Cattle Market Pulse

F and T Livestock Market Feeder/Replacement Cattle Market Report

Palmyra, Missouri · USDA-reported Auction Livestock

Sale of Tuesday, January 9, 2024

751 head sold ·Official USDA report

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

light 6-weight M&L 1 steers $246.80/cwt +5.80 vs last sale · ≈ $1,557/hd at 631 lb · 72 head
light 7-weight M&L 1 steers $226.35/cwt ≈ $1,618/hd at 715 lb · 55 head
light 5-weight M&L 1-2 heifers $230.96/cwt ≈ $1,230/hd at 532 lb · 34 head
HeadThis saleLast saleLast year
Total receipts 751 466 1,446
Feeder cattle 751 466 1,446

No recent sales for good comparisons. Winter arrived just in time to interfere with the first sale of the new year. Quality of the cattle that made it to the barn was generally attractive, and most of the calves were weaned and worked. Demand moderate 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
350 value added 350 3 290.00 $290.00 $1,015
380 380 3 279.00 $279.00 $1,060
403–435 value added 416 5 267.00–284.00 $276.89 $1,152
425 425 2 281.00 $281.00 $1,194 -6.00
472 value added 472 5 270.00 $270.00 $1,274
473–491 483 9 269.00–289.00 $277.70 $1,341
515–525 519 7 268.00–285.00 $275.37 $1,429 +32.37
515–537 value added 526 22 262.00–291.00 $276.45 $1,454 -5.11
551–555 553 11 268.00–269.50 $268.68 $1,486 +23.68
559 value added 559 9 271.00 $271.00 $1,515 +3.93
605–629 626 36 244.00–249.00 $248.49 $1,556
616–649 value added 636 36 238.00–252.50 $245.11 $1,559 +4.11
653–683 value added 678 26 229.50–242.00 $231.09 $1,567 +0.09
702 702 24 228.50 $228.50 $1,604
707–749 value added 724 25 221.00–231.25 $227.01 $1,644
725–730 728 6 212.00–218.00 $215.01 $1,565
759 759 7 211.00 $211.00 $1,601 -22.10
763 value added 763 4 221.00 $221.00 $1,686
755–780 778 23 220.50–226.50 $221.01 $1,719 -12.09
802–810 808 14 206.50–207.50 $206.71 $1,670
900 900 11 201.50 $201.50 $1,814
902 value added 902 3 201.50 $201.50 $1,818
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
512 512 8 260.00 $260.00 $1,331
519–541 value added 533 17 258.50–262.00 $259.70 $1,384
578 578 6 246.50 $246.50 $1,425

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
516–547 value added 527 21 226.00–239.00 $231.55 $1,220
541 541 13 230.00 $230.00 $1,244
559–582 569 7 220.00–228.00 $224.49 $1,277
569 value added 569 7 226.00 $226.00 $1,286
602 602 27 229.50 $229.50 $1,382
648 value added 648 4 218.00 $218.00 $1,413
659 value added 659 8 215.00 $215.00 $1,417
651–692 676 13 218.00–222.00 $219.48 $1,484
700 700 3 211.00 $211.00 $1,477
750 value added 750 2 206.50 $206.50 $1,549
783 783 2 191.50 $191.50 $1,499
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
317 value added 317 3 243.00 $243.00 $770
327 unweaned 327 5 225.00 $225.00 $736
375–395 value added 385 10 235.00–241.00 $237.92 $916
412–421 value added 417 7 246.00–249.00 $247.27 $1,031
469 469 10 251.00 $251.00 $1,177 -4.00
453–484 value added 474 13 240.00–241.00 $240.71 $1,141 -4.90
518–548 value added 535 14 233.00–238.00 $235.07 $1,258 -17.21
558–597 586 21 221.50–253.00 $226.00 $1,324 -5.71
704 704 8 213.00 $213.00 $1,500
713 value added 713 6 211.00 $211.00 $1,504
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
469 469 9 228.00 $228.00 $1,069

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
470 470 5 227.00 $227.00 $1,067 -42.00
653 653 4 211.00 $211.00 $1,378

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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.