Cattle Market Pulse

F and T Livestock Market Feeder/Replacement Cattle Market Report

Palmyra, Missouri · USDA-reported Auction Livestock

Sale of Tuesday, March 26, 2024

1,351 head sold ·Official USDA report

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

light 7-weight M&L 1 steers $270.13/cwt +8.92 vs last sale · ≈ $1,961/hd at 726 lb · 138 head
light 6-weight M&L 1 steers $301.48/cwt +14.49 vs last sale · ≈ $1,884/hd at 625 lb · 55 head
light 5-weight M&L 1 steers $314.57/cwt -19.48 vs last sale · ≈ $1,628/hd at 517 lb · 54 head
HeadThis saleLast saleLast year
Total receipts 1,351 1,552 1,450
Feeder cattle 1,351 1,542 1,450
Replacement cattle 10

Compared to the last tested auction from two weeks ago, feeder steers traded mostly steady except 600-750 lbs firm to 5.00 higher. Feeder heifers steady to 5.00 lower. Cattle futures traded with sharp losses on Tuesday, but buyers didn't seem much to care as the demand was good to very good on a moderate supply.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
337 value added 337 7 371.00 $371.00 $1,250
365 value added 365 1 380.00 $380.00 $1,387
357–395 372 5 372.50–381.00 $376.11 $1,399 +12.49
404–429 416 17 352.50–367.50 $363.15 $1,511 +9.06
432–433 value added 432 8 337.00–351.00 $345.74 $1,494 -2.10
440 440 8 332.50 $332.50 $1,463 -21.59
461 value added 461 9 345.00 $345.00 $1,590
453–495 474 25 327.00–347.00 $333.20 $1,579 +30.20
503 unweaned 503 7 291.00 $291.00 $1,464 +6.00
508 508 14 302.00 $302.00 $1,534 -40.00
506–519 value added 515 18 325.00–327.50 $325.82 $1,678 -0.52
531–539 536 15 323.00–325.00 $323.79 $1,736 -18.21
554–564 558 12 319.00–323.00 $321.32 $1,793 +4.32
578–598 value added 591 8 312.00–321.00 $315.30 $1,863 -2.70
610–645 value added 621 20 298.00–309.00 $307.29 $1,908 +9.88
600–645 627 35 284.00–307.00 $298.16 $1,869 +29.16
665 value added 665 1 291.00 $291.00 $1,935 +10.67
680–698 688 23 271.50–281.00 $276.81 $1,904 +4.32
706–736 value added 715 13 259.00–270.00 $266.52 $1,906 +2.99
703–732 727 125 264.50–274.50 $270.51 $1,967 +13.01
756 756 7 255.00 $255.00 $1,928
768 value added 768 8 261.00 $261.00 $2,004 +5.36
780 780 12 249.00 $249.00 $1,942 -3.50
841–848 846 29 234.50–239.50 $236.04 $1,997 -13.74
881 881 37 229.00 $229.00 $2,017
939 939 16 224.50 $224.50 $2,108
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
323 323 3 375.00 $375.00 $1,211
394 value added 394 6 351.00 $351.00 $1,383
400 400 5 339.00 $339.00 $1,356 +38.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
500 500 3 332.50 $332.50 $1,662 +25.09
514 value added 514 4 325.00 $325.00 $1,670 +5.21

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
319 319 6 327.50 $327.50 $1,045 +9.34
338 value added 338 2 317.50 $317.50 $1,073
359 value added 359 4 315.00 $315.00 $1,131 -30.00
372–393 386 9 321.00–322.00 $321.68 $1,242
414 414 4 271.00 $271.00 $1,122 -38.71
424 value added 424 7 301.00 $301.00 $1,276 -16.00
438–442 440 9 305.00–310.00 $307.21 $1,352 -2.50
464–468 464 17 289.00–301.00 $290.42 $1,348 +11.42
471 value added 471 14 290.00 $290.00 $1,366 -13.00
474 unweaned 474 9 273.00 $273.00 $1,294 -10.67
506 506 10 259.00 $259.00 $1,311 -11.00
555 555 10 281.50 $281.50 $1,562 +18.50
643 643 27 258.00 $258.00 $1,659 +21.00
695 695 11 255.75 $255.75 $1,777 -0.25
748 748 17 236.50 $236.50 $1,769
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
500–549 532 12 265.00–279.00 $271.07 $1,442 -17.93
551 551 8 264.00 $264.00 $1,455
571 value added 571 4 261.00 $261.00 $1,490
558–594 573 16 252.00–258.00 $254.88 $1,460
602–616 value added 608 16 253.00–257.00 $254.77 $1,549
603–630 617 19 261.00–262.00 $261.46 $1,613 +8.22
663 663 21 249.00 $249.00 $1,651 +17.50
687–691 689 11 234.00–240.00 $237.26 $1,635 -6.74
745 745 13 225.00 $225.00 $1,676 -12.00
765 765 15 228.00 $228.00 $1,744
885 885 17 214.00 $214.00 $1,894
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
443 value added 443 4 274.00 $274.00 $1,214
521 521 5 269.00 $269.00 $1,401
518–528 value added 523 22 271.00–272.00 $271.45 $1,420
Small 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
373 373 4 231.00 $231.00 $862

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
640 640 4 258.00 $258.00 $1,651

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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.