Name: Lamoni Livestock Auction livestock auction prices — 2020-09-24
Creator: RaisedBeef
Published: 2020-09-24

Reporter comment USDA

As filed

No trend, as there was no recent report for comparison. Demand was good for the moderate offerings. Supply included several load lots. Trade was active.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $129.30/cwt on 506 head.

Average price

$129.30

506 head · 811 lb average

Value per head Derived

$1,048

Price × average weight ÷ 100

Grade differential Derived

−$218

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

$8.50/cwt at this weight

vs the market

+1.94

vs IA average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium 1-2	556	132.00	734	4thin
Medium and Large 1	813	129.34	1,052	497
Medium and Large 1-2	771	123.50	952	5thin

One grade step is worth $8.50/cwt here — about −$218 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 sale506 hd

129.30

—

IA average7 barns · 2,038 hd

127.36

+1.94

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

27 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 1Unweaned	—	491	155.50/cwt	155.50–155.50	764	4
Bulls	Medium and Large 1Unweaned	—	538	147.00/cwt	147.00–147.00	791	3
Heifers	Medium and Large 1	—	915	122.50/cwt	120.00–123.50	1,121	7
Heifers	Medium and Large 1	—	712	130.31/cwt	124.50–135.00	928	49
Heifers	Medium and Large 1Fleshy	—	851	117.50/cwt	117.50–117.50	1,000	7
Heifers	Medium and Large 1	—	846	123.31/cwt	123.00–125.00	1,043	36
Heifers	Medium and Large 1Fleshy	—	787	123.50/cwt	123.50–123.50	972	7
Heifers	Medium and Large 1	—	617	130.72/cwt	128.00–136.00	807	15
Heifers	Medium 1-2	—	556	132.00/cwt	132.00–132.00	734	4
Heifers	Medium and Large 1	—	967	121.50/cwt	121.50–121.50	1,175	11
Heifers	Medium and Large 1-2	—	771	123.50/cwt	123.50–123.50	952	5
Heifers	Medium and Large 1	—	535	132.57/cwt	132.00–135.00	709	10
Heifers	Medium and Large 1	—	880	127.18/cwt	126.25–129.00	1,119	214
Heifers	Medium and Large 1	—	671	134.76/cwt	134.50–135.00	904	8
Heifers	Medium and Large 1	—	767	135.29/cwt	132.10–138.10	1,038	133
Steers	Medium and Large 1	—	781	139.37/cwt	138.00–143.50	1,088	28
Steers	Medium and Large 1-2	—	881	129.00/cwt	129.00–129.00	1,136	5
Steers	Medium and Large 1	—	581	156.38/cwt	155.50–158.50	909	10
Steers	Medium and Large 1	—	860	144.33/cwt	144.00–144.50	1,241	180
Steers	Medium and Large 1	—	520	163.00/cwt	163.00–163.00	848	8
Steers	Medium and Large 1	—	729	147.42/cwt	144.50–148.50	1,075	57
Steers	Medium and Large 1	—	994	129.29/cwt	121.00–129.75	1,285	55
Steers	Medium and Large 1-2	—	632	136.00/cwt	136.00–136.00	860	10
Steers	Medium and Large 1	—	680	147.90/cwt	145.00–150.25	1,006	45
Steers	Medium and Large 1-2	—	797	134.00/cwt	134.00–134.00	1,068	9
Steers	Medium and Large 1	—	634	152.43/cwt	152.00–157.00	966	33
Steers	Medium and Large 1-2	—	521	135.00/cwt	135.00–135.00	703	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 Sep 24, 2020

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

Receipts 1,048Last week 3,233Year ago 0

No trend, as there was no recent report for comparison. Demand was good for the moderate offerings. Supply included several load lots. Trade was active.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1 · Unweaned$ per cwt · actual wt
4	—	491	155.50	155.50
3	—	538	147.00	147.00
Heifers — Medium and Large 1$ per cwt · actual wt
7	—	915	120.00–123.50	122.50
49	—	712	124.50–135.00	130.31
36	—	846	123.00–125.00	123.31
15	—	617	128.00–136.00	130.72
11	—	967	121.50	121.50
10	—	535	132.00–135.00	132.57
214	—	880	126.25–129.00	127.18
8	—	671	134.50–135.00	134.76
133	—	767	132.10–138.10	135.29
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
7	—	851	117.50	117.50
7	—	787	123.50	123.50
Heifers — Medium 1-2$ per cwt · actual wt
4	—	556	132.00	132.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
5	—	771	123.50	123.50
Steers — Medium and Large 1$ per cwt · actual wt
28	—	781	138.00–143.50	139.37
10	—	581	155.50–158.50	156.38
180	—	860	144.00–144.50	144.33
8	—	520	163.00	163.00
57	—	729	144.50–148.50	147.42
55	—	994	121.00–129.75	129.29
45	—	680	145.00–150.25	147.90
33	—	634	152.00–157.00	152.43
Steers — Medium and Large 1-2$ per cwt · actual wt
5	—	881	129.00	129.00
10	—	632	136.00	136.00
9	—	797	134.00	134.00
6	—	521	135.00	135.00

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.

Feeder Cattle — prices, barns, and planning

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Lamoni Livestock Auction