Name: Lamoni Livestock Auction livestock auction prices — 2024-02-01
Creator: RaisedBeef
Published: 2024-02-01

Reporter comment USDA

As filed

Compared to a week ago, steers 600 to 650 lbs. sold 5.00 lower, while 650 to 750 lb. steers sold 6.00 to 10.00 higher. Steers 750 lbs. and heavier sold with a higher undertone compared to last weeks light test. Heifers sold sharply higher on last weeks light test. Demand was very good. Supply was heavy.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $261.66/cwt on 2,126 head.

Average price

$261.66

2,126 head · 705 lb average

Value per head Derived

$1,845

Price × average weight ÷ 100

Grade differential Derived

−$622

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

$70.28/cwt at this weight

vs the market

+2.97

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	545	265.28	1,445	109
Medium and Large 1	711	261.90	1,863	2,004
Large 1	1,060	195.00	2,067	13thin

One grade step is worth $70.28/cwt here — about −$622 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 sale2,126 hd

261.66

—

IA average10 barns · 10,772 hd

258.69

+2.97

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

55 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	—	376	317.50/cwt	317.50–317.50	1,194	5
Steers	Large 1	—	1,060	195.00/cwt	195.00–195.00	2,067	13
Steers	Medium and Large 1	—	770	245.17/cwt	231.00–250.00	1,888	257
Steers	Medium and Large 1-2	—	487	301.00/cwt	301.00–301.00	1,466	5
Steers	Medium and Large 1	—	478	319.94/cwt	304.00–335.00	1,529	38
Steers	Medium and Large 1	—	920	211.27/cwt	209.00–213.00	1,944	7
Steers	Medium and Large 1-2	—	845	200.00/cwt	200.00–200.00	1,690	3
Steers	Medium and Large 1	—	447	349.32/cwt	338.00–355.00	1,561	21
Steers	Medium and Large 1	—	811	233.33/cwt	210.00–240.00	1,892	151
Steers	Medium and Large 1-2	—	574	267.00/cwt	267.00–267.00	1,533	4
Steers	Medium and Large 1-2	—	536	271.45/cwt	230.00–279.00	1,455	19
Steers	Medium and Large 1	—	993	196.50/cwt	196.50–196.50	1,951	4
Steers	Medium and Large 1Unweaned	—	629	234.00/cwt	234.00–234.00	1,472	5
Steers	Medium and Large 1	—	537	312.81/cwt	292.00–318.00	1,680	108
Steers	Medium and Large 1Unweaned	—	537	290.00/cwt	290.00–290.00	1,557	6
Steers	Medium and Large 1-2Unweaned	—	514	265.92/cwt	265.00–273.00	1,367	46
Steers	Medium and Large 1-2	—	430	293.66/cwt	287.50–300.00	1,263	8
Steers	Medium and Large 1-2Unweaned	—	658	236.00/cwt	236.00–236.00	1,553	15
Steers	Medium and Large 1Unweaned	—	716	232.00/cwt	232.00–232.00	1,661	8
Steers	Medium and Large 1-2	—	770	219.00/cwt	219.00–219.00	1,686	4
Steers	Medium and Large 1Unweaned	—	563	259.00/cwt	259.00–259.00	1,458	16
Heifers	Medium and Large 1Unweaned	—	617	214.00/cwt	214.00–214.00	1,320	13
Heifers	Medium and Large 1	—	850	204.00/cwt	204.00–204.00	1,734	5
Heifers	Medium and Large 1	—	355	262.50/cwt	262.50–262.50	932	3
Heifers	Medium and Large 1Fancy	—	500	282.25/cwt	282.25–282.25	1,411	31
Bulls	Medium and Large 1	—	482	281.00/cwt	281.00–281.00	1,354	8
Bulls	Medium and Large 1	—	760	180.00/cwt	180.00–180.00	1,368	3
Heifers	Medium and Large 1	—	462	263.60/cwt	249.00–277.00	1,218	33
Heifers	Medium and Large 1	—	923	182.00/cwt	182.00–182.00	1,680	6
Heifers	Medium and Large 1	—	578	259.74/cwt	239.00–268.75	1,501	199
Heifers	Medium and Large 1	—	524	260.97/cwt	250.00–267.75	1,367	97
Heifers	Medium and Large 1-2	—	424	228.00/cwt	228.00–228.00	967	9
Heifers	Medium and Large 1	—	614	245.91/cwt	228.00–258.75	1,510	197
Heifers	Medium and Large 1	—	678	238.09/cwt	215.00–246.00	1,614	186
Heifers	Medium and Large 1	—	430	280.01/cwt	270.00–288.00	1,204	48
Heifers	Medium and Large 1-2	—	490	220.76/cwt	200.00–243.00	1,082	28
Heifers	Medium and Large 1-2	—	678	210.00/cwt	210.00–210.00	1,424	4
Heifers	Medium and Large 1-2	—	521	235.00/cwt	235.00–235.00	1,224	16
Heifers	Medium and Large 1-2	—	573	220.48/cwt	220.00–221.00	1,263	6
Heifers	Medium and Large 1Unweaned	—	676	202.00/cwt	202.00–202.00	1,366	8
Heifers	Medium and Large 1-2Unweaned	—	493	230.00/cwt	230.00–230.00	1,134	4
Heifers	Medium and Large 1	—	781	212.58/cwt	200.00–215.00	1,660	18
Heifers	Medium and Large 1-2	—	645	220.00/cwt	220.00–220.00	1,419	7
Steers	Medium and Large 1Unweaned	—	467	269.00/cwt	269.00–269.00	1,256	3
Heifers	Medium and Large 1	—	725	226.06/cwt	213.50–234.75	1,639	269
Heifers	Medium and Large 1Unweaned	—	437	250.00/cwt	250.00–250.00	1,093	5
Heifers	Medium and Large 1Unweaned	—	581	223.87/cwt	219.00–228.00	1,301	9
Heifers	Medium and Large 1Unweaned	—	476	249.56/cwt	248.00–252.00	1,188	10
Heifers	Medium and Large 1Unweaned	—	740	190.00/cwt	190.00–190.00	1,406	3
Steers	Medium and Large 1	—	577	298.83/cwt	284.00–310.00	1,724	122
Heifers	Medium and Large 1Unweaned	—	532	234.81/cwt	234.00–235.00	1,249	15
Steers	Medium and Large 1	—	867	231.48/cwt	208.00–236.00	2,007	380
Steers	Medium and Large 1	—	674	266.42/cwt	250.00–274.50	1,796	181
Steers	Medium and Large 1	—	618	287.35/cwt	266.00–292.50	1,776	364
Steers	Medium and Large 1	—	721	252.56/cwt	238.00–258.00	1,821	333

