Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, May 17, 2024

735 head sold ·Official USDA report

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

heavy 9-weight M&L 1 steers $238.50/cwt ≈ $2,333/hd at 978 lb · 183 head

heavy 8-weight M&L 1 steers $236.42/cwt ≈ $2,114/hd at 894 lb · 112 head

light 7-weight M&L 1 steers $267.87/cwt -22.09 vs last sale · ≈ $1,999/hd at 746 lb · 47 head

Receipts

Head	This sale	Last sale	Last year
Total receipts	735	1,782	1,747
Feeder cattle	545	1,782	1,530
Replacement cattle	190	—	217

Market comments — USDA reporter

Not enough comparable offerings with two weeks ago, a trend is not applicable. Demand was good from the buyers in the crowd.

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
744	744	11	265.00	$265.00	$1,972	-9.50
747	747	36	268.75	$268.75	$2,008	-5.75
893	893	92	238.25	$238.25	$2,128	—
899	899	20	228.00	$228.00	$2,050	—
954–992	978	183	238.50	$238.50	$2,333	—

Medium and Large 1-2 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
597	597	6	280.00	$280.00	$1,672	-7.00
755	755	9	235.00	$235.00	$1,774	—

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
392	392	5	324.00	$324.00	$1,270	-21.00
712	712	7	245.50	$245.50	$1,748	-18.23
882	882	20	213.50	$213.50	$1,883	—

Medium and Large 1-2 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
536	536	5	261.00	$261.00	$1,399	—
606 thin fleshed	606	21	274.50	$274.50	$1,663	—

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb)	Avg wt	Age	Stage	Head	Price range	Avg $
1416	1416	Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	13	2,650.00	$2,650.00
1485	1485	Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	23	2,500.00	$2,500.00
1531	1531	Aged (>8 yrs)	2nd/3rd Stage (4-9 mo)	16	2,000.00	$2,000.00

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Bred Heifers

Medium and Large 1 ($/head)
Weight (lb)	Avg wt	Age	Stage	Head	Price range	Avg $
1279	1279	Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	9	2,375.00	$2,375.00

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb)	Avg wt	Age	Stage	Head	Price range	Avg $	Δ last sale
1282	1282	Aged (>8 yrs)	Open	6	2,475.00	$2,475.00	—
1290–1342	1314	Young (2-4 yrs)	Open	11	2,950.00–3,200.00	$3,066.09	—
1354–1371	1363	Aged (>8 yrs)	Open	12	2,350.00–2,400.00	$2,374.84	—
1320–1528	1445	Middle Aged (5-8 yrs)	Open	15	2,625.00–3,125.00	$2,942.28	—
1513	1513	Middle Aged (5-8 yrs)	Open	13	2,850.00	$2,850.00	—
1451–1798	1548	Young/Middle Aged (2-8 yrs)	Open	25	2,500.00–2,950.00	$2,673.27	—

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Heifer Pairs

Medium and Large 1 ($/head)
Weight (lb)	Avg wt	Age	Stage	Head	Price range	Avg $	Δ last sale
1183	1183	Young (2-4 yrs)	Open	10	3,250.00–3,500.00	$3,375.00	—

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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.