Name: Lexington livestock auction prices — 2023-06-23
Creator: RaisedBeef
Published: 2023-06-23

Reporter comment USDA

As filed

First reported sale in recent weeks a trend is not applicable. 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 $226.64/cwt on 1,664 head.

Average price

$226.64

1,664 head · 921 lb average

Value per head Derived

$2,087

Price × average weight ÷ 100

Grade differential Derived

−$716

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

$40.98/cwt at this weight

vs the market

−0.85

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	513	267.50	1,372	5thin
Medium and Large 1	922	226.52	2,089	1,659

One grade step is worth $40.98/cwt here — about −$716 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 sale1,664 hd

226.64

—

NE average3 barns · 2,912 hd

227.49

−0.85

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

11 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 1Full	—	878	192.50/cwt	192.50–192.50	1,690	13
Bulls	Medium and Large 1	—	432	291.00/cwt	291.00–291.00	1,257	10
Bulls	Medium and Large 1-2	—	537	236.00/cwt	236.00–236.00	1,267	5
Heifers	Medium and Large 1Unweaned	—	544	239.00/cwt	239.00–239.00	1,300	5
Heifers	Medium and Large 1Unweaned	—	229	760.00/head	760.00–760.00	760	7
Steers	Medium and Large 1	—	987	220.75/cwt	220.75–220.75	2,179	284
Steers	Medium and Large 1	—	897	230.34/cwt	230.25–230.50	2,066	320
Steers	Medium and Large 1	—	914	226.68/cwt	215.00–230.50	2,072	1,049
Steers	Medium and Large 1-2	—	513	267.50/cwt	267.50–267.50	1,372	5
Steers	Medium and Large 1Unweaned	—	585	267.00/cwt	267.00–267.00	1,562	6
Steers	Medium and Large 1Unweaned	—	233	760.00/head	760.00–760.00	760	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 Jun 23, 2023

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

Receipts 1,914Last week 1,595Year ago 2,183

First reported sale in recent weeks a trend is not applicable. 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 · Full$ per cwt · actual wt
13	—	878	192.50	192.50
Bulls — Medium and Large 1$ per cwt · actual wt
10	—	432	291.00	291.00
Bulls — Medium and Large 1-2$ per cwt · actual wt
5	—	537	236.00	236.00
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
5	—	544	239.00	239.00
7	—	229	760.00	760.00
Steers — Medium and Large 1$ per cwt · actual wt
284	—	987	220.75	220.75
320	—	897	230.25–230.50	230.34
1,049	—	914	215.00–230.50	226.68
Steers — Medium and Large 1-2$ per cwt · actual wt
5	—	513	267.50	267.50
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
6	—	585	267.00	267.00
13	—	233	760.00	760.00

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