Sale reports / Iowa / Lamoni Livestock Auction / 2024-02-29

Lamoni Livestock Auction

Name: Lamoni Livestock Auction livestock auction prices — 2024-02-29
Creator: RaisedBeef
Published: 2024-02-29

Feeder Cattle · Lamoni, Iowa · Thu, Feb 29

● Final41 lots reportedUSDA AMS · slug 2158

← Feb 15Feb 29Mar 21 →

Receipts

2,869 head

▼ 993 vs last sale 3,862▼ 330 vs year ago 3,199 · −10.3%

View

Reporter comment USDA

As filed

Compared to the sale two weeks ago, steers sold 8.00 to 17.00 higher. Heifers sold mostly steady to 19.00 higher, except the 550 to 600 lbs. heifers sold 16.00 lower. Supply was heavy today that included several load lots of steers across many weight groups. Demand was very good.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $271.51/cwt on 1,671 head.

Average price

$271.51

1,671 head · 714 lb average

Value per head Derived

$1,938

Price × average weight ÷ 100

Grade differential Derived

−$422

per head · Medium and Large 1-2 over Medium and Large 1

$13.93/cwt at this weight

vs the market

+3.78

vs IA average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1-2	547	284.09	1,554	162
Medium and Large 1	732	270.16	1,976	1,509

One grade step is worth $13.93/cwt here — about −$422 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 sale1,671 hd

271.51

—

IA average6 barns · 3,807 hd

267.74

+3.78

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.

Class	Weight	Grade / description	Avg wt	Price	Range	Per head	Head
Feeder Cattle · Steers23 lots · lightest first
Steers	—	Medium and Large 1	387	402.09/cwt	400.00–405.00	1,556	12
Steers	—	Medium and Large 1-2	392	308.00/cwt	308.00–308.00	1,207	5
Steers	—	Medium and Large 1-2	414	339.14/cwt	322.50–347.50	1,404	9
Steers	—	Medium and Large 1	420	383.33/cwt	372.50–397.50	1,610	11
Steers	—	Medium and Large 1Unweaned	427	330.00/cwt	330.00–330.00	1,409	3
Steers	—	Medium and Large 1-2	466	286.51/cwt	235.00–320.00	1,335	23
Steers	—	Medium and Large 1	491	346.73/cwt	343.00–350.00	1,702	56
Steers	—	Medium and Large 1	528	334.73/cwt	325.00–342.50	1,767	45
Steers	—	Medium and Large 1-2	534	288.61/cwt	270.00–303.00	1,541	74
Steers	—	Medium and Large 1-2	563	280.00/cwt	280.00–280.00	1,576	7
Steers	—	Medium and Large 1	570	318.35/cwt	303.00–330.50	1,815	76
Steers	—	Medium and Large 1	620	300.47/cwt	289.00–314.00	1,863	222
Steers	—	Medium and Large 1-2	629	269.10/cwt	265.00–270.00	1,693	38
Steers	—	Medium and Large 1	681	275.15/cwt	260.00–280.50	1,874	173
Steers	—	Medium and Large 1-2	693	232.00/cwt	232.00–232.00	1,608	3
Steers	—	Medium and Large 1	728	263.53/cwt	256.00–271.00	1,918	284
Steers	—	Medium and Large 1	768	252.70/cwt	230.00–255.50	1,941	156
Steers	—	Medium and Large 1	824	243.17/cwt	238.50–246.75	2,004	103
Steers	—	Medium and Large 1	861	241.37/cwt	221.00–249.75	2,078	187
Steers	—	Medium and Large 1	905	230.00/cwt	213.50–233.75	2,082	117
Steers	—	Medium and Large 1-2	923	200.50/cwt	200.50–200.50	1,851	3
Steers	—	Medium and Large 1	957	205.34/cwt	200.00–212.50	1,965	12
Steers	—	Medium and Large 1	1,028	208.50/cwt	208.50–208.50	2,143	52
Feeder Cattle · Heifers18 lots · lightest first
Heifers	—	Medium and Large 1	370	311.20/cwt	308.00–315.00	1,151	21
Heifers	—	Medium and Large 1	427	308.75/cwt	305.00–315.00	1,318	8
Heifers	—	Medium and Large 1Unweaned	445	280.00/cwt	280.00–280.00	1,246	3
Heifers	—	Medium and Large 1-2	473	254.47/cwt	239.00–268.00	1,204	15
Heifers	—	Medium and Large 1	482	296.65/cwt	280.00–305.00	1,430	101
Heifers	—	Medium and Large 1Fancy	484	315.00/cwt	315.00–315.00	1,525	9
Heifers	—	Medium and Large 1Fancy	503	315.00/cwt	315.00–315.00	1,584	24
Heifers	—	Medium and Large 1	528	284.45/cwt	269.00–295.50	1,502	51
Heifers	—	Medium and Large 1-2	547	254.00/cwt	254.00–254.00	1,389	3
Heifers	—	Medium and Large 1	590	268.98/cwt	259.50–285.50	1,587	211
Heifers	—	Medium and Large 1-2	610	245.00/cwt	245.00–245.00	1,495	4
Heifers	—	Medium and Large 1	622	270.10/cwt	259.00–275.50	1,680	176
Heifers	—	Medium and Large 1	664	261.74/cwt	259.00–262.50	1,738	41
Heifers	—	Medium and Large 1-2	694	226.50/cwt	226.50–226.50	1,572	11
Heifers	—	Medium and Large 1	733	238.84/cwt	229.50–243.00	1,751	202
Heifers	—	Medium and Large 1Fancy	761	247.50/cwt	247.50–247.50	1,883	23
Heifers	—	Medium and Large 1	787	223.62/cwt	219.00–228.00	1,760	68
Heifers	—	Medium and Large 1	819	211.04/cwt	210.00–212.50	1,728	12

