Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, May 3, 2024

1,782 head sold ·Official USDA report

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

light 7-weight M&L 1 heifers $263.73/cwt +23.47 vs last sale · ≈ $1,894/hd at 718 lb · 256 head
heavy 7-weight M&L 1 heifers $238.16/cwt +7.24 vs last sale · ≈ $1,872/hd at 786 lb · 173 head
light 8-weight M&L 1 steers $262.75/cwt +13.04 vs last sale · ≈ $2,131/hd at 811 lb · 134 head

Receipts

HeadThis saleLast saleLast year
Total receipts 1,782 2,101 1,618
Feeder cattle 1,782 2,101 1,618

Market comments — USDA reporter

First reported sale in a month a trend is not applicable. Demand was moderate to good from the buyers in the crowd with internet activity noticed.

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
345 345 6 390.00 $390.00 $1,346 —
427–446 441 21 353.00 $353.00 $1,557 -19.62
467 fancy 467 12 370.00 $370.00 $1,728 —
510 thin fleshed 510 10 351.00 $351.00 $1,790 —
555 thin fleshed 555 18 339.00 $339.00 $1,881 —
550–583 570 69 320.50–329.50 $323.69 $1,845 +7.72
601 601 14 314.00 $314.00 $1,887 +23.95
612 thin fleshed 612 73 324.50 $324.50 $1,986 —
661 661 20 289.50 $289.50 $1,914 +4.25
663 663 5 279.00 $279.00 $1,850 -6.25
712 fancy 712 19 303.50 $303.50 $2,161 —
714 714 15 274.50 $274.50 $1,960 +16.50
721 thin fleshed 721 54 289.50 $289.50 $2,087 —
765 765 7 268.00 $268.00 $2,050 -2.50
808–813 811 134 262.75 $262.75 $2,131 +10.50
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
472 thin fleshed 472 15 333.50 $333.50 $1,574 +6.00
580 580 32 287.00 $287.00 $1,665 -5.00
815–835 827 17 238.00–239.50 $238.61 $1,973 —
869–873 872 32 225.00–231.50 $227.43 $1,983 —
884 884 20 236.25 $236.25 $2,088 —
1004 1004 12 210.00 $210.00 $2,108 +14.00
1024 1024 5 196.50 $196.50 $2,012 +0.50

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
370 370 5 345.00 $345.00 $1,276 +3.23
409–438 424 25 339.00–345.00 $341.71 $1,449 +14.71
452 thin fleshed 452 12 330.00 $330.00 $1,492 —
458–470 466 30 321.00–322.00 $321.33 $1,497 -1.17
500–510 508 23 304.00–308.00 $304.86 $1,549 +17.82
540 540 9 288.00 $288.00 $1,555 -20.50
551 fancy 551 50 328.00 $328.00 $1,807 —
555–581 571 33 294.00–294.50 $294.19 $1,680 —
589 589 21 280.00 $280.00 $1,649 —
601–635 610 56 275.00–286.50 $282.57 $1,724 +3.57
666 666 50 272.00 $272.00 $1,812 +29.00
676–685 682 28 250.00–258.50 $256.09 $1,747 +13.09
700–728 718 256 260.50–265.00 $263.73 $1,894 +22.76
758–798 786 173 237.60–239.00 $238.16 $1,872 +7.24
817 817 21 222.50 $222.50 $1,818 -13.25
808–826 824 84 228.00–229.00 $228.13 $1,880 +10.42
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
296 thin fleshed 296 6 340.00 $340.00 $1,006 —
488 488 5 260.00 $260.00 $1,269 —
551 551 36 240.00 $240.00 $1,322 -23.41
650–665 655 38 228.00–231.00 $228.96 $1,500 -4.04
825 825 12 197.00 $197.00 $1,625 —
862 862 10 175.00 $175.00 $1,508 —

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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.