Sale reports / Iowa / Lamoni Livestock Auction / 2024-09-19

Lamoni Livestock Auction

Feeder Cattle · Lamoni, Iowa · Thu, Sep 19
● Final26 lots reportedUSDA AMS · slug 2158
Receipts
1,140 head
1,199 vs last sale 2,339 590 vs year ago 1,730 · 34.1%
View

Reporter comment USDA

As filed

Compared to the auction 2 weeks ago, no test on lighter weight steer calves, eight weight steers were 8.00 - 10.00 higher. Heifers weighing 800 - 900 lbs were fully steady to 2.00 lower. Available today were many load lots of quality yearling steers and heifers coming off grass. Demand was very good for today's moderate supply. Trade was active.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $285.16/cwt on 18 head. That ranks 1 of 13 comparable sales and sits 203.47 against this barn's trailing median of $488.63.
Average price
$285.16
18 head · 546 lb average
Value per head Derived
$1,558
Price × average weight ÷ 100
Grade differential Derived
single grade reported
vs the market
9.96
vs IA average
+18.52 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1546285.161,55818thin
Only one grade was reported at this weight, so there is no spread to compute.

This barn's trailing prices 500–600 lb

13 sales
523482442401median 488.6301/0802/1204/0905/1407/30
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 sale18 hd
285.16
IA average4 barns · 905 hd
295.12
−9.96
National average174 barns · 10,991 hd
266.64
+18.52
This barn, trailing median13 sales
488.63
−203.47
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

26 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.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
BullsMedium and Large 1400–450428311.00/cwt311.00–311.001,3316
BullsMedium and Large 1500–550510284.71/cwt284.00–286.001,45211
BullsMedium and Large 1Natural700–750715227.00/cwt227.00–227.001,6233
BullsMedium and Large 1Natural350–400399262.00/cwt262.00–262.001,0454
BullsMedium and Large 1Natural550–600552243.00/cwt243.00–243.001,3415
BullsMedium and Large 1Natural400–450429271.00/cwt271.00–271.001,1636
SteersMedium and Large 1600–650619267.00/cwt267.00–267.001,65320
SteersMedium and Large 1700–750720262.54/cwt262.25–264.001,89036
HeifersMedium and Large 1400–450404289.00/cwt289.00–289.001,16810
HeifersMedium and Large 1700–750709241.50/cwt241.50–241.501,71211
SteersMedium and Large 1900–950932228.00/cwt228.00–228.002,1253
SteersMedium and Large 1800–850836233.00/cwt233.00–233.001,9484
SteersMedium and Large 1650–700686267.31/cwt266.00–268.001,83414
SteersMedium and Large 1500–550545284.99/cwt283.00–286.001,55315
HeifersMedium and Large 1550–600559256.50/cwt256.50–256.501,4346
HeifersMedium and Large 1450–500466291.00/cwt291.00–291.001,3567
SteersMedium and Large 1950–1000955238.00/cwt238.00–238.002,273168
SteersMedium and Large 1550–600553286.00/cwt286.00–286.001,5823
HeifersMedium and Large 1Spayed900–950932222.05/cwt221.75–222.502,070287
HeifersMedium and Large 1Unweaned400–450424264.00/cwt264.00–264.001,1195
HeifersMedium and Large 1600–650643257.00/cwt257.00–257.001,6539
HeifersMedium and Large 1Spayed800–850831226.50/cwt226.50–226.501,88265
SteersMedium and Large 1850–900857248.37/cwt247.75–249.002,129254
SteersMedium and Large 1750–800764256.00/cwt256.00–256.001,95611
BullsMedium and Large 1Natural600–650646230.50/cwt230.50–230.501,48910
HeifersMedium and Large 1850–900850225.00/cwt225.00–225.001,9133

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.