Name: Bassett livestock auction prices — 2020-07-08
Creator: RaisedBeef
Published: 2020-07-08

Reporter comment USDA

As filed

The Annual BBQ Fall Calf and Yearling Auction started the day early at 8 am with weaned fall calves followed by several load lots of Sandhill raised yearlings. Compared with two weeks ago 500 to 699 lbs steers traded steady to 4.00 higher, 700 to 949 lbs steers traded 2.00 to 9.00 higher. Heifer offerings, 550 to 699 lbs traded steady to 8.00 higher and 700 to 949 lbs offerings traded steady to 7.00 higher Demand was very good with high internet bidding with several buyers in the seat but limited watcher. 1175 head were sold on the video. Next Auction Dates for July 15th Special Bred Cow and Heifer & Pair Auction, July 22 Special Fall Calf & Yearling Auction

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $144.31/cwt on 5,641 head.

Average price

$144.31

5,641 head · 828 lb average

Value per head Derived

$1,195

Price × average weight ÷ 100

Grade differential Derived

−$199

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

$4.57/cwt at this weight

vs the market

+0.44

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	670	148.85	997	42
Medium and Large 1	829	144.28	1,196	5,599

One grade step is worth $4.57/cwt here — about −$199 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 sale5,641 hd

144.31

—

NE average2 barns · 5,922 hd

143.87

+0.44

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

34 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	—	978	118.50/cwt	118.50–118.50	1,159	156
Heifers	Medium and Large 1	—	867	123.24/cwt	122.50–127.50	1,068	414
Heifers	Medium and Large 1	—	569	158.06/cwt	154.00–160.00	899	153
Heifers	Medium and Large 1	—	784	131.58/cwt	127.50–136.50	1,032	379
Heifers	Medium and Large 1-2	—	591	151.00/cwt	151.00–151.00	892	14
Heifers	Medium and Large 1	—	613	150.92/cwt	147.00–155.50	925	141
Heifers	Medium and Large 1	—	827	131.44/cwt	129.50–133.25	1,087	293
Heifers	Medium and Large 1-2	—	433	161.00/cwt	161.00–161.00	697	12
Steers	Medium and Large 1	—	439	183.00/cwt	183.00–183.00	803	8
Steers	Medium and Large 1	—	726	149.00/cwt	147.00–155.00	1,082	300
Steers	Medium and Large 1	—	923	138.30/cwt	134.75–140.75	1,277	1,041
Steers	Medium and Large 1	—	687	160.35/cwt	156.50–162.75	1,102	260
Steers	Medium and Large 1	—	868	140.05/cwt	130.50–146.75	1,216	920
Steers	Medium and Large 1	—	539	174.35/cwt	170.00–183.00	940	181
Steers	Medium and Large 1	—	834	141.57/cwt	134.00–147.00	1,181	887
Steers	Medium and Large 1-2	—	691	148.00/cwt	148.00–148.00	1,023	27
Heifers	Medium and Large 1	—	729	140.59/cwt	138.50–141.00	1,025	132
Heifers	Medium and Large 1	—	524	164.58/cwt	163.50–166.00	862	181
Heifers	Medium and Large 1-2	—	491	164.25/cwt	164.25–164.25	806	11
Heifers	Medium and Large 1	—	471	174.98/cwt	171.50–177.00	824	38
Heifers	Medium and Large 1	—	675	143.10/cwt	140.00–146.00	966	171
Heifers	Medium and Large 1Spayed	—	824	135.81/cwt	131.25–137.10	1,119	380
Heifers	Medium and Large 1	—	437	173.68/cwt	167.00–176.00	759	31
Heifers	Medium and Large 1	—	906	120.17/cwt	119.00–122.00	1,089	157
Steers	Medium and Large 1	—	1,022	130.22/cwt	129.50–132.75	1,331	150
Steers	Medium and Large 1	—	961	129.46/cwt	124.00–138.00	1,244	619
Steers	Medium and Large 1-2	—	632	150.37/cwt	148.00–154.00	950	15
Steers	Medium and Large 1	—	572	167.50/cwt	164.50–170.50	958	60
Steers	Medium and Large 1	—	774	146.11/cwt	141.00–152.75	1,131	596
Steers	Medium and Large 1Natural	—	931	138.00/cwt	138.00–138.00	1,285	86
Steers	Medium and Large 1	—	472	184.63/cwt	182.50–187.50	871	40
Steers	Medium and Large 1	—	621	168.23/cwt	161.00–171.50	1,045	396
Heifers	Medium and Large 1Spayed	—	901	131.00/cwt	131.00–131.00	1,180	61
Steers	Medium and Large 1Natural	—	1,024	133.25/cwt	133.25–133.25	1,364	55

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 Jul 8, 2020

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

Receipts 8,006Last week 5,385Year ago 7,650

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
156	—	978	118.50	118.50
414	—	867	122.50–127.50	123.24
153	—	569	154.00–160.00	158.06
379	—	784	127.50–136.50	131.58
141	—	613	147.00–155.50	150.92
293	—	827	129.50–133.25	131.44
132	—	729	138.50–141.00	140.59
181	—	524	163.50–166.00	164.58
38	—	471	171.50–177.00	174.98
171	—	675	140.00–146.00	143.10
31	—	437	167.00–176.00	173.68
157	—	906	119.00–122.00	120.17
Heifers — Medium and Large 1-2$ per cwt · actual wt
14	—	591	151.00	151.00
12	—	433	161.00	161.00
11	—	491	164.25	164.25
Heifers — Medium and Large 1 · Spayed$ per cwt · actual wt
380	—	824	131.25–137.10	135.81
61	—	901	131.00	131.00
Steers — Medium and Large 1$ per cwt · actual wt
8	—	439	183.00	183.00
300	—	726	147.00–155.00	149.00
1,041	—	923	134.75–140.75	138.30
260	—	687	156.50–162.75	160.35
920	—	868	130.50–146.75	140.05
181	—	539	170.00–183.00	174.35
887	—	834	134.00–147.00	141.57
150	—	1,022	129.50–132.75	130.22
619	—	961	124.00–138.00	129.46
60	—	572	164.50–170.50	167.50
596	—	774	141.00–152.75	146.11
40	—	472	182.50–187.50	184.63
396	—	621	161.00–171.50	168.23
Steers — Medium and Large 1-2$ per cwt · actual wt
27	—	691	148.00	148.00
15	—	632	148.00–154.00	150.37
Steers — Medium and Large 1 · Natural$ per cwt · actual wt
86	—	931	138.00	138.00
55	—	1,024	133.25	133.25

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.

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