Sheldon Livestock market report — August 15, 2024

Sheldon, IA · Thursday sale · USDA report published 08/15/2024 · Sale days

Head sold
928
Last week 627 (+301)
Last year 1,376
5-wt steers (500–599 lb)
$284.69 /cwt
$1,629 per head · 65 hd
vs last week —
7-wt steers (700–799 lb)
$267.50 /cwt
$2,044 per head · 12 hd
vs last week —

Dairy-Holstein feeder cattle sale. No comparison as there hasn't been a recently reported sale. Many small strings, along with a load lot of yearling heifers in the offering today. Good demand, especially on lightweight calves.

USDA Market News reporter, August 15, 2024

This barn's weekly USDA report covers slaughter cattle only, so the feeder tables and cards come from its latest special feeder sale.

Feeder steers — Aug 15

WeightHeadAvg wt$/cwt$/headvs last weekvs last year
300–399 lb23367 lb$338.70$1,242——
400–499 lb64449 lb$323.92$1,455——
500–599 lb65572 lb$284.69$1,629——
600–699 lb13683 lb$275.00$1,878——
700–799 lb12764 lb$267.50$2,044——
800–899 lb8805 lb$246.00$1,980——
Steers, Medium and Large frame, No. 1 and 1–2 muscle, regular lots, head-weighted by 100-lb band. No sale last week to compare.

Feeder heifers — Aug 15

WeightHeadAvg wt$/cwt$/headvs last weekvs last year
300–399 lb62366 lb$314.90$1,153——
400–499 lb40452 lb$325.53$1,473——
500–599 lb23557 lb$277.39$1,546——
700–799 lb4700 lb$240.00†$1,680——
Heifers, Medium and Large frame, No. 1 and 1–2 muscle, regular lots, head-weighted by 100-lb band. No sale last week to compare. † Based on fewer than 5 head; treat as a rough price.

Slaughter cows — Oct 22

No slaughter cows reported at the latest sale.

Price trends

Steers 500–599 lb Steady

Latest (week of August 12, 2024)
$284.69/cwt
4-week average
$284.69
13-week average
$284.69
4-week vs 13-week
0.0%
52-wk low $284.69high $287.57

Sales in 1 of the last 13 weeks.

Steers 700–799 lb Steady

Latest (week of August 12, 2024)
$267.50/cwt
4-week average
$267.50
13-week average
$267.50
4-week vs 13-week
0.0%
52-wk low $230.40high $267.50

Sales in 1 of the last 13 weeks.

Heifers 500–599 lb Steady

Latest (week of August 12, 2024)
$277.39/cwt
4-week average
$277.39
13-week average
$277.39
4-week vs 13-week
0.0%
52-wk low $248.41high $277.39

Sales in 1 of the last 13 weeks.

Direction compares the 4-week average with the 13-week average: Rising +1% or more, Steady within ±1%, Easing −1% to −3%, Falling −3% or more. Weekly prices are head-weighted averages of Medium and Large No. 1 and 1–2 feeder cattle, regular lots.

The label describes recent prices; it is not a forecast. In our backtest of every barn since 2019 (about 35,000 barn-weeks), barns labeled Falling went on to beat other barns' average move over the next 13 weeks 61% of the time, and barns labeled Rising trailed it 56% of the time.

Last 52 weeks

Weekly average $/cwt4-week average

Price history since 2019

Weekly average $/cwt

When to sell: the seasonal pattern

5-weight steers

Not enough history yet for a seasonal pattern.

7-weight steers

Not enough history yet for a seasonal pattern.

