Sale reports / Montana / Miles City Livestock Commission / 2023-11-14

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Nov 14
● Final87 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
4,036 head
2,121 vs last sale 1,915 1,317 vs year ago 2,719 · +48.4%
Slaughter Cattle receipts
1,382 head
456 vs last sale 926 1,065 vs year ago 317 · +336.0%
Replacement Cattle receipts
378 head
75 vs last sale 303 301 vs year ago 77 · +390.9%
View

Reporter comment USDA

As filed

Compared to last week: Yearling steers were too lightly tested to develop any market trend. Steer calves under 450 lbs sold sharply lower with most sales 15.00-25.00 lower, steers over 450 lbs sold unevenly steady with front end calves selling higher and plain to average quality calves selling lower. Yearling heifers were too lightly tested to develop an accurate market trend, however lower undertones were noticed. Heifer calves under 450 lbs sold mostly 10.00 lower. Heifers over 450 lbs sold unevenly steady, with front end calves selling higher and plain to average quality calves selling lower. Quality was mostly attractive to very attractive this week and offered buyers some of the best quality of the fall for this auction. Many load lots were seen this week and demand was mostly good to very good for all cattle offered in load lot quantity. Calves suitable to go to grass sold on moderate demand this week, significantly lighter demand than has been seen in recent weeks. Fewer takers were seen for grass calves as some buyers took a week off from buying following sharply lower CME contract prices. Calves with two rounds of vaccinations sold with very good demand, especially for heifers and light weight steers. Very high quality calves sold on good demand regardless of vaccination status. CME positions traded with triple digit gains today on all contracts except the nearby November. The Nearby November closed at 230.05, 2.175 lower than last Tuesday, while the January closed at 229.00, 1.825 lower than last Tuesdays close. Market activity was mostly active today with a large buyer pool on hand of both ranchers and order buyers. Weigh up cows sold on mostly light to moderate demand and heavy offerings. Demand for slaughter cows was mostly light this week as all packers showed lighter demand for cows for immediate harvest. Heavy supplies of cows across the Northern tier of the country are being seen as many cows are testing open. Breaking slaughter cows were not well compared this week as most were purchased to feed. Boning cows were too lightly tested to develop a full market trend, however lower undertones were noticed. Lean cows sold mostly 2.00-4.00 lower on a lower yielding offering. A large portion of the cow offering was purchased to feed this week. High quality feeding cows, suitable to feed to premium white sold mostly 5.00-6.00 lower. Thin feeding or turn out cows sold steady to firm and got higher as the sale progressed as many buyers were looking for this class of cows to feed. Many thin low dressing or very low dressing cows seen this week. Slaughter bulls were too lightly tested to develop an accurate market trend, however steady undertones were noticed on a poorer quality offering. Weigh up conditions were mixed this week. Young age cows sold fully steady. Quality this week was average to attractive.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $305.54/cwt on 1,952 head.
Average price
$305.54
1,952 head · 475 lb average
Value per head Derived
$1,451
Price × average weight ÷ 100
Grade differential Derived
$817
per head · Medium and Large 1 over Medium 2
$153.81/cwt at this weight
vs the market
+18.72
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1477311.321,4841,705
Medium 1477299.001,42615thin
Medium and Large 1-2460297.831,369149
Large 1491275.001,3508thin
Medium and Large 2476274.001,30416thin
Medium 1-2653237.001,54811thin
Medium 2423157.5166748
One grade step is worth $153.81/cwt here — about $817 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 sale1,952 hd
305.54
MT average5 barns · 6,303 hd
286.82
+18.72
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
BullsLow1,642103.591,70135
CowsBreaker 75-80%Average1,66594.561,5749thin
CowsBoner 80-85%Low1,41783.481,18362
CowsLean 85-90%Average1,13075.83857606

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 Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,340$1,27511
Bred Cows2nd Stage (4-6 mo)Aged (>8 yrs)1,402$1,21020
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,196$1,20011

