Name: Russell Livestock Auction - Iowa livestock auction prices — 2024-03-18
Creator: RaisedBeef
Published: 2024-03-18

Reporter comment USDA

As filed

Compared to two weeks ago fly-weight steers sold sharply higher on the day, 500 to 650 lbs sold 10.00 to 12.00 higher and over 700 lbs sold 5.00 to 8.00 higher. Fly-weight heifers followed the same trend as their brothers selling sharpy higher on the day. With all other weights of heifers 3.00 to 8.00 higher. Demand was good to very good for mostly longtime weaned steers and heifers with most carrying one of the Iowa's wean vaccination program tags. Mostly packages with few loads on the day. Large crowd of buyers on hand and they bid readily from start to finish. Higher CME live cattle boards on the day and skipping a sale last week helped propel the market higher throughout the day.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $327.98/cwt on 321 head. That ranks 1 of 15 comparable sales and sits −158.91 against this barn's trailing median of $486.89.

Average price

$327.98

321 head · 577 lb average

Value per head Derived

$1,894

Price × average weight ÷ 100

Grade differential Derived

$301

per head · Medium and Large 1 over Large 1

$49.77/cwt at this weight

vs the market

−6.78

vs IA average

+9.69 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	580	332.57	1,930	208
Medium and Large 1-2	571	326.51	1,865	95
Large 1	576	282.80	1,629	18thin

One grade step is worth $49.77/cwt here — about $301 a head. Across this sale the premium is widest at 500–600 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 sale321 hd

