Sale reports / Iowa / Russell Livestock Auction - Iowa / 2024-03-04

Russell Livestock Auction - Iowa

Feeder Cattle · Russell, Iowa · Mon, Mar 4
● Final66 lots reportedUSDA AMS · slug 2159
Receipts
3,782 head
▼ 834 vs last sale 4,616▲ 1,424 vs year ago 2,358 · +60.4%
View

Reporter comment USDA

As filed

Compared to the sale two weeks ago, steers under 650 lbs. sold sharply higher, while steers 650 lbs. and heavier sold 5.00 to 16.00 higher. Heifers sold steady to 11.00 higher. Demand was very good. Supply was heavy with several load lots of reputation cattle.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $321.11/cwt on 400 head. That ranks 1 of 14 comparable sales and sits −155.48 against this barn's trailing median of $476.59.
Average price
$321.11
400 head · 557 lb average
Value per head Derived
$1,788
Price × average weight ÷ 100
Grade differential Derived
$333
per head · Medium and Large 1 over Medium and Large 1-2
$59.03/cwt at this weight
vs the market
+1.86
vs IA average
+8.11 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1557325.381,812371
Medium and Large 1-2555266.361,47929
One grade step is worth $59.03/cwt here — about $333 a head. Across this sale the premium is widest at 700–800 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 sale400 hd
321.11
—
IA average2 barns · 481 hd
319.25
+1.86
National average178 barns · 13,961 hd
313.00
+8.11
This barn, trailing median14 sales
476.59
−155.48
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

14 sales
527481435388median 476.5903/0204/2706/2209/1410/26
Steers 500–600 lb: high $512.91, low $402.35, median $476.59 across 14 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

