Name: Lexington livestock auction prices — 2024-05-03
Creator: RaisedBeef
Published: 2024-05-03

Reporter comment USDA

As filed

First reported sale in a month a trend is not applicable. Demand was moderate to good from the buyers in the crowd with internet activity noticed.

Weight class

Heifers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb heifers averaged $292.05/cwt on 172 head. That ranks 1 of 19 comparable sales and sits −146.98 against this barn's trailing median of $439.03.

Average price

$292.05

172 head · 553 lb average

Value per head Derived

$1,615

Price × average weight ÷ 100

Grade differential Derived

$371

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

$65.82/cwt at this weight

vs the market

−10.27

vs NE average

+23.67 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	554	305.82	1,693	136
Medium and Large 1-2	551	240.00	1,322	36

One grade step is worth $65.82/cwt here — about $371 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

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 sale172 hd

292.05

—

NE average3 barns · 475 hd

302.31

−10.27

National average173 barns · 11,009 hd

268.38

+23.67

This barn, trailing median19 sales

439.03

−146.98

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
Steers	Medium and Large 1-2Fleshy	1000–1050	1,024	196.50/cwt	196.50–196.50	2,012	5
Heifers	Medium and Large 1-2Fleshy	800–850	825	197.00/cwt	197.00–197.00	1,625	12
Heifers	Medium and Large 1-2Thin Fleshed	250–300	296	340.00/cwt	340.00–340.00	1,006	6
Steers	Medium and Large 1-2Thin Fleshed	450–500	472	333.50/cwt	333.50–333.50	1,574	15
Heifers	Medium and Large 1-2	650–700	655	228.96/cwt	228.00–231.00	1,500	38
Heifers	Medium and Large 1-2	550–600	551	240.00/cwt	240.00–240.00	1,322	36
Heifers	Medium and Large 1-2Fleshy	850–900	862	175.00/cwt	175.00–175.00	1,509	10
Steers	Medium and Large 1Fancy	450–500	467	370.00/cwt	370.00–370.00	1,728	12
Steers	Medium and Large 1Fancy	700–750	712	303.50/cwt	303.50–303.50	2,161	19
Heifers	Medium and Large 1Fancy	550–600	551	328.00/cwt	328.00–328.00	1,807	50
Heifers	Medium and Large 1Fleshy	800–850	817	222.50/cwt	222.50–222.50	1,818	21
Heifers	Medium and Large 1Fleshy	650–700	682	256.09/cwt	250.00–258.50	1,747	28
Steers	Medium and Large 1Thin Fleshed	500–550	510	351.00/cwt	351.00–351.00	1,790	10
Heifers	Medium and Large 1Fleshy	500–550	540	288.00/cwt	288.00–288.00	1,555	9
Heifers	Medium and Large 1	500–550	508	304.86/cwt	304.00–308.00	1,549	23
Steers	Medium and Large 1Fleshy	650–700	663	279.00/cwt	279.00–279.00	1,850	5
Steers	Medium and Large 1	650–700	661	289.50/cwt	289.50–289.50	1,914	20
Steers	Medium and Large 1	700–750	714	274.50/cwt	274.50–274.50	1,960	15
Heifers	Medium and Large 1Fleshy	550–600	589	280.00/cwt	280.00–280.00	1,649	21
Heifers	Medium and Large 1	750–800	786	238.16/cwt	237.60–239.00	1,872	173
Heifers	Medium and Large 1	700–750	718	263.73/cwt	260.50–265.00	1,894	256
Heifers	Medium and Large 1	350–400	370	345.00/cwt	345.00–345.00	1,277	5
Steers	Medium and Large 1	750–800	765	268.00/cwt	268.00–268.00	2,050	7
Heifers	Medium and Large 1	400–450	424	341.71/cwt	339.00–345.00	1,449	25
Heifers	Medium and Large 1	450–500	466	321.33/cwt	321.00–322.00	1,497	30
Steers	Medium and Large 1	550–600	570	323.69/cwt	320.50–329.50	1,845	69
Steers	Medium and Large 1	800–850	811	262.75/cwt	262.75–262.75	2,131	134
Heifers	Medium and Large 1	600–650	610	282.57/cwt	275.00–286.50	1,724	56
Steers	Medium and Large 1Thin Fleshed	600–650	612	324.50/cwt	324.50–324.50	1,986	73
Heifers	Medium and Large 1	800–850	824	228.13/cwt	228.00–229.00	1,880	84
Heifers	Medium and Large 1	550–600	571	294.19/cwt	294.00–294.50	1,680	33
Heifers	Medium and Large 1Thin Fleshed	450–500	452	330.00/cwt	330.00–330.00	1,492	12
Heifers	Medium and Large 1Spayed	650–700	666	272.00/cwt	272.00–272.00	1,812	50
Steers	Medium and Large 1	300–350	345	390.00/cwt	390.00–390.00	1,346	6
Steers	Medium and Large 1-2Fleshy	850–900	872	227.43/cwt	225.00–231.50	1,983	32
Steers	Medium and Large 1	600–650	601	314.00/cwt	314.00–314.00	1,887	14
Steers	Medium and Large 1	400–450	441	353.00/cwt	353.00–353.00	1,557	21
Steers	Medium and Large 1-2	550–600	580	287.00/cwt	287.00–287.00	1,665	32
Steers	Medium and Large 1-2	1000–1050	1,004	210.00/cwt	210.00–210.00	2,108	12
Steers	Medium and Large 1-2	850–900	884	236.25/cwt	236.25–236.25	2,088	20
Steers	Medium and Large 1-2Fleshy	800–850	827	238.61/cwt	238.00–239.50	1,973	17
Steers	Medium and Large 1Thin Fleshed	550–600	555	339.00/cwt	339.00–339.00	1,881	18
Steers	Medium and Large 1Thin Fleshed	700–750	721	289.50/cwt	289.50–289.50	2,087	54
Heifers	Medium and Large 1-2	450–500	488	260.00/cwt	260.00–260.00	1,269	5

