Sale reports / Nebraska / Lexington / 2024-03-15

Lexington

Name: Lexington livestock auction prices — 2024-03-15
Creator: RaisedBeef
Published: 2024-03-15

Feeder Cattle · Lexington, Nebraska · Fri, Mar 15

● Final40 lots reportedUSDA AMS · slug 1849

← Mar 8Mar 15Mar 22 →

Receipts

2,072 head

▲ 538 vs last sale 1,534▲ 517 vs year ago 1,555 · +33.2%

View

Reporter comment USDA

As filed

Compared to last week steers over 750 lbs sold steady to 6.00 higher. Heifers under 600 lbs sold 4.00 lower and heifers over 600 lbs sold steady to 3.00 higher. Demand was good from the buyers in the crowd with internet activity noticed.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $324.08/cwt on 123 head. That ranks 1 of 15 comparable sales and sits −142.53 against this barn's trailing median of $466.61.

Average price

$324.08

123 head · 546 lb average

Value per head Derived

$1,770

Price × average weight ÷ 100

Grade differential Derived

$105

per head · Medium and Large 1 over Medium and Large 1-2

$30.64/cwt at this weight

vs the market

−9.51

vs NE average

+8.01 vs national

Price by quality 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	542	329.81	1,788	100
Medium and Large 1-2	563	299.17	1,683	23

One grade step is worth $30.64/cwt here — about $105 a head. Across this sale the premium is widest at 400–500 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 sale123 hd

324.08

—

NE average9 barns · 2,027 hd

333.60

−9.51

National average167 barns · 13,796 hd

316.07

+8.01

This barn, trailing median15 sales

466.61

−142.53

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

15 sales

Steers 500–600 lb: high $512.00, low $429.68, median $466.61 across 15 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

Every lot

40 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.

Class	Weight	Grade / description	Avg wt	Price	Range	Per head	Head
Feeder Cattle · Steers16 lots · lightest first
Steers	400–450	Medium and Large 1Fleshy	434	357.50/cwt	357.50–357.50	1,552	13
Steers	450–500	Medium and Large 1-2Thin Fleshed	486	325.00/cwt	325.00–325.00	1,580	5
Steers	500–550	Medium and Large 1	520	340.57/cwt	336.00–347.50	1,771	67
Steers	500–550	Medium and Large 1-2Thin Fleshed	537	315.00/cwt	315.00–315.00	1,692	9
Steers	550–600	Medium and Large 1	573	319.00/cwt	319.00–319.00	1,828	5
Steers	550–600	Medium and Large 1-2	579	289.00/cwt	289.00–289.00	1,673	14
Steers	550–600	Medium and Large 1Fleshy	590	306.00/cwt	306.00–306.00	1,805	28
Steers	600–650	Medium and Large 1Fleshy	633	292.00/cwt	292.00–292.00	1,848	5
Steers	600–650	Medium and Large 1	638	301.94/cwt	299.50–310.00	1,926	133
Steers	650–700	Medium and Large 1	686	290.00/cwt	290.00–290.00	1,989	21
Steers	650–700	Medium and Large 1Fleshy	687	274.00/cwt	274.00–274.00	1,882	70
Steers	700–750	Medium and Large 1	708	271.20/cwt	270.00–273.50	1,920	70
Steers	750–800	Medium and Large 1	773	271.92/cwt	267.00–273.50	2,102	231
Steers	800–850	Medium and Large 1	828	258.56/cwt	253.00–261.00	2,141	332
Steers	850–900	Medium and Large 1Fleshy	878	237.00/cwt	237.00–237.00	2,081	5
Steers	900–950	Medium and Large 1	918	238.02/cwt	236.00–239.00	2,185	109
Feeder Cattle · Heifers20 lots · lightest first
Heifers	300–350	Medium and Large 1Unweaned	328	330.00/cwt	330.00–330.00	1,082	5
Heifers	350–400	Medium and Large 1Thin Fleshed	367	345.00/cwt	345.00–345.00	1,266	7
Heifers	350–400	Medium and Large 1Fleshy	382	320.00/cwt	320.00–320.00	1,222	12
Heifers	400–450	Medium and Large 1	425	327.50/cwt	327.50–327.50	1,392	6
Heifers	450–500	Medium and Large 1Thin Fleshed	472	317.00/cwt	315.00–320.00	1,496	28
Heifers	450–500	Medium and Large 1-2Thin Fleshed	473	292.50/cwt	292.50–292.50	1,384	7
Heifers	450–500	Medium and Large 1	483	308.41/cwt	304.00–310.00	1,490	65
Heifers	500–550	Medium and Large 1Thin Fleshed	516	305.14/cwt	303.00–308.00	1,575	52
Heifers	500–550	Medium and Large 1Fleshy	518	282.00/cwt	282.00–282.00	1,461	9
Heifers	500–550	Medium and Large 1	522	293.63/cwt	285.00–295.00	1,533	90
Heifers	550–600	Medium and Large 1	551	280.00/cwt	280.00–280.00	1,543	11
Heifers	550–600	Medium and Large 1Fleshy	595	268.50/cwt	268.50–268.50	1,598	54
Heifers	550–600	Medium and Large 1-2	596	258.00/cwt	258.00–258.00	1,538	5
Heifers	600–650	Medium and Large 1Replacement	618	284.25/cwt	284.25–284.25	1,757	68
Heifers	600–650	Medium and Large 1	619	268.00/cwt	268.00–268.00	1,659	31
Heifers	650–700	Medium and Large 1	675	250.97/cwt	249.75–253.00	1,694	66
Heifers	700–750	Medium and Large 1	702	250.00/cwt	250.00–250.00	1,755	54
Heifers	750–800	Medium and Large 1	760	235.39/cwt	230.00–237.50	1,789	70
Heifers	800–850	Medium and Large 1	831	232.50/cwt	232.50–232.50	1,932	24
Heifers	850–900	Medium and Large 1	854	221.25/cwt	221.25–221.25	1,889	101
Feeder Cattle · Bulls4 lots · lightest first
Bulls	350–400	Medium and Large 1Unweaned	375	430.00/cwt	430.00–430.00	1,613	6
Bulls	350–400	Medium and Large 1Fleshy	384	375.00/cwt	375.00–375.00	1,440	5
Bulls	450–500	Medium and Large 1Thin Fleshed	453	325.00/cwt	325.00–325.00	1,472	6
Bulls	750–800	Medium and Large 1	775	237.00/cwt	237.00–237.00	1,837	8

