Name: Bassett livestock auction prices — 2023-11-01
Creator: RaisedBeef
Published: 2023-11-01

Reporter comment USDA

As filed

Compared with last week 550 lbs steers traded 3.00 higher, 600 lbs steers traded 8.00 lower, 900 lbs steers traded 4.00 higher, and 500 lbs heifer offerings traded steady. Demand was good, with several buyers today. A long week of cold weather in the Sandhills

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $268.28/cwt on 1,699 head.

Average price

$268.28

1,699 head · 717 lb average

Value per head Derived

$1,924

Price × average weight ÷ 100

Grade differential Derived

−$688

per head · Medium and Large 1 over Large 1

$41.17/cwt at this weight

vs the market

−18.08

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	674	273.41	1,842	1,340
Medium and Large 1-2	574	273.41	1,570	147
Large 1	1,090	232.24	2,531	212

One grade step is worth $41.17/cwt here — about −$688 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 sale1,699 hd

268.28

—

NE average9 barns · 15,907 hd

286.36

−18.08

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

29 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	—	961	226.50/cwt	226.50–226.50	2,177	20
Heifers	Medium and Large 1	—	570	271.00/cwt	271.00–271.00	1,545	24
Heifers	Medium and Large 1	—	474	268.26/cwt	265.00–270.00	1,272	58
Heifers	Medium and Large 1-2	—	500	259.00/cwt	259.00–259.00	1,295	35
Heifers	Medium and Large 1-2	—	818	222.50/cwt	222.50–222.50	1,820	5
Heifers	Medium and Large 1-2	—	413	264.00/cwt	264.00–264.00	1,090	8
Steers	Medium and Large 1Unweaned	—	652	264.00/cwt	264.00–264.00	1,721	433
Steers	Medium and Large 1Unweaned	—	632	276.44/cwt	271.50–278.50	1,747	174
Steers	Medium and Large 1-2Unweaned	—	621	256.00/cwt	256.00–256.00	1,590	53
Steers	Medium and Large 1	—	850	246.00/cwt	246.00–246.00	2,091	8
Steers	Medium and Large 1	—	472	322.28/cwt	314.00–326.00	1,521	113
Steers	Medium and Large 1	—	909	250.23/cwt	249.50–251.00	2,275	244
Steers	Medium and Large 1	—	567	289.99/cwt	287.00–298.00	1,644	129
Steers	Medium and Large 1	—	766	243.00/cwt	243.00–243.00	1,861	11
Steers	Medium and Large 1-2	—	588	270.39/cwt	259.00–272.00	1,590	49
Steers	Medium and Large 1Fancy	—	674	297.00/cwt	297.00–297.00	2,002	86
Steers	Medium and Large 1	—	535	303.26/cwt	297.00–305.00	1,622	55
Steers	Large 1	—	1,052	236.00/cwt	236.00–236.00	2,483	157
Steers	Medium and Large 1-2	—	523	292.50/cwt	292.50–292.50	1,530	37
Steers	Medium and Large 1	—	711	248.41/cwt	247.00–250.00	1,766	32
Steers	Medium and Large 1	—	670	259.40/cwt	254.00–271.00	1,738	55
Heifers	Medium and Large 1-2	—	592	251.00/cwt	251.00–251.00	1,486	24
Steers	Medium and Large 1-2	—	418	319.00/cwt	319.00–319.00	1,333	8
Heifers	Medium and Large 1	—	521	278.84/cwt	276.00–285.00	1,453	105
Heifers	Medium and Large 1	—	417	273.50/cwt	273.50–273.50	1,140	17
Heifers	Medium and Large 1	—	721	237.00/cwt	237.00–237.00	1,709	17
Heifers	Medium and Large 1	—	610	243.73/cwt	240.00–246.00	1,487	19
Heifers	Medium and Large 1Unweaned	—	617	241.17/cwt	240.00–243.25	1,488	107
Steers	Large 1	—	1,197	221.50/cwt	221.50–221.50	2,651	55

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 Nov 1, 2023

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

Receipts 1,890Last week 3,390Year ago 2,345

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
20	—	961	226.50	226.50
24	—	570	271.00	271.00
58	—	474	265.00–270.00	268.26
105	—	521	276.00–285.00	278.84
17	—	417	273.50	273.50
17	—	721	237.00	237.00
19	—	610	240.00–246.00	243.73
Heifers — Medium and Large 1-2$ per cwt · actual wt
35	—	500	259.00	259.00
5	—	818	222.50	222.50
8	—	413	264.00	264.00
24	—	592	251.00	251.00
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
107	—	617	240.00–243.25	241.17
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
433	—	652	264.00	264.00
174	—	632	271.50–278.50	276.44
Steers — Medium and Large 1-2 · Unweaned$ per cwt · actual wt
53	—	621	256.00	256.00
Steers — Medium and Large 1$ per cwt · actual wt
8	—	850	246.00	246.00
113	—	472	314.00–326.00	322.28
244	—	909	249.50–251.00	250.23
129	—	567	287.00–298.00	289.99
11	—	766	243.00	243.00
55	—	535	297.00–305.00	303.26
32	—	711	247.00–250.00	248.41
55	—	670	254.00–271.00	259.40
Steers — Medium and Large 1-2$ per cwt · actual wt
49	—	588	259.00–272.00	270.39
37	—	523	292.50	292.50
8	—	418	319.00	319.00
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
86	—	674	297.00	297.00
Steers — Large 1$ per cwt · actual wt
157	—	1,052	236.00	236.00
55	—	1,197	221.50	221.50

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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