Cattle Market Pulse

Lamoni Livestock Feeder Cattle Market Report

Lamoni, Iowa · USDA-reported Auction Livestock

Sale of Thursday, June 13, 2024

1,228 head sold ·Official USDA report

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

light 9-weight M&L 1 steers $245.46/cwt -6.91 vs last sale · ≈ $2,263/hd at 922 lb · 187 head
heavy 8-weight M&L 1 steers $249.67/cwt -3.08 vs last sale · ≈ $2,192/hd at 878 lb · 184 head
light 8-weight M&L 1 steers $265.50/cwt +13.00 vs last sale · ≈ $2,196/hd at 827 lb · 183 head

Receipts

HeadThis saleLast saleLast year
Total receipts 1,228 1,762 1,736
Feeder cattle 1,228 1,762 1,736

Market comments — USDA reporter

Compared to the sale two weeks ago, steers sold mostly 5.00 to 18.00 lower. Heifers sold sharply lower. Supply was moderate today and included several load lots of yearling cattle. Demand was moderate.

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
465–487 477 18 363.00 $363.00 $1,732 +11.50
479 unweaned 479 12 357.50 $357.50 $1,712 —
553–596 unweaned 577 43 325.00–325.50 $325.43 $1,878 —
565–592 580 28 308.00–319.50 $314.55 $1,824 -9.92
606–635 622 11 291.00–294.00 $292.67 $1,820 -20.27
615–645 unweaned 626 9 288.50–301.00 $296.38 $1,855 —
658–689 674 11 282.00–286.50 $283.85 $1,913 -4.85
737–744 740 26 265.00–276.00 $270.37 $2,001 -18.49
820–832 827 183 265.50 $265.50 $2,196 +13.00
860–890 878 184 245.75–255.25 $249.67 $2,192 -3.08
900–935 922 187 234.00–248.75 $245.46 $2,263 -6.91
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
418 418 4 320.00 $320.00 $1,338 —
460–499 487 15 332.50–341.00 $336.84 $1,640 +36.84
512 512 3 291.00 $291.00 $1,490 —
594 594 5 272.00 $272.00 $1,616 -33.13
646 646 7 270.00 $270.00 $1,744 -20.00
731 731 5 254.00 $254.00 $1,857 -2.19
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
526 526 7 310.00 $310.00 $1,631 —
601 601 9 288.00 $288.00 $1,731 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
399 unweaned 399 6 300.00 $300.00 $1,197 —
450–459 454 12 316.00–317.50 $316.63 $1,438 -13.04
478 unweaned 478 4 300.00 $300.00 $1,434 —
503–542 522 33 290.00–311.00 $300.30 $1,568 -20.89
529 unweaned 529 9 286.00 $286.00 $1,513 —
553 thin fleshed 553 14 289.50 $289.50 $1,601 —
559–596 576 44 260.00–275.50 $265.91 $1,532 -23.43
577 unweaned 577 3 240.00 $240.00 $1,385 —
611 611 4 253.00 $253.00 $1,546 -27.56
650–660 657 9 254.00–256.00 $254.66 $1,673 -12.52
708 708 3 230.00 $230.00 $1,628 -24.64
715–749 730 89 235.00–247.50 $245.68 $1,793 -8.96
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
492 492 11 290.00 $290.00 $1,427 -12.19
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
528 528 5 277.00 $277.00 $1,463 —

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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.