Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, September 1, 2023

1,776 head sold ·Official USDA report

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

heavy 9-weight M&L 1 steers $240.77/cwt +2.89 vs last sale · ≈ $2,319/hd at 963 lb · 544 head
heavy 8-weight M&L 1 heifers $243.11/cwt +9.74 vs last sale · ≈ $2,086/hd at 858 lb · 366 head
light 9-weight M&L 1 heifers $232.90/cwt +1.62 vs last sale · ≈ $2,169/hd at 931 lb · 237 head
HeadThis saleLast saleLast year
Total receipts 1,776 1,040 3,502
Feeder cattle 1,776 1,040 3,502

Compared to two weeks ago steers and heifers over 950 lbs sold steady to 3.00 higher. 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
424 unweaned 424 8 321.00 $321.00 $1,361
830 830 71 248.75 $248.75 $2,065
856 thin fleshed 856 13 256.50 $256.50 $2,196
860–878 869 51 244.50–247.00 $245.76 $2,136 -1.95
914 914 60 239.00 $239.00 $2,184 -3.77
951–972 963 544 238.00–245.85 $240.77 $2,319 +2.89
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
636 636 9 260.00 $260.00 $1,654
776 776 8 249.00 $249.00 $1,932 -5.83

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
396 unweaned 396 8 280.00 $280.00 $1,109 -16.00
712 712 10 255.50 $255.50 $1,819 +14.00
745 745 8 255.00 $255.00 $1,900 +13.50
777–783 779 22 244.00–246.00 $245.27 $1,911 +9.32
792 792 38 240.00 $240.00 $1,901 +4.05
807 807 9 230.00 $230.00 $1,856
831 831 33 245.00 $245.00 $2,036
805–843 832 74 236.00–240.50 $239.82 $1,995
855 855 65 243.00 $243.00 $2,078 +9.63
850–868 858 285 240.00–247.00 $243.75 $2,091 +10.38
872 872 16 230.50–233.50 $232.19 $2,025 -1.18
901 901 60 224.75 $224.75 $2,025 -6.53
902–947 931 42 226.00–230.00 $227.20 $2,115 -4.08
940–945 945 135 231.00–239.00 $238.29 $2,252 +7.01
963 963 56 230.50 $230.50 $2,220 +0.41
965–991 970 26 221.00–225.00 $224.21 $2,175 -5.88
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
637 637 5 257.00 $257.00 $1,637

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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.