Name: Russell Livestock Auction - Iowa livestock auction prices — 2024-08-26
Creator: RaisedBeef
Published: 2024-08-26

Reporter comment USDA

As filed

No recent auction sale for comparison. Demand was good today. Supply was heavy and included several load lots of reputation yearling steer cattle.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $292.77/cwt on 79 head. That ranks 1 of 15 comparable sales and sits −194.12 against this barn's trailing median of $486.89.

Average price

$292.77

79 head · 560 lb average

Value per head Derived

$1,640

Price × average weight ÷ 100

Grade differential Derived

$65

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

$25.80/cwt at this weight

vs the market

−1.64

vs IA average

+24.22 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	551	301.26	1,660	53
Medium and Large 1-2	579	275.47	1,595	26

One grade step is worth $25.80/cwt here — about $65 a head. Across this sale the premium is widest at 400–500 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 sale79 hd

292.77

—

IA average4 barns · 290 hd

294.42

−1.64

National average155 barns · 6,455 hd

268.55

+24.22

This barn, trailing median15 sales

486.89

−194.12

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

55 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	350–400	392	323.70/cwt	320.00–332.50	1,269	13
Steers	Medium and Large 1-2	600–650	612	270.37/cwt	265.00–273.00	1,655	9
Steers	Medium and Large 1	400–450	434	339.00/cwt	339.00–339.00	1,471	5
Steers	Medium and Large 1	450–500	488	320.75/cwt	315.00–328.00	1,565	37
Steers	Medium and Large 1	700–750	725	259.86/cwt	247.00–267.00	1,884	240
Steers	Medium and Large 1	800–850	822	252.83/cwt	236.00–258.00	2,078	426
Steers	Medium and Large 1	750–800	775	258.99/cwt	255.00–259.85	2,007	104
Steers	Medium and Large 1-2	300–350	326	292.50/cwt	292.50–292.50	954	3
Steers	Medium and Large 1	900–950	932	234.21/cwt	233.00–234.75	2,183	126
Steers	Medium and Large 1-2	550–600	592	278.46/cwt	275.00–282.00	1,648	22
Steers	Medium and Large 1	950–1000	987	226.67/cwt	225.25–230.50	2,237	261
Steers	Medium and Large 1	500–550	508	295.00/cwt	295.00–295.00	1,499	10
Steers	Medium and Large 1	600–650	627	283.94/cwt	281.00–287.00	1,780	37
Steers	Large 1	650–700	651	262.50/cwt	262.50–262.50	1,709	3
Steers	Medium and Large 1	650–700	667	277.41/cwt	266.00–281.50	1,850	69
Steers	Medium and Large 1	550–600	561	302.72/cwt	290.00–309.50	1,698	43
Steers	Medium and Large 1-2	450–500	483	262.00/cwt	262.00–262.00	1,265	29
Steers	Medium and Large 1-2	500–550	507	259.00/cwt	259.00–259.00	1,313	4
Steers	Medium and Large 1-2	400–450	423	284.00/cwt	284.00–284.00	1,201	9
Steers	Medium and Large 1	850–900	871	246.82/cwt	231.00–253.50	2,150	381
Steers	Medium and Large 1-2	700–750	729	237.50/cwt	237.50–237.50	1,731	25
Heifers	Medium and Large 1	800–850	802	235.25/cwt	235.25–235.25	1,887	45
Heifers	Medium and Large 1	950–1000	970	209.00/cwt	209.00–209.00	2,027	11
Heifers	Medium and Large 1	750–800	777	230.03/cwt	222.50–237.00	1,787	221
Heifers	Medium and Large 1	600–650	616	271.24/cwt	260.00–276.50	1,671	124
Heifers	Medium and Large 1Fleshy	550–600	592	269.00/cwt	269.00–269.00	1,592	7
Bulls	Large 1	900–950	900	211.00/cwt	211.00–211.00	1,899	3
Heifers	Medium and Large 1	900–950	945	208.00/cwt	208.00–208.00	1,966	4
Heifers	Medium and Large 1	550–600	571	286.55/cwt	283.00–289.00	1,636	55
Heifers	Medium and Large 1	650–700	690	244.93/cwt	237.50–256.00	1,690	139
Heifers	Medium and Large 1	700–750	710	240.79/cwt	236.00–248.50	1,710	93
Heifers	Medium and Large 1	500–550	538	284.99/cwt	279.00–285.50	1,533	39
Heifers	Large 1	1000–1050	1,018	199.00/cwt	199.00–199.00	2,026	4
Heifers	Large 1	550–600	588	270.00/cwt	270.00–270.00	1,588	4
Heifers	Medium and Large 1	450–500	483	284.17/cwt	282.00–292.00	1,373	19
Heifers	Large 1	700–750	749	233.00/cwt	233.00–233.00	1,745	18
Heifers	Medium and Large 1	850–900	861	219.44/cwt	218.00–220.00	1,889	11
Heifers	Medium and Large 1-2	550–600	599	264.00/cwt	264.00–264.00	1,581	10
Heifers	Medium and Large 1	400–450	419	295.00/cwt	295.00–295.00	1,236	11
Heifers	Large 1	750–800	794	229.00/cwt	229.00–229.00	1,818	6
Heifers	Medium and Large 1-2	400–450	420	225.00/cwt	225.00–225.00	945	8
Heifers	Medium and Large 1-2	650–700	664	219.98/cwt	213.00–231.00	1,461	16
Heifers	Medium and Large 1-2	450–500	490	266.90/cwt	260.00–268.00	1,308	27
Steers	Large 1	750–800	766	252.00/cwt	252.00–252.00	1,930	3
Heifers	Medium and Large 1-2	700–750	710	224.00/cwt	224.00–224.00	1,590	3
Steers	Medium and Large 1Fleshy	450–500	485	318.00/cwt	318.00–318.00	1,542	7
Steers	Medium and Large 1Fancy	600–650	600	303.00/cwt	303.00–303.00	1,818	28
Heifers	Medium and Large 1-2	350–400	362	249.00/cwt	249.00–249.00	901	5
Heifers	Medium and Large 1-2	600–650	618	237.10/cwt	235.00–244.00	1,465	21
Steers	Medium and Large 1	1100–1150	1,111	216.25/cwt	216.25–216.25	2,403	50
Heifers	Medium and Large 1-2	500–550	516	255.00/cwt	255.00–255.00	1,316	20
Steers	Large 1	1050–1100	1,078	217.88/cwt	216.75–219.00	2,349	98
Steers	Large 1	1000–1050	1,023	217.50/cwt	217.50–217.50	2,225	23
Steers	Large 1	800–850	800	231.00/cwt	231.00–231.00	1,848	7
Steers	Large 1	950–1000	951	224.00/cwt	224.00–224.00	2,130	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 Aug 26, 2024

