Cattle Market Pulse

Iowa Weekly Cattle Auction Summary

Iowa · USDA-reported Auction Livestock

Sale of Monday, July 24, 2023

3,450 head sold ·Official USDA report

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

heavy 8-weight M&L 1 steers $254.27/cwt +15.50 vs last sale · ≈ $2,215/hd at 871 lb · 303 head
heavy 9-weight M&L 1 steers $232.50/cwt ≈ $2,302/hd at 990 lb · 196 head
heavy 7-weight M&L 1 heifers $234.96/cwt -0.04 vs last sale · ≈ $1,866/hd at 794 lb · 192 head
HeadThis saleLast saleLast year
Total receipts 3,450 5,003 4,800
Feeder cattle 2,303 2,755 2,965
Slaughter cattle 1,147 2,248 1,835

Compared to last week, choice steers and heifers sold 3.00 to 4.00 higher. Feeder steers under 700 lbs sold 2.00 to 8.00 lower, with instances of 6.00 higher from 500 to 600 lbs. Feeder steers over 700 lbs sold on a light test, though a higher undertone was noted. Feeder heifers overall sold on a light test, though a lower undertone was noted.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
241 241 13 330.00 $330.00 $795
335 335 14 320.00 $320.00 $1,072
495 495 24 310.00 $310.00 $1,534 +13.99
508–534 524 22 284.00–290.00 $288.36 $1,511 -11.71
557–589 585 64 294.00–300.00 $299.20 $1,750 +6.03
621 621 6 270.00 $270.00 $1,677 -8.43
687–694 688 52 249.00–263.00 $261.37 $1,798 -2.08
716–724 719 64 247.50–267.00 $260.39 $1,872 +3.89
792 792 119 264.75 $264.75 $2,097 +16.25
807–841 826 128 247.00–257.50 $255.89 $2,114 +0.38
859–888 871 303 243.00–259.50 $254.27 $2,215 +15.50
911–937 932 122 220.00–244.00 $237.72 $2,216 +12.33
990 990 196 232.50 $232.50 $2,302
N/N/A ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
850–1230 1100 26 150.00–178.00 $166.87 $1,836 -20.01
1025–1170 1120 3 169.00–175.00 $172.48 $1,932 -14.40
1045–1224 1167 12 179.00–190.00 $183.53 $2,142 +9.20
1100–1552 1298 61 169.50–187.00 $178.60 $2,318
1169–1700 1382 468 178.00–198.50 $189.07 $2,613 +12.79
1290–1525 1388 15 155.00–165.00 $160.41 $2,226 -15.87
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1008–1038 1014 97 229.50–230.50 $229.78 $2,330 +21.28
1065 1065 6 180.50 $180.50 $1,922
1117–1133 1123 8 175.00–180.00 $176.89 $1,986
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
570 570 3 245.00 $245.00 $1,396 -9.09
680 680 3 225.00 $225.00 $1,530 +6.00
778–790 787 18 226.00–236.00 $233.80 $1,840
832 832 9 226.00 $226.00 $1,880 +7.00
906 906 3 210.00 $210.00 $1,903

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
243 243 14 325.00 $325.00 $790
375 375 10 290.00 $290.00 $1,088 +28.49
453–490 480 11 232.50–250.00 $237.01 $1,138 -13.36
525–544 533 12 242.50–258.00 $251.41 $1,340 -12.54
571–594 579 33 242.00–253.00 $250.86 $1,452 -16.01
620–641 635 45 241.00–252.00 $249.45 $1,584 -5.99
703–747 714 180 231.00–244.00 $240.43 $1,717 +3.57
772–799 794 192 222.00–239.50 $234.96 $1,866 -0.04
817–834 832 156 227.00–237.50 $236.62 $1,969 +25.52
893 893 26 222.00 $222.00 $1,982 +3.24
907 907 95 220.75 $220.75 $2,002
951 951 5 213.00 $213.00 $2,026
N/N/A ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
775–1105 974 20 102.50–176.00 $158.54 $1,544
1065–1130 1086 4 164.00–175.50 $172.15 $1,870 -14.53
1000–1137 1095 26 178.00–184.50 $180.50 $1,976
1045–1830 1228 24 171.00–187.00 $179.22 $2,201
1095–1470 1251 198 176.50–195.00 $187.83 $2,350
1180–1520 1386 4 150.00–156.00 $152.93 $2,120
1795 1795 1 140.00 $140.00 $2,513
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
383 383 3 240.00 $240.00 $919
515 515 3 222.50 $222.50 $1,146
739 739 5 219.00 $219.00 $1,618 +9.00
781–785 783 6 206.00–209.00 $207.50 $1,625
949 949 7 180.00 $180.00 $1,708

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Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1170–1725 1361 75-80% 13 106.00–114.00 $110.05 $1,498
1180–1645 1425 75-80% 36 111.00–129.00 $118.77 $1,692 +11.80
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
695–1465 1108 85-90% 19 75.00–95.00 $86.45 $958 +1.37
1125–1320 1223 85-90% 2 67.50–69.00 $68.19 $834
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
990–1725 1300 80-85% 17 94.00–109.00 $101.09 $1,314
N/N/A ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1375–1755 1538 65-75% 15 132.00–163.00 $145.56 $2,239

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
805–990 898 2 82.50–95.00 $89.39 $803
1340–1795 1530 3 109.00–130.00 $122.76 $1,878
1525–2460 1894 21 133.00–160.00 $142.55 $2,700

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N/N/A ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1275–1605 1485 9 155.00–168.00 $163.48 $2,428
1500 1500 1 149.00 $149.00 $2,235 +2.19

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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.