Sale reports / Iowa / Lamoni Livestock Auction / 2023-09-07

Lamoni Livestock Auction

Feeder Cattle · Lamoni, Iowa · Thu, Sep 7
● Final36 lots reportedUSDA AMS · slug 2158
Receipts
1,730 head
▲ 291 vs last sale 1,439▼ 826 vs year ago 2,556 · −32.3%
View

Reporter comment USDA

As filed

Customer Appreciation BBQ. No recent auction sale for comparison. Demand was very good today. Supply was heavy and included several load lots of reputation cattle.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $257.68/cwt on 972 head.
Average price
$257.68
972 head · 776 lb average
Value per head Derived
$1,999
Price × average weight ÷ 100
Grade differential Derived
−$568
per head · Medium and Large 1-2 over Medium and Large 1
$11.74/cwt at this weight
vs the market
+27.31
vs IA average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2546268.641,46765
Medium and Large 1792256.892,035907
One grade step is worth $11.74/cwt here — about −$568 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 sale972 hd
257.68
—
IA average4 barns · 1,567 hd
230.37
+27.31
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Every lot

36 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 1390342.50/cwt342.50–342.501,3366
Steers—Medium and Large 1-2425294.00/cwt294.00–294.001,25013
Steers—Medium and Large 1-2483286.63/cwt247.50–297.001,38427
Steers—Medium and Large 1510316.61/cwt310.00–320.501,61548
Steers—Medium and Large 1Unweaned522280.00/cwt280.00–280.001,46214
Steers—Medium and Large 1-2565255.39/cwt250.00–263.001,44310
Steers—Medium and Large 1588301.72/cwt280.00–305.001,77480
Steers—Medium and Large 1616288.80/cwt275.00–301.101,77957
Steers—Medium and Large 1657265.35/cwt262.00–270.001,74319
Steers—Medium and Large 1-2668239.00/cwt239.00–239.001,5976
Steers—Medium and Large 1718262.35/cwt251.00–272.001,884106
Steers—Medium and Large 1770250.92/cwt236.00–261.501,93236
Steers—Medium and Large 1-2809212.50/cwt212.50–212.501,7199
Steers—Medium and Large 1814258.86/cwt235.00–263.252,107198
Steers—Medium and Large 1860242.95/cwt227.00–248.502,08950
Steers—Medium and Large 1932219.00/cwt219.00–219.002,0413
Steers—Medium and Large 1962225.13/cwt223.25–225.602,166290
Feeder Cattle · Heifers19 lots · lightest first
Heifers—Medium and Large 1-2392238.50/cwt238.50–238.509359
Heifers—Medium and Large 1416275.62/cwt275.00–276.001,1478
Heifers—Medium and Large 1-2439248.70/cwt239.00–256.501,09220
Heifers—Medium and Large 1458259.50/cwt259.50–259.501,18934
Heifers—Medium and Large 1-2483250.00/cwt250.00–250.001,2084
Heifers—Medium and Large 1Fancy489292.09/cwt286.00–293.751,42828
Heifers—Medium and Large 1537276.48/cwt268.00–279.751,48564
Heifers—Medium and Large 1Fancy547290.25/cwt290.25–290.251,58824
Heifers—Medium and Large 1-2570240.95/cwt230.00–250.001,37322
Heifers—Medium and Large 1571276.82/cwt269.00–287.251,58165
Heifers—Medium and Large 1625239.99/cwt235.00–242.001,50041
Heifers—Medium and Large 1-2631233.00/cwt233.00–233.001,4707
Heifers—Medium and Large 1678258.25/cwt242.00–265.001,75172
Heifers—Medium and Large 1723237.40/cwt225.00–256.751,71665
Heifers—Medium and Large 1770226.55/cwt222.00–230.001,74415
Heifers—Medium and Large 1813226.95/cwt222.00–233.001,84519
Heifers—Medium and Large 1850226.50/cwt226.50–226.501,9253
Heifers—Medium and Large 1922226.55/cwt224.00–228.002,08960
Heifers—Medium and Large 1973219.00/cwt219.00–219.002,13116

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.