Name: Russell Livestock Auction - Iowa livestock auction prices — 2024-06-24
Creator: RaisedBeef
Published: 2024-06-24

Reporter comment USDA

As filed

No recent auction sale for comparison. Demand was moderate and included several load lots that were seen with very good demand. Supply was moderate.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $316.10/cwt on 123 head. That ranks 1 of 15 comparable sales and sits −170.79 against this barn's trailing median of $486.89.

Average price

$316.10

123 head · 545 lb average

Value per head Derived

$1,722

Price × average weight ÷ 100

Grade differential Derived

$294

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

$57.70/cwt at this weight

vs the market

+2.97

vs IA average

+16.84 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	543	326.89	1,776	100
Medium and Large 1-2	551	269.19	1,483	23

One grade step is worth $57.70/cwt here — about $294 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 sale123 hd

316.10

—

IA average2 barns · 175 hd

313.13

+2.97

National average143 barns · 6,512 hd

299.26

+16.84

This barn, trailing median15 sales

486.89

−170.79

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

40 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
Bulls	Medium and Large 1	650–700	688	249.45/cwt	247.50–250.00	1,716	13
Heifers	Large 1	600–650	642	273.00/cwt	273.00–273.00	1,753	24
Heifers	Medium and Large 1	400–450	419	345.00/cwt	345.00–345.00	1,446	24
Heifers	Medium and Large 1	700–750	709	245.00/cwt	245.00–245.00	1,737	6
Heifers	Medium and Large 1	650–700	667	267.80/cwt	259.00–275.00	1,786	43
Heifers	Medium and Large 1	950–1000	954	215.00/cwt	215.00–215.00	2,051	63
Steers	Medium and Large 1Thin Fleshed	600–650	602	316.00/cwt	316.00–316.00	1,902	14
Steers	Medium and Large 1-2	450–500	473	306.55/cwt	275.00–325.00	1,450	8
Steers	Medium and Large 1	1050–1100	1,050	227.00/cwt	227.00–227.00	2,384	50
Steers	Medium and Large 1	550–600	571	315.32/cwt	302.00–325.00	1,800	31
Steers	Medium and Large 1-2	550–600	568	266.35/cwt	241.00–294.00	1,513	14
Steers	Medium and Large 1-2	650–700	685	261.21/cwt	247.00–267.50	1,789	16
Steers	Medium and Large 1	400–450	430	375.91/cwt	367.50–381.00	1,616	10
Steers	Medium and Large 1	700–750	720	277.84/cwt	262.00–285.00	2,000	52
Steers	Medium and Large 1	750–800	777	260.16/cwt	247.00–266.50	2,021	42
Steers	Medium and Large 1-2	500–550	524	273.62/cwt	257.50–305.00	1,434	9
Steers	Medium and Large 1	800–850	833	269.00/cwt	269.00–269.00	2,241	65
Steers	Medium and Large 1	850–900	887	245.73/cwt	245.00–255.00	2,180	41
Steers	Large 1	750–800	778	260.00/cwt	260.00–260.00	2,023	10
Steers	Large 1	700–750	710	284.00/cwt	284.00–284.00	2,016	16
Steers	Medium and Large 1-2	600–650	638	277.50/cwt	277.50–277.50	1,770	13
Steers	Medium and Large 1	600–650	621	305.53/cwt	285.00–310.00	1,897	115
Steers	Medium and Large 1	500–550	531	332.09/cwt	321.00–344.50	1,763	69
Steers	Medium and Large 1	350–400	376	395.00/cwt	395.00–395.00	1,485	7
Heifers	Medium and Large 1	750–800	772	255.43/cwt	239.50–261.75	1,972	148
Heifers	Medium and Large 1-2	450–500	470	274.92/cwt	253.00–302.50	1,292	9
Steers	Medium and Large 1	450–500	484	353.85/cwt	346.00–370.00	1,713	53
Steers	Medium and Large 1	650–700	668	293.17/cwt	283.00–300.00	1,958	54
Heifers	Medium and Large 1	500–550	530	307.97/cwt	300.00–320.00	1,632	24
Steers	Medium and Large 1Fancy	750–800	754	283.00/cwt	283.00–283.00	2,134	15
Heifers	Medium and Large 1	550–600	588	287.63/cwt	271.00–290.50	1,691	109
Heifers	Medium and Large 1	350–400	368	382.45/cwt	370.00–392.50	1,407	7
Steers	Large 1	600–650	626	278.00/cwt	278.00–278.00	1,740	5
Steers	Medium and Large 1-2	400–450	440	336.44/cwt	327.50–340.00	1,480	17
Heifers	Medium and Large 1-2	550–600	579	255.17/cwt	232.50–265.00	1,477	16
Heifers	Medium and Large 1	450–500	459	330.20/cwt	317.50–340.00	1,516	58
Heifers	Medium and Large 1	600–650	619	279.85/cwt	273.00–294.00	1,732	24
Heifers	Medium and Large 1-2	800–850	820	235.00/cwt	235.00–235.00	1,927	5
Heifers	Medium and Large 1Thin Fleshed	550–600	576	305.00/cwt	305.00–305.00	1,757	35
Heifers	Medium and Large 1	800–850	807	243.79/cwt	243.75–244.00	1,967	43

