Cattle Market Pulse

F and T Livestock Market Feeder/Replacement Cattle Market Report

Palmyra, Missouri · USDA-reported Auction Livestock

Sale of Tuesday, February 21, 2023

1,052 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 $183.00/cwt +11.60 vs last sale · ≈ $1,363/hd at 745 lb · 71 head
heavy 7-weight M&L 1-2 heifers $189.50/cwt +38.18 vs last sale · ≈ $1,461/hd at 771 lb · 70 head
light 5-weight M&L 1 steers $230.29/cwt +5.77 vs last sale · ≈ $1,204/hd at 523 lb · 52 head
HeadThis saleLast saleLast year
Total receipts 1,052 1,598 1,037
Feeder cattle 1,052 1,598 1,037

Compared to the last tested feeder auction from two weeks ago, feeder steers and heifers traded steady to 5.00 higher, with instances up to 10.00 higher, especially on yearling heifers. Certainly the highlight of the day was the final load from a brother partnership that has been in the cattle business all of their lives, and are now turning the operation over to a younger generation. With many of their family members in attendance, their last load of 771 pounders scorched the yearling heifer market at 189.50 and was capped off with an enthusiastic round of applause. Demand was good to very good and the 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
405 405 5 237.00 $237.00 $960 +6.32
436 value added 436 7 260.00 $260.00 $1,134 +25.00
452–495 474 13 225.00–239.00 $231.66 $1,098 +3.42
486 486 4 221.00 $221.00 $1,074 -7.24
500–515 504 14 233.00–237.00 $236.13 $1,190 +11.99
505–547 value added 530 38 222.00–236.00 $228.14 $1,209 +2.82
550–584 571 30 215.00–229.00 $218.39 $1,247 +27.26
589 value added 589 6 219.00 $219.00 $1,290 +11.92
606–620 value added 610 7 200.00–209.00 $206.39 $1,259 +15.12
613 613 3 201.00 $201.00 $1,232 +3.44
654 654 6 200.50 $200.50 $1,311 +20.50
666 value added 666 35 197.50 $197.50 $1,315 +12.38
714 value added 714 24 195.25 $195.25 $1,394 +14.67
765 value added 765 15 185.00 $185.00 $1,415 +9.00
776 776 14 182.50 $182.50 $1,416 +0.95
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
519–527 525 17 216.00 $216.00 $1,134
550–558 value added 554 11 212.00–227.00 $218.76 $1,212 +18.56
553–588 562 8 214.00 $214.00 $1,203 +16.82
628 628 12 192.50 $192.50 $1,209 +3.78
633 value added 633 4 200.00 $200.00 $1,266
669–693 679 7 192.50–193.00 $192.78 $1,309 +12.92
704–716 711 10 174.00–182.50 $177.37 $1,261 +2.37
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
348 348 6 227.00 $227.00 $790 +14.50
393 393 4 221.00 $221.00 $869
418–433 428 6 217.00–223.00 $221.05 $946 +18.71
493 493 3 195.00 $195.00 $961
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
583 583 6 201.00 $201.00 $1,172

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
392 value added 392 3 221.00 $221.00 $866
394 394 4 206.00 $206.00 $812
402–439 424 11 201.00–212.00 $206.32 $875 +4.96
468–481 473 26 197.00–204.50 $201.09 $951 +5.29
460–486 value added 475 23 206.00–208.00 $206.83 $982 +3.77
508–545 value added 531 28 189.00–204.00 $195.82 $1,040 +5.09
538 538 11 198.50 $198.50 $1,068 +2.10
555–579 572 24 186.00–201.50 $197.01 $1,127 +15.58
553–599 value added 578 24 184.00–197.00 $190.33 $1,100 -2.67
613–636 value added 625 35 186.00–188.50 $187.31 $1,171 +7.22
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
510 510 8 187.00 $187.00 $954 +12.00
745 745 71 183.00 $183.00 $1,363 +17.04
771 fancy 771 70 189.50 $189.50 $1,461
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
314 314 4 200.00 $200.00 $628
357 357 3 196.00 $196.00 $700 +5.25

↑ Back to top

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
541 541 8 200.00 $200.00 $1,082 +6.75

↑ Back to top

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.