Name: Bassett livestock auction prices — 2023-10-11
Creator: RaisedBeef
Published: 2023-10-11

Reporter comment USDA

As filed

Compared with last week, 800 to 950 lbs steers traded 2.00 to 10.00 lower and 850 lbs heifers traded 5.00 lower. First show of Spring calves off the cow today, a good show of interest by several buyers in the barn and internet bidding. Next Auction Dates Oct 18th Special Bred Cow and Pair Auction, Oct 25th Special Calves and Yearlings

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $260.42/cwt on 2,693 head.

Average price

$260.42

2,693 head · 839 lb average

Value per head Derived

$2,185

Price × average weight ÷ 100

Grade differential Derived

$220

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

$10.69/cwt at this weight

vs the market

−20.21

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	846	261.90	2,216	2,319
Medium and Large 1-2	794	251.21	1,996	374

One grade step is worth $10.69/cwt here — about $220 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 sale2,693 hd

260.42

—

NE average10 barns · 13,181 hd

280.63

−20.21

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

48 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 1-2	—	1,000	220.00/cwt	220.00–220.00	2,200	60
Steers	Medium and Large 1-2	—	565	264.00/cwt	264.00–264.00	1,492	16
Steers	Medium and Large 1-2	—	808	244.00/cwt	244.00–244.00	1,972	14
Steers	Medium and Large 1-2	—	751	250.00/cwt	250.00–250.00	1,878	14
Steers	Medium and Large 1-2	—	877	245.00/cwt	245.00–245.00	2,149	57
Steers	Medium and Large 1-2	—	465	313.00/cwt	313.00–313.00	1,455	39
Steers	Medium and Large 1-2	—	372	307.50/cwt	307.50–307.50	1,144	12
Steers	Medium and Large 1	—	489	333.87/cwt	328.00–345.00	1,633	74
Steers	Medium and Large 1	—	1,089	219.50/cwt	219.50–219.50	2,390	55
Steers	Medium and Large 1	—	516	319.27/cwt	312.00–320.00	1,647	53
Steers	Medium and Large 1	—	656	241.00/cwt	241.00–241.00	1,581	10
Steers	Medium and Large 1-2	—	903	237.00/cwt	237.00–237.00	2,140	68
Steers	Medium and Large 1Unweaned	—	634	275.45/cwt	269.00–288.50	1,746	26
Steers	Medium and Large 1	—	432	332.50/cwt	332.50–332.50	1,436	8
Steers	Medium and Large 1	—	980	245.86/cwt	243.50–248.50	2,409	532
Steers	Medium and Large 1	—	399	335.00/cwt	335.00–335.00	1,337	7
Steers	Medium and Large 1	—	585	291.36/cwt	281.00–294.00	1,704	88
Steers	Medium and Large 1-2	—	656	249.00/cwt	249.00–249.00	1,633	13
Heifers	Medium and Large 1-2	—	810	228.63/cwt	225.00–230.75	1,852	30
Heifers	Medium and Large 1-2	—	388	292.00/cwt	292.00–292.00	1,133	20
Heifers	Medium and Large 1-2	—	754	227.00/cwt	227.00–227.00	1,712	12
Heifers	Medium and Large 1-2	—	744	226.00/cwt	226.00–226.00	1,681	8
Heifers	Medium and Large 1-2	—	647	241.00/cwt	241.00–241.00	1,559	8
Heifers	Medium and Large 1	—	404	304.00/cwt	304.00–304.00	1,228	8
Steers	Medium and Large 1	—	778	266.99/cwt	264.00–269.50	2,077	151
Steers	Medium and Large 1	—	924	244.61/cwt	239.50–249.00	2,260	356
Steers	Medium and Large 1	—	869	254.49/cwt	250.50–259.75	2,212	398
Steers	Medium and Large 1-2	—	733	257.00/cwt	257.00–257.00	1,884	16
Steers	Medium and Large 1-2	—	547	281.00/cwt	281.00–281.00	1,537	28
Steers	Medium and Large 1-2	—	992	227.50/cwt	227.50–227.50	2,257	37
Heifers	Medium and Large 1Spayed	—	872	236.52/cwt	226.25–248.00	2,062	505
Steers	Medium and Large 1Fancy	—	590	307.00/cwt	307.00–307.00	1,811	87
Steers	Medium and Large 1Fancy	—	509	341.00/cwt	341.00–341.00	1,736	90
Steers	Medium and Large 1Fancy	—	917	255.75/cwt	255.75–255.75	2,345	131
Steers	Medium and Large 1	—	1,012	240.25/cwt	240.25–240.25	2,431	103
Steers	Medium and Large 1	—	819	255.36/cwt	249.25–264.00	2,091	150
Heifers	Medium and Large 1	—	474	276.99/cwt	275.00–280.00	1,313	44
Heifers	Medium and Large 1	—	519	277.86/cwt	273.00–282.00	1,442	45
Heifers	Medium and Large 1	—	912	227.50/cwt	227.50–227.50	2,075	58
Heifers	Medium and Large 1	—	841	232.80/cwt	231.00–241.00	1,958	83
Heifers	Medium and Large 1Spayed	—	819	236.46/cwt	235.00–238.50	1,937	162
Heifers	Medium and Large 1Spayed	—	923	226.93/cwt	226.00–227.25	2,095	209
Heifers	Medium and Large 1-2	—	515	265.55/cwt	261.00–267.00	1,368	42
Heifers	Medium and Large 1-2	—	443	283.00/cwt	283.00–283.00	1,254	38
Heifers	Medium and Large 1	—	702	248.25/cwt	248.25–248.25	1,743	87
Heifers	Medium and Large 1	—	786	239.91/cwt	236.75–242.00	1,886	117
Heifers	Medium and Large 1	—	569	264.00/cwt	264.00–264.00	1,502	34
Heifers	Medium and Large 1	—	647	261.00/cwt	261.00–261.00	1,689	37

