Sale reports / Nebraska / Lexington / 2024-02-02

Lexington

Feeder Cattle · Lexington, Nebraska · Fri, Feb 2
● Final30 lots reportedUSDA AMS · slug 1849
Receipts
2,472 head
▼ 1,816 vs last sale 4,288▼ 572 vs year ago 3,044 · −18.8%
View

Reporter comment USDA

As filed

Compared to last week steers over 700 lbs sold steady to 6.00 higher and heifers over 600 lbs sold steady to 3.00 lower. Demand was moderate to good from the buyers in the crowd with internet activity noticed.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $245.32/cwt on 1,192 head.
Average price
$245.32
1,192 head · 780 lb average
Value per head Derived
$1,913
Price × average weight ÷ 100
Grade differential Derived
−$497
per head · Medium and Large 1-2 over Medium and Large 1
$52.95/cwt at this weight
vs the market
−30.78
vs NE average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2479297.211,42324
Medium and Large 1786244.261,9201,168
One grade step is worth $52.95/cwt here — about −$497 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 sale1,192 hd
245.32
—
NE average9 barns · 19,283 hd
276.11
−30.78
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Every lot

30 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 · Steers19 lots · lightest first
Steers—Medium and Large 1-2Thin Fleshed389330.00/cwt330.00–330.001,2845
Steers—Medium and Large 1-2Full415294.00/cwt294.00–294.001,2206
Steers—Medium and Large 1Fleshy492315.00/cwt315.00–315.001,55022
Steers—Medium and Large 1516314.50/cwt314.50–314.501,6239
Steers—Medium and Large 1Fleshy519305.00/cwt305.00–305.001,5836
Steers—Medium and Large 1-2538293.00/cwt293.00–293.001,5768
Steers—Medium and Large 1-2550275.00/cwt275.00–275.001,5135
Steers—Medium and Large 1Fleshy575290.00/cwt290.00–290.001,6689
Steers—Medium and Large 1612298.00/cwt298.00–298.001,82412
Steers—Medium and Large 1Fleshy642273.00/cwt273.00–273.001,75322
Steers—Medium and Large 1Fleshy665263.00/cwt263.00–263.001,7498
Steers—Medium and Large 1703255.79/cwt252.50–259.001,798110
Steers—Medium and Large 1Thin Fleshed715267.00/cwt267.00–267.001,90912
Steers—Medium and Large 1Fleshy724243.33/cwt241.00–246.501,76264
Steers—Medium and Large 1783242.81/cwt238.50–245.001,901353
Steers—Medium and Large 1Fleshy783233.50/cwt233.50–233.501,82863
Steers—Medium and Large 1814246.00/cwt246.00–246.002,002143
Steers—Medium and Large 1874233.40/cwt232.00–234.002,040200
Steers—Medium and Large 1Fleshy877223.80/cwt220.75–225.251,963135
Feeder Cattle · Heifers11 lots · lightest first
Heifers—Medium and Large 1Full485285.00/cwt285.00–285.001,3827
Heifers—Medium and Large 1519289.53/cwt285.00–292.001,50339
Heifers—Medium and Large 1573263.31/cwt260.00–267.001,50941
Heifers—Medium and Large 1Fleshy611236.00/cwt236.00–236.001,4425
Heifers—Medium and Large 1624254.75/cwt250.00–257.001,590150
Heifers—Medium and Large 1Thin Fleshed656253.44/cwt253.00–254.501,663281
Heifers—Medium and Large 1688237.82/cwt237.00–241.501,63673
Heifers—Medium and Large 1Fleshy728228.92/cwt225.00–230.501,667186
Heifers—Medium and Large 1738233.55/cwt232.60–237.001,72484
Heifers—Medium and Large 1774224.76/cwt221.00–226.251,740130
Heifers—Medium and Large 1829217.00/cwt217.00–217.001,799140

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.