Name: Lamoni Livestock Auction livestock auction prices — 2024-10-03
Creator: RaisedBeef
Published: 2024-10-03

Reporter comment USDA

As filed

Compared to the auction 2 weeks ago, 600 - 700 lb steers were 5.00 to 10.00 higher, 800 - 900 lb yearling cattle were fully steady. Today's heifer trade saw 700 -800 lb cattle 6.00 to 9.00 higher. No comparison today on light weight new crop calves due to small offering 2 weeks ago. Available today were load lots of quality, reputation yearling cattle coming off grass. Also a few smaller packages of new crop calves, double vaccinated and off the cow. Demand for today's moderate supply was very good.

Weight class

Heifers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb heifers averaged $253.00/cwt on 53 head. That ranks 1 of 13 comparable sales and sits −172.62 against this barn's trailing median of $425.62.

Average price

$253.00

53 head · 554 lb average

Value per head Derived

$1,401

Price × average weight ÷ 100

Grade differential Derived

$129

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

$21.22/cwt at this weight

vs the market

−13.12

vs IA average

+6.22 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	555	257.81	1,431	41
Medium and Large 1-2	550	236.59	1,302	12thin

One grade step is worth $21.22/cwt here — about $129 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

Heifers 500–600 lb: high $465.23, low $375.84, median $425.62 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 sale53 hd

253.00

—

IA average5 barns · 475 hd

266.12

−13.12

National average172 barns · 12,740 hd

246.78

+6.22

This barn, trailing median13 sales

425.62

−172.62

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

39 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	Medium and Large 1Fancy	600–650	602	245.00/cwt	245.00–245.00	1,475	26
Heifers	Medium and Large 1-2	600–650	615	246.62/cwt	240.00–251.00	1,517	28
Heifers	Medium and Large 1-2	550–600	570	226.00/cwt	226.00–226.00	1,288	5
Heifers	Medium and Large 1-2	500–550	536	244.15/cwt	243.00–245.00	1,309	7
Heifers	Medium and Large 1	850–900	865	223.75/cwt	223.75–223.75	1,935	24
Heifers	Medium and Large 1	650–700	666	261.99/cwt	250.25–265.25	1,745	64
Steers	Medium and Large 1-2	600–650	642	246.24/cwt	239.00–252.00	1,581	9
Steers	Medium and Large 1-2	550–600	593	255.00/cwt	255.00–255.00	1,512	5
Steers	Medium and Large 1	750–800	776	247.85/cwt	235.50–258.75	1,923	73
Steers	Medium and Large 1-2	450–500	480	276.00/cwt	276.00–276.00	1,325	16
Steers	Medium and Large 1	700–750	742	270.14/cwt	264.00–274.00	2,004	62
Steers	Medium and Large 1	550–600	594	279.01/cwt	272.00–283.00	1,657	11
Steers	Medium and Large 1	400–450	424	299.89/cwt	292.50–312.50	1,272	11
Steers	Medium and Large 1	650–700	660	257.00/cwt	257.00–257.00	1,696	5
Steers	Medium and Large 1	350–400	396	345.00/cwt	345.00–345.00	1,366	6
Steers	Medium and Large 1Fancy	600–650	604	283.23/cwt	278.00–288.25	1,711	35
Steers	Medium and Large 1Fancy	450–500	488	320.00/cwt	320.00–320.00	1,562	13
Steers	Medium and Large 1Fleshy	550–600	553	255.00/cwt	255.00–255.00	1,410	6
Steers	Medium and Large 1	500–550	517	288.53/cwt	283.00–295.00	1,492	9
Steers	Medium and Large 1	800–850	841	246.50/cwt	246.50–246.50	2,073	5
Steers	Medium and Large 1	1100–1150	1,108	200.00/cwt	200.00–200.00	2,216	4
Heifers	Medium and Large 1	500–550	518	267.96/cwt	257.00–276.50	1,388	14
Heifers	Medium and Large 1Spayed	750–800	782	236.50/cwt	236.50–236.50	1,849	33
Heifers	Medium and Large 1	550–600	574	252.54/cwt	239.00–257.00	1,450	27
Steers	Medium and Large 1	450–500	490	300.13/cwt	286.00–314.75	1,471	12
Steers	Medium and Large 1	600–650	612	294.84/cwt	294.75–295.00	1,804	37
Steers	Medium and Large 1-2	500–550	514	284.00/cwt	284.00–284.00	1,460	4
Heifers	Medium and Large 1	750–800	773	241.24/cwt	236.50–246.25	1,865	70
Heifers	Medium and Large 1	700–750	733	239.17/cwt	237.00–252.00	1,753	100
Heifers	Medium and Large 1	400–450	437	263.24/cwt	260.00–270.00	1,150	19
Steers	Medium and Large 1	950–1000	955	230.00/cwt	230.00–230.00	2,197	42
Steers	Medium and Large 1	900–950	935	233.00/cwt	233.00–233.00	2,179	52
Steers	Medium and Large 1	850–900	881	248.25/cwt	248.25–248.25	2,187	61
Heifers	Medium and Large 1	600–650	627	278.00/cwt	278.00–278.00	1,743	45
Heifers	Medium and Large 1	300–350	320	311.00/cwt	311.00–311.00	995	4
Heifers	Medium and Large 1	350–400	372	281.00/cwt	281.00–281.00	1,045	5
Heifers	Medium and Large 1	450–500	486	254.46/cwt	249.00–275.00	1,237	40
Steers	Medium and Large 1Fancy	550–600	569	292.00/cwt	292.00–292.00	1,661	10
Steers	Medium and Large 1Fancy	700–750	745	242.00/cwt	242.00–242.00	1,803	14

