Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, November 8, 2024

1,504 head sold ·Official USDA report

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

light 5-weight M&L 1 steers $307.45/cwt -10.59 vs last sale · ≈ $1,645/hd at 535 lb · 194 head
heavy 5-weight M&L 1 heifers $270.27/cwt -6.00 vs last sale · ≈ $1,530/hd at 566 lb · 188 head
light 6-weight M&L 1 steers $299.69/cwt -1.54 vs last sale · ≈ $1,843/hd at 615 lb · 183 head

Receipts

HeadThis saleLast saleLast year
Total receipts 1,504 4,643 3,475
Feeder cattle 1,504 4,517 3,475
Replacement cattle — 126 —

Market comments — USDA reporter

Nice offering of bawling and weaned spring calves on a shorter consignments sheet than last week. Most all the calves had received fall vaccinations. Compared to last week steer and heifer calves under 600 lbs sold steady to 6.00 lower and steer calves over 600 lbs sold steady. Demand was moderate to good from the buyers in the seats.

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
315 thin fleshed 315 11 418.00 $418.00 $1,317 —
352–353 352 16 378.00–382.00 $380.50 $1,339 -10.62
408–434 425 25 343.00–355.00 $350.44 $1,489 +13.81
463 463 17 340.00 $340.00 $1,574 +20.48
516–546 535 194 304.50–310.00 $307.45 $1,645 +4.53
608–631 unweaned 615 183 285.50–305.50 $299.69 $1,843 +2.13
730 unweaned 730 12 256.25 $256.25 $1,871 —
765 unweaned 765 50 253.25 $253.25 $1,937 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
352 352 5 311.00 $311.00 $1,095 —
430 430 18 319.00 $319.00 $1,372 +4.00
480–488 485 30 300.00–307.00 $304.46 $1,477 —
535 535 5 295.00 $295.00 $1,578 —
559 thin fleshed 559 21 290.00 $290.00 $1,621 —
566–591 581 23 270.50–275.00 $273.29 $1,588 -7.07
621–648 unweaned 641 62 264.50–277.00 $269.22 $1,726 +1.86
700 unweaned 700 5 246.00 $246.00 $1,722 —
925 925 20 227.00 $227.00 $2,100 —

↑ Back to top

Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
328 328 8 348.00 $348.00 $1,141 +25.50
355–386 370 27 316.00–320.00 $317.60 $1,175 +17.60
391 391 8 327.00 $327.00 $1,279 -4.62
408–434 421 26 298.00–315.00 $306.24 $1,289 -8.54
458–492 485 91 285.00–300.00 $292.52 $1,419 -0.09
502–535 527 81 269.00–281.00 $276.14 $1,455 -5.65
552–572 566 188 268.50–276.00 $270.27 $1,530 -6.00
873 873 24 239.50 $239.50 $2,091 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
442–443 442 27 280.00–281.00 $280.81 $1,241 -0.28
481 481 20 261.00 $261.00 $1,255 —
506–510 508 20 251.00–260.00 $255.34 $1,297 -7.49
583 583 17 258.00 $258.00 $1,504 +1.17
630 unweaned 630 6 244.50 $244.50 $1,540 -5.50
641 641 8 236.50 $236.50 $1,516 —
669–695 unweaned 674 44 233.75–236.50 $234.33 $1,579 —
696 696 11 230.00 $230.00 $1,601 -11.00

↑ 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.