Name: Bassett livestock auction prices — 2019-05-08
Creator: RaisedBeef
Published: 2019-05-08

Reporter comment USDA

As filed

A limited number of comparable offering from two weeks ago with 550 lbs steers trading 2.00 lower and 500 to 650 lbs heifers trading steady to 6.00 higher. Demand was moderate to good with active bidding from the internet on lighter weight cattle weaned and non-weaned. Weather conditions today in the Sandhills, raining and cold.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $176.71/cwt on 762 head.

Average price

$176.71

762 head · 604 lb average

Value per head Derived

$1,067

Price × average weight ÷ 100

Grade differential Derived

$70

per head · Medium and Large 1 over Medium and Large 1-2

$2.83/cwt at this weight

vs the market

+17.44

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	605	176.83	1,070	729
Medium and Large 1-2	575	174.00	1,000	33

One grade step is worth $2.83/cwt here — about $70 a head. Across this sale the premium is widest at 0–100 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 0–100 lb

Same class and week · spot auction only

This sale762 hd

176.71

—

NE average3 barns · 2,678 hd

159.27

+17.44

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

25 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.

Class	Grade / description	Weight	Avg wt	Price	Range	Per head	Head
Steers	Medium and Large 1-2	—	562	176.50/cwt	176.50–176.50	992	28
Steers	Medium and Large 1-2	—	647	160.00/cwt	160.00–160.00	1,035	5
Steers	Medium and Large 1Unweaned	—	387	195.00/cwt	195.00–195.00	755	8
Steers	Medium and Large 1Thin Fleshed	—	658	181.50/cwt	181.50–181.50	1,194	78
Steers	Medium and Large 1Thin Fleshed	—	528	189.75/cwt	189.75–189.75	1,002	62
Steers	Medium and Large 1Thin Fleshed	—	707	164.00/cwt	164.00–164.00	1,159	39
Steers	Medium and Large 1Thin Fleshed	—	604	183.00/cwt	183.00–183.00	1,105	35
Steers	Medium and Large 1Thin Fleshed	—	448	199.50/cwt	199.50–199.50	894	29
Steers	Medium and Large 1	—	591	186.44/cwt	181.00–191.00	1,102	131
Steers	Medium and Large 1	—	519	178.45/cwt	171.00–183.00	926	87
Steers	Medium and Large 1	—	745	150.86/cwt	147.00–154.50	1,124	76
Steers	Medium and Large 1	—	667	167.43/cwt	160.50–174.00	1,117	76
Steers	Medium and Large 1	—	609	172.40/cwt	162.00–178.00	1,050	62
Steers	Medium and Large 1	—	482	179.87/cwt	175.00–185.00	867	37
Steers	Medium and Large 1	—	773	151.00/cwt	151.00–151.00	1,167	9
Heifers	Medium and Large 1-2	—	633	148.70/cwt	147.00–149.50	941	27
Heifers	Medium and Large 1-2	—	579	157.00/cwt	157.00–157.00	909	7
Heifers	Medium and Large 1	—	577	162.35/cwt	160.50–169.00	937	136
Heifers	Medium and Large 1	—	632	160.29/cwt	158.00–161.00	1,013	123
Heifers	Medium and Large 1	—	677	149.82/cwt	142.00–154.75	1,014	106
Heifers	Medium and Large 1	—	520	165.67/cwt	161.00–172.50	861	88
Heifers	Medium and Large 1	—	716	140.58/cwt	134.00–144.75	1,007	81
Heifers	Medium and Large 1	—	483	167.16/cwt	163.50–170.00	807	52
Heifers	Medium and Large 1	—	409	170.89/cwt	169.00–172.00	699	35
Heifers	Medium and Large 1	—	794	131.25/cwt	131.25–131.25	1,042	17

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.

Nebraska feeder prices, every weight →Every state and region →

Bassett Livestock Auction - Bassett, NE

Wed May 8, 2019

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Kearney, NE (LS-WH)

Receipts 1,710Last week 5,310Year ago 0

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
28	—	562	176.50	176.50
5	—	647	160.00	160.00
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
8	—	387	195.00	195.00
Steers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
78	—	658	181.50	181.50
62	—	528	189.75	189.75
39	—	707	164.00	164.00
35	—	604	183.00	183.00
29	—	448	199.50	199.50
Steers — Medium and Large 1$ per cwt · actual wt
131	—	591	181.00–191.00	186.44
87	—	519	171.00–183.00	178.45
76	—	745	147.00–154.50	150.86
76	—	667	160.50–174.00	167.43
62	—	609	162.00–178.00	172.40
37	—	482	175.00–185.00	179.87
9	—	773	151.00	151.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
27	—	633	147.00–149.50	148.70
7	—	579	157.00	157.00
Heifers — Medium and Large 1$ per cwt · actual wt
136	—	577	160.50–169.00	162.35
123	—	632	158.00–161.00	160.29
106	—	677	142.00–154.75	149.82
88	—	520	161.00–172.50	165.67
81	—	716	134.00–144.75	140.58
52	—	483	163.50–170.00	167.16
35	—	409	169.00–172.00	170.89
17	—	794	131.25	131.25

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.

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