Name: Bassett livestock auction prices — 2023-10-25
Creator: RaisedBeef
Published: 2023-10-25

Reporter comment USDA

As filed

A limited number of comparable offerings from two weeks ago, with 900 lbs steers trading steady. Demand was good with several buyers and active internet bidding. Cooler weather in the area with light rain showers today. Next Auction Dates Special Calves and Yearlings: Nov 1st 8th 15th and Special Bred Cows & Pairs Nov 29th

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $289.30/cwt on 1,691 head.

Average price

$289.30

1,691 head · 617 lb average

Value per head Derived

$1,784

Price × average weight ÷ 100

Grade differential Derived

$277

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

$6.95/cwt at this weight

vs the market

−5.29

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	628	290.24	1,822	1,462
Medium and Large 1-2	546	283.29	1,546	229

One grade step is worth $6.95/cwt here — about $277 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 sale1,691 hd

289.30

—

NE average12 barns · 17,598 hd

294.59

−5.29

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

41 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	—	1,183	181.00/cwt	181.00–181.00	2,141	5
Heifers	Medium and Large 1	—	324	315.00/cwt	315.00–315.00	1,021	7
Heifers	Medium and Large 1	—	1,123	187.00/cwt	187.00–187.00	2,100	8
Heifers	Medium and Large 1	—	918	234.00/cwt	234.00–234.00	2,148	58
Heifers	Medium and Large 1	—	761	240.50/cwt	240.50–240.50	1,830	60
Heifers	Medium and Large 1-2	—	437	288.08/cwt	287.00–295.00	1,259	75
Steers	Medium and Large 1	—	433	343.56/cwt	332.00–354.00	1,488	107
Steers	Medium and Large 1Unweaned	—	663	264.00/cwt	264.00–264.00	1,750	47
Steers	Medium and Large 1	—	713	268.06/cwt	266.50–270.00	1,911	128
Steers	Medium and Large 1Unweaned	—	618	284.74/cwt	284.00–289.00	1,760	124
Steers	Medium and Large 1	—	921	245.75/cwt	239.25–248.50	2,263	184
Steers	Medium and Large 1-2	—	571	273.66/cwt	262.00–276.00	1,563	53
Steers	Medium and Large 1	—	679	252.68/cwt	249.75–258.00	1,716	115
Steers	Medium and Large 1	—	591	286.24/cwt	282.00–290.00	1,692	180
Steers	Medium and Large 1	—	526	320.70/cwt	312.00–330.50	1,687	320
Heifers	Medium and Large 1	—	1,023	219.88/cwt	213.25–224.00	2,249	119
Steers	Medium and Large 1	—	865	246.00/cwt	246.00–246.00	2,128	15
Steers	Medium and Large 1	—	361	348.00/cwt	348.00–348.00	1,256	14
Steers	Medium and Large 1-2	—	627	261.14/cwt	256.00–269.00	1,637	51
Steers	Medium and Large 1-2	—	507	294.60/cwt	265.00–300.00	1,494	117
Steers	Medium and Large 1	—	630	282.75/cwt	282.75–282.75	1,781	160
Heifers	Medium and Large 1	—	474	289.59/cwt	282.00–295.00	1,373	179
Steers	Medium and Large 1-2	—	424	323.00/cwt	323.00–323.00	1,370	8
Heifers	Medium and Large 1Spayed	—	889	238.50/cwt	238.50–238.50	2,120	64
Heifers	Medium and Large 1Spayed	—	988	226.50/cwt	226.50–226.50	2,238	108
Heifers	Medium and Large 1Spayed	—	910	238.75/cwt	238.75–238.75	2,173	53
Heifers	Medium and Large 1Spayed	—	823	243.50/cwt	243.50–243.50	2,004	71
Heifers	Medium and Large 1-2	—	580	250.00/cwt	250.00–250.00	1,450	14
Steers	Medium and Large 1	—	464	342.98/cwt	335.00–345.00	1,591	68
Heifers	Medium and Large 1-2	—	521	257.11/cwt	250.00–268.00	1,340	33
Heifers	Medium and Large 1	—	817	238.76/cwt	234.75–240.50	1,951	84
Heifers	Medium and Large 1	—	890	235.61/cwt	220.00–237.75	2,097	130
Heifers	Medium and Large 1	—	716	241.71/cwt	239.50–247.00	1,731	62
Heifers	Medium and Large 1	—	412	304.47/cwt	303.00–306.00	1,254	78
Heifers	Medium and Large 1	—	526	278.44/cwt	273.00–280.00	1,465	123
Heifers	Medium and Large 1-2	—	618	235.00/cwt	235.00–235.00	1,452	6
Heifers	Medium and Large 1-2	—	927	226.50/cwt	226.50–226.50	2,100	10
Heifers	Medium and Large 1	—	384	294.62/cwt	292.00–296.00	1,131	14
Heifers	Medium and Large 1-2	—	479	266.98/cwt	258.00–271.00	1,279	29
Heifers	Medium and Large 1	—	618	242.14/cwt	240.00–243.00	1,496	24
Heifers	Medium and Large 1	—	568	264.80/cwt	258.00–270.00	1,504	52

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 25, 2023

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

Receipts 3,390Last week 4,440Year ago 3,095

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
5	—	1,183	181.00	181.00
7	—	324	315.00	315.00
8	—	1,123	187.00	187.00
58	—	918	234.00	234.00
60	—	761	240.50	240.50
119	—	1,023	213.25–224.00	219.88
179	—	474	282.00–295.00	289.59
84	—	817	234.75–240.50	238.76
130	—	890	220.00–237.75	235.61
62	—	716	239.50–247.00	241.71
78	—	412	303.00–306.00	304.47
123	—	526	273.00–280.00	278.44
14	—	384	292.00–296.00	294.62
24	—	618	240.00–243.00	242.14
52	—	568	258.00–270.00	264.80
Heifers — Medium and Large 1-2$ per cwt · actual wt
75	—	437	287.00–295.00	288.08
14	—	580	250.00	250.00
33	—	521	250.00–268.00	257.11
6	—	618	235.00	235.00
10	—	927	226.50	226.50
29	—	479	258.00–271.00	266.98
Heifers — Medium and Large 1 · Spayed$ per cwt · actual wt
64	—	889	238.50	238.50
108	—	988	226.50	226.50
53	—	910	238.75	238.75
71	—	823	243.50	243.50
Steers — Medium and Large 1$ per cwt · actual wt
107	—	433	332.00–354.00	343.56
128	—	713	266.50–270.00	268.06
184	—	921	239.25–248.50	245.75
115	—	679	249.75–258.00	252.68
180	—	591	282.00–290.00	286.24
320	—	526	312.00–330.50	320.70
15	—	865	246.00	246.00
14	—	361	348.00	348.00
160	—	630	282.75	282.75
68	—	464	335.00–345.00	342.98
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
47	—	663	264.00	264.00
124	—	618	284.00–289.00	284.74
Steers — Medium and Large 1-2$ per cwt · actual wt
53	—	571	262.00–276.00	273.66
51	—	627	256.00–269.00	261.14
117	—	507	265.00–300.00	294.60
8	—	424	323.00	323.00

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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