Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, July 21, 2023

1,201 head sold ·Official USDA report

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

light 9-weight M&L 1 steers $248.29/cwt -3.20 vs last sale · ≈ $2,324/hd at 936 lb · 554 head
light 8-weight M&L 1 heifers $235.69/cwt ≈ $1,975/hd at 838 lb · 134 head
heavy 8-weight M&L 1 steers $255.50/cwt +7.00 vs last sale · ≈ $2,202/hd at 862 lb · 128 head
HeadThis saleLast saleLast year
Total receipts 1,201 1,326 1,211
Feeder cattle 1,201 1,326 1,211

Compared to two weeks ago steers over 850 lbs sold unevenly steady. Demand was moderate to 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
862 862 128 255.50 $255.50 $2,202 +7.00
926–945 936 554 245.50–250.00 $248.29 $2,324 -3.20
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
589 589 7 270.50 $270.50 $1,593
695 695 23 264.00 $264.00 $1,835
800 800 28 250.75 $250.75 $2,006
905 905 51 218.00 $218.00 $1,973

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
664 664 39 249.00 $249.00 $1,653
712 712 72 237.00 $237.00 $1,687
838–840 838 134 230.00–236.00 $235.69 $1,975
919 919 59 213.00 $213.00 $1,957
936 936 18 223.00 $223.00 $2,087
1035 1035 18 214.00 $214.00 $2,215

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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.