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 24, 2024

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

Receipts 1,504Last week 1,500Year ago 1,769

No recent auction sale for comparison. Demand was moderate and included several load lots that were seen with very good demand. Supply was moderate.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
13	650–700	688	247.50–250.00	249.45
Heifers — Large 1$ per cwt · actual wt
24	600–650	642	273.00	273.00
Heifers — Medium and Large 1$ per cwt · actual wt
7	350–400	368	370.00–392.50	382.45
24	400–450	419	345.00	345.00
58	450–500	459	317.50–340.00	330.20
24	500–550	530	300.00–320.00	307.97
109	550–600	588	271.00–290.50	287.63
24	600–650	619	273.00–294.00	279.85
43	650–700	667	259.00–275.00	267.80
6	700–750	709	245.00	245.00
148	750–800	772	239.50–261.75	255.43
43	800–850	807	243.75–244.00	243.79
63	950–1000	954	215.00	215.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
9	450–500	470	253.00–302.50	274.92
16	550–600	579	232.50–265.00	255.17
5	800–850	820	235.00	235.00
Heifers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
35	550–600	576	305.00	305.00
Steers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
14	600–650	602	316.00	316.00
Steers — Medium and Large 1-2$ per cwt · actual wt
17	400–450	440	327.50–340.00	336.44
8	450–500	473	275.00–325.00	306.55
9	500–550	524	257.50–305.00	273.62
14	550–600	568	241.00–294.00	266.35
13	600–650	638	277.50	277.50
16	650–700	685	247.00–267.50	261.21
Steers — Medium and Large 1$ per cwt · actual wt
7	350–400	376	395.00	395.00
10	400–450	430	367.50–381.00	375.91
53	450–500	484	346.00–370.00	353.85
69	500–550	531	321.00–344.50	332.09
31	550–600	571	302.00–325.00	315.32
115	600–650	621	285.00–310.00	305.53
54	650–700	668	283.00–300.00	293.17
52	700–750	720	262.00–285.00	277.84
42	750–800	777	247.00–266.50	260.16
65	800–850	833	269.00	269.00
41	850–900	887	245.00–255.00	245.73
50	1050–1100	1,050	227.00	227.00
Steers — Large 1$ per cwt · actual wt
5	600–650	626	278.00	278.00
16	700–750	710	284.00	284.00
10	750–800	778	260.00	260.00
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
15	750–800	754	283.00	283.00

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.

Feeder Cattle — prices, barns, and planning

Fed Cattle — the cash market and what quality pays

Beef & Retail — from the box to the grocery shelf

Feed & Hay — the cost side, cash not futures

Cows & Bred Stock — the rebuild market

More

Russell Livestock Auction - Iowa