Sale reports / Nebraska / Lexington / 2019-08-23

Lexington

Feeder Cattle · Lexington, Nebraska · Fri, Aug 23
● Final15 lots reportedUSDA AMS · slug 1849
Receipts
1,548 head
854 vs last sale 2,402 1,548 vs year ago 0 · no sale a year ago
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Reporter comment USDA

As filed

Compared to two weeks ago, steers over 700 lbs sold mostly steady and heifers over 850 lbs sold 7.00 lower. Demand was moderate to good from the buyers in the crowd. Near 340 head of slaughter cows and bulls are included in the receipts.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $142.44/cwt on 568 head.
Average price
$142.44
568 head · 910 lb average
Value per head Derived
$1,296
Price × average weight ÷ 100
Grade differential Derived
$209
per head · Medium and Large 1 over Medium and Large 1-2
$10.12/cwt at this weight
vs the market
2.67
vs NE average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1911142.621,299558
Medium and Large 1-2823132.501,09010thin
One grade step is worth $10.12/cwt here — about $209 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 sale568 hd
142.44
NE average5 barns · 6,049 hd
145.11
−2.67
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

15 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 1Guaranteed Open911125.00/cwt125.00–125.001,139120
HeifersMedium and Large 1963128.00/cwt128.00–128.001,23314
HeifersMedium and Large 1922131.35/cwt131.35–131.351,21127
HeifersMedium and Large 1895132.01/cwt131.85–133.251,181144
SteersMedium and Large 1643150.00/cwt150.00–150.0096522
SteersMedium and Large 1724149.85/cwt149.85–149.851,08542
SteersMedium and Large 1940141.00/cwt141.00–141.001,325181
SteersMedium and Large 1960139.86/cwt136.00–140.901,343303
SteersMedium and Large 1-2823132.50/cwt132.50–132.501,09010
HeifersMedium and Large 1-2Thin Fleshed710132.50/cwt132.50–132.509418
HeifersMedium and Large 1Unweaned221350.00/cwt350.00–350.007745
HeifersMedium and Large 1Unweaned322164.00/cwt164.00–164.0052811
SteersMedium and Large 1Unweaned281209.00/cwt209.00–209.0058710
SteersMedium and Large 1Unweaned185435.00/cwt435.00–435.0080510
HeifersMedium and Large 1Spayed859132.18/cwt132.00–132.351,135240

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.