Name: Bassett livestock auction prices — 2024-05-29
Creator: RaisedBeef
Published: 2024-05-29

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, a higher undertone should be noted. Next Auction Dates for June 12th Special Bred Cow and Pairs Auction, Weigh Ups at 9 am

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $356.55/cwt on 268 head. That ranks 1 of 13 comparable sales and sits −146.30 against this barn's trailing median of $502.85.

Average price

$356.55

268 head · 556 lb average

Value per head Derived

$1,982

Price × average weight ÷ 100

Grade differential Derived

$70

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

$31.52/cwt at this weight

vs the market

+1.43

vs NE average

+51.41 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	552	360.19	1,989	237
Medium and Large 1-2	584	328.67	1,919	31

One grade step is worth $31.52/cwt here — about $70 a head. Across this sale the premium is widest at 500–600 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 sale268 hd

356.55

—

NE average3 barns · 870 hd

355.12

+1.43

National average125 barns · 5,668 hd

305.14

+51.41

This barn, trailing median13 sales

502.85

−146.30

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

27 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	350–400	395	362.50/cwt	362.50–362.50	1,432	12
Heifers	Medium and Large 1	650–700	671	280.35/cwt	280.00–281.00	1,881	20
Heifers	Medium and Large 1	600–650	617	291.26/cwt	275.00–307.00	1,797	25
Heifers	Medium and Large 1	700–750	705	259.00/cwt	259.00–259.00	1,826	25
Heifers	Medium and Large 1	750–800	772	242.92/cwt	240.00–246.00	1,875	25
Heifers	Medium and Large 1	450–500	472	351.90/cwt	347.50–357.00	1,661	38
Steers	Medium and Large 1	800–850	840	268.10/cwt	256.00–269.00	2,252	71
Steers	Medium and Large 1-2	550–600	584	328.67/cwt	328.00–329.50	1,919	31
Steers	Medium and Large 1-2	400–450	436	367.00/cwt	367.00–367.00	1,600	5
Steers	Medium and Large 1	750–800	772	278.29/cwt	272.00–283.50	2,148	85
Steers	Medium and Large 1	600–650	611	314.69/cwt	304.00–316.50	1,923	90
Steers	Medium and Large 1	900–950	915	238.00/cwt	238.00–238.00	2,178	9
Steers	Medium and Large 1Unweaned	450–500	478	376.00/cwt	376.00–376.00	1,797	21
Steers	Medium and Large 1-2	650–700	699	287.00/cwt	287.00–287.00	2,006	9
Steers	Medium and Large 1-2	450–500	476	365.00/cwt	365.00–365.00	1,737	14
Heifers	Medium and Large 1	550–600	578	313.34/cwt	292.50–321.00	1,811	134
Heifers	Medium and Large 1-2	500–550	511	326.00/cwt	326.00–326.00	1,666	6
Heifers	Medium and Large 1Unweaned	550–600	550	307.00/cwt	307.00–307.00	1,689	18
Steers	Medium and Large 1	450–500	481	377.00/cwt	377.00–377.00	1,813	24
Steers	Medium and Large 1	700–750	714	296.44/cwt	290.00–301.50	2,117	25
Steers	Medium and Large 1Unweaned	550–600	569	326.00/cwt	326.00–326.00	1,855	19
Heifers	Medium and Large 1	500–550	515	350.71/cwt	341.00–353.50	1,806	90
Heifers	Medium and Large 1Unweaned	450–500	465	361.00/cwt	361.00–361.00	1,679	29
Heifers	Medium and Large 1-2	400–450	438	352.50/cwt	352.50–352.50	1,544	10
Steers	Medium and Large 1	500–550	510	366.06/cwt	352.00–372.50	1,867	96
Steers	Medium and Large 1	550–600	583	360.90/cwt	338.00–368.00	2,104	122
Steers	Medium and Large 1	650–700	680	314.78/cwt	290.00–323.00	2,141	189

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 29, 2024

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

Receipts 1,480Last week 1,840Year 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
12	350–400	395	362.50	362.50
38	450–500	472	347.50–357.00	351.90
90	500–550	515	341.00–353.50	350.71
134	550–600	578	292.50–321.00	313.34
25	600–650	617	275.00–307.00	291.26
20	650–700	671	280.00–281.00	280.35
25	700–750	705	259.00	259.00
25	750–800	772	240.00–246.00	242.92
Heifers — Medium and Large 1-2$ per cwt · actual wt
10	400–450	438	352.50	352.50
6	500–550	511	326.00	326.00
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
29	450–500	465	361.00	361.00
18	550–600	550	307.00	307.00
Steers — Medium and Large 1$ per cwt · actual wt
24	450–500	481	377.00	377.00
96	500–550	510	352.00–372.50	366.06
122	550–600	583	338.00–368.00	360.90
90	600–650	611	304.00–316.50	314.69
189	650–700	680	290.00–323.00	314.78
25	700–750	714	290.00–301.50	296.44
85	750–800	772	272.00–283.50	278.29
71	800–850	840	256.00–269.00	268.10
9	900–950	915	238.00	238.00
Steers — Medium and Large 1-2$ per cwt · actual wt
5	400–450	436	367.00	367.00
14	450–500	476	365.00	365.00
31	550–600	584	328.00–329.50	328.67
9	650–700	699	287.00	287.00
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
21	450–500	478	376.00	376.00
19	550–600	569	326.00	326.00

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

Beef & Retail — from the box to the grocery shelf

Feed & Hay — the cost side, cash not futures

Cows & Bred Stock — the rebuild market

More

Bassett