Sale reports / Nebraska / Lexington / 2021-07-09

Lexington

Feeder Cattle · Lexington, Nebraska · Fri, Jul 9
● Final19 lots reportedUSDA AMS · slug 1849
Receipts
1,439 head
915 vs last sale 524 613 vs year ago 2,052 · 29.9%
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Reporter comment USDA

As filed

First reported sale in a month a market trend is not applicable. However, a sharply higher undertone was noted on yearling feeders. Demand was good with several buyers bidding on Friday's receipts. Bulk of the cattle came off summer grass and mostly sold in load lots. Few, bawling calves in the run coming off cows they split as their moms went to slaughter. Heavy supply of slaughter cows and bulls on the day with a large portion going back to the county to feed. Next special calf and feeder auction will be in two weeks on July 23rd.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $156.34/cwt on 1,162 head.
Average price
$156.34
1,162 head · 916 lb average
Value per head Derived
$1,433
Price × average weight ÷ 100
Grade differential Derived
$327
per head · Medium and Large 1 over Medium and Large 1-2
$9.81/cwt at this weight
vs the market
8.89
vs NE average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1927157.011,4561,082
Medium and Large 1-2767147.201,12980
One grade step is worth $9.81/cwt here — about $327 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 sale1,162 hd
156.34
NE average3 barns · 8,422 hd
165.22
−8.89
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

19 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 1673145.00/cwt145.00–145.0097622
HeifersMedium and Large 1975135.25/cwt135.25–135.251,31926
HeifersMedium and Large 1706143.25/cwt143.25–143.251,01127
HeifersMedium and Large 1872137.10/cwt137.10–137.101,19639
HeifersMedium and Large 1835143.00/cwt143.00–143.001,19448
SteersMedium and Large 1822154.08/cwt150.50–156.501,26780
SteersMedium and Large 1934156.90/cwt155.75–158.001,465518
SteersMedium and Large 1687169.50/cwt169.50–169.501,16427
HeifersMedium and Large 1-2737138.00/cwt138.00–138.001,01720
HeifersMedium and Large 1Unweaned528163.00/cwt163.00–163.008619
SteersMedium and Large 1-2706145.00/cwt145.00–145.001,02425
SteersMedium and Large 1Unweaned369184.31/cwt181.00–187.0068013
SteersMedium and Large 11,000155.00/cwt155.00–155.001,550172
SteersMedium and Large 1993155.50/cwt155.50–155.501,544239
SteersMedium and Large 1-2822147.73/cwt146.25–151.001,21447
SteersMedium and Large 1723159.00/cwt159.00–159.001,15018
SteersMedium and Large 1-2635151.00/cwt151.00–151.009598
SteersMedium and Large 1Unweaned567172.00/cwt172.00–172.0097510
SteersMedium and Large 1Unweaned486182.00/cwt182.00–182.008855

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.