Name: Bassett livestock auction prices — 2023-07-12
Creator: RaisedBeef
Published: 2023-07-12

Reporter comment USDA

As filed

Comparable offerings from two weeks ago, steer calves weighing 550 to 600 lbs traded 8.00 to as much as $30.00 higher, 650 lbs steers traded 15.00 higher and 700 and 850 lbs steers traded 10.00 to 12.00 higher. A high demand for 900 to 1000 lbs steers should be noted. Fall calf weights for Heifer offerings 550 lbs traded 11.00 higher, 700 and 800 lb heifers traded 17.00 to 23.00 higher. Demand was very good for all offerings with several buyers in the barn and active internet bidding. Next Auction Dates: July 19th Special Bred Cows and July 26th Special Fall Calves and Yearlings

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $264.00/cwt on 4,346 head.

Average price

$264.00

4,346 head · 873 lb average

Value per head Derived

$2,305

Price × average weight ÷ 100

Grade differential Derived

−$396

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

$37.97/cwt at this weight

vs the market

+1.98

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	775	270.97	2,099	395
Medium and Large 1	882	263.38	2,324	3,941
Large 1	1,071	233.00	2,495	10thin

One grade step is worth $37.97/cwt here — about −$396 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 sale4,346 hd

264.00

—

NE average4 barns · 7,883 hd

262.02

+1.98

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

49 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	—	729	255.62/cwt	249.00–257.00	1,863	171
Heifers	Medium and Large 1-2	—	1,061	184.00/cwt	184.00–184.00	1,952	9
Heifers	Medium and Large 1	—	928	208.00/cwt	208.00–208.00	1,930	42
Heifers	Medium and Large 1-2	—	348	290.00/cwt	290.00–290.00	1,009	9
Heifers	Medium and Large 1	—	616	272.40/cwt	270.50–276.00	1,678	53
Heifers	Medium and Large 1	—	662	252.50/cwt	252.50–252.50	1,672	10
Heifers	Medium and Large 1-2	—	487	296.02/cwt	295.00–300.00	1,442	39
Heifers	Medium and Large 1	—	483	311.57/cwt	309.00–317.00	1,505	95
Heifers	Medium and Large 1-2	—	623	255.00/cwt	255.00–255.00	1,589	11
Heifers	Medium and Large 1	—	574	294.90/cwt	288.00–301.00	1,693	118
Heifers	Medium and Large 1-2	—	534	296.00/cwt	296.00–296.00	1,581	38
Heifers	Medium and Large 1-2	—	578	280.80/cwt	280.00–285.00	1,623	54
Steers	Medium and Large 1	—	720	279.44/cwt	276.00–281.00	2,012	108
Steers	Medium and Large 1	—	674	291.19/cwt	286.75–296.00	1,963	176
Steers	Medium and Large 1NHTC	—	925	257.75/cwt	257.75–257.75	2,384	124
Steers	Medium and Large 1NHTC	—	853	266.25/cwt	266.25–266.25	2,271	135
Steers	Medium and Large 1	—	1,032	239.17/cwt	235.50–244.00	2,468	166
Steers	Medium and Large 1	—	877	256.63/cwt	252.50–267.00	2,251	317
Steers	Medium and Large 1	—	921	254.66/cwt	250.00–259.75	2,345	991
Steers	Medium and Large 1-2	—	588	317.34/cwt	317.00–317.50	1,866	57
Steers	Medium and Large 1NHTC	—	987	252.50/cwt	252.50–252.50	2,492	189
Steers	Medium and Large 1	—	410	322.50/cwt	322.50–322.50	1,322	14
Steers	Medium and Large 1-2	—	941	243.50/cwt	240.50–247.75	2,291	209
Steers	Medium and Large 1	—	615	306.43/cwt	294.00–309.00	1,885	146
Steers	Medium and Large 1	—	571	324.78/cwt	321.00–326.00	1,854	151
Steers	Medium and Large 1	—	487	334.11/cwt	333.00–335.50	1,627	69
Steers	Medium and Large 1	—	983	251.80/cwt	250.00–255.00	2,475	1,125
Steers	Medium and Large 1-2	—	673	279.00/cwt	279.00–279.00	1,878	11
Steers	Medium and Large 1-2	—	535	307.18/cwt	290.00–313.00	1,643	53
Steers	Medium and Large 1-2	—	774	259.36/cwt	252.00–265.00	2,007	36
Steers	Medium and Large 1-2	—	470	307.50/cwt	307.50–307.50	1,445	11
Heifers	Medium and Large 1Spayed	—	602	289.25/cwt	289.25–289.25	1,741	208
Steers	Medium and Large 1-2	—	389	332.50/cwt	332.50–332.50	1,293	18
Steers	Large 1	—	1,071	233.00/cwt	233.00–233.00	2,495	10
Steers	Medium and Large 1	—	827	249.15/cwt	241.00–257.50	2,060	39
Steers	Medium and Large 1	—	517	322.68/cwt	316.00–328.50	1,668	51
Steers	Medium and Large 1	—	1,051	247.25/cwt	247.25–247.25	2,599	57
Heifers	Medium and Large 1Spayed	—	734	252.93/cwt	249.00–255.50	1,857	116
Steers	Medium and Large 1	—	761	272.25/cwt	272.25–272.25	2,072	83
Heifers	Medium and Large 1	—	526	308.12/cwt	306.50–315.00	1,621	68
Heifers	Medium and Large 1	—	1,017	205.00/cwt	205.00–205.00	2,085	10
Heifers	Medium and Large 1Spayed	—	669	276.50/cwt	276.50–276.50	1,850	259
Heifers	Medium and Large 1Spayed	—	881	233.22/cwt	228.75–235.25	2,055	421
Heifers	Medium and Large 1-2	—	408	291.35/cwt	287.50–292.50	1,189	22
Heifers	Medium and Large 1Spayed	—	806	247.94/cwt	244.00–253.00	1,998	348
Heifers	Medium and Large 1	—	800	244.75/cwt	244.75–244.75	1,958	279
Heifers	Medium and Large 1	—	384	310.00/cwt	310.00–310.00	1,190	18
Heifers	Medium and Large 1	—	775	245.00/cwt	245.00–245.00	1,899	51
Heifers	Medium and Large 1-2	—	744	238.00/cwt	238.00–238.00	1,771	6

