Name: Lexington livestock auction prices — 2024-05-17
Creator: RaisedBeef
Published: 2024-05-17

Reporter comment USDA

As filed

Not enough comparable offerings with two weeks ago, a trend is not applicable. Demand was good from the buyers in the crowd.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $280.00/cwt on 6 head. That ranks 1 of 18 comparable sales and sits −199.56 against this barn's trailing median of $479.56.

Average price

$280.00

6 head · 597 lb average

Value per head Derived

$1,672

Price × average weight ÷ 100

Grade differential Derived

—

single grade reported

vs the market

−62.98

vs NE average

−30.77 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1-2	597	280.00	1,672	6thin

Only one grade was reported at this weight, so there is no spread to compute.

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 sale6 hd

280.00

—

NE average4 barns · 357 hd

342.98

−62.98

National average163 barns · 10,302 hd

310.77

−30.77

This barn, trailing median18 sales

479.56

−199.56

A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Replacement cattle Per head

By class, stage and age

Bred stock and pairs are reported per head, not per hundredweight — these prices are never mixed with the $/cwt figures above.

Class	Stage	Age	Avg wt	$/head	Head
Bred Cows	2nd/3rd Stage (4-9 mo)	Young (2-4 yrs)	1,416	$2,650	13
Bred Cows	2nd/3rd Stage (4-9 mo)	Middle Aged (5-8 yrs)	1,485	$2,500	23
Bred Cows	2nd/3rd Stage (4-9 mo)	Aged (>8 yrs)	1,531	$2,000	16
Bred Heifers	2nd/3rd Stage (4-9 mo)	Young (2-4 yrs)	1,279	$2,375	9
Cow-Calf Pairs	Open	Young (2-4 yrs)	1,314	$3,066	11
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,477	$2,899	28
Cow-Calf Pairs	Open	Young/Middle Aged (2-8 yrs)	1,548	$2,673	25
Cow-Calf Pairs	Open	Aged (>8 yrs)	1,336	$2,408	18
Heifer Pairs	Open	Young (2-4 yrs)	1,183	$3,375	10

Every lot, as filed

23 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	850–900	893	238.25/cwt	238.25–238.25	2,128	92
Bred Cows	Medium and Large 1	—	1,416	2,650.00/head	2,650.00–2,650.00	2,650	13
Heifers	Medium and Large 1-2Thin Fleshed	600–650	606	274.50/cwt	274.50–274.50	1,663	21
Steers	Medium and Large 1-2	550–600	597	280.00/cwt	280.00–280.00	1,672	6
Steers	Medium and Large 1-2Fleshy	750–800	755	235.00/cwt	235.00–235.00	1,774	9
Heifers	Medium and Large 1-2Fleshy	500–550	536	261.00/cwt	261.00–261.00	1,399	5
Cow-Calf Pairs	Medium and Large 1	—	1,314	3,066.09/head	2,950.00–3,200.00	3,066	11
Cow-Calf Pairs	Medium and Large 1	—	1,445	2,942.28/head	2,625.00–3,125.00	2,942	15
Bred Heifers	Medium and Large 1	—	1,279	2,375.00/head	2,375.00–2,375.00	2,375	9
Cow-Calf Pairs	Medium and Large 1Broken Mouth	—	1,363	2,374.84/head	2,350.00–2,400.00	2,375	12
Cow-Calf Pairs	Medium and Large 1	—	1,513	2,850.00/head	2,850.00–2,850.00	2,850	13
Cow-Calf Pairs	Medium and Large 1	—	1,282	2,475.00/head	2,475.00–2,475.00	2,475	6
Steers	Medium and Large 1	700–750	747	268.75/cwt	268.75–268.75	2,008	36
Bred Cows	Medium and Large 1	—	1,485	2,500.00/head	2,500.00–2,500.00	2,500	23
Bred Cows	Medium and Large 1	—	1,531	2,000.00/head	2,000.00–2,000.00	2,000	16
Cow-Calf Pairs	Medium and Large 1	—	1,548	2,673.27/head	2,500.00–2,950.00	2,673	25
Heifer Pairs	Medium and Large 1	—	1,183	3,375.00/head	3,250.00–3,500.00	3,375	10
Heifers	Medium and Large 1Full	350–400	392	324.00/cwt	324.00–324.00	1,270	5
Steers	Medium and Large 1	950–1000	978	238.50/cwt	238.50–238.50	2,333	183
Steers	Medium and Large 1Fleshy	850–900	899	228.00/cwt	228.00–228.00	2,050	20
Steers	Medium and Large 1Fleshy	700–750	744	265.00/cwt	265.00–265.00	1,972	11
Heifers	Medium and Large 1Fleshy	850–900	882	213.50/cwt	213.50–213.50	1,883	20
Heifers	Medium and Large 1Fleshy	700–750	712	245.50/cwt	245.50–245.50	1,748	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 May 17, 2024

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

Feeder CattleReceipts 545Last week 1,782Year ago 1,530

Replacement CattleReceipts 190Last week 0Year ago 217

Not enough comparable offerings with two weeks ago, a trend is not applicable. Demand was good from the buyers in the crowd.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
36	700–750	747	268.75	268.75
92	850–900	893	238.25	238.25
183	950–1000	978	238.50	238.50
Steers — Medium and Large 1-2$ per cwt · actual wt
6	550–600	597	280.00	280.00
Steers — Medium and Large 1-2 · Fleshy$ per cwt · actual wt
9	750–800	755	235.00	235.00
Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt
11	700–750	744	265.00	265.00
20	850–900	899	228.00	228.00
Heifers — Medium and Large 1-2 · Thin Fleshed$ per cwt · actual wt
21	600–650	606	274.50	274.50
Heifers — Medium and Large 1-2 · Fleshy$ per cwt · actual wt
5	500–550	536	261.00	261.00
Heifers — Medium and Large 1 · Full$ per cwt · actual wt
5	350–400	392	324.00	324.00
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
7	700–750	712	245.50	245.50
20	850–900	882	213.50	213.50

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1$ per head · actual wt
Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	13	—	1,416	2,650.00	2,650.00
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	23	—	1,485	2,500.00	2,500.00
Aged (>8 yrs)	2nd/3rd Stage (4-9 mo)	16	—	1,531	2,000.00	2,000.00
Cow-Calf Pairs — Medium and Large 1$ per head · actual wt
Young (2-4 yrs)	Open	11	—	1,314	2,950.00–3,200.00	3,066.09
Middle Aged (5-8 yrs)	Open	15	—	1,445	2,625.00–3,125.00	2,942.28
Middle Aged (5-8 yrs)	Open	13	—	1,513	2,850.00	2,850.00
Aged (>8 yrs)	Open	6	—	1,282	2,475.00	2,475.00
Young/Middle Aged (2-8 yrs)	Open	25	—	1,548	2,500.00–2,950.00	2,673.27
Cow-Calf Pairs — Medium and Large 1 · Broken Mouth$ per head · actual wt
Aged (>8 yrs)	Open	12	—	1,363	2,350.00–2,400.00	2,374.84
Bred Heifers — Medium and Large 1$ per head · actual wt
Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	9	—	1,279	2,375.00	2,375.00
Heifer Pairs — Medium and Large 1$ per head · actual wt
Young (2-4 yrs)	Open	10	—	1,183	3,250.00–3,500.00	3,375.00

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.

Feeder Cattle — prices, barns, and planning

Fed Cattle — the cash market and what quality pays

Beef & Retail — from the box to the grocery shelf

Feed & Hay — the cost side, cash not futures

Cows & Bred Stock — the rebuild market

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