Name: Lexington livestock auction prices — 2024-03-22
Creator: RaisedBeef
Published: 2024-03-22

Reporter comment USDA

As filed

Compared to last week steers over 600 lbs sold steady to 2.00 lower and heifers over 500 lbs sold 4.00 to 8.00 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 $308.86/cwt on 65 head. That ranks 1 of 18 comparable sales and sits −170.69 against this barn's trailing median of $479.56.

Average price

$308.86

65 head · 537 lb average

Value per head Derived

$1,658

Price × average weight ÷ 100

Grade differential Derived

−$28

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

$13.40/cwt at this weight

vs the market

−21.93

vs NE average

−9.43 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	526	313.40	1,647	43
Medium and Large 1-2	558	300.00	1,675	22

One grade step is worth $13.40/cwt here — about −$28 a head. Across this sale the premium is widest at 700–800 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 sale65 hd

308.86

—

NE average5 barns · 637 hd

330.79

−21.93

National average173 barns · 12,551 hd

318.29

−9.43

This barn, trailing median18 sales

479.56

−170.69

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

39 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	1050–1100	1,068	184.00/cwt	184.00–184.00	1,965	5
Bulls	Medium and Large 1Fleshy	800–850	833	220.00/cwt	220.00–220.00	1,833	7
Heifers	Medium and Large 1Fleshy	600–650	620	261.00/cwt	261.00–261.00	1,618	11
Heifers	Medium and Large 1Fleshy	800–850	840	220.00/cwt	220.00–220.00	1,848	14
Heifers	Medium and Large 1Fleshy	850–900	877	210.00/cwt	210.00–210.00	1,842	18
Heifers	Medium and Large 1Fleshy	500–550	529	284.02/cwt	282.00–286.00	1,502	31
Heifers	Medium and Large 1Fleshy	750–800	792	233.53/cwt	233.50–234.00	1,850	75
Steers	Medium and Large 1	600–650	638	300.29/cwt	299.00–308.00	1,916	60
Heifers	Medium and Large 1Thin Fleshed	300–350	343	370.00/cwt	370.00–370.00	1,269	5
Steers	Medium and Large 1Fleshy	750–800	757	250.50/cwt	250.50–250.50	1,896	12
Steers	Medium and Large 1Fleshy	500–550	511	319.50/cwt	319.50–319.50	1,633	18
Heifers	Medium and Large 1Fleshy	700–750	733	235.41/cwt	234.00–240.50	1,726	31
Steers	Medium and Large 1	650–700	659	293.10/cwt	288.50–296.00	1,932	45
Heifers	Medium and Large 1	450–500	494	295.00/cwt	295.00–295.00	1,457	12
Steers	Medium and Large 1Thin Fleshed	700–750	733	285.00/cwt	285.00–285.00	2,089	73
Heifers	Medium and Large 1	400–450	431	313.19/cwt	312.00–315.00	1,350	18
Heifers	Medium and Large 1	800–850	805	234.50/cwt	232.50–237.00	1,888	192
Heifers	Medium and Large 1	700–750	708	254.53/cwt	251.25–256.25	1,802	213
Heifers	Medium and Large 1	600–650	607	282.50/cwt	282.50–282.50	1,715	36
Steers	Medium and Large 1	400–450	432	372.00/cwt	372.00–372.00	1,607	5
Steers	Medium and Large 1	800–850	834	257.10/cwt	250.00–258.25	2,144	80
Steers	Medium and Large 1-2	700–750	724	248.00/cwt	248.00–248.00	1,796	14
Steers	Medium and Large 1-2	850–900	858	230.60/cwt	230.00–231.00	1,979	20
Steers	Medium and Large 1-2	950–1000	989	214.00/cwt	214.00–214.00	2,116	9
Steers	Medium and Large 1Thin Fleshed	600–650	623	318.00/cwt	318.00–318.00	1,981	25
Steers	Medium and Large 1	350–400	380	390.00/cwt	390.00–390.00	1,482	8
Steers	Medium and Large 1	850–900	873	248.66/cwt	241.00–250.50	2,171	339
Heifers	Medium and Large 1-2	600–650	627	251.00/cwt	251.00–251.00	1,574	7
Steers	Medium and Large 1-2Thin Fleshed	550–600	585	300.00/cwt	300.00–300.00	1,755	9
Steers	Medium and Large 1-2	500–550	540	300.00/cwt	300.00–300.00	1,620	13
Steers	Medium and Large 1Unweaned	500–550	536	309.00/cwt	309.00–309.00	1,656	25
Heifers	Medium and Large 1Unweaned	450–500	460	309.00/cwt	309.00–309.00	1,421	6
Steers	Medium and Large 1	450–500	450	359.00/cwt	359.00–359.00	1,616	11
Heifers	Medium and Large 1	650–700	678	269.50/cwt	269.50–269.50	1,827	48
Heifers	Medium and Large 1	500–550	508	297.85/cwt	297.00–299.00	1,513	50
Heifers	Medium and Large 1	750–800	771	241.00/cwt	241.00–241.00	1,858	9
Steers	Medium and Large 1	700–750	729	270.99/cwt	266.00–271.50	1,976	83
Steers	Medium and Large 1	750–800	769	267.59/cwt	257.00–269.00	2,058	348
Heifers	Medium and Large 1Fleshy	550–600	571	273.70/cwt	271.00–277.00	1,563	41

