Sale reports / Montana / Miles City Livestock Commission / 2024-01-09

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Jan 9
● Final83 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
1,709 head
689 vs last sale 1,020 265 vs year ago 1,444 · +18.4%
Slaughter Cattle receipts
663 head
161 vs last sale 502 317 vs year ago 346 · +91.6%
Replacement Cattle receipts
284 head
154 vs last sale 438 259 vs year ago 25 · +1,036.0%
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Reporter comment USDA

As filed

Compared to last sale: Feeder steers under 450 lbs sold steady to 10.00 lower on a lower quality offering, steers over 450 lbs sold mostly 10.00-15.00 higher, with instances of 20.00 higher seen on some high quality offerings. Heifer calves under 550 lbs sold mostly 5.00-7.00 higher, heifers over 550 lbs were not well compared, however demand for this weight of heifers was much better this sale as both replacement buyers and grass cattle buyers competed over offerings. Buyers were buying a heavier weight of feeders to send to grass as they purchased steers up to 650 lbs and heifers up to 600 lbs for that purpose. Quality this week was mostly average to attractive. Most cattle were weaned 45-90 days, with a limited offering of calves straight off the cows. Calves straight off the cow were mostly very high quality and buyers showed good demand despite the fact they were not weaned. Package sizes were mostly moderate this week with one load lot seen. Demand for todays single load lot was very good. CME positions have seen slight gains since the last sale in December. The January contract closed today at 223.775 while the March closed at 224.875. Market activity was mostly active this week with a large buyer pool noticed. Weigh up cows sold on mostly moderate to good demand for moderate offerings. Demand for cows was mostly light to start the sale but improved as additional buyers entered the market. Demand for slaughter cows was light to moderate this week. Breaking slaughter cows sold mostly 5.00-7.00 higher, boning slaughter cows sold generally steady, lean slaughter cows sold mostly 2.00 higher. Most of the cow offering returned to feed this week as both packers and private buyers both purchased cows to feed this week. High quality feeding cows, suitable to feed to premium white sold mostly steady to 2.00 higher. Thin feeding or turn out cows sold steady to 3.00 higher. Slaughter bulls sold mostly steady to 2.00 lower in a narrow comparison. Weigh up conditions were mixed this week. Young age cows sold on mostly moderate to good demand this week. More interest was seen for this class of cows as additional buyers were in the market looking for rebreed quality cows. Quality this week was mostly average. This class of cows sold mostly steady to 5.00 higher.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $301.85/cwt on 786 head.
Average price
$301.85
786 head · 529 lb average
Value per head Derived
$1,597
Price × average weight ÷ 100
Grade differential Derived
−$130
per head · Medium 1 over Medium and Large 1-2
$41.77/cwt at this weight
vs the market
+16.18
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1452317.661,43783
Medium and Large 2401305.201,22415thin
Medium and Large 1536304.581,632575
Medium and Large 1-2568275.891,568113
One grade step is worth $41.77/cwt here — about −$130 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 sale786 hd
301.85
MT average2 barns · 1,316 hd
285.67
+16.18
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
BullsHigh1,90999.791,90529
CowsBreaker 75-80%High1,509101.761,53541
CowsPremium White 65-75%Average1,76398.731,74013
CowsBoner 80-85%Low1,36588.971,214180
CowsLean 85-90%Very Low1,17179.82934289

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/3rd Stage (4-9 mo)Aged (>8 yrs)1,505$1,60019

