Name: Russell Livestock Auction - Iowa livestock auction prices — 2024-03-04
Creator: RaisedBeef
Published: 2024-03-04

Reporter comment USDA

As filed

Compared to the sale two weeks ago, steers under 650 lbs. sold sharply higher, while steers 650 lbs. and heavier sold 5.00 to 16.00 higher. Heifers sold steady to 11.00 higher. Demand was very good. Supply was heavy with several load lots of reputation cattle.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $321.11/cwt on 400 head. That ranks 1 of 15 comparable sales and sits −165.78 against this barn's trailing median of $486.89.

Average price

$321.11

400 head · 557 lb average

Value per head Derived

$1,788

Price × average weight ÷ 100

Grade differential Derived

$333

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

$59.03/cwt at this weight

vs the market

+1.86

vs IA average

+8.11 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	557	325.38	1,812	371
Medium and Large 1-2	555	266.36	1,479	29

One grade step is worth $59.03/cwt here — about $333 a head. Across this sale the premium is widest at 700–800 lb. USDA reports each grade on its own line and never publishes the spread.

This barn's trailing prices 500–600 lb

15 sales

Steers 500–600 lb: high $512.91, low $455.97, median $486.89 across 15 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

How it compared 500–600 lb

Same class and week · spot auction only

This sale400 hd

321.11

—

IA average2 barns · 481 hd

319.25

+1.86

National average178 barns · 13,961 hd

313.00

+8.11

This barn, trailing median15 sales

486.89

−165.78

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

66 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 1-2	350–400	389	337.50/cwt	337.50–337.50	1,313	19
Steers	Medium and Large 1-2	300–350	325	355.00/cwt	355.00–355.00	1,154	3
Steers	Medium and Large 1	350–400	383	366.88/cwt	353.00–379.00	1,405	14
Steers	Medium and Large 1	650–700	666	292.08/cwt	269.00–298.25	1,945	167
Steers	Medium and Large 1	800–850	813	252.46/cwt	242.00–256.50	2,052	125
Steers	Medium and Large 1	500–550	521	329.10/cwt	312.00–339.00	1,715	94
Steers	Medium and Large 1Unweaned	500–550	540	300.00/cwt	300.00–300.00	1,620	7
Steers	Medium and Large 1-2	500–550	536	300.06/cwt	297.50–302.50	1,608	16
Steers	Medium and Large 1-2	550–600	579	224.88/cwt	200.00–245.00	1,302	13
Steers	Medium and Large 1-2	700–750	741	210.00/cwt	210.00–210.00	1,556	4
Steers	Medium and Large 1-2	600–650	639	250.00/cwt	250.00–250.00	1,598	4
Steers	Medium and Large 1-2	450–500	490	310.00/cwt	310.00–310.00	1,519	4
Steers	Medium and Large 1Unweaned	700–750	701	250.00/cwt	250.00–250.00	1,753	5
Steers	Medium and Large 1Fancy	350–400	365	415.00/cwt	415.00–415.00	1,515	3
Steers	Medium and Large 1Fancy	500–550	504	352.00/cwt	352.00–352.00	1,774	18
Steers	Medium and Large 1Fancy	400–450	421	390.00/cwt	390.00–390.00	1,642	5
Steers	Medium and Large 1	450–500	478	335.49/cwt	315.00–350.00	1,604	94
Steers	Medium and Large 1	900–950	914	228.82/cwt	220.00–233.00	2,091	32
Steers	Medium and Large 1	550–600	574	323.74/cwt	294.00–330.00	1,858	245
Steers	Medium and Large 1	750–800	776	261.22/cwt	246.75–277.00	2,027	228
Steers	Medium and Large 1	400–450	433	358.09/cwt	343.00–377.00	1,551	60
Steers	Medium and Large 1	600–650	617	310.76/cwt	292.50–323.50	1,917	345
