Cattle Market Pulse

F and T Livestock Market Feeder/Replacement Cattle Market Report

Palmyra, Missouri · USDA-reported Auction Livestock

Sale of Monday, August 23, 2021

585 head sold ·Official USDA report

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

heavy 7-weight M&L 1 steers $160.78/cwt ≈ $1,236/hd at 769 lb · 54 head
light 6-weight M&L 1 steers $172.60/cwt ≈ $1,061/hd at 615 lb · 47 head
light 7-weight M&L 1 steers $168.15/cwt ≈ $1,243/hd at 739 lb · 43 head
HeadThis saleLast saleLast year
Total receipts 585 457 936
Feeder cattle 585 446 936
Replacement cattle 11

Compared to the last tested auction from two weeks ago, feeder steers 5.00-10.00 higher with feeder heifers steady to 3.00 higher on limited comparisons. Cattle futures were once again sharply higher on Monday and buyers were more aggressive in gathering cattle than they have been all summer long at the market. Demand was good on a light supply.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
312 312 3 212.50 $212.50 $663
423 423 2 197.50 $197.50 $835
492 492 10 197.00 $197.00 $969
502 502 10 187.00–192.00 $189.50 $951
560 560 10 179.00 $179.00 $1,002
603–647 615 47 168.00–176.00 $172.60 $1,061
651–694 683 30 168.00 $168.00 $1,147
738–739 739 43 167.50–168.25 $168.15 $1,243
753–772 769 54 160.00–167.00 $160.78 $1,236
825 825 6 155.00 $155.00 $1,279
916 916 9 137.00 $137.00 $1,255
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
555 555 2 173.00 $173.00 $960 -8.00
634 634 6 161.00 $161.00 $1,021
660–696 677 26 158.00–168.00 $163.12 $1,104 +6.12
743 743 10 153.00 $153.00 $1,137
753 753 8 156.00 $156.00 $1,175
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
518 518 4 172.50 $172.50 $894 -6.50

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
521–545 528 13 150.00–155.00 $151.59 $800 -4.41
579 579 4 155.00 $155.00 $897 +9.00
603–645 628 26 145.00–152.50 $149.91 $941
664–672 670 16 146.00–147.50 $146.46 $981 +1.51
727–743 734 9 139.50–142.25 $140.74 $1,033 -1.70
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
541 541 6 164.00 $164.00 $887
553 553 2 158.00 $158.00 $874
615 615 3 157.00 $157.00 $966
766 766 32 150.00 $150.00 $1,149
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
500 500 5 151.00 $151.00 $755 +9.00
574 574 8 147.00 $147.00 $844
636–649 645 14 135.50–140.00 $136.77 $882
663 663 6 132.00 $132.00 $875 -4.00

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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.