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

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Dec 12
● Final56 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
1,299 head
▼ 14 vs last sale 1,313▼ 60 vs year ago 1,359 · −4.4%
Slaughter Cattle receipts
353 head
▼ 581 vs last sale 934▼ 111 vs year ago 464 · −23.9%
Replacement Cattle receipts
108 head
▼ 277 vs last sale 385▼ 12 vs year ago 120 · −10.0%
View

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 450 lbs were too lightly tested to develop a full market trend, however higher undertones were noticed on a very attractive offering. Steer calves over 450 lbs sold generally steady to firm. Heifer calves under 450 lbs sold 4.00-8.00 higher, heifers 450-599 lbs sold steady to firm, heifers over 600 lbs were not well compared, however lower undertones were noticed. Quality this week was mostly average to very attractive, and overall much more attractive than last week. Package sizes were larger this week with more partial loads and large packages seen. The best demand continues to be for light weight calves suitable to develop into yearlings. Buyers were willing to buy larger calves to make yearlings as long as they were in light flesh. Calves too heavy or to fleshy 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 have posted gains for the last few trading sessions; higher contract movement seen again today. The January contract closed 1.30 higher to close at 218.975, while the March contract closed 1.00 higher to close at 219.60. Market activity was mostly active this week with a good buyer pool on hand actively bidding on offerings. Weigh up cows sold on mostly moderate demand for light to moderate offerings. Demand for slaughter cows was light to moderate this week and stronger than last week. Slaughter cows sold mostly steady on breaking and boning cows in a narrow comparison. Lean cows sold mostly 2.00-4.00 higher as packers competed with feeding buyers over offerings. 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. Thin feeding or turn out cows sold 2.00 to 5.00 higher. Cow flesh scores are starting to improve as many ranchers have weaned calves and cows are starting to flesh back up. A large buyer pool for thin cows continues to be seen. Slaughter bulls sold mostly 2.00 higher in a narrow comparison. Weigh up conditions were mostly below average to average to start the sale but improved as the sale progressed. Young age cows sold on mostly light to moderate demand this week. Quality this week was mostly average and not as attractive as last weeks sale. This class of cows sold mostly 10.00-15.00 lower. Most offerings sold to feeding buyers this week.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $299.77/cwt on 830 head.
Average price
$299.77
830 head · 502 lb average
Value per head Derived
$1,506
Price × average weight ÷ 100
Grade differential Derived
$58
per head · Medium and Large 1 over Medium and Large 1-2
$48.71/cwt at this weight
vs the market
+19.95
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1503300.491,512782
Medium 1472296.361,39939
Medium and Large 1-2577251.781,4539thin
One grade step is worth $48.71/cwt here — about $58 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 sale830 hd
299.77
—
MT average4 barns · 3,176 hd
279.82
+19.95
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—Average1,77997.061,72711
CowsBreaker 75-80%Low1,54488.491,3668thin
CowsBoner 80-85%Low1,37182.031,12454
CowsLean 85-90%Very Low1,17280.13939236

