Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, August 2, 2024

957 head sold ·Official USDA report

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

heavy 9-weight M&L 1 steers $244.71/cwt -7.36 vs last sale · ≈ $2,366/hd at 967 lb · 257 head
heavy 8-weight M&L 1 heifers $237.26/cwt -2.24 vs last sale · ≈ $2,119/hd at 893 lb · 190 head
light 9-weight M&L 1 steers $250.00/cwt ≈ $2,295/hd at 918 lb · 123 head
HeadThis saleLast saleLast year
Total receipts 957 883 1,383
Feeder cattle 957 883 1,383

Compared to two weeks ago ,steers over 950 lbs sold 10.00 lower and heifers over 900 lbs sold 10.00 lower with the other weight classes of steers and heifers not well tested. 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
371 unweaned 371 8 340.00 $340.00 $1,261
495 unweaned 495 5 320.00 $320.00 $1,584
803 803 46 259.50 $259.50 $2,084
872 872 120 259.00 $259.00 $2,258 +10.50
918 918 123 250.00 $250.00 $2,295
960–986 967 257 241.50–246.00 $244.71 $2,366 -11.59

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
334 unweaned 334 5 337.50 $337.50 $1,127
630 630 15 257.00 $257.00 $1,619
835 835 47 248.00 $248.00 $2,071 +2.00
852–897 893 190 236.50–246.00 $237.26 $2,119
901–933 904 77 229.00–233.00 $229.38 $2,074 -10.43

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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.