Cattle Market Pulse

F and T Livestock Market Feeder/Replacement Cattle Market Report

Palmyra, Missouri · USDA-reported Auction Livestock

Sale of Monday, May 3, 2021

665 head sold ·Official USDA report

This is an archived report. See the latest F and T Livestock Market Feeder/Replacement Cattle report →

heavy 4-weight M&L 1 heifers $150.50/cwt -7.08 vs last sale · ≈ $721/hd at 479 lb · 31 head
heavy 4-weight M&L 1 steers $170.41/cwt -5.05 vs last sale · ≈ $823/hd at 483 lb · 30 head
heavy 5-weight M&L 1 steers $150.24/cwt -11.43 vs last sale · ≈ $871/hd at 580 lb · 28 head

Receipts

HeadThis saleLast saleLast year
Total receipts 665 1,985 523
Feeder cattle 665 1,985 523

Market comments — USDA reporter

Compared to the auction from two weeks ago, feeder steers and heifers 5.00-10.00 lower. The feeder market has eroded over the past couple of weeks as grain prices have pushed higher and the fat cattle market has been disappointing. Demand moderate and supply light.

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
310 310 2 189.00 $189.00 $586 -5.75
381–383 381 9 178.00–183.00 $181.88 $693 -4.14
465–495 483 30 169.00–173.00 $170.41 $823 +6.00
503–508 506 10 157.00–164.00 $161.22 $816 -8.12
558–597 580 28 149.00–152.00 $150.24 $871 -14.42
608–622 618 22 141.00–149.00 $143.15 $885 -9.22
658–662 660 11 139.00–142.00 $140.64 $928 -18.44
735 735 4 142.00 $142.00 $1,044 -9.40
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
398 398 8 167.00 $167.00 $665 —
468–493 481 6 161.00–165.00 $163.05 $784 —
563–589 576 8 142.00–144.00 $142.98 $824 -15.02
612 612 5 142.00 $142.00 $869 -5.00
613 613 8 131.00 $131.00 $803 -16.00
670–683 674 17 143.00–143.25 $143.18 $965 -10.55
728 728 14 134.00 $134.00 $976 —
788 788 25 127.75 $127.75 $1,007 -10.75
911 911 5 123.00 $123.00 $1,121 -1.75
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
434 434 4 160.00 $160.00 $694 -14.93
495–498 496 25 145.00–157.00 $151.70 $752 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
614 614 5 144.00 $144.00 $884 —
Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
596 596 4 140.00 $140.00 $834 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
339 339 4 151.00 $151.00 $512 -21.50
387 387 6 158.00 $158.00 $611 -6.32
404 404 13 150.00–151.00 $150.31 $607 -14.53
467–489 477 27 146.00–160.00 $152.05 $725 -10.90
493 493 4 140.00 $140.00 $690 -22.95
510 510 2 144.00 $144.00 $734 +1.00
553 553 13 141.50 $141.50 $782 -2.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
508–510 509 9 135.00–139.00 $136.34 $694 -10.94
578 578 6 130.00 $130.00 $751 -14.75
610–641 622 25 124.00–129.00 $127.78 $795 -14.35
732 732 19 125.00 $125.00 $915 -8.49
765 765 3 115.00 $115.00 $880 -2.62
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
344 344 4 141.00 $141.00 $485 -18.46
395 395 3 145.00 $145.00 $573 -9.02
413 413 2 138.00 $138.00 $570 -9.00
496 496 13 135.00 $135.00 $670 —
554–576 564 9 128.00–129.00 $128.45 $724 -4.55
662 662 3 105.00 $105.00 $695 —
668 668 6 116.50 $116.50 $778 —

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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.