Cattle Market Pulse

Lamoni Livestock Feeder Cattle Market Report

Lamoni, Iowa · USDA-reported Auction Livestock

Sale of Thursday, February 26, 2026

2,788 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 $350.54/cwt +2.44 vs last sale · ≈ $3,105/hd at 886 lb · 304 head
light 8-weight M&L 1 steers $363.67/cwt -3.67 vs last sale · ≈ $3,026/hd at 832 lb · 293 head
light 7-weight M&L 1 steers $402.44/cwt +11.03 vs last sale · ≈ $2,930/hd at 728 lb · 274 head
HeadThis saleLast saleLast year
Total receipts 2,788 3,000 0
Feeder cattle 2,788 3,000 0

Compared to the sale two weeks ago, steers mostly sold 3.00 to 18.00 higher except the 800 to 850 lb. steers which sold 4.00 lower. Heifers sold mostly steady to 3.00 lower. Demand was good today and included internet bidding. Supply was heavy and included several load lots of steers. Five consignors provided nearly 1,000 head total.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
330–347 339 6 570.00–575.00 $572.44 $1,941 -55.06
388 388 4 542.00 $542.00 $2,103
430 430 5 537.50 $537.50 $2,311 -62.50
452–497 489 18 525.00–538.00 $530.53 $2,594 -5.50
518–545 533 35 492.50–525.00 $505.03 $2,692 -10.12
562–591 580 66 482.00–490.00 $486.40 $2,821 +17.60
619–640 634 108 449.00–475.00 $461.43 $2,925 +27.56
658–698 676 160 412.00–432.00 $425.84 $2,879 +9.99
703–740 728 274 390.00–421.50 $402.44 $2,930 +11.03
751–794 762 139 373.00–391.00 $384.50 $2,930 +5.52
808–848 832 293 352.50–376.50 $363.67 $3,026 -3.67
874 874 9 338.00 $338.00 $2,954 -10.10
859–898 886 295 340.00–356.75 $350.92 $3,109 +2.82
908–947 915 107 326.00–344.50 $340.00 $3,111 -0.80
954 954 7 334.50 $334.50 $3,191 +6.87
1006–1025 1010 23 298.00–306.50 $304.62 $3,077
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
461 461 6 500.00 $500.00 $2,305
534 534 26 470.00 $470.00 $2,510 -9.30
557–565 561 6 450.00–460.00 $454.96 $2,552
603–644 637 41 397.50–431.00 $403.92 $2,573 -21.08
667–694 681 29 390.00–415.00 $401.96 $2,737 +6.44
739 739 11 385.00 $385.00 $2,845
817–838 828 6 348.00–351.00 $349.48 $2,894

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
428 428 4 515.00 $515.00 $2,204 +57.78
455–480 473 24 462.50–505.00 $476.51 $2,254 +11.06
518–522 520 10 428.00–443.00 $436.86 $2,272 +2.02
567–598 583 111 390.00–419.50 $405.18 $2,362 -48.06
600–644 615 52 378.00–393.00 $387.33 $2,382 -4.68
650–689 671 137 369.00–381.50 $374.08 $2,510 -1.85
700–738 712 110 350.00–369.00 $358.25 $2,551 -1.35
750–796 fancy 764 173 360.00–389.00 $379.70 $2,901
762–784 775 84 327.75–348.00 $336.58 $2,608 -1.33
811 fancy 811 20 380.00 $380.00 $3,082
805–824 816 36 312.00–330.50 $319.77 $2,609 -14.91
853 853 8 311.50 $311.50 $2,657
911–937 917 39 294.00–309.00 $304.77 $2,795 -5.40
987 987 5 305.00 $305.00 $3,010
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
433 433 6 475.00 $475.00 $2,057
460–465 463 20 440.00–447.50 $444.89 $2,060 +18.55
535–549 547 23 403.00–410.00 $403.89 $2,209 -16.91
560–565 562 8 390.00 $390.00 $2,192 -20.92
605–632 617 21 338.00–369.00 $351.62 $2,169 -29.38
692 692 7 350.00 $350.00 $2,422
733–739 737 13 330.00–340.00 $336.17 $2,478 +3.17

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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.