Sale reports / Montana / Miles City Livestock Commission / 2023-12-05

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Dec 5
● Final87 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
1,313 head
▼ 549 vs last sale 1,862▼ 600 vs year ago 1,913 · −31.4%
Slaughter Cattle receipts
934 head
▲ 206 vs last sale 728▲ 668 vs year ago 266 · +251.1%
Replacement Cattle receipts
385 head
▲ 240 vs last sale 145▲ 239 vs year ago 146 · +163.7%
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Reporter comment USDA

As filed

Compared to last week: Yearling steers and heifers were too lightly tested to develop any market trend. Steer calves under 500 lbs sold 5.00-10.00 higher in a narrow comparison. Steers over 500 lbs sold mostly 5.00-10.00 lower in a narrow comparison on a lower quality offering. Heifer calves under 500 lbs sold steady to 5.00 higher, heifers over 500 lbs sold 5.00-8.00 lower. Quality this week was mixed from plain to attractive. Offerings overall were not as attractive this week as last week. Package sizes were smaller this week with very few partial loads seen this week, and no full load lots seen. The best demand continues to be for light weight calves suitable to develop into yearlings. Calves too heavy to make yearlings sold on light to moderate demand. Several sets of long weaned calves were seen this week and these were met with mostly good demand. CME positions continue to trade very volatilely, with sharply higher and sharply lower movement seen. Today CME positions traded with triple digit gains as the January contract closed 4.175 higher to close at 214.70, while the March contract closed 3.90 higher to close at 217.475. Market activity was mostly moderate this week. Weigh up cows sold on mostly light to moderate demand and moderate to heavy offerings. Demand for slaughter cows was mostly light this week. Slaughter cows sold mostly 2.00-4.00 lower on all classes. A large portion of the cow offering was purchased to feed again this week. High quality feeding cows, suitable to feed to premium white sold mostly steady to 3.00 lower. Thin feeding or turn out cows sold 1.00 to 3.00 lower. Many thin low dressing or very low dressing cows continue to be seen. A large buyer pool continues to be seen, especially for thin cows. Slaughter bulls sold 5.00-8.00 lower in a narrow comparison. Weigh up conditions were mostly below average today. Temperatures warmed into the upper 50's and low 60's and most cows and bulls were tanked up as a result. Young age cows sold on mostly good demand this week. Quality this week was mostly average to attractive. This class of cows sold mostly 5.00-8.00 higher, with a larger buyer pool noticed for this class.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $255.88/cwt on 538 head.
Average price
$255.88
538 head · 506 lb average
Value per head Derived
$1,295
Price × average weight ÷ 100
Grade differential Derived
$756
per head · Medium and Large 1 over Medium 2
$127.49/cwt at this weight
vs the market
+12.26
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1514259.991,336402
Medium and Large 1-2466255.411,19188
Medium 1556239.771,33226
Medium and Large 2409220.3090115thin
Large 1681185.001,2604thin
Medium 2438132.505803thin
One grade step is worth $127.49/cwt here — about $756 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 sale538 hd
255.88
—
MT average5 barns · 2,635 hd
243.63
+12.26
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—Low1,652100.781,66538
CowsBreaker 75-80%Average1,64287.501,4363thin
CowsBoner 80-85%Low1,35286.941,175217
CowsLean 85-90%Average1,15273.69849561

