Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, April 28, 2023

1,618 head sold ·Official USDA report

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

heavy 9-weight M&L 1 steers $188.42/cwt ≈ $1,813/hd at 962 lb · 239 head
heavy 5-weight M&L 1 heifers $228.78/cwt +8.31 vs last sale · ≈ $1,313/hd at 574 lb · 213 head
heavy 4-weight M&L 1 heifers $239.74/cwt +2.80 vs last sale · ≈ $1,137/hd at 474 lb · 137 head
HeadThis saleLast saleLast year
Total receipts 1,618 916 1,543
Feeder cattle 1,618 916 1,543

Compared to two weeks ago, steers under 650 lbs sold 5.00 to 10.00 higher. Not enough comparable offerings of heifers to establish a trend. Demand was good from the buyers in the crowd with internet activity noticed.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
322 322 9 304.00 $304.00 $979 +12.00
372–378 375 12 292.00–308.00 $298.73 $1,120 +28.73
443 443 20 270.00 $270.00 $1,196 +11.13
481–487 484 50 272.00–273.00 $272.50 $1,319 +7.46
520 520 18 271.00 $271.00 $1,409 +15.00
565 565 48 256.00–264.00 $262.83 $1,485
605–624 610 53 235.00–241.00 $238.58 $1,455 +10.48
651–664 653 81 235.00–236.00 $235.86 $1,540
731 731 30 213.00 $213.00 $1,557 +6.76
751 751 5 202.00 $202.00 $1,517
962–963 962 239 180.00–191.50 $188.42 $1,813
1097 1097 57 175.00 $175.00 $1,920
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
395 395 12 257.00 $257.00 $1,015

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
311–342 325 30 277.00–285.00 $281.33 $914
396 396 7 253.00 $253.00 $1,002
450–499 474 131 233.00–245.75 $240.23 $1,139 -5.77
480 unweaned 480 6 229.00 $229.00 $1,099 +5.00
536 536 25 228.00 $228.00 $1,222 +6.00
560–599 574 213 221.00–233.50 $228.78 $1,313 +8.31
603–615 608 13 208.00–214.00 $211.66 $1,287
650–696 676 96 197.00–209.00 $204.96 $1,386
700–737 708 54 191.50–198.00 $196.50 $1,391 +8.06
852–878 873 51 188.75–189.75 $189.58 $1,655 +6.65
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
317 317 8 255.00 $255.00 $808
426–439 433 23 220.00–228.00 $223.42 $967 -1.58
468 unweaned 468 5 201.00 $201.00 $941
458–487 474 11 210.00–220.00 $215.61 $1,022

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
435 unweaned 435 10 282.50 $282.50 $1,229
526 unweaned 526 5 245.00 $245.00 $1,289
835 835 16 179.50 $179.50 $1,499

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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.