Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, October 21, 2022

2,278 head sold ·Official USDA report

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

heavy 7-weight M&L 1 steers $182.21/cwt ≈ $1,441/hd at 791 lb · 188 head
heavy 5-weight M&L 1 steers $209.06/cwt +5.77 vs last sale · ≈ $1,200/hd at 574 lb · 179 head
heavy 8-weight M&L 1 heifers $168.29/cwt ≈ $1,471/hd at 874 lb · 172 head

Receipts

HeadThis saleLast saleLast year
Total receipts 2,278 1,526 1,816
Feeder cattle 2,278 1,492 1,816
Replacement cattle — 34 —

Market comments — USDA reporter

Compared to last week steers sold steady to 10.00 higher and heifers sold steady to 4.00 higher. Demand was good to very 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
378 378 13 255.00 $255.00 $964 +13.19
390 390 7 221.00 $221.00 $862 -20.81
400–420 411 37 233.00–243.00 $238.86 $982 +26.86
413–443 432 25 219.00–222.00 $220.97 $955 -4.03
459–496 486 166 212.00–228.00 $220.64 $1,072 +12.64
512–546 537 92 209.00–218.00 $213.03 $1,144 +11.00
561–592 574 179 200.00–213.00 $209.06 $1,200 +2.88
601–637 621 39 181.50–186.00 $184.07 $1,143 +4.07
611–638 unweaned 629 55 201.00–208.00 $203.22 $1,278 +24.37
650–670 unweaned 663 58 178.00–188.50 $184.02 $1,220 +9.02
661–686 680 28 182.00–182.50 $182.38 $1,240 +7.88
707–724 718 35 183.50–186.50 $185.49 $1,332 +0.99
784–795 791 188 180.50–183.00 $182.21 $1,441 —
802–817 814 92 180.50–185.00 $184.23 $1,500 +8.13
896 896 62 175.00 $175.00 $1,568 —
944 944 61 174.25 $174.25 $1,645 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
360 360 5 210.00 $210.00 $756 -4.00
412 412 5 215.00 $215.00 $886 —
610 unweaned 610 10 179.00 $179.00 $1,092 —
650 650 6 164.00 $164.00 $1,066 —
829 829 11 171.75 $171.75 $1,424 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
362–390 373 21 196.00–203.00 $198.57 $741 +0.69
417–449 444 44 194.00–203.00 $201.65 $895 +11.65
450–490 463 100 191.50–194.25 $192.45 $891 +8.36
502 502 5 180.00 $180.00 $904 -1.23
510–537 526 12 174.50–177.00 $175.99 $926 -5.24
526–539 530 98 186.00–189.50 $188.34 $998 +7.11
550–597 571 112 178.00–184.00 $182.08 $1,040 +12.08
600–642 unweaned 618 46 172.00–179.00 $176.51 $1,091 —
623 623 26 179.00 $179.00 $1,115 —
718 718 43 179.75 $179.75 $1,291 —
769 769 90 171.00 $171.00 $1,315 -0.50
809–812 811 50 166.00–170.50 $169.06 $1,371 +6.56
814 thin fleshed 814 53 178.00 $178.00 $1,449 —
856–890 874 172 168.00–172.00 $168.29 $1,471 —
951 951 13 168.00 $168.00 $1,598 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
367–388 385 36 189.00–191.00 $189.99 $731 —
467–468 467 48 185.00–188.00 $186.69 $872 +12.22

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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.