Sale reports / Nebraska / Lexington / 2023-10-27

Lexington

Feeder Cattle · Lexington, Nebraska · Fri, Oct 27
● Final32 lots reportedUSDA AMS · slug 1849
Receipts
2,094 head
▲ 106 vs last sale 1,988▼ 574 vs year ago 2,668 · −21.5%
View

Reporter comment USDA

As filed

Compared to last week steer and heifer calves sold steady to 10.00 lower. Nearly all consignments had received at least one round of preconditioning shots with very few being weaned. Demand was slow to good from a smaller than usual crowd of buyers who were being selective with their bidding and purchasing.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $277.69/cwt on 1,048 head.
Average price
$277.69
1,048 head · 578 lb average
Value per head Derived
$1,606
Price × average weight ÷ 100
Grade differential Derived
$212
per head · Medium and Large 1 over Medium and Large 1-2
$10.75/cwt at this weight
vs the market
−9.36
vs NE average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1585278.881,630932
Medium and Large 1-2529268.131,418116
One grade step is worth $10.75/cwt here — about $212 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 sale1,048 hd
277.69
—
NE average11 barns · 17,641 hd
287.06
−9.36
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Every lot

32 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 · Steers20 lots · lightest first
Steers—Medium and Large 1374327.84/cwt325.00–335.001,22614
Steers—Medium and Large 1433345.00/cwt345.00–345.001,49436
Steers—Medium and Large 1-2Fleshy443284.00/cwt284.00–284.001,2588
Steers—Medium and Large 1-2465293.00/cwt293.00–293.001,3629
Steers—Medium and Large 1482327.50/cwt327.50–327.501,57941
Steers—Medium and Large 1-2Fleshy490272.00/cwt272.00–272.001,33314
Steers—Medium and Large 1518295.13/cwt293.00–296.001,52952
Steers—Medium and Large 1Fleshy519278.02/cwt276.00–279.001,44318
Steers—Medium and Large 1-2520272.27/cwt271.00–273.001,41631
Steers—Medium and Large 1559282.00/cwt282.00–282.001,576105
Steers—Medium and Large 1-2566260.12/cwt255.00–262.001,47249
Steers—Medium and Large 1Fancy572296.00/cwt296.00–296.001,693120
Steers—Medium and Large 1Fleshy574267.00/cwt264.00–271.001,533141
Steers—Medium and Large 1-2Fleshy583240.00/cwt240.00–240.001,3995
Steers—Medium and Large 1Fleshy611248.58/cwt248.00–249.001,51919
Steers—Medium and Large 1623267.91/cwt258.00–275.001,669244
Steers—Medium and Large 1Fleshy665251.34/cwt249.00–253.501,67152
Steers—Medium and Large 1673263.98/cwt259.00–268.001,77770
Steers—Medium and Large 1Fleshy705230.00/cwt230.00–230.001,62214
Steers—Medium and Large 1745249.00/cwt249.00–249.001,8556
Feeder Cattle · Heifers12 lots · lightest first
Heifers—Medium and Large 1378305.00/cwt305.00–305.001,15311
Heifers—Medium and Large 1417281.41/cwt271.00–285.001,17357
Heifers—Medium and Large 1Fleshy421264.00/cwt264.00–264.001,11121
Heifers—Medium and Large 1467267.76/cwt263.00–277.501,25040
Heifers—Medium and Large 1517263.01/cwt253.00–266.501,360166
Heifers—Medium and Large 1Fleshy536247.19/cwt241.00–251.001,325202
Heifers—Medium and Large 1566246.62/cwt241.00–250.001,396175
Heifers—Medium and Large 1Fleshy589230.00/cwt230.00–230.001,3557
Heifers—Medium and Large 1610243.86/cwt240.25–245.001,488103
Heifers—Medium and Large 1Fleshy625233.00/cwt233.00–233.001,45615
Heifers—Medium and Large 1653239.68/cwt237.25–242.001,56545
Heifers—Medium and Large 1Fleshy1,099200.00/cwt200.00–200.002,19810

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.