Name: Bassett livestock auction prices — 2024-04-24
Creator: RaisedBeef
Published: 2024-04-24

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 with several buyers today. Consignments consisted of weaned/non-weaned Fall calves and load lots of yearlings. Next Auction Date May 8th Special Feeder Cattle Auction, Weigh Ups at 9 am

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $348.14/cwt on 393 head. That ranks 1 of 13 comparable sales and sits −154.71 against this barn's trailing median of $502.85.

Average price

$348.14

393 head · 538 lb average

Value per head Derived

$1,874

Price × average weight ÷ 100

Grade differential Derived

$108

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

$27.97/cwt at this weight

vs the market

+10.37

vs NE average

+38.59 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	537	351.27	1,886	349
Medium and Large 1-2	550	323.30	1,778	44

One grade step is worth $27.97/cwt here — about $108 a head. Across this sale the premium is widest at 700–800 lb. USDA reports each grade on its own line and never publishes the spread.

This barn's trailing prices 500–600 lb

13 sales

Steers 500–600 lb: high $523.82, low $428.50, median $502.85 across 13 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 sale393 hd

348.14

—

NE average8 barns · 1,532 hd

337.77

+10.37

National average173 barns · 10,802 hd

309.55

+38.59

This barn, trailing median13 sales

502.85

−154.71

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

43 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	600–650	613	301.00/cwt	301.00–301.00	1,845	76
Heifers	Medium and Large 1-2	600–650	624	274.00/cwt	274.00–274.00	1,710	11
Heifers	Medium and Large 1	600–650	616	286.88/cwt	280.00–290.25	1,767	105
Heifers	Medium and Large 1-2	750–800	796	223.18/cwt	220.00–225.00	1,777	44
Heifers	Medium and Large 1-2	550–600	559	301.00/cwt	301.00–301.00	1,683	5
Heifers	Medium and Large 1-2	450–500	462	319.32/cwt	315.00–327.00	1,475	26
Steers	Medium and Large 1	350–400	363	417.50/cwt	417.50–417.50	1,516	13
Steers	Medium and Large 1	850–900	860	257.50/cwt	257.50–257.50	2,215	61
Steers	Medium and Large 1Thin Fleshed	600–650	631	333.25/cwt	333.25–333.25	2,103	250
Steers	Medium and Large 1	400–450	407	417.50/cwt	417.50–417.50	1,699	18
Steers	Medium and Large 1	950–1000	961	242.25/cwt	242.25–242.25	2,328	58
Steers	Medium and Large 1	700–750	711	288.17/cwt	282.00–290.00	2,049	27
Steers	Medium and Large 1Thin Fleshed	700–750	719	305.75/cwt	305.75–305.75	2,198	232
Steers	Medium and Large 1-2	750–800	780	246.00/cwt	246.00–246.00	1,919	25
Steers	Medium and Large 1	800–850	828	261.00/cwt	261.00–261.00	2,161	41
Steers	Medium and Large 1-2	500–550	528	333.00/cwt	333.00–333.00	1,758	18
Steers	Medium and Large 1-2	400–450	420	380.16/cwt	357.50–394.00	1,597	36
Steers	Medium and Large 1-2	550–600	565	316.59/cwt	297.00–328.00	1,789	26
Steers	Medium and Large 1	450–500	460	399.25/cwt	397.00–402.50	1,837	55
Steers	Medium and Large 1	500–550	521	359.00/cwt	350.00–369.00	1,870	203
Steers	Medium and Large 1-2	800–850	843	242.00/cwt	242.00–242.00	2,040	18
Heifers	Medium and Large 1-2	400–450	445	325.00/cwt	325.00–325.00	1,446	15
Heifers	Medium and Large 1	900–950	904	215.50/cwt	215.50–215.50	1,948	50
Heifers	Medium and Large 1-2	700–750	731	244.82/cwt	242.00–249.00	1,790	33
Heifers	Medium and Large 1-2	500–550	526	308.22/cwt	295.00–311.00	1,621	63
Heifers	Medium and Large 1	300–350	308	365.00/cwt	365.00–365.00	1,124	7
Heifers	Medium and Large 1-2	650–700	666	246.81/cwt	245.50–248.00	1,644	37
Heifers	Medium and Large 1	400–450	416	358.05/cwt	347.50–362.00	1,489	41
Heifers	Medium and Large 1	750–800	783	241.22/cwt	237.50–247.50	1,889	154
Heifers	Medium and Large 1	700–750	716	261.52/cwt	257.00–262.00	1,872	72
Heifers	Medium and Large 1	350–400	376	360.00/cwt	360.00–360.00	1,354	7
Steers	Medium and Large 1	650–700	692	297.74/cwt	292.00–301.00	2,060	267
Heifers	Medium and Large 1	550–600	567	310.19/cwt	305.00–322.00	1,759	113
Steers	Medium and Large 1	550–600	559	340.52/cwt	330.00–357.00	1,904	146
Steers	Medium and Large 1	750–800	772	277.42/cwt	270.00–279.00	2,142	95
Heifers	Medium and Large 1	650–700	689	268.30/cwt	260.50–272.00	1,849	159
Heifers	Medium and Large 1	450–500	482	329.37/cwt	322.00–335.50	1,588	114
Steers	Medium and Large 1-2	650–700	675	279.00/cwt	279.00–279.00	1,883	11
Heifers	Medium and Large 1	500–550	530	323.12/cwt	316.50–334.50	1,713	96
Steers	Medium and Large 1-2	450–500	485	348.71/cwt	332.50–365.50	1,691	41
Steers	Medium and Large 1-2	700–750	700	268.00/cwt	268.00–268.00	1,876	13
Steers	Medium and Large 1-2	600–650	627	292.43/cwt	289.00–299.00	1,834	14
Steers	Medium and Large 1	600–650	629	308.49/cwt	301.00–322.00	1,940	506

