Sale reports / Nebraska / Lexington / 2024-08-02

Lexington

Feeder Cattle · Lexington, Nebraska · Fri, Aug 2
● Final11 lots reportedUSDA AMS · slug 1849
Receipts
957 head
▲ 74 vs last sale 883▼ 426 vs year ago 1,383 · −30.8%
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Reporter comment USDA

As filed

Compared to two weeks ago ,steers over 950 lbs sold 10.00 lower and heifers over 900 lbs sold 10.00 lower with the other weight classes of steers and heifers not well tested. Demand was good from the buyers in the crowd.

Weight classPick one — the panels below update

Steers · summary 400–500 lb

Weighted average of every reported lot
400–500 lb steers averaged $320.00/cwt on 5 head. That ranks 1 of 11 comparable sales and sits −192.54 against this barn's trailing median of $512.54.
Average price
$320.00
5 head · 495 lb average
Value per head Derived
$1,584
Price × average weight ÷ 100
Grade differential Derived
—
single grade reported
vs the market
+0.00
vs NE average
+14.99 vs national

Price by quality 400–500 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1495320.001,5845thin
Only one grade was reported at this weight, so there is no spread to compute.

How it compared 400–500 lb

Same class and week · spot auction only
This sale5 hd
320.00
—
NE average1 barns · 5 hd
320.00
+0.00
National average133 barns · 3,590 hd
305.01
+14.99
This barn, trailing median11 sales
512.54
−192.54
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 400–500 lb

11 sales
575540504468median 512.5403/2004/1709/1810/1610/30
Steers 400–500 lb: high $561.33, low $482.35, median $512.54 across 11 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

Every lot

11 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 · Steers6 lots · lightest first
Steers350–400Medium and Large 1Unweaned371340.00/cwt340.00–340.001,2618
Steers450–500Medium and Large 1Unweaned495320.00/cwt320.00–320.001,5845
Steers800–850Medium and Large 1803259.50/cwt259.50–259.502,08446
Steers850–900Medium and Large 1872259.00/cwt259.00–259.002,258120
Steers900–950Medium and Large 1918250.00/cwt250.00–250.002,295123
Steers950–1000Medium and Large 1967244.71/cwt241.50–246.002,366257
Feeder Cattle · Heifers5 lots · lightest first
Heifers300–350Medium and Large 1Unweaned334337.50/cwt337.50–337.501,1275
Heifers600–650Medium and Large 1Fleshy630257.00/cwt257.00–257.001,61915
Heifers800–850Medium and Large 1835248.00/cwt248.00–248.002,07147
Heifers850–900Medium and Large 1893237.26/cwt236.50–246.002,119190
Heifers900–950Medium and Large 1904229.38/cwt229.00–233.002,07477

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.