Name: Lamoni Livestock Auction livestock auction prices — 2023-10-05
Creator: RaisedBeef
Published: 2023-10-05

Reporter comment USDA

As filed

No recent auction sale for comparison. Demand was very good today. Supply was heavy and included several load lots of spayed heifers that brought a premium. The bulk of todays supply were yearlings.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $260.62/cwt on 1,015 head.

Average price

$260.62

1,015 head · 735 lb average

Value per head Derived

$1,916

Price × average weight ÷ 100

Grade differential Derived

$422

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

$29.21/cwt at this weight

vs the market

+4.99

vs IA average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	741	262.52	1,945	949
Medium and Large 1-2	653	233.31	1,523	66

One grade step is worth $29.21/cwt here — about $422 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 sale1,015 hd

260.62

—

IA average7 barns · 3,762 hd

255.63

+4.99

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

49 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 1-2	—	643	238.44/cwt	236.00–248.00	1,533	19
Steers	Medium and Large 1-2	—	559	230.00/cwt	230.00–230.00	1,286	4
Steers	Medium and Large 1	—	616	269.51/cwt	255.00–282.50	1,660	31
Steers	Medium and Large 1	—	765	249.42/cwt	243.00–256.00	1,908	139
Steers	Medium and Large 1	—	361	338.07/cwt	332.50–340.00	1,220	16
Steers	Medium and Large 1	—	469	330.93/cwt	319.00–343.00	1,552	32
Steers	Medium and Large 1	—	571	308.85/cwt	307.00–311.00	1,764	35
Steers	Medium and Large 1	—	970	223.50/cwt	223.50–223.50	2,168	6
Steers	Medium and Large 1	—	940	235.10/cwt	231.50–235.50	2,210	128
Steers	Medium and Large 1Unweaned	—	438	346.12/cwt	344.00–356.00	1,516	21
Steers	Medium and Large 1	—	670	258.51/cwt	244.50–273.00	1,732	117
Steers	Medium and Large 1Unweaned	—	652	257.00/cwt	257.00–257.00	1,676	10
Steers	Medium and Large 1-2Unweaned	—	510	279.00/cwt	279.00–279.00	1,423	3
Steers	Medium and Large 1Unweaned	—	520	322.24/cwt	319.00–327.00	1,676	23
Steers	Medium and Large 1Unweaned	—	466	334.99/cwt	327.00–340.00	1,561	11
Steers	Medium and Large 1Unweaned	—	397	347.00/cwt	347.00–347.00	1,378	3
Steers	Medium and Large 1	—	855	250.27/cwt	231.50–253.75	2,140	139
Steers	Medium and Large 1Unweaned	—	606	290.00/cwt	290.00–290.00	1,757	13
Heifers	Medium and Large 1	—	581	261.28/cwt	260.00–264.00	1,518	9
Heifers	Medium and Large 1	—	733	239.00/cwt	239.00–239.00	1,752	3
Heifers	Large 1	—	1,139	167.00/cwt	167.00–167.00	1,902	5
Bulls	Medium and Large 1Unweaned	—	375	355.00/cwt	355.00–355.00	1,331	6
Bulls	Medium and Large 1Unweaned	—	469	301.00/cwt	301.00–301.00	1,412	5
Bulls	Medium and Large 1	—	408	294.00/cwt	294.00–294.00	1,200	3
Heifers	Medium and Large 1-2	—	324	280.00/cwt	280.00–280.00	907	9
Heifers	Medium and Large 1-2	—	418	230.00/cwt	230.00–230.00	961	3
Heifers	Medium and Large 1	—	426	307.00/cwt	307.00–307.00	1,308	11
Heifers	Medium and Large 1	—	779	240.08/cwt	220.00–241.00	1,870	83
Heifers	Medium and Large 1	—	932	226.18/cwt	220.00–227.25	2,108	27
Heifers	Medium and Large 1	—	620	253.65/cwt	235.00–259.50	1,573	39
Heifers	Medium and Large 1	—	545	268.29/cwt	267.50–268.50	1,462	28
Heifers	Medium and Large 1	—	837	239.39/cwt	230.50–241.00	2,004	85
Heifers	Medium and Large 1-2	—	353	262.13/cwt	260.00–265.00	925	7
Heifers	Medium and Large 1	—	862	240.39/cwt	220.00–241.00	2,072	250
Heifers	Medium and Large 1-2Unweaned	—	382	255.00/cwt	250.00–260.00	974	6
Heifers	Medium and Large 1-2	—	481	260.20/cwt	258.00–262.50	1,252	16
Heifers	Medium and Large 1Unweaned	—	380	279.15/cwt	264.00–282.50	1,061	17
Heifers	Medium and Large 1Unweaned	—	462	297.50/cwt	297.50–297.50	1,374	8
Heifers	Medium and Large 1Unweaned	—	678	230.00/cwt	230.00–230.00	1,559	3
Heifers	Medium and Large 1Unweaned	—	437	300.66/cwt	282.00–308.50	1,314	27
Steers	Medium and Large 1-2	—	677	218.55/cwt	216.00–223.00	1,480	24
Heifers	Medium and Large 1-2	—	619	225.91/cwt	220.00–229.00	1,398	9
Steers	Medium and Large 1-2	—	746	235.50/cwt	235.50–235.50	1,757	12
Steers	Medium and Large 1	—	736	252.95/cwt	244.50–266.00	1,862	143
Steers	Medium and Large 1Unweaned	—	570	290.00/cwt	290.00–290.00	1,653	5
Heifers	Medium and Large 1Unweaned	—	545	266.37/cwt	263.00–267.50	1,452	12
Steers	Medium and Large 1-2	—	474	260.00/cwt	260.00–260.00	1,232	4
Heifers	Medium and Large 1-2Unweaned	—	445	266.00/cwt	266.00–266.00	1,184	4
Steers	Medium and Large 1	—	824	252.78/cwt	233.50–256.00	2,083	77

