Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, June 23, 2023

1,914 head sold ·Official USDA report

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

light 9-weight M&L 1 steers $226.68/cwt +15.38 vs last sale · ≈ $2,072/hd at 914 lb · 1,049 head
heavy 8-weight M&L 1 steers $230.34/cwt ≈ $2,066/hd at 897 lb · 320 head
heavy 9-weight M&L 1 steers $220.75/cwt +9.50 vs last sale · ≈ $2,179/hd at 987 lb · 284 head
HeadThis saleLast saleLast year
Total receipts 1,914 1,595 2,183
Feeder cattle 1,914 1,595 2,183

First reported sale in recent weeks a trend is not applicable. 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
585 unweaned 585 6 267.00 $267.00 $1,562
897–898 897 320 230.25–230.50 $230.34 $2,066
900–935 914 1,049 215.00–230.50 $226.68 $2,072 +33.68
987 987 284 220.75 $220.75 $2,179
Medium and Large 1 ($/head)
Weight (lb) Avg wt Head Price range Avg $ Δ last sale
233 unweaned 233 13 760.00 $760.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
513 513 5 267.50 $267.50 $1,372 +28.23

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Medium and Large 1 ($/head)
Weight (lb) Avg wt Head Price range Avg $ Δ last sale
229 unweaned 229 7 760.00 $760.00
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
544 unweaned 544 5 239.00 $239.00 $1,300

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
432 432 10 291.00 $291.00 $1,257
878 878 13 192.50 $192.50 $1,690
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
537 537 5 236.00 $236.00 $1,267

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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.