Sale reports / Montana / Miles City Livestock Commission / 2024-01-23

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Jan 23
● Final85 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
1,764 head
55 vs last sale 1,709 78 vs year ago 1,842 · 4.2%
Slaughter Cattle receipts
522 head
141 vs last sale 663 200 vs year ago 322 · +62.1%
Replacement Cattle receipts
720 head
436 vs last sale 284 615 vs year ago 105 · +585.7%
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Reporter comment USDA

As filed

Compared to last sale: The sale last week was canceled due to severely cold temperatures, so all comparisons are to two weeks ago. Feeder steers under 450 lbs were too lightly tested to develop an accurate market trend, however higher undertones were noticed, steers 450-499 lbs sold mostly 15.00 higher on a higher quality offering. 500-549 lbs steers sold mostly steady to 5.00 higher, steers over 550 lbs sold 5.00-15.00 higher. Heifer calves under 650 lbs sold mostly 5.00-15.00 higher. Heifers over 650 lbs were not well compared, however steady undertones were noticed. Quality this week was mostly average to attractive, and overall more attractive than last sale. Most cattle were weaned 45-100 days, with a limited offering of calves straight off the cows. Package sizes were mostly moderate this week with several partial loads seen. CME positions continue to tick higher. The January contract closed today at 231.00, while the March closed at 233.65, 7.225 and 8.775 higher respectfully compared to two weeks ago. Market activity was mostly active this week with a large buyer pool noticed of farmer feeders, ranchers and order-buyers. Demand for replacement quality cattle was good this week with several buyers looking for heifers to breed. These offerings pushed higher than last sale as feeding buyers and replacement buyers both competed over offerings. Weigh up cows sold on mostly good to very good demand for light to moderate offerings. Demand for slaughter cows was especially good as packer buyers showed need for cows for immediate harvest. With many canceled sales across the northern portion of the country last week packers are short cows. Slaughter cows sold mostly 4.00-8.00 higher on all classes. Several buyers continue to buy feeding cows as many are betting the market continues to improve. Feeding cows sold mostly 5.00-10.00 higher. Slaughter bulls sold mostly 3.00 higher in a narrow comparison. Weigh up conditions were average to below average this week. Young age cows sold on mostly moderate to good demand this week. Interest continues to be good for this class of cows, with a strong buyer pool seen again this week. Quality this week was mostly average. This class of cows sold mostly steady. Todays sale featured around 500 head of bred cows and heifers. Demand for bred stock was good to very good. A very large crowd was on hand for the bred portion of todays sale.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $281.18/cwt on 992 head.
Average price
$281.18
992 head · 552 lb average
Value per head Derived
$1,553
Price × average weight ÷ 100
Grade differential Derived
−$250
per head · Medium 1 over Large 1
$38.83/cwt at this weight
vs the market
+6.83
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1435289.141,25760
Medium and Large 1-2506281.671,42589
Medium and Large 1565281.471,590816
Large 1-2468276.001,2923thin
Large 1602250.311,50724
One grade step is worth $38.83/cwt here — about −$250 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 sale992 hd
281.18
MT average4 barns · 1,563 hd
274.35
+6.83
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
BullsLow1,690102.921,73919
CowsPremium White 65-75%Average1,679102.281,71789
CowsBreaker 75-80%Low1,56898.471,54437
CowsBoner 80-85%Low1,36694.101,285129
CowsLean 85-90%Very Low1,15583.77968173

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 Stage (4-6 mo)Young (2-4 yrs)1,133$2,1504thin
Bred Cows2nd/3rd Stage (4-9 mo)Young (2-4 yrs)1,157$1,7746
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged/Aged (>5 yrs)1,415$1,76840
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,402$1,7503thin
Bred Cows2nd/3rd Stage (4-9 mo)Aged (>8 yrs)1,359$1,544175
Bred Cows2nd Stage (4-6 mo)Aged (>8 yrs)1,349$1,39315
Bred Heifers3rd Stage (7-9 mo)(<2 yrs)1,080$2,54899
Bred Heifers2nd/3rd Stage (4-9 mo)(<2 yrs)1,030$2,399215
Bred Heifers2nd Stage (4-6 mo)(<2 yrs)947$1,90010

