Name: Lexington livestock auction prices — 2024-02-23
Creator: RaisedBeef
Published: 2024-02-23

Reporter comment USDA

As filed

Compared to last week, steers under 600 lbs was 5.00 - 2.00 higher and over 600 lbs was 5.00 - 12.00 higher. Heifers under 650 steady - 10.00 higher over 650 was 2.00 - 8.00 lower, except 750 lbs were 3.00 higher. Demand was good today with a good run offered.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $284.98/cwt on 1,343 head.

Average price

$284.98

1,343 head · 696 lb average

Value per head Derived

$1,985

Price × average weight ÷ 100

Grade differential Derived

$162

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

$22.33/cwt at this weight

vs the market

+3.72

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	696	285.63	1,989	1,304
Medium and Large 1-2	694	263.29	1,827	39

One grade step is worth $22.33/cwt here — about $162 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 sale1,343 hd

284.98

—

NE average7 barns · 14,016 hd

281.25

+3.72

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
Bulls	Medium and Large 1	—	739	253.00/cwt	253.00–253.00	1,870	16
Heifers	Medium and Large 1	—	870	209.50/cwt	209.50–209.50	1,823	9
Heifers	Medium and Large 1	—	1,075	177.00/cwt	177.00–177.00	1,903	9
Heifers	Medium and Large 1	—	804	225.50/cwt	225.50–225.50	1,813	13
Heifers	Medium and Large 1	—	486	298.42/cwt	295.00–304.00	1,450	18
Heifers	Medium and Large 1	—	441	312.00/cwt	312.00–312.00	1,376	22
Steers	Medium and Large 1	—	577	317.16/cwt	312.50–322.00	1,830	92
Steers	Medium and Large 1	—	888	240.19/cwt	238.00–243.00	2,133	134
Steers	Medium and Large 1-2	—	641	274.00/cwt	274.00–274.00	1,756	8
Steers	Medium and Large 1-2	—	585	290.00/cwt	290.00–290.00	1,697	10
Steers	Medium and Large 1	—	1,012	209.00/cwt	209.00–209.00	2,115	15
Steers	Medium and Large 1	—	824	251.16/cwt	245.75–258.25	2,070	244
Steers	Medium and Large 1	—	464	346.12/cwt	339.00–356.00	1,606	17
Steers	Medium and Large 1	—	431	377.07/cwt	376.00–379.00	1,625	34
Heifers	Medium and Large 1	—	577	283.32/cwt	281.00–293.00	1,635	108
Heifers	Medium and Large 1	—	768	235.30/cwt	226.50–237.25	1,807	117
Steers	Medium and Large 1	—	544	331.66/cwt	328.00–337.00	1,804	149
Steers	Medium and Large 1	—	667	287.65/cwt	277.00–295.50	1,919	181
Heifers	Medium and Large 1	—	513	294.60/cwt	289.50–309.50	1,511	138
Steers	Medium and Large 1	—	724	267.14/cwt	260.50–274.00	1,934	216
Heifers	Medium and Large 1-2	—	581	267.88/cwt	263.00–272.50	1,556	52
Heifers	Medium and Large 1-2	—	635	251.00/cwt	251.00–251.00	1,594	6
Steers	Medium and Large 1-2	—	766	246.50/cwt	246.50–246.50	1,888	21
Steers	Medium and Large 1	—	627	309.85/cwt	272.50–316.00	1,943	222
Heifers	Medium and Large 1Replacement	—	836	227.50/cwt	227.50–227.50	1,902	39
Heifers	Medium and Large 1Thin Fleshed	—	603	280.00/cwt	280.00–280.00	1,688	34
Heifers	Medium and Large 1	—	998	204.00/cwt	204.00–204.00	2,036	26
Heifers	Medium and Large 1-2	—	519	284.51/cwt	281.00–288.00	1,477	30
Heifers	Medium and Large 1	—	623	264.41/cwt	255.00–271.00	1,647	131
Heifers	Medium and Large 1	—	676	245.32/cwt	240.00–249.00	1,658	135
Heifers	Medium and Large 1Thin Fleshed	—	403	344.00/cwt	344.00–344.00	1,386	8
Heifers	Medium and Large 1	—	727	236.95/cwt	230.00–247.00	1,723	162

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 23, 2024

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

Receipts 2,690Last week 4,457Year ago 2,147

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
16	—	739	253.00	253.00
Heifers — Medium and Large 1$ per cwt · actual wt
9	—	870	209.50	209.50
9	—	1,075	177.00	177.00
13	—	804	225.50	225.50
18	—	486	295.00–304.00	298.42
22	—	441	312.00	312.00
108	—	577	281.00–293.00	283.32
117	—	768	226.50–237.25	235.30
138	—	513	289.50–309.50	294.60
26	—	998	204.00	204.00
131	—	623	255.00–271.00	264.41
135	—	676	240.00–249.00	245.32
162	—	727	230.00–247.00	236.95
Heifers — Medium and Large 1-2$ per cwt · actual wt
52	—	581	263.00–272.50	267.88
6	—	635	251.00	251.00
30	—	519	281.00–288.00	284.51
Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt
39	—	836	227.50	227.50
Heifers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
34	—	603	280.00	280.00
8	—	403	344.00	344.00
Steers — Medium and Large 1$ per cwt · actual wt
92	—	577	312.50–322.00	317.16
134	—	888	238.00–243.00	240.19
15	—	1,012	209.00	209.00
244	—	824	245.75–258.25	251.16
17	—	464	339.00–356.00	346.12
34	—	431	376.00–379.00	377.07
149	—	544	328.00–337.00	331.66
181	—	667	277.00–295.50	287.65
216	—	724	260.50–274.00	267.14
222	—	627	272.50–316.00	309.85
Steers — Medium and Large 1-2$ per cwt · actual wt
8	—	641	274.00	274.00
10	—	585	290.00	290.00
21	—	766	246.50	246.50

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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