Iowa Weekly Cattle Auction Summary

The state in one line

Counts as USDA filed them

Iowa reported 112 priced lines covering 8,054 head across feeder cattle, slaughter cattle. USDA puts feeder cattle receipts at 8,650 head. slaughter cattle receipts at 1,121 head.

Mon Jun 3, 2024

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

Feeder CattleReceipts 8,650Last week 1,762Year ago 1,302

Slaughter CattleReceipts 1,121Last week 1,019Year ago 861

Compared to last week: Feeder steers and heifers mostly steady. Very good demand for all weights of steers and heifers as the spring marketing season winds down. There is great interest in placing cattle on feed as the cash fed cattle market continues to outperform the futures contracts. Cash fat cattle up to 192.00 this week, which is a full 10.00 positive basis over the futures contracts. There is great hope amongst cattle producers that the strength in the market will continue.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
5	300–350	300	1,150.00	1,150.00
14	300–350	326	360.00–392.50	371.76
50	350–400	376	328.00–375.00	354.51
61	400–450	418	309.00–350.00	332.48
163	450–500	476	297.00–336.00	318.06
202	500–550	525	282.50–320.00	301.59
301	550–600	573	264.00–295.00	283.62
326	600–650	615	240.00–288.00	273.02
193	650–700	680	230.00–278.00	255.34
444	700–750	730	230.00–256.00	250.35
273	750–800	768	215.00–248.75	243.19
194	800–850	817	220.00–235.50	232.88
200	850–900	880	218.75–236.25	225.23
45	950–1000	968	197.00–208.00	201.12
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
7	300–350	327	340.00	340.00
5	350–400	389	355.00	355.00
5	400–450	431	320.00	320.00
44	450–500	470	297.00–327.00	309.48
6	500–550	528	315.00	315.00
28	550–600	577	270.00–302.00	289.52
6	600–650	613	265.00	265.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
4	350–400	375	334.00	334.00
9	400–450	437	285.00–305.00	293.63
30	450–500	472	248.00–290.00	275.26
12	500–550	521	242.00–287.50	270.81
38	550–600	565	250.00–277.50	263.96
6	600–650	632	251.00	251.00
9	650–700	655	259.00	259.00
5	700–750	723	230.50	230.50
10	750–800	776	216.00	216.00
Heifers — Medium and Large 1-2 · Unweaned$ per cwt · actual wt
4	450–500	496	267.50	267.50
5	550–600	553	230.00	230.00
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
18	850–900	892	210.00	210.00
Heifers — Large 1$ per cwt · actual wt
5	400–450	444	300.00	300.00
7	550–600	581	273.00	273.00
3	1050–1100	1,078	195.00	195.00
Heifers — Medium and Large 1 · Fancy$ per cwt · actual wt
41	600–650	621	274.00–283.25	279.81
21	750–800	752	244.00	244.00
Bulls — Medium and Large 1$ per cwt · actual wt
4	300–350	316	340.00	340.00
5	350–400	388	360.00	360.00
9	450–500	461	335.00	335.00
Steers — Medium and Large 1$ per cwt · actual wt
9	300–350	303	437.50	437.50
62	350–400	374	364.00–425.00	404.12
27	400–450	431	335.00–385.00	369.41
123	450–500	480	326.00–370.00	355.85
208	500–550	525	322.50–357.00	341.56
227	550–600	577	298.00–347.50	324.78
304	600–650	632	283.00–322.50	301.54
331	650–700	674	261.00–305.00	283.70
262	700–750	717	250.00–286.50	271.85
165	750–800	781	244.00–266.75	257.53
422	800–850	822	248.00–271.00	260.39
724	850–900	886	227.50–258.25	253.45
355	900–950	924	224.00–247.50	238.25
208	950–1000	979	223.85–235.75	230.14
Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt
24	600–650	638	298.00	298.00
3	700–750	732	265.00	265.00
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
3	250–300	298	400.00	400.00
9	350–400	399	372.50	372.50
17	400–450	416	327.50–399.50	364.31
30	450–500	475	336.00	336.00
57	500–550	513	310.00–336.00	327.22
11	600–650	603	275.00	275.00
8	650–700	678	269.50	269.50
4	850–900	859	237.00	237.00
Steers — Medium and Large 1-2$ per cwt · actual wt
29	350–400	380	335.00–370.00	353.67
13	400–450	440	312.50–322.50	318.72
10	450–500	496	288.00–330.00	310.20
6	500–550	522	307.50	307.50
64	550–600	579	260.00–316.00	287.05
18	600–650	639	272.00–276.00	274.88
31	650–700	677	239.00–272.00	260.56
12	700–750	729	249.00–250.00	249.59
5	750–800	788	225.00	225.00
5	800–850	809	248.00	248.00
Steers — Medium and Large 1-2 · Unweaned$ per cwt · actual wt
4	300–350	339	355.00	355.00
12	500–550	515	295.00	295.00
7	550–600	561	280.00	280.00
Steers — Large 1$ per cwt · actual wt
11	750–800	770	249.00	249.00
28	900–950	928	213.00	213.00
97	1000–1050	1,033	206.00–223.00	215.07
87	1050–1100	1,084	208.00–228.00	216.04
Steers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
65	650–700	688	303.50	303.50
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
64	600–650	602	318.75–321.50	320.77
78	700–750	705	278.50–282.50	281.58
22	800–850	831	245.00	245.00
Steers — Large 1 · Unweaned$ per cwt · actual wt
5	550–600	588	272.50	272.50

