Name: Lamoni Livestock Auction livestock auction prices — 2024-03-21
Creator: RaisedBeef
Published: 2024-03-21

Reporter comment USDA

As filed

Last reported sales was three weeks ago a market trend is not applicable. However, a sharply higher undertone was noted. Demand was very good. Large crowd of buyers on hand Thursday and they bid readily from start to finish. With spring planting just around the corner farmer/feeders were in town buying cattle to go to the feedlot or for summer grass. Bulk of the sale was weaned calves with some fresh fall calves in the run coming from southern Iowa and northern Missouri. Majority of the cattle carried a "green tag" showing they had precondition shots from veterinarians and cattle displayed light to medium flesh.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $330.90/cwt on 359 head. That ranks 1 of 13 comparable sales and sits −157.73 against this barn's trailing median of $488.63.

Average price

$330.90

359 head · 557 lb average

Value per head Derived

$1,842

Price × average weight ÷ 100

Grade differential Derived

$202

per head · Medium and Large 1 over Large 1

$46.61/cwt at this weight

vs the market

−0.38

vs IA average

+12.61 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	551	338.61	1,867	282
Medium and Large 1-2	579	308.41	1,786	50
Large 1	570	292.00	1,664	27

One grade step is worth $46.61/cwt here — about $202 a head. Across this sale the premium is widest at 500–600 lb. USDA reports each grade on its own line and never publishes the spread.

This barn's trailing prices 500–600 lb

13 sales

Steers 500–600 lb: high $509.23, low $414.77, median $488.63 across 13 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

