Sale reports / Nebraska / Bassett / 2026-05-27

Bassett

Feeder Cattle · Bassett, Nebraska · Wed, May 27
● Final29 lots reportedUSDA AMS · slug 1852
Receipts
3,200 head
1,653 vs last sale 1,547 208 vs year ago 2,992 · +7.0%
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Reporter comment USDA

As filed

Its been three weeks since the last feeder auction a trend will not be given for steers or heifers. Demand was good with several buyers and active internet bidding, for the weaned Fall calves and yearling offerings today. Still very dry conditions in the Sandhills with scattered showers in the area but not a measurable difference to help the drought conditions. Some offerings in town today do to grass shortage. Next Auction Dates June 10th and 24th

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $508.26/cwt on 260 head, down $0.41 from the prior sale. That ranks 9 of 13 comparable sales and sits +5.41 against this barn's trailing median of $502.85.
Average price
$508.26
0.41 vs prior sale
260 head · 560 lb average
Value per head Derived
$2,848
Price × average weight ÷ 100
Grade differential Derived
$164
per head · Medium and Large 1 over Medium and Large 1-2
$41.74/cwt at this weight
vs the market
+4.97
vs NE average
+47.89 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1559511.312,859241
Medium and Large 1-2574469.572,69519thin
One grade step is worth $41.74/cwt here — about $164 a head. Across this sale the premium is widest at 600–700 lb. USDA reports each grade on its own line and never publishes the spread.

This barn's trailing prices 500–600 lb

13 sales
538497456415median 502.8501/0702/0404/2206/2408/19
Steers 500–600 lb: high $523.82, low $428.50, median $502.85 across 13 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

How it compared 500–600 lb

Same class and week · spot auction only
This sale260 hd
508.26
NE average2 barns · 374 hd
503.29
+4.97
National average128 barns · 4,767 hd
460.37
+47.89
This barn, trailing median13 sales
502.85
+5.41
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Every lot, as filed

29 lots · USDA AMS · Bassett Livestock Auction - Bassett, NE
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
SteersMedium and Large 1Fancy550–600566526.00/cwt526.00–526.002,97764
HeifersMedium and Large 1750–800768330.00/cwt330.00–330.002,53411
HeifersMedium and Large 1450–500479496.44/cwt482.50–517.502,37812
HeifersMedium and Large 1600–650614429.18/cwt420.00–442.502,63586
HeifersMedium and Large 1500–550519483.59/cwt477.50–492.502,510130
HeifersMedium and Large 1850–900893345.41/cwt333.00–346.503,085136
SteersMedium and Large 1850–900890356.37/cwt346.50–360.503,17292
SteersMedium and Large 1450–500474533.12/cwt530.00–537.502,52716
HeifersMedium and Large 1550–600573465.88/cwt444.00–478.002,669143
SteersMedium and Large 1800–850837377.93/cwt360.00–381.253,163138
HeifersMedium and Large 1650–700662403.98/cwt392.00–423.002,67464
SteersMedium and Large 1500–550526525.58/cwt519.00–536.002,76578
SteersMedium and Large 1950–1000954344.00/cwt344.00–344.003,28224
SteersMedium and Large 1550–600581490.56/cwt481.00–515.002,85099
HeifersMedium and Large 1700–750720379.48/cwt371.25–402.502,73266
SteersMedium and Large 1700–750714428.43/cwt414.00–431.003,059291
HeifersMedium and Large 1800–850815363.01/cwt362.75–364.252,959338
HeifersMedium and Large 1-2500–550534465.43/cwt457.50–472.502,48519
SteersMedium and Large 1-2600–650647420.00/cwt420.00–420.002,71717
SteersMedium and Large 1-2700–750733401.00/cwt401.00–401.002,93921
SteersMedium and Large 1900–950906357.78/cwt347.00–361.003,241192
HeifersMedium and Large 1-2600–650629402.50/cwt402.50–402.502,53221
SteersMedium and Large 1750–800782392.13/cwt378.00–407.003,066206
HeifersMedium and Large 1-2700–750712358.98/cwt352.50–367.502,55621
SteersMedium and Large 1-2650–700681412.50/cwt412.50–412.502,8095
SteersMedium and Large 1-2550–600574469.57/cwt467.50–472.502,69519
HeifersMedium and Large 1-2550–600591425.00/cwt425.00–425.002,51215
SteersMedium and Large 1650–700684446.03/cwt441.00–460.003,051185
SteersMedium and Large 1600–650627480.94/cwt452.50–487.253,015342

How this sale compares

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.