Name: Bassett livestock auction prices — 2020-12-02
Creator: RaisedBeef
Published: 2020-12-02

Reporter comment USDA

As filed

Compared with last weeks auction 500 to 550 lbs steers traded 5.00 higher and 500 lbs heifers traded 2.0 higher. Demand was good with an active internet bidding. Next Auction Date for Dec. 9th and 16th

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $168.14/cwt on 1,491 head.

Average price

$168.14

1,491 head · 592 lb average

Value per head Derived

$995

Price × average weight ÷ 100

Grade differential Derived

$53

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

$16.40/cwt at this weight

vs the market

+7.72

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	590	169.32	999	1,384
Medium and Large 1-2	618	152.92	946	107

One grade step is worth $16.40/cwt here — about $53 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 sale1,491 hd

168.14

—

NE average5 barns · 12,115 hd

160.42

+7.72

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

25 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	—	522	153.67/cwt	147.00–158.00	802	170
Steers	Medium and Large 1Unweaned	—	499	174.50/cwt	174.50–174.50	871	35
Steers	Medium and Large 1Fancy	—	664	169.75/cwt	169.75–169.75	1,127	106
Heifers	Medium and Large 1	—	391	164.00/cwt	164.00–164.00	641	8
Heifers	Medium and Large 1	—	443	164.00/cwt	164.00–164.00	727	8
Heifers	Medium and Large 1	—	633	135.23/cwt	130.00–140.50	856	24
Heifers	Medium and Large 1	—	459	165.96/cwt	163.00–170.00	762	81
Heifers	Medium and Large 1	—	585	150.90/cwt	141.00–152.50	883	84
Steers	Medium and Large 1	—	670	160.22/cwt	158.00–160.75	1,073	134
Steers	Medium and Large 1	—	532	176.53/cwt	169.00–185.00	939	264
Steers	Medium and Large 1	—	398	179.00/cwt	179.00–179.00	712	10
Heifers	Medium and Large 1-2	—	484	145.00/cwt	145.00–145.00	702	6
Steers	Medium and Large 1	—	612	165.79/cwt	158.50–168.00	1,015	370
Steers	Medium and Large 1-2	—	492	165.38/cwt	156.00–169.00	814	18
Steers	Medium and Large 1	—	758	148.50/cwt	148.50–148.50	1,126	24
Heifers	Medium and Large 1-2	—	438	160.00/cwt	160.00–160.00	701	7
Steers	Medium and Large 1	—	400	175.00/cwt	175.00–175.00	700	6
Steers	Medium and Large 1-2	—	586	147.49/cwt	140.00–151.00	864	16
Steers	Medium and Large 1	—	708	152.90/cwt	152.50–153.50	1,083	35
Steers	Medium and Large 1-2	—	674	150.84/cwt	145.00–154.50	1,017	39
Steers	Medium and Large 1	—	485	187.44/cwt	180.00–191.00	909	124
Steers	Medium and Large 1-2	—	737	140.00/cwt	140.00–140.00	1,032	7
Steers	Medium and Large 1	—	588	166.03/cwt	165.00–167.00	976	276
Steers	Medium and Large 1-2	—	637	151.31/cwt	150.00–152.50	964	19
Steers	Medium and Large 1-2	—	548	161.00/cwt	161.00–161.00	882	8

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 Dec 2, 2020

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

Receipts 2,035Last week 1,870Year ago 3,410

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
170	—	522	147.00–158.00	153.67
8	—	391	164.00	164.00
8	—	443	164.00	164.00
24	—	633	130.00–140.50	135.23
81	—	459	163.00–170.00	165.96
84	—	585	141.00–152.50	150.90
Heifers — Medium and Large 1-2$ per cwt · actual wt
6	—	484	145.00	145.00
7	—	438	160.00	160.00
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
35	—	499	174.50	174.50
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
106	—	664	169.75	169.75
Steers — Medium and Large 1$ per cwt · actual wt
134	—	670	158.00–160.75	160.22
264	—	532	169.00–185.00	176.53
10	—	398	179.00	179.00
370	—	612	158.50–168.00	165.79
24	—	758	148.50	148.50
6	—	400	175.00	175.00
35	—	708	152.50–153.50	152.90
124	—	485	180.00–191.00	187.44
276	—	588	165.00–167.00	166.03
Steers — Medium and Large 1-2$ per cwt · actual wt
18	—	492	156.00–169.00	165.38
16	—	586	140.00–151.00	147.49
39	—	674	145.00–154.50	150.84
7	—	737	140.00	140.00
19	—	637	150.00–152.50	151.31
8	—	548	161.00	161.00

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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