Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, March 22, 2024

2,177 head sold ·Official USDA report

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

heavy 7-weight M&L 1 steers $267.02/cwt -4.90 vs last sale · ≈ $2,052/hd at 769 lb · 360 head
heavy 8-weight M&L 1 steers $248.66/cwt +11.66 vs last sale · ≈ $2,171/hd at 873 lb · 339 head
light 7-weight M&L 1 heifers $252.10/cwt +2.10 vs last sale · ≈ $1,793/hd at 711 lb · 244 head
HeadThis saleLast saleLast year
Total receipts 2,177 2,072 1,555
Feeder cattle 2,177 2,072 1,555

Compared to last week steers over 600 lbs sold steady to 2.00 lower and heifers over 500 lbs sold 4.00 to 8.00 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
380 380 8 390.00 $390.00 $1,482
432 432 5 372.00 $372.00 $1,607 +14.50
450 450 11 359.00 $359.00 $1,616
511 511 18 319.50 $319.50 $1,633 -21.07
536 unweaned 536 25 309.00 $309.00 $1,656
623 thin fleshed 623 25 318.00 $318.00 $1,981
607–643 638 60 299.00–308.00 $300.29 $1,916 -1.65
650–675 659 45 288.50–296.00 $293.10 $1,932 +3.10
701–732 729 83 266.00–271.50 $270.99 $1,976 -0.21
733 thin fleshed 733 73 285.00 $285.00 $2,089
757 757 12 250.50 $250.50 $1,896 -21.42
755–780 769 348 257.00–269.00 $267.59 $2,058 -4.33
832–844 834 80 250.00–258.25 $257.10 $2,144 -1.46
861–895 873 339 241.00–250.50 $248.66 $2,171 +11.66
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
540 540 13 300.00 $300.00 $1,620
585 thin fleshed 585 9 300.00 $300.00 $1,755
724 724 14 248.00 $248.00 $1,796
850–863 858 20 230.00–231.00 $230.60 $1,979
989 989 9 214.00 $214.00 $2,116

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
343 thin fleshed 343 5 370.00 $370.00 $1,269
424–441 431 18 312.00–315.00 $313.19 $1,350 -14.31
460 unweaned 460 6 309.00 $309.00 $1,421
494 494 12 295.00 $295.00 $1,457 -13.41
505–511 508 50 297.00–299.00 $297.85 $1,513 +15.85
517–541 529 31 282.00–286.00 $284.02 $1,502 -9.61
555–585 571 41 271.00–277.00 $273.70 $1,563 -6.30
607 607 36 282.50 $282.50 $1,715 -1.75
620 620 11 261.00 $261.00 $1,618 -7.00
678 678 48 269.50 $269.50 $1,827 +18.53
706–712 708 213 251.25–256.25 $254.53 $1,802 +4.53
703–742 733 31 234.00–240.50 $235.41 $1,726 -14.59
771 771 9 241.00 $241.00 $1,858 +5.61
752–795 792 75 233.50–234.00 $233.53 $1,850 -1.86
800–841 805 192 232.50–237.00 $234.50 $1,888 +2.00
840 840 14 220.00 $220.00 $1,848 -12.50
877 877 18 210.00 $210.00 $1,842 -11.25
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
627 627 7 251.00 $251.00 $1,574

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
833 833 7 220.00 $220.00 $1,833
1068 1068 5 184.00 $184.00 $1,965

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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.