Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, November 10, 2023

3,475 head sold ·Official USDA report

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

heavy 5-weight M&L 1 steers $268.90/cwt -24.00 vs last sale · ≈ $1,527/hd at 568 lb · 565 head
heavy 5-weight M&L 1 heifers $243.34/cwt -10.06 vs last sale · ≈ $1,383/hd at 568 lb · 404 head
light 6-weight M&L 1 steers $252.74/cwt -28.16 vs last sale · ≈ $1,581/hd at 626 lb · 356 head

Receipts

HeadThis saleLast saleLast year
Total receipts 3,475 2,832 1,521
Feeder cattle 3,475 2,832 1,521

Market comments — USDA reporter

Compared to last week steer calves 450-550 lbs sold steady to 5.00 higher with steer calves over 550 lbs selling 2.00 to 10.00 lower and heifer calves 450-650 lbs sold 8.00 to 10.00 lower. Demand was moderate to good from the buyers in the crowd.

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
339 339 6 349.00 $349.00 $1,183 +7.00
415–449 426 64 298.00–312.00 $304.66 $1,298 -22.34
441 441 17 294.00 $294.00 $1,297 -33.00
452–499 472 109 304.50–306.00 $305.17 $1,440 +18.29
472 472 16 293.00 $293.00 $1,383 +6.12
500–504 501 60 298.00–311.00 $308.38 $1,545 +4.44
500–534 518 53 280.00–291.00 $284.58 $1,474 -19.36
550–570 558 290 269.00–279.00 $277.39 $1,548 -2.21
556–596 578 275 256.00–266.00 $259.95 $1,503 -19.65
613–632 624 58 240.00–240.50 $240.19 $1,499 -35.53
608–643 626 298 247.50–259.50 $255.18 $1,597 -20.54
654–689 672 257 249.75–255.50 $252.55 $1,697 -10.58
706–726 712 154 249.00–250.25 $249.85 $1,779 -8.15
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
328 328 10 290.00 $290.00 $951 -10.00
447 447 7 284.00 $284.00 $1,269 -10.00
452–469 465 90 271.00–276.00 $273.97 $1,274 —
516–524 522 57 256.00–257.00 $256.74 $1,340 -21.26
593 593 13 240.00 $240.00 $1,423 -21.81
662 662 7 229.00 $229.00 $1,516 —
719–720 719 23 222.00–227.00 $224.39 $1,613 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
328 328 6 281.00 $281.00 $922 —
385 385 7 278.00 $278.00 $1,070 —
414–445 429 96 247.50–256.00 $251.14 $1,077 -35.78
458–468 462 51 245.50–250.50 $248.61 $1,149 -28.53
450–491 479 116 261.00–276.00 $264.92 $1,269 -12.22
500–547 518 234 246.00–258.50 $253.07 $1,311 -12.93
519–533 523 32 235.00–240.00 $236.99 $1,239 -29.01
550–577 557 230 242.00–255.25 $249.41 $1,389 -8.62
550–595 583 174 230.00–239.00 $235.32 $1,372 -12.68
600–619 607 177 230.00–240.00 $235.98 $1,432 -5.02
638 638 11 224.50 $224.50 $1,432 -16.50
650–670 663 112 220.00–229.00 $226.30 $1,500 -14.58
716 716 8 220.00 $220.00 $1,575 —

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Reading this report

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.