Cattle Market Pulse

F and T Livestock Market Feeder/Replacement Cattle Market Report

Palmyra, Missouri · USDA-reported Auction Livestock

Sale of Tuesday, November 7, 2023

909 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 steers $228.21/cwt ≈ $1,883/hd at 825 lb · 79 head
light 6-weight M&L 1 steers $250.27/cwt -8.66 vs last sale · ≈ $1,550/hd at 619 lb · 56 head
light 7-weight M&L 1 steers $235.14/cwt ≈ $1,711/hd at 728 lb · 47 head
HeadThis saleLast saleLast year
Total receipts 909 1,026 0
Feeder cattle 909 1,026 0

Compared to last week, feeder steers and heifers traded steady to 5.00 lower. Quality was attractive, although a lot of cattle showing more flesh than buyers desire and quite a few calves not weaned. Cattle futures prices continued their collapse on Tuesday with the November feeder contract down ten dollars in just the last three trading days. Demand and supply moderate.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
345 value added 345 2 285.00 $285.00 $983
373 373 3 299.00 $299.00 $1,115
459–483 value added 468 23 267.00–283.00 $276.30 $1,293 -20.69
476 unweaned 476 5 251.00 $251.00 $1,195
503–538 517 10 257.00–269.00 $264.36 $1,367
536–546 value added 541 34 268.00–289.00 $273.79 $1,481 -7.10
568 unweaned 568 10 241.00 $241.00 $1,369
568–598 value added 582 27 252.50–273.50 $262.40 $1,527 +2.90
605 605 12 259.50 $259.50 $1,570 +19.70
620 620 10 237.00–243.00 $238.20 $1,477 -1.60
620–632 value added 624 34 248.50–254.50 $250.56 $1,563 -13.74
676 676 5 235.00 $235.00 $1,589 +0.50
680 value added 680 39 245.50 $245.50 $1,669
707–742 value added 727 43 234.50–237.00 $235.39 $1,711
734 734 4 232.50 $232.50 $1,707
822 value added 822 17 223.50 $223.50 $1,837
826 826 62 229.50 $229.50 $1,896
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
545 545 6 260.00 $260.00 $1,417
558 558 7 263.00 $263.00 $1,468
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
575 575 7 221.00 $221.00 $1,271

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
263 263 2 295.00 $295.00 $776
289 unweaned 289 4 295.00 $295.00 $853
365–394 value added 386 7 250.00–261.00 $252.97 $976
420 value added 420 4 271.00 $271.00 $1,138 +15.50
459 459 7 263.00 $263.00 $1,207 +20.00
461–470 value added 463 16 250.00–261.00 $253.59 $1,174 -15.38
463 unweaned 463 2 231.00 $231.00 $1,070
508 unweaned 508 4 222.00 $222.00 $1,128
514–519 value added 516 13 248.00–259.00 $253.90 $1,310
525 525 6 256.00 $256.00 $1,344 +18.49
556–569 value added 561 24 245.00–249.00 $246.84 $1,385 +1.33
579 579 10 238.00 $238.00 $1,378 +1.00
653 value added 653 8 234.00 $234.00 $1,528
681 681 17 225.50 $225.50 $1,536
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
511 unweaned 511 4 216.00 $216.00 $1,104
654 654 9 233.50 $233.50 $1,527 +6.00
714 714 24 229.50 $229.50 $1,639 -10.00
830 830 15 216.50 $216.50 $1,797
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
465–498 477 13 236.00–246.00 $239.21 $1,141
552–553 552 13 232.00–235.00 $233.16 $1,287
625 625 3 204.00 $204.00 $1,275

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
314–343 unweaned 330 13 267.00–280.00 $272.72 $900
355 unweaned 355 3 261.00 $261.00 $927
451–493 unweaned 472 10 213.00–235.00 $223.51 $1,055
576 576 4 240.00 $240.00 $1,382 +20.00
656 unweaned 656 4 211.00 $211.00 $1,384
720 unweaned 720 3 181.00 $181.00 $1,303

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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.