Iowa Weekly Cattle Auction Summary

The state in one line

Counts as USDA filed them

Iowa reported 106 priced lines covering 3,513 head across feeder cattle, slaughter cattle. USDA puts feeder cattle receipts at 2,706 head. slaughter cattle receipts at 1,444 head.

Mon Aug 12, 2024

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

Feeder CattleReceipts 2,706Last week 1,506Year ago 1,366

Slaughter CattleReceipts 1,444Last week 1,443Year ago 2,233

Compared to last week: Feeder steers and heifers too lightly tested last week to allow a good comparison with this week. Moderate to good demand for all weights of steers and heifers, however with the weakness in the futures complex cattle feeders are struggling to get cattle bought that fit a rapidly declining futures contract. Cash fed cattle still were able to trade up to 192.00, still 8.00 positive basis over the Aug contract. The structure of the Live Cattle contract is concerning and confusing as the Aug contract leads all the months on the board. Cattle feeders are able to sell their finished cattle at very profitable levels and are now concerned about buying more that look to lose month according to what the futures contracts are predicting.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Beef/Dairy Steers — Medium and Large 2$ per cwt · actual wt
4	550–600	585	280.00	280.00
48	850–900	867	228.00–239.00	235.29
Beef/Dairy Steers — Large 2$ per cwt · actual wt
3	1250–1300	1,268	194.00	194.00
Beef/Dairy Steers — Medium and Large 2-3$ per cwt · actual wt
6	550–600	598	255.00	255.00
Beef/Dairy Heifers — Medium and Large 2$ per cwt · actual wt
9	550–600	582	255.00	255.00
58	800–850	814	227.00	227.00
Dairy Steers — Medium 3-4$ per cwt · actual wt
8	300–350	346	195.00	195.00
5	450–500	455	175.00	175.00
Dairy Steers — Large 3$ per cwt · actual wt
3	300–350	348	285.00	285.00
35	400–450	431	260.00–272.00	265.03
16	450–500	466	260.00	260.00
11	550–600	566	227.00–230.00	228.87
12	850–900	863	191.00	191.00
10	900–950	945	182.50–190.00	186.99
Dairy Steers — Large 3 · Natural$ per cwt · actual wt
8	600–650	626	210.00	210.00
Heifers — Medium and Large 1$ per cwt · actual wt
12	300–350	318	355.00–375.00	363.10
17	350–400	385	320.00–345.00	327.42
18	400–450	425	325.00–330.00	328.64
27	450–500	471	297.00–326.00	318.36
35	500–550	539	275.00–282.50	278.03
73	550–600	566	265.00–286.00	276.80
40	600–650	629	252.00–270.00	259.69
79	650–700	675	248.00–260.00	255.39
120	700–750	740	242.00–251.00	248.44
148	750–800	762	238.00–245.75	242.12
18	800–850	824	227.00–232.75	230.48
3	850–900	855	223.00	223.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
11	300–350	331	275.00–305.00	294.09
27	350–400	396	287.50–290.00	289.46
4	500–550	520	265.00	265.00
3	550–600	565	262.50	262.50
4	700–750	700	240.00	240.00
Heifers — Large 1$ per cwt · actual wt
7	1000–1050	1,005	197.50	197.50
7	1050–1100	1,088	150.00	150.00
Bulls — Medium and Large 1$ per cwt · actual wt
6	300–350	333	370.00	370.00
Bulls — Medium and Large 1 · Unweaned$ per cwt · actual wt
4	500–550	513	275.00	275.00
Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt
75	800–850	801	253.50	253.50
Steers — Medium and Large 1$ per cwt · actual wt
4	300–350	303	385.00	385.00
29	400–450	429	325.00–350.00	336.93
30	450–500	469	315.00–335.00	319.50
26	500–550	527	305.00–332.00	322.35
57	550–600	577	295.00–310.00	297.35
33	600–650	626	288.00–298.25	293.47
146	650–700	674	275.00–292.25	284.56
127	700–750	727	270.50–279.50	271.84
190	750–800	789	252.00–270.00	263.21
44	800–850	817	246.00–255.00	251.90
