Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, January 5, 2024

3,116 head sold ·Official USDA report

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

heavy 8-weight M&L 1 steers $235.35/cwt +23.85 vs last sale · ≈ $2,038/hd at 866 lb · 688 head
heavy 7-weight M&L 1 steers $240.09/cwt +12.08 vs last sale · ≈ $1,849/hd at 770 lb · 402 head
light 8-weight M&L 1 steers $230.89/cwt +7.98 vs last sale · ≈ $1,919/hd at 831 lb · 369 head
HeadThis saleLast saleLast year
Total receipts 3,116 1,658 4,479
Feeder cattle 3,116 1,658 4,479

Compared to two weeks ago, steers sold 3.00 to 10.00 higher and heifers sold steady to 7.00 higher. Demand was 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
469 469 17 327.50 $327.50 $1,536 +14.00
490 unweaned 490 5 308.00 $308.00 $1,509
493 493 14 314.00 $314.00 $1,548 +0.50
528–538 534 39 307.00–308.00 $307.35 $1,641
574 574 20 276.00 $276.00 $1,584 -7.00
585 585 15 292.00–302.00 $297.33 $1,739 +14.33
602–635 620 199 268.00–285.00 $276.43 $1,714 +11.43
630–637 634 49 259.00–260.75 $259.85 $1,647 -5.15
650–680 662 171 252.00–261.00 $258.42 $1,711 +17.20
705–744 717 225 250.50–256.00 $254.69 $1,826 +34.69
743 743 33 235.00 $235.00 $1,746 +15.00
751–779 770 402 234.00–247.00 $240.09 $1,849 +11.59
826–838 831 369 228.25–233.75 $230.89 $1,919 +15.89
862–870 866 688 229.85–237.25 $235.35 $2,038 +23.85
924 924 77 210.00 $210.00 $1,940 -17.66
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455 455 7 268.00 $268.00 $1,219 -4.00

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
410 410 5 281.00 $281.00 $1,152
464–476 472 24 281.00–285.00 $282.48 $1,333
500–547 533 59 267.00–270.00 $269.19 $1,435 +3.08
541 541 10 258.00 $258.00 $1,396 -8.11
565–579 thin fleshed 576 53 269.00–274.00 $270.02 $1,555
587–589 588 32 250.00–253.50 $251.31 $1,478 -0.45
620 620 16 237.00 $237.00 $1,469 -12.00
650–677 663 139 243.50–246.50 $244.96 $1,624 +27.16
663–683 670 75 227.00–235.00 $232.22 $1,556 +14.42
713–731 726 72 223.00–228.50 $227.08 $1,649 +15.08
792–798 794 172 213.50–217.00 $214.71 $1,705 +13.21
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
404 unweaned 404 6 249.00 $249.00 $1,006
417 417 5 268.00 $268.00 $1,118
592 unweaned 592 7 230.00 $230.00 $1,362

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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.