Name: Bassett livestock auction prices — 2024-08-21
Creator: RaisedBeef
Published: 2024-08-21

Reporter comment USDA

As filed

Compared with two weeks ago 900 to 1000 lbs steers traded 8.00 to 15.00 lower, and 800 lbs heifers traded 5.00 lower. Demand was moderate to good with several buyers and active internet bidding. Next Auction Date Sept 4th Special Fall Calves and Yearlings

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $310.47/cwt on 133 head. That ranks 1 of 13 comparable sales and sits −192.38 against this barn's trailing median of $502.85.

Average price

$310.47

133 head · 540 lb average

Value per head Derived

$1,675

Price × average weight ÷ 100

Grade differential Derived

$150

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

$22.84/cwt at this weight

vs the market

+3.00

vs NE average

+39.97 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	540	311.84	1,684	125
Medium and Large 1-2	531	289.00	1,535	8thin

One grade step is worth $22.84/cwt here — about $150 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 sale133 hd

310.47

—

NE average4 barns · 340 hd

307.47

+3.00

National average163 barns · 7,520 hd

270.50

+39.97

This barn, trailing median13 sales

502.85

−192.38

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

33 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	600–650	600	278.00/cwt	278.00–278.00	1,668	7
Heifers	Medium and Large 1	1050–1100	1,063	213.50/cwt	213.50–213.50	2,270	13
Heifers	Medium and Large 1	1000–1050	1,029	216.00/cwt	216.00–216.00	2,223	24
Heifers	Medium and Large 1	650–700	683	252.36/cwt	251.00–253.00	1,724	27
Heifers	Medium and Large 1	550–600	590	285.50/cwt	285.50–285.50	1,684	29
Heifers	Medium and Large 1	750–800	765	241.65/cwt	240.00–243.00	1,849	42
Steers	Medium and Large 1	850–900	862	242.00/cwt	242.00–242.00	2,086	5
Steers	Medium and Large 1	700–750	719	259.00/cwt	259.00–259.00	1,862	5
Steers	Medium and Large 1-2	700–750	723	255.00/cwt	255.00–255.00	1,844	5
Steers	Medium and Large 1	900–950	931	235.68/cwt	234.00–238.00	2,194	184
Steers	Medium and Large 1	950–1000	985	231.94/cwt	226.50–235.00	2,285	317
Steers	Medium and Large 1	550–600	567	303.22/cwt	295.00–318.00	1,719	41
Steers	Medium and Large 1NHTC	850–900	860	253.25/cwt	253.25–253.25	2,178	60
Steers	Medium and Large 1	400–450	437	322.50/cwt	322.50–322.50	1,409	15
Steers	Medium and Large 1	1050–1100	1,068	221.22/cwt	221.00–222.00	2,363	143
Heifers	Medium and Large 1Spayed	950–1000	987	220.56/cwt	215.50–224.00	2,177	236
Heifers	Medium and Large 1Spayed	900–950	938	219.50/cwt	219.50–219.50	2,059	65
Heifers	Medium and Large 1	850–900	873	232.41/cwt	224.00–237.00	2,029	98
Steers	Medium and Large 1-2	750–800	765	257.00/cwt	257.00–257.00	1,966	5
Steers	Medium and Large 1-2	500–550	531	289.00/cwt	289.00–289.00	1,535	8
Steers	Medium and Large 1NHTC	900–950	924	248.66/cwt	242.50–250.25	2,298	156
Heifers	Medium and Large 1	900–950	917	226.32/cwt	218.00–228.75	2,075	224
Heifers	Medium and Large 1	800–850	833	237.99/cwt	235.00–240.00	1,982	188
Heifers	Medium and Large 1	500–550	527	297.96/cwt	290.00–303.50	1,570	49
Steers	Medium and Large 1	500–550	527	316.05/cwt	312.00–325.00	1,666	84
Steers	Medium and Large 1	750–800	772	261.66/cwt	260.00–264.00	2,020	24
Steers	Medium and Large 1	800–850	804	256.50/cwt	256.50–256.50	2,062	25
Heifers	Medium and Large 1	950–1000	977	218.36/cwt	215.50–220.00	2,133	53
Heifers	Medium and Large 1	700–750	742	251.31/cwt	243.50–260.50	1,865	96
Heifers	Medium and Large 1-2	550–600	579	293.00/cwt	293.00–293.00	1,696	7
Steers	Medium and Large 1	1000–1050	1,030	225.67/cwt	223.50–227.50	2,324	790
Steers	Medium and Large 1	650–700	687	268.50/cwt	268.50–268.50	1,845	13
Steers	Medium and Large 1	600–650	618	292.62/cwt	282.00–300.00	1,808	28

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 Aug 21, 2024

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

Receipts 3,180Last week 1,875Year ago 570

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
49	500–550	527	290.00–303.50	297.96
29	550–600	590	285.50	285.50
7	600–650	600	278.00	278.00
27	650–700	683	251.00–253.00	252.36
96	700–750	742	243.50–260.50	251.31
42	750–800	765	240.00–243.00	241.65
188	800–850	833	235.00–240.00	237.99
98	850–900	873	224.00–237.00	232.41
224	900–950	917	218.00–228.75	226.32
53	950–1000	977	215.50–220.00	218.36
24	1000–1050	1,029	216.00	216.00
13	1050–1100	1,063	213.50	213.50
Heifers — Medium and Large 1 · Spayed$ per cwt · actual wt
65	900–950	938	219.50	219.50
236	950–1000	987	215.50–224.00	220.56
Heifers — Medium and Large 1-2$ per cwt · actual wt
7	550–600	579	293.00	293.00
Steers — Medium and Large 1$ per cwt · actual wt
15	400–450	437	322.50	322.50
84	500–550	527	312.00–325.00	316.05
41	550–600	567	295.00–318.00	303.22
28	600–650	618	282.00–300.00	292.62
13	650–700	687	268.50	268.50
5	700–750	719	259.00	259.00
24	750–800	772	260.00–264.00	261.66
25	800–850	804	256.50	256.50
5	850–900	862	242.00	242.00
184	900–950	931	234.00–238.00	235.68
317	950–1000	985	226.50–235.00	231.94
790	1000–1050	1,030	223.50–227.50	225.67
143	1050–1100	1,068	221.00–222.00	221.22
Steers — Medium and Large 1-2$ per cwt · actual wt
8	500–550	531	289.00	289.00
5	700–750	723	255.00	255.00
5	750–800	765	257.00	257.00
Steers — Medium and Large 1 · NHTC$ per cwt · actual wt
60	850–900	860	253.25	253.25
156	900–950	924	242.50–250.25	248.66

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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