Cattle Market Pulse

Iowa Weekly Cattle Auction Summary

Iowa · USDA-reported Auction Livestock

Sale of Monday, June 17, 2024

4,125 head sold ·Official USDA report

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

light 6-weight M&L 1 steers $306.93/cwt +12.59 vs last sale · ≈ $1,851/hd at 603 lb · 116 head
heavy 5-weight M&L 1-2 heifers $243.76/cwt ≈ $1,404/hd at 576 lb · 81 head
heavy 6-weight M&L 1 heifers $241.50/cwt -13.16 vs last sale · ≈ $1,604/hd at 664 lb · 59 head
HeadThis saleLast saleLast year
Total receipts 4,125 2,283 2,905
Feeder cattle 2,216 1,228 2,575
Slaughter cattle 1,909 1,055 330

Compared to last week: Feeder steers and heifers too lightly tested to make a good market comparison. Very good demand remains for feeder cattle, of all weights and kinds as offerings in the auction markets are very limited. Cash fed cattle reached up to 198.00 again this week, a full 10.00 premium to the futures contracts, which is giving cattle feeders great hope that this bullish run in the market will continue.

New to these tables? Plain-English explainers ↓

N/N/A ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
905–1335 1088 4 160.00–189.00 $174.88 $1,903 —
1323 1323 10 191.00 $191.00 $2,527 +7.76
1141–1615 1328 104 180.00–190.75 $188.80 $2,507 +5.56
1214–1481 1414 144 187.25–196.00 $192.18 $2,717 —
1182–1745 1428 438 191.00–199.50 $195.42 $2,791 —
1515–1569 1531 27 193.25–194.00 $193.77 $2,967 —
1500–1592 1548 64 190.75–198.00 $193.97 $3,003 —
1640–1770 1705 6 193.00–195.00 $193.96 $3,307 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
251 251 10 450.00 $450.00 $1,130 —
534 534 50 317.50 $317.50 $1,695 —
590 590 14 300.00 $300.00 $1,770 -14.55
601–609 603 116 305.00–310.00 $306.93 $1,851 +14.26
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
422–443 433 12 300.00 $300.00 $1,299 -20.00
564–576 573 32 290.00–295.00 $293.77 $1,683 +21.77

↑ Back to top

N/N/A ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1083–1085 1084 3 172.00–185.00 $180.66 $1,958 —
1093 1093 9 186.50 $186.50 $2,038 —
1060–1505 1232 45 184.00–190.00 $187.91 $2,315 +2.20
1137–1575 1316 323 186.00–199.00 $193.46 $2,546 +0.11
1227–1468 1370 17 185.00–191.00 $187.89 $2,574 —
1618 1618 6 193.75 $193.75 $3,135 +14.75
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
251 251 10 435.00 $435.00 $1,092 —
555–578 572 32 265.00–270.00 $266.21 $1,523 +0.30
615 615 6 252.50 $252.50 $1,553 -0.50
653–688 664 59 240.00–242.50 $241.50 $1,604 -13.16
729 729 18 231.00 $231.00 $1,684 -14.68
833 833 6 232.00 $232.00 $1,933 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
501 501 8 265.00 $265.00 $1,328 —
553–597 576 81 235.00–250.00 $243.76 $1,404 —

↑ Back to top

Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1055–1425 1254 75-80% 30 138.00–159.00 $146.01 $1,831 -1.97
1070–2040 1469 75-80% 55 120.00–146.50 $138.46 $2,034 -1.44
1135–1895 1521 75-80% 18 118.00–132.00 $125.89 $1,915 -22.13
1210–1950 1532 75-80% 43 138.00–166.00 $145.93 $2,236 -2.09
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
770–1035 938 80-85% 13 125.00–160.00 $139.41 $1,308 +7.92
1015–1185 1100 80-85% 21 125.00–182.50 $145.18 $1,597 —
1030–1640 1308 80-85% 42 116.00–138.00 $130.62 $1,709 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
765–970 907 85-90% 5 111.00–126.00 $121.46 $1,102 —
1015–1510 1197 85-90% 16 106.00–126.00 $116.02 $1,389 +3.91

