Cattle Market Pulse

F and T Livestock Market Feeder/Replacement Cattle Market Report

Palmyra, Missouri · USDA-reported Auction Livestock

Sale of Tuesday, June 23, 2026

756 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 steers $419.38/cwt +25.54 vs last sale · ≈ $2,969/hd at 708 lb · 84 head
light 6-weight M&L 1 steers $453.17/cwt +29.10 vs last sale · ≈ $2,829/hd at 624 lb · 75 head
light 6-weight M&L 1 heifers $404.40/cwt +9.89 vs last sale · ≈ $2,564/hd at 634 lb · 58 head
Palmyra 6-weight steers at $448/cwt are among the strongest in the state—$11/cwt above the MO average ($437)—though $8/cwt under Kingdom City ($456). Receipts ran 756 head. What this means — computed from this report and its neighbors
HeadThis saleLast saleLast year
Total receipts 756 968 592
Feeder cattle 756 968 592

Compared to the auction from two weeks ago, feeder steers and heifers 10.00-20.00 higher. Demand was very good with the yearling cattle recovering everything they lost about a month ago, and are now back to bumping record highs. June has been very wet in Northeast Missouri with rivers flooding some of the bottom ground and the hay harvest is at a complete standstill.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
358 358 3 640.00 $640.00 $2,291
458 458 3 532.50 $532.50 $2,439 +25.22
510–549 531 26 482.50–529.00 $508.68 $2,701 +35.81
587 value added 587 4 480.00 $480.00 $2,818 +6.66
611–623 617 43 452.50–469.00 $456.79 $2,818 +21.79
612–644 value added 634 32 440.00–467.50 $448.30 $2,842 +32.44
667–668 668 46 435.00–453.00 $440.86 $2,945 +21.94
675 value added 675 3 427.50 $427.50 $2,886 +6.50
701–740 706 74 405.00–423.50 $421.46 $2,976 +26.46
723 value added 723 10 404.00 $404.00 $2,921 +11.50
751 751 29 403.00 $403.00 $3,027 +27.00
813 813 4 355.00 $355.00 $2,886 +4.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
515 515 9 487.00 $487.00 $2,508 +11.94
666 666 4 432.50 $432.50 $2,880 +28.75
707–720 713 7 391.00–393.00 $391.87 $2,794
835 835 4 365.00 $365.00 $3,048

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
375 375 4 537.50 $537.50 $2,016 -17.50
428–437 433 4 487.50–505.00 $496.16 $2,148 +32.79
482 482 2 475.00 $475.00 $2,290 +5.06
506–540 529 19 455.00–460.00 $456.43 $2,415
560 560 4 425.00 $425.00 $2,380
576 value added 576 7 415.00 $415.00 $2,390 +26.00
614–636 value added 634 58 399.00–405.00 $404.40 $2,564 +9.89
652 value added 652 26 374.00 $374.00 $2,438 +3.00
654–689 672 12 399.00–400.50 $399.77 $2,686
700–709 704 21 370.00–393.00 $381.03 $2,682
758 758 14 353.00 $353.00 $2,676
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
554–556 555 14 422.50 $422.50 $2,345 +10.86
629 629 17 393.50 $393.50 $2,475 +24.02
668 668 3 369.00 $369.00 $2,465 +11.91
861 861 29 340.00 $340.00 $2,927 +27.50

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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.