Sale reports / Nebraska / Lexington / 2024-09-27

Lexington

Feeder Cattle · Lexington, Nebraska · Fri, Sep 27
● Final30 lots reportedUSDA AMS · slug 1849
Receipts
1,876 head
1,181 vs last sale 695 382 vs year ago 2,258 · 16.9%
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Reporter comment USDA

As filed

Compared to two weeks ago, heifers over 850 lbs sold 5.00 to 7.00 higher. First sizable run of bawling spring calves of the fall season on offer majority having received one round of preconditioning shots, those had not sold at a sizable discount. The balance of the offering consisted of yearling feeders and the usual run of weigh -ups. 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 $298.08/cwt on 116 head. That ranks 1 of 18 comparable sales and sits 181.48 against this barn's trailing median of $479.56.
Average price
$298.08
116 head · 552 lb average
Value per head Derived
$1,647
Price × average weight ÷ 100
Grade differential Derived
$174
per head · Medium and Large 1 over Medium and Large 1-2
$26.99/cwt at this weight
vs the market
15.06
vs NE average
+23.79 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1556308.321,71372
Medium and Large 1-2547281.331,53944
One grade step is worth $26.99/cwt here — about $174 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
540498457416median 479.5612/1901/3003/0605/0106/26
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 sale116 hd
298.08
NE average4 barns · 685 hd
313.14
−15.06
National average169 barns · 10,664 hd
274.29
+23.79
This barn, trailing median18 sales
479.56
−181.48
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

30 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.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
HeifersMedium and Large 1Fancy600–650621288.00/cwt288.00–288.001,788120
HeifersMedium and Large 1Fleshy1050–11001,079194.00/cwt194.00–194.002,0936
HeifersMedium and Large 1850–900884228.50/cwt228.50–228.502,0205
HeifersMedium and Large 1800–850845229.00/cwt229.00–229.001,9356
HeifersMedium and Large 1350–400392323.00/cwt323.00–323.001,26612
HeifersMedium and Large 1900–950930217.28/cwt215.00–220.002,02113
SteersMedium and Large 1-2450–500490293.00/cwt293.00–293.001,4368
SteersMedium and Large 1-2550–600598260.00/cwt260.00–260.001,55512
SteersMedium and Large 1-2750–800781235.00/cwt235.00–235.001,83520
SteersMedium and Large 1-2500–550528289.33/cwt285.00–291.001,52832
SteersMedium and Large 1Unweaned600–650601283.30/cwt282.50–290.001,70356
SteersMedium and Large 1Unweaned700–750739265.00/cwt265.00–265.001,95886
SteersMedium and Large 11000–10501,014239.13/cwt237.00–240.252,425186
SteersMedium and Large 1900–950939247.38/cwt247.00–247.752,323328
SteersMedium and Large 1500–550509317.00/cwt317.00–317.001,61411
SteersMedium and Large 1450–500467335.00/cwt335.00–335.001,56417
SteersMedium and Large 1750–800791266.25/cwt266.25–266.252,10645
SteersMedium and Large 1550–600564306.75/cwt301.00–310.001,73061
HeifersMedium and Large 11050–11001,080215.00/cwt215.00–215.002,32235
HeifersMedium and Large 1550–600553266.00/cwt266.00–266.001,47141
HeifersMedium and Large 1Spayed850–900855224.00/cwt224.00–224.001,91538
SteersMedium and Large 1Fancy650–700659299.75/cwt299.75–299.751,975181
SteersMedium and Large 1-2850–900855230.00/cwt230.00–230.001,9675
SteersMedium and Large 1850–900851259.25/cwt259.25–259.252,20671
HeifersMedium and Large 1-2750–800794225.83/cwt223.00–226.001,793188
HeifersMedium and Large 1950–1000982225.50/cwt225.50–225.502,21423
HeifersMedium and Large 1450–500473298.19/cwt295.50–303.001,41034
HeifersMedium and Large 1500–550532293.45/cwt289.00–295.001,56177
HeifersMedium and Large 1-2500–550522257.00/cwt257.00–257.001,3426
HeifersMedium and Large 1-2700–750732230.00/cwt230.00–230.001,68451

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.