Cattle Market Pulse

Lamoni Livestock Feeder Cattle Market Report

Lamoni, Iowa · USDA-reported Auction Livestock

Sale of Thursday, June 4, 2026

1,098 head sold ·Official USDA report

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

heavy 9-weight M&L 1 steers $341.61/cwt +6.97 vs last sale · ≈ $3,303/hd at 967 lb · 520 head
light 7-weight M&L 1 heifers $372.00/cwt +16.21 vs last sale · ≈ $2,786/hd at 749 lb · 138 head
light 8-weight M&L 1 steers $355.50/cwt -2.89 vs last sale · ≈ $2,958/hd at 832 lb · 69 head
Lamoni, IA 9-weight steers sold at $342/cwt, $6/cwt below the IA average ($348) and $14/cwt under Bloomfield, IA ($356). The class is down $4/cwt from its early May peak of $352. What this means — computed from this report and its neighbors
HeadThis saleLast saleLast year
Total receipts 1,098 2,025 0
Feeder cattle 1,098 2,025 0

Compared to the sale two weeks ago, nearly all steers sold were from one consignor who brought nearly 750 head of nine- and ten-weight steers. The nine-weight steers sold 7.00 higher, while others were not well compared. Nearly all the heifers were from one consignor who brought nearly 140 head of seven-weight heifers and a higher undertone was noted although not well compared. Demand was very good today and included active internet bidding. Supply was moderate and included several load lots of nine- and ten-weight steers.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
488 488 4 502.00 $502.00 $2,450 -37.88
705 705 5 389.00 $389.00 $2,742 -14.22
832 832 69 355.50 $355.50 $2,958 -2.89
959–982 967 520 339.75–348.00 $341.61 $3,303 +6.97
1056–1098 1078 185 302.50–317.50 $307.94 $3,320
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1102 1102 46 302.50 $302.50 $3,334
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
471 471 4 495.00 $495.00 $2,331 -14.94
917 917 23 328.50 $328.50 $3,012

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
613 613 12 403.50 $403.50 $2,473 -6.20
749 749 138 372.00 $372.00 $2,786 +16.21
912 912 6 314.00 $314.00 $2,864

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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.