Sale reports / Iowa / Lamoni Livestock Auction / 2024-09-05

Lamoni Livestock Auction

Feeder Cattle · Lamoni, Iowa · Thu, Sep 5
● Final55 lots reportedUSDA AMS · slug 2158
Receipts
2,339 head
▲ 1,111 vs last sale 1,228▲ 609 vs year ago 1,730 · +35.2%
View

Reporter comment USDA

As filed

No recent auction sale for comparison. Demand was very good today. Supply was heavy and included several load lots of yearling cattle coming off the grass.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $292.15/cwt on 142 head. That ranks 1 of 13 comparable sales and sits −168.94 against this barn's trailing median of $461.09.
Average price
$292.15
142 head · 544 lb average
Value per head Derived
$1,588
Price × average weight ÷ 100
Grade differential Derived
$237
per head · Medium and Large 1 over Medium and Large 1-2
$36.24/cwt at this weight
vs the market
+0.98
vs IA average
+22.75 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1547300.831,646108
Medium and Large 1-2532264.591,40934
One grade step is worth $36.24/cwt here — about $237 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 sale142 hd
292.15
—
IA average2 barns · 159 hd
291.18
+0.98
National average147 barns · 6,928 hd
269.40
+22.75
This barn, trailing median13 sales
461.09
−168.94
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

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
Steers300–350Medium and Large 1Unweaned330343.00/cwt343.00–343.001,13210
Steers300–350Medium and Large 1-2Unweaned339314.50/cwt314.50–314.501,0668
Steers350–400Medium and Large 1395326.50/cwt326.50–326.501,29019
Steers400–450Medium and Large 1Unweaned401326.00/cwt326.00–326.001,30730
Steers400–450Medium and Large 1-2410283.54/cwt280.00–285.001,16310
Steers450–500Medium and Large 1-2Unweaned461279.00/cwt279.00–279.001,28612
Steers450–500Medium and Large 1-2473262.28/cwt240.00–271.001,24121
Steers450–500Medium and Large 1Unweaned489310.00/cwt310.00–310.001,51663
Steers500–550Medium and Large 1Unweaned510289.00/cwt289.00–289.001,4746
Steers500–550Medium and Large 1-2517261.27/cwt250.00–280.001,35125
Steers500–550Medium and Large 1527304.31/cwt292.00–312.501,60460
Steers550–600Medium and Large 1-2575273.83/cwt262.00–284.001,5759
Steers550–600Medium and Large 1581297.55/cwt281.50–309.501,72942
Steers600–650Medium and Large 1-2613260.00/cwt260.00–260.001,5946
Steers600–650Medium and Large 1631281.97/cwt275.00–288.501,779124
Steers650–700Medium and Large 1672279.57/cwt261.00–285.501,87936
Steers650–700Medium and Large 1Unweaned678244.00/cwt244.00–244.001,6548
Steers650–700Medium and Large 1-2682240.82/cwt235.00–248.001,6429
Steers700–750Medium and Large 1731265.69/cwt252.00–274.501,942102
Steers700–750Medium and Large 1-2736230.00/cwt230.00–230.001,6935
Steers750–800Medium and Large 1768252.21/cwt249.50–257.001,937110
Steers800–850Large 1805233.00/cwt233.00–233.001,8765
Steers800–850Medium and Large 1807249.13/cwt249.00–249.502,01057
Steers850–900Medium and Large 1-2856231.00/cwt231.00–231.001,9774
Steers850–900Medium and Large 1876237.32/cwt226.00–239.252,079280
Steers900–950Medium and Large 1918229.00/cwt229.00–229.002,1027
Steers1150–1200Large 11,182176.00/cwt176.00–176.002,0805
Feeder Cattle · Heifers25 lots · lightest first
Heifers300–350Medium and Large 1322319.07/cwt317.00–320.501,02721
Heifers300–350Medium and Large 1-2333250.00/cwt250.00–250.008334
Heifers350–400Medium and Large 1-2374284.00/cwt284.00–284.001,0626
Heifers350–400Medium and Large 1Fancy377333.00/cwt333.00–333.001,2557
Heifers350–400Medium and Large 1399294.00/cwt294.00–294.001,1735
Heifers400–450Medium and Large 1433289.57/cwt285.00–294.001,25412
Heifers450–500Medium and Large 1477276.21/cwt267.00–282.001,31834
Heifers450–500Medium and Large 1-2478256.00/cwt256.00–256.001,22412
Heifers500–550Medium and Large 1525274.97/cwt270.00–279.501,44420
Heifers500–550Medium and Large 1Unweaned533272.50/cwt272.50–272.501,4529
Heifers500–550Medium and Large 1Fancy538295.25/cwt295.25–295.251,58835
Heifers500–550Medium and Large 1-2546246.50/cwt246.50–246.501,3464
Heifers550–600Medium and Large 1562270.92/cwt264.50–281.001,52376
Heifers600–650Medium and Large 1636250.32/cwt242.00–260.001,592102
Heifers600–650Medium and Large 1Unweaned640235.50/cwt235.50–235.501,5075
Heifers650–700Medium and Large 1-2650233.00/cwt233.00–233.001,5154
Heifers650–700Medium and Large 1657257.18/cwt247.50–259.501,69089
Heifers700–750Medium and Large 1712242.23/cwt235.00–247.001,725134
Heifers750–800Medium and Large 1-2771225.77/cwt217.00–228.001,74115
Heifers750–800Medium and Large 1775238.75/cwt231.00–244.001,850203
Heifers800–850Medium and Large 1811231.67/cwt226.00–235.001,87911
Heifers850–900Medium and Large 1870228.30/cwt216.00–230.001,98636
Heifers900–950Medium and Large 1917223.17/cwt221.00–224.502,04629
Heifers950–1000Medium and Large 1980209.64/cwt204.50–218.002,05415
Heifers1000–1050Large 11,021205.00/cwt205.00–205.002,09312
Feeder Cattle · Bulls3 lots · lightest first
Bulls400–450Medium and Large 1405262.50/cwt262.50–262.501,0634
Bulls500–550Medium and Large 1503239.00/cwt239.00–239.001,2026
Bulls1000–1050Large 11,042165.00/cwt165.00–165.001,7195

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.