Steers	Medium and Large 1Unweaned	300–350	328	360.00/cwt	360.00–360.00	1,181	4
Steers	Medium and Large 1-2Unweaned	450–500	468	300.00/cwt	300.00–300.00	1,404	10
Steers	Medium and Large 1Unweaned	350–400	388	387.50/cwt	387.50–387.50	1,504	13
Steers	Medium and Large 1Unweaned	450–500	454	348.00/cwt	348.00–348.00	1,580	12
Steers	Medium and Large 1Unweaned	550–600	589	290.00/cwt	290.00–290.00	1,708	7
Bulls	Medium and Large 1Unweaned	800–850	846	227.00/cwt	227.00–227.00	1,920	8
Bulls	Medium and Large 1Unweaned	350–400	373	385.00/cwt	385.00–385.00	1,436	21
Bulls	Medium and Large 1Unweaned	450–500	464	347.50/cwt	347.50–347.50	1,612	37
Bulls	Medium and Large 1Unweaned	650–700	691	268.50/cwt	268.50–268.50	1,855	23
Bulls	Medium and Large 1Unweaned	250–300	273	340.00/cwt	340.00–340.00	928	6
Bulls	Medium and Large 1Unweaned	550–600	591	281.00/cwt	281.00–281.00	1,661	20
Heifers	Medium and Large 1Fancy	400–450	419	338.00/cwt	338.00–338.00	1,416	18
Heifers	Medium and Large 1Fancy	750–800	762	240.00/cwt	240.00–240.00	1,829	13
Heifers	Medium and Large 1Fancy	500–550	506	320.00/cwt	320.00–320.00	1,619	12
Bulls	Medium and Large 1	600–650	639	242.38/cwt	222.50–259.00	1,549	13
Bulls	Medium and Large 1	500–550	521	256.48/cwt	251.00–260.00	1,336	8
Bulls	Medium and Large 1	550–600	590	275.00/cwt	275.00–275.00	1,623	6
Heifers	Medium and Large 1	800–850	810	220.91/cwt	215.00–232.00	1,789	38
Heifers	Medium and Large 1	400–450	416	296.46/cwt	287.50–306.00	1,233	8
Heifers	Medium and Large 1	300–350	327	332.71/cwt	331.00–335.00	1,088	7
Heifers	Medium and Large 1	600–650	628	260.06/cwt	246.00–271.50	1,633	259
Heifers	Medium and Large 1	700–750	724	247.09/cwt	232.50–255.50	1,789	244
Heifers	Large 1	1000–1050	1,004	201.00/cwt	201.00–201.00	2,018	5
Heifers	Medium and Large 1	500–550	525	286.05/cwt	277.50–297.50	1,502	86
Heifers	Medium and Large 1	850–900	852	212.00/cwt	212.00–212.00	1,806	16
Heifers	Medium and Large 1	350–400	380	317.11/cwt	302.50–327.50	1,205	15
Heifers	Medium and Large 1	900–950	932	207.02/cwt	206.00–208.00	1,929	10
Heifers	Medium and Large 1	450–500	471	317.90/cwt	308.00–330.00	1,497	70
Heifers	Medium and Large 1	750–800	782	221.99/cwt	214.00–223.50	1,736	57
Heifers	Medium and Large 1-2	450–500	477	279.22/cwt	270.00–285.00	1,332	8
Heifers	Medium and Large 1-2	400–450	426	271.17/cwt	267.50–275.00	1,155	6
Heifers	Medium and Large 1-2	500–550	535	255.58/cwt	250.00–262.50	1,367	32
Heifers	Medium and Large 1-2	600–650	602	242.00/cwt	242.00–242.00	1,457	15
Heifers	Medium and Large 1	650–700	671	259.78/cwt	241.00–267.50	1,743	242
Heifers	Medium and Large 1	550–600	571	272.79/cwt	255.00–290.00	1,558	208
Heifers	Medium and Large 1Unweaned	700–750	705	222.50/cwt	222.50–222.50	1,569	3
Heifers	Medium and Large 1Unweaned	500–550	507	296.85/cwt	267.50–300.00	1,505	31
Heifers	Medium and Large 1Unweaned	400–450	406	302.12/cwt	295.00–307.50	1,227	14
Heifers	Medium and Large 1Unweaned	550–600	595	244.00/cwt	244.00–244.00	1,452	6
Heifers	Medium and Large 1Unweaned	350–400	371	336.37/cwt	325.00–338.00	1,248	47
Heifers	Medium and Large 1-2	550–600	591	246.00/cwt	246.00–246.00	1,454	13
Steers	Medium and Large 1	700–750	730	276.40/cwt	260.00–285.00	2,018	275
Steers	Medium and Large 1-2	400–450	409	325.00/cwt	325.00–325.00	1,329	4
Steers	Large 1	1000–1050	1,010	140.00/cwt	140.00–140.00	1,414	3

