Name: Russell Livestock Auction - Iowa livestock auction prices — 2024-09-23
Creator: RaisedBeef
Published: 2024-09-23

Reporter comment USDA

As filed

Compared to two weeks ago, 850 to 900 lb. steers sold mostly 8.00 higher, while other weights were steady to firm. Heifers sold with a higher undertone noted on last week's light test. Demand was very good today and they bid readily throughout the auction. Supply was heavy and included several load lots of reputation yearling cattle. A nice mix of cattle offered this week across many weight groups.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $286.06/cwt on 243 head. That ranks 1 of 15 comparable sales and sits −200.83 against this barn's trailing median of $486.89.

Average price

$286.06

243 head · 553 lb average

Value per head Derived

$1,582

Price × average weight ÷ 100

Grade differential Derived

$143

per head · Medium and Large 1 over Large 1

$35.64/cwt at this weight

vs the market

−9.54

vs IA average

+11.77 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	551	290.64	1,602	208
Medium and Large 1-2	556	262.88	1,462	17thin
Large 1	572	255.00	1,459	18thin

One grade step is worth $35.64/cwt here — about $143 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 sale243 hd

286.06

—

IA average6 barns · 1,373 hd

295.60

−9.54

National average169 barns · 10,664 hd

274.29

+11.77

This barn, trailing median15 sales

486.89

−200.83

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

48 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 1Unweaned	500–550	534	261.00/cwt	261.00–261.00	1,394	5
Heifers	Medium and Large 1Fleshy	350–400	383	290.00/cwt	290.00–290.00	1,111	5
Heifers	Large 1	500–550	534	246.00/cwt	246.00–246.00	1,314	6
Heifers	Medium and Large 1	650–700	693	252.38/cwt	237.50–254.00	1,749	102
Heifers	Medium and Large 1	950–1000	987	200.00/cwt	200.00–200.00	1,974	12
Heifers	Medium and Large 1	700–750	719	243.21/cwt	238.00–248.00	1,749	216
Steers	Medium and Large 1	850–900	869	244.69/cwt	226.00–247.25	2,126	296
Steers	Medium and Large 1-2Unweaned	500–550	508	270.00/cwt	270.00–270.00	1,372	5
Steers	Medium and Large 1Unweaned	500–550	525	296.97/cwt	279.00–306.00	1,559	54
Steers	Medium and Large 1Unweaned	450–500	457	316.94/cwt	310.00–329.00	1,448	59
Steers	Medium and Large 1Unweaned	550–600	565	286.25/cwt	282.00–295.00	1,617	93
Steers	Medium and Large 1Unweaned	350–400	376	382.54/cwt	370.00–395.00	1,438	15
Steers	Medium and Large 1-2Unweaned	350–400	385	352.50/cwt	352.50–352.50	1,357	7
Steers	Medium and Large 1-2Unweaned	550–600	576	259.91/cwt	257.50–261.00	1,497	12
Steers	Medium and Large 1Unweaned	650–700	692	242.50/cwt	242.50–242.50	1,678	5
Steers	Medium and Large 1Unweaned	600–650	619	260.00/cwt	260.00–260.00	1,609	10
Steers	Medium and Large 1	950–1000	975	226.33/cwt	223.50–229.00	2,207	86
Steers	Medium and Large 1Unweaned	400–450	420	319.92/cwt	316.00–335.00	1,344	19
Steers	Medium and Large 1	500–550	528	279.45/cwt	270.00–287.00	1,475	14
Steers	Medium and Large 1	750–800	777	254.95/cwt	240.00–261.25	1,981	352
Steers	Medium and Large 1	900–950	907	236.46/cwt	234.00–245.00	2,145	49
Steers	Medium and Large 1	800–850	815	251.29/cwt	249.00–252.00	2,048	72
Steers	Medium and Large 1	700–750	730	259.36/cwt	243.00–265.25	1,893	85
Steers	Medium and Large 1-2	400–450	433	310.00/cwt	310.00–310.00	1,342	8
Heifers	Medium and Large 1	400–450	437	289.99/cwt	286.00–301.00	1,267	31
Heifers	Medium and Large 1	450–500	480	281.28/cwt	270.00–292.00	1,350	22
Heifers	Medium and Large 1	850–900	863	222.21/cwt	219.75–226.00	1,918	145
Heifers	Medium and Large 1	600–650	625	253.58/cwt	242.50–257.50	1,585	112
Heifers	Medium and Large 1	550–600	578	257.21/cwt	255.00–260.00	1,487	9
Heifers	Medium and Large 1	750–800	771	238.25/cwt	230.50–244.25	1,837	281
Heifers	Medium and Large 1-2Unweaned	450–500	493	265.00/cwt	265.00–265.00	1,306	20
Heifers	Medium and Large 1	800–850	817	228.09/cwt	223.50–232.50	1,863	83
Heifers	Medium and Large 1-2	400–450	415	269.00/cwt	269.00–269.00	1,116	9
Heifers	Medium and Large 1-2	750–800	752	226.00/cwt	226.00–226.00	1,700	4
Heifers	Medium and Large 1-2	450–500	491	269.00/cwt	269.00–269.00	1,321	4
Heifers	Medium and Large 1	900–950	921	219.50/cwt	219.50–219.50	2,022	20
Steers	Medium and Large 1Fancy	450–500	493	331.00/cwt	331.00–331.00	1,632	20
Heifers	Medium and Large 1Unweaned	550–600	567	279.00/cwt	279.00–279.00	1,582	12
Heifers	Medium and Large 1Unweaned	350–400	361	310.41/cwt	298.00–318.00	1,121	29
Heifers	Medium and Large 1Unweaned	600–650	608	248.73/cwt	245.00–250.00	1,512	20
Heifers	Medium and Large 1Unweaned	450–500	479	291.07/cwt	283.00–302.50	1,394	139
Heifers	Medium and Large 1Unweaned	500–550	526	285.00/cwt	285.00–285.00	1,499	19
Steers	Medium and Large 1	600–650	632	265.95/cwt	265.00–268.00	1,681	12
Steers	Medium and Large 1	650–700	687	257.64/cwt	248.00–263.00	1,770	46
Steers	Medium and Large 1	550–600	585	272.76/cwt	269.00–280.00	1,596	14
Steers	Large 1	550–600	572	255.00/cwt	255.00–255.00	1,459	18
Steers	Large 1	400–450	426	262.50/cwt	262.50–262.50	1,118	4
Steers	Medium and Large 1Fancy	550–600	550	305.00/cwt	305.00–305.00	1,678	33

