Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, October 6, 2023

1,123 head sold ·Official USDA report

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

heavy 5-weight M&L 1 steers $296.73/cwt -2.77 vs last sale · ≈ $1,685/hd at 568 lb · 137 head
light 5-weight M&L 1 heifers $279.17/cwt +7.14 vs last sale · ≈ $1,410/hd at 505 lb · 96 head
heavy 6-weight M&L 1 steers $268.00/cwt -21.96 vs last sale · ≈ $1,782/hd at 665 lb · 86 head
HeadThis saleLast saleLast year
Total receipts 1,123 2,258 1,594
Feeder cattle 1,123 2,258 1,594

Compared to last week steer calves under 600 lbs sold 7.00-10.00 higher and heifer calves under 600 lbs sold 2.00-8.00 higher. Nice run of spring calves on offer with most all consignments having received preconditioning shots. Demand was good to very good from the buyers in the crowd with internet activity noticed.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
355 fancy 355 15 376.00 $376.00 $1,335
366 366 14 355.00 $355.00 $1,299
414–448 443 71 345.00–354.00 $352.70 $1,562 +21.01
451–486 474 73 320.00–334.00 $330.47 $1,566 +30.47
507–526 521 58 306.00–326.00 $320.25 $1,669 +7.37
558–585 568 137 288.50–307.00 $296.73 $1,685 -2.77
665 unweaned 665 86 268.00 $268.00 $1,782 -23.06
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
463–466 465 29 303.50–304.00 $303.62 $1,412
500–545 523 12 279.00–284.00 $281.39 $1,472
616–638 unweaned 627 10 250.00–251.00 $250.49 $1,571
745 unweaned 745 24 241.00 $241.00 $1,795
881 881 25 235.00 $235.00 $2,070

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
336 fancy 336 18 336.00 $336.00 $1,129
379 thin fleshed 379 5 326.00 $326.00 $1,236
372–386 384 35 315.00–317.00 $315.33 $1,211 +20.65
424 424 47 289.00 $289.00 $1,225 +2.44
479 479 69 292.00 $292.00 $1,399 +2.00
500–513 505 96 269.00–282.75 $279.17 $1,410 +7.14
600 unweaned 600 53 245.75 $245.75 $1,474
685 unweaned 685 7 245.00 $245.00 $1,678
859–875 866 18 234.00–237.00 $235.35 $2,038
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
345 345 7 287.00 $287.00 $990
408 408 5 281.00 $281.00 $1,146 +41.00
471–486 474 40 271.00–281.00 $273.05 $1,294 +29.05
584 584 12 240.00 $240.00 $1,402 -7.06
975 975 7 209.50 $209.50 $2,043

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
356 356 8 300.00 $300.00 $1,068
465 465 13 278.00 $278.00 $1,293

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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.