Name: Bassett livestock auction prices — 2023-11-08
Creator: RaisedBeef
Published: 2023-11-08

Reporter comment USDA

As filed

Compared with last week 450 and 500 lbs steers traded 13.00 to 19.00 higher, 550 lbs steers traded 2.00 lower, and 500 lbs heifer offering traded 7.00 lower. Demand was good with several buyers and active internet bidding. Warmer weather in the Sandhills of NE. Next auction Date: Nov 15th Special Calves and Yearlings

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $305.29/cwt on 2,268 head.

Average price

$305.29

2,268 head · 542 lb average

Value per head Derived

$1,654

Price × average weight ÷ 100

Grade differential Derived

$131

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

$16.14/cwt at this weight

vs the market

+9.50

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	545	308.93	1,684	1,757
Medium and Large 1-2	530	292.79	1,553	511

One grade step is worth $16.14/cwt here — about $131 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 sale2,268 hd

305.29

—

NE average12 barns · 18,366 hd

295.79

+9.50

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

31 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	—	475	281.58/cwt	278.00–285.00	1,338	84
Heifers	Medium and Large 1	—	526	271.64/cwt	263.00–275.00	1,429	154
Heifers	Medium and Large 1	—	431	285.80/cwt	282.50–296.00	1,232	188
Heifers	Medium and Large 1-2	—	333	317.52/cwt	310.00–330.00	1,057	30
Heifers	Medium and Large 1	—	646	215.00/cwt	215.00–215.00	1,389	15
Heifers	Medium and Large 1	—	580	240.87/cwt	231.00–246.00	1,397	70
Steers	Medium and Large 1	—	650	264.50/cwt	264.50–264.50	1,719	28
Steers	Medium and Large 1	—	474	335.89/cwt	328.00–342.00	1,592	229
Steers	Medium and Large 1	—	583	287.59/cwt	280.00–292.50	1,677	548
Steers	Medium and Large 1	—	745	260.50/cwt	260.50–260.50	1,941	26
Steers	Medium and Large 1-2	—	573	258.61/cwt	245.00–271.00	1,482	51
Steers	Medium and Large 1	—	320	366.14/cwt	362.00–370.00	1,172	27
Steers	Medium and Large 1-2	—	687	248.64/cwt	235.00–251.00	1,708	66
Steers	Medium and Large 1-2	—	383	331.43/cwt	330.00–339.00	1,269	38
Steers	Medium and Large 1	—	432	344.29/cwt	337.00–357.00	1,487	105
Steers	Medium and Large 1	—	628	279.06/cwt	278.50–279.50	1,752	129
Steers	Medium and Large 1	—	517	322.51/cwt	311.00–338.00	1,667	276
Steers	Medium and Large 1-2	—	528	304.11/cwt	300.00–306.00	1,606	156
Steers	Medium and Large 1-2	—	637	262.11/cwt	260.50–266.00	1,670	53
Heifers	Medium and Large 1	—	371	362.50/cwt	362.50–362.50	1,345	58
Steers	Medium and Large 1-2	—	423	325.42/cwt	322.00–329.00	1,377	72
Steers	Medium and Large 1Fancy	—	564	299.29/cwt	298.00–299.50	1,688	100
Steers	Medium and Large 1Fancy	—	502	344.00/cwt	344.00–344.00	1,727	90
Steers	Medium and Large 1-2	—	489	299.00/cwt	270.00–313.00	1,462	67
Steers	Medium and Large 1	—	390	364.91/cwt	340.00–369.00	1,423	68
Steers	Medium and Large 1Fancy	—	661	285.00/cwt	285.00–285.00	1,884	131
Steers	Medium and Large 1-2	—	327	328.00/cwt	328.00–328.00	1,073	8
Heifers	Medium and Large 1-2	—	483	264.74/cwt	264.00–266.00	1,279	97
Heifers	Medium and Large 1-2	—	368	298.45/cwt	298.00–299.00	1,098	11
Heifers	Medium and Large 1-2	—	433	275.00/cwt	275.00–275.00	1,191	22
Heifers	Medium and Large 1-2	—	520	241.00/cwt	241.00–241.00	1,253	12

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 8, 2023

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

Receipts 3,250Last week 1,890Year ago 3,220

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
84	—	475	278.00–285.00	281.58
154	—	526	263.00–275.00	271.64
188	—	431	282.50–296.00	285.80
15	—	646	215.00	215.00
70	—	580	231.00–246.00	240.87
58	—	371	362.50	362.50
Heifers — Medium and Large 1-2$ per cwt · actual wt
30	—	333	310.00–330.00	317.52
97	—	483	264.00–266.00	264.74
11	—	368	298.00–299.00	298.45
22	—	433	275.00	275.00
12	—	520	241.00	241.00
Steers — Medium and Large 1$ per cwt · actual wt
28	—	650	264.50	264.50
229	—	474	328.00–342.00	335.89
548	—	583	280.00–292.50	287.59
26	—	745	260.50	260.50
27	—	320	362.00–370.00	366.14
105	—	432	337.00–357.00	344.29
129	—	628	278.50–279.50	279.06
276	—	517	311.00–338.00	322.51
68	—	390	340.00–369.00	364.91
Steers — Medium and Large 1-2$ per cwt · actual wt
51	—	573	245.00–271.00	258.61
66	—	687	235.00–251.00	248.64
38	—	383	330.00–339.00	331.43
156	—	528	300.00–306.00	304.11
53	—	637	260.50–266.00	262.11
72	—	423	322.00–329.00	325.42
67	—	489	270.00–313.00	299.00
8	—	327	328.00	328.00
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
100	—	564	298.00–299.50	299.29
90	—	502	344.00	344.00
131	—	661	285.00	285.00

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

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