Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, January 19, 2024

3,316 head sold ·Official USDA report

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

heavy 6-weight M&L 1 steers $262.53/cwt +11.73 vs last sale · ≈ $1,780/hd at 678 lb · 471 head
heavy 7-weight M&L 1 steers $244.22/cwt +4.88 vs last sale · ≈ $1,857/hd at 760 lb · 388 head
heavy 6-weight M&L 1 heifers $242.64/cwt +12.20 vs last sale · ≈ $1,603/hd at 660 lb · 349 head
HeadThis saleLast saleLast year
Total receipts 3,316 3,167 4,679
Feeder cattle 3,316 3,167 4,679

Compared to last week steers 550-850 lbs sold 3.00 to 10.00 higher and heifers over 500 lbs sold steady to 10.00 higher. Demand was 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
372 unweaned 372 7 320.00 $320.00 $1,190
418–421 419 17 319.00–322.00 $320.24 $1,342
434 unweaned 434 8 337.00 $337.00 $1,463 +23.00
457–475 468 20 327.50–336.00 $330.53 $1,547 +15.15
517 517 8 295.00 $295.00 $1,525 -9.04
505–528 519 66 314.00–319.00 $316.54 $1,643 +12.50
558–570 565 14 272.00–277.00 $274.88 $1,553 -13.60
550–586 566 65 291.00–306.00 $298.65 $1,690 +10.17
568 thin fleshed 568 86 312.00 $312.00 $1,772
620 620 41 285.00 $285.00 $1,767 +12.53
622–646 637 25 271.00–275.00 $272.41 $1,735 -0.06
654–696 678 471 257.00–269.00 $262.53 $1,780 +11.73
705 thin fleshed 705 74 261.50 $261.50 $1,844
704–746 725 168 243.00–254.00 $248.82 $1,804 +5.10
758 thin fleshed 758 97 250.50 $250.50 $1,899
753–780 761 291 239.25–245.00 $242.13 $1,843 +2.79
810–830 824 186 238.00 $238.00 $1,961 +12.21
868–884 872 114 225.00–233.25 $227.13 $1,981 -7.37
1001 1001 6 198.00 $198.00 $1,982
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
444 444 20 307.00 $307.00 $1,363
513 513 6 283.00 $283.00 $1,452
594 594 5 266.00 $266.00 $1,580
627–628 627 32 258.00–261.00 $259.41 $1,627
681 681 5 233.00 $233.00 $1,587
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
622 622 6 249.50 $249.50 $1,552
738 738 15 229.75 $229.75 $1,696
801 801 25 221.00 $221.00 $1,770

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
355 fancy 355 11 331.00 $331.00 $1,175
405–418 411 24 269.00–276.00 $273.43 $1,124
450–480 463 41 267.00–283.00 $278.32 $1,289 -10.68
513–537 528 100 278.00 $278.00 $1,468 +7.88
554 unweaned 554 26 250.00 $250.00 $1,385 +1.00
558–568 560 100 264.00–268.00 $267.10 $1,496 +17.67
578–593 583 59 251.50–252.00 $251.66 $1,467 +2.23
602–609 thin fleshed 606 20 255.00–256.00 $255.45 $1,548
600–645 635 181 234.50–246.00 $244.17 $1,550 +4.00
650–670 660 338 237.50–248.50 $243.03 $1,604 +12.59
675 unweaned 675 11 230.50 $230.50 $1,556
710–732 718 173 222.50–228.50 $227.26 $1,632 +4.81
787–789 787 165 215.50–223.00 $222.18 $1,749 +10.18
814 814 37 212.00 $212.00 $1,726 +0.50
895 895 18 198.00 $198.00 $1,772
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
450–491 469 11 250.00–258.00 $253.81 $1,190 +3.81
556 556 5 231.00 $231.00 $1,284

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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.