Name: Russell Livestock Auction - Iowa livestock auction prices — 2019-10-14
Creator: RaisedBeef
Published: 2019-10-14

Reporter comment USDA

As filed

Compared to two weeks ago: Today's supply included several load lots of yearling steers, that were met with good demand and sold steady to 4.00 higher. Short weaned calves traded with a slight discount. Demand was moderate for moderate to heavy offerings.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $154.37/cwt on 1,458 head.

Average price

$154.37

1,458 head · 682 lb average

Value per head Derived

$1,053

Price × average weight ÷ 100

Grade differential Derived

−$339

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

$2.37/cwt at this weight

vs the market

+10.60

vs IA average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1-2	475	156.52	744	130
Medium and Large 1	703	154.16	1,083	1,328

One grade step is worth $2.37/cwt here — about −$339 a head. Across this sale the premium is widest at 0–100 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 0–100 lb

Same class and week · spot auction only

This sale1,458 hd

154.37

—

IA average8 barns · 3,670 hd

143.77

+10.60

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

44 lots · USDA AMS · Russell Livestock Feeder Cattle - Russell, 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	—	681	127.51/cwt	123.00–130.00	868	14
Heifers	Medium and Large 1-2	—	787	121.00/cwt	121.00–121.00	952	8
Heifers	Medium and Large 1-2Full	—	441	130.00/cwt	130.00–130.00	573	4
Heifers	Medium and Large 1Unweaned	—	619	139.00/cwt	139.00–139.00	860	8
Heifers	Medium and Large 1	—	474	143.71/cwt	132.00–149.00	681	71
Heifers	Medium and Large 1	—	513	143.79/cwt	140.00–150.00	738	40
Heifers	Medium and Large 1	—	766	135.69/cwt	131.00–143.00	1,039	28
Bulls	Medium and Large 1	—	391	157.50/cwt	157.50–157.50	616	5
Steers	Medium and Large 1-2	—	616	144.62/cwt	141.00–147.00	891	13
Steers	Medium and Large 1-2	—	381	178.00/cwt	178.00–178.00	678	4
Steers	Medium and Large 1Unweaned	—	447	167.00/cwt	167.00–167.00	746	8
Steers	Medium and Large 1	—	857	151.61/cwt	146.85–153.75	1,299	303
Steers	Medium and Large 1	—	627	151.39/cwt	141.00–157.00	949	87
Steers	Medium and Large 1	—	410	186.69/cwt	186.00–189.00	765	61
Heifers	Medium and Large 1-2	—	423	140.36/cwt	133.00–149.00	594	18
Heifers	Medium and Large 1-2	—	310	137.50/cwt	137.50–137.50	426	12
Heifers	Medium and Large 1-2	—	705	128.00/cwt	128.00–128.00	902	4
Heifers	Medium and Large 1Unweaned	—	674	134.14/cwt	133.50–135.00	904	23
Heifers	Medium and Large 1	—	671	145.28/cwt	143.75–147.25	975	80
Heifers	Medium and Large 1	—	573	137.38/cwt	136.00–145.50	787	59
Heifers	Medium and Large 1	—	832	132.28/cwt	129.00–133.50	1,101	28
Bulls	Medium and Large 1	—	460	160.00/cwt	160.00–160.00	736	6
Steers	Medium and Large 1-2	—	482	153.52/cwt	152.00–162.00	740	32
Steers	Medium and Large 1-2	—	572	151.00/cwt	151.00–151.00	864	6
Steers	Medium and Large 1Unweaned	—	533	151.96/cwt	146.00–154.00	810	62
Steers	Medium and Large 1	—	773	151.70/cwt	146.00–157.25	1,173	336
Steers	Medium and Large 1	—	674	148.95/cwt	142.50–155.25	1,004	101
Steers	Medium and Large 1	—	826	148.64/cwt	143.50–149.50	1,228	76
Steers	Medium and Large 1	—	519	159.61/cwt	155.00–169.00	828	38
Heifers	Medium and Large 1-2	—	555	128.84/cwt	128.00–130.00	715	12
Heifers	Medium and Large 1-2	—	611	139.50/cwt	139.50–139.50	852	7
Heifers	Medium and Large 1Unweaned	—	518	137.96/cwt	135.00–139.00	715	43
Heifers	Medium and Large 1	—	430	152.20/cwt	144.00–156.00	654	114
Heifers	Medium and Large 1	—	629	143.35/cwt	142.00–144.50	902	70
Heifers	Medium and Large 1	—	732	141.51/cwt	141.00–141.75	1,036	31
Heifers	Medium and Large 1	—	320	154.00/cwt	154.00–154.00	493	7
Bulls	Medium and Large 1	—	317	157.50/cwt	157.50–157.50	499	3
Steers	Medium and Large 1-2	—	422	164.50/cwt	154.00–176.00	694	54
Steers	Medium and Large 1-2	—	520	146.95/cwt	144.00–152.00	764	8
Steers	Medium and Large 1-2Full	—	497	144.50/cwt	144.50–144.50	718	13
Steers	Medium and Large 1Unweaned	—	563	139.00/cwt	139.00–139.00	783	5
Steers	Medium and Large 1	—	492	165.19/cwt	161.00–168.00	813	113
Steers	Medium and Large 1	—	577	150.74/cwt	141.00–158.25	870	80
Steers	Medium and Large 1	—	732	149.44/cwt	143.50–153.25	1,094	58

