Cattle Market Pulse

F and T Livestock Market Feeder/Replacement Cattle Market Report

Palmyra, Missouri · USDA-reported Auction Livestock

Sale of Tuesday, March 21, 2023

1,450 head sold ·Official USDA report

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

heavy 6-weight M&L 1-2 heifers $194.23/cwt ≈ $1,297/hd at 668 lb · 86 head
heavy 5-weight M&L 1-2 heifers $195.17/cwt ≈ $1,136/hd at 582 lb · 62 head
light 8-weight M&L 1 steers $180.21/cwt ≈ $1,503/hd at 834 lb · 60 head
HeadThis saleLast saleLast year
Total receipts 1,450 210 933
Feeder cattle 1,450 933
Replacement cattle 210

Compared to the last tested market from two weeks ago, feeder steers traded steady except for 500-600 lbs which sold 5.00-8.00 higher. Heifer calves under 500 lbs steady, with 500-725 lb heifers steady to 5.00 higher. A good mix of calves and yearlings offered with the best demand on the middle weight calves that will work well for grazing. Demand 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
380 value added 380 13 256.00 $256.00 $973
380–382 382 10 241.00–255.00 $243.79 $931
418 value added 418 6 264.00 $264.00 $1,104
468–490 477 17 239.00–252.00 $242.84 $1,158
476–494 value added 491 27 247.00–256.00 $248.62 $1,221
505–542 521 31 233.00–246.00 $237.22 $1,236
516–526 value added 522 19 240.00–246.00 $242.61 $1,266
575 575 3 215.00 $215.00 $1,236
552–584 578 21 223.00–237.00 $226.34 $1,308
558–599 value added 585 15 223.00–225.00 $224.36 $1,313
612 fancy 612 6 227.00 $227.00 $1,389
615–645 623 23 209.00–213.50 $211.78 $1,319
623–639 value added 628 12 214.00–220.00 $217.97 $1,369
657 value added 657 8 219.50 $219.50 $1,442
658–691 683 22 207.00–212.00 $208.93 $1,427
710–724 719 20 195.00–202.50 $199.14 $1,432
735 thin fleshed 735 6 207.00 $207.00 $1,521
744 value added 744 12 190.00 $190.00 $1,414
778 778 6 184.00 $184.00 $1,432
824–848 834 60 178.50–188.00 $180.21 $1,503
897 897 3 177.50 $177.50 $1,592
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
501 value added 501 8 242.00 $242.00 $1,212
523–526 525 9 224.00–226.00 $224.44 $1,178
593 593 2 211.00 $211.00 $1,251
602–638 value added 626 26 201.00–206.00 $202.69 $1,269
649 649 15 205.50–209.50 $207.63 $1,348
650 value added 650 31 204.50 $204.50 $1,329
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325–338 330 5 232.00–248.00 $238.55 $787
395 395 2 231.00 $231.00 $912
576 576 8 206.00 $206.00 $1,187
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
578–583 582 15 191.00–194.00 $191.79 $1,116

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
513–546 534 8 196.50–200.00 $197.76 $1,056
571–574 573 15 190.00–198.00 $195.87 $1,122
560–593 579 17 188.00–196.00 $191.18 $1,107
587–590 value added 588 30 193.00–199.00 $197.08 $1,159
603 603 3 200.00 $200.00 $1,206
623 623 6 184.00 $184.00 $1,146
643 value added 643 34 201.50 $201.50 $1,296
660–699 668 86 181.00–196.75 $194.23 $1,297
711–722 717 52 181.00–184.50 $182.81 $1,311
809 809 44 177.50 $177.50 $1,436
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300 value added 300 2 233.00 $233.00 $699
418–444 435 20 211.00–226.00 $215.34 $937
457–458 458 6 216.00–219.00 $217.50 $996
454–478 value added 468 36 216.00–230.00 $223.13 $1,044
526 value added 526 5 216.00 $216.00 $1,136
509–542 534 33 202.00–210.00 $207.31 $1,107
560 560 10 204.00 $204.00 $1,142
621 621 8 188.00 $188.00 $1,167
643 643 12 190.00 $190.00 $1,222
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
588 588 7 189.00 $189.00 $1,111
662–699 685 23 178.50–184.00 $181.92 $1,246
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
379 379 7 211.00 $211.00 $800
489–498 491 11 188.00–204.00 $199.58 $980

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
428 428 4 229.00 $229.00 $980
552 552 3 196.00 $196.00 $1,082

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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.