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 Jul 12, 2023

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

Receipts 6,980Last week 8,505Year ago 10,950

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
171	—	729	249.00–257.00	255.62
42	—	928	208.00	208.00
53	—	616	270.50–276.00	272.40
10	—	662	252.50	252.50
95	—	483	309.00–317.00	311.57
118	—	574	288.00–301.00	294.90
68	—	526	306.50–315.00	308.12
10	—	1,017	205.00	205.00
279	—	800	244.75	244.75
18	—	384	310.00	310.00
51	—	775	245.00	245.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
9	—	1,061	184.00	184.00
9	—	348	290.00	290.00
39	—	487	295.00–300.00	296.02
11	—	623	255.00	255.00
38	—	534	296.00	296.00
54	—	578	280.00–285.00	280.80
22	—	408	287.50–292.50	291.35
6	—	744	238.00	238.00
Heifers — Medium and Large 1 · Spayed$ per cwt · actual wt
208	—	602	289.25	289.25
116	—	734	249.00–255.50	252.93
259	—	669	276.50	276.50
421	—	881	228.75–235.25	233.22
348	—	806	244.00–253.00	247.94
Steers — Medium and Large 1$ per cwt · actual wt
108	—	720	276.00–281.00	279.44
176	—	674	286.75–296.00	291.19
166	—	1,032	235.50–244.00	239.17
317	—	877	252.50–267.00	256.63
991	—	921	250.00–259.75	254.66
14	—	410	322.50	322.50
146	—	615	294.00–309.00	306.43
151	—	571	321.00–326.00	324.78
69	—	487	333.00–335.50	334.11
1,125	—	983	250.00–255.00	251.80
39	—	827	241.00–257.50	249.15
51	—	517	316.00–328.50	322.68
57	—	1,051	247.25	247.25
83	—	761	272.25	272.25
Steers — Medium and Large 1 · NHTC$ per cwt · actual wt
124	—	925	257.75	257.75
135	—	853	266.25	266.25
189	—	987	252.50	252.50
Steers — Medium and Large 1-2$ per cwt · actual wt
57	—	588	317.00–317.50	317.34
209	—	941	240.50–247.75	243.50
11	—	673	279.00	279.00
53	—	535	290.00–313.00	307.18
36	—	774	252.00–265.00	259.36
11	—	470	307.50	307.50
18	—	389	332.50	332.50
Steers — Large 1$ per cwt · actual wt
10	—	1,071	233.00	233.00

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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