Name: Lexington livestock auction prices — 2023-05-26
Creator: RaisedBeef
Published: 2023-05-26

Reporter comment USDA

As filed

Compared to two weeks ago, steers over 950 lbs sold sharply higher and heifers sold 10.00-15.00 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 $214.24/cwt on 1,236 head.

Average price

$214.24

1,236 head · 910 lb average

Value per head Derived

$1,949

Price × average weight ÷ 100

Grade differential Derived

−$515

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

$26.54/cwt at this weight

vs the market

−6.42

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	611	239.08	1,462	79
Medium and Large 1	930	212.54	1,976	1,157

One grade step is worth $26.54/cwt here — about −$515 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 sale1,236 hd

214.24

—

NE average2 barns · 1,647 hd

220.65

−6.42

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

25 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 1	—	912	191.00/cwt	191.00–191.00	1,742	35
Heifers	Medium and Large 1-2	—	529	227.00/cwt	227.00–227.00	1,201	5
Heifers	Medium and Large 1	—	730	219.50/cwt	219.50–219.50	1,602	55
Heifers	Medium and Large 1-2	—	633	220.90/cwt	219.00–222.00	1,398	19
Steers	Medium and Large 1-2Thin Fleshed	—	623	242.50/cwt	242.50–242.50	1,511	15
Heifers	Medium and Large 1Replacement	—	727	220.00/cwt	220.00–220.00	1,599	9
Steers	Medium and Large 1-2	—	643	223.00/cwt	223.00–223.00	1,434	14
Steers	Medium and Large 1	—	777	223.10/cwt	216.75–225.00	1,733	30
Steers	Medium and Large 1-2	—	558	240.00/cwt	240.00–240.00	1,339	7
Steers	Medium and Large 1Fleshy	—	910	193.00/cwt	193.00–193.00	1,756	5
Steers	Medium and Large 1	—	1,026	199.50/cwt	199.50–199.50	2,047	171
Heifers	Medium and Large 1Replacement	—	787	219.00/cwt	219.00–219.00	1,724	41
Steers	Medium and Large 1-2Thin Fleshed	—	774	211.00/cwt	211.00–211.00	1,633	13
Steers	Medium and Large 1	—	951	211.25/cwt	211.25–211.25	2,009	732
Steers	Medium and Large 1	—	659	248.61/cwt	248.00–250.00	1,638	82
Steers	Medium and Large 1	—	742	222.00/cwt	222.00–222.00	1,647	7
Steers	Medium and Large 1-2Thin Fleshed	—	536	267.00/cwt	267.00–267.00	1,431	19
Steers	Medium and Large 1	—	902	212.00/cwt	212.00–212.00	1,912	130
Steers	Medium and Large 1-2	—	528	239.27/cwt	236.00–242.00	1,263	11
Heifers	Medium and Large 1	—	561	240.00/cwt	240.00–240.00	1,346	22
Heifers	Medium and Large 1	—	621	235.50/cwt	235.50–235.50	1,462	20
Heifers	Medium and Large 1	—	681	224.00/cwt	224.00–224.00	1,525	8
Heifers	Medium and Large 1	—	506	250.00/cwt	250.00–250.00	1,265	8
Heifers	Medium and Large 1	—	426	264.00/cwt	264.00–264.00	1,125	6
Heifers	Medium and Large 1	—	835	206.00/cwt	206.00–206.00	1,720	5

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 May 26, 2023

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

Receipts 1,595Last week 1,530Year ago 810

Compared to two weeks ago, steers over 950 lbs sold sharply higher and heifers sold 10.00-15.00 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$ per cwt · actual wt
35	—	912	191.00	191.00
55	—	730	219.50	219.50
22	—	561	240.00	240.00
20	—	621	235.50	235.50
8	—	681	224.00	224.00
8	—	506	250.00	250.00
6	—	426	264.00	264.00
5	—	835	206.00	206.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
5	—	529	227.00	227.00
19	—	633	219.00–222.00	220.90
Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt
9	—	727	220.00	220.00
41	—	787	219.00	219.00
Steers — Medium and Large 1-2 · Thin Fleshed$ per cwt · actual wt
15	—	623	242.50	242.50
13	—	774	211.00	211.00
19	—	536	267.00	267.00
Steers — Medium and Large 1-2$ per cwt · actual wt
14	—	643	223.00	223.00
7	—	558	240.00	240.00
11	—	528	236.00–242.00	239.27
Steers — Medium and Large 1$ per cwt · actual wt
30	—	777	216.75–225.00	223.10
171	—	1,026	199.50	199.50
732	—	951	211.25	211.25
82	—	659	248.00–250.00	248.61
7	—	742	222.00	222.00
130	—	902	212.00	212.00
Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt
5	—	910	193.00	193.00

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.

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Fed Cattle — the cash market and what quality pays

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