Cattle Market Pulse

F and T Livestock Market Feeder/Replacement Cattle Market Report

Palmyra, Missouri · USDA-reported Auction Livestock

Sale of Tuesday, September 26, 2023

538 head sold ·Official USDA report

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

light 8-weight M&L 1-2 steers $235.00/cwt ≈ $1,967/hd at 837 lb · 58 head
heavy 4-weight M&L 1 steers $304.85/cwt -26.63 vs last sale · ≈ $1,439/hd at 472 lb · 36 head
heavy 4-weight M&L 1 heifers $263.74/cwt -8.33 vs last sale · ≈ $1,269/hd at 481 lb · 28 head
HeadThis saleLast saleLast year
Total receipts 538 1,167 1,277
Feeder cattle 538 1,167 1,277

Compared to the auction from two weeks ago, mostly small packages of calves offered with a lower undertone noted. Too few yearling cattle for a good comparison. Several unweaned and/or unvaccinated calves starting to show up, and we are entering the season when these cattle will start seeing bigger discounts compared to their counterparts that have had a complete health program. Demand was moderate to good and supply light.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320 unweaned 320 3 311.00 $311.00 $995
358 value added 358 3 328.00 $328.00 $1,174 -31.60
370–378 377 10 315.00–325.00 $322.42 $1,216 -16.58
380 unweaned 380 2 315.00 $315.00 $1,197
417–436 value added 424 16 315.00–327.00 $321.73 $1,364
440 440 4 309.00 $309.00 $1,360
453–478 unweaned 468 16 269.00–300.00 $290.79 $1,361
470 value added 470 2 303.00 $303.00 $1,424 -31.03
461–491 476 18 299.00–324.00 $317.56 $1,512 -5.10
512 512 3 306.00 $306.00 $1,567 -8.00
522–525 value added 523 7 304.00–309.00 $307.57 $1,609 -7.77
563 563 5 283.50 $283.50 $1,596
687 value added 687 17 265.00 $265.00 $1,821
783 783 3 242.00 $242.00 $1,895
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
557 557 6 296.00 $296.00 $1,649 +11.50
603 603 2 271.50 $271.50 $1,637
837 837 58 235.00 $235.00 $1,967
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
508 unweaned 508 6 233.00 $233.00 $1,184

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
355–392 371 7 280.00–286.00 $283.28 $1,051 +0.28
374–396 value added 386 13 274.00–286.00 $278.97 $1,077
401–403 402 10 272.00–273.00 $272.40 $1,095 -14.60
428–441 unweaned 435 13 257.00–262.00 $259.27 $1,128 -7.73
445 value added 445 2 270.00 $270.00 $1,202 -13.00
462 462 3 266.00 $266.00 $1,229
463 value added 463 3 266.00 $266.00 $1,232 -18.76
483–495 486 12 269.00–278.00 $271.29 $1,318 -8.71
474–499 unweaned 487 10 246.00–261.00 $253.31 $1,234 -0.27
533 533 5 264.00 $264.00 $1,407 -2.50
641 641 13 248.00 $248.00 $1,590
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
550 unweaned 550 6 256.00 $256.00 $1,408
572 572 5 256.00 $256.00 $1,464
588 588 7 257.50 $257.50 $1,514
622 value added 622 12 258.50 $258.50 $1,608 -1.75

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
390 unweaned 390 3 295.00 $295.00 $1,150
413–443 unweaned 423 9 280.00–294.00 $289.11 $1,223 -29.89
470–494 unweaned 488 14 279.00–284.50 $282.72 $1,380
508–523 unweaned 516 4 259.00–266.00 $262.55 $1,355 -11.45
598 unweaned 598 3 236.00 $236.00 $1,411 -34.00

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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.