Name: Bassett livestock auction prices — 2024-01-10
Creator: RaisedBeef
Published: 2024-01-10

Reporter comment USDA

As filed

Compared with last week 600 to 700 lbs steers traded 4.00 to 7.00 lower and 550 to 600 lbs heifers traded steady to 4.00 lower. Demand was good with several buyers and active internet bidding. Colder weather in the area with 8 to 10 inches of snow on the ground and expected colder days, end of the week. Next auction Dates for Jan 17th and 24th Special Bred Cows and Bred Heifers

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $261.87/cwt on 1,512 head.

Average price

$261.87

1,512 head · 600 lb average

Value per head Derived

$1,570

Price × average weight ÷ 100

Grade differential Derived

$103

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

$10.18/cwt at this weight

vs the market

+4.32

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	603	264.21	1,594	1,164
Medium and Large 1-2	587	254.03	1,491	348

One grade step is worth $10.18/cwt here — about $103 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 sale1,512 hd

261.87

—

NE average12 barns · 12,766 hd

257.55

+4.32

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	—	769	215.00/cwt	215.00–215.00	1,653	5
Heifers	Medium and Large 1	—	521	269.50/cwt	265.00–275.00	1,404	41
Heifers	Medium and Large 1	—	819	198.00/cwt	198.00–198.00	1,622	78
Heifers	Medium and Large 1	—	417	307.28/cwt	294.00–309.00	1,281	112
Heifers	Medium and Large 1	—	671	240.59/cwt	229.00–246.00	1,614	134
Heifers	Medium and Large 1-2	—	535	270.75/cwt	270.75–270.75	1,449	47
Steers	Medium and Large 1	—	630	281.91/cwt	275.00–291.00	1,776	295
Steers	Medium and Large 1	—	691	261.84/cwt	258.00–265.50	1,809	196
Steers	Medium and Large 1	—	726	255.19/cwt	246.25–260.00	1,853	166
Steers	Medium and Large 1	—	383	347.00/cwt	347.00–347.00	1,329	6
Steers	Medium and Large 1	—	848	235.00/cwt	235.00–235.00	1,993	32
Steers	Medium and Large 1	—	877	212.25/cwt	212.25–212.25	1,861	69
Steers	Medium and Large 1-2	—	536	303.15/cwt	286.00–309.00	1,625	23
Steers	Medium and Large 1-2	—	464	309.00/cwt	309.00–309.00	1,434	12
Steers	Medium and Large 1	—	420	330.70/cwt	328.00–332.00	1,389	27
Steers	Medium and Large 1	—	479	323.34/cwt	320.00–331.00	1,549	95
Steers	Medium and Large 1-2	—	807	216.00/cwt	216.00–216.00	1,743	21
Steers	Medium and Large 1-2	—	634	262.27/cwt	260.00–270.00	1,663	43
Steers	Medium and Large 1	—	527	318.60/cwt	315.00–331.00	1,679	76
Heifers	Medium and Large 1-2	—	615	262.07/cwt	258.00–264.50	1,612	53
Steers	Medium and Large 1	—	790	228.54/cwt	220.00–237.25	1,805	186
Heifers	Medium and Large 1-2	—	470	276.66/cwt	274.00–280.00	1,300	109
Heifers	Medium and Large 1	—	463	310.00/cwt	310.00–310.00	1,435	199
Heifers	Medium and Large 1	—	636	254.28/cwt	244.50–259.50	1,617	245
Steers	Medium and Large 1Fancy	—	617	304.00/cwt	304.00–304.00	1,876	98
Heifers	Medium and Large 1	—	581	276.26/cwt	263.00–280.00	1,605	177
Steers	Medium and Large 1-2	—	725	237.37/cwt	234.00–240.00	1,721	94
Heifers	Medium and Large 1-2	—	685	225.50/cwt	225.50–225.50	1,545	20
Heifers	Medium and Large 1	—	727	233.71/cwt	227.00–235.75	1,699	173
Heifers	Medium and Large 1-2	—	563	259.00/cwt	259.00–259.00	1,458	33
Heifers	Medium and Large 1-2	—	733	216.00/cwt	216.00–216.00	1,583	86

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 Jan 10, 2024

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

Receipts 3,300Last week 4,230Year ago 5,930

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
5	—	769	215.00	215.00
41	—	521	265.00–275.00	269.50
78	—	819	198.00	198.00
112	—	417	294.00–309.00	307.28
134	—	671	229.00–246.00	240.59
199	—	463	310.00	310.00
245	—	636	244.50–259.50	254.28
177	—	581	263.00–280.00	276.26
173	—	727	227.00–235.75	233.71
Heifers — Medium and Large 1-2$ per cwt · actual wt
47	—	535	270.75	270.75
53	—	615	258.00–264.50	262.07
109	—	470	274.00–280.00	276.66
20	—	685	225.50	225.50
33	—	563	259.00	259.00
86	—	733	216.00	216.00
Steers — Medium and Large 1$ per cwt · actual wt
295	—	630	275.00–291.00	281.91
196	—	691	258.00–265.50	261.84
166	—	726	246.25–260.00	255.19
6	—	383	347.00	347.00
32	—	848	235.00	235.00
69	—	877	212.25	212.25
27	—	420	328.00–332.00	330.70
95	—	479	320.00–331.00	323.34
76	—	527	315.00–331.00	318.60
186	—	790	220.00–237.25	228.54
Steers — Medium and Large 1-2$ per cwt · actual wt
23	—	536	286.00–309.00	303.15
12	—	464	309.00	309.00
21	—	807	216.00	216.00
43	—	634	260.00–270.00	262.27
94	—	725	234.00–240.00	237.37
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
98	—	617	304.00	304.00

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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