Sale reports / Nebraska / Bassett / 2020-07-22

Bassett

Feeder Cattle · Bassett, Nebraska · Wed, Jul 22
● Final29 lots reportedUSDA AMS · slug 1852
Receipts
5,210 head
▼ 2,796 vs last sale 8,006▲ 270 vs year ago 4,940 · +5.5%
View

Reporter comment USDA

As filed

Compared with two weeks ago 500 to 950 lbs Steers traded steady to 10.00 higher and 1000 lbs steers traded 2.00 lower, heifer offerings 500 to 650 lbs traded steady to 5.00 lower. Demand was good with several buyers and high internet bidding. Warmer weather in the area with scattered showers around the Sandhills. Next Auction Date WEDNESDAY, AUGUST 12 – SPECIAL FALL CALF, YEARLING, & BRED COW AUCTION, WEIGH UPS 9 A.M.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $147.84/cwt on 4,011 head.
Average price
$147.84
4,011 head · 823 lb average
Value per head Derived
$1,216
Price × average weight ÷ 100
Grade differential Derived
−$224
per head · Medium and Large 1-2 over Medium and Large 1
$16.25/cwt at this weight
vs the market
+1.70
vs NE average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2615163.161,003231
Medium and Large 1835146.911,2273,780
One grade step is worth $16.25/cwt here — about −$224 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 sale4,011 hd
147.84
—
NE average4 barns · 5,629 hd
146.15
+1.70
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Every lot

29 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 · Steers20 lots · lightest first
Steers—Medium and Large 1441173.00/cwt173.00–173.007636
Steers—Medium and Large 1471179.02/cwt177.00–187.0084322
Steers—Medium and Large 1-2488172.29/cwt168.00–173.5084135
Steers—Medium and Large 1524185.02/cwt181.00–188.25970182
Steers—Medium and Large 1-2548174.73/cwt174.50–175.0095815
Steers—Medium and Large 1565178.74/cwt177.00–181.501,010116
Steers—Medium and Large 1-2580171.97/cwt171.50–173.2599792
Steers—Medium and Large 1632170.70/cwt167.00–172.851,079354
Steers—Medium and Large 1-2642160.25/cwt160.25–160.251,02920
Steers—Medium and Large 1666164.70/cwt155.00–168.501,097278
Steers—Medium and Large 1-2687145.24/cwt145.00–146.0099829
Steers—Medium and Large 1727155.61/cwt149.00–162.251,131311
Steers—Medium and Large 1-2740143.00/cwt143.00–143.001,0587
Steers—Medium and Large 1761152.81/cwt151.75–153.001,16394
Steers—Medium and Large 1-2770145.44/cwt143.00–146.501,12033
Steers—Medium and Large 1830142.91/cwt137.50–146.501,186222
Steers—Medium and Large 1874142.77/cwt135.50–149.501,248689
Steers—Medium and Large 1927136.17/cwt130.25–139.001,262318
Steers—Medium and Large 1986130.14/cwt127.00–133.001,283729
Steers—Medium and Large 11,039127.85/cwt126.00–134.101,328459
Feeder Cattle · Heifers9 lots · lightest first
Heifers—Medium and Large 1445167.50/cwt167.50–167.507458
Heifers—Medium and Large 1530160.98/cwt153.50–167.00853174
Heifers—Medium and Large 1565158.21/cwt152.00–164.0089491
Heifers—Medium and Large 1-2584149.00/cwt149.00–149.008705
Heifers—Medium and Large 1620152.93/cwt145.00–155.00948218
Heifers—Medium and Large 1673144.66/cwt139.75–148.00974238
Heifers—Medium and Large 1727143.78/cwt141.00–145.001,04591
Heifers—Medium and Large 1770138.85/cwt137.50–139.251,06935
Heifers—Medium and Large 1810133.68/cwt130.50–136.001,08357

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.