Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, May 15, 2026

1,055 head sold ·Official USDA report

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

heavy 9-weight M&L 1 steers $339.85/cwt -4.71 vs last sale · ≈ $3,332/hd at 980 lb · 197 head
light 9-weight M&L 1 steers $344.73/cwt -7.62 vs last sale · ≈ $3,244/hd at 941 lb · 141 head
heavy 7-weight M&L 1 steers $401.49/cwt +15.85 vs last sale · ≈ $3,074/hd at 766 lb · 72 head
HeadThis saleLast saleLast year
Total receipts 1,055 2,393 0
Feeder cattle 1,055 2,393 0

Nice offering of load lots and packages of yearling steers and heifers along with packages of weaned and bawling fall calves on offer. Demand was moderate to good from the buyers in the crowd with internet buying noticed. Compared to two weeks ago steers over 750 lbs sold unevenly steady with not enough comparable heifers on offer to establish a trend.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
507 507 14 516.00 $516.00 $2,616
513 unweaned 513 11 509.00 $509.00 $2,611
601–602 601 34 475.00–484.00 $478.71 $2,877 +10.26
626 thin fleshed 626 6 494.00 $494.00 $3,092
650 650 11 453.00 $453.00 $2,944 +42.00
651 unweaned 651 41 446.00 $446.00 $2,903
764–765 765 58 404.50–405.00 $404.63 $3,095 +17.68
768 768 14 388.50 $388.50 $2,984 +1.55
851 851 15 362.00 $362.00 $3,081
935–944 941 141 341.25–353.00 $344.73 $3,244 -7.62
969–982 976 21 321.50–327.00 $324.10 $3,163 -20.46
962–990 981 176 337.75–350.50 $341.73 $3,352 -2.83
1045 1045 34 320.00 $320.00 $3,344
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
582 582 6 422.00 $422.00 $2,456
615 615 7 422.50 $422.50 $2,598
672 thin fleshed 672 26 430.00 $430.00 $2,890 +25.00
703 thin fleshed 703 20 405.00 $405.00 $2,847
732–741 736 12 376.00–382.50 $378.73 $2,787
927 927 7 332.00 $332.00 $3,078

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
512 512 24 480.00 $480.00 $2,458 -3.12
592 unweaned 592 29 419.00 $419.00 $2,480
681 681 12 394.00 $394.00 $2,683 -16.23
754 754 5 348.00 $348.00 $2,624
858 858 20 319.00 $319.00 $2,737 -9.99
952 952 56 309.00 $309.00 $2,942 -5.75
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
504 504 7 415.00 $415.00 $2,092
587 587 9 413.00 $413.00 $2,424
604 604 6 388.00 $388.00 $2,344

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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.