Cattle Market Pulse

Lamoni Livestock Feeder Cattle Market Report

Lamoni, Iowa · USDA-reported Auction Livestock

Sale of Thursday, October 19, 2023

1,658 head sold ·Official USDA report

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

light 8-weight M&L 1 steers $250.02/cwt -2.76 vs last sale · ≈ $2,060/hd at 824 lb · 411 head
heavy 8-weight M&L 1 steers $242.34/cwt -7.93 vs last sale · ≈ $2,106/hd at 869 lb · 263 head
light 7-weight M&L 1 steers $260.68/cwt +7.73 vs last sale · ≈ $1,890/hd at 725 lb · 169 head
HeadThis saleLast saleLast year
Total receipts 1,658 1,895 1,500
Feeder cattle 1,658 1,895 1,500

Compared to last sale two weeks ago, steers sold mostly 2.00 to 8.00 lower, heifers sold with a lower undertone on this weeks light test. Demand for the quality cattle presented today was good to very good. Supply was heavy and included several load lots of yearling steers.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
313 313 3 310.00 $310.00 $970
410 fancy 410 7 325.00 $325.00 $1,332
455–485 475 9 274.00–287.50 $283.19 $1,345 -47.74
528 unweaned 528 3 270.00 $270.00 $1,426 -52.24
524–549 533 26 270.00–283.00 $276.62 $1,474
554–581 unweaned 558 60 276.50–293.00 $280.08 $1,563 -9.92
591 591 6 265.00 $265.00 $1,566 -43.85
600–633 620 24 245.00–269.00 $253.19 $1,570 -16.32
621 unweaned 621 4 250.00 $250.00 $1,552 -40.00
653–685 unweaned 659 15 231.00–241.00 $238.92 $1,574 -18.08
657–694 672 41 240.00–265.00 $254.07 $1,707 -4.44
718–726 725 169 255.00–265.00 $260.68 $1,890 +7.73
755–798 769 159 231.00–255.50 $246.88 $1,899 -2.54
807–849 824 411 245.00–251.00 $250.02 $2,060 -2.76
864–898 869 263 233.00–246.00 $242.34 $2,106 -7.93
900 900 60 238.75 $238.75 $2,149
951–970 957 17 226.00–235.75 $232.84 $2,228 +9.34
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
658 658 4 230.00 $230.00 $1,513 +11.45

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
369 369 4 262.50 $262.50 $969
396 unweaned 396 4 240.00 $240.00 $950 -39.15
471–489 479 16 259.00–284.00 $270.17 $1,294
496–499 unweaned 498 25 269.00–284.50 $280.18 $1,395
500–507 unweaned 502 10 248.00–265.50 $260.20 $1,306
530–541 536 11 243.00–251.00 $246.61 $1,322 -21.68
551–593 unweaned 559 39 238.00–263.00 $249.03 $1,392
580 580 3 225.00 $225.00 $1,305 -36.28
601 unweaned 601 6 213.00 $213.00 $1,280
611–640 623 32 220.00–235.00 $227.78 $1,419 -25.87
665–684 671 20 227.00–230.00 $228.74 $1,535
743 743 4 227.50 $227.50 $1,690 -11.50
764–781 778 23 231.50–234.00 $231.93 $1,804 -8.15
802–818 805 19 226.50–229.00 $228.60 $1,840 -10.79
858 858 6 216.00 $216.00 $1,853 -24.39
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1010–1025 1019 8 189.00–198.00 $194.66 $1,984
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
585 585 4 218.00 $218.00 $1,275

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
499 499 6 204.00 $204.00 $1,018
673 673 3 186.00 $186.00 $1,252

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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.