Name: Bassett livestock auction prices — 2020-02-26
Creator: RaisedBeef
Published: 2020-02-26

Reporter comment USDA

As filed

A limited number of comparable offerings from last week, 500 lbs steers traded 1.00 lower and 800 lbs steers traded 9.00 lower, 500 to 650 lbs heifers traded 2.00 to 9.00 lower. Demand was moderate to good with an active internet bidding. Next Auction Dates: Monday, March 2nd Arrowsmith Red Angus Bull & Replacement Auction, and Wed. March 4th Hall Ranch Bull Auction and Special Bred Cow Auction

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $153.56/cwt on 1,409 head.

Average price

$153.56

1,409 head · 591 lb average

Value per head Derived

$907

Price × average weight ÷ 100

Grade differential Derived

$94

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

$15.55/cwt at this weight

vs the market

+5.75

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	592	154.49	915	1,293
Medium 1-2	536	152.01	815	38
Medium and Large 1-2	591	138.94	821	78

One grade step is worth $15.55/cwt here — about $94 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 sale1,409 hd

153.56

—

NE average8 barns · 10,242 hd

147.81

+5.75

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

35 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	—	522	166.53/cwt	157.00–178.00	869	76
Steers	Medium and Large 1-2	—	485	179.00/cwt	179.00–179.00	868	16
Steers	Medium and Large 1	—	536	186.33/cwt	178.00–190.50	999	193
Steers	Medium and Large 1	—	678	151.56/cwt	150.50–153.00	1,028	64
Steers	Medium and Large 1	—	421	189.73/cwt	183.00–194.00	799	29
Steers	Medium and Large 1	—	348	190.50/cwt	190.50–190.50	663	8
Steers	Medium and Large 1-2	—	629	161.72/cwt	160.00–166.00	1,017	135
Steers	Medium and Large 1-2	—	705	136.00/cwt	136.00–136.00	959	17
Heifers	Medium and Large 1-2	—	512	148.57/cwt	148.00–149.00	761	30
Heifers	Medium and Large 1-2	—	609	135.00/cwt	135.00–135.00	822	11
Heifers	Medium and Large 1Replacement	—	671	182.50/cwt	182.50–182.50	1,225	69
Heifers	Medium and Large 1	—	522	163.63/cwt	153.50–167.00	854	182
Heifers	Medium and Large 1	—	482	162.98/cwt	158.00–169.00	786	56
Steers	Medium and Large 1-2	—	404	168.00/cwt	168.00–168.00	679	6
Steers	Medium and Large 1	—	711	151.25/cwt	151.25–151.25	1,075	87
Steers	Medium and Large 1	—	459	194.80/cwt	186.00–200.00	894	45
Steers	Medium and Large 1	—	560	184.00/cwt	184.00–184.00	1,030	10
Steers	Medium 1-2	—	624	151.00/cwt	151.00–151.00	942	24
Steers	Medium and Large 1-2	—	557	174.00/cwt	173.00–177.00	969	32
Steers	Medium and Large 1-2	—	652	145.00/cwt	145.00–145.00	945	8
Steers	Medium and Large 1	—	801	135.25/cwt	132.00–136.50	1,083	104
Steers	Medium and Large 1	—	644	174.29/cwt	173.00–181.00	1,122	48
Steers	Medium and Large 1	—	776	134.63/cwt	133.00–136.00	1,045	15
Steers	Medium and Large 1	—	381	187.00/cwt	187.00–187.00	712	6
Heifers	Medium 1-2	—	536	152.01/cwt	150.00–152.50	815	38
Heifers	Medium and Large 1-2	—	727	124.78/cwt	124.00–125.00	907	18
Heifers	Medium and Large 1Replacement	—	702	161.00/cwt	161.00–161.00	1,130	80
Heifers	Medium and Large 1	—	638	143.25/cwt	138.00–149.50	914	287
Heifers	Medium and Large 1	—	422	162.45/cwt	160.00–165.00	686	78
Heifers	Medium and Large 1	—	359	165.00/cwt	165.00–165.00	592	5
Heifers	Medium and Large 1-2	—	577	139.43/cwt	139.00–140.00	805	19
Heifers	Medium and Large 1Replacement	—	625	168.00/cwt	168.00–168.00	1,050	86
Heifers	Medium and Large 1	—	575	151.07/cwt	143.50–158.00	869	321
Heifers	Medium and Large 1	—	652	139.32/cwt	134.00–140.75	908	117
Heifers	Medium and Large 1	—	760	127.00/cwt	127.00–127.00	965	12

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 Feb 26, 2020

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

Receipts 2,610Last week 3,455Year 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
76	—	522	157.00–178.00	166.53
16	—	485	179.00	179.00
135	—	629	160.00–166.00	161.72
17	—	705	136.00	136.00
6	—	404	168.00	168.00
32	—	557	173.00–177.00	174.00
8	—	652	145.00	145.00
Steers — Medium and Large 1$ per cwt · actual wt
193	—	536	178.00–190.50	186.33
64	—	678	150.50–153.00	151.56
29	—	421	183.00–194.00	189.73
8	—	348	190.50	190.50
87	—	711	151.25	151.25
45	—	459	186.00–200.00	194.80
10	—	560	184.00	184.00
104	—	801	132.00–136.50	135.25
48	—	644	173.00–181.00	174.29
15	—	776	133.00–136.00	134.63
6	—	381	187.00	187.00
Steers — Medium 1-2$ per cwt · actual wt
24	—	624	151.00	151.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
30	—	512	148.00–149.00	148.57
11	—	609	135.00	135.00
18	—	727	124.00–125.00	124.78
19	—	577	139.00–140.00	139.43
Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt
69	—	671	182.50	182.50
80	—	702	161.00	161.00
86	—	625	168.00	168.00
Heifers — Medium and Large 1$ per cwt · actual wt
182	—	522	153.50–167.00	163.63
56	—	482	158.00–169.00	162.98
287	—	638	138.00–149.50	143.25
78	—	422	160.00–165.00	162.45
5	—	359	165.00	165.00
321	—	575	143.50–158.00	151.07
117	—	652	134.00–140.75	139.32
12	—	760	127.00	127.00
Heifers — Medium 1-2$ per cwt · actual wt
38	—	536	150.00–152.50	152.01

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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