Cattle Market Pulse

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

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.