Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, March 15, 2024

2,072 head sold ·Official USDA report

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

light 8-weight M&L 1 steers $258.56/cwt +5.93 vs last sale · ≈ $2,141/hd at 828 lb · 332 head
heavy 7-weight M&L 1 steers $271.92/cwt +10.54 vs last sale · ≈ $2,102/hd at 773 lb · 231 head
light 5-weight M&L 1 heifers $296.90/cwt +4.90 vs last sale · ≈ $1,543/hd at 520 lb · 151 head
HeadThis saleLast saleLast year
Total receipts 2,072 1,534 1,555
Feeder cattle 2,072 1,534 1,555

Compared to last week steers over 750 lbs sold steady to 6.00 higher. Heifers under 600 lbs sold 4.00 lower and heifers over 600 lbs sold steady to 3.00 higher. Demand was 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
434 434 13 357.50 $357.50 $1,552
516–530 520 67 336.00–347.50 $340.57 $1,771
573 573 5 319.00 $319.00 $1,828 -8.09
590 590 28 306.00 $306.00 $1,805 -21.09
633 633 5 292.00 $292.00 $1,848 +3.50
616–645 638 133 299.50–310.00 $301.94 $1,926 +13.44
686 686 21 290.00 $290.00 $1,989 -7.00
687 687 70 274.00 $274.00 $1,882 -23.00
700–716 708 70 270.00–273.50 $271.20 $1,920 -9.80
753–782 773 231 267.00–273.50 $271.92 $2,102 +10.54
801–836 828 332 253.00–261.00 $258.56 $2,141 +5.93
878 878 5 237.00 $237.00 $2,081
907–924 918 109 236.00–239.00 $238.02 $2,185 +0.52
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
486 thin fleshed 486 5 325.00 $325.00 $1,580 -1.00
537 thin fleshed 537 9 315.00 $315.00 $1,692 +0.46
579 579 14 289.00 $289.00 $1,673

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
328 unweaned 328 5 330.00 $330.00 $1,082
367 thin fleshed 367 7 345.00 $345.00 $1,266
382 382 12 320.00 $320.00 $1,222 -23.27
425 425 6 327.50 $327.50 $1,392 +14.50
451–488 thin fleshed 472 28 315.00–320.00 $317.00 $1,496 -4.00
462–488 483 65 304.00–310.00 $308.41 $1,490 -1.59
502–527 thin fleshed 516 52 303.00–308.00 $305.14 $1,575
518 518 9 282.00 $282.00 $1,461 -10.00
519–544 522 90 285.00–295.00 $293.63 $1,533 +1.63
551 551 11 280.00 $280.00 $1,543 -4.97
595 595 54 268.50 $268.50 $1,598 -16.47
618 618 68 284.25 $284.25 $1,757 +22.75
619 619 31 268.00 $268.00 $1,659 +6.50
669–679 675 66 249.75–253.00 $250.97 $1,694 +1.68
702 702 54 250.00 $250.00 $1,755 +4.19
753–794 760 70 230.00–237.50 $235.39 $1,789 -4.61
831 831 24 232.50 $232.50 $1,932 +0.28
854 854 101 221.25 $221.25 $1,889 -4.75
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
473 thin fleshed 473 7 292.50 $292.50 $1,384
596 596 5 258.00 $258.00 $1,538

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
375 unweaned 375 6 430.00 $430.00 $1,612
384 384 5 375.00 $375.00 $1,440
453 thin fleshed 453 6 325.00 $325.00 $1,472
775 775 8 237.00 $237.00 $1,837

↑ Back to top

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.