Name: Bassett livestock auction prices — 2023-07-26
Creator: RaisedBeef
Published: 2023-07-26

Reporter comment USDA

As filed

Compared with two weeks ago, 600 and 900 lbs steers traded 5.00 to 7.00 higher, 950 lbs steers traded 3.00 lower and 1000 lbs steers traded 2.00 higher. Heifer offerings 550 lbs traded 11.00 lower and 700 lbs offerings traded steady. Demand was good for the day with several buyers and active internet bidding. The heat has hit the Sandhills of Nebraska with high humidity. Next Auction Dates Aug 9th and 23rd

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $260.41/cwt on 2,689 head.

Average price

$260.41

2,689 head · 911 lb average

Value per head Derived

$2,372

Price × average weight ÷ 100

Grade differential Derived

$449

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

$0.27/cwt at this weight

vs the market

+4.32

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	913	260.41	2,378	2,651
Medium and Large 1-2	742	260.14	1,929	38

One grade step is worth $0.27/cwt here — about $449 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 sale2,689 hd

260.41

—

NE average5 barns · 6,693 hd

256.09

+4.32

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

34 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	—	1,015	215.25/cwt	215.25–215.25	2,185	62
Heifers	Medium and Large 1	—	825	240.00/cwt	240.00–240.00	1,980	34
Heifers	Medium and Large 1	—	758	247.28/cwt	243.50–254.00	1,874	49
Heifers	Medium and Large 1	—	634	264.02/cwt	262.50–268.00	1,674	126
Heifers	Medium and Large 1	—	666	260.14/cwt	258.50–265.00	1,733	128
Heifers	Medium and Large 1	—	709	256.62/cwt	253.50–258.00	1,819	133
Steers	Medium and Large 1	—	438	340.00/cwt	340.00–340.00	1,489	5
Steers	Medium and Large 1	—	394	345.00/cwt	345.00–345.00	1,359	16
Steers	Medium and Large 1	—	984	248.42/cwt	233.50–253.25	2,444	593
Steers	Medium and Large 1	—	751	264.00/cwt	264.00–264.00	1,983	20
Steers	Medium and Large 1	—	568	310.50/cwt	300.00–319.00	1,764	80
Steers	Medium and Large 1	—	733	280.74/cwt	279.00–285.50	2,058	90
Steers	Medium and Large 1	—	1,055	241.78/cwt	241.00–243.25	2,551	437
Steers	Medium and Large 1	—	1,026	241.25/cwt	235.00–246.00	2,475	417
Steers	Medium and Large 1Natural	—	865	262.75/cwt	262.75–262.75	2,273	73
Steers	Medium and Large 1Natural	—	978	249.75/cwt	249.75–249.75	2,443	110
Steers	Medium and Large 1	—	473	328.50/cwt	328.50–328.50	1,554	53
Steers	Medium and Large 1	—	914	262.36/cwt	258.00–266.00	2,398	492
Heifers	Medium and Large 1	—	575	283.29/cwt	270.00–289.50	1,629	167
Heifers	Medium and Large 1Spayed	—	849	247.50/cwt	247.50–247.50	2,101	64
Steers	Medium and Large 1	—	817	246.00/cwt	246.00–246.00	2,010	20
Steers	Medium and Large 1	—	629	311.86/cwt	299.00–315.75	1,962	166
Steers	Medium and Large 1-2	—	873	246.00/cwt	246.00–246.00	2,148	15
Steers	Medium and Large 1-2	—	765	250.50/cwt	250.50–250.50	1,916	16
Heifers	Medium and Large 1-2	—	508	265.00/cwt	265.00–265.00	1,346	7
Heifers	Medium and Large 1-2	—	479	275.50/cwt	275.50–275.50	1,320	18
Steers	Medium and Large 1	—	684	284.20/cwt	278.00–289.00	1,944	34
Steers	Medium and Large 1	—	537	326.17/cwt	325.50–329.50	1,752	45
Heifers	Medium and Large 1-2	—	597	267.00/cwt	267.00–267.00	1,594	19
Heifers	Medium and Large 1	—	486	283.32/cwt	278.00–290.00	1,377	23
Heifers	Medium and Large 1	—	417	297.50/cwt	297.50–297.50	1,241	19
Heifers	Medium and Large 1	—	908	210.00/cwt	210.00–210.00	1,907	30
Heifers	Medium and Large 1Spayed	—	866	252.75/cwt	252.75–252.75	2,189	324
Steers	Medium and Large 1-2	—	406	312.50/cwt	312.50–312.50	1,269	7

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 26, 2023

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

Receipts 4,025Last week 6,980Year ago 8,230

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
62	—	1,015	215.25	215.25
34	—	825	240.00	240.00
49	—	758	243.50–254.00	247.28
126	—	634	262.50–268.00	264.02
128	—	666	258.50–265.00	260.14
133	—	709	253.50–258.00	256.62
167	—	575	270.00–289.50	283.29
23	—	486	278.00–290.00	283.32
19	—	417	297.50	297.50
30	—	908	210.00	210.00
Heifers — Medium and Large 1 · Spayed$ per cwt · actual wt
64	—	849	247.50	247.50
324	—	866	252.75	252.75
Heifers — Medium and Large 1-2$ per cwt · actual wt
7	—	508	265.00	265.00
18	—	479	275.50	275.50
19	—	597	267.00	267.00
Steers — Medium and Large 1$ per cwt · actual wt
5	—	438	340.00	340.00
16	—	394	345.00	345.00
593	—	984	233.50–253.25	248.42
20	—	751	264.00	264.00
80	—	568	300.00–319.00	310.50
90	—	733	279.00–285.50	280.74
437	—	1,055	241.00–243.25	241.78
417	—	1,026	235.00–246.00	241.25
53	—	473	328.50	328.50
492	—	914	258.00–266.00	262.36
20	—	817	246.00	246.00
166	—	629	299.00–315.75	311.86
34	—	684	278.00–289.00	284.20
45	—	537	325.50–329.50	326.17
Steers — Medium and Large 1 · Natural$ per cwt · actual wt
73	—	865	262.75	262.75
110	—	978	249.75	249.75
Steers — Medium and Large 1-2$ per cwt · actual wt
15	—	873	246.00	246.00
16	—	765	250.50	250.50
7	—	406	312.50	312.50

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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