Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, August 16, 2024

2,335 head sold ·Official USDA report

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

heavy 9-weight M&L 1 steers $235.10/cwt -9.61 vs last sale · ≈ $2,278/hd at 969 lb · 543 head
light 9-weight M&L 1 steers $236.71/cwt -13.29 vs last sale · ≈ $2,166/hd at 915 lb · 288 head
light 9-weight M&L 1 heifers $230.07/cwt +0.69 vs last sale · ≈ $2,124/hd at 923 lb · 156 head
HeadThis saleLast saleLast year
Total receipts 2,335 957 1,040
Feeder cattle 2,335 957 1,040

Compared to two weeks ago, steers 800 to 1000 lbs sold 5.00 to 10.00 lower and heifers 800 to 850 lbs also 900 to 950 lbs 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
618 618 23 280.00 $280.00 $1,730
655 655 10 286.50 $286.50 $1,877
700–734 705 52 269.75–270.50 $269.94 $1,903
776–798 783 94 255.50–258.00 $257.35 $2,015
812–813 813 100 250.25–259.50 $251.82 $2,047 -7.68
850–877 858 33 242.00–245.50 $244.42 $2,097 -14.58
908–921 915 288 234.50–237.00 $236.71 $2,166 -13.29
956–983 969 543 228.25–239.00 $235.10 $2,278 -9.61
1006–1025 1019 651 227.75–231.00 $230.56 $2,349
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1107 1107 92 220.00 $220.00 $2,435

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
660 660 21 253.50 $253.50 $1,673
738 738 44 246.00 $246.00 $1,815
741 741 17 239.00 $239.00 $1,771
827 827 69 247.00 $247.00 $2,043 -1.00
909–948 923 156 230.00–230.50 $230.07 $2,124 +0.69
990 990 11 222.00 $222.00 $2,198
1029 1029 6 219.00 $219.00 $2,254
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
555 555 5 252.00 $252.00 $1,399
627 627 9 247.00 $247.00 $1,549
832 832 12 225.00 $225.00 $1,872

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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.