Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, May 12, 2023

1,747 head sold ·Official USDA report

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

heavy 9-weight M&L 1 steers $193.33/cwt +4.91 vs last sale · ≈ $1,881/hd at 973 lb · 302 head
heavy 7-weight M&L 1 steers $230.19/cwt +28.19 vs last sale · ≈ $1,749/hd at 760 lb · 135 head
light 7-weight M&L 1 heifers $208.22/cwt +11.72 vs last sale · ≈ $1,520/hd at 730 lb · 119 head
HeadThis saleLast saleLast year
Total receipts 1,747 1,618 2,319
Feeder cattle 1,530 1,618 2,319
Replacement cattle 217 0

Compared to two weeks ago, steers sold 3.00 to 5.00 higher and heifers sold 6.00 to 9.00 higher. Demand was 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
500–504 502 20 273.00–276.00 $274.51 $1,378 +3.51
515 fancy 515 31 314.00 $314.00 $1,617
572 thin fleshed 572 27 274.00 $274.00 $1,567
614 fancy 614 77 269.00 $269.00 $1,652
646 646 39 245.00 $245.00 $1,583
671 thin fleshed 671 13 245.00 $245.00 $1,644
758 thin fleshed 758 126 233.85 $233.85 $1,773
784 unweaned 784 9 179.00 $179.00 $1,403
866 866 46 195.50 $195.50 $1,693
961–988 973 302 187.00–197.50 $193.33 $1,881 +4.91
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
479 thin fleshed 479 7 265.00 $265.00 $1,269
612 thin fleshed 612 6 229.00 $229.00 $1,401
729 thin fleshed 729 7 207.75 $207.75 $1,514
781–787 thin fleshed 784 26 199.00–204.25 $201.61 $1,581

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
453–496 475 24 243.50–250.00 $246.90 $1,173 +6.67
500–546 531 47 236.00–237.00 $236.30 $1,255 +8.30
550–574 564 12 221.00–223.00 $221.81 $1,251 -6.97
597 597 6 223.00 $223.00 $1,331 -5.78
618–625 624 45 211.50–222.00 $220.38 $1,375 +8.72
704 unweaned 704 8 189.50 $189.50 $1,334
723–733 732 111 200.00–210.50 $209.57 $1,534 +13.07
760 thin fleshed 760 59 205.25 $205.25 $1,560
936 936 38 175.00 $175.00 $1,638
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
350 350 9 241.00 $241.00 $844
542 542 39 227.00 $227.00 $1,230
726 726 27 186.50 $186.50 $1,354

↑ Back to top

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1229 1229 Aged (>8 yrs)Open 19 1,410.00 $1,410.00
1243 1243 Aged (>8 yrs)Open 7 1,360.00 $1,360.00
1152–1366 1257 Young (2-4 yrs)Open 20 1,985.00–2,600.00 $2,322.02
1280 1280 Middle Aged/Aged (>5 yrs)Open 6 1,775.00 $1,775.00
1395 1395 Middle Aged/Aged (>5 yrs)Open 6 1,810.00 $1,810.00
1423–1482 1447 Aged (>8 yrs)Open 15 1,800.00–1,925.00 $1,873.78
1459–1550 1502 Aged (>8 yrs)Open 25 1,800.00–1,835.00 $1,816.32
1582 1582 Young/Middle Aged (2-8 yrs)Open 12 2,375.00 $2,375.00
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1319 1319 Aged (>8 yrs)Open 15 1,600.00 $1,600.00

↑ Back to top

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1114–1374 1206 Young (2-4 yrs)Open 69 2,200.00–2,935.00 $2,524.58

↑ Back to top

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.