Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, February 27, 2026

3,043 head sold ·Official USDA report

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

heavy 8-weight M&L 1 steers $355.72/cwt +7.22 vs last sale · ≈ $3,088/hd at 868 lb · 849 head
light 7-weight M&L 1 steers $427.60/cwt +18.60 vs last sale · ≈ $3,042/hd at 711 lb · 286 head
heavy 7-weight M&L 1 steers $378.77/cwt -11.73 vs last sale · ≈ $2,894/hd at 764 lb · 285 head

Receipts

HeadThis saleLast saleLast year
Total receipts 3,043 918 2,908
Feeder cattle 3,043 918 2,908

Market comments — USDA reporter

Compared to last weeks thin test, steers over 700 lbs sold steady to 5.00 higher except steers 750-850 lbs selling 10.00 to 20.00 lower and heifers over 600 lbs sold steady to 8.00 lower.

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
360 thin fleshed 360 5 660.00 $660.00 $2,376 —
450 450 5 542.50 $542.50 $2,441 —
533 533 38 530.00 $530.00 $2,825 —
623–626 625 97 445.00–470.00 $458.95 $2,868 —
702–714 thin fleshed 708 145 432.00–439.50 $435.69 $3,085 —
715–725 715 141 400.00–420.00 $419.28 $2,998 +10.28
751–785 764 285 370.00–381.50 $378.77 $2,894 -11.73
809–834 822 54 350.00–362.00 $356.94 $2,934 -26.24
850–899 868 849 338.50–367.00 $355.72 $3,088 +7.22
911 911 60 349.00 $349.00 $3,179 +2.87
967 967 108 330.25 $330.25 $3,194 +3.75
1004 1004 59 321.50 $321.50 $3,228 —
1037 1037 16 310.00 $310.00 $3,215 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
475 475 5 520.00 $520.00 $2,470 —
531 thin fleshed 531 11 506.00 $506.00 $2,687 —
587 587 7 435.00 $435.00 $2,553 -13.89
651–677 thin fleshed 671 51 412.50–421.50 $419.45 $2,815 —
677 677 7 406.00 $406.00 $2,749 —
696 696 8 380.00 $380.00 $2,645 —
757–768 760 17 352.00–360.00 $357.62 $2,718 -8.38
787 787 6 345.00 $345.00 $2,715 -21.00

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
352–379 367 11 547.00–559.00 $553.76 $2,032 —
501 501 36 491.00 $491.00 $2,460 —
543–544 544 21 444.00–454.00 $451.15 $2,454 —
561–569 567 70 438.00–444.00 $442.73 $2,510 -12.27
611–627 622 16 404.00–411.00 $408.85 $2,543 -11.22
637 637 56 434.00 $434.00 $2,765 +13.93
669 669 16 401.00 $401.00 $2,683 -3.00
671–692 684 58 402.00–408.00 $404.34 $2,766 +0.34
707–713 713 92 395.00–402.00 $401.62 $2,864 +20.38
728 728 20 358.00 $358.00 $2,606 -23.24
707–748 737 88 367.00–379.00 $371.55 $2,738 -9.69
765 765 10 342.50 $342.50 $2,620 -14.19
764–772 766 31 377.00–382.00 $380.86 $2,917 +24.17
826 826 9 325.00 $325.00 $2,684 -5.00
870–899 881 13 317.00–320.00 $318.18 $2,803 —
1080 1080 5 272.50 $272.50 $2,943 —
Medium and Large 1 ($/head)
Weight (lb) Avg wt Head Price range Avg $ Δ last sale
686 686 6 2,800.00 $2,800.00 —
713–744 720 31 2,750.00–2,760.00 $2,756.80 —
750–790 769 150 3,100.00–3,135.00 $3,133.80 +108.80
801–847 816 155 3,100.00–3,410.00 $3,208.18 —
872 872 10 3,200.00 $3,200.00 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
505 thin fleshed 505 28 450.00 $450.00 $2,272 —
685 thin fleshed 685 11 376.00 $376.00 $2,576 —

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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.