Sale reports / Iowa / Lamoni Livestock Auction / 2024-03-21

Lamoni Livestock Auction

Feeder Cattle · Lamoni, Iowa · Thu, Mar 21
● Final63 lots reportedUSDA AMS · slug 2158
Receipts
3,554 head
▲ 685 vs last sale 2,869▲ 1,615 vs year ago 1,939 · +83.3%
View

Reporter comment USDA

As filed

Last reported sales was three weeks ago a market trend is not applicable. However, a sharply higher undertone was noted. Demand was very good. Large crowd of buyers on hand Thursday and they bid readily from start to finish. With spring planting just around the corner farmer/feeders were in town buying cattle to go to the feedlot or for summer grass. Bulk of the sale was weaned calves with some fresh fall calves in the run coming from southern Iowa and northern Missouri. Majority of the cattle carried a "green tag" showing they had precondition shots from veterinarians and cattle displayed light to medium flesh.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $330.90/cwt on 359 head. That ranks 1 of 13 comparable sales and sits −130.20 against this barn's trailing median of $461.09.
Average price
$330.90
359 head · 557 lb average
Value per head Derived
$1,842
Price × average weight ÷ 100
Grade differential Derived
$202
per head · Medium and Large 1 over Large 1
$46.61/cwt at this weight
vs the market
−0.38
vs IA average
+12.61 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1551338.611,867282
Medium and Large 1-2579308.411,78650
Large 1570292.001,66427
One grade step is worth $46.61/cwt here — about $202 a head. Across this sale the premium is widest at 500–600 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 500–600 lb

Same class and week · spot auction only
This sale359 hd
330.90
—
IA average6 barns · 1,289 hd
331.27
−0.38
National average173 barns · 12,551 hd
318.29
+12.61
This barn, trailing median13 sales
461.09
−130.20
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

This barn's trailing prices 500–600 lb

13 sales
523474424374median 461.0903/1205/0706/1809/2410/29
Steers 500–600 lb: high $509.23, low $388.25, median $461.09 across 13 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

