Cattle Market Pulse

F and T Livestock Market Feeder/Replacement Cattle Market Report

Palmyra, Missouri · USDA-reported Auction Livestock

Sale of Tuesday, January 23, 2024

975 head sold ·Official USDA report

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

heavy 6-weight M&L 1 heifers $228.79/cwt ≈ $1,564/hd at 683 lb · 74 head
light 6-weight M&L 1-2 heifers $227.29/cwt -0.73 vs last sale · ≈ $1,435/hd at 631 lb · 66 head
heavy 7-weight M&L 1 steers $221.34/cwt +2.39 vs last sale · ≈ $1,715/hd at 775 lb · 63 head
HeadThis saleLast saleLast year
Total receipts 975 751 314
Feeder cattle 915 751 224
Replacement cattle 60 90

Compared to the previous auction from two weeks ago, steer calves under 500 lbs 10.00-15.00 higher on a light test, steers over 500 lbs steady. Heifer calves under 500 lbs 15.00-25.00 higher, with feeder heifers over 500 lbs 5.00-10.00 higher. Supply still limited by slick road conditions, however the ice and snow will turn into mud by the end of the week as temperatures are forecast to stay above the freezing point for the next couple of weeks. 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
368 368 8 324.00 $324.00 $1,192 +45.00
377 value added 377 9 319.00 $319.00 $1,203 +29.00
431 431 4 303.00 $303.00 $1,306 +22.00
450 450 2 303.00 $303.00 $1,364 +25.30
452 unweaned 452 3 274.00 $274.00 $1,238
489 value added 489 8 310.00 $310.00 $1,516 +40.00
511–539 519 21 270.00–273.00 $270.89 $1,406 -4.48
546 value added 546 5 288.00 $288.00 $1,572 +11.55
560–597 571 45 267.50–283.50 $276.62 $1,580 +7.94
617–649 value added 627 36 237.50–255.00 $245.94 $1,542 +0.83
635 635 9 235.00–240.00 $238.89 $1,517 -9.60
664 value added 664 12 239.00 $239.00 $1,587 +7.91
677 677 12 234.50 $234.50 $1,588
713 713 6 227.50 $227.50 $1,622 -1.00
729–732 value added 731 17 228.00–232.50 $231.44 $1,692 +4.43
751–788 value added 775 63 218.50–226.50 $221.34 $1,715 +0.34
872–892 value added 878 19 198.50–206.50 $203.93 $1,791
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
523 523 3 263.00 $263.00 $1,375 +3.00
577 577 9 273.50 $273.50 $1,578 +27.00
611–642 624 12 230.00–233.00 $231.29 $1,443
635 value added 635 7 246.00 $246.00 $1,562
672 value added 672 20 234.50 $234.50 $1,576
713 713 5 227.00 $227.00 $1,619
Medium and Large 2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
490 value added 490 11 228.00 $228.00 $1,117

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
308 308 4 273.00 $273.00 $841
323 value added 323 6 280.00 $280.00 $904 +37.00
379 value added 379 5 275.00 $275.00 $1,042 +37.08
440 440 5 267.00 $267.00 $1,175
474 unweaned 474 4 226.00 $226.00 $1,071
473–488 478 12 258.00–272.00 $267.24 $1,277 +16.24
504–534 525 35 250.00–257.50 $255.24 $1,340
532 value added 532 5 249.00 $249.00 $1,325 +13.93
573 573 6 229.00 $229.00 $1,312 +3.00
594 value added 594 13 233.00 $233.00 $1,384
622 value added 622 5 225.50 $225.50 $1,403
663–690 value added 666 31 223.00–225.25 $225.02 $1,499
696 696 43 231.50 $231.50 $1,611
733–749 value added 741 17 216.00 $216.00 $1,601 +5.00
750–775 value added 761 26 210.50–212.00 $211.35 $1,608
897 value added 897 6 198.00 $198.00 $1,776
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
515 515 2 243.00 $243.00 $1,251 +13.00
551 unweaned 551 6 198.00 $198.00 $1,091
566–583 576 20 228.50–236.00 $233.71 $1,346 +9.22
585 value added 585 4 227.00 $227.00 $1,328 +1.00
625 value added 625 32 243.75 $243.75 $1,523 +25.75
634–636 635 23 223.50–224.50 $223.89 $1,422 -5.61
642 unweaned 642 11 186.50 $186.50 $1,197
650 650 10 236.00 $236.00 $1,534 +16.52
696 696 6 209.00 $209.00 $1,455 -10.48
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
560 560 3 217.00 $217.00 $1,215

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
422 unweaned 422 3 243.00 $243.00 $1,025
633 unweaned 633 6 190.00 $190.00 $1,203
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
445 445 7 243.00 $243.00 $1,081

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Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1130–1515 1307 Middle Aged (5-8 yrs)3rd Stage (7-9 mo) 27 1,400.00–1,700.00 $1,511.86
1470–1475 1473 Middle Aged/Aged (>5 yrs)2nd Stage (4-6 mo) 7 1,400.00 $1,400.00

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Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1007–1050 1036 (<2 yrs)3rd Stage (7-9 mo) 9 2,175.00 $2,175.00

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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.