Name: Lexington livestock auction prices — 2024-03-15
Creator: RaisedBeef
Published: 2024-03-15

Reporter comment USDA

As filed

Compared to last week steers over 750 lbs sold steady to 6.00 higher. Heifers under 600 lbs sold 4.00 lower and heifers over 600 lbs sold steady to 3.00 higher. Demand was good from the buyers in the crowd with internet activity noticed.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $324.08/cwt on 123 head. That ranks 1 of 18 comparable sales and sits −155.47 against this barn's trailing median of $479.56.

Average price

$324.08

123 head · 546 lb average

Value per head Derived

$1,770

Price × average weight ÷ 100

Grade differential Derived

$105

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

$30.64/cwt at this weight

vs the market

−9.51

vs NE average

+8.01 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	542	329.81	1,788	100
Medium and Large 1-2	563	299.17	1,683	23

One grade step is worth $30.64/cwt here — about $105 a head. Across this sale the premium is widest at 400–500 lb. USDA reports each grade on its own line and never publishes the spread.

This barn's trailing prices 500–600 lb

18 sales

Steers 500–600 lb: high $525.53, low $429.68, median $479.56 across 18 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 sale123 hd

324.08

—

NE average9 barns · 2,027 hd

333.60

−9.51

National average167 barns · 13,796 hd

316.07

+8.01

This barn, trailing median18 sales

479.56

−155.47

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

40 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 1Fleshy	350–400	384	375.00/cwt	375.00–375.00	1,440	5
Heifers	Medium and Large 1Fleshy	500–550	518	282.00/cwt	282.00–282.00	1,461	9
Heifers	Medium and Large 1Fleshy	350–400	382	320.00/cwt	320.00–320.00	1,222	12
Steers	Medium and Large 1Fleshy	600–650	633	292.00/cwt	292.00–292.00	1,848	5
Steers	Medium and Large 1Fleshy	850–900	878	237.00/cwt	237.00–237.00	2,081	5
Steers	Medium and Large 1Fleshy	650–700	687	274.00/cwt	274.00–274.00	1,882	70
Bulls	Medium and Large 1	750–800	775	237.00/cwt	237.00–237.00	1,837	8
Steers	Medium and Large 1	550–600	573	319.00/cwt	319.00–319.00	1,828	5
Heifers	Medium and Large 1	750–800	760	235.39/cwt	230.00–237.50	1,789	70
Heifers	Medium and Large 1	500–550	522	293.63/cwt	285.00–295.00	1,533	90
Heifers	Medium and Large 1	700–750	702	250.00/cwt	250.00–250.00	1,755	54
Steers	Medium and Large 1Fleshy	400–450	434	357.50/cwt	357.50–357.50	1,552	13
Heifers	Medium and Large 1	550–600	551	280.00/cwt	280.00–280.00	1,543	11
Heifers	Medium and Large 1	800–850	831	232.50/cwt	232.50–232.50	1,932	24
Steers	Medium and Large 1Fleshy	550–600	590	306.00/cwt	306.00–306.00	1,805	28
Heifers	Medium and Large 1Fleshy	550–600	595	268.50/cwt	268.50–268.50	1,598	54
Steers	Medium and Large 1	700–750	708	271.20/cwt	270.00–273.50	1,920	70
Steers	Medium and Large 1	800–850	828	258.56/cwt	253.00–261.00	2,141	332
Steers	Medium and Large 1	650–700	686	290.00/cwt	290.00–290.00	1,989	21
Steers	Medium and Large 1	500–550	520	340.57/cwt	336.00–347.50	1,771	67
Steers	Medium and Large 1	900–950	918	238.02/cwt	236.00–239.00	2,185	109
Heifers	Medium and Large 1	650–700	675	250.97/cwt	249.75–253.00	1,694	66
Heifers	Medium and Large 1	850–900	854	221.25/cwt	221.25–221.25	1,889	101
Heifers	Medium and Large 1	400–450	425	327.50/cwt	327.50–327.50	1,392	6
Bulls	Medium and Large 1Unweaned	350–400	375	430.00/cwt	430.00–430.00	1,613	6
Heifers	Medium and Large 1Unweaned	300–350	328	330.00/cwt	330.00–330.00	1,082	5
Heifers	Medium and Large 1	600–650	619	268.00/cwt	268.00–268.00	1,659	31
Bulls	Medium and Large 1Thin Fleshed	450–500	453	325.00/cwt	325.00–325.00	1,472	6
Steers	Medium and Large 1	600–650	638	301.94/cwt	299.50–310.00	1,926	133
Steers	Medium and Large 1	750–800	773	271.92/cwt	267.00–273.50	2,102	231
Steers	Medium and Large 1-2Thin Fleshed	450–500	486	325.00/cwt	325.00–325.00	1,580	5
Steers	Medium and Large 1-2Thin Fleshed	500–550	537	315.00/cwt	315.00–315.00	1,692	9
Heifers	Medium and Large 1	450–500	483	308.41/cwt	304.00–310.00	1,490	65
Heifers	Medium and Large 1Thin Fleshed	350–400	367	345.00/cwt	345.00–345.00	1,266	7
Heifers	Medium and Large 1-2	550–600	596	258.00/cwt	258.00–258.00	1,538	5
Steers	Medium and Large 1-2	550–600	579	289.00/cwt	289.00–289.00	1,673	14
Heifers	Medium and Large 1Thin Fleshed	450–500	472	317.00/cwt	315.00–320.00	1,496	28
Heifers	Medium and Large 1Thin Fleshed	500–550	516	305.14/cwt	303.00–308.00	1,575	52
Heifers	Medium and Large 1Replacement	600–650	618	284.25/cwt	284.25–284.25	1,757	68
Heifers	Medium and Large 1-2Thin Fleshed	450–500	473	292.50/cwt	292.50–292.50	1,384	7

