Name: Bassett livestock auction prices — 2019-07-24
Creator: RaisedBeef
Published: 2019-07-24

Reporter comment USDA

As filed

Compared with two weeks ago, steers and heifers traded unevenly steady. Demand was very good with several buyers today. Cooler weather in the area. Next Auction: Aug 7th Special Fall Calf, Yearling and Bred Cow Auction

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $162.38/cwt on 2,747 head.

Average price

$162.38

2,747 head · 786 lb average

Value per head Derived

$1,276

Price × average weight ÷ 100

Grade differential Derived

−$263

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

$0.93/cwt at this weight

vs the market

+0.13

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1-2	627	163.28	1,024	113
Medium and Large 1	793	162.34	1,287	2,634

One grade step is worth $0.93/cwt here — about −$263 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 sale2,747 hd

162.38

—

NE average2 barns · 2,769 hd

162.25

+0.13

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

39 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
Heifers	Medium and Large 1	—	476	169.89/cwt	162.00–174.50	809	67
Heifers	Medium and Large 1	—	522	171.48/cwt	165.50–177.00	895	148
Steers	Medium and Large 1-2	—	882	138.50/cwt	138.50–138.50	1,222	11
Steers	Medium and Large 1	—	975	145.77/cwt	144.75–147.50	1,421	942
Steers	Medium and Large 1	—	518	191.76/cwt	185.00–196.00	993	112
Steers	Medium and Large 1	—	1,054	135.00/cwt	135.00–135.00	1,423	11
Heifers	Medium and Large 1Unweaned	—	508	163.00/cwt	163.00–163.00	828	9
Heifers	Medium and Large 1	—	773	142.93/cwt	138.50–146.50	1,105	162
Heifers	Medium and Large 1	—	1,012	115.00/cwt	115.00–115.00	1,164	20
Steers	Medium and Large 1-2	—	591	154.00/cwt	154.00–154.00	910	21
Steers	Medium and Large 1Value Added	—	857	157.75/cwt	157.75–157.75	1,352	52
Steers	Medium and Large 1	—	880	146.64/cwt	144.00–150.25	1,290	124
Steers	Medium and Large 1	—	434	189.25/cwt	185.00–195.00	821	25
Heifers	Medium and Large 1-2	—	640	145.00/cwt	145.00–145.00	928	5
Heifers	Medium and Large 1	—	718	146.51/cwt	144.50–148.00	1,052	164
Heifers	Medium and Large 1	—	427	176.15/cwt	173.00–182.00	752	46
Steers	Medium and Large 1-2	—	621	165.36/cwt	161.00–168.00	1,027	70
Steers	Medium and Large 1Value Added	—	765	165.50/cwt	165.50–165.50	1,266	63
Steers	Medium and Large 1	—	582	186.40/cwt	175.00–190.00	1,085	143
Steers	Medium and Large 1	—	495	196.70/cwt	186.00–200.75	974	42
Heifers	Medium and Large 1-2	—	662	146.00/cwt	146.00–146.00	967	8
Heifers	Medium and Large 1	—	882	139.75/cwt	134.75–142.75	1,233	188
Steers	Medium and Large 1Value Added	—	685	174.75/cwt	174.75–174.75	1,197	71
Steers	Medium and Large 1	—	689	164.27/cwt	158.00–168.00	1,132	162
Steers	Medium and Large 1	—	814	149.63/cwt	148.00–150.50	1,218	63
Heifers	Medium and Large 1-2	—	572	151.00/cwt	151.00–151.00	864	13
Heifers	Medium and Large 1	—	578	165.41/cwt	160.00–171.00	956	307
Heifers	Medium and Large 1	—	623	160.69/cwt	150.50–164.00	1,001	130
Steers	Medium and Large 1Unweaned	—	546	179.00/cwt	179.00–179.00	977	7
Steers	Medium and Large 1	—	922	145.12/cwt	140.75–146.25	1,338	173
Steers	Medium and Large 1	—	769	153.59/cwt	150.00–161.00	1,181	87
Heifers	Medium and Large 1-2	—	845	136.50/cwt	136.50–136.50	1,153	13
Heifers	Medium and Large 1	—	826	142.63/cwt	136.75–146.00	1,178	648
Heifers	Medium and Large 1	—	682	152.09/cwt	145.50–155.50	1,037	130
Steers	Medium and Large 1-2	—	480	192.50/cwt	192.50–192.50	924	11
Steers	Medium and Large 1	—	623	176.91/cwt	171.25–184.00	1,102	296
Steers	Medium and Large 1	—	708	168.65/cwt	155.00–172.50	1,194	106
Steers	Medium and Large 1Fancy	—	526	209.47/cwt	208.50–210.00	1,102	155
Heifers	Medium and Large 1Replacement	—	805	149.75/cwt	149.75–149.75	1,205	57

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 Jul 24, 2019

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

Receipts 4,940Last week 7,650Year ago 0

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
67	—	476	162.00–174.50	169.89
148	—	522	165.50–177.00	171.48
162	—	773	138.50–146.50	142.93
20	—	1,012	115.00	115.00
164	—	718	144.50–148.00	146.51
46	—	427	173.00–182.00	176.15
188	—	882	134.75–142.75	139.75
307	—	578	160.00–171.00	165.41
130	—	623	150.50–164.00	160.69
648	—	826	136.75–146.00	142.63
130	—	682	145.50–155.50	152.09
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
9	—	508	163.00	163.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
5	—	640	145.00	145.00
8	—	662	146.00	146.00
13	—	572	151.00	151.00
13	—	845	136.50	136.50
Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt
57	—	805	149.75	149.75
Steers — Medium and Large 1-2$ per cwt · actual wt
11	—	882	138.50	138.50
21	—	591	154.00	154.00
70	—	621	161.00–168.00	165.36
11	—	480	192.50	192.50
Steers — Medium and Large 1$ per cwt · actual wt
942	—	975	144.75–147.50	145.77
112	—	518	185.00–196.00	191.76
11	—	1,054	135.00	135.00
124	—	880	144.00–150.25	146.64
25	—	434	185.00–195.00	189.25
143	—	582	175.00–190.00	186.40
42	—	495	186.00–200.75	196.70
162	—	689	158.00–168.00	164.27
63	—	814	148.00–150.50	149.63
173	—	922	140.75–146.25	145.12
87	—	769	150.00–161.00	153.59
296	—	623	171.25–184.00	176.91
106	—	708	155.00–172.50	168.65
Steers — Medium and Large 1 · Value Added$ per cwt · actual wt
52	—	857	157.75	157.75
63	—	765	165.50	165.50
71	—	685	174.75	174.75
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
7	—	546	179.00	179.00
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
155	—	526	208.50–210.00	209.47

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.

Feeder Cattle — prices, barns, and planning

Fed Cattle — the cash market and what quality pays

Beef & Retail — from the box to the grocery shelf

Feed & Hay — the cost side, cash not futures

Cows & Bred Stock — the rebuild market

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