Sale reports / Montana / Miles City Livestock Commission / 2023-10-17

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Oct 17
● Final78 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
2,595 head
▲ 1,011 vs last sale 1,584▲ 1,135 vs year ago 1,460 · +77.7%
Slaughter Cattle receipts
902 head
▲ 475 vs last sale 427▲ 381 vs year ago 521 · +73.1%
Replacement Cattle receipts
195 head
▼ 36 vs last sale 231▲ 105 vs year ago 90 · +116.7%
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Reporter comment USDA

As filed

Compared to week: Yearling steers were too lightly tested to develop any market trend. Steer under 550 lbs sold steady to 5.00 higher, steers over 550 lbs were too lightly tested last week to develop an accurate market trend steady to weak undertones were noticed. Yearling heifers under 750 lbs sold 5.00-10.00 lower in a narrow comparison, yearling heifers over 750 lbs sold mostly 5.00 lower. Yearling quality was mostly average this week and not as attractive as last week. Heifer calves sold mostly steady to 5.00 lower on calves under 500 lbs, calves over 500 lbs were too lightly tested either this week or last to develop any market trend. Quality was average to very attractive for calves and mostly plain to average for yearlings. Several sets of calves offered buyers two rounds of vaccinations; these offerings sold with the best demand. Most calves continue to be light weight and in light flesh. CME positions traded higher today with the nearby October closing at 248.80, 0.20 higher than last Tuesdays close. The November closed at 250.45, 0.10 higher 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 4.00 lower on boning cows lean cows. Breaking cows were not well tested. High quality feeding cows, suitable to feed to premium white sold 3.00-5.00 lower however quality was not as attractive this week as last. Thin feeding or turn out cows sold steady to 3.00 lower. Cow quality was mostly plain to average this week with many sets of very thin low dressing or very low dressing cows seen. Packer buyers joined independent feeders this week in purchasing thin cows to put away for the holiday. This is historically very early in the season (2-3 weeks early) for packers to start buying thin cows for the holiday. Slaughter bulls sold 2.00 lower on a poorer quality offering. Weigh up conditions were mixed this week. Young age cows sold generally steady. Demand was good for all offerings.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $329.77/cwt on 1,443 head.
Average price
$329.77
1,443 head · 480 lb average
Value per head Derived
$1,583
Price × average weight ÷ 100
Grade differential Derived
−$275
per head · Medium and Large 1-2 over Large 1
$79.27/cwt at this weight
vs the market
+23.07
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2379340.151,291128
Medium and Large 1489329.601,6101,299
Large 1600260.881,56616thin
One grade step is worth $79.27/cwt here — about −$275 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 sale1,443 hd
329.77
—
MT average5 barns · 2,939 hd
306.70
+23.07
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—Low1,604101.691,63126
CowsBreaker 75-80%Average1,568107.751,6909thin
CowsBoner 80-85%High1,35894.871,288100
CowsLean 85-90%Low1,11784.93949728

