Sale reports / Iowa / Sheldon Livestock Auction / 2024-08-15

Sheldon Livestock Auction

Feeder Cattle · Sheldon, Iowa · Thu, Aug 15
● Final42 lots reportedUSDA AMS · slug 2157
Receipts
928 head
▲ 301 vs last sale 627▼ 448 vs year ago 1,376 · −32.6%
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Reporter comment USDA

As filed

Dairy-Holstein feeder cattle sale. No comparison as there hasn't been a recently reported sale. Many small strings, along with a load lot of yearling heifers in the offering today. Good demand, especially on lightweight calves.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $284.69/cwt on 65 head. That ranks 1 of 3 comparable sales and sits −138.96 against this barn's trailing median of $423.65.
Average price
$284.69
65 head · 572 lb average
Value per head Derived
$1,629
Price × average weight ÷ 100
Grade differential Derived
$238
per head · Medium and Large 1 over Medium and Large 1-2
$43.39/cwt at this weight
vs the market
−8.37
vs IA average
+4.35 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1571296.041,69148
Medium and Large 1-2575252.651,45317thin
One grade step is worth $43.39/cwt here — about $238 a head. Across this sale the premium is widest at 300–400 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 sale65 hd
284.69
—
IA average3 barns · 131 hd
293.06
−8.37
National average153 barns · 6,707 hd
280.34
+4.35
This barn, trailing median3 sales
423.65
−138.96
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

3 sales
496449402355median 423.6504/1604/1608/2009/1709/17
Steers 500–600 lb: high $482.00, low $369.39, median $423.65 across 3 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

Every lot

42 lots · USDA AMS · Sheldon Livestock Feeder Cattle Special - Sheldon, 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 · Steers15 lots · lightest first
Steers250–300Medium and Large 1-2293350.00/cwt350.00–350.001,0263
Steers300–350Medium and Large 1303385.00/cwt385.00–385.001,1674
Steers300–350Medium and Large 1-2340325.00/cwt325.00–325.001,1054
Steers350–400Medium and Large 1-2391330.00/cwt330.00–330.001,29015
Steers400–450Medium and Large 1429336.93/cwt325.00–350.001,44529
Steers400–450Medium and Large 1-2449275.00/cwt275.00–275.001,2355
Steers450–500Medium and Large 1469319.50/cwt315.00–335.001,49830
Steers500–550Medium and Large 1-2528265.00/cwt265.00–265.001,3993
Steers500–550Medium and Large 1530305.00/cwt305.00–305.001,6175
Steers550–600Medium and Large 1576295.00/cwt295.00–295.001,69943
Steers550–600Medium and Large 1-2585250.00/cwt250.00–250.001,46314
Steers650–700Medium and Large 1683275.00/cwt275.00–275.001,87813
Steers750–800Medium and Large 1764267.50/cwt267.50–267.502,04412
Steers800–850Medium and Large 1805246.00/cwt246.00–246.001,9808
Steers1000–1050Large 11,017214.00/cwt214.00–214.002,17614
Feeder Cattle · Heifers9 lots · lightest first
Heifers300–350Medium and Large 1318363.10/cwt355.00–375.001,15512
Heifers300–350Medium and Large 1-2331294.09/cwt275.00–305.0097311
Heifers350–400Medium and Large 1385327.42/cwt320.00–345.001,26117
Heifers350–400Medium and Large 1-2395289.33/cwt287.50–290.001,14322
Heifers400–450Medium and Large 1425328.64/cwt325.00–330.001,39718
Heifers450–500Medium and Large 1475322.98/cwt315.00–326.001,53422
Heifers500–550Medium and Large 1-2520265.00/cwt265.00–265.001,3784
Heifers550–600Medium and Large 1565280.00/cwt280.00–280.001,58219
Heifers700–750Medium and Large 1-2700240.00/cwt240.00–240.001,6804
Feeder Cattle · Bulls1 lot · lightest first
Bulls300–350Medium and Large 1333370.00/cwt370.00–370.001,2326
Feeder Cattle · Beef/Dairy Steers4 lots · lightest first
Beef/Dairy Steers550–600Medium and Large 2585280.00/cwt280.00–280.001,6384
Beef/Dairy Steers550–600Medium and Large 2-3598255.00/cwt255.00–255.001,5256
Beef/Dairy Steers850–900Medium and Large 2867235.29/cwt228.00–239.002,04048
Beef/Dairy Steers1250–1300Large 21,268194.00/cwt194.00–194.002,4603
Feeder Cattle · Beef/Dairy Heifers2 lots · lightest first
Beef/Dairy Heifers550–600Medium and Large 2582255.00/cwt255.00–255.001,4849
Beef/Dairy Heifers800–850Medium and Large 2814227.00/cwt227.00–227.001,84858
Feeder Cattle · Dairy Steers9 lots · lightest first
Dairy Steers300–350Medium 3-4346195.00/cwt195.00–195.006758
Dairy Steers300–350Large 3348285.00/cwt285.00–285.009923
Dairy Steers400–450Large 3431265.03/cwt260.00–272.001,14235
Dairy Steers450–500Medium 3-4455175.00/cwt175.00–175.007965
Dairy Steers450–500Large 3466260.00/cwt260.00–260.001,21216
Dairy Steers550–600Large 3566228.87/cwt227.00–230.001,29511
Dairy Steers600–650Large 3Natural626210.00/cwt210.00–210.001,3158
Dairy Steers850–900Large 3863191.00/cwt191.00–191.001,64812
Dairy Steers900–950Large 3945186.99/cwt182.50–190.001,76710
Feeder Cattle · Dairy Heifers2 lots · lightest first
Dairy Heifers400–450Medium 3-4430140.00/cwt140.00–140.006023
Dairy Heifers700–750Medium 3-4737115.00/cwt115.00–115.0084810

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.