Cattle Market Pulse

F and T Livestock Market Feeder/Replacement Cattle Market Report

Palmyra, Missouri · USDA-reported Auction Livestock

Sale of Tuesday, April 23, 2024

755 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 1-2 heifers $248.56/cwt +3.25 vs last sale · ≈ $1,716/hd at 690 lb · 77 head
light 5-weight M&L 1 steers $328.87/cwt -4.43 vs last sale · ≈ $1,743/hd at 530 lb · 76 head
heavy 4-weight M&L 1 steers $332.07/cwt -4.40 vs last sale · ≈ $1,574/hd at 474 lb · 43 head
HeadThis saleLast saleLast year
Total receipts 755 1,551 876
Feeder cattle 755 1,551 876

Compared to the auction from two weeks ago, feeder steers and heifers under 700 lbs steady, with not enough feeders over 700 lbs to establish a trend. Receipts starting to decline as most area farmers have turned their attention to crop planting with conditions so far nearly ideal for early seeding. Demand moderate to good and supply light to moderate.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
331–333 332 12 359.00–361.00 $359.84 $1,195
388 value added 388 5 355.00 $355.00 $1,377
445 445 1 329.00 $329.00 $1,464 -16.15
467–470 value added 468 19 327.00–335.00 $331.62 $1,552 +0.34
463–498 479 24 327.00–341.00 $332.43 $1,592 -13.57
507–533 value added 518 22 329.00–336.00 $331.95 $1,720 -7.27
502–547 535 54 313.00–335.00 $327.62 $1,753 +7.71
550 550 5 302.00 $302.00 $1,661 -11.83
555–567 value added 560 9 313.00–326.00 $321.39 $1,800 +2.04
588–597 594 11 275.00–288.00 $283.32 $1,683 -31.68
610–638 value added 619 11 297.00–307.00 $302.24 $1,871 -4.26
634 634 5 291.00 $291.00 $1,845 +11.00
636 636 6 276.00 $276.00 $1,755 -13.00
665 665 8 252.00 $252.00 $1,676 -22.00
761 761 7 254.00 $254.00 $1,933 +4.50
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
482 482 9 315.00 $315.00 $1,518
604 604 5 274.00 $274.00 $1,655 -6.70
623 value added 623 6 265.00 $265.00 $1,651 -13.00
656–684 673 21 265.00 $265.00 $1,783 -4.66
714 value added 714 4 251.00 $251.00 $1,792
826 826 4 229.00 $229.00 $1,892 -7.00
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
342 342 3 324.00 $324.00 $1,108
415–418 417 7 319.00–327.00 $323.59 $1,349
720 720 5 246.00 $246.00 $1,771

↑ Back to top

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
514 value added 514 7 291.00 $291.00 $1,496
526–545 533 14 275.00–286.00 $281.98 $1,503 -24.02
515–548 534 7 275.00–277.00 $275.83 $1,473 -30.17
558–563 value added 561 9 275.00–277.00 $275.66 $1,546
623 623 4 241.00 $241.00 $1,501
657 657 6 236.00 $236.00 $1,551 -7.54
693 693 71 247.00–250.00 $249.62 $1,730 +6.08
708 708 4 234.00 $234.00 $1,657 +4.00
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
337 337 3 318.00 $318.00 $1,072
362 362 5 321.00 $321.00 $1,162 +7.00
415–440 436 22 289.00–318.00 $314.48 $1,371 -3.57
450–459 value added 456 13 305.00–307.00 $306.39 $1,397 +8.02
460–488 466 12 288.00–308.00 $298.14 $1,389 -2.73
504 value added 504 9 283.00 $283.00 $1,426 -20.98
518 518 4 287.00 $287.00 $1,487
616 616 4 250.00 $250.00 $1,540 ±0.00

↑ Back to top

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
417–423 420 6 305.00–315.00 $310.04 $1,302
643 643 5 265.00 $265.00 $1,704

↑ Back to top

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.