Cattle Market Pulse

Four State Stockyards Market Report, Exeter, MO

Exeter, Missouri · USDA-reported Auction Livestock

Sale of Tuesday, August 25, 2026

799 head sold ·Official USDA report

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

heavy 7-weight M&L 1-2 heifers $316.18/cwt +7.18 vs last sale · ≈ $2,403/hd at 760 lb · 44 head
light 8-weight M&L 1-2 steers $320.00/cwt -11.87 vs last sale · ≈ $2,717/hd at 849 lb · 41 head
heavy 4-weight M&L 1-2 heifers $365.00/cwt -33.45 vs last sale · ≈ $1,730/hd at 474 lb · 27 head

Receipts

HeadThis saleLast saleLast year
Total receipts 799 697 0
Feeder cattle 701 500 0
Slaughter cattle 62 108 0
Replacement cattle 36 89 0

Market comments — USDA reporter

Compared to the last sale recorded two weeks ago, steers and heifers sold sharply lower with a weak to lower undertone. Demand was moderate on a light to moderate supply. Slaughter cows and bulls sold 10.00 to 20.00 lower on a light supply in the offering. With the statements released by the President for more imported beef coming into the US, the cattle future markets have started the week off with big declines.

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
305–347 330 5 450.00–455.00 $453.15 $1,495 -83.45
380–392 387 7 423.00–429.00 $426.98 $1,652 -86.84
423 423 3 417.00 $417.00 $1,764 —
450–498 478 15 391.00–407.00 $396.34 $1,895 -54.68
516–521 518 13 368.00–376.00 $371.10 $1,922 -39.18
556–558 557 13 350.00–379.50 $364.94 $2,033 —
609–631 620 8 353.00–358.00 $355.54 $2,204 -31.16
660–670 667 17 346.50–347.00 $346.65 $2,312 -17.35
712–748 740 27 330.00–333.00 $332.36 $2,459 —
849 849 41 320.00 $320.00 $2,717 -11.87
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–348 331 7 490.00–522.00 $507.14 $1,679 -121.45
360–382 373 5 460.00–462.00 $461.23 $1,720 -86.79
409–435 426 17 440.00–450.00 $442.30 $1,884 -57.93
453–484 474 15 422.00–444.00 $427.87 $2,028 -45.10
557 557 3 380.00 $380.00 $2,117 -31.30
701 701 8 344.00 $344.00 $2,411 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
478–488 484 6 371.00–387.00 $380.64 $1,842 -13.36
546 546 10 316.00 $316.00 $1,725 —
581–594 589 18 305.00–344.00 $321.33 $1,893 —
797 797 3 307.00 $307.00 $2,447 —

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Feeder Heifers

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
335 335 2 410.00 $410.00 $1,374 -41.63
398–399 399 6 400.00–406.00 $404.00 $1,612 -33.62
408–448 434 12 361.00–385.00 $369.50 $1,604 —
452–494 474 27 355.00–373.00 $365.00 $1,730 -33.45
527–539 535 8 330.00–334.00 $331.48 $1,773 -38.70
570 570 5 330.00 $330.00 $1,881 -28.46
605–646 632 23 322.00–333.00 $327.15 $2,068 —
759–764 760 44 314.50–316.50 $316.18 $2,403 +7.18
850–892 862 22 257.00–285.50 $281.75 $2,429 —
1010 1010 2 230.00 $230.00 $2,323 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
312–340 323 5 457.00–465.00 $460.37 $1,487 -48.65
372–388 380 7 416.00–447.00 $427.78 $1,626 -72.46
416 416 5 385.00 $385.00 $1,602 -62.96
462 462 7 374.00 $374.00 $1,728 -49.14
548 548 6 348.00 $348.00 $1,907 -48.72
554 554 9 355.00 $355.00 $1,967 —
617–628 626 15 339.00–341.00 $340.61 $2,132 —
655 655 9 334.00 $334.00 $2,188 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405 405 3 350.00 $350.00 $1,418 —
472 472 6 330.00 $330.00 $1,558 —
573 573 6 308.00 $308.00 $1,765 —
647 647 6 270.00 $270.00 $1,747 —
702 702 2 300.00 $300.00 $2,106 —
765 765 2 293.00 $293.00 $2,241 —

