Name: Bassett livestock auction prices — 2024-10-02
Creator: RaisedBeef
Published: 2024-10-02

Reporter comment USDA

As filed

Compared with two weeks ago 750 to 1000 lbs steers traded unevenly steady and heifer offerings traded steady to sharply higher for 850 to 950 lbs offerings. Demand was very good today with several buyers and active internet bidding. First show of Spring calves off the cow today with high interest from buyers. Next Auction Date Oct 16th

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $324.20/cwt on 291 head. That ranks 1 of 13 comparable sales and sits −178.65 against this barn's trailing median of $502.85.

Average price

$324.20

291 head · 533 lb average

Value per head Derived

$1,729

Price × average weight ÷ 100

Grade differential Derived

$65

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

$17.59/cwt at this weight

vs the market

+8.93

vs NE average

+37.38 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	533	325.59	1,734	268
Medium and Large 1-2	542	308.00	1,669	23

One grade step is worth $17.59/cwt here — about $65 a head. Across this sale the premium is widest at 600–700 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 sale291 hd

324.20

—

NE average5 barns · 1,001 hd

315.27

+8.93

National average167 barns · 15,497 hd

286.82

+37.38

This barn, trailing median13 sales

502.85

−178.65

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

41 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 1-2	650–700	664	259.00/cwt	259.00–259.00	1,720	5
Heifers	Medium and Large 1-2	750–800	774	233.52/cwt	232.00–236.00	1,807	21
Heifers	Medium and Large 1	700–750	704	259.00/cwt	259.00–259.00	1,823	161
Heifers	Medium and Large 1	950–1000	980	217.35/cwt	211.50–218.50	2,130	525
Heifers	Medium and Large 1-2	700–750	724	241.00/cwt	241.00–241.00	1,745	6
Heifers	Medium and Large 1	900–950	928	223.27/cwt	220.00–232.50	2,072	358
Steers	Medium and Large 1	900–950	925	247.76/cwt	240.25–254.00	2,292	571
Steers	Medium and Large 1	600–650	644	283.00/cwt	283.00–283.00	1,823	22
Steers	Medium and Large 1	950–1000	977	245.39/cwt	236.50–250.50	2,397	1,039
Steers	Medium and Large 1	1000–1050	1,018	244.18/cwt	240.50–246.25	2,486	381
Steers	Medium and Large 1	700–750	740	274.00/cwt	274.00–274.00	2,028	27
Steers	Medium and Large 1-2	600–650	635	272.00/cwt	272.00–272.00	1,727	14
Steers	Medium and Large 1-2	500–550	542	308.00/cwt	308.00–308.00	1,669	23
Steers	Medium and Large 1	400–450	435	343.04/cwt	342.50–345.00	1,492	26
Steers	Medium and Large 1	500–550	525	331.80/cwt	329.50–334.25	1,742	224
Steers	Medium and Large 1	650–700	654	286.00/cwt	286.00–286.00	1,870	43
Steers	Medium and Large 1	450–500	478	322.50/cwt	322.50–322.50	1,542	36
Steers	Medium and Large 1	750–800	777	261.96/cwt	253.00–267.50	2,035	152
Steers	Medium and Large 1	800–850	845	263.68/cwt	263.50–264.00	2,228	223
Steers	Medium and Large 1	850–900	884	250.62/cwt	246.50–255.25	2,215	240
Steers	Medium and Large 1-2	800–850	820	246.38/cwt	241.00–248.50	2,020	29
Heifers	Medium and Large 1Spayed	750–800	790	244.25/cwt	244.25–244.25	1,930	50
Steers	Medium and Large 1	350–400	397	345.00/cwt	345.00–345.00	1,370	9
Heifers	Medium and Large 1Spayed	850–900	869	244.88/cwt	241.25–246.00	2,128	357
Heifers	Medium and Large 1	1000–1050	1,008	219.00/cwt	219.00–219.00	2,208	12
Steers	Medium and Large 1Fancy	600–650	605	320.00/cwt	320.00–320.00	1,936	90
Steers	Medium and Large 1Fancy	900–950	935	260.25/cwt	260.25–260.25	2,433	240
Heifers	Medium and Large 1	600–650	624	262.44/cwt	255.00–279.00	1,638	78
Steers	Medium and Large 1	550–600	572	294.00/cwt	294.00–294.00	1,682	44
Heifers	Medium and Large 1Spayed	800–850	820	239.69/cwt	235.50–242.00	1,965	72
Heifers	Medium and Large 1	850–900	865	242.30/cwt	238.00–244.50	2,096	254
Heifers	Medium and Large 1Spayed	1000–1050	1,024	227.00/cwt	227.00–227.00	2,324	60
Heifers	Medium and Large 1Spayed	950–1000	971	234.75/cwt	233.00–237.50	2,279	264
Heifers	Medium and Large 1	350–400	394	315.00/cwt	315.00–315.00	1,241	7
Heifers	Medium and Large 1Spayed	900–950	911	239.10/cwt	232.00–246.00	2,178	312
Heifers	Medium and Large 1	450–500	462	294.03/cwt	291.00–297.00	1,358	49
Heifers	Medium and Large 1	550–600	551	276.50/cwt	276.50–276.50	1,524	11
Heifers	Medium and Large 1	500–550	539	278.00/cwt	278.00–278.00	1,498	24
Heifers	Medium and Large 1	750–800	763	250.66/cwt	245.50–253.25	1,913	221
Heifers	Medium and Large 1	650–700	665	262.00/cwt	262.00–262.00	1,742	25
Heifers	Medium and Large 1Spayed	700–750	700	255.00/cwt	255.00–255.00	1,785	16

