Cattle Market Pulse

F and T Livestock Market Feeder/Replacement Cattle Market Report

Palmyra, Missouri · USDA-reported Auction Livestock

Sale of Tuesday, October 22, 2024

984 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 steers $264.30/cwt -8.70 vs last sale · ≈ $1,777/hd at 672 lb · 94 head
light 6-weight M&L 1-2 heifers $251.08/cwt ≈ $1,599/hd at 637 lb · 75 head
light 6-weight M&L 1-2 steers $271.45/cwt +0.35 vs last sale · ≈ $1,740/hd at 641 lb · 73 head
HeadThis saleLast saleLast year
Total receipts 984 969 755
Feeder cattle 984 969 755

Compared to the last feeder special from 2 weeks ago, feeder steers and heifers steady. The drought in Northeast Missouri is quickly intensifying as the past few months have seen much above normal temperatures with little to no rain. Most beef producers are already feeding hay, and what seemed like an abundant feed supply in the middle of summer now have producers counting bales to see if they have enough to get to spring. The later planted soybeans were really hurt by the late summer drought as yields are well below expectations and some of those acres will qualify for a crop insurance payment.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
315–335 value added 325 2 331.00–357.00 $343.60 $1,117
418–440 value added 433 10 316.00–335.00 $329.50 $1,427
456 456 8 319.00 $319.00 $1,455 -0.41
482–495 value added 489 34 311.00–322.00 $318.60 $1,558
508–542 534 29 295.00–302.00 $298.21 $1,592 -8.54
565–581 value added 577 31 285.50–291.00 $286.72 $1,654 -14.13
620–627 value added 624 12 264.00–272.00 $268.02 $1,672 -24.98
642 642 9 256.00 $256.00 $1,644 -13.00
653–685 value added 668 15 260.00–272.00 $266.26 $1,779 -6.74
671–678 673 79 260.50–272.00 $263.93 $1,776
738 738 12 245.00 $245.00 $1,808 -19.69
740 value added 740 16 253.00 $253.00 $1,872
813 813 59 251.50 $251.50 $2,045 +8.29
828 828 5 232.00 $232.00 $1,921 -11.21
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
514 thin fleshed 514 19 305.00 $305.00 $1,568
534 534 7 287.00 $287.00 $1,533 -11.00
561 value added 561 8 269.00 $269.00 $1,509
595 thin fleshed 595 17 272.50 $272.50 $1,621
629–644 value added 641 73 268.00–272.25 $271.45 $1,740 -3.53

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320 320 2 331.00 $331.00 $1,059 +26.00
365–370 value added 368 8 293.00–299.00 $296.02 $1,089
385 385 2 313.00 $313.00 $1,205 +16.50
410 value added 410 2 293.00 $293.00 $1,201
408–431 420 16 293.00–301.00 $296.89 $1,247 +19.89
453–455 value added 454 10 300.00–301.00 $300.50 $1,364 +31.78
450–484 466 24 269.50–301.00 $280.69 $1,308 +9.68
495 495 3 256.00 $256.00 $1,267
521–546 value added 525 32 273.00–277.00 $276.35 $1,451 +8.66
527 527 6 271.00 $271.00 $1,428 +3.17
550–582 566 8 254.00–255.00 $254.49 $1,440 -10.01
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
571–585 581 22 249.00–257.50 $254.84 $1,481
635 value added 635 58 255.50 $255.50 $1,622
643 643 17 236.00 $236.00 $1,517
696 696 4 240.50 $240.50 $1,674
Medium 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
497 497 8 263.00 $263.00 $1,307

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
406 406 3 299.00 $299.00 $1,214
531 531 4 270.00 $270.00 $1,434
556 556 6 274.00 $274.00 $1,523
710 710 3 227.00 $227.00 $1,612
808 808 3 207.00 $207.00 $1,673

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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.