Sale reports / Montana / Miles City Livestock Commission / 2023-11-28

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Nov 28
● Final79 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
1,862 head
▲ 693 vs last sale 1,169▼ 208 vs year ago 2,070 · −10.0%
Slaughter Cattle receipts
728 head
▼ 50 vs last sale 778▲ 97 vs year ago 631 · +15.4%
Replacement Cattle receipts
145 head
▼ 111 vs last sale 256▼ 156 vs year ago 301 · −51.8%
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Reporter comment USDA

As filed

Compared to last week: Yearling steers and heifers were too lightly tested last sale to develop any market trend. Steer calves under 500 lbs were too lightly tested last sale to develop an accurate market trend, however higher undertones were noticed. 500-599 lb steers sold generally steady, steer calves over 600 lbs sold 8.00-10.00 higher in a narrow comparison. Heifer calves under 450 lbs were too lightly tested to develop a full market trend, however higher undertones were noticed. 450-499 lb heifers sold steady to 5.00 higher, 500-549 lbs sold fully steady, heifers over 550 lbs were too lightly tested to develop any market trend. Quality this week was average to very attractive and very consistent throughout the sale. Package sizes were larger this week than last and allowed buyers to start and build loads of like quality calves. Demand was moderate to good for all feeder cattle on offer. Several sets of long weaned calves were seen this week and these were met with mostly good demand. CME positions sold off sharply late last week and yesterday, however today saw sharply higher prices and buyers responded positively to higher contract prices. The January closed at 221.05, while the March contract closed at 223.50, 8.25 and 7.20 higher than Mondays 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 moderate to heavy offerings. Demand for slaughter cows was mostly light to moderate this week as packers opted to send most cows to feed. Slaughter cows sold generally steady on all offerings. A large portion of the cow offering was purchased to feed this week. Feeding quality cows sold on mostly moderate to good demand. High quality feeding cows, suitable to feed to premium white sold mostly steady to 3.00 higher. Thin feeding or turn out cows sold steady to firm. Many thin, low dressing or very low dressing cows were seen this week. A large buyer pool was actively bidding on this class of cows this week. Slaughter bulls were too lightly tested last week to develop an accurate market trend, however higher undertones were noticed. Weigh up conditions were mixed this week. Young age cows sold on mostly light demand this week. Most of these offerings were purchased to feed. Quality this week was mostly plain to average.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $254.99/cwt on 826 head.
Average price
$254.99
826 head · 538 lb average
Value per head Derived
$1,373
Price × average weight ÷ 100
Grade differential Derived
$10
per head · Medium and Large 1-2 over Large 1
$77.31/cwt at this weight
vs the market
+10.02
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2402267.311,07473
Medium and Large 1556255.861,423625
Medium 1528245.921,298123
Large 1560190.001,0645thin
One grade step is worth $77.31/cwt here — about $10 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 sale826 hd
254.99
—
MT average3 barns · 1,086 hd
244.97
+10.02
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—Average1,686110.291,86022
CowsBreaker 75-80%Average1,65794.391,56419
CowsBoner 80-85%Very Low1,40285.731,20282
CowsLean 85-90%High1,17279.29929474

