Sale reports / Nebraska / Bassett / 2020-11-04

Bassett

Feeder Cattle · Bassett, Nebraska · Wed, Nov 4
● Final14 lots reportedUSDA AMS · slug 1852
Receipts
650 head
▼ 1,785 vs last sale 2,435▼ 1,480 vs year ago 2,130 · −69.5%
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Reporter comment USDA

As filed

A limited number of comparable offerings for steers and heifers today with 600 lbs steers trading 5.00 higher than last week. Demand was moderate to good. Next Auction Dates for Nov 11th and 18th Special Calves and Yearlings

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $157.58/cwt on 304 head.
Average price
$157.58
304 head · 590 lb average
Value per head Derived
$929
Price × average weight ÷ 100
Grade differential Derived
$138
per head · Medium and Large 1 over Medium and Large 1-2
$2.29/cwt at this weight
vs the market
−0.41
vs NE average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1594157.69936289
Medium and Large 1-2514155.4079915thin
One grade step is worth $2.29/cwt here — about $138 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 sale304 hd
157.58
—
NE average10 barns · 15,029 hd
157.99
−0.41
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Every lot

14 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 · Steers8 lots · lightest first
Steers—Medium and Large 1369174.00/cwt174.00–174.0064211
Steers—Medium and Large 1-2403165.00/cwt165.00–165.006657
Steers—Medium and Large 1464172.00/cwt168.00–175.0079840
Steers—Medium and Large 1541158.00/cwt158.00–158.0085519
Steers—Medium and Large 1556154.22/cwt150.00–155.0085734
Steers—Medium and Large 1-2611147.00/cwt147.00–147.008988
Steers—Medium and Large 1633156.04/cwt152.00–160.00988154
Steers—Medium and Large 1720145.25/cwt145.25–145.251,04631
Feeder Cattle · Heifers6 lots · lightest first
Heifers—Medium and Large 1-2378156.00/cwt156.00–156.005906
Heifers—Medium and Large 1425162.24/cwt156.00–164.0069028
Heifers—Medium and Large 1459152.00/cwt152.00–152.006987
Heifers—Medium and Large 1535150.59/cwt146.00–151.2580646
Heifers—Medium and Large 1585139.00/cwt139.00–139.0081333
Heifers—Medium and Large 1629137.40/cwt132.00–137.7586485

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.