Name: Bassett livestock auction prices — 2023-09-27
Creator: RaisedBeef
Published: 2023-09-27

Reporter comment USDA

As filed

Compared with last week 900 lbs steers traded 7.00 lower, 950 to 1000 steers traded steady to 2.00 higher. Limited number of comparable offerings for heifers with 850 lbs offerings trading 8.00 lower. Several load lots today with active internet bidding and several buyers at the barn. Next Auction Dates Oct 4th, 11th, and 25th Calves and Yearlings. Oct 18th Bred Cows

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $251.51/cwt on 1,495 head.

Average price

$251.51

1,495 head · 944 lb average

Value per head Derived

$2,375

Price × average weight ÷ 100

Grade differential Derived

−$441

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

$8.58/cwt at this weight

vs the market

−15.99

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	749	259.84	1,946	44
Medium and Large 1	950	251.26	2,388	1,451

One grade step is worth $8.58/cwt here — about −$441 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 sale1,495 hd

251.51

—

NE average4 barns · 2,836 hd

267.50

−15.99

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

24 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	—	993	222.50/cwt	222.50–222.50	2,209	15
Heifers	Medium and Large 1	—	1,113	196.00/cwt	196.00–196.00	2,181	24
Heifers	Medium and Large 1	—	728	260.25/cwt	260.25–260.25	1,895	45
Heifers	Medium and Large 1	—	903	244.00/cwt	244.00–244.00	2,203	51
Heifers	Medium and Large 1	—	1,002	231.91/cwt	226.00–232.50	2,324	100
Heifers	Medium and Large 1	—	805	239.00/cwt	239.00–239.00	1,924	145
Steers	Medium and Large 1-2	—	782	256.96/cwt	254.50–258.00	2,009	33
Steers	Medium and Large 1	—	834	258.31/cwt	257.75–259.00	2,154	118
Steers	Medium and Large 1	—	863	257.64/cwt	256.50–258.75	2,223	146
Steers	Medium and Large 1	—	930	255.28/cwt	240.25–256.50	2,374	257
Steers	Medium and Large 1	—	1,054	240.82/cwt	240.00–241.50	2,538	362
Steers	Medium and Large 1	—	967	251.42/cwt	244.25–256.00	2,431	427
Heifers	Medium and Large 1Spayed	—	803	245.00/cwt	245.00–245.00	1,967	70
Heifers	Medium and Large 1Spayed	—	929	244.00/cwt	244.00–244.00	2,267	115
Heifers	Medium and Large 1Spayed	—	858	242.20/cwt	240.00–244.25	2,078	136
Steers	Medium and Large 1	—	1,001	242.00/cwt	242.00–242.00	2,422	58
Steers	Medium and Large 1	—	757	268.76/cwt	261.50–270.00	2,035	83
Steers	Medium and Large 1-2	—	650	268.50/cwt	268.50–268.50	1,745	11
Heifers	Medium and Large 1-2	—	741	247.11/cwt	245.00–253.00	1,831	60
Heifers	Medium and Large 1-2	—	642	254.50/cwt	254.50–254.50	1,634	11
Heifers	Medium and Large 1-2	—	1,003	223.00/cwt	223.00–223.00	2,237	12
Heifers	Medium and Large 1-2	—	651	251.50/cwt	251.50–251.50	1,637	14
Heifers	Medium and Large 1	—	874	239.30/cwt	235.00–239.75	2,091	303
Heifers	Medium and Large 1Spayed	—	747	249.00/cwt	249.00–249.00	1,860	28

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 27, 2023

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

Receipts 2,800Last week 3,070Year ago 2,440

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
15	—	993	222.50	222.50
24	—	1,113	196.00	196.00
45	—	728	260.25	260.25
51	—	903	244.00	244.00
100	—	1,002	226.00–232.50	231.91
145	—	805	239.00	239.00
303	—	874	235.00–239.75	239.30
Heifers — Medium and Large 1 · Spayed$ per cwt · actual wt
70	—	803	245.00	245.00
115	—	929	244.00	244.00
136	—	858	240.00–244.25	242.20
28	—	747	249.00	249.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
60	—	741	245.00–253.00	247.11
11	—	642	254.50	254.50
12	—	1,003	223.00	223.00
14	—	651	251.50	251.50
Steers — Medium and Large 1-2$ per cwt · actual wt
33	—	782	254.50–258.00	256.96
11	—	650	268.50	268.50
Steers — Medium and Large 1$ per cwt · actual wt
118	—	834	257.75–259.00	258.31
146	—	863	256.50–258.75	257.64
257	—	930	240.25–256.50	255.28
362	—	1,054	240.00–241.50	240.82
427	—	967	244.25–256.00	251.42
58	—	1,001	242.00	242.00
83	—	757	261.50–270.00	268.76

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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