Every lot, as filed

85 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 1563275.39/cwt266.00–289.001,55045
HeifersMedium and Large 1-2563261.00/cwt261.00–261.001,4692
HeifersMedium and Large 1985199.00/cwt199.00–199.001,9602
HeifersMedium and Large 1-2680226.00/cwt226.00–226.001,5375
HeifersMedium 1524278.00/cwt278.00–278.001,4574
HeifersMedium and Large 1417313.93/cwt312.00–320.001,30932
HeifersMedium and Large 1846202.50/cwt202.50–202.501,71310
HeifersMedium and Large 1526297.81/cwt288.00–306.001,566261
HeifersMedium and Large 1-2800198.50/cwt198.50–198.501,5883
HeifersMedium and Large 1676247.46/cwt238.00–250.501,67389
HeifersMedium and Large 1Replacement605271.90/cwt271.00–273.501,645156
HeifersMedium and Large 1Replacement544289.00/cwt289.00–289.001,57248
HeifersMedium 1495282.02/cwt274.00–292.001,39618
HeifersMedium 1344285.00/cwt285.00–285.009806
HeifersMedium 1368305.76/cwt301.00–311.001,12515
HeifersMedium and Large 1467305.58/cwt300.00–314.001,427108
SteersMedium and Large 1-2573276.90/cwt275.00–277.001,58720
SteersMedium and Large 1-2626256.16/cwt255.00–262.001,6046
SteersMedium 1384334.00/cwt334.00–334.001,28310
SteersMedium and Large 2489271.00/cwt271.00–271.001,3257
SteersLarge 1555289.00/cwt289.00–289.001,6043
HeifersLarge 1607249.50/cwt249.50–249.501,51421
SteersMedium and Large 1627287.43/cwt277.00–294.001,802128
SteersMedium and Large 1514312.98/cwt303.00–325.001,60938
SteersMedium and Large 1-2392322.50/cwt322.50–322.501,2643
SteersMedium and Large 1568306.60/cwt291.00–310.501,741162
SteersMedium and Large 1-2418335.00/cwt335.00–335.001,4005
SteersMedium and Large 1-2475311.67/cwt310.00–313.001,48011
SteersMedium and Large 1Unweaned477305.00/cwt305.00–305.001,45524
SteersMedium and Large 1Unweaned557296.00/cwt296.00–296.001,64935
SteersMedium and Large 1822216.00/cwt216.00–216.001,77618
SteersMedium and Large 1325385.00/cwt385.00–385.001,2514
SteersMedium and Large 1370360.00/cwt360.00–360.001,3322
SteersMedium and Large 1661270.83/cwt262.00–272.001,79034
SteersMedium and Large 1726256.00/cwt256.00–256.001,85956
SteersMedium and Large 1469338.66/cwt330.00–341.001,58862
HeifersMedium and Large 1Full480297.00/cwt297.00–297.001,4265
HeifersMedium and Large 1Fleshy646242.00/cwt242.00–242.001,56321
HeifersMedium and Large 1Fleshy742207.00/cwt207.00–207.001,53610
HeifersMedium and Large 1-2485297.00/cwt297.00–297.001,44027
HeifersLarge 1567256.00/cwt256.00–256.001,4523
BullsMedium and Large 1695217.00/cwt217.00–217.001,5087
CowsLean 85-90%Return to Feed1,26067.00/cwt67.00–67.008441
CowsLean 85-90%Return to Feed1,10987.13/cwt87.00–87.5096613
CowsBoner 80-85%Return to Feed1,37486.67/cwt85.00–89.501,19117
CowsBoner 80-85%Return to Feed1,35499.53/cwt93.50–102.001,34853
CowsLean 85-90%Return to Feed1,11781.03/cwt72.00–85.0090556
CowsBoner 80-85%1,37993.79/cwt92.00–100.001,29339
CowsPremium White 65-75%1,679102.28/cwt101.00–105.001,71789
CowsBreaker 75-80%1,56889.37/cwt89.00–89.501,4014
CowsBreaker 75-80%1,56899.57/cwt96.00–100.501,56133
CowsLean 85-90%Light Weight97276.18/cwt76.00–77.007405
CowsBoner 80-85%1,36686.63/cwt83.00–92.001,18320
CowsLean 85-90%1,20589.35/cwt87.00–98.001,07750
CowsLean 85-90%1,02863.03/cwt62.00–64.006482
CowsLean 85-90%1,18381.80/cwt72.00–87.0096845
CowsLean 85-90%Return to Feed1,220100.00/cwt100.00–100.001,2201
Bulls1,63394.12/cwt86.00–103.001,5379
Bulls1,783109.10/cwt105.00–111.001,9454
Bulls1,963111.00/cwt111.00–111.002,1794
BullsReturn to Feed1,210114.00/cwt114.00–114.001,3792
Stock CowsMedium and Large 11,094112.78/cwt96.00–129.001,23428
Bred CowsMedium and Large 11,4151,768.22/head1,575.00–1,835.001,76840
HeifersMedium and Large 1-2435290.48/cwt282.00–299.001,26428
HeifersLarge 1-2468276.00/cwt276.00–276.001,2923
HeifersMedium and Large 1876200.00/cwt200.00–200.001,75218
HeifersMedium and Large 1-2517284.26/cwt277.00–285.001,47022
HeifersMedium and Large 1-2718207.50/cwt207.50–207.501,4902
HeifersMedium and Large 1393321.40/cwt315.00–325.001,26311
HeifersMedium 1441286.09/cwt284.00–289.001,26217
Bred CowsMedium and Large 1-2Thin Fleshed1,3421,275.00/head1,275.00–1,275.001,2753
Bred HeifersMedium 1-27571,750.00/head1,750.00–1,750.001,75010
Bred CowsMedium and Large 1Broken Mouth1,4071,625.11/head1,525.00–1,675.001,625131
Bred CowsMedium and Large 1-2Broken Mouth1,2051,302.50/head1,300.00–1,325.001,30341
Bred CowsMedium and Large 1Broken Mouth1,4701,350.00/head1,350.00–1,350.001,3502
Stock CowsMedium and Large 11,012138.99/cwt120.00–182.001,40757
Bred HeifersMedium and Large 11,0802,548.32/head2,425.00–2,650.002,54899
Bred HeifersMedium and Large 11,0552,444.75/head2,350.00–2,550.002,445188
Bred HeifersMedium 19162,275.00/head2,275.00–2,275.002,27517
Bred HeifersMedium and Large 18891,750.00/head1,750.00–1,750.001,7504
Bred HeifersMedium 19862,000.00/head2,000.00–2,000.002,0006
Bred CowsMedium and Large 1-2Broken Mouth1,3301,400.00/head1,400.00–1,400.001,40013
Bred CowsMedium and Large 1-21,1571,773.67/head1,750.00–1,800.001,7746
Bred CowsMedium and Large 11,1332,150.00/head2,150.00–2,150.002,1504
Bred CowsMedium and Large 1-21,4021,750.00/head1,750.00–1,750.001,7503

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.