Name: Lamoni Livestock Auction livestock auction prices — 2023-05-11
Creator: RaisedBeef
Published: 2023-05-11

Reporter comment USDA

As filed

Compared to the feeder auction 2 weeks ago, 400-500 lb. steers were 10.00 to 12.00 higher, 600-700 lb steers were 8.00 - 10.00 higher. Heifers weighing 600 lb were 12.00 - 15.00 higher. Many load lots available today of quality, reputation yearlings and fall, weaned and vaccinated feeder calves. Supply was moderate. Demand was good to very good. Trade active.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $224.26/cwt on 1,103 head.

Average price

$224.26

1,103 head · 617 lb average

Value per head Derived

$1,384

Price × average weight ÷ 100

Grade differential Derived

−$451

per head · Medium and Large 1 over Large 1

$57.50/cwt at this weight

vs the market

+5.84

vs IA average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	613	225.61	1,384	1,043
Medium and Large 1-2	514	214.75	1,104	42
Large 1	1,091	168.11	1,834	18thin

One grade step is worth $57.50/cwt here — about −$451 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 sale1,103 hd

224.26

—

IA average7 barns · 4,140 hd

218.42

+5.84

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

45 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
Heifers	Large 1	—	1,087	167.00/cwt	167.00–167.00	1,815	14
Heifers	Large 1	—	1,106	172.00/cwt	172.00–172.00	1,902	4
Heifers	Medium and Large 1	—	471	245.65/cwt	239.00–255.00	1,157	94
Heifers	Medium and Large 1	—	431	269.90/cwt	250.00–275.75	1,163	101
Heifers	Medium and Large 1-2	—	419	244.47/cwt	242.50–247.50	1,024	10
Heifers	Medium and Large 1	—	717	206.21/cwt	204.50–208.00	1,479	148
Steers	Medium and Large 1	—	369	296.48/cwt	295.00–297.50	1,094	28
Steers	Medium and Large 1	—	438	281.03/cwt	273.00–290.00	1,231	38
Steers	Medium and Large 1Unweaned	—	524	272.77/cwt	272.00–273.50	1,429	29
Steers	Medium and Large 1-2	—	745	207.25/cwt	207.25–207.25	1,544	11
Steers	Medium and Large 1	—	617	253.46/cwt	251.50–256.25	1,564	59
Steers	Medium and Large 1-2	—	614	224.00/cwt	224.00–224.00	1,375	16
Steers	Medium and Large 1Unweaned	—	598	231.50/cwt	231.50–231.50	1,384	4
Steers	Medium and Large 1Unweaned	—	417	291.00/cwt	291.00–291.00	1,213	11
Steers	Medium and Large 1	—	486	289.59/cwt	279.00–297.00	1,407	63
Steers	Medium and Large 1Fancy	—	434	304.00/cwt	304.00–304.00	1,319	59
Steers	Medium and Large 1	—	531	275.59/cwt	262.00–286.50	1,463	62
Steers	Medium and Large 1	—	731	217.50/cwt	217.50–217.50	1,590	14
Steers	Medium and Large 1-2	—	545	246.00/cwt	246.00–246.00	1,341	17
Steers	Medium and Large 1-2	—	382	254.58/cwt	247.00–262.50	972	6
Steers	Medium and Large 1	—	656	220.31/cwt	220.00–221.00	1,445	13
Heifers	Medium and Large 1Replacement	—	883	183.00/cwt	183.00–183.00	1,616	12
Heifers	Medium and Large 1Unweaned	—	596	210.00/cwt	210.00–210.00	1,252	7
Heifers	Medium and Large 1Unweaned	—	473	230.00/cwt	230.00–230.00	1,088	3
Steers	Medium and Large 1	—	907	179.00/cwt	179.00–179.00	1,624	3
Steers	Medium and Large 1-2	—	476	242.73/cwt	236.00–256.00	1,155	23
Steers	Medium and Large 1	—	579	258.35/cwt	252.00–267.00	1,496	23
Heifers	Medium and Large 1	—	324	256.21/cwt	242.50–263.00	830	15
Heifers	Medium and Large 1	—	657	221.13/cwt	208.00–223.50	1,453	93
Heifers	Medium and Large 1-2	—	388	231.41/cwt	210.00–243.00	898	11
Steers	Medium and Large 1-2	—	578	211.00/cwt	211.00–211.00	1,220	3
Steers	Medium and Large 1-2	—	692	141.00/cwt	141.00–141.00	976	3
Steers	Medium and Large 1	—	761	207.72/cwt	199.00–210.00	1,581	20
Heifers	Medium and Large 1-2	—	715	147.50/cwt	147.50–147.50	1,055	4
Heifers	Medium and Large 1-2	—	454	219.00/cwt	219.00–219.00	994	5
Heifers	Medium and Large 1-2	—	696	190.00/cwt	190.00–190.00	1,322	9
Heifers	Medium and Large 1	—	576	231.76/cwt	227.00–241.00	1,335	56
Heifers	Medium and Large 1	—	378	264.34/cwt	245.00–272.50	999	68
Steers	Medium and Large 1Fancy	—	497	299.00/cwt	299.00–299.00	1,486	81
Heifers	Medium and Large 1	—	516	241.34/cwt	220.00–246.00	1,245	101
Heifers	Medium and Large 1	—	614	233.14/cwt	207.00–238.75	1,431	136
Heifers	Medium and Large 1	—	920	169.39/cwt	169.00–169.50	1,558	44
Heifers	Medium and Large 1	—	823	190.31/cwt	188.00–193.00	1,566	11
Heifers	Medium and Large 1-2	—	578	211.50/cwt	211.50–211.50	1,222	3
Heifers	Medium and Large 1	—	782	188.94/cwt	171.00–192.50	1,478	154

