Name: Russell Livestock Auction - Iowa livestock auction prices — 2024-07-15
Creator: RaisedBeef
Published: 2024-07-15

Reporter comment USDA

As filed

No recent auction sale for comparison. Demand was moderate and included a few load lots. Supply was also moderate today.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $318.66/cwt on 143 head. That ranks 1 of 15 comparable sales and sits −168.23 against this barn's trailing median of $486.89.

Average price

$318.66

143 head · 543 lb average

Value per head Derived

$1,732

Price × average weight ÷ 100

Grade differential Derived

$211

per head · Medium and Large 1 over Large 1

$66.25/cwt at this weight

vs the market

+0.00

vs IA average

+27.57 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	529	337.25	1,783	85
Medium and Large 1-2	562	294.68	1,657	50
Large 1	580	271.00	1,572	8thin

One grade step is worth $66.25/cwt here — about $211 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 sale143 hd

318.66

—

IA average1 barns · 143 hd

318.66

+0.00

National average156 barns · 5,844 hd

291.09

+27.57

This barn, trailing median15 sales

486.89

−168.23

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

45 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	450–500	456	352.46/cwt	347.00–367.50	1,607	24
Steers	Medium and Large 1	400–450	421	361.54/cwt	360.00–362.00	1,522	18
Steers	Medium and Large 1	850–900	855	264.75/cwt	264.75–264.75	2,264	64
Bulls	Medium and Large 1	350–400	383	340.00/cwt	340.00–340.00	1,302	4
Bulls	Medium and Large 1	800–850	810	210.00/cwt	210.00–210.00	1,701	4
Bulls	Medium and Large 1	550–600	592	270.00/cwt	270.00–270.00	1,598	5
Heifers	Large 1	850–900	858	229.00/cwt	229.00–229.00	1,965	3
Heifers	Large 1	400–450	436	307.00/cwt	307.00–307.00	1,339	5
Heifers	Large 1	550–600	581	272.00/cwt	272.00–272.00	1,580	8
Steers	Medium and Large 1-2	700–750	724	240.27/cwt	235.00–252.00	1,740	13
Steers	Medium and Large 1-2	500–550	540	289.72/cwt	274.00–293.00	1,564	22
Steers	Medium and Large 1	650–700	668	286.42/cwt	272.00–290.00	1,913	68
Steers	Medium and Large 1-2	650–700	655	268.00/cwt	266.00–270.00	1,755	8
Steers	Medium and Large 1Thin Fleshed	500–550	515	360.00/cwt	360.00–360.00	1,854	27
Steers	Medium and Large 1	350–400	352	382.50/cwt	382.50–382.50	1,346	7
Steers	Medium and Large 1-2	400–450	441	347.15/cwt	345.00–347.50	1,531	26
Steers	Medium and Large 1-2	450–500	484	315.13/cwt	299.00–327.50	1,525	26
Steers	Medium and Large 1	600–650	611	324.31/cwt	308.00–334.00	1,982	65
Steers	Medium and Large 1	550–600	573	318.76/cwt	313.00–330.00	1,826	22
Steers	Medium and Large 1-2	550–600	580	298.58/cwt	285.00–304.00	1,732	28
Steers	Medium and Large 1	500–550	512	331.49/cwt	329.00–338.00	1,697	36
Heifers	Medium and Large 1Thin Fleshed	500–550	515	321.00/cwt	321.00–321.00	1,653	8
Heifers	Medium and Large 1Thin Fleshed	350–400	398	356.00/cwt	356.00–356.00	1,417	3
Heifers	Medium and Large 1	600–650	631	268.62/cwt	265.00–273.00	1,695	46
Heifers	Large 1	700–750	708	249.00/cwt	249.00–249.00	1,763	28
Heifers	Medium and Large 1-2	400–450	426	300.00/cwt	300.00–300.00	1,278	6
Heifers	Medium and Large 1-2	300–350	336	305.00/cwt	305.00–305.00	1,025	3
Heifers	Medium and Large 1	550–600	582	266.89/cwt	261.00–270.00	1,553	58
Steers	Large 1	800–850	826	244.50/cwt	244.50–244.50	2,020	21
Steers	Large 1	650–700	695	265.00/cwt	265.00–265.00	1,842	12
Steers	Large 1	550–600	580	271.00/cwt	271.00–271.00	1,572	8
Heifers	Medium and Large 1	750–800	781	242.00/cwt	242.00–242.00	1,890	30
Heifers	Medium and Large 1	450–500	477	320.28/cwt	311.00–322.00	1,528	63
Heifers	Medium and Large 1	350–400	380	337.08/cwt	327.50–350.00	1,281	7
Steers	Medium and Large 1-2	750–800	795	237.50/cwt	237.50–237.50	1,888	3
Steers	Medium and Large 1-2	300–350	311	350.00/cwt	350.00–350.00	1,089	3
Steers	Medium and Large 1	750–800	754	259.00/cwt	259.00–259.00	1,953	8
Heifers	Medium and Large 1	700–750	702	247.02/cwt	247.00–247.50	1,734	67
Heifers	Medium and Large 1	850–900	895	225.00/cwt	225.00–225.00	2,014	9
Heifers	Medium and Large 1	400–450	447	322.50/cwt	322.50–322.50	1,442	7
Steers	Medium and Large 1-2	600–650	620	281.39/cwt	250.00–291.00	1,745	13
Steers	Medium and Large 1	700–750	741	273.07/cwt	260.00–278.00	2,023	80
Steers	Medium and Large 1	800–850	834	256.73/cwt	246.00–258.50	2,141	72
Heifers	Medium and Large 1	500–550	526	292.18/cwt	287.50–306.00	1,537	29
Heifers	Medium and Large 1	800–850	836	229.00/cwt	229.00–229.00	1,914	10

