Name: Lamoni Livestock Auction livestock auction prices — 2024-01-18
Creator: RaisedBeef
Published: 2024-01-18

Reporter comment USDA

As filed

Compared to last week, steers sold mostly 5.00 to 13.00 higher on this weeks light test. Heifers sold mostly 5.00 to 8.00 higher. Supply was moderate today. Demand was moderate to good.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $256.92/cwt on 443 head.

Average price

$256.92

443 head · 648 lb average

Value per head Derived

$1,665

Price × average weight ÷ 100

Grade differential Derived

$197

per head · Medium and Large 1 over Medium and Large 1-2

$17.38/cwt at this weight

vs the market

+10.33

vs IA average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	651	258.61	1,685	400
Medium and Large 1-2	617	241.23	1,488	43

One grade step is worth $17.38/cwt here — about $197 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 sale443 hd

256.92

—

IA average7 barns · 4,278 hd

246.59

+10.33

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

24 lots · USDA AMS · Lamoni Livestock Feeder Cattle - Lamoni, IA

Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added.

Class	Grade / description	Weight	Avg wt	Price	Range	Per head	Head
Bulls	Medium and Large 1-2Unweaned	—	378	250.00/cwt	250.00–250.00	945	3
Heifers	Medium and Large 1	—	704	212.75/cwt	212.75–212.75	1,498	9
Heifers	Medium and Large 1	—	525	242.25/cwt	230.00–260.00	1,272	17
Heifers	Medium and Large 1	—	767	212.00/cwt	212.00–212.00	1,626	18
Heifers	Medium and Large 1	—	478	260.44/cwt	242.00–269.00	1,245	29
Heifers	Medium and Large 1	—	609	227.82/cwt	220.00–233.00	1,387	49
Steers	Medium and Large 1	—	712	252.32/cwt	239.50–254.25	1,797	125
Steers	Medium and Large 1-2	—	426	231.00/cwt	231.00–231.00	984	4
Steers	Medium and Large 1-2	—	461	262.50/cwt	262.50–262.50	1,210	4
Steers	Medium and Large 1-2	—	714	219.17/cwt	217.00–221.00	1,565	11
Steers	Medium and Large 1-2	—	630	249.50/cwt	249.50–249.50	1,572	24
Steers	Medium and Large 1	—	778	232.76/cwt	224.00–240.00	1,811	40
Heifers	Medium and Large 1-2	—	497	234.00/cwt	234.00–234.00	1,163	14
Steers	Medium and Large 1	—	488	264.86/cwt	257.00–285.00	1,293	19
Steers	Medium and Large 1	—	571	273.92/cwt	264.00–288.00	1,564	29
Steers	Medium and Large 1	—	668	242.43/cwt	230.00–254.00	1,619	35
Steers	Medium and Large 1	—	532	268.66/cwt	255.00–282.50	1,429	39
Steers	Medium and Large 1	—	624	271.27/cwt	258.00–282.00	1,693	113
Heifers	Medium and Large 1	—	564	240.05/cwt	221.00–247.00	1,354	104
Heifers	Medium and Large 1	—	661	237.86/cwt	227.50–242.00	1,572	108
Heifers	Medium and Large 1-2	—	383	230.00/cwt	230.00–230.00	881	3
Heifers	Medium and Large 1-2	—	423	236.00/cwt	236.00–236.00	998	3
Heifers	Medium and Large 1-2	—	540	220.00/cwt	220.00–220.00	1,188	8
Heifers	Medium and Large 1-2	—	592	208.00/cwt	208.00–208.00	1,231	9

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.

Iowa feeder prices, every weight →Every state and region →

Lamoni Livestock Feeder Cattle - Lamoni, IA

Thu Jan 18, 2024

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Des Moines, IA (LS-NW)

Receipts 923Last week 1,570Year ago 3,041

Compared to last week, steers sold mostly 5.00 to 13.00 higher on this weeks light test. Heifers sold mostly 5.00 to 8.00 higher. Supply was moderate today. Demand was moderate to good.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1-2 · Unweaned$ per cwt · actual wt
3	—	378	250.00	250.00
Heifers — Medium and Large 1$ per cwt · actual wt
9	—	704	212.75	212.75
17	—	525	230.00–260.00	242.25
18	—	767	212.00	212.00
29	—	478	242.00–269.00	260.44
49	—	609	220.00–233.00	227.82
104	—	564	221.00–247.00	240.05
108	—	661	227.50–242.00	237.86
Heifers — Medium and Large 1-2$ per cwt · actual wt
14	—	497	234.00	234.00
3	—	383	230.00	230.00
3	—	423	236.00	236.00
8	—	540	220.00	220.00
9	—	592	208.00	208.00
Steers — Medium and Large 1$ per cwt · actual wt
125	—	712	239.50–254.25	252.32
40	—	778	224.00–240.00	232.76
19	—	488	257.00–285.00	264.86
29	—	571	264.00–288.00	273.92
35	—	668	230.00–254.00	242.43
39	—	532	255.00–282.50	268.66
113	—	624	258.00–282.00	271.27
Steers — Medium and Large 1-2$ per cwt · actual wt
4	—	426	231.00	231.00
4	—	461	262.50	262.50
11	—	714	217.00–221.00	219.17
24	—	630	249.50	249.50

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.

Feeder Cattle — prices, barns, and planning

Fed Cattle — the cash market and what quality pays

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Feed & Hay — the cost side, cash not futures

Cows & Bred Stock — the rebuild market

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Lamoni Livestock Auction