Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, July 12, 2024

657 head sold ·Official USDA report

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

heavy 9-weight M&L 1 steers $256.10/cwt +8.50 vs last sale · ≈ $2,505/hd at 978 lb · 357 head
heavy 8-weight M&L 1 steers $254.00/cwt ≈ $2,182/hd at 859 lb · 42 head
heavy 9-weight M&L 1 heifers $227.60/cwt ≈ $2,196/hd at 965 lb · 24 head

Receipts

HeadThis saleLast saleLast year
Total receipts 657 1,162 1,326
Feeder cattle 657 1,162 1,326

Market comments — USDA reporter

First reported sale in three weeks 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 $ ≈ $/hdΔ last sale
859 859 42 254.00 $254.00 $2,182 —
975–979 978 357 256.10 $256.10 $2,505 +8.50
1002 1002 122 254.00 $254.00 $2,545 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
915 915 23 229.75 $229.75 $2,102 +1.75
965 965 24 227.60 $227.60 $2,196 —

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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.