How it compared 500–600 lb

Same class and week · spot auction only

This sale359 hd

330.90

—

IA average6 barns · 1,289 hd

331.27

−0.38

National average173 barns · 12,551 hd

318.29

+12.61

This barn, trailing median13 sales

488.63

−157.73

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

63 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 1Unweaned	650–700	651	251.00/cwt	251.00–251.00	1,634	16
Heifers	Medium and Large 1Unweaned	300–350	335	345.91/cwt	335.00–352.50	1,159	21
Steers	Medium and Large 1Unweaned	450–500	478	333.00/cwt	333.00–333.00	1,592	5
Steers	Medium and Large 1Unweaned	400–450	443	359.71/cwt	310.00–370.00	1,594	34
Heifers	Medium and Large 1-2Thin Fleshed	550–600	584	277.50/cwt	277.50–277.50	1,621	14
Heifers	Medium and Large 1Unweaned	550–600	570	252.00/cwt	252.00–252.00	1,436	17
Heifers	Medium and Large 1	400–450	430	339.43/cwt	337.00–340.00	1,460	48
Heifers	Medium and Large 1	700–750	729	250.61/cwt	244.00–254.00	1,827	285
Heifers	Medium and Large 1Unweaned	350–400	373	372.50/cwt	372.50–372.50	1,389	16
Heifers	Medium and Large 1Thin Fleshed	600–650	615	291.02/cwt	290.00–293.00	1,790	15
Steers	Medium and Large 1	650–700	681	299.68/cwt	290.00–319.00	2,041	151
Heifers	Medium and Large 1	800–850	818	226.05/cwt	225.00–229.50	1,849	21
Steers	Medium and Large 1	800–850	832	251.17/cwt	247.50–253.50	2,090	170
Steers	Medium and Large 1Unweaned	350–400	380	403.99/cwt	365.00–425.00	1,535	30
Heifers	Medium and Large 1	600–650	628	271.31/cwt	261.50–281.00	1,704	186
Heifers	Medium and Large 1	750–800	751	251.75/cwt	251.75–251.75	1,891	68
Heifers	Medium and Large 1	450–500	459	329.26/cwt	322.00–337.00	1,511	57
Steers	Medium and Large 1	500–550	527	349.50/cwt	342.50–364.50	1,842	117
Steers	Medium and Large 1	350–400	365	395.00/cwt	395.00–395.00	1,442	5
Heifers	Medium and Large 1	550–600	586	287.83/cwt	278.00–296.00	1,687	159
Steers	Medium and Large 1	750–800	776	269.17/cwt	261.50–272.50	2,089	85
Steers	Medium and Large 1	550–600	572	331.91/cwt	324.00–345.00	1,899	146
Steers	Medium and Large 1	700–750	723	285.12/cwt	280.50–287.50	2,061	95
Heifers	Medium and Large 1	500–550	516	313.50/cwt	300.00–327.00	1,618	116
Steers	Medium and Large 1	400–450	433	403.42/cwt	400.00–412.00	1,747	58
Heifers	Medium and Large 1Fleshy	800–850	806	224.00/cwt	224.00–224.00	1,805	5
Steers	Medium and Large 1Fancy	400–450	409	445.00/cwt	445.00–445.00	1,820	10
Steers	Large 1	700–750	724	247.00/cwt	247.00–247.00	1,788	5
Steers	Large 1	550–600	570	292.00/cwt	292.00–292.00	1,664	27
Steers	Large 1	600–650	647	274.00/cwt	274.00–274.00	1,773	9
Heifers	Large 1	550–600	566	284.50/cwt	284.50–284.50	1,610	20
Heifers	Medium and Large 1-2	300–350	318	320.00/cwt	320.00–320.00	1,018	5
Heifers	Medium and Large 1-2Unweaned	350–400	388	331.11/cwt	327.00–335.00	1,285	6
Heifers	Medium and Large 1	650–700	681	252.63/cwt	250.00–254.00	1,720	35
Bulls	Medium and Large 1	750–800	769	235.00/cwt	235.00–235.00	1,807	10
Bulls	Medium and Large 1	450–500	464	330.00/cwt	330.00–330.00	1,531	4
Heifers	Medium and Large 1Fleshy	600–650	601	262.33/cwt	260.00–265.00	1,577	15
Steers	Medium and Large 1-2Unweaned	250–300	297	430.00/cwt	430.00–430.00	1,277	8
Heifers	Medium and Large 1-2	750–800	770	235.88/cwt	232.00–240.00	1,816	32
Heifers	Medium and Large 1-2	650–700	692	242.36/cwt	241.00–244.00	1,677	17
Heifers	Medium and Large 1-2	400–450	421	317.00/cwt	317.00–317.00	1,335	5
Steers	Medium and Large 1-2	550–600	585	303.81/cwt	300.00–306.50	1,777	23
Steers	Medium and Large 1-2	650–700	690	292.16/cwt	284.00–295.00	2,016	19
Steers	Medium and Large 1Unweaned	300–350	319	422.05/cwt	400.00–440.00	1,346	12
Steers	Medium and Large 1-2Thin Fleshed	550–600	596	303.00/cwt	303.00–303.00	1,806	18
Steers	Medium and Large 1-2	700–750	739	272.80/cwt	270.50–276.00	2,016	100
Heifers	Medium and Large 1-2	450–500	481	303.12/cwt	290.00–316.00	1,458	36
Heifers	Medium and Large 1-2	550–600	581	254.02/cwt	245.00–269.00	1,476	27
Steers	Medium and Large 1-2	400–450	436	337.62/cwt	320.00–355.00	1,472	10
Heifers	Medium and Large 1Unweaned	450–500	477	312.17/cwt	291.00–320.00	1,489	26
Steers	Medium and Large 1-2	900–950	942	211.50/cwt	211.50–211.50	1,992	9
Steers	Medium and Large 1-2	500–550	531	331.00/cwt	331.00–331.00	1,758	9
Heifers	Medium and Large 1-2	600–650	646	243.00/cwt	243.00–243.00	1,570	8
Steers	Medium and Large 1-2	850–900	886	240.00/cwt	240.00–240.00	2,126	28
Steers	Medium and Large 1-2	750–800	798	251.24/cwt	248.00–253.00	2,005	17
Steers	Medium and Large 1Unweaned	500–550	541	322.97/cwt	317.00–325.00	1,747	19
Steers	Medium and Large 1	900–950	948	235.00/cwt	235.00–235.00	2,228	29
Steers	Medium and Large 1	850–900	867	248.86/cwt	246.00–250.50	2,158	316
Heifers	Medium and Large 1-2	700–750	704	237.00/cwt	237.00–237.00	1,668	7
Steers	Medium and Large 1	600–650	622	315.49/cwt	302.50–327.00	1,962	134
Steers	Medium and Large 1	450–500	488	334.95/cwt	247.00–357.00	1,635	81
Heifers	Medium and Large 1Unweaned	400–450	418	325.73/cwt	317.50–337.00	1,362	21
Heifers	Medium and Large 1Unweaned	250–300	290	340.00/cwt	340.00–340.00	986	5

