Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, October 23, 2020

1,875 head sold ·Official USDA report

This is an archived report. See the latest Lexington Livestock Market report →

heavy 5-weight M&L 1 steers $153.72/cwt -1.73 vs last sale · ≈ $873/hd at 568 lb · 236 head
heavy 5-weight M&L 1 heifers $134.44/cwt +0.28 vs last sale · ≈ $762/hd at 567 lb · 198 head
light 5-weight M&L 1 steers $167.40/cwt +7.06 vs last sale · ≈ $855/hd at 511 lb · 175 head

Receipts

HeadThis saleLast saleLast year
Total receipts 1,875 1,570 3,248
Feeder cattle 1,875 1,570 3,248

Market comments — USDA reporter

Compared to last week steers 450-550 lbs sold steady to 2.00 higher and steers 550-650 sold 2.00-7.00 lower, heifers sold steady to 7.00 lower. Demand was moderate to good with internet activity noticed.

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
331 331 15 180.50 $180.50 $597 —
381 381 17 174.00 $174.00 $663 —
402–438 425 86 169.00–174.00 $170.58 $725 -5.58
459–491 474 136 172.00–180.00 $176.83 $838 +3.52
501–508 thin fleshed 504 100 173.00–174.00 $173.49 $874 +1.49
500–537 520 75 153.25–168.00 $159.28 $828 +0.95
556–592 568 236 151.00–155.25 $153.72 $873 -1.73
600–612 606 164 142.50–154.25 $147.42 $893 +1.57
653 653 47 147.50 $147.50 $963 +2.92
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
450 450 7 164.00 $164.00 $738 +0.45
511 511 18 151.00 $151.00 $772 —
562 562 10 146.00 $146.00 $821 —
628–634 632 39 136.00–137.00 $136.67 $864 -4.33
660–691 684 33 130.00–135.50 $131.13 $897 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
352–382 373 45 158.00–167.00 $163.81 $611 -0.85
407–416 thin fleshed 413 21 168.00–171.00 $170.16 $703 —
412–439 431 78 154.00–161.00 $159.42 $687 +1.50
462 thin fleshed 462 31 160.25 $160.25 $740 —
465–495 478 142 145.50–150.50 $149.83 $716 -2.12
512–545 536 159 133.00–139.00 $137.66 $738 -12.84
551–591 567 198 130.00–140.50 $134.44 $762 +0.28
613 613 19 130.75 $130.75 $801 -13.75
686 686 6 128.50 $128.50 $882 -20.50
854 854 14 128.00 $128.00 $1,093 -4.50
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
527 527 7 129.00 $129.00 $680 -10.93

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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.