 head
▲ 52 vs last sale 375▼ 130 vs year ago 557 · −23.3%
Replacement Cattle receipts
231 head
▲ 149 vs last sale 82▲ 58 vs year ago 173 · +33.5%
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Reporter comment USDA

As filed

Compared to week: Yearling steers were too lightly tested to develop any market trend. Steer calves were too lightly tested to develop an accurate market trend, however higher undertones were noticed. Yearling heifers under 750 lbs were too lightly tested to develop an accurate market trend, however steady undertones were noticed, yearling heifers over 750 lbs sold mostly 5.00 lower in a narrow comparison. Quality was mostly plain to average for yearlings and mostly average to very attractive for calves. Demand for yearlings was mostly light to moderate, while demand for spring born calves was good to very good. Most calves were in mostly light flesh as grasshoppers were in direct competition for feed this summer. Several ranchers were present bidding on light weight calves suitable to develop into yearlings. Demand for lightweight offerings was very good. CME positions traded mixed today with the nearby through January trading higher and March on out trading lower. The October closed at 248.60, 0.65 lower than last Tuesdays close. The November closed at 250.35, 0.25 lower than last Tuesday. Market activity was mostly active today. Weigh up cows sold on mostly light to moderate demand and offerings. Demand for slaughter cows was lighter again this week as all packers showed lighter demand for cows. Slaughter cows sold steady to 2.00 lower on boning cows lean cows sold 3.00-7.00 lower. Breaking cows were not well tested. Feeding cows sold steady on high quality cows suitable to feed to premium white. Thin feeding or turn out cows sold 5.00-10.00 lower. Cow quality was mostly plain to average this week with many sets of very thin low dressing cows seen. Several independent buyers and ranchers were active in purchasing thin cows this week as packers showed light demand for lean cows. Slaughter bulls sold steady to 2.00 lower on a poorer quality offering. Feeding bulls sold 2.00-4.00 lower as quality was not as attractive this week. Weigh up conditions were mixed this week. Young age cows sold sharply higher this week as several sets of attractive tested open young cows were seen. Demand was good to very good for all offerings.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $286.28/cwt on 691 head.
Average price
$286.28
691 head · 517 lb average
Value per head Derived
$1,480
Price × average weight ÷ 100
Grade differential Derived
−$201
per head · Medium and Large 1-2 over Medium 1-2
$42.62/cwt at this weight
vs the market
+26.54
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2402295.621,188125
Medium and Large 1546288.461,574493
Medium 1607260.191,58021
Large 1477253.801,21045
Medium 1-2549253.001,3897thin
One grade step is worth $42.62/cwt here — about −$201 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 sale691 hd
286.28
—
MT average5 barns · 2,316 hd
259.74
+26.54
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—Low1,541102.521,58036
CowsBoner 80-85%Average1,366102.901,40682
CowsLean 85-90%Average1,12887.07982236

Replacement cattle Per head

By class, stage and age
Bred stock and pairs are reported per head, not per hundredweight — these prices are never mixed with the $/cwt figures above.
ClassStageAgeAvg wt$/headHead
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged/Aged (>5 yrs)1,330$1,5355

