Name: Bassett livestock auction prices — 2025-05-07
Creator: RaisedBeef
Published: 2025-05-07

Reporter comment USDA

As filed

Compared to two weeks ago, steers less than 650 lbs sold 8.00 to 10.00 lower, 650 to 850 lbs sold 5.00 to 8.00 higher and over 850 lbs sold steady to 4.00 lower. Most heifers sold 4.00 to 9.00 higher except 550 to 650 lbs sold 4.00 lower. Demand was good from start to finish. Quite a few order buyers on the seats with very active buying from the internet on the lightweight cattle. Sale comprised of mostly yearling cattle with some bawling and weaned fall calves in the run. Some of Wednesday's lightweight cattle that were slated to go to summer grass and usually sell on the annual BBQ auction in July. However, due to the dry range conditions in the trade area cattle made their way to the auction on Wednesday.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $385.31/cwt on 340 head. That ranks 1 of 13 comparable sales and sits −117.53 against this barn's trailing median of $502.85.

Average price

$385.31

340 head · 566 lb average

Value per head Derived

$2,181

Price × average weight ÷ 100

Grade differential Derived

$211

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

$3.09/cwt at this weight

vs the market

−6.53

vs NE average

+6.52 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	571	385.59	2,200	310
Medium and Large 1-2	520	382.50	1,989	30

One grade step is worth $3.09/cwt here — about $211 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 sale340 hd

385.31

—

NE average6 barns · 974 hd

391.84

−6.53

National average168 barns · 13,508 hd

378.79

+6.52

This barn, trailing median13 sales

502.85

−117.53

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

33 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	Large 1	700–750	702	286.00/cwt	286.00–286.00	2,008	19
Heifers	Large 1	650–700	655	291.00/cwt	291.00–291.00	1,906	25
Heifers	Medium and Large 1-2	450–500	480	350.00/cwt	350.00–350.00	1,680	7
Heifers	Medium and Large 1	800–850	816	289.50/cwt	289.50–289.50	2,362	60
Heifers	Medium and Large 1	500–550	518	377.56/cwt	362.50–395.00	1,956	85
Heifers	Medium and Large 1	400–450	421	396.55/cwt	395.00–400.00	1,669	13
Steers	Medium and Large 1	700–750	720	332.21/cwt	317.00–335.00	2,392	171
Steers	Medium and Large 1	550–600	594	374.70/cwt	372.50–389.00	2,226	180
Steers	Medium and Large 1	900–950	911	286.00/cwt	286.00–286.00	2,605	72
Steers	Medium and Large 1	850–900	885	298.21/cwt	295.00–303.00	2,639	431
Steers	Medium and Large 1	650–700	686	343.71/cwt	337.50–355.00	2,358	447
Steers	Medium and Large 1	950–1000	980	273.54/cwt	269.75–283.00	2,681	471
Steers	Medium and Large 1	400–450	410	497.50/cwt	497.50–497.50	2,040	5
Steers	Medium and Large 1	350–400	365	516.82/cwt	512.50–522.50	1,886	9
Steers	Medium and Large 1	1050–1100	1,073	261.50/cwt	261.50–261.50	2,806	147
Steers	Large 1	650–700	688	323.00/cwt	323.00–323.00	2,222	10
Steers	Large 1	900–950	920	274.00/cwt	274.00–274.00	2,521	21
Steers	Large 1	1000–1050	1,046	261.50/cwt	261.50–261.50	2,735	53
Steers	Medium and Large 1	450–500	476	436.06/cwt	432.50–437.00	2,076	61
Steers	Medium and Large 1	800–850	815	308.25/cwt	308.25–308.25	2,512	65
Steers	Medium and Large 1	1000–1050	1,024	273.20/cwt	268.00–274.50	2,798	69
Heifers	Medium and Large 1	700–750	725	299.86/cwt	298.50–302.00	2,174	31
Heifers	Medium and Large 1	450–500	472	391.83/cwt	380.00–399.50	1,849	36
Heifers	Medium and Large 1	600–650	605	321.47/cwt	320.00–322.00	1,945	40
Steers	Medium and Large 1-2	650–700	676	327.50/cwt	327.50–327.50	2,214	8
Steers	Medium and Large 1	750–800	785	313.69/cwt	307.50–315.00	2,462	96
Steers	Medium and Large 1	500–550	538	400.66/cwt	387.50–404.00	2,156	130
Heifers	Medium and Large 1	550–600	580	337.72/cwt	326.00–347.50	1,959	93
Heifers	Medium and Large 1	650–700	680	326.39/cwt	290.50–337.50	2,219	321
Heifers	Medium and Large 1	750–800	762	303.28/cwt	286.00–306.00	2,311	346
Steers	Medium and Large 1	600–650	637	362.71/cwt	350.00–368.00	2,310	375
Steers	Medium and Large 1-2	450–500	480	414.17/cwt	412.50–415.00	1,988	12
Steers	Medium and Large 1-2	500–550	520	382.50/cwt	382.50–382.50	1,989	30

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 May 7, 2025

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

Receipts 4,063Last week 4,570Year ago 1,840

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Large 1$ per cwt · actual wt
25	650–700	655	291.00	291.00
19	700–750	702	286.00	286.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
7	450–500	480	350.00	350.00
Heifers — Medium and Large 1$ per cwt · actual wt
13	400–450	421	395.00–400.00	396.55
36	450–500	472	380.00–399.50	391.83
85	500–550	518	362.50–395.00	377.56
93	550–600	580	326.00–347.50	337.72
40	600–650	605	320.00–322.00	321.47
321	650–700	680	290.50–337.50	326.39
31	700–750	725	298.50–302.00	299.86
346	750–800	762	286.00–306.00	303.28
60	800–850	816	289.50	289.50
Steers — Medium and Large 1$ per cwt · actual wt
9	350–400	365	512.50–522.50	516.82
5	400–450	410	497.50	497.50
61	450–500	476	432.50–437.00	436.06
130	500–550	538	387.50–404.00	400.66
180	550–600	594	372.50–389.00	374.70
375	600–650	637	350.00–368.00	362.71
447	650–700	686	337.50–355.00	343.71
171	700–750	720	317.00–335.00	332.21
96	750–800	785	307.50–315.00	313.69
65	800–850	815	308.25	308.25
431	850–900	885	295.00–303.00	298.21
72	900–950	911	286.00	286.00
471	950–1000	980	269.75–283.00	273.54
69	1000–1050	1,024	268.00–274.50	273.20
147	1050–1100	1,073	261.50	261.50
Steers — Large 1$ per cwt · actual wt
10	650–700	688	323.00	323.00
21	900–950	920	274.00	274.00
53	1000–1050	1,046	261.50	261.50
Steers — Medium and Large 1-2$ per cwt · actual wt
12	450–500	480	412.50–415.00	414.17
30	500–550	520	382.50	382.50
8	650–700	676	327.50	327.50

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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