Every lot, as filed

83 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 1-2Unweaned573232.00/cwt232.00–232.001,32911
HeifersMedium and Large 1Unweaned635243.00/cwt243.00–243.001,5433
HeifersMedium and Large 1Replacement588268.24/cwt265.00–268.501,57750
HeifersMedium and Large 1-2396285.00/cwt285.00–285.001,12915
SteersMedium and Large 1-2465305.63/cwt301.00–315.001,42126
SteersMedium and Large 1Unweaned472316.00/cwt316.00–316.001,49219
SteersMedium 1386330.00/cwt330.00–330.001,27417
SteersMedium 1536290.00/cwt290.00–290.001,55414
SteersMedium 1463312.33/cwt308.00–315.001,44621
HeifersMedium and Large 1653251.00/cwt251.00–251.001,63913
SteersMedium and Large 2567255.00/cwt255.00–255.001,4463
SteersMedium and Large 2407305.00/cwt305.00–305.001,2413
SteersMedium and Large 1884215.00/cwt215.00–215.001,9017
SteersMedium and Large 1-2387327.00/cwt327.00–327.001,2653
SteersMedium and Large 1-2447308.00/cwt308.00–308.001,3773
HeifersMedium and Large 1Replacement656256.43/cwt256.00–257.001,68230
SteersMedium 1444327.00/cwt327.00–327.001,45231
SteersMedium and Large 1525313.72/cwt297.00–320.501,647161
SteersMedium and Large 1-2540282.27/cwt273.00–289.001,52420
SteersMedium and Large 2344322.00/cwt322.00–322.001,1089
SteersMedium and Large 1564289.65/cwt282.00–293.001,63442
SteersMedium and Large 1311367.50/cwt367.50–367.501,1435
SteersMedium and Large 1429333.24/cwt325.00–348.501,43068
SteersMedium and Large 1378342.96/cwt338.00–352.501,29636
SteersMedium and Large 1751235.90/cwt235.50–243.001,77219
SteersMedium and Large 1741243.50/cwt243.50–243.501,80410
SteersMedium and Large 1479321.54/cwt312.00–325.501,54083
SteersMedium and Large 1-2674242.29/cwt240.00–244.001,63335
SteersMedium and Large 1616281.99/cwt272.00–289.001,73770
SteersMedium and Large 1Unweaned506301.00/cwt301.00–301.001,5234
SteersMedium and Large 1-2Unweaned618276.50/cwt276.50–276.501,7096
SteersMedium and Large 1Unweaned617288.06/cwt286.00–289.001,77725
SteersMedium and Large 1Unweaned719239.00/cwt239.00–239.001,71818
SteersMedium and Large 1-2576277.01/cwt272.00–280.001,59620
SteersMedium and Large 1675257.04/cwt252.00–260.001,7358
HeifersMedium and Large 1564269.24/cwt254.50–273.001,51946
HeifersMedium and Large 1-2438276.67/cwt271.00–286.001,21214
HeifersMedium and Large 1479289.99/cwt280.00–293.001,389195
BullsMedium and Large 1Unweaned706220.00/cwt220.00–220.001,55313
BullsMedium and Large 1Unweaned610247.50/cwt247.50–247.501,5105
BullsMedium and Large 1Unweaned516284.00/cwt284.00–284.001,4655
CowsPremium White 65-75%1,92595.50/cwt95.50–95.501,8387
CowsLean 85-90%1,16562.01/cwt61.00–63.007222
CowsBoner 80-85%1,51678.09/cwt74.00–83.001,1847
CowsBoner 80-85%Return to Feed1,34189.32/cwt85.00–95.501,198145
CowsBoner 80-85%Return to Feed1,44999.19/cwt97.00–103.001,43712
CowsLean 85-90%Return to Feed1,18985.52/cwt82.00–91.001,017145
CowsPremium White 65-75%1,573102.50/cwt102.50–102.501,6126
CowsLean 85-90%Light Weight85860.09/cwt51.00–64.005164
CowsLean 85-90%Light Weight93563.00/cwt63.00–63.005892
CowsLean 85-90%Light Weight97376.66/cwt76.00–78.007463
Bulls2,279110.00/cwt110.00–110.002,5078
CowsBoner 80-85%1,39388.48/cwt84.00–93.001,2332
CowsLean 85-90%1,19986.08/cwt82.00–88.001,03229
CowsBreaker 75-80%1,508102.08/cwt101.50–102.501,53940
CowsBoner 80-85%Return to Feed1,45782.08/cwt73.00–85.001,19614
CowsBreaker 75-80%1,54589.00/cwt89.00–89.001,3751
CowsLean 85-90%Return to Feed1,13076.58/cwt67.50–82.0086542
CowsLean 85-90%1,17968.30/cwt61.50–80.0080562
Bulls2,175106.00/cwt106.00–106.002,3061
Bulls2,030109.50/cwt109.50–109.502,2231
Bulls1,75790.66/cwt78.00–103.501,59314
Bulls1,668105.83/cwt105.00–108.001,7655
Stock CowsMedium and Large 11,24290.49/cwt89.50–91.001,12420
Stock CowsMedium and Large 1-286882.46/cwt80.00–87.507163
Stock CowsMedium and Large 11,042105.98/cwt87.50–128.001,10430
Stock CowsMedium and Large 1-2814113.00/cwt113.00–113.0092010
Stock CowsMedium and Large 1927151.08/cwt132.00–183.001,401124
Bred CowsMedium and Large 1Broken Mouth1,5051,600.00/head1,600.00–1,600.001,60019
HeifersMedium 1539256.18/cwt246.50–261.001,3819
HeifersMedium and Large 1600254.00/cwt254.00–254.001,52413
HeifersMedium and Large 1-2585248.78/cwt247.50–249.501,45511
HeifersMedium and Large 1423300.28/cwt293.00–309.001,27054
HeifersLarge 1490277.00/cwt277.00–277.001,35711
HeifersMedium and Large 1-2530266.56/cwt263.50–270.001,41321
HeifersMedium and Large 1Replacement613262.00/cwt262.00–262.001,60620
HeifersMedium and Large 1-2Unweaned429267.00/cwt267.00–267.001,14511
HeifersMedium 1437282.00/cwt282.00–282.001,2327
HeifersMedium and Large 1507281.00/cwt281.00–281.001,42517
HeifersMedium and Large 1389309.87/cwt301.00–313.001,20517
HeifersLarge 1449282.00/cwt282.00–282.001,26610
HeifersMedium and Large 1Unweaned477286.00/cwt286.00–286.001,3646
HeifersMedium and Large 1Unweaned376299.00/cwt299.00–299.001,1244

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.