Cattle Market Pulse

F and T Livestock Market Feeder/Replacement Cattle Market Report

Palmyra, Missouri · USDA-reported Auction Livestock

Sale of Tuesday, July 25, 2023

621 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 steers $252.64/cwt ≈ $1,903/hd at 753 lb · 81 head
heavy 8-weight M&L 1 steers $230.00/cwt ≈ $1,962/hd at 853 lb · 60 head
heavy 5-weight M&L 1-2 heifers $238.50/cwt -6.06 vs last sale · ≈ $1,410/hd at 591 lb · 36 head
HeadThis saleLast saleLast year
Total receipts 621 875 416
Feeder cattle 621 875 416

Compared to the last tested auction from two weeks ago, feeder steers and heifers sold firm to 10.00 higher. Another extremely good market for producers to sell into. The local area continues to be in the worst drought in decades. Hay crop was a disaster and now the corn crop is lost. Beef producers can get some salvage value out of silage if they are equipped to harvest and feed.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
462 value added 462 10 288.50 $288.50 $1,333
520 value added 520 6 305.00 $305.00 $1,586 +21.50
593 value added 593 4 279.00 $279.00 $1,654
666 666 5 241.00 $241.00 $1,605 +18.93
661–689 value added 671 23 249.00–252.00 $250.93 $1,684 -23.57
722 722 30 258.50 $258.50 $1,866 +14.50
750 750 71 254.00 $254.00 $1,905
776 value added 776 10 243.00 $243.00 $1,886
853 853 60 230.00 $230.00 $1,962
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
378 378 5 282.00 $282.00 $1,066
460–474 468 9 277.00–281.00 $279.25 $1,307
576 576 10 285.00 $285.00 $1,642
615–628 619 10 249.00–250.00 $249.70 $1,546 -5.30
620–643 627 19 245.00–246.00 $245.32 $1,538 -9.68
669–680 670 26 244.00–247.00 $246.65 $1,653

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
572 572 5 263.50 $263.50 $1,507 +17.06
595–596 value added 596 20 259.00–259.50 $259.22 $1,545
619 619 4 244.00 $244.00 $1,510 -2.00
634 value added 634 13 257.00 $257.00 $1,629
660 660 22 258.00 $258.00 $1,703 +28.50
681 value added 681 4 240.00 $240.00 $1,634
748 value added 748 9 242.50 $242.50 $1,814
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
538 538 6 231.00 $231.00 $1,243
591 591 36 238.50 $238.50 $1,410
608 608 8 245.00 $245.00 $1,490 +18.00
676 676 4 236.00 $236.00 $1,595 +12.97

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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.