Every lot, as filed

87 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 1-2870201.00/cwt201.00–201.001,7493
HeifersMedium and Large 1-2Unweaned383257.02/cwt252.00–279.0098450
HeifersLarge 1Unweaned452255.00/cwt255.00–255.001,1539
HeifersMedium and Large 1-2Unweaned288315.00/cwt315.00–315.0090712
HeifersMedium and Large 1-2Unweaned477259.90/cwt252.00–269.001,24029
HeifersMedium and Large 1Unweaned327303.23/cwt280.00–320.00992112
HeifersMedium and Large 1Unweaned381306.00/cwt306.00–306.001,1669
HeifersMedium and Large 2Unweaned449236.00/cwt236.00–236.001,06017
SteersMedium 1-2653237.00/cwt237.00–237.001,54811
SteersMedium and Large 1-2Unweaned421300.57/cwt293.00–304.001,26516
SteersMedium and Large 1Unweaned479307.69/cwt297.50–316.001,474221
HeifersMedium and Large 1Unweaned564235.33/cwt221.00–256.001,32742
HeifersMedium and Large 1Unweaned418281.57/cwt276.00–293.001,177216
SteersMedium and Large 1Fancy552292.00/cwt292.00–292.001,61278
SteersMedium and Large 1Unweaned328365.47/cwt358.00–382.501,19987
SteersMedium and Large 1Thin Fleshed508321.00/cwt321.00–321.001,63156
SteersMedium and Large 1Unweaned374358.68/cwt342.50–365.001,341198
HeifersMedium and Large 2Unweaned578185.00/cwt185.00–185.001,0692
HeifersMedium and Large 1-2Unweaned323273.24/cwt272.00–274.0088321
SteersMedium and Large 1-2Unweaned338342.90/cwt335.00–357.501,15922
SteersMedium and Large 1Unweaned522297.13/cwt284.00–312.001,551408
SteersMedium and Large 2Unweaned476274.00/cwt274.00–274.001,30416
SteersMedium and Large 1Unweaned620254.11/cwt251.00–273.501,57556
SteersMedium and Large 1462325.00/cwt325.00–325.001,50286
SteersMedium and Large 1387340.94/cwt340.50–343.001,31932
SteersMedium and Large 1Unweaned435311.38/cwt302.00–347.501,355319
SteersMedium and Large 1-2Unweaned521275.52/cwt271.00–284.001,43514
SteersMedium and Large 1-2Unweaned287375.00/cwt375.00–375.001,07613
SteersMedium and Large 1-2Unweaned624243.22/cwt239.00–245.001,51814
SteersMedium 1Unweaned477299.00/cwt299.00–299.001,42615
SteersLarge 1Unweaned491275.00/cwt275.00–275.001,3508
SteersMedium and Large 1-2Unweaned489285.01/cwt281.00–292.001,39417
SteersMedium 2Unweaned443154.22/cwt152.50–160.0068338
SteersMedium 2Unweaned348170.00/cwt170.00–170.0059210
SteersMedium and Large 1-2Unweaned377325.75/cwt319.00–327.501,22822
SteersMedium and Large 1Unweaned573277.94/cwt262.00–284.001,593164
SteersMedium and Large 1-2Unweaned579254.00/cwt251.00–255.001,47131
HeifersMedium and Large 1895205.00/cwt205.00–205.001,8358
HeifersMedium and Large 1409307.00/cwt307.00–307.001,25667
HeifersMedium and Large 1994196.50/cwt196.50–196.501,95331
HeifersMedium 1641238.77/cwt238.00–239.501,531183
HeifersMedium 1575237.00/cwt237.00–237.001,36322
BullsMedium and Large 1Unweaned337327.50/cwt327.50–327.501,1043
CowsLean 85-90%Return to Feed1,21185.36/cwt80.00–91.001,034139
CowsBoner 80-85%1,50075.64/cwt69.00–82.001,1355
CowsLean 85-90%Light Weight93561.00/cwt61.00–61.005701
CowsLean 85-90%Light Weight90551.58/cwt50.00–52.504674
CowsBoner 80-85%1,46087.00/cwt87.00–87.001,2701
CowsBoner 80-85%Return to Feed1,41488.46/cwt85.00–95.501,25128
CowsBreaker 75-80%1,59397.00/cwt97.00–97.001,5452
CowsBoner 80-85%Return to Feed1,49598.00/cwt98.00–98.001,4651
CowsLean 85-90%1,08355.38/cwt45.00–58.0060043
CowsLean 85-90%1,13368.25/cwt60.00–79.00773104
CowsBreaker 75-80%Return to Feed1,68593.86/cwt93.50–96.001,5827
CowsLean 85-90%Return to Feed1,09777.98/cwt68.00–86.00855300
CowsLean 85-90%1,02080.00/cwt80.00–80.008161
CowsLean 85-90%Return to Feed1,23661.89/cwt54.00–65.0076514
CowsBoner 80-85%Return to Feed1,40179.09/cwt74.00–84.501,10827
Bulls1,831100.00/cwt92.00–104.001,8317
Bulls1,779105.11/cwt103.00–109.001,8706
BullsReturn to Feed1,533106.95/cwt106.00–112.501,64015
BullsReturn to Feed1,57098.67/cwt91.00–103.501,5497
Bred CowsMedium and Large 1-21,3401,275.00/head1,275.00–1,275.001,27511
Bred CowsMedium and Large 1Broken Mouth1,4021,210.00/head1,210.00–1,210.001,21020
Stock CowsMedium and Large 1887165.23/cwt132.50–181.001,46651
Stock CowsMedium and Large 1960136.04/cwt91.00–154.001,306151
Stock CowsMedium and Large 1-2807150.10/cwt136.00–154.001,2115
Stock CowsLarge 1915120.00/cwt120.00–120.001,0981
Bred CowsMedium and Large 11,42495.50/cwt95.50–95.501,3608
Bred CowsMedium and Large 1-21,1961,200.00/head1,200.00–1,200.001,20011
HeifersMedium and Large 1315300.00/cwt300.00–300.009454
HeifersMedium and Large 1Replacement581222.50/cwt222.50–222.501,29327
HeifersLarge 1938181.00/cwt181.00–181.001,6984
HeifersMedium and Large 1820208.51/cwt206.00–211.001,71014
HeifersMedium and Large 1Fancy520281.00/cwt281.00–281.001,46113
HeifersMedium and Large 1372313.00/cwt313.00–313.001,16428
HeifersMedium and Large 1-2392263.00/cwt263.00–263.001,03139
HeifersLarge 1Unweaned447245.00/cwt245.00–245.001,0953
HeifersMedium and Large 1Unweaned290330.00/cwt330.00–330.009571
HeifersMedium and Large 1Unweaned525265.46/cwt257.00–276.001,394126
HeifersMedium and Large 1-2776201.05/cwt200.00–206.501,56019
HeifersMedium and Large 1717217.00/cwt217.00–217.001,55623
HeifersMedium and Large 1Replacement537268.00/cwt268.00–268.001,43955
HeifersMedium and Large 1-2Unweaned529238.43/cwt224.00–249.001,26112
HeifersMedium 2Unweaned396135.96/cwt135.00–137.5053831
HeifersMedium and Large 1Unweaned481280.75/cwt263.00–288.001,350285
HeifersMedium and Large 1-2343262.50/cwt262.50–262.5090012

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.