Name: Bassett livestock auction prices — 2020-07-22
Creator: RaisedBeef
Published: 2020-07-22

Reporter comment USDA

As filed

Compared with two weeks ago 500 to 950 lbs Steers traded steady to 10.00 higher and 1000 lbs steers traded 2.00 lower, heifer offerings 500 to 650 lbs traded steady to 5.00 lower. Demand was good with several buyers and high internet bidding. Warmer weather in the area with scattered showers around the Sandhills. Next Auction Date WEDNESDAY, AUGUST 12 – SPECIAL FALL CALF, YEARLING, & BRED COW AUCTION, WEIGH UPS 9 A.M.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $147.84/cwt on 4,011 head.

Average price

$147.84

4,011 head · 823 lb average

Value per head Derived

$1,216

Price × average weight ÷ 100

Grade differential Derived

−$224

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

$16.25/cwt at this weight

vs the market

+1.70

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	615	163.16	1,003	231
Medium and Large 1	835	146.91	1,227	3,780

One grade step is worth $16.25/cwt here — about −$224 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 sale4,011 hd

147.84

—

NE average4 barns · 5,629 hd

146.15

+1.70

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

29 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	—	642	160.25/cwt	160.25–160.25	1,029	20
Steers	Medium and Large 1	—	632	170.70/cwt	167.00–172.85	1,079	354
Steers	Medium and Large 1	—	565	178.74/cwt	177.00–181.50	1,010	116
Steers	Medium and Large 1-2	—	687	145.24/cwt	145.00–146.00	998	29
Steers	Medium and Large 1	—	1,039	127.85/cwt	126.00–134.10	1,328	459
Steers	Medium and Large 1	—	524	185.02/cwt	181.00–188.25	970	182
Steers	Medium and Large 1-2	—	770	145.44/cwt	143.00–146.50	1,120	33
Steers	Medium and Large 1	—	874	142.77/cwt	135.50–149.50	1,248	689
Steers	Medium and Large 1	—	830	142.91/cwt	137.50–146.50	1,186	222
Steers	Medium and Large 1-2	—	488	172.29/cwt	168.00–173.50	841	35
Steers	Medium and Large 1	—	986	130.14/cwt	127.00–133.00	1,283	729
Steers	Medium and Large 1	—	666	164.70/cwt	155.00–168.50	1,097	278
Steers	Medium and Large 1	—	441	173.00/cwt	173.00–173.00	763	6
Steers	Medium and Large 1-2	—	580	171.97/cwt	171.50–173.25	997	92
Steers	Medium and Large 1-2	—	740	143.00/cwt	143.00–143.00	1,058	7
Steers	Medium and Large 1	—	727	155.61/cwt	149.00–162.25	1,131	311
Steers	Medium and Large 1	—	471	179.02/cwt	177.00–187.00	843	22
Steers	Medium and Large 1-2	—	548	174.73/cwt	174.50–175.00	958	15
Steers	Medium and Large 1	—	927	136.17/cwt	130.25–139.00	1,262	318
Steers	Medium and Large 1	—	761	152.81/cwt	151.75–153.00	1,163	94
Heifers	Medium and Large 1	—	620	152.93/cwt	145.00–155.00	948	218
Heifers	Medium and Large 1	—	445	167.50/cwt	167.50–167.50	745	8
Heifers	Medium and Large 1	—	673	144.66/cwt	139.75–148.00	974	238
Heifers	Medium and Large 1	—	770	138.85/cwt	137.50–139.25	1,069	35
Heifers	Medium and Large 1-2	—	584	149.00/cwt	149.00–149.00	870	5
Heifers	Medium and Large 1	—	810	133.68/cwt	130.50–136.00	1,083	57
Heifers	Medium and Large 1	—	565	158.21/cwt	152.00–164.00	894	91
Heifers	Medium and Large 1	—	727	143.78/cwt	141.00–145.00	1,045	91
Heifers	Medium and Large 1	—	530	160.98/cwt	153.50–167.00	853	174

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 22, 2020

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

Receipts 5,210Last week 8,006Year ago 4,940

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
20	—	642	160.25	160.25
29	—	687	145.00–146.00	145.24
33	—	770	143.00–146.50	145.44
35	—	488	168.00–173.50	172.29
92	—	580	171.50–173.25	171.97
7	—	740	143.00	143.00
15	—	548	174.50–175.00	174.73
Steers — Medium and Large 1$ per cwt · actual wt
354	—	632	167.00–172.85	170.70
116	—	565	177.00–181.50	178.74
459	—	1,039	126.00–134.10	127.85
182	—	524	181.00–188.25	185.02
689	—	874	135.50–149.50	142.77
222	—	830	137.50–146.50	142.91
729	—	986	127.00–133.00	130.14
278	—	666	155.00–168.50	164.70
6	—	441	173.00	173.00
311	—	727	149.00–162.25	155.61
22	—	471	177.00–187.00	179.02
318	—	927	130.25–139.00	136.17
94	—	761	151.75–153.00	152.81
Heifers — Medium and Large 1$ per cwt · actual wt
218	—	620	145.00–155.00	152.93
8	—	445	167.50	167.50
238	—	673	139.75–148.00	144.66
35	—	770	137.50–139.25	138.85
57	—	810	130.50–136.00	133.68
91	—	565	152.00–164.00	158.21
91	—	727	141.00–145.00	143.78
174	—	530	153.50–167.00	160.98
Heifers — Medium and Large 1-2$ per cwt · actual wt
5	—	584	149.00	149.00

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

More

Bassett