Name: Bassett livestock auction prices — 2019-08-21
Creator: RaisedBeef
Published: 2019-08-21

Reporter comment USDA

As filed

A limited number of comparable offering from two weeks ago with 750 lbs steers trading 3.00 lower. No comparable offering for heifers. Demand was good with several buyers and high internet activity. Cooler weather in the area with more rain in the Sandhills.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $140.42/cwt on 1,224 head.

Average price

$140.42

1,224 head · 743 lb average

Value per head Derived

$1,044

Price × average weight ÷ 100

Grade differential Derived

−$209

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

$3.69/cwt at this weight

vs the market

+3.44

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1-2	588	143.89	847	73
Medium and Large 1	753	140.20	1,056	1,151

One grade step is worth $3.69/cwt here — about −$209 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 sale1,224 hd

140.42

—

NE average2 barns · 2,637 hd

136.98

+3.44

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

41 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	—	493	166.00/cwt	166.00–166.00	818	11
Steers	Medium and Large 1	—	766	158.20/cwt	154.50–160.00	1,212	121
Steers	Medium and Large 1	—	534	170.22/cwt	168.00–174.00	909	46
Heifers	Medium and Large 1-2	—	539	147.42/cwt	146.00–148.50	795	16
Heifers	Medium and Large 1Spayed	—	796	139.75/cwt	139.75–139.75	1,112	35
Heifers	Medium and Large 1	—	619	142.92/cwt	141.00–145.00	885	60
Heifers	Medium and Large 1	—	429	164.00/cwt	164.00–164.00	704	5
Steers	Medium and Large 1-2	—	561	161.50/cwt	161.50–161.50	906	28
Steers	Medium and Large 1	—	667	159.80/cwt	156.00–162.75	1,066	171
Steers	Medium and Large 1	—	913	140.00/cwt	140.00–140.00	1,278	63
Heifers	Medium and Large 1-2	—	578	144.00/cwt	144.00–144.00	832	17
Heifers	Medium and Large 1Spayed	—	840	139.25/cwt	139.25–139.25	1,170	140
Heifers	Medium and Large 1	—	518	154.65/cwt	150.00–161.00	801	75
Heifers	Medium and Large 1	—	847	134.00/cwt	134.00–134.00	1,135	9
Steers	Medium and Large 1-2	—	793	148.48/cwt	147.75–149.00	1,177	29
Steers	Medium and Large 1Natural	—	666	169.50/cwt	169.50–169.50	1,129	12
Steers	Medium and Large 1	—	874	144.00/cwt	144.00–144.00	1,259	64
Steers	Medium and Large 1Fancy	—	710	166.25/cwt	166.25–166.25	1,180	90
Heifers	Medium and Large 1Spayed	—	860	137.25/cwt	137.25–137.25	1,180	140
Heifers	Medium and Large 1	—	925	129.58/cwt	128.75–131.00	1,199	105
Heifers	Medium and Large 1	—	995	126.75/cwt	126.75–126.75	1,261	15
Steers	Medium and Large 1-2	—	619	156.67/cwt	149.00–161.50	970	35
Steers	Medium and Large 1Natural	—	842	146.00/cwt	146.00–146.00	1,229	12
Steers	Medium and Large 1	—	715	157.38/cwt	156.00–160.00	1,125	85
Steers	Medium and Large 1	—	479	179.00/cwt	179.00–179.00	857	6
Heifers	Medium and Large 1-2	—	615	138.50/cwt	138.50–138.50	852	11
Cow-Calf Pairs	Medium and Large 1	—	1,460	1,850.00/cwt	1,850.00–1,850.00	27,010	8
Heifers	Medium and Large 1	—	568	148.16/cwt	147.00–154.00	842	139
Heifers	Medium and Large 1	—	470	161.95/cwt	156.00–166.00	761	22
Steers	Medium and Large 1Natural	—	718	157.25/cwt	157.25–157.25	1,129	38
Steers	Medium and Large 1	—	608	171.48/cwt	169.50–176.00	1,043	107
Steers	Medium and Large 1	—	426	189.00/cwt	189.00–189.00	805	7
Heifers	Medium and Large 1-2	—	486	156.49/cwt	154.00–160.00	761	14
Heifers	Medium and Large 1	—	665	142.99/cwt	135.50–145.75	951	149
Heifers	Medium and Large 1	—	716	140.13/cwt	138.50–140.75	1,003	34
Steers	Medium and Large 1-2	—	538	160.50/cwt	160.50–160.50	863	6
Steers	Medium and Large 1	—	567	168.59/cwt	165.00–174.00	956	110
Heifers	Medium and Large 1	—	791	132.87/cwt	129.00–136.00	1,051	40
Heifers	Medium and Large 1	—	868	134.00/cwt	129.50–135.00	1,163	183
Heifers	Medium and Large 1-2	—	729	132.21/cwt	128.00–136.00	964	15
Steers	Medium and Large 1	—	817	142.22/cwt	140.00–145.25	1,162	19

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 Aug 21, 2019

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

Feeder CattleReceipts 1,670Last week 2,000Year ago 0

Replacement CattleReceipts 0Last week 0Year 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
11	—	493	166.00	166.00
28	—	561	161.50	161.50
29	—	793	147.75–149.00	148.48
35	—	619	149.00–161.50	156.67
6	—	538	160.50	160.50
Steers — Medium and Large 1$ per cwt · actual wt
121	—	766	154.50–160.00	158.20
46	—	534	168.00–174.00	170.22
171	—	667	156.00–162.75	159.80
63	—	913	140.00	140.00
64	—	874	144.00	144.00
85	—	715	156.00–160.00	157.38
6	—	479	179.00	179.00
107	—	608	169.50–176.00	171.48
7	—	426	189.00	189.00
110	—	567	165.00–174.00	168.59
19	—	817	140.00–145.25	142.22
Steers — Medium and Large 1 · Natural$ per cwt · actual wt
12	—	666	169.50	169.50
12	—	842	146.00	146.00
38	—	718	157.25	157.25
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
90	—	710	166.25	166.25
Heifers — Medium and Large 1-2$ per cwt · actual wt
16	—	539	146.00–148.50	147.42
17	—	578	144.00	144.00
11	—	615	138.50	138.50
14	—	486	154.00–160.00	156.49
15	—	729	128.00–136.00	132.21
Heifers — Medium and Large 1 · Spayed$ per cwt · actual wt
35	—	796	139.75	139.75
140	—	840	139.25	139.25
140	—	860	137.25	137.25
Heifers — Medium and Large 1$ per cwt · actual wt
60	—	619	141.00–145.00	142.92
5	—	429	164.00	164.00
75	—	518	150.00–161.00	154.65
9	—	847	134.00	134.00
105	—	925	128.75–131.00	129.58
15	—	995	126.75	126.75
139	—	568	147.00–154.00	148.16
22	—	470	156.00–166.00	161.95
149	—	665	135.50–145.75	142.99
34	—	716	138.50–140.75	140.13
40	—	791	129.00–136.00	132.87
183	—	868	129.50–135.00	134.00

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 1$ per cwt · actual wt
Young (2-4 yrs)	Open	8	—	1,460	1,850.00	1,850.00

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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