Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock · usually sells Fridays

Sale of Friday, October 23, 2026

1,120 head sold ·Official USDA report · Price history in the app

heavy 5-weight M&L 1 steers $442.46/cwt -10.66 vs last sale · ≈ $2,544/hd at 575 lb · 156 head
light 6-weight M&L 1 steers $411.42/cwt +2.42 vs last sale · ≈ $2,633/hd at 640 lb · 132 head
heavy 5-weight M&L 1 heifers $393.91/cwt +14.26 vs last sale · ≈ $2,226/hd at 565 lb · 128 head

Receipts

HeadThis saleLast saleLast year
Total receipts 1,120 1,193 2,687
Feeder cattle 1,120 1,193 2,687

Market comments — USDA reporter

Compared to last week steer calves under 550 lbs sold steady to 10.00 higher and steer calves over 550 lbs sold unevenly steady with heifer calves 450-650 lbs selling 10.00 to 20.00 higher. Demand was good from the buyers in the crowd with internet activity noticed. All the consignments of bawling calves sold in packages and part loads with buyers bidding readily to fill their loads throughout the auction.

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
432 432 7 531.00 $531.00 $2,294 +13.22
473–497 488 37 497.00–521.00 $505.80 $2,468 +0.80
516–543 532 25 440.00–448.00 $442.88 $2,356 -6.82
520–549 536 44 465.00–472.00 $468.09 $2,509 +18.39
563–593 575 156 430.00–455.00 $442.46 $2,544 -10.66
636–647 unweaned 640 132 402.50–419.50 $411.42 $2,633 +2.42
652 unweaned 652 30 401.00 $401.00 $2,615 -12.63
703–724 unweaned 707 74 350.00–376.50 $365.78 $2,586 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
361 361 8 505.00 $505.00 $1,823 —
413–449 427 13 480.00 $480.00 $2,050 +3.00
464 464 5 450.00 $450.00 $2,088 —
511 511 5 412.00 $412.00 $2,105 —
587 thin fleshed 587 10 419.00 $419.00 $2,460 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
421 421 15 475.00–487.00 $480.60 $2,023 —
466–488 479 78 420.00–451.00 $443.30 $2,123 +8.74
504–526 514 71 416.00–426.00 $420.56 $2,162 +37.48
553–593 565 128 375.00–401.00 $393.91 $2,226 +14.26
600–618 unweaned 611 57 384.00–388.00 $385.59 $2,356 +22.59
845 845 5 327.50 $327.50 $2,767 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
546 546 6 372.50 $372.50 $2,034 —
688 unweaned 688 22 342.00 $342.00 $2,353 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
505 505 5 435.00 $435.00 $2,197 —
660 unweaned 660 12 358.00 $358.00 $2,363 —

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Price trend

high 378.00 low 324.00 Dec 2025 Sep 2026

850–899 lb Medium and Large 1 steers — head-weighted average $/cwt by sale date, last 12 months.

Reading this report

What does "Medium and Large 1" mean?

USDA feeder grades describe frame size and muscle thickness, not quality of the individual animal. "Medium and Large" is the frame score; the number is muscle (1 = heaviest muscled). "Medium and Large 1–2" pens mix both muscle scores — common across the Southeast.

What is $/cwt?

Dollars per hundredweight — per 100 lb of animal. A 500-lb calf at $450/cwt brings 5 × $450 = $2,250. Lighter cattle usually bring more per cwt but less per head.

Why are some prices per head?

Bred cows, cow-calf pairs, and some replacement classes sell by the head, not by weight. We show those exactly as USDA reports them — a $/head figure is never converted into $/cwt on this site.

Where do these numbers come from?

From the USDA Agricultural Marketing Service's Livestock Market News — federal reporters at the sale. We publish each report in full and link the official USDA document at the top of the page.

← Previous sale (Oct 16, 2026)

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