Sale reports / Iowa / Lamoni Livestock Auction / 2024-10-24

Lamoni Livestock Auction

Name: Lamoni Livestock Auction livestock auction prices — 2024-10-24
Creator: RaisedBeef
Published: 2024-10-24

Feeder Cattle · Lamoni, Iowa · Thu, Oct 24

● Final33 lots reportedUSDA AMS · slug 2158

← Oct 3Oct 24Nov 7 →

Receipts

1,318 head

▲ 93 vs last sale 1,225▼ 340 vs year ago 1,658 · −20.5%

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Reporter comment USDA

As filed

No trend as the last sale was three weeks ago. Demand was good today. Supply was moderate and included several load lots of yearling steer cattle coming off the grass.

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 $262.10/cwt on 36 head. That ranks 1 of 13 comparable sales and sits −199.00 against this barn's trailing median of $461.09.

Average price

$262.10

36 head · 552 lb average

Value per head Derived

$1,446

Price × average weight ÷ 100

Grade differential Derived

$91

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

$9.65/cwt at this weight

vs the market

−25.20

vs IA average

−36.94 vs national

Price by quality 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	559	267.19	1,494	17thin
Medium and Large 1-2	545	257.54	1,404	19thin

One grade step is worth $9.65/cwt here — about $91 a head. Across this sale the premium is widest at 600–700 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 sale36 hd

262.10

—

IA average4 barns · 461 hd

287.29

−25.20

National average191 barns · 36,605 hd

299.04

−36.94

This barn, trailing median13 sales

461.09

−199.00

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

33 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 · Steers16 lots · lightest first
Steers	450–500	Medium and Large 1	484	275.00/cwt	275.00–275.00	1,331	10
Steers	500–550	Medium and Large 1	514	268.50/cwt	268.50–268.50	1,380	6
Steers	500–550	Medium and Large 1-2	545	257.54/cwt	250.00–261.00	1,404	19
Steers	550–600	Medium and Large 1	584	266.47/cwt	265.00–267.00	1,556	11
Steers	600–650	Medium and Large 1	630	266.18/cwt	260.00–268.00	1,677	64
Steers	600–650	Medium and Large 1-2	633	238.00/cwt	238.00–238.00	1,507	3
Steers	600–650	Medium and Large 1Unweaned	640	250.00/cwt	250.00–250.00	1,600	4
Steers	650–700	Medium and Large 1	673	264.97/cwt	260.00–266.50	1,783	28
Steers	650–700	Medium and Large 1-2	693	235.00/cwt	235.00–235.00	1,629	4
Steers	700–750	Medium and Large 1	721	264.22/cwt	260.00–266.50	1,905	196
Steers	700–750	Medium and Large 1-2	724	239.75/cwt	239.75–239.75	1,736	15
Steers	750–800	Medium and Large 1	772	259.12/cwt	258.50–259.50	2,000	26
Steers	800–850	Medium and Large 1	836	261.11/cwt	252.50–263.50	2,183	342
Steers	800–850	Medium and Large 1-2	844	251.00/cwt	251.00–251.00	2,118	13
Steers	850–900	Medium and Large 1	865	254.00/cwt	254.00–254.00	2,197	122
Steers	900–950	Medium and Large 1	908	250.38/cwt	245.00–254.00	2,273	118
Feeder Cattle · Heifers16 lots · lightest first
Heifers	350–400	Medium and Large 1	385	277.50/cwt	277.50–277.50	1,068	4
Heifers	400–450	Medium and Large 1-2	422	260.50/cwt	260.50–260.50	1,099	3
Heifers	450–500	Medium and Large 1	450	267.50/cwt	267.50–267.50	1,204	3
Heifers	450–500	Medium and Large 1-2	489	260.01/cwt	254.00–262.00	1,271	12
Heifers	550–600	Medium and Large 1-2Unweaned	568	220.00/cwt	220.00–220.00	1,250	5
Heifers	550–600	Medium and Large 1-2	575	249.48/cwt	247.50–252.50	1,435	18
Heifers	550–600	Medium and Large 1Fancy	583	272.00/cwt	272.00–272.00	1,586	6
Heifers	550–600	Medium and Large 1	584	257.00/cwt	257.00–257.00	1,501	7
Heifers	600–650	Medium and Large 1-2	611	230.00/cwt	230.00–230.00	1,405	6
Heifers	600–650	Medium and Large 1	628	256.48/cwt	253.00–262.00	1,611	27
Heifers	650–700	Medium and Large 1	658	255.95/cwt	249.50–257.50	1,684	25
Heifers	650–700	Medium and Large 1-2	690	221.00/cwt	221.00–221.00	1,525	3
Heifers	700–750	Medium and Large 1	736	236.00/cwt	230.75–239.25	1,737	35
Heifers	750–800	Medium and Large 1	771	235.79/cwt	235.00–237.00	1,818	20
Heifers	800–850	Medium and Large 1	848	223.00/cwt	223.00–223.00	1,891	7
Heifers	900–950	Medium and Large 1	923	216.00/cwt	216.00–216.00	1,994	4
Feeder Cattle · Bulls1 lot · lightest first
Bulls	450–500	Medium and Large 1	473	242.50/cwt	242.50–242.50	1,147	4

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 Oct 24, 2024

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

Receipts 1,318Last week 1,225Year ago 1,658

No trend as the last sale was three weeks ago. Demand was good today. Supply was moderate and included several load lots of yearling steer cattle coming off the grass.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2$ per cwt · actual wt
3	400–450	422	260.50	260.50
12	450–500	489	254.00–262.00	260.01
18	550–600	575	247.50–252.50	249.48
6	600–650	611	230.00	230.00
3	650–700	690	221.00	221.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Fancy$ per cwt · actual wt
6	550–600	583	272.00	272.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
4	350–400	385	277.50	277.50
3	450–500	450	267.50	267.50
7	550–600	584	257.00	257.00
27	600–650	628	253.00–262.00	256.48
25	650–700	658	249.50–257.50	255.95
35	700–750	736	230.75–239.25	236.00
20	750–800	771	235.00–237.00	235.79
7	800–850	848	223.00	223.00
4	900–950	923	216.00	216.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2 · Unweaned$ per cwt · actual wt
5	550–600	568	220.00	220.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
10	450–500	484	275.00	275.00
6	500–550	514	268.50	268.50
11	550–600	584	265.00–267.00	266.47
64	600–650	630	260.00–268.00	266.18
28	650–700	673	260.00–266.50	264.97
196	700–750	721	260.00–266.50	264.22
26	750–800	772	258.50–259.50	259.12
342	800–850	836	252.50–263.50	261.11
122	850–900	865	254.00	254.00
118	900–950	908	245.00–254.00	250.38

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
4	600–650	640	250.00	250.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
19	500–550	545	250.00–261.00	257.54
3	600–650	633	238.00	238.00
4	650–700	693	235.00	235.00
15	700–750	724	239.75	239.75
13	800–850	844	251.00	251.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
4	450–500	473	242.50	242.50

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.