Cattle Market Pulse

F and T Livestock Market Feeder/Replacement Cattle Market Report, Palmyra, MO

Palmyra, Missouri · USDA-reported Auction Livestock

Sale of Tuesday, January 17, 2023

852 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 steers $176.23/cwt +5.74 vs last sale · ≈ $1,276/hd at 724 lb · 137 head
heavy 6-weight M&L 1-2 heifers $171.24/cwt +12.68 vs last sale · ≈ $1,180/hd at 689 lb · 90 head
heavy 6-weight M&L 1-2 steers $174.25/cwt -1.67 vs last sale · ≈ $1,216/hd at 698 lb · 68 head
HeadThis saleLast saleLast year
Total receipts 852 1,446 1,337
Feeder cattle 852 1,446 1,337

Compared to the auction from last week, feeder steers and heifers under 600 lbs firm to 10.00 higher, over 600 lbs steady. The most advance coming on the five weight steers. Grain prices moving higher after last weeks bullish USDA report, cattle futures prices drifting lower, and packers reluctant to pay higher money for finished cattle, all combining to keep a lid on the yearling market. Demand moderate to 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
247 247 3 223.00 $223.00 $551 —
335 335 2 229.00 $229.00 $767 —
350 350 10 225.00 $225.00 $788 +1.38
411–424 419 18 215.00 $215.00 $901 —
450–496 value added 473 11 218.00–226.00 $220.98 $1,045 +6.68
480–483 481 13 210.00–227.00 $221.75 $1,067 +3.75
518–526 value added 522 8 215.00 $215.00 $1,122 +9.94
527 527 3 192.00 $192.00 $1,012 —
510–548 528 32 213.00–223.00 $218.13 $1,152 —
601 601 4 170.00 $170.00 $1,022 -15.73
605 value added 605 5 188.00 $188.00 $1,137 +0.06
708–740 724 137 174.75–177.75 $176.23 $1,276 —
824 824 5 163.50 $163.50 $1,347 -9.50
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
545 545 2 201.00 $201.00 $1,095 —
611 611 5 187.00 $187.00 $1,143 —
698 698 68 174.25 $174.25 $1,216 +5.25
792 792 9 164.50 $164.50 $1,303 —
837–846 840 19 160.00–164.50 $161.67 $1,358 +1.67
971 971 6 152.00 $152.00 $1,476 —
Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
653 653 6 169.50 $169.50 $1,107 —

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
541 value added 541 4 176.50 $176.50 $955 —
557 557 3 177.50 $177.50 $989 +5.30
594 value added 594 5 166.00 $166.00 $986 —
659–699 689 90 168.00–172.25 $171.24 $1,180 +10.24
890 890 13 148.00 $148.00 $1,317 -14.00
1043 1043 13 138.00 $138.00 $1,439 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
230 230 5 205.00 $205.00 $472 —
315 value added 315 2 196.00 $196.00 $617 —
338 338 11 198.00 $198.00 $669 —
414–415 414 19 188.00–196.50 $194.71 $806 +14.71
433 value added 433 3 189.00 $189.00 $818 +2.00
475–476 476 29 184.00–184.25 $184.19 $877 +6.09
514 514 13 185.00 $185.00 $951 +2.96
556 556 6 180.50 $180.50 $1,004 —
569 value added 569 4 181.50 $181.50 $1,033 +4.00
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
245 245 3 198.00 $198.00 $485 —
575 575 5 146.00 $146.00 $840 —

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
495 495 5 176.00 $176.00 $871 —

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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.