Every lot, as filed

73 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
HeifersLarge 1Unweaned—414247.50/cwt247.50–247.501,0259
SteersMedium and Large 1—682278.00/cwt278.00–278.001,89619
HeifersLarge 1Unweaned—498255.00/cwt255.00–255.001,2709
HeifersMedium and Large 1-2—670255.00/cwt255.00–255.001,7092
HeifersLarge 1Unweaned—394292.50/cwt292.50–292.501,1529
HeifersMedium and Large 1Unweaned—415314.46/cwt290.00–327.501,305101
HeifersMedium and Large 1Unweaned—270348.90/cwt340.00–355.0094213
SteersMedium and Large 1-2Unweaned—474287.50/cwt287.50–287.501,3634
HeifersMedium and Large 1-2Unweaned—371308.73/cwt302.50–320.001,14544
HeifersMedium and Large 1-2Unweaned—289310.87/cwt297.50–320.0089844
SteersMedium and Large 1Unweaned—467312.86/cwt297.00–333.001,46151
SteersLarge 1Unweaned—572268.00/cwt268.00–268.001,53328
SteersMedium and Large 1-2—924218.50/cwt218.50–218.502,0195
SteersMedium and Large 1-2Unweaned—314356.90/cwt352.50–362.501,12127
HeifersMedium and Large 1Unweaned—506280.42/cwt271.00–284.001,41958
HeifersMedium and Large 1Unweaned—559255.00/cwt255.00–255.001,42529
SteersMedium and Large 1-2Unweaned—517280.00/cwt280.00–280.001,4487
SteersMedium and Large 1-2Unweaned—390332.20/cwt255.00–347.501,29619
SteersMedium and Large 1-2Unweaned—415325.00/cwt325.00–325.001,3495
SteersMedium and Large 1Unweaned—288395.00/cwt395.00–395.001,1385
SteersLarge 1Unweaned—475257.50/cwt257.50–257.501,22315
SteersMedium 1—549282.00/cwt282.00–282.001,5487
SteersMedium and Large 1Unweaned—376386.89/cwt375.00–398.001,455100
SteersMedium and Large 1Unweaned—533297.13/cwt292.50–305.001,58469
SteersMedium and Large 1Unweaned—330377.50/cwt377.50–377.501,24615
SteersMedium and Large 1Unweaned—420364.23/cwt327.50–378.501,530133
SteersLarge 1Unweaned—503297.50/cwt297.50–297.501,49624
SteersMedium and Large 1-2Unweaned—274352.50/cwt352.50–352.509665
SteersLarge 1Unweaned—424323.00/cwt323.00–323.001,3707
SteersMedium and Large 1Unweaned—585287.50/cwt287.50–287.501,68235
HeifersMedium and Large 1—1,036202.00/cwt202.00–202.002,0937
HeifersMedium and Large 1—626276.75/cwt276.75–276.751,73262
HeifersMedium and Large 1-2—620266.00/cwt266.00–266.001,6493
HeifersMedium and Large 1—712263.36/cwt257.50–267.001,87549
BullsMedium and Large 1-2Unweaned—295287.50/cwt287.50–287.5084811
BullsMedium and Large 1Unweaned—543265.00/cwt265.00–265.001,4393
CowsLean 85-90%—1,13096.00/cwt96.00–96.001,0851
CowsLean 85-90%Return to Feed—1,128110.28/cwt109.50–111.001,2442
CowsLean 85-90%Return to Feed—1,12685.73/cwt79.50–94.00965115
CowsBoner 80-85%Return to Feed—1,352106.67/cwt100.00–110.001,44246
CowsBoner 80-85%Return to Feed—1,34194.81/cwt86.00–98.001,27115
CowsLean 85-90%Return to Feed—1,172101.38/cwt96.00–107.501,18847
CowsBoner 80-85%—1,35391.38/cwt84.00–97.001,2369
CowsBoner 80-85%—1,436105.47/cwt100.00–110.001,5158
CowsLean 85-90%—1,14474.80/cwt71.00–77.0085628
CowsLean 85-90%—1,11983.59/cwt78.00–89.0093534
CowsLean 85-90%Light Weight—90469.73/cwt62.50–74.006305
CowsBoner 80-85%—1,511110.61/cwt110.00–111.501,6714
CowsLean 85-90%Light Weight—93180.75/cwt76.00–83.007524
Bulls——1,49099.65/cwt92.00–107.001,48520
Bulls——1,765110.79/cwt109.00–114.001,9554
Bulls—Return to Feed—1,538102.94/cwt99.00–106.001,5838
Bulls—Return to Feed—1,578107.75/cwt106.00–109.001,7004
Stock CowsMedium and Large 1—1,099109.39/cwt106.50–112.001,20226
Stock CowsMedium and Large 1-2—1,245104.50/cwt104.50–104.501,3011
Stock CowsMedium and Large 1—961146.23/cwt107.00–175.001,40598
Bred CowsMedium and Large 1—1,3301,535.00/head1,535.00–1,535.001,5355
Stock CowsMedium and Large 1-2—835154.88/cwt142.00–160.001,2934
Stock CowsMedium and Large 1—839191.05/cwt140.00–206.001,60378
HeifersMedium and Large 1—940218.00/cwt218.00–218.002,0492
HeifersMedium 1-2—549253.00/cwt253.00–253.001,3897
HeifersMedium 1—572264.00/cwt264.00–264.001,51013
HeifersMedium and Large 1-2Unweaned—241320.00/cwt320.00–320.007718
HeifersMedium and Large 1—864229.63/cwt229.00–230.001,98437
HeifersMedium and Large 1—783242.48/cwt242.00–243.001,89920
HeifersMedium and Large 1-2Unweaned—463260.00/cwt260.00–260.001,2049
HeifersMedium and Large 1—811236.08/cwt233.00–238.001,91514
HeifersMedium 1—665254.00/cwt254.00–254.001,6898
HeifersLarge 1Unweaned—539237.00/cwt237.00–237.001,27718
HeifersMedium and Large 1-2—811224.50/cwt224.50–224.501,82111
HeifersMedium and Large 1-2—744253.00/cwt253.00–253.001,8824
HeifersMedium and Large 1Unweaned—373328.48/cwt317.00–345.001,22569
HeifersMedium and Large 1Unweaned—325344.62/cwt335.00–352.501,12032

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.