Name: Lamoni Livestock Auction livestock auction prices — 2024-06-13
Creator: RaisedBeef
Published: 2024-06-13

Reporter comment USDA

As filed

Compared to the sale two weeks ago, steers sold mostly 5.00 to 18.00 lower. Heifers sold sharply lower. Supply was moderate today and included several load lots of yearling cattle. Demand was moderate.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $316.32/cwt on 86 head. That ranks 1 of 13 comparable sales and sits −172.30 against this barn's trailing median of $488.63.

Average price

$316.32

86 head · 573 lb average

Value per head Derived

$1,811

Price × average weight ÷ 100

Grade differential Derived

$285

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

$42.01/cwt at this weight

vs the market

−10.85

vs IA average

+16.90 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	578	321.14	1,857	71
Large 1	526	310.00	1,631	7thin
Medium and Large 1-2	563	279.13	1,572	8thin

One grade step is worth $42.01/cwt here — about $285 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 sale86 hd

316.32

—

IA average2 barns · 188 hd

327.17

−10.85

National average149 barns · 7,793 hd

299.42

+16.90

This barn, trailing median13 sales

488.63

−172.30

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
Heifers	Large 1	500–550	528	277.00/cwt	277.00–277.00	1,463	5
Steers	Large 1	600–650	601	288.00/cwt	288.00–288.00	1,731	9
Steers	Large 1	500–550	526	310.00/cwt	310.00–310.00	1,631	7
Heifers	Medium and Large 1Fleshy	700–750	708	230.00/cwt	230.00–230.00	1,628	3
Heifers	Medium and Large 1	600–650	611	253.00/cwt	253.00–253.00	1,546	4
Heifers	Medium and Large 1	650–700	657	254.66/cwt	254.00–256.00	1,673	9
Steers	Medium and Large 1	800–850	827	265.50/cwt	265.50–265.50	2,196	183
Heifers	Medium and Large 1	550–600	576	265.91/cwt	260.00–275.50	1,532	44
Steers	Medium and Large 1Unweaned	550–600	577	325.43/cwt	325.00–325.50	1,878	43
Steers	Medium and Large 1	450–500	477	363.00/cwt	363.00–363.00	1,732	18
Steers	Medium and Large 1Unweaned	450–500	479	357.50/cwt	357.50–357.50	1,712	12
Steers	Medium and Large 1	550–600	580	314.55/cwt	308.00–319.50	1,824	28
Heifers	Medium and Large 1Unweaned	450–500	478	300.00/cwt	300.00–300.00	1,434	4
Heifers	Medium and Large 1Unweaned	350–400	399	300.00/cwt	300.00–300.00	1,197	6
Steers	Medium and Large 1	650–700	674	283.85/cwt	282.00–286.50	1,913	11
Steers	Medium and Large 1	850–900	878	249.67/cwt	245.75–255.25	2,192	184
Heifers	Medium and Large 1Thin Fleshed	550–600	553	289.50/cwt	289.50–289.50	1,601	14
Heifers	Medium and Large 1	700–750	730	245.68/cwt	235.00–247.50	1,793	89
Heifers	Medium and Large 1Unweaned	500–550	529	286.00/cwt	286.00–286.00	1,513	9
Steers	Medium and Large 1Unweaned	600–650	626	296.38/cwt	288.50–301.00	1,855	9
Steers	Medium and Large 1	900–950	922	245.46/cwt	234.00–248.75	2,263	187
Steers	Medium and Large 1	600–650	622	292.67/cwt	291.00–294.00	1,820	11
Steers	Medium and Large 1	700–750	740	270.37/cwt	265.00–276.00	2,001	26
Steers	Medium and Large 1-2	500–550	512	291.00/cwt	291.00–291.00	1,490	3
Heifers	Medium and Large 1-2	450–500	492	290.00/cwt	290.00–290.00	1,427	11
Steers	Medium and Large 1-2	400–450	418	320.00/cwt	320.00–320.00	1,338	4
Steers	Medium and Large 1-2	550–600	594	272.00/cwt	272.00–272.00	1,616	5
Heifers	Medium and Large 1	450–500	454	316.63/cwt	316.00–317.50	1,438	12
Heifers	Medium and Large 1	500–550	522	300.30/cwt	290.00–311.00	1,568	33
Heifers	Medium and Large 1Unweaned	550–600	577	240.00/cwt	240.00–240.00	1,385	3
Steers	Medium and Large 1-2	700–750	731	254.00/cwt	254.00–254.00	1,857	5
Steers	Medium and Large 1-2	600–650	646	270.00/cwt	270.00–270.00	1,744	7
Steers	Medium and Large 1-2	450–500	487	336.84/cwt	332.50–341.00	1,640	15

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 Jun 13, 2024

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

Receipts 1,228Last week 1,762Year ago 1,736

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Large 1$ per cwt · actual wt
5	500–550	528	277.00	277.00
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
3	700–750	708	230.00	230.00
Heifers — Medium and Large 1$ per cwt · actual wt
12	450–500	454	316.00–317.50	316.63
33	500–550	522	290.00–311.00	300.30
44	550–600	576	260.00–275.50	265.91
4	600–650	611	253.00	253.00
9	650–700	657	254.00–256.00	254.66
89	700–750	730	235.00–247.50	245.68
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
6	350–400	399	300.00	300.00
4	450–500	478	300.00	300.00
9	500–550	529	286.00	286.00
3	550–600	577	240.00	240.00
Heifers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
14	550–600	553	289.50	289.50
Heifers — Medium and Large 1-2$ per cwt · actual wt
11	450–500	492	290.00	290.00
Steers — Large 1$ per cwt · actual wt
7	500–550	526	310.00	310.00
9	600–650	601	288.00	288.00
Steers — Medium and Large 1$ per cwt · actual wt
18	450–500	477	363.00	363.00
28	550–600	580	308.00–319.50	314.55
11	600–650	622	291.00–294.00	292.67
11	650–700	674	282.00–286.50	283.85
26	700–750	740	265.00–276.00	270.37
183	800–850	827	265.50	265.50
184	850–900	878	245.75–255.25	249.67
187	900–950	922	234.00–248.75	245.46
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
12	450–500	479	357.50	357.50
43	550–600	577	325.00–325.50	325.43
9	600–650	626	288.50–301.00	296.38
Steers — Medium and Large 1-2$ per cwt · actual wt
4	400–450	418	320.00	320.00
15	450–500	487	332.50–341.00	336.84
3	500–550	512	291.00	291.00
5	550–600	594	272.00	272.00
7	600–650	646	270.00	270.00
5	700–750	731	254.00	254.00

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