Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, March 4, 2022

3,227 head sold ·Official USDA report

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

light 7-weight M&L 1 steers $173.33/cwt +0.11 vs last sale · ≈ $1,215/hd at 701 lb · 529 head
heavy 7-weight M&L 1 steers $158.38/cwt -12.62 vs last sale · ≈ $1,259/hd at 795 lb · 334 head
light 7-weight M&L 1 heifers $148.85/cwt ≈ $1,055/hd at 709 lb · 255 head

Receipts

HeadThis saleLast saleLast year
Total receipts 3,227 2,468 0
Feeder cattle 3,227 2,468 0

Market comments — USDA reporter

Compared to last week steers sold steady to 10.00 lower and heifers sold 4.00 to 6.00 lower. Demand was moderate to good from the buyers in the crowd.

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
423 423 5 220.00 $220.00 $931 —
480 480 39 215.00 $215.00 $1,032 -6.50
500 500 18 197.00–197.50 $197.14 $986 -15.70
533 unweaned 533 19 175.00 $175.00 $933 —
550–587 574 99 190.00–196.00 $191.49 $1,099 -21.19
597 unweaned 597 22 166.00 $166.00 $991 —
604 fancy 604 79 206.00 $206.00 $1,244 -5.00
649 649 58 192.25 $192.25 $1,248 -0.28
663 663 31 170.00 $170.00 $1,127 -13.00
700–708 701 529 165.00–174.75 $173.33 $1,215 +0.11
789–796 795 334 155.75–159.25 $158.38 $1,259 -12.62
807–833 830 99 145.00–149.50 $149.06 $1,237 -11.91
850–875 857 64 143.50–146.50 $144.19 $1,236 -10.56
915–947 936 99 144.75–145.00 $144.84 $1,356 -6.31
1043 1043 45 138.00 $138.00 $1,439 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
500–543 527 16 168.50–176.00 $171.17 $902 -27.83
540 540 7 161.00 $161.00 $869 —
552–553 552 19 165.50–169.00 $166.79 $921 -23.21
601–603 601 23 161.00–166.00 $164.91 $991 —
614–617 615 13 151.00–154.00 $152.61 $939 —
641 thin fleshed 641 39 168.50 $168.50 $1,080 —
650–691 670 77 155.00–162.50 $160.32 $1,074 —
733–746 741 78 145.00–148.00 $146.74 $1,087 -15.26
740–744 thin fleshed 743 114 156.25–159.50 $157.33 $1,169 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
342 342 9 203.00 $203.00 $694 -7.00
396 396 8 190.00 $190.00 $752 —
421 421 6 188.00 $188.00 $791 —
450–495 483 52 175.00–187.00 $176.90 $854 —
503–537 514 18 181.00–182.00 $181.65 $934 -6.48
521 unweaned 521 5 170.00 $170.00 $886 —
558 558 30 161.00–164.50 $163.80 $914 -8.55
561–592 588 111 165.00–171.00 $166.65 $980 -5.70
588 thin fleshed 588 84 181.75 $181.75 $1,069 —
603 unweaned 603 14 156.00 $156.00 $941 —
607–645 616 114 167.50–172.00 $168.66 $1,039 +10.66
686–687 686 164 159.00 $159.00 $1,091 -7.15
703 703 84 159.00 $159.00 $1,118 —
702–741 710 161 141.50–146.50 $143.48 $1,019 —
736 736 10 150.00 $150.00 $1,104 —
764 764 82 157.00 $157.00 $1,199 +4.56
774–798 791 112 145.35–147.25 $145.93 $1,154 -4.56
809 809 7 153.00 $153.00 $1,238 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
578–584 581 16 152.00–156.50 $154.52 $898 —
610–625 615 20 153.00–153.50 $153.32 $943 —
622–642 629 48 145.75–150.00 $147.97 $931 —
661 661 13 148.00 $148.00 $978 —
668 668 10 143.00 $143.00 $955 —
682–685 thin fleshed 683 59 150.50–151.75 $151.24 $1,033 —
810 810 12 137.50 $137.50 $1,114 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
394 394 9 196.00 $196.00 $772 —

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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.