Every lot, as filed

78 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
HeifersMedium and Large 1-2—809224.62/cwt222.50–226.001,8175
HeifersMedium and Large 1-2—795229.00/cwt229.00–229.001,8212
HeifersMedium and Large 1-2Unweaned—383289.11/cwt285.00–295.001,10730
HeifersMedium and Large 1-2Unweaned—492270.00/cwt270.00–270.001,32812
HeifersMedium and Large 1Unweaned—461285.26/cwt272.00–289.001,31551
HeifersMedium and Large 1Unweaned—327328.90/cwt317.50–350.001,07622
HeifersMedium and Large 1Unweaned—681231.57/cwt231.50–232.501,57713
HeifersMedium and Large 1-2Unweaned—700240.00/cwt240.00–240.001,6803
HeifersMedium and Large 1Unweaned—521262.24/cwt259.00–269.001,36628
HeifersLarge 1Unweaned—570240.00/cwt240.00–240.001,3682
HeifersMedium and Large 1Unweaned—640254.00/cwt254.00–254.001,6268
HeifersMedium and Large 1Unweaned—369328.16/cwt307.50–337.501,211129
HeifersMedium and Large 1Unweaned—587242.50/cwt242.50–242.501,42313
HeifersMedium and Large 1Unweaned—420302.94/cwt282.00–310.001,27268
SteersMedium and Large 1Unweaned—685249.00/cwt249.00–249.001,7064
SteersMedium and Large 1—632280.00/cwt280.00–280.001,77043
SteersMedium and Large 1—694272.31/cwt271.00–273.001,890122
SteersMedium and Large 1Unweaned—517302.23/cwt285.00–310.001,563134
SteersMedium and Large 1Unweaned—474326.20/cwt301.00–341.001,546296
SteersLarge 1—733229.00/cwt229.00–229.001,6798
SteersMedium and Large 1-2Unweaned—364357.83/cwt355.00–367.501,30329
SteersMedium and Large 1-2Unweaned—473275.53/cwt212.50–305.001,30320
SteersMedium and Large 1-2Unweaned—317362.37/cwt330.00–385.001,14937
SteersMedium and Large 1-2Unweaned—275380.00/cwt380.00–380.001,04510
SteersMedium and Large 1Unweaned—374390.37/cwt377.50–408.001,460169
SteersMedium and Large 1Unweaned—426357.28/cwt337.00–385.001,522343
SteersMedium and Large 1Unweaned—581277.66/cwt272.50–288.001,613122
SteersMedium and Large 1Unweaned—705251.00/cwt251.00–251.001,77013
SteersMedium and Large 1Unweaned—605265.38/cwt264.00–270.001,60613
SteersMedium and Large 1Unweaned—330393.15/cwt387.50–400.001,29740
SteersLarge 1Unweaned—525283.00/cwt283.00–283.001,4864
SteersMedium and Large 1-2Unweaned—440326.36/cwt325.00–330.001,43632
SteersLarge 1Unweaned—410302.50/cwt302.50–302.501,2404
HeifersMedium and Large 1—688254.19/cwt252.50–254.501,74927
BullsMedium and Large 1Unweaned—642259.18/cwt247.50–265.001,6643
BullsMedium and Large 1-2Unweaned—445272.50/cwt272.50–272.501,2134
BullsMedium and Large 1Unweaned—369373.73/cwt370.00–375.001,3794
BullsMedium and Large 1Unweaned—675222.50/cwt222.50–222.501,5021
BullsMedium and Large 1Unweaned—586253.67/cwt252.50–254.001,4879
CowsLean 85-90%—1,17785.10/cwt79.00–89.001,00269
CowsLean 85-90%Return to Feed—1,08877.82/cwt72.00–78.5084788
CowsLean 85-90%Return to Feed—1,11384.25/cwt80.00–88.50938308
CowsLean 85-90%Return to Feed—1,17695.75/cwt89.00–102.001,126131
CowsLean 85-90%Return to Feed—1,079105.74/cwt105.00–106.001,14131
CowsBoner 80-85%Return to Feed—1,349106.00/cwt106.00–106.001,4308
CowsLean 85-90%Light Weight—97575.85/cwt71.00–78.0074016
CowsBoner 80-85%Return to Feed—1,359100.22/cwt97.00–105.001,36240
CowsBoner 80-85%—1,33784.37/cwt83.00–89.001,12817
CowsBoner 80-85%—1,415103.00/cwt103.00–103.001,4571
CowsBoner 80-85%—1,34594.50/cwt94.50–94.501,2711
CowsLean 85-90%—1,11974.59/cwt67.00–79.0083546
CowsLean 85-90%—1,16591.62/cwt89.50–95.501,0674
CowsBreaker 75-80%—1,568107.75/cwt107.75–107.751,6909
CowsLean 85-90%Light Weight—98087.50/cwt87.50–87.508581
CowsLean 85-90%Light Weight—98665.78/cwt65.00–66.0064934
CowsBoner 80-85%Return to Feed—1,36890.85/cwt86.00–96.501,24333
Bulls——1,50999.41/cwt92.50–106.501,5009
Bulls——1,988108.94/cwt107.00–110.502,1665
Bulls—Light Weight—1,165100.00/cwt100.00–100.001,1651
Bulls—Return to Feed—1,515106.00/cwt106.00–106.001,6061
Bulls—Return to Feed—1,55099.86/cwt95.00–103.501,54810
Stock CowsMedium 1—924186.00/cwt186.00–186.001,71910
Stock CowsLarge 1—1,005115.00/cwt115.00–115.001,1561
Stock CowsMedium and Large 1—1,015114.66/cwt102.00–135.001,16454
Stock CowsMedium and Large 1—890182.10/cwt162.00–202.001,62145
Stock CowsMedium and Large 1Thin Fleshed—713177.29/cwt177.00–179.001,26446
Stock CowsMedium and Large 1Thin Fleshed—881108.53/cwt107.00–109.0095627
Stock CowsLarge 1-2—953105.00/cwt105.00–105.001,0012
HeifersMedium and Large 1-2—879216.14/cwt215.50–221.501,9009
HeifersMedium and Large 1-2—727237.00/cwt234.00–243.001,72310
HeifersMedium and Large 1—822229.22/cwt226.00–231.501,88441
HeifersMedium and Large 1—857223.78/cwt219.50–226.001,91827
HeifersMedium and Large 1—718251.40/cwt248.50–255.001,80589
HeifersMedium and Large 1—777236.27/cwt233.50–240.501,83652
HeifersMedium and Large 1-2Unweaned—324312.50/cwt312.50–312.501,0135
HeifersMedium and Large 1-2Unweaned—428282.00/cwt282.00–282.001,2074
HeifersMedium and Large 1-2Unweaned—299312.50/cwt312.50–312.509348
HeifersMedium and Large 1-2Unweaned—520248.00/cwt248.00–248.001,2907

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.