Sale reports / Iowa / Russell Livestock Auction - Iowa / 2024-06-24

Russell Livestock Auction - Iowa

Name: Russell Livestock Auction - Iowa livestock auction prices — 2024-06-24
Creator: RaisedBeef
Published: 2024-06-24

Feeder Cattle · Russell, Iowa · Mon, Jun 24

● Final40 lots reportedUSDA AMS · slug 2159

← Jun 3Jun 24Jul 15 →

Receipts

1,504 head

▲ 4 vs last sale 1,500▼ 265 vs year ago 1,769 · −15.0%

View

Reporter comment USDA

As filed

No recent auction sale for comparison. Demand was moderate and included several load lots that were seen with very good demand. Supply was moderate.

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 $316.10/cwt on 123 head. That ranks 1 of 14 comparable sales and sits −160.49 against this barn's trailing median of $476.59.

Average price

$316.10

123 head · 545 lb average

Value per head Derived

$1,722

Price × average weight ÷ 100

Grade differential Derived

$294

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

$57.70/cwt at this weight

vs the market

+2.97

vs IA average

+16.84 vs national

Price by quality 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	543	326.89	1,776	100
Medium and Large 1-2	551	269.19	1,483	23

One grade step is worth $57.70/cwt here — about $294 a head. Across this sale the premium is widest at 500–600 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 sale123 hd

316.10

—

IA average2 barns · 175 hd

313.13

+2.97

National average143 barns · 6,512 hd

299.26

+16.84

This barn, trailing median14 sales

476.59

−160.49

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

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

40 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.

Class	Weight	Grade / description	Avg wt	Price	Range	Per head	Head
Feeder Cattle · Steers23 lots · lightest first
Steers	350–400	Medium and Large 1	376	395.00/cwt	395.00–395.00	1,485	7
Steers	400–450	Medium and Large 1	430	375.91/cwt	367.50–381.00	1,616	10
Steers	400–450	Medium and Large 1-2	440	336.44/cwt	327.50–340.00	1,480	17
Steers	450–500	Medium and Large 1-2	473	306.55/cwt	275.00–325.00	1,450	8
Steers	450–500	Medium and Large 1	484	353.85/cwt	346.00–370.00	1,713	53
Steers	500–550	Medium and Large 1-2	524	273.62/cwt	257.50–305.00	1,434	9
Steers	500–550	Medium and Large 1	531	332.09/cwt	321.00–344.50	1,763	69
Steers	550–600	Medium and Large 1-2	568	266.35/cwt	241.00–294.00	1,513	14
Steers	550–600	Medium and Large 1	571	315.32/cwt	302.00–325.00	1,800	31
Steers	600–650	Medium and Large 1Thin Fleshed	602	316.00/cwt	316.00–316.00	1,902	14
Steers	600–650	Medium and Large 1	621	305.53/cwt	285.00–310.00	1,897	115
Steers	600–650	Large 1	626	278.00/cwt	278.00–278.00	1,740	5
Steers	600–650	Medium and Large 1-2	638	277.50/cwt	277.50–277.50	1,770	13
Steers	650–700	Medium and Large 1	668	293.17/cwt	283.00–300.00	1,958	54
Steers	650–700	Medium and Large 1-2	685	261.21/cwt	247.00–267.50	1,789	16
Steers	700–750	Large 1	710	284.00/cwt	284.00–284.00	2,016	16
Steers	700–750	Medium and Large 1	720	277.84/cwt	262.00–285.00	2,000	52
Steers	750–800	Medium and Large 1Fancy	754	283.00/cwt	283.00–283.00	2,134	15
Steers	750–800	Medium and Large 1	777	260.16/cwt	247.00–266.50	2,021	42
Steers	750–800	Large 1	778	260.00/cwt	260.00–260.00	2,023	10
Steers	800–850	Medium and Large 1	833	269.00/cwt	269.00–269.00	2,241	65
Steers	850–900	Medium and Large 1	887	245.73/cwt	245.00–255.00	2,180	41
Steers	1050–1100	Medium and Large 1	1,050	227.00/cwt	227.00–227.00	2,384	50
Feeder Cattle · Heifers16 lots · lightest first
Heifers	350–400	Medium and Large 1	368	382.45/cwt	370.00–392.50	1,407	7
Heifers	400–450	Medium and Large 1	419	345.00/cwt	345.00–345.00	1,446	24
Heifers	450–500	Medium and Large 1	459	330.20/cwt	317.50–340.00	1,516	58
Heifers	450–500	Medium and Large 1-2	470	274.92/cwt	253.00–302.50	1,292	9
Heifers	500–550	Medium and Large 1	530	307.97/cwt	300.00–320.00	1,632	24
Heifers	550–600	Medium and Large 1Thin Fleshed	576	305.00/cwt	305.00–305.00	1,757	35
Heifers	550–600	Medium and Large 1-2	579	255.17/cwt	232.50–265.00	1,477	16
Heifers	550–600	Medium and Large 1	588	287.63/cwt	271.00–290.50	1,691	109
Heifers	600–650	Medium and Large 1	619	279.85/cwt	273.00–294.00	1,732	24
Heifers	600–650	Large 1	642	273.00/cwt	273.00–273.00	1,753	24
Heifers	650–700	Medium and Large 1	667	267.80/cwt	259.00–275.00	1,786	43
Heifers	700–750	Medium and Large 1	709	245.00/cwt	245.00–245.00	1,737	6
Heifers	750–800	Medium and Large 1	772	255.43/cwt	239.50–261.75	1,972	148
Heifers	800–850	Medium and Large 1	807	243.79/cwt	243.75–244.00	1,967	43
Heifers	800–850	Medium and Large 1-2	820	235.00/cwt	235.00–235.00	1,927	5
Heifers	950–1000	Medium and Large 1	954	215.00/cwt	215.00–215.00	2,051	63
Feeder Cattle · Bulls1 lot · lightest first
Bulls	650–700	Medium and Large 1	688	249.45/cwt	247.50–250.00	1,716	13

