Name: Bassett livestock auction prices — 2024-10-16
Creator: RaisedBeef
Published: 2024-10-16

Reporter comment USDA

As filed

Consignments today consisted of several loads of yearlings, weaned and non-weaned Spring calves, finishing the auction with pregged checked open heifers. Demand was good for all offerings, with steers trading steady to as much as 10.00 higher. No comparable offerings for heifers. Next Auction Dates for Oct 23rd Special Bred Cow and Pairs, Oct 30th Special Calves and Yearlings

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $325.36/cwt on 423 head. That ranks 1 of 13 comparable sales and sits −177.48 against this barn's trailing median of $502.85.

Average price

$325.36

423 head · 542 lb average

Value per head Derived

$1,762

Price × average weight ÷ 100

Grade differential Derived

$72

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

$15.96/cwt at this weight

vs the market

+13.38

vs NE average

+26.03 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	541	326.57	1,768	391
Medium and Large 1-2	546	310.61	1,696	32

One grade step is worth $15.96/cwt here — about $72 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 sale423 hd

325.36

—

NE average11 barns · 6,949 hd

311.98

+13.38

National average188 barns · 32,793 hd

299.33

+26.03

This barn, trailing median13 sales

502.85

−177.48

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

37 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	300–350	337	352.09/cwt	347.50–357.50	1,187	13
Heifers	Medium and Large 1	1050–1100	1,065	203.87/cwt	201.00–212.00	2,171	24
Heifers	Medium and Large 1	700–750	722	254.00/cwt	254.00–254.00	1,834	77
Heifers	Medium and Large 1-2	550–600	567	266.00/cwt	266.00–266.00	1,508	10
Heifers	Medium and Large 1	500–550	516	293.47/cwt	277.00–309.50	1,514	121
Heifers	Medium and Large 1	450–500	477	299.31/cwt	283.00–305.00	1,428	202
Steers	Medium and Large 1	800–850	839	264.53/cwt	262.50–267.50	2,219	237
Steers	Medium and Large 1	350–400	387	364.54/cwt	360.00–374.00	1,411	45
Steers	Medium and Large 1	750–800	776	272.93/cwt	271.50–274.00	2,118	240
Steers	Medium and Large 1	600–650	614	294.22/cwt	290.00–297.00	1,807	70
Steers	Medium and Large 1	400–450	433	351.22/cwt	344.00–353.00	1,521	64
Steers	Medium and Large 1-2	700–750	707	261.00/cwt	261.00–261.00	1,845	8
Steers	Medium and Large 1	550–600	568	311.52/cwt	309.00–317.50	1,769	190
Steers	Medium and Large 1	950–1000	963	249.23/cwt	245.50–254.00	2,400	241
Steers	Medium and Large 1	850–900	879	258.78/cwt	253.50–260.75	2,275	152
Steers	Medium and Large 1	1000–1050	1,019	241.00/cwt	235.75–247.00	2,456	746
Steers	Medium and Large 1-2	750–800	789	243.00/cwt	243.00–243.00	1,917	6
Steers	Medium and Large 1-2	850–900	878	257.00/cwt	257.00–257.00	2,256	14
Steers	Medium and Large 1-2	550–600	599	286.00/cwt	286.00–286.00	1,713	7
Steers	Medium and Large 1	700–750	739	274.01/cwt	266.00–275.00	2,025	173
Steers	Medium and Large 1	650–700	654	261.00/cwt	261.00–261.00	1,707	14
Steers	Medium and Large 1	500–550	516	340.80/cwt	321.00–345.50	1,759	201
Steers	Medium and Large 1	450–500	461	347.47/cwt	323.00–357.00	1,602	137
Steers	Medium and Large 1	300–350	323	365.00/cwt	365.00–365.00	1,179	6
Steers	Medium and Large 1-2	600–650	644	256.00/cwt	256.00–256.00	1,649	9
Heifers	Medium and Large 1	800–850	822	243.62/cwt	243.00–244.00	2,003	71
Steers	Medium and Large 1-2	500–550	531	317.50/cwt	317.50–317.50	1,686	25
Heifers	Medium and Large 1	850–900	857	244.57/cwt	242.50–247.25	2,096	58
Heifers	Medium and Large 1	350–400	389	322.47/cwt	318.00–327.50	1,254	31
Heifers	Medium and Large 1	950–1000	961	234.55/cwt	230.00–236.00	2,254	72
Steers	Medium and Large 1	1050–1100	1,064	235.32/cwt	230.25–241.25	2,504	628
Heifers	Medium and Large 1	400–450	423	320.65/cwt	314.00–334.00	1,356	122
Steers	Medium and Large 1	900–950	929	255.84/cwt	249.50–261.50	2,377	876
Heifers	Medium and Large 1	1000–1050	1,010	218.48/cwt	218.25–219.25	2,207	35
Heifers	Medium and Large 1-2	400–450	448	310.00/cwt	310.00–310.00	1,389	11
Heifers	Medium and Large 1	550–600	574	280.25/cwt	275.00–282.00	1,609	56
Heifers	Medium and Large 1	900–950	914	232.12/cwt	231.00–240.00	2,122	57

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 16, 2024

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

Receipts 4,410Last week 7,010Year ago 4,440

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
13	300–350	337	347.50–357.50	352.09
31	350–400	389	318.00–327.50	322.47
122	400–450	423	314.00–334.00	320.65
202	450–500	477	283.00–305.00	299.31
121	500–550	516	277.00–309.50	293.47
56	550–600	574	275.00–282.00	280.25
77	700–750	722	254.00	254.00
71	800–850	822	243.00–244.00	243.62
58	850–900	857	242.50–247.25	244.57
57	900–950	914	231.00–240.00	232.12
72	950–1000	961	230.00–236.00	234.55
35	1000–1050	1,010	218.25–219.25	218.48
24	1050–1100	1,065	201.00–212.00	203.87
Heifers — Medium and Large 1-2$ per cwt · actual wt
11	400–450	448	310.00	310.00
10	550–600	567	266.00	266.00
Steers — Medium and Large 1$ per cwt · actual wt
6	300–350	323	365.00	365.00
45	350–400	387	360.00–374.00	364.54
64	400–450	433	344.00–353.00	351.22
137	450–500	461	323.00–357.00	347.47
201	500–550	516	321.00–345.50	340.80
190	550–600	568	309.00–317.50	311.52
70	600–650	614	290.00–297.00	294.22
14	650–700	654	261.00	261.00
173	700–750	739	266.00–275.00	274.01
240	750–800	776	271.50–274.00	272.93
237	800–850	839	262.50–267.50	264.53
152	850–900	879	253.50–260.75	258.78
876	900–950	929	249.50–261.50	255.84
241	950–1000	963	245.50–254.00	249.23
746	1000–1050	1,019	235.75–247.00	241.00
628	1050–1100	1,064	230.25–241.25	235.32
Steers — Medium and Large 1-2$ per cwt · actual wt
25	500–550	531	317.50	317.50
7	550–600	599	286.00	286.00
9	600–650	644	256.00	256.00
8	700–750	707	261.00	261.00
6	750–800	789	243.00	243.00
14	850–900	878	257.00	257.00

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