Sale reports / Missouri / F&T Livestock Market / 2023-06-20

F&T Livestock Market

Feeder Cattle · Palmyra, Missouri · Tue, Jun 20
● Final39 lots reportedUSDA AMS · slug 1816
Receipts
965 head
▼ 320 vs last sale 1,285▲ 262 vs year ago 703 · +37.3%
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Reporter comment USDA

As filed

Compared to the auction from two weeks ago, feeder steers traded steady. Feeder heifers under 600 lbs 10.00-20.00 lower on a light test, with weights over 600 lbs steady to 5.00 higher. Order buyers were active which was welcome to see as many of the locals were out of the market. Northeast Missouri has had the worst spring drought since 1988. The hay crop has been on either side of 60 percent of normal and pastures are nearly gone with the calendar still showing June. Producers scrambling to secure hay or other feed sources and liquidation likely, especially at these prices. Demand was good and supply moderate to heavy.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $224.87/cwt on 311 head.
Average price
$224.87
311 head · 684 lb average
Value per head Derived
$1,537
Price × average weight ÷ 100
Grade differential Derived
−$533
per head · Medium 2 over Medium and Large 1-2
$17.29/cwt at this weight
vs the market
−3.09
vs MO average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 2444232.001,0309thin
Medium and Large 1671229.881,543198
Medium and Large 1-2728214.711,563104
One grade step is worth $17.29/cwt here — about −$533 a head. Across this sale the premium is widest at 0–100 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 0–100 lb

Same class and week · spot auction only
This sale311 hd
224.87
—
MO average16 barns · 11,181 hd
227.95
−3.09
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Every lot

39 lots · USDA AMS · F and T Livestock Market Feeder/Replacement Cattle - Palmyra, MO
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added. Grouped by class and set lightest first; USDA files them in sale-ring order.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers21 lots · lightest first
Steers—Medium and Large 1354281.00/cwt281.00–281.009954
Steers—Medium and Large 1Value Added398286.00/cwt286.00–286.001,1383
Steers—Medium and Large 1434286.35/cwt280.00–299.001,2439
Steers—Medium and Large 1486275.00/cwt273.00–282.001,33717
Steers—Medium and Large 1Value Added511277.28/cwt270.50–284.001,41716
Steers—Medium and Large 1530271.82/cwt268.50–275.001,44112
Steers—Medium and Large 1Value Added568275.87/cwt262.50–281.501,56714
Steers—Medium and Large 1-2568261.00/cwt261.00–261.001,4826
Steers—Medium and Large 1578267.18/cwt262.00–273.001,54428
Steers—Medium and Large 1608254.09/cwt249.00–256.001,54519
Steers—Medium and Large 1Value Added618257.00/cwt257.00–257.001,5886
Steers—Medium and Large 1653245.55/cwt242.50–248.001,6039
Steers—Medium and Large 1Value Added660251.75/cwt251.75–251.751,66232
Steers—Medium and Large 1-2664236.00/cwt236.00–236.001,5678
Steers—Medium and Large 1704242.00/cwt242.00–242.001,7049
Steers—Medium and Large 1Value Added723229.50/cwt229.50–229.501,6599
Steers—Medium and Large 1-2725220.20/cwt217.50–225.501,59626
Steers—Medium and Large 1769222.00/cwt222.00–222.001,7075
Steers—Medium and Large 1-2777214.00/cwt214.00–214.001,66310
Steers—Medium and Large 1-2Value Added794213.00/cwt213.00–213.001,6914
Steers—Medium and Large 1-2851210.50/cwt210.50–210.501,7917
Feeder Cattle · Heifers16 lots · lightest first
Heifers—Medium and Large 1Value Added387257.00/cwt257.00–257.009953
Heifers—Medium 2444232.00/cwt232.00–232.001,0309
Heifers—Medium and Large 1473246.12/cwt243.00–247.001,16414
Heifers—Medium and Large 1Value Added510243.00/cwt243.00–243.001,2396
Heifers—Medium and Large 1538241.00/cwt241.00–241.001,2978
Heifers—Medium and Large 1-2541232.00/cwt232.00–232.001,2555
Heifers—Medium and Large 1-2573230.00/cwt230.00–230.001,3183
Heifers—Medium and Large 1-2Value Added581234.00/cwt234.00–234.001,3605
Heifers—Medium and Large 1588230.00/cwt230.00–230.001,3523
Heifers—Medium and Large 1-2609224.91/cwt219.00–231.001,37012
Heifers—Medium and Large 1Value Added627228.50/cwt228.50–228.501,43320
Heifers—Medium and Large 1Value Added652223.50/cwt223.50–223.501,4575
Heifers—Medium and Large 1685222.13/cwt218.50–223.501,52242
Heifers—Medium and Large 1-2717211.71/cwt197.00–216.501,51812
Heifers—Medium and Large 1736228.93/cwt226.75–229.751,68597
Heifers—Medium and Large 1-2783210.00/cwt210.00–210.001,64467
Feeder Cattle · Bulls2 lots · lightest first
Bulls—Medium and Large 1-2710185.00/cwt185.00–185.001,31410
Bulls—Medium and Large 1-2858152.00/cwt152.00–152.001,3044

This sale against other markets

Missouri weighted averages
One sale is one barn on one day. The state ladder is every Missouri auction USDA reported that week, weighted by head — the fairer test of whether a lot sold well.