Sale reports / Iowa / Lamoni Livestock Auction / 2024-05-16

Lamoni Livestock Auction

Name: Lamoni Livestock Auction livestock auction prices — 2024-05-16
Creator: RaisedBeef
Published: 2024-05-16

Feeder Cattle · Lamoni, Iowa · Thu, May 16

● Final56 lots reportedUSDA AMS · slug 2158

← May 2May 16May 30 →

Receipts

3,163 head

▲ 1,478 vs last sale 1,685▲ 623 vs year ago 2,540 · +24.5%

View

Reporter comment USDA

As filed

Compared to the sale two weeks ago, steers sold 5.00 to 23.00 higher. Heifers under 550 lbs. sold 5.00 to 6.00 lower; while heifers over 550 lbs. sold mostly 5.00 to 15.00 higher. Several groups of quality unweaned calves were offered today without the usual discounts. Supply was heavy today and included several load lots of yearling cattle. Demand was very good.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $344.93/cwt on 405 head. That ranks 1 of 13 comparable sales and sits −116.16 against this barn's trailing median of $461.09.

Average price

$344.93

405 head · 551 lb average

Value per head Derived

$1,900

Price × average weight ÷ 100

Grade differential Derived

$173

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

$42.28/cwt at this weight

vs the market

+3.87

vs IA average

+34.16 vs national

Price by quality 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	546	354.54	1,938	313
Medium and Large 1-2	565	312.26	1,765	92

One grade step is worth $42.28/cwt here — about $173 a head. Across this sale the premium is widest at 400–500 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 sale405 hd

344.93

—

IA average2 barns · 454 hd

341.06

+3.87

National average163 barns · 10,302 hd

310.77

+34.16

This barn, trailing median13 sales

461.09

−116.16

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

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

56 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 · Steers29 lots · lightest first
Steers	350–400	Medium and Large 1Fancy	353	426.00/cwt	426.00–426.00	1,504	17
Steers	350–400	Medium and Large 1	354	392.50/cwt	392.50–392.50	1,389	5
Steers	400–450	Medium and Large 1	425	371.81/cwt	370.00–375.00	1,580	8
Steers	400–450	Medium and Large 1-2	435	369.00/cwt	369.00–369.00	1,605	11
Steers	400–450	Medium and Large 1Fancy	438	415.00/cwt	415.00–415.00	1,818	19
Steers	400–450	Medium and Large 1Unweaned	438	400.50/cwt	400.50–400.50	1,754	33
Steers	450–500	Medium and Large 1	478	364.09/cwt	354.00–378.00	1,740	119
Steers	450–500	Medium and Large 1-2	485	324.98/cwt	284.00–342.00	1,576	42
Steers	500–550	Medium and Large 1	508	363.33/cwt	348.00–368.00	1,846	49
Steers	500–550	Medium and Large 1Unweaned	526	368.28/cwt	337.50–369.50	1,937	105
Steers	500–550	Medium and Large 1-2	533	314.67/cwt	296.00–324.00	1,677	19
Steers	500–550	Medium and Large 1-2Unweaned	535	313.00/cwt	313.00–313.00	1,675	12
Steers	550–600	Medium and Large 1Fancy	560	370.00/cwt	370.00–370.00	2,072	33
Steers	550–600	Medium and Large 1	575	335.62/cwt	326.00–347.00	1,930	126
Steers	550–600	Medium and Large 1-2	581	311.36/cwt	293.00–319.00	1,809	61
Steers	600–650	Medium and Large 1Unweaned	610	318.74/cwt	294.00–322.50	1,944	32
Steers	600–650	Medium and Large 1	621	310.59/cwt	295.00–319.00	1,929	157
Steers	600–650	Medium and Large 1-2	639	287.83/cwt	286.00–289.00	1,839	18
Steers	650–700	Medium and Large 1Unweaned	650	280.18/cwt	280.00–281.00	1,821	17
Steers	650–700	Medium and Large 1	674	289.71/cwt	275.00–291.75	1,953	99
Steers	700–750	Medium and Large 1	710	277.31/cwt	275.00–280.50	1,969	71
Steers	700–750	Medium and Large 1Unweaned	729	245.00/cwt	245.00–245.00	1,786	9
Steers	750–800	Medium and Large 1	765	278.37/cwt	256.00–280.50	2,130	184
Steers	750–800	Medium and Large 1Fleshy	770	251.00/cwt	251.00–251.00	1,933	12
Steers	800–850	Medium and Large 1	822	253.53/cwt	245.00–257.00	2,084	209
Steers	850–900	Medium and Large 1	874	249.77/cwt	238.00–254.00	2,183	130
Steers	900–950	Medium and Large 1	919	244.63/cwt	241.50–246.25	2,248	191
Steers	900–950	Large 1	942	220.25/cwt	220.25–220.25	2,075	36
Steers	1000–1050	Large 1	1,010	224.80/cwt	199.00–228.75	2,270	70
Feeder Cattle · Heifers23 lots · lightest first
Heifers	300–350	Medium and Large 1	335	371.09/cwt	360.00–380.00	1,243	7
Heifers	350–400	Medium and Large 1	372	346.00/cwt	337.50–352.50	1,287	48
Heifers	400–450	Medium and Large 1Unweaned	413	334.00/cwt	334.00–334.00	1,379	18
Heifers	400–450	Medium and Large 1	440	323.65/cwt	317.00–334.00	1,424	105
Heifers	450–500	Medium and Large 1	474	310.45/cwt	296.00–319.00	1,472	101
Heifers	450–500	Medium and Large 1Unweaned	477	323.00/cwt	323.00–323.00	1,541	49
Heifers	500–550	Medium and Large 1Thin Fleshed	513	317.00/cwt	317.00–317.00	1,626	35
Heifers	500–550	Medium and Large 1	530	301.75/cwt	300.00–305.00	1,599	46
Heifers	500–550	Medium and Large 1-2	531	277.85/cwt	258.00–292.00	1,475	16
Heifers	500–550	Medium and Large 1Unweaned	537	281.67/cwt	272.00–294.00	1,513	25
Heifers	550–600	Medium and Large 1Thin Fleshed	552	302.50/cwt	302.50–302.50	1,670	25
Heifers	550–600	Medium and Large 1	578	294.76/cwt	280.00–298.00	1,704	53
Heifers	550–600	Medium and Large 1Unweaned	580	300.00/cwt	300.00–300.00	1,740	11
Heifers	550–600	Medium and Large 1-2	586	266.07/cwt	260.00–270.00	1,559	37
Heifers	600–650	Medium and Large 1-2	611	247.26/cwt	230.00–260.00	1,511	7
Heifers	600–650	Medium and Large 1	613	282.65/cwt	272.00–291.75	1,733	88
Heifers	600–650	Medium and Large 1Unweaned	625	250.00/cwt	250.00–250.00	1,563	6
Heifers	650–700	Medium and Large 1-2	679	233.00/cwt	233.00–233.00	1,582	5
Heifers	650–700	Medium and Large 1	692	251.40/cwt	242.00–252.75	1,740	43
Heifers	700–750	Medium and Large 1	720	244.11/cwt	239.00–248.00	1,758	31
Heifers	750–800	Medium and Large 1	758	243.00/cwt	243.00–243.00	1,842	73
Heifers	800–850	Medium and Large 1	841	227.00/cwt	227.00–227.00	1,909	8
Heifers	900–950	Medium and Large 1	936	216.25/cwt	216.25–216.25	2,024	51
Feeder Cattle · Bulls4 lots · lightest first
Bulls	400–450	Medium and Large 1	412	345.00/cwt	345.00–345.00	1,421	10
Bulls	450–500	Medium and Large 1	456	296.00/cwt	296.00–296.00	1,350	6
Bulls	500–550	Medium and Large 1	521	282.80/cwt	281.00–288.00	1,473	16
Bulls	650–700	Medium and Large 1	689	245.00/cwt	245.00–245.00	1,688	5

