Sale reports / Nebraska / Bassett / 2020-05-13

Bassett

Feeder Cattle · Bassett, Nebraska · Wed, May 13
● Final18 lots reportedUSDA AMS · slug 1852
Receipts
1,420 head
▼ 2,770 vs last sale 4,190▲ 1,420 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared with two weeks ago 550 to 650 lbs steers traded 5.00 to 9.00 higher and no comparable offerings for heifers. Demand was good with several buyers and high internet bidding. Next Auction Date May 27th Special Feeder Cattle, Bred Cows and Pairs

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $154.61/cwt on 970 head.
Average price
$154.61
970 head · 664 lb average
Value per head Derived
$1,027
Price × average weight ÷ 100
Grade differential Derived
$113
per head · Medium and Large 1 over Medium and Large 1-2
$11.64/cwt at this weight
vs the market
+14.19
vs NE average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1667155.781,038873
Medium and Large 1-2642144.1492597
One grade step is worth $11.64/cwt here — about $113 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 sale970 hd
154.61
—
NE average5 barns · 3,061 hd
140.42
+14.19
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Every lot

18 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 · Steers10 lots · lightest first
Steers—Medium and Large 1-2441186.00/cwt186.00–186.0082017
Steers—Medium and Large 1521173.42/cwt170.00–177.0090443
Steers—Medium and Large 1580171.31/cwt166.25–175.25994221
Steers—Medium and Large 1-2596156.00/cwt156.00–156.0093020
Steers—Medium and Large 1634163.56/cwt160.00–170.501,037232
Steers—Medium and Large 1685156.35/cwt154.00–157.251,071114
Steers—Medium and Large 1701152.00/cwt152.00–152.001,06628
Steers—Medium and Large 1-2714128.32/cwt123.00–135.0091660
Steers—Medium and Large 1778137.05/cwt132.25–139.501,066134
Steers—Medium and Large 1815121.64/cwt118.00–129.75991101
Feeder Cattle · Heifers8 lots · lightest first
Heifers—Medium and Large 1331173.00/cwt173.00–173.0057313
Heifers—Medium and Large 1-2380171.00/cwt171.00–171.0065012
Heifers—Medium and Large 1426164.00/cwt164.00–164.0069922
Heifers—Medium and Large 1522145.87/cwt141.00–151.2576128
Heifers—Medium and Large 1Unweaned531136.50/cwt136.50–136.507257
Heifers—Medium and Large 1575141.75/cwt141.25–142.7581577
Heifers—Medium and Large 1622137.35/cwt136.50–138.0085429
Heifers—Medium and Large 1665121.96/cwt121.00–125.0081121

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.