Sale reports / Nebraska / Lexington / 2019-08-09

Lexington

Feeder Cattle · Lexington, Nebraska · Fri, Aug 9
● Final28 lots reportedUSDA AMS · slug 1849
Receipts
2,402 head
▲ 250 vs last sale 2,152▲ 2,402 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to two weeks ago, 600-700 lbs steers sold 6.00 to 10.00 higher and steers over 900 lbs sold steady to 3.00 lower. Not enough heifers on offer two weeks ago to establish a trend. Demand was good from the buyers in the crowd with a few new faces in attendance.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $148.00/cwt on 1,402 head.
Average price
$148.00
1,402 head · 884 lb average
Value per head Derived
$1,308
Price × average weight ÷ 100
Grade differential Derived
$288
per head · Medium and Large 1 over Medium and Large 1-2
$3.39/cwt at this weight
vs the market
−2.64
vs NE average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1885148.031,3101,391
Medium and Large 1-2707144.641,02211thin
One grade step is worth $3.39/cwt here — about $288 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 sale1,402 hd
148.00
—
NE average7 barns · 7,480 hd
150.64
−2.64
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

28 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.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
HeifersMedium and Large 1—895139.00/cwt139.00–139.001,24456
HeifersMedium and Large 1Spayed—835145.25/cwt145.25–145.251,213238
SteersMedium and Large 1—535183.12/cwt177.00–184.0098039
SteersMedium and Large 1Unweaned—287198.00/cwt198.00–198.005687
HeifersMedium and Large 1—827139.18/cwt139.00–139.251,15155
HeifersMedium and Large 1Spayed—882140.25/cwt140.25–140.251,23760
SteersMedium and Large 1—663167.00/cwt167.00–167.001,10714
SteersMedium and Large 1Unweaned—644147.00/cwt147.00–147.009475
HeifersMedium and Large 1—479162.00/cwt162.00–162.0077626
HeifersMedium and Large 1Unweaned—495145.00/cwt145.00–145.0071813
SteersMedium and Large 1—441189.00/cwt189.00–189.0083313
SteersMedium and Large 1—937144.17/cwt143.85–145.351,351747
SteersMedium and Large 1-2Thin Fleshed—800137.00/cwt137.00–137.001,0965
HeifersMedium and Large 1—937137.50/cwt137.50–137.501,2889
HeifersMedium and Large 1Unweaned—404166.00/cwt166.00–166.0067113
SteersMedium and Large 1—727149.00/cwt149.00–149.001,08312
SteersMedium and Large 1—890144.26/cwt140.00–145.101,284275
SteersMedium and Large 1-2—629151.00/cwt151.00–151.009506
BullsMedium and Large 1—1,055115.00/cwt115.00–115.001,21335
HeifersMedium and Large 1Unweaned—280178.00/cwt178.00–178.004987
HeifersMedium and Large 1-2Thin Fleshed—615140.00/cwt140.00–140.008616
SteersMedium and Large 1—972140.58/cwt139.20–141.251,366189
SteersMedium and Large 1Unweaned—524178.50/cwt178.50–178.5093516
BullsMedium and Large 1—931115.00/cwt115.00–115.001,0716
HeifersMedium and Large 1—615149.69/cwt145.00–150.5092186
HeifersMedium and Large 1-2—392146.00/cwt146.00–146.005727
SteersMedium and Large 1—645177.00/cwt177.00–177.001,14261
SteersMedium and Large 1Unweaned—398190.50/cwt190.50–190.5075813

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.