Cattle Market Pulse

Lamoni Livestock Feeder Cattle Market Report

Lamoni, Iowa · USDA-reported Auction Livestock

Sale of Thursday, February 16, 2023

1,638 head sold ·Official USDA report

This is an archived report. See the latest Lamoni Livestock Feeder Cattle report →

heavy 6-weight M&L 1 steers $194.65/cwt +3.18 vs last sale · ≈ $1,306/hd at 671 lb · 216 head
heavy 7-weight M&L 1 steers $180.75/cwt -0.72 vs last sale · ≈ $1,383/hd at 765 lb · 193 head
light 7-weight M&L 1 heifers $173.79/cwt +0.57 vs last sale · ≈ $1,265/hd at 728 lb · 183 head

Receipts

HeadThis saleLast saleLast year
Total receipts 1,638 3,462 2,715
Feeder cattle 1,638 3,462 2,715

Market comments — USDA reporter

Compared to the sale two weeks ago, steers under 700 lbs. sold steady to 9.00 higher while steers over 700 lbs. sold mostly 1.00 to 2.00 lower. Heifers sold steady to higher in all weights group on a light test. Demand was good with a moderate offering.

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
383–394 391 11 223.00–226.00 $225.20 $881 -1.80
407–444 428 7 220.00–240.00 $228.15 $976 -11.63
458 unweaned 458 8 216.00 $216.00 $989 -4.00
492 492 10 235.00 $235.00 $1,156 +6.06
505–548 536 68 208.00–233.00 $228.29 $1,224 +1.74
576–588 583 58 214.50–220.50 $218.95 $1,276 +5.17
606–648 626 81 202.50–214.50 $207.32 $1,298 +9.96
650–698 671 216 182.75–202.50 $194.65 $1,306 +3.18
723–734 732 90 174.50–183.50 $181.27 $1,327 -2.56
758–783 765 193 170.00–183.50 $180.75 $1,383 -1.06
802–829 808 38 170.00–179.50 $174.56 $1,410 -1.50
870–884 877 38 160.00–171.50 $169.26 $1,484 -4.98
931 931 49 172.00 $172.00 $1,601 —
974–990 981 13 145.00–155.00 $150.34 $1,475 +0.34
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
533–547 538 9 170.00–200.00 $182.65 $983 -19.85
572 572 13 190.00 $190.00 $1,087 —
753 753 3 160.00 $160.00 $1,205 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
440–441 441 32 205.00–210.50 $206.37 $910 +6.35
450–466 462 17 188.00–205.00 $198.26 $916 +8.61
517–548 533 53 207.00–222.00 $216.76 $1,155 +28.58
553–569 fancy 557 25 212.00–222.00 $219.55 $1,223 —
567–598 577 61 175.00–202.50 $193.81 $1,118 +9.85
610–648 632 94 170.00–183.00 $179.67 $1,136 ±0.00
652–687 661 110 176.00–181.75 $179.42 $1,186 +4.84
701–747 728 183 162.00–177.00 $173.79 $1,265 +0.57
758 758 5 169.50 $169.50 $1,285 +4.43
837 837 9 166.50 $166.50 $1,394 +0.43
863 863 10 161.25 $161.25 $1,392 +6.25
942 942 13 155.00 $155.00 $1,460 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
547 547 3 185.00 $185.00 $1,012 —
589–590 589 7 150.00–161.00 $154.72 $911 —
745 745 6 158.00 $158.00 $1,177 —
787 787 5 140.00 $140.00 $1,102 —
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1033 1033 15 150.00 $150.00 $1,550 —

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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.