Name: Lexington livestock auction prices — 2023-02-24
Creator: RaisedBeef
Published: 2023-02-24

Reporter comment USDA

As filed

Compared to last week steers 550-750 lbs sold 8.00 to 10.00 higher and heifers 550-750 lbs sold steady to 5.00 higher. 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 $199.03/cwt on 1,399 head.

Average price

$199.03

1,399 head · 731 lb average

Value per head Derived

$1,454

Price × average weight ÷ 100

Grade differential Derived

−$329

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

$5.33/cwt at this weight

vs the market

−4.18

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	557	204.16	1,138	54
Medium and Large 1	738	198.83	1,467	1,345

One grade step is worth $5.33/cwt here — about −$329 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 sale1,399 hd

199.03

—

NE average7 barns · 9,248 hd

203.21

−4.18

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

45 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 1Unweaned	—	384	214.00/cwt	214.00–214.00	822	18
Steers	Medium and Large 1-2Thin Fleshed	—	507	218.00/cwt	218.00–218.00	1,105	20
Steers	Medium and Large 1	—	816	185.67/cwt	183.00–186.75	1,515	314
Steers	Medium and Large 1	—	885	180.46/cwt	178.00–181.25	1,597	260
Steers	Medium and Large 1	—	623	219.36/cwt	217.50–221.00	1,367	92
Steers	Medium and Large 1	—	581	233.29/cwt	230.00–237.00	1,355	88
Steers	Medium and Large 1-2Fleshy	—	674	175.00/cwt	175.00–175.00	1,180	6
Steers	Medium and Large 1	—	787	186.54/cwt	186.25–186.85	1,468	116
Steers	Medium and Large 1Unweaned	—	393	240.00/cwt	240.00–240.00	943	11
Steers	Medium and Large 1-2	—	427	220.50/cwt	220.50–220.50	942	9
Steers	Medium and Large 1	—	730	200.34/cwt	198.00–202.75	1,462	155
Steers	Medium and Large 1	—	488	255.00/cwt	255.00–255.00	1,244	32
Steers	Medium and Large 1	—	541	232.00/cwt	232.00–232.00	1,255	30
Steers	Medium and Large 1-2	—	528	208.00/cwt	208.00–208.00	1,098	5
Steers	Medium and Large 1	—	950	172.75/cwt	172.75–172.75	1,641	25
Steers	Medium and Large 1-2	—	673	185.00/cwt	185.00–185.00	1,245	14
Heifers	Medium and Large 1	—	430	220.44/cwt	218.00–222.00	948	39
Heifers	Medium and Large 1Fleshy	—	825	166.50/cwt	166.50–166.50	1,374	29
Heifers	Medium and Large 1Fleshy	—	881	162.50/cwt	162.50–162.50	1,432	12
Heifers	Medium and Large 1Fancy	—	570	214.00/cwt	214.00–214.00	1,220	33
Heifers	Medium and Large 1Fancy	—	452	226.00/cwt	226.00–226.00	1,022	31
Heifers	Medium and Large 1Fancy	—	530	226.00/cwt	226.00–226.00	1,198	8
Heifers	Medium and Large 1Unweaned	—	303	220.00/cwt	220.00–220.00	667	15
Heifers	Medium and Large 1	—	766	173.75/cwt	173.75–173.75	1,331	23
Heifers	Medium and Large 1	—	977	162.75/cwt	162.75–162.75	1,590	13
Heifers	Medium and Large 1	—	719	176.28/cwt	175.75–176.85	1,267	135
Heifers	Medium and Large 1-2	—	511	186.00/cwt	186.00–186.00	950	7
Heifers	Medium and Large 1-2	—	592	186.50/cwt	186.50–186.50	1,104	6
Steers	Medium and Large 1Fleshy	—	569	203.68/cwt	203.00–205.00	1,159	18
Steers	Medium and Large 1Fleshy	—	736	189.50/cwt	189.50–189.50	1,395	9
Steers	Medium and Large 1Fleshy	—	774	176.99/cwt	176.00–177.50	1,370	26
Heifers	Medium and Large 1-2	—	318	200.00/cwt	200.00–200.00	636	6
Heifers	Medium and Large 1	—	502	198.00/cwt	198.00–198.00	994	7
Heifers	Medium and Large 1-2Fleshy	—	563	176.00/cwt	176.00–176.00	991	6
Steers	Medium and Large 1Fleshy	—	894	174.00/cwt	174.00–174.00	1,556	8
Steers	Medium and Large 1Fleshy	—	614	206.41/cwt	200.00–211.00	1,267	38
Steers	Medium and Large 1Fleshy	—	687	194.00/cwt	194.00–194.00	1,333	32
Heifers	Medium and Large 1Thin Fleshed	—	523	213.56/cwt	211.00–216.00	1,117	86
Heifers	Medium and Large 1Thin Fleshed	—	457	215.00/cwt	215.00–215.00	983	12
Heifers	Medium and Large 1	—	672	182.38/cwt	179.00–186.00	1,226	103
Steers	Medium and Large 1	—	385	255.61/cwt	245.00–259.00	984	28
Steers	Medium and Large 1	—	666	210.00/cwt	210.00–210.00	1,399	17
Steers	Medium and Large 1Full	—	465	229.90/cwt	229.00–231.00	1,069	46
Heifers	Medium and Large 1Thin Fleshed	—	375	236.00/cwt	236.00–236.00	885	12
Heifers	Medium and Large 1	—	583	197.34/cwt	196.75–198.00	1,150	44