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Feeder Bulls

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305 305 2 487.00 $487.00 $1,485 —
392 392 3 412.00 $412.00 $1,615 -56.09
402–420 411 6 415.00–426.00 $420.38 $1,728 -70.62
458–498 478 10 382.00–420.00 $401.62 $1,920 -12.23
505–520 515 6 357.00–360.00 $359.02 $1,849 -68.64
526 unweaned 526 7 371.00 $371.00 $1,951 —
552–592 568 19 334.00–530.00 $364.68 $2,071 -1.47
648 unweaned 648 2 341.00 $341.00 $2,210 —
675 675 2 308.00 $308.00 $2,079 -24.73
722–744 737 9 315.00–318.00 $317.02 $2,336 -2.98
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
425–442 434 4 375.00–382.00 $378.43 $1,642 —
525 525 4 337.00 $337.00 $1,769 —
598 unweaned 598 2 323.00 $323.00 $1,932 —
635–648 642 4 310.00–323.00 $316.43 $2,031 —
656 656 6 285.00 $285.00 $1,870 —
712 712 2 290.00 $290.00 $2,065 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1180 1180 80-85% 1 163.00 $163.00 $1,923 -8.06
1035–1390 1210 80-85% 17 140.00–162.00 $151.63 $1,835 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1055 1055 85-90% 1 110.00 $110.00 $1,160 —
845–1165 1069 85-90% 6 143.00–148.00 $144.72 $1,547 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1335–1450 1369 75-80% 4 150.00–166.00 $157.12 $2,151 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1695 1695 1 200.00 $200.00 $3,390 —
1480–1935 1716 4 186.00–187.00 $186.50 $3,200 —
1270–2360 1843 6 159.00–179.00 $171.70 $3,164 —

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Stock Cows

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
910–1235 1073 Young (2-4 yrs)Open 2 204.00–212.00 $207.39 $2,225

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Bred Cows

Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1390 1390 Middle Aged/Aged (>5 yrs)3rd Stage (7-9 mo) 1 2,900.00 $2,900.00
1325–1442 1403 Aged (>8 yrs)2nd Stage (4-6 mo) 3 2,750.00 $2,750.00
1405 1405 Young/Middle Aged (2-8 yrs)1st Stage (1-3 mo) 1 3,400.00 $3,400.00
1410 1410 Middle Aged/Aged (>5 yrs)1st Stage (1-3 mo) 1 2,600.00 $2,600.00
1425 1425 Young/Middle Aged (2-8 yrs)2nd Stage (4-6 mo) 1 3,150.00 $3,150.00
1432–1475 1446 Middle Aged/Aged (>5 yrs)2nd Stage (4-6 mo) 3 3,000.00–3,400.00 $3,264.02
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
950–1100 1025 Young/Middle Aged (2-8 yrs)1st Stage (1-3 mo) 2 2,850.00–3,200.00 $3,037.80
1050–1250 1160 Young/Middle Aged (2-8 yrs)3rd Stage (7-9 mo) 4 2,800.00–4,100.00 $3,686.75
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1025 1025 Young/Middle Aged (2-8 yrs)3rd Stage (7-9 mo) 1 2,400.00 $2,400.00
1225–1240 1233 Aged (>8 yrs)3rd Stage (7-9 mo) 2 1,925.00–2,500.00 $2,214.25
1250 1250 Young/Middle Aged (2-8 yrs)1st Stage (1-3 mo) 2 2,000.00 $2,000.00
Medium 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
895 895 Young/Middle Aged (2-8 yrs)1st Stage (1-3 mo) 1 2,050.00 $2,050.00

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Bred Heifers

Medium 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
930 930 Young (2-4 yrs)1st Stage (1-3 mo) 1 3,200.00 $3,200.00
Medium 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
890 890 Young (2-4 yrs)1st Stage (1-3 mo) 1 2,250.00 $2,250.00

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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
1250 1250 Young/Middle Aged (2-8 yrs)1st Stage (1-3 mo) 1 4,600.00 $4,600.00 +1,600.00
1300 1300 Middle Aged/Aged (>5 yrs)Open 1 3,500.00 $3,500.00 ±0.00
1300 1300 Young/Middle Aged (2-8 yrs)2nd Stage (4-6 mo) 1 5,100.00 $5,100.00 +1,600.00
1300 1300 Aged (>8 yrs)Open 1 3,025.00 $3,025.00 -475.00
Medium 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
980 980 Young (2-4 yrs)Open 1 4,500.00 $4,500.00 —
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1350 1350 Young/Middle Aged (2-8 yrs)1st Stage (1-3 mo) 1 3,800.00 $3,800.00 —

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Heifer Pairs

Medium 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
875 875 (<2 yrs)Open 2 3,800.00 $3,800.00 —
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
975–1300 1138 Young (2-4 yrs)Open 2 3,750.00–3,800.00 $3,775.00 —

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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.