Cattle Market Pulse

Lamoni Livestock Feeder Cattle Market Report

Lamoni, Iowa · USDA-reported Auction Livestock

Sale of Thursday, May 2, 2024

1,685 head sold ·Official USDA report

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

heavy 6-weight M&L 1 heifers $273.95/cwt +11.95 vs last sale · ≈ $1,800/hd at 657 lb · 161 head
light 5-weight M&L 1 heifers $306.52/cwt +1.39 vs last sale · ≈ $1,611/hd at 526 lb · 155 head
heavy 7-weight M&L 1 heifers $238.19/cwt ≈ $1,829/hd at 768 lb · 152 head

Receipts

HeadThis saleLast saleLast year
Total receipts 1,685 1,779 2,238
Feeder cattle 1,685 1,779 2,238

Market comments — USDA reporter

Compared to the auction two week's ago, light weight 400 - 500 lb steer calves were 12.00 to 15.00 higher, six weight steers were 4.00 to 6.00 higher and 800 - 900 lb steer cattle were steady with a lower undertone. Load lots of heifers weighing 600 - 700 lb found today's market fully 10.00 to 12.00 higher. Market was very active. Demand was very good for today's moderate offering.

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
363–391 unweaned 378 19 412.50–425.00 $418.19 $1,581 —
403–443 424 20 360.00–392.50 $376.40 $1,596 —
435 unweaned 435 14 392.50 $392.50 $1,707 +25.00
461–476 469 34 357.50–384.75 $370.91 $1,740 +26.66
478 unweaned 478 6 356.00 $356.00 $1,702 +16.00
500–506 unweaned 503 14 342.50–349.00 $345.30 $1,737 +25.30
501–535 515 47 350.00–367.50 $357.97 $1,844 +46.33
559–563 561 31 313.00–320.00 $316.57 $1,776 +15.11
554–586 unweaned 571 65 300.25–320.00 $308.48 $1,761 +23.22
614–617 615 27 293.00–302.00 $298.32 $1,835 +6.14
661–673 670 33 272.00–287.25 $283.60 $1,900 -5.82
672 unweaned 672 5 264.00 $264.00 $1,774 —
739 739 13 265.50 $265.50 $1,962 -18.00
760–784 768 23 243.00–266.75 $259.40 $1,992 —
865–880 868 36 229.50–238.00 $236.56 $2,053 -7.69
939 939 56 222.00 $222.00 $2,085 -20.66
1080 1080 46 202.50 $202.50 $2,187 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
480 480 9 349.00 $349.00 $1,675 —
514 unweaned 514 9 314.00 $314.00 $1,614 —
540 540 9 332.00 $332.00 $1,793 +29.03
585 585 5 285.00 $285.00 $1,667 -3.08

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
353 unweaned 353 5 322.50 $322.50 $1,138 -18.50
405–418 414 46 311.00–344.00 $321.76 $1,332 —
454–476 472 61 301.00–325.25 $315.03 $1,487 -10.82
519 unweaned 519 11 296.00 $296.00 $1,536 -10.32
501–546 526 144 293.50–322.00 $307.32 $1,617 +3.08
560–596 568 31 272.00–293.00 $283.83 $1,612 +6.55
575 unweaned 575 11 269.00 $269.00 $1,547 —
634–643 640 42 256.00–272.50 $267.83 $1,714 +22.46
656–691 657 161 250.00–275.00 $273.95 $1,800 +11.95
753–784 768 152 226.00–245.00 $238.19 $1,829 —
868 868 57 212.75 $212.75 $1,847 —
916 916 7 208.00 $208.00 $1,905 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
519 519 16 281.00 $281.00 $1,458 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
435 unweaned 435 4 366.00 $366.00 $1,592 —

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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.