Name: Lexington livestock auction prices — 2020-05-29
Creator: RaisedBeef
Published: 2020-05-29

Reporter comment USDA

As filed

Compared to two weeks ago, steers and heifers sold steady to 4.00 higher on a thin test. 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 $145.28/cwt on 348 head.

Average price

$145.28

348 head · 722 lb average

Value per head Derived

$1,049

Price × average weight ÷ 100

Grade differential Derived

−$91

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

$51.89/cwt at this weight

vs the market

+0.00

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	479	174.39	835	40
Medium and Large 1	753	142.54	1,074	292
Large 1-2	756	122.50	926	16thin

One grade step is worth $51.89/cwt here — about −$91 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 sale348 hd

145.28

—

NE average1 barns · 348 hd

145.28

+0.00

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

30 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	—	1,061	103.50/cwt	103.50–103.50	1,098	6
Steers	Medium and Large 1	—	740	140.00/cwt	140.00–140.00	1,036	26
Steers	Medium and Large 1-2Thin Fleshed	—	452	170.00/cwt	170.00–170.00	768	7
Steers	Large 1-2Thin Fleshed	—	756	122.50/cwt	122.50–122.50	926	16
Steers	Medium and Large 1	—	456	182.00/cwt	182.00–182.00	830	6
Steers	Medium and Large 1-2	—	527	167.00/cwt	167.00–167.00	880	7
Steers	Medium and Large 1Fleshy	—	963	109.36/cwt	101.00–112.00	1,053	30
Steers	Medium and Large 1	—	868	127.63/cwt	125.25–128.35	1,108	68
Steers	Medium and Large 1Fleshy	—	1,019	104.00/cwt	104.00–104.00	1,060	9
Steers	Medium and Large 1	—	586	172.00/cwt	172.00–172.00	1,008	56
Steers	Medium and Large 1Fleshy	—	822	120.00/cwt	120.00–120.00	986	9
Steers	Medium and Large 1	—	688	157.00/cwt	157.00–157.00	1,080	45
Steers	Medium and Large 1-2Thin Fleshed	—	519	171.49/cwt	169.00–174.00	890	14
Steers	Medium and Large 1Fleshy	—	673	139.00/cwt	139.00–139.00	935	9
Steers	Medium and Large 1	—	617	155.20/cwt	148.50–158.50	958	28
Steers	Medium and Large 1-2Thin Fleshed	—	419	184.63/cwt	181.50–188.00	774	12
Cow-Calf Pairs	Medium and Large 1-2Broken Mouth	—	1,539	1,279.41/cwt	1,160.00–1,385.00	19,690	12
Cow-Calf Pairs	Medium and Large 1-2	—	1,493	1,285.00/cwt	1,285.00–1,285.00	19,185	11
Heifers	Medium and Large 1	—	795	118.25/cwt	118.25–118.25	940	48
Heifers	Medium and Large 1	—	515	148.58/cwt	148.00–149.00	765	21
Heifers	Medium and Large 1	—	817	116.50/cwt	116.50–116.50	952	16
Heifers	Medium and Large 1-2Thin Fleshed	—	508	143.00/cwt	143.00–143.00	726	14
Heifers	Medium and Large 1	—	1,000	98.00/cwt	98.00–98.00	980	8
Heifers	Medium and Large 1-2Thin Fleshed	—	322	159.00/cwt	159.00–159.00	512	7
Heifers	Medium and Large 1Fleshy	—	954	96.50/cwt	96.50–96.50	921	11
Heifers	Medium and Large 1-2Thin Fleshed	—	485	150.00/cwt	150.00–150.00	728	5
Heifers	Medium and Large 1Fleshy	—	900	94.75/cwt	94.75–94.75	853	9
Heifers	Medium and Large 1Thin Fleshed	—	432	169.50/cwt	169.50–169.50	732	11
Bred Cows	Medium and Large 1-2	—	1,295	1,075.00/cwt	1,075.00–1,075.00	13,921	8
Bred Cows	Medium and Large 1-2	—	1,298	829.60/cwt	800.00–850.00	10,768	19

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 29, 2020

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

Feeder CattleReceipts 758Last week 1,394Year ago 1,405

Replacement CattleReceipts 97Last week 0Year ago 51

Compared to two weeks ago, steers and heifers sold steady to 4.00 higher on a thin test. Demand was good from the buyers in the crowd with internet activity noticed.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt
6	—	1,061	103.50	103.50
30	—	963	101.00–112.00	109.36
9	—	1,019	104.00	104.00
9	—	822	120.00	120.00
9	—	673	139.00	139.00
Steers — Medium and Large 1$ per cwt · actual wt
26	—	740	140.00	140.00
6	—	456	182.00	182.00
68	—	868	125.25–128.35	127.63
56	—	586	172.00	172.00
45	—	688	157.00	157.00
28	—	617	148.50–158.50	155.20
Steers — Medium and Large 1-2 · Thin Fleshed$ per cwt · actual wt
7	—	452	170.00	170.00
14	—	519	169.00–174.00	171.49
12	—	419	181.50–188.00	184.63
Steers — Large 1-2 · Thin Fleshed$ per cwt · actual wt
16	—	756	122.50	122.50
Steers — Medium and Large 1-2$ per cwt · actual wt
7	—	527	167.00	167.00
Heifers — Medium and Large 1$ per cwt · actual wt
48	—	795	118.25	118.25
21	—	515	148.00–149.00	148.58
16	—	817	116.50	116.50
8	—	1,000	98.00	98.00
Heifers — Medium and Large 1-2 · Thin Fleshed$ per cwt · actual wt
14	—	508	143.00	143.00
7	—	322	159.00	159.00
5	—	485	150.00	150.00
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
11	—	954	96.50	96.50
9	—	900	94.75	94.75
Heifers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
11	—	432	169.50	169.50

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 1-2 · Broken Mouth$ per cwt · actual wt
Aged (>8 yrs)	Open	12	—	1,539	1,160.00–1,385.00	1,279.41
Cow-Calf Pairs — Medium and Large 1-2$ per cwt · actual wt
Middle Aged/Aged (>5 yrs)	Open	11	—	1,493	1,285.00	1,285.00
Bred Cows — Medium and Large 1-2$ per cwt · actual wt
Young (2-4 yrs)	1st Stage (1-3 mo)	8	—	1,295	1,075.00	1,075.00
Aged (>8 yrs)	1st Stage (1-3 mo)	19	—	1,298	800.00–850.00	829.60

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

Beef & Retail — from the box to the grocery shelf

Feed & Hay — the cost side, cash not futures

Cows & Bred Stock — the rebuild market

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Lexington