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 11, 2023

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

Receipts 2,540Last week 2,238Year ago 1,208

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Large 1$ per cwt · actual wt
14	—	1,087	167.00	167.00
4	—	1,106	172.00	172.00
Heifers — Medium and Large 1$ per cwt · actual wt
94	—	471	239.00–255.00	245.65
101	—	431	250.00–275.75	269.90
148	—	717	204.50–208.00	206.21
15	—	324	242.50–263.00	256.21
93	—	657	208.00–223.50	221.13
56	—	576	227.00–241.00	231.76
68	—	378	245.00–272.50	264.34
101	—	516	220.00–246.00	241.34
136	—	614	207.00–238.75	233.14
44	—	920	169.00–169.50	169.39
11	—	823	188.00–193.00	190.31
154	—	782	171.00–192.50	188.94
Heifers — Medium and Large 1-2$ per cwt · actual wt
10	—	419	242.50–247.50	244.47
11	—	388	210.00–243.00	231.41
4	—	715	147.50	147.50
5	—	454	219.00	219.00
9	—	696	190.00	190.00
3	—	578	211.50	211.50
Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt
12	—	883	183.00	183.00
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
7	—	596	210.00	210.00
3	—	473	230.00	230.00
Steers — Medium and Large 1$ per cwt · actual wt
28	—	369	295.00–297.50	296.48
38	—	438	273.00–290.00	281.03
59	—	617	251.50–256.25	253.46
63	—	486	279.00–297.00	289.59
62	—	531	262.00–286.50	275.59
14	—	731	217.50	217.50
13	—	656	220.00–221.00	220.31
3	—	907	179.00	179.00
23	—	579	252.00–267.00	258.35
20	—	761	199.00–210.00	207.72
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
29	—	524	272.00–273.50	272.77
4	—	598	231.50	231.50
11	—	417	291.00	291.00
Steers — Medium and Large 1-2$ per cwt · actual wt
11	—	745	207.25	207.25
16	—	614	224.00	224.00
17	—	545	246.00	246.00
6	—	382	247.00–262.50	254.58
23	—	476	236.00–256.00	242.73
3	—	578	211.00	211.00
3	—	692	141.00	141.00
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
59	—	434	304.00	304.00
81	—	497	299.00	299.00

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