Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, January 27, 2023

5,204 head sold ·Official USDA report

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

heavy 7-weight M&L 1 heifers $167.01/cwt -0.07 vs last sale · ≈ $1,291/hd at 773 lb · 552 head
light 7-weight M&L 1 steers $184.36/cwt -2.41 vs last sale · ≈ $1,343/hd at 729 lb · 531 head
light 8-weight M&L 1 steers $175.82/cwt -1.18 vs last sale · ≈ $1,454/hd at 827 lb · 524 head

Receipts

HeadThis saleLast saleLast year
Total receipts 5,204 4,679 3,446
Feeder cattle 5,204 4,679 3,446

Market comments — USDA reporter

Compared to two weeks ago, steers over 550 lbs sold steady to 4.00 lower and heifers 550-650 lbs sold 5.00 higher with heifers 650-800 lbs selling steady. 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
370 370 12 236.00 $236.00 $873 —
477–491 483 46 228.00–235.00 $231.91 $1,120 —
527 527 14 225.50 $225.50 $1,188 +2.00
542 542 7 219.00 $219.00 $1,187 -4.50
573 573 28 223.75 $223.75 $1,282 -0.09
561–590 574 83 213.50–222.50 $216.67 $1,244 -7.17
585 thin fleshed 585 81 229.00 $229.00 $1,340 —
576–593 587 39 204.00–206.00 $205.30 $1,205 -18.54
622 thin fleshed 622 94 215.50 $215.50 $1,340 —
602–640 630 71 200.00–204.50 $201.94 $1,272 +0.95
631 631 19 195.00 $195.00 $1,230 -5.99
659 unweaned 659 19 192.00 $192.00 $1,265 —
663–664 thin fleshed 663 101 205.50–208.50 $207.31 $1,374 —
657–698 679 348 187.00–198.50 $194.71 $1,322 +4.96
715 unweaned 715 7 183.00 $183.00 $1,308 —
700–741 725 122 170.00–177.50 $174.60 $1,266 -12.17
706–740 730 402 184.50–190.50 $187.34 $1,368 +0.57
761–785 774 150 175.00–183.00 $179.19 $1,387 +0.76
826 826 22 167.75 $167.75 $1,386 -13.16
805–845 827 502 172.50–183.75 $176.17 $1,457 -4.74
872–876 874 147 168.00–176.75 $172.75 $1,510 +4.25
904–924 917 181 170.00–176.25 $173.77 $1,593 -9.44
976–995 990 41 165.00–165.50 $165.12 $1,635 -4.38
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
451–490 465 28 206.00–213.00 $208.47 $969 —
521 unweaned 521 11 183.00 $183.00 $953 —
739 739 7 165.00 $165.00 $1,219 -7.33
761–764 763 21 165.00–166.25 $165.77 $1,265 -5.73

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
386 386 14 207.00 $207.00 $799 —
512–534 524 67 181.00–184.00 $182.48 $956 +2.48
557 557 30 192.50 $192.50 $1,072 +8.16
566 unweaned 566 8 170.00 $170.00 $962 -5.00
579–593 584 83 180.00–183.50 $182.31 $1,065 -2.03
560–593 588 51 170.00–175.00 $172.00 $1,011 -12.34
587–597 596 116 186.50–192.00 $191.72 $1,143 +7.38
614–636 624 47 168.00–170.00 $168.80 $1,053 -5.75
600–644 632 354 173.00–179.75 $177.73 $1,123 +3.18
650–696 681 307 169.00–177.00 $174.52 $1,188 +2.27
679–687 682 189 163.00–165.00 $164.41 $1,121 -7.84
710 710 32 172.25 $172.25 $1,223 +3.40
706–748 719 292 164.00–173.00 $169.70 $1,220 +0.85
750–798 773 552 161.00–169.75 $167.01 $1,291 -0.07
809–824 811 42 160.00–162.50 $162.20 $1,315 -3.48
870 870 46 167.00 $167.00 $1,453 —
1021 1021 25 162.75 $162.75 $1,662 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
416 416 5 170.00 $170.00 $707 -21.22
418 418 5 186.00 $186.00 $777 -5.22
473 thin fleshed 473 60 200.00 $200.00 $946 +12.66
487–491 489 37 185.00–189.00 $186.51 $912 +8.10
500–525 514 29 171.00–178.25 $175.21 $901 -2.27

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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.