Sale reports / Nebraska / Lexington / 2024-11-15

Lexington

Feeder Cattle · Lexington, Nebraska · Fri, Nov 15
● Final42 lots reportedUSDA AMS · slug 1849
Receipts
2,742 head
▲ 1,238 vs last sale 1,504▲ 63 vs year ago 2,679 · +2.4%
View

Reporter comment USDA

As filed

Nice offering of yearlings and weaned spring calves along with bawling spring calves on offer. Compared to last week steer and heifers calves under 600 lbs sold steady to 10.00 higher. Demand was moderate to good from the buyers in the crowd with internet buying noticed.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $310.58/cwt on 412 head. That ranks 1 of 15 comparable sales and sits −156.03 against this barn's trailing median of $466.61.
Average price
$310.58
412 head · 554 lb average
Value per head Derived
$1,720
Price × average weight ÷ 100
Grade differential Derived
$193
per head · Medium and Large 1 over Medium and Large 1-2
$37.85/cwt at this weight
vs the market
−10.12
vs NE average
+5.14 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1554311.771,726399
Medium and Large 1-2559273.921,53213thin
One grade step is worth $37.85/cwt here — about $193 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 sale412 hd
310.58
—
NE average9 barns · 3,822 hd
320.70
−10.12
National average190 barns · 31,255 hd
305.44
+5.14
This barn, trailing median15 sales
466.61
−156.03
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

42 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 · Steers25 lots · lightest first
Steers350–400Medium and Large 1-2390336.00/cwt336.00–336.001,31020
Steers400–450Medium and Large 1417359.93/cwt346.00–366.001,50170
Steers450–500Medium and Large 1470351.54/cwt343.00–358.001,652137
Steers450–500Medium and Large 1-2490302.50/cwt302.50–302.501,4827
Steers500–550Medium and Large 1523318.10/cwt307.00–324.501,664102
Steers500–550Medium and Large 1-2541285.00/cwt285.00–285.001,5427
Steers550–600Medium and Large 1564309.60/cwt293.50–322.501,746297
Steers550–600Medium and Large 1-2581261.00/cwt261.00–261.001,5166
Steers600–650Medium and Large 1600309.75/cwt309.75–309.751,85960
Steers600–650Medium and Large 1-2610260.20/cwt255.00–265.001,58719
Steers600–650Medium and Large 1Unweaned625286.50/cwt277.25–302.001,791238
Steers600–650Medium and Large 1-2Unweaned632268.00/cwt268.00–268.001,6947
Steers650–700Medium and Large 1Unweaned676264.67/cwt263.50–265.001,78933
Steers650–700Medium and Large 1-2Unweaned691256.00/cwt256.00–256.001,7695
Steers650–700Medium and Large 1692285.50/cwt285.50–285.501,97680
Steers700–750Medium and Large 1Unweaned712264.00/cwt264.00–264.001,88010
Steers700–750Medium and Large 1742266.10/cwt266.10–266.101,97425
Steers750–800Medium and Large 1751266.75/cwt266.75–266.752,00335
Steers750–800Medium and Large 1-2756245.00/cwt245.00–245.001,85238
Steers750–800Medium and Large 1-2Fleshy768234.00/cwt234.00–234.001,7978
Steers800–850Medium and Large 1800266.50/cwt266.50–266.502,13215
Steers800–850Medium and Large 1Unweaned803251.00/cwt251.00–251.002,0165
Steers850–900Medium and Large 1-2854238.00/cwt238.00–238.002,0337
Steers900–950Medium and Large 1910267.85/cwt267.85–267.852,437185
Steers950–1000Medium and Large 1972255.50/cwt255.50–255.502,483444
Feeder Cattle · Heifers17 lots · lightest first
Heifers300–350Medium and Large 1321375.00/cwt375.00–375.001,2045
Heifers350–400Medium and Large 1382327.00/cwt323.00–330.001,24952
Heifers400–450Medium and Large 1-2402285.00/cwt285.00–285.001,1465
Heifers400–450Medium and Large 1438316.56/cwt297.00–327.001,387111
Heifers450–500Medium and Large 1488297.91/cwt279.00–307.501,45462
Heifers500–550Medium and Large 1524285.85/cwt271.00–291.001,498123
Heifers550–600Medium and Large 1564278.75/cwt260.00–288.001,57253
Heifers550–600Medium and Large 1-2575241.00/cwt241.00–241.001,38612
Heifers600–650Medium and Large 1Unweaned621266.76/cwt251.00–276.001,657105
Heifers650–700Medium and Large 1-2671231.00/cwt231.00–231.001,55027
Heifers650–700Medium and Large 1Unweaned679246.50/cwt246.50–246.501,6748
Heifers700–750Medium and Large 1-2711230.00/cwt230.00–230.001,63529
Heifers700–750Medium and Large 1724241.06/cwt237.50–244.501,74523
Heifers700–750Medium and Large 1Unweaned745236.50/cwt236.50–236.501,7629
Heifers750–800Medium and Large 1-2Spayed782233.00/cwt233.00–233.001,8229
Heifers950–1000Medium and Large 1997223.50/cwt223.50–223.502,2288
Heifers1000–1050Medium and Large 11,041215.00/cwt215.00–215.002,2387

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.