Name: Bassett livestock auction prices — 2023-09-06
Creator: RaisedBeef
Published: 2023-09-06

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 with several buyers and active internet bidding. Next Auction Dates for Sept 20th and 28th.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $262.29/cwt on 2,038 head.

Average price

$262.29

2,038 head · 876 lb average

Value per head Derived

$2,299

Price × average weight ÷ 100

Grade differential Derived

−$551

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

$6.75/cwt at this weight

vs the market

+8.10

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	660	268.71	1,774	101
Medium and Large 1	888	261.95	2,325	1,937

One grade step is worth $6.75/cwt here — about −$551 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 sale2,038 hd

262.29

—

NE average4 barns · 4,648 hd

254.19

+8.10

A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Replacement cattle Per head

By class, stage and age

Bred stock and pairs are reported per head, not per hundredweight — these prices are never mixed with the $/cwt figures above.

Class	Stage	Age	Avg wt	$/head	Head
Cow-Calf Pairs	1st Stage (1-3 mo)	Middle Aged (5-8 yrs)	1,650	$2,693	54

Every lot, as filed

31 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
Steers	Medium and Large 1	—	1,059	237.50/cwt	237.50–237.50	2,515	120
Steers	Medium and Large 1NHTC	—	913	259.00/cwt	259.00–259.00	2,365	63
Heifers	Medium and Large 1	—	1,019	223.82/cwt	223.50–224.00	2,281	14
Heifers	Medium and Large 1	—	558	284.50/cwt	284.50–284.50	1,588	18
Heifers	Medium and Large 1	—	1,056	227.50/cwt	227.50–227.50	2,402	19
Heifers	Medium and Large 1	—	600	271.25/cwt	271.25–271.25	1,628	40
Heifers	Medium and Large 1	—	731	252.16/cwt	248.00–258.00	1,843	47
Heifers	Medium and Large 1	—	970	235.56/cwt	234.00–238.00	2,285	100
Steers	Medium and Large 1	—	1,030	241.50/cwt	241.50–241.50	2,487	165
Steers	Medium and Large 1	—	681	277.10/cwt	276.00–278.00	1,887	96
Steers	Medium and Large 1-2	—	670	247.00/cwt	247.00–247.00	1,655	8
Steers	Medium and Large 1-2	—	732	268.00/cwt	268.00–268.00	1,962	45
Steers	Medium and Large 1-2	—	631	260.00/cwt	260.00–260.00	1,641	14
Steers	Medium and Large 1-2	—	575	278.33/cwt	273.00–284.00	1,600	34
Steers	Medium and Large 1	—	887	265.55/cwt	257.00–267.25	2,355	607
Steers	Medium and Large 1	—	609	294.00/cwt	294.00–294.00	1,790	33
Steers	Medium and Large 1	—	956	256.25/cwt	256.25–256.25	2,450	133
Heifers	Medium and Large 1	—	878	242.02/cwt	236.50–244.00	2,125	320
Steers	Medium and Large 1	—	742	283.50/cwt	283.50–283.50	2,104	140
Heifers	Medium and Large 1NHTC	—	818	239.25/cwt	239.25–239.25	1,957	70
Heifers	Medium and Large 1NHTC	—	928	237.00/cwt	237.00–237.00	2,199	124
Steers	Medium and Large 1	—	916	260.22/cwt	250.00–266.00	2,384	342
Steers	Medium and Large 1	—	754	269.00/cwt	269.00–269.00	2,028	8
Heifers	Medium and Large 1Spayed	—	911	239.75/cwt	239.75–239.75	2,184	58
Steers	Medium and Large 1	—	829	262.30/cwt	262.00–262.75	2,174	230
Heifers	Medium and Large 1	—	818	244.21/cwt	235.00–247.00	1,998	221
Heifers	Medium and Large 1-2	—	551	253.00/cwt	253.00–253.00	1,394	23
Heifers	Medium and Large 1NHTC	—	871	239.75/cwt	239.75–239.75	2,088	144
Heifers	Medium and Large 1	—	916	240.01/cwt	227.00–242.50	2,198	127
Cow-Calf Pairs	Medium and Large 1	—	1,672	2,735.48/head	2,685.00–2,860.00	2,735	49
Cow-Calf Pairs	Medium and Large 1	—	1,430	2,275.00/head	2,275.00–2,275.00	2,275	5

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 Sep 6, 2023

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

Feeder CattleReceipts 3,450Last week 570Year ago 2,635

Replacement CattleReceipts 115Last week 0Year ago 235

No comparable offerings from two weeks ago a trend will not be given for steers or heifers. Demand was good with several buyers and active internet bidding. Next Auction Dates for Sept 20th and 28th.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
120	—	1,059	237.50	237.50
165	—	1,030	241.50	241.50
96	—	681	276.00–278.00	277.10
607	—	887	257.00–267.25	265.55
33	—	609	294.00	294.00
133	—	956	256.25	256.25
140	—	742	283.50	283.50
342	—	916	250.00–266.00	260.22
8	—	754	269.00	269.00
230	—	829	262.00–262.75	262.30
Steers — Medium and Large 1 · NHTC$ per cwt · actual wt
63	—	913	259.00	259.00
Steers — Medium and Large 1-2$ per cwt · actual wt
8	—	670	247.00	247.00
45	—	732	268.00	268.00
14	—	631	260.00	260.00
34	—	575	273.00–284.00	278.33
Heifers — Medium and Large 1$ per cwt · actual wt
14	—	1,019	223.50–224.00	223.82
18	—	558	284.50	284.50
19	—	1,056	227.50	227.50
40	—	600	271.25	271.25
47	—	731	248.00–258.00	252.16
100	—	970	234.00–238.00	235.56
320	—	878	236.50–244.00	242.02
221	—	818	235.00–247.00	244.21
127	—	916	227.00–242.50	240.01
Heifers — Medium and Large 1 · NHTC$ per cwt · actual wt
70	—	818	239.25	239.25
124	—	928	237.00	237.00
144	—	871	239.75	239.75
Heifers — Medium and Large 1 · Spayed$ per cwt · actual wt
58	—	911	239.75	239.75
Heifers — Medium and Large 1-2$ per cwt · actual wt
23	—	551	253.00	253.00

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 1$ per head · actual wt
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	49	—	1,672	2,685.00–2,860.00	2,735.48
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	5	—	1,430	2,275.00	2,275.00

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