Sale reports / Nebraska / Lexington / 2024-10-11

Lexington

Feeder Cattle · Lexington, Nebraska · Fri, Oct 11
● Final32 lots reportedUSDA AMS · slug 1849
Receipts
1,773 head
▼ 103 vs last sale 1,876▲ 189 vs year ago 1,584 · +11.9%
View

Reporter comment USDA

As filed

Compared to two weeks ago, steers under 600 lbs sold unevenly steady and steers over 600 lbs sold 2.00 to 3.00 higher, heifers under 600 lbs sold 2.00 to 3.00 higher except 500-550 lbs heifers sold 10.00 lower. The consignment sheet included yearling feeders and spring calves coming off their mothers all having received fall vaccinations. Demand was moderate to good from the buyers in the crowd with internet activity noticed.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $303.95/cwt on 253 head. That ranks 1 of 15 comparable sales and sits −162.66 against this barn's trailing median of $466.61.
Average price
$303.95
253 head · 547 lb average
Value per head Derived
$1,664
Price × average weight ÷ 100
Grade differential Derived
$156
per head · Medium and Large 1 over Medium and Large 1-2
$16.94/cwt at this weight
vs the market
−7.91
vs NE average
+9.64 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1549305.161,675235
Medium and Large 1-2527288.221,51918thin
One grade step is worth $16.94/cwt here — about $156 a head. Across this sale the premium is widest at 300–400 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 sale253 hd
303.95
—
NE average10 barns · 5,148 hd
311.86
−7.91
National average177 barns · 23,944 hd
294.31
+9.64
This barn, trailing median15 sales
466.61
−162.66
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

32 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
Steers350–400Medium and Large 1-2Thin Fleshed385350.00/cwt350.00–350.001,34815
Steers350–400Medium and Large 1Thin Fleshed397395.00/cwt395.00–395.001,56853
Steers400–450Medium and Large 1Fleshy434318.17/cwt315.00–319.001,38125
Steers450–500Medium and Large 1Fleshy465307.10/cwt300.00–312.001,42846
Steers450–500Medium and Large 1Thin Fleshed474350.00/cwt350.00–350.001,65952
Steers450–500Medium and Large 1479335.79/cwt333.50–339.001,60875
Steers500–550Medium and Large 1Thin Fleshed517333.00/cwt333.00–333.001,72226
Steers500–550Medium and Large 1-2527288.22/cwt286.00–291.001,51918
Steers500–550Medium and Large 1Fleshy534306.00/cwt306.00–306.001,63420
Steers550–600Medium and Large 1554303.87/cwt296.00–310.001,683167
Steers550–600Medium and Large 1Fleshy562281.25/cwt280.00–284.001,58122
Steers600–650Medium and Large 1Unweaned626284.83/cwt281.00–288.501,783163
Steers600–650Medium and Large 1Fleshy626268.50/cwt268.50–268.501,6817
Steers650–700Medium and Large 1Unweaned698264.00/cwt264.00–264.001,84332
Steers700–750Medium and Large 1-2735245.50/cwt245.50–245.501,80411
Steers750–800Medium and Large 1759268.50/cwt268.50–268.502,03816
Steers900–950Medium and Large 1917252.75/cwt252.75–252.752,31840
Steers950–1000Medium and Large 1985241.50/cwt241.50–241.502,37960
Feeder Cattle · Heifers14 lots · lightest first
Heifers300–350Medium and Large 1345340.00/cwt340.00–340.001,1738
Heifers400–450Medium and Large 1Fleshy413305.00/cwt305.00–305.001,2605
Heifers400–450Medium and Large 1-2419282.68/cwt281.00–286.001,18424
Heifers400–450Medium and Large 1442323.65/cwt319.00–327.001,43145
Heifers450–500Medium and Large 1-2453271.00/cwt271.00–271.001,22810
Heifers450–500Medium and Large 1Thin Fleshed454322.00/cwt322.00–322.001,4627
Heifers450–500Medium and Large 1475300.52/cwt298.00–304.001,42722
Heifers500–550Medium and Large 1Fleshy525264.00/cwt264.00–264.001,38616
Heifers500–550Medium and Large 1537280.38/cwt275.50–283.501,506115
Heifers550–600Medium and Large 1565269.87/cwt265.00–275.001,525153
Heifers750–800Medium and Large 1Spayed798242.00/cwt242.00–242.001,93129
Heifers850–900Medium and Large 1887232.88/cwt232.00–238.002,066144
Heifers900–950Medium and Large 1Spayed900233.00/cwt233.00–233.002,097128
Heifers1000–1050Medium and Large 11,022222.00/cwt222.00–222.002,26913

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.