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.

Iowa feeder prices, every weight →Every state and region →

Lamoni Livestock Feeder Cattle - Lamoni, IA

Thu Feb 29, 2024

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Des Moines, IA (LS-NW)

Receipts 2,869Last week 3,862Year ago 3,199

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
3	—	427	330.00	330.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
3	—	923	200.50	200.50
7	—	563	280.00	280.00
9	—	414	322.50–347.50	339.14
23	—	466	235.00–320.00	286.51
3	—	693	232.00	232.00
5	—	392	308.00	308.00
74	—	534	270.00–303.00	288.61
38	—	629	265.00–270.00	269.10

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
173	—	681	260.00–280.50	275.15
284	—	728	256.00–271.00	263.53
76	—	570	303.00–330.50	318.35
52	—	1,028	208.50	208.50
45	—	528	325.00–342.50	334.73
56	—	491	343.00–350.00	346.73
117	—	905	213.50–233.75	230.00
156	—	768	230.00–255.50	252.70
187	—	861	221.00–249.75	241.37
103	—	824	238.50–246.75	243.17
11	—	420	372.50–397.50	383.33
12	—	387	400.00–405.00	402.09
12	—	957	200.00–212.50	205.34
222	—	620	289.00–314.00	300.47

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Fancy$ per cwt · actual wt
9	—	484	315.00	315.00
23	—	761	247.50	247.50
24	—	503	315.00	315.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
8	—	427	305.00–315.00	308.75
12	—	819	210.00–212.50	211.04
21	—	370	308.00–315.00	311.20
176	—	622	259.00–275.50	270.10
202	—	733	229.50–243.00	238.84
68	—	787	219.00–228.00	223.62
211	—	590	259.50–285.50	268.98
41	—	664	259.00–262.50	261.74
51	—	528	269.00–295.50	284.45
101	—	482	280.00–305.00	296.65

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2$ per cwt · actual wt
3	—	547	254.00	254.00
15	—	473	239.00–268.00	254.47
11	—	694	226.50	226.50
4	—	610	245.00	245.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
3	—	445	280.00	280.00

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.