Name: Bassett livestock auction prices — 2021-01-06
Creator: RaisedBeef
Published: 2021-01-06

Reporter comment USDA

As filed

First Sale of the New Year for Bassett Livestock Auction. Demand was very good with several buyers in the seats and out of state bidders. Cooler weather in the area. Next Auction Dates for Jan 13th and 20th Special Feeder Cattle Auctions

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $163.48/cwt on 3,334 head.

Average price

$163.48

3,334 head · 625 lb average

Value per head Derived

$1,022

Price × average weight ÷ 100

Grade differential Derived

$69

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

$12.69/cwt at this weight

vs the market

+11.22

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	624	165.33	1,032	2,848
Medium and Large 1-2	631	152.64	963	486

One grade step is worth $12.69/cwt here — about $69 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 sale3,334 hd

163.48

—

NE average5 barns · 11,958 hd

152.26

+11.22

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

26 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	—	679	145.25/cwt	144.50–150.00	986	155
Steers	Medium and Large 1-2	—	754	135.25/cwt	135.25–135.25	1,020	39
Steers	Medium and Large 1-2	—	581	153.74/cwt	153.00–157.00	893	26
Steers	Medium and Large 1-2	—	478	173.12/cwt	172.00–175.00	828	13
Steers	Medium and Large 1-2	—	540	170.52/cwt	162.00–172.76	921	133
Steers	Medium and Large 1-2	—	631	148.03/cwt	145.50–153.25	934	89
Steers	Medium and Large 1-2	—	732	138.49/cwt	136.00–139.50	1,014	31
Heifers	Medium and Large 1	—	618	143.89/cwt	143.00–145.00	889	194
Steers	Medium and Large 1	—	436	197.50/cwt	197.50–197.50	861	16
Steers	Medium and Large 1	—	580	170.35/cwt	163.50–173.75	988	555
Heifers	Medium and Large 1	—	575	152.53/cwt	146.00–155.00	877	279
Steers	Medium and Large 1	—	662	160.31/cwt	150.25–165.50	1,061	485
Steers	Medium and Large 1	—	626	160.79/cwt	152.50–165.50	1,007	454
Steers	Medium and Large 1	—	533	183.16/cwt	180.00–187.50	976	309
Steers	Medium and Large 1	—	484	186.37/cwt	178.00–192.50	902	139
Steers	Medium and Large 1	—	819	140.25/cwt	140.25–140.25	1,149	70
Heifers	Medium and Large 1Replacement	—	623	153.54/cwt	152.00–157.00	957	261
Heifers	Medium and Large 1Replacement	—	700	139.00/cwt	139.00–139.00	973	80
Steers	Medium and Large 1	—	718	148.67/cwt	140.00–150.50	1,067	538
Steers	Medium and Large 1	—	769	142.00/cwt	142.00–142.00	1,092	75
Heifers	Medium and Large 1	—	475	169.21/cwt	160.00–174.00	804	132
Heifers	Medium and Large 1	—	533	158.95/cwt	157.00–160.25	847	79
Heifers	Medium and Large 1	—	692	131.98/cwt	126.00–136.00	913	74
Heifers	Medium and Large 1	—	439	168.87/cwt	162.00–170.50	741	29
Steers	Medium and Large 1Fancy	—	468	205.50/cwt	205.50–205.50	962	109
Steers	Medium and Large 1Fancy	—	600	174.00/cwt	174.00–174.00	1,044	98

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 Jan 6, 2021

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

Receipts 4,730Last week 2,185Year ago 6,865

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
155	—	679	144.50–150.00	145.25
39	—	754	135.25	135.25
26	—	581	153.00–157.00	153.74
13	—	478	172.00–175.00	173.12
133	—	540	162.00–172.76	170.52
89	—	631	145.50–153.25	148.03
31	—	732	136.00–139.50	138.49
Steers — Medium and Large 1$ per cwt · actual wt
16	—	436	197.50	197.50
555	—	580	163.50–173.75	170.35
485	—	662	150.25–165.50	160.31
454	—	626	152.50–165.50	160.79
309	—	533	180.00–187.50	183.16
139	—	484	178.00–192.50	186.37
70	—	819	140.25	140.25
538	—	718	140.00–150.50	148.67
75	—	769	142.00	142.00
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
109	—	468	205.50	205.50
98	—	600	174.00	174.00
Heifers — Medium and Large 1$ per cwt · actual wt
194	—	618	143.00–145.00	143.89
279	—	575	146.00–155.00	152.53
132	—	475	160.00–174.00	169.21
79	—	533	157.00–160.25	158.95
74	—	692	126.00–136.00	131.98
29	—	439	162.00–170.50	168.87
Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt
261	—	623	152.00–157.00	153.54
80	—	700	139.00	139.00

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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