Sale reports / Iowa / Sigourney Livestock Auction / 2024-03-18

Sigourney Livestock Auction

Feeder Cattle · Sigourney, Iowa · Mon, Mar 18
● Final34 lots reportedUSDA AMS · slug 2152
Receipts
1,963 head
▲ 722 vs last sale 1,241▲ 1,528 vs year ago 435 · +351.3%
View

Reporter comment USDA

As filed

No trend as last report was one month ago (2/19) however a sharply higher undertone was present. Trade and demand were good for the quality cattle offered today for the "Back To Grass Special".

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $341.49/cwt on 284 head. That ranks 1 of 5 comparable sales and sits −79.68 against this barn's trailing median of $421.17.
Average price
$341.49
284 head · 542 lb average
Value per head Derived
$1,851
Price × average weight ÷ 100
Grade differential Derived
$199
per head · Medium and Large 1 over Medium and Large 1-2
$22.11/cwt at this weight
vs the market
+6.72
vs IA average
+23.20 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1543342.111,857276
Medium and Large 1-2518320.001,6588thin
One grade step is worth $22.11/cwt here — about $199 a head. Across this sale the premium is widest at 600–700 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 500–600 lb

Same class and week · spot auction only
This sale284 hd
341.49
—
IA average4 barns · 845 hd
334.76
+6.72
National average173 barns · 12,551 hd
318.29
+23.20
This barn, trailing median5 sales
421.17
−79.68
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

This barn's trailing prices 500–600 lb

5 sales
507468428389median 421.1703/2304/1308/3109/2111/02
Steers 500–600 lb: high $492.86, low $403.30, median $421.17 across 5 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

Every lot

34 lots · USDA AMS · Keoco Feeder Cattle Auction - Sigourney, IA
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added. Grouped by class and set lightest first; USDA files them in sale-ring order.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers17 lots · lightest first
Steers350–400Medium and Large 1386397.72/cwt372.50–408.001,53538
Steers400–450Medium and Large 1431384.28/cwt367.50–404.001,65645
Steers450–500Medium and Large 1469380.75/cwt361.00–399.751,78684
Steers500–550Medium and Large 1-2518320.00/cwt320.00–320.001,6588
Steers500–550Medium and Large 1532347.52/cwt338.00–370.501,849194
Steers550–600Medium and Large 1Unweaned550325.00/cwt325.00–325.001,7886
Steers550–600Medium and Large 1Thin Fleshed557362.00/cwt362.00–362.002,01617
Steers550–600Medium and Large 1573320.34/cwt301.50–340.251,83659
Steers600–650Medium and Large 1619307.55/cwt282.50–314.001,904126
Steers650–700Medium and Large 1674286.31/cwt266.00–292.251,93080
Steers650–700Medium and Large 1-2684254.97/cwt254.00–258.001,74416
Steers700–750Medium and Large 1723270.63/cwt260.00–275.501,95798
Steers750–800Medium and Large 1763266.71/cwt253.00–270.002,03575
Steers800–850Medium and Large 1817255.30/cwt254.00–258.002,08638
Steers850–900Medium and Large 1882228.32/cwt220.00–232.002,01425
Steers900–950Medium and Large 1930227.01/cwt221.00–233.502,11125
Steers950–1000Medium and Large 1961223.50/cwt223.50–223.502,14856
Feeder Cattle · Heifers17 lots · lightest first
Heifers250–300Medium and Large 1297324.49/cwt320.00–327.509645
Heifers300–350Medium and Large 1319323.16/cwt300.00–352.501,0315
Heifers350–400Medium and Large 1383367.31/cwt326.00–382.001,40744
Heifers400–450Medium and Large 1-2419291.25/cwt280.00–310.001,2207
Heifers400–450Medium and Large 1425354.96/cwt300.00–375.001,50995
Heifers450–500Medium and Large 1477319.34/cwt293.00–350.001,523130
Heifers450–500Medium and Large 1-2484269.13/cwt261.00–284.001,30311
Heifers500–550Medium and Large 1525302.83/cwt277.00–330.001,59073
Heifers550–600Medium and Large 1568299.27/cwt261.00–312.001,700157
Heifers600–650Medium and Large 1602271.70/cwt268.50–276.001,63626
Heifers650–700Medium and Large 1Unweaned656241.00/cwt241.00–241.001,5815
Heifers650–700Medium and Large 1661257.55/cwt250.00–265.001,70260
Heifers700–750Medium and Large 1728240.25/cwt226.00–245.001,74976
Heifers750–800Medium and Large 1758236.00/cwt236.00–236.001,7896
Heifers800–850Medium and Large 1808223.02/cwt205.00–237.001,80223
Heifers850–900Medium and Large 1855203.69/cwt203.00–204.001,74213
Heifers850–900Medium and Large 1Fleshy875188.95/cwt186.00–193.001,65314

This sale against other markets

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.