Sale reports / Nebraska / Bassett / 2019-11-13

Bassett

Feeder Cattle · Bassett, Nebraska · Wed, Nov 13
● Final22 lots reportedUSDA AMS · slug 1852
Receipts
1,675 head
▼ 455 vs last sale 2,130▲ 1,675 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared with last week a high demand for 500 lbs steers trading 16.00 higher and 550 lbs steers trading 7.00 higher. No comparable offerings for Heifers a trend will not be given. Light snow and colder weather in the area. Total Weigh Ups for the day 425 head. Next Auction Dates for Nov 20th expecting 3000 head, Nov 27th Special Cow and Pair Auction.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $172.41/cwt on 1,411 head.
Average price
$172.41
1,411 head · 560 lb average
Value per head Derived
$965
Price × average weight ÷ 100
Grade differential Derived
$78
per head · Medium and Large 1 over Medium and Large 1-2
$11.83/cwt at this weight
vs the market
+3.98
vs NE average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1560173.069701,334
Medium and Large 1-2553161.2289277
One grade step is worth $11.83/cwt here — about $78 a head. Across this sale the premium is widest at 0–100 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 0–100 lb

Same class and week · spot auction only
This sale1,411 hd
172.41
—
NE average11 barns · 16,715 hd
168.44
+3.98
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Every lot

22 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. Grouped by class and set lightest first; USDA files them in sale-ring order.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers12 lots · lightest first
Steers—Medium and Large 1Unweaned343188.05/cwt181.00–201.0064523
Steers—Medium and Large 1363195.50/cwt195.50–195.507109
Steers—Medium and Large 1Unweaned376195.01/cwt194.00–196.0073332
Steers—Medium and Large 1Unweaned435190.84/cwt178.00–201.00830117
Steers—Medium and Large 1451176.00/cwt176.00–176.007949
Steers—Medium and Large 1Unweaned480183.91/cwt178.50–188.0088380
Steers—Medium and Large 1Unweaned528180.09/cwt173.00–183.75951370
Steers—Medium and Large 1-2Unweaned529168.83/cwt166.50–169.7589340
Steers—Medium and Large 1-2Unweaned579153.00/cwt153.00–153.0088637
Steers—Medium and Large 1Unweaned582166.81/cwt163.00–178.50971219
Steers—Medium and Large 1Unweaned626163.44/cwt158.00–169.251,023259
Steers—Medium and Large 1Unweaned676159.32/cwt157.00–161.001,077216
Feeder Cattle · Heifers10 lots · lightest first
Heifers—Medium and Large 1304172.00/cwt172.00–172.005238
Heifers—Medium and Large 1Unweaned337168.91/cwt168.00–171.0056933
Heifers—Medium and Large 1369170.00/cwt170.00–170.0062718
Heifers—Medium and Large 1Unweaned394164.50/cwt164.50–164.506488
Heifers—Medium and Large 1406163.00/cwt163.00–163.0066239
Heifers—Medium and Large 1Unweaned430157.50/cwt153.00–159.5067779
Heifers—Medium and Large 1Unweaned476154.40/cwt151.00–155.0073556
Heifers—Medium and Large 1Fancy498164.50/cwt164.50–164.5081944
Heifers—Medium and Large 1Unweaned519151.60/cwt147.00–153.0078750
Heifers—Medium and Large 1Unweaned569148.35/cwt146.00–151.0084459

This sale against other markets

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.