Name: Bassett livestock auction prices — 2020-10-28
Creator: RaisedBeef
Published: 2020-10-28

Reporter comment USDA

As filed

Compared with two weeks ago 550 to 600 lbs steers traded stead to 7.00 lower, 850 ad 950 lbs steers traded 7.00 to 8.00 lower. Spayed heifers 850 lbs traded 2.00 lower. Demand was moderate to good with high internet bidding. Warmer today with snow and cold weather in the area last week. Next Auction Dates for Nov: 4th Special Spring Calf and 11th Special Calves & Yearlings

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $147.87/cwt on 1,664 head.

Average price

$147.87

1,664 head · 761 lb average

Value per head Derived

$1,125

Price × average weight ÷ 100

Grade differential Derived

−$260

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

$3.16/cwt at this weight

vs the market

−6.00

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	580	150.89	875	68
Medium and Large 1	769	147.74	1,135	1,596

One grade step is worth $3.16/cwt here — about −$260 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 sale1,664 hd

147.87

—

NE average10 barns · 14,403 hd

153.86

−6.00

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

31 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 1Fancy	—	650	153.50/cwt	153.50–153.50	998	82
Steers	Medium and Large 1Fancy	—	717	153.00/cwt	153.00–153.00	1,097	74
Heifers	Medium and Large 1	—	865	125.00/cwt	125.00–125.00	1,081	8
Heifers	Medium and Large 1	—	327	165.13/cwt	164.00–166.00	540	9
Heifers	Medium and Large 1	—	692	133.50/cwt	133.50–133.50	924	13
Heifers	Medium and Large 1	—	1,045	110.00/cwt	110.00–110.00	1,150	14
Steers	Medium and Large 1	—	388	175.16/cwt	174.00–176.50	680	13
Steers	Medium and Large 1	—	912	139.00/cwt	139.00–139.00	1,268	62
Heifers	Medium and Large 1	—	950	120.00/cwt	120.00–120.00	1,140	41
Heifers	Medium and Large 1	—	396	159.75/cwt	156.50–163.00	633	18
Steers	Medium and Large 1	—	667	143.93/cwt	143.50–144.50	960	36
Steers	Medium and Large 1	—	535	163.16/cwt	155.00–165.00	873	70
Heifers	Medium and Large 1	—	532	141.97/cwt	139.00–144.00	755	214
Heifers	Medium and Large 1	—	617	136.00/cwt	136.00–136.00	839	48
Heifers	Medium and Large 1	—	483	147.37/cwt	141.00–149.00	712	227
Steers	Medium and Large 1	—	562	158.89/cwt	153.50–166.00	893	156
Steers	Medium and Large 1	—	956	136.73/cwt	135.00–138.75	1,307	121
Steers	Medium and Large 1	—	725	140.25/cwt	140.25–140.25	1,017	24
Steers	Medium and Large 1	—	884	142.22/cwt	132.50–144.00	1,257	727
Heifers	Medium and Large 1-2	—	699	132.50/cwt	132.50–132.50	926	8
Heifers	Medium and Large 1Spayed	—	855	136.00/cwt	136.00–136.00	1,163	130
Steers	Medium and Large 1-2	—	585	151.93/cwt	151.00–152.75	889	34
Steers	Medium and Large 1	—	485	169.60/cwt	163.00–176.00	823	82
Heifers	Medium and Large 1-2	—	618	129.28/cwt	128.00–130.00	799	14
Steers	Medium and Large 1	—	631	150.23/cwt	142.00–152.25	948	149
Steers	Medium and Large 1-2	—	470	161.50/cwt	161.50–161.50	759	11
Heifers	Medium and Large 1	—	563	140.73/cwt	135.00–144.00	792	59
Steers	Medium and Large 1-2	—	442	161.00/cwt	161.00–161.00	712	6
Heifers	Medium and Large 1Spayed	—	804	125.00/cwt	125.00–125.00	1,005	10
Steers	Medium and Large 1-2	—	690	138.39/cwt	137.50–139.00	955	17
Heifers	Medium and Large 1	—	419	155.72/cwt	153.00–157.75	652	57

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 28, 2020

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

Receipts 2,435Last week 3,795Year ago 3,435

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
82	—	650	153.50	153.50
74	—	717	153.00	153.00
Steers — Medium and Large 1$ per cwt · actual wt
13	—	388	174.00–176.50	175.16
62	—	912	139.00	139.00
36	—	667	143.50–144.50	143.93
70	—	535	155.00–165.00	163.16
156	—	562	153.50–166.00	158.89
121	—	956	135.00–138.75	136.73
24	—	725	140.25	140.25
727	—	884	132.50–144.00	142.22
82	—	485	163.00–176.00	169.60
149	—	631	142.00–152.25	150.23
Steers — Medium and Large 1-2$ per cwt · actual wt
34	—	585	151.00–152.75	151.93
11	—	470	161.50	161.50
6	—	442	161.00	161.00
17	—	690	137.50–139.00	138.39
Heifers — Medium and Large 1$ per cwt · actual wt
8	—	865	125.00	125.00
9	—	327	164.00–166.00	165.13
13	—	692	133.50	133.50
14	—	1,045	110.00	110.00
41	—	950	120.00	120.00
18	—	396	156.50–163.00	159.75
214	—	532	139.00–144.00	141.97
48	—	617	136.00	136.00
227	—	483	141.00–149.00	147.37
59	—	563	135.00–144.00	140.73
57	—	419	153.00–157.75	155.72
Heifers — Medium and Large 1-2$ per cwt · actual wt
8	—	699	132.50	132.50
14	—	618	128.00–130.00	129.28
Heifers — Medium and Large 1 · Spayed$ per cwt · actual wt
130	—	855	136.00	136.00
10	—	804	125.00	125.00

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

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