Name: Bassett livestock auction prices — 2020-05-13
Creator: RaisedBeef
Published: 2020-05-13

Reporter comment USDA

As filed

Compared with two weeks ago 550 to 650 lbs steers traded 5.00 to 9.00 higher and no comparable offerings for heifers. Demand was good with several buyers and high internet bidding. Next Auction Date May 27th Special Feeder Cattle, Bred Cows and Pairs

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $154.61/cwt on 970 head.

Average price

$154.61

970 head · 664 lb average

Value per head Derived

$1,027

Price × average weight ÷ 100

Grade differential Derived

$113

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

$11.64/cwt at this weight

vs the market

+14.19

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	667	155.78	1,038	873
Medium and Large 1-2	642	144.14	925	97

One grade step is worth $11.64/cwt here — about $113 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 sale970 hd

154.61

—

NE average5 barns · 3,061 hd

140.42

+14.19

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

18 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	—	426	164.00/cwt	164.00–164.00	699	22
Heifers	Medium and Large 1	—	575	141.75/cwt	141.25–142.75	815	77
Heifers	Medium and Large 1	—	665	121.96/cwt	121.00–125.00	811	21
Heifers	Medium and Large 1	—	622	137.35/cwt	136.50–138.00	854	29
Heifers	Medium and Large 1-2	—	380	171.00/cwt	171.00–171.00	650	12
Heifers	Medium and Large 1	—	331	173.00/cwt	173.00–173.00	573	13
Heifers	Medium and Large 1	—	522	145.87/cwt	141.00–151.25	761	28
Heifers	Medium and Large 1Unweaned	—	531	136.50/cwt	136.50–136.50	725	7
Steers	Medium and Large 1	—	701	152.00/cwt	152.00–152.00	1,066	28
Steers	Medium and Large 1	—	685	156.35/cwt	154.00–157.25	1,071	114
Steers	Medium and Large 1	—	634	163.56/cwt	160.00–170.50	1,037	232
Steers	Medium and Large 1-2	—	714	128.32/cwt	123.00–135.00	916	60
Steers	Medium and Large 1	—	815	121.64/cwt	118.00–129.75	991	101
Steers	Medium and Large 1	—	580	171.31/cwt	166.25–175.25	994	221
Steers	Medium and Large 1-2	—	596	156.00/cwt	156.00–156.00	930	20
Steers	Medium and Large 1	—	521	173.42/cwt	170.00–177.00	904	43
Steers	Medium and Large 1	—	778	137.05/cwt	132.25–139.50	1,066	134
Steers	Medium and Large 1-2	—	441	186.00/cwt	186.00–186.00	820	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 13, 2020

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

Receipts 1,420Last week 4,190Year ago 0

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
22	—	426	164.00	164.00
77	—	575	141.25–142.75	141.75
21	—	665	121.00–125.00	121.96
29	—	622	136.50–138.00	137.35
13	—	331	173.00	173.00
28	—	522	141.00–151.25	145.87
Heifers — Medium and Large 1-2$ per cwt · actual wt
12	—	380	171.00	171.00
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
7	—	531	136.50	136.50
Steers — Medium and Large 1$ per cwt · actual wt
28	—	701	152.00	152.00
114	—	685	154.00–157.25	156.35
232	—	634	160.00–170.50	163.56
101	—	815	118.00–129.75	121.64
221	—	580	166.25–175.25	171.31
43	—	521	170.00–177.00	173.42
134	—	778	132.25–139.50	137.05
Steers — Medium and Large 1-2$ per cwt · actual wt
60	—	714	123.00–135.00	128.32
20	—	596	156.00	156.00
17	—	441	186.00	186.00

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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