Name: Bassett livestock auction prices — 2024-05-08
Creator: RaisedBeef
Published: 2024-05-08

Reporter comment USDA

As filed

A limited number of comparable offerings from two weeks ago, with 600 to 650 lbs steers trading 8.00 to 10.00 higher. No comparable offerings for heifers. Demand was good with several buyers and active internet bidding. Next Auction Dates for May 15th Carlson Cattle Co Angus Bull Auction and Special Bred Cows and Pairs, Weigh Ups at 9:00 am, May 22 No Sale

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $339.23/cwt on 173 head. That ranks 1 of 13 comparable sales and sits −163.61 against this barn's trailing median of $502.85.

Average price

$339.23

173 head · 554 lb average

Value per head Derived

$1,878

Price × average weight ÷ 100

Grade differential Derived

$65

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

$19.16/cwt at this weight

vs the market

+5.37

vs NE average

+29.52 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	548	347.21	1,904	101
Medium and Large 1-2	561	328.05	1,839	72

One grade step is worth $19.16/cwt here — about $65 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 sale173 hd

339.23

—

NE average8 barns · 1,000 hd

333.86

+5.37

National average167 barns · 10,730 hd

309.71

+29.52

This barn, trailing median13 sales

502.85

−163.61

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	900–950	903	206.00/cwt	206.00–206.00	1,860	12
Heifers	Medium and Large 1	850–900	878	216.00/cwt	216.00–216.00	1,896	17
Heifers	Medium and Large 1	400–450	431	348.70/cwt	340.00–359.00	1,503	28
Heifers	Medium and Large 1	500–550	534	319.66/cwt	309.00–332.00	1,707	28
Heifers	Medium and Large 1	550–600	582	289.43/cwt	280.00–298.00	1,684	47
Heifers	Medium and Large 1	350–400	373	383.82/cwt	365.00–395.00	1,432	48
Steers	Medium and Large 1	600–650	613	317.27/cwt	310.00–322.50	1,945	285
Steers	Medium and Large 1	650–700	659	308.08/cwt	307.75–309.00	2,030	344
Steers	Medium and Large 1	350–400	353	470.00/cwt	470.00–470.00	1,659	16
Steers	Medium and Large 1	750–800	781	260.00/cwt	260.00–260.00	2,031	42
Steers	Medium and Large 1	500–550	526	355.03/cwt	350.00–358.00	1,867	47
Steers	Medium and Large 1	550–600	568	340.40/cwt	330.00–347.50	1,933	54
Steers	Medium and Large 1-2	650–700	667	283.44/cwt	281.00–285.00	1,891	23
Steers	Medium and Large 1-2	550–600	564	327.58/cwt	327.50–328.00	1,848	58
Steers	Medium and Large 1	400–450	403	445.00/cwt	445.00–445.00	1,793	58
Steers	Medium and Large 1	850–900	874	248.75/cwt	248.75–248.75	2,174	68
Steers	Medium and Large 1	450–500	462	408.65/cwt	394.00–445.00	1,888	80
Steers	Medium and Large 1	900–950	939	240.04/cwt	230.50–245.50	2,254	97
Heifers	Medium and Large 1Spayed	650–700	651	285.25/cwt	285.25–285.25	1,857	34
Heifers	Medium and Large 1Spayed	700–750	734	258.50/cwt	258.50–258.50	1,897	72
Steers	Medium and Large 1-2	750–800	792	240.50/cwt	240.50–240.50	1,905	10
Steers	Medium and Large 1-2	500–550	547	330.00/cwt	330.00–330.00	1,805	14
Steers	Medium and Large 1-2	850–900	894	230.00/cwt	230.00–230.00	2,056	15
Steers	Medium and Large 1-2	600–650	615	303.92/cwt	303.00–306.00	1,869	20
Heifers	Medium and Large 1-2	350–400	355	335.00/cwt	335.00–335.00	1,189	10
Heifers	Medium and Large 1-2	500–550	532	296.00/cwt	296.00–296.00	1,575	16
Heifers	Medium and Large 1-2	450–500	457	320.00/cwt	320.00–320.00	1,462	6
Heifers	Medium and Large 1-2	700–750	735	241.00/cwt	241.00–241.00	1,771	6
Heifers	Medium and Large 1	750–800	790	235.12/cwt	230.00–236.50	1,857	59
Heifers	Medium and Large 1	450–500	484	347.76/cwt	337.00–363.00	1,683	88

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 May 8, 2024

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

Receipts 1,840Last week 3,500Year ago 4,990

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
48	350–400	373	365.00–395.00	383.82
28	400–450	431	340.00–359.00	348.70
88	450–500	484	337.00–363.00	347.76
28	500–550	534	309.00–332.00	319.66
47	550–600	582	280.00–298.00	289.43
59	750–800	790	230.00–236.50	235.12
17	850–900	878	216.00	216.00
12	900–950	903	206.00	206.00
Heifers — Medium and Large 1 · Spayed$ per cwt · actual wt
34	650–700	651	285.25	285.25
72	700–750	734	258.50	258.50
Heifers — Medium and Large 1-2$ per cwt · actual wt
10	350–400	355	335.00	335.00
6	450–500	457	320.00	320.00
16	500–550	532	296.00	296.00
6	700–750	735	241.00	241.00
Steers — Medium and Large 1$ per cwt · actual wt
16	350–400	353	470.00	470.00
58	400–450	403	445.00	445.00
80	450–500	462	394.00–445.00	408.65
47	500–550	526	350.00–358.00	355.03
54	550–600	568	330.00–347.50	340.40
285	600–650	613	310.00–322.50	317.27
344	650–700	659	307.75–309.00	308.08
42	750–800	781	260.00	260.00
68	850–900	874	248.75	248.75
97	900–950	939	230.50–245.50	240.04
Steers — Medium and Large 1-2$ per cwt · actual wt
14	500–550	547	330.00	330.00
58	550–600	564	327.50–328.00	327.58
20	600–650	615	303.00–306.00	303.92
23	650–700	667	281.00–285.00	283.44
10	750–800	792	240.50	240.50
15	850–900	894	230.00	230.00

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.

Feeder Cattle — prices, barns, and planning

Fed Cattle — the cash market and what quality pays

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Feed & Hay — the cost side, cash not futures

Cows & Bred Stock — the rebuild market

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