Name: Bassett livestock auction prices — 2021-10-27
Creator: RaisedBeef
Published: 2021-10-27

Reporter comment USDA

As filed

Compared with two weeks ago 600 to 950 lbs steers traded 2.00 to 9.00 higher with a limited number of comparable offerings for heifers a trend will not be given. Demand was good with several buyers and an active internet bidding. Next Auction Dates Nov 3rd Regular Weigh Up Auction and Nov 10th Special Calf & Yearling Auction

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $171.78/cwt on 1,823 head.

Average price

$171.78

1,823 head · 744 lb average

Value per head Derived

$1,278

Price × average weight ÷ 100

Grade differential Derived

$183

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

$12.51/cwt at this weight

vs the market

−2.85

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	747	172.55	1,289	1,710
Medium and Large 1-2	692	160.05	1,107	113

One grade step is worth $12.51/cwt here — about $183 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 sale1,823 hd

171.78

—

NE average12 barns · 17,783 hd

174.63

−2.85

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

37 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 1Fancy	—	931	161.50/cwt	161.50–161.50	1,504	66
Heifers	Medium and Large 1	—	462	164.00/cwt	164.00–164.00	758	6
Heifers	Medium and Large 1	—	718	158.64/cwt	153.00–162.50	1,139	50
Heifers	Medium and Large 1	—	624	152.06/cwt	146.00–156.00	949	53
Heifers	Medium and Large 1	—	814	156.57/cwt	154.00–160.00	1,274	60
Heifers	Medium and Large 1	—	890	160.50/cwt	160.50–160.50	1,428	69
Steers	Medium and Large 1	—	525	186.83/cwt	182.00–192.00	981	66
Steers	Medium and Large 1	—	990	161.38/cwt	161.25–161.50	1,598	121
Steers	Medium and Large 1	—	1,010	159.50/cwt	159.50–159.50	1,611	28
Steers	Medium and Large 1	—	476	200.00/cwt	200.00–200.00	952	36
Steers	Medium and Large 1-2	—	993	144.50/cwt	144.50–144.50	1,435	9
Steers	Medium and Large 1	—	826	163.54/cwt	159.50–164.75	1,351	34
Steers	Medium and Large 1	—	717	173.16/cwt	169.50–175.50	1,242	118
Steers	Medium and Large 1	—	768	161.11/cwt	160.00–161.50	1,237	30
Steers	Medium and Large 1	—	919	164.97/cwt	161.50–168.25	1,516	373
Steers	Medium and Large 1	—	878	167.19/cwt	165.25–168.25	1,468	105
Steers	Medium and Large 1-2	—	634	161.53/cwt	155.00–165.00	1,024	38
Steers	Medium and Large 1	—	446	203.00/cwt	203.00–203.00	905	10
Steers	Medium and Large 1-2	—	886	154.00/cwt	154.00–154.00	1,364	13
Heifers	Medium and Large 1Spayed	—	928	146.50/cwt	146.50–146.50	1,360	24
Steers	Medium and Large 1	—	635	179.66/cwt	171.00–185.50	1,141	379
Steers	Medium and Large 1	—	677	169.04/cwt	160.00–173.25	1,144	177
Steers	Medium and Large 1	—	587	176.65/cwt	175.25–179.00	1,037	149
Steers	Medium and Large 1-2	—	589	164.32/cwt	162.00–166.00	968	24
Steers	Medium and Large 1-2	—	546	165.00/cwt	165.00–165.00	901	5
Heifers	Medium and Large 1-2	—	762	158.50/cwt	158.50–158.50	1,208	30
Steers	Medium and Large 1-2	—	697	161.50/cwt	161.50–161.50	1,126	24
Heifers	Medium and Large 1	—	696	154.86/cwt	154.00–155.00	1,078	90
Heifers	Medium and Large 1-2	—	609	153.00/cwt	153.00–153.00	932	11
Heifers	Medium and Large 1Spayed	—	875	151.25/cwt	151.25–151.25	1,323	66
Heifers	Medium and Large 1	—	970	150.98/cwt	143.00–155.85	1,465	113
Heifers	Medium and Large 1	—	581	154.14/cwt	152.00–155.00	896	101
Steers	Medium and Large 1Fancy	—	653	181.75/cwt	181.75–181.75	1,187	84
Heifers	Medium and Large 1	—	936	149.93/cwt	147.25–153.50	1,403	76
Heifers	Medium and Large 1-2	—	848	146.50/cwt	146.50–146.50	1,242	28
Heifers	Medium and Large 1	—	532	160.54/cwt	155.00–163.00	854	90
Heifers	Medium and Large 1-2	—	892	141.00/cwt	141.00–141.00	1,258	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 Oct 27, 2021

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

Receipts 3,170Last week 4,290Year ago 2,435

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Fancy$ per cwt · actual wt
66	—	931	161.50	161.50
Heifers — Medium and Large 1$ per cwt · actual wt
6	—	462	164.00	164.00
50	—	718	153.00–162.50	158.64
53	—	624	146.00–156.00	152.06
60	—	814	154.00–160.00	156.57
69	—	890	160.50	160.50
90	—	696	154.00–155.00	154.86
113	—	970	143.00–155.85	150.98
101	—	581	152.00–155.00	154.14
76	—	936	147.25–153.50	149.93
90	—	532	155.00–163.00	160.54
Heifers — Medium and Large 1 · Spayed$ per cwt · actual wt
24	—	928	146.50	146.50
66	—	875	151.25	151.25
Heifers — Medium and Large 1-2$ per cwt · actual wt
30	—	762	158.50	158.50
11	—	609	153.00	153.00
28	—	848	146.50	146.50
8	—	892	141.00	141.00
Steers — Medium and Large 1$ per cwt · actual wt
66	—	525	182.00–192.00	186.83
121	—	990	161.25–161.50	161.38
28	—	1,010	159.50	159.50
36	—	476	200.00	200.00
34	—	826	159.50–164.75	163.54
118	—	717	169.50–175.50	173.16
30	—	768	160.00–161.50	161.11
373	—	919	161.50–168.25	164.97
105	—	878	165.25–168.25	167.19
10	—	446	203.00	203.00
379	—	635	171.00–185.50	179.66
177	—	677	160.00–173.25	169.04
149	—	587	175.25–179.00	176.65
Steers — Medium and Large 1-2$ per cwt · actual wt
9	—	993	144.50	144.50
38	—	634	155.00–165.00	161.53
13	—	886	154.00	154.00
24	—	589	162.00–166.00	164.32
5	—	546	165.00	165.00
24	—	697	161.50	161.50
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
84	—	653	181.75	181.75

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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