Cattle Market Pulse

Lamoni Livestock Feeder Cattle Market Report

Lamoni, Iowa · USDA-reported Auction Livestock

Sale of Thursday, May 16, 2024

3,163 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 $253.53/cwt ≈ $2,084/hd at 822 lb · 209 head
heavy 7-weight M&L 1 steers $276.69/cwt +17.29 vs last sale · ≈ $2,118/hd at 765 lb · 196 head
light 9-weight M&L 1 steers $244.63/cwt +22.63 vs last sale · ≈ $2,248/hd at 919 lb · 191 head
HeadThis saleLast saleLast year
Total receipts 3,163 1,685 2,540
Feeder cattle 3,163 1,685 2,540

Compared to the sale two weeks ago, steers sold 5.00 to 23.00 higher. Heifers under 550 lbs. sold 5.00 to 6.00 lower; while heifers over 550 lbs. sold mostly 5.00 to 15.00 higher. Several groups of quality unweaned calves were offered today without the usual discounts. Supply was heavy today and included several load lots of yearling cattle. Demand was very good.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
353 fancy 353 17 426.00 $426.00 $1,504
354 354 5 392.50 $392.50 $1,389
410–434 425 8 370.00–375.00 $371.81 $1,580 -4.59
438 fancy 438 19 415.00 $415.00 $1,818
438 unweaned 438 33 400.50 $400.50 $1,754 +8.00
456–494 478 119 354.00–378.00 $364.09 $1,740 -6.82
502–529 508 49 348.00–368.00 $363.33 $1,846 +5.36
525–526 unweaned 526 105 337.50–369.50 $368.28 $1,937 +22.98
560 fancy 560 33 370.00 $370.00 $2,072
560–594 575 126 326.00–347.00 $335.62 $1,930 +19.05
605–617 unweaned 610 32 294.00–322.50 $318.74 $1,944
605–639 621 157 295.00–319.00 $310.59 $1,929 +12.27
650 unweaned 650 17 280.00–281.00 $280.18 $1,821 +16.18
650–689 674 99 275.00–291.75 $289.71 $1,953 +6.11
704–714 710 71 275.00–280.50 $277.31 $1,969 +11.81
729 unweaned 729 9 245.00 $245.00 $1,786
762–796 765 184 256.00–280.50 $278.37 $2,130 +18.97
770 770 12 251.00 $251.00 $1,933 -8.40
805–831 822 209 245.00–257.00 $253.53 $2,084
868–881 874 130 238.00–254.00 $249.77 $2,183 +13.21
916–921 919 191 241.50–246.25 $244.63 $2,248 +22.63
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
435 435 11 369.00 $369.00 $1,605
475–498 485 42 284.00–342.00 $324.98 $1,576 -24.02
513–546 533 19 296.00–324.00 $314.67 $1,677 -17.33
535 unweaned 535 12 313.00 $313.00 $1,675 -1.00
564–595 581 61 293.00–319.00 $311.36 $1,809 +26.36
637–644 639 18 286.00–289.00 $287.83 $1,839
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
942 942 36 220.25 $220.25 $2,075
1005–1043 1010 70 199.00–228.75 $224.80 $2,270

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325–348 335 7 360.00–380.00 $371.09 $1,243
354–392 372 48 337.50–352.50 $346.00 $1,287
413 unweaned 413 18 334.00 $334.00 $1,379
419–448 440 105 317.00–334.00 $323.65 $1,424 +1.89
454–496 474 101 296.00–319.00 $310.45 $1,472 -4.58
477 unweaned 477 49 323.00 $323.00 $1,541
513 thin fleshed 513 35 317.00 $317.00 $1,626
506–548 530 46 300.00–305.00 $301.75 $1,599 -5.57
530–545 unweaned 537 25 272.00–294.00 $281.67 $1,513 -14.33
552 thin fleshed 552 25 302.50 $302.50 $1,670
560–585 578 53 280.00–298.00 $294.76 $1,704 +10.93
580 unweaned 580 11 300.00 $300.00 $1,740 +31.00
601–633 613 88 272.00–291.75 $282.65 $1,733 +14.82
625 unweaned 625 6 250.00 $250.00 $1,562
688–697 692 43 242.00–252.75 $251.40 $1,740 -22.55
713–732 720 31 239.00–248.00 $244.11 $1,758
758 758 73 243.00 $243.00 $1,842 +4.81
841 841 8 227.00 $227.00 $1,909
936 936 51 216.25 $216.25 $2,024 +8.25
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
504–546 531 16 258.00–292.00 $277.85 $1,475 -3.15
558–598 586 37 260.00–270.00 $266.07 $1,559
605–615 611 7 230.00–260.00 $247.26 $1,511
679 679 5 233.00 $233.00 $1,582

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
409–420 412 10 345.00 $345.00 $1,421
456 456 6 296.00 $296.00 $1,350
516–536 521 16 281.00–288.00 $282.80 $1,473
689 689 5 245.00 $245.00 $1,688

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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.