Name: Lamoni Livestock Auction livestock auction prices — 2024-10-24
Creator: RaisedBeef
Published: 2024-10-24

Reporter comment USDA

As filed

No trend as the last sale was three weeks ago. Demand was good today. Supply was moderate and included several load lots of yearling steer cattle coming off the grass.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $262.10/cwt on 36 head. That ranks 1 of 13 comparable sales and sits −226.53 against this barn's trailing median of $488.63.

Average price

$262.10

36 head · 552 lb average

Value per head Derived

$1,446

Price × average weight ÷ 100

Grade differential Derived

$91

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

$9.65/cwt at this weight

vs the market

−25.20

vs IA average

−36.94 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	559	267.19	1,494	17thin
Medium and Large 1-2	545	257.54	1,404	19thin

One grade step is worth $9.65/cwt here — about $91 a head. Across this sale the premium is widest at 600–700 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 sale36 hd

262.10

—

IA average4 barns · 461 hd

287.29

−25.20

National average191 barns · 36,605 hd

299.04

−36.94

This barn, trailing median13 sales

488.63

−226.53

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	Medium and Large 1-2	450–500	489	260.01/cwt	254.00–262.00	1,271	12
Heifers	Medium and Large 1-2	400–450	422	260.50/cwt	260.50–260.50	1,099	3
Steers	Medium and Large 1	700–750	721	264.22/cwt	260.00–266.50	1,905	196
Steers	Medium and Large 1	450–500	484	275.00/cwt	275.00–275.00	1,331	10
Heifers	Medium and Large 1Fancy	550–600	583	272.00/cwt	272.00–272.00	1,586	6
Bulls	Medium and Large 1	450–500	473	242.50/cwt	242.50–242.50	1,147	4
Heifers	Medium and Large 1	450–500	450	267.50/cwt	267.50–267.50	1,204	3
Heifers	Medium and Large 1	350–400	385	277.50/cwt	277.50–277.50	1,068	4
Heifers	Medium and Large 1	900–950	923	216.00/cwt	216.00–216.00	1,994	4
Heifers	Medium and Large 1	550–600	584	257.00/cwt	257.00–257.00	1,501	7
Steers	Medium and Large 1	800–850	836	261.11/cwt	252.50–263.50	2,183	342
Heifers	Medium and Large 1	800–850	848	223.00/cwt	223.00–223.00	1,891	7
Steers	Medium and Large 1	650–700	673	264.97/cwt	260.00–266.50	1,783	28
Heifers	Medium and Large 1	600–650	628	256.48/cwt	253.00–262.00	1,611	27
Steers	Medium and Large 1	500–550	514	268.50/cwt	268.50–268.50	1,380	6
Heifers	Medium and Large 1-2	650–700	690	221.00/cwt	221.00–221.00	1,525	3
Heifers	Medium and Large 1-2	600–650	611	230.00/cwt	230.00–230.00	1,405	6
Heifers	Medium and Large 1-2Unweaned	550–600	568	220.00/cwt	220.00–220.00	1,250	5
Steers	Medium and Large 1Unweaned	600–650	640	250.00/cwt	250.00–250.00	1,600	4
Steers	Medium and Large 1	600–650	630	266.18/cwt	260.00–268.00	1,677	64
Steers	Medium and Large 1	900–950	908	250.38/cwt	245.00–254.00	2,273	118
Steers	Medium and Large 1-2	600–650	633	238.00/cwt	238.00–238.00	1,507	3
Steers	Medium and Large 1-2	700–750	724	239.75/cwt	239.75–239.75	1,736	15
Steers	Medium and Large 1-2	500–550	545	257.54/cwt	250.00–261.00	1,404	19
Heifers	Medium and Large 1	700–750	736	236.00/cwt	230.75–239.25	1,737	35
Steers	Medium and Large 1	750–800	772	259.12/cwt	258.50–259.50	2,000	26
Heifers	Medium and Large 1	650–700	658	255.95/cwt	249.50–257.50	1,684	25
Heifers	Medium and Large 1-2	550–600	575	249.48/cwt	247.50–252.50	1,435	18
Steers	Medium and Large 1-2	650–700	693	235.00/cwt	235.00–235.00	1,629	4
Steers	Medium and Large 1-2	800–850	844	251.00/cwt	251.00–251.00	2,118	13
Heifers	Medium and Large 1	750–800	771	235.79/cwt	235.00–237.00	1,818	20
Steers	Medium and Large 1	550–600	584	266.47/cwt	265.00–267.00	1,556	11
Steers	Medium and Large 1	850–900	865	254.00/cwt	254.00–254.00	2,197	122

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 24, 2024

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

Receipts 1,318Last week 1,225Year ago 1,658

No trend as the last sale was three weeks ago. Demand was good today. Supply was moderate and included several load lots of yearling steer cattle coming off the grass.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2$ per cwt · actual wt
3	400–450	422	260.50	260.50
12	450–500	489	254.00–262.00	260.01
18	550–600	575	247.50–252.50	249.48
6	600–650	611	230.00	230.00
3	650–700	690	221.00	221.00
Heifers — Medium and Large 1 · Fancy$ per cwt · actual wt
6	550–600	583	272.00	272.00
Heifers — Medium and Large 1$ per cwt · actual wt
4	350–400	385	277.50	277.50
3	450–500	450	267.50	267.50
7	550–600	584	257.00	257.00
27	600–650	628	253.00–262.00	256.48
25	650–700	658	249.50–257.50	255.95
35	700–750	736	230.75–239.25	236.00
20	750–800	771	235.00–237.00	235.79
7	800–850	848	223.00	223.00
4	900–950	923	216.00	216.00
Heifers — Medium and Large 1-2 · Unweaned$ per cwt · actual wt
5	550–600	568	220.00	220.00
Steers — Medium and Large 1$ per cwt · actual wt
10	450–500	484	275.00	275.00
6	500–550	514	268.50	268.50
11	550–600	584	265.00–267.00	266.47
64	600–650	630	260.00–268.00	266.18
28	650–700	673	260.00–266.50	264.97
196	700–750	721	260.00–266.50	264.22
26	750–800	772	258.50–259.50	259.12
342	800–850	836	252.50–263.50	261.11
122	850–900	865	254.00	254.00
118	900–950	908	245.00–254.00	250.38
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
4	600–650	640	250.00	250.00
Steers — Medium and Large 1-2$ per cwt · actual wt
19	500–550	545	250.00–261.00	257.54
3	600–650	633	238.00	238.00
4	650–700	693	235.00	235.00
15	700–750	724	239.75	239.75
13	800–850	844	251.00	251.00
Bulls — Medium and Large 1$ per cwt · actual wt
4	450–500	473	242.50	242.50

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