Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, June 24, 2022

2,228 head sold ·Official USDA report

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

heavy 9-weight M&L 1 steers $164.81/cwt ≈ $1,618/hd at 982 lb · 1,010 head
heavy 8-weight M&L 1 steers $172.77/cwt +11.02 vs last sale · ≈ $1,526/hd at 883 lb · 538 head
light 8-weight M&L 1 heifers $160.70/cwt ≈ $1,326/hd at 825 lb · 293 head
HeadThis saleLast saleLast year
Total receipts 2,228 856 0
Feeder cattle 2,183 806 0
Replacement cattle 45 50 0

Not enough comparable offerings with two weeks ago to establish a trend, however a higher undertone was noted. Demand was good to very good from the buyers in the crowd.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
833 833 39 164.00 $164.00 $1,366 -8.00
861–893 883 538 169.50–175.00 $172.77 $1,526 +11.02
970–998 982 1,010 162.50–166.85 $164.81 $1,618
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
462 thin fleshed 462 10 209.00 $209.00 $966
625 thin fleshed 625 35 194.00 $194.00 $1,212
753–790 763 23 151.00–155.00 $153.92 $1,174

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
824 824 262 162.00 $162.00 $1,335
836 836 31 149.75 $149.75 $1,252
867 867 70 156.50 $156.50 $1,357 +7.20
1021 1021 7 138.50 $138.50 $1,414
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
439 439 5 168.00 $168.00 $738
455 thin fleshed 455 7 175.00 $175.00 $796
507 507 13 164.00 $164.00 $831 +0.73
616 thin fleshed 616 19 169.00 $169.00 $1,041
670 thin fleshed 670 7 159.50 $159.50 $1,069

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Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1518 1518 Young (2-4 yrs)1st Stage (1-3 mo) 6 1,985.00 $1,985.00
1742 1742 Aged (>8 yrs)1st Stage (1-3 mo) 11 1,835.00 $1,835.00
1755–1788 1765 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 19 1,810.00–1,900.00 $1,838.78

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Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1344 1344 Young (2-4 yrs)Open 6 1,935.00 $1,935.00

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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.