261	850–900	876	253.50–258.25	256.66
144	900–950	915	235.50–248.00	243.97
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
14	450–500	496	305.00	305.00
8	550–600	575	271.00	271.00
Steers — Medium and Large 1-2$ per cwt · actual wt
3	250–300	293	350.00	350.00
4	300–350	340	325.00	325.00
15	350–400	391	330.00	330.00
13	400–450	424	275.00–309.00	295.16
4	450–500	461	295.00	295.00
11	500–550	531	265.00–294.00	286.13
25	550–600	583	250.00–275.00	260.96
3	600–650	610	280.00	280.00
7	650–700	688	279.00	279.00
4	700–750	704	254.00	254.00
11	750–800	794	240.00–248.50	246.20
4	850–900	868	235.00	235.00
Steers — Large 1$ per cwt · actual wt
4	500–550	527	305.00	305.00
14	1000–1050	1,017	214.00	214.00
Dairy Heifers — Medium 3-4$ per cwt · actual wt
3	400–450	430	140.00	140.00
10	700–750	737	115.00	115.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Select and Choice · Certified Prgms$ per cwt · actual wt
2	—	1,405	188.50	188.50
Steers — Select and Choice$ per cwt · actual wt
4	—	1,651	189.00	189.00
46	—	1,298	181.00–191.50	188.62
Steers — Choice$ per cwt · actual wt
317	—	1,409	192.00–200.00	196.01
26	—	1,461	191.50–197.00	193.56
25	—	1,563	191.00–196.00	193.34
Steers — Choice · Heavy Weight$ per cwt · actual wt
23	—	1,674	191.00–193.00	192.32
7	—	1,725	195.50–199.50	197.43
Steers — Select and Choice · Return to Feed$ per cwt · actual wt
18	—	1,223	187.00–197.50	192.12
Steers — Select · Return to Feed$ per cwt · actual wt
8	—	1,042	185.00–199.00	192.16
Steers — Choice · Certified Prgms$ per cwt · actual wt
24	—	1,515	191.50–193.25	193.09
Bulls$ per cwt · actual wt
13	—	1,906	177.00–191.00	185.45
23	—	1,638	143.50–170.00	158.65
Bulls — Light Weight$ per cwt · actual wt
8	—	1,099	126.00–220.00	173.73
Cows — Lean 85-90% · Light Weight$ per cwt · actual wt
6	—	902	101.00–121.00	112.58
Cows — Boner 80-85%$ per cwt · actual wt
5	—	1,427	110.00–119.00	114.47
30	—	1,209	120.00–133.00	128.26
Cows — Breaker 75-80%$ per cwt · actual wt
4	—	1,583	125.00–130.00	126.40
30	—	1,324	132.00–142.00	138.63
30	—	1,508	143.00–152.50	147.50
Cows — Boner 80-85% · Light Weight$ per cwt · actual wt
3	—	975	118.00–128.00	122.37
Cows — Breaker 75-80% · Return to Feed$ per cwt · actual wt
10	—	1,223	141.00–182.50	154.33
Cows — Lean 85-90%$ per cwt · actual wt
14	—	1,073	50.00–102.00	92.79
19	—	1,218	98.00–122.00	113.89
Cows — Boner 80-85% · Return to Feed$ per cwt · actual wt
12	—	1,097	130.00–142.00	136.36
Heifers — Select and Choice · Certified Prgms$ per cwt · actual wt
39	—	1,531	180.00	180.00
Heifers — Select and Choice · Heavy Weight$ per cwt · actual wt
2	—	1,573	182.00	182.00
Heifers — Select and Choice$ per cwt · actual wt
13	—	1,326	188.75	188.75
62	—	1,201	182.00–192.50	189.89
Heifers — Choice$ per cwt · actual wt
338	—	1,305	190.00–199.50	195.02
Heifers — Choice · Certified Prgms$ per cwt · actual wt
3	—	1,270	192.50	192.50
Heifers — Select · Return to Feed$ per cwt · actual wt
7	—	975	170.00–185.00	181.43
Dairy Steers — Select and Choice · Return to Feed$ per cwt · actual wt
11	—	1,402	161.00–166.00	161.47
Dairy Steers — Choice$ per cwt · actual wt
53	—	1,646	173.75–180.00	176.57
Dairy Steers — Select and Choice$ per cwt · actual wt
17	—	1,510	159.00–171.50	169.01
Beef/Dairy Steers — Choice$ per cwt · actual wt
17	—	1,561	189.75–196.00	191.99
Beef/Dairy Steers — Select and Choice · Return to Feed$ per cwt · actual wt
8	—	1,193	185.75	185.75
Beef/Dairy Heifers — Choice$ per cwt · actual wt
6	—	1,209	181.00	181.00
8	—	1,475	190.00–196.25	193.45

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