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.

Nebraska feeder prices, every weight →Every state and region →

Lexington Livestock Market - Lexington, NE

Fri Mar 15, 2024

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Kearney, NE (LS-WH)

Receipts 2,072Last week 1,534Year ago 1,555

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1 · Fleshy$ per cwt · actual wt
5	350–400	384	375.00	375.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
8	750–800	775	237.00	237.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1 · Unweaned$ per cwt · actual wt
6	350–400	375	430.00	430.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
6	450–500	453	325.00	325.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
12	350–400	382	320.00	320.00
9	500–550	518	282.00	282.00
54	550–600	595	268.50	268.50

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
6	400–450	425	327.50	327.50
65	450–500	483	304.00–310.00	308.41
90	500–550	522	285.00–295.00	293.63
11	550–600	551	280.00	280.00
31	600–650	619	268.00	268.00
66	650–700	675	249.75–253.00	250.97
54	700–750	702	250.00	250.00
70	750–800	760	230.00–237.50	235.39
24	800–850	831	232.50	232.50
101	850–900	854	221.25	221.25

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
5	300–350	328	330.00	330.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
7	350–400	367	345.00	345.00
28	450–500	472	315.00–320.00	317.00
52	500–550	516	303.00–308.00	305.14

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2$ per cwt · actual wt
5	550–600	596	258.00	258.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt
68	600–650	618	284.25	284.25

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2 · Thin Fleshed$ per cwt · actual wt
7	450–500	473	292.50	292.50

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt
13	400–450	434	357.50	357.50
28	550–600	590	306.00	306.00
5	600–650	633	292.00	292.00
70	650–700	687	274.00	274.00
5	850–900	878	237.00	237.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
67	500–550	520	336.00–347.50	340.57
5	550–600	573	319.00	319.00
133	600–650	638	299.50–310.00	301.94
21	650–700	686	290.00	290.00
70	700–750	708	270.00–273.50	271.20
231	750–800	773	267.00–273.50	271.92
332	800–850	828	253.00–261.00	258.56
109	900–950	918	236.00–239.00	238.02

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2 · Thin Fleshed$ per cwt · actual wt
5	450–500	486	325.00	325.00
9	500–550	537	315.00	315.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
14	550–600	579	289.00	289.00

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.