Sale reports / Iowa / Lamoni Livestock Auction / 2024-11-21

Lamoni Livestock Auction

Feeder Cattle · Lamoni, Iowa · Thu, Nov 21
● Final47 lots reportedUSDA AMS · slug 2158
Receipts
2,395 head
▲ 829 vs last sale 1,566▼ 529 vs year ago 2,924 · −18.1%
View

Reporter comment USDA

As filed

Compared to the sale two weeks ago, steers sold mostly steady to 13.00 lower. Heifers under 600 lbs. sold sharply higher, while those heavier sold with a lower undertone on a light test two weeks ago. 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 $298.84/cwt on 336 head. That ranks 1 of 13 comparable sales and sits −162.25 against this barn's trailing median of $461.09.
Average price
$298.84
336 head · 563 lb average
Value per head Derived
$1,682
Price × average weight ÷ 100
Grade differential Derived
$186
per head · Medium and Large 1 over Medium and Large 1-2
$21.48/cwt at this weight
vs the market
−6.83
vs IA average
−10.42 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1564299.611,689324
Medium and Large 1-2540278.131,50312thin
One grade step is worth $21.48/cwt here — about $186 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 sale336 hd
298.84
—
IA average9 barns · 1,898 hd
305.68
−6.83
National average182 barns · 24,645 hd
309.26
−10.42
This barn, trailing median13 sales
461.09
−162.25
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

47 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 · Steers21 lots · lightest first
Steers350–400Medium and Large 1376363.89/cwt360.00–375.001,36811
Steers400–450Medium and Large 1421357.63/cwt352.50–367.501,50610
Steers400–450Medium and Large 1-2Unweaned434252.00/cwt252.00–252.001,0945
Steers450–500Medium and Large 1495340.19/cwt331.00–350.001,68443
Steers500–550Medium and Large 1524307.96/cwt302.00–320.001,61492
Steers500–550Medium and Large 1-2530283.93/cwt275.00–291.001,5057
Steers500–550Medium and Large 1Unweaned535293.71/cwt285.00–300.001,57112
Steers550–600Medium and Large 1-2555270.00/cwt270.00–270.001,4995
Steers550–600Medium and Large 1582296.44/cwt280.00–301.001,725220
Steers600–650Medium and Large 1Unweaned614287.85/cwt274.00–292.001,767154
Steers600–650Medium and Large 1626278.89/cwt270.00–285.001,74648
Steers600–650Large 1645265.00/cwt265.00–265.001,7097
Steers650–700Medium and Large 1670272.32/cwt266.00–282.001,82556
Steers650–700Medium and Large 1Unweaned694261.96/cwt256.00–265.001,81884
Steers700–750Medium and Large 1701264.81/cwt263.00–272.001,85620
Steers700–750Medium and Large 1Unweaned712261.67/cwt260.00–266.501,86327
Steers750–800Medium and Large 1787244.00/cwt244.00–244.001,9208
Steers800–850Medium and Large 1809240.00/cwt240.00–240.001,9426
Steers800–850Medium and Large 1Fleshy834233.00/cwt233.00–233.001,9434
Steers850–900Medium and Large 1888257.58/cwt255.50–260.752,287423
Steers900–950Medium and Large 1912254.74/cwt254.00–255.502,323121
Feeder Cattle · Heifers23 lots · lightest first
Heifers350–400Medium and Large 1355313.90/cwt302.50–327.501,11411
Heifers400–450Medium and Large 1430302.87/cwt300.00–309.001,30226
Heifers400–450Medium and Large 1-2435270.58/cwt260.00–287.001,17713
Heifers400–450Medium and Large 1Unweaned440285.00/cwt285.00–285.001,2544
Heifers450–500Medium and Large 1465311.54/cwt300.00–316.001,44921
Heifers450–500Medium and Large 1Fancy479324.10/cwt321.00–328.001,55261
Heifers450–500Medium and Large 1Unweaned481288.63/cwt278.00–300.001,3886
Heifers450–500Medium and Large 1-2485277.46/cwt255.00–296.001,34630
Heifers500–550Medium and Large 1531290.90/cwt272.00–296.501,545144
Heifers500–550Medium and Large 1Unweaned537265.93/cwt262.00–273.001,42819
Heifers550–600Medium and Large 1Unweaned558260.00/cwt260.00–260.001,45115
Heifers550–600Medium and Large 1566284.54/cwt271.00–288.001,61052
Heifers550–600Medium and Large 1-2576258.98/cwt252.00–265.001,49239
Heifers600–650Large 1601248.00/cwt248.00–248.001,49011
Heifers600–650Medium and Large 1-2610210.00/cwt210.00–210.001,2815
Heifers600–650Medium and Large 1Unweaned623254.91/cwt240.00–261.001,588105
Heifers600–650Medium and Large 1627248.09/cwt246.00–250.001,55616
Heifers650–700Medium and Large 1680237.50/cwt235.00–240.001,6158
Heifers700–750Medium and Large 1726240.00/cwt240.00–240.001,74277
Heifers800–850Medium and Large 1826245.50/cwt245.50–245.502,028130
Heifers850–900Medium and Large 1878215.00/cwt215.00–215.001,8885
Heifers950–1000Medium and Large 1957208.00/cwt208.00–208.001,9916
Heifers1050–1100Medium and Large 11,066212.99/cwt212.00–214.002,2706
Feeder Cattle · Bulls3 lots · lightest first
Bulls550–600Medium and Large 1Unweaned565284.00/cwt284.00–284.001,6056
Bulls600–650Medium and Large 1637254.50/cwt254.50–254.501,6216
Bulls600–650Medium and Large 1Unweaned644250.00/cwt250.00–250.001,6104

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.