Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, March 1, 2024

2,696 head sold ·Official USDA report

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

heavy 8-weight M&L 1 steers $248.47/cwt +8.28 vs last sale · ≈ $2,169/hd at 873 lb · 465 head
heavy 7-weight M&L 1 heifers $235.74/cwt +0.44 vs last sale · ≈ $1,856/hd at 787 lb · 276 head
heavy 6-weight M&L 1 steers $288.49/cwt +0.84 vs last sale · ≈ $1,931/hd at 669 lb · 243 head
HeadThis saleLast saleLast year
Total receipts 2,696 2,690 1,743
Feeder cattle 2,696 2,690 1,743

Compared to last weeks comparable offerings steers sold steady to 4.00 higher and heifers sold 5.00 to 6.00 higher. Demand was good from the buyers in the crowd and on the internet.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
363 363 8 362.00 $362.00 $1,314
396 thin fleshed 396 10 383.00 $383.00 $1,517
450 450 26 348.00 $348.00 $1,566 +1.88
500 500 19 322.00 $322.00 $1,610
510–525 519 92 328.00–337.00 $332.78 $1,727 +1.12
574–588 581 194 319.50–326.50 $322.32 $1,873 +5.16
617–633 625 52 295.25–299.50 $297.43 $1,859 -12.42
626 626 19 277.00 $277.00 $1,734 -32.85
661–674 667 199 290.00–296.00 $293.26 $1,956 +5.61
679–682 680 44 266.50–267.00 $266.91 $1,815 -20.74
775 775 31 254.75 $254.75 $1,974
800–839 821 57 246.00–250.00 $247.78 $2,034 -3.38
852–874 872 299 241.00–248.25 $247.35 $2,157 +7.16
873 thin fleshed 873 145 253.75 $253.75 $2,215
874–890 882 21 223.50–232.00 $227.91 $2,010 -12.28
915 thin fleshed 915 166 245.50 $245.50 $2,246
941 941 34 235.00 $235.00 $2,211
960 960 15 216.00 $216.00 $2,074
969 969 44 229.00 $229.00 $2,219
1056 1056 24 204.00 $204.00 $2,154
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
510 510 8 300.00 $300.00 $1,530
587 587 14 284.00 $284.00 $1,667 -6.00

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
333 333 5 346.00 $346.00 $1,152
395 395 10 328.00 $328.00 $1,296
405–445 433 50 316.00–320.00 $317.20 $1,373 +5.20
459–492 486 63 302.50–313.00 $311.11 $1,512 +12.69
507–531 518 85 297.50–304.00 $300.49 $1,557 +5.89
550–554 thin fleshed 552 41 294.50–298.50 $296.07 $1,634
579–587 582 45 276.00–276.50 $276.21 $1,608 -7.11
592 592 27 267.00 $267.00 $1,581 -16.32
600–630 614 29 252.00–254.00 $253.01 $1,553 -11.40
681–682 681 27 239.00–240.00 $239.26 $1,629 -6.06
678–694 682 154 245.00–256.50 $253.15 $1,726 +7.83
705 705 12 235.00 $235.00 $1,657 -1.95
705–720 716 81 240.50–244.50 $243.33 $1,742 +6.38
780–798 787 267 231.75–239.00 $235.98 $1,857 +0.68
794 794 9 228.50 $228.50 $1,814 -6.80
824 824 13 224.75 $224.75 $1,852 -2.75
852 852 24 210.00 $210.00 $1,789 +0.50
863 863 28 221.00 $221.00 $1,907 +11.50
874 874 15 215.00 $215.00 $1,879 +5.50
908 thin fleshed 908 15 220.00 $220.00 $1,998
918 918 12 206.00 $206.00 $1,891
1007 1007 22 193.00 $193.00 $1,944

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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.