Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, October 20, 2023

1,988 head sold ·Official USDA report

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

heavy 5-weight M&L 1 steers $293.42/cwt +2.38 vs last sale · ≈ $1,690/hd at 576 lb · 268 head
heavy 4-weight M&L 1 steers $322.17/cwt -11.53 vs last sale · ≈ $1,543/hd at 479 lb · 148 head
light 5-weight M&L 1 heifers $260.24/cwt -13.15 vs last sale · ≈ $1,369/hd at 526 lb · 138 head
HeadThis saleLast saleLast year
Total receipts 1,988 1,584 2,278
Feeder cattle 1,988 1,584 2,278

Compared to last week steer calves sold 4.00 to 8.00 lower and heifer calves under 600 lbs sold steady to 8.00 lower. 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
387 387 19 358.00 $358.00 $1,385 -4.13
422 422 10 341.00 $341.00 $1,439 -14.25
452–499 479 148 318.00–334.00 $322.17 $1,543 -14.60
500–538 511 93 300.00–320.00 $314.28 $1,606 -6.11
551–591 576 268 282.00–301.00 $293.42 $1,690 -4.35
606 fancy 606 33 295.00 $295.00 $1,788
601–638 610 68 265.00–278.00 $273.40 $1,668 -8.38
650–678 666 135 259.00–268.50 $263.08 $1,752 -0.92
708 708 47 256.75 $256.75 $1,818
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
354 thin fleshed 354 5 322.50 $322.50 $1,142
351–393 387 50 300.00–313.00 $303.50 $1,175
418 418 6 302.00 $302.00 $1,262
467 thin fleshed 467 10 303.00 $303.00 $1,415
459–493 476 10 290.00–293.00 $291.55 $1,388
520 thin fleshed 520 14 293.00 $293.00 $1,524
574–592 582 21 275.00–279.00 $276.37 $1,608
641 641 6 250.00 $250.00 $1,602
695 695 13 243.50 $243.50 $1,692
703 unweaned 703 5 239.00 $239.00 $1,680
832 832 9 233.00 $233.00 $1,939

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
384 384 13 313.00 $313.00 $1,202 -8.44
412–447 440 83 287.00–294.00 $292.19 $1,286 -11.39
458–495 474 93 268.00–281.00 $274.47 $1,301 -5.03
503–547 526 138 256.50–268.00 $260.24 $1,369 -14.46
555–562 559 84 250.50–263.50 $258.24 $1,444 -1.39
611–629 615 123 250.75–260.00 $255.04 $1,568 +4.54
655–673 671 64 245.00–255.00 $253.78 $1,703 +6.28
984 984 6 216.00 $216.00 $2,125
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
420 420 9 281.00 $281.00 $1,180 -4.00
512–527 518 35 250.00–252.50 $251.69 $1,304
579–593 590 27 241.50–247.00 $242.70 $1,432

↑ Back to top

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.