Name: Lamoni Livestock Auction livestock auction prices — 2023-12-14
Creator: RaisedBeef
Published: 2023-12-14

Reporter comment USDA

As filed

Compared to a week ago, steers sold with a higher undertone on last weeks light test. Heifers sold with a higher undertone on this weeks light test . Demand was good today. Supply was moderate and included several load lots of reputation cattle of seven and eight weight.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $227.82/cwt on 1,122 head.

Average price

$227.82

1,122 head · 782 lb average

Value per head Derived

$1,782

Price × average weight ÷ 100

Grade differential Derived

−$457

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

$8.68/cwt at this weight

vs the market

−6.93

vs IA average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1-2	566	236.27	1,338	30
Medium and Large 1	788	227.59	1,794	1,092

One grade step is worth $8.68/cwt here — about −$457 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 sale1,122 hd

227.82

—

IA average10 barns · 6,613 hd

234.75

−6.93

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

31 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
Bulls	Medium and Large 1-2	—	429	233.50/cwt	233.50–233.50	1,002	8
Bulls	Medium and Large 1-2	—	752	170.00/cwt	170.00–170.00	1,278	12
Bulls	Medium and Large 1-2	—	535	221.00/cwt	221.00–221.00	1,182	13
Heifers	Medium and Large 1	—	418	228.76/cwt	227.00–232.00	956	9
Heifers	Medium and Large 1	—	670	204.53/cwt	200.00–219.00	1,370	21
Heifers	Medium and Large 1	—	475	238.48/cwt	231.00–247.50	1,133	32
Steers	Medium and Large 1-2	—	595	237.90/cwt	237.00–240.00	1,416	10
Steers	Medium and Large 1	—	684	240.26/cwt	218.00–244.25	1,643	92
Steers	Medium and Large 1Unweaned	—	545	252.31/cwt	240.00–256.00	1,375	17
Steers	Medium and Large 1-2	—	484	258.00/cwt	258.00–258.00	1,249	6
Steers	Medium and Large 1	—	565	279.50/cwt	279.50–279.50	1,579	26
Steers	Medium and Large 1-2	—	429	258.00/cwt	258.00–258.00	1,107	5
Steers	Medium and Large 1-2	—	774	191.00/cwt	191.00–191.00	1,478	5
Steers	Medium and Large 1	—	617	253.82/cwt	249.00–254.50	1,566	48
Steers	Medium and Large 1Unweaned	—	460	255.00/cwt	255.00–255.00	1,173	5
Steers	Medium and Large 1	—	524	277.27/cwt	272.00–282.50	1,453	35
Steers	Medium and Large 1	—	967	206.50/cwt	206.50–206.50	1,997	62
Steers	Medium and Large 1	—	813	214.89/cwt	197.50–221.50	1,747	25
Steers	Medium and Large 1-2	—	529	229.00/cwt	229.00–229.00	1,211	4
Heifers	Medium and Large 1-2	—	510	220.00/cwt	220.00–220.00	1,122	4
Steers	Medium and Large 1	—	779	225.35/cwt	225.25–225.50	1,755	356
Heifers	Medium and Large 1Unweaned	—	527	235.65/cwt	232.50–237.50	1,242	28
Steers	Medium and Large 1	—	373	285.00/cwt	285.00–285.00	1,063	4
Steers	Medium and Large 1Unweaned	—	635	229.00/cwt	229.00–229.00	1,454	4
Steers	Medium and Large 1	—	723	228.29/cwt	220.00–231.00	1,651	16
Heifers	Medium and Large 1-2	—	582	186.70/cwt	182.50–190.00	1,087	7
Steers	Medium and Large 1	—	872	217.89/cwt	200.00–218.75	1,900	402
Heifers	Medium and Large 1	—	586	222.48/cwt	220.00–225.25	1,304	65
Heifers	Medium and Large 1-2	—	908	180.00/cwt	180.00–180.00	1,634	4
Heifers	Medium and Large 1	—	637	217.50/cwt	217.50–217.50	1,385	7
Heifers	Medium and Large 1-2	—	368	215.00/cwt	215.00–215.00	791	3

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 Dec 14, 2023

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

Receipts 1,513Last week 1,930Year ago 2,721

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1-2$ per cwt · actual wt
8	—	429	233.50	233.50
12	—	752	170.00	170.00
13	—	535	221.00	221.00
Heifers — Medium and Large 1$ per cwt · actual wt
9	—	418	227.00–232.00	228.76
21	—	670	200.00–219.00	204.53
32	—	475	231.00–247.50	238.48
65	—	586	220.00–225.25	222.48
7	—	637	217.50	217.50
Heifers — Medium and Large 1-2$ per cwt · actual wt
4	—	510	220.00	220.00
7	—	582	182.50–190.00	186.70
4	—	908	180.00	180.00
3	—	368	215.00	215.00
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
28	—	527	232.50–237.50	235.65
Steers — Medium and Large 1-2$ per cwt · actual wt
10	—	595	237.00–240.00	237.90
6	—	484	258.00	258.00
5	—	429	258.00	258.00
5	—	774	191.00	191.00
4	—	529	229.00	229.00
Steers — Medium and Large 1$ per cwt · actual wt
92	—	684	218.00–244.25	240.26
26	—	565	279.50	279.50
48	—	617	249.00–254.50	253.82
35	—	524	272.00–282.50	277.27
62	—	967	206.50	206.50
25	—	813	197.50–221.50	214.89
356	—	779	225.25–225.50	225.35
4	—	373	285.00	285.00
16	—	723	220.00–231.00	228.29
402	—	872	200.00–218.75	217.89
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
17	—	545	240.00–256.00	252.31
5	—	460	255.00	255.00
4	—	635	229.00	229.00

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