Name: Bassett livestock auction prices — 2020-10-07
Creator: RaisedBeef
Published: 2020-10-07

Reporter comment USDA

As filed

Compared with two weeks ago 850 to 1000 lbs steers traded steady to 4.00 higher, 800 and 900 lbs spayed heifers traded unevenly steady, 900 lbs heifers traded 3.00 higher. Demand was good with several buyers. Next Auction Dates for Oct 14th and 21st

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $142.26/cwt on 2,405 head.

Average price

$142.26

2,405 head · 943 lb average

Value per head Derived

$1,341

Price × average weight ÷ 100

Grade differential Derived

−$608

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

$7.79/cwt at this weight

vs the market

−12.17

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	491	150.00	737	15thin
Medium and Large 1	945	142.21	1,344	2,390

One grade step is worth $7.79/cwt here — about −$608 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 sale2,405 hd

142.26

—

NE average10 barns · 17,529 hd

154.43

−12.17

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

27 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	—	673	139.00/cwt	139.00–139.00	935	13
Heifers	Medium and Large 1	—	548	149.50/cwt	149.50–149.50	819	8
Heifers	Medium and Large 1	—	897	134.50/cwt	134.50–134.50	1,206	24
Heifers	Medium and Large 1	—	1,018	129.00/cwt	129.00–129.00	1,313	24
Heifers	Medium and Large 1	—	734	138.39/cwt	135.50–142.00	1,016	46
Heifers	Medium and Large 1	—	629	154.50/cwt	154.50–154.50	972	62
Heifers	Medium and Large 1	—	956	133.00/cwt	133.00–133.00	1,271	64
Heifers	Medium and Large 1	—	919	136.01/cwt	132.25–137.25	1,250	137
Heifers	Medium and Large 1	—	810	137.85/cwt	135.00–140.75	1,117	146
Heifers	Medium and Large 1Spayed	—	768	142.36/cwt	141.25–144.00	1,093	300
Heifers	Medium and Large 1Spayed	—	955	131.51/cwt	127.00–132.50	1,256	34
Heifers	Medium and Large 1Spayed	—	866	139.92/cwt	139.50–141.00	1,212	248
Steers	Medium and Large 1	—	1,026	136.94/cwt	134.25–137.50	1,405	447
Steers	Medium and Large 1	—	599	153.50/cwt	153.50–153.50	919	9
Steers	Medium and Large 1	—	740	152.50/cwt	152.50–152.50	1,129	16
Heifers	Medium and Large 1Spayed	—	919	134.61/cwt	132.75–137.00	1,237	254
Steers	Medium and Large 1	—	938	144.66/cwt	140.75–147.50	1,357	650
Steers	Medium and Large 1	—	971	139.91/cwt	133.50–142.60	1,359	790
Heifers	Medium and Large 1-2	—	783	132.00/cwt	132.00–132.00	1,034	12
Heifers	Medium and Large 1-2	—	894	130.00/cwt	130.00–130.00	1,162	19
Heifers	Medium and Large 1-2Spayed	—	791	136.00/cwt	136.00–136.00	1,076	24
Heifers	Medium and Large 1Spayed	—	839	139.89/cwt	139.50–140.25	1,174	271
Steers	Medium and Large 1	—	837	140.34/cwt	139.00–145.50	1,175	63
Steers	Medium and Large 1	—	863	148.07/cwt	141.00–150.25	1,278	366
Steers	Medium and Large 1	—	779	148.22/cwt	145.00–151.75	1,155	49
Steers	Medium and Large 1-2	—	491	150.00/cwt	150.00–150.00	737	15
Heifers	Medium and Large 1-2	—	954	129.00/cwt	129.00–129.00	1,231	7

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 Oct 7, 2020

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

Receipts 3,960Last week 3,680Year ago 3,700

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
13	—	673	139.00	139.00
8	—	548	149.50	149.50
24	—	897	134.50	134.50
24	—	1,018	129.00	129.00
46	—	734	135.50–142.00	138.39
62	—	629	154.50	154.50
64	—	956	133.00	133.00
137	—	919	132.25–137.25	136.01
146	—	810	135.00–140.75	137.85
Heifers — Medium and Large 1 · Spayed$ per cwt · actual wt
300	—	768	141.25–144.00	142.36
34	—	955	127.00–132.50	131.51
248	—	866	139.50–141.00	139.92
254	—	919	132.75–137.00	134.61
271	—	839	139.50–140.25	139.89
Heifers — Medium and Large 1-2$ per cwt · actual wt
12	—	783	132.00	132.00
19	—	894	130.00	130.00
7	—	954	129.00	129.00
Heifers — Medium and Large 1-2 · Spayed$ per cwt · actual wt
24	—	791	136.00	136.00
Steers — Medium and Large 1$ per cwt · actual wt
447	—	1,026	134.25–137.50	136.94
9	—	599	153.50	153.50
16	—	740	152.50	152.50
650	—	938	140.75–147.50	144.66
790	—	971	133.50–142.60	139.91
63	—	837	139.00–145.50	140.34
366	—	863	141.00–150.25	148.07
49	—	779	145.00–151.75	148.22
Steers — Medium and Large 1-2$ per cwt · actual wt
15	—	491	150.00	150.00

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.

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