Name: Bassett livestock auction prices — 2022-01-05
Creator: RaisedBeef
Published: 2022-01-05

Reporter comment USDA

As filed

First reported sale in recent weeks a trend is not applicable. Demand was good to very good from the buyers in the crowd.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $184.29/cwt on 4,200 head.

Average price

$184.29

4,200 head · 658 lb average

Value per head Derived

$1,212

Price × average weight ÷ 100

Grade differential Derived

$250

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

$18.31/cwt at this weight

vs the market

+7.22

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	658	184.31	1,212	4,195
Medium and Large 1-2	580	166.00	963	5thin

One grade step is worth $18.31/cwt here — about $250 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 sale4,200 hd

184.29

—

NE average6 barns · 12,303 hd

177.07

+7.22

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

38 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	—	543	183.34/cwt	180.00–190.00	996	105
Steers	Medium and Large 1	—	818	167.79/cwt	166.50–170.00	1,373	120
Steers	Medium and Large 1	—	439	203.42/cwt	201.00–207.50	893	77
Steers	Medium and Large 1-2	—	580	166.00/cwt	166.00–166.00	963	5
Steers	Medium and Large 1Fleshy	—	669	170.45/cwt	170.00–171.25	1,140	107
Steers	Medium and Large 1Fancy	—	607	201.03/cwt	199.50–201.75	1,220	272
Steers	Medium and Large 1Thin Fleshed	—	587	196.18/cwt	195.00–199.00	1,152	112
Steers	Medium and Large 1	—	632	178.19/cwt	173.50–181.00	1,126	79
Steers	Medium and Large 1Full	—	387	211.00/cwt	211.00–211.00	817	9
Steers	Medium and Large 1Full	—	460	192.00/cwt	192.00–192.00	883	9
Heifers	Medium and Large 1	—	585	176.52/cwt	173.00–180.00	1,033	280
Heifers	Medium and Large 1	—	532	177.56/cwt	171.00–180.50	945	162
Steers	Medium and Large 1Thin Fleshed	—	630	189.38/cwt	185.00–193.00	1,193	422
Steers	Medium and Large 1	—	774	171.27/cwt	167.25–174.00	1,326	360
Steers	Medium and Large 1Fancy	—	672	185.41/cwt	185.00–186.00	1,246	144
Steers	Medium and Large 1Fancy	—	586	199.90/cwt	197.50–203.25	1,171	164
Heifers	Medium and Large 1	—	485	181.53/cwt	178.00–182.00	880	139
Heifers	Medium and Large 1-2Full	—	700	142.00/cwt	142.00–142.00	994	8
Heifers	Medium and Large 1Fleshy	—	667	151.50/cwt	151.50–151.50	1,011	15
Heifers	Medium and Large 1	—	724	162.25/cwt	162.25–162.25	1,175	21
Steers	Medium and Large 1Fancy	—	514	209.45/cwt	205.50–212.50	1,077	287
Heifers	Medium and Large 1Fancy	—	559	184.14/cwt	183.50–184.75	1,029	95
Heifers	Medium and Large 1Fancy	—	524	184.18/cwt	183.00–185.50	965	114
Heifers	Medium and Large 1Fancy	—	657	167.00/cwt	167.00–167.00	1,097	154
Heifers	Medium and Large 1Fancy	—	617	174.46/cwt	173.50–175.50	1,076	181
Heifers	Medium and Large 1Fleshy	—	769	149.75/cwt	149.75–149.75	1,152	27
Heifers	Medium and Large 1-2Full	—	493	164.00/cwt	164.00–164.00	809	6
Steers	Medium and Large 1	—	680	179.70/cwt	175.25–182.50	1,222	670
Steers	Medium and Large 1Thin Fleshed	—	527	199.17/cwt	194.50–202.00	1,050	39
Steers	Medium and Large 1	—	725	172.79/cwt	167.00–176.00	1,253	767
Steers	Medium and Large 1	—	586	187.25/cwt	185.00–191.00	1,097	241
Steers	Medium and Large 1Fancy	—	721	182.73/cwt	180.00–184.50	1,317	211
Heifers	Medium and Large 1	—	417	190.09/cwt	185.00–193.00	793	42
Heifers	Medium and Large 1	—	677	160.80/cwt	157.50–162.50	1,089	111
Heifers	Medium and Large 1Full	—	568	163.36/cwt	160.00–166.00	928	44
Heifers	Medium and Large 1Full	—	871	141.00/cwt	141.00–141.00	1,228	10
Heifers	Medium and Large 1	—	772	158.25/cwt	158.25–158.25	1,222	68
Heifers	Medium and Large 1	—	623	167.36/cwt	160.00–172.00	1,043	169

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 5, 2022

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

Receipts 6,050Last week 3,735Year ago 4,730

First reported sale in recent weeks a trend is not applicable. Demand was good to very good from the buyers in the crowd.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
105	—	543	180.00–190.00	183.34
120	—	818	166.50–170.00	167.79
77	—	439	201.00–207.50	203.42
79	—	632	173.50–181.00	178.19
360	—	774	167.25–174.00	171.27
670	—	680	175.25–182.50	179.70
767	—	725	167.00–176.00	172.79
241	—	586	185.00–191.00	187.25
Steers — Medium and Large 1-2$ per cwt · actual wt
5	—	580	166.00	166.00
Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt
107	—	669	170.00–171.25	170.45
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
272	—	607	199.50–201.75	201.03
144	—	672	185.00–186.00	185.41
164	—	586	197.50–203.25	199.90
287	—	514	205.50–212.50	209.45
211	—	721	180.00–184.50	182.73
Steers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
112	—	587	195.00–199.00	196.18
422	—	630	185.00–193.00	189.38
39	—	527	194.50–202.00	199.17
Steers — Medium and Large 1 · Full$ per cwt · actual wt
9	—	387	211.00	211.00
9	—	460	192.00	192.00
Heifers — Medium and Large 1$ per cwt · actual wt
280	—	585	173.00–180.00	176.52
162	—	532	171.00–180.50	177.56
139	—	485	178.00–182.00	181.53
21	—	724	162.25	162.25
42	—	417	185.00–193.00	190.09
111	—	677	157.50–162.50	160.80
68	—	772	158.25	158.25
169	—	623	160.00–172.00	167.36
Heifers — Medium and Large 1-2 · Full$ per cwt · actual wt
8	—	700	142.00	142.00
6	—	493	164.00	164.00
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
15	—	667	151.50	151.50
27	—	769	149.75	149.75
Heifers — Medium and Large 1 · Fancy$ per cwt · actual wt
95	—	559	183.50–184.75	184.14
114	—	524	183.00–185.50	184.18
154	—	657	167.00	167.00
181	—	617	173.50–175.50	174.46
Heifers — Medium and Large 1 · Full$ per cwt · actual wt
44	—	568	160.00–166.00	163.36
10	—	871	141.00	141.00

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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Fed Cattle — the cash market and what quality pays

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