Cattle Market Pulse

F and T Livestock Market Feeder/Replacement Cattle Market Report

Palmyra, Missouri · USDA-reported Auction Livestock

Sale of Tuesday, May 14, 2024

604 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 1-2 heifers $245.31/cwt ≈ $1,818/hd at 741 lb · 95 head
heavy 6-weight M&L 1 steers $288.50/cwt ≈ $1,986/hd at 688 lb · 40 head
heavy 7-weight M&L 1 steers $263.63/cwt ≈ $2,024/hd at 768 lb · 29 head
HeadThis saleLast saleLast year
Total receipts 604 300 1,341
Feeder cattle 604 1,341
Replacement cattle 300

Compared to the feeder auction from two weeks ago, steer calves under 650 lbs steady, with yearling steers over 650 lbs 5.00-10.00 higher with instances 15.00 higher. Feeder heifers traded firm to 10.00 higher. Quality was attractive. A lighter offering this week, but that seemed to only increase demand as buyers competed to gather up the remaining cattle of the spring supply. Demand was very good.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
384 384 4 355.00 $355.00 $1,363
434 value added 434 4 357.00 $357.00 $1,549
435 435 2 345.00 $345.00 $1,501
450–492 476 16 333.00–354.00 $340.24 $1,620
500 value added 500 3 341.00 $341.00 $1,705
535 535 11 328.00 $328.00 $1,755
556–573 value added 564 9 305.00–321.00 $313.77 $1,770
583 583 5 296.00 $296.00 $1,726
635 value added 635 20 308.50 $308.50 $1,959
683–689 688 36 281.00–290.50 $289.45 $1,991
693 value added 693 4 280.00 $280.00 $1,940
703–706 value added 706 22 277.00–291.50 $290.19 $2,049
759–762 762 24 255.00–268.00 $265.84 $2,026
796 value added 796 5 253.00 $253.00 $2,014
803 803 2 249.00 $249.00 $1,999
894 894 5 240.00 $240.00 $2,146
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
563–587 577 10 300.00–321.00 $308.19 $1,778
618–629 624 8 292.00–294.00 $293.01 $1,828
652–689 658 23 276.00–279.50 $278.86 $1,835
660 value added 660 3 290.00 $290.00 $1,914
713–714 714 8 261.00–292.00 $284.26 $2,030

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
520 thin fleshed 520 11 311.00 $311.00 $1,617
614 614 20 264.00 $264.00 $1,621
660 660 15 249.00 $249.00 $1,643
738 738 3 231.00 $231.00 $1,705
713–743 741 92 237.00–246.75 $245.78 $1,821
786 786 14 231.50 $231.50 $1,820
798 798 4 223.00 $223.00 $1,780
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
340 value added 340 3 355.00 $355.00 $1,207
357 357 3 341.00 $341.00 $1,217
420 value added 420 4 329.00 $329.00 $1,382
452–459 455 13 304.00–315.00 $310.18 $1,411
559 559 8 281.00 $281.00 $1,571
575 value added 575 10 285.00 $285.00 $1,639
609–646 value added 629 14 255.00–263.00 $258.33 $1,625
621–636 630 10 264.50–266.00 $265.41 $1,672
670 670 6 247.00 $247.00 $1,655
688 value added 688 6 236.00 $236.00 $1,624
715 value added 715 5 244.00 $244.00 $1,745

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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.