Sale reports / Nebraska / Lexington / 2019-10-04

Lexington

Feeder Cattle · Lexington, Nebraska · Fri, Oct 4
● Final15 lots reportedUSDA AMS · slug 1849
Receipts
1,469 head
▼ 555 vs last sale 2,024▲ 1,469 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 2.00 to 6.00 higher and heifers over 700 lbs sold steady to 4.00 higher. Demand was good from the buyers in the crowd. Near 340 head of slaughter cos 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 $146.92/cwt on 622 head.
Average price
$146.92
622 head · 847 lb average
Value per head Derived
$1,244
Price × average weight ÷ 100
Grade differential Derived
$312
per head · Medium and Large 1 over Medium and Large 1-2
$6.25/cwt at this weight
vs the market
−8.51
vs NE average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1855147.201,259594
Medium and Large 1-2672140.9594728
One grade step is worth $6.25/cwt here — about $312 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 sale622 hd
146.92
—
NE average8 barns · 11,313 hd
155.42
−8.51
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 1Spayed—725143.25/cwt143.25–143.251,03934
SteersMedium and Large 1—918143.00/cwt143.00–143.001,313111
HeifersMedium and Large 1Spayed—649135.00/cwt135.00–135.0087618
SteersMedium and Large 1—758153.24/cwt152.00–154.001,162106
HeifersMedium and Large 1Spayed—814138.50/cwt138.50–138.501,12715
SteersMedium and Large 1—952138.50/cwt138.50–138.501,31962
HeifersMedium and Large 1—835138.50/cwt138.50–138.501,15639
SteersMedium and Large 1—704156.75/cwt156.75–156.751,10423
SteersMedium and Large 1-2—672140.95/cwt135.00–146.0094728
HeifersMedium and Large 1—940133.75/cwt133.75–133.751,25723
HeifersMedium and Large 1-2—657130.50/cwt130.50–130.508576
SteersMedium and Large 1—840148.14/cwt146.75–150.851,244174
HeifersMedium and Large 1—763139.00/cwt139.00–139.001,0618
HeifersMedium and Large 1Spayed—875140.00/cwt140.00–140.001,225239
SteersMedium and Large 1—885147.04/cwt146.60–148.251,301118

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.