Cattle Market Pulse

Lamoni Livestock Feeder Cattle Market Report

Lamoni, Iowa · USDA-reported Auction Livestock

Sale of Thursday, January 11, 2024

1,570 head sold ·Official USDA report

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

light 6-weight M&L 1 steers $262.96/cwt +1.29 vs last sale · ≈ $1,653/hd at 628 lb · 191 head
heavy 5-weight M&L 1 heifers $233.70/cwt -7.07 vs last sale · ≈ $1,351/hd at 578 lb · 161 head
light 6-weight M&L 1 heifers $220.06/cwt -8.92 vs last sale · ≈ $1,378/hd at 626 lb · 142 head

Receipts

HeadThis saleLast saleLast year
Total receipts 1,570 1,714 2,795
Feeder cattle 1,570 1,714 2,795

Market comments — USDA reporter

Compared to last week, steers under 650 lbs. sold 2.00 to 4.00 higher, while steers over 650 lbs. sold mostly 7.00 to 10.00 lower. Heifers sold 5.00 to sharply lower. Demand was good today. Supply was moderate and included a few load lots.

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
422 422 5 315.00 $315.00 $1,329 +20.00
458–468 466 23 300.00–318.00 $314.93 $1,468 +16.52
521–542 532 31 264.00–283.00 $275.46 $1,465 -31.11
543 unweaned 543 6 246.00 $246.00 $1,336 —
553–582 566 130 261.00–286.50 $275.74 $1,561 +1.51
603–647 628 179 249.50–272.25 $265.89 $1,670 +4.28
623–641 unweaned 635 12 216.00–226.00 $219.27 $1,392 -43.23
652–696 670 132 236.00–257.50 $242.37 $1,624 -10.37
701–747 715 128 219.00–245.50 $239.19 $1,710 -7.28
783–793 791 58 215.50–222.50 $216.81 $1,715 -11.73
803–825 813 53 210.50–219.00 $214.49 $1,744 -3.00
864–885 865 68 207.00–229.50 $228.48 $1,976 +15.17
958 958 54 219.00 $219.00 $2,098 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
471 471 10 271.00 $271.00 $1,276 +9.58
549 549 4 220.00 $220.00 $1,208 -49.61

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
469 fancy 469 24 260.00 $260.00 $1,219 —
450–493 470 39 225.00–248.00 $242.06 $1,138 -15.60
511–544 540 32 220.00–238.00 $235.87 $1,274 -16.96
556–594 578 153 220.00–242.00 $234.89 $1,358 -5.88
578 unweaned 578 8 211.00 $211.00 $1,220 —
600–648 626 142 200.50–228.50 $220.06 $1,378 -13.27
650–697 678 36 198.00–216.25 $207.37 $1,406 -20.06
708 unweaned 708 3 187.00 $187.00 $1,324 —
712–718 715 27 195.75–211.50 $204.53 $1,462 -2.01
762 762 9 197.50 $197.50 $1,505 -1.33
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
538 538 6 210.00 $210.00 $1,130 —
592 592 6 210.00 $210.00 $1,243 -2.00

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Feeder Bulls

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
559 559 9 218.00 $218.00 $1,219 —
679 679 4 190.00 $190.00 $1,290 -20.00
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
651 651 5 205.00 $205.00 $1,335 —

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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.