Name: Russell Livestock Auction - Iowa livestock auction prices — 2024-06-03
Creator: RaisedBeef
Published: 2024-06-03

Reporter comment USDA

As filed

Monday's sale to lightly test throughout the day for an adequate market comparison to last week. However, a lower undertone was noted. Monday's sale followed the downward trend the CME feeder and live cattle board has shown the public the last two weeks. Last week cash feedlot sales traded steady to 2.00 lower on a live basis from 188.00 to 192.00 and dressed sales sold 2.00 to 3.00 lower from 300.00 to 301.00.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $318.85/cwt on 124 head. That ranks 1 of 15 comparable sales and sits −168.04 against this barn's trailing median of $486.89.

Average price

$318.85

124 head · 558 lb average

Value per head Derived

$1,778

Price × average weight ÷ 100

Grade differential Derived

$218

per head · Medium and Large 1 over Large 1

$57.28/cwt at this weight

vs the market

−13.49

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	552	329.78	1,821	94
Medium and Large 1-2	573	287.02	1,645	25
Large 1	588	272.50	1,602	5thin

One grade step is worth $57.28/cwt here — about $218 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 sale124 hd

318.85

—

IA average3 barns · 397 hd

332.34

−13.49

National average164 barns · 13,053 hd

309.16

+9.69

This barn, trailing median15 sales

486.89

−168.04

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

53 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	800–850	826	255.00/cwt	255.00–255.00	2,106	39
Steers	Medium and Large 1	700–750	728	263.09/cwt	259.00–272.00	1,915	37
Steers	Medium and Large 1	750–800	759	252.60/cwt	244.00–260.50	1,917	20
Steers	Medium and Large 1-2	400–450	440	318.72/cwt	312.50–322.50	1,402	13
Steers	Medium and Large 1	600–650	632	300.93/cwt	288.00–322.50	1,902	78
Steers	Medium and Large 1-2	550–600	573	287.02/cwt	260.00–307.50	1,645	25
Steers	Medium and Large 1	650–700	668	283.49/cwt	277.00–289.00	1,894	74
Steers	Medium and Large 1	500–550	520	334.94/cwt	325.00–352.50	1,742	21
Steers	Medium and Large 1-2	600–650	643	272.00/cwt	272.00–272.00	1,749	5
Steers	Medium and Large 1Unweaned	850–900	859	237.00/cwt	237.00–237.00	2,036	4
Steers	Medium and Large 1-2	750–800	788	225.00/cwt	225.00–225.00	1,773	5
Steers	Medium and Large 1Unweaned	350–400	399	372.50/cwt	372.50–372.50	1,486	9
Steers	Medium and Large 1-2Unweaned	300–350	339	355.00/cwt	355.00–355.00	1,203	4
Steers	Medium and Large 1Thin Fleshed	650–700	688	303.50/cwt	303.50–303.50	2,088	65
Steers	Medium and Large 1-2	650–700	677	260.56/cwt	239.00–272.00	1,764	31
Steers	Medium and Large 1-2	350–400	380	353.67/cwt	335.00–370.00	1,344	29
Steers	Large 1Unweaned	550–600	588	272.50/cwt	272.50–272.50	1,602	5
Steers	Medium and Large 1Unweaned	400–450	447	327.50/cwt	327.50–327.50	1,464	3
Steers	Medium and Large 1Unweaned	500–550	519	320.80/cwt	310.00–327.50	1,665	24
Steers	Medium and Large 1Unweaned	600–650	603	275.00/cwt	275.00–275.00	1,658	11
Heifers	Medium and Large 1	350–400	372	367.34/cwt	350.00–375.00	1,367	16
Heifers	Medium and Large 1	300–350	335	392.50/cwt	392.50–392.50	1,315	4
Heifers	Large 1	1050–1100	1,078	195.00/cwt	195.00–195.00	2,102	3
Bulls	Medium and Large 1	350–400	388	360.00/cwt	360.00–360.00	1,397	5
Bulls	Medium and Large 1	450–500	461	335.00/cwt	335.00–335.00	1,544	9
Bulls	Medium and Large 1	300–350	316	340.00/cwt	340.00–340.00	1,074	4
Steers	Medium and Large 1-2	450–500	496	288.00/cwt	288.00–288.00	1,428	4
Heifers	Medium and Large 1Unweaned	600–650	613	265.00/cwt	265.00–265.00	1,624	6
Steers	Medium and Large 1	550–600	582	331.97/cwt	317.50–347.50	1,932	49
Steers	Medium and Large 1	950–1000	954	225.00/cwt	225.00–225.00	2,147	4
Steers	Medium and Large 1	850–900	866	235.08/cwt	227.50–241.00	2,036	7
Steers	Medium and Large 1	300–350	303	437.50/cwt	437.50–437.50	1,326	9
Steers	Medium and Large 1	400–450	446	385.00/cwt	385.00–385.00	1,717	13
Heifers	Medium and Large 1-2	600–650	632	251.00/cwt	251.00–251.00	1,586	6
Steers	Medium and Large 1	450–500	487	350.06/cwt	344.00–370.00	1,705	39
Heifers	Medium and Large 1-2Unweaned	450–500	496	267.50/cwt	267.50–267.50	1,327	4
Heifers	Medium and Large 1-2Unweaned	550–600	553	230.00/cwt	230.00–230.00	1,272	5
Heifers	Medium and Large 1-2	350–400	375	334.00/cwt	334.00–334.00	1,253	4
Heifers	Medium and Large 1Unweaned	450–500	472	300.00/cwt	300.00–300.00	1,416	18
Heifers	Medium and Large 1	400–450	412	325.52/cwt	315.00–335.00	1,341	21
Steers	Medium and Large 1Fleshy	700–750	732	265.00/cwt	265.00–265.00	1,940	3
Heifers	Medium and Large 1	450–500	483	311.33/cwt	308.00–322.50	1,504	23
Heifers	Medium and Large 1-2	400–450	424	305.00/cwt	305.00–305.00	1,293	4
Heifers	Medium and Large 1-2	550–600	571	260.35/cwt	250.00–267.50	1,487	12
Heifers	Medium and Large 1-2	500–550	532	267.96/cwt	242.00–287.50	1,426	7
Heifers	Medium and Large 1	750–800	751	243.50/cwt	243.50–243.50	1,829	32
Heifers	Medium and Large 1-2	450–500	472	281.25/cwt	273.00–290.00	1,328	8
Heifers	Medium and Large 1	700–750	703	253.32/cwt	244.00–255.00	1,781	26
Heifers	Medium and Large 1-2	750–800	776	216.00/cwt	216.00–216.00	1,676	10
Heifers	Medium and Large 1	600–650	630	266.36/cwt	257.50–280.00	1,678	34
Heifers	Medium and Large 1	500–550	533	297.41/cwt	282.50–312.50	1,585	97
Heifers	Medium and Large 1	550–600	570	285.90/cwt	280.00–290.00	1,630	45
Heifers	Medium and Large 1	650–700	677	253.11/cwt	248.00–256.00	1,714	19

