Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, August 30, 2024

1,758 head sold ·Official USDA report

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

heavy 8-weight M&L 1 heifers $229.24/cwt ≈ $2,001/hd at 873 lb · 309 head
light 9-weight M&L 1 heifers $227.99/cwt -2.08 vs last sale · ≈ $2,064/hd at 905 lb · 299 head
light 9-weight M&L 1 steers $239.00/cwt +2.29 vs last sale · ≈ $2,182/hd at 913 lb · 129 head
HeadThis saleLast saleLast year
Total receipts 1,758 2,335 1,776
Feeder cattle 1,758 2,335 1,776

Compared to two weeks ago, steers over 900 lbs sold unevenly steady and heifers over 900 lbs sold fully steady. Demand was moderate to good from the buyers in the crowd who were being selective with their bidding and buying.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
876–884 881 35 235.50–237.50 $236.12 $2,080 -8.30
913 913 129 239.00 $239.00 $2,182 +2.29
978 978 120 233.00 $233.00 $2,279 -2.10
1033 1033 281 228.75 $228.75 $2,363 -1.81
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
700 700 5 258.00 $258.00 $1,806
794 794 23 239.25 $239.25 $1,900
823 823 23 235.00 $235.00 $1,934
845 845 11 218.50 $218.50 $1,846
1002 1002 21 210.00 $210.00 $2,104
1029 1029 22 218.50 $218.50 $2,248

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
776–780 777 28 233.00–236.00 $235.14 $1,827
788 788 39 238.00 $238.00 $1,875
817 817 61 244.75 $244.75 $2,000 -2.25
822 822 13 241.00 $241.00 $1,981 -6.00
850–880 864 54 227.00–232.50 $230.78 $1,994
864–888 873 233 229.60–229.85 $229.76 $2,006
894 894 22 220.00 $220.00 $1,967
901 901 245 228.25 $228.25 $2,057 -1.82
900–925 919 20 221.00 $221.00 $2,031 -9.07
910–935 929 34 228.50–231.00 $230.21 $2,139 +0.14
1002–1004 1003 44 219.50–220.50 $220.04 $2,207 +1.04
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
775 775 25 225.50 $225.50 $1,748
813–832 822 102 221.00–223.00 $221.99 $1,825 -3.01
831 831 19 207.00 $207.00 $1,720 -18.00
965 965 28 193.75 $193.75 $1,870

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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.