Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, November 17, 2023

2,679 head sold ·Official USDA report

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

light 6-weight M&L 1 steers $254.60/cwt +1.87 vs last sale · ≈ $1,563/hd at 614 lb · 236 head
light 5-weight M&L 1 steers $292.15/cwt -5.07 vs last sale · ≈ $1,498/hd at 513 lb · 188 head
heavy 5-weight M&L 1 heifers $242.70/cwt -0.64 vs last sale · ≈ $1,377/hd at 567 lb · 150 head
HeadThis saleLast saleLast year
Total receipts 2,679 3,475 2,532
Feeder cattle 2,679 3,475 2,532

Compared to last week steer calves 450 to 600 lbs sold 5.00 lower and heifer calves under 500 lbs sold 5.00 higher with heifer calves 500-600 lbs selling steady to 2.00 lower. Around 35 percent of the run consisted of weaned calves and yearlings with the balance bawling calves. Near 35 percent of the bawling calves had not received any fall vaccinations the majority of which sold at a discount. 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
454–496 473 109 290.00–300.50 $296.01 $1,400 -9.16
485 485 5 281.00 $281.00 $1,363 -24.17
500–524 507 123 296.00–307.00 $298.55 $1,514 -9.83
502–536 524 65 278.00–286.00 $280.03 $1,467 -4.55
552–563 558 46 269.00–276.50 $273.40 $1,526 -3.99
600–642 unweaned 610 198 249.50–260.00 $255.20 $1,557
633 633 38 251.50 $251.50 $1,592 -3.68
672 672 7 255.00 $255.00 $1,714 +2.45
659–688 unweaned 673 122 246.00–255.00 $251.21 $1,691
701 701 20 235.00 $235.00 $1,647 -14.85
729–739 unweaned 737 43 246.00–246.75 $246.17 $1,814
750 unweaned 750 13 239.50 $239.50 $1,796
768 768 39 238.00 $238.00 $1,828
864 864 63 240.00 $240.00 $2,074
928 928 69 234.50 $234.50 $2,176
1000 1000 65 211.50 $211.50 $2,115
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
373 373 8 307.00 $307.00 $1,145
426 thin fleshed 426 63 297.00 $297.00 $1,265
514–519 517 27 261.00–266.50 $264.48 $1,367 +7.74
684 unweaned 684 30 224.00 $224.00 $1,532
861–876 866 36 215.00–220.00 $218.32 $1,891
900–935 914 70 219.00–221.00 $219.82 $2,009
983 983 9 200.00 $200.00 $1,966

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
372–375 373 19 278.00–285.00 $282.78 $1,055 +4.78
400–445 423 21 270.00–273.00 $271.82 $1,150 +20.68
450–467 461 36 251.00–260.00 $255.63 $1,178 +7.02
456–461 461 113 269.50–272.00 $269.74 $1,244 +21.13
500–547 518 93 247.00–257.00 $251.51 $1,303 -1.56
509–526 518 52 240.00–244.00 $241.43 $1,251 -11.64
550–555 551 94 244.00–249.50 $247.39 $1,363 -2.02
594–595 595 56 233.50–236.00 $234.84 $1,397 -0.48
601–648 unweaned 623 125 233.50–247.00 $240.09 $1,496
624 624 23 237.50 $237.50 $1,482 +13.00
659 unweaned 659 37 225.00 $225.00 $1,483
715 715 26 232.00 $232.00 $1,659 +12.00
718–727 723 71 219.50 $219.50 $1,587 -0.50
750 750 9 206.00 $206.00 $1,545
751–775 758 75 211.00–218.00 $213.77 $1,620
767 unweaned 767 9 206.00 $206.00 $1,580
800 800 46 217.25 $217.25 $1,738
877–883 882 77 205.00–210.00 $209.48 $1,848
966–982 975 38 193.00–195.00 $194.17 $1,893
1058 1058 7 186.00 $186.00 $1,968
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
367–370 367 49 251.00–257.50 $251.67 $924
434 434 6 247.50 $247.50 $1,074
568 568 5 211.00 $211.00 $1,198
580 580 15 221.00 $221.00 $1,282
605–646 unweaned 627 15 215.00–219.00 $217.20 $1,362
674 unweaned 674 20 212.50 $212.50 $1,432

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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.