Sale reports / Kentucky / Lexington Livestock Auction - Kentucky / 2024-03-12

Lexington Livestock Auction - Kentucky

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Lexington, Kentucky · Tue, Mar 12
● Final87 lots reportedUSDA AMS · slug 2128
Feeder Cattle receipts
1,048 head
307 vs last sale 741 168 vs year ago 880 · +19.1%
Slaughter Cattle receipts
63 head
1 vs last sale 62 12 vs year ago 75 · 16.0%
Replacement Cattle receipts
6 head
5 vs last sale 1 2 vs year ago 4 · +50.0%
View

Reporter comment USDA

As filed

Compared to last Tuesday good quality weaned steer packages traded sharply higher with very good demand. Yearling steers sold 5.00 to 10.00 higher; some sharply higher in a limited comparison. Feeder heifers sold 5.00 to 10.00 higher; some good quality weaned 400-600 lb packages traded sharply higher with very good demand. Active market with an attractive quality offering. Slaughter cows sold 2.00 to 5.00 higher with very good demand. Slaughter bulls sold 5.00 higher with very good demand.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $316.34/cwt on 61 head. That ranks 1 of 31 comparable sales and sits 145.21 against this barn's trailing median of $461.54.
Average price
$316.34
61 head · 544 lb average
Value per head Derived
$1,722
Price × average weight ÷ 100
Grade differential Derived
$224
per head · Medium and Large 1-2 over Medium and Large 2-3
$66.36/cwt at this weight
vs the market
+19.24
vs KY average
+0.27 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2542318.861,72758
Large 1-2597275.001,6422thin
Medium and Large 2-3595252.501,5021thin
One grade step is worth $66.36/cwt here — about $224 a head. Across this sale the premium is widest at 500–600 lb. USDA reports each grade on its own line and never publishes the spread.

This barn's trailing prices 500–600 lb

31 sales
515467419371median 461.5412/1602/2404/2106/1608/18
Steers 500–600 lb: high $500.70, low $384.59, median $461.54 across 31 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

How it compared 500–600 lb

Same class and week · spot auction only
This sale61 hd
316.34
KY average24 barns · 1,099 hd
297.10
+19.24
National average167 barns · 13,796 hd
316.07
+0.27
This barn, trailing median31 sales
461.54
−145.21
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Slaughter cattle

By class and quality grade · $/cwt
Cull cows and bulls are graded, not weight-classed — grade is what moves the money here.
ClassGradeDressingAvg wt$/cwt$/headHead
BullsHigh1,649145.562,4007thin
CowsBoner 80-85%High1,308122.081,59619
CowsBreaker 75-80%High1,410121.981,72024
CowsLean 85-90%Very Low1,066105.261,12311

Replacement cattle Per head

By class, stage and age
Bred stock and pairs are reported per head, not per hundredweight — these prices are never mixed with the $/cwt figures above.
ClassStageAgeAvg wt$/headHead
Bred Cows2nd Stage (4-6 mo)Young/Middle Aged (2-8 yrs)1,430$1,8722thin

