Name: Bassett livestock auction prices — 2023-10-04
Creator: RaisedBeef
Published: 2023-10-04

Reporter comment USDA

As filed

Compared with last week 850 and 950 lbs steers traded 5.00 to 14,00 lower with no comparable offerings for heifers. Demand was good with several buyers today. Next Auction Dates Oct 11th: starting at 11:00 am, expecting 4000 yearlings and 1000 spring calves

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $238.47/cwt on 1,049 head.

Average price

$238.47

1,049 head · 885 lb average

Value per head Derived

$2,110

Price × average weight ÷ 100

Grade differential Derived

−$208

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

$0.60/cwt at this weight

vs the market

−20.22

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	797	239.06	1,905	16thin
Medium and Large 1	886	238.46	2,113	1,033

One grade step is worth $0.60/cwt here — about −$208 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 sale1,049 hd

238.47

—

NE average8 barns · 6,580 hd

258.69

−20.22

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

19 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	—	565	258.00/cwt	258.00–258.00	1,458	12
Heifers	Medium and Large 1	—	1,057	215.00/cwt	215.00–215.00	2,273	13
Heifers	Medium and Large 1	—	896	230.00/cwt	230.00–230.00	2,061	14
Heifers	Medium and Large 1	—	759	239.25/cwt	239.25–239.25	1,816	30
Heifers	Medium and Large 1	—	977	232.75/cwt	232.50–233.50	2,274	54
Heifers	Medium and Large 1	—	698	245.40/cwt	244.25–248.00	1,713	65
Steers	Medium and Large 1	—	1,037	237.13/cwt	231.75–238.75	2,459	236
Heifers	Medium and Large 1	—	932	235.81/cwt	232.50–237.50	2,198	98
Steers	Medium and Large 1	—	837	248.30/cwt	240.50–250.50	2,078	22
Steers	Medium and Large 1-2	—	863	242.00/cwt	242.00–242.00	2,088	9
Steers	Medium and Large 1	—	970	236.53/cwt	234.00–239.75	2,294	205
Steers	Medium and Large 1-2	—	608	274.00/cwt	274.00–274.00	1,666	6
Steers	Medium and Large 1	—	891	252.37/cwt	243.25–254.75	2,249	302
Heifers	Medium and Large 1Spayed	—	925	238.98/cwt	235.00–245.25	2,211	359
Steers	Medium and Large 1	—	737	255.00/cwt	255.00–255.00	1,879	37
Heifers	Medium and Large 1	—	800	238.00/cwt	238.00–238.00	1,904	130
Heifers	Medium and Large 1Spayed	—	1,003	234.75/cwt	234.75–234.75	2,355	60
Heifers	Medium and Large 1Spayed	—	878	240.35/cwt	238.75–241.00	2,110	198
Heifers	Medium and Large 1-2	—	797	239.06/cwt	238.50–240.00	1,905	16

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 Oct 4, 2023

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

Receipts 1,935Last week 2,800Year ago 3,770

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
12	—	565	258.00	258.00
13	—	1,057	215.00	215.00
14	—	896	230.00	230.00
30	—	759	239.25	239.25
54	—	977	232.50–233.50	232.75
65	—	698	244.25–248.00	245.40
98	—	932	232.50–237.50	235.81
130	—	800	238.00	238.00
Heifers — Medium and Large 1 · Spayed$ per cwt · actual wt
359	—	925	235.00–245.25	238.98
60	—	1,003	234.75	234.75
198	—	878	238.75–241.00	240.35
Heifers — Medium and Large 1-2$ per cwt · actual wt
16	—	797	238.50–240.00	239.06
Steers — Medium and Large 1$ per cwt · actual wt
236	—	1,037	231.75–238.75	237.13
22	—	837	240.50–250.50	248.30
205	—	970	234.00–239.75	236.53
302	—	891	243.25–254.75	252.37
37	—	737	255.00	255.00
Steers — Medium and Large 1-2$ per cwt · actual wt
9	—	863	242.00	242.00
6	—	608	274.00	274.00

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

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