Recent sales

SaleHead soldSteers 500–599 $/cwtSteers 700–799 $/cwtHeifers 500–599 $/cwt
Thu Oct 22277———
Thu Oct 15287———
Thu Oct 8174———
Thu Oct 1543———
Thu Sep 17422———
Thu Sep 10370———
Thu Aug 20312———
Thu Aug 6470———
Thu Jul 23545———
Thu Jul 286———
Thu Jun 18220———
Thu Jun 11334———
Thu May 28336———
Thu May 21397———
Thu May 7392———
Thu Apr 30628———
Thu Apr 16255———
Thu Apr 9584———
Thu Mar 26554———
Thu Nov 6459———
Thu Oct 23335———
Thu Oct 16891———
Thu Oct 9287———
Thu Sep 25436———
Thu Sep 11359———
Thu Sep 4292———
Thu Aug 21373———
Thu Jul 24288———
Thu Jul 17320———
Thu Jul 10492———
Thu Jun 12476———
Thu May 29600———
Thu May 22230———
Thu May 8409———
Thu Apr 17214———
Thu Apr 10321———
Thu Nov 7471———
Thu Oct 24426———
Thu Oct 17347———
Thu Oct 10414———
Thu Sep 26267———
Thu Aug 22405———
Thu Aug 15327———
Thu Aug 1275———
Thu Jul 18371———
Thu Jul 11541———
Thu Jun 20354———
Thu Jun 13164———
Thu May 30232———
Thu May 23525———
Last 13 weeks. Download the weekly history as CSV.

Special and graded sales

SaleTypeHeadSteers 500–599Steers 700–799Heifers 500–599In trend
Sep 17, 2026 Feeder Cattle Specialspecial 651 $369.39$303.33$321.71 No
Aug 20, 2026 Feeder Cattle Specialspecial 939 $423.65—$336.66 No
Jun 18, 2026 Feeder Cattle Specialspecial 556 ——$405.85 No
May 21, 2026 Feeder Cattle Specialspecial 661 $483.33$350.00$434.11 No
Apr 16, 2026 Feeder Cattle Specialspecial 928 $482.00$380.18$461.14 No
Oct 16, 2025 Feeder Cattle Specialspecial 890 $428.82$330.49$377.63 No
Aug 21, 2025 Feeder Cattle Specialspecial 899 ——— No
Jul 17, 2025 Feeder Cattle Specialspecial 628 ——— No
Apr 17, 2025 Feeder Cattle Specialspecial 1,106 ——$300.00 No
Oct 17, 2024 Feeder Cattle Specialspecial 1,100 $289.00—$251.83 No
Aug 15, 2024 Feeder Cattle Specialspecial 928 $284.69$267.50$277.39 Yes
Jul 18, 2024 Feeder Cattle Specialspecial 627 $299.21—— No
Jun 20, 2024 Feeder Cattle Specialspecial 1,108 $306.11—$251.51 No
Apr 18, 2024 Feeder Cattle Specialspecial 891 $296.16$245.00$261.44 No
Jan 19, 2024 Feeder Cattle Specialspecial 1,406 $287.57$230.40$248.41 Yes
The last 12 months of this barn's special and graded sales, $/cwt, Medium and Large No. 1 and 1–2 regular lots (value-added lots where a sale has only those). A sale counts in the weekly trend only when it is a regular feeder sale: a plain special where feeder steers and heifers are most of the head. Graded, replacement, cow-and-pair, preconditioned and Holstein sales stay out.

Nearby barns this week

BarnDistanceSaleSteers 500–599Steers 700–799
Dunlap Livestock, Dunlap 93 mi Oct 23$458.70$350.00
Clarinda Livestock, Clarinda 174 mi Oct 22$440.43$355.41
Tama Livestock, Tama 186 mi Sep 14$420.73$335.06
Kalona Livestock, Kalona 242 mi Oct 22——
Bloomfield Livestock, Bloomfield 243 mi Oct 21$443.00$376.96
Straight-line distance between towns. Barns tagged unweaned show unweaned-calf prices. Every Iowa sale this week.

Sale days

SaleLatest reportHeadSales in 52 weeksUSDA report
Slaughter CattleOctober 22, 202627762AMS_2154
Feeder Cattle Special specialSeptember 17, 202665115AMS_2157

Source: USDA AMS Livestock, Poultry and Grain Market News, “Sheldon Livestock Slaughter Cattle - Sheldon, IA” (AMS_2154); “Sheldon Livestock Feeder Cattle Special - Sheldon, IA” (AMS_2157). See something wrong? Report a correction. Feeder prices are Medium and Large frame No. 1 and 1–2 cattle, $/cwt, grouped into 100-lb bands by average weight and weighted by head count. Value-added, unweaned and No. 2 lots are shown in their own columns; other lot types (fancy, fleshy, thin-fleshed, spayed, replacement) are left out. $/head = $/cwt × average weight ÷ 100.