Every lot

63 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 · Steers32 lots · lightest first
Steers250–300Medium and Large 1-2Unweaned297430.00/cwt430.00–430.001,2778
Steers300–350Medium and Large 1Unweaned319422.05/cwt400.00–440.001,34612
Steers350–400Medium and Large 1365395.00/cwt395.00–395.001,4425
Steers350–400Medium and Large 1Unweaned380403.99/cwt365.00–425.001,53530
Steers400–450Medium and Large 1Fancy409445.00/cwt445.00–445.001,82010
Steers400–450Medium and Large 1433403.42/cwt400.00–412.001,74758
Steers400–450Medium and Large 1-2436337.62/cwt320.00–355.001,47210
Steers400–450Medium and Large 1Unweaned443359.71/cwt310.00–370.001,59434
Steers450–500Medium and Large 1Unweaned478333.00/cwt333.00–333.001,5925
Steers450–500Medium and Large 1488334.95/cwt247.00–357.001,63581
Steers500–550Medium and Large 1527349.50/cwt342.50–364.501,842117
Steers500–550Medium and Large 1-2531331.00/cwt331.00–331.001,7589
Steers500–550Medium and Large 1Unweaned541322.97/cwt317.00–325.001,74719
Steers550–600Large 1570292.00/cwt292.00–292.001,66427
Steers550–600Medium and Large 1572331.91/cwt324.00–345.001,899146
Steers550–600Medium and Large 1-2585303.81/cwt300.00–306.501,77723
Steers550–600Medium and Large 1-2Thin Fleshed596303.00/cwt303.00–303.001,80618
Steers600–650Medium and Large 1622315.49/cwt302.50–327.001,962134
Steers600–650Large 1647274.00/cwt274.00–274.001,7739
Steers650–700Medium and Large 1Unweaned651251.00/cwt251.00–251.001,63416
Steers650–700Medium and Large 1681299.68/cwt290.00–319.002,041151
Steers650–700Medium and Large 1-2690292.16/cwt284.00–295.002,01619
Steers700–750Medium and Large 1723285.12/cwt280.50–287.502,06195
Steers700–750Large 1724247.00/cwt247.00–247.001,7885
Steers700–750Medium and Large 1-2739272.80/cwt270.50–276.002,016100
Steers750–800Medium and Large 1776269.17/cwt261.50–272.502,08985
Steers750–800Medium and Large 1-2798251.24/cwt248.00–253.002,00517
Steers800–850Medium and Large 1832251.17/cwt247.50–253.502,090170
Steers850–900Medium and Large 1867248.86/cwt246.00–250.502,158316
Steers850–900Medium and Large 1-2886240.00/cwt240.00–240.002,12628
Steers900–950Medium and Large 1-2942211.50/cwt211.50–211.501,9929
Steers900–950Medium and Large 1948235.00/cwt235.00–235.002,22829
Feeder Cattle · Heifers29 lots · lightest first
Heifers250–300Medium and Large 1Unweaned290340.00/cwt340.00–340.009865
Heifers300–350Medium and Large 1-2318320.00/cwt320.00–320.001,0185
Heifers300–350Medium and Large 1Unweaned335345.91/cwt335.00–352.501,15921
Heifers350–400Medium and Large 1Unweaned373372.50/cwt372.50–372.501,38916
Heifers350–400Medium and Large 1-2Unweaned388331.11/cwt327.00–335.001,2856
Heifers400–450Medium and Large 1Unweaned418325.73/cwt317.50–337.001,36221
Heifers400–450Medium and Large 1-2421317.00/cwt317.00–317.001,3355
Heifers400–450Medium and Large 1430339.43/cwt337.00–340.001,46048
Heifers450–500Medium and Large 1459329.26/cwt322.00–337.001,51157
Heifers450–500Medium and Large 1Unweaned477312.17/cwt291.00–320.001,48926
Heifers450–500Medium and Large 1-2481303.12/cwt290.00–316.001,45836
Heifers500–550Medium and Large 1516313.50/cwt300.00–327.001,618116
Heifers550–600Large 1566284.50/cwt284.50–284.501,61020
Heifers550–600Medium and Large 1Unweaned570252.00/cwt252.00–252.001,43617
Heifers550–600Medium and Large 1-2581254.02/cwt245.00–269.001,47627
Heifers550–600Medium and Large 1-2Thin Fleshed584277.50/cwt277.50–277.501,62114
Heifers550–600Medium and Large 1586287.83/cwt278.00–296.001,687159
Heifers600–650Medium and Large 1Fleshy601262.33/cwt260.00–265.001,57715
Heifers600–650Medium and Large 1Thin Fleshed615291.02/cwt290.00–293.001,79015
Heifers600–650Medium and Large 1628271.31/cwt261.50–281.001,704186
Heifers600–650Medium and Large 1-2646243.00/cwt243.00–243.001,5708
Heifers650–700Medium and Large 1681252.63/cwt250.00–254.001,72035
Heifers650–700Medium and Large 1-2692242.36/cwt241.00–244.001,67717
Heifers700–750Medium and Large 1-2704237.00/cwt237.00–237.001,6687
Heifers700–750Medium and Large 1729250.61/cwt244.00–254.001,827285
Heifers750–800Medium and Large 1751251.75/cwt251.75–251.751,89168
Heifers750–800Medium and Large 1-2770235.88/cwt232.00–240.001,81632
Heifers800–850Medium and Large 1Fleshy806224.00/cwt224.00–224.001,8055
Heifers800–850Medium and Large 1818226.05/cwt225.00–229.501,84921
Feeder Cattle · Bulls2 lots · lightest first
Bulls450–500Medium and Large 1464330.00/cwt330.00–330.001,5314
Bulls750–800Medium and Large 1769235.00/cwt235.00–235.001,80710

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.