Sale reports / Iowa / Lamoni Livestock Auction / 2024-11-07

Lamoni Livestock Auction

Feeder Cattle · Lamoni, Iowa · Thu, Nov 7
● Final38 lots reportedUSDA AMS · slug 2158
Receipts
1,566 head
▲ 248 vs last sale 1,318▼ 92 vs year ago 1,658 · −5.5%
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Reporter comment USDA

As filed

Compared to the sale two weeks ago, steers under 700 lbs. sold with a higher undertone noted on a light test last week, while heavier steers sold 2.00 to sharply higher. Heifers sold with a higher undertone noted on a light test last week. Demand was good today. Supply was moderate to heavy and included several load lots of reputation yearly cattle.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $299.71/cwt on 147 head. That ranks 1 of 13 comparable sales and sits −161.38 against this barn's trailing median of $461.09.
Average price
$299.71
147 head · 555 lb average
Value per head Derived
$1,664
Price × average weight ÷ 100
Grade differential Derived
$179
per head · Medium and Large 1 over Medium and Large 1-2
$22.48/cwt at this weight
vs the market
+2.53
vs IA average
−2.14 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1557300.481,674137
Large 1518296.501,5366thin
Medium and Large 1-2538278.001,4964thin
One grade step is worth $22.48/cwt here — about $179 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 sale147 hd
299.71
—
IA average5 barns · 778 hd
297.18
+2.53
National average187 barns · 26,509 hd
301.85
−2.14
This barn, trailing median13 sales
461.09
−161.38
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

38 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 · Steers23 lots · lightest first
Steers400–450Medium and Large 1432347.47/cwt344.00–351.001,50115
Steers400–450Medium and Large 1-2446290.00/cwt290.00–290.001,2934
Steers450–500Medium and Large 1484317.04/cwt312.50–325.001,53412
Steers450–500Medium and Large 1Unweaned488302.50/cwt302.50–302.501,4766
Steers500–550Large 1518296.50/cwt296.50–296.501,5366
Steers500–550Medium and Large 1Unweaned534290.64/cwt282.00–299.001,55210
Steers500–550Medium and Large 1537311.79/cwt306.50–318.001,67440
Steers500–550Medium and Large 1-2538278.00/cwt278.00–278.001,4964
Steers550–600Medium and Large 1567297.94/cwt292.00–299.001,68980
Steers550–600Medium and Large 1Unweaned595279.00/cwt279.00–279.001,6607
Steers600–650Medium and Large 1625279.46/cwt272.00–286.001,74727
Steers600–650Medium and Large 1Unweaned630269.65/cwt261.00–282.001,69924
Steers600–650Large 1633264.00/cwt264.00–264.001,67110
Steers650–700Medium and Large 1Unweaned668273.00/cwt273.00–273.001,82411
Steers650–700Medium and Large 1685285.41/cwt271.00–290.001,95599
Steers650–700Medium and Large 1-2686267.00/cwt267.00–267.001,8325
Steers700–750Medium and Large 1Unweaned701256.00/cwt256.00–256.001,7956
Steers700–750Medium and Large 1733279.50/cwt279.50–279.502,04924
Steers750–800Medium and Large 1774279.83/cwt279.50–280.002,16699
Steers850–900Medium and Large 1877255.50/cwt249.50–255.752,241355
Steers950–1000Medium and Large 1979238.75/cwt238.75–238.752,337102
Steers1300–1350Large 11,304174.50/cwt174.50–174.502,2757
Steers1450–1500Large 1Fleshy1,486170.25/cwt170.25–170.252,53029
Feeder Cattle · Heifers15 lots · lightest first
Heifers350–400Medium and Large 1387282.09/cwt275.00–286.001,0929
Heifers450–500Medium and Large 1-2465219.87/cwt219.00–221.001,0227
Heifers450–500Medium and Large 1Unweaned474255.00/cwt255.00–255.001,2094
Heifers450–500Medium and Large 1485284.39/cwt280.00–287.001,37925
Heifers450–500Medium and Large 1Fleshy498263.00/cwt263.00–263.001,3109
Heifers500–550Medium and Large 1531279.05/cwt278.50–281.001,48222
Heifers500–550Medium and Large 1-2544250.00/cwt250.00–250.001,3608
Heifers550–600Large 1563261.00/cwt261.00–261.001,46911
Heifers550–600Medium and Large 1575255.89/cwt250.00–259.001,47160
Heifers550–600Medium and Large 1Unweaned575244.61/cwt243.00–245.001,40741
Heifers600–650Medium and Large 1635254.64/cwt249.00–260.501,61722
Heifers700–750Medium and Large 1734241.53/cwt241.00–244.001,77338
Heifers900–950Medium and Large 1-2900202.00/cwt202.00–202.001,8186
Heifers900–950Medium and Large 1914220.50/cwt220.50–220.502,01510
Heifers950–1000Medium and Large 1990211.50/cwt211.50–211.502,0945

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.