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 Sep 23, 2024

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

Receipts 2,806Last week 3,634Year ago 2,648

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1 · Unweaned$ per cwt · actual wt
5	500–550	534	261.00	261.00
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
5	350–400	383	290.00	290.00
Heifers — Large 1$ per cwt · actual wt
6	500–550	534	246.00	246.00
Heifers — Medium and Large 1$ per cwt · actual wt
31	400–450	437	286.00–301.00	289.99
22	450–500	480	270.00–292.00	281.28
9	550–600	578	255.00–260.00	257.21
112	600–650	625	242.50–257.50	253.58
102	650–700	693	237.50–254.00	252.38
216	700–750	719	238.00–248.00	243.21
281	750–800	771	230.50–244.25	238.25
83	800–850	817	223.50–232.50	228.09
145	850–900	863	219.75–226.00	222.21
20	900–950	921	219.50	219.50
12	950–1000	987	200.00	200.00
Heifers — Medium and Large 1-2 · Unweaned$ per cwt · actual wt
20	450–500	493	265.00	265.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
9	400–450	415	269.00	269.00
4	450–500	491	269.00	269.00
4	750–800	752	226.00	226.00
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
29	350–400	361	298.00–318.00	310.41
139	450–500	479	283.00–302.50	291.07
19	500–550	526	285.00	285.00
12	550–600	567	279.00	279.00
20	600–650	608	245.00–250.00	248.73
Steers — Medium and Large 1$ per cwt · actual wt
14	500–550	528	270.00–287.00	279.45
14	550–600	585	269.00–280.00	272.76
12	600–650	632	265.00–268.00	265.95
46	650–700	687	248.00–263.00	257.64
85	700–750	730	243.00–265.25	259.36
352	750–800	777	240.00–261.25	254.95
72	800–850	815	249.00–252.00	251.29
296	850–900	869	226.00–247.25	244.69
49	900–950	907	234.00–245.00	236.46
86	950–1000	975	223.50–229.00	226.33
Steers — Medium and Large 1-2 · Unweaned$ per cwt · actual wt
7	350–400	385	352.50	352.50
5	500–550	508	270.00	270.00
12	550–600	576	257.50–261.00	259.91
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
15	350–400	376	370.00–395.00	382.54
19	400–450	420	316.00–335.00	319.92
59	450–500	457	310.00–329.00	316.94
54	500–550	525	279.00–306.00	296.97
93	550–600	565	282.00–295.00	286.25
10	600–650	619	260.00	260.00
5	650–700	692	242.50	242.50
Steers — Medium and Large 1-2$ per cwt · actual wt
8	400–450	433	310.00	310.00
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
20	450–500	493	331.00	331.00
33	550–600	550	305.00	305.00
Steers — Large 1$ per cwt · actual wt
4	400–450	426	262.50	262.50
18	550–600	572	255.00	255.00

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