Sale reports / Nebraska / Lexington / 2023-10-20

Lexington

Feeder Cattle · Lexington, Nebraska · Fri, Oct 20
● Final31 lots reportedUSDA AMS · slug 1849
Receipts
1,988 head
▲ 404 vs last sale 1,584▼ 290 vs year ago 2,278 · −12.7%
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Reporter comment USDA

As filed

Compared to last week steer calves sold 4.00 to 8.00 lower and heifer calves under 600 lbs sold steady to 8.00 lower. 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 $292.86/cwt on 970 head.
Average price
$292.86
970 head · 562 lb average
Value per head Derived
$1,647
Price × average weight ÷ 100
Grade differential Derived
$221
per head · Medium and Large 1 over Medium and Large 1-2
$9.74/cwt at this weight
vs the market
−7.44
vs NE average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1571294.361,682821
Medium and Large 1-2513284.621,460149
One grade step is worth $9.74/cwt here — about $221 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 sale970 hd
292.86
—
NE average10 barns · 14,746 hd
300.30
−7.44
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

31 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.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
HeifersMedium and Large 1—984216.00/cwt216.00–216.002,1256
HeifersMedium and Large 1—384313.00/cwt313.00–313.001,20213
HeifersMedium and Large 1—671253.78/cwt245.00–255.001,70364
HeifersMedium and Large 1—440292.19/cwt287.00–294.001,28683
HeifersMedium and Large 1—559258.24/cwt250.50–263.501,44484
HeifersMedium and Large 1—474274.47/cwt268.00–281.001,30193
SteersMedium and Large 1—610273.40/cwt265.00–278.001,66868
SteersMedium and Large 1-2—582276.37/cwt275.00–279.001,60821
SteersMedium and Large 1-2Thin Fleshed—520293.00/cwt293.00–293.001,52414
SteersMedium and Large 1—479322.17/cwt318.00–334.001,543148
SteersMedium and Large 1-2Unweaned—703239.00/cwt239.00–239.001,6805
SteersMedium and Large 1—708256.75/cwt256.75–256.751,81847
SteersMedium and Large 1-2—387303.50/cwt300.00–313.001,17550
SteersMedium and Large 1—422341.00/cwt341.00–341.001,43910
SteersMedium and Large 1-2Thin Fleshed—467303.00/cwt303.00–303.001,41510
SteersMedium and Large 1-2—695243.50/cwt243.50–243.501,69213
SteersMedium and Large 1—666263.08/cwt259.00–268.501,752135
SteersMedium and Large 1-2Thin Fleshed—354322.50/cwt322.50–322.501,1425
SteersMedium and Large 1—511314.28/cwt300.00–320.001,60693
HeifersMedium and Large 1—615255.04/cwt250.75–260.001,568123
SteersMedium and Large 1—576293.42/cwt282.00–301.001,690268
SteersMedium and Large 1-2—418302.00/cwt302.00–302.001,2626
SteersMedium and Large 1-2—476291.55/cwt290.00–293.001,38810
SteersMedium and Large 1—387358.00/cwt358.00–358.001,38519
SteersMedium and Large 1-2—641250.00/cwt250.00–250.001,6036
SteersMedium and Large 1Fancy—606295.00/cwt295.00–295.001,78833
SteersMedium and Large 1-2—832233.00/cwt233.00–233.001,9399
HeifersMedium and Large 1-2—518251.69/cwt250.00–252.501,30435
HeifersMedium and Large 1-2—590242.70/cwt241.50–247.001,43227
HeifersMedium and Large 1-2—420281.00/cwt281.00–281.001,1809
HeifersMedium and Large 1—526260.24/cwt256.50–268.001,369138

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.