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 Jul 15, 2024

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

Receipts 1,207Last week 1,504Year ago 1,481

No recent auction sale for comparison. Demand was moderate and included a few load lots. Supply was also moderate today.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
7	350–400	352	382.50	382.50
18	400–450	421	360.00–362.00	361.54
24	450–500	456	347.00–367.50	352.46
36	500–550	512	329.00–338.00	331.49
22	550–600	573	313.00–330.00	318.76
65	600–650	611	308.00–334.00	324.31
68	650–700	668	272.00–290.00	286.42
80	700–750	741	260.00–278.00	273.07
8	750–800	754	259.00	259.00
72	800–850	834	246.00–258.50	256.73
64	850–900	855	264.75	264.75
Steers — Medium and Large 1-2$ per cwt · actual wt
3	300–350	311	350.00	350.00
26	400–450	441	345.00–347.50	347.15
26	450–500	484	299.00–327.50	315.13
22	500–550	540	274.00–293.00	289.72
28	550–600	580	285.00–304.00	298.58
13	600–650	620	250.00–291.00	281.39
8	650–700	655	266.00–270.00	268.00
13	700–750	724	235.00–252.00	240.27
3	750–800	795	237.50	237.50
Steers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
27	500–550	515	360.00	360.00
Steers — Large 1$ per cwt · actual wt
8	550–600	580	271.00	271.00
12	650–700	695	265.00	265.00
21	800–850	826	244.50	244.50
Bulls — Medium and Large 1$ per cwt · actual wt
4	350–400	383	340.00	340.00
5	550–600	592	270.00	270.00
4	800–850	810	210.00	210.00
Heifers — Large 1$ per cwt · actual wt
5	400–450	436	307.00	307.00
8	550–600	581	272.00	272.00
28	700–750	708	249.00	249.00
3	850–900	858	229.00	229.00
Heifers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
3	350–400	398	356.00	356.00
8	500–550	515	321.00	321.00
Heifers — Medium and Large 1$ per cwt · actual wt
7	350–400	380	327.50–350.00	337.08
7	400–450	447	322.50	322.50
63	450–500	477	311.00–322.00	320.28
29	500–550	526	287.50–306.00	292.18
58	550–600	582	261.00–270.00	266.89
46	600–650	631	265.00–273.00	268.62
67	700–750	702	247.00–247.50	247.02
30	750–800	781	242.00	242.00
10	800–850	836	229.00	229.00
9	850–900	895	225.00	225.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
3	300–350	336	305.00	305.00
6	400–450	426	300.00	300.00

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