Cattle Market Pulse

F and T Livestock Market Feeder/Replacement Cattle Market Report

Palmyra, Missouri · USDA-reported Auction Livestock

Sale of Tuesday, August 15, 2023

1,025 head sold ·Official USDA report

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

light 7-weight M&L 1 steers $274.53/cwt +16.03 vs last sale · ≈ $1,976/hd at 720 lb · 102 head
heavy 8-weight M&L 1 steers $234.90/cwt +4.90 vs last sale · ≈ $2,045/hd at 870 lb · 84 head
heavy 7-weight M&L 1 steers $258.22/cwt +5.58 vs last sale · ≈ $1,988/hd at 770 lb · 83 head
HeadThis saleLast saleLast year
Total receipts 1,025 621 400
Feeder cattle 1,025 621 400

Compared to the last tested auction from three weeks ago, all weights of steers and the feeder heifers under 650 lbs traded with a sharply higher undertone. Few comparisons for the feeder heifers over 650 lbs. Excellent late summer prices for the producers that have calves or yearlings they may want to market. The last two weeks have brought some nice rains across the local area with pastures turning green again and easing the need for supplemental feeding at least for a while.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
375 value added 375 2 341.00 $341.00 $1,279
375 375 3 327.50 $327.50 $1,228
458–494 471 11 313.00–316.00 $314.14 $1,480
498 value added 498 2 315.00 $315.00 $1,569
540 value added 540 2 328.00 $328.00 $1,771 +23.00
579 579 15 298.00 $298.00 $1,725
596 value added 596 9 287.00 $287.00 $1,711 +8.00
608 608 7 299.00 $299.00 $1,818
618 618 5 283.00 $283.00 $1,749
655–682 value added 673 14 279.00–291.00 $283.59 $1,909 +32.66
678 678 10 303.00 $303.00 $2,054 +62.00
679 679 4 262.00 $262.00 $1,779 +21.00
705–740 value added 709 55 267.00–285.00 $282.61 $2,004
723–735 726 19 260.00 $260.00 $1,888 +1.50
737 737 28 268.50 $268.50 $1,979 +10.00
760–772 770 83 256.00–285.00 $258.22 $1,988 +4.22
811 811 9 220.00 $220.00 $1,784
867–883 869 73 223.00–240.50 $237.82 $2,067 +7.82
880 880 11 215.50 $215.50 $1,896 -14.50
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
503 503 13 300.00 $300.00 $1,509
572 value added 572 6 293.00 $293.00 $1,676
623–645 630 16 268.00–280.00 $276.16 $1,740 +30.84
698 698 9 297.00 $297.00 $2,073 +50.35
705 705 4 252.00 $252.00 $1,777
820 820 13 246.00 $246.00 $2,017
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
411 411 7 307.00 $307.00 $1,262
503–518 512 10 251.00–279.00 $262.00 $1,341
563–595 583 13 246.00–269.00 $254.55 $1,484

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
483–490 486 10 282.00–292.00 $287.97 $1,400
551–568 555 22 265.00–270.00 $268.16 $1,488
621 value added 621 7 263.00 $263.00 $1,633
611–645 632 18 256.50–258.00 $257.44 $1,627 +12.44
665 665 16 249.00 $249.00 $1,656 +13.00
683–690 685 51 242.50–245.00 $242.82 $1,663 +6.82
700 value added 700 6 264.00 $264.00 $1,848
741–743 742 43 231.00–236.50 $235.10 $1,744
755 755 53 238.50 $238.50 $1,801
826 826 64 235.25 $235.25 $1,943
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
337 337 3 296.00 $296.00 $998
343 value added 343 3 297.00 $297.00 $1,019
372–375 374 7 288.00–291.00 $289.28 $1,082
561 561 6 272.00 $272.00 $1,526 +8.50
565 565 4 271.00 $271.00 $1,531 +7.50
605–633 value added 616 10 259.00–261.00 $259.82 $1,600 +2.82
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
301 301 7 274.00 $274.00 $825
361 361 4 272.00 $272.00 $982
449 449 7 284.00 $284.00 $1,275
544 544 6 269.00 $269.00 $1,463
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
548 548 13 260.00 $260.00 $1,425
687 687 5 246.00 $246.00 $1,690

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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.