Name: Lexington livestock auction prices — 2023-07-21
Creator: RaisedBeef
Published: 2023-07-21

Reporter comment USDA

As filed

Compared to two weeks ago steers over 850 lbs sold unevenly steady. Demand was moderate to 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 $248.24/cwt on 791 head.

Average price

$248.24

791 head · 907 lb average

Value per head Derived

$2,252

Price × average weight ÷ 100

Grade differential Derived

$354

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

$10.15/cwt at this weight

vs the market

−4.84

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	922	249.64	2,302	682
Medium and Large 1-2	813	239.49	1,948	109

One grade step is worth $10.15/cwt here — about $354 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 sale791 hd

248.24

—

NE average3 barns · 3,662 hd

253.08

−4.84

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

12 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	—	695	264.00/cwt	264.00–264.00	1,835	23
Steers	Medium and Large 1-2	—	800	250.75/cwt	250.75–250.75	2,006	28
Steers	Medium and Large 1-2	—	905	218.00/cwt	218.00–218.00	1,973	51
Heifers	Medium and Large 1Fleshy	—	919	213.00/cwt	213.00–213.00	1,957	59
Heifers	Medium and Large 1Fleshy	—	712	237.00/cwt	237.00–237.00	1,687	72
Heifers	Medium and Large 1	—	936	223.00/cwt	223.00–223.00	2,087	18
Heifers	Medium and Large 1	—	1,035	214.00/cwt	214.00–214.00	2,215	18
Heifers	Medium and Large 1	—	664	249.00/cwt	249.00–249.00	1,653	39
Heifers	Medium and Large 1	—	838	235.69/cwt	230.00–236.00	1,975	134
Steers	Medium and Large 1	—	862	255.50/cwt	255.50–255.50	2,202	128
Steers	Medium and Large 1	—	936	248.29/cwt	245.50–250.00	2,324	554
Steers	Medium and Large 1-2	—	589	270.50/cwt	270.50–270.50	1,593	7

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 21, 2023

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

Receipts 1,201Last week 1,326Year ago 1,211

Compared to two weeks ago steers over 850 lbs sold unevenly steady. Demand was moderate to 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
23	—	695	264.00	264.00
28	—	800	250.75	250.75
51	—	905	218.00	218.00
7	—	589	270.50	270.50
Steers — Medium and Large 1$ per cwt · actual wt
128	—	862	255.50	255.50
554	—	936	245.50–250.00	248.29
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
59	—	919	213.00	213.00
72	—	712	237.00	237.00
Heifers — Medium and Large 1$ per cwt · actual wt
18	—	936	223.00	223.00
18	—	1,035	214.00	214.00
39	—	664	249.00	249.00
134	—	838	230.00–236.00	235.69

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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