Sale reports / Nebraska / Lexington / 2023-09-29

Lexington

Feeder Cattle · Lexington, Nebraska · Fri, Sep 29
● Final37 lots reportedUSDA AMS · slug 1849
Receipts
2,258 head
▲ 1,052 vs last sale 1,206▼ 1,629 vs year ago 3,887 · −41.9%
View

Reporter comment USDA

As filed

Compared to two weeks ago, not enough comparable offerings of feeders to establish a trend although a lower undertone was noted. Around 1000 head of spring calves also sold in the mix with the calves not having preconditioning shots selling at a discount. Demand ranged from moderate to very good throughout the auction.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $270.59/cwt on 1,037 head.
Average price
$270.59
1,037 head · 726 lb average
Value per head Derived
$1,964
Price × average weight ÷ 100
Grade differential Derived
$324
per head · Medium and Large 1 over Medium and Large 1-2
$5.23/cwt at this weight
vs the market
+3.05
vs NE average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1732270.911,984975
Medium and Large 1-2625265.671,65962
One grade step is worth $5.23/cwt here — about $324 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 sale1,037 hd
270.59
—
NE average6 barns · 7,276 hd
267.54
+3.05
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Every lot

37 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 · Steers17 lots · lightest first
Steers—Medium and Large 1-2349297.00/cwt297.00–297.001,0375
Steers—Medium and Large 1-2391298.00/cwt298.00–298.001,1656
Steers—Medium and Large 1427331.69/cwt324.00–337.001,41627
Steers—Medium and Large 1490300.00/cwt300.00–300.001,4708
Steers—Medium and Large 1521312.88/cwt304.00–317.501,63089
Steers—Medium and Large 1563299.50/cwt299.50–299.501,68618
Steers—Medium and Large 1Unweaned617277.88/cwt260.00–291.001,715115
Steers—Medium and Large 1-2638260.00/cwt260.00–260.001,6595
Steers—Medium and Large 1650270.00/cwt270.00–270.001,75512
Steers—Medium and Large 1-2665259.65/cwt258.00–260.001,72729
Steers—Medium and Large 1Unweaned671291.06/cwt281.00–292.001,953217
Steers—Medium and Large 1-2715257.00/cwt257.00–257.001,83817
Steers—Medium and Large 1724264.69/cwt264.00–268.001,91648
Steers—Medium and Large 1751268.00/cwt268.00–268.002,01336
Steers—Medium and Large 1Unweaned762262.50/cwt262.50–262.502,00079
Steers—Medium and Large 1892239.97/cwt236.00–241.002,141265
Steers—Medium and Large 1971237.75/cwt237.75–237.752,30961
Feeder Cattle · Heifers20 lots · lightest first
Heifers—Medium and Large 1-2360258.00/cwt258.00–258.0092928
Heifers—Medium and Large 1383294.68/cwt280.00–310.001,12918
Heifers—Medium and Large 1-2411240.00/cwt240.00–240.009869
Heifers—Medium and Large 1430286.56/cwt281.00–291.001,23242
Heifers—Medium and Large 1462290.00/cwt290.00–290.001,34010
Heifers—Medium and Large 1-2468244.00/cwt244.00–244.001,1428
Heifers—Medium and Large 1512272.03/cwt262.00–282.001,39337
Heifers—Medium and Large 1-2538241.00/cwt241.00–241.001,2978
Heifers—Medium and Large 1Fancy565310.00/cwt310.00–310.001,75247
Heifers—Medium and Large 1-2581247.06/cwt241.00–253.501,43586
Heifers—Medium and Large 1583261.50/cwt261.50–261.501,52535
Heifers—Medium and Large 1Fancy643287.00/cwt287.00–287.001,845118
Heifers—Medium and Large 1687249.50/cwt248.50–250.001,71455
Heifers—Medium and Large 1744245.75/cwt245.75–245.751,82835
Heifers—Medium and Large 1783236.29/cwt234.75–241.001,850346
Heifers—Medium and Large 1-2810225.00/cwt225.00–225.001,8236
Heifers—Medium and Large 1812230.00/cwt230.00–230.001,86825
Heifers—Medium and Large 1-2884213.00/cwt213.00–213.001,88317
Heifers—Medium and Large 1937227.00/cwt227.00–227.002,12714
Heifers—Medium and Large 1Fleshy979205.66/cwt205.00–207.002,01321

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.