Name: Bassett livestock auction prices — 2024-07-10
Creator: RaisedBeef
Published: 2024-07-10

Reporter comment USDA

As filed

Annual Customer Appreciation BBQ Sale, started the day at 8:00 am, Fall calves followed by video auction at noon then onto several loads of yearling offering off local Sandhill Ranches. Steer offerings 550 and 650 lbs sold 5.00 lower, 600 and 700 lbs steers traded steady to 4.00 higher, 900 and 1000 lbs steers traded 2.00 to 4.00 higher. Heifer offerings 550 to 650 lbs traded steady with no comparison for yearling weight offerings. Demand was good all day, with several buyers at the barn and active internet bidding. The weather has warmed up a bit after last weeks rain showers and cloudy days. The grass is green from the meadows to the tops of the Sandhills pastures

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $350.23/cwt on 547 head. That ranks 1 of 13 comparable sales and sits −152.62 against this barn's trailing median of $502.85.

Average price

$350.23

547 head · 564 lb average

Value per head Derived

$1,976

Price × average weight ÷ 100

Grade differential Derived

$31

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

$22.46/cwt at this weight

vs the market

+0.74

vs NE average

+47.32 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	556	356.84	1,984	386
Medium and Large 1-2	584	334.38	1,953	161

One grade step is worth $22.46/cwt here — about $31 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 sale547 hd

350.23

—

NE average2 barns · 589 hd

349.49

+0.74

National average160 barns · 9,699 hd

302.91

+47.32

This barn, trailing median13 sales

502.85

−152.62

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

48 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
Steers	Medium and Large 1	900–950	926	261.13/cwt	254.50–268.00	2,418	1,000
Steers	Medium and Large 1-2	450–500	497	375.00/cwt	375.00–375.00	1,864	15
Steers	Medium and Large 1	500–550	525	371.47/cwt	358.00–390.00	1,950	125
Steers	Medium and Large 1	1050–1100	1,066	243.26/cwt	242.00–245.25	2,593	271
Steers	Medium and Large 1-2	500–550	534	354.72/cwt	352.50–360.00	1,894	17
Steers	Medium and Large 1-2	800–850	814	262.98/cwt	259.00–272.50	2,141	34
Steers	Medium and Large 1-2	600–650	643	315.86/cwt	310.00–319.00	2,031	44
Heifers	Medium and Large 1Spayed	850–900	869	254.50/cwt	254.50–254.50	2,212	63
Heifers	Medium and Large 1Spayed	800–850	821	257.00/cwt	257.00–257.00	2,110	148
Heifers	Medium and Large 1Spayed	700–750	730	262.82/cwt	260.50–263.00	1,919	164
Heifers	Medium and Large 1Spayed	750–800	779	267.02/cwt	264.50–271.25	2,080	278
Steers	Medium and Large 1-2	700–750	711	282.02/cwt	270.00–288.00	2,005	115
Steers	Medium and Large 1-2	550–600	590	331.98/cwt	324.50–337.50	1,959	144
Heifers	Medium and Large 1	500–550	518	351.08/cwt	345.00–370.00	1,819	89
Heifers	Medium and Large 1	650–700	674	289.20/cwt	284.00–291.50	1,949	179
Heifers	Medium and Large 1	600–650	616	311.14/cwt	294.00–325.00	1,917	193
Heifers	Medium and Large 1	800–850	811	256.99/cwt	243.50–261.50	2,084	241
Heifers	Medium and Large 1	550–600	568	332.16/cwt	321.50–355.00	1,887	294
Heifers	Medium and Large 1Spayed	1000–1050	1,011	224.75/cwt	224.75–224.75	2,272	59
Heifers	Medium and Large 1-2	550–600	590	310.21/cwt	308.00–319.00	1,830	65
Heifers	Medium and Large 1-2	700–750	719	260.00/cwt	260.00–260.00	1,869	7
Heifers	Medium and Large 1-2	400–450	419	335.00/cwt	335.00–335.00	1,404	8
Heifers	Medium and Large 1-2	450–500	492	332.00/cwt	332.00–332.00	1,633	8
Heifers	Medium and Large 1-2	500–550	501	340.00/cwt	340.00–340.00	1,703	12
Heifers	Medium and Large 1	900–950	905	232.50/cwt	232.50–232.50	2,104	83
Heifers	Medium and Large 1	450–500	495	338.00/cwt	338.00–338.00	1,673	15
Heifers	Medium and Large 1	750–800	786	251.50/cwt	251.50–251.50	1,977	31
Heifers	Medium and Large 1	400–450	442	348.13/cwt	345.00–351.00	1,539	39
Heifers	Medium and Large 1	700–750	742	262.25/cwt	262.25–262.25	1,946	60
Heifers	Medium and Large 1	950–1000	972	227.25/cwt	227.25–227.25	2,209	65
Heifers	Medium and Large 1	850–900	892	231.00/cwt	231.00–231.00	2,061	69
Steers	Medium and Large 1	650–700	671	323.54/cwt	315.00–335.00	2,171	253
Steers	Medium and Large 1NHTC	950–1000	962	262.00/cwt	262.00–262.00	2,520	62
Steers	Medium and Large 1NHTC	700–750	709	306.75/cwt	306.75–306.75	2,175	84
Steers	Medium and Large 1NHTC	600–650	643	327.25/cwt	327.25–327.25	2,104	88
Steers	Medium and Large 1NHTC	550–600	584	344.00/cwt	344.00–344.00	2,009	89
Steers	Medium and Large 1NHTC	1000–1050	1,021	255.50/cwt	255.50–255.50	2,609	178
Steers	Medium and Large 1	1000–1050	1,015	251.62/cwt	245.00–256.00	2,554	1,426
Steers	Medium and Large 1	450–500	478	391.67/cwt	387.50–407.50	1,872	43
Steers	Medium and Large 1	850–900	867	263.27/cwt	257.00–268.50	2,283	157
Steers	Medium and Large 1	550–600	564	352.86/cwt	340.00–368.00	1,990	172
Steers	Medium and Large 1	750–800	775	286.36/cwt	269.00–289.50	2,219	187
Steers	Medium and Large 1	700–750	722	296.43/cwt	296.00–301.00	2,140	191
Steers	Medium and Large 1-2	650–700	676	305.70/cwt	304.00–309.00	2,067	63
Steers	Medium and Large 1	400–450	441	399.36/cwt	397.50–400.00	1,761	20
Steers	Medium and Large 1	600–650	617	335.58/cwt	320.00–352.00	2,071	327
Steers	Medium and Large 1	800–850	826	275.93/cwt	272.00–284.00	2,279	386
Steers	Medium and Large 1	950–1000	976	255.91/cwt	252.25–259.35	2,498	804

