Name: Bassett livestock auction prices — 2021-02-24
Creator: RaisedBeef
Published: 2021-02-24

Reporter comment USDA

As filed

Compared with last week 600 and 700 lbs steers traded 5.00 to 10.00 higher, 650 ls steers traded 3.00 lower and 600 and 700 lbs heifers traded 3.00 to 10.00 lower. Demand was good with several buyer and high internet bidding. Next Auction Date March 3rd Hall Black Angus Bull Auction and Special Bred Cow Auction

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $157.85/cwt on 2,446 head.

Average price

$157.85

2,446 head · 678 lb average

Value per head Derived

$1,070

Price × average weight ÷ 100

Grade differential Derived

−$138

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

$0.27/cwt at this weight

vs the market

+6.54

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	598	158.09	945	229
Medium and Large 1	686	157.82	1,083	2,217

One grade step is worth $0.27/cwt here — about −$138 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 sale2,446 hd

157.85

—

NE average8 barns · 15,325 hd

151.31

+6.54

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

36 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	—	818	146.50/cwt	146.50–146.50	1,198	62
Steers	Medium and Large 1Fancy	—	794	149.00/cwt	149.00–149.00	1,183	198
Heifers	Medium and Large 1	—	792	123.78/cwt	123.50–125.00	980	26
Heifers	Medium and Large 1	—	436	164.68/cwt	164.50–166.00	718	34
Heifers	Medium and Large 1	—	399	172.00/cwt	172.00–172.00	686	35
Heifers	Medium and Large 1	—	715	131.06/cwt	129.00–132.50	937	103
Heifers	Medium and Large 1Replacement	—	628	154.00/cwt	154.00–154.00	967	87
Steers	Medium and Large 1	—	890	128.37/cwt	128.25–128.50	1,142	47
Steers	Medium and Large 1	—	805	141.00/cwt	141.00–141.00	1,135	49
Steers	Medium and Large 1	—	578	170.88/cwt	166.00–175.00	988	94
Steers	Medium and Large 1	—	613	169.21/cwt	165.00–173.00	1,037	277
Steers	Medium and Large 1	—	773	142.84/cwt	135.00–145.50	1,104	308
Heifers	Medium and Large 1Replacement	—	707	166.50/cwt	166.50–166.50	1,177	81
Heifers	Medium and Large 1	—	580	152.64/cwt	144.50–158.25	885	367
Steers	Medium and Large 1	—	715	150.89/cwt	142.00–152.50	1,079	343
Steers	Medium and Large 1	—	686	154.00/cwt	148.00–158.00	1,056	555
Steers	Medium and Large 1	—	902	126.50/cwt	126.50–126.50	1,141	11
Steers	Medium and Large 1	—	441	183.15/cwt	180.00–190.00	808	16
Steers	Medium and Large 1	—	384	209.00/cwt	209.00–209.00	803	19
Heifers	Medium and Large 1	—	483	166.80/cwt	161.00–168.50	806	121
Heifers	Medium and Large 1	—	680	138.17/cwt	130.00–141.00	940	123
Heifers	Medium and Large 1	—	620	144.14/cwt	140.00–150.00	894	252
Heifers	Medium and Large 1	—	534	158.55/cwt	154.00–168.50	847	273
Steers	Medium and Large 1	—	476	197.35/cwt	187.00–206.00	939	109
Steers	Medium and Large 1	—	529	189.20/cwt	184.00–194.00	1,001	129
Steers	Medium and Large 1-2	—	475	172.68/cwt	170.00–176.00	820	17
Steers	Medium and Large 1-2	—	434	175.55/cwt	174.00–177.00	762	23
Heifers	Medium and Large 1-2	—	681	128.50/cwt	128.50–128.50	875	15
Heifers	Medium and Large 1-2	—	463	163.20/cwt	163.00–163.50	756	18
Heifers	Medium and Large 1-2	—	572	142.74/cwt	136.00–145.00	816	28
Heifers	Medium and Large 1-2	—	637	136.58/cwt	132.50–138.00	870	109
Steers	Medium and Large 1-2	—	527	175.10/cwt	170.50–180.00	923	51
Steers	Medium and Large 1-2	—	613	158.23/cwt	154.00–159.00	970	64
Heifers	Medium and Large 1-2	—	545	144.00/cwt	144.00–144.00	785	10
Steers	Medium and Large 1-2	—	695	132.22/cwt	131.00–137.00	919	34
Steers	Medium and Large 1-2	—	729	141.95/cwt	140.00–143.00	1,035	40

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 Feb 24, 2021

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

Receipts 4,400Last week 2,200Year ago 2,610

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
62	—	818	146.50	146.50
198	—	794	149.00	149.00
Steers — Medium and Large 1$ per cwt · actual wt
47	—	890	128.25–128.50	128.37
49	—	805	141.00	141.00
94	—	578	166.00–175.00	170.88
277	—	613	165.00–173.00	169.21
308	—	773	135.00–145.50	142.84
343	—	715	142.00–152.50	150.89
555	—	686	148.00–158.00	154.00
11	—	902	126.50	126.50
16	—	441	180.00–190.00	183.15
19	—	384	209.00	209.00
109	—	476	187.00–206.00	197.35
129	—	529	184.00–194.00	189.20
Steers — Medium and Large 1-2$ per cwt · actual wt
17	—	475	170.00–176.00	172.68
23	—	434	174.00–177.00	175.55
51	—	527	170.50–180.00	175.10
64	—	613	154.00–159.00	158.23
34	—	695	131.00–137.00	132.22
40	—	729	140.00–143.00	141.95
Heifers — Medium and Large 1$ per cwt · actual wt
26	—	792	123.50–125.00	123.78
34	—	436	164.50–166.00	164.68
35	—	399	172.00	172.00
103	—	715	129.00–132.50	131.06
367	—	580	144.50–158.25	152.64
121	—	483	161.00–168.50	166.80
123	—	680	130.00–141.00	138.17
252	—	620	140.00–150.00	144.14
273	—	534	154.00–168.50	158.55
Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt
87	—	628	154.00	154.00
81	—	707	166.50	166.50
Heifers — Medium and Large 1-2$ per cwt · actual wt
15	—	681	128.50	128.50
18	—	463	163.00–163.50	163.20
28	—	572	136.00–145.00	142.74
109	—	637	132.50–138.00	136.58
10	—	545	144.00	144.00

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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Feed & Hay — the cost side, cash not futures

Cows & Bred Stock — the rebuild market

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