Name: Bassett livestock auction prices — 2023-08-23
Creator: RaisedBeef
Published: 2023-08-23

Reporter comment USDA

As filed

No comparable offerings from two weeks ago a trend will not be given for steers or heifers. Demand was good for all offerings. Next Auction Dates: Sept 6th 20th and 27th.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $249.29/cwt on 421 head.

Average price

$249.29

421 head · 783 lb average

Value per head Derived

$1,953

Price × average weight ÷ 100

Grade differential Derived

$484

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

$0.15/cwt at this weight

vs the market

+12.98

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	813	249.32	2,027	357
Medium and Large 1-2	619	249.17	1,542	64

One grade step is worth $0.15/cwt here — about $484 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 sale421 hd

249.29

—

NE average5 barns · 2,856 hd

236.31

+12.98

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

22 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	—	877	242.75/cwt	242.75–242.75	2,129	30
Heifers	Medium and Large 1	—	934	232.06/cwt	230.00–236.75	2,167	36
Heifers	Medium and Large 1	—	630	269.00/cwt	269.00–269.00	1,695	52
Steers	Medium and Large 1-2	—	592	270.00/cwt	270.00–270.00	1,598	9
Steers	Medium and Large 1-2	—	605	278.00/cwt	278.00–278.00	1,682	13
Heifers	Medium and Large 1	—	573	275.83/cwt	275.00–276.00	1,581	64
Heifers	Medium and Large 1-2	—	558	269.00/cwt	269.00–269.00	1,501	5
Steers	Medium and Large 1-2	—	431	273.00/cwt	273.00–273.00	1,177	20
Steers	Medium and Large 1	—	606	292.00/cwt	292.00–292.00	1,770	9
Heifers	Medium and Large 1-2	—	741	231.00/cwt	231.00–231.00	1,712	6
Heifers	Medium and Large 1-2	—	660	240.50/cwt	240.50–240.50	1,587	24
Steers	Medium and Large 1	—	693	286.75/cwt	286.75–286.75	1,987	22
Heifers	Medium and Large 1	—	752	239.50/cwt	239.50–239.50	1,801	7
Heifers	Medium and Large 1	—	1,060	220.00/cwt	220.00–220.00	2,332	14
Heifers	Medium and Large 1	—	692	243.03/cwt	242.50–243.50	1,682	23
Steers	Medium and Large 1Unweaned	—	467	337.50/cwt	337.50–337.50	1,576	14
Heifers	Medium and Large 1	—	1,018	233.29/cwt	223.00–234.25	2,375	68
Heifers	Medium and Large 1-2	—	620	245.20/cwt	239.00–249.00	1,520	13
Heifers	Medium and Large 1-2	—	530	266.00/cwt	266.00–266.00	1,410	16
Heifers	Medium and Large 1	—	975	234.43/cwt	232.00–235.00	2,286	52
Heifers	Medium and Large 1Unweaned	—	446	302.50/cwt	302.50–302.50	1,349	11
Steers	Medium and Large 1	—	579	289.00/cwt	289.00–289.00	1,673	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 Aug 23, 2023

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

Receipts 570Last week 2,550Year ago 3,735

No comparable offerings from two weeks ago a trend will not be given for steers or heifers. Demand was good for all offerings. Next Auction Dates: Sept 6th 20th and 27th.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
30	—	877	242.75	242.75
36	—	934	230.00–236.75	232.06
52	—	630	269.00	269.00
64	—	573	275.00–276.00	275.83
7	—	752	239.50	239.50
14	—	1,060	220.00	220.00
23	—	692	242.50–243.50	243.03
68	—	1,018	223.00–234.25	233.29
52	—	975	232.00–235.00	234.43
Heifers — Medium and Large 1-2$ per cwt · actual wt
5	—	558	269.00	269.00
6	—	741	231.00	231.00
24	—	660	240.50	240.50
13	—	620	239.00–249.00	245.20
16	—	530	266.00	266.00
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
11	—	446	302.50	302.50
Steers — Medium and Large 1-2$ per cwt · actual wt
9	—	592	270.00	270.00
13	—	605	278.00	278.00
20	—	431	273.00	273.00
Steers — Medium and Large 1$ per cwt · actual wt
9	—	606	292.00	292.00
22	—	693	286.75	286.75
7	—	579	289.00	289.00
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
14	—	467	337.50	337.50

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

Beef & Retail — from the box to the grocery shelf

Feed & Hay — the cost side, cash not futures

Cows & Bred Stock — the rebuild market

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