Name: Bassett livestock auction prices — 2024-03-13
Creator: RaisedBeef
Published: 2024-03-13

Reporter comment USDA

As filed

No recent test of market for an accurate comparison a trend will not be given for steers or heifers. Demand was good start to finish with active internet bidding. Next Auction Date April 3rd Back to Grass feeder Auction

Weight class

Heifers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb heifers averaged $297.38/cwt on 408 head. That ranks 1 of 15 comparable sales and sits −154.42 against this barn's trailing median of $451.80.

Average price

$297.38

408 head · 557 lb average

Value per head Derived

$1,657

Price × average weight ÷ 100

Grade differential Derived

$57

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

$20.89/cwt at this weight

vs the market

+4.59

vs NE average

+21.21 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	552	302.60	1,671	306
Medium and Large 1-2	573	281.71	1,613	102

One grade step is worth $20.89/cwt here — about $57 a head. Across this sale the premium is widest at 600–700 lb. USDA reports each grade on its own line and never publishes the spread.

This barn's trailing prices 500–600 lb

15 sales

Heifers 500–600 lb: high $485.41, low $389.69, median $451.80 across 15 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

How it compared 500–600 lb

Same class and week · spot auction only

This sale408 hd

297.38

—

NE average9 barns · 1,362 hd

292.79

+4.59

National average176 barns · 16,729 hd

276.17

+21.21

This barn, trailing median15 sales

451.80

−154.42

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

38 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	950–1000	965	210.00/cwt	210.00–210.00	2,027	7
Heifers	Medium and Large 1	850–900	878	219.50/cwt	219.50–219.50	1,927	43
Heifers	Medium and Large 1	800–850	840	230.24/cwt	229.50–232.00	1,934	53
Heifers	Medium and Large 1	750–800	766	236.69/cwt	233.50–242.50	1,813	68
Heifers	Medium and Large 1	500–550	523	310.28/cwt	290.00–322.00	1,623	89
Heifers	Medium and Large 1	450–500	489	323.33/cwt	318.00–326.50	1,581	93
Steers	Medium and Large 1-2	700–750	739	268.00/cwt	268.00–268.00	1,981	55
Steers	Medium and Large 1	600–650	626	315.00/cwt	299.00–318.00	1,972	49
Steers	Medium and Large 1	750–800	788	265.00/cwt	265.00–265.00	2,088	78
Steers	Medium and Large 1	1000–1050	1,019	216.50/cwt	216.50–216.50	2,206	7
Steers	Medium and Large 1	400–450	422	396.45/cwt	395.00–399.00	1,673	25
Steers	Medium and Large 1	450–500	484	388.33/cwt	386.00–395.00	1,880	79
Steers	Medium and Large 1	550–600	591	322.44/cwt	320.50–326.50	1,906	147
Steers	Medium and Large 1	900–950	902	239.25/cwt	239.25–239.25	2,158	17
Steers	Medium and Large 1	700–750	727	278.90/cwt	273.00–288.75	2,028	177
Steers	Medium and Large 1	950–1000	983	222.50/cwt	222.50–222.50	2,187	20
Steers	Medium and Large 1	800–850	829	257.66/cwt	253.50–262.00	2,136	65
Steers	Medium and Large 1	500–550	514	367.50/cwt	367.50–367.50	1,889	76
Steers	Medium and Large 1-2	250–300	296	296.00/cwt	296.00–296.00	876	37
Steers	Medium and Large 1-2	750–800	777	258.00/cwt	258.00–258.00	2,005	38
Heifers	Medium and Large 1Replacement	750–800	781	265.53/cwt	257.00–273.50	2,074	58
Heifers	Medium and Large 1	550–600	564	299.45/cwt	297.00–308.50	1,689	217
Steers	Medium and Large 1	850–900	866	243.64/cwt	242.00–252.00	2,110	108
Steers	Medium and Large 1	650–700	681	294.44/cwt	284.00–297.50	2,005	110
Steers	Medium and Large 1-2	450–500	492	378.00/cwt	378.00–378.00	1,860	20
Steers	Medium and Large 1-2	600–650	632	299.14/cwt	290.00–313.00	1,891	30
Heifers	Medium and Large 1-2	700–750	723	247.75/cwt	247.75–247.75	1,791	61
Heifers	Medium and Large 1-2	500–550	530	280.92/cwt	272.50–291.00	1,489	15
Steers	Medium and Large 1-2	400–450	433	367.00/cwt	367.00–367.00	1,589	6
Steers	Medium and Large 1-2	500–550	545	324.02/cwt	309.00–338.00	1,766	71
Heifers	Medium and Large 1-2	400–450	417	333.29/cwt	330.00–337.50	1,390	20
Heifers	Medium and Large 1	650–700	673	271.34/cwt	262.00–273.00	1,826	243
Heifers	Medium and Large 1-2	650–700	684	256.59/cwt	250.00–260.00	1,755	143
Heifers	Medium and Large 1-2	450–500	469	302.53/cwt	292.50–315.00	1,419	16
Heifers	Medium and Large 1	600–650	624	286.64/cwt	274.00–291.50	1,789	515
Heifers	Medium and Large 1	700–750	719	253.85/cwt	240.25–257.00	1,825	158
Heifers	Medium and Large 1-2	600–650	632	267.79/cwt	261.00–271.00	1,692	62
Heifers	Medium and Large 1-2	550–600	580	281.85/cwt	270.00–290.00	1,635	87

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 Mar 13, 2024

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

Receipts 3,455Last week 6,410Year ago 2,105

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
93	450–500	489	318.00–326.50	323.33
89	500–550	523	290.00–322.00	310.28
217	550–600	564	297.00–308.50	299.45
515	600–650	624	274.00–291.50	286.64
243	650–700	673	262.00–273.00	271.34
158	700–750	719	240.25–257.00	253.85
68	750–800	766	233.50–242.50	236.69
53	800–850	840	229.50–232.00	230.24
43	850–900	878	219.50	219.50
7	950–1000	965	210.00	210.00
Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt
58	750–800	781	257.00–273.50	265.53
Heifers — Medium and Large 1-2$ per cwt · actual wt
20	400–450	417	330.00–337.50	333.29
16	450–500	469	292.50–315.00	302.53
15	500–550	530	272.50–291.00	280.92
87	550–600	580	270.00–290.00	281.85
62	600–650	632	261.00–271.00	267.79
143	650–700	684	250.00–260.00	256.59
61	700–750	723	247.75	247.75
Steers — Medium and Large 1-2$ per cwt · actual wt
37	250–300	296	296.00	296.00
6	400–450	433	367.00	367.00
20	450–500	492	378.00	378.00
71	500–550	545	309.00–338.00	324.02
30	600–650	632	290.00–313.00	299.14
55	700–750	739	268.00	268.00
38	750–800	777	258.00	258.00
Steers — Medium and Large 1$ per cwt · actual wt
25	400–450	422	395.00–399.00	396.45
79	450–500	484	386.00–395.00	388.33
76	500–550	514	367.50	367.50
147	550–600	591	320.50–326.50	322.44
49	600–650	626	299.00–318.00	315.00
110	650–700	681	284.00–297.50	294.44
177	700–750	727	273.00–288.75	278.90
78	750–800	788	265.00	265.00
65	800–850	829	253.50–262.00	257.66
108	850–900	866	242.00–252.00	243.64
17	900–950	902	239.25	239.25
20	950–1000	983	222.50	222.50
7	1000–1050	1,019	216.50	216.50

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

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