Sale reports / Nebraska / Lexington / 2020-07-24

Lexington

Feeder Cattle · Lexington, Nebraska · Fri, Jul 24
● Final23 lots reportedUSDA AMS · slug 1849
Receipts
2,101 head
▲ 49 vs last sale 2,052▼ 51 vs year ago 2,152 · −2.4%
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Reporter comment USDA

As filed

Compared to two weeks ago, 900-950 lbs steers sold 8.00 higher with not enough sales volume within other weight classes to establish a trend for steers or heifers. Demand was good from the crowd of buyers.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $137.97/cwt on 1,314 head.
Average price
$137.97
1,314 head · 883 lb average
Value per head Derived
$1,219
Price × average weight ÷ 100
Grade differential Derived
$230
per head · Medium and Large 1 over Medium and Large 1-2
$0.80/cwt at this weight
vs the market
−7.50
vs NE average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1899138.051,2411,189
Medium and Large 1-2737137.251,011125
One grade step is worth $0.80/cwt here — about $230 a head. Across this sale the premium is widest at 0–100 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 0–100 lb

Same class and week · spot auction only
This sale1,314 hd
137.97
—
NE average6 barns · 8,855 hd
145.47
−7.50
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Every lot

23 lots · USDA AMS · Lexington Livestock Market - Lexington, NE
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added. Grouped by class and set lightest first; USDA files them in sale-ring order.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers12 lots · lightest first
Steers—Medium and Large 1-2Unweaned592130.00/cwt130.00–130.007707
Steers—Medium and Large 1-2594140.00/cwt140.00–140.0083216
Steers—Medium and Large 1706149.84/cwt149.50–150.001,05825
Steers—Medium and Large 1-2706143.73/cwt143.50–144.751,01540
Steers—Medium and Large 1-2Unweaned733135.50/cwt135.50–135.5099324
Steers—Medium and Large 1-2Gaunt806137.00/cwt137.00–137.001,1047
Steers—Medium and Large 1807144.50/cwt144.50–144.501,16639
Steers—Medium and Large 1-2Thin Fleshed834137.50/cwt137.50–137.501,14711
Steers—Medium and Large 1-2842125.00/cwt125.00–125.001,0539
Steers—Medium and Large 1855140.73/cwt137.00–141.751,203311
Steers—Medium and Large 1926136.35/cwt131.00–138.601,263814
Steers—Medium and Large 1-2928128.00/cwt128.00–128.001,18811
Feeder Cattle · Heifers11 lots · lightest first
Heifers—Medium and Large 1-2Unweaned440149.50/cwt149.50–149.506587
Heifers—Medium and Large 1-2548138.00/cwt138.00–138.007568
Heifers—Medium and Large 1-2676136.33/cwt130.25–137.5092245
Heifers—Medium and Large 1-2Unweaned690127.50/cwt127.50–127.5088021
Heifers—Medium and Large 1-2702138.50/cwt138.50–138.509726
Heifers—Medium and Large 1755135.00/cwt135.00–135.001,01944
Heifers—Medium and Large 1Fleshy811130.88/cwt129.75–131.751,061125
Heifers—Medium and Large 1Spayed822137.35/cwt137.35–137.351,129280
Heifers—Medium and Large 1Gaunt889132.00/cwt132.00–132.001,17314
Heifers—Medium and Large 1893126.00/cwt126.00–126.001,125155
Heifers—Medium and Large 1954122.50/cwt122.50–122.501,16936

This sale against other markets

Nebraska weighted averages
One sale is one barn on one day. The state ladder is every Nebraska auction USDA reported that week, weighted by head — the fairer test of whether a lot sold well.