Name: Bassett livestock auction prices — 2020-11-11
Creator: RaisedBeef
Published: 2020-11-11

Reporter comment USDA

As filed

A limited number of comparable offerings from last week, with 600 lbs steers trading steady. Demand was good with active internet bidding. Warmer weather in the area after freezing rain and snow first part of the week. Next Action Dates for Nov 18th and 25th

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $165.70/cwt on 2,094 head.

Average price

$165.70

2,094 head · 574 lb average

Value per head Derived

$951

Price × average weight ÷ 100

Grade differential Derived

$94

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

$5.59/cwt at this weight

vs the market

−1.16

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	577	166.21	960	1,905
Medium and Large 1-2	539	160.62	866	189

One grade step is worth $5.59/cwt here — about $94 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 sale2,094 hd

165.70

—

NE average11 barns · 14,897 hd

166.86

−1.16

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

21 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	—	390	185.40/cwt	184.00–186.00	723	16
Steers	Medium and Large 1	—	513	174.24/cwt	163.00–178.50	894	369
Steers	Medium and Large 1	—	668	159.20/cwt	155.50–163.25	1,063	349
Steers	Medium and Large 1	—	491	183.66/cwt	183.00–184.25	902	153
Steers	Medium and Large 1	—	583	162.13/cwt	156.00–167.00	945	486
Steers	Medium and Large 1	—	620	157.11/cwt	151.00–163.25	974	386
Steers	Medium and Large 1	—	425	192.93/cwt	184.00–196.50	820	105
Steers	Medium and Large 1	—	707	146.50/cwt	146.50–146.50	1,036	41
Heifers	Medium and Large 1	—	483	151.56/cwt	151.00–153.00	732	112
Heifers	Medium and Large 1	—	622	142.36/cwt	133.00–147.50	885	85
Heifers	Medium and Large 1	—	536	153.32/cwt	149.75–155.00	822	69
Heifers	Medium and Large 1	—	427	159.33/cwt	157.50–160.00	680	56
Heifers	Medium and Large 1	—	560	150.89/cwt	149.50–152.50	845	48
Heifers	Medium and Large 1	—	378	163.50/cwt	163.50–163.50	618	19
Steers	Medium and Large 1-2	—	424	177.00/cwt	177.00–177.00	750	12
Heifers	Medium and Large 1-2	—	546	142.00/cwt	142.00–142.00	775	19
Heifers	Medium and Large 1-2	—	472	144.00/cwt	144.00–144.00	680	19
Heifers	Medium and Large 1-2	—	598	133.00/cwt	133.00–133.00	795	18
Steers	Medium and Large 1-2	—	536	160.00/cwt	160.00–160.00	858	111
Steers	Medium and Large 1-2	—	471	166.31/cwt	161.00–177.00	783	36
Steers	Medium and Large 1-2	—	678	149.55/cwt	146.00–151.50	1,014	30

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 Nov 11, 2020

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

Receipts 2,890Last week 650Year ago 1,675

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
16	—	390	184.00–186.00	185.40
369	—	513	163.00–178.50	174.24
349	—	668	155.50–163.25	159.20
153	—	491	183.00–184.25	183.66
486	—	583	156.00–167.00	162.13
386	—	620	151.00–163.25	157.11
105	—	425	184.00–196.50	192.93
41	—	707	146.50	146.50
Steers — Medium and Large 1-2$ per cwt · actual wt
12	—	424	177.00	177.00
111	—	536	160.00	160.00
36	—	471	161.00–177.00	166.31
30	—	678	146.00–151.50	149.55
Heifers — Medium and Large 1$ per cwt · actual wt
112	—	483	151.00–153.00	151.56
85	—	622	133.00–147.50	142.36
69	—	536	149.75–155.00	153.32
56	—	427	157.50–160.00	159.33
48	—	560	149.50–152.50	150.89
19	—	378	163.50	163.50
Heifers — Medium and Large 1-2$ per cwt · actual wt
19	—	546	142.00	142.00
19	—	472	144.00	144.00
18	—	598	133.00	133.00

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