Name: Bassett livestock auction prices — 2024-12-04
Creator: RaisedBeef
Published: 2024-12-04

Reporter comment USDA

As filed

No recent test of market for an accurate comparison a trend will not be given for steers or heifers. A very high demand for steers should be noted with several buyers at the auction, out of state buyers, and internet bidding. Next Auction Date Dec 11th Special Feeder Cattle Auction, Dec 17th Special Weigh Up Auction, Dec 18th Special Holiday Bred Cow & Bred Heifer Auction

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $365.15/cwt on 1,229 head. That ranks 1 of 13 comparable sales and sits −137.70 against this barn's trailing median of $502.85.

Average price

$365.15

1,229 head · 548 lb average

Value per head Derived

$2,000

Price × average weight ÷ 100

Grade differential Derived

$278

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

$35.01/cwt at this weight

vs the market

+16.40

vs NE average

+39.78 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	550	367.63	2,021	1,142
Medium and Large 1-2	524	332.62	1,743	87

One grade step is worth $35.01/cwt here — about $278 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 sale1,229 hd

365.15

—

NE average8 barns · 4,033 hd

348.75

+16.40

National average187 barns · 33,494 hd

325.37

+39.78

This barn, trailing median13 sales

502.85

−137.70

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

31 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	400–450	423	368.93/cwt	366.00–370.00	1,561	59
Heifers	Medium and Large 1	550–600	578	297.68/cwt	294.00–311.00	1,721	82
Heifers	Medium and Large 1	600–650	608	291.38/cwt	290.00–291.50	1,772	98
Heifers	Medium and Large 1	450–500	478	343.21/cwt	335.00–353.50	1,641	101
Heifers	Medium and Large 1	500–550	527	333.65/cwt	327.00–347.50	1,758	216
Heifers	Medium and Large 1	350–400	375	361.52/cwt	355.00–367.00	1,356	57
Steers	Medium and Large 1	400–450	425	402.64/cwt	385.00–413.00	1,711	41
Steers	Medium and Large 1-2	600–650	619	308.14/cwt	292.00–320.00	1,907	74
Steers	Medium and Large 1	650–700	671	315.49/cwt	302.50–334.00	2,117	158
Steers	Medium and Large 1-2	450–500	479	370.57/cwt	362.50–372.50	1,775	51
Steers	Medium and Large 1	600–650	608	339.86/cwt	332.00–350.00	2,066	384
Steers	Medium and Large 1	500–550	532	356.73/cwt	342.50–368.00	1,898	368
Steers	Medium and Large 1Thin Fleshed	400–450	409	430.00/cwt	430.00–430.00	1,759	14
Steers	Medium and Large 1-2	500–550	524	332.62/cwt	317.50–338.00	1,743	87
Steers	Medium and Large 1	750–800	787	289.00/cwt	289.00–289.00	2,274	24
Steers	Medium and Large 1	350–400	379	430.00/cwt	430.00–430.00	1,630	23
Steers	Medium and Large 1-2	400–450	411	381.00/cwt	381.00–381.00	1,566	22
Steers	Medium and Large 1	550–600	577	341.49/cwt	335.00–347.50	1,970	118
Steers	Medium and Large 1-2	700–750	740	283.00/cwt	283.00–283.00	2,094	10
Heifers	Medium and Large 1-2	450–500	485	324.38/cwt	316.00–327.50	1,573	68
Steers	Medium and Large 1	450–500	463	394.51/cwt	380.00–400.00	1,827	284
Heifers	Medium and Large 1Replacement	600–650	606	300.00/cwt	300.00–300.00	1,818	17
Steers	Medium and Large 1Fancy	500–550	520	394.05/cwt	379.00–400.00	2,049	162
Steers	Medium and Large 1Fancy	650–700	654	342.00/cwt	342.00–342.00	2,237	80
Steers	Medium and Large 1Fancy	550–600	566	373.32/cwt	366.00–376.00	2,113	494
Heifers	Medium and Large 1	300–350	334	383.18/cwt	377.50–385.00	1,280	29
Steers	Medium and Large 1-2	350–400	392	395.00/cwt	395.00–395.00	1,548	9
Heifers	Medium and Large 1	650–700	655	273.50/cwt	273.50–273.50	1,791	15
Heifers	Medium and Large 1-2	400–450	409	332.50/cwt	332.50–332.50	1,360	11
Heifers	Medium and Large 1Replacement	550–600	569	325.00/cwt	325.00–325.00	1,849	41
Heifers	Medium and Large 1-2	500–550	522	306.10/cwt	281.00–317.50	1,598	24

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 Dec 4, 2024

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

Receipts 3,450Last week 3,520Year ago 3,105

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
29	300–350	334	377.50–385.00	383.18
57	350–400	375	355.00–367.00	361.52
59	400–450	423	366.00–370.00	368.93
101	450–500	478	335.00–353.50	343.21
216	500–550	527	327.00–347.50	333.65
82	550–600	578	294.00–311.00	297.68
98	600–650	608	290.00–291.50	291.38
15	650–700	655	273.50	273.50
Heifers — Medium and Large 1-2$ per cwt · actual wt
11	400–450	409	332.50	332.50
68	450–500	485	316.00–327.50	324.38
24	500–550	522	281.00–317.50	306.10
Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt
41	550–600	569	325.00	325.00
17	600–650	606	300.00	300.00
Steers — Medium and Large 1$ per cwt · actual wt
23	350–400	379	430.00	430.00
41	400–450	425	385.00–413.00	402.64
284	450–500	463	380.00–400.00	394.51
368	500–550	532	342.50–368.00	356.73
118	550–600	577	335.00–347.50	341.49
384	600–650	608	332.00–350.00	339.86
158	650–700	671	302.50–334.00	315.49
24	750–800	787	289.00	289.00
Steers — Medium and Large 1-2$ per cwt · actual wt
9	350–400	392	395.00	395.00
22	400–450	411	381.00	381.00
51	450–500	479	362.50–372.50	370.57
87	500–550	524	317.50–338.00	332.62
74	600–650	619	292.00–320.00	308.14
10	700–750	740	283.00	283.00
Steers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
14	400–450	409	430.00	430.00
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
162	500–550	520	379.00–400.00	394.05
494	550–600	566	366.00–376.00	373.32
80	650–700	654	342.00	342.00

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

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