Name: Lexington livestock auction prices — 2024-10-11
Creator: RaisedBeef
Published: 2024-10-11

Reporter comment USDA

As filed

Compared to two weeks ago, steers under 600 lbs sold unevenly steady and steers over 600 lbs sold 2.00 to 3.00 higher, heifers under 600 lbs sold 2.00 to 3.00 higher except 500-550 lbs heifers sold 10.00 lower. The consignment sheet included yearling feeders and spring calves coming off their mothers all having received fall vaccinations. Demand was moderate to 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 $303.95/cwt on 253 head. That ranks 1 of 18 comparable sales and sits −175.60 against this barn's trailing median of $479.56.

Average price

$303.95

253 head · 547 lb average

Value per head Derived

$1,664

Price × average weight ÷ 100

Grade differential Derived

$156

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

$16.94/cwt at this weight

vs the market

−7.91

vs NE average

+9.64 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	549	305.16	1,675	235
Medium and Large 1-2	527	288.22	1,519	18thin

One grade step is worth $16.94/cwt here — about $156 a head. Across this sale the premium is widest at 300–400 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 sale253 hd

303.95

—

NE average10 barns · 5,148 hd

311.86

−7.91

National average177 barns · 23,944 hd

294.31

+9.64

This barn, trailing median18 sales

479.56

−175.60

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

32 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
Heifers	Medium and Large 1Fleshy	400–450	413	305.00/cwt	305.00–305.00	1,260	5
Heifers	Medium and Large 1Fleshy	500–550	525	264.00/cwt	264.00–264.00	1,386	16
Heifers	Medium and Large 1	400–450	442	323.65/cwt	319.00–327.00	1,431	45
Heifers	Medium and Large 1	300–350	345	340.00/cwt	340.00–340.00	1,173	8
Heifers	Medium and Large 1-2	400–450	419	282.68/cwt	281.00–286.00	1,184	24
Heifers	Medium and Large 1	850–900	887	232.88/cwt	232.00–238.00	2,066	144
Steers	Medium and Large 1Unweaned	600–650	626	284.83/cwt	281.00–288.50	1,783	163
Steers	Medium and Large 1-2	700–750	735	245.50/cwt	245.50–245.50	1,804	11
Steers	Medium and Large 1	950–1000	985	241.50/cwt	241.50–241.50	2,379	60
Steers	Medium and Large 1	450–500	479	335.79/cwt	333.50–339.00	1,608	75
Steers	Medium and Large 1Thin Fleshed	350–400	397	395.00/cwt	395.00–395.00	1,568	53
Steers	Medium and Large 1-2Thin Fleshed	350–400	385	350.00/cwt	350.00–350.00	1,348	15
Steers	Medium and Large 1	900–950	917	252.75/cwt	252.75–252.75	2,318	40
Steers	Medium and Large 1Unweaned	650–700	698	264.00/cwt	264.00–264.00	1,843	32
Steers	Medium and Large 1Fleshy	600–650	626	268.50/cwt	268.50–268.50	1,681	7
Steers	Medium and Large 1Fleshy	500–550	534	306.00/cwt	306.00–306.00	1,634	20
Steers	Medium and Large 1-2	500–550	527	288.22/cwt	286.00–291.00	1,519	18
Steers	Medium and Large 1Thin Fleshed	450–500	474	350.00/cwt	350.00–350.00	1,659	52
Steers	Medium and Large 1	750–800	759	268.50/cwt	268.50–268.50	2,038	16
Steers	Medium and Large 1Fleshy	450–500	465	307.10/cwt	300.00–312.00	1,428	46
Heifers	Medium and Large 1	450–500	475	300.52/cwt	298.00–304.00	1,427	22
Heifers	Medium and Large 1	1000–1050	1,022	222.00/cwt	222.00–222.00	2,269	13
Steers	Medium and Large 1	550–600	554	303.87/cwt	296.00–310.00	1,683	167
Steers	Medium and Large 1Thin Fleshed	500–550	517	333.00/cwt	333.00–333.00	1,722	26
Heifers	Medium and Large 1Spayed	750–800	798	242.00/cwt	242.00–242.00	1,931	29
Heifers	Medium and Large 1Thin Fleshed	450–500	454	322.00/cwt	322.00–322.00	1,462	7
Heifers	Medium and Large 1	500–550	537	280.38/cwt	275.50–283.50	1,506	115
Heifers	Medium and Large 1Spayed	900–950	900	233.00/cwt	233.00–233.00	2,097	128
Steers	Medium and Large 1Fleshy	550–600	562	281.25/cwt	280.00–284.00	1,581	22
Steers	Medium and Large 1Fleshy	400–450	434	318.17/cwt	315.00–319.00	1,381	25
Heifers	Medium and Large 1-2	450–500	453	271.00/cwt	271.00–271.00	1,228	10
Heifers	Medium and Large 1	550–600	565	269.87/cwt	265.00–275.00	1,525	153

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 Oct 11, 2024

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

Receipts 1,773Last week 1,876Year ago 1,584

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
5	400–450	413	305.00	305.00
16	500–550	525	264.00	264.00
Heifers — Medium and Large 1$ per cwt · actual wt
8	300–350	345	340.00	340.00
45	400–450	442	319.00–327.00	323.65
22	450–500	475	298.00–304.00	300.52
115	500–550	537	275.50–283.50	280.38
153	550–600	565	265.00–275.00	269.87
144	850–900	887	232.00–238.00	232.88
13	1000–1050	1,022	222.00	222.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
24	400–450	419	281.00–286.00	282.68
10	450–500	453	271.00	271.00
Heifers — Medium and Large 1 · Spayed$ per cwt · actual wt
29	750–800	798	242.00	242.00
128	900–950	900	233.00	233.00
Heifers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
7	450–500	454	322.00	322.00
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
163	600–650	626	281.00–288.50	284.83
32	650–700	698	264.00	264.00
Steers — Medium and Large 1-2$ per cwt · actual wt
18	500–550	527	286.00–291.00	288.22
11	700–750	735	245.50	245.50
Steers — Medium and Large 1$ per cwt · actual wt
75	450–500	479	333.50–339.00	335.79
167	550–600	554	296.00–310.00	303.87
16	750–800	759	268.50	268.50
40	900–950	917	252.75	252.75
60	950–1000	985	241.50	241.50
Steers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
53	350–400	397	395.00	395.00
52	450–500	474	350.00	350.00
26	500–550	517	333.00	333.00
Steers — Medium and Large 1-2 · Thin Fleshed$ per cwt · actual wt
15	350–400	385	350.00	350.00
Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt
25	400–450	434	315.00–319.00	318.17
46	450–500	465	300.00–312.00	307.10
20	500–550	534	306.00	306.00
22	550–600	562	280.00–284.00	281.25
7	600–650	626	268.50	268.50

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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Fed Cattle — the cash market and what quality pays

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Cows & Bred Stock — the rebuild market

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