Sale reports / Iowa / Knoxville Livestock Auction - Iowa / 2024-05-21

Knoxville Livestock Auction - Iowa

Feeder Cattle · Knoxville, Iowa · Tue, May 21
● Final37 lots reportedUSDA AMS · slug 2151
Receipts
835 head
220 vs last sale 615 182 vs year ago 653 · +27.9%
View

Reporter comment USDA

As filed

No trend as no recent report. Trade active with good demand for the moderate offerings.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $321.33/cwt on 124 head. That ranks 1 of 3 comparable sales and sits 146.14 against this barn's trailing median of $467.47.
Average price
$321.33
124 head · 560 lb average
Value per head Derived
$1,801
Price × average weight ÷ 100
Grade differential Derived
$230
per head · Medium and Large 1 over Medium and Large 1-2
$14.68/cwt at this weight
vs the market
12.40
vs IA average
+7.23 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1573324.681,86194
Large 1519311.001,61425
Medium and Large 1-2526310.001,6315thin
One grade step is worth $14.68/cwt here — about $230 a head. Across this sale the premium is widest at 400–500 lb. USDA reports each grade on its own line and never publishes the spread.

This barn's trailing prices 500–600 lb

3 sales
514488462436median 467.4701/0601/0601/2002/1002/10
Steers 500–600 lb: high $499.60, low $450.02, median $467.47 across 3 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

How it compared 500–600 lb

Same class and week · spot auction only
This sale124 hd
321.33
IA average5 barns · 1,739 hd
333.73
−12.40
National average158 barns · 11,390 hd
314.10
+7.23
This barn, trailing median3 sales
467.47
−146.14
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

37 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
SteersMedium and Large 1650–700674287.60/cwt280.00–290.001,93834
SteersMedium and Large 1500–550535341.16/cwt335.00–350.001,82525
SteersMedium and Large 1750–800766258.95/cwt245.00–264.001,98430
SteersMedium and Large 1-2450–500490312.50/cwt312.50–312.501,5316
SteersLarge 1600–650628281.00/cwt281.00–281.001,76516
SteersMedium and Large 1450–500479375.55/cwt371.00–382.501,79963
BullsMedium and Large 1500–550511280.00/cwt280.00–280.001,4314
BullsMedium and Large 1650–700691255.00/cwt255.00–255.001,7625
HeifersLarge 1700–750748239.00/cwt239.00–239.001,78813
HeifersLarge 1450–500498295.00/cwt295.00–295.001,46914
HeifersLarge 1600–650600253.00/cwt253.00–253.001,51834
HeifersMedium and Large 1Unweaned500–550536297.50/cwt297.50–297.501,59512
SteersMedium and Large 1550–600587318.71/cwt306.00–335.001,87169
SteersMedium and Large 1-2300–350331311.98/cwt300.00–330.001,0335
SteersMedium and Large 1-2Unweaned500–550526310.00/cwt310.00–310.001,6315
SteersMedium and Large 1850–900852240.50/cwt240.50–240.502,04920
SteersMedium and Large 1350–400387366.19/cwt362.50–375.001,41713
SteersMedium and Large 1600–650618312.62/cwt295.00–319.001,93232
SteersMedium and Large 1400–450425356.00/cwt356.00–356.001,5136
HeifersMedium and Large 1-2400–450430307.50/cwt307.50–307.501,3224
SteersMedium and Large 1700–750710278.88/cwt274.00–282.501,98063
HeifersMedium and Large 1-2300–350349285.00/cwt285.00–285.009958
HeifersMedium and Large 1850–900850222.50/cwt222.50–222.501,8914
HeifersMedium and Large 1-2500–550538277.50/cwt277.50–277.501,4935
HeifersMedium and Large 1Unweaned600–650635255.00/cwt255.00–255.001,6196
HeifersMedium and Large 1550–600565297.24/cwt289.00–300.001,67951
SteersLarge 1500–550519311.00/cwt311.00–311.001,61425
HeifersMedium and Large 1-2450–500470253.17/cwt240.00–262.501,1905
HeifersMedium and Large 1800–850813241.00/cwt241.00–241.001,9595
HeifersMedium and Large 1-2550–600591272.79/cwt270.00–277.501,6128
HeifersMedium and Large 1650–700660253.41/cwt251.00–255.001,67315
HeifersMedium and Large 1400–450415346.89/cwt327.50–359.001,44030
HeifersMedium and Large 1600–650626269.00/cwt269.00–269.001,6849
HeifersMedium and Large 1450–500470324.58/cwt315.00–335.001,52642
HeifersMedium and Large 1500–550533317.49/cwt311.00–319.001,69257
HeifersMedium and Large 1750–800773241.00/cwt241.00–241.001,8637
HeifersMedium and Large 1700–750727248.27/cwt244.50–257.501,80525

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.