Cattle Market Pulse

F and T Livestock Market Feeder/Replacement Cattle Market Report, Palmyra, MO

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.