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 22, 2024

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

Receipts 2,177Last week 2,072Year ago 1,555

Compared to last week steers over 600 lbs sold steady to 2.00 lower and heifers over 500 lbs sold 4.00 to 8.00 higher. Demand was good from the buyers in the crowd with internet activity noticed.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1 · Fleshy$ per cwt · actual wt
7	800–850	833	220.00	220.00
5	1050–1100	1,068	184.00	184.00
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
31	500–550	529	282.00–286.00	284.02
41	550–600	571	271.00–277.00	273.70
11	600–650	620	261.00	261.00
31	700–750	733	234.00–240.50	235.41
75	750–800	792	233.50–234.00	233.53
14	800–850	840	220.00	220.00
18	850–900	877	210.00	210.00
Heifers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
5	300–350	343	370.00	370.00
Heifers — Medium and Large 1$ per cwt · actual wt
18	400–450	431	312.00–315.00	313.19
12	450–500	494	295.00	295.00
50	500–550	508	297.00–299.00	297.85
36	600–650	607	282.50	282.50
48	650–700	678	269.50	269.50
213	700–750	708	251.25–256.25	254.53
9	750–800	771	241.00	241.00
192	800–850	805	232.50–237.00	234.50
Heifers — Medium and Large 1-2$ per cwt · actual wt
7	600–650	627	251.00	251.00
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
6	450–500	460	309.00	309.00
Steers — Medium and Large 1$ per cwt · actual wt
8	350–400	380	390.00	390.00
5	400–450	432	372.00	372.00
11	450–500	450	359.00	359.00
60	600–650	638	299.00–308.00	300.29
45	650–700	659	288.50–296.00	293.10
83	700–750	729	266.00–271.50	270.99
348	750–800	769	257.00–269.00	267.59
80	800–850	834	250.00–258.25	257.10
339	850–900	873	241.00–250.50	248.66
Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt
18	500–550	511	319.50	319.50
12	750–800	757	250.50	250.50
Steers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
25	600–650	623	318.00	318.00
73	700–750	733	285.00	285.00
Steers — Medium and Large 1-2$ per cwt · actual wt
13	500–550	540	300.00	300.00
14	700–750	724	248.00	248.00
20	850–900	858	230.00–231.00	230.60
9	950–1000	989	214.00	214.00
Steers — Medium and Large 1-2 · Thin Fleshed$ per cwt · actual wt
9	550–600	585	300.00	300.00
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
25	500–550	536	309.00	309.00

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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