Name: Lexington livestock auction prices — 2023-09-29
Creator: RaisedBeef
Published: 2023-09-29

Reporter comment USDA

As filed

Compared to two weeks ago, not enough comparable offerings of feeders to establish a trend although a lower undertone was noted. Around 1000 head of spring calves also sold in the mix with the calves not having preconditioning shots selling at a discount. Demand ranged from moderate to very good throughout the auction.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $270.59/cwt on 1,037 head.

Average price

$270.59

1,037 head · 726 lb average

Value per head Derived

$1,964

Price × average weight ÷ 100

Grade differential Derived

$324

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

$5.23/cwt at this weight

vs the market

+3.05

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	732	270.91	1,984	975
Medium and Large 1-2	625	265.67	1,659	62

One grade step is worth $5.23/cwt here — about $324 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 sale1,037 hd

270.59

—

NE average6 barns · 7,276 hd

267.54

+3.05

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

37 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
Heifers	Medium and Large 1Fancy	—	565	310.00/cwt	310.00–310.00	1,752	47
Heifers	Medium and Large 1Fancy	—	643	287.00/cwt	287.00–287.00	1,845	118
Heifers	Medium and Large 1Fleshy	—	979	205.66/cwt	205.00–207.00	2,013	21
Heifers	Medium and Large 1	—	462	290.00/cwt	290.00–290.00	1,340	10
Heifers	Medium and Large 1	—	937	227.00/cwt	227.00–227.00	2,127	14
Heifers	Medium and Large 1	—	383	294.68/cwt	280.00–310.00	1,129	18
Steers	Medium and Large 1	—	971	237.75/cwt	237.75–237.75	2,309	61
Steers	Medium and Large 1Unweaned	—	762	262.50/cwt	262.50–262.50	2,000	79
Steers	Medium and Large 1Unweaned	—	617	277.88/cwt	260.00–291.00	1,715	115
Steers	Medium and Large 1	—	724	264.69/cwt	264.00–268.00	1,916	48
Steers	Medium and Large 1-2	—	665	259.65/cwt	258.00–260.00	1,727	29
Steers	Medium and Large 1	—	521	312.88/cwt	304.00–317.50	1,630	89
Steers	Medium and Large 1Unweaned	—	671	291.06/cwt	281.00–292.00	1,953	217
Steers	Medium and Large 1	—	563	299.50/cwt	299.50–299.50	1,686	18
Steers	Medium and Large 1	—	427	331.69/cwt	324.00–337.00	1,416	27
Steers	Medium and Large 1-2	—	391	298.00/cwt	298.00–298.00	1,165	6
Steers	Medium and Large 1-2	—	638	260.00/cwt	260.00–260.00	1,659	5
Steers	Medium and Large 1-2	—	715	257.00/cwt	257.00–257.00	1,838	17
Steers	Medium and Large 1	—	892	239.97/cwt	236.00–241.00	2,141	265
Heifers	Medium and Large 1	—	512	272.03/cwt	262.00–282.00	1,393	37
Steers	Medium and Large 1-2	—	349	297.00/cwt	297.00–297.00	1,037	5
Heifers	Medium and Large 1	—	744	245.75/cwt	245.75–245.75	1,828	35
Heifers	Medium and Large 1	—	583	261.50/cwt	261.50–261.50	1,525	35
Steers	Medium and Large 1	—	650	270.00/cwt	270.00–270.00	1,755	12
Steers	Medium and Large 1	—	751	268.00/cwt	268.00–268.00	2,013	36
Heifers	Medium and Large 1-2	—	810	225.00/cwt	225.00–225.00	1,823	6
Steers	Medium and Large 1	—	490	300.00/cwt	300.00–300.00	1,470	8
Heifers	Medium and Large 1	—	687	249.50/cwt	248.50–250.00	1,714	55
Heifers	Medium and Large 1-2	—	411	240.00/cwt	240.00–240.00	986	9
Heifers	Medium and Large 1-2	—	581	247.06/cwt	241.00–253.50	1,435	86
Heifers	Medium and Large 1-2	—	538	241.00/cwt	241.00–241.00	1,297	8
Heifers	Medium and Large 1-2	—	884	213.00/cwt	213.00–213.00	1,883	17
Heifers	Medium and Large 1	—	812	230.00/cwt	230.00–230.00	1,868	25
Heifers	Medium and Large 1-2	—	360	258.00/cwt	258.00–258.00	929	28
Heifers	Medium and Large 1	—	430	286.56/cwt	281.00–291.00	1,232	42
Heifers	Medium and Large 1	—	783	236.29/cwt	234.75–241.00	1,850	346
Heifers	Medium and Large 1-2	—	468	244.00/cwt	244.00–244.00	1,142	8

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 Sep 29, 2023

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

Receipts 2,258Last week 1,206Year ago 3,887

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Fancy$ per cwt · actual wt
47	—	565	310.00	310.00
118	—	643	287.00	287.00
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
21	—	979	205.00–207.00	205.66
Heifers — Medium and Large 1$ per cwt · actual wt
10	—	462	290.00	290.00
14	—	937	227.00	227.00
18	—	383	280.00–310.00	294.68
37	—	512	262.00–282.00	272.03
35	—	744	245.75	245.75
35	—	583	261.50	261.50
55	—	687	248.50–250.00	249.50
25	—	812	230.00	230.00
42	—	430	281.00–291.00	286.56
346	—	783	234.75–241.00	236.29
Heifers — Medium and Large 1-2$ per cwt · actual wt
6	—	810	225.00	225.00
9	—	411	240.00	240.00
86	—	581	241.00–253.50	247.06
8	—	538	241.00	241.00
17	—	884	213.00	213.00
28	—	360	258.00	258.00
8	—	468	244.00	244.00
Steers — Medium and Large 1$ per cwt · actual wt
61	—	971	237.75	237.75
48	—	724	264.00–268.00	264.69
89	—	521	304.00–317.50	312.88
18	—	563	299.50	299.50
27	—	427	324.00–337.00	331.69
265	—	892	236.00–241.00	239.97
12	—	650	270.00	270.00
36	—	751	268.00	268.00
8	—	490	300.00	300.00
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
79	—	762	262.50	262.50
115	—	617	260.00–291.00	277.88
217	—	671	281.00–292.00	291.06
Steers — Medium and Large 1-2$ per cwt · actual wt
29	—	665	258.00–260.00	259.65
6	—	391	298.00	298.00
5	—	638	260.00	260.00
17	—	715	257.00	257.00
5	—	349	297.00	297.00

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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