Sale reports / Nebraska / Bassett / 2023-11-01

Bassett

Feeder Cattle · Bassett, Nebraska · Wed, Nov 1
● Final29 lots reportedUSDA AMS · slug 1852
Receipts
1,890 head
▼ 1,500 vs last sale 3,390▼ 455 vs year ago 2,345 · −19.4%
View

Reporter comment USDA

As filed

Compared with last week 550 lbs steers traded 3.00 higher, 600 lbs steers traded 8.00 lower, 900 lbs steers traded 4.00 higher, and 500 lbs heifer offerings traded steady. Demand was good, with several buyers today. A long week of cold weather in the Sandhills

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $268.28/cwt on 1,699 head.
Average price
$268.28
1,699 head · 717 lb average
Value per head Derived
$1,924
Price × average weight ÷ 100
Grade differential Derived
−$688
per head · Medium and Large 1 over Large 1
$41.17/cwt at this weight
vs the market
−18.08
vs NE average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1674273.411,8421,340
Medium and Large 1-2574273.411,570147
Large 11,090232.242,531212
One grade step is worth $41.17/cwt here — about −$688 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 sale1,699 hd
268.28
—
NE average9 barns · 15,907 hd
286.36
−18.08
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 · Steers17 lots · lightest first
Steers—Medium and Large 1-2418319.00/cwt319.00–319.001,3338
Steers—Medium and Large 1472322.28/cwt314.00–326.001,521113
Steers—Medium and Large 1-2523292.50/cwt292.50–292.501,53037
Steers—Medium and Large 1535303.26/cwt297.00–305.001,62255
Steers—Medium and Large 1567289.99/cwt287.00–298.001,644129
Steers—Medium and Large 1-2588270.39/cwt259.00–272.001,59049
Steers—Medium and Large 1-2Unweaned621256.00/cwt256.00–256.001,59053
Steers—Medium and Large 1Unweaned632276.44/cwt271.50–278.501,747174
Steers—Medium and Large 1Unweaned652264.00/cwt264.00–264.001,721433
Steers—Medium and Large 1670259.40/cwt254.00–271.001,73855
Steers—Medium and Large 1Fancy674297.00/cwt297.00–297.002,00286
Steers—Medium and Large 1711248.41/cwt247.00–250.001,76632
Steers—Medium and Large 1766243.00/cwt243.00–243.001,86111
Steers—Medium and Large 1850246.00/cwt246.00–246.002,0918
Steers—Medium and Large 1909250.23/cwt249.50–251.002,275244
Steers—Large 11,052236.00/cwt236.00–236.002,483157
Steers—Large 11,197221.50/cwt221.50–221.502,65155
Feeder Cattle · Heifers12 lots · lightest first
Heifers—Medium and Large 1-2413264.00/cwt264.00–264.001,0908
Heifers—Medium and Large 1417273.50/cwt273.50–273.501,14017
Heifers—Medium and Large 1474268.26/cwt265.00–270.001,27258
Heifers—Medium and Large 1-2500259.00/cwt259.00–259.001,29535
Heifers—Medium and Large 1521278.84/cwt276.00–285.001,453105
Heifers—Medium and Large 1570271.00/cwt271.00–271.001,54524
Heifers—Medium and Large 1-2592251.00/cwt251.00–251.001,48624
Heifers—Medium and Large 1610243.73/cwt240.00–246.001,48719
Heifers—Medium and Large 1Unweaned617241.17/cwt240.00–243.251,488107
Heifers—Medium and Large 1721237.00/cwt237.00–237.001,70917
Heifers—Medium and Large 1-2818222.50/cwt222.50–222.501,8205
Heifers—Medium and Large 1961226.50/cwt226.50–226.502,17720

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.