Cattle Market Pulse

Lamoni Livestock Feeder Cattle Market Report

Lamoni, Iowa · USDA-reported Auction Livestock

Sale of Thursday, March 21, 2024

3,554 head sold ·Official USDA report

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

heavy 8-weight M&L 1 steers $248.86/cwt +7.49 vs last sale · ≈ $2,158/hd at 867 lb · 316 head
light 7-weight M&L 1 heifers $250.61/cwt +11.77 vs last sale · ≈ $1,827/hd at 729 lb · 285 head
light 6-weight M&L 1 heifers $272.06/cwt +1.96 vs last sale · ≈ $1,701/hd at 625 lb · 216 head

Receipts

HeadThis saleLast saleLast year
Total receipts 3,554 2,869 1,939
Feeder cattle 3,554 2,869 1,939

Market comments — USDA reporter

Last reported sales was three weeks ago a market trend is not applicable. However, a sharply higher undertone was noted. Demand was very good. Large crowd of buyers on hand Thursday and they bid readily from start to finish. With spring planting just around the corner farmer/feeders were in town buying cattle to go to the feedlot or for summer grass. Bulk of the sale was weaned calves with some fresh fall calves in the run coming from southern Iowa and northern Missouri. Majority of the cattle carried a "green tag" showing they had precondition shots from veterinarians and cattle displayed light to medium flesh.

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
301–343 unweaned 319 12 400.00–440.00 $422.05 $1,346 —
365 365 5 395.00 $395.00 $1,442 -7.09
363–390 unweaned 380 30 365.00–425.00 $403.99 $1,535 —
409 fancy 409 10 445.00 $445.00 $1,820 —
425–447 433 58 400.00–412.00 $403.42 $1,747 +20.09
439–444 unweaned 443 34 310.00–370.00 $359.71 $1,594 +29.71
478 unweaned 478 5 333.00 $333.00 $1,592 —
479–496 488 81 247.00–357.00 $334.95 $1,635 -11.78
516–533 527 117 342.50–364.50 $349.50 $1,842 +14.77
521–548 unweaned 541 19 317.00–325.00 $322.97 $1,747 —
552–594 572 146 324.00–345.00 $331.91 $1,899 +13.56
605–649 622 134 302.50–327.00 $315.49 $1,962 +15.02
651 unweaned 651 16 251.00 $251.00 $1,634 —
655–695 681 151 290.00–319.00 $299.68 $2,041 +24.53
703–743 723 95 280.50–287.50 $285.12 $2,061 +21.59
759–797 776 85 261.50–272.50 $269.17 $2,089 +16.47
802–844 832 170 247.50–253.50 $251.17 $2,090 +8.00
856–887 867 316 246.00–250.50 $248.86 $2,158 +7.49
948 948 29 235.00 $235.00 $2,228 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
297 unweaned 297 8 430.00 $430.00 $1,277 —
433–439 436 10 320.00–355.00 $337.62 $1,472 -1.52
531 531 9 331.00 $331.00 $1,758 +42.39
578–596 585 23 300.00–306.50 $303.81 $1,777 +23.81
596 thin fleshed 596 18 303.00 $303.00 $1,806 —
677–694 690 19 284.00–295.00 $292.16 $2,016 +60.16
710–747 739 100 270.50–276.00 $272.80 $2,016 —
798 798 17 248.00–253.00 $251.24 $2,005 —
886 886 28 240.00 $240.00 $2,126 —
942 942 9 211.50 $211.50 $1,992 +11.00
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
570 570 27 292.00 $292.00 $1,664 —
647 647 9 274.00 $274.00 $1,773 —
724 724 5 247.00 $247.00 $1,788 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
290 unweaned 290 5 340.00 $340.00 $986 —
331–337 unweaned 335 21 335.00–352.50 $345.91 $1,159 —
373 unweaned 373 16 372.50 $372.50 $1,389 —
412–423 unweaned 418 21 317.50–337.00 $325.73 $1,362 +45.73
428–437 430 48 337.00–340.00 $339.43 $1,460 +30.68
450–482 459 57 322.00–337.00 $329.26 $1,511 +32.61
476–478 unweaned 477 26 291.00–320.00 $312.17 $1,489 —
501–535 516 116 300.00–327.00 $313.50 $1,618 +29.05
570 unweaned 570 17 252.00 $252.00 $1,436 —
556–597 586 159 278.00–296.00 $287.83 $1,687 +18.85
601 601 15 260.00–265.00 $262.33 $1,577 -7.77
610–626 thin fleshed 615 15 290.00–293.00 $291.02 $1,790 —
602–648 628 186 261.50–281.00 $271.31 $1,704 +1.21
673–694 681 35 250.00–254.00 $252.63 $1,720 -9.11
705–739 729 285 244.00–254.00 $250.61 $1,827 +11.77
751 751 68 251.75 $251.75 $1,891 —
806 806 5 224.00 $224.00 $1,805 +12.96
800–823 818 21 225.00–229.50 $226.05 $1,849 +15.01
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
318 318 5 320.00 $320.00 $1,018 —
377–398 unweaned 388 6 327.00–335.00 $331.11 $1,285 —
421 421 5 317.00 $317.00 $1,335 —
468–497 481 36 290.00–316.00 $303.12 $1,458 +48.65
576–590 581 27 245.00–269.00 $254.02 $1,476 —
584 thin fleshed 584 14 277.50 $277.50 $1,621 —
646 646 8 243.00 $243.00 $1,570 —
676–699 692 17 241.00–244.00 $242.36 $1,677 +15.86
704 704 7 237.00 $237.00 $1,668 —
761–789 770 32 232.00–240.00 $235.88 $1,816 —
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
566 566 20 284.50 $284.50 $1,610 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
464 464 4 330.00 $330.00 $1,531 —
769 769 10 235.00 $235.00 $1,807 —

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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.