Cattle Market Pulse

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

Palmyra, Missouri · USDA-reported Auction Livestock

Sale of Tuesday, May 16, 2023

1,341 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 $196.09/cwt ≈ $1,492/hd at 761 lb · 101 head
heavy 4-weight M&L 1 heifers $245.80/cwt ≈ $1,162/hd at 473 lb · 64 head
light 9-weight M&L 1 steers $197.00/cwt ≈ $1,824/hd at 926 lb · 56 head
HeadThis saleLast saleLast year
Total receipts 1,341 370 1,020
Feeder cattle 1,341 — 1,020
Replacement cattle — 370 —

Compared to the auction from two weeks ago, feeder steers under 600 lbs traded steady, over 600 lbs 5.00-10.00 higher. Feeder heifers under 650 lbs firm to 5.00 higher, over 650 lbs steady to weak. A nice supply of feeders for this late in spring with a good mix of both calves and yearlings offered. Lower grain prices and a continued strong fed cattle market are fueling higher calf prices nearly every week. 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
368 value added 368 11 280.00 $280.00 $1,030 —
425–444 437 10 276.00–280.00 $277.17 $1,211 —
450–496 value added 468 38 276.00–284.00 $281.71 $1,318 —
493 493 10 286.00 $286.00 $1,410 —
515–525 value added 522 12 279.00–280.00 $279.67 $1,460 —
517–542 529 19 261.00–279.00 $270.26 $1,430 —
550–594 566 44 248.00–270.00 $260.74 $1,476 —
594 594 6 234.00 $234.00 $1,390 —
601 601 6 233.00 $233.00 $1,400 —
600–618 value added 603 11 242.00–247.00 $246.07 $1,484 —
617–634 625 16 233.00–240.50 $236.96 $1,481 —
660–662 662 32 225.00–235.00 $234.38 $1,552 —
683–694 691 13 206.00–214.00 $207.82 $1,436 —
698 value added 698 6 220.00 $220.00 $1,536 —
779 779 29 212.00 $212.00 $1,651 —
801 801 35 208.75 $208.75 $1,672 —
926 926 56 197.00 $197.00 $1,824 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
512 value added 512 15 259.00 $259.00 $1,326 —
646 646 22 227.50 $227.50 $1,470 —
686–688 687 21 219.50 $219.50 $1,508 —
783 783 6 192.00 $192.00 $1,503 —
Medium 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
501 501 9 232.00 $232.00 $1,162 —
602 602 14 213.00 $213.00 $1,282 —
740 740 4 197.00 $197.00 $1,458 —
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
281 281 4 283.00 $283.00 $795 —
337 337 3 271.00 $271.00 $913 —
668 668 4 213.00 $213.00 $1,423 —
797 797 5 180.00 $180.00 $1,435 —
Small 2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
496 496 5 215.00 $215.00 $1,066 —
825 825 6 175.00 $175.00 $1,444 —

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
525 525 17 248.00 $248.00 $1,302 —
526–528 value added 526 19 251.00–258.00 $256.52 $1,349 —
550 550 5 235.00 $235.00 $1,292 —
551–572 value added 560 7 231.00–246.00 $239.43 $1,341 —
566 566 6 230.00 $230.00 $1,302 —
660–668 664 50 192.00–193.50 $192.78 $1,280 —
701 701 11 190.00 $190.00 $1,332 —
754–776 761 101 187.50–200.00 $196.09 $1,492 —
820 820 4 185.00 $185.00 $1,517 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
354 354 4 241.00 $241.00 $853 —
368 value added 368 9 249.00 $249.00 $916 —
404–445 419 11 239.00–249.00 $242.86 $1,018 —
421–442 value added 437 16 254.00–255.00 $254.24 $1,111 —
455–489 value added 465 20 252.00–257.00 $253.58 $1,179 —
455–496 476 44 236.00–248.00 $242.26 $1,153 —
506–540 515 11 233.00–250.00 $245.14 $1,262 —
515–537 value added 525 15 236.00–255.00 $247.51 $1,299 —
565–590 574 10 213.00–234.00 $223.22 $1,281 —
638 638 24 232.50 $232.50 $1,483 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
526–527 527 16 227.00–228.00 $227.31 $1,198 —
582 582 37 197.00 $197.00 $1,147 —
Small 2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
397 397 7 221.00 $221.00 $877 —
438 438 6 207.00 $207.00 $907 —
489 489 6 219.00 $219.00 $1,071 —
515–547 532 11 206.00–215.00 $211.04 $1,123 —

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
544 544 6 218.00 $218.00 $1,186 —
606–640 623 15 198.00–208.00 $202.03 $1,259 —
682 682 5 193.00 $193.00 $1,316 —

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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.