Name: Lexington livestock auction prices — 2023-08-04
Creator: RaisedBeef
Published: 2023-08-04

Reporter comment USDA

As filed

Compared to two weeks ago steers and heifers over 900 lbs sold steady. Demand was moderate to good for the yearling cattle with some lots coming out of grow yards showing a little extra flesh compared to those coming off summer grass.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $246.05/cwt on 864 head.

Average price

$246.05

864 head · 894 lb average

Value per head Derived

$2,199

Price × average weight ÷ 100

Grade differential Derived

$98

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

$36.81/cwt at this weight

vs the market

−11.56

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	783	249.81	1,956	143
Medium and Large 1	917	246.28	2,258	700
Large 1-2	872	213.00	1,857	21

One grade step is worth $36.81/cwt here — about $98 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 sale864 hd

246.05

—

NE average3 barns · 4,959 hd

257.62

−11.56

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

23 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 1Fleshy	—	893	246.50/cwt	246.50–246.50	2,201	135
Heifers	Medium and Large 1	—	665	254.50/cwt	254.50–254.50	1,692	88
Heifers	Medium and Large 1-2	—	543	251.00/cwt	251.00–251.00	1,363	14
Heifers	Medium and Large 1	—	862	229.00/cwt	229.00–229.00	1,974	12
Heifers	Medium and Large 1-2	—	671	235.50/cwt	235.50–235.50	1,580	15
Heifers	Medium and Large 1	—	1,022	216.00/cwt	216.00–216.00	2,208	23
Steers	Medium and Large 1-2	—	682	266.00/cwt	266.00–266.00	1,814	12
Heifers	Medium and Large 1	—	739	243.00/cwt	243.00–243.00	1,796	73
Steers	Medium and Large 1	—	926	247.65/cwt	244.00–249.00	2,293	447
Steers	Medium and Large 1-2	—	872	239.50/cwt	239.50–239.50	2,088	36
Steers	Medium and Large 1-2	—	750	248.00/cwt	248.00–248.00	1,860	19
Steers	Medium and Large 1Fleshy	—	933	237.14/cwt	235.50–239.25	2,213	113
Heifers	Medium and Large 1Thin Fleshed	—	931	227.00/cwt	227.00–227.00	2,113	19
Steers	Large 1-2	—	872	213.00/cwt	213.00–213.00	1,857	21
Steers	Medium and Large 1Unweaned	—	371	324.00/cwt	324.00–324.00	1,202	5
Steers	Medium and Large 1-2Thin Fleshed	—	803	249.00/cwt	249.00–249.00	1,999	63
Steers	Medium and Large 1-2	—	579	270.00/cwt	270.00–270.00	1,563	13
Heifers	Medium and Large 1	—	931	222.00/cwt	222.00–222.00	2,067	60
Heifers	Medium and Large 1	—	975	219.00/cwt	219.00–219.00	2,135	13
Heifers	Medium and Large 1-2Fleshy	—	1,005	191.00/cwt	191.00–191.00	1,920	14
Heifers	Medium and Large 1Fleshy	—	886	220.46/cwt	220.00–221.00	1,953	43
Heifers	Medium and Large 1Fleshy	—	655	245.00/cwt	245.00–245.00	1,605	27
Heifers	Medium and Large 1Fleshy	—	700	237.00/cwt	237.00–237.00	1,659	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 Aug 4, 2023

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

Receipts 1,383Last week 1,201Year ago 1,787

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt
135	—	893	246.50	246.50
113	—	933	235.50–239.25	237.14
Steers — Medium and Large 1-2$ per cwt · actual wt
12	—	682	266.00	266.00
36	—	872	239.50	239.50
19	—	750	248.00	248.00
13	—	579	270.00	270.00
Steers — Medium and Large 1$ per cwt · actual wt
447	—	926	244.00–249.00	247.65
Steers — Large 1-2$ per cwt · actual wt
21	—	872	213.00	213.00
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
5	—	371	324.00	324.00
Steers — Medium and Large 1-2 · Thin Fleshed$ per cwt · actual wt
63	—	803	249.00	249.00
Heifers — Medium and Large 1$ per cwt · actual wt
88	—	665	254.50	254.50
12	—	862	229.00	229.00
23	—	1,022	216.00	216.00
73	—	739	243.00	243.00
60	—	931	222.00	222.00
13	—	975	219.00	219.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
14	—	543	251.00	251.00
15	—	671	235.50	235.50
Heifers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
19	—	931	227.00	227.00
Heifers — Medium and Large 1-2 · Fleshy$ per cwt · actual wt
14	—	1,005	191.00	191.00
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
43	—	886	220.00–221.00	220.46
27	—	655	245.00	245.00
15	—	700	237.00	237.00

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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