Sale reports / Iowa / Lamoni Livestock Auction / 2026-09-03

Lamoni Livestock Auction

Feeder Cattle · Lamoni, Iowa · Thu, Sep 3
● Final36 lots reportedUSDA AMS · slug 2158
← Jul 30Sep 3latest
Receipts
1,540 head
▲ 860 vs last sale 680▼ 398 vs year ago 1,938 · −20.5%
View

Reporter comment USDA

As filed

Today was the Annual Customer Appreciation BBQ Special at Lamoni. No comparison stated today as the previous feeder auction was more than 3 weeks ago. Available today were many load lots of yearling steers. Four consignors brought nearly 750 head of reputation cattle. Demand was very good for today's moderate supply and included internet bidders. Trade was active.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $388.25/cwt on 22 head, down $26.52 from the prior sale (only 19 head in that comparison). That ranks 1 of 13 comparable sales and sits −100.38 against this barn's trailing median of $488.63.
Average price
$388.25
▼ 26.52 vs prior sale
22 head · 579 lb average
Value per head Derived
$2,249
Price × average weight ÷ 100
Grade differential Derived
$734
per head · Medium and Large 1 over Medium and Large 1-2
$96.86/cwt at this weight
vs the market
−13.60
vs IA average
+16.86 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1589405.862,39118thin
Medium and Large 1-2536309.001,6564thin
One grade step is worth $96.86/cwt here — about $734 a head. Across this sale the premium is widest at 500–600 lb. USDA reports each grade on its own line and never publishes the spread.

This barn's trailing prices 500–600 lb

13 sales
523474424374median 488.6301/1502/2604/2305/2109/03
Steers 500–600 lb: high $509.23, low $388.25, median $488.63 across 13 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 sale22 hd
388.25
—
IA average5 barns · 297 hd
401.85
−13.60
National average157 barns · 5,984 hd
371.39
+16.86
This barn, trailing median13 sales
488.63
−100.38
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

36 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.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
HeifersMedium and Large 1Fancy400–450406465.00/cwt465.00–465.001,8884
SteersMedium and Large 1800–850834322.59/cwt322.00–323.002,69024
SteersMedium and Large 1650–700685365.67/cwt357.00–368.502,50528
SteersMedium and Large 1900–950932307.89/cwt300.00–311.502,87082
SteersMedium and Large 11000–10501,020302.00/cwt302.00–302.003,080106
BullsMedium and Large 1Unweaned450–500480378.00/cwt378.00–378.001,8144
HeifersMedium and Large 1550–600568360.01/cwt356.00–361.002,04515
HeifersMedium and Large 1900–950949277.00/cwt277.00–277.002,62915
HeifersMedium and Large 1600–650629345.50/cwt345.50–345.502,17324
HeifersMedium and Large 1650–700662338.77/cwt334.50–340.502,24346
HeifersMedium and Large 1700–750724316.91/cwt308.00–320.002,29479
HeifersMedium and Large 1950–1000986274.64/cwt274.00–275.002,70822
SteersMedium and Large 1950–1000963306.03/cwt300.50–311.502,947110
HeifersMedium and Large 1400–450443422.50/cwt422.50–422.501,8724
HeifersMedium and Large 1850–900893287.00/cwt287.00–287.002,56314
BullsMedium and Large 1Unweaned300–350301602.50/cwt602.50–602.501,8144
SteersMedium and Large 1750–800769342.38/cwt324.00–348.002,633130
SteersMedium and Large 1850–900867331.87/cwt314.00–334.752,877419
HeifersMedium and Large 11000–10501,000273.00/cwt273.00–273.002,73016
HeifersMedium and Large 1500–550534365.20/cwt357.00–375.001,95025
HeifersMedium and Large 1800–850823295.42/cwt290.00–301.002,43127
BullsMedium and Large 1Unweaned350–400372495.00/cwt495.00–495.001,8417
BullsMedium and Large 1Unweaned400–450439440.00/cwt440.00–440.001,9327
HeifersMedium and Large 1Unweaned350–400389444.00/cwt444.00–444.001,72711
SteersMedium and Large 1600–650612396.45/cwt389.00–406.002,42623
SteersMedium and Large 1700–750726353.91/cwt344.00–366.502,569119
SteersMedium and Large 1550–600589405.86/cwt400.00–411.002,39118
SteersMedium and Large 1-2700–750739312.50/cwt312.50–312.502,30915
BullsMedium and Large 1-2Unweaned350–400381425.00/cwt425.00–425.001,6194
HeifersMedium and Large 1-2Unweaned300–350321413.00/cwt413.00–413.001,3264
SteersMedium and Large 1-2800–850848314.00/cwt314.00–314.002,6636
SteersMedium and Large 1-2600–650640335.95/cwt295.00–366.002,1507
HeifersMedium and Large 1-2750–800798270.00/cwt270.00–270.002,1556
HeifersMedium and Large 1-2650–700689302.19/cwt300.00–306.002,0828
SteersMedium and Large 1-2500–550536309.00/cwt309.00–309.001,6564
HeifersMedium and Large 1-2600–650647320.00/cwt320.00–320.002,0705

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.