Cattle Market Pulse

F and T Livestock Market Feeder/Replacement Cattle Market Report

Palmyra, Missouri · USDA-reported Auction Livestock

Sale of Tuesday, January 31, 2023

873 head sold ·Official USDA report

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

heavy 5-weight M&L 1 steers $203.30/cwt ≈ $1,188/hd at 584 lb · 96 head
heavy 6-weight M&L 1 steers $191.49/cwt ≈ $1,293/hd at 675 lb · 79 head
heavy 5-weight M&L 1 heifers $179.14/cwt ≈ $1,032/hd at 576 lb · 73 head
HeadThis saleLast saleLast year
Total receipts 873 314 551
Feeder cattle 873 224 551
Replacement cattle 90

Compared to the last tested feeder sale from two weeks ago, feeder steers and heifers traded firm to 5.00 higher. Quality was attractive with several fancy strings offered throughout the day. Feeder cattle futures continue to roar higher with many thinking even higher prices are coming in the months ahead. 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
467–478 value added 471 9 220.00 $220.00 $1,036
488 488 4 215.00 $215.00 $1,049
520–548 533 19 205.00–213.00 $210.06 $1,120
535 value added 535 14 216.00 $216.00 $1,156
581 581 4 191.00 $191.00 $1,110
572–593 value added 583 54 196.00–208.50 $205.46 $1,198
572–591 587 38 194.00–205.00 $201.53 $1,183
607 value added 607 3 194.00 $194.00 $1,178
620–621 621 30 195.00–196.50 $196.30 $1,219
653–695 value added 675 70 190.25–192.75 $191.47 $1,292
657–689 678 9 190.50–194.00 $191.63 $1,299
705 705 36 191.00 $191.00 $1,347
703–749 value added 727 23 179.50–184.00 $181.74 $1,321
761 761 10 178.00 $178.00 $1,355
811–848 value added 829 13 161.00–176.00 $170.89 $1,417
856 value added 856 5 163.00 $163.00 $1,395
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
696 696 11 175.00 $175.00 $1,218 +4.00
780 780 4 173.00 $173.00 $1,349

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
373–386 383 8 195.00–201.00 $196.46 $752
428 value added 428 5 196.00 $196.00 $839
441 441 5 194.00 $194.00 $856
456–498 468 19 186.00–192.00 $190.03 $889
501–532 515 25 184.50–185.00 $184.77 $952
527–548 value added 535 38 181.50–186.00 $184.09 $985
560–578 value added 567 27 177.00–178.75 $178.09 $1,010
561–598 581 46 177.50–181.00 $179.76 $1,044
608 value added 608 5 174.50 $174.50 $1,061
639 639 13 178.00 $178.00 $1,137
663 value added 663 27 175.00 $175.00 $1,160
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
386 386 5 197.00 $197.00 $760 +12.50
568 568 8 162.00 $162.00 $920
561–579 572 12 173.00–173.50 $173.30 $991
624 624 4 167.00 $167.00 $1,042 +4.00
690 value added 690 2 164.00 $164.00 $1,132
784 784 7 161.00 $161.00 $1,262 +1.00
854 854 17 155.25 $155.25 $1,326
866 866 7 150.00 $150.00 $1,299
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
494 494 4 172.00 $172.00 $850 +4.00

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
313 313 2 208.00 $208.00 $651
380 380 3 213.00 $213.00 $809

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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.