Cattle Market Pulse

Four State Stockyards Market Report, Exeter, MO

Exeter, Missouri · USDA-reported Auction Livestock

Sale of Tuesday, October 20, 2026

1,387 head sold ·Official USDA report

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

light 9-weight M&L 1 steers $323.00/cwt +3.00 vs last sale · ≈ $2,988/hd at 925 lb · 63 head
light 8-weight M&L 1 steers $340.25/cwt +6.25 vs last sale · ≈ $2,797/hd at 822 lb · 51 head
heavy 5-weight M&L 1-2 steers $377.82/cwt -0.38 vs last sale · ≈ $2,192/hd at 580 lb · 51 head

Receipts

HeadThis saleLast saleLast year
Total receipts 1,387 1,112 1,156
Feeder cattle 1,158 1,112 1,014
Slaughter cattle 170 — 107
Replacement cattle 59 — 35

Market comments — USDA reporter

Compared to last week, feeder steers under 550 lbs sold 10.00 to 35.00 higher. 6 to up to 7 weights sold steady and the heavier weights were selling steady to 5.00 higher. On the heifer side, compared to last week they sold steady with a few spots up to 7.00 higher. Supply was moderate, with several loads of yearlings in the offering. Demand was very good. Slaughter cows and bulls sold 1.00 to 3.00 higher.

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
303–327 317 5 520.00–552.00 $539.78 $1,711 —
500–510 505 4 428.00–431.00 $429.49 $2,169 +19.42
576 576 4 390.00 $390.00 $2,246 -17.00
605 unweaned 605 13 388.00 $388.00 $2,347 ±0.00
615–642 630 18 392.00–393.00 $392.57 $2,473 +3.26
658 unweaned 658 4 360.00 $360.00 $2,369 —
660–682 665 43 359.00–372.00 $367.22 $2,442 —
773 773 12 342.50 $342.50 $2,648 +0.50
822 822 51 340.25 $340.25 $2,797 +6.25
925 925 63 323.00 $323.00 $2,988 +3.00
981 981 36 317.75 $317.75 $3,117 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
385 385 3 452.00 $452.00 $1,740 +15.35
390 unweaned 390 3 437.00 $437.00 $1,704 —
408–411 410 13 427.00–450.00 $432.37 $1,773 +15.01
405–424 unweaned 418 9 404.00–410.00 $405.94 $1,697 —
465–481 469 16 390.00–432.00 $400.77 $1,880 +1.06
513–533 unweaned 522 7 371.00–401.00 $387.86 $2,025 +7.86
518–543 529 18 366.00–400.00 $383.60 $2,029 -10.51
568 unweaned 568 3 385.00 $385.00 $2,187 —
558–594 581 48 362.00–388.00 $377.37 $2,193 -0.83
600–641 627 40 330.00–367.00 $361.12 $2,264 -9.79
658–685 672 28 336.00–349.00 $340.46 $2,288 -0.08
735–748 742 26 325.00–340.00 $331.57 $2,460 -4.20
822 822 5 313.00 $313.00 $2,573 —
880 880 2 310.00 $310.00 $2,728 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
307 307 3 400.00 $400.00 $1,228 —
405–444 427 7 378.00–400.00 $391.06 $1,670 —
467–497 481 9 350.00–374.00 $361.19 $1,737 -8.81
512–521 518 17 350.00–368.00 $364.86 $1,890 —
565–582 573 11 345.00–355.00 $349.62 $2,003 —
628 unweaned 628 3 315.00 $315.00 $1,978 —
723 723 3 310.00 $310.00 $2,241 —