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 →

Russell Livestock Feeder Cattle - Russell, IA

Mon Jun 24, 2024

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

Receipts 1,504Last week 1,500Year ago 1,769

No recent auction sale for comparison. Demand was moderate and included several load lots that were seen with very good demand. Supply was moderate.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
13	650–700	688	247.50–250.00	249.45

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Large 1$ per cwt · actual wt
24	600–650	642	273.00	273.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
7	350–400	368	370.00–392.50	382.45
24	400–450	419	345.00	345.00
58	450–500	459	317.50–340.00	330.20
24	500–550	530	300.00–320.00	307.97
109	550–600	588	271.00–290.50	287.63
24	600–650	619	273.00–294.00	279.85
43	650–700	667	259.00–275.00	267.80
6	700–750	709	245.00	245.00
148	750–800	772	239.50–261.75	255.43
43	800–850	807	243.75–244.00	243.79
63	950–1000	954	215.00	215.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2$ per cwt · actual wt
9	450–500	470	253.00–302.50	274.92
16	550–600	579	232.50–265.00	255.17
5	800–850	820	235.00	235.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
35	550–600	576	305.00	305.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
14	600–650	602	316.00	316.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
17	400–450	440	327.50–340.00	336.44
8	450–500	473	275.00–325.00	306.55
9	500–550	524	257.50–305.00	273.62
14	550–600	568	241.00–294.00	266.35
13	600–650	638	277.50	277.50
16	650–700	685	247.00–267.50	261.21

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
7	350–400	376	395.00	395.00
10	400–450	430	367.50–381.00	375.91
53	450–500	484	346.00–370.00	353.85
69	500–550	531	321.00–344.50	332.09
31	550–600	571	302.00–325.00	315.32
115	600–650	621	285.00–310.00	305.53
54	650–700	668	283.00–300.00	293.17
52	700–750	720	262.00–285.00	277.84
42	750–800	777	247.00–266.50	260.16
65	800–850	833	269.00	269.00
41	850–900	887	245.00–255.00	245.73
50	1050–1100	1,050	227.00	227.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Large 1$ per cwt · actual wt
5	600–650	626	278.00	278.00
16	700–750	710	284.00	284.00
10	750–800	778	260.00	260.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
15	750–800	754	283.00	283.00

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.