Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, August 4, 2023

1,383 head sold ·Official USDA report

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

light 9-weight M&L 1 steers $245.53/cwt -2.76 vs last sale · ≈ $2,277/hd at 927 lb · 560 head
heavy 8-weight M&L 1 steers $246.50/cwt -9.00 vs last sale · ≈ $2,201/hd at 893 lb · 135 head
heavy 6-weight M&L 1 heifers $252.27/cwt +3.27 vs last sale · ≈ $1,672/hd at 663 lb · 115 head
HeadThis saleLast saleLast year
Total receipts 1,383 1,201 1,787
Feeder cattle 1,383 1,201 1,787

Compared to two weeks ago steers and heifers over 900 lbs sold steady. Demand was moderate to good for the yearling cattle with some lots coming out of grow yards showing a little extra flesh compared to those coming off summer grass.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
371 unweaned 371 5 324.00 $324.00 $1,202
893 893 135 246.50 $246.50 $2,201 -9.00
900–942 926 447 244.00–249.00 $247.65 $2,293 -0.64
921–943 933 113 235.50–239.25 $237.14 $2,213 -11.15
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
579 579 13 270.00 $270.00 $1,563 -0.50
682 682 12 266.00 $266.00 $1,814 +2.00
750 750 19 248.00 $248.00 $1,860
803 thin fleshed 803 63 249.00 $249.00 $1,999
872 872 36 239.50 $239.50 $2,088
Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
872 872 21 213.00 $213.00 $1,857

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
655 655 27 245.00 $245.00 $1,605 -4.00
665 665 88 254.50 $254.50 $1,692 +5.50
700 700 15 237.00 $237.00 $1,659 ±0.00
739 739 73 243.00 $243.00 $1,796 +6.00
862 862 12 229.00 $229.00 $1,974
874–896 886 43 220.00–221.00 $220.46 $1,953
931 thin fleshed 931 19 227.00 $227.00 $2,113
931 931 60 222.00 $222.00 $2,067 -1.00
975 975 13 219.00 $219.00 $2,135
1022 1022 23 216.00 $216.00 $2,208 +2.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
543 543 14 251.00 $251.00 $1,363
671 671 15 235.50 $235.50 $1,580
1005 1005 14 191.00 $191.00 $1,920

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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.