Cattle Market Pulse

Lamoni Livestock Feeder Cattle Market Report

Lamoni, Iowa · USDA-reported Auction Livestock

Sale of Thursday, September 7, 2023

1,730 head sold ·Official USDA report

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

heavy 9-weight M&L 1 steers $225.13/cwt -16.97 vs last sale · ≈ $2,166/hd at 962 lb · 290 head
light 8-weight M&L 1 steers $258.86/cwt +4.20 vs last sale · ≈ $2,107/hd at 814 lb · 198 head
light 7-weight M&L 1 steers $262.35/cwt +1.65 vs last sale · ≈ $1,884/hd at 718 lb · 106 head

Receipts

HeadThis saleLast saleLast year
Total receipts 1,730 1,439 2,556
Feeder cattle 1,730 1,439 2,556

Market comments — USDA reporter

Customer Appreciation BBQ. No recent auction sale for comparison. Demand was very good today. Supply was heavy and included several load lots of reputation cattle.

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
390 390 6 342.50 $342.50 $1,336 —
501–533 510 48 310.00–320.50 $316.61 $1,615 +12.80
522 unweaned 522 14 280.00 $280.00 $1,462 —
556–596 588 80 280.00–305.00 $301.72 $1,774 +4.22
601–634 616 57 275.00–301.10 $288.80 $1,779 +23.89
654–660 657 19 262.00–270.00 $265.35 $1,743 +15.35
702–741 718 106 251.00–272.00 $262.35 $1,884 +1.65
755–799 770 36 236.00–261.50 $250.92 $1,932 +9.92
804–844 814 198 235.00–263.25 $258.86 $2,107 +4.20
856–875 860 50 227.00–248.50 $242.95 $2,089 -3.51
932 932 3 219.00 $219.00 $2,041 -14.91
950–976 962 290 223.25–225.60 $225.13 $2,166 -16.97
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
425 425 13 294.00 $294.00 $1,250 —
463–496 483 27 247.50–297.00 $286.63 $1,384 +86.63
551–585 565 10 250.00–263.00 $255.39 $1,443 +19.37
668 668 6 239.00 $239.00 $1,597 —
809 809 9 212.50 $212.50 $1,719 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
415–417 416 8 275.00–276.00 $275.62 $1,147 +5.11
458 458 34 259.50 $259.50 $1,189 -38.00
488–489 fancy 489 28 286.00–293.75 $292.09 $1,428 —
535–548 537 64 268.00–279.75 $276.48 $1,485 +12.55
547 fancy 547 24 290.25 $290.25 $1,588 —
559–576 571 65 269.00–287.25 $276.82 $1,581 +16.42
603–641 625 41 235.00–242.00 $239.99 $1,500 +9.99
650–694 678 72 242.00–265.00 $258.25 $1,751 +8.25
707–739 723 65 225.00–256.75 $237.40 $1,716 +5.90
752–786 770 15 222.00–230.00 $226.55 $1,744 +1.55
804–823 813 19 222.00–233.00 $226.95 $1,845 —
850 850 3 226.50 $226.50 $1,925 —
913–927 922 60 224.00–228.00 $226.55 $2,089 —
973 973 16 219.00 $219.00 $2,131 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
392 392 9 238.50 $238.50 $935 +8.50
433–447 439 20 239.00–256.50 $248.70 $1,092 —
483 483 4 250.00 $250.00 $1,208 +48.00
558–583 570 22 230.00–250.00 $240.95 $1,373 +7.95
631 631 7 233.00 $233.00 $1,470 +26.84

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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.