327.98

—

IA average4 barns · 845 hd

334.76

−6.78

National average173 barns · 12,551 hd

318.29

+9.69

This barn, trailing median15 sales

486.89

−158.91

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

61 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	550–600	583	322.60/cwt	301.00–329.00	1,881	70
Steers	Medium and Large 1	450–500	481	366.43/cwt	350.00–380.00	1,763	99
Steers	Medium and Large 1Fleshy	850–900	887	233.03/cwt	230.00–235.50	2,067	76
Steers	Medium and Large 1	700–750	712	284.51/cwt	278.00–287.75	2,026	129
Steers	Medium and Large 1	500–550	537	347.82/cwt	343.50–357.00	1,868	15
Steers	Medium and Large 1	750–800	767	266.79/cwt	259.75–275.00	2,046	180
Steers	Medium and Large 1	900–950	926	239.33/cwt	235.50–240.25	2,216	133
Steers	Medium and Large 1	800–850	821	258.39/cwt	256.00–260.75	2,121	121
Steers	Medium and Large 1	850–900	865	241.29/cwt	239.50–241.75	2,087	49
Steers	Medium and Large 1-2	700–750	742	274.00/cwt	274.00–274.00	2,033	7
Steers	Medium and Large 1	650–700	676	297.90/cwt	290.50–312.00	2,014	195
Steers	Medium and Large 1-2	350–400	388	377.31/cwt	370.00–385.00	1,464	6
Steers	Medium and Large 1-2	400–450	439	327.54/cwt	322.50–330.00	1,438	21
Steers	Medium and Large 1-2	650–700	684	287.01/cwt	280.00–289.00	1,963	41
Steers	Medium and Large 1-2	450–500	475	350.39/cwt	325.00–357.00	1,664	70
Steers	Medium and Large 1Thin Fleshed	400–450	427	386.00/cwt	386.00–386.00	1,648	10
Steers	Medium and Large 1	400–450	419	355.27/cwt	350.00–357.00	1,489	12
Steers	Medium and Large 1Unweaned	450–500	481	307.22/cwt	302.50–309.00	1,478	11
Steers	Medium and Large 1-2Thin Fleshed	500–550	538	337.45/cwt	337.00–339.00	1,815	25
Steers	Medium and Large 1-2	800–850	810	239.79/cwt	236.00–244.50	1,942	29
Steers	Medium and Large 1Unweaned	550–600	575	260.45/cwt	250.00–277.50	1,498	8
Steers	Medium and Large 1Thin Fleshed	650–700	654	314.50/cwt	314.50–314.50	2,057	25
Steers	Medium and Large 1-2	600–650	611	305.30/cwt	292.00–317.00	1,865	13
Steers	Medium and Large 1-2Thin Fleshed	600–650	622	311.57/cwt	309.50–312.50	1,938	30
Heifers	Large 1	600–650	639	246.00/cwt	246.00–246.00	1,572	17
Heifers	Large 1	550–600	586	241.00/cwt	241.00–241.00	1,412	8
Heifers	Medium and Large 1Fleshy	750–800	755	236.26/cwt	232.00–237.25	1,784	49
Heifers	Medium and Large 1Fleshy	850–900	857	218.50/cwt	218.50–218.50	1,873	17
Heifers	Medium and Large 1Fleshy	550–600	596	261.00/cwt	261.00–261.00	1,556	17
Heifers	Medium and Large 1Fleshy	650–700	695	234.50/cwt	234.50–234.50	1,630	8
Heifers	Medium and Large 1	750–800	765	238.87/cwt	234.50–241.00	1,827	91
Heifers	Medium and Large 1	350–400	366	370.00/cwt	370.00–370.00	1,354	6
Heifers	Medium and Large 1-2	500–550	539	267.96/cwt	250.00–287.00	1,444	61
Heifers	Large 1	750–800	784	232.00/cwt	232.00–232.00	1,819	23
Heifers	Medium and Large 1	800–850	828	228.00/cwt	228.00–228.00	1,888	53
Heifers	Medium and Large 1	950–1000	969	231.00/cwt	231.00–231.00	2,238	60
Heifers	Medium and Large 1	850–900	875	221.50/cwt	221.50–221.50	1,938	89
Heifers	Medium and Large 1-2	450–500	466	307.18/cwt	305.00–310.00	1,431	16
Heifers	Medium and Large 1-2	600–650	640	250.69/cwt	246.00–252.00	1,604	18
Heifers	Medium and Large 1	650–700	652	259.99/cwt	256.00–262.50	1,695	151
Heifers	Medium and Large 1-2Thin Fleshed	550–600	581	289.00/cwt	289.00–289.00	1,679	26
Heifers	Medium and Large 1	300–350	335	369.90/cwt	360.00–380.00	1,239	14
Heifers	Medium and Large 1	550–600	572	291.76/cwt	281.00–296.00	1,669	178
Heifers	Medium and Large 1-2	700–750	734	236.00/cwt	236.00–236.00	1,732	7
Heifers	Medium and Large 1	700–750	732	240.20/cwt	237.75–247.00	1,758	119
Heifers	Medium and Large 1	600–650	622	262.61/cwt	257.00–266.00	1,633	109
Heifers	Medium and Large 1Unweaned	450–500	472	273.16/cwt	260.00–287.00	1,289	10
Heifers	Medium and Large 1	400–450	416	330.53/cwt	325.00–340.00	1,375	23
Heifers	Medium and Large 1-2	400–450	438	298.50/cwt	280.00–317.50	1,307	36
Heifers	Medium and Large 1-2	550–600	580	257.08/cwt	250.00–266.00	1,491	22
Heifers	Medium and Large 1	500–550	525	298.88/cwt	290.00–315.00	1,569	69
Heifers	Medium and Large 1	450–500	471	321.00/cwt	319.00–324.00	1,512	37
Steers	Medium and Large 1Fleshy	750–800	787	256.00/cwt	256.00–256.00	2,015	25
Heifers	Medium and Large 1-2	350–400	390	337.11/cwt	337.00–337.50	1,315	14
Steers	Large 1	550–600	576	282.80/cwt	282.50–283.00	1,629	18
Steers	Medium and Large 1Fleshy	800–850	820	253.50/cwt	253.50–253.50	2,079	11
Steers	Medium and Large 1Fleshy	900–950	924	227.50/cwt	227.50–227.50	2,102	25
Heifers	Medium and Large 1Unweaned	500–550	511	280.00/cwt	280.00–280.00	1,431	9
Steers	Medium and Large 1	550–600	584	334.45/cwt	323.00–340.00	1,953	185
Heifers	Medium and Large 1-2	650–700	676	243.30/cwt	236.00–247.00	1,645	61
Steers	Medium and Large 1	600–650	624	324.16/cwt	316.50–332.00	2,023	161

