Cattle Market Pulse

F and T Livestock Market Feeder/Replacement Cattle Market Report

Palmyra, Missouri · USDA-reported Auction Livestock

Sale of Tuesday, July 11, 2023

875 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 heifers $231.19/cwt ≈ $1,796/hd at 777 lb · 121 head
heavy 6-weight M&L 1 steers $259.82/cwt +9.43 vs last sale · ≈ $1,728/hd at 665 lb · 50 head
heavy 6-weight M&L 1-2 heifers $224.07/cwt ≈ $1,489/hd at 664 lb · 46 head
HeadThis saleLast saleLast year
Total receipts 875 965 762
Feeder cattle 875 965 762

Compared to the last tested auction from three weeks ago, feeder steers and heifers 5.00-10.00 higher. Excellent market for producers to sell into as area conditions remain dry and pastures very short. 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
438 438 2 295.00 $295.00 $1,292 +8.65
451–460 456 23 295.00–311.00 $305.76 $1,394 +30.76
504 value added 504 6 283.50 $283.50 $1,429 +6.22
507–508 508 8 278.00–281.00 $279.88 $1,422 +8.06
571 571 4 253.00 $253.00 $1,445 -14.18
573–588 579 15 269.50–276.00 $272.58 $1,578 +5.40
621 621 11 246.00 $246.00 $1,528 -8.09
634 634 4 267.00 $267.00 $1,693 +12.91
654 value added 654 36 274.50 $274.50 $1,795 +22.75
690–695 694 14 221.00–226.00 $222.07 $1,541
726 726 7 244.00 $244.00 $1,771 +2.00
742–743 value added 743 36 240.00–248.00 $246.45 $1,831 +16.95
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
448 448 6 284.00 $284.00 $1,272
549 549 4 266.00 $266.00 $1,460
569–571 value added 570 21 270.50–273.00 $271.81 $1,549
621 621 5 255.00 $255.00 $1,584

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
355 355 3 253.00 $253.00 $898
405–433 413 18 252.00–260.00 $257.67 $1,064
480–483 482 8 242.00–248.00 $243.49 $1,174 -2.63
508 value added 508 10 251.50 $251.50 $1,278 +8.50
506–525 515 13 248.50–254.00 $251.09 $1,293 +10.09
560–568 564 11 244.00–248.50 $246.44 $1,390 +16.44
601 601 4 246.00 $246.00 $1,478
665 665 5 229.50 $229.50 $1,526 +7.37
672 672 13 211.00 $211.00 $1,418 -11.13
773–782 777 121 229.25–233.50 $231.19 $1,796
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
508 thin fleshed 508 11 253.00 $253.00 $1,285
572–590 value added 578 21 234.00–250.00 $244.56 $1,414 +10.56
610 610 11 227.00 $227.00 $1,385 +2.09
636 thin fleshed 636 6 235.00 $235.00 $1,495
660 660 12 227.00 $227.00 $1,498
659–670 666 34 220.00–228.00 $223.03 $1,485

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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.