Name: Bassett livestock auction prices — 2024-02-21
Creator: RaisedBeef
Published: 2024-02-21

Reporter comment USDA

As filed

Compared with two weeks ago, 500 lbs steers traded 4.00 lower, 550 to 700 lbs steers traded 2.00 to 10.00 higher. Heifer offerings 500 to 800 lbs traded 4.00 to 20.00 higher. Demand was good with several buyers and active internet bidding. Next Auction: March 6th Bred cow and heifer auction

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $289.43/cwt on 3,336 head.

Average price

$289.43

3,336 head · 690 lb average

Value per head Derived

$1,998

Price × average weight ÷ 100

Grade differential Derived

$165

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

$1.40/cwt at this weight

vs the market

+3.12

vs NE average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	694	289.53	2,009	3,103
Medium and Large 1-2	640	288.13	1,845	233

One grade step is worth $1.40/cwt here — about $165 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 sale3,336 hd

289.43

—

NE average9 barns · 18,315 hd

286.31

+3.12

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

39 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 1Fancy	—	561	313.00/cwt	313.00–313.00	1,756	99
Heifers	Medium and Large 1Fleshy	—	602	273.50/cwt	273.50–273.50	1,646	58
Heifers	Medium and Large 1	—	364	342.50/cwt	342.50–342.50	1,247	15
Heifers	Medium and Large 1	—	714	251.11/cwt	248.00–258.00	1,793	200
Heifers	Medium and Large 1	—	669	263.92/cwt	255.00–271.00	1,766	280
Heifers	Medium and Large 1	—	576	297.06/cwt	292.00–305.00	1,711	306
Steers	Medium and Large 1	—	522	340.69/cwt	330.00–351.00	1,778	144
Steers	Medium and Large 1	—	815	252.82/cwt	246.00–254.50	2,060	94
Steers	Medium and Large 1	—	865	244.36/cwt	239.00–248.00	2,114	275
Steers	Medium and Large 1	—	582	321.21/cwt	319.00–324.00	1,869	263
Steers	Medium and Large 1-2	—	527	324.65/cwt	321.00–327.50	1,711	63
Steers	Medium and Large 1-2	—	747	256.50/cwt	256.50–256.50	1,916	39
Steers	Medium and Large 1	—	344	365.00/cwt	365.00–365.00	1,256	6
Steers	Medium and Large 1	—	731	273.13/cwt	261.50–279.00	1,997	785
Steers	Medium and Large 1	—	453	358.36/cwt	350.00–362.00	1,623	45
Heifers	Medium and Large 1	—	622	286.36/cwt	278.00–292.50	1,781	357
Heifers	Medium and Large 1Replacement	—	659	277.46/cwt	276.50–278.50	1,828	173
Steers	Medium and Large 1Fancy	—	602	332.50/cwt	332.50–332.50	2,002	85
Steers	Medium and Large 1	—	779	262.85/cwt	255.00–266.50	2,048	244
Steers	Medium and Large 1	—	674	289.72/cwt	279.00–295.50	1,953	236
Steers	Medium and Large 1	—	633	305.17/cwt	298.00–314.00	1,932	413
Heifers	Medium and Large 1	—	816	233.22/cwt	233.00–233.25	1,903	106
Heifers	Medium and Large 1	—	762	240.84/cwt	237.50–246.00	1,835	120
Heifers	Medium and Large 1	—	532	314.64/cwt	305.00–320.00	1,674	244
Steers	Medium and Large 1-2	—	692	270.51/cwt	270.00–277.00	1,872	80
Steers	Medium and Large 1-2	—	584	303.00/cwt	303.00–303.00	1,770	15
Steers	Medium and Large 1-2	—	631	291.43/cwt	288.00–293.00	1,839	36
Heifers	Medium and Large 1	—	869	218.00/cwt	218.00–218.00	1,894	24
Heifers	Medium and Large 1	—	477	319.54/cwt	311.00–329.50	1,524	70
Heifers	Medium and Large 1	—	436	330.91/cwt	329.00–337.50	1,443	75
Steers	Medium and Large 1Fancy	—	668	305.75/cwt	302.00–308.50	2,042	430
Steers	Medium and Large 1Fancy	—	856	258.50/cwt	258.50–258.50	2,213	70
Steers	Medium and Large 1	—	442	370.00/cwt	370.00–370.00	1,635	13
Heifers	Medium and Large 1-2	—	491	303.44/cwt	302.00–304.00	1,490	24
Heifers	Medium and Large 1-2	—	528	295.27/cwt	281.00–302.00	1,559	26
Heifers	Medium and Large 1-2	—	593	268.77/cwt	265.00–272.50	1,594	30
Heifers	Medium and Large 1-2	—	611	265.93/cwt	260.00–271.00	1,625	75
Heifers	Medium and Large 1-2	—	689	251.34/cwt	246.00–251.75	1,732	226
Heifers	Medium and Large 1-2	—	337	322.50/cwt	322.50–322.50	1,087	5

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 Feb 21, 2024

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

Receipts 6,410Last week 4,315Year ago 5,560

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Fancy$ per cwt · actual wt
99	—	561	313.00	313.00
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
58	—	602	273.50	273.50
Heifers — Medium and Large 1$ per cwt · actual wt
15	—	364	342.50	342.50
200	—	714	248.00–258.00	251.11
280	—	669	255.00–271.00	263.92
306	—	576	292.00–305.00	297.06
357	—	622	278.00–292.50	286.36
106	—	816	233.00–233.25	233.22
120	—	762	237.50–246.00	240.84
244	—	532	305.00–320.00	314.64
24	—	869	218.00	218.00
70	—	477	311.00–329.50	319.54
75	—	436	329.00–337.50	330.91
Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt
173	—	659	276.50–278.50	277.46
Heifers — Medium and Large 1-2$ per cwt · actual wt
24	—	491	302.00–304.00	303.44
26	—	528	281.00–302.00	295.27
30	—	593	265.00–272.50	268.77
75	—	611	260.00–271.00	265.93
226	—	689	246.00–251.75	251.34
5	—	337	322.50	322.50
Steers — Medium and Large 1$ per cwt · actual wt
144	—	522	330.00–351.00	340.69
94	—	815	246.00–254.50	252.82
275	—	865	239.00–248.00	244.36
263	—	582	319.00–324.00	321.21
6	—	344	365.00	365.00
785	—	731	261.50–279.00	273.13
45	—	453	350.00–362.00	358.36
244	—	779	255.00–266.50	262.85
236	—	674	279.00–295.50	289.72
413	—	633	298.00–314.00	305.17
13	—	442	370.00	370.00
Steers — Medium and Large 1-2$ per cwt · actual wt
63	—	527	321.00–327.50	324.65
39	—	747	256.50	256.50
80	—	692	270.00–277.00	270.51
15	—	584	303.00	303.00
36	—	631	288.00–293.00	291.43
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
85	—	602	332.50	332.50
430	—	668	302.00–308.50	305.75
70	—	856	258.50	258.50

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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