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 Oct 5, 2023

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

Receipts 1,895Last week 1,730Year ago 1,500

No recent auction sale for comparison. Demand was very good today. Supply was heavy and included several load lots of spayed heifers that brought a premium. The bulk of todays supply were yearlings.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
19	—	643	236.00–248.00	238.44
4	—	559	230.00	230.00
24	—	677	216.00–223.00	218.55
12	—	746	235.50	235.50
4	—	474	260.00	260.00
Steers — Medium and Large 1$ per cwt · actual wt
31	—	616	255.00–282.50	269.51
139	—	765	243.00–256.00	249.42
16	—	361	332.50–340.00	338.07
32	—	469	319.00–343.00	330.93
35	—	571	307.00–311.00	308.85
6	—	970	223.50	223.50
128	—	940	231.50–235.50	235.10
117	—	670	244.50–273.00	258.51
139	—	855	231.50–253.75	250.27
143	—	736	244.50–266.00	252.95
77	—	824	233.50–256.00	252.78
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
21	—	438	344.00–356.00	346.12
10	—	652	257.00	257.00
23	—	520	319.00–327.00	322.24
11	—	466	327.00–340.00	334.99
3	—	397	347.00	347.00
13	—	606	290.00	290.00
5	—	570	290.00	290.00
Steers — Medium and Large 1-2 · Unweaned$ per cwt · actual wt
3	—	510	279.00	279.00
Heifers — Medium and Large 1$ per cwt · actual wt
9	—	581	260.00–264.00	261.28
3	—	733	239.00	239.00
11	—	426	307.00	307.00
83	—	779	220.00–241.00	240.08
27	—	932	220.00–227.25	226.18
39	—	620	235.00–259.50	253.65
28	—	545	267.50–268.50	268.29
85	—	837	230.50–241.00	239.39
250	—	862	220.00–241.00	240.39
Heifers — Large 1$ per cwt · actual wt
5	—	1,139	167.00	167.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
9	—	324	280.00	280.00
3	—	418	230.00	230.00
7	—	353	260.00–265.00	262.13
16	—	481	258.00–262.50	260.20
9	—	619	220.00–229.00	225.91
Heifers — Medium and Large 1-2 · Unweaned$ per cwt · actual wt
6	—	382	250.00–260.00	255.00
4	—	445	266.00	266.00
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
17	—	380	264.00–282.50	279.15
8	—	462	297.50	297.50
3	—	678	230.00	230.00
27	—	437	282.00–308.50	300.66
12	—	545	263.00–267.50	266.37
Bulls — Medium and Large 1 · Unweaned$ per cwt · actual wt
6	—	375	355.00	355.00
5	—	469	301.00	301.00
Bulls — Medium and Large 1$ per cwt · actual wt
3	—	408	294.00	294.00

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