Name: Bassett livestock auction prices — 2024-07-24
Creator: RaisedBeef
Published: 2024-07-24

Reporter comment USDA

As filed

A limited number of comparable offerings from two week ago, steer offerings 600 to 750 lbs and 1000 to 1050 lbs traded unevenly steady. Steer offerings 900 lbs traded steady. Heifer offerings 600 lbs traded steady. Demand was good with active internet bidding. Next Auction Date Aug 7th

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $339.55/cwt on 137 head. That ranks 1 of 13 comparable sales and sits −163.30 against this barn's trailing median of $502.85.

Average price

$339.55

137 head · 569 lb average

Value per head Derived

$1,931

Price × average weight ÷ 100

Grade differential Derived

$56

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

$27.69/cwt at this weight

vs the market

+0.28

vs NE average

+41.73 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	556	351.27	1,953	79
Medium and Large 1-2	586	323.58	1,897	58

One grade step is worth $27.69/cwt here — about $56 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 sale137 hd

339.55

—

NE average2 barns · 147 hd

339.27

+0.28

National average149 barns · 6,483 hd

297.82

+41.73

This barn, trailing median13 sales

502.85

−163.30

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

31 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	915	229.50/cwt	229.50–229.50	2,100	10
Heifers	Medium and Large 1	350–400	387	351.92/cwt	345.00–357.50	1,362	16
Heifers	Medium and Large 1	400–450	440	345.15/cwt	337.50–355.00	1,519	18
Heifers	Medium and Large 1	450–500	481	341.00/cwt	341.00–341.00	1,640	24
Heifers	Medium and Large 1	500–550	524	324.91/cwt	322.50–327.00	1,703	33
Heifers	Medium and Large 1	750–800	779	256.00/cwt	256.00–256.00	1,994	40
Steers	Medium and Large 1	400–450	416	396.00/cwt	396.00–396.00	1,647	8
Steers	Medium and Large 1	800–850	828	274.00/cwt	274.00–274.00	2,269	62
Steers	Medium and Large 1	850–900	881	264.75/cwt	264.75–264.75	2,332	66
Steers	Medium and Large 1	350–400	376	409.00/cwt	409.00–409.00	1,538	10
Steers	Medium and Large 1	750–800	758	295.77/cwt	288.50–301.00	2,242	131
Steers	Medium and Large 1	650–700	663	302.38/cwt	295.00–317.00	2,005	95
Steers	Medium and Large 1	1050–1100	1,059	244.68/cwt	243.00–247.25	2,591	390
Steers	Medium and Large 1	700–750	731	300.31/cwt	290.00–302.50	2,195	86
Steers	Medium and Large 1	550–600	571	349.04/cwt	348.00–350.00	1,993	46
Steers	Medium and Large 1	500–550	535	354.38/cwt	353.00–362.50	1,896	33
Steers	Medium and Large 1-2	500–550	538	330.00/cwt	330.00–330.00	1,775	8
Steers	Medium and Large 1	950–1000	977	254.00/cwt	254.00–254.00	2,482	63
Steers	Medium and Large 1-2	700–750	748	287.50/cwt	287.50–287.50	2,151	5
Heifers	Medium and Large 1	850–900	875	247.10/cwt	230.00–251.00	2,162	81
Steers	Medium and Large 1	1000–1050	1,030	247.64/cwt	224.25–252.00	2,551	753
Steers	Medium and Large 1	900–950	935	260.19/cwt	241.50–263.50	2,433	233
Steers	Medium and Large 1	450–500	487	371.00/cwt	371.00–371.00	1,807	26
Steers	Medium and Large 1	600–650	635	326.19/cwt	317.50–328.00	2,071	202
Steers	Medium and Large 1-2	550–600	594	322.55/cwt	321.00–329.00	1,916	50
Heifers	Medium and Large 1	600–650	617	312.97/cwt	289.00–318.00	1,931	211
Steers	Medium and Large 1-2	750–800	759	273.00/cwt	273.00–273.00	2,072	11
Heifers	Medium and Large 1	700–750	714	276.50/cwt	276.50–276.50	1,974	85
Heifers	Medium and Large 1-2	650–700	654	281.00/cwt	281.00–281.00	1,838	10
Heifers	Medium and Large 1	950–1000	961	225.50/cwt	225.50–225.50	2,167	65
Heifers	Medium and Large 1-2	300–350	316	372.50/cwt	372.50–372.50	1,177	8

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 24, 2024

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

Receipts 3,150Last week 8,720Year ago 4,025

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
16	350–400	387	345.00–357.50	351.92
18	400–450	440	337.50–355.00	345.15
24	450–500	481	341.00	341.00
33	500–550	524	322.50–327.00	324.91
211	600–650	617	289.00–318.00	312.97
85	700–750	714	276.50	276.50
40	750–800	779	256.00	256.00
81	850–900	875	230.00–251.00	247.10
10	900–950	915	229.50	229.50
65	950–1000	961	225.50	225.50
Heifers — Medium and Large 1-2$ per cwt · actual wt
8	300–350	316	372.50	372.50
10	650–700	654	281.00	281.00
Steers — Medium and Large 1$ per cwt · actual wt
10	350–400	376	409.00	409.00
8	400–450	416	396.00	396.00
26	450–500	487	371.00	371.00
33	500–550	535	353.00–362.50	354.38
46	550–600	571	348.00–350.00	349.04
202	600–650	635	317.50–328.00	326.19
95	650–700	663	295.00–317.00	302.38
86	700–750	731	290.00–302.50	300.31
131	750–800	758	288.50–301.00	295.77
62	800–850	828	274.00	274.00
66	850–900	881	264.75	264.75
233	900–950	935	241.50–263.50	260.19
63	950–1000	977	254.00	254.00
753	1000–1050	1,030	224.25–252.00	247.64
390	1050–1100	1,059	243.00–247.25	244.68
Steers — Medium and Large 1-2$ per cwt · actual wt
8	500–550	538	330.00	330.00
50	550–600	594	321.00–329.00	322.55
5	700–750	748	287.50	287.50
11	750–800	759	273.00	273.00

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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