Name: Lamoni Livestock Auction livestock auction prices — 2020-05-28
Creator: RaisedBeef
Published: 2020-05-28

Reporter comment USDA

As filed

Compared the most recent market coverage two weeks ago (May 14) steers under 600 lbs. were mostly 5.00-14.00 higher and the 600-1000 lb. steers were mostly 2.00-12.00 higher. Heifers under 550 lbs. were mostly 15.00-22.00 higher and the 550-700 lb. heifers were 6.00-7.00 higher. Demand was very good for the heavy offerings. Trading was active.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $151.42/cwt on 1,412 head.

Average price

$151.42

1,412 head · 692 lb average

Value per head Derived

$1,048

Price × average weight ÷ 100

Grade differential Derived

$127

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

$6.40/cwt at this weight

vs the market

+0.70

vs IA average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	694	151.55	1,051	1,383
Medium and Large 1-2	637	145.15	924	29

One grade step is worth $6.40/cwt here — about $127 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 sale1,412 hd

151.42

—

IA average3 barns · 4,553 hd

150.72

+0.70

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

38 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
Steers	Medium and Large 1	—	980	115.75/cwt	115.75–115.75	1,134	47
Steers	Medium and Large 1	—	586	163.90/cwt	157.00–171.00	960	133
Steers	Medium and Large 1-2	—	388	160.00/cwt	160.00–160.00	621	4
Steers	Medium and Large 1	—	851	130.58/cwt	126.75–132.50	1,111	33
Steers	Medium and Large 1	—	486	187.84/cwt	180.50–192.00	913	122
Steers	Medium and Large 1Unweaned	—	647	143.50/cwt	143.50–143.50	928	18
Steers	Medium and Large 1	—	766	139.74/cwt	138.00–141.50	1,070	20
Steers	Medium and Large 1	—	520	178.88/cwt	171.00–181.75	930	71
Steers	Medium and Large 1Unweaned	—	564	159.36/cwt	158.25–161.00	899	15
Steers	Medium and Large 1	—	431	197.47/cwt	187.00–203.50	851	11
Steers	Medium and Large 1	—	387	203.78/cwt	192.00–210.00	789	58
Steers	Medium and Large 1	—	826	132.74/cwt	129.75–136.50	1,096	353
Heifers	Medium and Large 1	—	725	132.94/cwt	131.50–134.25	964	19
Heifers	Medium and Large 1	—	518	154.19/cwt	148.00–157.50	799	86
Heifers	Medium and Large 1-2	—	458	151.00/cwt	151.00–151.00	692	6
Heifers	Medium and Large 1	—	391	178.17/cwt	173.00–188.00	697	17
Heifers	Medium and Large 1	—	585	140.55/cwt	137.00–145.50	822	69
Heifers	Medium and Large 1-2	—	618	124.41/cwt	123.50–125.00	769	5
Heifers	Medium and Large 1	—	326	176.57/cwt	175.00–179.00	576	8
Heifers	Medium and Large 1	—	667	131.05/cwt	128.75–132.00	874	47
Heifers	Medium and Large 1-2	—	438	157.00/cwt	157.00–157.00	688	3
Heifers	Medium and Large 1	—	926	95.00/cwt	95.00–95.00	880	5
Heifers	Medium and Large 1	—	784	121.14/cwt	119.00–130.00	950	40
Heifers	Medium and Large 1-2	—	360	160.00/cwt	160.00–160.00	576	3
Steers	Medium and Large 1	—	945	121.60/cwt	121.60–121.60	1,149	56
Steers	Medium and Large 1	—	720	146.57/cwt	140.00–152.50	1,055	244
Steers	Medium and Large 1-2	—	638	148.25/cwt	148.25–148.25	946	21
Steers	Medium and Large 1	—	667	151.30/cwt	145.75–152.75	1,009	55
Steers	Medium and Large 1	—	622	155.90/cwt	149.50–162.75	970	147
Steers	Medium and Large 1-2	—	879	114.00/cwt	114.00–114.00	1,002	4
Heifers	Medium and Large 1	—	1,012	106.00/cwt	106.00–106.00	1,073	3
Heifers	Medium and Large 1	—	408	172.30/cwt	169.50–181.00	703	39
Heifers	Medium and Large 1Unweaned	—	573	138.00/cwt	138.00–138.00	791	8
Heifers	Medium and Large 1-2	—	521	145.37/cwt	145.00–145.50	757	16
Heifers	Medium and Large 1Fleshy	—	663	128.00/cwt	128.00–128.00	849	4
Heifers	Medium and Large 1	—	626	135.61/cwt	131.50–138.50	849	28
Heifers	Medium and Large 1	—	483	159.10/cwt	153.00–164.00	768	88
Heifers	Medium and Large 1-2	—	593	124.99/cwt	124.00–126.00	741	6

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 May 28, 2020

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

Receipts 2,615Last week 2,082Year ago 0

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
47	—	980	115.75	115.75
133	—	586	157.00–171.00	163.90
33	—	851	126.75–132.50	130.58
122	—	486	180.50–192.00	187.84
20	—	766	138.00–141.50	139.74
71	—	520	171.00–181.75	178.88
11	—	431	187.00–203.50	197.47
58	—	387	192.00–210.00	203.78
353	—	826	129.75–136.50	132.74
56	—	945	121.60	121.60
244	—	720	140.00–152.50	146.57
55	—	667	145.75–152.75	151.30
147	—	622	149.50–162.75	155.90
Steers — Medium and Large 1-2$ per cwt · actual wt
4	—	388	160.00	160.00
21	—	638	148.25	148.25
4	—	879	114.00	114.00
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
18	—	647	143.50	143.50
15	—	564	158.25–161.00	159.36
Heifers — Medium and Large 1$ per cwt · actual wt
19	—	725	131.50–134.25	132.94
86	—	518	148.00–157.50	154.19
17	—	391	173.00–188.00	178.17
69	—	585	137.00–145.50	140.55
8	—	326	175.00–179.00	176.57
47	—	667	128.75–132.00	131.05
5	—	926	95.00	95.00
40	—	784	119.00–130.00	121.14
3	—	1,012	106.00	106.00
39	—	408	169.50–181.00	172.30
28	—	626	131.50–138.50	135.61
88	—	483	153.00–164.00	159.10
Heifers — Medium and Large 1-2$ per cwt · actual wt
6	—	458	151.00	151.00
5	—	618	123.50–125.00	124.41
3	—	438	157.00	157.00
3	—	360	160.00	160.00
16	—	521	145.00–145.50	145.37
6	—	593	124.00–126.00	124.99
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
8	—	573	138.00	138.00
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
4	—	663	128.00	128.00

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.

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Lamoni Livestock Auction