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 →

Russell Livestock Feeder Cattle - Russell, IA

Mon Oct 14, 2019

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

Receipts 2,752Last week 1,937Year ago 0

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2$ per cwt · actual wt
14	—	681	123.00–130.00	127.51
8	—	787	121.00	121.00
18	—	423	133.00–149.00	140.36
12	—	310	137.50	137.50
4	—	705	128.00	128.00
12	—	555	128.00–130.00	128.84
7	—	611	139.50	139.50
Heifers — Medium and Large 1-2 · Full$ per cwt · actual wt
4	—	441	130.00	130.00
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
8	—	619	139.00	139.00
23	—	674	133.50–135.00	134.14
43	—	518	135.00–139.00	137.96
Heifers — Medium and Large 1$ per cwt · actual wt
71	—	474	132.00–149.00	143.71
40	—	513	140.00–150.00	143.79
28	—	766	131.00–143.00	135.69
80	—	671	143.75–147.25	145.28
59	—	573	136.00–145.50	137.38
28	—	832	129.00–133.50	132.28
114	—	430	144.00–156.00	152.20
70	—	629	142.00–144.50	143.35
31	—	732	141.00–141.75	141.51
7	—	320	154.00	154.00
Bulls — Medium and Large 1$ per cwt · actual wt
5	—	391	157.50	157.50
6	—	460	160.00	160.00
3	—	317	157.50	157.50
Steers — Medium and Large 1-2$ per cwt · actual wt
13	—	616	141.00–147.00	144.62
4	—	381	178.00	178.00
32	—	482	152.00–162.00	153.52
6	—	572	151.00	151.00
54	—	422	154.00–176.00	164.50
8	—	520	144.00–152.00	146.95
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
8	—	447	167.00	167.00
62	—	533	146.00–154.00	151.96
5	—	563	139.00	139.00
Steers — Medium and Large 1$ per cwt · actual wt
303	—	857	146.85–153.75	151.61
87	—	627	141.00–157.00	151.39
61	—	410	186.00–189.00	186.69
336	—	773	146.00–157.25	151.70
101	—	674	142.50–155.25	148.95
76	—	826	143.50–149.50	148.64
38	—	519	155.00–169.00	159.61
113	—	492	161.00–168.00	165.19
80	—	577	141.00–158.25	150.74
58	—	732	143.50–153.25	149.44
Steers — Medium and Large 1-2 · Full$ per cwt · actual wt
13	—	497	144.50	144.50

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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Russell Livestock Auction - Iowa