Cattle Market Pulse

F and T Livestock Market Feeder/Replacement Cattle Market Report

Palmyra, Missouri · USDA-reported Auction Livestock

Sale of Tuesday, March 12, 2024

1,552 head sold ·Official USDA report

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

light 5-weight M&L 1 steers $334.04/cwt ≈ $1,753/hd at 525 lb · 155 head
heavy 6-weight M&L 1 steers $277.47/cwt ≈ $1,858/hd at 670 lb · 86 head
light 8-weight M&L 1 steers $248.73/cwt ≈ $2,025/hd at 814 lb · 84 head
HeadThis saleLast saleLast year
Total receipts 1,552 200 210
Feeder cattle 1,542 0
Replacement cattle 10 200 210

Compared to the auction from 2 weeks ago, feeder steers and heifers sold from steady to 10.00 higher. An even mix of both calves and yearlings with a very good demand no matter what weight entered the ring. With grass starting to come on and an attractive yearling futures price for this fall the lighter weight calves are really selling with some eye-popping prices.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
288–289 289 10 395.00–401.00 $399.80 $1,155
320 unweaned 320 3 367.50 $367.50 $1,176
301–346 338 22 360.00–401.00 $393.22 $1,329
355–370 363 8 357.50–370.00 $363.62 $1,320
402–417 410 10 349.00–359.00 $354.09 $1,452
417 unweaned 417 7 343.00 $343.00 $1,430
420–422 value added 420 26 339.00–349.00 $347.84 $1,461
494 494 5 303.00 $303.00 $1,497
518 518 100 342.00 $342.00 $1,772
534 unweaned 534 9 285.00 $285.00 $1,522
527–543 value added 538 46 322.00–328.00 $326.34 $1,756
563 563 9 317.00 $317.00 $1,785
578 value added 578 13 318.00 $318.00 $1,838
602 602 3 287.00 $287.00 $1,728
603–620 value added 609 19 285.00–302.00 $297.41 $1,811
616–641 625 11 269.00 $269.00 $1,681
653–681 value added 663 68 270.00–286.00 $280.33 $1,859
692–695 694 12 270.00–276.00 $272.49 $1,891
695 695 6 255.00 $255.00 $1,772
714 714 5 257.50 $257.50 $1,839
712–739 value added 729 8 261.00–265.00 $263.53 $1,921
756–767 value added 762 30 253.00–258.50 $255.64 $1,948
795 795 5 252.50 $252.50 $2,007
812–829 814 74 243.00–250.50 $249.78 $2,033
814 value added 814 10 241.00 $241.00 $1,962
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
445 445 7 333.00 $333.00 $1,482
523–538 530 13 301.00–313.00 $307.41 $1,629
512–547 value added 533 17 319.00–321.00 $319.79 $1,704
663 value added 663 8 279.50 $279.50 $1,853
733–736 735 45 246.00–255.50 $248.53 $1,827
802 802 63 237.00 $237.00 $1,901
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
347 value added 347 3 340.00 $340.00 $1,180
401 401 4 301.00 $301.00 $1,207
484 484 5 315.00 $315.00 $1,525
510 510 3 279.00 $279.00 $1,423

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
273 273 3 370.00 $370.00 $1,010
273 value added 273 2 349.00 $349.00 $953
318–339 329 8 313.00–323.00 $318.16 $1,047
382 value added 382 10 345.00 $345.00 $1,318
410 value added 410 5 317.00 $317.00 $1,300
405–440 419 14 305.00–317.00 $309.71 $1,298
468 value added 468 18 303.00 $303.00 $1,418
473 473 4 279.00 $279.00 $1,320
456–499 unweaned 484 14 283.00–285.00 $283.67 $1,373
503 value added 503 6 299.00 $299.00 $1,504
514 514 4 270.00 $270.00 $1,388
519–549 534 20 283.00–296.00 $285.67 $1,525
547 unweaned 547 6 259.00 $259.00 $1,417
554 554 11 263.00 $263.00 $1,457
562–577 value added 569 17 276.00–294.00 $285.41 $1,624
570 unweaned 570 7 251.00 $251.00 $1,431
583 583 3 293.00 $293.00 $1,708
608 608 16 264.50 $264.50 $1,608
618 value added 618 5 269.00 $269.00 $1,662
625 625 4 237.00 $237.00 $1,481
660 660 3 256.00 $256.00 $1,690
668–696 value added 688 57 246.00–253.00 $251.39 $1,730
707–708 707 77 247.00–250.00 $247.35 $1,749
790 790 10 218.50 $218.50 $1,726
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
530 530 5 289.00 $289.00 $1,532
535 value added 535 4 275.00 $275.00 $1,471
600–638 611 20 245.00–257.00 $253.24 $1,547
611 611 6 258.50 $258.50 $1,579
673 673 32 231.50 $231.50 $1,558
680 680 5 244.00 $244.00 $1,659
710 710 11 237.00 $237.00 $1,683
704–739 value added 719 12 241.00–246.00 $243.86 $1,753
833 833 4 212.50 $212.50 $1,770
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
364 364 8 282.00 $282.00 $1,026

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Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1160–1435 1289 Young/Middle Aged (2-8 yrs)2nd Stage (4-6 mo) 6 1,650.00–1,850.00 $1,731.69

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Small 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
797 797 (<2 yrs)2nd Stage (4-6 mo) 3 1,375.00 $1,375.00

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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.