Name: Lexington livestock auction prices — 2024-06-07
Creator: RaisedBeef
Published: 2024-06-07

Reporter comment USDA

As filed

First reported sale in three weeks a trend is not applicable. Demand was good from the buyers in the seats.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $307.77/cwt on 13 head. That ranks 1 of 18 comparable sales and sits −171.79 against this barn's trailing median of $479.56.

Average price

$307.77

13 head · 508 lb average

Value per head Derived

$1,564

Price × average weight ÷ 100

Grade differential Derived

$112

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

$19.00/cwt at this weight

vs the market

−36.90

vs NE average

−1.39 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	511	318.00	1,625	6thin
Medium and Large 1-2	506	299.00	1,513	7thin

One grade step is worth $19.00/cwt here — about $112 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

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 sale13 hd

307.77

—

NE average4 barns · 680 hd

344.67

−36.90

National average164 barns · 13,053 hd

309.16

−1.39

This barn, trailing median18 sales

479.56

−171.79

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

10 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 1	950–1000	974	206.00/cwt	206.00–206.00	2,006	5
Heifers	Medium and Large 1	400–450	423	317.00/cwt	317.00–317.00	1,341	7
Heifers	Large 2	500–550	539	230.00/cwt	230.00–230.00	1,240	7
Heifers	Medium and Large 1-2Unweaned	500–550	512	262.00/cwt	262.00–262.00	1,341	7
Steers	Medium and Large 1	1050–1100	1,064	230.75/cwt	230.75–230.75	2,455	217
Steers	Medium and Large 1	950–1000	952	247.10/cwt	247.10–247.10	2,352	293
Steers	Medium and Large 1	900–950	948	247.10/cwt	247.10–247.10	2,343	295
Steers	Medium and Large 1-2	500–550	506	299.00/cwt	299.00–299.00	1,513	7
Steers	Large 2	400–450	423	280.00/cwt	280.00–280.00	1,184	6
Steers	Medium and Large 1Unweaned	500–550	511	318.00/cwt	318.00–318.00	1,625	6

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 Jun 7, 2024

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

Receipts 932Last week 545Year ago 1,595

First reported sale in three weeks a trend is not applicable. Demand was good from the buyers in the seats.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
5	950–1000	974	206.00	206.00
Heifers — Medium and Large 1$ per cwt · actual wt
7	400–450	423	317.00	317.00
Heifers — Large 2$ per cwt · actual wt
7	500–550	539	230.00	230.00
Heifers — Medium and Large 1-2 · Unweaned$ per cwt · actual wt
7	500–550	512	262.00	262.00
Steers — Medium and Large 1$ per cwt · actual wt
295	900–950	948	247.10	247.10
293	950–1000	952	247.10	247.10
217	1050–1100	1,064	230.75	230.75
Steers — Medium and Large 1-2$ per cwt · actual wt
7	500–550	506	299.00	299.00
Steers — Large 2$ per cwt · actual wt
6	400–450	423	280.00	280.00
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
6	500–550	511	318.00	318.00

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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