Every lot, as filed

79 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 1-2Unweaned—426263.60/cwt261.00–265.001,12314
HeifersMedium and Large 1—805211.62/cwt193.00–212.501,70444
SteersMedium and Large 1Unweaned—581263.20/cwt258.00–281.001,52980
HeifersMedium and Large 1—418276.00/cwt276.00–276.001,15412
HeifersMedium and Large 1—353316.00/cwt316.00–316.001,11512
HeifersMedium and Large 1Unweaned—479276.60/cwt264.00–284.001,32592
HeifersMedium and Large 1-2Unweaned—340282.50/cwt280.00–285.009618
HeifersMedium and Large 1Unweaned—575244.62/cwt235.00–249.501,407118
SteersMedium and Large 1—630266.85/cwt266.85–266.851,68160
HeifersMedium and Large 1-2Unweaned—373269.16/cwt265.00–272.501,0049
HeifersMedium and Large 1Unweaned—368296.31/cwt280.00–300.001,09034
SteersMedium 1—381292.50/cwt292.50–292.501,1144
SteersMedium and Large 1—344337.50/cwt337.50–337.501,16110
SteersMedium and Large 1—429312.76/cwt309.00–323.001,34246
SteersLarge 1—697207.50/cwt207.50–207.501,4468
SteersMedium and Large 1Unweaned—733220.00/cwt220.00–220.001,6138
HeifersMedium 1Unweaned—360270.00/cwt270.00–270.009725
SteersMedium 1Unweaned—445301.00/cwt301.00–301.001,3393
SteersMedium and Large 1—675245.00/cwt245.00–245.001,65426
SteersMedium and Large 1—453300.00/cwt300.00–300.001,3599
SteersMedium and Large 1Unweaned—525290.61/cwt276.25–302.001,526206
SteersMedium and Large 1—576271.84/cwt261.00–278.001,56640
SteersMedium 1—497285.00/cwt285.00–285.001,4167
SteersMedium and Large 1Unweaned—409313.94/cwt311.00–319.001,28423
SteersMedium and Large 1Unweaned—657250.50/cwt250.50–250.501,64629
SteersMedium and Large 1-2Unweaned—461288.48/cwt285.00–290.001,3307
SteersMedium and Large 1Unweaned—461298.07/cwt294.00–300.001,37469
SteersMedium and Large 1—516294.13/cwt284.00–300.001,51833
SteersLarge 1—738205.50/cwt205.50–205.501,5175
SteersMedium and Large 1-2Unweaned—367310.00/cwt310.00–310.001,1383
SteersMedium and Large 1Unweaned—612257.21/cwt254.00–260.001,57479
SteersMedium and Large 1Unweaned—364330.91/cwt329.00–345.001,20529
SteersMedium and Large 1Unweaned—328322.56/cwt320.00–325.001,0582
HeifersMedium and Large 1-2—442258.00/cwt258.00–258.001,14011
HeifersMedium and Large 1-2—808194.00/cwt194.00–194.001,5682
HeifersMedium 1—667221.75/cwt221.75–221.751,47954
HeifersMedium and Large 1—711219.50/cwt219.50–219.501,5617
BullsMedium and Large 1Unweaned—381286.00/cwt286.00–286.001,0909
BullsMedium and Large 1Unweaned—463291.95/cwt291.00–300.001,35228
CowsLean 85-90%Return to Feed—1,12792.02/cwt90.00–95.001,0379
CowsBreaker 75-80%Return to Feed—1,63596.00/cwt96.00–96.001,5701
CowsLean 85-90%—1,15367.66/cwt61.00–76.0078020
CowsLean 85-90%—1,23982.77/cwt82.00–85.001,0264
CowsLean 85-90%—1,03256.42/cwt54.00–59.0058213
Bulls——1,730114.11/cwt108.00–116.001,97411
CowsBoner 80-85%—1,41869.77/cwt69.00–70.509892
CowsBreaker 75-80%—1,68698.72/cwt98.50–99.501,66410
CowsBreaker 75-80%—1,69094.22/cwt91.50–96.501,5923
CowsBoner 80-85%—1,33586.00/cwt86.00–86.001,1481
CowsLean 85-90%Light Weight—92764.35/cwt61.00–72.005977
CowsBoner 80-85%Return to Feed—1,39480.83/cwt72.50–84.001,12738
CowsBoner 80-85%—1,46382.43/cwt80.00–84.501,2062
CowsLean 85-90%Return to Feed—1,20483.85/cwt79.00–89.001,010225
CowsLean 85-90%Return to Feed—1,15576.64/cwt65.00–80.00885196
CowsBoner 80-85%Return to Feed—1,44296.50/cwt96.50–96.501,3928
CowsBoner 80-85%Return to Feed—1,39990.19/cwt84.00–95.001,26231
CowsBreaker 75-80%—1,56884.91/cwt83.00–87.001,3312
CowsBreaker 75-80%Return to Feed—1,59285.94/cwt85.00–88.001,3683
Bulls——1,584103.84/cwt96.00–106.501,6455
Bulls——1,830118.00/cwt118.00–118.002,1591
Bulls—Return to Feed—1,753114.03/cwt113.00–115.001,9992
Bulls—Return to Feed—1,603101.97/cwt94.00–106.501,6353
Stock CowsMedium and Large 1—982141.03/cwt122.00–186.001,38553
Bred CowsMedium and Large 1—1,279100.00/cwt100.00–100.001,2799
Stock CowsMedium and Large 1-2—871126.47/cwt112.50–140.001,10230
Stock CowsMedium and Large 1—1,007107.86/cwt92.50–135.001,08619
HeifersMedium and Large 1—1,020178.58/cwt171.00–186.001,82212
HeifersLarge 1—560190.00/cwt190.00–190.001,0645
HeifersMedium 1—444257.00/cwt257.00–257.001,14136
HeifersMedium 1—397274.00/cwt274.00–274.001,08828
HeifersMedium and Large 1Unweaned—429280.71/cwt273.00–289.001,20454
HeifersMedium and Large 1-2—373272.93/cwt255.00–284.001,01829
HeifersMedium and Large 1—659204.00/cwt204.00–204.001,3444
HeifersMedium and Large 1—456269.00/cwt269.00–269.001,22711
HeifersMedium and Large 1—918196.00/cwt196.00–196.001,7999
HeifersMedium and Large 1Unweaned—511267.16/cwt257.00–272.001,365110
HeifersMedium and Large 1—528265.00/cwt265.00–265.001,39953
HeifersMedium and Large 1—854196.00/cwt196.00–196.001,67422
HeifersMedium and Large 1Unweaned—620225.40/cwt220.00–229.001,39731

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.