Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, March 3, 2023

1,743 head sold ·Official USDA report

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

heavy 7-weight M&L 1 heifers $179.84/cwt +6.09 vs last sale · ≈ $1,389/hd at 773 lb · 252 head
light 8-weight M&L 1 steers $190.96/cwt +5.29 vs last sale · ≈ $1,554/hd at 814 lb · 127 head
light 7-weight M&L 1 heifers $187.26/cwt +10.98 vs last sale · ≈ $1,345/hd at 718 lb · 126 head

Receipts

HeadThis saleLast saleLast year
Total receipts 1,743 2,147 3,227
Feeder cattle 1,743 2,147 3,227

Market comments — USDA reporter

Compared to last week steers sold steady to 7.00 higher and heifers sold 2.00-6.00 higher. Demand was 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
325 325 11 272.50 $272.50 $886 —
364 364 16 265.00 $265.00 $965 +9.39
427 thin fleshed 427 17 266.00 $266.00 $1,136 —
487–493 492 29 255.50–257.00 $255.86 $1,259 +0.86
567–570 568 43 242.00–246.00 $243.59 $1,384 +39.91
628–644 638 125 215.50–223.50 $218.59 $1,395 -0.77
655 655 7 209.00 $209.00 $1,369 -1.00
712 712 14 188.00 $188.00 $1,339 -12.34
740 740 45 198.00 $198.00 $1,465 +8.50
809–824 814 127 188.50–192.25 $190.96 $1,554 +5.29
870 870 15 178.00 $178.00 $1,549 -2.46
872 872 26 173.00 $173.00 $1,509 -7.46
900–936 914 80 175.00–179.25 $177.10 $1,619 —
1027 1027 11 165.00 $165.00 $1,695 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
426 thin fleshed 426 10 229.00 $229.00 $976 —
551 thin fleshed 551 7 211.00 $211.00 $1,163 —
551–581 566 10 198.00–206.00 $202.11 $1,144 —
600 600 8 191.00 $191.00 $1,146 —
700 thin fleshed 700 18 186.00 $186.00 $1,302 —
767 thin fleshed 767 19 181.50 $181.50 $1,392 —
867 thin fleshed 867 22 175.00 $175.00 $1,517 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–345 336 46 249.00–255.00 $250.05 $840 —
388 388 23 239.00 $239.00 $927 —
436–441 439 37 220.00–225.00 $222.85 $978 +2.41
471 471 7 216.00 $216.00 $1,017 —
520–541 527 67 210.00–216.00 $210.86 $1,111 +12.86
564 564 20 195.00 $195.00 $1,100 -2.34
560–582 576 93 204.00–212.00 $206.66 $1,190 +9.32
601–648 632 75 186.50–193.50 $190.13 $1,202 —
682 682 39 204.00 $204.00 $1,391 +21.62
700–734 713 77 178.25–184.50 $181.06 $1,291 +4.78
727 727 49 197.00 $197.00 $1,432 +20.72
760–797 772 246 175.75–183.50 $180.06 $1,390 +6.31
795 795 6 171.00 $171.00 $1,359 -2.75
800 800 29 178.25 $178.25 $1,426 +11.75
869 869 27 172.00 $172.00 $1,495 +9.50
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
423 423 15 196.00 $196.00 $829 —
642–649 646 12 170.00–176.00 $172.48 $1,114 —
674 674 20 170.00 $170.00 $1,146 —
800 800 19 167.00 $167.00 $1,336 —

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Feeder Bulls

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
726 726 5 158.00 $158.00 $1,147 —

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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.