Sale reports / Iowa / Lamoni Livestock Auction / 2020-10-08

Lamoni Livestock Auction

Feeder Cattle · Lamoni, Iowa · Thu, Oct 8
● Final38 lots reportedUSDA AMS · slug 2158
Receipts
1,527 head
▲ 479 vs last sale 1,048▲ 1,527 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Steers 600-1000 lbs. sold mostly 3.50-5.00 higher. Heifers 550-750 lbs. were mostly 5.00-10.00 higher. The 750-800 lb. heifers were 2.00 lower and those over 800 lbs. did not have enough numbers to compare. Demand was good for the moderate 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 $146.14/cwt on 931 head.
Average price
$146.14
931 head · 772 lb average
Value per head Derived
$1,128
Price × average weight ÷ 100
Grade differential Derived
$65
per head · Medium and Large 1 over Large 1
$15.05/cwt at this weight
vs the market
+8.70
vs IA average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1772147.551,139841
Medium and Large 1-2768133.161,02273
Large 1810132.501,07317thin
One grade step is worth $15.05/cwt here — about $65 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 sale931 hd
146.14
—
IA average5 barns · 2,249 hd
137.44
+8.70
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 · Steers17 lots · lightest first
Steers—Medium and Large 1411166.00/cwt166.00–166.006826
Steers—Medium and Large 1-2453154.00/cwt154.00–154.006985
Steers—Medium and Large 1Unweaned523165.50/cwt165.50–165.508666
Steers—Medium and Large 1545156.00/cwt156.00–156.0085051
Steers—Medium and Large 1565154.76/cwt145.00–159.0087423
Steers—Medium and Large 1635156.63/cwt155.50–156.7599590
Steers—Medium and Large 1-2659136.45/cwt136.00–137.008999
Steers—Medium and Large 1680140.20/cwt139.00–144.0095329
Steers—Medium and Large 1727152.64/cwt146.00–153.001,110138
Steers—Medium and Large 1-2733131.24/cwt130.00–134.0096216
Steers—Medium and Large 1-2768132.90/cwt127.50–135.001,02111
Steers—Medium and Large 1773142.96/cwt134.00–145.501,105103
Steers—Large 1810132.50/cwt132.50–132.501,07317
Steers—Medium and Large 1-2815131.19/cwt130.00–133.001,06910
Steers—Medium and Large 1837148.02/cwt142.00–149.001,239274
Steers—Medium and Large 1-2887129.51/cwt128.50–130.501,14922
Steers—Medium and Large 1962132.83/cwt129.25–133.751,278121
Feeder Cattle · Heifers17 lots · lightest first
Heifers—Medium and Large 1Unweaned488137.00/cwt137.00–137.006694
Heifers—Medium and Large 1535138.19/cwt135.00–143.0073920
Heifers—Medium and Large 1-2537120.00/cwt120.00–120.006443
Heifers—Medium and Large 1582137.55/cwt130.00–142.0080123
Heifers—Medium and Large 1608140.25/cwt133.00–145.0085335
Heifers—Large 1632130.00/cwt130.00–130.008223
Heifers—Medium and Large 1677133.59/cwt130.00–136.0090444
Heifers—Medium and Large 1Fancy707145.75/cwt145.75–145.751,03012
Heifers—Medium and Large 1-2713126.32/cwt125.00–127.009016
Heifers—Medium and Large 1719140.56/cwt130.00–141.751,011108
Heifers—Large 1727133.50/cwt133.50–133.509717
Heifers—Medium and Large 1-2763122.03/cwt121.00–125.009318
Heifers—Medium and Large 1779133.15/cwt127.50–135.001,03765
Heifers—Medium and Large 1-2807120.00/cwt120.00–120.009685
Heifers—Medium and Large 1896127.25/cwt127.25–127.251,1408
Heifers—Medium and Large 1901121.00/cwt121.00–121.001,0909
Heifers—Medium and Large 1977117.03/cwt115.50–118.001,14313
Feeder Cattle · Bulls4 lots · lightest first
Bulls—Medium and Large 1480131.00/cwt131.00–131.006295
Bulls—Medium and Large 1Unweaned537137.00/cwt137.00–137.007363
Bulls—Medium and Large 1611126.49/cwt124.00–129.007736
Bulls—Medium and Large 188490.00/cwt90.00–90.007964

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.