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 classPick one — the panels below update

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 15 comparable sales and sits −164.16 against this barn's trailing median of $466.61.
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

Price by quality 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.

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 median15 sales
466.61
−164.16
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

This barn's trailing prices 500–600 lb

15 sales
526489452416median 466.6103/0604/1706/1210/0910/30
Steers 500–600 lb: high $512.00, low $429.68, median $466.61 across 15 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

Every lot

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. Grouped by class and set lightest first; USDA files them in sale-ring order.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers17 lots · lightest first
Steers300–350Medium and Large 1Thin Fleshed315418.00/cwt418.00–418.001,31711
Steers350–400Medium and Large 1352380.50/cwt378.00–382.001,33916
Steers350–400Medium and Large 1-2Full352311.00/cwt311.00–311.001,0955
Steers400–450Medium and Large 1425350.44/cwt343.00–355.001,48925
Steers400–450Medium and Large 1-2430319.00/cwt319.00–319.001,37218
Steers450–500Medium and Large 1463340.00/cwt340.00–340.001,57417
Steers450–500Medium and Large 1-2485304.46/cwt300.00–307.001,47730
Steers500–550Medium and Large 1535307.45/cwt304.50–310.001,645194
Steers500–550Medium and Large 1-2535295.00/cwt295.00–295.001,5785
Steers550–600Medium and Large 1-2Thin Fleshed559290.00/cwt290.00–290.001,62121
Steers550–600Medium and Large 1-2581273.29/cwt270.50–275.001,58823
Steers600–650Medium and Large 1Unweaned615299.69/cwt285.50–305.501,843183
Steers600–650Medium and Large 1-2Unweaned641269.22/cwt264.50–277.001,72662
Steers700–750Medium and Large 1-2Unweaned700246.00/cwt246.00–246.001,7225
Steers700–750Medium and Large 1Unweaned730256.25/cwt256.25–256.251,87112
Steers750–800Medium and Large 1Unweaned765253.25/cwt253.25–253.251,93750
Steers900–950Medium and Large 1-2Fleshy925227.00/cwt227.00–227.002,10020
Feeder Cattle · Heifers16 lots · lightest first
Heifers300–350Medium and Large 1328348.00/cwt348.00–348.001,1418
Heifers350–400Medium and Large 1Full370317.60/cwt316.00–320.001,17527
Heifers350–400Medium and Large 1391327.00/cwt327.00–327.001,2798
Heifers400–450Medium and Large 1421306.24/cwt298.00–315.001,28926
Heifers400–450Medium and Large 1-2442280.81/cwt280.00–281.001,24127
Heifers450–500Medium and Large 1-2481261.00/cwt261.00–261.001,25520
Heifers450–500Medium and Large 1485292.52/cwt285.00–300.001,41991
Heifers500–550Medium and Large 1-2508255.34/cwt251.00–260.001,29720
Heifers500–550Medium and Large 1527276.14/cwt269.00–281.001,45581
Heifers550–600Medium and Large 1566270.27/cwt268.50–276.001,530188
Heifers550–600Medium and Large 1-2583258.00/cwt258.00–258.001,50417
Heifers600–650Medium and Large 1-2Unweaned630244.50/cwt244.50–244.501,5406
Heifers600–650Medium and Large 1-2641236.50/cwt236.50–236.501,5168
Heifers650–700Medium and Large 1-2Unweaned674234.33/cwt233.75–236.501,57944
Heifers650–700Medium and Large 1-2696230.00/cwt230.00–230.001,60111
Heifers850–900Medium and Large 1873239.50/cwt239.50–239.502,09124

This sale against other markets

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.