Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, September 29, 2023

2,258 head sold ·Official USDA report

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

heavy 7-weight M&L 1 heifers $236.29/cwt -14.91 vs last sale · ≈ $1,850/hd at 783 lb · 346 head
heavy 8-weight M&L 1 steers $239.97/cwt -11.53 vs last sale · ≈ $2,141/hd at 892 lb · 265 head
heavy 6-weight M&L 1 steers $289.96/cwt +5.96 vs last sale · ≈ $1,942/hd at 670 lb · 229 head
HeadThis saleLast saleLast year
Total receipts 2,258 1,206 3,887
Feeder cattle 2,258 1,206 3,887

Compared to two weeks ago, not enough comparable offerings of feeders to establish a trend although a lower undertone was noted. Around 1000 head of spring calves also sold in the mix with the calves not having preconditioning shots selling at a discount. Demand ranged from moderate to very good throughout the auction.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
417–435 427 27 324.00–337.00 $331.69 $1,416 —
490 490 8 300.00 $300.00 $1,470 —
500–529 521 89 304.00–317.50 $312.88 $1,630 —
563 563 18 299.50 $299.50 $1,686 —
600–639 unweaned 617 115 260.00–291.00 $277.88 $1,715 —
650 650 12 270.00 $270.00 $1,755 -14.00
655–672 unweaned 671 217 281.00–292.00 $291.06 $1,953 —
719–748 724 48 264.00–268.00 $264.69 $1,916 -3.81
751 751 36 268.00 $268.00 $2,013 —
762 unweaned 762 79 262.50 $262.50 $2,000 —
877–898 892 265 236.00–241.00 $239.97 $2,141 -11.53
971 971 61 237.75 $237.75 $2,309 -1.35
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
349 349 5 297.00 $297.00 $1,037 —
391 391 6 298.00 $298.00 $1,165 —
638 638 5 260.00 $260.00 $1,659 —
662–678 665 29 258.00–260.00 $259.65 $1,727 —
715 715 17 257.00 $257.00 $1,838 —

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
381–386 383 18 280.00–310.00 $294.68 $1,129 —
427–435 430 42 281.00–291.00 $286.56 $1,232 —
462 462 10 290.00 $290.00 $1,340 —
501–516 512 37 262.00–282.00 $272.03 $1,393 —
565 fancy 565 47 310.00 $310.00 $1,752 —
583 583 35 261.50 $261.50 $1,525 —
643 fancy 643 118 287.00 $287.00 $1,845 —
663–699 687 55 248.50–250.00 $249.50 $1,714 -11.50
744 744 35 245.75 $245.75 $1,828 -11.25
774–798 783 346 234.75–241.00 $236.29 $1,850 -18.21
800–822 812 25 230.00 $230.00 $1,868 -6.00
937 937 14 227.00 $227.00 $2,127 -8.80
972–999 979 21 205.00–207.00 $205.66 $2,013 -20.84
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
360 360 28 258.00 $258.00 $929 —
411 411 9 240.00 $240.00 $986 —
468 468 8 244.00 $244.00 $1,142 —
538 538 8 241.00 $241.00 $1,297 —
565–595 581 86 241.00–253.50 $247.06 $1,435 -6.94
810 810 6 225.00 $225.00 $1,822 —
884 884 17 213.00 $213.00 $1,883 -14.28

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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.