Sale reports / Iowa / Lamoni Livestock Auction / 2020-10-08

Lamoni Livestock Auction

Feeder Cattle · Lamoni, Iowa · Thu, Oct 8
● Final38 lots reportedUSDA AMS · slug 2158
Receipts
1,527 head
▲ 479 vs last sale 1,048▲ 1,527 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Steers 600-1000 lbs. sold mostly 3.50-5.00 higher. Heifers 550-750 lbs. were mostly 5.00-10.00 higher. The 750-800 lb. heifers were 2.00 lower and those over 800 lbs. did not have enough numbers to compare. Demand was good for the moderate offerings. Trading was active.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $146.14/cwt on 931 head.
Average price
$146.14
931 head · 772 lb average
Value per head Derived
$1,128
Price × average weight ÷ 100
Grade differential Derived
$65
per head · Medium and Large 1 over Large 1
$15.05/cwt at this weight
vs the market
+8.70
vs IA average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1772147.551,139841
Medium and Large 1-2768133.161,02273
Large 1810132.501,07317thin
One grade step is worth $15.05/cwt here — about $65 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 sale931 hd
146.14
—
IA average5 barns · 2,249 hd
137.44
+8.70
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.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
HeifersLarge 1—632130.00/cwt130.00–130.008223
HeifersLarge 1—727133.50/cwt133.50–133.509717
SteersLarge 1—810132.50/cwt132.50–132.501,07317
HeifersMedium and Large 1Fancy—707145.75/cwt145.75–145.751,03012
BullsMedium and Large 1—88490.00/cwt90.00–90.007964
BullsMedium and Large 1—480131.00/cwt131.00–131.006295
HeifersMedium and Large 1-2—537120.00/cwt120.00–120.006443
HeifersMedium and Large 1-2—807120.00/cwt120.00–120.009685
HeifersMedium and Large 1—608140.25/cwt133.00–145.0085335
BullsMedium and Large 1Unweaned—537137.00/cwt137.00–137.007363
SteersMedium and Large 1-2—733131.24/cwt130.00–134.0096216
SteersMedium and Large 1-2—887129.51/cwt128.50–130.501,14922
HeifersMedium and Large 1-2—713126.32/cwt125.00–127.009016
HeifersMedium and Large 1-2—763122.03/cwt121.00–125.009318
HeifersMedium and Large 1—977117.03/cwt115.50–118.001,14313
HeifersMedium and Large 1—582137.55/cwt130.00–142.0080123
SteersMedium and Large 1-2—453154.00/cwt154.00–154.006985
SteersMedium and Large 1-2—659136.45/cwt136.00–137.008999
HeifersMedium and Large 1Unweaned—488137.00/cwt137.00–137.006694
SteersMedium and Large 1Unweaned—523165.50/cwt165.50–165.508666
SteersMedium and Large 1—837148.02/cwt142.00–149.001,239274
SteersMedium and Large 1—565154.76/cwt145.00–159.0087423
HeifersMedium and Large 1—779133.15/cwt127.50–135.001,03765
HeifersMedium and Large 1—719140.56/cwt130.00–141.751,011108
HeifersMedium and Large 1—901121.00/cwt121.00–121.001,0909
SteersMedium and Large 1—727152.64/cwt146.00–153.001,110138
SteersMedium and Large 1-2—768132.90/cwt127.50–135.001,02111
SteersMedium and Large 1—411166.00/cwt166.00–166.006826
SteersMedium and Large 1—680140.20/cwt139.00–144.0095329
SteersMedium and Large 1—545156.00/cwt156.00–156.0085051
SteersMedium and Large 1—635156.63/cwt155.50–156.7599590
HeifersMedium and Large 1—677133.59/cwt130.00–136.0090444
HeifersMedium and Large 1—535138.19/cwt135.00–143.0073920
SteersMedium and Large 1—962132.83/cwt129.25–133.751,278121
SteersMedium and Large 1—773142.96/cwt134.00–145.501,105103
HeifersMedium and Large 1—896127.25/cwt127.25–127.251,1408
BullsMedium and Large 1—611126.49/cwt124.00–129.007736
SteersMedium and Large 1-2—815131.19/cwt130.00–133.001,06910

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.