Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, July 19, 2024

883 head sold ·Official USDA report

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

heavy 9-weight M&L 1 steers $252.07/cwt -4.03 vs last sale · ≈ $2,436/hd at 966 lb · 588 head
light 9-weight M&L 1 heifers $239.81/cwt +10.06 vs last sale · ≈ $2,177/hd at 908 lb · 83 head
heavy 8-weight M&L 1 steers $248.50/cwt -5.50 vs last sale · ≈ $2,177/hd at 876 lb · 68 head
HeadThis saleLast saleLast year
Total receipts 883 657 1,201
Feeder cattle 883 657 1,201

Compared to last weeks comparable offerings 950-1000 steers sold steady. Demand was moderate to good from the buyers in the seats.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
750 750 28 254.00 $254.00 $1,905
876 876 68 248.50 $248.50 $2,177 -5.50
951–966 958 368 251.00–261.50 $256.30 $2,455 +0.20
980 980 220 245.00 $245.00 $2,401 -11.10

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
800 800 22 246.00 $246.00 $1,968
855 855 11 239.50 $239.50 $2,048
908–911 908 83 234.75–240.75 $239.81 $2,177 +10.06
956 956 11 227.50 $227.50 $2,175 -0.10
1043 1043 9 211.00 $211.00 $2,201

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
848 848 11 240.00 $240.00 $2,035

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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.