Sale reports / Nebraska / Lexington / 2024-03-08

Lexington

Feeder Cattle · Lexington, Nebraska · Fri, Mar 8
● Final36 lots reportedUSDA AMS · slug 1849
Receipts
1,534 head
▼ 1,162 vs last sale 2,696▼ 574 vs year ago 2,108 · −27.2%
View

Reporter comment USDA

As filed

Compared to last weeks comparable offerings steers sold 3.00 to 5.00 higher and heifers sold steady to 8.00 higher. Demand was good from the buyers in the crowd and on the internet. The consignments sheet was shorter than expected due to a winter storm that moved through the trade area last night.

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $286.47/cwt on 106 head. That ranks 1 of 16 comparable sales and sits −132.54 against this barn's trailing median of $419.01.
Average price
$286.47
106 head · 545 lb average
Value per head Derived
$1,561
Price × average weight ÷ 100
Grade differential Derived
$186
per head · Medium and Large 1 over Medium and Large 1-2
$26.99/cwt at this weight
vs the market
−6.69
vs NE average
+14.56 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1546287.991,572100
Medium and Large 1-2531261.001,3866thin
One grade step is worth $26.99/cwt here — about $186 a head. Across this sale the premium is widest at 500–600 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 500–600 lb

Same class and week · spot auction only
This sale106 hd
286.47
—
NE average6 barns · 1,586 hd
293.16
−6.69
National average176 barns · 15,352 hd
271.91
+14.56
This barn, trailing median16 sales
419.01
−132.54
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

This barn's trailing prices 500–600 lb

16 sales
492447402357median 419.0103/0605/0106/2610/0910/30
Heifers 500–600 lb: high $478.24, low $371.26, median $419.01 across 16 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

Every lot

36 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 · Steers18 lots · lightest first
Steers250–300Medium and Large 1280410.00/cwt410.00–410.001,14821
Steers350–400Medium and Large 1371400.44/cwt390.00–404.001,48627
Steers400–450Medium and Large 1Thin Fleshed409397.50/cwt397.50–397.501,62613
Steers400–450Medium and Large 1-2Thin Fleshed410330.00/cwt330.00–330.001,35310
Steers450–500Medium and Large 1450355.00/cwt355.00–355.001,5985
Steers450–500Medium and Large 1Fleshy473347.00/cwt347.00–347.001,6419
Steers450–500Medium and Large 1Thin Fleshed487369.50/cwt369.50–369.501,79932
Steers450–500Medium and Large 1-2Thin Fleshed494326.00/cwt326.00–326.001,61011
Steers500–550Medium and Large 1-2Thin Fleshed526314.54/cwt311.00–318.001,65410
Steers550–600Medium and Large 1Fleshy558308.29/cwt296.00–310.501,72035
Steers550–600Medium and Large 1573327.09/cwt326.00–329.001,87427
Steers600–650Medium and Large 1Thin Fleshed610322.22/cwt321.50–323.501,96637
Steers600–650Medium and Large 1Fleshy640288.50/cwt288.50–288.501,84625
Steers650–700Medium and Large 1666297.00/cwt297.00–297.001,97813
Steers700–750Medium and Large 1717281.00/cwt281.00–281.002,01543
Steers750–800Medium and Large 1772261.38/cwt256.50–268.002,018142
Steers800–850Medium and Large 1830252.63/cwt248.00–254.002,097177
Steers900–950Medium and Large 1920237.50/cwt237.50–237.502,18534
Feeder Cattle · Heifers17 lots · lightest first
Heifers250–300Medium and Large 1252376.00/cwt376.00–376.0094828
Heifers350–400Medium and Large 1365343.27/cwt341.00–345.001,25340
Heifers350–400Medium and Large 1Fancy378375.00/cwt375.00–375.001,41814
Heifers400–450Medium and Large 1Full417313.00/cwt313.00–313.001,30530
Heifers450–500Medium and Large 1473310.00/cwt310.00–310.001,46610
Heifers450–500Medium and Large 1Thin Fleshed475321.00/cwt321.00–321.001,52527
Heifers500–550Medium and Large 1Fleshy527292.00/cwt292.00–292.001,53943
Heifers500–550Medium and Large 1-2531261.00/cwt261.00–261.001,3866
Heifers550–600Medium and Large 1560284.97/cwt284.00–286.501,59657
Heifers600–650Medium and Large 1635261.50/cwt261.50–261.501,66111
Heifers650–700Medium and Large 1692249.29/cwt246.50–253.001,72550
Heifers700–750Medium and Large 1719245.81/cwt240.00–247.501,76799
Heifers700–750Medium and Large 1Replacement736249.49/cwt245.00–253.501,83664
Heifers750–800Medium and Large 1769240.00/cwt240.00–240.001,84610
Heifers750–800Medium and Large 1Fleshy779231.50/cwt231.50–231.501,80320
Heifers800–850Medium and Large 1806232.22/cwt231.50–232.851,872156
Heifers850–900Medium and Large 1Replacement874226.00/cwt226.00–226.001,97528
Feeder Cattle · Bulls1 lot · lightest first
Bulls400–450Medium and Large 1-2Thin Fleshed419330.00/cwt330.00–330.001,38315

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.