Cattle Market Pulse

Four State Stockyards Market Report

Exeter, Missouri · USDA-reported Auction Livestock

Sale of Tuesday, March 3, 2026

1,625 head sold ·Official USDA report

This is an archived report. See the latest Four State Stockyards report →

heavy 5-weight M&L 1 steers $458.44/cwt -2.94 vs last sale · ≈ $2,609/hd at 569 lb · 67 head
heavy 4-weight M&L 1-2 steers $496.77/cwt -18.88 vs last sale · ≈ $2,367/hd at 477 lb · 67 head
heavy 6-weight M&L 1 steers $427.92/cwt +5.52 vs last sale · ≈ $2,811/hd at 657 lb · 56 head

Receipts

HeadThis saleLast saleLast year
Total receipts 1,625 2,169 0
Feeder cattle 1,446 2,072 0
Slaughter cattle 89 78 0
Replacement cattle 90 19 0

Market comments — USDA reporter

Compared to last week, steers and heifers sold steady to 10.00 lower, Supply was moderate and included several nice consignments of weaned calves and yearlings. Overall demand was good today, the market did take a slight downturn from the previous sale do to the uncertainty in the global markets from the conflict abroad but seemed to level off in today's trading. Slaughter cows and bulls sold mostly steady, Top slaughter bull 1825# @ 235.00 . A good selection of bred cows with all pregnancy stages and ages were also in the offering this evening with very good demand.

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
333–342 337 8 560.00–590.00 $575.63 $1,940 +25.63
352–386 375 16 492.00–602.00 $557.19 $2,089 -9.66
406 unweaned 406 11 492.50 $492.50 $2,000 —
403–435 415 31 471.00–540.00 $490.98 $2,038 —
458–498 476 61 484.00–525.00 $497.04 $2,366 -18.61
482 unweaned 482 6 494.00 $494.00 $2,381 —
501–540 523 22 437.00–485.00 $462.86 $2,421 -3.31
556–596 569 46 413.00–441.00 $426.42 $2,426 -23.03
605–640 624 11 390.00–405.00 $398.22 $2,485 -11.87
652–668 660 55 389.00–399.00 $393.49 $2,597 +8.49
721 721 21 361.00 $361.00 $2,603 -29.87
787 787 13 349.00 $349.00 $2,747 -23.86
807 807 7 350.00 $350.00 $2,824 -7.50
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
293–295 294 5 660.00–685.00 $670.04 $1,970 -28.15
325 325 8 630.00 $630.00 $2,048 +10.00
350–395 370 17 570.00–617.00 $599.72 $2,219 -23.49
412 unweaned 412 6 562.00 $562.00 $2,315 —
438 438 3 567.00 $567.00 $2,483 -26.49
466–484 478 43 527.00–547.00 $532.22 $2,544 -24.62
502–531 523 36 491.00–580.00 $524.73 $2,744 -9.07
512–541 unweaned 533 11 450.00–500.00 $463.10 $2,468 —
564–574 569 67 449.00–469.00 $458.44 $2,609 -2.94
619–635 623 19 420.00–440.00 $425.36 $2,650 -11.33
652–663 657 56 420.00–436.00 $427.92 $2,811 +5.52
715–736 725 9 390.00–395.00 $392.41 $2,845 -2.41
758–760 759 11 364.00–376.00 $372.73 $2,829 -9.25
826 826 6 351.00 $351.00 $2,899 -10.15
984 984 6 324.00 $324.00 $3,188 —
Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
442 442 4 470.00 $470.00 $2,077 —
502 502 3 488.00 $488.00 $2,450 —
578 578 10 386.00 $386.00 $2,231 —
711 711 15 388.00 $388.00 $2,759 —
771 771 8 365.00 $365.00 $2,814 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
398 398 3 445.00 $445.00 $1,771 —
405–408 406 8 452.00–457.50 $456.12 $1,852 —
490 490 2 410.00 $410.00 $2,009 —
502–530 521 10 400.00–431.00 $417.02 $2,173 -19.98
655 655 3 374.00 $374.00 $2,450 -3.00
682 682 3 340.00 $340.00 $2,319 -37.00
780 780 3 330.00 $330.00 $2,574 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
495 495 5 360.00 $360.00 $1,782 —
507 507 5 363.00 $363.00 $1,840 —
575–592 578 16 361.00–367.00 $362.15 $2,093 —
675 675 2 340.00 $340.00 $2,295 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
261–263 262 13 622.50–635.00 $628.29 $1,646 +38.29
324 324 11 567.00 $567.00 $1,837 +12.00
339 unweaned 339 15 553.00 $553.00 $1,875 —
350–375 365 5 505.00–527.00 $513.44 $1,874 -44.45
416 unweaned 416 10 460.00 $460.00 $1,914 -7.00
433 433 9 472.00–480.00 $474.67 $2,055 -45.65
456 unweaned 456 8 455.00 $455.00 $2,075 —
463–498 472 37 447.00–467.00 $454.99 $2,148 -27.32
524–529 528 24 447.00 $447.00 $2,360 -12.60
571 unweaned 571 5 407.00 $407.00 $2,324 —
557–585 572 21 412.00–455.00 $430.16 $2,461 +15.16
620 620 3 403.00 $403.00 $2,499 -9.40
655 655 6 374.00 $374.00 $2,450 -11.44
660–670 663 15 366.00–392.00 $376.05 $2,493 -9.39
684 684 5 410.00 $410.00 $2,804 +24.56
717 717 3 358.00 $358.00 $2,567 -16.65
703–729 719 15 388.00–396.00 $391.13 $2,812 +16.48
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
278 278 3 600.00 $600.00 $1,668 +60.00
385–399 395 19 480.00–497.00 $486.00 $1,920 -14.75
416 416 5 460.00 $460.00 $1,914 +20.00
435 unweaned 435 4 438.00 $438.00 $1,905 —
452–489 479 23 410.00–436.00 $427.56 $2,048 -2.44
500–523 514 5 370.00–401.00 $382.07 $1,964 -44.24
551–586 576 22 371.00–393.00 $379.76 $2,187 -24.82
629 629 8 359.00 $359.00 $2,258 -25.00
675 675 3 340.00 $340.00 $2,295 -26.59
737 737 14 333.00 $333.00 $2,454 -6.00
777 777 3 326.00 $326.00 $2,533 —
892 892 6 314.00 $314.00 $2,801 —
1012 1012 5 270.00 $270.00 $2,732 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
354 unweaned 354 12 462.00 $462.00 $1,635 —
370–398 380 15 410.00–467.00 $434.03 $1,649 —
420–449 433 9 400.00–410.00 $404.61 $1,752 -5.39
449 unweaned 449 15 417.00 $417.00 $1,872 —
455–482 468 20 350.00–407.00 $383.24 $1,794 -22.94
481–491 unweaned 486 11 370.00–380.00 $374.49 $1,820 —
500–508 504 4 340.00–380.00 $360.16 $1,815 —
548 548 3 355.00 $355.00 $1,945 -33.00
560–578 570 12 320.00–365.00 $345.90 $1,972 -13.64
596 596 4 343.00 $343.00 $2,044 -16.54
640 640 6 330.00 $330.00 $2,112 +0.55
718 718 5 310.00 $310.00 $2,226 —
775 775 3 310.00 $310.00 $2,402 -12.00
Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
466 466 4 376.50 $376.50 $1,754 —
558 558 8 370.00 $370.00 $2,065 —

