Name: Lexington livestock auction prices — 2024-02-02
Creator: RaisedBeef
Published: 2024-02-02

Reporter comment USDA

As filed

Compared to last week steers over 700 lbs sold steady to 6.00 higher and heifers over 600 lbs sold steady to 3.00 lower. Demand was moderate to good from the buyers in the crowd with internet activity noticed.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $245.32/cwt on 1,192 head.

Average price

$245.32

1,192 head · 780 lb average

Value per head Derived

$1,913

Price × average weight ÷ 100

Grade differential Derived

−$497

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

$52.95/cwt at this weight

vs the market

−30.78

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	479	297.21	1,423	24
Medium and Large 1	786	244.26	1,920	1,168

One grade step is worth $52.95/cwt here — about −$497 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 sale1,192 hd

245.32

—

NE average9 barns · 19,283 hd

276.11

−30.78

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

30 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	—	611	236.00/cwt	236.00–236.00	1,442	5
Heifers	Medium and Large 1Fleshy	—	728	228.92/cwt	225.00–230.50	1,667	186
Heifers	Medium and Large 1Full	—	485	285.00/cwt	285.00–285.00	1,382	7
Heifers	Medium and Large 1	—	519	289.53/cwt	285.00–292.00	1,503	39
Heifers	Medium and Large 1	—	573	263.31/cwt	260.00–267.00	1,509	41
Heifers	Medium and Large 1	—	688	237.82/cwt	237.00–241.50	1,636	73
Steers	Medium and Large 1	—	703	255.79/cwt	252.50–259.00	1,798	110
Steers	Medium and Large 1	—	814	246.00/cwt	246.00–246.00	2,002	143
Steers	Medium and Large 1	—	874	233.40/cwt	232.00–234.00	2,040	200
Steers	Medium and Large 1	—	783	242.81/cwt	238.50–245.00	1,901	353
Steers	Medium and Large 1-2Thin Fleshed	—	389	330.00/cwt	330.00–330.00	1,284	5
Steers	Medium and Large 1Thin Fleshed	—	715	267.00/cwt	267.00–267.00	1,909	12
Steers	Medium and Large 1Fleshy	—	877	223.80/cwt	220.75–225.25	1,963	135
Steers	Medium and Large 1-2Full	—	415	294.00/cwt	294.00–294.00	1,220	6
Steers	Medium and Large 1-2	—	550	275.00/cwt	275.00–275.00	1,513	5
Steers	Medium and Large 1-2	—	538	293.00/cwt	293.00–293.00	1,576	8
Steers	Medium and Large 1	—	516	314.50/cwt	314.50–314.50	1,623	9
Steers	Medium and Large 1	—	612	298.00/cwt	298.00–298.00	1,824	12
Steers	Medium and Large 1Fleshy	—	783	233.50/cwt	233.50–233.50	1,828	63
Steers	Medium and Large 1Fleshy	—	724	243.33/cwt	241.00–246.50	1,762	64
Steers	Medium and Large 1Fleshy	—	665	263.00/cwt	263.00–263.00	1,749	8
Steers	Medium and Large 1Fleshy	—	575	290.00/cwt	290.00–290.00	1,668	9
Steers	Medium and Large 1Fleshy	—	492	315.00/cwt	315.00–315.00	1,550	22
Steers	Medium and Large 1Fleshy	—	642	273.00/cwt	273.00–273.00	1,753	22
Heifers	Medium and Large 1	—	738	233.55/cwt	232.60–237.00	1,724	84
Heifers	Medium and Large 1	—	774	224.76/cwt	221.00–226.25	1,740	130
Heifers	Medium and Large 1	—	829	217.00/cwt	217.00–217.00	1,799	140
Heifers	Medium and Large 1	—	624	254.75/cwt	250.00–257.00	1,590	150
Heifers	Medium and Large 1Thin Fleshed	—	656	253.44/cwt	253.00–254.50	1,663	281
Steers	Medium and Large 1Fleshy	—	519	305.00/cwt	305.00–305.00	1,583	6

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 Feb 2, 2024

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

Receipts 2,472Last week 4,288Year ago 3,044

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
5	—	611	236.00	236.00
186	—	728	225.00–230.50	228.92
Heifers — Medium and Large 1 · Full$ per cwt · actual wt
7	—	485	285.00	285.00
Heifers — Medium and Large 1$ per cwt · actual wt
39	—	519	285.00–292.00	289.53
41	—	573	260.00–267.00	263.31
73	—	688	237.00–241.50	237.82
84	—	738	232.60–237.00	233.55
130	—	774	221.00–226.25	224.76
140	—	829	217.00	217.00
150	—	624	250.00–257.00	254.75
Heifers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
281	—	656	253.00–254.50	253.44
Steers — Medium and Large 1$ per cwt · actual wt
110	—	703	252.50–259.00	255.79
143	—	814	246.00	246.00
200	—	874	232.00–234.00	233.40
353	—	783	238.50–245.00	242.81
9	—	516	314.50	314.50
12	—	612	298.00	298.00
Steers — Medium and Large 1-2 · Thin Fleshed$ per cwt · actual wt
5	—	389	330.00	330.00
Steers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
12	—	715	267.00	267.00
Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt
135	—	877	220.75–225.25	223.80
63	—	783	233.50	233.50
64	—	724	241.00–246.50	243.33
8	—	665	263.00	263.00
9	—	575	290.00	290.00
22	—	492	315.00	315.00
22	—	642	273.00	273.00
6	—	519	305.00	305.00
Steers — Medium and Large 1-2 · Full$ per cwt · actual wt
6	—	415	294.00	294.00
Steers — Medium and Large 1-2$ per cwt · actual wt
5	—	550	275.00	275.00
8	—	538	293.00	293.00

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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