Sale reports / Nebraska / Bassett / 2023-10-04

Bassett

Feeder Cattle · Bassett, Nebraska · Wed, Oct 4
● Final19 lots reportedUSDA AMS · slug 1852
Receipts
1,935 head
▼ 865 vs last sale 2,800▼ 1,835 vs year ago 3,770 · −48.7%
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Reporter comment USDA

As filed

Compared with last week 850 and 950 lbs steers traded 5.00 to 14,00 lower with no comparable offerings for heifers. Demand was good with several buyers today. Next Auction Dates Oct 11th: starting at 11:00 am, expecting 4000 yearlings and 1000 spring calves

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $238.47/cwt on 1,049 head.
Average price
$238.47
1,049 head · 885 lb average
Value per head Derived
$2,110
Price × average weight ÷ 100
Grade differential Derived
−$208
per head · Medium and Large 1-2 over Medium and Large 1
$0.60/cwt at this weight
vs the market
−20.22
vs NE average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2797239.061,90516thin
Medium and Large 1886238.462,1131,033
One grade step is worth $0.60/cwt here — about −$208 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 sale1,049 hd
238.47
—
NE average8 barns · 6,580 hd
258.69
−20.22
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Every lot

19 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 · Steers7 lots · lightest first
Steers—Medium and Large 1-2608274.00/cwt274.00–274.001,6666
Steers—Medium and Large 1737255.00/cwt255.00–255.001,87937
Steers—Medium and Large 1837248.30/cwt240.50–250.502,07822
Steers—Medium and Large 1-2863242.00/cwt242.00–242.002,0889
Steers—Medium and Large 1891252.37/cwt243.25–254.752,249302
Steers—Medium and Large 1970236.53/cwt234.00–239.752,294205
Steers—Medium and Large 11,037237.13/cwt231.75–238.752,459236
Feeder Cattle · Heifers12 lots · lightest first
Heifers—Medium and Large 1565258.00/cwt258.00–258.001,45812
Heifers—Medium and Large 1698245.40/cwt244.25–248.001,71365
Heifers—Medium and Large 1759239.25/cwt239.25–239.251,81630
Heifers—Medium and Large 1-2797239.06/cwt238.50–240.001,90516
Heifers—Medium and Large 1800238.00/cwt238.00–238.001,904130
Heifers—Medium and Large 1Spayed878240.35/cwt238.75–241.002,110198
Heifers—Medium and Large 1896230.00/cwt230.00–230.002,06114
Heifers—Medium and Large 1Spayed925238.98/cwt235.00–245.252,211359
Heifers—Medium and Large 1932235.81/cwt232.50–237.502,19898
Heifers—Medium and Large 1977232.75/cwt232.50–233.502,27454
Heifers—Medium and Large 1Spayed1,003234.75/cwt234.75–234.752,35560
Heifers—Medium and Large 11,057215.00/cwt215.00–215.002,27313

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.