Cattle Market Pulse

F and T Livestock Market Feeder/Replacement Cattle Market Report

Palmyra, Missouri · USDA-reported Auction Livestock

Sale of Tuesday, October 17, 2023

755 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 1-2 heifers $244.40/cwt -11.37 vs last sale · ≈ $1,755/hd at 718 lb · 62 head
light 9-weight M&L 1 steers $235.75/cwt ≈ $2,197/hd at 932 lb · 56 head
light 5-weight M&L 1 steers $299.14/cwt +24.14 vs last sale · ≈ $1,559/hd at 521 lb · 36 head
HeadThis saleLast saleLast year
Total receipts 755 680 1,112
Feeder cattle 755 680 1,112

Compared to the auction from two weeks ago, feeder steers sold with a higher undertone and feeder heifers sold steady, all on a limited number of comparisons with last time. Most area farmers still busy with the grain harvest and fall tillage work. Demand was good on a light supply.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
381 381 4 331.00 $331.00 $1,261 +15.00
399 value added 399 7 337.00 $337.00 $1,345
409 409 4 329.00 $329.00 $1,346
414–428 unweaned 419 6 274.00–291.00 $279.79 $1,172
422–443 value added 435 8 299.00–321.00 $307.00 $1,335
458–471 value added 464 12 291.00–309.00 $298.31 $1,384 +2.31
480 unweaned 480 2 303.00 $303.00 $1,454
480–486 483 12 301.00 $301.00 $1,454 +24.00
488 488 5 283.00 $283.00 $1,381 +6.00
501 value added 501 6 303.00 $303.00 $1,518
503–541 525 30 288.00–311.00 $298.37 $1,566 +23.37
550–555 unweaned 554 19 275.00–297.50 $291.62 $1,616 +20.62
559 value added 559 12 296.50 $296.50 $1,657
608 value added 608 5 280.50 $280.50 $1,705
611–625 622 25 270.00–277.50 $275.73 $1,715
673 673 3 250.00 $250.00 $1,682 +9.00
686–693 691 13 257.00–263.00 $258.83 $1,789 +17.83
749 749 5 252.00 $252.00 $1,887
764 764 20 256.50 $256.50 $1,960
932 932 56 235.75 $235.75 $2,197
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
631 631 8 263.00 $263.00 $1,660
788 value added 788 12 239.00 $239.00 $1,883
791 791 4 234.00 $234.00 $1,851
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
443 443 2 283.00 $283.00 $1,254
465 unweaned 465 3 267.00 $267.00 $1,242
580 unweaned 580 3 251.00 $251.00 $1,456

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
363 363 3 291.00 $291.00 $1,056
373 value added 373 5 279.00 $279.00 $1,041
406 unweaned 406 5 277.00 $277.00 $1,125 +13.00
411–422 416 12 269.00–279.00 $273.23 $1,137 +2.22
437–440 value added 438 17 267.00–271.00 $269.11 $1,179 -7.39
459–495 468 22 268.00–285.00 $273.75 $1,281 +17.75
502 unweaned 502 5 258.00 $258.00 $1,295
516 516 14 264.00 $264.00 $1,362 +0.50
551 unweaned 551 15 255.00 $255.00 $1,405
561 value added 561 10 253.00 $253.00 $1,419
564 564 4 243.00 $243.00 $1,371
625 625 12 251.50 $251.50 $1,572
675 675 5 231.00 $231.00 $1,559
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
566 566 8 242.00 $242.00 $1,370 -9.00
603–631 619 12 241.00–241.50 $241.30 $1,494 -16.70
716–738 718 62 239.00–245.00 $244.40 $1,755 -11.37
783 value added 783 10 233.50 $233.50 $1,828
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
378 378 4 257.00 $257.00 $971

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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.