Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, January 12, 2024

3,167 head sold ·Official USDA report

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

light 7-weight M&L 1 heifers $222.45/cwt -4.63 vs last sale · ≈ $1,613/hd at 725 lb · 442 head
heavy 6-weight M&L 1 steers $250.80/cwt -7.62 vs last sale · ≈ $1,693/hd at 675 lb · 434 head
light 8-weight M&L 1 steers $231.13/cwt +0.24 vs last sale · ≈ $1,893/hd at 819 lb · 413 head
HeadThis saleLast saleLast year
Total receipts 3,167 3,116 4,679
Feeder cattle 3,167 3,116 4,679

Compared to last week steers and heifers over 500 lbs sold steady to 5.00 lower. Demand was moderate to good from the buyers in the seats 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
444 unweaned 444 17 314.00 $314.00 $1,394
473–478 476 44 306.00–326.00 $315.38 $1,501 -12.12
527–547 534 95 296.00–311.00 $304.04 $1,624 -3.31
561–597 584 252 280.00–299.00 $288.48 $1,685 -8.85
603–623 612 62 270.00–275.00 $272.47 $1,668 -3.96
660–686 675 434 246.50–253.00 $250.80 $1,693 -7.62
715–738 722 109 242.00–247.25 $243.72 $1,760 -10.97
750–779 769 247 230.00–246.00 $239.34 $1,841 -0.75
815 fancy 815 121 244.00 $244.00 $1,989
802–844 821 292 223.25–228.00 $225.79 $1,854 -5.10
857 857 104 234.50 $234.50 $2,010 -0.85

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
432 unweaned 432 18 253.00 $253.00 $1,093
467 unweaned 467 11 259.00 $259.00 $1,210
490 490 11 289.00 $289.00 $1,416 +6.52
500–512 509 71 264.00–276.00 $270.12 $1,375 +0.93
514–539 unweaned 528 68 247.00–259.00 $252.15 $1,331
561 unweaned 561 33 249.00 $249.00 $1,397
569 thin fleshed 569 6 278.00 $278.00 $1,582 +7.98
573–595 588 91 249.00–250.00 $249.43 $1,467 -1.88
603–645 614 306 236.00–245.25 $240.17 $1,475 +3.17
677–682 680 72 225.00–232.00 $230.44 $1,567 -1.78
700–741 725 442 214.00–226.50 $222.45 $1,613 -4.63
788 788 55 212.00 $212.00 $1,671 -2.71
810 810 65 211.50 $211.50 $1,713
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
369 unweaned 369 12 245.00 $245.00 $904
436 unweaned 436 16 240.00 $240.00 $1,046 -9.00
450 450 5 250.00 $250.00 $1,125
532 unweaned 532 15 230.00 $230.00 $1,224

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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.