Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, July 24, 2026

329 head sold ·Official USDA report

heavy 9-weight M&L 1 steers $329.91/cwt ≈ $3,253/hd at 986 lb · 118 head
light 9-weight M&L 1 steers $347.00/cwt -8.75 vs last sale · ≈ $3,165/hd at 912 lb · 52 head
heavy 9-weight M&L 1 heifers $288.00/cwt ≈ $2,785/hd at 967 lb · 41 head
Lexington, NE 9-weight steers sold at $335/cwt, $16/cwt below the NE average ($351). The class is down $8 from its mid-June peak of $359. What this means — computed from this report and its neighbors
HeadThis saleLast saleLast year
Total receipts 329 878 1,386
Feeder cattle 329 878 1,386

Not enough comparable offerings with two weeks ago a trend is not applicable. Demand was moderate to good from the buyers in the seats with internet activity noticed.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
373 unweaned 373 9 605.00 $605.00 $2,257
912 912 52 347.00 $347.00 $3,165 -8.75
971–989 986 118 319.50–332.25 $329.91 $3,253

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325 unweaned 325 4 560.00 $560.00 $1,820
830 830 9 317.50 $317.50 $2,635
967 967 41 288.00 $288.00 $2,785
1058–1075 1066 21 261.00–262.00 $261.52 $2,788

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Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1004 1004 18 293.00 $293.00 $2,942
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
598 598 14 367.00 $367.00 $2,195

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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.