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 4, 2024

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

Receipts 3,782Last week 4,616Year ago 2,358

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
3	300–350	325	355.00	355.00
19	350–400	389	337.50	337.50
4	400–450	409	325.00	325.00
4	450–500	490	310.00	310.00
16	500–550	536	297.50–302.50	300.06
13	550–600	579	200.00–245.00	224.88
4	600–650	639	250.00	250.00
4	700–750	741	210.00	210.00
Steers — Medium and Large 1$ per cwt · actual wt
14	350–400	383	353.00–379.00	366.88
60	400–450	433	343.00–377.00	358.09
94	450–500	478	315.00–350.00	335.49
94	500–550	521	312.00–339.00	329.10
245	550–600	574	294.00–330.00	323.74
345	600–650	617	292.50–323.50	310.76
167	650–700	666	269.00–298.25	292.08
275	700–750	730	260.00–285.00	276.40
228	750–800	776	246.75–277.00	261.22
125	800–850	813	242.00–256.50	252.46
32	900–950	914	220.00–233.00	228.82
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
4	300–350	328	360.00	360.00
13	350–400	388	387.50	387.50
12	450–500	454	348.00	348.00
7	500–550	540	300.00	300.00
7	550–600	589	290.00	290.00
5	700–750	701	250.00	250.00
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
3	350–400	365	415.00	415.00
5	400–450	421	390.00	390.00
18	500–550	504	352.00	352.00
Steers — Medium and Large 1-2 · Unweaned$ per cwt · actual wt
10	450–500	468	300.00	300.00
Steers — Large 1$ per cwt · actual wt
3	1000–1050	1,010	140.00	140.00
Bulls — Medium and Large 1 · Unweaned$ per cwt · actual wt
6	250–300	273	340.00	340.00
21	350–400	373	385.00	385.00
37	450–500	464	347.50	347.50
20	550–600	591	281.00	281.00
23	650–700	691	268.50	268.50
8	800–850	846	227.00	227.00
Bulls — Medium and Large 1$ per cwt · actual wt
8	500–550	521	251.00–260.00	256.48
6	550–600	590	275.00	275.00
13	600–650	639	222.50–259.00	242.38
Heifers — Medium and Large 1 · Fancy$ per cwt · actual wt
18	400–450	419	338.00	338.00
12	500–550	506	320.00	320.00
13	750–800	762	240.00	240.00
Heifers — Medium and Large 1$ per cwt · actual wt
7	300–350	327	331.00–335.00	332.71
15	350–400	380	302.50–327.50	317.11
8	400–450	416	287.50–306.00	296.46
70	450–500	471	308.00–330.00	317.90
86	500–550	525	277.50–297.50	286.05
208	550–600	571	255.00–290.00	272.79
259	600–650	628	246.00–271.50	260.06
242	650–700	671	241.00–267.50	259.78
244	700–750	724	232.50–255.50	247.09
57	750–800	782	214.00–223.50	221.99
38	800–850	810	215.00–232.00	220.91
16	850–900	852	212.00	212.00
10	900–950	932	206.00–208.00	207.02
Heifers — Large 1$ per cwt · actual wt
5	1000–1050	1,004	201.00	201.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
6	400–450	426	267.50–275.00	271.17
8	450–500	477	270.00–285.00	279.22
32	500–550	535	250.00–262.50	255.58
13	550–600	591	246.00	246.00
15	600–650	602	242.00	242.00
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
47	350–400	371	325.00–338.00	336.37
14	400–450	406	295.00–307.50	302.12
31	500–550	507	267.50–300.00	296.85
6	550–600	595	244.00	244.00
3	700–750	705	222.50	222.50

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