Cattle Market Pulse

F and T Livestock Market Feeder/Replacement Cattle Market Report

Palmyra, Missouri · USDA-reported Auction Livestock

Sale of Monday, May 16, 2022

1,020 head sold ·Official USDA report

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

light 7-weight M&L 1-2 heifers $150.95/cwt ≈ $1,092/hd at 724 lb · 101 head
light 8-weight M&L 1 steers $156.00/cwt ≈ $1,309/hd at 839 lb · 63 head
heavy 4-weight M&L 1 heifers $178.58/cwt ≈ $834/hd at 467 lb · 56 head
HeadThis saleLast saleLast year
Total receipts 1,020 200 1,015
Feeder cattle 1,020 1,015
Replacement cattle 200

Compared to the last tested auction from two weeks ago, feeder steers traded steady to firm. Feeder heifers under 600 lbs 3.00-5.00 higher, over 600 lbs steady. Feeder cattle continue to sell very well even with record high feed costs. A nice run of cattle for the middle of May considering most farmers in this area can found in a tractor trying to get as much field work done as possible before the next rain. Demand was good and supply moderate.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
323–330 327 4 207.00–208.00 $207.49 $678
365–398 378 5 205.00 $205.00 $775
406 406 5 212.00 $212.00 $861
411–443 value added 418 13 197.00–207.00 $204.56 $855
474 value added 474 6 207.00 $207.00 $981
504–537 518 12 194.00–199.00 $197.67 $1,024
523–548 value added 540 9 200.00 $200.00 $1,080
550–581 573 35 189.00–195.00 $193.54 $1,109
567–599 value added 573 21 194.00 $194.00 $1,112
628–645 639 22 175.00–187.00 $179.52 $1,147
658–675 672 13 173.00–174.00 $173.15 $1,164
673–679 value added 677 20 172.00–176.00 $174.61 $1,182
700–706 703 21 159.00–170.75 $165.13 $1,161
839 839 63 156.00 $156.00 $1,309
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
459 value added 459 9 169.50 $169.50 $778
475 475 7 182.00 $182.00 $864
516 unweaned 516 16 163.50 $163.50 $844
Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
635 635 10 185.50 $185.50 $1,178
701 701 11 156.00 $156.00 $1,094
Small 2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
449 449 9 136.00 $136.00 $611
557 557 5 127.00 $127.00 $707
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
538 value added 538 9 199.00 $199.00 $1,071
574 value added 574 4 189.00 $189.00 $1,085
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
645 645 5 152.00 $152.00 $980
666 value added 666 5 170.00 $170.00 $1,132

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
547 547 5 159.00 $159.00 $870
552–596 value added 563 16 158.00–159.00 $158.26 $891
606 606 4 148.00 $148.00 $897
624–628 626 21 142.00–148.00 $145.23 $909
666 666 18 156.50 $156.50 $1,042
678 value added 678 13 149.00 $149.00 $1,010
719–725 723 96 151.00–153.50 $151.65 $1,096
734 734 5 137.50 $137.50 $1,009
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
328 328 5 172.00 $172.00 $564
344 value added 344 7 174.00 $174.00 $599
463 value added 463 18 181.00 $181.00 $838
451–489 467 34 177.00–181.00 $179.37 $838
488 unweaned 488 4 161.00 $161.00 $786
501–521 513 22 161.50–169.00 $166.31 $853
571 571 5 155.00 $155.00 $885
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
280–296 288 8 164.00–171.00 $167.40 $482
490 unweaned 490 4 158.00 $158.00 $774
526 526 7 155.00 $155.00 $815
579 579 8 148.00 $148.00 $857
615–624 621 8 138.00–146.00 $143.03 $888
Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
598 598 7 150.00 $150.00 $897
667 667 15 141.00 $141.00 $940
Medium 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
586 586 9 141.50 $141.50 $829

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
421 421 4 172.00 $172.00 $724
519–536 530 14 157.00–165.00 $162.20 $860
644 644 6 144.00 $144.00 $927

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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.