Name: Lexington livestock auction prices — 2022-07-08
Creator: RaisedBeef
Published: 2022-07-08

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 from the buyers in the crowd.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $170.09/cwt on 2,228 head.

Average price

$170.09

2,228 head · 956 lb average

Value per head Derived

$1,627

Price × average weight ÷ 100

Grade differential Derived

$174

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

$5.08/cwt at this weight

vs the market

−14.52

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	964	170.63	1,645	1,991
Medium and Large 1-2	889	165.55	1,471	237

One grade step is worth $5.08/cwt here — about $174 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 sale2,228 hd

170.09

—

NE average2 barns · 4,408 hd

184.61

−14.52

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

21 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
Bulls	Medium and Large 1Fleshy	—	1,124	124.50/cwt	124.50–124.50	1,399	20
Bulls	Medium and Large 1Fleshy	—	1,030	130.50/cwt	130.50–130.50	1,344	55
Heifers	Medium and Large 1-2Fleshy	—	784	152.86/cwt	150.00–155.50	1,198	27
Heifers	Medium and Large 1Full	—	815	160.75/cwt	160.75–160.75	1,310	18
Heifers	Medium and Large 1Unweaned	—	530	169.00/cwt	169.00–169.00	896	8
Heifers	Medium and Large 1-2	—	940	151.75/cwt	151.75–151.75	1,426	7
Steers	Medium and Large 1Full	—	916	165.88/cwt	165.00–166.25	1,519	421
Steers	Medium and Large 1-2Gaunt	—	873	168.25/cwt	168.25–168.25	1,469	54
Steers	Medium and Large 1-2	—	906	157.00/cwt	157.00–157.00	1,422	10
Heifers	Medium and Large 1	—	884	160.75/cwt	160.75–160.75	1,421	83
Heifers	Medium and Large 1-2	—	670	158.71/cwt	157.25–161.00	1,063	13
Steers	Medium and Large 1Fancy	—	968	175.85/cwt	175.85–175.85	1,702	293
Steers	Medium and Large 1	—	937	173.00/cwt	173.00–173.00	1,621	239
Steers	Medium and Large 1	—	1,017	168.33/cwt	161.50–169.25	1,712	824
Steers	Medium and Large 1-2Thin Fleshed	—	927	168.00/cwt	168.00–168.00	1,557	88
Steers	Medium and Large 1-2Fleshy	—	813	161.00/cwt	161.00–161.00	1,309	27
Steers	Medium and Large 1Unweaned	—	310	235.00/cwt	235.00–235.00	729	8
Steers	Medium and Large 1Thin Fleshed	—	920	177.25/cwt	177.25–177.25	1,631	183
Steers	Medium and Large 1-2	—	877	162.91/cwt	162.00–164.00	1,429	58
Steers	Medium and Large 1Unweaned	—	559	180.00/cwt	180.00–180.00	1,006	10
Steers	Medium and Large 1	—	952	168.25/cwt	168.25–168.25	1,602	13

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 8, 2022

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

Receipts 2,541Last week 2,183Year ago 1,439

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

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1 · Fleshy$ per cwt · actual wt
20	—	1,124	124.50	124.50
55	—	1,030	130.50	130.50
Heifers — Medium and Large 1-2 · Fleshy$ per cwt · actual wt
27	—	784	150.00–155.50	152.86
Heifers — Medium and Large 1 · Full$ per cwt · actual wt
18	—	815	160.75	160.75
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
8	—	530	169.00	169.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
7	—	940	151.75	151.75
13	—	670	157.25–161.00	158.71
Heifers — Medium and Large 1$ per cwt · actual wt
83	—	884	160.75	160.75
Steers — Medium and Large 1 · Full$ per cwt · actual wt
421	—	916	165.00–166.25	165.88
Steers — Medium and Large 1-2 · Gaunt$ per cwt · actual wt
54	—	873	168.25	168.25
Steers — Medium and Large 1-2$ per cwt · actual wt
10	—	906	157.00	157.00
58	—	877	162.00–164.00	162.91
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
293	—	968	175.85	175.85
Steers — Medium and Large 1$ per cwt · actual wt
239	—	937	173.00	173.00
824	—	1,017	161.50–169.25	168.33
13	—	952	168.25	168.25
Steers — Medium and Large 1-2 · Thin Fleshed$ per cwt · actual wt
88	—	927	168.00	168.00
Steers — Medium and Large 1-2 · Fleshy$ per cwt · actual wt
27	—	813	161.00	161.00
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
8	—	310	235.00	235.00
10	—	559	180.00	180.00
Steers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
183	—	920	177.25	177.25

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.

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