Cattle Market Pulse

Lamoni Livestock Feeder Cattle Market Report

Lamoni, Iowa · USDA-reported Auction Livestock

Sale of Thursday, January 18, 2024

923 head sold ·Official USDA report

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

light 7-weight M&L 1 steers $252.32/cwt +13.13 vs last sale · ≈ $1,797/hd at 712 lb · 125 head
light 6-weight M&L 1 steers $271.27/cwt +8.31 vs last sale · ≈ $1,693/hd at 624 lb · 113 head
heavy 6-weight M&L 1 heifers $237.86/cwt +30.49 vs last sale · ≈ $1,572/hd at 661 lb · 108 head
HeadThis saleLast saleLast year
Total receipts 923 1,570 3,041
Feeder cattle 923 1,570 3,041

Compared to last week, steers sold mostly 5.00 to 13.00 higher on this weeks light test. Heifers sold mostly 5.00 to 8.00 higher. Supply was moderate today. Demand was moderate to good.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
481–490 488 19 257.00–285.00 $264.86 $1,293 -50.07
514–540 532 39 255.00–282.50 $268.66 $1,429 -6.80
559–587 571 29 264.00–288.00 $273.92 $1,564 -1.82
607–645 624 113 258.00–282.00 $271.27 $1,693 +5.38
660–688 668 35 230.00–254.00 $242.43 $1,619 +0.06
707–736 712 125 239.50–254.25 $252.32 $1,797 +13.13
759–796 778 40 224.00–240.00 $232.76 $1,811 +15.95
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
426 426 4 231.00 $231.00 $984
461 461 4 262.50 $262.50 $1,210 -8.50
630 630 24 249.50 $249.50 $1,572
709–720 714 11 217.00–221.00 $219.17 $1,565

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
458–497 478 29 242.00–269.00 $260.44 $1,245 +18.38
509–537 525 17 230.00–260.00 $242.25 $1,272 +6.38
552–586 564 104 221.00–247.00 $240.05 $1,354 +5.16
600–622 609 49 220.00–233.00 $227.82 $1,387 +7.76
657–663 661 108 227.50–242.00 $237.86 $1,572 +30.49
704 704 9 212.75 $212.75 $1,498 +8.22
767 767 18 212.00 $212.00 $1,626 +14.50
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
383 383 3 230.00 $230.00 $881
423 423 3 236.00 $236.00 $998
497 497 14 234.00 $234.00 $1,163
539–540 540 8 220.00 $220.00 $1,188 +10.00
592 592 9 208.00 $208.00 $1,231 -2.00

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
378 unweaned 378 3 250.00 $250.00 $945

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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.