Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, February 2, 2024

2,472 head sold ·Official USDA report

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

heavy 7-weight M&L 1 steers $241.40/cwt -2.80 vs last sale · ≈ $1,890/hd at 783 lb · 416 head
heavy 6-weight M&L 1 heifers $250.22/cwt +9.37 vs last sale · ≈ $1,658/hd at 663 lb · 354 head
heavy 8-weight M&L 1 steers $229.53/cwt +0.93 vs last sale · ≈ $2,009/hd at 875 lb · 335 head
HeadThis saleLast saleLast year
Total receipts 2,472 4,288 3,044
Feeder cattle 2,472 4,288 3,044

Compared to last week steers over 700 lbs sold steady to 6.00 higher and heifers over 600 lbs sold steady to 3.00 lower. Demand was moderate to 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
492 492 22 315.00 $315.00 $1,550 -8.44
516 516 9 314.50 $314.50 $1,623 -5.43
519 519 6 305.00 $305.00 $1,583 +8.78
575 575 9 290.00 $290.00 $1,668 -25.00
612 612 12 298.00 $298.00 $1,824 +23.21
642 642 22 273.00 $273.00 $1,753 -1.79
665 665 8 263.00 $263.00 $1,749 -1.53
700–714 703 110 252.50–259.00 $255.79 $1,798 +1.29
715 thin fleshed 715 12 267.00 $267.00 $1,909 +4.20
701–741 724 64 241.00–246.50 $243.33 $1,762 -11.17
762–790 783 353 238.50–245.00 $242.81 $1,901 -0.50
783 783 63 233.50 $233.50 $1,828 -9.81
814 814 143 246.00 $246.00 $2,002 +13.11
864–879 874 200 232.00–234.00 $233.40 $2,040 +4.80
861–896 877 135 220.75–225.25 $223.80 $1,963 -4.80
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
389 thin fleshed 389 5 330.00 $330.00 $1,284
415 415 6 294.00 $294.00 $1,220 +4.00
538 538 8 293.00 $293.00 $1,576
550 550 5 275.00 $275.00 $1,512

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
485 485 7 285.00 $285.00 $1,382 -8.34
501–532 519 39 285.00–292.00 $289.53 $1,503 +10.99
558–591 573 41 260.00–267.00 $263.31 $1,509 -4.53
611 611 5 236.00 $236.00 $1,442 -19.66
602–647 624 150 250.00–257.00 $254.75 $1,590 -0.91
651–659 thin fleshed 656 281 253.00–254.50 $253.44 $1,663 -1.56
663–693 688 73 237.00–241.50 $237.82 $1,636 -2.63
704–741 728 186 225.00–230.50 $228.92 $1,667 -2.11
703–747 738 84 232.60–237.00 $233.55 $1,724 +2.52
752–795 774 130 221.00–226.25 $224.76 $1,740 -4.35
829 829 140 217.00 $217.00 $1,799

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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.