Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, October 11, 2024

1,773 head sold ·Official USDA report

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

heavy 5-weight M&L 1 steers $301.24/cwt -5.51 vs last sale · ≈ $1,672/hd at 555 lb · 189 head
heavy 4-weight M&L 1 steers $332.43/cwt -2.57 vs last sale · ≈ $1,575/hd at 474 lb · 173 head
light 6-weight M&L 1 steers $284.16/cwt +0.86 vs last sale · ≈ $1,779/hd at 626 lb · 170 head

Receipts

HeadThis saleLast saleLast year
Total receipts 1,773 1,876 1,584
Feeder cattle 1,773 1,876 1,584

Market comments — USDA reporter

Compared to two weeks ago, steers under 600 lbs sold unevenly steady and steers over 600 lbs sold 2.00 to 3.00 higher, heifers under 600 lbs sold 2.00 to 3.00 higher except 500-550 lbs heifers sold 10.00 lower. The consignment sheet included yearling feeders and spring calves coming off their mothers all having received fall vaccinations. Demand was moderate to good from the buyers in the crowd with internet activity noticed.

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
397 thin fleshed 397 53 395.00 $395.00 $1,568 —
430–449 434 25 315.00–319.00 $318.17 $1,381 —
459–472 465 46 300.00–312.00 $307.10 $1,428 -27.90
474 thin fleshed 474 52 350.00 $350.00 $1,659 —
473–490 479 75 333.50–339.00 $335.79 $1,608 +0.79
517 thin fleshed 517 26 333.00 $333.00 $1,722 —
534 534 20 306.00 $306.00 $1,634 -11.00
550–560 554 167 296.00–310.00 $303.87 $1,683 -2.88
552–566 562 22 280.00–284.00 $281.25 $1,581 -25.50
609–643 unweaned 626 163 281.00–288.50 $284.83 $1,783 +1.53
626 626 7 268.50 $268.50 $1,681 —
698 unweaned 698 32 264.00 $264.00 $1,843 —
759 759 16 268.50 $268.50 $2,038 +2.25
917 917 40 252.75 $252.75 $2,318 +5.37
985 985 60 241.50 $241.50 $2,379 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
385 thin fleshed 385 15 350.00 $350.00 $1,348 —
527–528 527 18 286.00–291.00 $288.22 $1,519 -1.11
735 735 11 245.50 $245.50 $1,804 —

↑ Back to top

Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
345 345 8 340.00 $340.00 $1,173 —
413 413 5 305.00 $305.00 $1,260 —
429–448 442 45 319.00–327.00 $323.65 $1,431 —
454 thin fleshed 454 7 322.00 $322.00 $1,462 —
466–488 475 22 298.00–304.00 $300.52 $1,427 +2.33
525 525 16 264.00 $264.00 $1,386 -29.45
516–544 537 115 275.50–283.50 $280.38 $1,506 -13.07
550–596 565 153 265.00–275.00 $269.87 $1,525 +3.87
798 798 29 242.00 $242.00 $1,931 —
851–894 887 144 232.00–238.00 $232.88 $2,066 +4.38
900 900 128 233.00 $233.00 $2,097 +15.72
1022 1022 13 222.00 $222.00 $2,269 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
417–423 419 24 281.00–286.00 $282.68 $1,184 —
453 453 10 271.00 $271.00 $1,228 —

↑ Back to top

Reading this report

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.