Cattle Market Pulse

Iowa Weekly Cattle Auction Summary

Iowa · USDA-reported Auction Livestock

Sale of Monday, July 3, 2023

765 head sold ·Official USDA report

This is an archived report. See the latest Iowa Weekly Cattle Auction Summary report →

Receipts

HeadThis saleLast saleLast year
Total receipts 765 3,934 1,443
Feeder cattle — 2,122 —
Slaughter cattle 765 1,812 1,443

Market comments — USDA reporter

Compared to last week, no feeder cattle trend is available due to no reported auction feeder cattle in Iowa during the July 4th holiday week. Choice steers and heifers sold steady to 2.00 higher.

New to these tables? Plain-English explainers ↓

Feeder Steers

N/N/A ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
925–1215 1127 23 150.00–180.00 $169.06 $1,905 -3.26
1275–1314 1309 16 175.00–181.00 $180.27 $2,360 —
1140–1660 1375 196 180.00–190.00 $183.67 $2,525 +9.54
1075–1525 1382 33 168.00–179.50 $177.08 $2,447 +2.95

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Feeder Heifers

N/N/A ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
955–1225 1090 2 132.50–157.00 $146.27 $1,594 -6.83
1110–1355 1204 21 170.00–179.00 $177.25 $2,134 —
1140–1635 1273 134 180.00–187.00 $184.41 $2,348 +9.32

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Slaughter Cows

Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1165–1685 1353 75-80% 26 101.00–111.00 $107.75 $1,458 —
1155–1870 1407 75-80% 43 112.00–121.50 $116.51 $1,639 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
830–1665 1217 80-85% 24 94.00–102.00 $98.38 $1,197 —
1120–1730 1280 80-85% 8 103.00–106.00 $104.52 $1,338 +7.74
N/N/A ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1250–1795 1507 65-75% 28 122.00–138.00 $126.54 $1,907 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
675–1035 815 85-90% 4 55.00–68.00 $62.65 $511 —
780–1555 1102 85-90% 17 74.00–92.00 $86.40 $952 +3.11

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1175–1795 1404 12 100.00–123.00 $112.81 $1,584 —
1185–2055 1784 15 130.00–150.00 $138.09 $2,464 —

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Dairy Steers

N/N/A ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1120–1250 1190 3 110.00–131.00 $123.40 $1,468 —
1225–1430 1352 5 136.00–150.00 $144.93 $1,959 —
1215–1900 1487 32 151.00–164.00 $156.11 $2,321 —

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Reading this report

What does "Medium and Large 1" mean?

USDA feeder grades describe frame size and muscle thickness, not quality of the individual animal. "Medium and Large" is the frame score; the number is muscle (1 = heaviest muscled). "Medium and Large 1–2" pens mix both muscle scores — common across the Southeast.

What is $/cwt?

Dollars per hundredweight — per 100 lb of animal. A 500-lb calf at $450/cwt brings 5 × $450 = $2,250. Lighter cattle usually bring more per cwt but less per head.

Why are some prices per head?

Bred cows, cow-calf pairs, and some replacement classes sell by the head, not by weight. We show those exactly as USDA reports them — a $/head figure is never converted into $/cwt on this site.

Where do these numbers come from?

From the USDA Agricultural Marketing Service's Livestock Market News — federal reporters at the sale. We publish each report in full and link the official USDA document at the top of the page.