Name: Lexington livestock auction prices — 2023-08-18
Creator: RaisedBeef
Published: 2023-08-18

Reporter comment USDA

As filed

Compared to two weeks ago, steers 900-950 lbs sold 5.00 lower and heifers over 850 lbs sold 4.00 to 8.00 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 $240.31/cwt on 805 head.

Average price

$240.31

805 head · 943 lb average

Value per head Derived

$2,266

Price × average weight ÷ 100

Grade differential Derived

$21

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

$12.82/cwt at this weight

vs the market

+0.00

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	940	241.31	2,267	742
Medium and Large 1-2	983	228.49	2,246	63

One grade step is worth $12.82/cwt here — about $21 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 sale805 hd

240.31

—

NE average1 barns · 805 hd

240.31

+0.00

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

17 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	—	910	242.77/cwt	242.00–243.50	2,209	159
Steers	Medium and Large 1Unweaned	—	453	300.00/cwt	300.00–300.00	1,359	9
Heifers	Medium and Large 1Unweaned	—	275	297.50/cwt	297.50–297.50	818	7
Heifers	Medium and Large 1Unweaned	—	365	296.00/cwt	296.00–296.00	1,080	8
Heifers	Medium and Large 1	—	859	233.37/cwt	233.00–234.00	2,005	16
Heifers	Medium and Large 1-2Fleshy	—	594	260.00/cwt	260.00–260.00	1,544	7
Heifers	Medium and Large 1-2Fleshy	—	991	213.00/cwt	213.00–213.00	2,111	15
Heifers	Medium and Large 1	—	714	241.50/cwt	241.50–241.50	1,724	5
Heifers	Medium and Large 1	—	930	231.28/cwt	231.00–231.50	2,151	11
Heifers	Medium and Large 1	—	788	235.95/cwt	235.50–237.50	1,859	18
Heifers	Medium and Large 1	—	968	230.09/cwt	229.50–233.00	2,227	60
Steers	Medium and Large 1-2	—	912	230.00/cwt	230.00–230.00	2,098	6
Steers	Medium and Large 1	—	974	237.88/cwt	236.50–240.00	2,317	154
Steers	Medium and Large 1-2Fleshy	—	1,059	220.50/cwt	220.50–220.50	2,335	44
Steers	Medium and Large 1-2Gaunt	—	759	254.83/cwt	253.00–257.00	1,934	13
Steers	Medium and Large 1	—	873	247.71/cwt	246.75–248.50	2,163	181
Steers	Medium and Large 1	—	1,006	235.50/cwt	235.50–235.50	2,369	239

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 18, 2023

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

Receipts 1,040Last week 1,383Year ago 1,863

Compared to two weeks ago, steers 900-950 lbs sold 5.00 lower and heifers over 850 lbs sold 4.00 to 8.00 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$ per cwt · actual wt
159	—	910	242.00–243.50	242.77
154	—	974	236.50–240.00	237.88
181	—	873	246.75–248.50	247.71
239	—	1,006	235.50	235.50
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
9	—	453	300.00	300.00
Steers — Medium and Large 1-2$ per cwt · actual wt
6	—	912	230.00	230.00
Steers — Medium and Large 1-2 · Fleshy$ per cwt · actual wt
44	—	1,059	220.50	220.50
Steers — Medium and Large 1-2 · Gaunt$ per cwt · actual wt
13	—	759	253.00–257.00	254.83
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
7	—	275	297.50	297.50
8	—	365	296.00	296.00
Heifers — Medium and Large 1$ per cwt · actual wt
16	—	859	233.00–234.00	233.37
5	—	714	241.50	241.50
11	—	930	231.00–231.50	231.28
18	—	788	235.50–237.50	235.95
60	—	968	229.50–233.00	230.09
Heifers — Medium and Large 1-2 · Fleshy$ per cwt · actual wt
7	—	594	260.00	260.00
15	—	991	213.00	213.00

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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