↑ Back to top

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
775–905 840 2 115.00–120.00 $117.31 $985 —
915–1280 1137 13 116.00–172.00 $148.60 $1,690 —
1370–2200 1706 35 120.00–166.00 $152.72 $2,605 +0.27
1310–2085 1732 24 166.00–190.00 $174.53 $3,023 +22.08

↑ Back to top

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
438 438 6 245.00 $245.00 $1,073 —
617 617 13 215.00 $215.00 $1,327 —
711 711 5 205.00 $205.00 $1,458 —
Medium and Large 3-4 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
438 438 6 245.00 $245.00 $1,073 —
617 617 13 215.00 $215.00 $1,327 —
711 711 5 205.00 $205.00 $1,458 —

↑ Back to top

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
354–359 357 36 295.00–325.00 $315.09 $1,125 —
590 590 20 265.00 $265.00 $1,564 —
602 602 18 265.00 $265.00 $1,595 —
676 676 12 237.50 $237.50 $1,606 —
722 722 5 227.50 $227.50 $1,643 —
757 757 42 237.00 $237.00 $1,794 —
831 831 21 211.00 $211.00 $1,753 —
869 869 20 211.00 $211.00 $1,834 —
994 994 12 194.00 $194.00 $1,928 —
N/N/A ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1280–1771 1467 21 179.50–193.50 $185.63 $2,723 +2.55
Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1007 1007 10 189.00 $189.00 $1,903 —

↑ Back to top

Medium 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
143 143 6 175.00 $175.00 $250 —
265 265 6 175.00 $175.00 $464 —
312 312 46 160.00 $160.00 $499 —
757–778 761 15 135.00 $135.00 $1,027 —
841 841 6 135.00 $135.00 $1,135 —
Medium 3-4 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
143 143 6 175.00 $175.00 $250 —
265 265 6 175.00 $175.00 $464 —
312 312 46 160.00 $160.00 $499 —
757–778 761 15 135.00 $135.00 $1,027 —
841 841 6 135.00 $135.00 $1,135 —
Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
602 602 3 210.00 $210.00 $1,264 —
674 674 5 195.00 $195.00 $1,314 —
1039 1039 4 155.00 $155.00 $1,610 —
1067 1067 7 160.00 $160.00 $1,707 —
Large 3-4 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
602 602 3 210.00 $210.00 $1,264 —
674 674 5 195.00 $195.00 $1,314 —
1039 1039 4 155.00 $155.00 $1,610 —
1067 1067 7 160.00 $160.00 $1,707 —
N/N/A ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1488 1488 2 159.50 $159.50 $2,373 -3.27

↑ Back to top

Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
363–390 372 19 250.00–265.00 $260.03 $967 —
436 436 5 237.50 $237.50 $1,036 —
453–460 454 39 232.50–240.00 $238.64 $1,083 —
503–538 524 23 225.00–240.00 $230.01 $1,205 —
583 583 12 215.00 $215.00 $1,253 —
633 633 13 210.00 $210.00 $1,329 —
653–690 670 59 190.00–210.00 $205.89 $1,379 —
711–714 712 13 200.00–202.50 $200.96 $1,431 —
852–872 865 53 187.50–197.50 $195.12 $1,688 —
1009 1009 10 198.00 $198.00 $1,998 —
Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
363–390 372 19 250.00–265.00 $260.03 $967 —
453–460 454 39 232.50–240.00 $238.64 $1,083 —
583 583 12 240.00 $240.00 $1,399 —
633 633 13 210.00 $210.00 $1,329 —
653–690 668 70 190.00–210.00 $205.75 $1,374 —
711–714 712 13 200.00–202.50 $200.96 $1,431 —
852–872 865 53 187.50–197.50 $195.12 $1,688 —
1009 1009 10 198.00 $198.00 $1,998 —
N/N/A ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1360–1625 1565 43 155.00–167.00 $162.61 $2,545 —
1405–1940 1578 47 168.50–179.50 $171.99 $2,714 —

↑ Back to top

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.