Name: Lexington livestock auction prices — 2023-07-07
Creator: RaisedBeef
Published: 2023-07-07

Reporter comment USDA

As filed

Compared to two weeks ago, steers over 850 lbs sold sharply higher. 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 $249.77/cwt on 1,173 head.

Average price

$249.77

1,173 head · 926 lb average

Value per head Derived

$2,312

Price × average weight ÷ 100

Grade differential Derived

$111

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

$24.51/cwt at this weight

vs the market

−12.75

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	924	250.37	2,314	1,144
Medium and Large 1-2	975	225.86	2,203	29

One grade step is worth $24.51/cwt here — about $111 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 sale1,173 hd

249.77

—

NE average2 barns · 2,243 hd

262.52

−12.75

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

9 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
Steers	Medium and Large 1-2	—	641	254.00/cwt	254.00–254.00	1,628	5
Steers	Medium and Large 1	—	931	251.49/cwt	249.00–254.75	2,341	914
Steers	Medium and Large 1-2	—	1,045	220.00/cwt	220.00–220.00	2,299	24
Steers	Medium and Large 1	—	855	248.50/cwt	248.50–248.50	2,125	168
Steers	Medium and Large 1	—	1,013	239.00/cwt	239.00–239.00	2,421	62
Heifers	Medium and Large 1-2Thin Fleshed	—	600	258.00/cwt	258.00–258.00	1,548	15
Heifers	Medium and Large 1-2Thin Fleshed	—	665	249.00/cwt	249.00–249.00	1,656	21
Heifers	Medium and Large 1-2	—	542	267.00/cwt	267.00–267.00	1,447	8
Heifers	Medium and Large 1	—	1,056	191.00/cwt	191.00–191.00	2,017	15

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 7, 2023

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

Receipts 1,326Last week 1,914Year ago 2,541

Compared to two weeks ago, steers over 850 lbs sold sharply higher. Demand was good from the buyers in the crowd.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
5	—	641	254.00	254.00
24	—	1,045	220.00	220.00
Steers — Medium and Large 1$ per cwt · actual wt
914	—	931	249.00–254.75	251.49
168	—	855	248.50	248.50
62	—	1,013	239.00	239.00
Heifers — Medium and Large 1-2 · Thin Fleshed$ per cwt · actual wt
15	—	600	258.00	258.00
21	—	665	249.00	249.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
8	—	542	267.00	267.00
Heifers — Medium and Large 1$ per cwt · actual wt
15	—	1,056	191.00	191.00

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

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