Cattle Market Pulse

F and T Livestock Market Feeder/Replacement Cattle Market Report

Palmyra, Missouri · USDA-reported Auction Livestock

Sale of Tuesday, July 23, 2024

679 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 $266.53/cwt -1.20 vs last sale · ≈ $1,815/hd at 681 lb · 60 head
light 6-weight M&L 1-2 steers $307.24/cwt ≈ $1,853/hd at 603 lb · 36 head
light 5-weight M&L 1-2 steers $333.65/cwt +6.65 vs last sale · ≈ $1,773/hd at 531 lb · 34 head
HeadThis saleLast saleLast year
Total receipts 679 770 621
Feeder cattle 679 770 621

Compared to the auction from two weeks ago, feeder steers and heifers steady on limited comparisons with last time. Pretty typical summer run with a few light weight calves to some heavy weight yearlings offered. Demand good and supply light.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
264 264 5 421.00 $421.00 $1,111
336 336 10 396.00 $396.00 $1,331
413 413 8 358.00 $358.00 $1,479 -19.00
445 value added 445 16 360.00 $360.00 $1,602
474 474 16 354.00 $354.00 $1,678
617 617 4 305.00 $305.00 $1,882
683 683 7 275.00 $275.00 $1,878
706 value added 706 10 270.00 $270.00 $1,906 -8.00
730 730 10 278.50 $278.50 $2,033 -10.50
743 743 3 262.00 $262.00 $1,947 -27.00
814 814 12 228.00 $228.00 $1,856
850 value added 850 4 245.00 $245.00 $2,082
866–891 875 14 224.00–236.00 $231.64 $2,027
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
525 525 10 340.00 $340.00 $1,785
534 value added 534 24 331.00 $331.00 $1,768 +4.00
600–628 value added 603 36 290.00–309.50 $307.24 $1,853
743 value added 743 4 262.00 $262.00 $1,947
757–769 766 7 256.00–265.00 $258.54 $1,980 -11.96
892 892 4 232.00 $232.00 $2,069

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
505 value added 505 7 312.00 $312.00 $1,576
507 507 7 307.00 $307.00 $1,556 +6.31
555–581 568 10 286.00–299.00 $292.35 $1,661 +15.35
604 value added 604 12 282.00 $282.00 $1,703 +3.00
613–622 617 16 270.00–277.00 $273.91 $1,690 +6.48
668 value added 668 5 267.00 $267.00 $1,784 -3.00
651–686 682 55 260.00–267.50 $266.49 $1,817 -0.71
751 751 4 238.00 $238.00 $1,787 -7.00
847 847 8 230.00 $230.00 $1,948
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
448 448 14 335.00 $335.00 $1,501 -2.00
487 value added 487 23 311.00 $311.00 $1,515
569 569 28 289.00 $289.00 $1,644 -11.00
720 720 14 269.00 $269.00 $1,937
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
511 511 8 279.00 $279.00 $1,426
565–571 570 18 275.00–279.50 $278.76 $1,589
724 724 9 217.00 $217.00 $1,571

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
632 632 4 277.00 $277.00 $1,751
727 727 4 254.00 $254.00 $1,847

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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.