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 May 16, 2024

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

Receipts 3,163Last week 1,685Year ago 2,540

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
5	350–400	354	392.50	392.50
8	400–450	425	370.00–375.00	371.81
119	450–500	478	354.00–378.00	364.09
49	500–550	508	348.00–368.00	363.33
126	550–600	575	326.00–347.00	335.62
157	600–650	621	295.00–319.00	310.59
99	650–700	674	275.00–291.75	289.71
71	700–750	710	275.00–280.50	277.31
184	750–800	765	256.00–280.50	278.37
209	800–850	822	245.00–257.00	253.53
130	850–900	874	238.00–254.00	249.77
191	900–950	919	241.50–246.25	244.63

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt
12	750–800	770	251.00	251.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
17	350–400	353	426.00	426.00
19	400–450	438	415.00	415.00
33	550–600	560	370.00	370.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Large 1$ per cwt · actual wt
36	900–950	942	220.25	220.25
70	1000–1050	1,010	199.00–228.75	224.80

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
33	400–450	438	400.50	400.50
105	500–550	526	337.50–369.50	368.28
32	600–650	610	294.00–322.50	318.74
17	650–700	650	280.00–281.00	280.18
9	700–750	729	245.00	245.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
11	400–450	435	369.00	369.00
42	450–500	485	284.00–342.00	324.98
19	500–550	533	296.00–324.00	314.67
61	550–600	581	293.00–319.00	311.36
18	600–650	639	286.00–289.00	287.83

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2 · Unweaned$ per cwt · actual wt
12	500–550	535	313.00	313.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
7	300–350	335	360.00–380.00	371.09
48	350–400	372	337.50–352.50	346.00
105	400–450	440	317.00–334.00	323.65
101	450–500	474	296.00–319.00	310.45
46	500–550	530	300.00–305.00	301.75
53	550–600	578	280.00–298.00	294.76
88	600–650	613	272.00–291.75	282.65
43	650–700	692	242.00–252.75	251.40
31	700–750	720	239.00–248.00	244.11
73	750–800	758	243.00	243.00
8	800–850	841	227.00	227.00
51	900–950	936	216.25	216.25

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
18	400–450	413	334.00	334.00
49	450–500	477	323.00	323.00
25	500–550	537	272.00–294.00	281.67
11	550–600	580	300.00	300.00
6	600–650	625	250.00	250.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
35	500–550	513	317.00	317.00
25	550–600	552	302.50	302.50

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2$ per cwt · actual wt
16	500–550	531	258.00–292.00	277.85
37	550–600	586	260.00–270.00	266.07
7	600–650	611	230.00–260.00	247.26
5	650–700	679	233.00	233.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
10	400–450	412	345.00	345.00
6	450–500	456	296.00	296.00
16	500–550	521	281.00–288.00	282.80
5	650–700	689	245.00	245.00

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.