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 Oct 2, 2024

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

Receipts 7,010Last week 4,830Year ago 1,935

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2$ per cwt · actual wt
5	650–700	664	259.00	259.00
6	700–750	724	241.00	241.00
21	750–800	774	232.00–236.00	233.52
Heifers — Medium and Large 1$ per cwt · actual wt
7	350–400	394	315.00	315.00
49	450–500	462	291.00–297.00	294.03
24	500–550	539	278.00	278.00
11	550–600	551	276.50	276.50
78	600–650	624	255.00–279.00	262.44
25	650–700	665	262.00	262.00
161	700–750	704	259.00	259.00
221	750–800	763	245.50–253.25	250.66
254	850–900	865	238.00–244.50	242.30
358	900–950	928	220.00–232.50	223.27
525	950–1000	980	211.50–218.50	217.35
12	1000–1050	1,008	219.00	219.00
Heifers — Medium and Large 1 · Spayed$ per cwt · actual wt
16	700–750	700	255.00	255.00
50	750–800	790	244.25	244.25
72	800–850	820	235.50–242.00	239.69
357	850–900	869	241.25–246.00	244.88
312	900–950	911	232.00–246.00	239.10
264	950–1000	971	233.00–237.50	234.75
60	1000–1050	1,024	227.00	227.00
Steers — Medium and Large 1$ per cwt · actual wt
9	350–400	397	345.00	345.00
26	400–450	435	342.50–345.00	343.04
36	450–500	478	322.50	322.50
224	500–550	525	329.50–334.25	331.80
44	550–600	572	294.00	294.00
22	600–650	644	283.00	283.00
43	650–700	654	286.00	286.00
27	700–750	740	274.00	274.00
152	750–800	777	253.00–267.50	261.96
223	800–850	845	263.50–264.00	263.68
240	850–900	884	246.50–255.25	250.62
571	900–950	925	240.25–254.00	247.76
1,039	950–1000	977	236.50–250.50	245.39
381	1000–1050	1,018	240.50–246.25	244.18
Steers — Medium and Large 1-2$ per cwt · actual wt
23	500–550	542	308.00	308.00
14	600–650	635	272.00	272.00
29	800–850	820	241.00–248.50	246.38
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
90	600–650	605	320.00	320.00
240	900–950	935	260.25	260.25

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