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 Apr 24, 2024

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

Receipts 3,500Last week 5,225Year ago 5,820

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Fancy$ per cwt · actual wt
76	600–650	613	301.00	301.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
15	400–450	445	325.00	325.00
26	450–500	462	315.00–327.00	319.32
63	500–550	526	295.00–311.00	308.22
5	550–600	559	301.00	301.00
11	600–650	624	274.00	274.00
37	650–700	666	245.50–248.00	246.81
33	700–750	731	242.00–249.00	244.82
44	750–800	796	220.00–225.00	223.18
Heifers — Medium and Large 1$ per cwt · actual wt
7	300–350	308	365.00	365.00
7	350–400	376	360.00	360.00
41	400–450	416	347.50–362.00	358.05
114	450–500	482	322.00–335.50	329.37
96	500–550	530	316.50–334.50	323.12
113	550–600	567	305.00–322.00	310.19
105	600–650	616	280.00–290.25	286.88
159	650–700	689	260.50–272.00	268.30
72	700–750	716	257.00–262.00	261.52
154	750–800	783	237.50–247.50	241.22
50	900–950	904	215.50	215.50
Steers — Medium and Large 1$ per cwt · actual wt
13	350–400	363	417.50	417.50
18	400–450	407	417.50	417.50
55	450–500	460	397.00–402.50	399.25
203	500–550	521	350.00–369.00	359.00
146	550–600	559	330.00–357.00	340.52
506	600–650	629	301.00–322.00	308.49
267	650–700	692	292.00–301.00	297.74
27	700–750	711	282.00–290.00	288.17
95	750–800	772	270.00–279.00	277.42
41	800–850	828	261.00	261.00
61	850–900	860	257.50	257.50
58	950–1000	961	242.25	242.25
Steers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
250	600–650	631	333.25	333.25
232	700–750	719	305.75	305.75
Steers — Medium and Large 1-2$ per cwt · actual wt
36	400–450	420	357.50–394.00	380.16
41	450–500	485	332.50–365.50	348.71
18	500–550	528	333.00	333.00
26	550–600	565	297.00–328.00	316.59
14	600–650	627	289.00–299.00	292.43
11	650–700	675	279.00	279.00
13	700–750	700	268.00	268.00
25	750–800	780	246.00	246.00
18	800–850	843	242.00	242.00

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.

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