Sale reports / Nebraska / Bassett / 2024-01-03

Bassett

Name: Bassett livestock auction prices — 2024-01-03
Creator: RaisedBeef
Published: 2024-01-03

Feeder Cattle · Bassett, Nebraska · Wed, Jan 3

● Final28 lots reportedUSDA AMS · slug 1852

← Dec 13Jan 3Jan 10 →

Receipts

4,230 head

▲ 500 vs last sale 3,730▲ 490 vs year ago 3,740 · +13.1%

View

Reporter comment USDA

As filed

Happy New Year. No recent test of market, for accurate comparison, a trend will not be given. Demand was very good today with several buyers and very active internet bidders. Next Auction Dates for Jan 10th 17th and 31st Special Feeder cattle auctions Jan 24th Special Bred cow and heifer auction

Weight class — the figures below change to match

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $292.96/cwt on 2,556 head.

Average price

$292.96

2,556 head · 601 lb average

Value per head Derived

$1,760

Price × average weight ÷ 100

Grade differential Derived

$89

per head · Medium and Large 1 over Medium and Large 1-2

$30.45/cwt at this weight

vs the market

+23.74

vs NE average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	598	295.60	1,767	2,335
Medium and Large 1-2	633	265.15	1,678	221

One grade step is worth $30.45/cwt here — about $89 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 sale2,556 hd

292.96

—

NE average3 barns · 5,410 hd

269.23

+23.74

A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Every lot

28 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.

Class	Weight	Grade / description	Avg wt	Price	Range	Per head	Head
Feeder Cattle · Steers16 lots · lightest first
Steers	—	Medium and Large 1	423	362.58/cwt	350.00–369.00	1,534	163
Steers	—	Medium and Large 1Fancy	452	344.00/cwt	344.00–344.00	1,555	40
Steers	—	Medium and Large 1-2	474	289.00/cwt	289.00–289.00	1,370	6
Steers	—	Medium and Large 1	488	321.47/cwt	319.00–329.00	1,569	177
Steers	—	Medium and Large 1Thin Fleshed	513	331.50/cwt	331.50–331.50	1,701	41
Steers	—	Medium and Large 1Fancy	526	323.50/cwt	323.50–323.50	1,702	111
Steers	—	Medium and Large 1	529	305.26/cwt	295.00–309.00	1,615	103
Steers	—	Medium and Large 1Fancy	553	313.00/cwt	313.00–313.00	1,731	95
Steers	—	Medium and Large 1	581	290.51/cwt	285.50–306.00	1,688	472
Steers	—	Medium and Large 1Fancy	609	301.59/cwt	299.00–302.50	1,837	241
Steers	—	Medium and Large 1-2	630	266.19/cwt	251.00–268.00	1,677	201
Steers	—	Medium and Large 1	634	289.59/cwt	285.00–293.50	1,836	207
Steers	—	Medium and Large 1	683	265.86/cwt	258.50–277.00	1,816	337
Steers	—	Medium and Large 1	718	261.48/cwt	260.50–263.75	1,877	273
Steers	—	Medium and Large 1-2	741	240.00/cwt	240.00–240.00	1,778	14
Steers	—	Medium and Large 1	766	254.00/cwt	254.00–254.00	1,946	75
Feeder Cattle · Heifers12 lots · lightest first
Heifers	—	Medium and Large 1	344	270.00/cwt	270.00–270.00	929	6
Heifers	—	Medium and Large 1	435	311.00/cwt	311.00–311.00	1,353	38
Heifers	—	Medium and Large 1-2	440	288.00/cwt	288.00–288.00	1,267	13
Heifers	—	Medium and Large 1	463	304.38/cwt	302.00–305.50	1,409	57
Heifers	—	Medium and Large 1-2	489	284.00/cwt	284.00–284.00	1,389	7
Heifers	—	Medium and Large 1-2	533	258.00/cwt	258.00–258.00	1,375	20
Heifers	—	Medium and Large 1	535	283.63/cwt	282.00–286.50	1,517	177
Heifers	—	Medium and Large 1	559	277.46/cwt	273.00–287.00	1,551	370
Heifers	—	Medium and Large 1-2	619	240.64/cwt	230.00–245.00	1,490	43
Heifers	—	Medium and Large 1Replacement	627	271.00/cwt	271.00–271.00	1,699	151
Heifers	—	Medium and Large 1	632	259.17/cwt	248.00–266.00	1,638	323
Heifers	—	Medium and Large 1Replacement	702	249.00/cwt	249.00–249.00	1,748	85

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.

Nebraska feeder prices, every weight →Every state and region →

Bassett Livestock Auction - Bassett, NE

Wed Jan 3, 2024

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Kearney, NE (LS-WH)

Receipts 4,230Last week 3,730Year ago 3,740

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
6	—	344	270.00	270.00
38	—	435	311.00	311.00
323	—	632	248.00–266.00	259.17
370	—	559	273.00–287.00	277.46
57	—	463	302.00–305.50	304.38
177	—	535	282.00–286.50	283.63

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2$ per cwt · actual wt
7	—	489	284.00	284.00
43	—	619	230.00–245.00	240.64
13	—	440	288.00	288.00
20	—	533	258.00	258.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt
85	—	702	249.00	249.00
151	—	627	271.00	271.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
14	—	741	240.00	240.00
6	—	474	289.00	289.00
201	—	630	251.00–268.00	266.19

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
163	—	423	350.00–369.00	362.58
472	—	581	285.50–306.00	290.51
273	—	718	260.50–263.75	261.48
177	—	488	319.00–329.00	321.47
337	—	683	258.50–277.00	265.86
75	—	766	254.00	254.00
103	—	529	295.00–309.00	305.26
207	—	634	285.00–293.50	289.59

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
111	—	526	323.50	323.50
241	—	609	299.00–302.50	301.59
40	—	452	344.00	344.00
95	—	553	313.00	313.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
41	—	513	331.50	331.50

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.