Name: Lamoni Livestock Auction livestock auction prices — 2024-05-30
Creator: RaisedBeef
Published: 2024-05-30

Reporter comment USDA

As filed

Compared to the sale two weeks ago, steers under 600 lbs. sold 11.00 to 22.00 lower, while steers over 600 lbs. sold steady to 12.00 higher. Heifers under 550 lbs. sold mostly 20.00 higher, while heifers over 550 lbs. sold mostly 2.00 to 5.00 lower. Supply was moderate to heavy today and included a few load lots of yearling cattle. Demand was good.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $338.69/cwt on 251 head. That ranks 1 of 13 comparable sales and sits −149.94 against this barn's trailing median of $488.63.

Average price

$338.69

251 head · 555 lb average

Value per head Derived

$1,881

Price × average weight ÷ 100

Grade differential Derived

$140

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

$37.27/cwt at this weight

vs the market

+0.00

vs IA average

+33.55 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	553	342.40	1,894	226
Medium and Large 1-2	575	305.13	1,754	25

One grade step is worth $37.27/cwt here — about $140 a head. Across this sale the premium is widest at 400–500 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 sale251 hd

338.69

—

IA average1 barns · 251 hd

338.69

+0.00

National average125 barns · 5,668 hd

305.14

+33.55

This barn, trailing median13 sales

488.63

−149.94

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

33 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 1Fancy	450–500	462	409.50/cwt	409.50–409.50	1,892	39
Heifers	Medium and Large 1	350–400	385	361.28/cwt	355.00–367.50	1,391	6
Heifers	Medium and Large 1	750–800	755	249.00/cwt	249.00–249.00	1,880	6
Heifers	Medium and Large 1	700–750	728	254.64/cwt	254.00–256.00	1,854	9
Heifers	Medium and Large 1	300–350	335	362.50/cwt	362.50–362.50	1,214	10
Heifers	Medium and Large 1	650–700	666	267.18/cwt	257.00–277.50	1,779	37
Steers	Medium and Large 1	450–500	479	351.50/cwt	343.00–357.50	1,684	34
Steers	Medium and Large 1	350–400	376	394.00/cwt	394.00–394.00	1,481	5
Steers	Medium and Large 1	500–550	527	341.37/cwt	332.00–350.00	1,799	103
Heifers	Medium and Large 1	450–500	481	329.67/cwt	320.00–334.00	1,586	83
Steers	Medium and Large 1	850–900	881	252.75/cwt	252.75–252.75	2,227	62
Steers	Medium and Large 1	800–850	816	252.50/cwt	252.50–252.50	2,060	7
Steers	Medium and Large 1	700–750	724	288.86/cwt	281.50–290.00	2,091	92
Steers	Medium and Large 1	650–700	683	288.70/cwt	284.00–301.00	1,972	42
Steers	Medium and Large 1	400–450	419	378.94/cwt	365.00–387.50	1,588	44
Steers	Medium and Large 1-2	450–500	464	300.00/cwt	300.00–300.00	1,392	7
Steers	Medium and Large 1-2	700–750	742	256.19/cwt	251.00–260.00	1,901	7
Heifers	Medium and Large 1-2	450–500	473	302.19/cwt	300.00–310.00	1,429	19
Steers	Medium and Large 1Thin Fleshed	550–600	562	363.00/cwt	363.00–363.00	2,040	60
Steers	Medium and Large 1	900–950	908	252.37/cwt	252.00–252.75	2,292	124
Steers	Medium and Large 1	550–600	588	324.47/cwt	309.00–327.50	1,908	63
Heifers	Medium and Large 1-2	500–550	528	291.28/cwt	275.00–307.00	1,538	32
Steers	Medium and Large 1-2	550–600	575	305.13/cwt	279.00–309.50	1,754	25
Steers	Medium and Large 1-2	650–700	658	272.33/cwt	267.00–278.00	1,792	23
Steers	Medium and Large 1	300–350	343	423.00/cwt	423.00–423.00	1,451	12
Steers	Medium and Large 1	600–650	631	312.94/cwt	295.00–319.00	1,975	115
Heifers	Medium and Large 1	550–600	571	289.34/cwt	280.00–309.00	1,652	139
Steers	Medium and Large 1-2	600–650	637	290.00/cwt	290.00–290.00	1,847	16
Heifers	Medium and Large 1-2	550–600	584	276.00/cwt	276.00–276.00	1,612	5
Heifers	Medium and Large 1-2	600–650	640	257.00/cwt	257.00–257.00	1,645	13
Heifers	Medium and Large 1	600–650	617	280.56/cwt	271.00–287.00	1,731	72
Heifers	Medium and Large 1	500–550	519	321.19/cwt	313.00–333.00	1,667	79
Heifers	Medium and Large 1	400–450	433	343.19/cwt	329.00–353.00	1,486	54

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 May 30, 2024

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

Receipts 1,762Last week 3,163Year ago 1,784

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
39	450–500	462	409.50	409.50
Steers — Medium and Large 1$ per cwt · actual wt
12	300–350	343	423.00	423.00
5	350–400	376	394.00	394.00
44	400–450	419	365.00–387.50	378.94
34	450–500	479	343.00–357.50	351.50
103	500–550	527	332.00–350.00	341.37
63	550–600	588	309.00–327.50	324.47
115	600–650	631	295.00–319.00	312.94
42	650–700	683	284.00–301.00	288.70
92	700–750	724	281.50–290.00	288.86
7	800–850	816	252.50	252.50
62	850–900	881	252.75	252.75
124	900–950	908	252.00–252.75	252.37
Steers — Medium and Large 1-2$ per cwt · actual wt
7	450–500	464	300.00	300.00
25	550–600	575	279.00–309.50	305.13
16	600–650	637	290.00	290.00
23	650–700	658	267.00–278.00	272.33
7	700–750	742	251.00–260.00	256.19
Steers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
60	550–600	562	363.00	363.00
Heifers — Medium and Large 1$ per cwt · actual wt
10	300–350	335	362.50	362.50
6	350–400	385	355.00–367.50	361.28
54	400–450	433	329.00–353.00	343.19
83	450–500	481	320.00–334.00	329.67
79	500–550	519	313.00–333.00	321.19
139	550–600	571	280.00–309.00	289.34
72	600–650	617	271.00–287.00	280.56
37	650–700	666	257.00–277.50	267.18
9	700–750	728	254.00–256.00	254.64
6	750–800	755	249.00	249.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
19	450–500	473	300.00–310.00	302.19
32	500–550	528	275.00–307.00	291.28
5	550–600	584	276.00	276.00
13	600–650	640	257.00	257.00

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