Cattle Market Pulse

F and T Livestock Market Feeder/Replacement Cattle Market Report

Palmyra, Missouri · USDA-reported Auction Livestock

Sale of Tuesday, May 21, 2024

790 head sold ·Official USDA report

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

heavy 7-weight M&L 1 steers $259.17/cwt -4.45 vs last sale · ≈ $1,998/hd at 771 lb · 76 head
heavy 6-weight M&L 1 steers $277.80/cwt -10.70 vs last sale · ≈ $1,847/hd at 665 lb · 52 head
heavy 5-weight M&L 1 steers $310.75/cwt +3.33 vs last sale · ≈ $1,804/hd at 581 lb · 44 head
HeadThis saleLast saleLast year
Total receipts 790 604 1,341
Feeder cattle 790 604 1,341

Compared to last week, lightweight steer calves weighing less than 500 lbs sold 15.00-25.00 higher, with 500-600 lbs steady, and steers over 600 lbs 5.00-10.00 lower. Feeder heifers traded firm to 10.00 higher with the most advance on the lighter weights. Demand was very good for calves and moderate on yearlings with a light to 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
297 297 3 410.00 $410.00 $1,218
313–345 324 3 390.00–397.50 $394.84 $1,279
343 value added 343 2 390.00 $390.00 $1,338
400–448 431 10 351.00–374.00 $357.72 $1,542 +12.72
442 value added 442 8 384.00 $384.00 $1,697 +27.00
463 thin fleshed 463 9 382.00 $382.00 $1,769
463 463 2 346.00 $346.00 $1,602 +5.76
450–486 value added 465 17 377.50–380.00 $378.92 $1,762
470–498 488 8 317.00–340.00 $325.32 $1,588 -14.92
509–513 value added 510 10 330.00–337.50 $332.26 $1,695 -8.74
523–545 539 17 325.00–337.00 $333.91 $1,800 +5.91
568 568 10 306.00 $306.00 $1,738 +10.00
571–592 value added 583 30 312.00–320.00 $315.64 $1,840 +1.87
595 595 4 286.00 $286.00 $1,702 -10.00
619–641 value added 636 17 288.00–300.00 $290.75 $1,849 -17.75
650–664 656 32 279.00–285.00 $282.34 $1,852 -7.11
662–689 679 20 270.00–272.00 $270.54 $1,837 -18.91
736 736 7 259.00 $259.00 $1,906
743 value added 743 6 266.00 $266.00 $1,976
770 770 64 261.00 $261.00 $2,010 -4.84
771–783 776 12 249.00–250.00 $249.42 $1,935 -16.42
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
502 502 5 320.00 $320.00 $1,606
603 603 11 294.00 $294.00 $1,773 +0.99
656 656 6 274.00 $274.00 $1,797 -4.86
711–749 733 12 258.00–259.00 $258.40 $1,894 -25.86

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
198 198 6 405.00 $405.00 $802
342 value added 342 9 340.00 $340.00 $1,163 -15.00
353 353 3 325.00 $325.00 $1,147 -16.00
388 value added 388 2 342.50 $342.50 $1,329
424 424 6 323.00 $323.00 $1,370
415–445 value added 434 10 324.00–334.00 $332.40 $1,443 +3.40
468–493 485 20 306.00–316.00 $311.52 $1,511 +1.34
496–499 value added 497 11 317.00 $317.00 $1,575
532 532 3 300.00 $300.00 $1,596
520–538 value added 534 12 300.00–303.50 $302.65 $1,616
557–593 569 9 283.00–288.00 $285.95 $1,627 +4.95
569 value added 569 17 288.00 $288.00 $1,639 +3.00
574 574 5 270.00 $270.00 $1,550 -11.00
612 612 5 267.00 $267.00 $1,634 +1.59
608–629 value added 622 20 264.00–271.00 $265.38 $1,651 +7.05
628 628 2 265.00 $265.00 $1,664 -0.41
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
460 460 11 309.00 $309.00 $1,421
503 503 5 289.00 $289.00 $1,454
550 550 3 277.00 $277.00 $1,524
555–588 583 26 269.00–287.00 $276.14 $1,610
602–633 609 18 255.00–271.50 $267.69 $1,630 +3.69
614 614 5 250.00 $250.00 $1,535 -14.00
661 661 13 256.00 $256.00 $1,692 +7.00
662 662 3 241.00 $241.00 $1,595 -8.00
771 771 6 234.00 $234.00 $1,804 +2.50
783 783 6 227.50 $227.50 $1,781 -4.00
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
629 629 7 223.00 $223.00 $1,403
777 777 9 210.00 $210.00 $1,632

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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.