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 1-2Unweaned—448259.00/cwt259.00–259.001,1606
HeifersMedium and Large 1-2Unweaned—382282.50/cwt282.50–282.501,0798
HeifersMedium and Large 1Unweaned—363294.30/cwt286.00–311.001,06850
HeifersMedium and Large 2Unweaned—401212.50/cwt212.50–212.508524
HeifersMedium and Large 1-2Unweaned—278260.00/cwt260.00–260.007235
HeifersMedium and Large 1Unweaned—339302.50/cwt302.50–302.501,0258
SteersLarge 1—567262.00/cwt262.00–262.001,4865
SteersMedium and Large 1-2Unweaned—426305.46/cwt303.00–313.001,30111
SteersMedium and Large 1-2—315333.91/cwt327.50–337.501,05214
HeifersMedium 2Unweaned—438132.50/cwt132.50–132.505803
HeifersMedium and Large 1Unweaned—604211.00/cwt211.00–211.001,2745
HeifersMedium and Large 1Unweaned—515249.51/cwt241.00–258.001,28510
SteersMedium and Large 1—580257.00/cwt257.00–257.001,4912
SteersMedium and Large 1-2—474282.31/cwt270.00–292.001,33819
SteersMedium and Large 1—375331.00/cwt331.00–331.001,2413
HeifersMedium and Large 1Unweaned—490263.78/cwt260.00–268.001,29374
SteersMedium and Large 1—533285.03/cwt275.00–291.001,51996
SteersMedium and Large 1—427327.37/cwt318.00–331.001,39813
SteersMedium and Large 1Unweaned—680241.56/cwt231.00–242.501,64312
SteersMedium and Large 1—604249.00/cwt249.00–249.001,5047
SteersMedium and Large 1-2—623247.00/cwt247.00–247.001,5395
SteersMedium and Large 1-2—545266.80/cwt265.00–272.001,45411
SteersMedium and Large 1—460323.99/cwt315.00–325.001,49010
SteersMedium and Large 1—310342.50/cwt342.50–342.501,0621
SteersMedium and Large 1Unweaned—611254.00/cwt254.00–254.001,55272
SteersMedium and Large 1Unweaned—469309.84/cwt298.50–328.001,45383
SteersMedium and Large 1-2Unweaned—364317.50/cwt317.50–317.501,1567
SteersMedium 1—446307.00/cwt307.00–307.001,36916
SteersMedium and Large 1-2Unweaned—563242.50/cwt242.50–242.501,3652
SteersMedium and Large 1-2Unweaned—605247.00/cwt247.00–247.001,4941
SteersMedium and Large 1-2—560245.00/cwt245.00–245.001,3722
SteersMedium and Large 1-2Unweaned—523264.00/cwt264.00–264.001,3812
SteersMedium and Large 1Unweaned—570261.35/cwt250.00–265.001,49034
SteersMedium and Large 1-2—445310.00/cwt310.00–310.001,3805
SteersMedium and Large 1Unweaned—528281.91/cwt275.00–284.001,48824
SteersMedium and Large 1-2Unweaned—482287.90/cwt282.00–292.001,3889
SteersMedium and Large 1Unweaned—368343.80/cwt330.00–357.501,26534
HeifersMedium and Large 1—383306.28/cwt302.00–308.001,17310
HeifersMedium 1—686212.00/cwt212.00–212.001,4547
HeifersMedium and Large 2Unweaned—272227.50/cwt227.50–227.506195
HeifersMedium and Large 2—529219.50/cwt219.50–219.501,1616
BullsMedium and Large 1-2—638185.00/cwt185.00–185.001,1803
BullsMedium and Large 1Unweaned—410311.00/cwt311.00–311.001,2752
CowsLean 85-90%—1,09876.54/cwt74.00–80.0084017
CowsLean 85-90%—1,10965.45/cwt59.00–73.50726155
CowsBoner 80-85%Return to Feed—1,36079.36/cwt72.00–82.501,07942
CowsLean 85-90%Return to Feed—1,19981.95/cwt76.00–88.00983208
CowsBreaker 75-80%—1,57089.00/cwt89.00–89.001,3971
CowsBreaker 75-80%Return to Feed—1,77083.50/cwt83.50–83.501,4781
CowsBoner 80-85%Return to Feed—1,35285.77/cwt83.00–90.501,160120
CowsBoner 80-85%—1,38177.64/cwt69.00–82.501,0725
CowsLean 85-90%Light Weight—93861.94/cwt60.00–64.005813
CowsLean 85-90%Light Weight—98551.00/cwt51.00–51.005021
CowsBoner 80-85%—1,43562.50/cwt62.50–62.508971
CowsLean 85-90%—1,18355.90/cwt45.00–59.006615
CowsLean 85-90%Return to Feed—1,14571.77/cwt62.50–76.00822171
CowsBoner 80-85%Return to Feed—1,33997.75/cwt97.75–97.751,30949
CowsLean 85-90%Return to Feed—1,00558.00/cwt58.00–58.005831
CowsBreaker 75-80%Return to Feed—1,58590.00/cwt90.00–90.001,4271
Bulls——1,61195.78/cwt80.00–103.501,54310
Bulls——1,806105.18/cwt103.50–110.001,9007
Bulls—Return to Feed—1,603100.03/cwt95.00–102.001,6038
Bulls—Return to Feed—1,632102.72/cwt102.00–105.501,67613
Stock CowsMedium and Large 1—897144.48/cwt100.00–161.001,296218
Stock CowsMedium and Large 1—1,020115.45/cwt84.50–153.001,178119
HeifersMedium and Large 1Unweaned—434290.69/cwt286.00–298.001,26240
HeifersMedium and Large 1-2Unweaned—523241.11/cwt240.00–242.001,2617
HeifersMedium and Large 1—340302.50/cwt302.50–302.501,0291
HeifersLarge 1Unweaned—681185.00/cwt185.00–185.001,2604
HeifersMedium and Large 1Unweaned—583234.33/cwt226.00–247.001,36656
HeifersMedium 1Unweaned—465265.00/cwt265.00–265.001,2324
HeifersMedium and Large 1-2—293270.00/cwt270.00–270.007913
HeifersMedium and Large 1—813206.00/cwt206.00–206.001,67512
HeifersMedium and Large 1—583231.85/cwt231.00–235.001,3529
HeifersMedium and Large 1-2—593210.00/cwt210.00–210.001,2453
HeifersMedium and Large 1-2—405262.50/cwt262.50–262.501,0633
HeifersMedium and Large 1—955181.00/cwt181.00–181.001,7297
HeifersMedium and Large 1—481277.59/cwt277.00–281.001,33513
HeifersMedium and Large 1—640212.28/cwt212.00–215.501,35933
HeifersMedium and Large 1—414293.60/cwt278.00–302.001,21634
HeifersMedium 1—519246.00/cwt246.00–246.001,27715
HeifersMedium and Large 1—522256.31/cwt249.00–264.001,33832
HeifersMedium and Large 1-2—498253.59/cwt252.00–255.501,26344
HeifersMedium and Large 1-2Unweaned—496254.31/cwt252.50–258.001,2619
HeifersMedium and Large 1—918196.25/cwt194.00–200.001,8028
Stock CowsMedium and Large 1Thin Fleshed—711140.00/cwt140.00–140.009954
Stock CowsMedium and Large 1-2—767134.76/cwt114.00–147.501,0343

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.