Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, November 15, 2024

2,742 head sold ·Official USDA report

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

heavy 9-weight M&L 1 steers $255.50/cwt ≈ $2,483/hd at 972 lb · 444 head
light 6-weight M&L 1 steers $291.18/cwt -8.51 vs last sale · ≈ $1,805/hd at 620 lb · 298 head
heavy 5-weight M&L 1 steers $309.60/cwt ≈ $1,746/hd at 564 lb · 297 head
HeadThis saleLast saleLast year
Total receipts 2,742 1,504 2,679
Feeder cattle 2,742 1,504 2,679

Nice offering of yearlings and weaned spring calves along with bawling spring calves on offer. Compared to last week steer and heifers calves under 600 lbs sold steady to 10.00 higher. Demand was moderate to good from the buyers in the crowd with internet buying noticed.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
404–446 417 70 346.00–366.00 $359.93 $1,501 +9.49
457–482 470 137 343.00–358.00 $351.54 $1,652 +11.54
500–544 523 102 307.00–324.50 $318.10 $1,664 +10.65
553–599 564 297 293.50–322.50 $309.60 $1,746 —
600 600 60 309.75 $309.75 $1,858 —
600–649 unweaned 625 238 277.25–302.00 $286.50 $1,791 -13.19
672–692 unweaned 676 33 263.50–265.00 $264.67 $1,789 —
692 692 80 285.50 $285.50 $1,976 —
712 unweaned 712 10 264.00 $264.00 $1,880 +7.75
742 742 25 266.10 $266.10 $1,974 —
751 751 35 266.75 $266.75 $2,003 —
800 800 15 266.50 $266.50 $2,132 —
803 unweaned 803 5 251.00 $251.00 $2,016 —
906–912 910 185 267.85 $267.85 $2,437 —
972 972 444 255.50 $255.50 $2,483 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
390 390 20 336.00 $336.00 $1,310 —
490 490 7 302.50 $302.50 $1,482 -1.96
541 541 7 285.00 $285.00 $1,542 -10.00
581 581 6 261.00 $261.00 $1,516 -12.29
602–618 610 19 255.00–265.00 $260.20 $1,587 —
632 unweaned 632 7 268.00 $268.00 $1,694 -1.22
691 unweaned 691 5 256.00 $256.00 $1,769 —
756 756 38 245.00 $245.00 $1,852 —
768 768 8 234.00 $234.00 $1,797 —
854 854 7 238.00 $238.00 $2,033 —

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
321 321 5 375.00 $375.00 $1,204 +27.00
368–395 382 52 323.00–330.00 $327.00 $1,249 ±0.00
416–449 438 111 297.00–327.00 $316.56 $1,387 +10.32
456–497 488 62 279.00–307.50 $297.91 $1,454 +5.39
500–545 524 123 271.00–291.00 $285.85 $1,498 +9.71
556–574 564 53 260.00–288.00 $278.75 $1,572 +8.48
601–636 unweaned 621 105 251.00–276.00 $266.76 $1,657 —
679 unweaned 679 8 246.50 $246.50 $1,674 —
705–744 724 23 237.50–244.50 $241.06 $1,745 —
745 unweaned 745 9 236.50 $236.50 $1,762 —
997 997 8 223.50 $223.50 $2,228 —
1041 1041 7 215.00 $215.00 $2,238 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
402 402 5 285.00 $285.00 $1,146 —
575 575 12 241.00 $241.00 $1,386 -17.00
671 671 27 231.00 $231.00 $1,550 +1.00
711 711 29 230.00 $230.00 $1,635 —
782 782 9 233.00 $233.00 $1,822 —

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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.