Name: Lexington livestock auction prices — 2023-10-27
Creator: RaisedBeef
Published: 2023-10-27

Reporter comment USDA

As filed

Compared to last week steer and heifer calves sold steady to 10.00 lower. Nearly all consignments had received at least one round of preconditioning shots with very few being weaned. Demand was slow to good from a smaller than usual crowd of buyers who were being selective with their bidding and purchasing.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $277.69/cwt on 1,048 head.

Average price

$277.69

1,048 head · 578 lb average

Value per head Derived

$1,606

Price × average weight ÷ 100

Grade differential Derived

$212

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

$10.75/cwt at this weight

vs the market

−9.36

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	585	278.88	1,630	932
Medium and Large 1-2	529	268.13	1,418	116

One grade step is worth $10.75/cwt here — about $212 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 sale1,048 hd

277.69

—

NE average11 barns · 17,641 hd

287.06

−9.36

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

32 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 1Fleshy	—	589	230.00/cwt	230.00–230.00	1,355	7
Heifers	Medium and Large 1Fleshy	—	1,099	200.00/cwt	200.00–200.00	2,198	10
Heifers	Medium and Large 1Fleshy	—	625	233.00/cwt	233.00–233.00	1,456	15
Heifers	Medium and Large 1Fleshy	—	421	264.00/cwt	264.00–264.00	1,111	21
Heifers	Medium and Large 1Fleshy	—	536	247.19/cwt	241.00–251.00	1,325	202
Heifers	Medium and Large 1	—	653	239.68/cwt	237.25–242.00	1,565	45
Steers	Medium and Large 1	—	559	282.00/cwt	282.00–282.00	1,576	105
Steers	Medium and Large 1	—	482	327.50/cwt	327.50–327.50	1,579	41
Steers	Medium and Large 1-2	—	465	293.00/cwt	293.00–293.00	1,362	9
Steers	Medium and Large 1-2Fleshy	—	583	240.00/cwt	240.00–240.00	1,399	5
Steers	Medium and Large 1-2	—	566	260.12/cwt	255.00–262.00	1,472	49
Steers	Medium and Large 1	—	745	249.00/cwt	249.00–249.00	1,855	6
Steers	Medium and Large 1	—	433	345.00/cwt	345.00–345.00	1,494	36
Steers	Medium and Large 1	—	673	263.98/cwt	259.00–268.00	1,777	70
Steers	Medium and Large 1Fleshy	—	574	267.00/cwt	264.00–271.00	1,533	141
Steers	Medium and Large 1Fleshy	—	705	230.00/cwt	230.00–230.00	1,622	14
Steers	Medium and Large 1	—	518	295.13/cwt	293.00–296.00	1,529	52
Steers	Medium and Large 1-2	—	520	272.27/cwt	271.00–273.00	1,416	31
Steers	Medium and Large 1Fleshy	—	611	248.58/cwt	248.00–249.00	1,519	19
Steers	Medium and Large 1	—	623	267.91/cwt	258.00–275.00	1,669	244
Heifers	Medium and Large 1	—	467	267.76/cwt	263.00–277.50	1,250	40
Heifers	Medium and Large 1	—	610	243.86/cwt	240.25–245.00	1,488	103
Steers	Medium and Large 1-2Fleshy	—	443	284.00/cwt	284.00–284.00	1,258	8
Steers	Medium and Large 1	—	374	327.84/cwt	325.00–335.00	1,226	14
Steers	Medium and Large 1Fancy	—	572	296.00/cwt	296.00–296.00	1,693	120
Steers	Medium and Large 1Fleshy	—	665	251.34/cwt	249.00–253.50	1,671	52
Heifers	Medium and Large 1	—	517	263.01/cwt	253.00–266.50	1,360	166
Heifers	Medium and Large 1	—	566	246.62/cwt	241.00–250.00	1,396	175
Steers	Medium and Large 1-2Fleshy	—	490	272.00/cwt	272.00–272.00	1,333	14
Steers	Medium and Large 1Fleshy	—	519	278.02/cwt	276.00–279.00	1,443	18
Heifers	Medium and Large 1	—	417	281.41/cwt	271.00–285.00	1,173	57
Heifers	Medium and Large 1	—	378	305.00/cwt	305.00–305.00	1,153	11

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 Oct 27, 2023

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

Receipts 2,094Last week 1,988Year ago 2,668

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
7	—	589	230.00	230.00
10	—	1,099	200.00	200.00
15	—	625	233.00	233.00
21	—	421	264.00	264.00
202	—	536	241.00–251.00	247.19
Heifers — Medium and Large 1$ per cwt · actual wt
45	—	653	237.25–242.00	239.68
40	—	467	263.00–277.50	267.76
103	—	610	240.25–245.00	243.86
166	—	517	253.00–266.50	263.01
175	—	566	241.00–250.00	246.62
57	—	417	271.00–285.00	281.41
11	—	378	305.00	305.00
Steers — Medium and Large 1$ per cwt · actual wt
105	—	559	282.00	282.00
41	—	482	327.50	327.50
6	—	745	249.00	249.00
36	—	433	345.00	345.00
70	—	673	259.00–268.00	263.98
52	—	518	293.00–296.00	295.13
244	—	623	258.00–275.00	267.91
14	—	374	325.00–335.00	327.84
Steers — Medium and Large 1-2$ per cwt · actual wt
9	—	465	293.00	293.00
49	—	566	255.00–262.00	260.12
31	—	520	271.00–273.00	272.27
Steers — Medium and Large 1-2 · Fleshy$ per cwt · actual wt
5	—	583	240.00	240.00
8	—	443	284.00	284.00
14	—	490	272.00	272.00
Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt
141	—	574	264.00–271.00	267.00
14	—	705	230.00	230.00
19	—	611	248.00–249.00	248.58
52	—	665	249.00–253.50	251.34
18	—	519	276.00–279.00	278.02
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
120	—	572	296.00	296.00

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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Fed Cattle — the cash market and what quality pays

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