Sale reports / Nebraska / Lexington / 2024-11-08

Lexington

Feeder Cattle · Lexington, Nebraska · Fri, Nov 8
● Final33 lots reportedUSDA AMS · slug 1849
Receipts
1,504 head
3,013 vs last sale 4,517 1,971 vs year ago 3,475 · 56.7%
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Reporter comment USDA

As filed

Nice offering of bawling and weaned spring calves on a shorter consignments sheet than last week. Most all the calves had received fall vaccinations. Compared to last week steer and heifer calves under 600 lbs sold steady to 6.00 lower and steer calves over 600 lbs sold steady. Demand was moderate to 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 $302.45/cwt on 243 head. That ranks 1 of 18 comparable sales and sits 177.10 against this barn's trailing median of $479.56.
Average price
$302.45
243 head · 541 lb average
Value per head Derived
$1,638
Price × average weight ÷ 100
Grade differential Derived
$42
per head · Medium and Large 1 over Medium and Large 1-2
$24.78/cwt at this weight
vs the market
9.13
vs NE average
+0.60 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1535307.451,645194
Medium and Large 1-2567282.671,60249
One grade step is worth $24.78/cwt here — about $42 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
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 sale243 hd
302.45
NE average11 barns · 4,412 hd
311.59
−9.13
National average187 barns · 26,509 hd
301.85
+0.60
This barn, trailing median18 sales
479.56
−177.10
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

33 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 1Full350–400370317.60/cwt316.00–320.001,17527
HeifersMedium and Large 1300–350328348.00/cwt348.00–348.001,1418
HeifersMedium and Large 1350–400391327.00/cwt327.00–327.001,2798
HeifersMedium and Large 1850–900873239.50/cwt239.50–239.502,09124
HeifersMedium and Large 1-2400–450442280.81/cwt280.00–281.001,24127
HeifersMedium and Large 1-2600–650641236.50/cwt236.50–236.501,5168
SteersMedium and Large 1Unweaned750–800765253.25/cwt253.25–253.251,93750
SteersMedium and Large 1Unweaned600–650615299.69/cwt285.50–305.501,843183
SteersMedium and Large 1400–450425350.44/cwt343.00–355.001,48925
SteersMedium and Large 1-2450–500485304.46/cwt300.00–307.001,47730
SteersMedium and Large 1-2550–600581273.29/cwt270.50–275.001,58823
SteersMedium and Large 1-2400–450430319.00/cwt319.00–319.001,37218
SteersMedium and Large 1Thin Fleshed300–350315418.00/cwt418.00–418.001,31711
SteersMedium and Large 1-2Thin Fleshed550–600559290.00/cwt290.00–290.001,62121
SteersMedium and Large 1Unweaned700–750730256.25/cwt256.25–256.251,87112
HeifersMedium and Large 1450–500485292.52/cwt285.00–300.001,41991
HeifersMedium and Large 1-2Unweaned650–700674234.33/cwt233.75–236.501,57944
HeifersMedium and Large 1-2550–600583258.00/cwt258.00–258.001,50417
SteersMedium and Large 1500–550535307.45/cwt304.50–310.001,645194
SteersMedium and Large 1-2Unweaned700–750700246.00/cwt246.00–246.001,7225
SteersMedium and Large 1-2Unweaned600–650641269.22/cwt264.50–277.001,72662
HeifersMedium and Large 1-2650–700696230.00/cwt230.00–230.001,60111
HeifersMedium and Large 1-2500–550508255.34/cwt251.00–260.001,29720
HeifersMedium and Large 1400–450421306.24/cwt298.00–315.001,28926
SteersMedium and Large 1350–400352380.50/cwt378.00–382.001,33916
SteersMedium and Large 1450–500463340.00/cwt340.00–340.001,57417
SteersMedium and Large 1-2500–550535295.00/cwt295.00–295.001,5785
HeifersMedium and Large 1500–550527276.14/cwt269.00–281.001,45581
HeifersMedium and Large 1550–600566270.27/cwt268.50–276.001,530188
HeifersMedium and Large 1-2450–500481261.00/cwt261.00–261.001,25520
HeifersMedium and Large 1-2Unweaned600–650630244.50/cwt244.50–244.501,5406
SteersMedium and Large 1-2Fleshy900–950925227.00/cwt227.00–227.002,10020
SteersMedium and Large 1-2Full350–400352311.00/cwt311.00–311.001,0955

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.