Name: Russell Livestock Auction - Iowa livestock auction prices — 2024-10-07
Creator: RaisedBeef
Published: 2024-10-07

Reporter comment USDA

As filed

Compared to two weeks ago, 750 to 850 lbs. steers sold mostly 3.00 to 6.00 higher, while other weight groups sold on a light test with a higher undertone noted. Heifers light offering this week sold steady. Demand was good today. Supply was moderate to heavy and included several load lots of reputation cattle.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $293.99/cwt on 320 head. That ranks 1 of 15 comparable sales and sits −192.90 against this barn's trailing median of $486.89.

Average price

$293.99

320 head · 551 lb average

Value per head Derived

$1,621

Price × average weight ÷ 100

Grade differential Derived

$111

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

$33.27/cwt at this weight

vs the market

−2.72

vs IA average

−0.32 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	529	299.68	1,586	139
Large 1	573	295.99	1,695	142
Medium and Large 1-2	554	266.42	1,475	39

One grade step is worth $33.27/cwt here — about $111 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 sale320 hd

293.99

—

IA average6 barns · 1,359 hd

296.72

−2.72

National average177 barns · 23,944 hd

294.31

−0.32

This barn, trailing median15 sales

486.89

−192.90

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

52 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 1Fancy	500–550	504	312.00/cwt	312.00–312.00	1,572	33
Heifers	Medium and Large 1-2	300–350	335	235.00/cwt	235.00–235.00	787	7
Steers	Medium and Large 1	600–650	638	271.39/cwt	256.00–283.00	1,731	16
Steers	Medium and Large 1	950–1000	956	235.50/cwt	235.50–235.50	2,251	13
Steers	Medium and Large 1	500–550	523	297.62/cwt	283.00–305.00	1,557	83
Steers	Medium and Large 1	750–800	782	262.10/cwt	249.00–264.25	2,050	73
Steers	Large 1	550–600	588	295.23/cwt	286.00–305.75	1,736	115
Steers	Large 1	450–500	476	315.78/cwt	306.00–327.00	1,503	42
Steers	Medium and Large 1	550–600	587	289.46/cwt	288.00–291.00	1,699	23
Steers	Medium and Large 1	800–850	830	254.75/cwt	254.75–254.75	2,114	17
Steers	Medium and Large 1	650–700	660	254.80/cwt	250.00–261.00	1,682	30
Steers	Medium and Large 1Unweaned	700–750	706	237.50/cwt	237.50–237.50	1,677	49
Steers	Medium and Large 1	350–400	364	350.00/cwt	350.00–350.00	1,274	5
Steers	Medium and Large 1	400–450	412	329.28/cwt	320.00–347.00	1,357	81
Steers	Large 1Unweaned	650–700	679	254.50/cwt	254.50–254.50	1,728	25
Steers	Medium and Large 1	450–500	495	326.37/cwt	315.00–327.00	1,616	71
Steers	Medium and Large 1-2	500–550	535	268.37/cwt	258.00–278.00	1,436	20
Steers	Medium and Large 1-2	400–450	426	285.65/cwt	280.00–300.00	1,217	10
Steers	Medium and Large 1Unweaned	650–700	658	260.00/cwt	260.00–260.00	1,711	5
Steers	Medium and Large 1Unweaned	600–650	625	286.50/cwt	273.00–290.00	1,791	92
Heifers	Medium and Large 1Fancy	350–400	371	332.50/cwt	332.50–332.50	1,234	6
Heifers	Medium and Large 1Fancy	500–550	502	294.00/cwt	294.00–294.00	1,476	54
Heifers	Medium and Large 1Fancy	450–500	475	299.00/cwt	299.00–299.00	1,420	10
Bulls	Medium and Large 1	500–550	534	263.00/cwt	263.00–263.00	1,404	7
Bulls	Medium and Large 1	300–350	346	272.50/cwt	272.50–272.50	943	12
Bulls	Medium and Large 1	600–650	603	241.00/cwt	241.00–241.00	1,453	9
Heifers	Large 1	550–600	583	260.50/cwt	260.50–260.50	1,519	5
Heifers	Medium and Large 1	400–450	434	289.60/cwt	285.00–292.50	1,257	37
Heifers	Medium and Large 1	950–1000	985	216.00/cwt	216.00–216.00	2,128	5
Heifers	Medium and Large 1	350–400	378	295.00/cwt	295.00–295.00	1,115	7
Heifers	Medium and Large 1	600–650	631	249.71/cwt	249.00–251.00	1,576	11
Heifers	Medium and Large 1	550–600	562	254.80/cwt	244.00–264.00	1,432	55
Heifers	Medium and Large 1Unweaned	600–650	610	256.25/cwt	256.25–256.25	1,563	24
Heifers	Large 1	350–400	395	297.00/cwt	297.00–297.00	1,173	8
Heifers	Medium and Large 1	450–500	477	276.76/cwt	265.00–285.00	1,320	18
Heifers	Large 1	500–550	537	280.58/cwt	262.00–288.00	1,507	90
Heifers	Large 1	700–750	713	244.50/cwt	244.50–244.50	1,743	14
Heifers	Medium and Large 1	700–750	718	240.79/cwt	222.50–245.00	1,729	16
Steers	Large 1	500–550	508	299.25/cwt	277.00–304.50	1,520	27
Steers	Medium and Large 1Fancy	400–450	413	351.50/cwt	351.50–351.50	1,452	36
Heifers	Medium and Large 1	500–550	530	258.40/cwt	258.00–259.00	1,370	31
Heifers	Large 1	600–650	630	244.00/cwt	244.00–244.00	1,537	38
Heifers	Medium and Large 1-2	400–450	409	237.57/cwt	235.00–255.00	972	24
Heifers	Medium and Large 1Unweaned	400–450	435	264.00/cwt	264.00–264.00	1,148	9
Steers	Medium and Large 1-2	550–600	573	264.36/cwt	261.00–265.00	1,515	19
Steers	Large 1	650–700	689	262.50/cwt	262.50–262.50	1,809	11
Heifers	Medium and Large 1-2	450–500	474	247.24/cwt	200.00–270.00	1,172	11
Heifers	Large 1	450–500	485	299.00/cwt	299.00–299.00	1,450	22
Steers	Medium and Large 1	850–900	868	250.21/cwt	242.75–254.00	2,172	219
Steers	Medium and Large 1	700–750	728	240.00/cwt	240.00–240.00	1,747	5
Steers	Medium and Large 1	300–350	332	395.36/cwt	392.50–397.50	1,313	17
Steers	Medium and Large 1-2	450–500	477	280.31/cwt	271.00–296.00	1,337	18

