Name: Bassett livestock auction prices — 2025-01-08
Creator: RaisedBeef
Published: 2025-01-08

Reporter comment USDA

As filed

First reported sale in several weeks a market comparison is not applicable. However, a higher undertone was noted throughout the day. Sale comprised of longtime weaned, longhaired calves with some running out on meadows. Quite a few buyers bidding actively on the first big sale of 2025. Next Auction Date Jan 15th expecting 8500 head starting at 9:00 am

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $356.45/cwt on 1,153 head. That ranks 1 of 13 comparable sales and sits −146.40 against this barn's trailing median of $502.85.

Average price

$356.45

1,153 head · 561 lb average

Value per head Derived

$2,000

Price × average weight ÷ 100

Grade differential Derived

$121

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

$17.56/cwt at this weight

vs the market

+1.18

vs NE average

+14.37 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	562	357.78	2,010	1,066
Medium and Large 1-2	555	340.22	1,888	87

One grade step is worth $17.56/cwt here — about $121 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

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 sale1,153 hd

356.45

—

NE average7 barns · 2,829 hd

355.27

+1.18

National average155 barns · 22,672 hd

342.08

+14.37

This barn, trailing median13 sales

502.85

−146.40

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

42 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
Steers	Medium and Large 1	550–600	574	352.88/cwt	344.00–355.00	2,026	793
Steers	Medium and Large 1	650–700	674	324.08/cwt	315.00–335.00	2,184	786
Steers	Medium and Large 1	700–750	724	310.98/cwt	302.00–319.50	2,251	555
Steers	Medium and Large 1	450–500	483	400.06/cwt	394.50–410.00	1,932	195
Steers	Medium and Large 1-2	600–650	640	319.00/cwt	319.00–319.00	2,042	72
Steers	Medium and Large 1-2	550–600	573	332.24/cwt	327.50–337.00	1,904	58
Steers	Medium and Large 1-2	500–550	519	356.17/cwt	355.00–358.00	1,849	29
Steers	Medium and Large 1-2	700–750	723	290.50/cwt	290.50–290.50	2,100	25
Steers	Medium and Large 1-2	650–700	697	295.00/cwt	295.00–295.00	2,056	10
Steers	Medium and Large 1NHTC	700–750	710	319.00/cwt	319.00–319.00	2,265	160
Steers	Medium and Large 1NHTC	600–650	635	355.00/cwt	355.00–355.00	2,254	85
Steers	Medium and Large 1	400–450	412	445.00/cwt	445.00–445.00	1,833	100
Steers	Medium and Large 1	750–800	759	291.50/cwt	291.50–291.50	2,212	28
Steers	Medium and Large 1	350–400	381	445.00/cwt	445.00–445.00	1,695	7
Steers	Medium and Large 1	300–350	343	450.00/cwt	450.00–450.00	1,544	6
Heifers	Medium and Large 1-2	700–750	709	266.50/cwt	266.50–266.50	1,889	25
Heifers	Medium and Large 1-2	450–500	479	340.00/cwt	340.00–340.00	1,629	17
Heifers	Medium and Large 1-2	400–450	429	362.50/cwt	362.50–362.50	1,555	14
Heifers	Medium and Large 1-2	600–650	635	285.00/cwt	285.00–285.00	1,810	11
Heifers	Medium and Large 1-2	350–400	375	362.50/cwt	362.50–362.50	1,359	10
Heifers	Medium and Large 1	750–800	760	273.00/cwt	273.00–273.00	2,075	74
Steers	Medium and Large 1	600–650	616	344.43/cwt	324.00–351.50	2,122	1,115
Steers	Medium and Large 1-2	400–450	430	408.53/cwt	395.00–422.50	1,757	79
Steers	Medium and Large 1-2	450–500	484	379.08/cwt	378.00–385.00	1,835	143
Heifers	Medium and Large 1Replacement	600–650	633	319.50/cwt	319.50–319.50	2,022	85
Heifers	Medium and Large 1Replacement	650–700	680	303.61/cwt	298.50–309.00	2,065	163
Steers	Medium and Large 1Fancy	450–500	455	420.00/cwt	420.00–420.00	1,911	15
Steers	Medium and Large 1Fancy	550–600	552	371.00/cwt	371.00–371.00	2,048	50
Steers	Medium and Large 1Fancy	650–700	660	340.00/cwt	340.00–340.00	2,244	80
Steers	Medium and Large 1	500–550	520	372.23/cwt	362.00–382.50	1,936	223
Heifers	Medium and Large 1	450–500	479	350.16/cwt	344.00–365.00	1,677	184
Heifers	Medium and Large 1	550–600	560	327.18/cwt	321.00–332.50	1,832	367
Heifers	Medium and Large 1	600–650	628	305.63/cwt	292.50–313.00	1,919	466
Heifers	Medium and Large 1	350–400	377	395.00/cwt	395.00–395.00	1,489	15
Heifers	Medium and Large 1	400–450	417	388.55/cwt	377.50–397.50	1,620	33
Heifers	Medium and Large 1Replacement	700–750	700	297.00/cwt	297.00–297.00	2,079	26
Heifers	Medium and Large 1-2	550–600	580	310.75/cwt	310.00–312.00	1,802	33
Heifers	Medium and Large 1-2	500–550	533	330.41/cwt	328.00–335.00	1,761	68
Heifers	Medium and Large 1-2	300–350	343	405.00/cwt	405.00–405.00	1,389	5
Heifers	Medium and Large 1	700–750	732	285.83/cwt	278.00–291.50	2,092	124
Heifers	Medium and Large 1	500–550	509	355.50/cwt	342.50–367.50	1,809	172
Heifers	Medium and Large 1	650–700	672	288.00/cwt	288.00–288.00	1,935	76

