Name: Bassett livestock auction prices — 2022-02-16
Creator: RaisedBeef
Published: 2022-02-16

Reporter comment USDA

As filed

A limited number of comparable offerings from two weeks ago with 750 lbs steers trading 7.00 lower. Heifer offerings 550 lbs, 650 lbs to 700 lbs trading steady and 600 lbs heifers trading 4.00 higher. Demand was good with an active internet bidding through out the sale. Next Auction Date Feb 23rd Special Feeder Cattle Auction

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $173.45/cwt on 1,488 head.

Average price

$173.45

1,488 head · 648 lb average

Value per head Derived

$1,124

Price × average weight ÷ 100

Grade differential Derived

$124

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

$18.54/cwt at this weight

vs the market

+4.41

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	648	173.81	1,127	1,459
Medium and Large 1-2	646	155.28	1,002	29

One grade step is worth $18.54/cwt here — about $124 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 sale1,488 hd

173.45

—

NE average8 barns · 11,687 hd

169.04

+4.41

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

27 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	—	818	156.50/cwt	156.50–156.50	1,280	37
Heifers	Medium and Large 1	—	487	196.61/cwt	194.00–202.00	957	49
Heifers	Medium and Large 1	—	864	150.50/cwt	150.50–150.50	1,300	62
Heifers	Medium and Large 1	—	531	186.44/cwt	182.00–191.00	990	82
Heifers	Medium and Large 1	—	624	168.73/cwt	160.00–175.50	1,053	306
Heifers	Medium and Large 1	—	573	182.70/cwt	175.00–188.00	1,047	339
Steers	Medium and Large 1	—	769	168.64/cwt	165.50–171.00	1,297	408
Steers	Medium and Large 1	—	566	209.74/cwt	203.50–213.00	1,187	60
Steers	Medium and Large 1-2	—	791	151.00/cwt	151.00–151.00	1,194	13
Heifers	Medium and Large 1-2	—	694	149.12/cwt	145.00–155.00	1,035	17
Steers	Medium and Large 1Full	—	750	153.50/cwt	153.50–153.50	1,151	20
Steers	Medium and Large 1Full	—	681	160.00/cwt	160.00–160.00	1,090	63
Steers	Medium and Large 1-2	—	680	170.71/cwt	170.50–171.00	1,161	51
Steers	Medium and Large 1	—	621	185.50/cwt	185.50–185.50	1,152	59
Steers	Medium and Large 1	—	817	163.78/cwt	160.00–166.00	1,338	52
Heifers	Medium and Large 1	—	722	153.30/cwt	149.00–155.00	1,107	101
Heifers	Medium and Large 1	—	673	165.79/cwt	159.50–170.00	1,116	145
Heifers	Medium and Large 1-2	—	577	164.00/cwt	164.00–164.00	946	12
Steers	Medium and Large 1-2	—	575	196.00/cwt	196.00–196.00	1,127	25
Steers	Medium and Large 1	—	675	182.42/cwt	173.00–189.25	1,231	397
Steers	Medium and Large 1	—	537	214.19/cwt	210.50–218.00	1,150	32
Heifers	Medium and Large 1	—	768	164.65/cwt	152.00–166.50	1,265	165
Heifers	Medium and Large 1Replacement	—	683	189.50/cwt	189.50–189.50	1,294	80
Heifers	Medium and Large 1Replacement	—	617	195.00/cwt	195.00–195.00	1,203	93
Steers	Medium and Large 1	—	434	233.00/cwt	233.00–233.00	1,011	12
Steers	Medium and Large 1	—	478	237.00/cwt	237.00–237.00	1,133	34
Steers	Medium and Large 1	—	731	170.68/cwt	167.50–173.00	1,248	168

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 16, 2022

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

Receipts 3,135Last week 2,985Year ago 2,200

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
37	—	818	156.50	156.50
49	—	487	194.00–202.00	196.61
62	—	864	150.50	150.50
82	—	531	182.00–191.00	186.44
306	—	624	160.00–175.50	168.73
339	—	573	175.00–188.00	182.70
101	—	722	149.00–155.00	153.30
145	—	673	159.50–170.00	165.79
165	—	768	152.00–166.50	164.65
Heifers — Medium and Large 1-2$ per cwt · actual wt
17	—	694	145.00–155.00	149.12
12	—	577	164.00	164.00
Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt
80	—	683	189.50	189.50
93	—	617	195.00	195.00
Steers — Medium and Large 1$ per cwt · actual wt
408	—	769	165.50–171.00	168.64
60	—	566	203.50–213.00	209.74
59	—	621	185.50	185.50
52	—	817	160.00–166.00	163.78
397	—	675	173.00–189.25	182.42
32	—	537	210.50–218.00	214.19
12	—	434	233.00	233.00
34	—	478	237.00	237.00
168	—	731	167.50–173.00	170.68
Steers — Medium and Large 1-2$ per cwt · actual wt
13	—	791	151.00	151.00
51	—	680	170.50–171.00	170.71
25	—	575	196.00	196.00
Steers — Medium and Large 1 · Full$ per cwt · actual wt
20	—	750	153.50	153.50
63	—	681	160.00	160.00

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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