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Feeder Heifers

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
288 288 5 500.00 $500.00 $1,440 —
306 unweaned 306 5 392.00 $392.00 $1,200 —
383 383 4 390.00 $390.00 $1,494 -14.46
417–449 434 25 361.00–379.00 $372.86 $1,618 -9.35
483–496 492 20 351.00–361.00 $355.00 $1,747 -10.49
502–545 511 32 340.00–351.00 $346.21 $1,769 +8.98
518–539 unweaned 535 11 340.00–346.00 $344.94 $1,845 —
560–578 570 26 333.00–349.00 $339.78 $1,937 +13.91
630 unweaned 630 2 331.00 $331.00 $2,085 +8.00
620–646 639 28 312.00–339.00 $326.16 $2,084 +6.50
652–693 676 41 312.00–335.00 $317.19 $2,144 —
775 775 4 290.00 $290.00 $2,248 —
805 805 5 300.00 $300.00 $2,415 —
858–880 864 16 271.00–293.00 $276.61 $2,390 —
935 935 3 260.00 $260.00 $2,431 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
348 348 4 432.00 $432.00 $1,503 —
422–425 unweaned 424 6 389.00–395.00 $392.01 $1,662 —
554 unweaned 554 6 353.00 $353.00 $1,956 —
593–594 593 14 355.00–362.00 $359.00 $2,129 —
672 672 5 338.00 $338.00 $2,271 —
716–720 718 27 333.00–334.00 $333.52 $2,395 -5.48
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
390 390 4 386.00 $386.00 $1,505 —
440 440 3 351.00 $351.00 $1,544 —
472–473 473 12 350.00–351.00 $350.75 $1,659 +13.83
500–538 524 9 330.00–340.00 $333.18 $1,746 —
647 647 3 311.00 $311.00 $2,012 +10.00
747 747 3 309.00 $309.00 $2,308 +6.48
924–945 933 9 230.00 $230.00 $2,146 -17.00

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Feeder Bulls

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
318 318 2 430.00 $430.00 $1,367 -80.00
381 unweaned 381 6 436.00 $436.00 $1,661 —
398 398 2 400.00 $400.00 $1,592 —
405–443 411 21 390.00–440.00 $410.61 $1,688 -30.39
453–484 471 10 359.00–390.00 $380.67 $1,793 -16.33
518 518 2 321.00 $321.00 $1,663 -50.23
555–593 581 34 320.00–359.00 $344.91 $2,004 -4.00
663 663 2 321.00 $321.00 $2,128 —
702–738 716 8 270.00–290.00 $282.26 $2,021 -25.74
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
633 633 2 301.00 $301.00 $1,905 —
657 657 3 296.00 $296.00 $1,945 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1060–1115 1087 80-85% 3 145.00–148.00 $147.02 $1,598 —
1055–1285 1192 80-85% 27 120.00–144.00 $133.43 $1,590 —
1225–1300 1270 80-85% 4 116.00–119.00 $117.51 $1,492 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1370–1405 1387 75-80% 3 147.00–149.00 $148.00 $2,053 —
1295–1840 1472 75-80% 25 127.00–143.00 $134.16 $1,975 —
1445–1535 1490 75-80% 2 120.00–125.00 $122.58 $1,826 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
930–1000 965 85-90% 2 140.00–145.00 $142.59 $1,376 —
968–1135 1017 85-90% 4 120.00–123.00 $121.43 $1,235 —
920–1165 1039 85-90% 12 80.00–117.00 $101.13 $1,051 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1535–1980 1751 4 160.00–166.00 $164.19 $2,875 —
1120–2215 1792 10 170.00–192.00 $180.65 $3,237 —
2110 2110 1 204.00 $204.00 $4,304 —

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Stock Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
875–1180 1026 Young (2-4 yrs)Open 11 1,700.00–2,575.00 $2,186.16
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1150–1193 1179 Young/Middle Aged (2-8 yrs)Open 3 153.00–170.00 $164.47 $1,939
1215–1365 1290 Young (2-4 yrs)Open 2 151.00–154.00 $152.41 $1,966

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1025 1025 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 1 1,685.00 $1,685.00
1108 1108 Middle Aged/Aged (>5 yrs)1st Stage (1-3 mo) 3 2,050.00 $2,050.00
1133 1133 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 2 2,500.00 $2,500.00
1025–1455 1168 Young/Middle Aged (2-8 yrs)1st Stage (1-3 mo) 3 1,600.00–2,800.00 $2,428.32
1063–1340 1191 Middle Aged/Aged (>5 yrs)2nd/3rd Stage (4-9 mo) 8 2,000.00–2,800.00 $2,480.29
1110–1630 1303 Young/Middle Aged (2-8 yrs)2nd/3rd Stage (4-9 mo) 7 2,350.00–3,250.00 $2,908.11

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Bred Heifers

Medium 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
700–855 748 (<2 yrs)1st Stage (1-3 mo) 4 1,700.00–2,100.00 $1,973.08
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
890 890 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 2 2,000.00 $2,000.00
1075 1075 Young (2-4 yrs)1st Stage (1-3 mo) 1 2,300.00 $2,300.00

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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 Middle Aged/Aged (>5 yrs)Open 2 2,800.00 $2,800.00 —
1185–1500 1391 Middle Aged/Aged (>5 yrs)Open 9 3,000.00–3,300.00 $3,044.44 —
1685 1685 Young/Middle Aged (2-8 yrs)Open 1 3,500.00 $3,500.00 —

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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.