Iowa Weekly Cattle Auction Summary

The state in one line

Counts as USDA filed them

Iowa reported 103 priced lines covering 7,307 head across feeder cattle, slaughter cattle. USDA puts feeder cattle receipts at 7,451 head. slaughter cattle receipts at 739 head.

Mon Aug 26, 2024

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

Feeder CattleReceipts 7,451Last week 3,733Year ago 8,987

Slaughter CattleReceipts 739Last week 2,145Year ago 2,592

Compared to last week: Feeder steers and heifers sold with steady to higher undertones compared to last week's more limited offering. Moderate to good demand for steers and heifers, especially for those light fleshed yearling cattle. Good demand for the small packages of spring born calves coming to auction. The cash fed cattle market converged with the Aug Live Cattle contract, after holding a huge positive basis over the futures for the entire year. The weakness in the futures contracts have pulled the cash market down to it's level and has a much lower future outlook than what it did through the spring and summer.

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
20	—	1,686	150.00–170.00	162.53
12	—	1,868	171.00–194.00	177.41
1	—	1,780	105.00	105.00
Bulls — Light Weight$ per cwt · actual wt
3	—	1,238	130.00–167.00	151.91
Beef/Dairy Steers — Choice$ per cwt · actual wt
6	—	1,583	177.00–185.50	179.46
Dairy Steers — Choice$ per cwt · actual wt
7	—	1,647	169.75–172.00	170.28
Dairy Steers — Select$ per cwt · actual wt
1	—	1,485	149.00	149.00
Dairy Steers — Select and Choice$ per cwt · actual wt
6	—	1,568	158.50–167.00	163.08
Heifers — Select · Return to Feed$ per cwt · actual wt
6	—	1,105	180.00–186.00	184.35
Heifers — Choice$ per cwt · actual wt
130	—	1,302	188.00–199.75	193.47
Heifers — Select and Choice$ per cwt · actual wt
51	—	1,256	180.00–189.50	184.70
Steers — Select and Choice$ per cwt · actual wt
51	—	1,328	180.00–189.50	186.46
Steers — Select · Return to Feed$ per cwt · actual wt
3	—	1,101	180.00–184.00	182.57
Steers — Select and Choice · Return to Feed$ per cwt · actual wt
15	—	1,215	176.00–189.50	183.69
Steers — Choice$ per cwt · actual wt
192	—	1,403	189.00–199.75	194.34
Cows — Lean 85-90% · Light Weight$ per cwt · actual wt
4	—	864	104.00–107.50	105.38
Cows — Lean 85-90%$ per cwt · actual wt
10	—	1,161	102.00–120.00	111.82
2	—	865	70.00–96.00	81.80
Cows — Boner 80-85% · Light Weight$ per cwt · actual wt
4	—	938	122.00–137.00	130.47
Cows — Boner 80-85%$ per cwt · actual wt
17	—	1,296	121.00–133.50	126.65
6	—	1,390	115.00–119.00	116.45
Cows — Boner 80-85% · Return to Feed$ per cwt · actual wt
10	—	1,096	125.00–152.50	135.80
Cows — Breaker 75-80% · Return to Feed$ per cwt · actual wt
11	—	1,241	140.00–149.50	145.31
Cows — Breaker 75-80%$ per cwt · actual wt
4	—	1,489	121.00–130.00	126.75
41	—	1,355	133.00–145.00	139.77
18	—	1,529	144.00–160.50	149.87

