Name: Lexington livestock auction prices — 2024-03-01
Creator: RaisedBeef
Published: 2024-03-01

Reporter comment USDA

As filed

Compared to last weeks comparable offerings steers sold steady to 4.00 higher and heifers sold 5.00 to 6.00 higher. Demand was good from the buyers in the crowd and on the internet.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $274.00/cwt on 1,521 head.

Average price

$274.00

1,521 head · 757 lb average

Value per head Derived

$2,073

Price × average weight ÷ 100

Grade differential Derived

−$459

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

$16.05/cwt at this weight

vs the market

−12.77

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	559	289.82	1,620	22
Medium and Large 1	760	273.77	2,079	1,499

One grade step is worth $16.05/cwt here — about −$459 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 sale1,521 hd

274.00

—

NE average8 barns · 12,497 hd

286.77

−12.77

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

44 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	—	852	210.00/cwt	210.00–210.00	1,789	24
Heifers	Medium and Large 1Fleshy	—	592	267.00/cwt	267.00–267.00	1,581	27
Heifers	Medium and Large 1Fleshy	—	681	239.26/cwt	239.00–240.00	1,629	27
Heifers	Medium and Large 1Fleshy	—	614	253.01/cwt	252.00–254.00	1,553	29
Heifers	Medium and Large 1	—	794	228.50/cwt	228.50–228.50	1,814	9
Heifers	Medium and Large 1	—	433	317.20/cwt	316.00–320.00	1,373	50
Steers	Medium and Large 1	—	450	348.00/cwt	348.00–348.00	1,566	26
Steers	Medium and Large 1	—	775	254.75/cwt	254.75–254.75	1,974	31
Steers	Medium and Large 1-2	—	510	300.00/cwt	300.00–300.00	1,530	8
Steers	Medium and Large 1	—	519	332.78/cwt	328.00–337.00	1,727	92
Steers	Medium and Large 1Thin Fleshed	—	873	253.75/cwt	253.75–253.75	2,215	145
Steers	Medium and Large 1Thin Fleshed	—	915	245.50/cwt	245.50–245.50	2,246	166
Steers	Medium and Large 1	—	363	362.00/cwt	362.00–362.00	1,314	8
Steers	Medium and Large 1	—	1,056	204.00/cwt	204.00–204.00	2,154	24
Steers	Medium and Large 1Fleshy	—	626	277.00/cwt	277.00–277.00	1,734	19
Steers	Medium and Large 1Fleshy	—	882	227.91/cwt	223.50–232.00	2,010	21
Steers	Medium and Large 1Thin Fleshed	—	396	383.00/cwt	383.00–383.00	1,517	10
Steers	Medium and Large 1-2	—	587	284.00/cwt	284.00–284.00	1,667	14
Steers	Medium and Large 1	—	625	297.43/cwt	295.25–299.50	1,859	52
Steers	Medium and Large 1	—	941	235.00/cwt	235.00–235.00	2,211	34
Heifers	Medium and Large 1Replacement	—	787	235.98/cwt	231.75–239.00	1,857	267
Heifers	Medium and Large 1Thin Fleshed	—	908	220.00/cwt	220.00–220.00	1,998	15
Steers	Medium and Large 1	—	581	322.32/cwt	319.50–326.50	1,873	194
Steers	Medium and Large 1	—	667	293.26/cwt	290.00–296.00	1,956	199
Steers	Medium and Large 1	—	872	247.35/cwt	241.00–248.25	2,157	299
Steers	Medium and Large 1	—	821	247.78/cwt	246.00–250.00	2,034	57
Heifers	Medium and Large 1Thin Fleshed	—	552	296.07/cwt	294.50–298.50	1,634	41
Heifers	Medium and Large 1	—	1,007	193.00/cwt	193.00–193.00	1,944	22
Steers	Medium and Large 1Fleshy	—	680	266.91/cwt	266.50–267.00	1,815	44
Steers	Medium and Large 1	—	969	229.00/cwt	229.00–229.00	2,219	44
Heifers	Medium and Large 1Replacement	—	863	221.00/cwt	221.00–221.00	1,907	28
Heifers	Medium and Large 1Replacement	—	716	243.33/cwt	240.50–244.50	1,742	81
Heifers	Medium and Large 1	—	486	311.11/cwt	302.50–313.00	1,512	63
Heifers	Medium and Large 1	—	395	328.00/cwt	328.00–328.00	1,296	10
Steers	Medium and Large 1Fleshy	—	960	216.00/cwt	216.00–216.00	2,074	15
Steers	Medium and Large 1Fleshy	—	500	322.00/cwt	322.00–322.00	1,610	19
Heifers	Medium and Large 1Replacement	—	824	224.75/cwt	224.75–224.75	1,852	13
Heifers	Medium and Large 1	—	682	253.15/cwt	245.00–256.50	1,726	154
Heifers	Medium and Large 1	—	705	235.00/cwt	235.00–235.00	1,657	12
Heifers	Medium and Large 1	—	874	215.00/cwt	215.00–215.00	1,879	15
Heifers	Medium and Large 1	—	582	276.21/cwt	276.00–276.50	1,608	45
Heifers	Medium and Large 1	—	918	206.00/cwt	206.00–206.00	1,891	12
Heifers	Medium and Large 1	—	333	346.00/cwt	346.00–346.00	1,152	5
Heifers	Medium and Large 1	—	518	300.49/cwt	297.50–304.00	1,557	85

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 Mar 1, 2024

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

Receipts 2,696Last week 2,690Year ago 1,743

Compared to last weeks comparable offerings steers sold steady to 4.00 higher and heifers sold 5.00 to 6.00 higher. Demand was good from the buyers in the crowd and on the internet.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
24	—	852	210.00	210.00
27	—	592	267.00	267.00
27	—	681	239.00–240.00	239.26
29	—	614	252.00–254.00	253.01
Heifers — Medium and Large 1$ per cwt · actual wt
9	—	794	228.50	228.50
50	—	433	316.00–320.00	317.20
22	—	1,007	193.00	193.00
63	—	486	302.50–313.00	311.11
10	—	395	328.00	328.00
154	—	682	245.00–256.50	253.15
12	—	705	235.00	235.00
15	—	874	215.00	215.00
45	—	582	276.00–276.50	276.21
12	—	918	206.00	206.00
5	—	333	346.00	346.00
85	—	518	297.50–304.00	300.49
Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt
267	—	787	231.75–239.00	235.98
28	—	863	221.00	221.00
81	—	716	240.50–244.50	243.33
13	—	824	224.75	224.75
Heifers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
15	—	908	220.00	220.00
41	—	552	294.50–298.50	296.07
Steers — Medium and Large 1$ per cwt · actual wt
26	—	450	348.00	348.00
31	—	775	254.75	254.75
92	—	519	328.00–337.00	332.78
8	—	363	362.00	362.00
24	—	1,056	204.00	204.00
52	—	625	295.25–299.50	297.43
34	—	941	235.00	235.00
194	—	581	319.50–326.50	322.32
199	—	667	290.00–296.00	293.26
299	—	872	241.00–248.25	247.35
57	—	821	246.00–250.00	247.78
44	—	969	229.00	229.00
Steers — Medium and Large 1-2$ per cwt · actual wt
8	—	510	300.00	300.00
14	—	587	284.00	284.00
Steers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
145	—	873	253.75	253.75
166	—	915	245.50	245.50
10	—	396	383.00	383.00
Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt
19	—	626	277.00	277.00
21	—	882	223.50–232.00	227.91
44	—	680	266.50–267.00	266.91
15	—	960	216.00	216.00
19	—	500	322.00	322.00

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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