Cattle Market Pulse

Lexington Livestock Market Report

Lexington, Nebraska · USDA-reported Auction Livestock

Sale of Friday, October 16, 2026

1,193 head sold ·Official USDA report

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

light 7-weight M&L 1 heifers $365.00/cwt +14.00 vs last sale · ≈ $2,628/hd at 720 lb · 195 head
heavy 5-weight M&L 1 steers $453.12/cwt +12.21 vs last sale · ≈ $2,592/hd at 572 lb · 125 head
light 9-weight M&L 1 steers $344.75/cwt ≈ $3,161/hd at 917 lb · 112 head
HeadThis saleLast saleLast year
Total receipts 1,193 2,108 1,059
Feeder cattle 1,193 2,108 1,059

On a thin test compared to last week steer and heifer calves under 500 lbs sold sharply higher and steer and heifer calves 500-700 lbs sold steady to 15.00 lower except 550-600 lbs steers selling 10.00 higher. Not enough comparable offerings of yearling steers or heifers from last week to establish a trend. All of the bawling calves on offer had at least one round of fall vaccinations. Demand was moderate to good from the buyers in the crowd on the bawling calves with good to very good demand on the yearling feeders.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
411–443 428 57 510.00–532.00 $517.78 $2,216 +42.42
492 492 16 505.00 $505.00 $2,485 +38.35
503 thin fleshed 503 56 510.00 $510.00 $2,565 —
529–544 539 44 441.00–467.00 $449.70 $2,424 -18.23
551–591 572 125 431.00–461.00 $453.12 $2,592 +12.21
612 unweaned 612 25 409.00 $409.00 $2,503 -31.59
659–663 unweaned 662 51 405.00–415.00 $413.63 $2,738 -3.27
840 840 56 353.00 $353.00 $2,965 —
917 917 112 344.75 $344.75 $3,161 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
447 447 5 477.00 $477.00 $2,132 —

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
379 379 8 520.00 $520.00 $1,971 +36.94
453–493 472 55 418.00–459.00 $434.56 $2,051 +11.36
532–538 534 30 382.00–386.00 $383.08 $2,046 -25.33
555–598 563 80 365.00–385.50 $379.65 $2,137 -14.28
609 unweaned 609 42 363.00 $363.00 $2,211 -15.93
639 639 42 378.00 $378.00 $2,415 —
720 thin fleshed 720 195 365.00 $365.00 $2,628 —
784 thin fleshed 784 99 350.00 $350.00 $2,744 —
911 911 7 303.00 $303.00 $2,760 -3.50
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1044 1044 10 277.50 $277.50 $2,897 -17.50
1092 1092 8 269.50 $269.50 $2,943 -24.50

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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.