Name: Bassett livestock auction prices — 2020-06-24
Creator: RaisedBeef
Published: 2020-06-24

Reporter comment USDA

As filed

No recent test of market for an accurate comparison a trend will not be given. Demand was good with several buyers and high internet bidding. Next Auction date July 8th for the Annual BBQ Fall Calf and Yearling Auction. Watch internet for start time.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $159.49/cwt on 2,641 head.

Average price

$159.49

2,641 head · 657 lb average

Value per head Derived

$1,048

Price × average weight ÷ 100

Grade differential Derived

$67

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

$10.38/cwt at this weight

vs the market

+5.33

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	657	159.92	1,051	2,532
Medium and Large 1-2	658	149.54	984	109

One grade step is worth $10.38/cwt here — about $67 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 sale2,641 hd

159.49

—

NE average4 barns · 4,744 hd

154.16

+5.33

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

48 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 1Unweaned	—	535	165.00/cwt	165.00–165.00	883	32
Steers	Medium and Large 1	—	442	180.28/cwt	174.50–183.00	797	41
Steers	Medium and Large 1	—	577	169.84/cwt	167.00–173.00	980	291
Heifers	Medium and Large 1Unweaned	—	380	170.50/cwt	170.50–170.50	648	12
Heifers	Medium and Large 1-2	—	583	140.95/cwt	140.50–142.00	822	23
Heifers	Medium and Large 1Unweaned	—	414	162.00/cwt	162.00–162.00	671	7
Heifers	Medium and Large 1	—	527	155.22/cwt	147.25–159.75	818	271
Heifers	Medium and Large 1	—	818	126.89/cwt	125.00–127.25	1,038	82
Heifers	Medium and Large 1-2	—	636	141.42/cwt	140.25–141.75	899	66
Heifers	Medium and Large 1	—	578	149.78/cwt	145.00–157.00	866	286
Heifers	Medium and Large 1	—	850	122.58/cwt	122.35–124.25	1,042	139
Heifers	Medium and Large 1Unweaned	—	514	153.00/cwt	153.00–153.00	786	21
Heifers	Medium and Large 1	—	673	137.84/cwt	132.75–143.50	928	307
Heifers	Medium and Large 1	—	770	128.86/cwt	123.50–129.50	992	166
Steers	Medium and Large 1-2	—	726	140.00/cwt	140.00–140.00	1,016	21
Steers	Medium and Large 1Unweaned	—	404	176.00/cwt	176.00–176.00	711	11
Steers	Medium and Large 1	—	624	167.15/cwt	162.50–170.50	1,043	441
Steers	Medium and Large 1	—	769	138.11/cwt	131.00–141.00	1,062	95
Steers	Medium and Large 1-2	—	694	148.50/cwt	148.50–148.50	1,031	33
Steers	Medium and Large 1Unweaned	—	650	154.00/cwt	154.00–154.00	1,001	12
Steers	Medium and Large 1Natural	—	538	178.00/cwt	178.00–178.00	958	41
Steers	Medium and Large 1	—	831	133.09/cwt	130.00–134.25	1,106	138
Steers	Medium and Large 1-2	—	620	154.24/cwt	150.00–158.00	956	41
Steers	Medium and Large 1Unweaned	—	568	163.50/cwt	163.50–163.50	929	17
Steers	Medium and Large 1Natural	—	644	174.00/cwt	174.00–174.00	1,121	80
Steers	Medium and Large 1	—	684	156.15/cwt	154.50–158.75	1,068	275
Steers	Medium and Large 1	—	480	179.36/cwt	175.50–182.50	861	39
Heifers	Medium and Large 1	—	385	169.11/cwt	168.00–170.00	651	20
Heifers	Medium and Large 1	—	733	132.78/cwt	129.00–135.50	973	240
Heifers	Medium and Large 1Natural	—	629	169.00/cwt	169.00–169.00	1,063	80
Heifers	Medium and Large 1-2	—	678	129.70/cwt	129.00–131.25	879	22
Heifers	Medium and Large 1	—	346	168.00/cwt	168.00–168.00	581	7
Heifers	Medium and Large 1	—	476	162.78/cwt	157.00–167.50	775	194
Heifers	Medium and Large 1Natural	—	567	172.00/cwt	172.00–172.00	975	76
Heifers	Medium and Large 1-2	—	515	145.50/cwt	145.50–145.50	749	13
Heifers	Medium and Large 1	—	447	162.00/cwt	162.00–162.00	724	6
Heifers	Medium and Large 1	—	615	151.12/cwt	146.75–153.50	929	178
Heifers	Medium and Large 1Replacement	—	603	159.25/cwt	159.25–159.25	960	90
Heifers	Medium and Large 1Unweaned	—	590	140.50/cwt	140.50–140.50	829	32
Steers	Medium and Large 1	—	916	128.44/cwt	126.00–129.75	1,177	82
Steers	Medium and Large 1	—	724	148.09/cwt	143.25–153.50	1,072	362
Steers	Medium and Large 1Unweaned	—	450	170.00/cwt	170.00–170.00	765	5
Steers	Medium and Large 1-2	—	583	152.50/cwt	152.50–152.50	889	14
Steers	Medium and Large 1	—	853	138.13/cwt	134.00–139.25	1,178	80
Steers	Medium and Large 1	—	525	173.55/cwt	168.50–180.00	911	312
Steers	Medium and Large 1Natural	—	748	164.00/cwt	164.00–164.00	1,227	80
Steers	Medium and Large 1Natural	—	653	172.00/cwt	172.00–172.00	1,123	80
Steers	Medium and Large 1Unweaned	—	642	157.00/cwt	157.00–157.00	1,008	18

