Sale reports / Nebraska / Bassett / 2024-11-06

Bassett

Feeder Cattle · Bassett, Nebraska · Wed, Nov 6
● Final25 lots reportedUSDA AMS · slug 1852
Receipts
1,285 head
5,135 vs last sale 6,420 1,965 vs year ago 3,250 · 60.5%
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Reporter comment USDA

As filed

A limited number of comparable offerings from last week a trend will not be given for steers or heifers. Demand was moderate to good. Next Auction Date Nov 13th Special Calves & Yearlings, Nov 20th Special Bred Cow & Pairs

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $313.47/cwt on 209 head. That ranks 1 of 13 comparable sales and sits 189.38 against this barn's trailing median of $502.85.
Average price
$313.47
209 head · 542 lb average
Value per head Derived
$1,699
Price × average weight ÷ 100
Grade differential Derived
$244
per head · Medium and Large 1 over Medium and Large 1-2
$21.59/cwt at this weight
vs the market
+3.61
vs NE average
+11.62 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1543314.091,706203
Medium and Large 1-2500292.501,4636thin
One grade step is worth $21.59/cwt here — about $244 a head. Across this sale the premium is widest at 400–500 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 sale209 hd
313.47
NE average12 barns · 7,285 hd
309.86
+3.61
National average187 barns · 26,509 hd
301.85
+11.62
This barn, trailing median13 sales
502.85
−189.38
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

25 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
SteersMedium and Large 1350–400384375.00/cwt375.00–375.001,44040
SteersMedium and Large 1550–600570306.74/cwt297.00–309.001,748106
SteersMedium and Large 1Unweaned650–700664271.91/cwt269.00–274.501,80541
SteersMedium and Large 1300–350340402.48/cwt400.00–406.501,36843
HeifersMedium and Large 1400–450413326.56/cwt310.00–330.001,34961
HeifersMedium and Large 1900–950916228.00/cwt228.00–228.002,0884
HeifersMedium and Large 1750–800759241.00/cwt241.00–241.001,8296
HeifersMedium and Large 1800–850812234.50/cwt234.50–234.501,9047
HeifersMedium and Large 1950–1000964233.00/cwt233.00–233.002,24611
HeifersMedium and Large 1850–900888232.98/cwt229.00–236.002,06916
HeifersMedium and Large 1350–400398356.00/cwt356.00–356.001,41736
SteersMedium and Large 1850–900883267.00/cwt267.00–267.002,35858
SteersMedium and Large 1900–950916262.75/cwt262.75–262.752,40759
SteersMedium and Large 1600–650636292.00/cwt292.00–292.001,85732
SteersMedium and Large 1400–450424364.38/cwt359.00–367.501,54545
SteersMedium and Large 1750–800774267.00/cwt267.00–267.002,06776
SteersMedium and Large 1-2850–900853239.50/cwt239.50–239.502,0435
SteersMedium and Large 1450–500463337.00/cwt325.00–338.001,560125
SteersMedium and Large 1-2500–550500292.50/cwt292.50–292.501,4636
SteersMedium and Large 1500–550514322.12/cwt319.00–324.001,65697
SteersMedium and Large 1-2450–500496311.00/cwt311.00–311.001,54312
HeifersMedium and Large 1450–500486296.69/cwt292.00–312.501,442106
HeifersMedium and Large 1Unweaned600–650622258.59/cwt253.00–262.001,60843
HeifersMedium and Large 1300–350326375.19/cwt360.00–385.001,22342
HeifersMedium and Large 1550–600558280.76/cwt267.00–286.001,56768

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.