Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, July 7, 2023

1,326 head sold ·Official USDA report

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

light 9-weight M&L 1 steers $251.49/cwt +24.81 vs last sale · ≈ $2,341/hd at 931 lb · 914 head
heavy 8-weight M&L 1 steers $248.50/cwt +18.16 vs last sale · ≈ $2,125/hd at 855 lb · 168 head
heavy 6-weight M&L 1-2 heifers $249.00/cwt ≈ $1,656/hd at 665 lb · 21 head
HeadThis saleLast saleLast year
Total receipts 1,326 1,914 2,541
Feeder cattle 1,326 1,914 2,541

Compared to two weeks ago, steers over 850 lbs sold sharply 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
855 855 168 248.50 $248.50 $2,125
914–947 931 914 249.00–254.75 $251.49 $2,341 +24.81
1013 1013 62 239.00 $239.00 $2,421
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
641 641 5 254.00 $254.00 $1,628
1045 1045 24 220.00 $220.00 $2,299

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
542 542 8 267.00 $267.00 $1,447
600 thin fleshed 600 15 258.00 $258.00 $1,548
665 thin fleshed 665 21 249.00 $249.00 $1,656
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1056 1056 15 191.00 $191.00 $2,017

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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.