Sale reports / Iowa / Lamoni Livestock Auction / 2026-06-04

Lamoni Livestock Auction

Feeder Cattle · Lamoni, Iowa · Thu, Jun 4
● Final11 lots reportedUSDA AMS · slug 2158
Receipts
1,098 head
927 vs last sale 2,025 1,098 vs year ago 0 · no sale a year ago
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Reporter comment USDA

As filed

Compared to the sale two weeks ago, nearly all steers sold were from one consignor who brought nearly 750 head of nine- and ten-weight steers. The nine-weight steers sold 7.00 higher, while others were not well compared. Nearly all the heifers were from one consignor who brought nearly 140 head of seven-weight heifers and a higher undertone was noted although not well compared. Demand was very good today and included active internet bidding. Supply was moderate and included several load lots of nine- and ten-weight steers.

Weight class

Steers · summary 400–500 lb

Weighted average of every reported lot
400–500 lb steers averaged $498.50/cwt on 8 head, down $66.80 from the prior sale. That ranks 1 of 12 comparable sales and sits 38.36 against this barn's trailing median of $536.86.
Average price
$498.50
66.80 vs prior sale
8 head · 480 lb average
Value per head Derived
$2,390
Price × average weight ÷ 100
Grade differential Derived
$118
per head · Medium and Large 1 over Medium and Large 1-2
$7.00/cwt at this weight
vs the market
41.35
vs IA average
+6.53 vs national

What quality paid 400–500 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1488502.002,4504thin
Medium and Large 1-2471495.002,3314thin
One grade step is worth $7.00/cwt here — about $118 a head. Across this sale the premium is widest at 900–1000 lb. USDA reports each grade on its own line and never publishes the spread.

This barn's trailing prices 400–500 lb

12 sales
590557523489median 536.8601/0802/1204/0905/1406/18
Steers 400–500 lb: high $576.39, low $503.30, median $536.86 across 12 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

How it compared 400–500 lb

Same class and week · spot auction only
This sale8 hd
498.50
IA average5 barns · 344 hd
539.85
−41.35
National average168 barns · 7,022 hd
491.97
+6.53
This barn, trailing median12 sales
536.86
−38.36
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

11 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
SteersMedium and Large 1-2900–950917328.50/cwt328.50–328.503,01223
SteersMedium and Large 1-2450–500471495.00/cwt495.00–495.002,3314
SteersMedium and Large 1950–1000967341.61/cwt339.75–348.003,303520
SteersMedium and Large 11050–11001,078307.94/cwt302.50–317.503,320185
SteersMedium and Large 1800–850832355.50/cwt355.50–355.502,95869
SteersMedium and Large 1700–750705389.00/cwt389.00–389.002,7425
SteersMedium and Large 1450–500488502.00/cwt502.00–502.002,4504
HeifersMedium and Large 1700–750749372.00/cwt372.00–372.002,786138
HeifersMedium and Large 1600–650613403.50/cwt403.50–403.502,47312
HeifersMedium and Large 1900–950912314.00/cwt314.00–314.002,8646
SteersLarge 11100–11501,102302.50/cwt302.50–302.503,33446

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.