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
Bulls—High1,90999.791,90529
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 1-2Unweaned—573232.00/cwt232.00–232.001,32911
HeifersMedium and Large 1Unweaned—635243.00/cwt243.00–243.001,5433
HeifersMedium and Large 1Replacement—588268.24/cwt265.00–268.501,57750
HeifersMedium and Large 1-2—396285.00/cwt285.00–285.001,12915
SteersMedium and Large 1-2—465305.63/cwt301.00–315.001,42126
SteersMedium and Large 1Unweaned—472316.00/cwt316.00–316.001,49219
SteersMedium 1—386330.00/cwt330.00–330.001,27417
SteersMedium 1—536290.00/cwt290.00–290.001,55414
SteersMedium 1—463312.33/cwt308.00–315.001,44621
HeifersMedium and Large 1—653251.00/cwt251.00–251.001,63913
SteersMedium and Large 2—567255.00/cwt255.00–255.001,4463
SteersMedium and Large 2—407305.00/cwt305.00–305.001,2413
SteersMedium and Large 1—884215.00/cwt215.00–215.001,9017
SteersMedium and Large 1-2—387327.00/cwt327.00–327.001,2653
SteersMedium and Large 1-2—447308.00/cwt308.00–308.001,3773
HeifersMedium and Large 1Replacement—656256.43/cwt256.00–257.001,68230
SteersMedium 1—444327.00/cwt327.00–327.001,45231
SteersMedium and Large 1—525313.72/cwt297.00–320.501,647161
SteersMedium and Large 1-2—540282.27/cwt273.00–289.001,52420
SteersMedium and Large 2—344322.00/cwt322.00–322.001,1089
SteersMedium and Large 1—564289.65/cwt282.00–293.001,63442
SteersMedium and Large 1—311367.50/cwt367.50–367.501,1435
SteersMedium and Large 1—429333.24/cwt325.00–348.501,43068
SteersMedium and Large 1—378342.96/cwt338.00–352.501,29636
SteersMedium and Large 1—751235.90/cwt235.50–243.001,77219
SteersMedium and Large 1—741243.50/cwt243.50–243.501,80410
SteersMedium and Large 1—479321.54/cwt312.00–325.501,54083
SteersMedium and Large 1-2—674242.29/cwt240.00–244.001,63335
SteersMedium and Large 1—616281.99/cwt272.00–289.001,73770
SteersMedium and Large 1Unweaned—506301.00/cwt301.00–301.001,5234
SteersMedium and Large 1-2Unweaned—618276.50/cwt276.50–276.501,7096
SteersMedium and Large 1Unweaned—617288.06/cwt286.00–289.001,77725
SteersMedium and Large 1Unweaned—719239.00/cwt239.00–239.001,71818
SteersMedium and Large 1-2—576277.01/cwt272.00–280.001,59620
SteersMedium and Large 1—675257.04/cwt252.00–260.001,7358
HeifersMedium and Large 1—564269.24/cwt254.50–273.001,51946
HeifersMedium and Large 1-2—438276.67/cwt271.00–286.001,21214
HeifersMedium and Large 1—479289.99/cwt280.00–293.001,389195
BullsMedium and Large 1Unweaned—706220.00/cwt220.00–220.001,55313
BullsMedium and Large 1Unweaned—610247.50/cwt247.50–247.501,5105
BullsMedium and Large 1Unweaned—516284.00/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 Feed—1,34189.32/cwt85.00–95.501,198145
CowsBoner 80-85%Return to Feed—1,44999.19/cwt97.00–103.001,43712
CowsLean 85-90%Return to Feed—1,18985.52/cwt82.00–91.001,017145
CowsPremium White 65-75%—1,573102.50/cwt102.50–102.501,6126
CowsLean 85-90%Light Weight—85860.09/cwt51.00–64.005164
CowsLean 85-90%Light Weight—93563.00/cwt63.00–63.005892
CowsLean 85-90%Light Weight—97376.66/cwt76.00–78.007463
Bulls——2,279110.00/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 Feed—1,45782.08/cwt73.00–85.001,19614
CowsBreaker 75-80%—1,54589.00/cwt89.00–89.001,3751
CowsLean 85-90%Return to Feed—1,13076.58/cwt67.50–82.0086542
CowsLean 85-90%—1,17968.30/cwt61.50–80.0080562
Bulls——2,175106.00/cwt106.00–106.002,3061
Bulls——2,030109.50/cwt109.50–109.502,2231
Bulls——1,75790.66/cwt78.00–103.501,59314
Bulls——1,668105.83/cwt105.00–108.001,7655
Stock CowsMedium and Large 1—1,24290.49/cwt89.50–91.001,12420
Stock CowsMedium and Large 1-2—86882.46/cwt80.00–87.507163
Stock CowsMedium and Large 1—1,042105.98/cwt87.50–128.001,10430
Stock CowsMedium and Large 1-2—814113.00/cwt113.00–113.0092010
Stock CowsMedium and Large 1—927151.08/cwt132.00–183.001,401124
Bred CowsMedium and Large 1Broken Mouth—1,5051,600.00/head1,600.00–1,600.001,60019
HeifersMedium 1—539256.18/cwt246.50–261.001,3819
HeifersMedium and Large 1—600254.00/cwt254.00–254.001,52413
HeifersMedium and Large 1-2—585248.78/cwt247.50–249.501,45511
HeifersMedium and Large 1—423300.28/cwt293.00–309.001,27054
HeifersLarge 1—490277.00/cwt277.00–277.001,35711
HeifersMedium and Large 1-2—530266.56/cwt263.50–270.001,41321
HeifersMedium and Large 1Replacement—613262.00/cwt262.00–262.001,60620
HeifersMedium and Large 1-2Unweaned—429267.00/cwt267.00–267.001,14511
HeifersMedium 1—437282.00/cwt282.00–282.001,2327
HeifersMedium and Large 1—507281.00/cwt281.00–281.001,42517
HeifersMedium and Large 1—389309.87/cwt301.00–313.001,20517
HeifersLarge 1—449282.00/cwt282.00–282.001,26610
HeifersMedium and Large 1Unweaned—477286.00/cwt286.00–286.001,3646
HeifersMedium and Large 1Unweaned—376299.00/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.