Name: Bassett livestock auction prices — 2024-01-17
Creator: RaisedBeef
Published: 2024-01-17

Reporter comment USDA

As filed

Compared with last week 600 to 700 lbs steers traded unevenly steady, and 750 lbs steers with a very high demand traded 18.00 higher. A limited number of heifer offerings today with 650 lbs trading 10.00 higher. Demand was good with several buyers

at the sale today. Next Auction Dates Jan 24th Special Bred cow and heifer auction, Jan 31st Special Feeder cattle auction.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $269.06/cwt on 2,720 head.

Average price

$269.06

2,720 head · 686 lb average

Value per head Derived

$1,847

Price × average weight ÷ 100

Grade differential Derived

$171

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

$5.80/cwt at this weight

vs the market

−1.20

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	689	269.33	1,855	2,596
Medium and Large 1-2	639	263.53	1,684	124

One grade step is worth $5.80/cwt here — about $171 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 sale2,720 hd

269.06

—

NE average8 barns · 14,356 hd

270.27

−1.20

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	—	405	285.50/cwt	285.50–285.50	1,156	14
Heifers	Medium and Large 1	—	779	205.50/cwt	205.50–205.50	1,601	15
Heifers	Medium and Large 1	—	540	266.00/cwt	266.00–266.00	1,436	27
Heifers	Medium and Large 1	—	629	250.50/cwt	250.50–250.50	1,576	28
Heifers	Medium and Large 1	—	566	266.38/cwt	256.50–273.00	1,508	40
Heifers	Medium and Large 1	—	740	221.50/cwt	219.00–223.00	1,639	61
Steers	Medium and Large 1	—	477	320.00/cwt	320.00–320.00	1,526	22
Steers	Medium and Large 1	—	526	312.58/cwt	304.00–321.50	1,644	88
Steers	Medium and Large 1	—	674	259.03/cwt	255.00–274.00	1,746	193
Steers	Medium and Large 1	—	826	236.35/cwt	232.00–241.25	1,952	198
Steers	Medium and Large 1NHTC	—	904	217.00/cwt	217.00–217.00	1,962	20
Steers	Medium and Large 1NHTC	—	724	245.00/cwt	245.00–245.00	1,774	45
Steers	Medium and Large 1	—	765	246.72/cwt	244.00–252.50	1,887	305
Steers	Medium and Large 1	—	641	287.34/cwt	279.00–288.00	1,842	363
Steers	Medium and Large 1	—	731	254.91/cwt	241.00–267.50	1,863	670
Steers	Medium and Large 1-2	—	532	296.00/cwt	296.00–296.00	1,575	10
Steers	Medium and Large 1-2	—	761	237.00/cwt	237.00–237.00	1,804	15
Steers	Medium and Large 1	—	441	324.50/cwt	324.50–324.50	1,431	15
Heifers	Medium and Large 1-2NHTC	—	805	197.00/cwt	197.00–197.00	1,586	16
Steers	Medium and Large 1Fancy	—	660	283.13/cwt	280.75–286.50	1,869	406
Steers	Medium and Large 1-2	—	686	244.94/cwt	241.00–247.00	1,680	26
Steers	Medium and Large 1-2	—	643	266.00/cwt	266.00–266.00	1,710	28
Steers	Medium and Large 1-2	—	592	274.36/cwt	260.00–288.00	1,624	45
Steers	Medium and Large 1	—	577	303.71/cwt	296.00–308.00	1,752	271
Heifers	Medium and Large 1-2	—	614	238.22/cwt	233.50–244.00	1,463	16
Heifers	Medium and Large 1-2	—	679	234.00/cwt	234.00–234.00	1,589	20
Heifers	Medium and Large 1	—	663	251.23/cwt	247.50–253.50	1,666	121
Heifers	Medium and Large 1Replacement	—	718	243.89/cwt	243.00–245.00	1,751	103
Heifers	Medium and Large 1-2NHTC	—	723	215.00/cwt	215.00–215.00	1,554	35
Heifers	Medium and Large 1-2NHTC	—	586	244.00/cwt	244.00–244.00	1,430	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 Jan 17, 2024

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

Receipts 3,490Last week 3,300Year ago 5,930

at the sale today. Next Auction Dates Jan 24th Special Bred cow and heifer auction, Jan 31st Special Feeder cattle auction.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
14	—	405	285.50	285.50
15	—	779	205.50	205.50
27	—	540	266.00	266.00
28	—	629	250.50	250.50
40	—	566	256.50–273.00	266.38
61	—	740	219.00–223.00	221.50
121	—	663	247.50–253.50	251.23
Heifers — Medium and Large 1-2 · NHTC$ per cwt · actual wt
16	—	805	197.00	197.00
35	—	723	215.00	215.00
12	—	586	244.00	244.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
16	—	614	233.50–244.00	238.22
20	—	679	234.00	234.00
Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt
103	—	718	243.00–245.00	243.89
Steers — Medium and Large 1$ per cwt · actual wt
22	—	477	320.00	320.00
88	—	526	304.00–321.50	312.58
193	—	674	255.00–274.00	259.03
198	—	826	232.00–241.25	236.35
305	—	765	244.00–252.50	246.72
363	—	641	279.00–288.00	287.34
670	—	731	241.00–267.50	254.91
15	—	441	324.50	324.50
271	—	577	296.00–308.00	303.71
Steers — Medium and Large 1 · NHTC$ per cwt · actual wt
20	—	904	217.00	217.00
45	—	724	245.00	245.00
Steers — Medium and Large 1-2$ per cwt · actual wt
10	—	532	296.00	296.00
15	—	761	237.00	237.00
26	—	686	241.00–247.00	244.94
28	—	643	266.00	266.00
45	—	592	260.00–288.00	274.36
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
406	—	660	280.75–286.50	283.13

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

More

Bassett