Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, May 26, 2023

1,595 head sold ·Official USDA report

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

heavy 9-weight M&L 1 steers $211.25/cwt +17.92 vs last sale · ≈ $2,009/hd at 951 lb · 732 head
light 9-weight M&L 1 steers $211.30/cwt ≈ $1,907/hd at 902 lb · 135 head
heavy 6-weight M&L 1 steers $248.61/cwt +3.61 vs last sale · ≈ $1,638/hd at 659 lb · 82 head
HeadThis saleLast saleLast year
Total receipts 1,595 1,747 810
Feeder cattle 1,595 1,530 810
Replacement cattle — 217 —

Compared to two weeks ago, steers over 950 lbs sold sharply higher and heifers sold 10.00-15.00 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
657–662 659 82 248.00–250.00 $248.61 $1,638 —
742 742 7 222.00 $222.00 $1,647 —
767–780 777 30 216.75–225.00 $223.10 $1,733 —
902 902 130 212.00 $212.00 $1,912 —
910 910 5 193.00 $193.00 $1,756 —
951 951 732 211.25 $211.25 $2,009 +17.92
1026 1026 171 199.50 $199.50 $2,047 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
528–529 528 11 236.00–242.00 $239.27 $1,263 —
536 thin fleshed 536 19 267.00 $267.00 $1,431 —
558 558 7 240.00 $240.00 $1,339 —
623 thin fleshed 623 15 242.50 $242.50 $1,511 +13.50
643 643 14 223.00 $223.00 $1,434 —
774 thin fleshed 774 13 211.00 $211.00 $1,633 +9.39

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
426 426 6 264.00 $264.00 $1,125 —
506 506 8 250.00 $250.00 $1,265 +13.70
561 561 22 240.00 $240.00 $1,346 +18.19
621 621 20 235.50 $235.50 $1,462 +15.12
681 681 8 224.00 $224.00 $1,525 —
727 727 9 220.00 $220.00 $1,599 +10.43
730 730 55 219.50 $219.50 $1,602 +9.93
787 787 41 219.00 $219.00 $1,724 —
835 835 5 206.00 $206.00 $1,720 —
912 912 35 191.00 $191.00 $1,742 +16.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
529 529 5 227.00 $227.00 $1,201 ±0.00
632–633 633 19 219.00–222.00 $220.90 $1,398 —

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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.