Name: Russell Livestock Auction - Iowa livestock auction prices — 2020-08-03
Creator: RaisedBeef
Published: 2020-08-03

Reporter comment USDA

As filed

No trend as no recent report for a comparison. Trade active with good demand on moderate offerings.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $148.22/cwt on 1,137 head.

Average price

$148.22

1,137 head · 749 lb average

Value per head Derived

$1,111

Price × average weight ÷ 100

Grade differential Derived

$90

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

$14.01/cwt at this weight

vs the market

+15.75

vs IA average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	746	148.87	1,111	1,081
Large 1	835	136.00	1,136	35
Medium and Large 1-2	757	134.86	1,021	21

One grade step is worth $14.01/cwt here — about $90 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 sale1,137 hd

148.22

—

IA average6 barns · 2,744 hd

132.47

+15.75

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 · 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	—	376	157.59/cwt	147.00–165.00	593	24
Heifers	Medium and Large 1-2	—	533	135.00/cwt	135.00–135.00	720	3
Heifers	Medium and Large 1	—	476	143.74/cwt	140.00–148.00	684	22
Bulls	Medium and Large 1	—	614	133.63/cwt	127.00–135.00	820	12
Bulls	Medium and Large 1	—	690	120.00/cwt	120.00–120.00	828	10
Bulls	Medium and Large 1	—	764	113.44/cwt	112.00–117.00	867	7
Bulls	Medium and Large 1	—	582	141.00/cwt	141.00–141.00	821	6
Bulls	Medium and Large 1	—	470	142.00/cwt	142.00–142.00	667	2
Heifers	Medium and Large 1	—	264	166.00/cwt	166.00–166.00	438	7
Heifers	Medium and Large 1	—	760	136.83/cwt	126.50–138.00	1,040	41
Heifers	Medium and Large 1-2	—	574	124.00/cwt	124.00–124.00	712	5
Heifers	Medium and Large 1	—	610	140.34/cwt	133.00–147.00	856	30
Heifers	Medium and Large 1-2	—	666	129.00/cwt	129.00–129.00	859	4
Heifers	Medium and Large 1	—	660	141.17/cwt	135.00–143.00	932	115
Heifers	Medium and Large 1	—	439	149.93/cwt	147.50–152.00	658	11
Heifers	Medium and Large 1	—	585	141.99/cwt	140.50–146.00	831	76
Heifers	Medium and Large 1	—	975	108.00/cwt	108.00–108.00	1,053	7
Heifers	Medium and Large 1	—	532	146.06/cwt	140.00–149.00	777	44
Steers	Medium and Large 1	—	465	162.89/cwt	156.50–169.00	757	32
Steers	Medium and Large 1	—	787	146.42/cwt	139.25–151.00	1,152	267
Steers	Medium and Large 1	—	679	154.72/cwt	152.00–156.25	1,051	26
Steers	Medium and Large 1	—	618	157.19/cwt	151.00–161.50	971	115
Steers	Medium and Large 1	—	370	166.37/cwt	158.00–170.00	616	19
Steers	Medium and Large 1	—	729	155.68/cwt	139.50–157.00	1,135	75
Steers	Medium and Large 1	—	314	180.00/cwt	180.00–180.00	565	11
Steers	Medium and Large 1	—	916	134.99/cwt	126.75–136.25	1,237	70
Steers	Medium and Large 1-2	—	793	131.38/cwt	130.00–135.50	1,042	12
Steers	Medium and Large 1	—	433	165.53/cwt	160.00–171.00	717	6
Steers	Medium and Large 1	—	578	161.04/cwt	155.00–164.00	931	42
Steers	Medium and Large 1-2	—	709	139.50/cwt	139.50–139.50	989	9
Steers	Large 1	—	835	136.00/cwt	136.00–136.00	1,136	35
Steers	Medium and Large 1	—	517	163.64/cwt	158.00–166.00	846	34
Steers	Medium and Large 1	—	832	143.07/cwt	137.50–144.00	1,190	384

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 Aug 3, 2020

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

Receipts 1,624Last week 1,470Year ago 1,116

No trend as no recent report for a comparison. Trade active with good demand on moderate offerings.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
24	—	376	147.00–165.00	157.59
22	—	476	140.00–148.00	143.74
7	—	264	166.00	166.00
41	—	760	126.50–138.00	136.83
30	—	610	133.00–147.00	140.34
115	—	660	135.00–143.00	141.17
11	—	439	147.50–152.00	149.93
76	—	585	140.50–146.00	141.99
7	—	975	108.00	108.00
44	—	532	140.00–149.00	146.06
Heifers — Medium and Large 1-2$ per cwt · actual wt
3	—	533	135.00	135.00
5	—	574	124.00	124.00
4	—	666	129.00	129.00
Bulls — Medium and Large 1$ per cwt · actual wt
12	—	614	127.00–135.00	133.63
10	—	690	120.00	120.00
7	—	764	112.00–117.00	113.44
6	—	582	141.00	141.00
2	—	470	142.00	142.00
Steers — Medium and Large 1$ per cwt · actual wt
32	—	465	156.50–169.00	162.89
267	—	787	139.25–151.00	146.42
26	—	679	152.00–156.25	154.72
115	—	618	151.00–161.50	157.19
19	—	370	158.00–170.00	166.37
75	—	729	139.50–157.00	155.68
11	—	314	180.00	180.00
70	—	916	126.75–136.25	134.99
6	—	433	160.00–171.00	165.53
42	—	578	155.00–164.00	161.04
34	—	517	158.00–166.00	163.64
384	—	832	137.50–144.00	143.07
Steers — Medium and Large 1-2$ per cwt · actual wt
12	—	793	130.00–135.50	131.38
9	—	709	139.50	139.50
Steers — Large 1$ per cwt · actual wt
35	—	835	136.00	136.00

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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Fed Cattle — the cash market and what quality pays

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Russell Livestock Auction - Iowa