Cattle Market Pulse

Iowa Weekly Cattle Auction Summary

Iowa · USDA-reported Auction Livestock

Sale of Monday, August 7, 2023

5,228 head sold ·Official USDA report

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

heavy 9-weight M&L 1 steers $234.09/cwt +5.13 vs last sale · ≈ $2,264/hd at 967 lb · 461 head
heavy 8-weight M&L 1 steers $247.03/cwt +6.03 vs last sale · ≈ $2,131/hd at 863 lb · 262 head
heavy 7-weight M&L 1 heifers $245.99/cwt +1.39 vs last sale · ≈ $1,894/hd at 770 lb · 261 head

Receipts

HeadThis saleLast saleLast year
Total receipts 5,228 9,345 1,816
Feeder cattle 3,637 7,245 0
Slaughter cattle 1,591 2,100 1,816

Market comments — USDA reporter

Compared to last week, choice steers and heifers sold 5.00 to 6.00 higher. Feeder steers and heifers under 700 lbs sold on a light test, though a lower undertone was noted. Feeder steers and heifers over 700 lbs sold 1.00 to 6.00 higher.

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
360 unweaned 360 4 340.00 $340.00 $1,224 —
433 unweaned 433 8 312.50 $312.50 $1,353 —
460 460 28 300.00 $300.00 $1,380 -9.52
473 unweaned 473 5 299.00 $299.00 $1,414 —
504 fancy 504 11 323.00 $323.00 $1,628 —
513–536 526 64 280.00–309.50 $296.21 $1,558 -13.02
545 unweaned 545 3 290.00 $290.00 $1,580 —
551 unweaned 551 12 260.00–290.00 $272.50 $1,501 —
558–599 586 74 278.00–303.25 $297.73 $1,745 +5.65
613–648 637 81 276.00–285.50 $279.36 $1,780 -3.91
658–694 671 28 251.00–275.50 $259.16 $1,739 -11.29
701–748 727 101 249.00–266.00 $257.69 $1,873 -0.66
755–795 780 191 243.00–259.50 $256.22 $1,999 +2.14
804–835 825 138 238.25–256.85 $250.20 $2,064 +0.62
853 853 5 215.50 $215.50 $1,838 -25.50
851–884 863 257 234.00–255.25 $247.64 $2,137 +6.64
910–924 920 192 230.00–234.75 $231.57 $2,130 -4.48
955–973 967 461 226.50–237.25 $234.09 $2,264 +5.13
N/N/A ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
955–1220 1078 33 140.00–210.00 $181.08 $1,952 +6.04
1035–1230 1167 14 180.00–192.00 $185.73 $2,167 +5.73
1045–1315 value added 1180 2 195.00–213.00 $205.03 $2,419 —
1000–1234 1201 10 171.00–178.00 $176.70 $2,122 -6.79
1065–1680 1317 59 168.00–186.00 $180.49 $2,377 +3.26
1183–1765 1406 537 180.00–196.00 $190.28 $2,675 +5.18
1290–1465 1427 5 155.00–165.00 $162.78 $2,323 -22.32
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
345 345 3 285.00 $285.00 $983 —
441 441 4 275.00 $275.00 $1,213 -7.50
552–581 568 21 260.00–270.00 $266.60 $1,514 +7.60
665 665 3 245.00 $245.00 $1,629 -7.00
853–872 864 19 208.00–213.00 $210.92 $1,822 —
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1042 1042 6 180.00 $180.00 $1,876 —
1164 1164 20 199.50 $199.50 $2,322 +3.50

↑ Back to top

Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
350 350 3 277.50 $277.50 $971 —
423 unweaned 423 3 287.50 $287.50 $1,216 —
419–445 426 12 270.00 $270.00 $1,150 -18.27
451–497 471 84 256.00–281.00 $275.97 $1,300 -4.63
473 unweaned 473 3 285.00 $285.00 $1,348 —
512–543 519 63 250.00–277.00 $268.71 $1,395 +1.27
577 unweaned 577 7 250.00 $250.00 $1,442 —
554–586 579 38 250.00–265.00 $257.95 $1,494 -15.46
603–630 618 195 255.50–267.75 $262.68 $1,623 -5.75
662–691 677 102 238.00–260.00 $254.07 $1,720 -1.33
701–708 702 80 239.00–259.00 $256.48 $1,800 +6.00
752–793 770 261 220.00–253.25 $245.99 $1,894 +1.39
809–838 818 149 226.50–246.25 $237.78 $1,945 -1.92
861–883 865 86 224.00–239.00 $236.60 $2,047 +11.93
909–918 910 75 222.75–230.50 $224.00 $2,038 +5.52
968–980 969 61 210.00–225.25 $222.69 $2,158 +3.23
N/N/A ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
905–1165 981 14 132.50–175.00 $159.75 $1,567 —
1075–1143 1104 34 180.00–185.75 $184.20 $2,034 —
1060–1193 1166 5 175.00 $175.00 $2,040 -7.50
1060–1490 1288 35 171.00–187.00 $179.92 $2,317 -5.77
1104–1610 1297 347 183.00–196.75 $190.80 $2,475 +5.11
1195–1535 1368 3 158.00–163.50 $160.03 $2,189 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
588 588 11 252.00 $252.00 $1,482 —
645 645 4 239.00 $239.00 $1,542 +11.00
669 669 5 218.00 $218.00 $1,458 -27.08
757 757 8 216.00 $216.00 $1,635 —

↑ Back to top

Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
881 881 5 182.50 $182.50 $1,608 —

↑ Back to top

Slaughter Cows

Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
865–2025 1331 75-80% 71 110.00–119.50 $114.83 $1,528 —
1105–1960 1425 75-80% 82 118.00–128.50 $123.88 $1,765 +2.26
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
810–1635 1206 80-85% 54 102.00–110.50 $106.32 $1,282 +3.27
1405–1620 1469 80-85% 4 85.00–90.00 $87.98 $1,292 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
755–1150 940 85-90% 3 45.00–60.00 $52.74 $496 —
745–1320 1102 85-90% 28 76.00–101.00 $94.51 $1,042 +35.34
N/N/A ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1245–1835 1494 65-75% 20 130.00–160.00 $136.38 $2,038 —

↑ Back to top

Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1095–1270 1194 8 134.00–149.00 $140.79 $1,681 —
1120–2025 1454 17 112.00–134.00 $125.92 $1,831 —
1550–1665 1608 2 100.00–102.50 $101.21 $1,627 —
1415–2355 1855 22 130.00–166.00 $146.53 $2,718 —

↑ Back to top

Dairy Steers

N/N/A ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1366–1700 1458 6 160.00–167.00 $164.67 $2,401 —
1555–1630 1593 2 153.00–155.00 $154.02 $2,454 —

↑ Back to top

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.