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 15, 2024

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

Receipts 2,072Last week 1,534Year ago 1,555

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1 · Fleshy$ per cwt · actual wt
5	350–400	384	375.00	375.00
Bulls — Medium and Large 1$ per cwt · actual wt
8	750–800	775	237.00	237.00
Bulls — Medium and Large 1 · Unweaned$ per cwt · actual wt
6	350–400	375	430.00	430.00
Bulls — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
6	450–500	453	325.00	325.00
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
12	350–400	382	320.00	320.00
9	500–550	518	282.00	282.00
54	550–600	595	268.50	268.50
Heifers — Medium and Large 1$ per cwt · actual wt
6	400–450	425	327.50	327.50
65	450–500	483	304.00–310.00	308.41
90	500–550	522	285.00–295.00	293.63
11	550–600	551	280.00	280.00
31	600–650	619	268.00	268.00
66	650–700	675	249.75–253.00	250.97
54	700–750	702	250.00	250.00
70	750–800	760	230.00–237.50	235.39
24	800–850	831	232.50	232.50
101	850–900	854	221.25	221.25
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
5	300–350	328	330.00	330.00
Heifers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
7	350–400	367	345.00	345.00
28	450–500	472	315.00–320.00	317.00
52	500–550	516	303.00–308.00	305.14
Heifers — Medium and Large 1-2$ per cwt · actual wt
5	550–600	596	258.00	258.00
Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt
68	600–650	618	284.25	284.25
Heifers — Medium and Large 1-2 · Thin Fleshed$ per cwt · actual wt
7	450–500	473	292.50	292.50
Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt
13	400–450	434	357.50	357.50
28	550–600	590	306.00	306.00
5	600–650	633	292.00	292.00
70	650–700	687	274.00	274.00
5	850–900	878	237.00	237.00
Steers — Medium and Large 1$ per cwt · actual wt
67	500–550	520	336.00–347.50	340.57
5	550–600	573	319.00	319.00
133	600–650	638	299.50–310.00	301.94
21	650–700	686	290.00	290.00
70	700–750	708	270.00–273.50	271.20
231	750–800	773	267.00–273.50	271.92
332	800–850	828	253.00–261.00	258.56
109	900–950	918	236.00–239.00	238.02
Steers — Medium and Large 1-2 · Thin Fleshed$ per cwt · actual wt
5	450–500	486	325.00	325.00
9	500–550	537	315.00	315.00
Steers — Medium and Large 1-2$ per cwt · actual wt
14	550–600	579	289.00	289.00

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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