Cattle Market Pulse

F and T Livestock Market Feeder/Replacement Cattle Market Report

Palmyra, Missouri · USDA-reported Auction Livestock

Sale of Tuesday, February 27, 2024

1,465 head sold ·Official USDA report

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

heavy 7-weight M&L 1 steers $252.45/cwt +6.45 vs last sale · ≈ $1,937/hd at 767 lb · 144 head
heavy 6-weight M&L 1 steers $269.15/cwt +0.41 vs last sale · ≈ $1,807/hd at 671 lb · 68 head
light 6-weight M&L 1 steers $300.78/cwt +19.14 vs last sale · ≈ $1,870/hd at 622 lb · 63 head
HeadThis saleLast saleLast year
Total receipts 1,465 1,315 1,052
Feeder cattle 1,465 1,315 1,052

Compared to the sale from two weeks ago, steer calves under 700 lbs 5.00-10.00 higher, with feeder steers over 700 lbs steady. Heifer calves under 500 lbs 10.00-15.00 higher, 500-600 lbs steady to 5.00 higher, and feeder heifers over 600 lbs steady. More buyers every week looking for something that they can purchase to background, and there is just not enough cattle to fill everyone's orders. Demand for calves very good and moderate to good for yearlings.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
415 unweaned 415 2 345.00 $345.00 $1,432
418 418 2 359.00 $359.00 $1,501 +29.03
400–432 value added 424 8 339.00–360.00 $355.05 $1,505
463 value added 463 15 329.00 $329.00 $1,523 +6.50
473 473 8 327.50 $327.50 $1,549 +2.38
483 unweaned 483 6 321.00 $321.00 $1,550
534 534 8 324.00 $324.00 $1,730 +13.86
538–546 value added 543 15 313.00–319.00 $317.02 $1,721 +18.02
553–571 569 24 305.00–322.00 $307.07 $1,747 +7.37
561–581 value added 573 18 304.00–317.00 $313.72 $1,798 +16.82
602–611 fancy 607 29 311.00 $311.00 $1,888
627 627 12 294.00 $294.00 $1,843 +12.40
638 value added 638 22 291.00 $291.00 $1,857 +9.32
655–658 656 25 277.00–282.50 $279.85 $1,836 +11.11
651–694 674 20 246.00–261.00 $252.36 $1,701 -16.38
659–695 value added 686 23 268.00–273.50 $272.12 $1,867
718–722 721 23 265.00–266.50 $266.31 $1,920 +6.03
738 value added 738 23 259.50 $259.50 $1,915 -4.13
753–789 value added 760 41 249.00–255.75 $253.92 $1,930 +7.42
758–793 770 103 243.00–254.50 $251.86 $1,939 +9.86
844 value added 844 15 236.50 $236.50 $1,996
873–881 value added 875 31 220.00–221.50 $220.44 $1,929 +7.94
976 976 11 181.50 $181.50 $1,771
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
540 value added 540 3 301.00 $301.00 $1,625
644 value added 644 20 275.00 $275.00 $1,771
663 663 13 261.00 $261.00 $1,730
677 value added 677 9 256.00 $256.00 $1,733 +1.00
703–734 710 19 245.50–251.00 $248.12 $1,762
777 777 5 242.00 $242.00 $1,880 +29.00
787–789 value added 788 38 240.00–241.50 $240.99 $1,899 +8.99
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
341 341 7 331.00 $331.00 $1,129
392 392 3 327.00 $327.00 $1,282

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
386–388 387 13 291.00–313.00 $299.49 $1,159 +26.49
445 value added 445 9 303.00 $303.00 $1,348 +23.00
452–460 454 13 291.00–311.00 $304.77 $1,384 +23.67
457 thin fleshed 457 3 317.00 $317.00 $1,449
461–496 value added 480 37 280.00–303.00 $288.35 $1,384 +3.35
508 thin fleshed 508 9 301.00 $301.00 $1,529
516–544 value added 529 11 271.00 $271.00 $1,434 -6.98
538 unweaned 538 6 261.00 $261.00 $1,404
543 543 7 266.00 $266.00 $1,444 -4.66
553 553 16 264.00 $264.00 $1,460 +6.48
556–579 value added 576 27 265.50–273.00 $266.57 $1,535 +8.57
626 626 6 252.00 $252.00 $1,578 +3.00
646 value added 646 9 244.00 $244.00 $1,576
660 660 16 246.50 $246.50 $1,627 +1.62
674–692 value added 680 30 242.00–242.50 $242.33 $1,648
711 value added 711 14 241.00 $241.00 $1,714
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
461 461 9 267.00 $267.00 $1,231
517 thin fleshed 517 7 293.00 $293.00 $1,515
550–582 value added 570 8 246.00–257.00 $249.98 $1,425
577 577 9 253.00 $253.00 $1,460 -18.00
598 598 4 239.00 $239.00 $1,429
623–638 value added 629 28 240.00–249.00 $244.16 $1,536 +3.16
647 647 18 236.50 $236.50 $1,530
668 668 12 235.50 $235.50 $1,573 +0.50
679 value added 679 13 238.00 $238.00 $1,616
701–722 706 21 223.50–226.50 $225.06 $1,589 +11.04
729–738 732 26 218.50–219.00 $218.66 $1,601 -9.96
751–785 756 32 210.00–217.50 $211.41 $1,598 -6.09
773 value added 773 4 218.50 $218.50 $1,689
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
680 680 5 224.00 $224.00 $1,523

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
561 unweaned 561 4 273.00 $273.00 $1,532 +32.00

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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.