Sale reports / Iowa / Lamoni Livestock Auction / 2024-01-11

Lamoni Livestock Auction

Feeder Cattle · Lamoni, Iowa · Thu, Jan 11
● Final30 lots reportedUSDA AMS · slug 2158
Receipts
1,570 head
▼ 144 vs last sale 1,714▼ 1,225 vs year ago 2,795 · −43.8%
View

Reporter comment USDA

As filed

Compared to last week, steers under 650 lbs. sold 2.00 to 4.00 higher, while steers over 650 lbs. sold mostly 7.00 to 10.00 lower. Heifers sold 5.00 to sharply lower. Demand was good today. Supply was moderate and included a few load lots.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $249.06/cwt on 893 head.
Average price
$249.06
893 head · 686 lb average
Value per head Derived
$1,708
Price × average weight ÷ 100
Grade differential Derived
−$450
per head · Medium and Large 1-2 over Medium and Large 1
$7.49/cwt at this weight
vs the market
−0.09
vs IA average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2493256.431,26514thin
Medium and Large 1689248.941,715879
One grade step is worth $7.49/cwt here — about −$450 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 sale893 hd
249.06
—
IA average7 barns · 10,536 hd
249.15
−0.09
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Every lot

30 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 · Steers15 lots · lightest first
Steers—Medium and Large 1422315.00/cwt315.00–315.001,3295
Steers—Medium and Large 1466314.93/cwt300.00–318.001,46823
Steers—Medium and Large 1-2471271.00/cwt271.00–271.001,27610
Steers—Medium and Large 1532275.46/cwt264.00–283.001,46531
Steers—Medium and Large 1Unweaned543246.00/cwt246.00–246.001,3366
Steers—Medium and Large 1-2549220.00/cwt220.00–220.001,2084
Steers—Medium and Large 1566275.74/cwt261.00–286.501,561130
Steers—Medium and Large 1628265.89/cwt249.50–272.251,670179
Steers—Medium and Large 1Unweaned635219.27/cwt216.00–226.001,39212
Steers—Medium and Large 1670242.37/cwt236.00–257.501,624132
Steers—Medium and Large 1715239.19/cwt219.00–245.501,710128
Steers—Medium and Large 1791216.81/cwt215.50–222.501,71558
Steers—Medium and Large 1813214.49/cwt210.50–219.001,74453
Steers—Medium and Large 1865228.48/cwt207.00–229.501,97668
Steers—Medium and Large 1958219.00/cwt219.00–219.002,09854
Feeder Cattle · Heifers12 lots · lightest first
Heifers—Medium and Large 1Fancy469260.00/cwt260.00–260.001,21924
Heifers—Medium and Large 1470242.06/cwt225.00–248.001,13839
Heifers—Medium and Large 1-2538210.00/cwt210.00–210.001,1306
Heifers—Medium and Large 1540235.87/cwt220.00–238.001,27432
Heifers—Medium and Large 1578234.89/cwt220.00–242.001,358153
Heifers—Medium and Large 1Unweaned578211.00/cwt211.00–211.001,2208
Heifers—Medium and Large 1-2592210.00/cwt210.00–210.001,2436
Heifers—Medium and Large 1626220.06/cwt200.50–228.501,378142
Heifers—Medium and Large 1678207.37/cwt198.00–216.251,40636
Heifers—Medium and Large 1Unweaned708187.00/cwt187.00–187.001,3243
Heifers—Medium and Large 1715204.53/cwt195.75–211.501,46227
Heifers—Medium and Large 1762197.50/cwt197.50–197.501,5059
Feeder Cattle · Bulls3 lots · lightest first
Bulls—Medium and Large 1-2559218.00/cwt218.00–218.001,2199
Bulls—Medium and Large 1651205.00/cwt205.00–205.001,3355
Bulls—Medium and Large 1-2679190.00/cwt190.00–190.001,2904

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.