Name: Bassett livestock auction prices — 2023-12-06
Creator: RaisedBeef
Published: 2023-12-06

Reporter comment USDA

As filed

No recent test of market for an accurate comparison a trend will not be given for steers or heifers. Demand was good with several buyers today. Next Auction Date Dec 13th Special Feeder Cattle Auction

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $278.10/cwt on 2,558 head.

Average price

$278.10

2,558 head · 618 lb average

Value per head Derived

$1,720

Price × average weight ÷ 100

Grade differential Derived

$163

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

$12.28/cwt at this weight

vs the market

+17.94

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	623	279.98	1,745	2,168
Medium and Large 1-2	591	267.70	1,583	390

One grade step is worth $12.28/cwt here — about $163 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 sale2,558 hd

278.10

—

NE average9 barns · 12,090 hd

260.16

+17.94

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

30 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	—	544	250.35/cwt	247.75–253.00	1,362	54
Heifers	Medium and Large 1	—	584	229.93/cwt	222.00–238.50	1,343	75
Heifers	Medium and Large 1	—	650	216.00/cwt	216.00–216.00	1,404	13
Heifers	Medium and Large 1	—	420	266.00/cwt	266.00–266.00	1,117	17
Heifers	Medium and Large 1	—	480	258.55/cwt	257.00–260.00	1,241	21
Heifers	Medium and Large 1	—	616	225.42/cwt	225.00–226.00	1,389	40
Steers	Medium and Large 1	—	417	311.00/cwt	311.00–311.00	1,297	19
Steers	Medium and Large 1	—	780	244.50/cwt	244.50–244.50	1,907	37
Steers	Medium and Large 1	—	631	267.53/cwt	258.00–276.00	1,688	430
Steers	Medium and Large 1	—	578	292.64/cwt	275.00–300.00	1,691	432
Steers	Medium and Large 1	—	1,037	190.83/cwt	190.00–191.50	1,979	18
Steers	Medium and Large 1Thin Fleshed	—	670	264.02/cwt	261.00–267.00	1,769	160
Steers	Medium and Large 1-2	—	442	296.00/cwt	296.00–296.00	1,308	15
Steers	Medium and Large 1-2	—	715	237.74/cwt	237.50–238.00	1,700	41
Steers	Medium and Large 1	—	520	310.88/cwt	309.00–316.50	1,617	85
Steers	Medium and Large 1	—	470	318.76/cwt	316.00–326.50	1,498	100
Steers	Medium and Large 1	—	726	253.06/cwt	249.50–255.00	1,837	237
Steers	Medium and Large 1	—	665	249.77/cwt	247.00–258.50	1,661	242
Steers	Medium and Large 1Fancy	—	600	311.00/cwt	311.00–311.00	1,866	212
Steers	Medium and Large 1-2	—	484	294.43/cwt	291.00–297.00	1,425	56
Steers	Medium and Large 1-2	—	522	291.47/cwt	288.00–298.00	1,521	58
Steers	Medium and Large 1-2	—	569	268.28/cwt	263.00–271.00	1,527	94
Steers	Medium and Large 1-2	—	693	244.28/cwt	242.00–245.50	1,693	114
Steers	Medium and Large 1-2	—	396	313.00/cwt	313.00–313.00	1,239	12
Heifers	Medium and Large 1-2	—	497	251.00/cwt	251.00–251.00	1,247	24
Heifers	Medium and Large 1-2	—	811	180.00/cwt	180.00–180.00	1,460	5
Heifers	Medium and Large 1-2	—	431	253.00/cwt	253.00–253.00	1,090	8
Heifers	Medium and Large 1	—	706	203.25/cwt	203.25–203.25	1,435	21
Steers	Medium and Large 1Fancy	—	671	279.00/cwt	279.00–279.00	1,872	87
Steers	Medium and Large 1Fancy	—	532	330.00/cwt	330.00–330.00	1,756	109

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 Dec 6, 2023

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

Receipts 3,105Last week 2,870Year ago 4,800

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
54	—	544	247.75–253.00	250.35
75	—	584	222.00–238.50	229.93
13	—	650	216.00	216.00
17	—	420	266.00	266.00
21	—	480	257.00–260.00	258.55
40	—	616	225.00–226.00	225.42
21	—	706	203.25	203.25
Heifers — Medium and Large 1-2$ per cwt · actual wt
24	—	497	251.00	251.00
5	—	811	180.00	180.00
8	—	431	253.00	253.00
Steers — Medium and Large 1$ per cwt · actual wt
19	—	417	311.00	311.00
37	—	780	244.50	244.50
430	—	631	258.00–276.00	267.53
432	—	578	275.00–300.00	292.64
18	—	1,037	190.00–191.50	190.83
85	—	520	309.00–316.50	310.88
100	—	470	316.00–326.50	318.76
237	—	726	249.50–255.00	253.06
242	—	665	247.00–258.50	249.77
Steers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
160	—	670	261.00–267.00	264.02
Steers — Medium and Large 1-2$ per cwt · actual wt
15	—	442	296.00	296.00
41	—	715	237.50–238.00	237.74
56	—	484	291.00–297.00	294.43
58	—	522	288.00–298.00	291.47
94	—	569	263.00–271.00	268.28
114	—	693	242.00–245.50	244.28
12	—	396	313.00	313.00
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
212	—	600	311.00	311.00
87	—	671	279.00	279.00
109	—	532	330.00	330.00

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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Feed & Hay — the cost side, cash not futures

Cows & Bred Stock — the rebuild market

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