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 18, 2024

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

Receipts 3,675Last week 3,782Year ago 4,129

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
6	350–400	388	370.00–385.00	377.31
21	400–450	439	322.50–330.00	327.54
70	450–500	475	325.00–357.00	350.39
70	550–600	583	301.00–329.00	322.60
13	600–650	611	292.00–317.00	305.30
41	650–700	684	280.00–289.00	287.01
7	700–750	742	274.00	274.00
29	800–850	810	236.00–244.50	239.79
Steers — Medium and Large 1$ per cwt · actual wt
12	400–450	419	350.00–357.00	355.27
99	450–500	481	350.00–380.00	366.43
15	500–550	537	343.50–357.00	347.82
185	550–600	584	323.00–340.00	334.45
161	600–650	624	316.50–332.00	324.16
195	650–700	676	290.50–312.00	297.90
129	700–750	712	278.00–287.75	284.51
180	750–800	767	259.75–275.00	266.79
121	800–850	821	256.00–260.75	258.39
49	850–900	865	239.50–241.75	241.29
133	900–950	926	235.50–240.25	239.33
Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt
25	750–800	787	256.00	256.00
11	800–850	820	253.50	253.50
76	850–900	887	230.00–235.50	233.03
25	900–950	924	227.50	227.50
Steers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
10	400–450	427	386.00	386.00
25	650–700	654	314.50	314.50
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
11	450–500	481	302.50–309.00	307.22
8	550–600	575	250.00–277.50	260.45
Steers — Medium and Large 1-2 · Thin Fleshed$ per cwt · actual wt
25	500–550	538	337.00–339.00	337.45
30	600–650	622	309.50–312.50	311.57
Steers — Large 1$ per cwt · actual wt
18	550–600	576	282.50–283.00	282.80
Heifers — Large 1$ per cwt · actual wt
8	550–600	586	241.00	241.00
17	600–650	639	246.00	246.00
23	750–800	784	232.00	232.00
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
17	550–600	596	261.00	261.00
8	650–700	695	234.50	234.50
49	750–800	755	232.00–237.25	236.26
17	850–900	857	218.50	218.50
Heifers — Medium and Large 1$ per cwt · actual wt
14	300–350	335	360.00–380.00	369.90
6	350–400	366	370.00	370.00
23	400–450	416	325.00–340.00	330.53
37	450–500	471	319.00–324.00	321.00
69	500–550	525	290.00–315.00	298.88
178	550–600	572	281.00–296.00	291.76
109	600–650	622	257.00–266.00	262.61
151	650–700	652	256.00–262.50	259.99
119	700–750	732	237.75–247.00	240.20
91	750–800	765	234.50–241.00	238.87
53	800–850	828	228.00	228.00
89	850–900	875	221.50	221.50
60	950–1000	969	231.00	231.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
14	350–400	390	337.00–337.50	337.11
36	400–450	438	280.00–317.50	298.50
16	450–500	466	305.00–310.00	307.18
61	500–550	539	250.00–287.00	267.96
22	550–600	580	250.00–266.00	257.08
18	600–650	640	246.00–252.00	250.69
61	650–700	676	236.00–247.00	243.30
7	700–750	734	236.00	236.00
Heifers — Medium and Large 1-2 · Thin Fleshed$ per cwt · actual wt
26	550–600	581	289.00	289.00
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
10	450–500	472	260.00–287.00	273.16
9	500–550	511	280.00	280.00

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