Sale reports / Iowa / Knoxville Livestock Auction - Iowa / 2020-05-12

Knoxville Livestock Auction - Iowa

Feeder Cattle · Knoxville, Iowa · Tue, May 12
● Final34 lots reportedUSDA AMS · slug 2151
Receipts
1,582 head
382 vs last sale 1,200 1,582 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to two weeks ago steers under 600 lbs. sold 2.00-8.00 higher, while the 600-800 lb. steers were mostly 7.00-8.00 higher. Heifers 500-600 lbs. were 6.00-7.00 higher and the 600-850 lb. heifers were 1.00-11.00 higher. Demand was good for the moderate offerings. Trading was active.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $145.99/cwt on 549 head.
Average price
$145.99
549 head · 670 lb average
Value per head Derived
$978
Price × average weight ÷ 100
Grade differential Derived
$83
per head · Medium and Large 1 over Medium and Large 1-2
$9.71/cwt at this weight
vs the market
+3.63
vs IA average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1671146.88986499
Medium and Large 1-2658137.1690350
One grade step is worth $9.71/cwt here — about $83 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 sale549 hd
145.99
IA average5 barns · 2,694 hd
142.36
+3.63
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Every lot, as filed

34 lots · USDA AMS · Knoxville Regional Feeder Cattle - Knoxville, IA
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
HeifersMedium and Large 1831120.02/cwt113.00–123.5099730
HeifersMedium and Large 1731126.15/cwt119.00–128.0092234
HeifersMedium and Large 1483142.53/cwt140.00–145.0068875
HeifersMedium and Large 1Unweaned509137.00/cwt137.00–137.006977
HeifersMedium and Large 1-2581126.19/cwt125.00–127.0073312
HeifersMedium and Large 1420145.00/cwt145.00–145.0060913
HeifersMedium and Large 1585136.85/cwt131.50–140.0080134
HeifersMedium and Large 1532135.85/cwt132.00–138.0072356
HeifersMedium and Large 1Unweaned398154.00/cwt154.00–154.006135
HeifersMedium and Large 1-2636118.02/cwt116.00–120.007518
HeifersMedium and Large 1385152.00/cwt152.00–152.005856
HeifersMedium and Large 1677128.68/cwt124.00–135.5087131
HeifersMedium and Large 1775118.25/cwt118.25–118.2591642
SteersMedium and Large 1769125.98/cwt124.50–127.0096912
SteersMedium and Large 1573157.55/cwt152.00–162.5090341
SteersMedium and Large 1868124.31/cwt115.00–125.251,07967
SteersMedium and Large 1Unweaned479159.00/cwt159.00–159.007624
SteersMedium and Large 1-2542155.00/cwt155.00–155.008406
SteersMedium and Large 1-2787118.82/cwt118.00–119.0093511
SteersMedium and Large 1908122.25/cwt122.25–122.251,1106
SteersMedium and Large 1534170.32/cwt165.00–173.0091036
SteersMedium and Large 1672147.58/cwt140.00–150.0099262
SteersMedium and Large 1634150.61/cwt144.50–154.00955112
SteersMedium and Large 1-2845118.00/cwt118.00–118.009974
SteersMedium and Large 1-2681135.41/cwt134.50–136.0092210
SteersMedium and Large 1361193.00/cwt193.00–193.006974
HeifersMedium and Large 1603138.73/cwt132.50–142.5083777
HeifersMedium and Large 1-2528130.50/cwt130.50–130.506894
SteersMedium and Large 1740136.50/cwt136.50–136.501,01017
SteersMedium and Large 1476166.80/cwt161.00–173.0079459
SteersMedium and Large 1821131.13/cwt129.50–132.851,07773
SteersMedium and Large 1Unweaned445161.00/cwt161.00–161.007166
SteersMedium and Large 1-2643130.00/cwt130.00–130.008366
SteersMedium and Large 1-2Unweaned535155.00/cwt155.00–155.0082913

How this sale compares

Iowa weighted averages
One sale is one barn on one day. The state ladder is every Iowa auction USDA reported that week, weighted by head — the fairer test of whether a lot sold well.