Name: Lexington livestock auction prices — 2024-02-16
Creator: RaisedBeef
Published: 2024-02-16

Reporter comment USDA

As filed

Compared to last week steers 500-750 lbs sold steady to 5.00 higher with steers over 750 lbs selling steady. Heifers under 550 lbs sold sharply higher with heifers over 600 lbs selling 5.00 to 7.00 higher. Some consignments came to the ring carrying tag (mud) and demand was good from the buyers in the crowd and on the internet.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $260.80/cwt on 2,262 head.

Average price

$260.80

2,262 head · 646 lb average

Value per head Derived

$1,685

Price × average weight ÷ 100

Grade differential Derived

−$345

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

$0.13/cwt at this weight

vs the market

−0.20

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	517	260.93	1,349	63
Medium and Large 1	650	260.80	1,694	2,199

One grade step is worth $0.13/cwt here — about −$345 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 sale2,262 hd

260.80

—

NE average9 barns · 13,297 hd

261.01

−0.20

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

41 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	—	498	327.00/cwt	327.00–327.00	1,628	123
Heifers	Medium and Large 1Fleshy	—	539	275.00/cwt	275.00–275.00	1,482	10
Heifers	Medium and Large 1Fleshy	—	643	252.00/cwt	252.00–252.00	1,620	21
Heifers	Medium and Large 1	—	422	320.64/cwt	316.00–322.50	1,353	20
Heifers	Medium and Large 1	—	384	324.37/cwt	321.00–329.00	1,246	66
Heifers	Medium and Large 1	—	526	291.54/cwt	290.00–293.50	1,534	72
Steers	Medium and Large 1Thin Fleshed	—	618	314.50/cwt	314.50–314.50	1,944	52
Steers	Medium and Large 1Thin Fleshed	—	529	339.88/cwt	338.50–342.00	1,798	23
Steers	Medium and Large 1Thin Fleshed	—	753	259.00/cwt	259.00–259.00	1,950	29
Steers	Medium and Large 1Thin Fleshed	—	666	296.00/cwt	296.00–296.00	1,971	102
Steers	Medium and Large 1	—	679	278.08/cwt	274.25–282.00	1,888	60
Steers	Medium and Large 1	—	544	326.75/cwt	324.00–330.00	1,778	59
Steers	Medium and Large 1	—	477	334.00/cwt	334.00–334.00	1,593	25
Steers	Medium and Large 1	—	716	260.59/cwt	255.50–268.00	1,866	270
Steers	Medium and Large 1	—	788	246.45/cwt	246.25–247.00	1,942	145
Steers	Medium and Large 1	—	371	365.68/cwt	357.50–371.00	1,357	20
Steers	Medium and Large 1	—	588	310.63/cwt	308.00–315.50	1,827	110
Steers	Medium and Large 1	—	1,018	212.41/cwt	210.00–213.50	2,162	22
Steers	Medium and Large 1	—	417	345.42/cwt	338.00–348.00	1,440	21
Steers	Medium and Large 1Fleshy	—	738	252.04/cwt	250.25–254.00	1,860	110
Steers	Medium and Large 1	—	898	228.00/cwt	228.00–228.00	2,047	43
Heifers	Medium and Large 1Unweaned	—	413	291.00/cwt	291.00–291.00	1,202	10
Steers	Medium and Large 1	—	625	289.76/cwt	285.00–301.00	1,811	122
Steers	Medium and Large 1Fancy	—	529	354.00/cwt	354.00–354.00	1,873	131
Steers	Medium and Large 1Fancy	—	428	377.47/cwt	373.00–379.00	1,616	41
Steers	Medium and Large 1Fleshy	—	490	320.00/cwt	320.00–320.00	1,568	15
Steers	Medium and Large 1Fleshy	—	880	223.00/cwt	223.00–223.00	1,962	252
Heifers	Medium and Large 1-2	—	488	271.00/cwt	271.00–271.00	1,322	20
Steers	Medium and Large 1	—	819	246.49/cwt	241.50–247.50	2,019	386
Heifers	Medium and Large 1Replacement	—	662	250.64/cwt	243.50–254.00	1,659	129
Heifers	Medium and Large 1Replacement	—	623	267.83/cwt	265.00–269.75	1,669	188
Heifers	Medium and Large 1Replacement	—	763	246.84/cwt	240.00–250.00	1,883	44
Heifers	Medium and Large 1Thin Fleshed	—	568	293.00/cwt	293.00–293.00	1,664	48
Heifers	Medium and Large 1-2	—	445	270.00/cwt	270.00–270.00	1,202	22
Heifers	Medium and Large 1	—	626	264.79/cwt	257.00–270.00	1,658	269
Heifers	Medium and Large 1	—	564	272.55/cwt	267.50–274.50	1,537	144
Heifers	Medium and Large 1	—	655	255.96/cwt	252.50–258.00	1,677	86
Heifers	Medium and Large 1-2	—	620	241.85/cwt	240.00–246.00	1,499	21
Heifers	Medium and Large 1	—	718	238.73/cwt	232.00–243.50	1,714	676
Heifers	Medium and Large 1	—	788	232.86/cwt	230.50–233.75	1,835	132
Heifers	Medium and Large 1Replacement	—	708	256.52/cwt	246.00–264.00	1,816	161

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 16, 2024

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

Receipts 4,457Last week 4,282Year ago 2,421

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Fancy$ per cwt · actual wt
123	—	498	327.00	327.00
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
10	—	539	275.00	275.00
21	—	643	252.00	252.00
Heifers — Medium and Large 1$ per cwt · actual wt
20	—	422	316.00–322.50	320.64
66	—	384	321.00–329.00	324.37
72	—	526	290.00–293.50	291.54
269	—	626	257.00–270.00	264.79
144	—	564	267.50–274.50	272.55
86	—	655	252.50–258.00	255.96
676	—	718	232.00–243.50	238.73
132	—	788	230.50–233.75	232.86
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
10	—	413	291.00	291.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
20	—	488	271.00	271.00
22	—	445	270.00	270.00
21	—	620	240.00–246.00	241.85
Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt
129	—	662	243.50–254.00	250.64
188	—	623	265.00–269.75	267.83
44	—	763	240.00–250.00	246.84
161	—	708	246.00–264.00	256.52
Heifers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
48	—	568	293.00	293.00
Steers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
52	—	618	314.50	314.50
23	—	529	338.50–342.00	339.88
29	—	753	259.00	259.00
102	—	666	296.00	296.00
Steers — Medium and Large 1$ per cwt · actual wt
60	—	679	274.25–282.00	278.08
59	—	544	324.00–330.00	326.75
25	—	477	334.00	334.00
270	—	716	255.50–268.00	260.59
145	—	788	246.25–247.00	246.45
20	—	371	357.50–371.00	365.68
110	—	588	308.00–315.50	310.63
22	—	1,018	210.00–213.50	212.41
21	—	417	338.00–348.00	345.42
43	—	898	228.00	228.00
122	—	625	285.00–301.00	289.76
386	—	819	241.50–247.50	246.49
Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt
110	—	738	250.25–254.00	252.04
15	—	490	320.00	320.00
252	—	880	223.00	223.00
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
131	—	529	354.00	354.00
41	—	428	373.00–379.00	377.47

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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