Sale reports / Iowa / Lamoni Livestock Auction / 2024-02-01

Lamoni Livestock Auction

Feeder Cattle · Lamoni, Iowa · Thu, Feb 1
● Final55 lots reportedUSDA AMS · slug 2158
Receipts
3,613 head
▲ 2,324 vs last sale 1,289▲ 151 vs year ago 3,462 · +4.4%
View

Reporter comment USDA

As filed

Compared to a week ago, steers 600 to 650 lbs. sold 5.00 lower, while 650 to 750 lb. steers sold 6.00 to 10.00 higher. Steers 750 lbs. and heavier sold with a higher undertone compared to last weeks light test. Heifers sold sharply higher on last weeks light test. Demand was very good. Supply was heavy.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $261.66/cwt on 2,126 head.
Average price
$261.66
2,126 head · 705 lb average
Value per head Derived
$1,845
Price × average weight ÷ 100
Grade differential Derived
−$622
per head · Medium and Large 1-2 over Large 1
$70.28/cwt at this weight
vs the market
+2.97
vs IA average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2545265.281,445109
Medium and Large 1711261.901,8632,004
Large 11,060195.002,06713thin
One grade step is worth $70.28/cwt here — about −$622 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 sale2,126 hd
261.66
—
IA average10 barns · 10,772 hd
258.69
+2.97
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Every lot

55 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 · Steers27 lots · lightest first
Steers—Medium and Large 1-2376317.50/cwt317.50–317.501,1945
Steers—Medium and Large 1-2430293.66/cwt287.50–300.001,2638
Steers—Medium and Large 1447349.32/cwt338.00–355.001,56121
Steers—Medium and Large 1Unweaned467269.00/cwt269.00–269.001,2563
Steers—Medium and Large 1478319.94/cwt304.00–335.001,52938
Steers—Medium and Large 1-2487301.00/cwt301.00–301.001,4665
Steers—Medium and Large 1-2Unweaned514265.92/cwt265.00–273.001,36746
Steers—Medium and Large 1-2536271.45/cwt230.00–279.001,45519
Steers—Medium and Large 1537312.81/cwt292.00–318.001,680108
Steers—Medium and Large 1Unweaned537290.00/cwt290.00–290.001,5576
Steers—Medium and Large 1Unweaned563259.00/cwt259.00–259.001,45816
Steers—Medium and Large 1-2574267.00/cwt267.00–267.001,5334
Steers—Medium and Large 1577298.83/cwt284.00–310.001,724122
Steers—Medium and Large 1618287.35/cwt266.00–292.501,776364
Steers—Medium and Large 1Unweaned629234.00/cwt234.00–234.001,4725
Steers—Medium and Large 1-2Unweaned658236.00/cwt236.00–236.001,55315
Steers—Medium and Large 1674266.42/cwt250.00–274.501,796181
Steers—Medium and Large 1Unweaned716232.00/cwt232.00–232.001,6618
Steers—Medium and Large 1721252.56/cwt238.00–258.001,821333
Steers—Medium and Large 1770245.17/cwt231.00–250.001,888257
Steers—Medium and Large 1-2770219.00/cwt219.00–219.001,6864
Steers—Medium and Large 1811233.33/cwt210.00–240.001,892151
Steers—Medium and Large 1-2845200.00/cwt200.00–200.001,6903
Steers—Medium and Large 1867231.48/cwt208.00–236.002,007380
Steers—Medium and Large 1920211.27/cwt209.00–213.001,9447
Steers—Medium and Large 1993196.50/cwt196.50–196.501,9514
Steers—Large 11,060195.00/cwt195.00–195.002,06713
Feeder Cattle · Heifers26 lots · lightest first
Heifers—Medium and Large 1355262.50/cwt262.50–262.509323
Heifers—Medium and Large 1-2424228.00/cwt228.00–228.009679
Heifers—Medium and Large 1430280.01/cwt270.00–288.001,20448
Heifers—Medium and Large 1Unweaned437250.00/cwt250.00–250.001,0935
Heifers—Medium and Large 1462263.60/cwt249.00–277.001,21833
Heifers—Medium and Large 1Unweaned476249.56/cwt248.00–252.001,18810
Heifers—Medium and Large 1-2490220.76/cwt200.00–243.001,08228
Heifers—Medium and Large 1-2Unweaned493230.00/cwt230.00–230.001,1344
Heifers—Medium and Large 1Fancy500282.25/cwt282.25–282.251,41131
Heifers—Medium and Large 1-2521235.00/cwt235.00–235.001,22416
Heifers—Medium and Large 1524260.97/cwt250.00–267.751,36797
Heifers—Medium and Large 1Unweaned532234.81/cwt234.00–235.001,24915
Heifers—Medium and Large 1-2573220.48/cwt220.00–221.001,2636
Heifers—Medium and Large 1578259.74/cwt239.00–268.751,501199
Heifers—Medium and Large 1Unweaned581223.87/cwt219.00–228.001,3019
Heifers—Medium and Large 1614245.91/cwt228.00–258.751,510197
Heifers—Medium and Large 1Unweaned617214.00/cwt214.00–214.001,32013
Heifers—Medium and Large 1-2645220.00/cwt220.00–220.001,4197
Heifers—Medium and Large 1Unweaned676202.00/cwt202.00–202.001,3668
Heifers—Medium and Large 1678238.09/cwt215.00–246.001,614186
Heifers—Medium and Large 1-2678210.00/cwt210.00–210.001,4244
Heifers—Medium and Large 1725226.06/cwt213.50–234.751,639269
Heifers—Medium and Large 1Unweaned740190.00/cwt190.00–190.001,4063
Heifers—Medium and Large 1781212.58/cwt200.00–215.001,66018
Heifers—Medium and Large 1850204.00/cwt204.00–204.001,7345
Heifers—Medium and Large 1923182.00/cwt182.00–182.001,6806
Feeder Cattle · Bulls2 lots · lightest first
Bulls—Medium and Large 1482281.00/cwt281.00–281.001,3548
Bulls—Medium and Large 1760180.00/cwt180.00–180.001,3683

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.