Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, September 27, 2024

1,876 head sold ·Official USDA report

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

light 9-weight M&L 1 steers $247.38/cwt ≈ $2,323/hd at 939 lb · 328 head
heavy 7-weight M&L 1-2 heifers $225.83/cwt ≈ $1,793/hd at 794 lb · 188 head
heavy 6-weight M&L 1 steers $299.75/cwt ≈ $1,975/hd at 659 lb · 181 head
HeadThis saleLast saleLast year
Total receipts 1,876 695 2,258
Feeder cattle 1,876 695 2,258

Compared to two weeks ago, heifers over 850 lbs sold 5.00 to 7.00 higher. First sizable run of bawling spring calves of the fall season on offer majority having received one round of preconditioning shots, those had not sold at a sizable discount. The balance of the offering consisted of yearling feeders and the usual run of weigh -ups. Demand was 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
467 467 17 335.00 $335.00 $1,564 —
509 509 11 317.00 $317.00 $1,614 —
556–570 564 61 301.00–310.00 $306.75 $1,730 —
601–602 unweaned 601 56 282.50–290.00 $283.30 $1,703 —
659 fancy 659 181 299.75 $299.75 $1,975 —
739 unweaned 739 86 265.00 $265.00 $1,958 —
791 791 45 266.25 $266.25 $2,106 —
851 851 71 259.25 $259.25 $2,206 —
931–943 939 328 247.00–247.75 $247.38 $2,323 —
1012–1018 1014 186 237.00–240.25 $239.13 $2,425 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
490 490 8 293.00 $293.00 $1,436 —
522–530 528 32 285.00–291.00 $289.33 $1,528 —
598 598 12 260.00 $260.00 $1,555 —
781 781 20 235.00 $235.00 $1,835 —
855 855 5 230.00 $230.00 $1,966 —

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
392 392 12 323.00 $323.00 $1,266 —
469–480 473 34 295.50–303.00 $298.19 $1,410 —
503–541 532 77 289.00–295.00 $293.45 $1,561 —
553 553 41 266.00 $266.00 $1,471 —
621 fancy 621 120 288.00 $288.00 $1,788 —
845 845 6 229.00 $229.00 $1,935 +4.62
855 855 38 224.00 $224.00 $1,915 +5.50
884 884 5 228.50 $228.50 $2,020 +8.69
919–940 930 13 215.00–220.00 $217.28 $2,021 —
982 982 23 225.50 $225.50 $2,214 +11.25
1079 1079 6 194.00 $194.00 $2,093 -15.00
1080 1080 35 215.00 $215.00 $2,322 +6.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
522 522 6 257.00 $257.00 $1,342 —
732 732 51 230.00 $230.00 $1,684 —
777–795 794 188 223.00–226.00 $225.83 $1,793 —

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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.