Name: Lexington livestock auction prices — 2020-05-15
Creator: RaisedBeef
Published: 2020-05-15

Reporter comment USDA

As filed

Compared to two weeks ago steers and heifers sold 2.00-6.00 higher. Demand was good from the buyers in the crowd.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $132.30/cwt on 843 head.

Average price

$132.30

843 head · 656 lb average

Value per head Derived

$868

Price × average weight ÷ 100

Grade differential Derived

−$142

per head · Medium and Large 1-2 over Large 1

$29.25/cwt at this weight

vs the market

+3.20

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1-2	416	149.50	622	10thin
Medium and Large 1	659	132.26	872	822
Large 1	635	120.25	764	11thin

One grade step is worth $29.25/cwt here — about −$142 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 sale843 hd

132.30

—

NE average4 barns · 2,253 hd

129.11

+3.20

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

25 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 1Fleshy	—	967	108.75/cwt	108.75–108.75	1,052	6
Steers	Medium and Large 1	—	563	164.80/cwt	163.00–166.00	928	41
Steers	Medium and Large 1	—	623	153.21/cwt	149.50–158.00	954	80
Steers	Medium and Large 1Thin Fleshed	—	826	137.00/cwt	137.00–137.00	1,132	23
Steers	Medium and Large 1	—	713	142.50/cwt	142.00–144.00	1,016	32
Steers	Medium and Large 1	—	768	132.67/cwt	132.50–134.50	1,019	59
Steers	Medium and Large 1Thin Fleshed	—	441	187.00/cwt	187.00–187.00	825	6
Steers	Medium and Large 1	—	516	169.43/cwt	168.00–170.00	874	24
Steers	Medium and Large 1	—	825	125.69/cwt	122.50–127.50	1,037	43
Steers	Medium and Large 1	—	668	147.66/cwt	146.00–152.00	986	135
Steers	Medium and Large 1-2	—	583	145.00/cwt	145.00–145.00	845	20
Heifers	Medium and Large 1Fleshy	—	581	130.00/cwt	130.00–130.00	755	22
Heifers	Medium and Large 1	—	722	120.25/cwt	120.25–120.25	868	20
Heifers	Medium and Large 1	—	800	117.00/cwt	117.00–117.00	936	132
Heifers	Medium and Large 1Thin Fleshed	—	572	149.04/cwt	149.00–149.50	853	79
Heifers	Medium and Large 1Fleshy	—	516	137.00/cwt	137.00–137.00	707	19
Heifers	Medium and Large 1	—	639	130.38/cwt	125.50–134.25	833	20
Heifers	Medium and Large 1	—	772	110.02/cwt	109.00–111.50	849	77
Heifers	Medium and Large 1	—	671	127.26/cwt	125.00–128.50	854	142
Heifers	Medium and Large 1-2Thin Fleshed	—	416	149.50/cwt	149.50–149.50	622	10
Heifers	Large 1	—	635	120.25/cwt	120.25–120.25	764	11
Heifers	Medium and Large 1	—	439	157.28/cwt	154.00–160.00	690	11
Heifers	Medium and Large 1	—	492	157.50/cwt	157.00–157.75	775	38
Heifers	Medium and Large 1	—	588	137.50/cwt	135.00–144.00	809	133
Heifers	Medium and Large 1Thin Fleshed	—	659	143.22/cwt	143.00–143.50	944	129

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 May 15, 2020

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

Receipts 1,394Last week 3,445Year ago 0

Compared to two weeks ago steers and heifers sold 2.00-6.00 higher. Demand was good from the buyers in the crowd.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt
6	—	967	108.75	108.75
Steers — Medium and Large 1$ per cwt · actual wt
41	—	563	163.00–166.00	164.80
80	—	623	149.50–158.00	153.21
32	—	713	142.00–144.00	142.50
59	—	768	132.50–134.50	132.67
24	—	516	168.00–170.00	169.43
43	—	825	122.50–127.50	125.69
135	—	668	146.00–152.00	147.66
Steers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
23	—	826	137.00	137.00
6	—	441	187.00	187.00
Steers — Medium and Large 1-2$ per cwt · actual wt
20	—	583	145.00	145.00
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
22	—	581	130.00	130.00
19	—	516	137.00	137.00
Heifers — Medium and Large 1$ per cwt · actual wt
20	—	722	120.25	120.25
132	—	800	117.00	117.00
20	—	639	125.50–134.25	130.38
77	—	772	109.00–111.50	110.02
142	—	671	125.00–128.50	127.26
11	—	439	154.00–160.00	157.28
38	—	492	157.00–157.75	157.50
133	—	588	135.00–144.00	137.50
Heifers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
79	—	572	149.00–149.50	149.04
129	—	659	143.00–143.50	143.22
Heifers — Medium and Large 1-2 · Thin Fleshed$ per cwt · actual wt
10	—	416	149.50	149.50
Heifers — Large 1$ per cwt · actual wt
11	—	635	120.25	120.25

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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