Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, June 21, 2024

1,162 head sold ·Official USDA report

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

heavy 9-weight M&L 1 steers $247.60/cwt +0.50 vs last sale · ≈ $2,429/hd at 981 lb · 708 head
light 9-weight M&L 1 steers $249.50/cwt +2.40 vs last sale · ≈ $2,355/hd at 944 lb · 100 head
light 8-weight M&L 1 steers $258.50/cwt ≈ $2,107/hd at 815 lb · 17 head
HeadThis saleLast saleLast year
Total receipts 1,162 932 1,914
Feeder cattle 1,162 932 1,914

Compared to two weeks ago steers over 900 lbs sold steady to 2.00 higher. Demand was good from the buyers in the crowd.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
815 815 17 258.50 $258.50 $2,107
944 944 100 249.50 $249.50 $2,355 +2.40
950–982 981 708 241.00–247.75 $247.60 $2,429 +0.50
1096 1096 200 233.00 $233.00 $2,554 +2.25
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
638 thin fleshed 638 9 282.50 $282.50 $1,802
886 886 5 233.50 $233.50 $2,069
976 thin fleshed 976 8 231.00 $231.00 $2,255

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
492 492 6 300.00 $300.00 $1,476
737 737 6 250.00 $250.00 $1,842
912 912 9 228.00 $228.00 $2,079

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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.