Sale reports / Nebraska / Bassett / 2024-01-03

Bassett

Feeder Cattle · Bassett, Nebraska · Wed, Jan 3
● Final28 lots reportedUSDA AMS · slug 1852
Receipts
4,230 head
500 vs last sale 3,730 490 vs year ago 3,740 · +13.1%
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Reporter comment USDA

As filed

Happy New Year. No recent test of market, for accurate comparison, a trend will not be given. Demand was very good today with several buyers and very active internet bidders. Next Auction Dates for Jan 10th 17th and 31st Special Feeder cattle auctions Jan 24th Special Bred cow and heifer auction

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $292.96/cwt on 2,556 head.
Average price
$292.96
2,556 head · 601 lb average
Value per head Derived
$1,760
Price × average weight ÷ 100
Grade differential Derived
$89
per head · Medium and Large 1 over Medium and Large 1-2
$30.45/cwt at this weight
vs the market
+23.74
vs NE average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1598295.601,7672,335
Medium and Large 1-2633265.151,678221
One grade step is worth $30.45/cwt here — about $89 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 sale2,556 hd
292.96
NE average3 barns · 5,410 hd
269.23
+23.74
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

28 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.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
HeifersMedium and Large 1344270.00/cwt270.00–270.009296
HeifersMedium and Large 1435311.00/cwt311.00–311.001,35338
HeifersMedium and Large 1632259.17/cwt248.00–266.001,638323
HeifersMedium and Large 1559277.46/cwt273.00–287.001,551370
HeifersMedium and Large 1-2489284.00/cwt284.00–284.001,3897
HeifersMedium and Large 1-2619240.64/cwt230.00–245.001,49043
SteersMedium and Large 1-2741240.00/cwt240.00–240.001,77814
SteersMedium and Large 1423362.58/cwt350.00–369.001,534163
SteersMedium and Large 1-2474289.00/cwt289.00–289.001,3706
SteersMedium and Large 1581290.51/cwt285.50–306.001,688472
SteersMedium and Large 1718261.48/cwt260.50–263.751,877273
SteersMedium and Large 1488321.47/cwt319.00–329.001,569177
SteersMedium and Large 1Fancy526323.50/cwt323.50–323.501,702111
SteersMedium and Large 1Fancy609301.59/cwt299.00–302.501,837241
SteersMedium and Large 1683265.86/cwt258.50–277.001,816337
SteersMedium and Large 1Thin Fleshed513331.50/cwt331.50–331.501,70141
SteersMedium and Large 1-2630266.19/cwt251.00–268.001,677201
SteersMedium and Large 1766254.00/cwt254.00–254.001,94675
HeifersMedium and Large 1463304.38/cwt302.00–305.501,40957
HeifersMedium and Large 1535283.63/cwt282.00–286.501,517177
SteersMedium and Large 1529305.26/cwt295.00–309.001,615103
SteersMedium and Large 1634289.59/cwt285.00–293.501,836207
HeifersMedium and Large 1-2440288.00/cwt288.00–288.001,26713
HeifersMedium and Large 1-2533258.00/cwt258.00–258.001,37520
HeifersMedium and Large 1Replacement702249.00/cwt249.00–249.001,74885
HeifersMedium and Large 1Replacement627271.00/cwt271.00–271.001,699151
SteersMedium and Large 1Fancy452344.00/cwt344.00–344.001,55540
SteersMedium and Large 1Fancy553313.00/cwt313.00–313.001,73195

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.