Sale reports / Iowa / Lamoni Livestock Auction / 2023-03-02

Lamoni Livestock Auction

Feeder Cattle · Lamoni, Iowa · Thu, Mar 2
● Final41 lots reportedUSDA AMS · slug 2158
Receipts
3,199 head
▲ 1,561 vs last sale 1,638▲ 1,054 vs year ago 2,145 · +49.1%
View

Reporter comment USDA

As filed

Compared to the sale two weeks ago, steers sold sharply higher. Heifers sold steady to 10.00 higher. Some of the cattle exhibited a moderate amount of mud due to the recent thawing after the region received rain. Supply was heavy today that included several load lots of yearling cattle. Demand was very good.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $208.39/cwt on 1,843 head.
Average price
$208.39
1,843 head · 687 lb average
Value per head Derived
$1,433
Price × average weight ÷ 100
Grade differential Derived
−$637
per head · Medium and Large 1-2 over Large 1
$34.10/cwt at this weight
vs the market
+5.27
vs IA average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2555209.351,16139
Medium and Large 1682209.241,4261,758
Large 11,026175.251,79846
One grade step is worth $34.10/cwt here — about −$637 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 sale1,843 hd
208.39
—
IA average9 barns · 6,986 hd
203.13
+5.27
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Every lot

41 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 · Steers23 lots · lightest first
Steers—Medium and Large 1336241.19/cwt237.50–245.0081010
Steers—Medium and Large 1363238.00/cwt238.00–238.008643
Steers—Medium and Large 1Unweaned384270.00/cwt270.00–270.001,0376
Steers—Medium and Large 1420257.97/cwt241.50–270.001,08347
Steers—Medium and Large 1480253.17/cwt234.00–259.001,21559
Steers—Medium and Large 1Unweaned499241.00/cwt241.00–241.001,20318
Steers—Medium and Large 1-2520216.92/cwt216.00–219.001,12825
Steers—Medium and Large 1524237.85/cwt220.50–249.001,246148
Steers—Medium and Large 1Fancy530251.00/cwt251.00–251.001,3305
Steers—Medium and Large 1576231.04/cwt217.00–240.001,331157
Steers—Medium and Large 1-2581203.60/cwt200.00–207.001,1836
Steers—Medium and Large 1Unweaned585212.00/cwt212.00–212.001,24034
Steers—Medium and Large 1627218.74/cwt202.00–226.751,371227
Steers—Medium and Large 1-2643190.00/cwt190.00–190.001,2228
Steers—Medium and Large 1674209.09/cwt198.00–213.251,409275
Steers—Medium and Large 1Unweaned691183.00/cwt183.00–183.001,26511
Steers—Medium and Large 1731194.26/cwt175.00–199.501,420339
Steers—Medium and Large 1779183.33/cwt170.00–187.501,42845
Steers—Medium and Large 1809182.48/cwt178.00–184.501,47692
Steers—Medium and Large 1859185.23/cwt165.00–188.001,591145
Steers—Medium and Large 1920182.31/cwt167.50–185.001,677125
Steers—Medium and Large 1970171.00/cwt171.00–171.001,65912
Steers—Large 11,026175.25/cwt175.25–175.251,79846
Feeder Cattle · Heifers17 lots · lightest first
Heifers—Medium and Large 1370221.31/cwt211.00–232.0081931
Heifers—Medium and Large 1-2377180.00/cwt180.00–180.006793
Heifers—Medium and Large 1Unweaned402219.00/cwt219.00–219.008809
Heifers—Medium and Large 1-2409192.50/cwt192.50–192.507874
Heifers—Medium and Large 1432229.03/cwt211.00–236.5098954
Heifers—Medium and Large 1-2470190.18/cwt182.50–198.0089448
Heifers—Medium and Large 1471225.22/cwt213.00–234.001,06155
Heifers—Medium and Large 1Unweaned483228.50/cwt228.50–228.501,10423
Heifers—Medium and Large 1-2523185.49/cwt182.00–190.0097037
Heifers—Medium and Large 1533213.73/cwt201.00–223.001,139260
Heifers—Medium and Large 1580197.86/cwt180.00–202.751,148198
Heifers—Medium and Large 1Unweaned581184.00/cwt184.00–184.001,06939
Heifers—Medium and Large 1631188.67/cwt172.00–193.251,191151
Heifers—Medium and Large 1676176.25/cwt170.00–184.001,19171
Heifers—Medium and Large 1713174.26/cwt170.00–175.001,242104
Heifers—Medium and Large 1759168.40/cwt163.25–172.001,27851
Heifers—Medium and Large 1835159.00/cwt159.00–159.001,3284
Feeder Cattle · Bulls1 lot · lightest first
Bulls—Medium and Large 1456236.51/cwt228.00–245.001,0788

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.