Name: Russell Livestock Auction - Iowa livestock auction prices — 2020-08-17
Creator: RaisedBeef
Published: 2020-08-17

Reporter comment USDA

As filed

Compared to the last report two weeks ago (8/3) steer calves 400-500 lbs.15.00 higher, over 500 lbs. 3.00-6.00 higher. Heifer calves 400-650 lbs. 8.00-10.00 higher, over 650 lbs. firm. Trade active with good demand for the bulk of offerings coming off grass.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $155.40/cwt on 1,577 head.

Average price

$155.40

1,577 head · 718 lb average

Value per head Derived

$1,116

Price × average weight ÷ 100

Grade differential Derived

$71

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

$16.32/cwt at this weight

vs the market

+4.46

vs IA average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	717	156.00	1,118	1,519
Medium and Large 1-2	750	139.67	1,047	58

One grade step is worth $16.32/cwt here — about $71 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 sale1,577 hd

155.40

—

IA average2 barns · 1,722 hd

150.93

+4.46

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

36 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
Steers	Medium and Large 1	—	375	192.00/cwt	192.00–192.00	720	4
Steers	Medium and Large 1	—	615	162.33/cwt	156.00–166.00	998	68
Steers	Medium and Large 1	—	533	167.96/cwt	164.00–178.00	895	237
Steers	Medium and Large 1-2	—	781	135.90/cwt	135.00–137.00	1,061	22
Steers	Medium and Large 1Fancy	—	732	160.10/cwt	160.10–160.10	1,172	68
Steers	Medium and Large 1	—	581	162.34/cwt	155.00–166.50	943	58
Steers	Medium and Large 1	—	684	160.54/cwt	154.25–163.00	1,098	219
Steers	Medium and Large 1-2	—	669	149.00/cwt	149.00–149.00	997	11
Steers	Medium and Large 1	—	480	177.69/cwt	173.00–182.00	853	58
Steers	Medium and Large 1	—	766	149.69/cwt	140.50–155.25	1,147	190
Steers	Medium and Large 1-2	—	729	137.00/cwt	137.00–137.00	999	9
Steers	Medium and Large 1	—	424	180.51/cwt	174.00–184.00	765	17
Steers	Medium and Large 1	—	811	149.14/cwt	144.25–150.60	1,210	89
Heifers	Medium and Large 1	—	486	158.97/cwt	155.00–160.00	773	47
Heifers	Medium and Large 1-2	—	497	130.00/cwt	130.00–130.00	646	3
Heifers	Medium and Large 1	—	628	150.93/cwt	146.00–157.50	948	45
Heifers	Medium and Large 1Thin Fleshed	—	405	179.00/cwt	179.00–179.00	725	4
Heifers	Medium and Large 1	—	713	138.33/cwt	138.00–139.50	986	29
Heifers	Medium and Large 1	—	579	151.84/cwt	140.00–156.00	879	188
Heifers	Medium and Large 1-2	—	687	134.46/cwt	130.00–136.00	924	21
Heifers	Medium and Large 1	—	836	129.81/cwt	129.50–130.00	1,085	18
Heifers	Medium and Large 1	—	788	135.41/cwt	131.00–137.75	1,067	155
Heifers	Medium and Large 1-2	—	764	125.50/cwt	125.50–125.50	959	9
Heifers	Medium and Large 1	—	427	159.68/cwt	159.00–161.00	682	17
Heifers	Medium and Large 1	—	525	153.35/cwt	149.00–159.50	805	149
Heifers	Medium and Large 1-2	—	419	151.84/cwt	151.00–153.00	636	7
Heifers	Medium and Large 1	—	395	158.50/cwt	158.50–158.50	626	12
Heifers	Medium and Large 1	—	671	142.41/cwt	137.00–149.50	956	68
Heifers	Medium and Large 1-2	—	593	141.00/cwt	141.00–141.00	836	4
Steers	Medium and Large 1-2	—	635	149.82/cwt	146.00–153.00	951	9
Steers	Medium and Large 1	—	1,007	125.00/cwt	125.00–125.00	1,259	6
Steers	Medium and Large 1	—	904	140.60/cwt	133.00–144.00	1,271	87
Steers	Medium and Large 1-2	—	953	127.25/cwt	127.25–127.25	1,213	7
Steers	Medium and Large 1	—	345	180.00/cwt	180.00–180.00	621	5
Steers	Medium and Large 1	—	741	149.90/cwt	141.50–151.50	1,111	81
Steers	Medium and Large 1	—	864	146.90/cwt	142.50–148.85	1,269	332

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 17, 2020

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

Receipts 2,436Last week 1,624Year ago 0

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
4	—	375	192.00	192.00
68	—	615	156.00–166.00	162.33
237	—	533	164.00–178.00	167.96
58	—	581	155.00–166.50	162.34
219	—	684	154.25–163.00	160.54
58	—	480	173.00–182.00	177.69
190	—	766	140.50–155.25	149.69
17	—	424	174.00–184.00	180.51
89	—	811	144.25–150.60	149.14
6	—	1,007	125.00	125.00
87	—	904	133.00–144.00	140.60
5	—	345	180.00	180.00
81	—	741	141.50–151.50	149.90
332	—	864	142.50–148.85	146.90
Steers — Medium and Large 1-2$ per cwt · actual wt
22	—	781	135.00–137.00	135.90
11	—	669	149.00	149.00
9	—	729	137.00	137.00
9	—	635	146.00–153.00	149.82
7	—	953	127.25	127.25
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
68	—	732	160.10	160.10
Heifers — Medium and Large 1$ per cwt · actual wt
47	—	486	155.00–160.00	158.97
45	—	628	146.00–157.50	150.93
29	—	713	138.00–139.50	138.33
188	—	579	140.00–156.00	151.84
18	—	836	129.50–130.00	129.81
155	—	788	131.00–137.75	135.41
17	—	427	159.00–161.00	159.68
149	—	525	149.00–159.50	153.35
12	—	395	158.50	158.50
68	—	671	137.00–149.50	142.41
Heifers — Medium and Large 1-2$ per cwt · actual wt
3	—	497	130.00	130.00
21	—	687	130.00–136.00	134.46
9	—	764	125.50	125.50
7	—	419	151.00–153.00	151.84
4	—	593	141.00	141.00
Heifers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
4	—	405	179.00	179.00

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