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Feeder Bulls

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325–348 338 8 515.00–585.00 $557.98 $1,886 —
402–444 427 22 500.00–540.00 $521.95 $2,229 -40.68
427 unweaned 427 17 500.00 $500.00 $2,135 —
468–495 483 28 442.00–504.00 $491.27 $2,373 —
509 unweaned 509 20 417.00 $417.00 $2,123 —
552–590 568 9 365.00–410.00 $384.56 $2,184 —
602–611 608 12 380.00–395.00 $389.58 $2,369 +2.43
654 654 5 357.00 $357.00 $2,335 +5.00
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
295 295 2 640.00 $640.00 $1,888 —
305–325 315 6 635.00–680.00 $656.79 $2,069 —
452–472 465 6 527.00 $527.00 $2,451 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1215–1217 1217 80-85% 4 120.00–143.00 $125.74 $1,530 -13.26
1055–1375 1229 80-85% 14 155.00–169.00 $159.87 $1,965 +20.87
1248–1310 1272 80-85% 5 170.00–171.00 $170.79 $2,172 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
872–1128 1002 85-90% 9 95.00–128.00 $110.15 $1,104 -55.16
925–1060 1010 85-90% 13 131.00–146.00 $140.44 $1,418 -24.87
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1310–1750 1430 75-80% 10 162.00–169.50 $165.66 $2,369 +2.00
1420–1440 1430 75-80% 2 170.00–171.00 $170.50 $2,438 +6.84

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1635 1635 1 186.00 $186.00 $3,041 —
1415–1960 1678 13 192.00–221.00 $205.09 $3,441 —
1825 1825 1 235.00 $235.00 $4,289 +65.14

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Stock Cows

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
855–875 865 (<2 yrs)Open 2 245.00–265.00 $255.12 $2,207
890–1042 1003 Young/Middle Aged (2-8 yrs)Open 7 241.00–271.00 $247.29 $2,480
815–1350 1041 Young (2-4 yrs)Open 8 191.00–288.00 $233.56 $2,431

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1000–1240 1120 Young/Middle Aged (2-8 yrs)2nd/3rd Stage (4-9 mo) 2 3,650.00–3,900.00 $3,761.61
1040–1288 1186 Middle Aged/Aged (>5 yrs)1st Stage (1-3 mo) 18 2,200.00–3,150.00 $2,556.48
1175–1240 1212 Young/Middle Aged (2-8 yrs)1st Stage (1-3 mo) 3 2,550.00–3,450.00 $3,008.73
1140–1290 1219 Middle Aged/Aged (>5 yrs)2nd/3rd Stage (4-9 mo) 9 2,700.00–3,700.00 $3,079.04
Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1309–1380 1318 Middle Aged/Aged (>5 yrs)1st Stage (1-3 mo) 8 2,750.00–2,975.00 $2,945.55
1310–1400 1342 Young/Middle Aged (2-8 yrs)2nd/3rd Stage (4-9 mo) 3 3,250.00–3,650.00 $3,432.86
1430 1430 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 1 3,000.00 $3,000.00
1310–1695 1495 Middle Aged/Aged (>5 yrs)2nd/3rd Stage (4-9 mo) 15 2,800.00–3,600.00 $3,364.39
Medium 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
810 810 Middle Aged/Aged (>5 yrs)2nd/3rd Stage (4-9 mo) 1 2,000.00 $2,000.00
865–970 918 Young/Middle Aged (2-8 yrs)1st Stage (1-3 mo) 2 2,200.00–2,400.00 $2,305.72
910–965 938 Young/Middle Aged (2-8 yrs)2nd/3rd Stage (4-9 mo) 2 3,100.00–3,550.00 $3,331.60
970 970 Middle Aged/Aged (>5 yrs)1st Stage (1-3 mo) 1 2,000.00 $2,000.00

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Cow-Calf Pairs

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1195 1195 Young/Middle Aged (2-8 yrs)Open 1 3,600.00 $3,600.00 —

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Reading this report

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.