Name: Lexington livestock auction prices — 2022-06-24
Creator: RaisedBeef
Published: 2022-06-24

Reporter comment USDA

As filed

Not enough comparable offerings with two weeks ago to establish a trend, however a higher undertone was noted. Demand was good to very good from the buyers in the crowd.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $168.11/cwt on 1,655 head.

Average price

$168.11

1,655 head · 933 lb average

Value per head Derived

$1,568

Price × average weight ÷ 100

Grade differential Derived

−$399

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

$15.16/cwt at this weight

vs the market

−2.38

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	648	182.65	1,183	68
Medium and Large 1	945	167.49	1,582	1,587

One grade step is worth $15.16/cwt here — about −$399 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 sale1,655 hd

168.11

—

NE average3 barns · 2,560 hd

170.50

−2.38

A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Replacement cattle Per head

By class, stage and age

Bred stock and pairs are reported per head, not per hundredweight — these prices are never mixed with the $/cwt figures above.

Class	Stage	Age	Avg wt	$/head	Head
Cow-Calf Pairs	1st Stage (1-3 mo)	Young (2-4 yrs)	1,518	$1,985	6
Cow-Calf Pairs	1st Stage (1-3 mo)	Middle Aged (5-8 yrs)	1,765	$1,839	19
Cow-Calf Pairs	1st Stage (1-3 mo)	Aged (>8 yrs)	1,742	$1,835	11
Heifer Pairs	Open	Young (2-4 yrs)	1,344	$1,935	6

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.

Class	Grade / description	Weight	Avg wt	Price	Range	Per head	Head
Heifers	Medium and Large 1Fleshy	—	836	149.75/cwt	149.75–149.75	1,252	31
Heifers	Medium and Large 1	—	1,021	138.50/cwt	138.50–138.50	1,414	7
Heifers	Medium and Large 1	—	867	156.50/cwt	156.50–156.50	1,357	70
Heifers	Medium and Large 1	—	824	162.00/cwt	162.00–162.00	1,335	262
Heifers	Medium and Large 1-2	—	439	168.00/cwt	168.00–168.00	738	5
Heifers	Medium and Large 1-2Thin Fleshed	—	455	175.00/cwt	175.00–175.00	796	7
Steers	Medium and Large 1-2	—	763	153.92/cwt	151.00–155.00	1,174	23
Steers	Medium and Large 1-2Thin Fleshed	—	625	194.00/cwt	194.00–194.00	1,213	35
Steers	Medium and Large 1-2Thin Fleshed	—	462	209.00/cwt	209.00–209.00	966	10
Steers	Medium and Large 1	—	883	172.77/cwt	169.50–175.00	1,526	538
Heifers	Medium and Large 1-2Thin Fleshed	—	670	159.50/cwt	159.50–159.50	1,069	7
Heifers	Medium and Large 1-2Thin Fleshed	—	616	169.00/cwt	169.00–169.00	1,041	19
Heifers	Medium and Large 1-2	—	507	164.00/cwt	164.00–164.00	831	13
Steers	Medium and Large 1Fleshy	—	833	164.00/cwt	164.00–164.00	1,366	39
Steers	Medium and Large 1	—	982	164.81/cwt	162.50–166.85	1,618	1,010
Cow-Calf Pairs	Medium and Large 1-2	—	1,518	1,985.00/head	1,985.00–1,985.00	1,985	6
Heifer Pairs	Medium and Large 1-2	—	1,344	1,935.00/head	1,935.00–1,935.00	1,935	6
Cow-Calf Pairs	Medium and Large 1-2	—	1,742	1,835.00/head	1,835.00–1,835.00	1,835	11
Cow-Calf Pairs	Medium and Large 1-2	—	1,765	1,838.78/head	1,810.00–1,900.00	1,839	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 Jun 24, 2022

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

Feeder CattleReceipts 2,183Last week 806Year ago 0

Replacement CattleReceipts 45Last week 50Year ago 0

Not enough comparable offerings with two weeks ago to establish a trend, however a higher undertone was noted. Demand was good to very good from the buyers in the crowd.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
31	—	836	149.75	149.75
Heifers — Medium and Large 1$ per cwt · actual wt
7	—	1,021	138.50	138.50
70	—	867	156.50	156.50
262	—	824	162.00	162.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
5	—	439	168.00	168.00
13	—	507	164.00	164.00
Heifers — Medium and Large 1-2 · Thin Fleshed$ per cwt · actual wt
7	—	455	175.00	175.00
7	—	670	159.50	159.50
19	—	616	169.00	169.00
Steers — Medium and Large 1-2$ per cwt · actual wt
23	—	763	151.00–155.00	153.92
Steers — Medium and Large 1-2 · Thin Fleshed$ per cwt · actual wt
35	—	625	194.00	194.00
10	—	462	209.00	209.00
Steers — Medium and Large 1$ per cwt · actual wt
538	—	883	169.50–175.00	172.77
1,010	—	982	162.50–166.85	164.81
Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt
39	—	833	164.00	164.00

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 1-2$ per head · actual wt
Young (2-4 yrs)	1st Stage (1-3 mo)	6	—	1,518	1,985.00	1,985.00
Aged (>8 yrs)	1st Stage (1-3 mo)	11	—	1,742	1,835.00	1,835.00
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	19	—	1,765	1,810.00–1,900.00	1,838.78
Heifer Pairs — Medium and Large 1-2$ per head · actual wt
Young (2-4 yrs)	Open	6	—	1,344	1,935.00	1,935.00

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

More

Lexington