Cattle Market Pulse

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

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
375 375 3 327.50 $327.50 $1,228 —
375 value added 375 2 341.00 $341.00 $1,279 —
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 —

↑ Back to top

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 —

↑ Back to top

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.