Sale reports / Iowa / Lamoni Livestock Auction / 2023-10-19

Lamoni Livestock Auction

Feeder Cattle · Lamoni, Iowa · Thu, Oct 19
● Final37 lots reportedUSDA AMS · slug 2158
Receipts
1,658 head
▼ 237 vs last sale 1,895▲ 158 vs year ago 1,500 · +10.5%
View

Reporter comment USDA

As filed

Compared to last sale two weeks ago, steers sold mostly 2.00 to 8.00 lower, heifers sold with a lower undertone on this weeks light test. Demand for the quality cattle presented today was good to very good. Supply was heavy and included several load lots of yearling steers.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $251.55/cwt on 1,281 head.
Average price
$251.55
1,281 head · 781 lb average
Value per head Derived
$1,964
Price × average weight ÷ 100
Grade differential Derived
$452
per head · Medium and Large 1 over Medium and Large 1-2
$21.62/cwt at this weight
vs the market
−0.17
vs IA average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1781251.621,9661,277
Medium and Large 1-2658230.001,5134thin
One grade step is worth $21.62/cwt here — about $452 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 sale1,281 hd
251.55
—
IA average8 barns · 4,531 hd
251.72
−0.17
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Every lot

37 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 1313310.00/cwt310.00–310.009703
Steers—Medium and Large 1Fancy410325.00/cwt325.00–325.001,3337
Steers—Medium and Large 1475283.19/cwt274.00–287.501,3459
Steers—Medium and Large 1Unweaned528270.00/cwt270.00–270.001,4263
Steers—Medium and Large 1533276.62/cwt270.00–283.001,47426
Steers—Medium and Large 1Unweaned558280.08/cwt276.50–293.001,56360
Steers—Medium and Large 1591265.00/cwt265.00–265.001,5666
Steers—Medium and Large 1620253.19/cwt245.00–269.001,57024
Steers—Medium and Large 1Unweaned621250.00/cwt250.00–250.001,5534
Steers—Medium and Large 1-2658230.00/cwt230.00–230.001,5134
Steers—Medium and Large 1Unweaned659238.92/cwt231.00–241.001,57415
Steers—Medium and Large 1672254.07/cwt240.00–265.001,70741
Steers—Medium and Large 1725260.68/cwt255.00–265.001,890169
Steers—Medium and Large 1769246.88/cwt231.00–255.501,899159
Steers—Medium and Large 1824250.02/cwt245.00–251.002,060411
Steers—Medium and Large 1869242.34/cwt233.00–246.002,106263
Steers—Medium and Large 1900238.75/cwt238.75–238.752,14960
Steers—Medium and Large 1957232.84/cwt226.00–235.752,22817
Feeder Cattle · Heifers17 lots · lightest first
Heifers—Medium and Large 1369262.50/cwt262.50–262.509694
Heifers—Medium and Large 1Unweaned396240.00/cwt240.00–240.009504
Heifers—Medium and Large 1479270.17/cwt259.00–284.001,29416
Heifers—Medium and Large 1Unweaned498280.18/cwt269.00–284.501,39525
Heifers—Medium and Large 1Unweaned502260.20/cwt248.00–265.501,30610
Heifers—Medium and Large 1536246.61/cwt243.00–251.001,32211
Heifers—Medium and Large 1Unweaned559249.03/cwt238.00–263.001,39239
Heifers—Medium and Large 1580225.00/cwt225.00–225.001,3053
Heifers—Medium and Large 1-2585218.00/cwt218.00–218.001,2754
Heifers—Medium and Large 1Unweaned601213.00/cwt213.00–213.001,2806
Heifers—Medium and Large 1623227.78/cwt220.00–235.001,41932
Heifers—Medium and Large 1671228.74/cwt227.00–230.001,53520
Heifers—Medium and Large 1743227.50/cwt227.50–227.501,6904
Heifers—Medium and Large 1778231.93/cwt231.50–234.001,80423
Heifers—Medium and Large 1805228.60/cwt226.50–229.001,84019
Heifers—Medium and Large 1858216.00/cwt216.00–216.001,8536
Heifers—Large 11,019194.66/cwt189.00–198.001,9848
Feeder Cattle · Bulls2 lots · lightest first
Bulls—Medium and Large 1-2499204.00/cwt204.00–204.001,0186
Bulls—Medium and Large 1-2673186.00/cwt186.00–186.001,2523

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.