Name: Russell Livestock Auction - Iowa livestock auction prices — 2020-03-02
Creator: RaisedBeef
Published: 2020-03-02

Reporter comment USDA

As filed

Compared to the last market coverage two weeks ago (Feb 17) steers 500-650 lbs. sold 1.50-7.00 lower while the 650-900 lb. steers were 4.00-6.00 lower. Heifers under 450 lbs ended 3.00 higher and the 550-600 lb. heifers were generally steady. The rest of the heifers sold 4.00-6.00 lower. Demand was moderate for the moderate offerings. Trading was active.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $152.42/cwt on 1,229 head.

Average price

$152.42

1,229 head · 681 lb average

Value per head Derived

$1,038

Price × average weight ÷ 100

Grade differential Derived

$89

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

$1.76/cwt at this weight

vs the market

+10.72

vs IA average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	686	152.58	1,046	1,119
Medium and Large 1-2	635	150.82	958	110

One grade step is worth $1.76/cwt here — about $89 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 sale1,229 hd

152.42

—

IA average7 barns · 5,431 hd

141.71

+10.72

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

41 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	—	862	111.00/cwt	111.00–111.00	957	6
Heifers	Medium and Large 1	—	945	117.25/cwt	117.25–117.25	1,108	20
Heifers	Medium and Large 1	—	627	136.31/cwt	132.00–139.50	855	67
Heifers	Medium and Large 1	—	668	129.03/cwt	121.00–132.50	862	101
Heifers	Medium and Large 1-2	—	850	100.50/cwt	100.50–100.50	854	6
Heifers	Medium and Large 1-2	—	531	139.45/cwt	139.00–140.25	740	8
Heifers	Medium and Large 1	—	811	121.50/cwt	121.50–121.50	985	18
Heifers	Medium and Large 1	—	425	162.60/cwt	158.00–170.00	691	25
Heifers	Medium and Large 1	—	729	127.29/cwt	121.00–129.50	928	97
Heifers	Medium and Large 1-2	—	482	142.00/cwt	142.00–142.00	684	3
Heifers	Medium and Large 1-2	—	561	136.88/cwt	136.00–138.00	768	7
Heifers	Medium and Large 1	—	783	123.69/cwt	116.00–125.00	968	14
Steers	Medium and Large 1	—	939	122.00/cwt	122.00–122.00	1,146	12
Steers	Medium and Large 1	—	421	186.32/cwt	178.00–194.00	784	20
Steers	Medium and Large 1	—	783	141.97/cwt	134.50–144.50	1,112	116
Steers	Medium and Large 1	—	673	154.89/cwt	147.50–160.00	1,042	193
Steers	Medium and Large 1-2	—	334	172.50/cwt	172.50–172.50	576	5
Steers	Medium and Large 1-2	—	593	152.11/cwt	149.00–153.00	902	18
Steers	Medium and Large 1	—	464	188.52/cwt	186.00–190.00	875	11
Steers	Medium and Large 1	—	863	129.85/cwt	129.85–129.85	1,121	16
Steers	Medium and Large 1	—	621	159.02/cwt	156.00–162.50	988	79
Steers	Medium and Large 1	—	574	165.92/cwt	159.50–172.50	952	151
Steers	Medium and Large 1Unweaned	—	475	173.00/cwt	173.00–173.00	822	4
Steers	Medium and Large 1-2	—	504	169.53/cwt	167.00–170.50	854	18
Bulls	Medium and Large 1	—	608	139.00/cwt	139.00–139.00	845	6
Bulls	Medium and Large 1	—	906	109.00/cwt	109.00–109.00	988	4
Bulls	Medium and Large 1	—	575	144.65/cwt	140.00–151.00	832	12
Bulls	Medium and Large 1	—	520	161.00/cwt	161.00–161.00	837	4
Bulls	Medium and Large 1	—	417	161.00/cwt	161.00–161.00	671	9
Heifers	Medium and Large 1	—	494	150.87/cwt	150.00–151.00	745	22
Heifers	Medium and Large 1	—	518	149.02/cwt	142.00–155.50	772	90
Heifers	Medium and Large 1	—	564	147.40/cwt	140.00–153.50	831	133
Heifers	Medium and Large 1-2	—	430	150.50/cwt	150.50–150.50	647	7
Heifers	Medium and Large 1-2	—	629	124.73/cwt	124.00–125.00	785	11
Steers	Medium and Large 1-2	—	794	133.81/cwt	124.50–135.00	1,062	35
Steers	Medium and Large 1	—	394	187.14/cwt	186.00–189.00	737	13
Steers	Medium and Large 1	—	518	177.99/cwt	169.00–183.00	922	51
Steers	Medium and Large 1	—	818	134.31/cwt	128.00–135.25	1,099	133
Steers	Medium and Large 1	—	719	147.97/cwt	140.00–151.35	1,064	320
Steers	Medium and Large 1-2	—	495	171.00/cwt	171.00–171.00	846	14
Steers	Medium and Large 1-2	—	685	143.04/cwt	142.50–144.00	980	20

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 Mar 2, 2020

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

Receipts 2,217Last week 5,030Year ago 0

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
6	—	862	111.00	111.00
20	—	945	117.25	117.25
67	—	627	132.00–139.50	136.31
101	—	668	121.00–132.50	129.03
18	—	811	121.50	121.50
25	—	425	158.00–170.00	162.60
97	—	729	121.00–129.50	127.29
14	—	783	116.00–125.00	123.69
22	—	494	150.00–151.00	150.87
90	—	518	142.00–155.50	149.02
133	—	564	140.00–153.50	147.40
Heifers — Medium and Large 1-2$ per cwt · actual wt
6	—	850	100.50	100.50
8	—	531	139.00–140.25	139.45
3	—	482	142.00	142.00
7	—	561	136.00–138.00	136.88
7	—	430	150.50	150.50
11	—	629	124.00–125.00	124.73
Steers — Medium and Large 1$ per cwt · actual wt
12	—	939	122.00	122.00
20	—	421	178.00–194.00	186.32
116	—	783	134.50–144.50	141.97
193	—	673	147.50–160.00	154.89
11	—	464	186.00–190.00	188.52
16	—	863	129.85	129.85
79	—	621	156.00–162.50	159.02
151	—	574	159.50–172.50	165.92
13	—	394	186.00–189.00	187.14
51	—	518	169.00–183.00	177.99
133	—	818	128.00–135.25	134.31
320	—	719	140.00–151.35	147.97
Steers — Medium and Large 1-2$ per cwt · actual wt
5	—	334	172.50	172.50
18	—	593	149.00–153.00	152.11
18	—	504	167.00–170.50	169.53
35	—	794	124.50–135.00	133.81
14	—	495	171.00	171.00
20	—	685	142.50–144.00	143.04
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
4	—	475	173.00	173.00
Bulls — Medium and Large 1$ per cwt · actual wt
6	—	608	139.00	139.00
4	—	906	109.00	109.00
12	—	575	140.00–151.00	144.65
4	—	520	161.00	161.00
9	—	417	161.00	161.00

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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Russell Livestock Auction - Iowa