Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, March 8, 2024

1,534 head sold ·Official USDA report

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

light 8-weight M&L 1 steers $252.63/cwt +4.85 vs last sale · ≈ $2,097/hd at 830 lb · 177 head
light 7-weight M&L 1 heifers $247.25/cwt +5.00 vs last sale · ≈ $1,794/hd at 726 lb · 163 head
light 8-weight M&L 1 heifers $232.22/cwt +7.47 vs last sale · ≈ $1,872/hd at 806 lb · 156 head

Receipts

HeadThis saleLast saleLast year
Total receipts 1,534 2,696 2,108
Feeder cattle 1,534 2,696 2,108

Market comments — USDA reporter

Compared to last weeks comparable offerings steers sold 3.00 to 5.00 higher and heifers sold steady to 8.00 higher. Demand was good from the buyers in the crowd and on the internet. The consignments sheet was shorter than expected due to a winter storm that moved through the trade area last night.

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
280 280 21 410.00 $410.00 $1,148 —
364–374 371 27 390.00–404.00 $400.44 $1,486 +38.44
409 thin fleshed 409 13 397.50 $397.50 $1,626 —
450 450 5 355.00 $355.00 $1,598 +7.00
473 473 9 347.00 $347.00 $1,641 -1.00
487 thin fleshed 487 32 369.50 $369.50 $1,799 —
552–594 558 35 296.00–310.50 $308.29 $1,720 -14.03
564–579 573 27 326.00–329.00 $327.09 $1,874 +4.77
604–621 thin fleshed 610 37 321.50–323.50 $322.22 $1,966 —
640 640 25 288.50 $288.50 $1,846 +11.50
666 666 13 297.00 $297.00 $1,978 +3.74
717 717 43 281.00 $281.00 $2,015 —
751–790 772 142 256.50–268.00 $261.38 $2,018 +6.63
821–835 830 177 248.00–254.00 $252.63 $2,097 +4.85
920 920 34 237.50 $237.50 $2,185 +2.50
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
410 thin fleshed 410 10 330.00 $330.00 $1,353 —
494 thin fleshed 494 11 326.00 $326.00 $1,610 —
520–531 thin fleshed 526 10 311.00–318.00 $314.54 $1,654 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
252 252 28 376.00 $376.00 $948 —
360–371 365 40 341.00–345.00 $343.27 $1,253 +15.27
378 fancy 378 14 375.00 $375.00 $1,418 —
417 417 30 313.00 $313.00 $1,305 -4.20
473 473 10 310.00 $310.00 $1,466 -1.11
475 thin fleshed 475 27 321.00 $321.00 $1,525 —
527 527 43 292.00 $292.00 $1,539 -8.49
550–578 560 57 284.00–286.50 $284.97 $1,596 +8.76
635 635 11 261.50 $261.50 $1,661 +8.49
685–699 692 50 246.50–253.00 $249.29 $1,725 -3.86
700–743 719 99 240.00–247.50 $245.81 $1,767 +2.48
731–741 736 64 245.00–253.50 $249.49 $1,836 +6.16
769 769 10 240.00 $240.00 $1,846 +4.02
779 779 20 231.50 $231.50 $1,803 -4.48
801–812 806 156 231.50–232.85 $232.22 $1,872 +7.47
874 874 28 226.00 $226.00 $1,975 +11.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
531 531 6 261.00 $261.00 $1,386 —

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Feeder Bulls

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
410–437 thin fleshed 419 15 330.00 $330.00 $1,383 —

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Reading this report

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.