Sale reports / Iowa / Lamoni Livestock Auction / 2024-09-19

Lamoni Livestock Auction

Feeder Cattle · Lamoni, Iowa · Thu, Sep 19
● Final26 lots reportedUSDA AMS · slug 2158
Receipts
1,140 head
▼ 1,199 vs last sale 2,339▼ 590 vs year ago 1,730 · −34.1%
View

Reporter comment USDA

As filed

Compared to the auction 2 weeks ago, no test on lighter weight steer calves, eight weight steers were 8.00 - 10.00 higher. Heifers weighing 800 - 900 lbs were fully steady to 2.00 lower. Available today were many load lots of quality yearling steers and heifers coming off grass. Demand was very good for today's moderate supply. Trade was active.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $285.16/cwt on 18 head. That ranks 1 of 13 comparable sales and sits −175.93 against this barn's trailing median of $461.09.
Average price
$285.16
18 head · 546 lb average
Value per head Derived
$1,558
Price × average weight ÷ 100
Grade differential Derived
—
single grade reported
vs the market
−9.96
vs IA average
+18.52 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1546285.161,55818thin
Only one grade was reported at this weight, so there is no spread to compute.

How it compared 500–600 lb

Same class and week · spot auction only
This sale18 hd
285.16
—
IA average4 barns · 905 hd
295.12
−9.96
National average174 barns · 10,991 hd
266.64
+18.52
This barn, trailing median13 sales
461.09
−175.93
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

26 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 · Steers10 lots · lightest first
Steers500–550Medium and Large 1545284.99/cwt283.00–286.001,55315
Steers550–600Medium and Large 1553286.00/cwt286.00–286.001,5823
Steers600–650Medium and Large 1619267.00/cwt267.00–267.001,65320
Steers650–700Medium and Large 1686267.31/cwt266.00–268.001,83414
Steers700–750Medium and Large 1720262.54/cwt262.25–264.001,89036
Steers750–800Medium and Large 1764256.00/cwt256.00–256.001,95611
Steers800–850Medium and Large 1836233.00/cwt233.00–233.001,9484
Steers850–900Medium and Large 1857248.37/cwt247.75–249.002,129254
Steers900–950Medium and Large 1932228.00/cwt228.00–228.002,1253
Steers950–1000Medium and Large 1955238.00/cwt238.00–238.002,273168
Feeder Cattle · Heifers9 lots · lightest first
Heifers400–450Medium and Large 1404289.00/cwt289.00–289.001,16810
Heifers400–450Medium and Large 1Unweaned424264.00/cwt264.00–264.001,1195
Heifers450–500Medium and Large 1466291.00/cwt291.00–291.001,3567
Heifers550–600Medium and Large 1559256.50/cwt256.50–256.501,4346
Heifers600–650Medium and Large 1643257.00/cwt257.00–257.001,6539
Heifers700–750Medium and Large 1709241.50/cwt241.50–241.501,71211
Heifers800–850Medium and Large 1Spayed831226.50/cwt226.50–226.501,88265
Heifers850–900Medium and Large 1850225.00/cwt225.00–225.001,9133
Heifers900–950Medium and Large 1Spayed932222.05/cwt221.75–222.502,070287
Feeder Cattle · Bulls7 lots · lightest first
Bulls350–400Medium and Large 1Natural399262.00/cwt262.00–262.001,0454
Bulls400–450Medium and Large 1428311.00/cwt311.00–311.001,3316
Bulls400–450Medium and Large 1Natural429271.00/cwt271.00–271.001,1636
Bulls500–550Medium and Large 1510284.71/cwt284.00–286.001,45211
Bulls550–600Medium and Large 1Natural552243.00/cwt243.00–243.001,3415
Bulls600–650Medium and Large 1Natural646230.50/cwt230.50–230.501,48910
Bulls700–750Medium and Large 1Natural715227.00/cwt227.00–227.001,6233

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.