Every lot

66 lots · USDA AMS · Russell Livestock Feeder Cattle - Russell, 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 · Steers30 lots · lightest first
Steers300–350Medium and Large 1-2325355.00/cwt355.00–355.001,1543
Steers300–350Medium and Large 1Unweaned328360.00/cwt360.00–360.001,1814
Steers350–400Medium and Large 1Fancy365415.00/cwt415.00–415.001,5153
Steers350–400Medium and Large 1383366.88/cwt353.00–379.001,40514
Steers350–400Medium and Large 1Unweaned388387.50/cwt387.50–387.501,50413
Steers350–400Medium and Large 1-2389337.50/cwt337.50–337.501,31319
Steers400–450Medium and Large 1-2409325.00/cwt325.00–325.001,3294
Steers400–450Medium and Large 1Fancy421390.00/cwt390.00–390.001,6425
Steers400–450Medium and Large 1433358.09/cwt343.00–377.001,55160
Steers450–500Medium and Large 1Unweaned454348.00/cwt348.00–348.001,58012
Steers450–500Medium and Large 1-2Unweaned468300.00/cwt300.00–300.001,40410
Steers450–500Medium and Large 1478335.49/cwt315.00–350.001,60494
Steers450–500Medium and Large 1-2490310.00/cwt310.00–310.001,5194
Steers500–550Medium and Large 1Fancy504352.00/cwt352.00–352.001,77418
Steers500–550Medium and Large 1521329.10/cwt312.00–339.001,71594
Steers500–550Medium and Large 1-2536300.06/cwt297.50–302.501,60816
Steers500–550Medium and Large 1Unweaned540300.00/cwt300.00–300.001,6207
Steers550–600Medium and Large 1574323.74/cwt294.00–330.001,858245
Steers550–600Medium and Large 1-2579224.88/cwt200.00–245.001,30213
Steers550–600Medium and Large 1Unweaned589290.00/cwt290.00–290.001,7087
Steers600–650Medium and Large 1617310.76/cwt292.50–323.501,917345
Steers600–650Medium and Large 1-2639250.00/cwt250.00–250.001,5984
Steers650–700Medium and Large 1666292.08/cwt269.00–298.251,945167
Steers700–750Medium and Large 1Unweaned701250.00/cwt250.00–250.001,7535
Steers700–750Medium and Large 1730276.40/cwt260.00–285.002,018275
Steers700–750Medium and Large 1-2741210.00/cwt210.00–210.001,5564
Steers750–800Medium and Large 1776261.22/cwt246.75–277.002,027228
Steers800–850Medium and Large 1813252.46/cwt242.00–256.502,052125
Steers900–950Medium and Large 1914228.82/cwt220.00–233.002,09132
Steers1000–1050Large 11,010140.00/cwt140.00–140.001,4143
Feeder Cattle · Heifers27 lots · lightest first
Heifers300–350Medium and Large 1327332.71/cwt331.00–335.001,0887
Heifers350–400Medium and Large 1Unweaned371336.37/cwt325.00–338.001,24847
Heifers350–400Medium and Large 1380317.11/cwt302.50–327.501,20515
Heifers400–450Medium and Large 1Unweaned406302.12/cwt295.00–307.501,22714
Heifers400–450Medium and Large 1416296.46/cwt287.50–306.001,2338
Heifers400–450Medium and Large 1Fancy419338.00/cwt338.00–338.001,41618
Heifers400–450Medium and Large 1-2426271.17/cwt267.50–275.001,1556
Heifers450–500Medium and Large 1471317.90/cwt308.00–330.001,49770
Heifers450–500Medium and Large 1-2477279.22/cwt270.00–285.001,3328
Heifers500–550Medium and Large 1Fancy506320.00/cwt320.00–320.001,61912
Heifers500–550Medium and Large 1Unweaned507296.85/cwt267.50–300.001,50531
Heifers500–550Medium and Large 1525286.05/cwt277.50–297.501,50286
Heifers500–550Medium and Large 1-2535255.58/cwt250.00–262.501,36732
Heifers550–600Medium and Large 1571272.79/cwt255.00–290.001,558208
Heifers550–600Medium and Large 1-2591246.00/cwt246.00–246.001,45413
Heifers550–600Medium and Large 1Unweaned595244.00/cwt244.00–244.001,4526
Heifers600–650Medium and Large 1-2602242.00/cwt242.00–242.001,45715
Heifers600–650Medium and Large 1628260.06/cwt246.00–271.501,633259
Heifers650–700Medium and Large 1671259.78/cwt241.00–267.501,743242
Heifers700–750Medium and Large 1Unweaned705222.50/cwt222.50–222.501,5693
Heifers700–750Medium and Large 1724247.09/cwt232.50–255.501,789244
Heifers750–800Medium and Large 1Fancy762240.00/cwt240.00–240.001,82913
Heifers750–800Medium and Large 1782221.99/cwt214.00–223.501,73657
Heifers800–850Medium and Large 1810220.91/cwt215.00–232.001,78938
Heifers850–900Medium and Large 1852212.00/cwt212.00–212.001,80616
Heifers900–950Medium and Large 1932207.02/cwt206.00–208.001,92910
Heifers1000–1050Large 11,004201.00/cwt201.00–201.002,0185
Feeder Cattle · Bulls9 lots · lightest first
Bulls250–300Medium and Large 1Unweaned273340.00/cwt340.00–340.009286
Bulls350–400Medium and Large 1Unweaned373385.00/cwt385.00–385.001,43621
Bulls450–500Medium and Large 1Unweaned464347.50/cwt347.50–347.501,61237
Bulls500–550Medium and Large 1521256.48/cwt251.00–260.001,3368
Bulls550–600Medium and Large 1590275.00/cwt275.00–275.001,6236
Bulls550–600Medium and Large 1Unweaned591281.00/cwt281.00–281.001,66120
Bulls600–650Medium and Large 1639242.38/cwt222.50–259.001,54913
Bulls650–700Medium and Large 1Unweaned691268.50/cwt268.50–268.501,85523
Bulls800–850Medium and Large 1Unweaned846227.00/cwt227.00–227.001,9208

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.