Sale reports / Iowa / Lamoni Livestock Auction / 2026-06-04

Lamoni Livestock Auction

Feeder Cattle · Lamoni, Iowa · Thu, Jun 4
● Final11 lots reportedUSDA AMS · slug 2158
Receipts
1,098 head
▼ 927 vs last sale 2,025▲ 1,098 vs year ago 0 · no sale a year ago
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Reporter comment USDA

As filed

Compared to the sale two weeks ago, nearly all steers sold were from one consignor who brought nearly 750 head of nine- and ten-weight steers. The nine-weight steers sold 7.00 higher, while others were not well compared. Nearly all the heifers were from one consignor who brought nearly 140 head of seven-weight heifers and a higher undertone was noted although not well compared. Demand was very good today and included active internet bidding. Supply was moderate and included several load lots of nine- and ten-weight steers.

Weight classPick one — the panels below update

Steers · summary 400–500 lb

Weighted average of every reported lot
400–500 lb steers averaged $498.50/cwt on 8 head, down $66.80 from the prior sale. That ranks 3 of 10 comparable sales and sits −31.71 against this barn's trailing median of $530.21.
Average price
$498.50
▼ 66.80 vs prior sale
8 head · 480 lb average
Value per head Derived
$2,390
Price × average weight ÷ 100
Grade differential Derived
$118
per head · Medium and Large 1 over Medium and Large 1-2
$7.00/cwt at this weight
vs the market
−41.35
vs IA average
+6.53 vs national

Price by quality 400–500 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1488502.002,4504thin
Medium and Large 1-2471495.002,3314thin
One grade step is worth $7.00/cwt here — about $118 a head. Across this sale the premium is widest at 900–1000 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 400–500 lb

Same class and week · spot auction only
This sale8 hd
498.50
—
IA average5 barns · 344 hd
539.85
−41.35
National average168 barns · 7,022 hd
491.97
+6.53
This barn, trailing median10 sales
530.21
−31.71
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 400–500 lb

10 sales
590537483430median 530.2103/1204/2305/2110/0110/29
Steers 400–500 lb: high $576.39, low $443.80, median $530.21 across 10 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

Every lot

11 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 · Steers8 lots · lightest first
Steers450–500Medium and Large 1-2471495.00/cwt495.00–495.002,3314
Steers450–500Medium and Large 1488502.00/cwt502.00–502.002,4504
Steers700–750Medium and Large 1705389.00/cwt389.00–389.002,7425
Steers800–850Medium and Large 1832355.50/cwt355.50–355.502,95869
Steers900–950Medium and Large 1-2917328.50/cwt328.50–328.503,01223
Steers950–1000Medium and Large 1967341.61/cwt339.75–348.003,303520
Steers1050–1100Medium and Large 11,078307.94/cwt302.50–317.503,320185
Steers1100–1150Large 11,102302.50/cwt302.50–302.503,33446
Feeder Cattle · Heifers3 lots · lightest first
Heifers600–650Medium and Large 1613403.50/cwt403.50–403.502,47312
Heifers700–750Medium and Large 1749372.00/cwt372.00–372.002,786138
Heifers900–950Medium and Large 1912314.00/cwt314.00–314.002,8646

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.