Name: Bassett livestock auction prices — 2024-01-31
Creator: RaisedBeef
Published: 2024-01-31

Reporter comment USDA

As filed

Compared with two weeks ago, steers 550 to 750 lbs traded 2.00 to as much as 20.00 higher. A limited number of comparable offerings for heifers with 650 lbs trading 3.00 higher. Demand was very good today with several buyers and active internet bidding. Warmer weather in the area melting snow and ice making pen conditions slick and muddy. Next Auction Feb 7th expecting 4500 head start time 11:00 am

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $284.25/cwt on 2,268 head.

Average price

$284.25

2,268 head · 670 lb average

Value per head Derived

$1,905

Price × average weight ÷ 100

Grade differential Derived

−$227

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

$34.20/cwt at this weight

vs the market

+9.19

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1-2	533	316.51	1,688	129
Medium and Large 1	678	282.31	1,915	2,139

One grade step is worth $34.20/cwt here — about −$227 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

284.25

—

NE average11 barns · 25,479 hd

275.07

+9.19

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

32 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	—	438	314.00/cwt	314.00–314.00	1,375	23
Heifers	Medium and Large 1	—	477	296.57/cwt	290.00–307.00	1,415	33
Heifers	Medium and Large 1	—	761	235.56/cwt	230.00–239.00	1,793	52
Heifers	Medium and Large 1	—	719	245.36/cwt	240.00–250.00	1,764	137
Heifers	Medium and Large 1	—	688	254.27/cwt	248.00–258.50	1,749	174
Heifers	Medium and Large 1-2	—	711	235.41/cwt	232.00–238.00	1,674	54
Steers	Medium and Large 1	—	810	251.50/cwt	251.50–251.50	2,037	24
Steers	Medium and Large 1	—	618	300.67/cwt	290.00–308.00	1,858	456
Steers	Medium and Large 1	—	766	257.05/cwt	250.50–262.00	1,969	402
Steers	Medium and Large 1-2	—	477	347.84/cwt	346.00–352.50	1,659	33
Steers	Medium and Large 1	—	722	268.06/cwt	262.00–271.00	1,935	404
Steers	Medium and Large 1	—	382	325.00/cwt	325.00–325.00	1,242	11
Steers	Medium and Large 1	—	447	332.50/cwt	332.50–332.50	1,486	13
Steers	Medium and Large 1	—	450	387.50/cwt	387.50–387.50	1,744	24
Heifers	Medium and Large 1	—	624	266.45/cwt	254.00–277.00	1,663	356
Steers	Medium and Large 1Fancy	—	677	287.79/cwt	287.50–288.50	1,948	253
Steers	Medium and Large 1	—	857	239.00/cwt	239.00–239.00	2,048	37
Steers	Medium and Large 1	—	539	323.63/cwt	320.00–329.00	1,744	57
Steers	Medium and Large 1	—	573	305.84/cwt	296.00–317.00	1,752	137
Steers	Medium and Large 1	—	677	280.03/cwt	272.00–284.50	1,896	321
Heifers	Medium and Large 1-2	—	675	242.00/cwt	242.00–242.00	1,634	11
Heifers	Medium and Large 1-2	—	783	226.00/cwt	226.00–226.00	1,770	27
Steers	Medium and Large 1-2	—	534	311.87/cwt	302.00–316.00	1,665	49
Steers	Medium and Large 1-2	—	368	346.00/cwt	346.00–346.00	1,273	11
Heifers	Medium and Large 1Replacement	—	671	262.10/cwt	261.00–262.50	1,759	97
Heifers	Medium and Large 1	—	582	275.78/cwt	263.00–287.00	1,605	217
Heifers	Medium and Large 1-2	—	521	292.21/cwt	273.00–298.00	1,522	38
Heifers	Medium and Large 1Replacement	—	621	286.50/cwt	286.50–286.50	1,779	61
Steers	Medium and Large 1-2	—	597	285.00/cwt	285.00–285.00	1,701	8
Steers	Medium and Large 1-2	—	645	285.14/cwt	278.00–288.50	1,839	28
Heifers	Medium and Large 1-2	—	421	322.50/cwt	322.50–322.50	1,358	9
Heifers	Medium and Large 1	—	524	311.93/cwt	306.00–315.50	1,635	212

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 31, 2024

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

Receipts 4,130Last week 3,490Year ago 4,150

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
23	—	438	314.00	314.00
33	—	477	290.00–307.00	296.57
52	—	761	230.00–239.00	235.56
137	—	719	240.00–250.00	245.36
174	—	688	248.00–258.50	254.27
356	—	624	254.00–277.00	266.45
217	—	582	263.00–287.00	275.78
212	—	524	306.00–315.50	311.93
Heifers — Medium and Large 1-2$ per cwt · actual wt
54	—	711	232.00–238.00	235.41
11	—	675	242.00	242.00
27	—	783	226.00	226.00
38	—	521	273.00–298.00	292.21
9	—	421	322.50	322.50
Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt
97	—	671	261.00–262.50	262.10
61	—	621	286.50	286.50
Steers — Medium and Large 1$ per cwt · actual wt
24	—	810	251.50	251.50
456	—	618	290.00–308.00	300.67
402	—	766	250.50–262.00	257.05
404	—	722	262.00–271.00	268.06
11	—	382	325.00	325.00
13	—	447	332.50	332.50
24	—	450	387.50	387.50
37	—	857	239.00	239.00
57	—	539	320.00–329.00	323.63
137	—	573	296.00–317.00	305.84
321	—	677	272.00–284.50	280.03
Steers — Medium and Large 1-2$ per cwt · actual wt
33	—	477	346.00–352.50	347.84
49	—	534	302.00–316.00	311.87
11	—	368	346.00	346.00
8	—	597	285.00	285.00
28	—	645	278.00–288.50	285.14
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
253	—	677	287.50–288.50	287.79

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.

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Fed Cattle — the cash market and what quality pays

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