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 Jun 24, 2020

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

Receipts 5,385Last week 0Year ago 5,200

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
32	—	535	165.00	165.00
11	—	404	176.00	176.00
12	—	650	154.00	154.00
17	—	568	163.50	163.50
5	—	450	170.00	170.00
18	—	642	157.00	157.00
Steers — Medium and Large 1$ per cwt · actual wt
41	—	442	174.50–183.00	180.28
291	—	577	167.00–173.00	169.84
441	—	624	162.50–170.50	167.15
95	—	769	131.00–141.00	138.11
138	—	831	130.00–134.25	133.09
275	—	684	154.50–158.75	156.15
39	—	480	175.50–182.50	179.36
82	—	916	126.00–129.75	128.44
362	—	724	143.25–153.50	148.09
80	—	853	134.00–139.25	138.13
312	—	525	168.50–180.00	173.55
Steers — Medium and Large 1-2$ per cwt · actual wt
21	—	726	140.00	140.00
33	—	694	148.50	148.50
41	—	620	150.00–158.00	154.24
14	—	583	152.50	152.50
Steers — Medium and Large 1 · Natural$ per cwt · actual wt
41	—	538	178.00	178.00
80	—	644	174.00	174.00
80	—	748	164.00	164.00
80	—	653	172.00	172.00
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
12	—	380	170.50	170.50
7	—	414	162.00	162.00
21	—	514	153.00	153.00
32	—	590	140.50	140.50
Heifers — Medium and Large 1-2$ per cwt · actual wt
23	—	583	140.50–142.00	140.95
66	—	636	140.25–141.75	141.42
22	—	678	129.00–131.25	129.70
13	—	515	145.50	145.50
Heifers — Medium and Large 1$ per cwt · actual wt
271	—	527	147.25–159.75	155.22
82	—	818	125.00–127.25	126.89
286	—	578	145.00–157.00	149.78
139	—	850	122.35–124.25	122.58
307	—	673	132.75–143.50	137.84
166	—	770	123.50–129.50	128.86
20	—	385	168.00–170.00	169.11
240	—	733	129.00–135.50	132.78
7	—	346	168.00	168.00
194	—	476	157.00–167.50	162.78
6	—	447	162.00	162.00
178	—	615	146.75–153.50	151.12
Heifers — Medium and Large 1 · Natural$ per cwt · actual wt
80	—	629	169.00	169.00
76	—	567	172.00	172.00
Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt
90	—	603	159.25	159.25

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

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