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 11, 2023

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

Receipts 4,440Last week 1,935Year ago 2,380

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
60	—	1,000	220.00	220.00
16	—	565	264.00	264.00
14	—	808	244.00	244.00
14	—	751	250.00	250.00
57	—	877	245.00	245.00
39	—	465	313.00	313.00
12	—	372	307.50	307.50
68	—	903	237.00	237.00
13	—	656	249.00	249.00
16	—	733	257.00	257.00
28	—	547	281.00	281.00
37	—	992	227.50	227.50
Steers — Medium and Large 1$ per cwt · actual wt
74	—	489	328.00–345.00	333.87
55	—	1,089	219.50	219.50
53	—	516	312.00–320.00	319.27
10	—	656	241.00	241.00
8	—	432	332.50	332.50
532	—	980	243.50–248.50	245.86
7	—	399	335.00	335.00
88	—	585	281.00–294.00	291.36
151	—	778	264.00–269.50	266.99
356	—	924	239.50–249.00	244.61
398	—	869	250.50–259.75	254.49
103	—	1,012	240.25	240.25
150	—	819	249.25–264.00	255.36
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
26	—	634	269.00–288.50	275.45
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
87	—	590	307.00	307.00
90	—	509	341.00	341.00
131	—	917	255.75	255.75
Heifers — Medium and Large 1-2$ per cwt · actual wt
30	—	810	225.00–230.75	228.63
20	—	388	292.00	292.00
12	—	754	227.00	227.00
8	—	744	226.00	226.00
8	—	647	241.00	241.00
42	—	515	261.00–267.00	265.55
38	—	443	283.00	283.00
Heifers — Medium and Large 1$ per cwt · actual wt
8	—	404	304.00	304.00
44	—	474	275.00–280.00	276.99
45	—	519	273.00–282.00	277.86
58	—	912	227.50	227.50
83	—	841	231.00–241.00	232.80
87	—	702	248.25	248.25
117	—	786	236.75–242.00	239.91
34	—	569	264.00	264.00
37	—	647	261.00	261.00
Heifers — Medium and Large 1 · Spayed$ per cwt · actual wt
505	—	872	226.25–248.00	236.52
162	—	819	235.00–238.50	236.46
209	—	923	226.00–227.25	226.93

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.

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