Cattle Market Pulse

F and T Livestock Market Feeder/Replacement Cattle Market Report

Palmyra, Missouri · USDA-reported Auction Livestock

Sale of Tuesday, August 29, 2023

702 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 heifers $254.83/cwt ≈ $1,840/hd at 722 lb · 76 head
heavy 6-weight M&L 1 heifers $254.78/cwt ≈ $1,720/hd at 675 lb · 51 head
light 5-weight M&L 1 heifers $272.88/cwt ≈ $1,414/hd at 518 lb · 37 head
HeadThis saleLast saleLast year
Total receipts 702 1,025 1,003
Feeder cattle 702 1,025 1,003

Compared to two weeks ago, feeders sold steady to firm on a limited test. The supply of feeders was light with much of the offering made up of smaller lots. A highlight was a full load of 724 lb. heifers which sold for 255.75. Demand was moderate. Although the weather was quite pleasant for auction day, last weeks extreme heat had many discussing the effects it had on all ready stressed crops in the area.

New to these tables? Plain-English explainers ↓

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
380 380 6 289.00 $289.00 $1,098
410 410 2 292.00 $292.00 $1,197
463–469 467 11 282.00–289.00 $283.89 $1,326
517–541 531 10 273.00–276.00 $274.37 $1,457 -25.63
562 value added 562 7 283.00 $283.00 $1,590 -10.00
572 unweaned 572 3 255.00 $255.00 $1,459
596 596 4 276.50 $276.50 $1,648
606–647 635 18 259.00–270.00 $262.94 $1,670 -13.22
659–695 671 11 259.00–266.00 $263.85 $1,770 -33.15
705–735 724 12 257.00–260.00 $259.17 $1,876 +7.17
994 994 16 216.50 $216.50 $2,152
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
339 339 7 349.00 $349.00 $1,183
422 422 6 319.00 $319.00 $1,346
465–476 471 16 314.00–321.00 $318.10 $1,498 +3.96
513–541 518 22 292.00–312.00 $307.54 $1,593
574 574 12 297.00 $297.00 $1,705 -1.00
755 755 15 255.00 $255.00 $1,925 -3.22
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
500–508 504 6 252.00–257.00 $254.52 $1,283
550–585 556 6 253.00–257.00 $256.30 $1,425
633 633 2 252.00 $252.00 $1,595

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
345 345 7 304.00 $304.00 $1,049 +8.00
449 449 22 288.00–292.00 $291.09 $1,307
517 value added 517 23 277.00 $277.00 $1,432
503–546 520 14 266.00–266.50 $266.11 $1,384
590 590 2 271.00 $271.00 $1,599 ±0.00
618–643 625 29 254.50–263.00 $260.74 $1,630
660–679 675 51 250.50–257.50 $254.78 $1,720
707–724 722 76 245.50–255.75 $254.83 $1,840
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
388–394 392 12 258.00–273.00 $264.96 $1,039
413–436 423 16 270.00–271.00 $270.45 $1,144
434 value added 434 5 286.00 $286.00 $1,241
481–493 485 14 261.00–266.50 $265.16 $1,286 -22.81
508 508 3 257.00 $257.00 $1,306
550–558 554 4 255.00–256.00 $255.50 $1,415 -12.66
600–648 643 22 239.00–252.50 $251.54 $1,617 -5.90
720–742 731 22 235.00–239.50 $237.83 $1,739 +2.73
816 816 24 230.50 $230.50 $1,881 -4.75
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–348 325 5 264.00–266.00 $265.14 $862
470–490 483 6 232.00–245.00 $237.75 $1,148
548 548 2 237.00 $237.00 $1,299 -23.00
563 563 3 237.00 $237.00 $1,334
678 678 3 232.00 $232.00 $1,573 -14.00
775–797 785 7 220.00–223.00 $221.73 $1,741

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–420 417 21 289.50–298.00 $291.07 $1,214
458 458 9 297.00 $297.00 $1,360
543 543 17 275.50 $275.50 $1,496
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
538–545 542 5 244.00–247.00 $245.81 $1,332
795 795 3 196.00 $196.00 $1,558

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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.