Iowa Weekly Cattle Auction Summary

Iowa · USDA-reported Auction Livestock

Sale of Monday, June 24, 2024

4,725 head sold ·Official USDA report

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

light 8-weight M&L 1 steers $265.76/cwt ≈ $2,193/hd at 825 lb · 406 head

heavy 8-weight M&L 1 steers $266.38/cwt ≈ $2,318/hd at 870 lb · 362 head

heavy 7-weight M&L 1 heifers $255.56/cwt ≈ $1,958/hd at 766 lb · 337 head

Receipts

Head	This sale	Last sale	Last year
Total receipts	4,725	4,125	3,934
Feeder cattle	4,373	2,216	2,122
Slaughter cattle	352	1,909	1,812

Market comments — USDA reporter

Compared to last week: Feeder cattle too lightly tested a week ago to offer a comparison with this week's much larger offering. Demand remains very good for yearling steers and heifers as cash fed cattle continue to set new, all-time high record prices. Good demand for the packages of fall born, light weight calves too as there is such great optimism amongst cattle producers, theses light cattle have a lot of marketing options and are highly sought after. Devastating flooding in northern and NW Iowa last week, and now SW Iowa being affected by the flooding Missouri river after the 10-15 rains in SD and NW IA.

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
375–378	376	7	395.00	$395.00	$1,485	—
405–446	431	14	330.00–381.00	$362.72	$1,563	—
455–494	482	62	346.00–381.00	$357.72	$1,724	—
513–547	531	72	321.00–346.00	$332.68	$1,767	+15.18
559–585	569	51	302.00–325.00	$316.75	$1,802	+16.75
602 thin fleshed	602	14	316.00	$316.00	$1,902	—
600–648	620	135	285.00–318.00	$306.38	$1,900	-0.55
658–690	675	108	280.00–301.00	$292.22	$1,972	—
708–739	723	264	262.00–289.00	$281.57	$2,036	—
754 fancy	754	15	283.00	$283.00	$2,134	—
755–796	784	184	247.00–284.50	$267.81	$2,100	—
802–841	825	406	261.75–274.00	$265.76	$2,193	—
850–896	870	362	245.00–274.00	$266.38	$2,318	—
911–935	914	156	236.75–258.00	$247.12	$2,259	—
954–970	958	138	239.50–249.75	$245.17	$2,349	—
1050	1050	50	227.00	$227.00	$2,384	—

N/N/A ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
935–1005	970	2	172.50–190.00	$180.93	$1,755	—
1115–1390	1262	14	179.00–186.00	$182.72	$2,306	—
1105–1520	1386	43	184.00–194.00	$188.53	$2,613	—
1276–1569	1427	71	196.00–206.00	$201.55	$2,876	+6.13

Medium and Large 1-2 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
427–446	440	17	327.50–340.00	$336.44	$1,480	+36.44
465–477	473	8	275.00–325.00	$306.55	$1,450	—
519–533	524	9	257.50–305.00	$273.62	$1,434	—
553–591	562	22	241.00–294.00	$265.87	$1,494	-27.90
628–638	634	24	262.00–279.00	$272.55	$1,728	—
673–691	685	16	247.00–267.50	$261.21	$1,789	—

Large 1 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
626	626	5	278.00	$278.00	$1,740	—
710	710	16	284.00	$284.00	$2,016	—
778	778	10	260.00	$260.00	$2,023	—
1000–1011	1010	53	225.50–247.00	$226.70	$2,290	—
1060	1060	8	227.75	$227.75	$2,414	—

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
356–383	368	7	370.00–392.50	$382.45	$1,407	—
412–425	419	24	345.00	$345.00	$1,446	—
451–486	459	58	317.50–340.00	$330.20	$1,516	—
502–540	532	34	300.00–329.00	$314.22	$1,672	—
576 thin fleshed	576	35	305.00	$305.00	$1,757	—
555–596	587	140	271.00–300.00	$289.43	$1,699	+23.22
606–649	625	52	251.00–294.00	$273.25	$1,708	+20.75
652–698	686	175	246.50–275.00	$258.17	$1,771	+16.67
702–742	730	129	245.00–278.50	$252.06	$1,840	+21.06
750–783	766	337	239.50–264.00	$255.56	$1,958	—
803–840	825	126	226.00–249.75	$245.18	$2,023	+13.18
850–885	876	182	216.00–238.25	$222.86	$1,952	—
903	903	6	226.00	$226.00	$2,041	—
954–998	979	311	211.00–224.00	$214.55	$2,100	—

N/N/A ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
925–1155	1038	12	160.00–186.50	$181.96	$1,889	—
1030–1475	1243	29	181.00–194.00	$189.61	$2,357	+1.70
1198–1535	1335	56	195.00–205.00	$200.59	$2,678	+7.13

Medium and Large 1-2 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
468–471	470	9	253.00–302.50	$274.92	$1,292	—
542	542	7	280.00	$280.00	$1,518	—
560–587	579	16	232.50–265.00	$255.17	$1,477	+11.41
651	651	6	273.00	$273.00	$1,777	—
706	706	9	250.00	$250.00	$1,765	—
820	820	5	235.00	$235.00	$1,927	—

Large 1 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
642	642	24	273.00	$273.00	$1,753	—
1058	1058	4	203.00	$203.00	$2,148	—

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
661–696	688	13	247.50–250.00	$249.45	$1,716	—

Medium and Large 1-2 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
626	626	3	293.50	$293.50	$1,837	—

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Slaughter Cows

Breaker ($/cwt)
Weight (lb)	Avg wt	Dressing	Head	Price range	Avg $	≈ $/hd	Δ last sale
1200–1360	1288	75-80%	5	135.00–139.00	$137.03	$1,765	-8.98
1250–1900	1508	75-80%	14	131.00–138.00	$134.28	$2,025	+8.39
1380–1810	1577	75-80%	23	139.00–146.00	$142.76	$2,251	—

Boner ($/cwt)
Weight (lb)	Avg wt	Dressing	Head	Price range	Avg $	≈ $/hd	Δ last sale
1060–1215	1128	80-85%	8	128.00–142.00	$135.70	$1,531	-9.48
1045–1565	1276	80-85%	7	120.00–130.00	$125.09	$1,596	—
1280–1420	1337	80-85%	3	110.00–120.00	$114.61	$1,532	-16.01

Lean ($/cwt)
Weight (lb)	Avg wt	Dressing	Head	Price range	Avg $	≈ $/hd	Δ last sale
760–945	855	85-90%	3	100.00–138.00	$114.21	$976	—
1010–1730	1225	85-90%	6	102.00–116.00	$112.53	$1,378	—

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
1185–1225	1205	2	150.00–152.00	$150.98	$1,819	—
1190–1650	1420	2	100.00–104.00	$102.32	$1,453	—
1490–2055	1830	4	166.00–176.00	$172.09	$3,149	—
1815–2570	2007	5	148.00–162.00	$154.75	$3,106	—

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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.