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 Feb 24, 2023

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

Receipts 2,147Last week 2,421Year ago 2,468

Compared to last week steers 550-750 lbs sold 8.00 to 10.00 higher and heifers 550-750 lbs sold steady to 5.00 higher. 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 · Unweaned$ per cwt · actual wt
18	—	384	214.00	214.00
15	—	303	220.00	220.00
Heifers — Medium and Large 1$ per cwt · actual wt
39	—	430	218.00–222.00	220.44
23	—	766	173.75	173.75
13	—	977	162.75	162.75
135	—	719	175.75–176.85	176.28
7	—	502	198.00	198.00
103	—	672	179.00–186.00	182.38
44	—	583	196.75–198.00	197.34
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
29	—	825	166.50	166.50
12	—	881	162.50	162.50
Heifers — Medium and Large 1 · Fancy$ per cwt · actual wt
33	—	570	214.00	214.00
31	—	452	226.00	226.00
8	—	530	226.00	226.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
7	—	511	186.00	186.00
6	—	592	186.50	186.50
6	—	318	200.00	200.00
Heifers — Medium and Large 1-2 · Fleshy$ per cwt · actual wt
6	—	563	176.00	176.00
Heifers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
86	—	523	211.00–216.00	213.56
12	—	457	215.00	215.00
12	—	375	236.00	236.00
Steers — Medium and Large 1-2 · Thin Fleshed$ per cwt · actual wt
20	—	507	218.00	218.00
Steers — Medium and Large 1$ per cwt · actual wt
314	—	816	183.00–186.75	185.67
260	—	885	178.00–181.25	180.46
92	—	623	217.50–221.00	219.36
88	—	581	230.00–237.00	233.29
116	—	787	186.25–186.85	186.54
155	—	730	198.00–202.75	200.34
32	—	488	255.00	255.00
30	—	541	232.00	232.00
25	—	950	172.75	172.75
28	—	385	245.00–259.00	255.61
17	—	666	210.00	210.00
Steers — Medium and Large 1-2 · Fleshy$ per cwt · actual wt
6	—	674	175.00	175.00
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
11	—	393	240.00	240.00
Steers — Medium and Large 1-2$ per cwt · actual wt
9	—	427	220.50	220.50
5	—	528	208.00	208.00
14	—	673	185.00	185.00
Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt
18	—	569	203.00–205.00	203.68
9	—	736	189.50	189.50
26	—	774	176.00–177.50	176.99
8	—	894	174.00	174.00
38	—	614	200.00–211.00	206.41
32	—	687	194.00	194.00
Steers — Medium and Large 1 · Full$ per cwt · actual wt
46	—	465	229.00–231.00	229.90

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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Fed Cattle — the cash market and what quality pays

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