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 Oct 3, 2024

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

Receipts 1,225Last week 1,140Year ago 1,895

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Fancy$ per cwt · actual wt
26	600–650	602	245.00	245.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
7	500–550	536	243.00–245.00	244.15
5	550–600	570	226.00	226.00
28	600–650	615	240.00–251.00	246.62
Heifers — Medium and Large 1$ per cwt · actual wt
4	300–350	320	311.00	311.00
5	350–400	372	281.00	281.00
19	400–450	437	260.00–270.00	263.24
40	450–500	486	249.00–275.00	254.46
14	500–550	518	257.00–276.50	267.96
27	550–600	574	239.00–257.00	252.54
45	600–650	627	278.00	278.00
64	650–700	666	250.25–265.25	261.99
100	700–750	733	237.00–252.00	239.17
70	750–800	773	236.50–246.25	241.24
24	850–900	865	223.75	223.75
Heifers — Medium and Large 1 · Spayed$ per cwt · actual wt
33	750–800	782	236.50	236.50
Steers — Medium and Large 1-2$ per cwt · actual wt
16	450–500	480	276.00	276.00
4	500–550	514	284.00	284.00
5	550–600	593	255.00	255.00
9	600–650	642	239.00–252.00	246.24
Steers — Medium and Large 1$ per cwt · actual wt
6	350–400	396	345.00	345.00
11	400–450	424	292.50–312.50	299.89
12	450–500	490	286.00–314.75	300.13
9	500–550	517	283.00–295.00	288.53
11	550–600	594	272.00–283.00	279.01
37	600–650	612	294.75–295.00	294.84
5	650–700	660	257.00	257.00
62	700–750	742	264.00–274.00	270.14
73	750–800	776	235.50–258.75	247.85
5	800–850	841	246.50	246.50
61	850–900	881	248.25	248.25
52	900–950	935	233.00	233.00
42	950–1000	955	230.00	230.00
4	1100–1150	1,108	200.00	200.00
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
13	450–500	488	320.00	320.00
10	550–600	569	292.00	292.00
35	600–650	604	278.00–288.25	283.23
14	700–750	745	242.00	242.00
Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt
6	550–600	553	255.00	255.00

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