Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, May 29, 2026

623 head sold ·Official USDA report

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

light 9-weight M&L 1 steers $348.81/cwt +4.08 vs last sale · ≈ $3,294/hd at 944 lb · 254 head
heavy 4-weight M&L 1 heifers $501.63/cwt ≈ $2,313/hd at 461 lb · 31 head
light 7-weight M&L 1-2 steers $370.00/cwt -25.15 vs last sale · ≈ $2,686/hd at 726 lb · 25 head
HeadThis saleLast saleLast year
Total receipts 623 1,055 1,461
Feeder cattle 591 1,055 1,444
Replacement cattle 32 17

Compared to two weeks ago 950 lbs steers sold 5.00 higher with not enough comparable offerings in the other weight classes to establish a trend for steers or heifers. Demand was moderate to good from the buyers in the crowd. The consignment sheet consisted of mostly packages of weaned fall calves and yearlings.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
493 493 15 540.00 $540.00 $2,662
599 599 11 448.00 $448.00 $2,684
690 690 13 406.00 $406.00 $2,801
906 906 16 320.00 $320.00 $2,899 -24.73
947 947 238 350.75 $350.75 $3,322 +6.02
955 955 7 325.50 $325.50 $3,109 +1.40
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
353 353 6 607.00 $607.00 $2,143
424 424 10 525.00 $525.00 $2,226
492 492 24 511.00 $511.00 $2,514
590 590 5 425.00 $425.00 $2,508 +3.00
599 599 6 400.00 $400.00 $2,396 -22.00
726 726 25 370.00 $370.00 $2,686 -8.73
781–786 784 13 349.00–361.00 $353.60 $2,772

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
401 401 7 530.00 $530.00 $2,125
456–470 461 31 498.00–504.00 $501.63 $2,313
585–591 590 20 423.00–430.00 $428.26 $2,527
699 699 20 387.00 $387.00 $2,705 -7.00
715 715 13 372.00 $372.00 $2,660
772 772 9 330.50 $330.50 $2,551 -17.50
818 818 7 317.50 $317.50 $2,597

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1486–1584 1532 Aged (>8 yrs)1st/2nd Stage (1-6 mo) 29 2,900.00–3,000.00 $2,979.36

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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.