Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, May 1, 2026

2,393 head sold ·Official USDA report

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

heavy 9-weight M&L 1 steers $344.56/cwt ≈ $3,387/hd at 983 lb · 442 head
light 8-weight M&L 1 steers $383.65/cwt +6.16 vs last sale · ≈ $3,177/hd at 828 lb · 433 head
light 7-weight M&L 1 steers $425.80/cwt +5.80 vs last sale · ≈ $3,006/hd at 706 lb · 239 head

Receipts

HeadThis saleLast saleLast year
Total receipts 2,393 1,213 1,453
Feeder cattle 2,393 1,191 1,453
Replacement cattle — 22 —

Market comments — USDA reporter

Compared to two weeks ago, steers and heifers over 600 lbs sold steady to 10.00 higher. Nice offering of yearlings and weaned fall calves on offer with a few sets of bawling calves mixed in the run. Demand was good from the buyers in the seats with internet activity noted.

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
431 unweaned 431 58 537.00 $537.00 $2,314 —
478 478 23 541.00 $541.00 $2,586 +2.00
575–592 580 57 476.00–488.00 $485.53 $2,816 +16.15
600 unweaned 600 6 475.00 $475.00 $2,850 —
614–637 630 80 458.50–473.00 $468.45 $2,951 +6.19
675 675 13 411.00 $411.00 $2,774 -43.42
656–683 678 37 433.00–451.00 $447.70 $3,035 -6.72
703–734 706 239 410.00–432.00 $425.80 $3,006 +5.80
763 unweaned 763 8 362.00 $362.00 $2,762 —
769–796 793 145 385.50–401.00 $386.95 $3,069 -1.05
809–842 828 433 381.50–385.50 $383.65 $3,177 +6.16
905–921 917 57 350.00–353.25 $352.35 $3,231 —
973–998 983 442 343.00–346.25 $344.56 $3,387 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
547 unweaned 547 47 456.00 $456.00 $2,494 —
694 thin fleshed 694 6 405.00 $405.00 $2,811 -21.00

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
386 unweaned 386 31 546.00 $546.00 $2,108 —
398 398 6 569.50 $569.50 $2,267 —
469 unweaned 469 27 490.00 $490.00 $2,298 —
521–530 527 47 476.50–495.00 $483.12 $2,546 —
606–634 619 17 425.00–435.00 $430.18 $2,663 +22.48
655–688 682 63 409.00–410.50 $410.23 $2,798 —
733 733 37 384.00 $384.00 $2,815 +28.50
802–808 806 30 347.50–351.00 $348.54 $2,809 +1.23
853–896 867 87 314.00–335.50 $328.99 $2,852 —
959 959 64 314.75 $314.75 $3,018 —
Medium and Large 1 ($/head)
Weight (lb) Avg wt Head Price range Avg $ Δ last sale
948 948 97 4,550.00 $4,550.00 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
429 429 6 495.00 $495.00 $2,124 -17.00
550 550 6 440.00 $440.00 $2,420 —
677–697 682 19 361.00–375.50 $371.60 $2,534 +6.11

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
688 688 5 417.00 $417.00 $2,869 —

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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.