Name: Russell Livestock Auction - Iowa livestock auction prices — 2024-10-21
Creator: RaisedBeef
Published: 2024-10-21

Reporter comment USDA

As filed

Compared to two weeks ago, steers under 600 lbs. sold steady, while heavier weights sold mostly steady to 16.00 higher. A light offering of heifers cattle last week, not well compared to this week. Demand was very good today. Supply was heavy and included several load lots of reputation yearling cattle.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $275.61/cwt on 156 head. That ranks 1 of 15 comparable sales and sits −211.28 against this barn's trailing median of $486.89.

Average price

$275.61

156 head · 554 lb average

Value per head Derived

$1,526

Price × average weight ÷ 100

Grade differential Derived

$99

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

$17.74/cwt at this weight

vs the market

−6.57

vs IA average

−23.43 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	554	285.50	1,581	69
Medium and Large 1-2	554	267.76	1,482	87

One grade step is worth $17.74/cwt here — about $99 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 sale156 hd

275.61

—

IA average5 barns · 357 hd

282.18

−6.57

National average191 barns · 36,605 hd

299.04

−23.43

This barn, trailing median15 sales

486.89

−211.28

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

41 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
Heifers	Large 1	550–600	551	246.00/cwt	246.00–246.00	1,355	5
Heifers	Large 1	1000–1050	1,027	213.00/cwt	213.00–213.00	2,188	10
Heifers	Large 1	450–500	475	279.02/cwt	259.00–285.00	1,325	18
Heifers	Medium and Large 1	950–1000	979	221.18/cwt	219.50–222.50	2,165	18
Heifers	Medium and Large 1	500–550	506	251.97/cwt	247.00–262.00	1,275	9
Heifers	Medium and Large 1	700–750	715	253.95/cwt	237.00–258.25	1,816	55
Steers	Medium and Large 1Unweaned	600–650	636	257.03/cwt	254.00–262.50	1,635	19
Steers	Medium and Large 1Unweaned	550–600	560	255.00/cwt	255.00–255.00	1,428	5
Steers	Medium and Large 1Unweaned	500–550	500	268.00/cwt	268.00–268.00	1,340	10
Steers	Medium and Large 1Unweaned	400–450	443	306.14/cwt	305.00–310.00	1,356	13
Steers	Medium and Large 1-2	550–600	580	265.18/cwt	241.00–271.00	1,538	46
Steers	Medium and Large 1	850–900	868	255.97/cwt	251.35–259.50	2,222	251
Steers	Medium and Large 1-2	700–750	719	251.40/cwt	233.00–255.00	1,808	24
Steers	Medium and Large 1-2	750–800	788	243.77/cwt	230.00–250.00	1,921	16
Steers	Medium and Large 1-2	500–550	524	270.66/cwt	258.00–288.00	1,418	41
Steers	Medium and Large 1	750–800	779	259.64/cwt	252.00–269.75	2,023	300
Steers	Medium and Large 1	550–600	574	289.36/cwt	280.00–294.00	1,661	38
Steers	Medium and Large 1	900–950	924	251.17/cwt	242.25–253.35	2,321	224
Steers	Medium and Large 1	800–850	815	255.88/cwt	252.50–265.00	2,085	457
Steers	Medium and Large 1-2	800–850	835	240.72/cwt	234.00–246.00	2,010	16
Steers	Medium and Large 1	450–500	494	305.00/cwt	305.00–305.00	1,507	13
Steers	Medium and Large 1Fancy	350–400	371	387.50/cwt	387.50–387.50	1,438	5
Steers	Medium and Large 1	600–650	632	278.90/cwt	265.00–285.00	1,763	58
Steers	Large 1	450–500	497	286.44/cwt	272.00–298.00	1,424	18
Steers	Medium and Large 1	500–550	538	296.82/cwt	292.50–302.50	1,597	16
Steers	Medium and Large 1	700–750	722	270.31/cwt	253.00–279.50	1,952	84
Steers	Medium and Large 1	650–700	679	270.85/cwt	258.00–283.00	1,839	160
Heifers	Medium and Large 1	550–600	586	254.22/cwt	242.00–259.00	1,490	24
Steers	Medium and Large 1	950–1000	960	245.74/cwt	239.25–250.10	2,359	113
Heifers	Medium and Large 1	800–850	826	233.21/cwt	232.50–235.00	1,926	14
Heifers	Medium and Large 1-2	450–500	485	261.00/cwt	261.00–261.00	1,266	17
Heifers	Medium and Large 1Unweaned	600–650	610	237.00/cwt	237.00–237.00	1,446	10
Heifers	Medium and Large 1-2	550–600	555	240.00/cwt	240.00–240.00	1,332	15
Heifers	Medium and Large 1	600–650	604	263.90/cwt	263.00–267.00	1,594	72
Steers	Medium and Large 1Fancy	450–500	458	339.00/cwt	339.00–339.00	1,553	12
Heifers	Medium and Large 1	650–700	678	259.79/cwt	248.00–264.00	1,761	137
Heifers	Medium and Large 1	850–900	855	240.75/cwt	240.75–240.75	2,058	62
Heifers	Medium and Large 1	400–450	434	312.90/cwt	310.00–315.00	1,358	7
Heifers	Medium and Large 1-2	500–550	531	235.12/cwt	232.50–240.00	1,248	19
Heifers	Medium and Large 1	450–500	486	287.19/cwt	275.00–289.00	1,396	23
Heifers	Medium and Large 1-2	600–650	616	228.82/cwt	225.00–231.00	1,410	17