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 May 3, 2024

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

Receipts 1,782Last week 2,101Year ago 1,618

First reported sale in a month a trend is not applicable. Demand was moderate to good from the buyers in the crowd with internet activity noticed.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2 · Fleshy$ per cwt · actual wt
17	800–850	827	238.00–239.50	238.61
32	850–900	872	225.00–231.50	227.43
5	1000–1050	1,024	196.50	196.50
Steers — Medium and Large 1-2 · Thin Fleshed$ per cwt · actual wt
15	450–500	472	333.50	333.50
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
12	450–500	467	370.00	370.00
19	700–750	712	303.50	303.50
Steers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
10	500–550	510	351.00	351.00
18	550–600	555	339.00	339.00
73	600–650	612	324.50	324.50
54	700–750	721	289.50	289.50
Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt
5	650–700	663	279.00	279.00
Steers — Medium and Large 1$ per cwt · actual wt
6	300–350	345	390.00	390.00
21	400–450	441	353.00	353.00
69	550–600	570	320.50–329.50	323.69
14	600–650	601	314.00	314.00
20	650–700	661	289.50	289.50
15	700–750	714	274.50	274.50
7	750–800	765	268.00	268.00
134	800–850	811	262.75	262.75
Steers — Medium and Large 1-2$ per cwt · actual wt
32	550–600	580	287.00	287.00
20	850–900	884	236.25	236.25
12	1000–1050	1,004	210.00	210.00
Heifers — Medium and Large 1-2 · Fleshy$ per cwt · actual wt
12	800–850	825	197.00	197.00
10	850–900	862	175.00	175.00
Heifers — Medium and Large 1-2 · Thin Fleshed$ per cwt · actual wt
6	250–300	296	340.00	340.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
5	450–500	488	260.00	260.00
36	550–600	551	240.00	240.00
38	650–700	655	228.00–231.00	228.96
Heifers — Medium and Large 1 · Fancy$ per cwt · actual wt
50	550–600	551	328.00	328.00
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
9	500–550	540	288.00	288.00
21	550–600	589	280.00	280.00
28	650–700	682	250.00–258.50	256.09
21	800–850	817	222.50	222.50
Heifers — Medium and Large 1$ per cwt · actual wt
5	350–400	370	345.00	345.00
25	400–450	424	339.00–345.00	341.71
30	450–500	466	321.00–322.00	321.33
23	500–550	508	304.00–308.00	304.86
33	550–600	571	294.00–294.50	294.19
56	600–650	610	275.00–286.50	282.57
256	700–750	718	260.50–265.00	263.73
173	750–800	786	237.60–239.00	238.16
84	800–850	824	228.00–229.00	228.13
Heifers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
12	450–500	452	330.00	330.00
Heifers — Medium and Large 1 · Spayed$ per cwt · actual wt
50	650–700	666	272.00	272.00

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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