Every lot, as filed

56 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 1Unweaned—600209.00/cwt209.00–209.001,2542
HeifersMedium and Large 1Unweaned—691195.00/cwt195.00–195.001,34713
SteersMedium 1—449310.00/cwt310.00–310.001,3927
SteersMedium and Large 1Unweaned—419346.23/cwt340.00–356.001,45143
SteersMedium and Large 1-2—485272.00/cwt272.00–272.001,3194
SteersMedium and Large 1Unweaned—346387.50/cwt387.50–387.501,34110
SteersMedium and Large 1-2—635240.00/cwt240.00–240.001,5243
HeifersMedium and Large 1Unweaned—389316.00/cwt316.00–316.001,22914
SteersMedium and Large 1-2Unweaned—675229.00/cwt229.00–229.001,5462
SteersMedium and Large 1—662244.50/cwt244.50–244.501,6196
SteersMedium and Large 1—443324.38/cwt316.00–330.001,43761
SteersMedium and Large 1—519284.31/cwt273.00–294.001,47641
SteersMedium and Large 1—572265.16/cwt261.00–269.501,517127
SteersMedium and Large 1—707238.00/cwt238.00–238.001,68320
SteersMedium and Large 1Unweaned—688244.00/cwt244.00–244.001,67920
SteersMedium and Large 1Unweaned—575266.18/cwt265.00–268.001,53131
SteersMedium 1Unweaned—421302.00/cwt302.00–302.001,2719
SteersMedium and Large 1Unweaned—392366.00/cwt366.00–366.001,43531
SteersMedium 1Unweaned—499290.00/cwt290.00–290.001,44723
SteersMedium and Large 1Unweaned—621250.51/cwt249.00–252.001,55617
SteersMedium and Large 1Unweaned—519286.06/cwt277.00–291.501,48582
SteersMedium and Large 1Unweaned—472306.05/cwt290.00–311.001,445102
HeifersMedium and Large 1Unweaned—492262.61/cwt261.00–268.001,29243
HeifersMedium and Large 1—475277.01/cwt266.00–283.001,316124
HeifersMedium and Large 1—418298.38/cwt275.00–312.001,24755
HeifersMedium and Large 1-2—433251.00/cwt251.00–251.001,0872
BullsMedium and Large 1—658197.50/cwt197.50–197.501,3003
BullsMedium and Large 1Unweaned—370365.00/cwt365.00–365.001,3511
CowsLean 85-90%—1,25062.50/cwt62.50–62.507811
CowsLean 85-90%Return to Feed—1,13377.28/cwt63.00–80.0087668
CowsLean 85-90%Return to Feed—1,19283.75/cwt80.00–89.00998131
CowsBoner 80-85%Return to Feed—1,35478.61/cwt71.50–83.001,06415
CowsLean 85-90%—1,20071.80/cwt65.50–78.0086228
CowsBoner 80-85%—1,39274.93/cwt65.00–84.501,0437
CowsLean 85-90%—1,13583.95/cwt81.00–85.509536
CowsBreaker 75-80%—1,70885.60/cwt84.00–87.001,4622
CowsBreaker 75-80%—1,48989.45/cwt89.00–91.501,3326
CowsLean 85-90%Light Weight—83854.10/cwt51.00–57.004532
CowsBoner 80-85%Return to Feed—1,37485.18/cwt83.50–90.001,17032
Bulls——1,978108.08/cwt106.00–110.002,1382
Bulls——1,69890.10/cwt82.00–95.001,5306
Bulls—Return to Feed—1,580102.00/cwt102.00–102.001,6121
Bulls—Return to Feed—1,925104.45/cwt103.00–106.002,0112
Stock CowsMedium and Large 1-2—89595.00/cwt95.00–95.008502
Stock CowsMedium and Large 1—922130.58/cwt112.00–146.001,20443
Stock CowsMedium and Large 1—1,16385.00/cwt85.00–85.009897
Stock CowsMedium and Large 1—997101.14/cwt87.00–128.001,00830
SteersMedium and Large 1—479309.65/cwt294.00–312.001,483155
HeifersMedium and Large 1—916188.50/cwt188.50–188.501,72711
HeifersMedium and Large 1—386300.60/cwt295.00–310.001,16032
HeifersMedium and Large 1-2—780192.00/cwt192.00–192.001,4981
HeifersMedium and Large 1-2—919185.00/cwt185.00–185.001,7005
HeifersMedium and Large 1Unweaned—579233.65/cwt225.00–246.001,35326
SteersMedium and Large 1—378374.14/cwt360.00–380.001,41436
HeifersMedium and Large 1—508259.50/cwt259.50–259.501,31839
HeifersMedium and Large 1Unweaned—411293.37/cwt282.00–295.001,20616

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.