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 Jul 10, 2024

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

Receipts 8,720Last week 6,795Year ago 6,980

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
20	400–450	441	397.50–400.00	399.36
43	450–500	478	387.50–407.50	391.67
125	500–550	525	358.00–390.00	371.47
172	550–600	564	340.00–368.00	352.86
327	600–650	617	320.00–352.00	335.58
253	650–700	671	315.00–335.00	323.54
191	700–750	722	296.00–301.00	296.43
187	750–800	775	269.00–289.50	286.36
386	800–850	826	272.00–284.00	275.93
157	850–900	867	257.00–268.50	263.27
1,000	900–950	926	254.50–268.00	261.13
804	950–1000	976	252.25–259.35	255.91
1,426	1000–1050	1,015	245.00–256.00	251.62
271	1050–1100	1,066	242.00–245.25	243.26
Steers — Medium and Large 1-2$ per cwt · actual wt
15	450–500	497	375.00	375.00
17	500–550	534	352.50–360.00	354.72
144	550–600	590	324.50–337.50	331.98
44	600–650	643	310.00–319.00	315.86
63	650–700	676	304.00–309.00	305.70
115	700–750	711	270.00–288.00	282.02
34	800–850	814	259.00–272.50	262.98
Steers — Medium and Large 1 · NHTC$ per cwt · actual wt
89	550–600	584	344.00	344.00
88	600–650	643	327.25	327.25
84	700–750	709	306.75	306.75
62	950–1000	962	262.00	262.00
178	1000–1050	1,021	255.50	255.50
Heifers — Medium and Large 1 · Spayed$ per cwt · actual wt
164	700–750	730	260.50–263.00	262.82
278	750–800	779	264.50–271.25	267.02
148	800–850	821	257.00	257.00
63	850–900	869	254.50	254.50
59	1000–1050	1,011	224.75	224.75
Heifers — Medium and Large 1$ per cwt · actual wt
39	400–450	442	345.00–351.00	348.13
15	450–500	495	338.00	338.00
89	500–550	518	345.00–370.00	351.08
294	550–600	568	321.50–355.00	332.16
193	600–650	616	294.00–325.00	311.14
179	650–700	674	284.00–291.50	289.20
60	700–750	742	262.25	262.25
31	750–800	786	251.50	251.50
241	800–850	811	243.50–261.50	256.99
69	850–900	892	231.00	231.00
83	900–950	905	232.50	232.50
65	950–1000	972	227.25	227.25
Heifers — Medium and Large 1-2$ per cwt · actual wt
8	400–450	419	335.00	335.00
8	450–500	492	332.00	332.00
12	500–550	501	340.00	340.00
65	550–600	590	308.00–319.00	310.21
7	700–750	719	260.00	260.00

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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