Cattle Market Pulse

Keoco Feeder Cattle Auction Market Report

Sigourney, Iowa · USDA-reported Auction Livestock

Sale of Monday, February 19, 2024

1,241 head sold ·Official USDA report

This is an archived report. See the latest Keoco Feeder Cattle Auction report →

light 7-weight M&L 1 steers $247.19/cwt +5.95 vs last sale · ≈ $1,792/hd at 725 lb · 114 head
heavy 8-weight M&L 1 steers $229.55/cwt +45.55 vs last sale · ≈ $1,965/hd at 856 lb · 105 head
heavy 6-weight M&L 1 steers $263.58/cwt +13.05 vs last sale · ≈ $1,782/hd at 676 lb · 88 head

Receipts

HeadThis saleLast saleLast year
Total receipts 1,241 1,455 435
Feeder cattle 1,241 1,455 435

Market comments — USDA reporter

No trend as no recent report. Trade and demand moderate for the moderate offerings. Quality was uniform with very few less desirable kinds.

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
248 248 2 305.00 $305.00 $756 —
280 280 1 309.00 $309.00 $865 —
305–348 333 5 285.00–314.00 $299.72 $998 +14.87
376–398 387 9 315.00–317.50 $316.08 $1,223 +44.39
407–415 410 9 310.00–336.00 $318.78 $1,307 +10.45
452–480 468 45 304.00–324.00 $314.38 $1,471 +22.99
508–543 526 39 280.00–307.50 $290.69 $1,529 -0.30
553–595 570 64 280.00–294.00 $288.97 $1,647 +0.50
600–631 615 57 270.00–291.00 $280.19 $1,723 +24.05
639 unweaned 639 3 260.00 $260.00 $1,661 —
658–696 676 88 250.00–276.25 $263.58 $1,782 +16.92
700–747 725 114 231.50–258.50 $247.19 $1,792 +5.95
762–799 792 32 226.00–242.50 $232.51 $1,841 +8.19
811 811 6 232.00 $232.00 $1,882 +18.63
852–878 856 105 216.00–232.50 $229.55 $1,965 +45.55
953–969 963 8 204.50–211.00 $208.59 $2,009 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
451–488 470 4 271.00–274.00 $272.56 $1,281 —
565–584 574 16 265.00–270.00 $267.51 $1,536 +10.27
721 721 7 217.00 $217.00 $1,565 +7.00
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
666–698 681 10 225.50–243.00 $236.41 $1,610 —
894 894 6 208.00 $208.00 $1,860 —
1029 1029 8 194.00 $194.00 $1,996 —

↑ Back to top

Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
290 290 1 302.00 $302.00 $876 —
310–338 325 4 287.00–300.00 $296.90 $965 +56.90
365–391 383 25 275.00–294.00 $285.39 $1,093 +38.02
420–449 443 34 270.00–288.50 $284.02 $1,258 +25.61
470–499 489 32 261.00–279.50 $273.15 $1,336 +12.27
501–549 525 68 249.00–271.50 $263.54 $1,384 +15.27
561–593 582 70 245.00–259.00 $253.12 $1,473 +1.68
612 unweaned 612 2 233.00 $233.00 $1,426 —
605–647 618 59 234.00–254.00 $248.08 $1,533 +10.77
652–688 666 50 221.50–237.50 $232.32 $1,547 +1.29
702–737 713 31 224.50–230.50 $226.41 $1,614 +25.33
753–788 770 66 222.00–228.50 $226.75 $1,746 +13.67
803–835 822 12 206.00–222.00 $215.48 $1,771 —
857 857 15 207.00 $207.00 $1,774 +24.75

↑ 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.