Sale reports / Nebraska / Bassett / 2025-07-23

Bassett

Feeder Cattle · Bassett, Nebraska · Wed, Jul 23
● Final24 lots reportedUSDA AMS · slug 1852
Receipts
2,035 head
7,595 vs last sale 9,630 1,115 vs year ago 3,150 · 35.4%
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Reporter comment USDA

As filed

A limited number of comparable offerings from two weeks ago, with 1000 - 1050 lbs steers trading $13 to $23 higher. Demand was very good with several buyers and active internet bidding. Several rain showers in the area for the past couple of weeks. Sandhills pasture grasses are recovering, putting baling hay meadows on hold. Next Auction Date Aug 6th Special Feeder Cattle Auction, Weigh Ups at 9:00am

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $442.88/cwt on 51 head. That ranks 2 of 13 comparable sales and sits 59.97 against this barn's trailing median of $502.85.
Average price
$442.88
51 head · 571 lb average
Value per head Derived
$2,530
Price × average weight ÷ 100
Grade differential Derived
$222
per head · Medium and Large 1 over Medium and Large 1-2
$47.90/cwt at this weight
vs the market
+0.00
vs NE average
+67.14 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1569450.402,56443
Medium and Large 1-2582402.502,3438thin
One grade step is worth $47.90/cwt here — about $222 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
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 sale51 hd
442.88
NE average1 barns · 51 hd
442.88
+0.00
National average142 barns · 5,388 hd
375.74
+67.14
This barn, trailing median13 sales
502.85
−59.97
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

24 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 1550–600558425.00/cwt425.00–425.002,3729
HeifersMedium and Large 1500–550507429.48/cwt427.50–430.002,17724
HeifersMedium and Large 1700–750709340.29/cwt339.00–341.002,41331
HeifersMedium and Large 1850–900878310.19/cwt306.50–311.752,72351
HeifersMedium and Large 1900–950925310.00/cwt310.00–310.002,86863
HeifersMedium and Large 1650–700680348.72/cwt347.00–351.002,37164
SteersMedium and Large 1700–750722379.31/cwt362.50–386.002,73969
SteersMedium and Large 1650–700666407.00/cwt407.00–407.002,71122
SteersMedium and Large 1500–550511452.50/cwt452.50–452.502,3125
SteersMedium and Large 1-2550–600582402.50/cwt402.50–402.502,3438
SteersMedium and Large 1-2650–700689379.00/cwt379.00–379.002,61130
SteersMedium and Large 1550–600577450.12/cwt442.50–459.002,59738
SteersMedium and Large 1Fancy900–950936336.75/cwt336.75–336.753,152180
SteersLarge 11050–11001,074315.75/cwt315.75–315.753,391300
SteersLarge 11000–10501,033317.77/cwt316.00–318.253,283327
SteersMedium and Large 1800–850830334.00/cwt334.00–334.002,77224
SteersMedium and Large 1900–950908327.50/cwt327.50–327.502,97462
SteersMedium and Large 1750–800769347.13/cwt340.00–350.002,66964
HeifersMedium and Large 1750–800767327.50/cwt324.50–329.502,51255
HeifersMedium and Large 1600–650606377.56/cwt376.00–385.002,28857
HeifersMedium and Large 1-2450–500492395.00/cwt395.00–395.001,9436
HeifersMedium and Large 1-2750–800789306.50/cwt306.50–306.502,4189
HeifersMedium and Large 1Spayed800–850840326.75/cwt326.75–326.752,74569
HeifersMedium and Large 1Spayed900–950908329.01/cwt324.00–334.002,987260

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.