Every lot, as filed

87 lots · USDA AMS · Blue Grass Stockyards (Tuesday) - Lexington, KY
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
BullsMedium and Large 1-2Value Added500–550506306.08/cwt303.00–315.001,5494
BullsMedium and Large 1-2Value Added450–500469347.53/cwt313.00–375.001,6304
SteersMedium and Large 1-21050–11001,091203.00/cwt203.00–203.002,2154
HeifersMedium and Large 1-2Value Added900–950910219.00/cwt219.00–219.001,9931
SteersMedium and Large 1-2Value Added250–300282325.00/cwt325.00–325.009172
HeifersMedium and Large 1-2450–500460240.00/cwt240.00–240.001,1041
SteersMedium and Large 1-2950–1000955204.00/cwt204.00–204.001,9482
SteersMedium and Large 1-2450–500482269.00/cwt269.00–269.001,2972
SteersMedium and Large 1-2650–700695241.00/cwt241.00–241.001,6751
SteersMedium and Large 1-2Value Added500–550535325.37/cwt306.00–337.001,74147
HeifersMedium and Large 1-2Value Added600–650629251.22/cwt238.00–255.001,58042
BullsMedium and Large 1-2750–800770205.00/cwt205.00–205.001,5791
SteersMedium and Large 1-2550–600550270.00/cwt270.00–270.001,4851
HeifersMedium and Large 1-2850–900875182.00/cwt182.00–182.001,5931
SteersMedium and Large 1-2350–400363310.00/cwt310.00–310.001,1253
SteersMedium and Large 1-2Value Added300–350311364.98/cwt337.50–380.001,1353
HeifersMedium and Large 1-2Value Added750–800762229.62/cwt229.00–230.001,75022
HeifersMedium and Large 1-2700–750745210.00/cwt210.00–210.001,5651
HeifersMedium and Large 1-2650–700686220.50/cwt216.00–234.001,5134
BullsMedium and Large 1-2550–600556263.76/cwt260.00–265.001,4674
SteersMedium and Large 1-2600–650615241.00/cwt241.00–241.001,4821
HeifersMedium and Large 1-2Value Added300–350311321.02/cwt310.00–332.509984
SteersMedium and Large 1-2Value Added600–650609296.73/cwt261.00–307.001,80738
Bred CowsMedium and Large 1-21,4301,872.12/head1,850.00–1,900.001,8722
SteersMedium and Large 1-2850–900895214.00/cwt214.00–214.001,9151
SteersMedium and Large 1-2500–550505275.00/cwt275.00–275.001,3891
SteersMedium and Large 1-2800–850815224.96/cwt222.00–230.001,8336
HeifersMedium and Large 1-2Value Added700–750729230.98/cwt219.00–235.001,68429
SteersMedium and Large 1-2Value Added550–600579295.19/cwt289.00–310.001,7099
HeifersMedium and Large 1-2Guaranteed Open800–850824225.50/cwt225.50–225.501,8588
HeifersMedium and Large 1-2300–350331279.47/cwt274.00–290.009253
HeifersMedium and Large 1-2350–400383292.88/cwt285.00–300.001,1225
HeifersMedium and Large 1-2750–800779217.44/cwt216.00–221.001,69418
HeifersMedium and Large 1-2550–600577239.20/cwt235.00–248.001,3806
BullsSmall and Medium 1-2500–550540202.00/cwt202.00–202.001,0911
HeifersMedium and Large 1-2500–550532244.12/cwt240.00–251.001,29910
HeifersMedium and Large 1-2600–650630227.00/cwt227.00–227.001,4301
CowsBoner 80-85%1,331123.69/cwt118.00–130.001,64615
CowsLean 85-90%1,14063.00/cwt63.00–63.007181
CowsBoner 80-85%1,220116.04/cwt114.00–117.001,4164
CowsLean 85-90%970108.00/cwt108.00–108.001,0481
CowsBreaker 75-80%1,398123.96/cwt119.00–136.001,73319
CowsBreaker 75-80%1,508117.55/cwt116.00–119.001,7734
SteersLarge 1-2550–600597275.00/cwt275.00–275.001,6422
SteersLarge 1-21100–11501,120194.00/cwt194.00–194.002,1731
Bulls1,649145.56/cwt134.00–153.002,4007
CowsLean 85-90%1,07589.03/cwt84.00–97.009573
CowsBreaker 75-80%1,255102.00/cwt102.00–102.001,2801
CowsLean 85-90%1,066119.96/cwt112.00–126.001,2796
BullsMedium and Large 1-2500–550547261.00/cwt261.00–261.001,4282
BullsMedium and Large 1-2450–500472283.34/cwt280.00–285.001,3373
HeifersMedium and Large 1-2400–450420265.00/cwt265.00–265.001,1132
HeifersMedium and Large 1-2Value Added850–900890220.00/cwt220.00–220.001,9581
HeifersMedium and Large 1-2Guaranteed Open850–900860206.00/cwt206.00–206.001,7725
SteersMedium and Large 1-2Fancy900–950907219.00/cwt219.00–219.001,9867
HeifersMedium and Large 2-3550–600560227.00/cwt227.00–227.001,2711
HeifersMedium and Large 2-3750–800770181.51/cwt163.00–201.001,3982
SteersMedium and Large 1-2Value Added800–850813247.70/cwt247.70–247.702,01467
HeifersMedium and Large 1-2Value Added550–600581262.67/cwt251.00–265.001,52636
SteersMedium and Large 2-3550–600595252.50/cwt252.50–252.501,5021
SteersMedium and Large 2-3750–800780220.00/cwt220.00–220.001,7161
HeifersMedium and Large 2-3900–950900170.00/cwt170.00–170.001,5301
HeifersMedium and Large 2-3450–500478225.53/cwt220.00–231.001,0782
HeifersMedium and Large 1-2Value Added350–400360308.33/cwt307.50–310.001,1106
SteersMedium and Large 1-2Value Added700–750716260.53/cwt244.00–269.001,86563
SteersMedium and Large 2-3700–750708226.81/cwt221.00–232.501,6062
HeifersMedium and Large 2-3700–750705200.00/cwt200.00–200.001,4101
BullsMedium and Large 2-3250–300280297.50/cwt297.50–297.508331
BullsMedium and Large 2-3350–400360241.00/cwt241.00–241.008681
HeifersMedium and Large 1-2Value Added400–450419289.70/cwt274.00–299.001,21419
HeifersMedium and Large 1-2Value Added500–550525291.76/cwt251.00–298.501,532111
HeifersMedium and Large 1-2Value Added650–700656251.47/cwt238.00–255.001,65038
BullsMedium and Large 2-3200–250205290.00/cwt290.00–290.005951
BullsMedium and Large 1-2Value Added600–650615249.12/cwt247.00–252.501,5324
SteersMedium and Large 1-2Value Added350–400375355.72/cwt325.00–377.501,3346
BullsMedium and Large 1-2Value Added300–350330320.00/cwt320.00–320.001,0561
BullsMedium and Large 1-2Value Added350–400357376.80/cwt340.00–385.001,3456
SteersMedium and Large 1-2300–350345312.50/cwt312.50–312.501,0781
HeifersMedium and Large 2-3600–650602214.00/cwt214.00–214.001,2882
SteersMedium and Large 1-2Value Added400–450420366.46/cwt310.00–400.001,53955
SteersMedium and Large 1-2Value Added650–700667270.39/cwt255.00–282.501,80415
BullsMedium and Large 1-2Value Added400–450417332.00/cwt332.00–332.001,3842
BullsMedium and Large 1-2Value Added550–600550280.00/cwt280.00–280.001,5401
SteersMedium and Large 1-2Value Added850–900883229.44/cwt228.50–233.502,02649
HeifersMedium and Large 1-2Value Added450–500481265.14/cwt257.50–280.001,27513
SteersMedium and Large 1-2Value Added450–500474339.14/cwt297.50–372.501,60824
SteersMedium and Large 1-2Value Added750–800771247.90/cwt241.00–249.001,911135

How this sale compares

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