Sale reports / Iowa / Lamoni Livestock Auction / 2023-10-19

Lamoni Livestock Auction

Feeder Cattle · Lamoni, Iowa · Thu, Oct 19
● Final37 lots reportedUSDA AMS · slug 2158
Receipts
1,658 head
▼ 237 vs last sale 1,895▲ 158 vs year ago 1,500 · +10.5%
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Reporter comment USDA

As filed

Compared to last sale two weeks ago, steers sold mostly 2.00 to 8.00 lower, heifers sold with a lower undertone on this weeks light test. Demand for the quality cattle presented today was good to very good. Supply was heavy and included several load lots of yearling steers.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $251.55/cwt on 1,281 head.
Average price
$251.55
1,281 head · 781 lb average
Value per head Derived
$1,964
Price × average weight ÷ 100
Grade differential Derived
$452
per head · Medium and Large 1 over Medium and Large 1-2
$21.62/cwt at this weight
vs the market
−0.17
vs IA average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1781251.621,9661,277
Medium and Large 1-2658230.001,5134thin
One grade step is worth $21.62/cwt here — about $452 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 sale1,281 hd
251.55
—
IA average8 barns · 4,531 hd
251.72
−0.17
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

37 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
BullsMedium and Large 1-2—499204.00/cwt204.00–204.001,0186
BullsMedium and Large 1-2—673186.00/cwt186.00–186.001,2523
HeifersLarge 1—1,019194.66/cwt189.00–198.001,9848
HeifersMedium and Large 1—580225.00/cwt225.00–225.001,3053
HeifersMedium and Large 1—369262.50/cwt262.50–262.509694
HeifersMedium and Large 1—743227.50/cwt227.50–227.501,6904
SteersMedium and Large 1Unweaned—621250.00/cwt250.00–250.001,5534
SteersMedium and Large 1—672254.07/cwt240.00–265.001,70741
SteersMedium and Large 1Unweaned—558280.08/cwt276.50–293.001,56360
SteersMedium and Large 1—313310.00/cwt310.00–310.009703
SteersMedium and Large 1—475283.19/cwt274.00–287.501,3459
SteersMedium and Large 1Unweaned—528270.00/cwt270.00–270.001,4263
SteersMedium and Large 1—769246.88/cwt231.00–255.501,899159
SteersMedium and Large 1-2—658230.00/cwt230.00–230.001,5134
SteersMedium and Large 1Unweaned—659238.92/cwt231.00–241.001,57415
SteersMedium and Large 1—957232.84/cwt226.00–235.752,22817
SteersMedium and Large 1—533276.62/cwt270.00–283.001,47426
SteersMedium and Large 1—591265.00/cwt265.00–265.001,5666
SteersMedium and Large 1—620253.19/cwt245.00–269.001,57024
HeifersMedium and Large 1Unweaned—601213.00/cwt213.00–213.001,2806
SteersMedium and Large 1—869242.34/cwt233.00–246.002,106263
HeifersMedium and Large 1Unweaned—559249.03/cwt238.00–263.001,39239
SteersMedium and Large 1Fancy—410325.00/cwt325.00–325.001,3337
SteersMedium and Large 1—900238.75/cwt238.75–238.752,14960
SteersMedium and Large 1—725260.68/cwt255.00–265.001,890169
HeifersMedium and Large 1Unweaned—396240.00/cwt240.00–240.009504
SteersMedium and Large 1—824250.02/cwt245.00–251.002,060411
HeifersMedium and Large 1—858216.00/cwt216.00–216.001,8536
HeifersMedium and Large 1—805228.60/cwt226.50–229.001,84019
HeifersMedium and Large 1—479270.17/cwt259.00–284.001,29416
HeifersMedium and Large 1Unweaned—502260.20/cwt248.00–265.501,30610
HeifersMedium and Large 1—671228.74/cwt227.00–230.001,53520
HeifersMedium and Large 1Unweaned—498280.18/cwt269.00–284.501,39525
HeifersMedium and Large 1—536246.61/cwt243.00–251.001,32211
HeifersMedium and Large 1—778231.93/cwt231.50–234.001,80423
HeifersMedium and Large 1-2—585218.00/cwt218.00–218.001,2754
HeifersMedium and Large 1—623227.78/cwt220.00–235.001,41932

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.