Cattle Market Pulse

F and T Livestock Market Feeder/Replacement Cattle Market Report

Palmyra, Missouri · USDA-reported Auction Livestock

Sale of Tuesday, June 6, 2023

1,285 head sold ·Official USDA report

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

light 8-weight M&L 1 steers $218.00/cwt +9.25 vs last sale · ≈ $1,783/hd at 818 lb · 62 head
light 5-weight M&L 1 steers $279.98/cwt +6.08 vs last sale · ≈ $1,479/hd at 528 lb · 53 head
heavy 6-weight M&L 1 steers $240.01/cwt +14.09 vs last sale · ≈ $1,627/hd at 678 lb · 44 head
HeadThis saleLast saleLast year
Total receipts 1,285 1,341 1,308
Feeder cattle 1,285 1,341 1,308

Compared to the last tested market from three weeks ago, feeder steers and heifers traded firm to 10.00 higher, with instances up to 20.00 higher on weights under 500 lbs. The feeder market continues its march higher, supported by the record high slaughter prices. It is incredible that the local producers that need to liquidate because of the worsening drought can sell into such a phenomenal market. Demand was good to very good and supply moderate to heavy.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
361–395 370 8 291.00–302.00 $299.06 $1,107
415–449 value added 429 14 288.00–300.00 $294.55 $1,264
435–438 438 18 289.00–293.00 $289.44 $1,268 +12.27
456 456 8 282.00 $282.00 $1,286
492 value added 492 24 276.00 $276.00 $1,358 -5.71
511 511 4 257.00 $257.00 $1,313 -13.26
512 value added 512 3 281.00 $281.00 $1,439 +1.33
522–547 531 46 272.00–287.50 $281.91 $1,497 +11.65
568–593 581 21 264.00–277.00 $269.20 $1,564 +35.20
593 value added 593 5 261.00 $261.00 $1,548
600–633 625 40 243.50–265.00 $251.20 $1,570 +14.24
661–696 678 44 229.00–244.50 $240.01 $1,627 +32.19
740 740 20 230.00 $230.00 $1,702
761 761 17 228.50 $228.50 $1,739 +16.50
818 818 62 218.00 $218.00 $1,783 +9.25
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
561 value added 561 17 262.00 $262.00 $1,470
562–594 583 9 262.00–277.00 $266.82 $1,556
622 value added 622 8 233.00 $233.00 $1,449
653–676 668 28 225.00–227.00 $225.84 $1,509 +6.34
754 value added 754 14 214.00 $214.00 $1,614
787 787 5 219.50 $219.50 $1,727 +27.50
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
402 402 6 261.00 $261.00 $1,049
475–497 481 21 264.00–268.00 $266.54 $1,282
509 509 8 244.00 $244.00 $1,242
551 551 4 235.00 $235.00 $1,295
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
567 value added 567 17 251.00 $251.00 $1,423

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
333 333 6 275.00 $275.00 $916
418 value added 418 3 255.00 $255.00 $1,066 +0.76
423–445 431 16 255.00–277.00 $269.74 $1,163 +26.88
462–476 468 20 251.50–274.00 $262.48 $1,228 +20.22
501 501 16 271.50 $271.50 $1,360 +26.36
508 value added 508 9 267.00 $267.00 $1,356 +19.49
556–590 572 26 240.00–259.50 $250.39 $1,432 +27.17
614 614 9 232.00 $232.00 $1,424 -0.50
684 684 7 224.00 $224.00 $1,532
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
538 538 4 258.00 $258.00 $1,388 +10.00
582 582 3 239.00 $239.00 $1,391 +9.00
601 601 5 225.00 $225.00 $1,352
618–622 620 13 227.00–228.00 $227.61 $1,411
663 663 5 207.00 $207.00 $1,372 +14.22
663–696 673 16 199.00–215.00 $209.83 $1,412 +17.05
726 value added 726 19 192.00 $192.00 $1,394
711–735 727 19 195.00–211.00 $206.06 $1,498 +16.06
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
384 384 4 259.00 $259.00 $995
430–436 433 18 244.00–268.00 $259.00 $1,121
471 471 7 227.00 $227.00 $1,069
Small 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
525 525 8 230.00 $230.00 $1,208
Medium 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
453 453 5 239.00 $239.00 $1,083

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
415 415 11 261.00 $261.00 $1,083
509 509 5 212.00 $212.00 $1,079 -6.00
613 613 6 190.00 $190.00 $1,165 -12.03

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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.