Sale reports / Iowa / Russell Livestock Auction - Iowa / 2024-09-23

Russell Livestock Auction - Iowa

Feeder Cattle · Russell, Iowa · Mon, Sep 23
● Final48 lots reportedUSDA AMS · slug 2159
Receipts
2,806 head
▼ 828 vs last sale 3,634▲ 158 vs year ago 2,648 · +6.0%
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Reporter comment USDA

As filed

Compared to two weeks ago, 850 to 900 lb. steers sold mostly 8.00 higher, while other weights were steady to firm. Heifers sold with a higher undertone noted on last week's light test. Demand was very good today and they bid readily throughout the auction. Supply was heavy and included several load lots of reputation yearling cattle. A nice mix of cattle offered this week across many weight groups.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $286.06/cwt on 243 head. That ranks 1 of 14 comparable sales and sits −190.53 against this barn's trailing median of $476.59.
Average price
$286.06
243 head · 553 lb average
Value per head Derived
$1,582
Price × average weight ÷ 100
Grade differential Derived
$143
per head · Medium and Large 1 over Large 1
$35.64/cwt at this weight
vs the market
−9.54
vs IA average
+11.77 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1551290.641,602208
Medium and Large 1-2556262.881,46217thin
Large 1572255.001,45918thin
One grade step is worth $35.64/cwt here — about $143 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 sale243 hd
286.06
—
IA average6 barns · 1,373 hd
295.60
−9.54
National average169 barns · 10,664 hd
274.29
+11.77
This barn, trailing median14 sales
476.59
−190.53
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

48 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 · Steers25 lots · lightest first
Steers350–400Medium and Large 1Unweaned376382.54/cwt370.00–395.001,43815
Steers350–400Medium and Large 1-2Unweaned385352.50/cwt352.50–352.501,3577
Steers400–450Medium and Large 1Unweaned420319.92/cwt316.00–335.001,34419
Steers400–450Large 1426262.50/cwt262.50–262.501,1184
Steers400–450Medium and Large 1-2433310.00/cwt310.00–310.001,3428
Steers450–500Medium and Large 1Unweaned457316.94/cwt310.00–329.001,44859
Steers450–500Medium and Large 1Fancy493331.00/cwt331.00–331.001,63220
Steers500–550Medium and Large 1-2Unweaned508270.00/cwt270.00–270.001,3725
Steers500–550Medium and Large 1Unweaned525296.97/cwt279.00–306.001,55954
Steers500–550Medium and Large 1528279.45/cwt270.00–287.001,47514
Steers550–600Medium and Large 1Fancy550305.00/cwt305.00–305.001,67833
Steers550–600Medium and Large 1Unweaned565286.25/cwt282.00–295.001,61793
Steers550–600Large 1572255.00/cwt255.00–255.001,45918
Steers550–600Medium and Large 1-2Unweaned576259.91/cwt257.50–261.001,49712
Steers550–600Medium and Large 1585272.76/cwt269.00–280.001,59614
Steers600–650Medium and Large 1Unweaned619260.00/cwt260.00–260.001,60910
Steers600–650Medium and Large 1632265.95/cwt265.00–268.001,68112
Steers650–700Medium and Large 1687257.64/cwt248.00–263.001,77046
Steers650–700Medium and Large 1Unweaned692242.50/cwt242.50–242.501,6785
Steers700–750Medium and Large 1730259.36/cwt243.00–265.251,89385
Steers750–800Medium and Large 1777254.95/cwt240.00–261.251,981352
Steers800–850Medium and Large 1815251.29/cwt249.00–252.002,04872
Steers850–900Medium and Large 1869244.69/cwt226.00–247.252,126296
Steers900–950Medium and Large 1907236.46/cwt234.00–245.002,14549
Steers950–1000Medium and Large 1975226.33/cwt223.50–229.002,20786
Feeder Cattle · Heifers22 lots · lightest first
Heifers350–400Medium and Large 1Unweaned361310.41/cwt298.00–318.001,12129
Heifers350–400Medium and Large 1Fleshy383290.00/cwt290.00–290.001,1115
Heifers400–450Medium and Large 1-2415269.00/cwt269.00–269.001,1169
Heifers400–450Medium and Large 1437289.99/cwt286.00–301.001,26731
Heifers450–500Medium and Large 1Unweaned479291.07/cwt283.00–302.501,394139
Heifers450–500Medium and Large 1480281.28/cwt270.00–292.001,35022
Heifers450–500Medium and Large 1-2491269.00/cwt269.00–269.001,3214
Heifers450–500Medium and Large 1-2Unweaned493265.00/cwt265.00–265.001,30620
Heifers500–550Medium and Large 1Unweaned526285.00/cwt285.00–285.001,49919
Heifers500–550Large 1534246.00/cwt246.00–246.001,3146
Heifers550–600Medium and Large 1Unweaned567279.00/cwt279.00–279.001,58212
Heifers550–600Medium and Large 1578257.21/cwt255.00–260.001,4879
Heifers600–650Medium and Large 1Unweaned608248.73/cwt245.00–250.001,51220
Heifers600–650Medium and Large 1625253.58/cwt242.50–257.501,585112
Heifers650–700Medium and Large 1693252.38/cwt237.50–254.001,749102
Heifers700–750Medium and Large 1719243.21/cwt238.00–248.001,749216
Heifers750–800Medium and Large 1-2752226.00/cwt226.00–226.001,7004
Heifers750–800Medium and Large 1771238.25/cwt230.50–244.251,837281
Heifers800–850Medium and Large 1817228.09/cwt223.50–232.501,86383
Heifers850–900Medium and Large 1863222.21/cwt219.75–226.001,918145
Heifers900–950Medium and Large 1921219.50/cwt219.50–219.502,02220
Heifers950–1000Medium and Large 1987200.00/cwt200.00–200.001,97412
Feeder Cattle · Bulls1 lot · lightest first
Bulls500–550Medium and Large 1Unweaned534261.00/cwt261.00–261.001,3945

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.