Sale reports / Nebraska / Bassett / 2024-10-30

Bassett

Feeder Cattle · Bassett, Nebraska · Wed, Oct 30
● Final49 lots reportedUSDA AMS · slug 1852
Receipts
6,420 head
2,010 vs last sale 4,410 4,530 vs year ago 1,890 · +239.7%
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Reporter comment USDA

As filed

Compared with two weeks ago, 550 to 1050 lbs steers traded 4.00 to 15.00 higher, a limited number of comparable offerings for heifers with 450 to 500 lbs offerings trading steady to 10.00 higher. Demand was very good today for yearling offerings weaned and non-weaned Spring calves. Several consignments of Charolais black nose cross and Red Angus calves today. Next Auction Dates Nov. 6th and 13th Special Calves & Yearlings

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $323.56/cwt on 883 head. That ranks 1 of 13 comparable sales and sits 179.29 against this barn's trailing median of $502.85.
Average price
$323.56
883 head · 550 lb average
Value per head Derived
$1,778
Price × average weight ÷ 100
Grade differential Derived
$136
per head · Medium and Large 1 over Medium and Large 1-2
$15.61/cwt at this weight
vs the market
+9.50
vs NE average
+22.87 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1552326.011,800744
Medium and Large 1-2536310.401,664139
One grade step is worth $15.61/cwt here — about $136 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
538497456415median 502.8501/0702/0404/2206/2408/19
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 sale883 hd
323.56
NE average10 barns · 6,992 hd
314.05
+9.50
National average185 barns · 40,108 hd
300.69
+22.87
This barn, trailing median13 sales
502.85
−179.29
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

49 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.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
HeifersMedium and Large 1950–1000965229.90/cwt226.25–239.502,21988
HeifersMedium and Large 11000–10501,002229.50/cwt229.50–229.502,3007
HeifersMedium and Large 1350–400384340.01/cwt333.00–352.501,30626
HeifersMedium and Large 1850–900889241.00/cwt241.00–241.002,14233
HeifersMedium and Large 1750–800785242.49/cwt242.00–245.001,90436
HeifersMedium and Large 1400–450431323.67/cwt321.00–330.001,39567
SteersMedium and Large 1Unweaned650–700672282.70/cwt279.00–285.501,90084
SteersMedium and Large 11150–12001,154214.00/cwt214.00–214.002,4707
SteersMedium and Large 1Unweaned600–650622310.58/cwt302.00–315.501,932362
SteersMedium and Large 1350–400384372.00/cwt372.00–372.001,42819
SteersMedium and Large 1950–1000972254.80/cwt247.00–261.002,477694
SteersMedium and Large 1800–850825272.50/cwt272.50–272.502,24871
SteersMedium and Large 1Unweaned750–800759252.50/cwt252.50–252.501,91622
SteersMedium and Large 1450–500482335.79/cwt323.50–351.001,619245
SteersMedium and Large 1-2Unweaned600–650640271.86/cwt247.00–285.001,74032
SteersMedium and Large 1750–800771261.41/cwt250.00–266.252,01599
SteersMedium and Large 1500–550530322.28/cwt315.50–330.001,708213
SteersMedium and Large 11050–11001,052250.75/cwt250.75–250.752,638102
SteersMedium and Large 1850–900885263.06/cwt251.00–267.002,328283
SteersMedium and Large 11000–10501,023252.35/cwt238.00–255.752,582592
SteersMedium and Large 1600–650620311.84/cwt299.00–318.501,933381
SteersMedium and Large 1400–450413349.52/cwt342.00–366.001,44447
SteersMedium and Large 1900–950928263.65/cwt252.00–266.502,447786
SteersMedium and Large 1650–700675291.58/cwt286.25–293.751,968100
HeifersMedium and Large 1-2400–450403307.50/cwt307.50–307.501,23912
HeifersMedium and Large 1550–600578275.73/cwt265.00–282.001,594102
HeifersMedium and Large 1-2450–500498279.00/cwt279.00–279.001,38915
HeifersMedium and Large 1-2550–600572243.00/cwt243.00–243.001,3905
SteersMedium and Large 1Fancy650–700670305.50/cwt305.50–305.502,04789
HeifersMedium and Large 1500–550531291.70/cwt271.00–301.501,549241
HeifersMedium and Large 1Unweaned600–650616273.20/cwt270.00–274.501,68365
HeifersMedium and Large 1Spayed900–950923240.00/cwt240.00–240.002,21555
HeifersMedium and Large 1450–500471310.21/cwt299.00–315.001,461235
HeifersMedium and Large 1Spayed950–1000970228.00/cwt228.00–228.002,21252
SteersMedium and Large 1550–600571320.32/cwt302.00–329.001,829346
HeifersMedium and Large 1-2350–400384320.00/cwt320.00–320.001,2298
SteersMedium and Large 1Fleshy650–700682275.00/cwt275.00–275.001,87615
SteersMedium and Large 1Fleshy900–950941239.00/cwt239.00–239.002,24937
SteersMedium and Large 1Fancy500–550537345.00/cwt345.00–345.001,853117
SteersMedium and Large 1Fancy550–600551334.00/cwt334.00–334.001,84068
SteersMedium and Large 1-2550–600587292.00/cwt292.00–292.001,71410
SteersMedium and Large 1Fancy450–500457368.00/cwt368.00–368.001,68241
SteersMedium and Large 1-2500–550532311.83/cwt305.00–317.001,659129
SteersMedium and Large 1-2800–850839266.86/cwt263.00–267.752,23932
SteersMedium and Large 1-2600–650608291.00/cwt291.00–291.001,76913
SteersMedium and Large 1-2450–500493318.43/cwt311.00–321.001,57050
SteersMedium and Large 1Thin Fleshed400–450404381.00/cwt381.00–381.001,53917
SteersMedium and Large 1-2650–700669284.00/cwt284.00–284.001,90022
SteersMedium and Large 1-2400–450433325.25/cwt320.00–332.501,40831

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.