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 Feb 1, 2024

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

Receipts 3,613Last week 1,289Year ago 3,462

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
5	—	376	317.50	317.50
5	—	487	301.00	301.00
3	—	845	200.00	200.00
4	—	574	267.00	267.00
19	—	536	230.00–279.00	271.45
8	—	430	287.50–300.00	293.66
4	—	770	219.00	219.00
Steers — Large 1$ per cwt · actual wt
13	—	1,060	195.00	195.00
Steers — Medium and Large 1$ per cwt · actual wt
257	—	770	231.00–250.00	245.17
38	—	478	304.00–335.00	319.94
7	—	920	209.00–213.00	211.27
21	—	447	338.00–355.00	349.32
151	—	811	210.00–240.00	233.33
4	—	993	196.50	196.50
108	—	537	292.00–318.00	312.81
122	—	577	284.00–310.00	298.83
380	—	867	208.00–236.00	231.48
181	—	674	250.00–274.50	266.42
364	—	618	266.00–292.50	287.35
333	—	721	238.00–258.00	252.56
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
5	—	629	234.00	234.00
6	—	537	290.00	290.00
8	—	716	232.00	232.00
16	—	563	259.00	259.00
3	—	467	269.00	269.00
Steers — Medium and Large 1-2 · Unweaned$ per cwt · actual wt
46	—	514	265.00–273.00	265.92
15	—	658	236.00	236.00
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
13	—	617	214.00	214.00
8	—	676	202.00	202.00
5	—	437	250.00	250.00
9	—	581	219.00–228.00	223.87
10	—	476	248.00–252.00	249.56
3	—	740	190.00	190.00
15	—	532	234.00–235.00	234.81
Heifers — Medium and Large 1$ per cwt · actual wt
5	—	850	204.00	204.00
3	—	355	262.50	262.50
33	—	462	249.00–277.00	263.60
6	—	923	182.00	182.00
199	—	578	239.00–268.75	259.74
97	—	524	250.00–267.75	260.97
197	—	614	228.00–258.75	245.91
186	—	678	215.00–246.00	238.09
48	—	430	270.00–288.00	280.01
18	—	781	200.00–215.00	212.58
269	—	725	213.50–234.75	226.06
Heifers — Medium and Large 1 · Fancy$ per cwt · actual wt
31	—	500	282.25	282.25
Heifers — Medium and Large 1-2$ per cwt · actual wt
9	—	424	228.00	228.00
28	—	490	200.00–243.00	220.76
4	—	678	210.00	210.00
16	—	521	235.00	235.00
6	—	573	220.00–221.00	220.48
7	—	645	220.00	220.00
Heifers — Medium and Large 1-2 · Unweaned$ per cwt · actual wt
4	—	493	230.00	230.00
Bulls — Medium and Large 1$ per cwt · actual wt
8	—	482	281.00	281.00
3	—	760	180.00	180.00

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