Cattle Market Pulse

Four State Stockyards Market Report, Exeter, MO

Exeter, Missouri · USDA-reported Auction Livestock

Sale of Tuesday, September 1, 2026

354 head sold ·Official USDA report

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

heavy 6-weight M&L 1 steers $356.00/cwt ≈ $2,325/hd at 653 lb · 14 head

Receipts

HeadThis saleLast saleLast year
Total receipts 354 799 0
Feeder cattle 246 701 0
Slaughter cattle 90 62 0
Replacement cattle 18 36 0

Market comments — USDA reporter

Compared to last week, feeder steers and heifers were lightly tested with no "good" comparisons for a market trend. Slaughter cattle trading 4.00 to 8.00 lower with light demand. Hot temps for the week in the mid 90's are keeping the supply numbers lower along with market instability. Supply was light with moderate 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
238 238 2 555.00 $555.00 $1,321 —
345 345 3 432.00 $432.00 $1,490 -21.15
455–457 456 7 396.00–400.00 $397.14 $1,811 +0.80
548 548 2 361.00 $361.00 $1,978 -10.10
566–593 578 9 349.00–357.00 $353.00 $2,040 -11.94
650–698 682 9 330.00–344.00 $335.13 $2,286 -11.52
745 745 2 321.00 $321.00 $2,391 -11.36
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
315–330 321 7 520.00–542.00 $531.85 $1,707 +24.71
420–430 425 4 420.00–442.00 $431.13 $1,832 -11.17
538 538 4 382.00 $382.00 $2,055 —
653 653 14 356.00 $356.00 $2,325 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
284 284 4 430.00 $430.00 $1,221 —
395 395 2 400.00 $400.00 $1,580 —
403–448 426 6 392.00–396.00 $394.11 $1,679 —
520 520 2 335.00 $335.00 $1,742 +19.00
Medium 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
470–475 472 3 340.00–349.00 $343.02 $1,619 —

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Feeder Heifers

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310 310 2 400.00 $400.00 $1,240 -10.00
378–390 383 7 380.00–400.00 $388.72 $1,489 -15.28
410–435 423 2 330.00–371.00 $349.89 $1,480 -19.61
455–485 466 5 320.00–352.00 $332.35 $1,549 -32.65
510–535 522 7 321.00–338.00 $331.07 $1,728 -0.41
558–581 573 6 321.00–328.00 $323.27 $1,852 -6.73
729 729 8 315.00 $315.00 $2,296 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
525 525 2 310.00 $310.00 $1,628 —
585–595 592 4 300.00–305.00 $303.26 $1,795 -4.74
603–625 610 4 289.00–299.00 $292.55 $1,785 —
651–678 663 9 301.00–309.00 $306.16 $2,030 —
703–715 707 3 286.00–299.00 $294.62 $2,083 -5.38
941 941 4 241.00 $241.00 $2,268 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
370 370 2 457.00 $457.00 $1,691 +29.22
403–415 409 4 400.00–402.00 $401.01 $1,640 +16.01
455–465 460 4 360.00–380.00 $369.89 $1,701 -4.11
Medium 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
465–485 475 2 300.00–320.00 $310.21 $1,473 —

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Feeder Bulls

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310 310 2 555.00 $555.00 $1,720 +68.00
408 408 4 400.00 $400.00 $1,632 -20.38
455–465 460 6 370.00–395.00 $385.70 $1,774 -15.92
500–513 507 6 351.00–395.00 $373.28 $1,893 +14.26
567–580 572 5 333.00–358.00 $347.86 $1,990 -16.82
637 637 5 326.00 $326.00 $2,077 —
700–728 718 5 296.00–300.00 $298.00 $2,140 -19.02
855 855 3 271.00 $271.00 $2,317 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
520 520 4 347.00 $347.00 $1,804 +10.00

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
825–1280 997 85-90% 17 100.00–120.00 $107.31 $1,070 —
915–1205 1044 85-90% 11 125.00–135.00 $129.06 $1,347 —
1035–1340 1188 85-90% 2 91.00–96.00 $93.82 $1,115 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1420–1458 1445 75-80% 3 130.00–138.00 $132.62 $1,916 —
1460 1460 75-80% 1 162.00 $162.00 $2,365 —
1385–1770 1576 75-80% 14 142.00–151.00 $144.59 $2,279 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1175–1475 1251 80-85% 16 135.00–156.00 $144.70 $1,810 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1195 1195 1 230.00 $230.00 $2,748 —
1300–1885 1617 5 156.00–175.00 $164.92 $2,667 —
1500–2210 1749 5 179.00–200.00 $189.33 $3,311 +2.83

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Stock Cows

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
832–895 856 Young (2-4 yrs)Open 5 255.00–281.00 $272.24 $2,330

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
870–1070 970 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 2 2,800.00–2,850.00 $2,822.42
1135 1135 Middle Aged/Aged (>5 yrs)2nd/3rd Stage (4-9 mo) 1 1,950.00 $1,950.00
1210–1440 1325 Middle Aged/Aged (>5 yrs)1st Stage (1-3 mo) 2 2,200.00–2,225.00 $2,213.58
1390 1390 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 1 2,300.00 $2,300.00
1225–1595 1401 Young/Middle Aged (2-8 yrs)2nd/3rd Stage (4-9 mo) 5 2,025.00–3,100.00 $2,564.08
1438 1438 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 2 2,100.00 $2,100.00

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Dairy Steers

Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
723 723 4 160.00 $160.00 $1,157 —

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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.