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 Mar 21, 2024

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

Receipts 3,554Last week 2,869Year ago 1,939

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
12	300–350	319	400.00–440.00	422.05
30	350–400	380	365.00–425.00	403.99
34	400–450	443	310.00–370.00	359.71
5	450–500	478	333.00	333.00
19	500–550	541	317.00–325.00	322.97
16	650–700	651	251.00	251.00
Steers — Medium and Large 1$ per cwt · actual wt
5	350–400	365	395.00	395.00
58	400–450	433	400.00–412.00	403.42
81	450–500	488	247.00–357.00	334.95
117	500–550	527	342.50–364.50	349.50
146	550–600	572	324.00–345.00	331.91
134	600–650	622	302.50–327.00	315.49
151	650–700	681	290.00–319.00	299.68
95	700–750	723	280.50–287.50	285.12
85	750–800	776	261.50–272.50	269.17
170	800–850	832	247.50–253.50	251.17
316	850–900	867	246.00–250.50	248.86
29	900–950	948	235.00	235.00
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
10	400–450	409	445.00	445.00
Steers — Large 1$ per cwt · actual wt
27	550–600	570	292.00	292.00
9	600–650	647	274.00	274.00
5	700–750	724	247.00	247.00
Steers — Medium and Large 1-2 · Unweaned$ per cwt · actual wt
8	250–300	297	430.00	430.00
Steers — Medium and Large 1-2$ per cwt · actual wt
10	400–450	436	320.00–355.00	337.62
9	500–550	531	331.00	331.00
23	550–600	585	300.00–306.50	303.81
19	650–700	690	284.00–295.00	292.16
100	700–750	739	270.50–276.00	272.80
17	750–800	798	248.00–253.00	251.24
28	850–900	886	240.00	240.00
9	900–950	942	211.50	211.50
Steers — Medium and Large 1-2 · Thin Fleshed$ per cwt · actual wt
18	550–600	596	303.00	303.00
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
5	250–300	290	340.00	340.00
21	300–350	335	335.00–352.50	345.91
16	350–400	373	372.50	372.50
21	400–450	418	317.50–337.00	325.73
26	450–500	477	291.00–320.00	312.17
17	550–600	570	252.00	252.00
Heifers — Medium and Large 1-2 · Thin Fleshed$ per cwt · actual wt
14	550–600	584	277.50	277.50
Heifers — Medium and Large 1$ per cwt · actual wt
48	400–450	430	337.00–340.00	339.43
57	450–500	459	322.00–337.00	329.26
116	500–550	516	300.00–327.00	313.50
159	550–600	586	278.00–296.00	287.83
186	600–650	628	261.50–281.00	271.31
35	650–700	681	250.00–254.00	252.63
285	700–750	729	244.00–254.00	250.61
68	750–800	751	251.75	251.75
21	800–850	818	225.00–229.50	226.05
Heifers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
15	600–650	615	290.00–293.00	291.02
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
15	600–650	601	260.00–265.00	262.33
5	800–850	806	224.00	224.00
Heifers — Large 1$ per cwt · actual wt
20	550–600	566	284.50	284.50
Heifers — Medium and Large 1-2$ per cwt · actual wt
5	300–350	318	320.00	320.00
5	400–450	421	317.00	317.00
36	450–500	481	290.00–316.00	303.12
27	550–600	581	245.00–269.00	254.02
8	600–650	646	243.00	243.00
17	650–700	692	241.00–244.00	242.36
7	700–750	704	237.00	237.00
32	750–800	770	232.00–240.00	235.88
Heifers — Medium and Large 1-2 · Unweaned$ per cwt · actual wt
6	350–400	388	327.00–335.00	331.11
Bulls — Medium and Large 1$ per cwt · actual wt
4	450–500	464	330.00	330.00
10	750–800	769	235.00	235.00

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