Name: Bassett livestock auction prices — 2023-02-01
Creator: RaisedBeef
Published: 2023-02-01

Reporter comment USDA

As filed

Compared with last week 650 and 750 lbs steers traded 8.00 to 9.00 higher, heifer offerings 550 to 650 lbs traded steady to 12.00 higher. Demand was good with several buyers in the seats today and active internet bidding. Very cold weather in the area with wind chills below zero. Next Auction Dates for Feb 8th Special Bred Cow Auction, Feb 15th Special Feeder Cattle Auction

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $194.75/cwt on 2,591 head.

Average price

$194.75

2,591 head · 599 lb average

Value per head Derived

$1,167

Price × average weight ÷ 100

Grade differential Derived

$67

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

$8.75/cwt at this weight

vs the market

+6.70

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	600	196.20	1,178	2,159
Medium and Large 1-2	593	187.46	1,111	432

One grade step is worth $8.75/cwt here — about $67 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 sale2,591 hd

194.75

—

NE average10 barns · 16,735 hd

188.04

+6.70

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

29 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	—	487	218.76/cwt	207.00–223.00	1,065	152
Heifers	Medium and Large 1	—	575	198.45/cwt	194.00–202.00	1,141	332
Heifers	Medium and Large 1	—	530	204.83/cwt	197.50–208.00	1,086	409
Heifers	Medium and Large 1	—	635	194.31/cwt	186.50–208.00	1,234	615
Heifers	Medium and Large 1-2	—	638	181.87/cwt	175.00–184.50	1,160	128
Heifers	Medium and Large 1-2	—	484	196.83/cwt	190.50–206.00	953	71
Steers	Medium and Large 1-2NHTC	—	694	180.00/cwt	180.00–180.00	1,249	14
Steers	Medium and Large 1-2NHTC	—	851	186.50/cwt	186.50–186.50	1,587	25
Steers	Medium and Large 1-2NHTC	—	978	179.50/cwt	179.50–179.50	1,756	19
Steers	Medium and Large 1	—	437	238.00/cwt	238.00–238.00	1,040	6
Steers	Medium and Large 1	—	674	205.62/cwt	202.50–206.00	1,386	399
Steers	Medium and Large 1	—	572	215.70/cwt	211.00–217.00	1,234	344
Steers	Medium and Large 1	—	475	234.51/cwt	232.50–242.00	1,114	60
Steers	Medium and Large 1-2	—	660	190.50/cwt	190.50–190.50	1,257	8
Steers	Medium and Large 1	—	636	207.69/cwt	195.00–215.00	1,321	78
Heifers	Medium and Large 1	—	412	205.44/cwt	200.00–216.00	846	122
Steers	Medium and Large 1	—	762	192.62/cwt	183.75–197.25	1,468	259
Heifers	Medium and Large 1-2NHTC	—	842	176.00/cwt	176.00–176.00	1,482	33
Steers	Medium and Large 1	—	714	197.76/cwt	197.50–198.00	1,412	21
Steers	Medium and Large 1	—	533	224.94/cwt	220.00–236.00	1,199	62
Steers	Medium and Large 1-2	—	828	170.00/cwt	170.00–170.00	1,408	18
Heifers	Medium and Large 1-2	—	524	193.23/cwt	190.50–194.50	1,013	87
Steers	Medium and Large 1-2	—	557	180.00/cwt	180.00–180.00	1,003	9
Heifers	Medium and Large 1-2	—	564	188.81/cwt	187.00–191.00	1,065	91
Heifers	Medium and Large 1	—	770	173.31/cwt	168.50–175.50	1,334	97
Heifers	Medium and Large 1	—	675	179.23/cwt	176.00–181.00	1,210	143
Heifers	Medium and Large 1Replacement	—	688	185.00/cwt	185.00–185.00	1,273	73
Heifers	Medium and Large 1Replacement	—	706	186.03/cwt	182.50–190.50	1,313	216
Heifers	Medium and Large 1-2NHTC	—	698	178.50/cwt	178.50–178.50	1,246	22

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 1, 2023

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

Receipts 4,150Last week 6,205Year ago 2,985

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
152	—	487	207.00–223.00	218.76
332	—	575	194.00–202.00	198.45
409	—	530	197.50–208.00	204.83
615	—	635	186.50–208.00	194.31
122	—	412	200.00–216.00	205.44
97	—	770	168.50–175.50	173.31
143	—	675	176.00–181.00	179.23
Heifers — Medium and Large 1-2$ per cwt · actual wt
128	—	638	175.00–184.50	181.87
71	—	484	190.50–206.00	196.83
87	—	524	190.50–194.50	193.23
91	—	564	187.00–191.00	188.81
Heifers — Medium and Large 1-2 · NHTC$ per cwt · actual wt
33	—	842	176.00	176.00
22	—	698	178.50	178.50
Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt
73	—	688	185.00	185.00
216	—	706	182.50–190.50	186.03
Steers — Medium and Large 1-2 · NHTC$ per cwt · actual wt
14	—	694	180.00	180.00
25	—	851	186.50	186.50
19	—	978	179.50	179.50
Steers — Medium and Large 1$ per cwt · actual wt
6	—	437	238.00	238.00
399	—	674	202.50–206.00	205.62
344	—	572	211.00–217.00	215.70
60	—	475	232.50–242.00	234.51
78	—	636	195.00–215.00	207.69
259	—	762	183.75–197.25	192.62
21	—	714	197.50–198.00	197.76
62	—	533	220.00–236.00	224.94
Steers — Medium and Large 1-2$ per cwt · actual wt
8	—	660	190.50	190.50
18	—	828	170.00	170.00
9	—	557	180.00	180.00

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

Beef & Retail — from the box to the grocery shelf

Feed & Hay — the cost side, cash not futures

Cows & Bred Stock — the rebuild market

More

Bassett