Name: Lamoni Livestock Auction livestock auction prices — 2024-01-11
Creator: RaisedBeef
Published: 2024-01-11

Reporter comment USDA

As filed

Compared to last week, steers under 650 lbs. sold 2.00 to 4.00 higher, while steers over 650 lbs. sold mostly 7.00 to 10.00 lower. Heifers sold 5.00 to sharply lower. Demand was good today. Supply was moderate and included a few load lots.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $249.06/cwt on 893 head.

Average price

$249.06

893 head · 686 lb average

Value per head Derived

$1,708

Price × average weight ÷ 100

Grade differential Derived

−$450

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

$7.49/cwt at this weight

vs the market

−0.09

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	493	256.43	1,265	14thin
Medium and Large 1	689	248.94	1,715	879

One grade step is worth $7.49/cwt here — about −$450 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 sale893 hd

249.06

—

IA average7 barns · 10,536 hd

249.15

−0.09

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

30 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	—	651	205.00/cwt	205.00–205.00	1,335	5
Bulls	Medium and Large 1-2	—	559	218.00/cwt	218.00–218.00	1,219	9
Bulls	Medium and Large 1-2	—	679	190.00/cwt	190.00–190.00	1,290	4
Heifers	Medium and Large 1Fancy	—	469	260.00/cwt	260.00–260.00	1,219	24
Heifers	Medium and Large 1	—	762	197.50/cwt	197.50–197.50	1,505	9
Heifers	Medium and Large 1	—	715	204.53/cwt	195.75–211.50	1,462	27
Steers	Medium and Large 1-2	—	549	220.00/cwt	220.00–220.00	1,208	4
Steers	Medium and Large 1	—	566	275.74/cwt	261.00–286.50	1,561	130
Steers	Medium and Large 1	—	670	242.37/cwt	236.00–257.50	1,624	132
Steers	Medium and Large 1Unweaned	—	543	246.00/cwt	246.00–246.00	1,336	6
Steers	Medium and Large 1Unweaned	—	635	219.27/cwt	216.00–226.00	1,392	12
Steers	Medium and Large 1	—	532	275.46/cwt	264.00–283.00	1,465	31
Steers	Medium and Large 1	—	715	239.19/cwt	219.00–245.50	1,710	128
Steers	Medium and Large 1	—	422	315.00/cwt	315.00–315.00	1,329	5
Steers	Medium and Large 1	—	466	314.93/cwt	300.00–318.00	1,468	23
Steers	Medium and Large 1	—	628	265.89/cwt	249.50–272.25	1,670	179
Steers	Medium and Large 1	—	958	219.00/cwt	219.00–219.00	2,098	54
Steers	Medium and Large 1	—	813	214.49/cwt	210.50–219.00	1,744	53
Heifers	Medium and Large 1	—	470	242.06/cwt	225.00–248.00	1,138	39
Heifers	Medium and Large 1Unweaned	—	708	187.00/cwt	187.00–187.00	1,324	3
Heifers	Medium and Large 1Unweaned	—	578	211.00/cwt	211.00–211.00	1,220	8
Steers	Medium and Large 1-2	—	471	271.00/cwt	271.00–271.00	1,276	10
Steers	Medium and Large 1	—	791	216.81/cwt	215.50–222.50	1,715	58
Steers	Medium and Large 1	—	865	228.48/cwt	207.00–229.50	1,976	68
Heifers	Medium and Large 1	—	540	235.87/cwt	220.00–238.00	1,274	32
Heifers	Medium and Large 1	—	678	207.37/cwt	198.00–216.25	1,406	36
Heifers	Medium and Large 1	—	626	220.06/cwt	200.50–228.50	1,378	142
Heifers	Medium and Large 1	—	578	234.89/cwt	220.00–242.00	1,358	153
Heifers	Medium and Large 1-2	—	538	210.00/cwt	210.00–210.00	1,130	6
Heifers	Medium and Large 1-2	—	592	210.00/cwt	210.00–210.00	1,243	6

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 Jan 11, 2024

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

Receipts 1,570Last week 1,714Year ago 2,795

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
5	—	651	205.00	205.00
Bulls — Medium and Large 1-2$ per cwt · actual wt
9	—	559	218.00	218.00
4	—	679	190.00	190.00
Heifers — Medium and Large 1 · Fancy$ per cwt · actual wt
24	—	469	260.00	260.00
Heifers — Medium and Large 1$ per cwt · actual wt
9	—	762	197.50	197.50
27	—	715	195.75–211.50	204.53
39	—	470	225.00–248.00	242.06
32	—	540	220.00–238.00	235.87
36	—	678	198.00–216.25	207.37
142	—	626	200.50–228.50	220.06
153	—	578	220.00–242.00	234.89
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
3	—	708	187.00	187.00
8	—	578	211.00	211.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
6	—	538	210.00	210.00
6	—	592	210.00	210.00
Steers — Medium and Large 1-2$ per cwt · actual wt
4	—	549	220.00	220.00
10	—	471	271.00	271.00
Steers — Medium and Large 1$ per cwt · actual wt
130	—	566	261.00–286.50	275.74
132	—	670	236.00–257.50	242.37
31	—	532	264.00–283.00	275.46
128	—	715	219.00–245.50	239.19
5	—	422	315.00	315.00
23	—	466	300.00–318.00	314.93
179	—	628	249.50–272.25	265.89
54	—	958	219.00	219.00
53	—	813	210.50–219.00	214.49
58	—	791	215.50–222.50	216.81
68	—	865	207.00–229.50	228.48
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
6	—	543	246.00	246.00
12	—	635	216.00–226.00	219.27

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