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 Oct 7, 2024

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

Receipts 1,864Last week 2,806Year ago 1,529

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
36	400–450	413	351.50	351.50
33	500–550	504	312.00	312.00
Steers — Medium and Large 1$ per cwt · actual wt
17	300–350	332	392.50–397.50	395.36
5	350–400	364	350.00	350.00
81	400–450	412	320.00–347.00	329.28
71	450–500	495	315.00–327.00	326.37
83	500–550	523	283.00–305.00	297.62
23	550–600	587	288.00–291.00	289.46
16	600–650	638	256.00–283.00	271.39
30	650–700	660	250.00–261.00	254.80
5	700–750	728	240.00	240.00
73	750–800	782	249.00–264.25	262.10
17	800–850	830	254.75	254.75
219	850–900	868	242.75–254.00	250.21
13	950–1000	956	235.50	235.50
Steers — Large 1$ per cwt · actual wt
42	450–500	476	306.00–327.00	315.78
27	500–550	508	277.00–304.50	299.25
115	550–600	588	286.00–305.75	295.23
11	650–700	689	262.50	262.50
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
92	600–650	625	273.00–290.00	286.50
5	650–700	658	260.00	260.00
49	700–750	706	237.50	237.50
Steers — Large 1 · Unweaned$ per cwt · actual wt
25	650–700	679	254.50	254.50
Steers — Medium and Large 1-2$ per cwt · actual wt
10	400–450	426	280.00–300.00	285.65
18	450–500	477	271.00–296.00	280.31
20	500–550	535	258.00–278.00	268.37
19	550–600	573	261.00–265.00	264.36
Heifers — Medium and Large 1-2$ per cwt · actual wt
7	300–350	335	235.00	235.00
24	400–450	409	235.00–255.00	237.57
11	450–500	474	200.00–270.00	247.24
Heifers — Medium and Large 1 · Fancy$ per cwt · actual wt
6	350–400	371	332.50	332.50
10	450–500	475	299.00	299.00
54	500–550	502	294.00	294.00
Heifers — Large 1$ per cwt · actual wt
8	350–400	395	297.00	297.00
22	450–500	485	299.00	299.00
90	500–550	537	262.00–288.00	280.58
5	550–600	583	260.50	260.50
38	600–650	630	244.00	244.00
14	700–750	713	244.50	244.50
Heifers — Medium and Large 1$ per cwt · actual wt
7	350–400	378	295.00	295.00
37	400–450	434	285.00–292.50	289.60
18	450–500	477	265.00–285.00	276.76
31	500–550	530	258.00–259.00	258.40
55	550–600	562	244.00–264.00	254.80
11	600–650	631	249.00–251.00	249.71
16	700–750	718	222.50–245.00	240.79
5	950–1000	985	216.00	216.00
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
9	400–450	435	264.00	264.00
24	600–650	610	256.25	256.25
Bulls — Medium and Large 1$ per cwt · actual wt
12	300–350	346	272.50	272.50
7	500–550	534	263.00	263.00
9	600–650	603	241.00	241.00

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