Name: Lexington livestock auction prices — 2019-07-26
Creator: RaisedBeef
Published: 2019-07-26

Reporter comment USDA

As filed

Compared to two weeks ago steers over 900 lbs sold steady to 3.00 higher with not enough heifers on offer two weeks ago to establish a trend. Demand was good from the buyers in the crowd with internet activity noticed.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $145.77/cwt on 1,126 head.

Average price

$145.77

1,126 head · 907 lb average

Value per head Derived

$1,323

Price × average weight ÷ 100

Grade differential Derived

$576

per head · Medium and Large 1 over Large 2

$29.63/cwt at this weight

vs the market

−10.75

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	911	146.63	1,336	1,071
Medium and Large 1-2	864	131.16	1,133	47
Large 2	650	117.00	761	8thin

One grade step is worth $29.63/cwt here — about $576 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 sale1,126 hd

145.77

—

NE average3 barns · 5,416 hd

156.52

−10.75

A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Every lot, as filed

26 lots · USDA AMS · Lexington Livestock Market - Lexington, NE

Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added.

Class	Grade / description	Weight	Avg wt	Price	Range	Per head	Head
Steers	Medium and Large 1	—	640	170.72/cwt	170.25–172.00	1,093	52
Steers	Medium and Large 1-2	—	827	135.00/cwt	135.00–135.00	1,116	11
Heifers	Medium and Large 1	—	587	154.67/cwt	154.25–155.50	908	76
Heifers	Medium and Large 1-2	—	801	130.25/cwt	130.25–130.25	1,043	17
Heifers	Medium and Large 1	—	918	132.63/cwt	129.25–133.25	1,218	143
Heifers	Medium and Large 1-2Thin Fleshed	—	414	158.25/cwt	158.25–158.25	655	7
Steers	Medium and Large 1	—	565	170.92/cwt	167.00–175.00	966	31
Steers	Medium and Large 1-2Fleshy	—	921	122.50/cwt	122.50–122.50	1,128	19
Heifers	Medium and Large 1	—	615	153.40/cwt	151.00–154.25	943	46
Heifers	Medium and Large 1-2	—	695	135.25/cwt	135.25–135.25	940	12
Steers	Medium and Large 1	—	697	157.00/cwt	157.00–157.00	1,094	27
Steers	Medium and Large 1Unweaned	—	577	157.50/cwt	157.50–157.50	909	9
Heifers	Medium and Large 1	—	751	136.25/cwt	136.25–136.25	1,023	32
Heifers	Medium and Large 1-2Fleshy	—	817	126.50/cwt	126.50–126.50	1,034	46
Steers	Medium and Large 1Fleshy	—	813	145.00/cwt	145.00–145.00	1,179	20
Steers	Medium and Large 1	—	921	145.23/cwt	143.50–146.60	1,338	431
Heifers	Medium and Large 1	—	528	153.00/cwt	153.00–153.00	808	16
Heifers	Medium and Large 1-2Fleshy	—	756	115.00/cwt	115.00–115.00	869	6
Steers	Medium and Large 1Fleshy	—	898	139.00/cwt	139.00–139.00	1,248	8
Steers	Medium and Large 1	—	966	145.27/cwt	140.00–147.00	1,403	370
Steers	Medium and Large 1-2Thin Fleshed	—	448	168.00/cwt	168.00–168.00	753	5
Heifers	Medium and Large 1	—	894	130.00/cwt	130.00–130.00	1,162	15
Heifers	Medium and Large 1Unweaned	—	535	156.50/cwt	156.50–156.50	837	14
Steers	Large 2	—	650	117.00/cwt	117.00–117.00	761	8
Steers	Medium and Large 1	—	1,002	137.00/cwt	137.00–137.00	1,373	123
Steers	Medium and Large 1-2	—	981	126.00/cwt	126.00–126.00	1,236	12

How this sale compares

Nebraska weighted averages

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

Nebraska feeder prices, every weight →Every state and region →

Lexington Livestock Market - Lexington, NE

Fri Jul 26, 2019

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Kearney, NE (LS-WH)

Receipts 2,152Last week 1,604Year ago 0

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
52	—	640	170.25–172.00	170.72
31	—	565	167.00–175.00	170.92
27	—	697	157.00	157.00
431	—	921	143.50–146.60	145.23
370	—	966	140.00–147.00	145.27
123	—	1,002	137.00	137.00
Steers — Medium and Large 1-2$ per cwt · actual wt
11	—	827	135.00	135.00
12	—	981	126.00	126.00
Steers — Medium and Large 1-2 · Fleshy$ per cwt · actual wt
19	—	921	122.50	122.50
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
9	—	577	157.50	157.50
Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt
20	—	813	145.00	145.00
8	—	898	139.00	139.00
Steers — Medium and Large 1-2 · Thin Fleshed$ per cwt · actual wt
5	—	448	168.00	168.00
Steers — Large 2$ per cwt · actual wt
8	—	650	117.00	117.00
Heifers — Medium and Large 1$ per cwt · actual wt
76	—	587	154.25–155.50	154.67
143	—	918	129.25–133.25	132.63
46	—	615	151.00–154.25	153.40
32	—	751	136.25	136.25
16	—	528	153.00	153.00
15	—	894	130.00	130.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
17	—	801	130.25	130.25
12	—	695	135.25	135.25
Heifers — Medium and Large 1-2 · Thin Fleshed$ per cwt · actual wt
7	—	414	158.25	158.25
Heifers — Medium and Large 1-2 · Fleshy$ per cwt · actual wt
46	—	817	126.50	126.50
6	—	756	115.00	115.00
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
14	—	535	156.50	156.50

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.

Feeder Cattle — prices, barns, and planning

Fed Cattle — the cash market and what quality pays

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