Cattle Market Pulse

Nebraska Weekly Livestock Auction Summary

Nebraska · USDA-reported Auction Livestock

Sale of Monday, May 29, 2023

2,779 head sold ·Official USDA report

This is an archived report. See the latest Nebraska Weekly Livestock Auction Summary report →

light 8-weight M&L 1 heifers $213.30/cwt +7.30 vs last sale · ≈ $1,723/hd at 808 lb · 256 head
light 7-weight M&L 1 heifers $212.35/cwt -7.22 vs last sale · ≈ $1,568/hd at 738 lb · 231 head
heavy 7-weight M&L 1 steers $227.75/cwt -9.48 vs last sale · ≈ $1,774/hd at 779 lb · 166 head
HeadThis saleLast saleLast year
Total receipts 2,779 3,702 4,130
Feeder cattle 2,779 3,462 4,130
Replacement cattle 240

This week's market was lightly tested with only two auctions reporting. However, higher undertones were noted at both sales. Buyer demand was good to very good. CME live cattle and feeder cattle boards traded sharply higher that helped boost the market. Nebraska feedlots hit a new milestone with record prices for steers and heifers on a cash basis. Who knows, it might be another record this week? Nebraska dressed sales sold 5.00 to 6.00 higher from 285.00 to 292.00 and live sales sold 3.00 to 6.00 higher from 183.00 to 188.00 with a few up to 190.00. Packers continue to seek out cash cattle to fill slaughter needs. Hip pocket (forward contract) cattle as of last week was at 109,000 head compared to 155,000 head nationally last year. Scattered rains across the state with most areas in the eastern 1/3 still in the exceptional drought category.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
408–414 410 19 299.00–302.00 $300.88 $1,234 -12.00
441 unweaned 441 7 297.00 $297.00 $1,310
478–499 485 51 280.00–306.00 $289.04 $1,402
458–498 unweaned 488 32 282.00–282.50 $282.12 $1,377
503 503 13 289.00 $289.00 $1,454 +44.00
508–537 526 13 277.00–281.00 $279.51 $1,470 +34.51
541 541 15 300.00 $300.00 $1,623 +55.00
547 unweaned 547 6 270.00 $270.00 $1,477
550–593 574 44 264.00–288.00 $277.49 $1,593
591 591 9 268.50 $268.50 $1,587
604–618 unweaned 615 44 249.00–255.50 $253.90 $1,561
633 633 9 263.00 $263.00 $1,665 -6.00
645 645 13 256.00 $256.00 $1,651 -13.00
665 665 61 251.75 $251.75 $1,674 +3.14
666 666 30 271.00 $271.00 $1,805 +22.39
705–742 725 93 230.00–239.00 $232.43 $1,685 +5.54
742 742 6 220.00 $220.00 $1,632 -6.89
750–783 779 166 227.25–232.00 $227.75 $1,774 -9.48
829 829 128 216.50 $216.50 $1,795 +11.50
861–885 876 22 198.50–203.00 $200.11 $1,753
904 904 128 210.00 $210.00 $1,898 +0.73
921 921 9 192.50 $192.50 $1,773 -0.50
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
419 419 8 281.00 $281.00 $1,177
488 thin fleshed 488 10 287.00 $287.00 $1,401
666 thin fleshed 666 16 240.00 $240.00 $1,598
800 800 5 201.00 $201.00 $1,608
878 878 6 198.00 $198.00 $1,738
930 930 5 188.00 $188.00 $1,748

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
331 331 5 291.00 $291.00 $963
353–382 371 27 254.00–268.00 $261.25 $969
429 unweaned 429 8 245.00 $245.00 $1,051
435–440 437 23 242.50–267.00 $250.02 $1,093 +0.35
461–495 484 47 242.50–270.00 $260.36 $1,260
485–490 unweaned 487 23 236.00–259.00 $249.94 $1,217
508 thin fleshed 508 10 270.00 $270.00 $1,372
506–535 522 18 248.50–256.00 $251.73 $1,314 +16.87
528 528 20 261.75 $261.75 $1,382 +26.89
587–589 unweaned 587 34 216.00–248.00 $243.28 $1,428
620 620 71 249.00 $249.00 $1,544 +20.18
630–648 642 94 226.00–237.00 $232.98 $1,496 +4.16
665 665 11 219.50 $219.50 $1,460 -4.50
692 692 10 220.00 $220.00 $1,522 -4.00
727–740 733 73 214.00–219.00 $217.63 $1,595 -1.87
700–746 741 158 205.00–210.25 $209.91 $1,555 -9.59
756 756 42 216.00 $216.00 $1,633 +15.00
763–792 774 69 205.00–214.50 $209.61 $1,622 +8.61
803–808 807 82 203.75–213.00 $211.65 $1,708 +5.65
801–813 808 174 208.50–217.00 $214.08 $1,730 +8.08
859–861 860 70 211.75–212.00 $211.89 $1,822
861 861 21 186.50 $186.50 $1,606
871 871 8 189.00 $189.00 $1,646
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
439–447 441 34 241.00–247.00 $245.21 $1,081
458–480 473 18 222.50–232.50 $227.79 $1,077 -32.16
525–544 537 24 210.00–241.00 $228.91 $1,229 -16.94
600–638 624 30 211.00–221.00 $214.67 $1,340 -6.23
774 774 5 183.00 $183.00 $1,416 +1.00

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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.