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
7	550–600	592	269.00	269.00
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
24	350–400	374	270.00–275.00	272.91
20	400–450	436	261.00–286.00	276.32
17	450–500	468	252.50–276.00	260.73
4	500–550	500	240.00	240.00
7	600–650	635	246.00	246.00
Heifers — Medium and Large 1$ per cwt · actual wt
18	300–350	325	260.00–350.00	318.99
42	350–400	384	265.00–330.00	310.71
112	400–450	423	282.00–312.50	294.83
126	450–500	478	250.00–323.50	291.96
224	500–550	521	250.00–307.00	282.14
313	550–600	576	249.00–289.00	271.07
285	600–650	621	239.00–276.50	265.92
261	650–700	680	231.00–265.00	247.84
294	700–750	724	220.00–256.00	243.53
271	750–800	775	221.00–244.00	230.24
219	800–850	833	228.00–235.25	232.10
75	850–900	888	208.50–220.00	210.05
200	900–950	928	203.00–217.00	208.63
182	950–1000	985	209.00–212.00	210.32
Heifers — Medium and Large 1-2$ per cwt · actual wt
5	350–400	362	249.00	249.00
14	400–450	431	225.00–283.00	250.71
65	450–500	482	260.00–292.00	276.40
44	500–550	529	246.00–268.50	260.18
15	550–600	596	252.00–264.00	260.04
21	600–650	618	235.00–244.00	237.10
28	650–700	666	213.00–235.00	225.88
3	700–750	710	224.00	224.00
58	750–800	775	221.00–236.00	233.35
Heifers — Large 1 · Unweaned$ per cwt · actual wt
11	450–500	472	275.00	275.00
Heifers — Large 1$ per cwt · actual wt
4	550–600	588	270.00	270.00
18	700–750	749	233.00	233.00
6	750–800	794	229.00	229.00
61	1000–1050	1,023	199.00–207.60	207.04
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
6	300–350	332	300.00	300.00
15	350–400	368	306.00–365.00	331.86
19	400–450	427	338.00–352.50	345.00
58	450–500	471	306.00–317.00	312.74
25	500–550	506	298.00–309.00	304.56
26	550–600	576	274.00–285.00	282.21
10	700–750	703	240.00–254.50	248.71
Steers — Medium and Large 1$ per cwt · actual wt
22	300–350	310	302.50–390.00	347.65
33	350–400	377	300.00–360.00	331.42
90	400–450	436	329.00–370.00	336.63
121	450–500	477	302.50–334.00	321.91
259	500–550	524	286.00–306.00	301.46
182	550–600	571	264.00–309.50	292.43
124	600–650	622	279.00–288.50	283.07
233	650–700	670	261.00–281.50	273.98
322	700–750	726	241.00–270.00	259.62
237	750–800	777	240.00–264.50	255.08
554	800–850	823	236.00–258.00	253.20
429	850–900	870	231.00–253.50	246.16
165	900–950	933	230.00–234.75	233.85
261	950–1000	987	225.25–230.50	226.67
50	1100–1150	1,111	216.25	216.25
Steers — Medium and Large 1-2$ per cwt · actual wt
3	300–350	326	292.50	292.50
4	350–400	372	251.00	251.00
24	400–450	427	255.00–323.00	295.37
38	450–500	483	262.00–310.00	270.38
12	500–550	524	259.00–272.00	263.45
32	550–600	592	243.00–282.00	271.03
13	600–650	617	254.00–273.00	265.26
22	650–700	665	251.00–269.00	261.75
41	700–750	730	230.00–240.00	237.02
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
28	600–650	600	303.00	303.00
Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt
7	450–500	485	318.00	318.00
Steers — Large 1$ per cwt · actual wt
3	650–700	651	262.50	262.50
3	750–800	766	252.00	252.00
7	800–850	800	231.00	231.00
3	950–1000	951	224.00	224.00
23	1000–1050	1,023	217.50	217.50
98	1050–1100	1,078	216.75–219.00	217.88
Steers — Large 1 · Unweaned$ per cwt · actual wt
8	400–450	449	304.00	304.00
7	450–500	472	307.00	307.00
Bulls — Large 1$ per cwt · actual wt
3	900–950	900	211.00	211.00
Bulls — Medium and Large 1 · Unweaned$ per cwt · actual wt
2	350–400	395	267.50	267.50

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