Name: Bassett livestock auction prices — 2020-01-08
Creator: RaisedBeef
Published: 2020-01-08

Reporter comment USDA

As filed

First big show of the year. No recent test of market, a trend will not be given for steers or heifers. Demand was good all day with several buyers and high internet bidding. Next Auction Dates for Jan 15th, 22nd, and 29th. Jan 11th at 12 pm Orton Ranch Red Angus Bull and Bred Heifer Auction followed by Special Bred Cow and Bred Heifer Auction

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $175.90/cwt on 4,475 head.

Average price

$175.90

4,475 head · 607 lb average

Value per head Derived

$1,068

Price × average weight ÷ 100

Grade differential Derived

$128

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

$12.07/cwt at this weight

vs the market

+10.62

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	613	177.75	1,089	3,780
Medium 1-2	401	171.00	686	18thin
Medium and Large 1-2	580	165.68	961	677

One grade step is worth $12.07/cwt here — about $128 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 sale4,475 hd

175.90

—

NE average9 barns · 17,536 hd

165.28

+10.62

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

31 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 1Fancy	—	625	184.50/cwt	184.50–184.50	1,153	94
Steers	Medium and Large 1Fancy	—	677	180.38/cwt	180.25–180.50	1,221	161
Steers	Medium and Large 1Fancy	—	557	193.07/cwt	191.00–195.25	1,075	165
Heifers	Medium and Large 1	—	704	144.00/cwt	144.00–144.00	1,014	25
Heifers	Medium and Large 1	—	794	135.75/cwt	135.75–135.75	1,078	59
Heifers	Medium and Large 1	—	405	178.38/cwt	176.00–180.00	722	62
Heifers	Medium and Large 1	—	657	143.32/cwt	141.00–145.00	942	159
Heifers	Medium and Large 1	—	609	149.41/cwt	147.00–150.25	910	255
Heifers	Medium and Large 1	—	533	164.65/cwt	154.00–168.00	878	417
Steers	Medium and Large 1	—	573	181.80/cwt	174.00–188.00	1,042	565
Steers	Medium and Large 1	—	627	168.88/cwt	162.00–177.50	1,059	849
Steers	Medium 1-2	—	401	171.00/cwt	171.00–171.00	686	18
Steers	Medium and Large 1	—	424	196.41/cwt	182.00–207.00	833	104
Steers	Medium and Large 1-2	—	518	176.53/cwt	174.00–180.00	914	54
Steers	Medium and Large 1	—	798	148.25/cwt	148.25–148.25	1,183	15
Steers	Medium and Large 1-2	—	656	153.84/cwt	143.50–158.25	1,009	173
Steers	Medium and Large 1	—	520	195.02/cwt	188.00–200.00	1,014	206
Steers	Medium and Large 1	—	485	212.52/cwt	191.50–217.25	1,031	389
Steers	Medium and Large 1	—	717	161.86/cwt	155.75–164.25	1,161	560
Steers	Medium and Large 1-2	—	437	188.01/cwt	183.50–196.00	822	91
Steers	Medium and Large 1	—	665	165.80/cwt	160.00–170.00	1,103	672
Steers	Medium and Large 1-2	—	591	163.28/cwt	151.00–170.00	965	306
Steers	Medium and Large 1-2	—	381	195.00/cwt	195.00–195.00	743	12
Steers	Medium and Large 1-2	—	462	185.00/cwt	185.00–185.00	855	13
Steers	Medium and Large 1-2	—	717	150.05/cwt	149.50–151.00	1,076	28
Heifers	Medium and Large 1-2	—	428	159.08/cwt	158.00–160.00	681	29
Heifers	Medium and Large 1-2	—	567	148.00/cwt	148.00–148.00	839	40
Heifers	Medium and Large 1	—	478	164.97/cwt	161.50–169.50	789	424
Heifers	Medium and Large 1	—	570	156.45/cwt	153.50–164.00	892	438
Heifers	Medium and Large 1-2	—	489	154.00/cwt	154.00–154.00	753	8
Heifers	Medium and Large 1-2	—	600	139.50/cwt	139.50–139.50	837	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 Jan 8, 2020

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

Receipts 6,865Last week 0Year ago 0

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
94	—	625	184.50	184.50
161	—	677	180.25–180.50	180.38
165	—	557	191.00–195.25	193.07
Steers — Medium and Large 1$ per cwt · actual wt
565	—	573	174.00–188.00	181.80
849	—	627	162.00–177.50	168.88
104	—	424	182.00–207.00	196.41
15	—	798	148.25	148.25
206	—	520	188.00–200.00	195.02
389	—	485	191.50–217.25	212.52
560	—	717	155.75–164.25	161.86
672	—	665	160.00–170.00	165.80
Steers — Medium 1-2$ per cwt · actual wt
18	—	401	171.00	171.00
Steers — Medium and Large 1-2$ per cwt · actual wt
54	—	518	174.00–180.00	176.53
173	—	656	143.50–158.25	153.84
91	—	437	183.50–196.00	188.01
306	—	591	151.00–170.00	163.28
12	—	381	195.00	195.00
13	—	462	185.00	185.00
28	—	717	149.50–151.00	150.05
Heifers — Medium and Large 1$ per cwt · actual wt
25	—	704	144.00	144.00
59	—	794	135.75	135.75
62	—	405	176.00–180.00	178.38
159	—	657	141.00–145.00	143.32
255	—	609	147.00–150.25	149.41
417	—	533	154.00–168.00	164.65
424	—	478	161.50–169.50	164.97
438	—	570	153.50–164.00	156.45
Heifers — Medium and Large 1-2$ per cwt · actual wt
29	—	428	158.00–160.00	159.08
40	—	567	148.00	148.00
8	—	489	154.00	154.00
19	—	600	139.50	139.50

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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