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 21, 2024

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

Receipts 2,811Last week 1,864Year ago 2,235

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Large 1$ per cwt · actual wt
18	450–500	475	259.00–285.00	279.02
5	550–600	551	246.00	246.00
10	1000–1050	1,027	213.00	213.00
Heifers — Medium and Large 1$ per cwt · actual wt
7	400–450	434	310.00–315.00	312.90
23	450–500	486	275.00–289.00	287.19
9	500–550	506	247.00–262.00	251.97
24	550–600	586	242.00–259.00	254.22
72	600–650	604	263.00–267.00	263.90
137	650–700	678	248.00–264.00	259.79
55	700–750	715	237.00–258.25	253.95
14	800–850	826	232.50–235.00	233.21
62	850–900	855	240.75	240.75
18	950–1000	979	219.50–222.50	221.18
Heifers — Medium and Large 1-2$ per cwt · actual wt
17	450–500	485	261.00	261.00
19	500–550	531	232.50–240.00	235.12
15	550–600	555	240.00	240.00
17	600–650	616	225.00–231.00	228.82
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
10	600–650	610	237.00	237.00
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
13	400–450	443	305.00–310.00	306.14
10	500–550	500	268.00	268.00
5	550–600	560	255.00	255.00
19	600–650	636	254.00–262.50	257.03
Steers — Medium and Large 1-2$ per cwt · actual wt
41	500–550	524	258.00–288.00	270.66
46	550–600	580	241.00–271.00	265.18
24	700–750	719	233.00–255.00	251.40
16	750–800	788	230.00–250.00	243.77
16	800–850	835	234.00–246.00	240.72
Steers — Medium and Large 1$ per cwt · actual wt
13	450–500	494	305.00	305.00
16	500–550	538	292.50–302.50	296.82
38	550–600	574	280.00–294.00	289.36
58	600–650	632	265.00–285.00	278.90
160	650–700	679	258.00–283.00	270.85
84	700–750	722	253.00–279.50	270.31
300	750–800	779	252.00–269.75	259.64
457	800–850	815	252.50–265.00	255.88
251	850–900	868	251.35–259.50	255.97
224	900–950	924	242.25–253.35	251.17
113	950–1000	960	239.25–250.10	245.74
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
5	350–400	371	387.50	387.50
12	450–500	458	339.00	339.00
Steers — Large 1$ per cwt · actual wt
18	450–500	497	272.00–298.00	286.44

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