Name: Lamoni Livestock Auction livestock auction prices — 2024-11-07
Creator: RaisedBeef
Published: 2024-11-07

Reporter comment USDA

As filed

Compared to the sale two weeks ago, steers under 700 lbs. sold with a higher undertone noted on a light test last week, while heavier steers sold 2.00 to sharply higher. Heifers sold with a higher undertone noted on a light test last week. Demand was good today. Supply was moderate to heavy and included several load lots of reputation yearly cattle.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $299.71/cwt on 147 head. That ranks 1 of 13 comparable sales and sits −188.92 against this barn's trailing median of $488.63.

Average price

$299.71

147 head · 555 lb average

Value per head Derived

$1,664

Price × average weight ÷ 100

Grade differential Derived

$179

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

$22.48/cwt at this weight

vs the market

+2.53

vs IA average

−2.14 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	557	300.48	1,674	137
Large 1	518	296.50	1,536	6thin
Medium and Large 1-2	538	278.00	1,496	4thin

One grade step is worth $22.48/cwt here — about $179 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 sale147 hd

299.71

—

IA average5 barns · 778 hd

297.18

+2.53

National average187 barns · 26,509 hd

301.85

−2.14

This barn, trailing median13 sales

488.63

−188.92

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

38 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	Large 1Fleshy	1450–1500	1,486	170.25/cwt	170.25–170.25	2,530	29
Heifers	Large 1	550–600	563	261.00/cwt	261.00–261.00	1,469	11
Steers	Large 1	500–550	518	296.50/cwt	296.50–296.50	1,536	6
Steers	Large 1	1300–1350	1,304	174.50/cwt	174.50–174.50	2,275	7
Steers	Large 1	600–650	633	264.00/cwt	264.00–264.00	1,671	10
Heifers	Medium and Large 1Fleshy	450–500	498	263.00/cwt	263.00–263.00	1,310	9
Steers	Medium and Large 1	600–650	625	279.46/cwt	272.00–286.00	1,747	27
Steers	Medium and Large 1	500–550	537	311.79/cwt	306.50–318.00	1,674	40
Steers	Medium and Large 1Unweaned	500–550	534	290.64/cwt	282.00–299.00	1,552	10
Steers	Medium and Large 1Unweaned	650–700	668	273.00/cwt	273.00–273.00	1,824	11
Heifers	Medium and Large 1	550–600	575	255.89/cwt	250.00–259.00	1,471	60
Steers	Medium and Large 1	850–900	877	255.50/cwt	249.50–255.75	2,241	355
Steers	Medium and Large 1	400–450	432	347.47/cwt	344.00–351.00	1,501	15
Steers	Medium and Large 1	700–750	733	279.50/cwt	279.50–279.50	2,049	24
Heifers	Medium and Large 1-2	500–550	544	250.00/cwt	250.00–250.00	1,360	8
Steers	Medium and Large 1	550–600	567	297.94/cwt	292.00–299.00	1,689	80
Heifers	Medium and Large 1	450–500	485	284.39/cwt	280.00–287.00	1,379	25
Heifers	Medium and Large 1	900–950	914	220.50/cwt	220.50–220.50	2,015	10
Steers	Medium and Large 1	750–800	774	279.83/cwt	279.50–280.00	2,166	99
Steers	Medium and Large 1	950–1000	979	238.75/cwt	238.75–238.75	2,337	102
Heifers	Medium and Large 1-2	450–500	465	219.87/cwt	219.00–221.00	1,022	7
Heifers	Medium and Large 1Unweaned	550–600	575	244.61/cwt	243.00–245.00	1,407	41
Steers	Medium and Large 1	450–500	484	317.04/cwt	312.50–325.00	1,534	12
Steers	Medium and Large 1Unweaned	450–500	488	302.50/cwt	302.50–302.50	1,476	6
Heifers	Medium and Large 1Unweaned	450–500	474	255.00/cwt	255.00–255.00	1,209	4
Steers	Medium and Large 1-2	500–550	538	278.00/cwt	278.00–278.00	1,496	4
Steers	Medium and Large 1-2	650–700	686	267.00/cwt	267.00–267.00	1,832	5
Steers	Medium and Large 1-2	400–450	446	290.00/cwt	290.00–290.00	1,293	4
Steers	Medium and Large 1	650–700	685	285.41/cwt	271.00–290.00	1,955	99
Steers	Medium and Large 1Unweaned	700–750	701	256.00/cwt	256.00–256.00	1,795	6
Steers	Medium and Large 1Unweaned	550–600	595	279.00/cwt	279.00–279.00	1,660	7
Heifers	Medium and Large 1-2	900–950	900	202.00/cwt	202.00–202.00	1,818	6
Heifers	Medium and Large 1	950–1000	990	211.50/cwt	211.50–211.50	2,094	5
Heifers	Medium and Large 1	350–400	387	282.09/cwt	275.00–286.00	1,092	9
Heifers	Medium and Large 1	700–750	734	241.53/cwt	241.00–244.00	1,773	38
Heifers	Medium and Large 1	500–550	531	279.05/cwt	278.50–281.00	1,482	22
Heifers	Medium and Large 1	600–650	635	254.64/cwt	249.00–260.50	1,617	22
Steers	Medium and Large 1Unweaned	600–650	630	269.65/cwt	261.00–282.00	1,699	24

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 Nov 7, 2024

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

Receipts 1,566Last week 1,318Year ago 1,658

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Large 1 · Fleshy$ per cwt · actual wt
29	1450–1500	1,486	170.25	170.25
Steers — Large 1$ per cwt · actual wt
6	500–550	518	296.50	296.50
10	600–650	633	264.00	264.00
7	1300–1350	1,304	174.50	174.50
Steers — Medium and Large 1$ per cwt · actual wt
15	400–450	432	344.00–351.00	347.47
12	450–500	484	312.50–325.00	317.04
40	500–550	537	306.50–318.00	311.79
80	550–600	567	292.00–299.00	297.94
27	600–650	625	272.00–286.00	279.46
99	650–700	685	271.00–290.00	285.41
24	700–750	733	279.50	279.50
99	750–800	774	279.50–280.00	279.83
355	850–900	877	249.50–255.75	255.50
102	950–1000	979	238.75	238.75
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
6	450–500	488	302.50	302.50
10	500–550	534	282.00–299.00	290.64
7	550–600	595	279.00	279.00
24	600–650	630	261.00–282.00	269.65
11	650–700	668	273.00	273.00
6	700–750	701	256.00	256.00
Steers — Medium and Large 1-2$ per cwt · actual wt
4	400–450	446	290.00	290.00
4	500–550	538	278.00	278.00
5	650–700	686	267.00	267.00
Heifers — Large 1$ per cwt · actual wt
11	550–600	563	261.00	261.00
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
9	450–500	498	263.00	263.00
Heifers — Medium and Large 1$ per cwt · actual wt
9	350–400	387	275.00–286.00	282.09
25	450–500	485	280.00–287.00	284.39
22	500–550	531	278.50–281.00	279.05
60	550–600	575	250.00–259.00	255.89
22	600–650	635	249.00–260.50	254.64
38	700–750	734	241.00–244.00	241.53
10	900–950	914	220.50	220.50
5	950–1000	990	211.50	211.50
Heifers — Medium and Large 1-2$ per cwt · actual wt
7	450–500	465	219.00–221.00	219.87
8	500–550	544	250.00	250.00
6	900–950	900	202.00	202.00
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
4	450–500	474	255.00	255.00
41	550–600	575	243.00–245.00	244.61

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