Name: Bassett livestock auction prices — 2023-01-05
Creator: RaisedBeef
Published: 2023-01-05

Reporter comment USDA

As filed

First Sale of the New Year, one day later due to over 22 inches of snow in the area. Compared with the last sale of the year most lots of 500 to 750 lbs steers traded 3.00 to 10.00 higher with 650 lbs steers 3.00 lower. Heifer offerings 450 to 550 lbs traded 2.00 to 15.00 higher. Demand was good with several buyers and an active internet bidding. Next Auction Date Jan 11th expecting 6,000 head starting at 10:00 am No weigh-ups

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $214.43/cwt on 2,574 head.

Average price

$214.43

2,574 head · 650 lb average

Value per head Derived

$1,395

Price × average weight ÷ 100

Grade differential Derived

$114

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

$9.39/cwt at this weight

vs the market

+9.81

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	651	214.80	1,399	2,475
Medium and Large 1-2	626	205.40	1,286	99

One grade step is worth $9.39/cwt here — about $114 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 sale2,574 hd

214.43

—

NE average6 barns · 7,768 hd

204.62

+9.81

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

35 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	—	371	220.97/cwt	220.00–222.00	820	12
Heifers	Medium and Large 1	—	424	213.71/cwt	212.00–216.00	906	46
Heifers	Medium and Large 1	—	702	176.95/cwt	169.50–183.00	1,242	69
Heifers	Medium and Large 1	—	676	183.16/cwt	182.00–185.00	1,238	140
Heifers	Medium and Large 1	—	623	189.14/cwt	180.25–194.00	1,178	207
Heifers	Medium and Large 1-2	—	498	215.75/cwt	213.00–218.50	1,074	32
Steers	Medium and Large 1	—	537	229.12/cwt	222.00–231.50	1,230	133
Steers	Medium and Large 1Thin Fleshed	—	464	251.00/cwt	251.00–251.00	1,165	41
Steers	Medium and Large 1NHTC	—	630	221.00/cwt	221.00–221.00	1,392	164
Steers	Medium and Large 1NHTC	—	679	206.00/cwt	206.00–206.00	1,399	120
Steers	Medium and Large 1-2	—	568	208.23/cwt	202.00–213.00	1,183	21
Steers	Medium and Large 1-2	—	338	235.00/cwt	235.00–235.00	794	6
Steers	Medium and Large 1	—	632	212.48/cwt	205.00–219.00	1,343	204
Steers	Medium and Large 1	—	363	262.50/cwt	262.50–262.50	953	24
Steers	Medium and Large 1	—	673	208.70/cwt	200.00–214.00	1,405	631
Steers	Medium and Large 1Fancy	—	675	219.00/cwt	219.00–219.00	1,478	171
Steers	Medium and Large 1	—	485	240.51/cwt	235.00–241.00	1,166	121
Steers	Medium and Large 1-2	—	719	194.00/cwt	194.00–194.00	1,395	46
Steers	Medium and Large 1-2	—	751	190.50/cwt	190.50–190.50	1,431	8
Steers	Medium and Large 1	—	586	227.79/cwt	225.00–229.00	1,335	272
Steers	Medium and Large 1	—	772	200.50/cwt	200.50–200.50	1,548	72
Heifers	Medium and Large 1	—	568	204.58/cwt	195.00–211.00	1,162	279
Steers	Medium and Large 1	—	735	201.65/cwt	199.50–205.50	1,482	409
Heifers	Medium and Large 1Replacement	—	618	207.50/cwt	207.50–207.50	1,282	187
Heifers	Medium and Large 1Thin Fleshed	—	404	231.00/cwt	231.00–231.00	933	42
Heifers	Medium and Large 1	—	518	215.29/cwt	210.00–216.50	1,115	272
Steers	Medium and Large 1Fancy	—	753	204.75/cwt	204.75–204.75	1,542	113
Heifers	Medium and Large 1-2	—	570	190.00/cwt	190.00–190.00	1,083	5
Steers	Medium and Large 1-2	—	496	228.00/cwt	228.00–228.00	1,131	18
Heifers	Medium and Large 1-2	—	427	199.81/cwt	193.00–203.00	853	16
Heifers	Medium and Large 1-2	—	524	201.58/cwt	200.00–203.00	1,056	19
Heifers	Medium and Large 1	—	470	229.00/cwt	229.00–229.00	1,076	160
Heifers	Medium and Large 1-2	—	661	163.00/cwt	163.00–163.00	1,077	5
Heifers	Medium and Large 1-2	—	630	187.00/cwt	187.00–187.00	1,178	16
Heifers	Medium and Large 1Replacement	—	697	191.00/cwt	191.00–191.00	1,331	87

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

Thu Jan 5, 2023

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

Receipts 4,400Last week 3,740Year ago 6,050

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
12	—	371	220.00–222.00	220.97
46	—	424	212.00–216.00	213.71
69	—	702	169.50–183.00	176.95
140	—	676	182.00–185.00	183.16
207	—	623	180.25–194.00	189.14
279	—	568	195.00–211.00	204.58
272	—	518	210.00–216.50	215.29
160	—	470	229.00	229.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
32	—	498	213.00–218.50	215.75
5	—	570	190.00	190.00
16	—	427	193.00–203.00	199.81
19	—	524	200.00–203.00	201.58
5	—	661	163.00	163.00
16	—	630	187.00	187.00
Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt
187	—	618	207.50	207.50
87	—	697	191.00	191.00
Heifers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
42	—	404	231.00	231.00
Steers — Medium and Large 1$ per cwt · actual wt
133	—	537	222.00–231.50	229.12
204	—	632	205.00–219.00	212.48
24	—	363	262.50	262.50
631	—	673	200.00–214.00	208.70
121	—	485	235.00–241.00	240.51
272	—	586	225.00–229.00	227.79
72	—	772	200.50	200.50
409	—	735	199.50–205.50	201.65
Steers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
41	—	464	251.00	251.00
Steers — Medium and Large 1 · NHTC$ per cwt · actual wt
164	—	630	221.00	221.00
120	—	679	206.00	206.00
Steers — Medium and Large 1-2$ per cwt · actual wt
21	—	568	202.00–213.00	208.23
6	—	338	235.00	235.00
46	—	719	194.00	194.00
8	—	751	190.50	190.50
18	—	496	228.00	228.00
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
171	—	675	219.00	219.00
113	—	753	204.75	204.75

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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