Cattle Market Pulse

Lamoni Livestock Feeder Cattle Market Report

Lamoni, Iowa · USDA-reported Auction Livestock

Sale of Thursday, May 25, 2023

1,784 head sold ·Official USDA report

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

heavy 4-weight M&L 1 steers $297.70/cwt +2.81 vs last sale · ≈ $1,413/hd at 475 lb · 185 head
light 5-weight M&L 1 steers $274.38/cwt -0.31 vs last sale · ≈ $1,430/hd at 521 lb · 179 head
heavy 4-weight M&L 1 heifers $253.62/cwt +8.45 vs last sale · ≈ $1,219/hd at 481 lb · 174 head

Receipts

HeadThis saleLast saleLast year
Total receipts 1,784 2,540 2,320
Feeder cattle 1,784 2,540 2,320

Market comments — USDA reporter

Compared to the feeder auction 2 weeks ago, 400 --500 steer calves were 8.00 - 10.00 higher, 500 - 600 lb were 7.00 - 9.00 higher. 600 lb heifers 6.00 - 8.00 higher. Light test on yearling cattle. Trade was active for the long time weaned, vaccinated fall calves offered today. Supply was moderate. Demand was good to very good.

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
390–395 394 23 302.50–319.00 $316.16 $1,246 +19.68
401–438 416 50 300.00–315.00 $308.99 $1,285 +27.96
453–498 473 132 275.00–311.00 $299.66 $1,417 +10.07
478 unweaned 478 14 250.00 $250.00 $1,195 —
464–490 fancy 479 39 301.00–318.00 $308.18 $1,476 +9.18
501–545 521 179 261.00–293.00 $274.38 $1,430 -1.21
572 fancy 572 22 296.00 $296.00 $1,693 —
550–596 575 100 260.00–291.00 $278.32 $1,600 +19.97
600–640 614 40 260.00–272.00 $263.75 $1,619 +10.29
658–688 679 68 256.00–261.00 $257.50 $1,748 +37.19
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
383 383 3 285.00 $285.00 $1,092 +30.42
412–437 428 8 234.00–250.00 $244.22 $1,045 —
479–492 486 10 260.00–271.00 $265.43 $1,290 +22.70
523–536 533 16 200.00–230.00 $222.64 $1,187 -23.36
560–585 567 11 229.00–251.00 $244.81 $1,388 +33.81
685 685 15 214.50 $214.50 $1,469 +73.50

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
336 336 5 270.00 $270.00 $907 +13.79
389–393 390 25 252.50–280.00 $275.56 $1,075 +11.22
407–448 428 85 257.00–283.25 $269.54 $1,154 -0.36
453–495 479 144 242.00–268.50 $252.08 $1,207 +6.43
488 fancy 488 30 261.00 $261.00 $1,274 —
512–535 523 83 227.00–254.00 $243.41 $1,273 +2.07
531 fancy 531 24 259.00 $259.00 $1,375 —
552–592 569 99 220.00–252.00 $238.15 $1,355 +6.39
600–622 610 15 221.00–228.00 $223.64 $1,364 -9.50
665 665 23 215.00 $215.00 $1,430 -6.13
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
388 388 5 240.00 $240.00 $931 +8.59
408–442 426 18 242.00–249.00 $246.97 $1,052 +2.50
456–481 476 36 170.00–232.00 $211.70 $1,008 -7.30
510 510 7 227.00 $227.00 $1,158 —
572 572 8 238.00 $238.00 $1,361 +26.50
601 601 4 199.00 $199.00 $1,196 —

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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.