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

Receipts 3,165Last week 1,207Year ago 1,259

No recent auction sale for comparison. Demand was good today. Supply was heavy and included several load lots of reputation yearling steer cattle.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
13	350–400	392	320.00–332.50	323.70
5	400–450	434	339.00	339.00
37	450–500	488	315.00–328.00	320.75
10	500–550	508	295.00	295.00
43	550–600	561	290.00–309.50	302.72
37	600–650	627	281.00–287.00	283.94
69	650–700	667	266.00–281.50	277.41
240	700–750	725	247.00–267.00	259.86
104	750–800	775	255.00–259.85	258.99
426	800–850	822	236.00–258.00	252.83
381	850–900	871	231.00–253.50	246.82
126	900–950	932	233.00–234.75	234.21
261	950–1000	987	225.25–230.50	226.67
50	1100–1150	1,111	216.25	216.25
Steers — Medium and Large 1-2$ per cwt · actual wt
3	300–350	326	292.50	292.50
9	400–450	423	284.00	284.00
29	450–500	483	262.00	262.00
4	500–550	507	259.00	259.00
22	550–600	592	275.00–282.00	278.46
9	600–650	612	265.00–273.00	270.37
25	700–750	729	237.50	237.50
Steers — Large 1$ per cwt · actual wt
3	650–700	651	262.50	262.50
3	750–800	766	252.00	252.00
7	800–850	800	231.00	231.00
3	950–1000	951	224.00	224.00
23	1000–1050	1,023	217.50	217.50
98	1050–1100	1,078	216.75–219.00	217.88
Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt
7	450–500	485	318.00	318.00
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
28	600–650	600	303.00	303.00
Heifers — Medium and Large 1$ per cwt · actual wt
11	400–450	419	295.00	295.00
19	450–500	483	282.00–292.00	284.17
39	500–550	538	279.00–285.50	284.99
55	550–600	571	283.00–289.00	286.55
124	600–650	616	260.00–276.50	271.24
139	650–700	690	237.50–256.00	244.93
93	700–750	710	236.00–248.50	240.79
221	750–800	777	222.50–237.00	230.03
45	800–850	802	235.25	235.25
11	850–900	861	218.00–220.00	219.44
4	900–950	945	208.00	208.00
11	950–1000	970	209.00	209.00
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
7	550–600	592	269.00	269.00
Heifers — Large 1$ per cwt · actual wt
4	550–600	588	270.00	270.00
18	700–750	749	233.00	233.00
6	750–800	794	229.00	229.00
4	1000–1050	1,018	199.00	199.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
5	350–400	362	249.00	249.00
8	400–450	420	225.00	225.00
27	450–500	490	260.00–268.00	266.90
20	500–550	516	255.00	255.00
10	550–600	599	264.00	264.00
21	600–650	618	235.00–244.00	237.10
16	650–700	664	213.00–231.00	219.98
3	700–750	710	224.00	224.00
Bulls — Large 1$ per cwt · actual wt
3	900–950	900	211.00	211.00

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

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Russell Livestock Auction - Iowa