Cattle Market Pulse

F and T Livestock Market Feeder/Replacement Cattle Market Report

Palmyra, Missouri · USDA-reported Auction Livestock

Sale of Tuesday, April 18, 2023

876 head sold ·Official USDA report

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

heavy 7-weight M&L 1-2 heifers $190.00/cwt ≈ $1,440/hd at 758 lb · 70 head
light 7-weight M&L 1-2 heifers $193.50/cwt ≈ $1,401/hd at 724 lb · 56 head
heavy 6-weight M&L 1 steers $224.19/cwt ≈ $1,527/hd at 681 lb · 46 head
HeadThis saleLast saleLast year
Total receipts 876 333 0
Feeder cattle 876 123 0
Replacement cattle 210

Compared to the last feeder special from two weeks ago, feeder steers and heifers under 600 lbs sold sharply higher as the prices for calves played leap frog to catch up with the higher money paid around the circuit on a daily basis since the last test. Weights over 600 lbs were 2.00-8.00 higher on a lighter test. Unlike almost any other ag commodity right now, beef prices seem to have an unlimited up side. Fed cattle are trading for record money, Choice carcasses blew past 300/cwt, and feeders would be at record highs as well if feed costs were not so expensive. Demand was very good and supply light to moderate.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
357 unweaned 357 3 237.00 $237.00 $846
398 value added 398 6 277.00 $277.00 $1,102
407–423 value added 414 28 275.00–300.00 $294.35 $1,219
415–427 425 11 264.00–267.00 $266.47 $1,132 +10.47
438 unweaned 438 4 239.00 $239.00 $1,047
450–495 value added 469 20 264.00–291.00 $276.02 $1,295
472 472 6 265.00–269.00 $267.00 $1,260 +34.00
505–539 value added 527 26 271.00–285.00 $280.61 $1,479
540 540 10 283.50 $283.50 $1,531
552–570 558 21 256.00–275.00 $268.53 $1,498
552–596 value added 572 20 255.00–276.00 $266.13 $1,522
668–681 675 7 216.00–235.00 $224.05 $1,512
681–697 value added 682 39 221.00–224.50 $224.22 $1,529
727–743 value added 738 18 205.50–217.00 $209.28 $1,544
777 777 3 217.00 $217.00 $1,686
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
503 value added 503 3 267.00 $267.00 $1,343
513–526 517 14 236.00–245.00 $238.62 $1,234
579–593 value added 587 12 241.00–243.00 $241.82 $1,419
638–649 value added 645 12 230.00 $230.00 $1,484
661 value added 661 19 221.50 $221.50 $1,464
Small 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
804 804 8 157.00 $157.00 $1,262
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
388 388 4 250.00 $250.00 $970
568 568 3 237.00 $237.00 $1,346

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
382–395 388 15 220.00–229.00 $224.28 $870
593 593 7 205.00 $205.00 $1,216
624 624 17 193.50 $193.50 $1,207
649 value added 649 4 198.00 $198.00 $1,285
665 665 3 188.00 $188.00 $1,250
724 value added 724 56 193.50 $193.50 $1,401
758 value added 758 70 190.00 $190.00 $1,440
814 value added 814 7 176.00 $176.00 $1,433
837 837 5 167.00 $167.00 $1,398
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
433 unweaned 433 4 200.00 $200.00 $866 +10.00
436 436 8 225.00 $225.00 $981
415–443 value added 438 21 233.00–242.00 $238.23 $1,043
503 503 5 227.00 $227.00 $1,142
505–529 value added 521 31 220.00–238.00 $231.41 $1,206
563 value added 563 5 234.00 $234.00 $1,317
571 571 10 226.00 $226.00 $1,290
635 635 4 205.00 $205.00 $1,302
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
296 296 4 229.00 $229.00 $678
305–318 312 4 211.00–212.00 $211.49 $660
418–433 427 5 216.00–224.00 $219.13 $936
477 477 3 225.00 $225.00 $1,073

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
315 315 5 249.00 $249.00 $784
363 363 3 249.00 $249.00 $904
423 423 10 241.00 $241.00 $1,019

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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.