Name: Lexington livestock auction prices — 2020-07-24
Creator: RaisedBeef
Published: 2020-07-24

Reporter comment USDA

As filed

Compared to two weeks ago, 900-950 lbs steers sold 8.00 higher with not enough sales volume within other weight classes to establish a trend for steers or heifers. Demand was good from the crowd of buyers.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $137.97/cwt on 1,314 head.

Average price

$137.97

1,314 head · 883 lb average

Value per head Derived

$1,219

Price × average weight ÷ 100

Grade differential Derived

$230

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

$0.80/cwt at this weight

vs the market

−7.50

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	899	138.05	1,241	1,189
Medium and Large 1-2	737	137.25	1,011	125

One grade step is worth $0.80/cwt here — about $230 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 sale1,314 hd

137.97

—

NE average6 barns · 8,855 hd

145.47

−7.50

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

23 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
Heifers	Medium and Large 1Spayed	—	822	137.35/cwt	137.35–137.35	1,129	280
Heifers	Medium and Large 1	—	893	126.00/cwt	126.00–126.00	1,125	155
Heifers	Medium and Large 1-2Unweaned	—	690	127.50/cwt	127.50–127.50	880	21
Heifers	Medium and Large 1	—	755	135.00/cwt	135.00–135.00	1,019	44
Heifers	Medium and Large 1-2Unweaned	—	440	149.50/cwt	149.50–149.50	658	7
Heifers	Medium and Large 1	—	954	122.50/cwt	122.50–122.50	1,169	36
Heifers	Medium and Large 1-2	—	676	136.33/cwt	130.25–137.50	922	45
Heifers	Medium and Large 1Gaunt	—	889	132.00/cwt	132.00–132.00	1,173	14
Heifers	Medium and Large 1-2	—	548	138.00/cwt	138.00–138.00	756	8
Heifers	Medium and Large 1Fleshy	—	811	130.88/cwt	129.75–131.75	1,061	125
Heifers	Medium and Large 1-2	—	702	138.50/cwt	138.50–138.50	972	6
Steers	Medium and Large 1	—	706	149.84/cwt	149.50–150.00	1,058	25
Steers	Medium and Large 1-2	—	928	128.00/cwt	128.00–128.00	1,188	11
Steers	Medium and Large 1-2	—	842	125.00/cwt	125.00–125.00	1,053	9
Steers	Medium and Large 1-2Unweaned	—	733	135.50/cwt	135.50–135.50	993	24
Steers	Medium and Large 1-2Gaunt	—	806	137.00/cwt	137.00–137.00	1,104	7
Steers	Medium and Large 1-2Unweaned	—	592	130.00/cwt	130.00–130.00	770	7
Steers	Medium and Large 1	—	926	136.35/cwt	131.00–138.60	1,263	814
Steers	Medium and Large 1-2Thin Fleshed	—	834	137.50/cwt	137.50–137.50	1,147	11
Steers	Medium and Large 1	—	855	140.73/cwt	137.00–141.75	1,203	311
Steers	Medium and Large 1-2	—	706	143.73/cwt	143.50–144.75	1,015	40
Steers	Medium and Large 1	—	807	144.50/cwt	144.50–144.50	1,166	39
Steers	Medium and Large 1-2	—	594	140.00/cwt	140.00–140.00	832	16

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 Jul 24, 2020

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

Receipts 2,101Last week 2,052Year ago 2,152

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Spayed$ per cwt · actual wt
280	—	822	137.35	137.35
Heifers — Medium and Large 1$ per cwt · actual wt
155	—	893	126.00	126.00
44	—	755	135.00	135.00
36	—	954	122.50	122.50
Heifers — Medium and Large 1-2 · Unweaned$ per cwt · actual wt
21	—	690	127.50	127.50
7	—	440	149.50	149.50
Heifers — Medium and Large 1-2$ per cwt · actual wt
45	—	676	130.25–137.50	136.33
8	—	548	138.00	138.00
6	—	702	138.50	138.50
Heifers — Medium and Large 1 · Gaunt$ per cwt · actual wt
14	—	889	132.00	132.00
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
125	—	811	129.75–131.75	130.88
Steers — Medium and Large 1$ per cwt · actual wt
25	—	706	149.50–150.00	149.84
814	—	926	131.00–138.60	136.35
311	—	855	137.00–141.75	140.73
39	—	807	144.50	144.50
Steers — Medium and Large 1-2$ per cwt · actual wt
11	—	928	128.00	128.00
9	—	842	125.00	125.00
40	—	706	143.50–144.75	143.73
16	—	594	140.00	140.00
Steers — Medium and Large 1-2 · Unweaned$ per cwt · actual wt
24	—	733	135.50	135.50
7	—	592	130.00	130.00
Steers — Medium and Large 1-2 · Gaunt$ per cwt · actual wt
7	—	806	137.00	137.00
Steers — Medium and Large 1-2 · Thin Fleshed$ per cwt · actual wt
11	—	834	137.50	137.50

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.

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