Name: Lexington livestock auction prices — 2024-03-08
Creator: RaisedBeef
Published: 2024-03-08

Reporter comment USDA

As filed

Compared to last weeks comparable offerings steers sold 3.00 to 5.00 higher and heifers sold steady to 8.00 higher. Demand was good from the buyers in the crowd and on the internet. The consignments sheet was shorter than expected due to a winter storm that moved through the trade area last night.

Weight class

Heifers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb heifers averaged $286.47/cwt on 106 head. That ranks 1 of 19 comparable sales and sits −152.56 against this barn's trailing median of $439.03.

Average price

$286.47

106 head · 545 lb average

Value per head Derived

$1,561

Price × average weight ÷ 100

Grade differential Derived

$186

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

$26.99/cwt at this weight

vs the market

−6.69

vs NE average

+14.56 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	546	287.99	1,572	100
Medium and Large 1-2	531	261.00	1,386	6thin

One grade step is worth $26.99/cwt here — about $186 a head. Across this sale the premium is widest at 500–600 lb. USDA reports each grade on its own line and never publishes the spread.

This barn's trailing prices 500–600 lb

19 sales

Heifers 500–600 lb: high $478.24, low $388.00, median $439.03 across 19 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

How it compared 500–600 lb

Same class and week · spot auction only

This sale106 hd

286.47

—

NE average6 barns · 1,586 hd

293.16

−6.69

National average176 barns · 15,352 hd

271.91

+14.56

This barn, trailing median19 sales

439.03

−152.56

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

36 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	350–400	378	375.00/cwt	375.00–375.00	1,418	14
Heifers	Medium and Large 1Fleshy	750–800	779	231.50/cwt	231.50–231.50	1,803	20
Heifers	Medium and Large 1Fleshy	500–550	527	292.00/cwt	292.00–292.00	1,539	43
Steers	Medium and Large 1Fleshy	450–500	473	347.00/cwt	347.00–347.00	1,641	9
Steers	Medium and Large 1Fleshy	600–650	640	288.50/cwt	288.50–288.50	1,846	25
Steers	Medium and Large 1Fleshy	550–600	558	308.29/cwt	296.00–310.50	1,720	35
Steers	Medium and Large 1	700–750	717	281.00/cwt	281.00–281.00	2,015	43
Heifers	Medium and Large 1	350–400	365	343.27/cwt	341.00–345.00	1,253	40
Heifers	Medium and Large 1Full	400–450	417	313.00/cwt	313.00–313.00	1,305	30
Heifers	Medium and Large 1	450–500	473	310.00/cwt	310.00–310.00	1,466	10
Steers	Medium and Large 1	350–400	371	400.44/cwt	390.00–404.00	1,486	27
Steers	Medium and Large 1	550–600	573	327.09/cwt	326.00–329.00	1,874	27
Steers	Medium and Large 1	900–950	920	237.50/cwt	237.50–237.50	2,185	34
Steers	Medium and Large 1	250–300	280	410.00/cwt	410.00–410.00	1,148	21
Steers	Medium and Large 1	750–800	772	261.38/cwt	256.50–268.00	2,018	142
Heifers	Medium and Large 1	800–850	806	232.22/cwt	231.50–232.85	1,872	156
Heifers	Medium and Large 1	700–750	719	245.81/cwt	240.00–247.50	1,767	99
Heifers	Medium and Large 1	600–650	635	261.50/cwt	261.50–261.50	1,661	11
Heifers	Medium and Large 1	250–300	252	376.00/cwt	376.00–376.00	948	28
Steers	Medium and Large 1Thin Fleshed	450–500	487	369.50/cwt	369.50–369.50	1,799	32
Heifers	Medium and Large 1	650–700	692	249.29/cwt	246.50–253.00	1,725	50
Heifers	Medium and Large 1	550–600	560	284.97/cwt	284.00–286.50	1,596	57
Steers	Medium and Large 1	800–850	830	252.63/cwt	248.00–254.00	2,097	177
Steers	Medium and Large 1	450–500	450	355.00/cwt	355.00–355.00	1,598	5
Steers	Medium and Large 1	650–700	666	297.00/cwt	297.00–297.00	1,978	13
Steers	Medium and Large 1Thin Fleshed	600–650	610	322.22/cwt	321.50–323.50	1,966	37
Steers	Medium and Large 1Thin Fleshed	400–450	409	397.50/cwt	397.50–397.50	1,626	13
Heifers	Medium and Large 1Thin Fleshed	450–500	475	321.00/cwt	321.00–321.00	1,525	27
Heifers	Medium and Large 1	750–800	769	240.00/cwt	240.00–240.00	1,846	10
Heifers	Medium and Large 1Replacement	850–900	874	226.00/cwt	226.00–226.00	1,975	28
Heifers	Medium and Large 1Replacement	700–750	736	249.49/cwt	245.00–253.50	1,836	64
Steers	Medium and Large 1-2Thin Fleshed	400–450	410	330.00/cwt	330.00–330.00	1,353	10
Steers	Medium and Large 1-2Thin Fleshed	500–550	526	314.54/cwt	311.00–318.00	1,654	10
Steers	Medium and Large 1-2Thin Fleshed	450–500	494	326.00/cwt	326.00–326.00	1,610	11
Heifers	Medium and Large 1-2	500–550	531	261.00/cwt	261.00–261.00	1,386	6
Bulls	Medium and Large 1-2Thin Fleshed	400–450	419	330.00/cwt	330.00–330.00	1,383	15

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 8, 2024

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

Receipts 1,534Last week 2,696Year ago 2,108

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Fancy$ per cwt · actual wt
14	350–400	378	375.00	375.00
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
43	500–550	527	292.00	292.00
20	750–800	779	231.50	231.50
Heifers — Medium and Large 1$ per cwt · actual wt
28	250–300	252	376.00	376.00
40	350–400	365	341.00–345.00	343.27
10	450–500	473	310.00	310.00
57	550–600	560	284.00–286.50	284.97
11	600–650	635	261.50	261.50
50	650–700	692	246.50–253.00	249.29
99	700–750	719	240.00–247.50	245.81
10	750–800	769	240.00	240.00
156	800–850	806	231.50–232.85	232.22
Heifers — Medium and Large 1 · Full$ per cwt · actual wt
30	400–450	417	313.00	313.00
Heifers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
27	450–500	475	321.00	321.00
Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt
64	700–750	736	245.00–253.50	249.49
28	850–900	874	226.00	226.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
6	500–550	531	261.00	261.00
Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt
9	450–500	473	347.00	347.00
35	550–600	558	296.00–310.50	308.29
25	600–650	640	288.50	288.50
Steers — Medium and Large 1$ per cwt · actual wt
21	250–300	280	410.00	410.00
27	350–400	371	390.00–404.00	400.44
5	450–500	450	355.00	355.00
27	550–600	573	326.00–329.00	327.09
13	650–700	666	297.00	297.00
43	700–750	717	281.00	281.00
142	750–800	772	256.50–268.00	261.38
177	800–850	830	248.00–254.00	252.63
34	900–950	920	237.50	237.50
Steers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
13	400–450	409	397.50	397.50
32	450–500	487	369.50	369.50
37	600–650	610	321.50–323.50	322.22
Steers — Medium and Large 1-2 · Thin Fleshed$ per cwt · actual wt
10	400–450	410	330.00	330.00
11	450–500	494	326.00	326.00
10	500–550	526	311.00–318.00	314.54
Bulls — Medium and Large 1-2 · Thin Fleshed$ per cwt · actual wt
15	400–450	419	330.00	330.00

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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