Sale reports / Iowa / Lamoni Livestock Auction / 2020-05-28

Lamoni Livestock Auction

Feeder Cattle · Lamoni, Iowa · Thu, May 28
● Final38 lots reportedUSDA AMS · slug 2158
Receipts
2,615 head
▲ 533 vs last sale 2,082▲ 2,615 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared the most recent market coverage two weeks ago (May 14) steers under 600 lbs. were mostly 5.00-14.00 higher and the 600-1000 lb. steers were mostly 2.00-12.00 higher. Heifers under 550 lbs. were mostly 15.00-22.00 higher and the 550-700 lb. heifers were 6.00-7.00 higher. Demand was very good for the heavy offerings. Trading was active.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $151.42/cwt on 1,412 head.
Average price
$151.42
1,412 head · 692 lb average
Value per head Derived
$1,048
Price × average weight ÷ 100
Grade differential Derived
$127
per head · Medium and Large 1 over Medium and Large 1-2
$6.40/cwt at this weight
vs the market
+0.70
vs IA average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1694151.551,0511,383
Medium and Large 1-2637145.1592429
One grade step is worth $6.40/cwt here — about $127 a head. Across this sale the premium is widest at 0–100 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 0–100 lb

Same class and week · spot auction only
This sale1,412 hd
151.42
—
IA average3 barns · 4,553 hd
150.72
+0.70
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Every lot

38 lots · USDA AMS · Lamoni Livestock Feeder Cattle - Lamoni, 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 · Steers18 lots · lightest first
Steers—Medium and Large 1387203.78/cwt192.00–210.0078958
Steers—Medium and Large 1-2388160.00/cwt160.00–160.006214
Steers—Medium and Large 1431197.47/cwt187.00–203.5085111
Steers—Medium and Large 1486187.84/cwt180.50–192.00913122
Steers—Medium and Large 1520178.88/cwt171.00–181.7593071
Steers—Medium and Large 1Unweaned564159.36/cwt158.25–161.0089915
Steers—Medium and Large 1586163.90/cwt157.00–171.00960133
Steers—Medium and Large 1622155.90/cwt149.50–162.75970147
Steers—Medium and Large 1-2638148.25/cwt148.25–148.2594621
Steers—Medium and Large 1Unweaned647143.50/cwt143.50–143.5092818
Steers—Medium and Large 1667151.30/cwt145.75–152.751,00955
Steers—Medium and Large 1720146.57/cwt140.00–152.501,055244
Steers—Medium and Large 1766139.74/cwt138.00–141.501,07020
Steers—Medium and Large 1826132.74/cwt129.75–136.501,096353
Steers—Medium and Large 1851130.58/cwt126.75–132.501,11133
Steers—Medium and Large 1-2879114.00/cwt114.00–114.001,0024
Steers—Medium and Large 1945121.60/cwt121.60–121.601,14956
Steers—Medium and Large 1980115.75/cwt115.75–115.751,13447
Feeder Cattle · Heifers20 lots · lightest first
Heifers—Medium and Large 1326176.57/cwt175.00–179.005768
Heifers—Medium and Large 1-2360160.00/cwt160.00–160.005763
Heifers—Medium and Large 1391178.17/cwt173.00–188.0069717
Heifers—Medium and Large 1408172.30/cwt169.50–181.0070339
Heifers—Medium and Large 1-2438157.00/cwt157.00–157.006883
Heifers—Medium and Large 1-2458151.00/cwt151.00–151.006926
Heifers—Medium and Large 1483159.10/cwt153.00–164.0076888
Heifers—Medium and Large 1518154.19/cwt148.00–157.5079986
Heifers—Medium and Large 1-2521145.37/cwt145.00–145.5075716
Heifers—Medium and Large 1Unweaned573138.00/cwt138.00–138.007918
Heifers—Medium and Large 1585140.55/cwt137.00–145.5082269
Heifers—Medium and Large 1-2593124.99/cwt124.00–126.007416
Heifers—Medium and Large 1-2618124.41/cwt123.50–125.007695
Heifers—Medium and Large 1626135.61/cwt131.50–138.5084928
Heifers—Medium and Large 1Fleshy663128.00/cwt128.00–128.008494
Heifers—Medium and Large 1667131.05/cwt128.75–132.0087447
Heifers—Medium and Large 1725132.94/cwt131.50–134.2596419
Heifers—Medium and Large 1784121.14/cwt119.00–130.0095040
Heifers—Medium and Large 192695.00/cwt95.00–95.008805
Heifers—Medium and Large 11,012106.00/cwt106.00–106.001,0733

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.