Name: Bassett livestock auction prices — 2022-10-12
Creator: RaisedBeef
Published: 2022-10-12

Reporter comment USDA

As filed

Compared with last week, 500 to 600 lbs steers traded steady to 4.00 lower and 900 to 950 lbs steers traded steady to 3.00 higher. A limited number of comparable offering for heifers with 950 lbs offerings trading steady. Demand was good with some internet bidding today. High winds in the area, still no rain. Next Auction Date for Oct 19th Special Bred Cows/Heifers and Pairs

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $194.96/cwt on 1,526 head.

Average price

$194.96

1,526 head · 770 lb average

Value per head Derived

$1,501

Price × average weight ÷ 100

Grade differential Derived

−$532

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

$8.29/cwt at this weight

vs the market

−10.45

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	495	202.69	1,003	103
Medium and Large 1	790	194.40	1,535	1,423

One grade step is worth $8.29/cwt here — about −$532 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 sale1,526 hd

194.96

—

NE average9 barns · 16,024 hd

205.41

−10.45

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

33 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	—	363	209.00/cwt	209.00–209.00	759	5
Heifers	Medium and Large 1	—	1,065	161.50/cwt	161.50–161.50	1,720	9
Heifers	Medium and Large 1	—	414	216.50/cwt	216.50–216.50	896	14
Heifers	Medium and Large 1	—	490	201.32/cwt	197.00–202.00	986	41
Heifers	Medium and Large 1	—	887	170.00/cwt	170.00–170.00	1,508	56
Heifers	Medium and Large 1	—	964	170.50/cwt	170.50–170.50	1,644	57
Steers	Medium and Large 1	—	1,003	183.75/cwt	183.75–183.75	1,843	65
Steers	Medium and Large 1	—	971	185.32/cwt	184.50–186.00	1,799	132
Steers	Medium and Large 1Unweaned	—	719	183.52/cwt	181.00–184.00	1,320	31
Steers	Medium and Large 1-2	—	459	211.00/cwt	211.00–211.00	968	34
Steers	Medium and Large 1	—	398	242.00/cwt	242.00–242.00	963	16
Steers	Medium and Large 1	—	764	176.00/cwt	176.00–176.00	1,345	24
Steers	Medium and Large 1	—	411	230.00/cwt	230.00–230.00	945	5
Steers	Medium and Large 1-2	—	633	175.74/cwt	171.00–186.00	1,112	19
Steers	Medium and Large 1-2	—	521	197.14/cwt	192.00–202.00	1,027	29
Heifers	Medium and Large 1NHTC	—	523	195.00/cwt	195.00–195.00	1,020	36
Heifers	Medium and Large 1-2	—	658	171.50/cwt	171.50–171.50	1,128	36
Steers	Medium and Large 1	—	524	215.57/cwt	210.00–217.00	1,130	171
Steers	Medium and Large 1Unweaned	—	620	207.95/cwt	206.50–209.50	1,289	184
Steers	Medium and Large 1-2	—	383	226.00/cwt	226.00–226.00	866	10
Steers	Medium and Large 1-2	—	402	217.00/cwt	217.00–217.00	872	11
Heifers	Medium and Large 1	—	572	185.18/cwt	180.00–190.75	1,059	64
Heifers	Medium and Large 1	—	754	188.00/cwt	188.00–188.00	1,418	76
Heifers	Medium and Large 1	—	706	176.50/cwt	176.50–176.50	1,246	77
Steers	Medium and Large 1	—	733	180.00/cwt	180.00–180.00	1,319	28
Steers	Medium and Large 1	—	487	226.22/cwt	221.00–236.00	1,102	31
Steers	Medium and Large 1	—	823	175.00/cwt	175.00–175.00	1,440	31
Heifers	Medium and Large 1Spayed	—	1,054	163.00/cwt	163.00–163.00	1,718	55
Heifers	Medium and Large 1Spayed	—	963	176.00/cwt	176.00–176.00	1,695	129
Heifers	Medium and Large 1Spayed	—	845	170.00/cwt	170.00–170.00	1,437	13
Steers	Medium and Large 1	—	574	208.00/cwt	201.00–210.50	1,194	108
Steers	Medium and Large 1	—	885	185.29/cwt	184.00–186.50	1,640	128
Steers	Medium and Large 1	—	941	184.46/cwt	172.00–187.10	1,736	469

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 12, 2022

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

Receipts 2,380Last week 3,770Year ago 4,290

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
5	—	363	209.00	209.00
9	—	1,065	161.50	161.50
14	—	414	216.50	216.50
41	—	490	197.00–202.00	201.32
56	—	887	170.00	170.00
57	—	964	170.50	170.50
64	—	572	180.00–190.75	185.18
76	—	754	188.00	188.00
77	—	706	176.50	176.50
Heifers — Medium and Large 1 · NHTC$ per cwt · actual wt
36	—	523	195.00	195.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
36	—	658	171.50	171.50
Heifers — Medium and Large 1 · Spayed$ per cwt · actual wt
55	—	1,054	163.00	163.00
129	—	963	176.00	176.00
13	—	845	170.00	170.00
Steers — Medium and Large 1$ per cwt · actual wt
65	—	1,003	183.75	183.75
132	—	971	184.50–186.00	185.32
16	—	398	242.00	242.00
24	—	764	176.00	176.00
5	—	411	230.00	230.00
171	—	524	210.00–217.00	215.57
28	—	733	180.00	180.00
31	—	487	221.00–236.00	226.22
31	—	823	175.00	175.00
108	—	574	201.00–210.50	208.00
128	—	885	184.00–186.50	185.29
469	—	941	172.00–187.10	184.46
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
31	—	719	181.00–184.00	183.52
184	—	620	206.50–209.50	207.95
Steers — Medium and Large 1-2$ per cwt · actual wt
34	—	459	211.00	211.00
19	—	633	171.00–186.00	175.74
29	—	521	192.00–202.00	197.14
10	—	383	226.00	226.00
11	—	402	217.00	217.00

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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