Sale reports / Iowa / Lamoni Livestock Auction / 2021-06-24

Lamoni Livestock Auction

Feeder Cattle · Lamoni, Iowa · Thu, Jun 24
● Final25 lots reportedUSDA AMS · slug 2158
Receipts
1,411 head
1,286 vs last sale 2,697 259 vs year ago 1,670 · 15.5%
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Reporter comment USDA

As filed

No trend as there was no recent market coverage for comparison. Demand was good for the moderate offerings. Trade was active.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $146.06/cwt on 858 head.
Average price
$146.06
858 head · 844 lb average
Value per head Derived
$1,233
Price × average weight ÷ 100
Grade differential Derived
$313
per head · Medium and Large 1 over Large 1
$21.27/cwt at this weight
vs the market
+1.11
vs IA average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1846146.271,238845
Medium and Large 1-2709137.009718thin
Large 1740125.009255thin
One grade step is worth $21.27/cwt here — about $313 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 sale858 hd
146.06
IA average2 barns · 888 hd
144.96
+1.11
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

25 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 1527153.97/cwt151.00–156.0081118
HeifersLarge 1615125.00/cwt125.00–125.007694
SteersLarge 1740125.00/cwt125.00–125.009255
SteersMedium and Large 1Fleshy1,028132.31/cwt124.50–133.601,360178
HeifersMedium and Large 1586140.00/cwt140.00–140.008208
HeifersMedium and Large 1808129.00/cwt128.50–129.501,04224
HeifersMedium and Large 1Unweaned609145.00/cwt145.00–145.0088321
SteersMedium and Large 1890141.60/cwt138.75–142.751,260184
SteersMedium and Large 1906140.11/cwt128.75–142.501,269189
SteersMedium and Large 1634161.92/cwt161.50–162.501,02731
SteersMedium and Large 1528177.51/cwt172.50–180.0093721
HeifersMedium and Large 1610148.33/cwt140.00–154.2590594
SteersMedium and Large 1671156.80/cwt145.00–159.001,05213
SteersMedium and Large 1713156.03/cwt149.50–159.001,11216
SteersMedium and Large 1817138.32/cwt132.00–141.501,13017
HeifersMedium and Large 1-2Fleshy1,08099.00/cwt99.00–99.001,0695
HeifersMedium and Large 1-2676132.00/cwt132.00–132.008924
SteersMedium and Large 1579175.72/cwt169.00–178.501,01753
HeifersMedium and Large 1Unweaned514154.00/cwt154.00–154.0079213
HeifersMedium and Large 1482160.87/cwt153.50–165.0077526
SteersMedium and Large 1485187.73/cwt187.00–188.0091018
HeifersMedium and Large 1932126.39/cwt124.75–130.001,17829
SteersMedium and Large 1Unweaned597162.00/cwt162.00–162.0096725
SteersMedium and Large 1-2Unweaned709137.00/cwt137.00–137.009718
SteersMedium and Large 1780151.39/cwt146.25–154.751,181100

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.