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 Jan 8, 2025

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

Receipts 6,530Last week 5,575Year ago 3,300

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
6	300–350	343	450.00	450.00
7	350–400	381	445.00	445.00
100	400–450	412	445.00	445.00
195	450–500	483	394.50–410.00	400.06
223	500–550	520	362.00–382.50	372.23
793	550–600	574	344.00–355.00	352.88
1,115	600–650	616	324.00–351.50	344.43
786	650–700	674	315.00–335.00	324.08
555	700–750	724	302.00–319.50	310.98
28	750–800	759	291.50	291.50
Steers — Medium and Large 1-2$ per cwt · actual wt
79	400–450	430	395.00–422.50	408.53
143	450–500	484	378.00–385.00	379.08
29	500–550	519	355.00–358.00	356.17
58	550–600	573	327.50–337.00	332.24
72	600–650	640	319.00	319.00
10	650–700	697	295.00	295.00
25	700–750	723	290.50	290.50
Steers — Medium and Large 1 · NHTC$ per cwt · actual wt
85	600–650	635	355.00	355.00
160	700–750	710	319.00	319.00
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
15	450–500	455	420.00	420.00
50	550–600	552	371.00	371.00
80	650–700	660	340.00	340.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
5	300–350	343	405.00	405.00
10	350–400	375	362.50	362.50
14	400–450	429	362.50	362.50
17	450–500	479	340.00	340.00
68	500–550	533	328.00–335.00	330.41
33	550–600	580	310.00–312.00	310.75
11	600–650	635	285.00	285.00
25	700–750	709	266.50	266.50
Heifers — Medium and Large 1$ per cwt · actual wt
15	350–400	377	395.00	395.00
33	400–450	417	377.50–397.50	388.55
184	450–500	479	344.00–365.00	350.16
172	500–550	509	342.50–367.50	355.50
367	550–600	560	321.00–332.50	327.18
466	600–650	628	292.50–313.00	305.63
76	650–700	672	288.00	288.00
124	700–750	732	278.00–291.50	285.83
74	750–800	760	273.00	273.00
Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt
85	600–650	633	319.50	319.50
163	650–700	680	298.50–309.00	303.61
26	700–750	700	297.00	297.00

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.

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