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 Jun 3, 2024

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

Receipts 1,500Last week 6,227Year ago 3,864

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
9	300–350	303	437.50	437.50
13	400–450	446	385.00	385.00
39	450–500	487	344.00–370.00	350.06
21	500–550	520	325.00–352.50	334.94
49	550–600	582	317.50–347.50	331.97
78	600–650	632	288.00–322.50	300.93
74	650–700	668	277.00–289.00	283.49
37	700–750	728	259.00–272.00	263.09
20	750–800	759	244.00–260.50	252.60
39	800–850	826	255.00	255.00
7	850–900	866	227.50–241.00	235.08
4	950–1000	954	225.00	225.00
Steers — Medium and Large 1-2$ per cwt · actual wt
29	350–400	380	335.00–370.00	353.67
13	400–450	440	312.50–322.50	318.72
4	450–500	496	288.00	288.00
25	550–600	573	260.00–307.50	287.02
5	600–650	643	272.00	272.00
31	650–700	677	239.00–272.00	260.56
5	750–800	788	225.00	225.00
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
9	350–400	399	372.50	372.50
3	400–450	447	327.50	327.50
24	500–550	519	310.00–327.50	320.80
11	600–650	603	275.00	275.00
4	850–900	859	237.00	237.00
Steers — Medium and Large 1-2 · Unweaned$ per cwt · actual wt
4	300–350	339	355.00	355.00
Steers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
65	650–700	688	303.50	303.50
Steers — Large 1 · Unweaned$ per cwt · actual wt
5	550–600	588	272.50	272.50
Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt
3	700–750	732	265.00	265.00
Heifers — Medium and Large 1$ per cwt · actual wt
4	300–350	335	392.50	392.50
16	350–400	372	350.00–375.00	367.34
21	400–450	412	315.00–335.00	325.52
23	450–500	483	308.00–322.50	311.33
97	500–550	533	282.50–312.50	297.41
45	550–600	570	280.00–290.00	285.90
34	600–650	630	257.50–280.00	266.36
19	650–700	677	248.00–256.00	253.11
26	700–750	703	244.00–255.00	253.32
32	750–800	751	243.50	243.50
Heifers — Large 1$ per cwt · actual wt
3	1050–1100	1,078	195.00	195.00
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
18	450–500	472	300.00	300.00
6	600–650	613	265.00	265.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
4	350–400	375	334.00	334.00
4	400–450	424	305.00	305.00
8	450–500	472	273.00–290.00	281.25
7	500–550	532	242.00–287.50	267.96
12	550–600	571	250.00–267.50	260.35
6	600–650	632	251.00	251.00
10	750–800	776	216.00	216.00
Heifers — Medium and Large 1-2 · Unweaned$ per cwt · actual wt
4	450–500	496	267.50	267.50
5	550–600	553	230.00	230.00
Bulls — Medium and Large 1$ per cwt · actual wt
4	300–350	316	340.00	340.00
5	350–400	388	360.00	360.00
9	450–500	461	335.00	335.00

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