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
23	—	1,888	163.00–191.50	175.74
9	—	1,555	120.00–163.00	147.82
Bulls — Light Weight$ per cwt · actual wt
6	—	1,126	145.00–191.00	162.02
Steers — Choice$ per cwt · actual wt
223	—	1,417	186.00–195.00	189.05
Steers — Select · Return to Feed$ per cwt · actual wt
21	—	1,156	179.00–199.00	186.41
Steers — Select and Choice$ per cwt · actual wt
102	—	1,367	180.00–186.00	184.48
Heifers — Choice$ per cwt · actual wt
177	—	1,334	186.00–193.00	189.06
Heifers — Select · Return to Feed$ per cwt · actual wt
5	—	1,051	165.00–199.00	183.62
Heifers — Select and Choice$ per cwt · actual wt
56	—	1,269	175.00–186.00	183.55
Cows — Lean 85-90%$ per cwt · actual wt
17	—	1,140	96.00–123.00	112.20
2	—	1,105	60.00–77.50	69.66
Cows — Breaker 75-80%$ per cwt · actual wt
17	—	1,508	116.00–130.50	123.88
94	—	1,506	139.00–161.00	148.00
66	—	1,473	130.00–141.00	136.61
Cows — Boner 80-85% · Light Weight$ per cwt · actual wt
10	—	968	121.00–147.50	131.98
Cows — Boner 80-85%$ per cwt · actual wt
6	—	1,258	138.00–143.00	139.93
29	—	1,369	120.00–132.50	127.51
1	—	1,500	115.00	115.00
Cows — Boner 80-85% · Return to Feed$ per cwt · actual wt
10	—	1,086	123.00–141.00	129.86
Cows — Lean 85-90% · Light Weight$ per cwt · actual wt
11	—	914	90.00–120.00	108.12
Cows — Breaker 75-80% · Return to Feed$ per cwt · actual wt
20	—	1,246	136.00–169.00	147.07
Beef/Dairy Steers — Choice$ per cwt · actual wt
6	—	1,590	178.00–187.00	183.47
Dairy Steers — Select and Choice$ per cwt · actual wt
14	—	1,486	150.00–167.00	160.53
Dairy Steers — Select$ per cwt · actual wt
2	—	1,180	130.00	130.00
Dairy Steers — Choice$ per cwt · actual wt
44	—	1,564	168.00–178.00	173.32

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.

Source: USDA AMS, as filed — nothing recomputed and nothing rounded. This summary aggregates the same sales the Iowa barn reports cover, so it must never be added to a state total built from those barns.

Feeder Cattle — prices, barns, and planning

Fed Cattle — the cash market and what quality pays

Beef & Retail — from the box to the grocery shelf

Feed & Hay — the cost side, cash not futures

Cows & Bred Stock — the rebuild market

More

Iowa Weekly Cattle Auction Summary

The state in one line