Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, February 24, 2023

2,147 head sold ·Official USDA report

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

light 8-weight M&L 1 steers $185.67/cwt +4.98 vs last sale · ≈ $1,515/hd at 816 lb · 314 head
heavy 8-weight M&L 1 steers $180.27/cwt ≈ $1,596/hd at 885 lb · 268 head
light 7-weight M&L 1 steers $199.75/cwt +14.04 vs last sale · ≈ $1,459/hd at 730 lb · 164 head
HeadThis saleLast saleLast year
Total receipts 2,147 2,421 2,468
Feeder cattle 2,147 2,421 2,468

Compared to last week steers 550-750 lbs sold 8.00 to 10.00 higher and heifers 550-750 lbs sold steady to 5.00 higher. 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
373–389 385 28 245.00–259.00 $255.61 $984
393 unweaned 393 11 240.00 $240.00 $943 -4.00
454–475 465 46 229.00–231.00 $229.90 $1,069
488 488 32 255.00 $255.00 $1,244
541 541 30 232.00 $232.00 $1,255 +13.67
565–577 569 18 203.00–205.00 $203.68 $1,159 -1.32
568–589 581 88 230.00–237.00 $233.29 $1,355 +9.01
600–630 614 38 200.00–211.00 $206.41 $1,267
607–634 623 92 217.50–221.00 $219.36 $1,367
666 666 17 210.00 $210.00 $1,399 +8.23
687 687 32 194.00 $194.00 $1,333 -7.77
719–740 730 155 198.00–202.75 $200.34 $1,462 +13.64
736 736 9 189.50 $189.50 $1,395 +2.80
758–783 774 26 176.00–177.50 $176.99 $1,370 -12.13
785–789 787 116 186.25–186.85 $186.54 $1,468 -2.58
804–827 816 314 183.00–186.75 $185.67 $1,515 +4.98
856–895 885 260 178.00–181.25 $180.46 $1,597
894 894 8 174.00 $174.00 $1,556
950 950 25 172.75 $172.75 $1,641
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
427 427 9 220.50 $220.50 $942
507 thin fleshed 507 20 218.00 $218.00 $1,105
528 528 5 208.00 $208.00 $1,098 +28.00
673 673 14 185.00 $185.00 $1,245 +15.00
674 674 6 175.00 $175.00 $1,180 +5.00

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
303 unweaned 303 15 220.00 $220.00 $667
375 thin fleshed 375 12 236.00 $236.00 $885
384 unweaned 384 18 214.00 $214.00 $822
405–448 430 39 218.00–222.00 $220.44 $948
452 fancy 452 31 226.00 $226.00 $1,022
457 thin fleshed 457 12 215.00 $215.00 $983
502 502 7 198.00 $198.00 $994 +4.85
504–536 thin fleshed 523 86 211.00–216.00 $213.56 $1,117
530 fancy 530 8 226.00 $226.00 $1,198
570 fancy 570 33 214.00 $214.00 $1,220
577–588 583 44 196.75–198.00 $197.34 $1,150 +17.10
653–691 672 103 179.00–186.00 $182.38 $1,226 +3.39
712–726 719 135 175.75–176.85 $176.28 $1,267 -7.84
766 766 23 173.75 $173.75 $1,331 -2.38
825 825 29 166.50 $166.50 $1,374 +1.00
881 881 12 162.50 $162.50 $1,432
977 977 13 162.75 $162.75 $1,590
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
318 318 6 200.00 $200.00 $636
511 511 7 186.00 $186.00 $950 +16.00
563 563 6 176.00 $176.00 $991 -1.36
592 592 6 186.50 $186.50 $1,104 +9.14

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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.