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

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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

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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

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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

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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

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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

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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

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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

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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.