Sale reports / Nebraska / Lexington / 2024-09-27

Lexington

Feeder Cattle · Lexington, Nebraska · Fri, Sep 27
● Final30 lots reportedUSDA AMS · slug 1849
Receipts
1,876 head
▲ 1,181 vs last sale 695▼ 382 vs year ago 2,258 · −16.9%
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Reporter comment USDA

As filed

Compared to two weeks ago, heifers over 850 lbs sold 5.00 to 7.00 higher. First sizable run of bawling spring calves of the fall season on offer majority having received one round of preconditioning shots, those had not sold at a sizable discount. The balance of the offering consisted of yearling feeders and the usual run of weigh -ups. Demand was good from the buyers in the seats.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $298.08/cwt on 116 head. That ranks 1 of 15 comparable sales and sits −168.53 against this barn's trailing median of $466.61.
Average price
$298.08
116 head · 552 lb average
Value per head Derived
$1,647
Price × average weight ÷ 100
Grade differential Derived
$174
per head · Medium and Large 1 over Medium and Large 1-2
$26.99/cwt at this weight
vs the market
−15.06
vs NE average
+23.79 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1556308.321,71372
Medium and Large 1-2547281.331,53944
One grade step is worth $26.99/cwt here — about $174 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 sale116 hd
298.08
—
NE average4 barns · 685 hd
313.14
−15.06
National average169 barns · 10,664 hd
274.29
+23.79
This barn, trailing median15 sales
466.61
−168.53
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
526489452416median 466.6103/0604/1706/1210/0910/30
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

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 · Steers15 lots · lightest first
Steers450–500Medium and Large 1467335.00/cwt335.00–335.001,56417
Steers450–500Medium and Large 1-2490293.00/cwt293.00–293.001,4368
Steers500–550Medium and Large 1509317.00/cwt317.00–317.001,61411
Steers500–550Medium and Large 1-2528289.33/cwt285.00–291.001,52832
Steers550–600Medium and Large 1564306.75/cwt301.00–310.001,73061
Steers550–600Medium and Large 1-2598260.00/cwt260.00–260.001,55512
Steers600–650Medium and Large 1Unweaned601283.30/cwt282.50–290.001,70356
Steers650–700Medium and Large 1Fancy659299.75/cwt299.75–299.751,975181
Steers700–750Medium and Large 1Unweaned739265.00/cwt265.00–265.001,95886
Steers750–800Medium and Large 1-2781235.00/cwt235.00–235.001,83520
Steers750–800Medium and Large 1791266.25/cwt266.25–266.252,10645
Steers850–900Medium and Large 1851259.25/cwt259.25–259.252,20671
Steers850–900Medium and Large 1-2855230.00/cwt230.00–230.001,9675
Steers900–950Medium and Large 1939247.38/cwt247.00–247.752,323328
Steers1000–1050Medium and Large 11,014239.13/cwt237.00–240.252,425186
Feeder Cattle · Heifers15 lots · lightest first
Heifers350–400Medium and Large 1392323.00/cwt323.00–323.001,26612
Heifers450–500Medium and Large 1473298.19/cwt295.50–303.001,41034
Heifers500–550Medium and Large 1-2522257.00/cwt257.00–257.001,3426
Heifers500–550Medium and Large 1532293.45/cwt289.00–295.001,56177
Heifers550–600Medium and Large 1553266.00/cwt266.00–266.001,47141
Heifers600–650Medium and Large 1Fancy621288.00/cwt288.00–288.001,788120
Heifers700–750Medium and Large 1-2732230.00/cwt230.00–230.001,68451
Heifers750–800Medium and Large 1-2794225.83/cwt223.00–226.001,793188
Heifers800–850Medium and Large 1845229.00/cwt229.00–229.001,9356
Heifers850–900Medium and Large 1Spayed855224.00/cwt224.00–224.001,91538
Heifers850–900Medium and Large 1884228.50/cwt228.50–228.502,0205
Heifers900–950Medium and Large 1930217.28/cwt215.00–220.002,02113
Heifers950–1000Medium and Large 1982225.50/cwt225.50–225.502,21423
Heifers1050–1100Medium and Large 1Fleshy1,079194.00/cwt194.00–194.002,0936
Heifers1050–1100Medium and Large 11,080215.00/cwt215.00–215.002,32235

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.